ThinkMarkets Gains Regulatory Approval from DFSA for UAE Expansion

ThinkMarkets, a multi-asset trading provider, has secured regulatory approval for a license from the Dubai Financial Services Authority (DFSA), marking an expansion of its presence in the Middle East and North Africa (MENA) region. This development allows ThinkMarkets to onboard clients in the United Arab Emirates and offer its trading platform, ThinkTrader, to a new client base.Trading Tools for UAE ClientsThe DFSA license permits ThinkMarkets to provide its clients in the UAE with access to a suite of advanced trading tools embedded within the ThinkTrader platform. These tools include the Signal Centre, TrendRisk Scanner, and Traders’ Gym, enhancing the trading experience for investors in the region.Commenting on the new DFSA licence, ThinkMarkets Co-CEO and Co-Founder, Faizan Anees said: "We are delighted to have obtained the DFSA licence. The UAE and wider MENA region is a high-growth market, and this new licence will now enable us to onboard new clients from this area in a regulated and secure way. At ThinkMarkets, we're always seeking ways to give our clients an exceptional trading experience with our proprietary platform ThinkTrader, thousands of trading instruments to choose from, and regulation, are fundamental parts to achieving this. Our new DFSA licence will help better serve our customer-base, while also helping extend ThinkMarkets' presence into new, strategic markets in the region."This regulatory milestone aligns with ThinkMarkets' broader global expansion strategy, as the company actively seeks to establish its presence in new markets worldwide. Beyond the MENA region, ThinkMarkets has recently acquired licenses in other key jurisdictions, including the Japan Financial Services Agency and the New Zealand Financial Markets Authority.We’re thrilled to announce that ThinkMarkets has acquired a regulatory licence from the Dubai Financial Services Authority (DFSA). This development further enhances ThinkMarkets’ reach and is another step towards our mission of global expansion. Find out more here:… pic.twitter.com/RoufYC5WBE— ThinkMarkets AU (@Thinkmarkets_AU) March 1, 2024Enhanced Market Analysis with TradingView IntegrationThinkMarkets has integrated TradingView into ThinkTrader, allowing users to track up to eight charts simultaneously for enhanced market analysis, as reported by Finance Magnates. The platform offers customized views of market trends and historical data navigation. New features include undo/redo buttons for easier customization. ThinkMarkets launches ThinkCopy, a copy trading platform, facilitating user filtering, fund allocation, and management tools. The company partners with Acuity Trading, aiming to integrate AI-driven market analysis tools into its ecosystem for data-driven insights. This article was written by Tareq Sikder at www.financemagnates.com.