ThinkMarkets has acquired Japan's forex company Japan Affiliate as the first step of expansion into the Japanese market.
ThinkMarkets broker has officially entered the Japanese market by launching its services in the country a year after acquiring forex company, Japan Affiliate. Along with the acquisition, ThinkMarkets also obtained a license to operate in Japan from the Japan Financial Services Agency (JFSA).
Clients to Enjoy Trading Services via ThinkTrader App
Japan is one of the markets with the largest retail forex trading volume. After being dominated by several local broker brands, now many international brokers have entered Japan, including ThinkMarkets which has opened an office in Tokyo.
Japanese clients can enjoy the services of this Australian broker through the ThinkTrader application. ThinkTrader apparently already has a user base in Japan, as many traders in the country use it for chart monitoring and analysis.
Nauman Anees, Co-Founder, and CEO of ThinkMarkets said ThinkTrader is a unique proposition for the Japanese market with a streamlined user interface, advanced charting capabilities, and extremely fast execution speed. Coupled with outstanding user support, ThinkTraders allows ThinkMarkets to scale our offerings to new markets quickly and efficiently.
ThinkMarkets Japan CEO, Koike Kazuhiro also expressed his pride in starting a business in the Japanese market, which is known for the strictest and best financial system in the world. ThinkMarkets' expansion into the Japanese market actually came after the company received $30 million in funding from Mars Growth, a joint venture between Liquidity Group and MUFG. This fund is planned to be used to develop businesses in several jurisdictions globally.