We have an update for you today, from London-based Fintech firm Nous Global Markets, profiled here back in June. Nous have just released TIQL®, a completely new category of financial-market trading app available on PC, Android and iOS.
TIQL (pronounced “tickle”) is designed to be the world’s safest way to trade, thanks to a unique set of consumer-friendly features unavailable before today. The firm is so confident of its proposition that it is offering a “Uniquely Good Deal” guarantee to highlight TIQL®’s benefits and unique new approach to trading.
Nous® says that it built the app following the success of an earlier free-to-play virtual trading app it released in 2014. After amassing 400,000 players from over 200 countries, Nous® discovered that many of them were unable to exercise their new-found skills and passion on the real markets. Existing brokers and other service providers did not cater to the needs of people in developing countries, whom Nous® describes as the “emerging global middle class”.
After considerable R&D, in April this year TIQL® was awarded an OGRA licence to operate its unique new platform by the Isle of Man Gambling Supervision Commission, and has since been testing its services, culminating in today’s official release. Some of the consumer-friendly features that, in combination, are unique to TIQL® are:
- Open an account with as little as $5
- Invest from as little as $0.01 (1 cent) on each trade
- Free downside protection: impossible to lose more than was invested in a trade
- Receive up to 20x returns for correct predictions
There are several additional benefits that further differentiate the platform, such as no fees when starting a trade, no bid-offer spreads to reduce returns, and a unique visual interface. More details can be found at https://tiql.co/ and https://tiql.co/uniquelyGoodDeal.html
TIQL has received a wealth of positive feedback during the Beta phase and in the few months of invitation-only testing since obtaining its licence, TIQL® has already seen early customers wager nearly US $300,000. These customers come from countries around the world, but the EU and the US are currently excluded pending additional licences that Nous hopes to obtain over the next year. Customers are able to deposit using PayPal, Skrill or Neteller, with more options planned.
Nous is planning further expansion and plans to raise funds soon to accelerate TIQL’s impressive growth.
Founder & CEO, Justin Short, says
“After 14 years designing automated trading strategies for the world’s biggest investment banks, I saw an opportunity to reach an audience that had been ignored by the markets. Nous’ goal with the release of TIQL® is to provide a trusted, fair way for people to discover and capitalize on their talents – and have fun doing it!”