Guest Blog
lifestyle & added value services
Published
Share
Share on facebook
Share on twitter
Share on linkedin
Share on email

RevenYOU Guest Blog: The BOTS app – 18.000 customers in 4 weeks in the Netherlands. In July 18 more countries will follow

Trading with algorithms using an app. The startup BOTS by RevenYOU (based in Haarlem) has managed to attract 18,000 customers in the Netherlands in its first 4 weeks. Another 18 countries will follow in July. BOTS by RevenYOU defines trading with algorithms as the future: A better risk / profit ratio and fully automatic.

 

Algorithms and Trading

About 80% of all world trades run on algorithms and all professional trading houses work with it. However, asset managers and individuals do not. With the BOTS app this technique is now accessible to everyone. An important advantage of algorithms is that they only make mathematical (and no emotional) decisions. Based on very complex mathematical formulas, an algorithm “learns” to make increasingly better trading decisions.

BOTS does not make the algorithms itself. The app is a platform, such as Spotify. Instead of songs, super-smart “Albert Einsteins” can offer their algorithms on this platform. Only the algorithms that beat the market end up on the BOTS app. The Dutch startup designs all the technology itself, including the super-fast computer technology that is required to enable algorithms to make tens of thousands of decisions per second.

Trading pyramid

Currently, trading works based on the trading pyramid: The richest 3% of the world have access to algorithmic investing. For example, via the Renaissance fund from the US. They get a 30% return every year, but you must have millions to start. Then the “normal” people from the rich west follow: Access to investing via funds or self-investing, but without algorithms. At the bottom of the pyramid is the remaining 85% of the world’s population: No access to investment. 0% return.

Unfair, according to the founders of BOTS by RevenYOU. Trading must be accessible to everyone. And everyone should also have access to automated trading strategies. And now you can, with the BOTS app.

Saving your money? After 35 years, half is “gone” due to inflation

The impact on not being able to trade well, or not being able to trade at all, is immense. 0% interest, such as savings, means that every 35 years the savings are worth 50% less – halved by inflation. 8% already works wonders: Trading is already a serious second source of income besides working: A doubling every 9 years.

With the BOTS app, BOTS by RevenYOU wants to give everyone with a smartphone and 5 euros access to a second source of income. This makes everyone (regardless of your first source of income) richer. By applying the very smartest technology and the smartest ‘nerds’, the long-term return must beat all competitors, and certainly the returns that banks gives you on your savings.

The BOTS app itself is simple and easy for everyone to understand and use. The founders have used their own parents as a benchmark: If they understand the app, then the app is good.

Trading is for everyone

Everyone must be able to trade. And now you can too. With BOTS. Together we will make the world of investing fair and transparent. Are you interested, but your question has not been answered yet? Take a look at the FAQs on our site. Or contact us, we are happy to explain it to you personally.

The BOTS app is now live

Download the BOTS app on your mobile phone today! For Android click here, for Apple click here.

Risk-free trading does not exist. You can lose (part of) your investment.

 

Read more here

 

Share this Article
Share on facebook
Share on twitter
Share on linkedin
Share on email
Related Insights
Featured
Amsterdam Fintech Week
Take a look at our yearly fintech festival, Amsterdam FinTech Week. Go on the dedicated website to check out the 2021 wrap up!
AMLD5 Guide
A source for consulting PSD2 legislation coupled with commentary, tips & tricks, applicability, in collaboration with our member law firms.