ThinkMarkets Review

Minimum Deposit: $1 VISIT BROKER
71.89% of retail investor accounts lose money when trading CFDs with this provider.

ThinkMarkets is a multi-national forex and CFDs broker with its headquarters in London and Melbourne. ThinkMarkets was established in 2010 and has offices in Asia-Pacific, the Middle East, North Africa, Europe, and South America. The broker is authorised and regulated by Top-tier government regulatory authorities, including FCA, CySEC, and ASIC.

ThinkMarkets offers over 1000 tradeable assets from various asset classes, including forex, CFDs, cryptocurrencies, shares, indices, ETFs, and commodities. The broker offers MT4, MT5, and ThinkTrader trading platforms on various environments and devices. ThinkMarkets has its servers in London and Hong Kong. Liquidity from top banks and dedicated servers helps traders execute trades with the lowest latency. Moreover, the broker offers VPS hosting and ZuluTrade for social trading, which is a big advantage for investors who want to invest in automated trading or copy other professional traders’ portfolios.

ThinkMarkets has a hefty collection of useful educational resources, including videos, trading courses, market analysis, and dedicated research tools such as Trading Central. In addition, the broker provides demo trading. The broker provides zero spread accounts and Islamic trading accounts to facilitate traders from all trading areas.  

8.7Expert Score
ThinkMarkets Rating

ThinkMarkets is a well-known and licenced online broker that prioritises client protection. They use cutting-edge trading technology and offer innovative trading platforms to clients all around the world. Account types are versatile, and traders may access a variety of trading instruments and training information.

Investment Products
8.5
Commissions and Fees
8
Platforms and Tools
9
Research and Education
9
Deposit and Withdrawal
9

ThinkMarkets Review

Pros and Cons

ThinkMarkets has over a decade of experience in facilitating online financial markets trading. The broker provides 1000s of trading instruments with the most popular trading platforms, including MT4 and MT5, and a proprietary trading platform ThinkTrader to facilitate trading on those instruments. In addition, ThinkMarkets provides meaningful educational and research resources, including trading courses, Trading Central, market analysis, videos, economic calendar, and Live webinars. Moreover, the broker provides demo trading. The broker also offers swap-free Islamic accounts for clients from the Islamic faith. Social trading with ZuluTrade is an exceptional advantage for investors, and VPS Hosting provided by the broker also helps traders automate their trading strategies 24/7. Plus, ThinkMarkets does not charge an inactivity fee. Multiple payment options facilitate free deposits and withdrawals (except for a few payment methods that incur a fee). ThinkMarkets offers crypto trading with crypto payment options as well. In addition, ThinkMarkets does not require any minimum deposit for opening an account. Lastly, the broker provides 24/7 super-friendly customer support.

On the other hand, ThinkMarkets or its parent company are not publicly traded companies. Therefore, they do not disclose their financial information in public. Plus, the broker does not have a licence to practice banking operations. In addition, the broker does not facilitate traders from a few countries, such as the US. Lastly, the broker does not provide fixed spread accounts.

Positives
  • Regulated by FCA, CySEC, and ASIC
  • MT4 & MT5 platforms
  • ThinkTrader
  • Competitive trading conditions
  • Tight spreads
  • Minimal commission fees
  • Zero minimum deposit
  • Over 1000 trading instruments
  • Multiple trading platforms
  • ZuluTrade
  • Demo accounts
  • Islamic accounts
  • Zero spread accounts
  • Market analysis
  • Live webinars
  • Free deposit and withdrawals
  • Crypto trading and crypto payment option
  • Tutorial videos
  • Trading Central
  • Autochartist
  • VPS hosting
  • Social trading
  • Educational materials
  • No inactivity fee
  • 24/7 client support
Negatives
  • US clients not accepted
  • Not listed on a stock exchange
  • Financial information not public
  • No banking licence
  • The minimum withdrawable amount is high ($100) for wire transfers
  • $25 withdrawal fee for using wire transfers
  • No fixed spread accounts

ThinkMarkets Review

Investment Products

ThinkMarkets offers 1000+ trading instruments from multiple markets such as forex, CFDs, shares, commodities, cryptocurrencies, and indices. However, it would be nice if ThinkMarkets expanded its product portfolio to other asset classes such as options and bonds. It’s worth mentioning that ThinkMarkets offers commission-free CFDs trading as well. 

ThinkMarkets Instruments Summary

InstrumentsThinkMarkets
Forex
Stocks
Indices
Commodities
Cryptos
Optionsx
Bondsx
ETFs
CFDs
ThinkMarkets Instruments

ThinkMarkets Review

Commission and Fees

Commission and Spread Fees

ThinkMarkets offers competitive trading costs in terms of commission fees and spreads. Traders have the option to bear tight spreads without paying any commission fees with a standard account. In addition, traders can also choose the ThinkZero account for trading with zero pip while bearing a commission fee of $7 per standard lot per round. Here is the summary of trading costs at ThinkMarkets.

FeeStandard AccountThinkZero Account
Commission (per standard lot per side)$0$3.5
Spreads from0.40.0
ThinkMarkets Fees

Deposit and Withdrawal Fees

ThinkMarkets does not charge a deposit fee while utilising any payment method, but the broker charges a $25 commission fee for withdrawing via wire transfers.

Inactivity Fees

ThinkMarkets does not incur any inactivity fees.

ThinkMarkets Review

Platforms and Tools

ThinkMarkets offers a variety of powerful and sophisticated trading platforms, including MetaTrader platforms and ThinkTrader trading platforms, to meet the needs of various traders. Desktop, online, and mobile platforms are all available. Mobile platforms are beneficial if you need to access your trading account while on the go. In addition, the broker provides useful trading tools such as VPS service to automate trading strategies. Moreover, social trading with ZuluTrade comes in handy for investors keen to invest in possibly profitable portfolios. 

Let’s go through each trading platform and tool briefly.

MetaTrader 4 (MT4)

ThinkMarkets provides the massively popular MetaTrader 4 (MT4) trading platform, which is well recognised throughout the industry for its user-friendly interface, short learning curve, and several built-in trading tools.

Technical indicators for chart analysis, trading strategy templates, a completely customizable interface and charts, numerous time frames, automated trading solutions (expert advisers), and a big online community are among the many features of MT4. It is accessible through desktop (Windows/Mac), online, and mobile (iPhone/iPad/Android/Tablet). MetaTrader 4 has established itself as the top forex and CFD trading platform, allowing traders to tailor their trading experience in order to get a technical advantage.

Many brokers provide MT4 to their clients, but the services they provide, such as tools and indications, are where traders must exercise caution.

The MetaTrader 4 desktop app elevates trading to new heights. The downloadable version of MT4 is the most powerful version yet, and it is available for both Windows and Mac.

With every feature at your disposal, the desktop app provides you with unparalleled access to all the tools and information you need to execute your trading strategies and stay up to date on every market event. Trading Central, a global leader in financial research, is available to all MT4 account holders for free. MT4 has a plethora of features and tools, including Robots, and we’ve created super simple guides to help you get the most out of the platform. MT4 was originally designed for Windows, but it is now truly cross-platform. It is compatible with both mobile devices and Mac computers. MetaTrader 4 is now available through a web browser, which is compatible with all major operating systems and eliminates the need for downloads.

Start trading in seconds from any web browser, no matter where you are in the world. The ThinkZero account features ultra-thin spreads as low as 0 pips. Standard spreads during regular market hours. Download MetaTrader 4 for your mobile device to enjoy full trading functionality similar to that of your desktop, including the ability to view charts and review account history, place new trades, and close open positions, multilingual support, lightning-fast trade execution, and much more. Stay on top of your trading and the markets at all times and from any location.

ThinkMarkets MT4 Trading Platforms
ThinkMarkets MT4 Trading Platforms

Here are the features of MT4:

  • Three chart types and nine timeframes
  • Market watch with live quotes
  • Four types of pending orders
  • Market order
  • Risk management with stop loss and take profit
  • Alerts
  • Strategy tester
  • Automated trading with Expert Advisors (EAs)
  • 30 technical indicators
  • One-click trading feature
  • 20 analytical objects
  • Community chat
  • MetaQuotes marketplace
  • User-friendly and stable interface
  • Available for desktop, mobile devices, and popular web browsers
  • Market depth
  • MQL4 Editor
  • Trading Central
  • News
  • Account history

MetaTrader 5 (MT5)

ThinkMarkets offers the MetaTrader 5 (MT5) platform, which is identical to its predecessor but has more features and functionality. The MT5 interface has a similar style, but it includes many more periods, services, and benefits. Building on the industry’s gold standard MT4, MetaTrader 5 is Metaquotes’ latest platform aimed at traders looking for cutting-edge features. The platform also includes 21 timeframes, 6 pending order types, hedging and netting options, and a multi-thread strategy tester for EAs. Trading on MT5 with a ThinkZero account gives you access to razor-thin forex spreads beginning at 0 pips.

ThinkMarkets MT5 Trading Platform
ThinkMarkets MT5 Trading Platform

Here are the features of MT5:

  • Three chart types and twenty one timeframes
  • Market watch with live quotes
  • Six types of pending orders
  • Markets executions
  • Hundred charts open in one window
  • MQL5 Editor
  • Risk management
  • One-click trading from charts
  • Alerts
  • Strategy tester
  • Automated trading with Expert Advisors (EAs)
  • 35 technical indicators
  • 45 analytical objects
  • MetaQuotes Community chat
  • Marketplace to purchase and sell custom scripts and signals
  • User-friendly, stable interface with advanced options
  • Trading Central
  • Available for desktop, mobile devices, and popular web browsers
  • Market depth
  • News
  • Trading History
  • Level 2 depth of market

ThinkTrader

ThinkMarkets also provides their award-winning ThinkTrader platform for desktop, mobile, and tablet. ThinkTrader has over 80 indicators, 50 drawing tools, 14 chart formats, and a 4-window split-screen view to watch different markets at the same time. You will receive 200 free cloud-based notifications (based on price action/indicators) and may use the TrendRisk Scanner to analyse markets for high probability trades, as well as stop loss and take profit price ideas. There is also a real-time news feed to keep you up to date on the newest market developments.

ThinkTrader Platforms
ThinkTrader Platforms

Keep up to date with real-time market news flashes from a reputable international news organisation. With the daily, weekly, and monthly reports, you can see your trade history at a glance, or you may choose a timeframe of your own. With the unique quad display, you may gain a macro edge and watch four real-time charts on your mobile device. On your smartphone, you may use a comprehensive technical analysis toolbox to analyse trends and discover trade opportunities. You may rely on technology to finish all agreements in a certain asset quickly and easily in order to receive the most advantage. This cutting-edge technology ensures that you get the market information you need, when you need it, without having to log in to your account. The cutting-edge TrendRisk Scanner will explore numerous assets and use risk management to give you real-time trading chances. Drag and drag an area on any chart to see how many pips or points it equates to in real-time.

VPS Hosting

Operations on VPS hosting have grown in popularity among traders who demand complete control over their trading. VPS hosting enables you to continue trading on your computer even when the power goes out, the internet goes down, or your machine unexpectedly shuts down. You just connect to a remote terminal whose server is located near servers and conduct all of your trading from any computer (Windows, Mac OS, Linux) without installing any software. ThinkMarkets teamed with ForexVPS, one of the most dependable VPS providers in the industry, to guarantee that the traders receive reliable execution without having to worry about technical issues. This free service is available to all traders who trade at least 15 round turn lots on Forex in a calendar month.

ThinkMarkets VPS
ThinkMarkets VPS

ZuluTrade

With ZuluTrade, you may copy trades and share trading activities, ideas, and news with other traders in real-time. You get access to an expert Traders Board as a ThinkMarkets account holder with ZuluTrade, which evaluates them based on their performance as well as input from their followers.

You may completely configure your copying strategy on the ZuluTrade platform, including lot size, number of traders, trading hours, and risk management. Forget about market analysis. ZuluTrade carefully screens each trader, employing powerful algorithms and a specialised Trading Desk so that the investor may benefit. Every month, a performance fee of 25% is levied on the profits made by each trading system. The advantage is that your objectives are completely aligned with the trader’s goals, and the cost for the copy trade service is clear. Traders are only rewarded if you make money.

ZuluTrade also charges a monthly subscription fee of $30. Customers of ZuluTrade will be charged directly by ZuluTrade through credit card, PayPal, or other means. The ZuluTrade mobile app for both Android and iOS allows you to access the markets and manage your copy trading account from anywhere, at any time, without having to watch the markets 24 hours a day. It is important to note that ZuluTrade is a separate legal business that acts as a Service Provider for ThinkMarkets and is not linked with ThinkMarkets. There are no guarantee on results. Historical performance is not an indication of future results.

ZuluTrade
ZuluTrade

ThinkMarkets Platforms Summary

PlatformThinkMarkets
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTraderx
Proprietary
Desktop
Web
Mobile
Social Trading
Other
ThinkMarkets Platforms

ThinkMarkets Review

Research and Education

ThinkMarkets offers a variety of instructional materials for traders of various levels of expertise. They may be used to improve your trading knowledge and abilities. There are three trading courses available for beginners, intermediates, and experienced traders, covering all areas of trading such as trade placement, technical analysis, and much more. Trading guidelines for all levels of traders are available for download, and they cover a wide range of topics ranging from technical analysis to market psychology and more. To assist you in comprehending some of the most prevalent trading terminologies, the ThinkMarkets website contains a dictionary of trading words and meanings.

ThinkMarkets Education
ThinkMarkets Education

Trading Central

Trading Central’s set of tools for better trading is available through ThinkMarkets. Trading Central is a market leader in providing practical trading ideas. Their product portfolio includes technical, fundamental, and value-based data. These insights can aid today’s traders by supporting them in creating trade ideas, verifying trading choices, and risk management.

Trading Central
Trading Central

Trading Central’s technical techniques and professional data encompass Forex, precious metals, commodities, and indices from market-leading sources such as Bloomberg, Thomson Reuters, and Dow Jones, as well as key trading platforms.

AutoChartist

ThinkMarkets offers Autochartist, a strong pattern identification programme that may augment your technical analysis activity for quick and effective market analysis across various instruments. Autochartist can notify you when fresh possible trading opportunities are discovered and may be configured to search based on your own trading approach. The PowerStats function can help you evaluate a position’s risk and discover appropriate stop loss and take profit levels.

Autochartist
AutoChartist

Video Tutorials

ThinkMarkets provides video tutorials for account opening, trading platforms, and educational guides.

Market Analysis

ThinkMarkets has a team of professionals that provide the most recent market news, daily insights, and analysis. They provide in-depth technical and fundamental analysis for a variety of markets and trading instruments.

Live Webinars

You may sign up for live interactive webinars hosted by ThinkMarkets’ in-house market specialists on a regular basis. These webinars may be an excellent method to learn more about trading and remain current on the essential trading issues. ThinkMarkets’ YouTube channel features many of their most popular webinars, which may be seen at your leisure 24 hours a day, seven days a week, without the need to sign up or subscribe.

Economic Calendar

The economic calendar offers past performance and future predictions of macroeconomic events for nations all around the world.

Technical Analysis

In this section, ThinkMatkets provides guides for technical analysis.

ThinkMarkets Research and Education Summary

ResourcesThinkMarkets
Market Analysis
Guides
Videos
Webinars
Autochartist
Trading Central
Economic Calendar
Other
ThinkMarkets Resources

ThinkMarkets Review

Deposit and Withdrawal

ThinkMarkets offers and accepts payments through bank transfers, debit/credit cards, electronic payment services, and cryptocurrencies.

ThinkMarkets Funding Summary

Payment MethodDepositWithdrawal
Wire Transfer
Credit/debit Card
Electronic Wallets
Cryptos
ThinkMarkets Funding Options

ThinkMarkets Review

Regulation and Safety

ThinkMarkets Group is a global financial services provider, and ThinkMarkets is a registered trademark of the group. TF Global Markets is regulated in the following jurisdictions:

  • TF Global Markets Int Limited: the Financial Services Authority (FSA), Seychelles
  • TF Global Markets (UK) Ltd: the Financial Conduct Authority (FCA)
  • TF Global Markets (Aust) Pty Ltd: Australian Financial Services Licence
  • TF Global Markets (Europe) Ltd: the Cyprus Securities and Exchange Commission

ThinkMarkets Regulation Summary

RegulatorThinkMarkets
ASIC (Australia)
IIROC (Canada)x
CySEC (Cyprus)
SFC (Hong Kong)x
JFSA (Japan)x
MAS (Singapore)x
FINMA (Switzerland)x
FCA (UK)
CFTC (USA)x
Other (FSA)
ThinkMarkets Regulators

ThinkMarkets Safety

In the unusual case of a default, ThinkMarkets provides private insurance covering client money up to $1,000,000 – a unique offering that gives investors more safety and reimbursement rights. This insurance is only accessible in specific areas. Therefore, please contact the Customer Support Team to find out whether you are qualified. ThinkMarkets adheres to the principles of transparency and defends the interests of its clients. Client money is separated in carefully selected top-tier institutions to increase security.

ThinkMarkets Review

Client Support

ThinkMarkets offers customer support via live chat, phone, and email 24/7.

ThinkMarkets Review

Conclusion

ThinkMarkets is a regulated worldwide online broker that places a high priority on customer protection. They combine cutting-edge online trading technology with powerful trading platforms and tools to help you with your day-to-day trading activity. There is no minimum investment necessary, and clients may enhance their trading abilities and expertise by using the instructional materials supplied. Furthermore, the broker offers a variety of trading products across several asset classes.

Everything that you find on InvestingBrokers.com is based on information and data that is readily available from each broker that we have reviewed. We combine our 15+ years of industry experience with research, analysis and user feedback. This enables us to give an impartial and reliable broker rating. You can read more about our broker review process here.

ThinkMarkets Review

FAQs

When was ThinkMarkets founded?

ThinkMarkets was founded in 2010.

Where is ThinkMarkets located?

ThinkMarkets’ headquarters are in London and Melbourne.

Is ThinkMarkets regulated?

ThinkMarkets is regulated by ASIC, FCA, CySEC, and FSA.

What trading instruments does ThinkMarkets offer?

ThinkMarkets offers 1000+ trading instruments in forex, CFDs, commodities, cryptocurrencies, shares, ETFs, and indices.

What is ThinkMarkets minimum deposit?

ThinkMarkets does not require a minimum deposit for opening an account.

What investing platforms does ThinkMarkets offer?

ThinkMarkets offers MT4, MT5, and ThinkTrader trading platforms.

What is ThinkMarkets commission fee?

ThinkMarkets offer minimal commission starting from $7 per standard lot traded.

Does ThinkMarkets charge an inactivity fee?

ThinkMarkets does not charge an inactivity fee.

What are ThinkMarkets spreads?

ThinkMarkets offers tight spreads starting from 0.4 pips.

What funding options does ThinkMarkets offer?

ThinkMarkets offers and accepts payments via wire transfers, debit/credit cards, e-wallets, and crypto.

Does ThinkMarkets offer demo trading?

Yes, ThinkMarkets offers demo trading.

Does ThinkMarkets offer Islamic accounts?

Yes, ThinkMarkets offers Islamic accounts.

How do I contact ThinkMarkets customer support?

You can contact ThinkMarkets’ customer support 24/7 via live chat, email, and phone.
ThinkMarkets Review
ThinkMarkets Review
Minimum Deposit: $1
Richard Montana

Richard Montana

Richard has spent many years researching, testing, comparing and reviewing brokers. He has an extensive knowledge when it comes to understanding what to look for in a broker for trading and investing online.

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