This guide helps users compare and find the best AI investment platforms and apps in the UAE. AI trading software integrations are gaining popularity in the UAE, allowing traders to utilize machine learning, NLP, and other AI methodologies for automatizing trade and investment. However, with the variety of brokers in the UAE that offer AI tools, it can be hard to find the perfect platform for users’ individual needs.
To help traders make the ideal choice, the services of available providers have been assessed considering: the range of AI trading features, pricing, financial instruments, trading fees, and customer support.
This guide compares 5 providers for users to review and find the optimal broker for their needs. To help them make an informed decision, a list of the best AI investment platforms and apps in the UAE is shared below, followed by in-depth reviews and comparisons.
Top AI Investment Platform and App in UAE
- Trade Ideas – Best for Stocks
- TrendSpider – Best with Free Trial
- Vestinda – Best for Cryptocurrencies
- Magnifi – Best Mobile AI app
- Capitalize.ai – Best for Forex Trading
Best AI Investment Platform and App in UAE Reviewed
AI Investment platforms and apps are reviewed below:
Trade Ideas – Best for Stocks
Free Version: Yes, But Limited
Price: $84 – $167 mo
Desktop App: Yes
Mobile App: No
Trade Ideas is an AI-powered trading software and strategies provider founded in 2002 by David M Aferiat.
Trade Ideas AI platform comprehensively analyzes every stock and ETF traded globally, providing customers with valuable insights.
The company offers 3 pricing plans, available in yearly and monthly variants, starting at $118/month. Additionally, new users can try out the T1 Dashboard for free, providing a 15-minute delayed data flow, flexible chart timeframes, pre-market and after-hours data, and customizable layouts.
Paid Trade Ideas features include customizable chart indicators, 500+ data-appointed alerts and filters, unlimited personal watchlists, an extensive kit of chart drawing tools, and more. Additionally, users can opt for the optional T1 Swing Pickets for $17/month, which provides them with 5 new trade ideas per email every Sunday.
One of the most significant features of the Trade Ideas AI-powered trading software and strategies platform is its real-time stock races, allowing users to compare multiple stocks’ performance visually. All AI-powered signals are based on past data simulated back testing.
The Trade Ideas customer support offers email (info@trade-ideas.com), phone from Monday to Friday 6.30 AM – 1.30 PM PDT, and live chat in English.
| Feature/Pricing Plan | Premium | Standard |
| Pricing | $228/monthly or $1,999 yearly | $118/monthly or $999 yearly |
| Entry and Exit Signal Suggestions | Yes | No |
| Real-Time Demo Trading | Yes | Yes |
| Access to Live Trading Room | Yes | Yes |
| Real-Time Streaming Trade Ideas | Yes | Yes |
| Multiple Charts Open Simultaneously | 20 | 10 |
| Access to Chart-Based Virtual Trade Assistant | Yes | Yes |
| Receive Price Alerts | Yes | Yes |
| Access to Channel Bar and Curated Workspaces | Yes | Yes |
| Access to A.I. Virtual Trading Analyst Holly | Yes | No |
| Access to Chart-Based A.I. Trade Assistance | Yes | No |
| Access to the Platform’s Risk Assessment Modules | Yes | No |
| The Option to Build and Backtest Trade Ideas | Yes | No |
| Access to Auto Trading Strategies | Yes | No |
Trade Ideas partnership with AlphaTrends allows users to automate their trading through trade setups using Anchored VWAP.
TradeIdeas Key AI Tradin Features are listed below.
- AI-Based Trading Software (Holly) – Holly is an AI-based trade automatization and portfolio rebalancing tool that relies on thousands of data points to define profitable trading strategies and execute trades in real-time.
- IA-Based Robo Advisors – users can access AI-based robo-advisors that use multiple trading algorithms, tested on millions of scenarios, to create subsets of potentially highly profitable trades.
- Brokerage Plus – Allows users to scan, identify, and create automated trading strategies. It is only available for Premium members.
- Demo Trading – Trade Ideas offers a demo account that allows users to test their trading strategies and familiarize themselves with the platform using virtual money. Additionally, advanced traders can backtest and finetune their strategies without any risking of capital loss.
- Trade Signals – Trade Ideas AI trading software (Holly) gives users trade entry signals with high profitability rates. It also provides exit signals that allow adequate risk management and intraday trade management.
- Advanced Trade Windows – Include Chart, Full Quote, Top List, Alert, and Compare Count windows.
- One-Click Trading – Allows direct-chart trading with a single mouse click.
- Market Explorer – Enables users to build high-performance stock scans using Alphatrends Anchored VWAP.
- Real-Time Stock Racing – Visualizes data in a clear and easy-to-understand way for all types of traders.
Pros
- Channel Bar, updated in real-time, providing info on cryptocurrencies and NFTs
- Idea Surfing feature, allowing users to find profitable stocks based on specific parameters
- Real-time Alert Streaming, get notified about stock and ETF price movements
- Connect with E-Trade, Interactive Brokers, or TD Ameritrade
Cons
- Most features come at additional costs
- Minimal free trading education offered
- No mobile app available
Key features
- Free live trading room access
- Browser and desktop-based trading available
- Autotrading capabilities
- Trade ideas for options and cryptocurrencies
- Simulated trading available to practice strategies
- Multiple AI trading tools available
2. TrendSpider – Best with Free Trial
Free Version: Free Trial
Price: $39 – $179 mo
Desktop App: No
Mobile App: Yes
TrendSpider is a technical analysis software and charting platform. It allows users to make more informed trading and investment decisions through advanced analytical tools. TrendSpider was founded in 2016.
Its available trading tools include candlestick pattern detection, trading strategy backtesting, detailed options flow analysis, watchlists, automated Fibonacci retracements, and more. Available pricing plans range from $24,96/month to $49,95/month and include backtest depth up to 7,000 candles, market volume scanners, and analyst ratings, among other features.
Users can activate 6 trading bots simultaneously, apply social marketing and dark pool volume monitoring, have access to their insider trading widget, unusual options flows, FINRA shorts volume, and more. Note that some features may only be available at additional monthly premiums.
TrendSpider provides real-time price data on US stocks and ETFs, pre-market and after-hours data, forex and currencies, digital crypto assets, and OTC/pink-sheet stocks. Additionally, users can access Benzinga Pro news and delayed CBOE index data.
TrendSpider customer support is available in English via email, social media channels like Facebook and X (formerly known as Twitter), live chat, and through an extensive network of FAQ pages. TrendSpider customer support usually replies within a few hours.
Pros
- 7-Day free trial period for new users
- AI-powered technical analysis
- Subscription-based pricing model
- Mobile app available for both Android and iOS devices
- Provides additional educational material for beginners and experienced traders
Cons
- Some charts take a long time to load (with multiple indicators)
- Customizing personal layout might be daunting for new users
Key features
- Hollow, Heikin Ashi, and Raindrop charting possibilities
- Detailed price-action data provided through volume-weighted average price data (VWAP)
- Automated trendline analysis
- Automated ‘’hot stocks’’ heatmap
- Multi Timeframe analysis capabilities
- Mobile apps for Android and iOS devices
3. Vestinda – Best for Cryptocurrencies
Free Version: Yes, But Limited
Price: $5 – $39 mo
Desktop App: No
Mobile App: No
Vestinda is a relatively new Romanian cryptocurrency investment platform founded in 2021. It connects investors, traders, and brokers and has so far facilitated over $10 million in transactions across hundreds of traders across the globe.
The Vestinda team has invested over 15,000 hours developing its advanced AI-driven trading infrastructure. Nowadays, users can connect multiple cryptocurrency exchange accounts to a single dashboard to track their digital asset trades more easily, copy trading strategies from seasoned cryptocurrency traders with a single mouse click, and start investing in cryptocurrency nearly instantly.
Apart from being a reliable cryptocurrency investment platform, Vestinda also puts a high emphasis on the safety of its users. For example, the platform has implemented a two-factor authentication and API whitelisting feature.
Pricing varies from $0 to $55/month, depending on the account plan chosen. Use the table below to compare the available pricing plans and features.
| Pricing Plan | Free | Explorer | Pro | Expert |
| Simultaneous Active Strategies | 1 Demo Strategy | 1 Active Strategy | 5 Active Strategies | 10 Active Strategies |
| Backtesting | 10 backtests/day | 20 backtests/day | 50 backtests/day | Unlimited |
| Live Trading | No | Yes | Yes | Yes |
| Advanced Indicators | No | No | No | Yes |
With the Vestinda Strategy Builder, users can test and automate trading ideas with a drag and drop system. They have access to 100+ technical indicators with no-code implementation. Several tick intervals, legged indicators, and formulas allow users to customize their automated trading strategies fully.
The Vestinda customer support is available in English via live chat, social media, and email. Users can access a detailed on-site Knowledge Base, which provides valuable answers and information to many questions.
Pros
- Beginner-friendly automated crypto investment platform
- Loads of customization features
- Extensive backtesting capabilities
- Strategy history available for mosts strategies
- Over 100+ built-in technical indicators
- Drag and drop strategy builder
Cons
- Most features require a paid subscription
- Minimal educational material available for beginner traders
- Lacks bulk backtesting capabilities
- Valuable insights from Discord channel are behind a paywall
Key features
- Integrate up to 5 crypto exchanges to your account (Binance, Kraken, Poloniex, KuCoin, and OKX)
- Replicate trading strategies from experienced traders and hedge funds
- Backtest trading strategies extensively
- No-code trading bot creation
- 2FA, data encryption, and API whitelisting possibilities
- No withdrawal permission needed (only read and trading)
4. Magnifi – Best Mobile AI App
Magnifi is an AI-based mobile app that allows users to find and invest in more than 15,000 stocks, ETFs, and mutual funds and benefit from a high-yield savings account offering over 5% APY, founded in 2018.
Magnifi provides guided goal planning investing tools, a commission-free brokerage platform, and 24/7 personal conversational assistance from $11/month when billed annually. Magnifi is downloadable on Android and iOS devices. Magnifi is owned by TIFIN, a wealth management investment company well-known among traders and investors for its other products, such as 55ip, TIFIN Wealth, Helix by HL, and Sage.
Magnifi allows linking external investing accounts from over 200 popular brokerages, such as Robinhood, TD Ameritrade, Charles Schwab, and more. Additional features include automated diversification tools, fee management, and long-term investment strategies.
This AI-based trading and investing app provides users with the ability to compare investments and conduct investment research through the use of conversational assistance and AI.
Magnifi customer support is available in English via email only (hello@magnifi.com or support@magnifi.com). Our financial experts couldn’t find any live chat features during their in-depth research.
Pros
- User-friendly design for both beginners and experts
- Free trial available for new users
- AI-driven research insights
- Built-in high-yield savings account
- The possibility to connect over 200 brokerage accounts
Cons
- Premium features require a monthly membership
- No advanced technical analysis tools or charting possibilities
- Doesn’t support options trading
- AI assistant can be rather basic
Key features
- AI-assisted self-directed trading and investing mobile app
- High-yield savings account
- Connect with more than 200 brokerage accounts (Robin Hood, E-Trade, and Charles Schwab)
- Daily ‘’health checks’’ about your trading and investing accounts
- The ability to run stress checks on your portfolio
- SIPC insured accounts up to $500,000 (of which $250,000 cash)
5. Capitalize.ai – Best for Forex Trading
Capitalise.ai is a text-based trading analysis and automation tool that allows users to easily create, test, and automate trading scenarios founded in 2015 by two fintech veterans. It features code-free trade automation tools, smart notifications, and research and analysis tools.
Capitalise.ai can be linked to external brokers, such as Interactive Brokers, Pepperstone, Eightcap, AvaTrade, and Forex.com. Traders can make more informed decisions by analyzing and backtesting dozens of simulated trading strategies.
Users can use smart notifications and the Strategy Library, notifying them in real time about profitable trading ideas and allowing them to use multiple trading strategies to maximize their profits. Capitalise.ai can be used directly in any browser or downloaded as a stand-alone Android or iOS app.
Additionally, users can automate any trading strategy code-free using the platform’s trading automation features. For instance, traders could set up Dollar Cost Averaging (DCA) bots, price alerts, Trailing Take Profit scripts, and more. Note that although these trading strategies can help traders make more informed trading decisions, they are not 100% accurate, and their usage can lead to losses.
Capitalise.ai’s customer service is available in English 24/7 via email (info@capitalise.ai). Alternatively, users can book a 1:1 session with one of Capitalise.ai’s trading automation experts to assist them with their needs, issues, or questions or visit the site’s extensive Resource Center to find answers to their questions or problems.
Pros
- Powerful trading strategy backtesting tool based on aggregated historical data sources
- The option to run strategies risk-free in simulation mode with real-time data
- Access to a wide range of custom indicators, including MACD Cross, ATR, Simple MA Cross Overs, and Reverse SRSI’s
- In-depth blog, covering trading strategies, the latest developments in AI trading, and general trading advice
- Smart notifications to notify traders of potential profitable trading strategies and opportunities
Cons
- Only text-based AI is used for trade strategy automation
- No live chat customer support available
- Only supports certain brokers, trading platforms, and exchanges
Key features
- Set dynamic entry prices, use smart notifications, and monitor for patterns
- Backtest simulated trading strategies across multiple brokerage accounts
- Detailed knowledge center, covering frequently asked questions and common issues
- Make use of advanced trading automation features, such as managing daily trades and building complex automated systems
- Completely free as long as the platform is used in conjunction with selected brokers
- Downloadable app for both Android and iOS devices
How To Choose The Best AI Investment Platform and App in UAE?
Criteria to consider for selecting the ideal AI Investment platform for trading in UAE are listed below.
To choose the best AI investment platform or app as a UAE-based trader or investor, you should take into consideration the regulation, fees, features, and user experience of your preferred broker or trading service. Below, our experts will highlight the most important aspects when choosing the right AI trading platform:
- Regulation and Compliance – Our experts advise only trading with licensed and regulated brokers that can offer services to UAE citizens. The DFSA regulates the Dubai and UAE financial markets.
- Fees and Costs – Traders and investors should always compare the fees and costs of available brokers and trading platforms as these reduce trading and investing profits made significantly.
- AI Algorithms and Tools – Our experts advise users to compare the quality of AI algorithms and tools offered by AI trading platforms and select those that include features like portfolio optimization, risk assessment, and automated trading opportunities.
- Customer Support – Test the quality of the customer service of an AI trading platform or broker before selection. Allowing users to gauge responsiveness in the case of a real issue.
- Compliance with Shariah Principles – Asses if an AI trading platform operates according to Sharia Law and offers Islamic investment and trading opportunities.
Top AI Investment Platforms Compared
Key features of the highest-rated AI investment platforms in UAE are compared in the table below.
| Trade Ideas | TrendSpider | Vestinda | Magnifi | Capitalize.ai | |
| Trading Instrument types | Stocks, ETFs | Stocks, ETFs, Forex, Options, Futures, Cryptos | Cryptos | Stocks, ETFs, Mutual Funds | Stocks, Forex, ETFs, Cryptos |
| Features | Market Scanner, Trade ideas, Alerts, Advanced charts | Advanced charting, Strategy development and testing, Market Scanner, Trading Alerts, Trade ideas, Trade execution | Portfolio Tracker, Backtesting, Paper Trading, Strategy builder, Trade execution | Portfolio Tracker, Market Sceanner, Trade Execution | Trade automation, Trade alerts, Trade execution |
| Free version | Yes, limited functionality | Free trial | Yes, limited functionality | No | Yes |
| Price | $84 – $167 mo | $39.$179 mo | $5 – $39 mo | $11 mo | Free, through brokers and exchanges |
| Desktop app | Yes | No | No | No | No |
| Mobile App | No | Yes | No | Yes | Yes |
| Web app | Yes | Yes | Yes | No | Yes |
| Open Account | Open Account | Open Account | Open Account | Open Account |
What Are AI Trading Platforms?
AI (Artificial Intelligence) trading platforms are tools that use modern machine learning and AI algorithms to provide users with automated investment advice and/or services. AI trading platforms help individuals, from beginner to expert traders, manage their trades and investment portfolios.
AI trading platforms provide users with the following perks and benefits:
- Automated Portfolio Management – AI trading platforms often automate portfolio management for their users. They include customizable investment goals, time horizons, and technical and fundamental analysis to compile a well-diversified investment portfolio.
- Risk Assessment and Management – AI trading platforms gauge users’ risk appetite through questionnaires and other parameters to determine which assets to allocate capital.
- Diversification and Rebalancing – AI trading platforms allow users to diversify their investments and trades across various financial instruments, including stocks, bonds, ETFs, real estate, mutual funds, and cryptocurrencies. Additionally, they enable users to automatically rebalance their portfolios according to their risk appetite and investment goals.
- Cost Efficiency – AI trading platforms often charge their users lower fees and commissions than traditional brokerage firms. The most significant reason for this is the automation of financial processes requiring a team.
- Accessibility and Transparency – AI trading platforms often require low minimum investment. Additionally, they can be transparent and provide users with detailed fee structures so that they know what they pay for.
- Performance Tracking – Most AI trading platforms allow users to track their portfolio’s performance in real-time through an intuitively designed user interface or investment app.
- AI-powered Investment Advice – AI trading platforms and apps rely on machine learning, historical data, and artificial intelligence to provide users with detailed insights and advice on current market trends.
- Customization – Although AI trading platforms and apps have modern and intuitively designed user interfaces, users often can modify and customize these, allowing for optimal trade and investment management.
- Risk Management – AI trading platforms and apps allow users to assess their risks constantly using various machine learning techniques and parameters.
- Tax Optimization – Some AI trading platforms and apps enable users to optimize their tax strategies, including features like tax-loss harvesting.
AI trading platforms and apps are a modern and cost-effective way for traders and investors to access investment advisory services that utilize machine learning and neural networks to allow them to make more informed trading and investment decisions. Additionally, AI trading platforms and apps can assist users in reaching their financial and savings goals through more effective money management.
Note that although AI trading platforms and apps offer state-of-the-art trade and automation investment services, they may not provide the personalized guidance and support needed or expected by some individuals.
Is AI Trading Reliable?
Although AI trading can provide traders with invaluable trade ideas, opportunities, and automation, it is only partially reliable. Traders should conduct due diligence on AI trading platforms and algorithms before signing up with providers.
Key aspects that need to be considered to determine the reliability of AI trading software are listed below.
- Training Data Used by the AI Software – The reliability of AI software depends on the data and strategy used to train the app.
- Complexity Of The Algorithm – The reliability and success of AI programs commonly depend on algorithms used to train the program. Users must understand how these work before using them.
- Risk Management – The reliability of AI apps also depends on their usage of risk management strategies to determine their profit potential.
- Backtesting of Strategies – Backtesting results of AI algorithms should be transparent and exposed to the user as they determine its reliability.
What Are The Pros And Cons of AI Trading Platforms and Apps
AI trading platforms and apps come with both advantages and disadvantages. In the section below, our experts will detail the pros and cons of AI trading platforms and apps.
Advantages of AI Trading Platforms and Apps:
- Cost-efficient – AI trading platforms and apps are often cheaper than traditional brokerage platforms and advisory services.
- Automation – AI trading platforms and apps allow traders and investors to automate their trading and investment decisions, saving them precious time and resources.
- Accessibility – AI trading platforms and apps often have lower minimum deposit and investment requirements than traditional brokers.
- AI-based Insights – Most AI trading platforms and apps offer machine learning-based advice that provides valuable insights to traders and investors.
- Monitoring and Rebalancing – Most AI trading platforms and apps allow users to rebalance and monitor their trading and investing portfolios automatically.
Disadvantages of AI Trading Platforms and Apps:
- Personalization Limitations – Most AI trading platforms and apps have limited personalization features, which may disadvantage certain traders and investors.
- Algorithm Risks – AI trading platforms and apps rely on comprehensive algorithms. If these algorithms fail to perform, users will suffer from this financially.
- Limited Human Advice and Support – AI trading platforms and apps rarely offer human advice in the form of robo-advisors. Instead, in most cases, the only human interaction possible is through the platform or app’s customer support.
- Technical Issues – Technical issues can cause AI trading platforms and apps to perform worse than usual or entirely freeze.
- Market Dependence – Like all other investments, AI trading platforms and apps are market-dependent and don’t guarantee profits.
Before using an AI trading platform or app, one should assess their financial needs, goals, and risk appetite. AI trading platforms and apps can be a cost-effective way to automate trading and investing, but they have advantages and disadvantages.
Conclusion
It requires time and effort to compare and evaluate the services of the various AI investment platforms in the UAE to find the ideal option. Users must evaluate relevant information to make the optimal choice for their needs.
This guide does the challenging work for users by comparing and evaluating the top choices for different types of traders and trading goals. The results of our analysis of the best AI investment platforms in the UAE are wrapped up in the table below.
| RANK | BROKER | BEST FOR | WEBSITE |
| #1 | Trade Ideas | Stocks | Official website |
| #2 | TrendSpider | Free Trial | Official website |
| #3 | Vestinda | Cryptocurrencies | Official website |
| #4 | Magnifi | Mobile AI app | Official website |
| #5 | Capitalize.ai | Forex Trading | Official website |
Giles Thomas is the CEO of Business24-7 and has considerable experience in the financial industry as Executive Director and Head of Asia for the Family Office Industry focused business FOE.Global. He is also a veteran internet marketer with 13 years of experience in SEO and digital asset M&A.