ThinkMarkets launches FMA-authorized FX and CFD brokerage in New Zealand
“We are delighted to expand into a brand-new regulated market in New Zealand. After our highly successful launch in Japan in 2022, ThinkMarkets remains committed to expanding its services to multiple regulated markets worldwide with our award-winning ThinkTrader trading platform.”
ThinkMarkets has expanded further across the Asia-Pacific region with the launch of its services in New Zealand, the FX and CFD brokerage announced.
The new entity, regulated by the New Zealand Financial Markets Authority (FMA), will allow NZ residents to trade over 4,000 financial instruments on the proprietary ThinkTrader platform, available on mobile, web, and desktop with both light and dark mode options.
New Zealand operation follows ThinkMarkets’ launch in Japan
ThinkMarkets now offers CFDs (Contracts for Difference) on forex, indices, commodities, equities, cryptocurrencies, and more to New Zealand residents.
The launch of the New Zealand-authorized operation is part of ThinkMarkets’ strategy for the Asia Pacific region, having launched in Japan in 2022.
Nauman Anees, CEO and co-founder, commented: “We are delighted to expand into a brand-new regulated market in New Zealand. After our highly successful launch in Japan in 2022, ThinkMarkets remains committed to expanding its services to multiple regulated markets worldwide with our award-winning ThinkTrader trading platform.”
The company has been highly active in enhancing its product and services over the last 12 months, most recently relaunching Traders Gym, a proprietary tool that enables clients to test their trading strategies on real life historical data within a simulated market environment, exclusively on the ThinkTrader platform.
ThinkMarkets regulated in the UK, Australia, New Zealand, South Africa, Japan, Europe
ThinkMarkets (formerly ThinkForex) is a multi-licensed online forex brokerage firm, also authorized and regulated by the UK Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC). The firm expanded its global footprint through its licensed South African firm. It also acquired the Japanese FX firm, Japan Affiliate, in a move that allows ThinkMarkets to offer its service in the Asian country. In addition, the company acquired a CySEC license to maintain access to the European market following Brexit.
ThinkMarkets made headlines last year when it raised $30 million in fresh capital, provided by Mars Growth, a Liquidity Group, and MUFG joint venture fund. Its UK business also launched a new prime brokerage unit under the brand Liquidity.net.
