ThinkMarkets Review
Think Markets
ThinkMarkets is a well-regulated online Forex and CFDs broker that operates globally in multiple jurisdictions. Established in 2010 as ThinkForex, the company has since grown and expanded its services. It now offers CFD trading, acquired Trade Interceptor, and operates in various regions like Australia, the EU, Japan, and South Africa. ThinkMarkets is regulated by eight independent financial authorities, including ASIC (Australia), FCA (UK), CySEC (Cyprus), JFSA (Japan), FSCA (South Africa), CIMA (Cayman Islands), FSA (Seychelles), and FSC (Mauritius). With these robust regulations, ThinkMarkets has attracted over 450,000 clients, a notable achievement.
The broker provides excellent trading conditions, including tight spreads, fast execution, 24/7 client support, data security, and risk-free demo accounts. They offer access to a wide range of tradable instruments, with over 4,000 options in Forex, commodities, indices, cryptos, and stocks. The spreads can be as low as 0.4 pips.
ThinkMarkets is an official global partner of Liverpool Football Club, further enhancing the broker's reputation and legitimacy. Their client support is multilingual and available through various channels, such as live chat with popular messenger apps, email support, and hotline services.
To ensure the safety of client funds, ThinkMarkets employs segregated bank accounts, participates in an investor compensation fund for insolvency cases, and provides negative balance protection to prevent traders from losing more than their account balance.
ThinkMarkets offers several deposit methods, including wire transfers, bank cards, Neteller, Skrill, Perfect Money, and various popular cryptocurrencies.
Countries
Afghanistan, Albania, Algeria, Andorra +143 more
Regulations
ASIC, CIMA, CySEC, FCA UK +4 more
Account currencies
AUD, CHF, EUR, GBP +3 more
Assets
CFDs, CFDs on Stocks, Crypto CFDs, Energies, Indices, Precious metals
Platforms
MT4, MT5, Custom
Deposit methods
Bank Transfer, Credit Card, Crypto, Neteller, Skrill
Others
Segregated accounts, Copy trading, Demo account, Exotic Pairs, Expert Advisors, Fast withdrawals, Hedging allowed, High leverage, Lowest minimum deposit, Lowest spreads, Micro Lots, Negative balance protection, PAMM, Part of compensation scheme, Provides webinars and seminars, Signals, Swap-free
Promos
Free VPS
Visit brokerThinkMarkets provides two trading accounts designed to suit different trading styles and budgets: the Standard Account and the ThinkZero Account. These accounts offer varying conditions to accommodate both scalpers and day traders.
The Standard Account has no minimum deposit requirement and offers spreads on Forex pairs starting from 0.4 pips. Average FX spreads are around 1.2 pips, while meta CFDs have spreads starting from USD 0.20. Index CFDs have spreads from 0.4 pips and do not incur trading commissions.
The ThinkZero Account is aimed at traders seeking ultra-low spreads. It requires a minimum deposit of 500 USD and offers Forex major pairs with spreads as low as 0.0 pips. Average FX spreads start from 0.1 pips, metals from USD 0.08, and index CFDs from 0.4 pips. There is a trading commission of 3.5 USD per side per lot. The maximum leverage is capped at 1:500, but for certain jurisdictions like FCA and ASIC, regulatory restrictions limit the maximum leverage to 1:30. Both accounts come with free VPS service, but only ThinkZero Account holders have access to dedicated account managers. Additionally, both accounts can access free Signals Center services, provided the trading account holds at least 500 USD.
ThinkMarkets offers multiple trading platforms, including MT4, MT5, and ThinkTrader. These platforms are available across various devices, including desktop, web, and mobile. ThinkTrader, the broker's proprietary platform, offers over 4000 CFDs for trading and features advanced chart analysis capabilities similar to MT4 and MT5.
The broker also provides educational articles explaining trading concepts and offers trading strategies for beginners.
Overall, ThinkMarkets is an established broker under the strict supervision of reputable authorities. They offer competitive trading conditions and can be considered as a primary choice for Forex and CFDs trading. Spreads are tight, and commissions are in line with industry averages.
