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ThinkMarkets Reviews Read Customer Service Reviews of www thinkmarkets com

Should you have any queries do not hesitate to contact our customer support team 24/5. To trade with ThinkMarkets, there is no minimum deposit requirement to open an account however clients will need to make a deposit of £/$500 to trade. When https://forexbroker-listing.com/ establishing a trading account, customers can deposit funds in base currencies including USD, CHF, EUR, AUD and GBP. Additional base currencies and deposit methods may be available depending on the client’s country / ThinkMarkets entity.

  • MoneySense is a digital magazine and financial media website, featuring content produced by journalists and qualified financial professionals.
  • The ThinkZero account is designed for traders who are more seasoned and who are a lot more active in trading.
  • I have seen problem in the data feeds and long wicked candles that don’t seen in other data source.
  • Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital.
  • Thus, ThinkInvest is the investment service that brings the ability to trade the financial markets by investing in the expertise of a Money Manager through PAMM and MAM accounts.

ThinkMarkets offers a demo account with $/£25,000 in practice cash. Users can refine strategies and test the MT4, MT5, and ThinkTrader platforms while getting familiar with the available instruments. The broker’s proprietary ThinkTrader platform is slick and intuitive. Users get over 125 indicators, 50 drawing tools, plus 20 different chart types. Clients also benefit from close to 200 free cloud-based notifications.


Customers of ThinkMarkets can choose between generous amounts of CFD instruments spread across 8 asset classes. CFD trading can be done on over 3,500 financial instruments including forex currency pairs, cryptocurrencies , indices and futures to metals, commodities and shares & ETFs. No dealing desk straight-through-processing ensures ThinkMarkets traders gain access to ultra-tight spreads in a range of asset classes. As ThinkMarkets send orders directly to external liquidity providers, with no dealing desk execution, there is no conflict of interest between ThinkMarkets and the broker’s liquidity sources. Seen as a hybrid of market makers and ECN brokers, customers trading with STP brokers experience less slippage than pure market maker brokers. In 2020, ThinkMarkets won ‘Best Value Broker in Asia’ at the 2020 Global Forex Awards and ‘Best CFD Provider at the City of London Wealth Management Awards in 2021.

think markets review

Here I can trade currency, stock, commodity and cryptocurrency. Most important thing is that here I can live chat 24/7 which is very rare in other brokers. We value transparency and openness in the way we review the partners.

Trading Hours

The Australian ASIC, UK FCA, and the South African FSCA provide regulatory oversight, but most international clients will trade with the unregulated Bermuda entity. ThinkMarkets does not offer a wide range of deposit and withdrawal options, but the choices will be sufficient for most traders. ThinkMarkets does not advise clients to share passwords or login details, they should be kept private and uncompromised at all times.

However it comes with over 80 intelligent indicators, 50 drawing tools and 14 chart types. It’s enhanced with intuitive interface and high quality navigation features. Think trade allows you to scan the markets and spot high probability trades with TrendRisk Scanner. You can equally thinkmarkets broker review download the app as fast as possible and experience fast result. Think trader is available on android, iOS, tablets and desktop devices. This means that for Australians with bank accounts denominated in AUD, conversion fees will not be applied for deposits and withdrawals.

Yes, ThinkMarkets is a legit and regulated broker in various jurisdictions. The broker is fully regulated by the Australian ASIC as well as authorized and regulated by the FCA of the UK. Throughout its constant development, ThinkMarkets has grown rapidly so that the broker has been recognized by industry publications and keeps on adding new awards to its lists. Since its launch in 2010, the company rapidly grew andtook the brand name ThinkMarkets while also improving client security under FCS and ASIC regulations.

think markets review

Our account was registered on March 26, 2022, and approved on March 29, 2022. Our overall experience of opening a new account with ThinkMarkets was smooth and quick. All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information. Yet, make sure to learn deeply how to use leverage smartly and not to fall under unpleasant circumstances and high risk. Besides, African region is covered as well, since ThinkMarkets acquired brokerage and is fully regulated by the local FSCA in South Africa.

What is the maximum leverage for ThinkMarkets?

Standard account – Average FX spread is 1.2 pips, no commission or minimum deposit, and maximum trade size is 50 lots. The Standard account has VPS access available via MT4 and MT5 but no access to an account manager. New traders can benefit from the educational content available at ThinkMarkets. While it lacks one uniform portal, the information published in numerous sections across the website are nothing but quality material.

think markets review

In any case, the “sell for spare parts” corporate manoeuvre shows just how far the company has fallen since both the halcyon days of the mid-2000s and the more recent meme-stock mania. Shopify (SHOP/TSX) shareholders were so happy that the company lost less money than expected that shares surged more than 23% on Thursday. Thank you for such positive feedback and for taking the time to give us your opinion. We are pleased to hear you’re satisfied with our support and service.

I joined ThinkMarkets on backdrop of rave reviews but have had bitterly disappointing experiences. We are sorry to hear about your negative experience when attempting to fund your trading account. Poor experience, deposits from 4 different banks blocked frustrating my attempts to trade successfully. Ran through all anti-fraud checks with the banks for one and an half hours and they confirmed it was not them blocking the deposits. Please feel free to contact them including my reference number.

Islamic account holders trading major forex pairs incur $5 financing fees, while a $10 fee is charged when trading minor forex pair. Nearly every trader on the planet owns a smartphone, but that doesn’t mean that every mobile trading app offers the same forex trading capabilities. A wide range of mobile trading apps are available across the globe – some of which are developed in-house by online brokers, while some are developed by third-party developers. ThinkMarkets has provided easy access to retail investors to access the markets at a lower cost with apps and platforms that are way to use. I regularly withdraw fund from ThinkMarkets and never faced any single problem.

Is ThinkMarkets legit and regulated?

ThinkMarkets Overall Ranking is 9 out of 10 based on our testingand compared to over 500 brokers, see Our Ranking below compared to other industry Leading Brokers. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. Thinkmarkets one of the best companies in the world with how they providing the services, how they are intelligent picking there employees. I have traded for over a year with them, all was good and profitable, spread is fine. But over 3 months everything went to hell, execution, slippage you name it. I am running the same strategy on another broker and it is fine.

Per the UK unit, data shows that 75.43% of retail traders lose money at ThinkMarkets. As a ThinkZero account holder, traders gain access to ultra-tight, ECN-style spreads while paying flat-rate commission fees on FX and metals. Unlike the broker’s standard account with no minimum deposit needed, ThinkZero account holders need to deposit at least $500 or £500 to trade. ThinkMarkets is regulated by the FCA, CySEC, FSCA, ASIC, JFSA and FSA with headquarters in London, Melbourne and Johannesburg.

ThinkMarkets also offers the MT5 trading platform, which is often referred to as the failed successor to the MT4. The out-of-the-box MT4/MT5 trading platforms receive two essential upgrades; the Autochartist plugin and Trading Central significantly improve the below-average core versions into cutting-edge solutions. Traders with a Standard Account may also use the proprietary ThinkTrader as an alternative for manual trading, which features a clean user-interface and real-time news from FX Wire Pro.

Equinix’s LD5 centre is located 11 miles from the centre of London and is where over 1000 exchanges, companies and liquidity providers operate. This data centre has an uptime record of 99.99% and offers some of the fastest available execution speed. As professional traders have a greater understanding of leveraged trading and access to greater capital, trading conditions set by the regulator are more relaxed for traders who qualify. The broker also provides access to more than 3,500 CFD shares and 352 ETFs to speculate on. You can start trading on the world’s biggest companies with a margin starting from 5% and the ability to go both long and short without actually owning the underlying physical stock. Using MetaTrader 5 gives you access to the full range of stocks, you can still use MT4 but only the major stocks for each market is available.

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