ThinkMarkets trading platform has raised $30 million investment from MUFG and Liquidity Group joint venture fund, the Mars Growth. It was completed using an artificial intelligence platform of the group called Liquidity Analytics.
The company, formerly ThinkForex, indicated in 2020 to be going public with an expected market capitalization between $300 million and $400 million.
ThinkMarkets CEO and co-founder Nauman Anees said the funds will help the company in expanding geographically and work in new product developments for the benefits of trading as well as wealth management requirements of customers.
He added further that the liquidity will help in the rapid scaling of their businesses and increase global trading.
Liquidity Group's CEO and co-founder Ron Daniel said it is pleasure working with the ThinkMarkets team and providing funding to the company. Lately, ThinkMarkets released a new brokerage unit named Liquidity.net and is equipped with mid-sized hedge funds.
Its B2B market has emerged at such a time when the professional and institutional traders are witnessing challenges in accessing the wholesale forex price that matches the community through a brokerage model.
Liquidity.net is regulated by the FCA and has its offices in both London and Dubai.
ThinkMarkets was founded in 2010 as a trading company and provides forex, financial spread betting and CFDs to both institutional and retail clients. It was formerly known as ThinkForex and mainly operates in London and has offices in Melbourne, Shanghai, Shenzhen and Dubai. It relocated to Melbourne in 2012 to improve the security of clients under the ASIC regulation. A year later it launched TFXVPS, a proprietary trading company. It opened London and Dubai offices in 2015.
The company rebranded itself in 2016 as the current name and thereafter launched Trade Interceptor platform. It launched Arabic and German websites in 2016.
The company simultaneously provides education materials and programs to help customers gain knowledge about financial products, trading and markets. The products offered by ThinkMarkets include forex, energy, indices, metals, futures, equities, ETFs and cryptocurrencies. It is regulated by the Financial Conduct Authority (FCA) in the UK and by the Financial Services Authority (ASIC) in Australia. Similarly, it is regulated by other regulatory authorities in other jurisdictions. It complies with anti-money laundering rules of the Financial Action Task Force (FATF) to prevent the laundering of money by organizations and individuals.
It offers one of the best trading platforms in the industry equipped with various tools and features to offer the best trading experience to clients.