Artificial Intelligence (AI) is slowly becoming a common tool used in trading, especially when it comes to trading digital assets. This technology is growing and developing quickly, and thanks to this interest and development, it is becoming more and more efficient.
The need to use AI in trading comes from several reasons, such as the fact that the AI can keep track of the market even when the trader can’t. This is important, as digital assets markets tend to be open 24/7, which can present plenty of opportunities, which traders usually miss due to sleep or work.
Not to mention the fact that AI-managed trading completes trades without falling into the common pitfalls, such as allowing the emotions to get in the way. These and other reasons have caused AI trading bots to emerge, as well as trader-operated AI-managed trading accounts on various online services, such as World Markets.
What is World Markets?
World Markets is a firm that has been around since 2003. Of course, back then, it only acted as a precious metals dealer. Since then, the company has built up an impressive reputation, which made it a leader in the Bullion INvestment industry.
Recently, however, it decided to expand its operations. As such, it became a provider of digital trading services. It covers things like STOs, digital Gold, as well as the mentioned AI-managed trading accounts.
The company aims at institutional investors, such as private banks, HNW investors, funds, and even retail investors.
The company claims to have over 50,000 clients around the world, with the annualized return sitting at 718%.
But, while the firm’s history, present, as well as speculations about its future, are rather interesting, the thing that interests us the most right now is its AI managed trading accounts.
How do World Markets’ AI-managed trading accounts work?
Whenever the markets are bullish, everyone tends to become overly optimistic. This can be dangerous, as investors tend to invest in anything, believing that they can make no wrong.
The situation is the opposite when it comes to bearish periods when everyone panic-sells ina order to avoid losing the value of their assets. However, there is a better way to go about the situation than to simply buy when the prices rise and sell when they drop. Both of these market states can be used in a greater way — one which will secure superior returns for the trader, and that is to use AI accounts.
The accounts are simple enough to open, and all you need to do is start by opening a regular trading account. After that, digitally sign the trading agreement, so that the company’s team would have trade-only access to your account and funds.
Lastly, deposit your funds, and 24 hours later — the trading can begin. The company’s AI will find the best deals and it will use your deposit to make you a profit. The company’s team of professional traders will manage it, and all you need to do is deposit the funds and watch as these experts do wonders with any amount you provide them with.
Also, you, as a trader, can check your account at any point in time. You can monitor it constantly, or check upon it any few months — it completely depends upon you.
How much do you have to pay to start?
When it comes to most other companies’ managed account fees, they usually come in excess of 30%. However, World Markets does not ask for this much.
There are only two pricing structures for traders to choose from. You can either select:
Standard accounts, with a 20% performance fee and 1% annual management fee
Gold Premier accounts (€25,000+), with a 10% performance fee.
The first account type will let you keep 80% of the profits, while the second one will allow you to keep 90% of what your managed account earns.
There are no upfront fees.
The company is extremely dedicated to the security and safety of your funds. More than that, it will also maintain reasonable levels of risk, and ensure that your profits remain, after originally earning them.
This has grown to become one of the best ways of trading and earning money out of crypto price shifts, without needing any experience.
Conclusion
Artificial Intelligence has revolutionized trading, mostly by eliminating the emotionalism of the crypto market ecosystem. It has long been suggested that emotions are one of the greatest obstacles when it comes to traders making large profits, as we tend to get carried away or make a wrong step due to fear of loss, or greed.
The AI eliminates this completely, and can act only when doing so is sensible and logical. Meanwhile, you get to be as involved or detached as you wish, leaving everything to your AI managed account, or monitoring it the whole time.
Image by Gerd Altmann from Pixabay
The post Introducing World Markets’ AI-managed trading accounts appeared first on Global Coin Report.
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