Broker News

ThinkMarkets Expands to APAC with NZ License

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.

Related Post

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.

User Review
0 (0 votes)

Recent Posts

  • Commodity News

Oil Mixed as Traders Anticipate the US to Replenish Its SPR

On Thursday, oil prices were mixed amid speculation that the US would soon restock its…

2 days ago
  • Technology News

Microsoft Signs Deal to Power AI Ambitions with Renewables

Microsoft has inked a renewable energy deal with Brookfield Asset Management with hopes of powering…

2 days ago
  • Stock News

Asian Stocks Gain on Tech Surge Ahead of US Nonfarm Payrolls

Asian stocks traded higher on Friday, with the tech sector taking the lead following better-than-expected…

2 days ago
  • Technology News

Tesla Withdraws Next-Gen Gigacasting Manufacturing Process

Tesla has reportedly retreated from its ambitious plan for innovations in gigacasting its developing manufacturing…

3 days ago
  • Broker News

Dukascopy Sees Dip in 2023 Profits, Netting CHF 1.3 Million

Dukascopy Bank SA noted a net profit of CHF 1.3 million last year amidst market…

3 days ago
  • Commodity News

Cocoa Crashes as Traders Delay Purchases from West Africa

On Wednesday, cocoa prices plunged after a liquidity crunch forced traders and speculators to postpone…

3 days ago

This website uses cookies.