DUBAI, February 2021 - Springbox AI, the AI-powered financial forecasting application, today launches its beta application, an affordable financial tool that delivers actionable insights powered by AI. Designed to replace expensive financial market investment services, Springbox AI is packed with features to enable traders to maximize their profits, minimize losses, and trade smarter. Accessible not just to seasoned traders, Springbox AI is priced so that anyone from beginners on can gain access to invaluable financial tools to bolster their trading.
Traditional investing tools cost thousands of dollars a year. This puts them securely out of range of mainstream traders who just don’t have that kind of money to spend. Today’s younger investors are looking for additional income, or gamifying the markets to improve their financial standing. They aren’t looking to pay thousands of dollars, but they are looking for any financial edge. This can be a double edged sword as they may be served bad advice from unreliable sources.
Springbox AI is not artificial intelligence, it’s artificial intel. Through AI and deep learning, Springbox AI provides invaluable market intelligence to users. Using AI to create better financial forecasts is only a part of the puzzle. Springbox AI’s founders bring decades of financial market experience to their application, pairing it with complex AI forecasting to present digestible insights that deliver an 85% win ratio on selected stocks, and a Sharpe ratio above 3.0 on average.
Unlike competitors, Springbox AI's recommendations are fully transparent, clear, and easy to understand without any manipulation. Each recommendation comes with a probability of success so users can decide what recommendations to employ. Traders are also notified when it's time to collect profits or cut losses.
With its decades of founder experience in banking, and with this generation of cost-focused traders in mind, Springbox AI will enable traders with the tools necessary to build their portfolios. At a monthly cost of only $49, with no add-ons or hidden costs, traders get all the financial intelligence tools they need to make informed decisions.
Springbox AI features include:
Market Forecasting: Get clear AI trading signals in real-time thanks to advanced predictive technology and never miss an opportunity. Receive instant notifications for quicker decisions.
Smart Signals: A dynamic target profit module keeps your potential losses in check and your potential profits unlimited.
Live Market Screening: Springbox AI scans for market patterns on Stocks, Forex, and Futures markets and delivers a Top 10 assets buy/sell list.
Intelligent Trading News: Springbox boost offers real-time trading news and resources from top media sources to improve your trading knowledge.
User Friendly UI: Time is money. Springbox AI is an intuitive app that features a clean dashboard for easy on-the-go use.
“Springbox AI is born out of the necessity to assist investors in their trade decisions whether they trade stocks, forex, commodities or ETFs,” says Springbox AI Co-Founder, Fayze Bouaouid. “Younger, faster traders are entering the financial world. These traders have been inundated in their applications almost since birth, and are always searching for tools with dynamic UI and functionality that helps them find financial success. They need data, they need it to be accurate and timely, and they need it to provide actionable intelligence that makes them money without having to spend exorbitant amounts to get it.”
“Most brokers focus their marketing by selling investors the dream or the myth of easy-money, resulting in 96% of self-traders losing money and quitting,” says Co-Founder Kassem Lahham. “Using Springbox AI traders will have access to an app that will help them succeed, focused on the data.”
“To achieve our mission, we use our AI-powered algorithms to identify high market patterns profitability. This enables us to make market forecasts with increased accuracy of trading decisions,” says Co-Founder El Mostafa Belkhayate. “Springbox AI analyzes hundreds of factors and signals including stock fundamentals, historical pricing, technical indicators, sentiment market data, news data, and more to model accurate predictions on a range of financial instruments.”
Springbox AI beta will be available for iOS and Android for $49/month (which comes out to $1.95 per trading day).
Springbox AI is based with the Dubai International Financial Centre and was created in May 2019 by three experienced bankers with decades of experience in the asset management and banking industries in Luxembourg, Germany, Switzerland, and UAE . Springbox AI spent over a year in Research & Development prior to beta release and uses AI-powered algorithms to identify high market patterns profitability to make market forecasts with increased accuracy of trading decisions.