On Wednesday, ThinkMarkets announced its grand expansion into the Asia Pacific (APAC) region by establishing a new entity in New Zealand. New Zealand’s Financial Markets Authority (FMA) will regulate the new entity. Such an expansive move will have far-reaching implications for this multi-asset online broker based in Australia.
The Australia-based broker ThinkMarkets is taking its services to the Asia Pacific region with a new entity in New Zealand. This branch will be fully regulated and supervised by the FMA of New Zealand, which ensures all monetary regulations are met.
By launching its New Zealand entity, ThinkMarkets is now providing CFD services to Kiwi residents, allowing them to access over 4,000 financial instruments on global markets through their trading platform – ThinkTrader. Trade forex, a range of commodities and indices, and cryptocurrencies confidently by taking advantage of this great new offer!
ThinkMarkets Expands Brokerage Business
After launching its forex trading services in Japan over a year ago, ThinkMarkets announced its arrival in New Zealand. Their expansion was accelerated by the acquisition of Japanese forex firm Japan Affiliate and further solidified with the opening of an office in Tokyo – making them well-positioned for success.
After successfully launching ThinkMarkets in Japan in 2022, CEO and Co-Founder Nauman Anees confirmed that ThinkMarkets expanded to APAC with a New Zealand License. They commited to increasing access to their award-winning trading platform, ThinkTrader, across regulated markets globally.
To further its global expansion, the brokerage firm recently received a substantial $30 million investment from Mars Growth – a Liquidity Group joint venture fund and MUFG. It allows them to extend their reach across multiple in various jurisdictions worldwide.
ThinkMarkets in Africa
ThinkMarkets has already widened its international scope outside the APAC region, having secured a regulatory license in South Africa and announcing intentions to open an office in Johannesburg. In 2019, these plans were initiated and are currently ongoing.
Two years after its founding, the brokerage broadened its services to retail traders in South Africa by adding stocks and ETFs listed on the Johannesburg Stock Exchange. It gave clients in the country trading access to over 700 ETFs and company shares!
In the past few months, ThinkMarkets has put in a lot of work to enhance its platform. February saw the broker uplift ThinkTrader Web, its proprietary trading platform. Around that same time frame, they launched an advanced security feature focused on protecting their users from fraudulent telemarketing calls, which have become increasingly common for online traders.
