Online broker expands to SA

Lynette Dicey

Thinkmarkets is also offering free webinars on trading, writes

uccessful investors and traders are usually those who have educated themselves about the market and how to take advantage of opportunities.

One company looking to help traders do this is Thinkmarkets.

This is a multiasset online brokerage with hubs in Asiapacific, Middle East, North Africa, Europe, South America and, now, Southern Africa. Internationally it provides quick and easy access to a range of markets including forex, CFDS (contracts for difference) on equities, cryptocurrencies,

SRidwaan Moolla … growth centre

commodities, indices, futures and more.

The firm says it offers some of the most well-known trading solutions including the industry standard Metatrader 4, the next-generation Metatrader 5 and a platform developed in-house called Thinktrader, which won a forex community award as best mobile platform in 2012.

Locally, it offers the full global product range and several SA products including currency pairs such as dollarrand, pound-rand and eurorand, as well as CFD indices and equity derivatives traded on the JSE.

As part of its efforts to ensure clients are constantly upskilling themselves, Thinkmarkets has been offering free high-level webinar education events to current clients and interested parties during May.

These free webinars will continue to be offered in June and July with four trading masterclasses facilitated by trading coach and market commentator Simon Brown.

The masterclasses focus on thought leadership, derivatives, how to improve a trading-win ratio and how to make the most of the Thinkmarkets trading platform.

“From a regional perspective we are confident SA is a future growth centre into Africa for Thinkmarkets,” says Ridwaan Moolla, the company’s regional director SA.

Adds CEO Faizan Anees: “The decision to extend Thinkmarkets’ global footprint to SA demonstrates the confidence we have in this region and is reflective of our longterm vision and plans to be a leading participant in the country’s growing financial services sector.”

Thinkmarkets says it has purchased insurance cover that provides investors with individual protection and compensation of up to $1m in the event of insolvency.

The firm is authorised and regulated by the Financial Sector Conduct Authority in SA and its equivalents in the UK and Australia.