Eightcap and Swiset: Revolutionizing Trading in Latin America with Automated Competitions | Success Story 2024

Last updated: February 10, 2024

🎯 Executive Summary

In just 7 days, Eightcap successfully acquired 429 highly qualified traders in Latin America through an innovative automated trading competition strategy. Discover how this strategic collaboration with Swiset transformed their presence in the Latin American market.

📊 Key Highlights

New traders in 7 days

In latam countries

Growth in the market

Complete automation of the onboarding process

Significant ROI in lead acquisition

💡 The Challenge: Conquering the Latin American Market

The fintech sector in Latin America is experiencing unprecedented growth. Eightcap identified three critical challenges for expansion:

1. Market Penetration: Need to establish a solid presence in a market with 15% annual growth

2. Lead Quality: Search for traders with high conversion potential

3. Operational Efficiency: Requirement for a frictionless onboarding process

Geographic Expansion

• Argentina 🇦🇷
• Brazil 🇧🇷
• Colombia 🇨🇴
• Mexico 🇲🇽
• +12 additional countries

🚀 The Solution: Revolutionary Trading Competitions

Through seamless integration, Eightcap implemented trading competitions with Swiset. The process was fully automated:

1. Quick Integration: Swiset connected to Eightcap, obtaining credentials for account creation and queries

2. Custom Configuration: Competition rules, ranking type, and participation dynamics were established

3. E-Commerce Infrastructure: Swiset created a Woocommerce website for free or paid registrations

4. Total Automation: Traders automatically received their Eightcap credentials, platform access, and Swiset credentials

5. Frictionless Experience: Registration and participation were optimized for the best user experience

📈 Extraordinary Results

– Registration completion rate: 94%

– Average onboarding time: <3 minutes

– User satisfaction: 4.8/5

– Post-competition retention: 68%

💪 Competitive Advantages Achieved

• For Eightcap – Premium positioning in Latam – Qualified database – Reduced operational costs – Immediate scalability

🤝 Ready to Revolutionize Your Presence in Latin America?

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Discover how we can replicate this success for your broker. Our experts are ready to design your personalized expansion strategy.

🏆 About Swiset

Leading platform in gamified trading solutions for brokers. Specialists in strategic expansion in Latin America through cutting-edge technology and automated processes.