TF Global Markets (UK) Ltd, the UK subsidiary of Australian retail forex broker ThinkMarkets, today reported its financial results for the year ending December 2015, revealing healthy revenues of £1.25 million ($1.62 million) and net profit of £136,000 ($177,000) for the year.
The latest figures come after the company’s first year of operation in the UK and soon after announcing a major rebranding project in which the firm changed its name from ThinkForex to ThinkMarkets, as revealed in Finance Magnate’s exclusive interview with CEO and co-founder of the company, Nauman Anees.
We are very pleased with the growth and developments taking place at ThinkMarkets.
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In tandem with the move, the company has launched its own proprietary trading platform called ThinkTrader to support multi-asset trading while keeping its MT4 offering for clients which are committed to the most-popular platform in FX.
Nauman Anees, Chief Executive Officer and Co-Founder at ThinkMarkets, told Finance Magnates, “We are very pleased with the growth and developments taking place at ThinkMarkets, since launching the UK entity in January 2015 our focus has been to provide our excellent products and services to the UK and European trading community.”
“In addition, the recent launch of our proprietary trading platform and company rebrand have outlined our focus which stands at; offering a multi-asset portfolio of financial instruments and staying ahead of the game with the latest technology. In the coming months you will see a range of tools, functions and key features on ThinkTrader that will really provide an advanced and sophisticated trading experience to users.”