Broker ThinkMarkets announced that it has launched its own platform for copying trades, which is also available through a mobile app.
The ThinkCopy platform allows clients to select experienced traders according to certain criteria, allocate funds to their selected trades, and gain access to various management tools. The platform gives clients access to experienced users' trades and helps them open trades with automatic copying through a reliable mobile app.
In addition, the app gives users access to a global community of traders to share their views.
The launch of ThinkCopy comes as ThinkMarkets and FG Acquisition Corp., a Canadian special purpose acquisition company (SPAC), announced a business merger that will result in the broker becoming a public company. The listing is expected to take place in July 2023.
"Copy trading is very popular for clients just starting out on their trading journey," said Faizan Anees, co-founder and co-CEO of ThinkMarkets. "Clients will have the ability to see the performance of top traders, allocate funds, and set auto-copy trades," he noted.
ThinkCopy is the latest solution from the company after expanding its coverage to the Asia-Pacific region, launching a PAMM service, and adding a trader simulator to its award-winning trading platform.
ThinkMarkets is also working to improve its own web trading platform, ThinkTrader. In February, the broker announced an update that will allow traders to develop their strategies using a full economic calendar and contact client support directly.
The new solution with access to MetaTrader 4 and 5 trading platforms is aimed at improving the security of clients while waiting for a quote.
We also wrote earlier that ThinkMarkets has partnered with Acuity Trading to provide its clients with access to new market analysis tools.
ThinkMarkets was established in 2010 and has since been offering Forex and CFD trading services all over the world. ThinkMarkets is duly licensed by the FCA in the UK, ASIC in Australia, CySEC in Cyprus, JFSA in Japan, FSCA in South Africa, and FSA in the Seychelles.
