The online trading service provider for forex, CFDs, and stocks, ThinkMarkets, has integrated the charting platform TradingView into its ThinkTrader website. This platform allows traders to expand their analytical scope and simultaneously track up to eight charts.
According to a statement published by the broker on its website, this enhancement brings broader market visibility, enabling users to concurrently monitor multiple assets or market movements. It features a customized view of market trends over different time intervals and the navigation of historical data.
Additionally, the addition of undo/redo buttons simplifies customization by allowing users to revert or reapply settings with a single click. Moreover, this integration reportedly allows users to optimize accessibility, ensuring a tailored trading environment that suits individual preferences.
ThinkMarkets' Strategic Advancements
In June, ThinkMarkets unveiled a copy trading platform accessible through its app. Dubbed ThinkCopy, this feature enables users to filter traders based on specific criteria, allocate funds, and leverage various management tools like profit and stop-loss orders. According to the company, ThinkCopy brings together a global community of traders to exchange insights.
Additionally, ThinkMarkets joined forces with Acuity Trading, a platform that leverages artificial intelligence for market analysis. This collaboration aims to integrate Acuity Trading's tools into ThinkMarkets' ecosystem to provide users with data-driven market insights.
Meanwhile, ThinkMarkets and FG Acquisition Corp., previously aligned for a business combination, recently terminated their agreement dated May 12, 2023. This decision marked a shift in direction for both entities, prompting ThinkMarkets to explore alternative opportunities for a qualifying acquisition before the mandated deadline.
ThinkMarkets' Expansion amid Challenges
In September, Finance Magnates reported that ThinkMarkets was grappling with regulatory hurdles in its pursuit of a public listing. The Canada-listed blank check company, FG Acquisition Corp., withdrew its preliminary prospectus, casting doubts on ThinkMarkets' anticipated stock market debut.
This development added to ThinkMarkets' history of challenges in achieving a public listing. Previous attempts, including a planned $300 million IPO in Australia in 2020, ended at the preliminary announcement stage.
