Since its founding in 2010, ThinkMarkets has expanded to provide Forex & CFD trading services all over the world.
Exchange traded funds (ETFs) and Australian shares listed on the Chi-X and Australian Securities Exchange are available through the ThinkMarkets share trading account. You'll need to open a new CFD account in order to trade both CFDs and FX, however you may switch between the 2 accounts using the same login.
ThinkMarkets offers a simple and attractive mobile share trading app. Though rudimentary, it has conditional orders, watchlists, stock notifications, and portfolio management, among other features you seek for in a share trading software. The biggest drawback is that live pricing is not offered, not even for an additional fee.
For trades up to $200,000, ThinkMarkets costs $8 in brokerage; for trades beyond that, it charges 0.05%. They are especially competitive for those wishing to invest larger sums because to this cost structure.
The trading fees for ThinkMarkets is modest. There are no subscription or inactivity fees to use the share trading platform. Both topping up your account and transferring stocks to ThinkMarkets are free of charge.
For stocks, brokerage rates begin at $8. Importantly, ThinkMarkets has no any inactivity fees or monthly account fees if you don't execute any transactions within a predetermined time limit.
For beginning traders, ThinkMarkets offers a solid assortment of resources, including training and simple how-to manuals. Once you sign up, more in-depth instructional materials are made available.
The share trading account is the only way to access shares and exchange-traded funds (ETFs) that are listed on the ASX and Chi-X in Australia. There are no foreign shares, and option trading is not permitted.