ThinkMarkets takes over the popular mobile platform

British broker regulated by the FCA, ThinkMarkets, bought a majority stake in Riflexo JSC. It is a Bulgarian company that created a popular trading app for mobile devices in 2011 - Trade Interceptor. The transaction amount has not yet been disclosed.

What is Trade Interceptor

It is a tool that once revolutionized the market of mobile applications for trading and analysis. The platform was created at a time when traders were just starting to use smartphones in trade and was ahead of its competitors by a few steps. Thanks to this, it quickly gained popularity and is now using it over half a million users.

Access to real-time market news, user-friendly interface, trading from the chart level, support for many different brokers and, above all, a wide range of possibilities when analyzing charts. These are the elements that won the hearts of traders using the Trade Interceptor. It is still one of the fastest growing applications that operates in the zero-cost marketing model. Its widespread popularity provides functionality and a multitude of possibilities that it offers to its users. It was also the first application that allowed setting trade notifications on the server side. This meant that the application did not have to be left open all the time and extended the battery life of mobile devices.

Good ThinkMarkets movement

The acquisition of Riflexo can make traders who have used the services of others before brokerswill eventually be "redirected" to ThinkMarkets. It also shows the growing importance of mobile applications in investing, which are gaining in popularity every year. And it can be assumed that this trend will not only continue, but will also accelerate.

Nauman Anees, president and co-founder of ThinkMarkets said:

“We are investing heavily in mobile platforms in order to offer users the best experience related to trading via mobile devices. Our products are based on outstanding order execution combined with the advanced tools our clients need to create and use their investment strategies wherever they are. Investments include everything that will allow our clients to leave their home or office and not worry about lost opportunities because their application is supposed to allow them to react quickly to events. We want ThinkMarkets to be in the top ten Forex brokers online. This acquisition is a big part of this plan. "

Rodolfo Festa Bianchet, CEO Trade Interceptor, said:

“By integrating with one of the world's largest retail brokers Forex trading, we completely remove the need to close trading stations on our desks. The world is mobile, and investors should be too. Now traders can train, research, analyze and use one platform without losing functionality, giving them a level of freedom they didn't have before. "