Get to Know Earnex: An AI-Powered Rebate Platform Reducing Trading Costs Automatically - Lanta News
National

Get to Know Earnex: An AI-Powered Rebate Platform Reducing Trading Costs Automatically

Get to Know Earnex: An AI-Powered Rebate Platform Reducing Trading Costs Automatically
In an era where artificial intelligence (AI) is driving every industry, the Thai financial sector is preparing for a major shift when Earnex, a new FinTech platform, launches an innovation in 'intelligent transaction cost management' that uses AI systems to calculate and automatically return fee differences (rebates) to users. This aims to elevate the efficiency and transparency of Thailand's trading ecosystem to international standards. Amidst volatile economic conditions, managing 'hidden costs' from fees or spreads has become a critical factor affecting retail traders' outcomes. Earnex has developed a solution by positioning itself as a 'smart intermediary' that seamlessly connects users and partner brokers. Earnex's key highlight is using AI technology to create transparency in all transactions, with a real-time rebate calculation and return system that is highly accurate and traceable, ensuring users can trust the correctness of their returned returns. This entire process has 'no impact' on the original trading conditions, spreads, or costs received from brokers. Earnex's CEO revealed their vision: 'We recognize that Thai traders have capabilities no less than those in the global market, but they bear unnecessarily high transaction costs, like starting a race with a disadvantage. Earnex comes to unlock these limitations. We want to transform excess costs into circulating cash flow, strengthening traders' investment portfolios, and most importantly, operating with the highest transparency, with technology that can trace every financial path.'