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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks involved. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks involved.

DiscoverAI FAQs

What is DiscoverAI?

DiscoverAI is a sophisticated AI tool that provides insights into market dynamics and the potential ripple effects of investment ideas. By entering your market predictions, theories or topics, DiscoverAI suggests related markets and opportunities for you to explore further. This tool is designed to enhance your understanding of potential investment scenarios, allowing you to research these opportunities in-depth before making any investment decisions.

Accessing DiscoverAI

DiscoverAI is accessible on the desktop trading platform. You can start exploring potential markets by clicking the DiscoverAI icon located just below the search bar.

How DiscoverAI works

DiscoverAI analyses your market theories using a proprietary AI model developed by our partners at Telescope. This analysis includes exploring various market scenarios and trends to provide a list of potentially relevant markets offered by IG. These suggestions are intended as starting points for further research and are not direct investment recommendations or advice.

DiscoverAI example

Lets say you believe that renewable energy will continue to grow significantly over the next five years. You might write a prompt such as: “I believe renewable energy will dominate the energy sector in the next five years.”

The response might look something like this:

  • Renewable energy equipment manufacturers could see increased demand
  • Utility companies investing in renewables may experience growth
  • Fossil fuel-dependent sectors might face declining demand
  • Regions rich in renewable resources could see economic benefits
  • Technological advancements could accelerate the adoption of renewable energy

These outputs are designed to give you a broad understanding of the various effects that the growth of renewable energy could have on different sectors and economic regions, providing a basis for further exploration and investment considerations.

Capabilities and limitations

What kind of questions can DiscoverAI answer?

DiscoverAI is adept at generating insights based on broader market theories and trends. For example, it can provide information on sectors like electric vehicles or the cryptocurrency market based on your interests.

What should I be aware of when using DiscoverAI?

It’s important to understand that DiscoverAI does not provide general or personal financial advice or immediate trading recommendations. The tool generates suggestions based on AI-driven analysis, which should be independently verified for accuracy and relevance to your specific financial situation.

Understanding the risks

What are the risks associated with using DiscoverAI?

Trading and investing always involve risks, particularly with complex instruments like CFDs. While DiscoverAI helps to identify potential investment opportunities, it is crucial to conduct thorough research and consider seeking independent financial advice. The outputs from DiscoverAI are based on algorithmic interpretations and are not reviewed by humans, which means they should be used as a guide rather than a definitive investment directive.