Eightcap, a well-known global FX and CFD services provider based in Melbourne, Australia, has recently introduced an innovative tool for its clients: an economic calendar powered by AI. Developed in collaboration with Acuity, the calendar offers a comprehensive overview of more than 1000 macroeconomic events, sorted by their potential impact on the market. This tool aims to help traders manage market volatility triggered by economic events more efficiently and make good trading decisions.
The new economic calendar introduced by Eightcap differs from traditional calendars as it offers a range of unique features providing valuable insights into the market’s reaction to economic events. Not only does it give an overview of upcoming macroeconomic events, but it also explains the reason behind the event’s impact and how the market will react.
The CEO of Eightcap, Alex Howard, believes that the new AI-powered economic calendar will offer clients a powerful new tool to stay ahead of the fast-moving markets. He also emphasizes that Eightcap is committed to providing a wide range of tools and educational resources to enhance its clients’ trading experience, enabling them to make smarter trading decisions.
With the new economic calendar, traders can leverage AI-powered advanced filtering to identify potential trading opportunities across 100+ countries and 1000+ macroeconomic events. The filtering technology utilizes bright and bold elements to highlight events with high, medium, and low-impact levels, helping traders prioritize their attention and focus on the most relevant events.
Andrew Lane, CEO of Acuity Trading, expressed enthusiasm for their partnership with Eightcap, a prominent online broker in the industry. He highlighted the potential to expand their reach and provide more traders with access to their powerful AI-based tools.
The new economic calendar will be available to all Eightcap clients and can be accessed via the Eightcap client portal. Additionally, traders can conveniently run the economic calendar as an EA tab on the MT4 or MT5 research terminal. This integration allows traders to access news, sentiment data, and other features within the same window, enhancing their user experience and enabling them to make more informed trading decisions.
About Eightcap
Eightcap is a top-tier derivatives provider established in Melbourne, Australia in 2009. The company offers its clients a diverse range of financial markets to trade on, including Forex, Indices, Shares, Commodities, and Cryptocurrency CFDs. Eightcap is authorized and regulated by several prominent financial regulatory bodies, including the Australian Securities and Investments Commission (ASIC), the Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), and the Securities Commission of The Bahamas (SCB).
The company is committed to providing its clients with the best possible trading experience and continually strives to improve its platform. The partnership with Acuity Trading is a testament to this commitment, as it enables Eightcap to offer cutting-edge tools and resources to its clients.
For more information about Eightcap or the economic calendar, please see here.