Abstract：ThinkMarkets, an Australian retail FX and CFD broker, has acquired a CySEC-licensed business and its CIF license with it. Its ability to service EU clients from its Cyprus location is rapidly expanding. ThinkMarkets, like many other brokers, used to service EU clients via TF Global Markets (UK) Limited, which was situated in London and was authorised by the FCA. However, prior to "Hard Brexit," the firm needed to have a presence in the EU in order to service individuals who resided there. ThinkMarkets, like many other brokers, chose Cyprus.
ThinkMarkets, an Australian retail FX and CFD broker, has bought a CySEC-licensed firm and, with it, its CIF license. It is aggressively growing its capacity to serve EU customers from its Cyprus office.
Like many other brokers, ThinkMarkets used to serve EU customers through TF Global Markets (UK) Limited, which was based in London and was licensed by the FCA. But before “Hard Brexit,” the company had to set up shop in the EU so it could serve people who lived there. ThinkMarkets, like numerous other brokers, picked Cyprus.
ThinkMarkets bought A-Conversion Capital Ltd, which was licensed by CySEC, in 2019, but because of the COVID virus, the company didn't really get going in terms of hiring, onboarding, and customer service until early this year. TF Global Markets (Europe) Ltd has replaced A-Conversation Capital Ltd.
This year has seen a number of new recruits for ThinkMarkets' Cyprus branch in Limassol. Earlier this month, we were the first to reveal that Chantelle Lea, a marketing professional with years of experience in the FX business, had joined ThinkMarkets (from GMI) as Marketing Manager in Cyprus. Other recent Cyprus hiring includes:
ThinkForex was founded in 2010 in New Zealand by brothers Nauman and Faizan Anees. The firm relocated its headquarters to Australia after obtaining an ASIC license in 2012. In 2016, ThinkForex relaunched as ThinkMarkets. The firm has offices in Melbourne and London.
ThinkMarkets established TF Global Markets (UK) Limited, an FCA-licensed subsidiary, in 2015. The company also has licensed subsidiaries in South Africa, and Cyprus (TF Global Markets (Europe) Ltd), and has just opened a Japanese-licensed business. ThinkMarkets provides trading using the ThinkTrader platform, as well as MT4 and MT5.
ThinkMarkets is a multi-regulated broker that offers forex and CFD trading. Users may choose between MT4 and MT5, as well as the broker's ThinkTrader platform. This, along with the ThinkMarkets group's cheap trading costs and over 3500 products, makes the ThinkMarkets group an appealing option.
Our examination will include the login procedure, client portal features, and more.
When trading CFDs with this supplier, 71.89% of retail investor accounts lose money. You should think about whether you understand how CFDs operate and if you can afford to lose your money.
More of ThinkMarkets
CEO Nauman Anees launched ThinkMarkets in 2010. The group is part of Think Capital Limited, a Bermuda-based firm with offices in both Melbourne and London.
Since its start in 2010, the online broker has grown to serve 550,000 customers in 180 countries, including Indonesia, Egypt, the United Arab Emirates, and Bulgaria. In 2018, ThinkMarkets made headlines when it announced an initial public offering (IPO) on the ASX for £100 million. This allowed Australian investors to get involved in the growing financial technology industry.
The Australian Securities and Investments Commission (ASIC), the Financial Conduct Authority (FCA) in the UK, the Financial Services Conduct Authority (FSCA) in South Africa, and the Financial Services Authority (FSA) in Seychelles all oversee the broker.
The broker also has two more licenses from the Cyprus Securities and Exchange Commission (CySEC) in Europe and the Financial Services Agency (JFSA) in Japan.
Check out for more of ThinkkMarkets here: https://www.wikifx.com/en/dealer/0001423088.html
Keep an eye out for more Forex Broker news.
The British regulator FCA has issued an official warning against Solidusx on February 3rd!!!
MetaTrader is a popular forex trading platform that is widely used by traders in South Africa. It offers a range of features and tools that make it an attractive choice for both novice and experienced traders.
According to the report, MTFE held the Kerala India Cup of 2023 to pay tribute to Messi.
Forex trading can be a great way to make money, but it can also be a breeding ground for scams. In South Africa, as in other countries, there are a number of unscrupulous individuals and companies that try to take advantage of unsuspecting traders. However, there are steps that traders can take to protect themselves from these scams.