ThinkMarkets Overview
| Website | thinkmarkets.com |
| Year Founded | 2010 |
| Countries of Registration | United Kingdom, Australia, Cyprus, South Africa, Seychelles, Cayman Islands, Japan |
| Website Languages | English, Spanish, German |
| Regulators | SFSA, FCA, ASIC, CySEC, FSCA, JFSA, CIMA |
| Broker Type | STP |
| Dealing | A-book |
| Minimum Deposit | $1 |
| Account Currencies | USD, EUR, GBP, AUD, CHF, JPY, NZD, SGD, CAD |
| Spread | low |
| Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView, ThinkTrader, ThinkCopy |
| Trading Assets | Currencies, Indices, Stocks, Cryptocurrencies, Metals, Energies, ETFs, Futures |
In a world where financial markets shift and flow like the tides, ThinkMarkets emerged, driven by a vision to empower traders from all walks of life. Since its inception, the company has embraced the core belief that trading should be accessible, straightforward, and equipped with the right tools. With a focus on delivering a seamless trading experience, ThinkMarkets offers a diverse array of instruments-from currencies and stocks to cryptocurrencies and commodities-tailored to meet the needs of both novice traders and seasoned market veterans. As a multi-regulated broker, ThinkMarkets provides a robust trading environment featuring platforms like MetaTrader 4, MetaTrader 5, and their proprietary ThinkTrader application. This flexibility allows traders to choose their preferred method of engagement, whether they're looking to execute swift trades or analyze market trends. Additionally, the option for commission-free accounts and innovative features like ThinkCopy ensure that every trader, whether cost-sensitive or seeking advanced strategies, finds a home here. With comprehensive multilingual support and modern funding options, ThinkMarkets stands ready to accompany its clients on their trading journeys, wherever they may lead.
Brief look at ThinkMarkets
ThinkMarkets is a multi-regulated broker founded in 2010 that offers 4,000+ CFD instruments across forex, indices, stocks, metals, energies, crypto and ETFs. Traders can choose between MT4/MT5 or the proprietary ThinkTrader platform, plus TradingView integration, with raw-spread ThinkZero accounts or commission-free Standard accounts.
Pros
- Multi-regulated (FCA, ASIC, FSCA, CySEC, FSA)
- Raw spreads from 0.0 on ThinkZero
- 4,000+ instruments; 3,500+ share CFDs and 300+ ETFs on MT5
- Copy trading via ThinkCopy; VPS; EAs/scalping allowed
- Signal Centre, Autochartist, Trading Central
- 24/7 multilingual support
- Modern funding incl. Apple Pay, Google Pay and crypto
Cons
- ThinkZero first deposit from $500
- Inactivity fee may apply after prolonged dormancy (entity-dependent)
- Global entity does not onboard residents from several jurisdictions
Is ThinkMarkets available in my country?
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ThinkMarkets doesn't accept clients from United States!
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ThinkMarkets Reviews
I've been using ThinkMarkets for a few months now and I'm really impressed with their platform. The demo account was easy to set up, and the trading conditions are excellent. I particularly like the low spreads and the variety of account types available. Signing up was a breeze!
8/15/2023ThinkMarkets has been a solid broker for my forex trading. The MT4 and MT5 platforms are user-friendly and the mobile app is convenient for trading on the go. The minimum deposit is reasonable, and I appreciate the various bonuses available for new traders.
9/10/2023While ThinkMarkets has some good features, I had some issues with the withdrawal time. It took longer than I expected. However, the trading conditions are fair, and I like the leverage options they provide. Overall, a decent broker but could improve on withdrawals.
9/25/2023I've enjoyed trading with ThinkMarkets. The spreads are competitive and I've had a good experience with the customer support. The login process is straightforward, and their educational resources have helped me enhance my trading skills. Definitely recommend this broker!
10/5/2023ThinkMarkets is a reliable broker for both beginners and experienced traders. I started with a demo account to practice and then moved to a live account. The sign-up process was quick, and I appreciate the clarity on account types and rebates. Overall, a solid choice for forex trading.
10/12/2023Leave a Review
Is ThinkMarkets regulated?
| Companies | TF Global Markets Int Limited, Think Capital Limited, TF Global Markets (UK) Limited, TF Global Markets (Aust) Pty Ltd, TF Global Markets (Europe) Ltd, TF Global Markets (South Africa) (Pty) Ltd, TF Global Markets Japan, TF Global Markets (International) Limited |
| Countries | United Kingdom, Australia, Cyprus, South Africa, Seychelles, Cayman Islands, Japan |
| Regulators | SFSA, FCA, ASIC, CySEC, FSCA, JFSA, CIMA |
| Investor Protection | UK Financial Services Compensation Scheme (FSCS); Cyprus Investor Compensation Fund (ICF) |
| Investor Protection Size | £85 000 / €20 000 |
| Publicly Traded | |
| Segregated Accounts | |
| Guaranteed Stop Loss | |
| Negative Balance Protection |
ThinkMarkets Account Types
| Property | Standard | ThinkZero |
|---|---|---|
| Min Deposit | $1 | $500 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 1.1 pips | 0.0 pips |
| Fee | No | $7 per 1 lot |
| Max Leverage | 1:500 | 1:500 |
| Stop Out | 50% | 50% |
| Margin Call | 100% | 100% |
Additional Features
- Demo Account
- VIP Account
- Swap-Free Account
- Copy Trading
- VPS
- PAMM/MAM Accounts
ThinkMarkets Funding and Fees
| Base currencies | USD, EUR, GBP, AUD, CHF, JPY, NZD, SGD, CAD |
| Deposit and withdrawal methods | Bank Wire, Credit/Debit Card, Skrill, Neteller, Perfect Money, Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Tron (TRX), XRP (XRP), Bitcoin Cash, Dash (DASH), Tether (USDT), USD Coin (USDC) |
| Inactivity fee | $/£/€30 per month after 90 days of inactivity |
| Interest on margin | |
| Withdrawal Fee |
ThinkMarkets Trading Platforms and Conditions
| Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView, ThinkTrader, ThinkCopy |
| Execution Speed | - ms |
| Scalping | |
| Expert Advisors (EAs) | |
| Depth of Market (DOM) | |
| Spread | low |
ThinkMarkets Trading Assets
| Currencies | 46 |
| Indices | 15 |
| Stocks | 3305 |
| Cryptocurrencies | 21 |
| Bonds | 0 |
| Metals | 10 |
| Energies | 3 |
| Soft Commodities | 3 |
| ETFs | 364 |
Education and Analytics
| Economic Calendar | |
| Indicators | |
| Robots | |
| Signals | |
| Autochartist | |
| Expert Analytics | |
| News Feed | |
| Education Articles | |
| Webinars | |
| Seminars |
ThinkMarkets Support
| support@thinkmarkets.com | |
| Phone | +442035142374 |
| YouTube | YouTube |
ThinkMarkets Alternatives
| Broker | ThinkMarkets | Pepperstone | IC Markets | XM | Eightcap | XTB |
|---|---|---|---|---|---|---|
| Type | STP | ECN, DMA | ECN, DMA | MM | ECN | MM |
| Minimum Deposit | $1 | $1 | $200 | $5 | $100 | $1 |
| Regulators | SFSA, FCA, ASIC, CySEC, FSCA, JFSA, CIMA | ASIC, SCB, CySEC, DFSA, BaFin, CMA, FCA | SFSA, ASIC, CySEC, CMA | BFSC, CySEC, ASIC, DFSA | ASIC, SCB, CySEC, FCA, SFSA | BFSC, KNF, AMF, ACPR, FCA, CNMV, DFSA, BaFin |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView, ThinkTrader, ThinkCopy | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView | xStation |
| Spread | low | low | low | low | low | average |
| Leverage | 1:500 | 1:500 | 1:500 | 1:1000 | 1:500 | 1:500 |
| Assets | Currencies, Indices, Stocks, Cryptocurrencies, Metals, Energies, ETFs, Futures | Currencies, Indices, Stocks, ETFs, Cryptocurrencies, Metals, Energies, Soft Commodities | Currencies, Indices, Stocks, ETFs, Bonds, Cryptocurrencies, Metals, Energies, Soft Commodities | Currencies, Indices, Stocks, Cryptocurrencies, Metals, Energies, Soft Commodities | Forex, Indices, Shares, Commodities, Cryptocurrencies | Currencies, Indices, Stocks, ETFs, Bonds, Metals, Energies, Soft Commodities, Cryptocurrencies |
Is ThinkMarkets Right for You?
ThinkMarkets stands out as a multi-regulated broker, offering traders access to a diverse range of over 4,000 CFD instruments across various asset classes, including forex, indices, stocks, and cryptocurrencies. The platform's competitive features, such as raw spreads from 0.0 on ThinkZero accounts and the integration of advanced trading tools like Trading Central and Autochartist, make it an attractive option for both novice and experienced traders. Additionally, the availability of modern funding methods, including cryptocurrencies and mobile payment options, enhances the overall trading experience. However, potential users should be aware of some drawbacks. The requirement for a minimum first deposit of $500 for the ThinkZero account may be a barrier for some traders, while an inactivity fee of $30 per month after 90 days could impact those who trade infrequently. Furthermore, ThinkMarkets does not onboard residents from several jurisdictions, which could limit accessibility for some potential clients. In conclusion, ThinkMarkets is highly recommended for traders seeking a robust, multi-regulated broker with extensive trading options and advanced tools, particularly those who are comfortable meeting the initial deposit requirement. Conversely, casual traders or those from restricted jurisdictions may want to consider alternative brokerages that offer lower entry barriers and broader access.
FAQ
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Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.
