Business Daily Media

Men's Weekly

.

Trusting AI in financial markets: Octa broker's rundown of perspectives and prospects

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 29 November 2024 - Artificial Intelligence (AI) has integrated into the financial sector, showing one of the highest adoption rates across industries, according to Statista.

The tech transforms industry development, offering new business opportunities, user experience—and risks. Despite undoubted benefits, traders exhibit mixed feelings about AI, grappling with its potential as well as its risks. Octa, a broker with globally recognised licenses, shares insights on how traders perceive AI, highlighting its advantages, challenges, and potential in reshaping retail trading.

Octa

The State of AI Adoption in Trading

AI adoption in trading is rather significant on the enterprise level. According to McKinsey's 2024 State of AI Report, 50% of financial institutions have integrated AI into their trading workflows, citing efficiency and predictive capabilities as primary benefits. However, individual traders remain cautious: surveys indicate that 38% of retail traders hesitate to fully trust AI-driven decisions, primarily due to fears of losing control over critical trading outcomes. While the fear of the unknown and potential risks prevent traders from adopting the tech, the FOMO (fear of missing out) may inevitably increase, with AI allegedly offering an enhanced trading experience.

The Perks of AI Adoption for Retail Traders

As discussed in the previous material, AI in Finance by Global Broker Octa: Transforming Investment Strategies for the Future, the potential of AI in enhancing trading processes has already started to shape the industry. Recent research from JPMorgan found that approximately 60% of their institutional trading activities now integrate AI-driven tools to optimise market predictions and improve trade execution. Furthermore, the 2023 McKinsey State of AI report highlights that AI adoption in the financial services sector has increased by 35% over the past two years, driven by its ability to reduce processing times by up to 70% and improve predictive accuracy by 30%. For traders, these advancements mean more efficient workflows and potentially more accurate decision-making.

What is more, AI-based tools process immense datasets in real-time and uncover actionable insights without the need to spend hours monitoring the market manually. By automating routine tasks like tracking price movements or scanning charts for patterns, AI allows traders to focus on strategic decision-making. Besides, AI-based tools like OctaVision aim to help traders improve their decision-making by offering personalised trade analysis and recommendations.

Barriers to Trust in AI

While AI's capabilities are numerous and have proved to improve efficiency, traders harbour significant reservations:

  • Loss of control: Many traders worry about handing over critical decisions to an automated system, fearing that AI might misinterpret complex market conditions.
  • Technical failures: Some are concerned that the algorithms are adequately trained and rely on a decent data set to conduct accurate analysis of actual data.
  • Transparency challenges: The 'black box' nature of some AI models makes it difficult for traders to fully understand how AI-based algorithms come up with specific recommendations.
For instance, AI models used in algorithmic trading often base predictions on historical data, which may not always account for unprecedented market disruptions. Traders are thus compelled to validate AI-driven recommendations manually, adding an extra layer of oversight—and requiring more time to come up with a final trading decision.

Given that, achieving the optimal balance between AI-based insights and human touch is key to successful AI deployment for traders. To find the ideal blend, they should educate themselves on the mechanics of AI and its applications. To speed up the process, traders can study dedicated resources to understand how AI can be applied in retail trading and test ready-made scenarios in practice.

Balancing Trust and Innovation in AI-Driven Trading

Integrating AI into trading presents both opportunities and challenges for market participants. While the technology offers significant advantages—such as enhanced efficiency, quick data analysis, and improved predictive capabilities—it raises valid concerns about trust, transparency, and the potential loss of human oversight.

The growing adoption of AI across financial markets, as seen in institutional practices and retail trading trends, indicates that traders increasingly recognise its value in navigating the markets. However, a balanced approach is essential. By combining the strategic insights offered by AI with traditional analytical methods and personal judgement, traders can mitigate risks and harness the full potential of this technology. The key lies in education, transparency, and fostering a sense of control. Traders should adopt AI-based tools to enhance their strategies with confidence while maintaining the human touch that remains central to financial decision-making.
Hashtag: #Octa

The issuer is solely responsible for the content of this announcement.

Octa

is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.

The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.

In the APAC region, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine and International Global Forex Awards, respectively.

News from Asia

Galaxy Macau Presents Tatler Off Menu; Returns with a Stellar Line-up of Chefs to Illuminate Macau as a UNESCO Creative City of Gastronomy

Macau’s cornerstone culinary event brings the region’s top talents to Galaxy Macau from November 14 to 15 with early-bird ticketing by October 26. MACAU SAR - Media OutReach Newswire - 15 October ...

Project for Love Expands Compassion-Based Education Across Africa

JOHANNESBURG, SOUTH AFRICA - African Media Agency (AMA) - 15 October 2025 - Project for Love, a global educational movement rooted in loving-kindness and compassion, is deepening its impact in Afri...

World Vision marks its 75th anniversary with World Vision Day , sharing the achievements of its global poverty alleviation efforts and expressing gratitude to its partners for walking alongside

HONG KONG SAR - Media OutReach Newswire - 16 October 2025 - Embarking the 75th anniversary of World Vision International, World Vision Hong Kong hosted World Vision Day on 11 October, 2025 (Saturd...

The National University Hospital and Ruijin Hospital, Shanghai Jiao Tong University School of Medicine establish key partnership for collaborative healthcare innovations

Through the newly-formed Singapore-Shanghai Medical Innovation Centre, clinicians from both hospitals partner to advance breakthroughs in cell and gene therapy and orthopaedics for a start SING...

Aryaka Launches New Channel Program, Bringing Simplicity and Scalability to Partner Ecosystem

Aryaka Partner Program strengthens partner engagement, improves ease of onboarding, and positions company for accelerated channel-led growth SINGAPORE - Media OutReach Newswire - 16 October 2025 –...

"Veterinary Orthopedic Guardian": European Veterinary Surgeon Dr. Hannah Partners With VEC Hong Kong

Bringing Extensive European Experience to Lead Advanced Orthopaedic Surgeries and Elevate Pet Surgical Care HONG KONG SAR - Media OutReach Newswire - 16 October 2025 - Veterinary Emergency Centr...

Tourism and Commerce Surged During F1™[1] Singapore Night Race – Visa

The increase in spend is driven by affluent travellers and nighttime economy SINGAPORE - Media OutReach Newswire - 16 October 2025 - Visa, a global leader in digital payments, today released new i...

Kuala Lumpur Sustainability Summit 2025 Champions Regional Leadership in Climate Action and Green Growth

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 16 October 2025 - The Kuala Lumpur Sustainability Summit (KLSS) 2025 continued its momentum on the second day, following the launch on Tuesday by...

Jollibee Named Best in Customer Service Among Fast Food Chains in Singapore

SINGAPORE - Media OutReach Newswire - 16 October 2025 - The Jollibee Group celebrates another major milestone and international win as Jollibee Singapore has been hailed by the Straits Times as th...

Sentorise Launches the 12.8V 100AH Group31: Reliable, Sustainable Power for Europe

BERLIN, GERMANY - Media OutReach Newswire - 16 October 2025 - Sentorise has launched its 12.8V 100Ah Group 31 LiFePO₄ battery in Europe, providing a reliable power solution for RV travelers, off-g...

What Can Australian SMEs Hope For in a Meeting Between Albanese and Trump?

For small and medium-sized enterprises (SMEs) in Australia, international politics might seem distant—but when leaders like Prime Minister Anthony...

Qantas to Serve Nan’s Davidson Plum Cookie

Lake Macquarie, NSW (Awabakal Country): From a single mother’s kitchen bench to supermarket shelves, Wiradjuri entrepreneur Terri-Ann “Tezzi” Dani...

Minns Labor Government shutting down the Business Connect program

The NSW Opposition is concerned that the Labor government will shut down a support program that has assisted New South Wales businesses. In a media ...

Samsara Eco appoints Dr. Lars Kissau as General Manager for Asia

Australian biotech innovator Samsara Eco has announced the appointment of Dr Lars Kissau as its first General Manager of Asia. Based in Singapore...

From the first bounce to the final siren - small business lessons from the AFL Grand Final

The AFL Grand Final is one of the most anticipated days on the sporting calendar. This Saturday, the Geelong Cats and Brisbane Lions will battle i...

Australia’s top finance leaders recognised as CFO role expands

Amid surging regulatory demands and rapidly evolving industry, Australia’s most influential Chief Financial Officers will be honoured at the inaug...