ThinkMarkets Introduces New Funding Options For MENA Clients

Contributor Image
Written By
Contributor Image
Written By
James Barra
James is an investment writer with a background in financial services. He has worked as a management consultant, where he delivered large-scale operational transformational programmes at some of Europe's biggest banks. James authors, edits and fact-checks content for a series of investing websites.

ThinkMarkets has added a selection of new payment methods for traders in the Middle East and North Africa (MENA).

This comes after it secured a license from the Dubai Financial Services Authority (DFSA) earlier in the year, enabling it to accept clients from the United Arab Emirates (UEA).

Key Takeaways

ThinkMarkets is one of several brokers expanding its presence in the Middle East, following the likes of Plus500 and M4Markets in obtaining a license from the DFSA.

ThinkMarkets has also set its sights on other popular trading jurisdictions, securing authorization from the Japan Financial Services Agency (JFSA) and New Zealand Financial Markets Authority (FMA).

Icons of new payment methods at ThinkMarkets UAE

About ThinkMarkets

ThinkMarkets is an established broker, operating since 2010 and active in over 180 countries.

It distinguishes itself with its ThinkTrader platform, which presents an alternative to the MetaTrader suite, though it also supports both MT4 and MT5. With charts powered by TradingView, ThinkTrader offers over 125 indicators, 50 drawing tools and 20 charting types.

Additionally, ThinkMarkets provides Standard (commission-free) and ThinkZero (raw spread) accounts, plus a Mini account, catering to different types of traders.

Founded in 2010, ThinkMarkets is a reputable CFD and forex broker with regulation from several top-tier bodies including the FCA and ASIC. The broker provides services to over 450,000 accounts from 11 global offices. Traders can use a bespoke platform, MT4 or MT5 to access a wide variety of assets including 3500+ stocks and ETFs, 46 forex pairs and over 20 cryptocurrencies.
71.89% of retail investor accounts lose money when trading CFDs with this provider.