ThinkMarkets Releases Copy Trading App, ThinkCopy

The multi-asset online brokerage ThinkMarkets announced recently the introduction of its own copy trading platform, ThinkCopy, which will allow clients to access thousands of experienced traders, and set auto-copy orders.

This move comes after ThinkMarkets' entering a "proposed business combination transaction" with Canada-based special purpose acquisition company (SPAC) FG Acquisition Corp​, for the purpose of going public on the Toronto Stock Exchange. And the merged deal is expected to complete in July 2023.

According to the official press release, the new copy trading offering offers an easy-to-use interface with convenient features such as the ability to filter traders using specific criteria, allocate funds to chosen traders, as well as use risk management tools like take-profit and stop-loss orders. Besides, it provides clients with a global community of like-minded individuals to discuss trading strategies and receive market insights.

"Copy trading is very popular for clients just starting out on their trading journey. ThinkCopy provides the ability for clients to follow and copy experienced traders via our dedicated mobile app. Clients will have the ability to see the performance of top traders, allocate funds, and set auto-copy trades," stated ThinkMarkets co-CEO and co-founder, Faizan Anees.