Capital.com’s SmartFeed Has Arrived

Fintech startup rolls out their revolutionary smart tool – Helps users trade smarter by detecting biases and providing tailored content

Capital.com, a fintech company developing cutting-edge trading software has just announced the much anticipated release of their leading SmartFeed technology. CEO Kira Bondareva proclaims it as “one of the most exciting features of Capital.com’s app.”

SmartFeed, backed by AI technology, is a smart tool able to track investors’ behaviour, detect cognitive biases and provide tailored educational materials and financial news to advance their investment skills.

Capital.com’s COO Anastasiya Akula, speaking of the tool said: “By harnessing the power of AI, particularly through the app’s advanced SmartFeed function, Capital.com seeks to educate and inform users, and promote a thoughtful, intelligent, and sophisticated approach to trading, while helping to expand market access.”

She continues to explain how the powerful SmartFeed works: “Say you purchased an Apple stock, it grew a bit, then you sold it. You did the same three times. You start feeling that you know everything. You put all your money in Snapchat stocks — which unfortunately drop in price and cause you to lose everything. This is overconfidence bias, which the SmartFeed technology can detect and address.”

It may be but one example of bias, however SmartFeed’s capabilities expand to detect Disposition, Martingale and Loss Aversion biases, with others soon to be added to its growing repertoire.

As a user trades with the Capital.com app, the SmartFeed works to discover if a user is affected by any bias. If it detects one the user is then presented with tailored content including feature articles, financial material written by professional financial writers and psychologists, and a personalised newsfeed built using algorithms that detect a users’ trading interests. All aimed at addressing that specific bias.

SmartFeed is rooted in economic behavioural science. Italian researchers found that by reminding traders of biases, their trading performance tended to improve. By conducting an experiment with two test groups of students – one group who were reminded daily of trading biases via text message, with their trading performance monitored and another group who were not sent such notifications.

Researchers compared the results and found that those students who received continual awareness of biases performed significantly better than those who didn’t. A simple but brilliant idea – to inform – that has major implications for the fintech industry.

This concept is the basis of the innovative SmartFeed technology. CEO Kira Bondareva confirms: “SmartFeed is seeking to create smart traders by targeting biases and is set to revolutionise the way we make trading decisions.”

 

Download Capital.com:

• iOS link
• Android link

 

Download Investmate:

• iOS link

 

About Capital.com

Capital.com is a fintech startup providing an AI-powered trading platform, designed to take trading to the next level. Available on both desktop and smartphone, the trading platform lets users trade CFDs on the world’s top markets including Forex, cryptocurrencies, commodities, indices and more. The company received a $25 million investment from VP Capital and Larnabel Ventures. Capital.com is licensed by the CySEC.

 

More information can be found at: https://capital.com/.

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Plc. ADVFN Plc does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

WHAT IS ADVFN?

ADVFN covers all things stock market.

From the news and opinion pieces on pages like this to share discussion forums, charting tools, financials, live share prices and Level 2, order book data

If you trade or invest ADVFN has the tools you need to make the right decisions.

• 

  101 Ways to Pick Stock Market Winners

  You need the number one bestselling investment guide, the definitive text for day traders, investors and stock pickers.

• 

  The Death of Wealth

  Dissecting the global economy and the financial markets, the book lays out the evidence for the next economic game changer: the Death of Wealth.

• 

  James Cummings

• 

  Tor FX

• 

  Faraday Research

• 

  Jekyll & Hyde