ThinkMarkets which was formerly known as ThinkForex is a forex broker licensed by the UK Financial Conduct Authority (FCA) and Australian Securities and Investments Commission (ASIC). The broker originated from Australia and has expanded its branches to the UK, Chile, and UAE. Originally it used to offer only a few FX pairs but today one can trade CFDs, precious metals, and energies. The maximum leverage when using this broker is 1:400 where they offer reduced spreads and better rebates. The company recently bought Trade Interceptor app which provides extensive education and daily market analysis on forex. This makes them the first broker to come up with their own platform where they will have the ability to provide customizable and tailored products for their customers.
ThinkMarkets released a statement that it will connect its trading platform to Trade Interceptor to offer its client the ability to place their orders on the same platform. ThinkMarkets was initially built in HTML5 based platform and a native mobile interface on Ios and Android. The effort comes amid where forex brokerages are evolving to multi-asset trading providers. Over recent years the trader’s demand has spread from forex to indices and commodities.
Trade Interceptor which can be found in Google Play Store is known to be a professional currency trading app that has advanced analysis indicators and analysis tools. It is free to use and has been downloaded up to 500,000 times. The forex industry honored the app with an award for offering the most advanced forex mobile technology and technical analysis features. The app allows one to make use of favorite indicators such as moving averages and ATRs. One can open multiple charts at the same time for those interested in multiple time frame analysis. Trade Interceptor is well integrated to allow traders to use both platforms interchangeably.
It provides over 60 Currencies, Gold, Oil, Silver, indices, real-time market news and streaming quotes. It offers exclusive trading features like cloud-based trade alarms which are a powerful trading simulator. In addition, one can create alerts from the economic calender, enjoy multiple chart layouts and templates, use proprietary indicators and an advanced charting tool. There are more than 80 technical analysis and over 40 graphical tools which can be found on the app. The traders using the app can trade live or demo account especially the beginners who want to familiarize with forex strategies.
Nauman Annes, the CEO and Co-founder of ThinkMarkets, said that Trade Interceptor will change the online trading platforms to world largest mobile-trading broker. He stressed that the company will invest heavily by offering customers with exceptional order execution products and run trading strategies in real time. Trade Interceptor CEO, Rodolfo Festa Bianchet said that their concern is to allow traders train, analyse, research and execute their trade from a single platform without losing their functionality. This will give them freedom to work from anywhere at any time.
ThinkMarkets is considered to be a friendly broker where one can open an individual, corporate and joint trading accounts. For standard accounts users, their minimum operating balance should be 250.