ilmscore | Prediction Details
"Uh we were the first to democratize algo trading. We offered free trading APIs. So there was this growing community of traders in India that were uh hoping to automate their trades but they weren't getting access or the access was too expensive. So we democratized that we made it free and in 2 years it just exploded and a lot of fintex uh blew up using our APIs."
By Finance With Sharan | July 26, 2025 | Correct
From video
You Will Never Retire If You Don't Take RISK | Fyers CEO | 1% Club Show Ep 63 00:53:28 - 00:53:53
Interpreted Prediction
Fires democratized algo trading by offering free trading APIs, which fueled the growth of the trader community and fintech startups.
AI Evaluation Notes
The prediction stated that Fires democratized algo trading by offering free trading APIs, leading to growth in the trader community and fintech startups. While it is difficult to quantify 'democratization' and directly correlate Fires' APIs to the growth of all fintech startups, the availability of free trading APIs and a growing interest in algo trading in India aligns with the prediction, making it somewhat accurate.

Prediction Details

Topic
Democratizing Algo Trading

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.