Tuesday, Apr 23 2024 | Time 19:15 Hrs(IST)
Business Economy

StoxBox launches India’s 1st AI-Powered Trading Platform on WhatsApp

Mumbai, Mar 5 (UNI) StoxBox, a leading Value Broker on Tuesday said that it has launched one of India’s first-ever AI-powered trading platforms on WhatsApp, StoxBox WhatsApp Trader (SWT).
This innovative platform is set to transform the trading experience, offering users the accessibility of chatting and voice messaging for various trading services. SWT is entirely free with no additional platform charges, promoting wider accessibility.
SWT integrates advanced Natural Language Processing (NLP) tools to interpret text and voice inputs, enabling customers to access detailed stock information, execute buy-sell transactions, receive StoxCalls recommendations, and even open Demat and Trading accounts directly via WhatsApp chat.
Yuvraj A. Thakker, Managing Director of StoxBox, expressed his enthusiasm for the new platform, stating, "StoxBox is thrilled to be at the forefront of innovation in the stock trading industry with the launch of SWT. This platform is a testimony to our commitment to providing cutting-edge solutions that enhance the trading experience for our customers. We are confident that SWT will set a new standard for convenience and accessibility in stock trading."
Most importantly, one can use SWT for checking scrip details, charts, financial information and many more in simple English and sometimes SWT also answers queries in Hindi and that too for free. But to access StoxCalls recommendations one has to subscribe at a nominal cost of Rs 499 per month. However, if one is not taking StoxCalls subscription then also they can trade at a nominal cost of Rs 10 per order on SWT platform once KYC is done and demat account is opened.
In addition to trading services, SWT offers a GUI experience for complex tasks and advanced orders through WhatsApp's 'Flows' feature. StoxBox's flagship product, StoxCalls, prioritizes research services over conventional brokerage charges, providing subscribers with trading recommendations and timely exit alerts. The recommendations are made by seasoned SEBI-registered research analysts, ensuring unbiased and thoroughly researched advice.
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