The retail
broker Amega has announced a partnership with financial technology firm Acuity
Trading, integrating the latter’s AnalysisIQ tool into its trading platform.
The move is designed to provide Amega’s clients with access to advanced market
signals and trading strategies.

Amega Integrates Acuity
Trading’s AnalysisIQ Tool

AnalysisIQ,
developed by PIA-First, an FCA-regulated entity, combines human analyst
expertise with AI-driven insights to generate trade ideas. These ideas come
with specific target levels, confidence ratings, and risk/reward ratios,
typically exceeding 2:1 and sometimes reaching 5:1.

Amega,
which serves over 180,000 registered clients across 120 countries, will make
AnalysisIQ available through its newly released mobile application via API
integration. The broker offers a range of tradable assets, including Forex
pairs, stocks, indices, precious metals, and energies.

“This
partnership reflects our dedication to providing cutting-edge technology and
trustworthy services,” Vadim Zhuravlev, CEO of Amega, stated. “By integrating
AnalysisIQ, we empower traders with clear, actionable insights to enhance their
trading experience.”

The
integration is expected to enhance Amega’s existing platform features, which
include an Ideas Hub offering trading signals, market analytics, and
educational content.

This week, Finance
Magnates reported that Amega has just welcomed a new Business Development
Manager, Gabriel Podașcă, who has previously worked in similar positions with
many popular brokers, including IronFX and Moneta Markets.

“The
integration of AnalysisIQ, one of the best integrations we have seen a client
perform, will help Amega’s clients make more informed decisions and ultimately
enhance their trading experience,” Andrew Lane, Acuity Trading CEO, added.

“Many People Probably Do
Not Understand What AI Is”

The CEO of
Acuity spoke with Finance Magnates during iFX EXPO International 2024. He
discussed a trend he refers to as “AIwashing.” Lane compared
“AIwashing” to “greenwashing,” which involved companies
trying to appear environmentally friendly to earn sustainability points among
investors, but in reality, they were not. The scale and impact of greenwashing
even prompted regulatory bodies to take action.

“There is a
lot to the word AI,” Lane said. “I understand it more in terms of machine
learning. The number of people saying, ‘Oh, we have AI and our product is AI
this,’ and they probably don’t even understand what AI is.”

In the
meantime, his company partnered with Forex CRM provider Techysquad, to implement
more advanced market research tools. They aim to provide brokers and also
trader with a more comprehensive platform for client relationship management.