ThinkMarkets acquires Japan affiliate, enters Japanese FX market
Retail FX and CFDs broker ThinkMarkets has announced that the company has recently acquired a Japan affiliate, holding a Type 1 Financial Instruments Business Operator license from the Japanese Financial Services Agency (JFSA), Japan’s principal regulatory body, allowing the company to enter the FX market in Japan.
With this license, clients will have access to the company’s proprietary mobile-first trading platform ThinkTrader, launching soon in Japan.
Designed with the modern trader in mind, ThinkMarkets said that its next generation platform, ThinkTrader, offers powerful trading tools and unique functionalities, all accessible through desktop, mobile and tablet with a single login. Key features include: split- and quad-screen view, advanced charting with 50+ intelligent drawing tools and 80+ indicators to assist technical analysis.
“Tokyo is one of world’s largest foreign exchange trading hubs, so the expansion of our brokerage services offering with the addition of FX in Japan is an exciting milestone for us as we continue our global expansion,” said Nauman Anees, CEO of ThinkMarkets. “This announcement is also significant because it coincides with the opening of our Tokyo office.”
TF Global Markets Japan Ltd is the corporate name of ThinkMarkets’ Japan office, which is led by newly-appointed industry expert Koike Kazuhiro, who will head the company’s operations in Japan as chief executive. Kazuhiro was previously CEO of both IG Group Japan and CMC Markets Japan. His experience also includes past leadership positions with the Nasdaq Japan Exchange, Credit Suisse Group, as well as publicly traded Traders Securities.
“Adding Japan’s foreign exchange markets to our existing brokerage services will appeal to current forex traders, while our Tokyo office opening will allow us to better serve local customer needs,” said Kazuhiro. “We are looking forward to this new chapter in the company’s history.”
ThinkMarkets was originally established in 2010 as ThinkForex by brothers Nauman and Faizan Anees in New Zealand, and relocated its headquarters to Australia upon obtaining ASIC regulation in 2012. ThinkForex rebranded as ThinkMarkets in 2016. The company has dual headquarters in Melbourne and London, where ThinkMarkets set up its FCA-licensed subsidiary TF Global Markets (UK) Limited in 2015. The firm also has a licensed subsidiary in South Africa, established in 2019. ThinkMarkets offers trading on its proprietary ThinkTrader platform, as well as MT4 and MT5.