Looking ahead, Mansour anticipates an increased reliance on AI-driven solutions in the industry. CFI plans to continue investing in research and development, enhancing its AI tools, and expanding into new markets. The company's long-term vision is to become a global leader in the online trading industry, offering unparalleled services and empowering individuals to achieve their financial goals. Mansour also shared advice for entrepreneurs, emphasizing the importance of embracing innovation, understanding local market dynamics, building strong networks, and prioritizing customer experience.
Key takeaways:
- CFI Financial Group, led by co-founder and Managing Director Hisham Mansour, has made significant strides in utilizing artificial intelligence (AI) in the field of online trading, including the introduction of AI tools for traders and the beta launch of their own AI trading assistant.
- Mansour likens the impact of AI on trading to the revolution the internet caused 30 years ago, and sees AI as the next trading revolution.
- CFI Financial Group has also expanded physically, opening five new entities in the MENA region in 2023, and has seen substantial growth in key metrics including a 73% increase in active clients and a 94% rise in daily transactions.
- Mansour's advice for entrepreneurs in 2024 includes embracing innovation and technology, understanding local market dynamics, building strong networks, being adaptable, investing in continuous learning, and prioritizing customer experience.