Leverate has released a tool that lets traders at brokers using its platform place orders through AI assistants such as ChatGPT and Claude. An order reaches the market only after the trader approves it inside the chat, the company said.
Called MCP for Traders, the tool connects an assistant to one live trading account. It follows the Model Context Protocol (MCP) server Leverate released in July, which pointed AI assistants at brokers' CRM and risk data and left trade execution alone.
Brokers and trading software vendors have spent 2026 opening client accounts to AI agents. An FM Intelligence study counted at least 10 firms that did so in the first half of the year, with Anthropic's Claude named in nine of them.
Leverate's version is a setting its broker and prop firm clients can switch on for their own traders. It ships turned off.
Brokers and Their Software Suppliers Open Accounts to AI
Spotware Systems opened cTrader to AI agents in May through two MCP servers that let outside tools place trades and manage positions by prompt.
MetaQuotes put native AI agents and MCP support into a MetaTrader 5 beta on July 16. Leverate said MT4 and MT5 versions of its own connector are to follow.
Among brokers, ThinkMarkets launched ChelseaAI in June, an MCP server that can execute orders but cannot reach client funds.
TradingView's new beta MCP server, which FinanceMagnates.com covered on Wednesday, has documented tools that stop short of broker balances, positions and orders.
Each Order Is Restated Before It Goes Through
To connect, a trader copies a prompt or configuration from the AI Connector section of the trading platform's settings into the assistant. Access covers that account only, through a token the trader controls.
Leverate said 15 tools sit behind the connection, 10 for reading account and market data and five for placing and managing orders.
Before anything is sent, the assistant repeats the instrument, direction, size, order type, price, stops and margin impact, then waits for a yes in the trader's own AI app.
The assistant is instructed to answer only about the connected account and the instruments offered by the trader's broker, and to turn down requests for advice, recommendations or predictions, according to the company.
Ran Strauss, Leverate's chief executive and co-founder, said most traders at brokers already use AI, and that the question was "whether they would use it on the broker's own platform or somewhere else entirely."
Brokers turn the feature on for each brand in the Leverate Broker Portal and can limit it by client group, trading terms, country or a manual allowlist.
Leverate said orders placed through an assistant are logged in its CRM with their own source flag, so risk and compliance staff can tell them apart from manual trades.
On prop accounts, assistant orders pass through the same risk engine as other orders and respect challenge rules and daily-loss limits.
Leverate took a similar approach last month, when it rebuilt chart trading so orders use brokers' existing routing and risk checks.
Retail Uptake Comes With Its Own Worries
Leverate pointed to an Investing.com poll published in April, in which 62% of 938 US investors said they had used AI tools to help with investment decisions. The same survey found 39% worried about incorrect or misleading recommendations.
Rules for such tools are still forming. Bank of England Deputy Governor Sarah Breeden said in June that human-in-the-loop checks are unrealistic at the speed of agentic trading.
Kill switches and circuit breakers are among the alternatives under consideration, as FinanceMagnates.com reported in a look at possible "know your agent" rules.
Leverate added a chat assistant to its trading platform in June, bundled with a back-office record of what clients searched for. It said it plans to publish usage figures from the first accounts connected to MCP for Traders in the coming months.
This article was written by Damian Chmiel at www.financemagnates.com.
Source: Finance Magnates
