Fintech company Capital.com has reaffirmed its commitment to responsible trading by launching a new educational app for Traders to help them understand trading and improve risk management. What are the benefits of using this new app?
25 April, Capital.com – The launch follows increasing examination and regulation on CFD trading platforms from both ESMA and the FCA – measures that Capital.com has openly welcomed.
Capital.com launches new educational app for Traders
Capital.com’s Investmate app - which is free to download - delivers an expansive range of introductory trading courses on financial instruments, derivatives and CFDs, as well as a course on understanding the risks of trading. It does this through educational content, including interactive courses, quizzes, and articles, aimed at teaching amateur traders about investment best-practices.
The app suggests goals based on users’ trading experience and in addition, any financial terms that are referred to in the lessons are highlighted, giving users the opportunity to click through to a more detailed description of that term. Through this material, Capital.com will help beginners become more responsible, informed participants in the market, as well as provide them with the tools they need to trade successfully.
The aims of CFD trading platform
Ivan Gowan, CEO of Capital.com says,
“CFD trading platforms have a responsibility to help retail investors manage their appetite for risk against their ability to handle any losses and ESMA’s recent temporary measures provide an improved yardstick for providers to make sure that the industry get this balance right."
“We strongly believe that education is a large part of this responsibility on CFD trading platforms and it’s for this reason that we decided to make education a foremost priority for our company. Similarly, there is also demand for more education from clients, who want to learn, study and participate in the markets.
Financial literacy is extremely important for everyone today, whether they want to become a trader or not and our Investmate app enables everyone – regardless of their current knowledge – insights into financial terms and trends. Our primary goal is to provide 1,000,000 people with basic financial knowledge.”
Future updates to the new educational app
Capital.com is continually developing its educational materials and is already planning to add video tutorials and a breakdown of basic financial terms to future updates to the app.
“We have provided a great app with engaging design and user experience. It’s a major improvement on the grey suits design of the previous version and we’re excited to share this app with budding traders. We encourage anyone considering retail investments to ensure they’re clued up on the market and are sure that our Investmate app will help us in our challenging mission of improving financial literacy.”
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 CySEC.