ThinkMarkets Approval for DFSA License - Newly Obtained

ThinkMarkets Approval for DFSA License – Newly Obtained

ThinkMarkets has successfully obtained regulatory approval for a license from the Dubai Financial Services Authority (DFSA). This development opens up avenues for the company to extend its presence in the Middle East and North Africa (MENA) region, particularly in the United Arab Emirates (UAE).

The DFSA license grants ThinkMarkets the authority to onboard clients in the UAE and offer its cutting-edge trading platform, ThinkTrader, to a new and dynamic client base in the region. This license also enables ThinkMarkets to provide clients in the UAE with access to advanced trading tools embedded within the ThinkTrader platform, such as the Signal Centre, TrendRisk Scanner, and Traders’ Gym, thereby enhancing the overall trading experience for investors.

ThinkMarkets Approval for DFSA License

Expressing his enthusiasm about the newly acquired DFSA license, ThinkMarkets Co-CEO and Co-Founder Faizan Anees stated, “We are delighted to have obtained the DFSA license. The UAE and wider MENA region is a high-growth market, and this new license will now enable us to onboard new clients from this area in a regulated and secure way.”

Anees emphasized the company’s commitment to providing an exceptional trading experience, with ThinkTrader’s proprietary platform, a vast array of trading instruments, and adherence to regulatory standards being fundamental to achieving this goal. The DFSA license is a strategic step in better serving the customer base while extending ThinkMarkets’ presence into new markets in the region.

This regulatory milestone aligns seamlessly with ThinkMarkets’ broader global expansion strategy. The company has been actively pursuing licenses in key jurisdictions worldwide, with recent acquisitions from the Japan Financial Services Agency and the New Zealand Financial Markets Authority.

In tandem with this regulatory achievement, ThinkMarkets has integrated TradingView into its ThinkTrader platform. This integration allows users to track up to eight charts simultaneously, providing enhanced market analysis capabilities. The platform’s features include customized views of market trends, historical data navigation, and additional functionalities such as undo/redo buttons for easier customization.

Moreover, ThinkMarkets has unveiled ThinkCopy, a copy trading platform that facilitates user filtering, fund allocation, and management tools. The company has partnered with Acuity Trading, aiming to integrate AI-driven market analysis tools into its ecosystem for data-driven insights, further solidifying its position as an innovative force in the trading industry.

Also, stay updated with the Broker News.

Leave a comment