The past, present and future of trading

Trading has undergone huge changes since the early days of the industry, with the advent of digital tools revolutionising access to this world

 
 

Gone are the days when trading was exclusive to the richest of the rich, the likes of JP Morgan, George Soros and Warren Buffet. The internet has been the key factor in opening up the world of brokerage to a broader community. Before the dawn of the digital age, trades were made via telephone. An individual would wait for the newspaper to arrive to check the stock prices and then make a phone call. By then, the prices would have shifted, and there was no accurate way to tell whether your positions were making a profit.

Today, powerful online trading platforms have transformed this process almost beyond recognition. Now, anyone can open or close a trade anytime, anywhere, as long as they are connected to the internet. Traders can also closely monitor the live prices of instruments and can thus react in a timely manner to sudden price changes. Stock trading as we know it may have begun with the historic Buttonwood Agreement, created by New York City’s leading stockbrokers to set out the rules of trade in 1792, but we’ve come a very long way since then. With open access platforms such as ThinkTrader, trading is now, finally, available to all.

Global reach, local touch
Established in 2010 by brothers Nauman and Faizan Anees, ThinkMarkets is committed to revolutionising the trading world with cutting-edge technology, world-class service and industry-leading trading conditions. Our aim is to become the largest multi-asset trading and investing platform of choice across the globe. “Our focus has been to make trading accessible to anyone around the world,” says Nauman Anees, who co-founded the company with his brother after becoming intrigued by combining his technology background into the financial markets.

“The mission is to provide beginning-to-end trading solutions that offer a superior trading experience to all.” In our dedication to make trading more accessible, we have expanded our trading services to over 150 countries.

With headquarters in the US and Australia, we have set up regional offices and local hubs in Asia, the Middle East, Europe, and Japan to create a local presence and tailor our services to meet the needs of our clients. Traders, for example, can now fund their accounts using convenient payment solutions exclusive to their location and receive a tailored experience.

ThinkMarkets is currently regulated by nine leading global regulatory bodies including the Financial Conduct Authority (FCA) in the UK, Cyprus Securities and Exchange Commission (CySEC) in the Eurozone and the Australian Securities and Investments Commission (ASIC) in Australia.

In the last 12 months, we have also expanded our services geographically into Japan and New Zealand with authorisation from the Japanese Financial Services Agency (FSA) and the Financial Markets Authority (FMA) to offer CFD trading services in Japan and New Zealand, respectively.

Cutting-edge technology
In the past, trading was a pretty straightforward affair, the interaction between broker and client limited to an order to buy or sell certain instruments and an accompanying confirmation of whether the trade made a profit or a loss. In more recent times, however, brokers have turned trading into an interactive and immersive journey for their clients.

With trading platforms such as our proprietary ThinkTrader, an individual can fit the world of trading into the palm of their hand. They can browse market news, monitor live prices, analyse charts, execute trades, subscribe to Trading Signals and even back-test trading strategies in one powerful trading platform using our Traders Gym feature. Equipped with multiple innovative features, ThinkTrader is transforming trading.

Brokers have turned trading into an interactive and immersive journey for their clients

Whether you’re a beginner or experienced in this world, ThinkTrader can enhance your trading experience, letting you inside the market in a way that hasn’t been possible until now. Our proprietary platform enables manual traders all over the world to access over 4,000 financial instruments including FX, indices, commodities, stocks and more.

Individuals who are always on the go can trade using the mobile app. Downloaded over 550,000 times and awarded over 15,000 five-star reviews, it lets you monitor four charts in real time on one screen. Those who prefer to monitor even more charts might prefer the web or desktop versions of the platform. Either way, all platforms share a single login and consistent interface, making ThinkTrader one of the most convenient ways out there to manage your trading.

ThinkTrader has a wide array of technical analysis tools found inside our mobile platform that has our in house built charting library and platform that is designed to help traders build a data-driven trading strategy.

With 20 chart types, 120 technical indicators and 50 drawing tools to utilise, traders can customise their charts depending on their trading strategy including creating alerts. Traders’ Gym is ThinkTrader’s latest upgrade. This market simulator can be used for back-testing trading strategies using historical data, allowing traders to determine the accuracy of their tactics in a past timeframe of their choosing.

Available to use even during periods when markets such as forex, stocks and indices are closed, such as on the weekends, it’s a great way to hone your instincts, and also to experiment in a fun and totally risk-free way. Another way we look to minimise risk at ThinkMarkets is with TrendRisk, our automated scanning tool, exclusive to the ThinkTrader app, that continuously scans the markets to identify potential trades based on reward/risk ratio.

Knowledge, of course, is key when it comes to trading. That’s why, in addition to the learning opportunities available via Traders’ Gym, we provide a steady stream of news, insights and market updates through our website and platforms that help our traders to make well-informed trading decisions.

For traditional traders who prefer to use a more widely distributed platform designed for automated trading, ThinkMarkets offers access to MT4 and MT5. These highly customisable platforms pair well with ThinkMarkets’ excellent trading conditions of razor-thin spreads and lightning-fast execution, and is accessed via the ThinkPortal. Those wishing to try it for size can open a demo account for free, letting you test drive all the features with €25,000 of virtual funds at no risk.

It should come as no surprise that our relentless focus on providing a high-quality trading experience has been recognised at the World Finance Forex Awards. In 2022 ThinkMarkets was named Best Trading Platform, Best FX Mobile Trading App and Best Gold CFD Provider. These accolades are just the latest in a long line of international awards wins and nominations for both our platforms and outstanding customer service.

Looking forward
But while we have come a long way in 13 short years, the journey is really only just beginning. With co-founders and brothers Nauman and Faizan Anees steering the ship, the future is bright for ThinkMarkets. As traders themselves, the founders are aware that the world of trading is constantly changing and to remain competitive having state of the art technology coupled with a highly automated operation is they key to success. We will look to build on our proprietary ThinkTrader platform and enhance it with unique features designed to cater to traders of all types.

ThinkMarkets will soon be launching ThinkCopy, its own copy trading app. With ThinkCopy, new traders who are inexperienced in creating strategies can set auto-copy orders and duplicate the positions of more experienced traders. Available on both Google Play and Apple’s App Store, the platform is expected to resonate with individuals interested in trading but intimidated by the amount of knowledge required to be successful.

The team is also working on replacing ThinkInvest with its new PAMM offering, a programme which will allow investors to choose money managers to trade for them.

One of the biggest barriers to new traders is the inaccessibility of trading education. There are myriad articles and guides available online of course, but these types of educational materials are often not as beginner-friendly as they could be and are filled with technical jargon that even experienced traders can find difficult to understand.

In response to this challenge, ThinkMarkets has gathered a team of experienced traders and educators to share their knowledge with the rest of the world. With the Trading Academy, we aim to empower a new generation of traders to easily navigate the world of trading.

Anyone will be able to browse through our extensive library of trading guides in different formats. Our regional teams will also offer regular free webinars on trading and investing. Face-to-face seminars where attendees can freely interact with our market analysts for trading tips and know-how will be taking place more regularly too.

There is no telling what form trading will take years from now but one thing is for sure: ThinkMarkets will be part of the team pioneering its future.