ThinkMarkets review
ThinkMarkets is a Multi-Assets Trading Platform with over 4000+ Assets
ThinkMarkets is a multi asset platform with 4000+ tradable Assets. Assets available on ThinkMarkets include Forex, CFDs.
ThinkMarkets trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex, CFDs are considered financial assets.
Features of ThinkMarkets
- Virtual Portfolio, or what is commonly known as a Demo Account
- API Trading
- StopLoss
- TakeProfit Orders
- ThinkMarkets offers Advanced Financial Chart comparison tools
- ThinkMarkets offers Research-backed analysis on financial markets and investments from top analysts
- ThinkMarkets provide three trading platforms, available to use on multiple devices including Windows PC, Apple Mac computers, iOS devices like iPhones and iPads, Android devices and online through a Web Browser.
- ThinkMarkets offers a trading platform with tools for both New Traders and Seasoned Experts
- ThinkMarkets users benefit from using the ThinkMarkets platform in over 12 different languages
ThinkMarkets review
What you should know
ThinkMarkets offer two ways to trade: Forex, CFDs. The assets and products available to you on the ThinkMarkets trading platform depends on the region of the world, you are in and the ThinkMarkets entity you have an account.
With ThinkMarkets you will need a minimum deposit of $50. You can sign up for a demo account to acquaint yourself with ThinkMarkets platform.
ThinkMarkets are able to accommodate various levels of traders whether you are experienced or a beginner.
Are ThinkMarkets safe?
When considering ThinkMarkets for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as ThinkMarkets, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.
Established in 2010, and in operation for 14 years ThinkMarkets have a head office in London and Australia.
ThinkMarkets is regulated. This means ThinkMarkets are supervised by and is checked for conduct by the Financial Conduct Authority (FCA), Financial Sector Conduct Authority (FSCA), TF Global Markets Int Limited (Seychelles) (8424818-1), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, TFG (Payments) Limited (United Kingdom) (10537331), Think Capital Services UK Ltd (United Kingdom) (11054653), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272), TF Global Markets (AUST) Limited is the holder of Australian Financial Services License number 424700, TF Global Markets (South Africa)(Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835),TF Global Markets Int Limited Is authorised and regulated by the Financial Services Authority Seychelles Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272) regulatory bodies.
ThinkMarkets withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like ThinkMarkets are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. ThinkMarkets are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of ThinkMarkets and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. ThinkMarkets has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, ThinkMarkets will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like ThinkMarkets, you can enjoy peace of mind and focus on your trading activities. If ThinkMarkets violate any regulatory rules their regulated status could be stripped.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money
Is my money safe with ThinkMarkets?
All payments made to ThinkMarkets by traders are securely held in a segregated bank account.
ThinkMarkets uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.
What are Tier 1 banks and why should ThinkMarkets use them?
ThinkMarkets partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their ThinkMarkets clients' funds.
ThinkMarkets clients can have greater confidence in their financial security when working with a Tier 1 bank because ThinkMarkets are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.
What does it mean to have your funds in ThinkMarkets deposited in a Tier 1 bank?
Depositing funds with ThinkMarkets ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if ThinkMarkets were to go out of business unexpectedly.
Based on the information presented, it is safe to conclude that ThinkMarkets is a secure and safe platform.
Please be aware that trading in financial assets with ThinkMarkets carries a risk of loss. ThinkMarkets trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex, CFDs due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.
ThinkMarkets emphasizes this risk on its platform and provides clear risk warnings - CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. After answering some important questions about ThinkMarkets, let's closely examine its features.
To better understand the ThinkMarkets trading platform, you can create two separate accounts - one with real money and the other a ThinkMarkets demo account. A ThinkMarkets demo account provides a risk-free environment for experimenting with the ThinkMarkets platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in ThinkMarkets trading decisions.
Open a demo account Visit ThinkMarkets
Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
How ThinkMarkets as a Company Compare Against Other Brokers
Broker | ThinkMarkets | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Year Established | 2010 | 2007 | 2009 | 2007 |
Head Office | London and Australia | Australia | Belize | Cyprus, UK |
Regulation | Financial Conduct Authority (FCA), Financial Sector Conduct Authority (FSCA), TF Global Markets Int Limited (Seychelles) (8424818-1), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, TFG (Payments) Limited (United Kingdom) (10537331), Think Capital Services UK Ltd (United Kingdom) (11054653), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272), TF Global Markets (AUST) Limited is the holder of Australian Financial Services License number 424700, TF Global Markets (South Africa)(Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835),TF Global Markets Int Limited Is authorised and regulated by the Financial Services Authority Seychelles Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272) | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 |
Used By | 450,000+ ThinkMarkets users | 200,000+ IC Markets users | 730,000+ Roboforex users | 35,000,000+ eToro users |
Negative balance protection | Yes | Yes | Yes | Yes |
Guaranteed Stop Loss | Yes | No | No | No |
Learn More | Visit ThinkMarkets | Visit IC Markets | Visit Roboforex | Visit eToro |
Risk Warning | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. |
ThinkMarkets review
ThinkMarkets Pros and Cons
ThinkMarkets review
ThinkMarkets Regulation and Licensing in more detail
ThinkMarkets is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of ThinkMarkets going into insolvency. ThinkMarkets compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like ThinkMarkets to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for ThinkMarkets traders.
- Financial Conduct Authority (FCA)
- Financial Sector Conduct Authority (FSCA)
- TF Global Markets Int Limited (Seychelles) (8424818-1)
- TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628
- TFG (Payments) Limited (United Kingdom) (10537331)
- Think Capital Services UK Ltd (United Kingdom) (11054653)
- TF Global Markets (STL) Limited (Saint Lucia) (2023-00272)
- TF Global Markets (AUST) Limited is the holder of Australian Financial Services License number 424700
- TF Global Markets (South Africa)(Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835)
- TF Global Markets Int Limited Is authorised and regulated by the Financial Services Authority Seychelles Firm Reference Number SD060
- The Cyprus Securities and Exchange Commission (CySec)
- TF Global Markets (STL) Limited (Saint Lucia) (2023-00272)
ThinkMarkets is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the brokers' behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like ThinkMarkets you should be sure they're legitimate online agent.
Is ThinkMarkets Global?
Yes, ThinkMarkets is global as ThinkMarkets is available in over 165 countries.
ThinkMarkets is a global trading platform in the sense that it operates in 165 countries including nations in Asia, Oceania, and Europe. Major countries ThinkMarkets covers include the UK, Germany, Thailand, China and Australia. ThinkMarkets has a total of more than 450,000 users.
ThinkMarkets review
ThinkMarkets Awards
ThinkMarkets have won numerious industry awards over the 14 years they have been operating as a financial broker. We have listed the most notable awards and mentions for ThinkMarkets below.
- Best Global Mobile Platform 2023 - Global Forex Awards
- Best Customer Service 2023 - Global Forex Awards
- Best Global CFD Broker 2022
- Best Trading Platform
- Best Customer Service
- Most Transparent Broker
- Best Mobile Trading App
- Best Forex Broker Europe
- Best Forex Broker Middle East
- Best Forex Broker Asia
ThinkMarkets review
ThinkMarkets Fees Explained
- ThinkMarkets doesn't charge withdrawal fees.
- ThinkMarkets reserves the right to impose a fee for inactive accounts.
- ThinkMarkets doesn't charge deposit fees. A currency conversion fee may be applied as withdrawals and deposits from ThinkMarkets are conducted in USD. Any other currency will have to be converted to your local currency by your 3rd party payment provider.
ThinkMarkets Costs To Check
Modern brokers like ThinkMarkets provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, ThinkMarkets may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall ThinkMarkets trading profitability.
How ThinkMarkets Fees Compare Against Other Brokers
Broker | ThinkMarkets | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Min Deposit | 50 | 200 | 10 | 50 |
Withdrawal Fees | No | No | No | Yes |
Inactivity Fees | Yes | No | No | Yes |
Deposit Fees | No | No | No | No |
CFD Commission Fees | No | Yes | No | Yes |
ThinkMarkets Minimum Deposit
ThinkMarkets requires a minimum deposit of 50 GBP/USD/EUR when opening an ThinkMarkets trading account.
A minimum deposit is the minimum amount of money required by ThinkMarkets to open a new online brokerage account with them.
Don't be scared off by brokers like ThinkMarkets charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.
In the trading world, brokers like ThinkMarkets, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.
Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.
However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.
ThinkMarkets Withdrawal Fees
ThinkMarkets doesn't charge withdrawal fees.
ThinkMarkets Withdrawal rules may vary across different brokers when it comes to transferring funds from your ThinkMarkets or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with ThinkMarkets may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.
In addition, currency conversion fees may apply if the ThinkMarkets withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from ThinkMarkets. Researching and comparing ThinkMarkets withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing ThinkMarkets funds frequently or dealing with large sums of money. Awareness of these ThinkMarkets fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your ThinkMarkets funds.
For example, ThinkMarkets allows you to withdraw your funds to SWIFT, Bank Wire Transfer, VISA, MasterCard, Debit Cards, Credit Cards.
ThinkMarkets Inactivity Fees
ThinkMarkets reserves the right to impose a fee for inactive accounts.
When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by ThinkMarkets terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.
Make sure you're fully aware of all ThinkMarkets fees and services. It's recommended that you check the ThinkMarkets website before signing up. If you decide to close your ThinkMarkets account, it's important to do so with the ThinkMarkets broker customer support and obtain confirmation that no remaining ThinkMarkets fees are due.
Brokers like ThinkMarkets must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.
Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.
ThinkMarkets Deposit Fees
ThinkMarkets does not charge deposit fees. Although bank / 3rd party merchant fees may apply.
Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.
Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.
ThinkMarkets Commission Fees
ThinkMarkets does not charge commission on standard accounts. On ThinkZero accounts, $3.5 (£2.5 in the UK) commission per side (100,000) applies to FX and Metals only.
Brokerage firms like ThinkMarkets may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the ThinkMarkets trading account level held by the trader.
ThinkMarkets may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing ThinkMarkets terms and conditions to understand the commission fees and any other charges that may apply is essential.
ThinkMarkets review
What can you trade with ThinkMarkets?
It's essential to note that the trading instruments offered under the ThinkMarkets brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the ThinkMarkets trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.
You can trade a wide variety of instruments with ThinkMarkets over 4000 instruments in fact.
If you want to trade currency pairs on global Forex markets, ThinkMarkets offer over 40 currency pairs.
ThinkMarkets Compared To Other Brokers
Compare ThinkMarkets with IC Markets and Roboforex below.
How ThinkMarkets Trading Options Compare Against Other Brokers
Broker | ThinkMarkets | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Instruments Available | 4000 | 2250 | 12000 | 6000 |
Platforms | ThinkTrader, WebTrader, TradingView, TradingView, Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web |
FX / Currencies | ||||
Forex pairs offered | 40 | 61 | 35 | 50 |
Major Forex pairs | Yes | Yes | Yes | Yes |
Minor Forex pairs | Yes | Yes | Yes | Yes |
Exotic Forex pairs | Yes | Yes | Yes | Yes |
Cryptocurrencies (availability subject to regulation) | Yes | Yes | No | Yes |
Commodity CFDs | ||||
Commodities Offered | 10 | 20 | 21 | 31 |
Metals | Yes | Yes | Yes | Yes |
Energies | Yes | Yes | No | Yes |
Agricultural | Yes | Yes | No | Yes |
Indiced & Stock CFDs | ||||
Stocks Offered | 1500 | 2100 | 0 | 2042 |
UK Shares | Yes | Yes | Yes | Yes |
US Shares | Yes | Yes | Yes | Yes |
German Shares | Yes | Yes | Yes | Yes |
Japanese Shares | No | Yes | Yes | Yes |
Risk Warning |
Visit ThinkMarkets
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money |
Visit IC Markets
Losses can exceed deposits |
Visit Roboforex
Losses can exceed deposits |
Visit eToro
51% of retail investor accounts lose money when trading CFDs with this provider. |
ThinkMarkets review
Trading on ThinkMarkets web platforms and other applications
ThinkMarkets provides traders with a modern custom platform that can be accessed through a browser-based web application. If you would rather see a MT4 brokers, or MT5 brokers you can do so here.
A ThinkMarkets iOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device.
ThinkMarkets also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.
ThinkTrader is ThinkMarkets' proprietary platform with more than 500,000 users and is available as a download for desktop, mobile, or tablet. Additionally, it can be accessed directly through web browsers, offering a seamless trading experience across devices.
In addition to mobile and desktop versions, the MetaTrader 4 and MetaTrader 5 platforms are also available as web trading platforms, compatible with various browsers and operating systems.
See ThinkMarkets's platformsIs the ThinkMarkets Trading Platform Secure?
You should take the security of your personal information seriously and check SSL encryption is enabled on the ThinkMarkets trading platform to protect you on PC and mobile ThinkMarkets platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using ThinkMarkets web trading platforms.
ThinkMarkets Trading Platform Options
ThinkMarkets does not offer the MetaTrader 4 (MT4), MetaTrader 5 (MT5) or cTrader trading platforms.
ThinkMarkets offers its custom trading platform developed and tested in-house. The ThinkMarkets trading platform allows traders to track their portfolios and the current markets, locate trade ideas and place trades.
The ThinkMarkets platform allows traders to filter the financial marketplace for trade opportunities that match criteria.
With ThinkMarkets, you can examine opportunities with actionable research and stock evaluations. Get streaming real-time information on the ThinkMarkets platform, including news and quotes. Discover possible trades with the strong charting tools found with ThinkMarkets. ThinkMarkets is available as downloadable applications or online through the cloud. Monitor your orders with ThinkMarkets and receive breaking news in your positions.
ThinkMarkets review
ThinkMarkets ThinkTrader
ThinkTrader is ThinkMarkets' next-generation, mobile-first, multi-asset trading platform. ThinkTrader offers a powerful suite of technical analysis tools, featuring over 100 technical indicators and 50 drawing tools, enabling traders to analyze market trends from anywhere.
ThinkTrader provides in-built, real-time market news powered by FX Wire Pro, allowing traders to stay informed about volatile global financial markets.
With an intuitive, user-friendly interface, ThinkTrader enables traders to manage multiple financial assets seamlessly. The platform supports monitoring up to four charts simultaneously, ensuring comprehensive market oversight.
ThinkTrader features an advanced cloud-based alert system, allowing traders to configure up to 200 alerts to stay updated on critical trading events and price thresholds 24/7.
ThinkTrader TrendRisk Scanner
The TrendRisk Scanner is an innovative feature within ThinkTrader that scans financial markets to identify potential trading opportunities based on a risk-reward ratio, price, and timeframe. The scanner provides recommended target and stop-loss levels to help traders manage risks effectively, with options to configure automated take-profit and stop-loss orders.
ThinkMarkets Trading benefits
- ThinkMarkets Allows scalping
- ThinkMarkets Allows hedging
- ThinkMarkets Low min deposit
- ThinkMarkets Guaranteed stop loss
- ThinkMarkets Offers Negative Balance Protection
ThinkMarkets Trading Accounts Offered
Below we give an overview of the account types that ThinkMarkets offer. Whatever you are looking to trade, the varying ThinkMarkets account types will be able to provide you with what you need.
- ThinkMarkets Demo account
- ThinkMarkets ThinkZero account
- ThinkMarkets Joint account
- ThinkMarkets Standard account
- ThinkMarkets Islamic account
Can I try ThinkMarkets?
ThinkMarkets provides a demo account that enables individuals to explore trading before investing their funds. By creating a ThinkMarkets practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the ThinkMarkets demo account can help individuals to make informed decisions before investing their money.
Open a demo ThinkMarkets account to practice and trade.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money
ThinkMarkets withdrawal and funding methods
It's essential to remember that the payment methods provided by ThinkMarkets vary based on the ThinkMarkets entity and the ThinkMarkets client's country of residence. To view the ThinkMarkets payment options available, you can log into your ThinkMarkets member's area.
ThinkMarkets offers various funding payment methods listed in your ThinkMarkets dashboard if available in your region. To learn more about the ThinkMarkets funding and withdrawal options available in your area, you can explore the ThinkMarkets website.
ThinkMarkets provides several payment methods for funding your ThinkMarkets account. You may utilize any of these deposit options if they are available in your region. ThinkMarkets ensures that users have multiple payment methods to choose from, making it more convenient for verified ThinkMarkets account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the ThinkMarkets user's location. learn more about ThinkMarkets funding and withdrawal methods.ThinkMarkets Payment Methods
Some ThinkMarkets payment methods are local and are available only to specific regions. ThinkMarkets account holders should check which payment methods are provided in your region.- ThinkMarkets accepts SWIFT
- ThinkMarkets accepts Bank Wire Transfer
- ThinkMarkets accepts VISA
- ThinkMarkets accepts MasterCard
- ThinkMarkets accepts Debit Cards
- ThinkMarkets accepts Credit Cards
Broker | ThinkMarkets | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Bank transfer | Yes | Yes | Yes | Yes |
Credit Cards | Yes | Yes | No | Yes |
Paypal | No ( Yes in Australia ) | Yes | No ( Yes in Australia ) | Yes |
Skrill | No | Yes | Yes | Yes |
Payoneer | No | No | No | No |
Neteller | No | Yes | Yes | Yes |
*please note available ThinkMarkets and other broker payment methods depend on the clients country of residence.
How can I start trading with ThinkMarkets?
To open a trading account with ThinkMarkets, individuals can sign up on the ThinkMarkets website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.
The next step involves submitting identification documents for ThinkMarkets account validation and making a deposit. Once completed, ThinkMarkets users can download the trading platform of their choice.
It's important to note that ThinkMarkets requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps ThinkMarkets maintain a trustworthy financial environment for its 450,000 users. Detailed information on the ThinkMarkets trading platforms is available on their website.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money
Performing trades with ThinkMarkets
When using ThinkMarkets, the minimum trade size is typically 0.01 Lot units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. The maximum trade requirements on eToro can vary depending on the specific trader and instrument being traded.
ThinkMarkets, as a market maker, may have more lenient entry requirements than ECN brokers, who typically benefit from higher trading volumes and may have larger capital and minimum trade requirements. Market makers usually offer a lower minimum deposit and smaller minimum trade requirements and do not charge commissions on trades. Market makers like ThinkMarkets can be useful for traders starting or with limited capital.
One of the ThinkMarkets platforms notable features is its claim of having no requotes, which means traders need not be concerned about slippage when executing trades (i.e., trades being executed at a price different from the intended price). No requotes can provide ThinkMarkets traders with greater confidence and peace of mind when trading on the ThinkMarkets platform. It's worth noting, however, that other factors, such as market volatility and liquidity, can still affect the execution of ThinkMarkets trades.
Like other brokers, ThinkMarkets margin requirements can differ depending on the traded instrument.
ThinkMarkets offers traders several risk management tools and features, such as Technical analysis, Fundamental analysis, Diversification of portfolio, Negative Balance Protection, Stop losses, Position sizing techniques, Price alerts, Position sizing techniques, Limit orders, Hedging strategies, amonst others. You can learn more about ThinkMarkets, and see all of the ThinkMarkets account features on the official ThinkMarkets website.
CFD Trading on ThinkMarkets
We will show you an example of the basics of using ThinkMarkets leverage.
CFD trading on ThinkMarkets allows traders to speculate on the price movements of various financial instruments against the broker ThinkMarkets, without actually owning real assets. With CFDs, ThinkMarkets traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.
ThinkMarkets provides CFDs which are leveraged products. For this example, let's assume a ten times leverage. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position.
The effect of leverage on profits and losses magnifies them in both directions. In other words, ThinkMarkets leverage profits and losses are magnified when trading. For instance, using CFDs, you use the ThinkMarkets trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed.
On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, ThinkMarkets leverage magnifies both profits and losses in trading.
Trading CFD trades on the ThinkMarkets platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets.
Experienced ThinkMarkets traders can trade high risk CFD trades to hedge items in their portfolio.
Always be aware that CFDs are complex instruments with a high risk of losing money rapidly due to leverage. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money
Limiting Your Risk When Trading with ThinkMarkets Negative Balance Protection
Negative balance protection is important for traders using leverage on platforms like ThinkMarkets. In an unfavourable market move, leverage can result in a loss that exceeds the trader's account balance, leaving them with a negative account balance. If a ThinkMarkets trading position does not go in your favour, this is where negative balance protection comes in handy.
Brokers regulated by the Financial Conduct Authority (FCA) must offer negative balance protection as a standard feature. With negative balance protection, ThinkMarkets trading losses are always limited to the current balance of funds in the trader's account.
Even if an ThinkMarkets trader experiences a significant loss, they will never owe more money than what is available in their ThinkMarkets account balance.
It's important for ThinkMarkets traders to understand the potential risks of trading with leverage and to take advantage of features like negative balance protection to mitigate those risks. By doing so, traders can trade with peace of mind, knowing that ThinkMarkets losses are limited to the funds available in your ThinkMarkets account when negative balance protection is in place.
Negative Balance Protection is not offered to all clients. It depends on the ThinkMarkets entity and the client's country of residence.
Limit Risk When Trading with ThinkMarkets Stop Loss, ThinkMarkets Stop Limit Orders
Stop-loss orders are a popular risk management tool traders use on platforms such as ThinkMarkets . By setting a specific price point for buying or selling a security, traders can limit their potential losses on a position.
Stop-loss orders are especially important for ThinkMarkets traders not hedging their positions or using leverage, as they can be more vulnerable to significant losses. However, the circumstances in which an ThinkMarkets trader should use a stop-loss order can vary depending on the specific trade and market conditions.
Overall, stop-loss orders can provide ThinkMarkets traders with an effective way to manage risk and protect their investments in volatile markets. Stop Loss and Take Profit are not guaranteed with ThinkMarkets, you must actively monitor your live trading portfolio and financial exposure on ThinkMarkets.
Education Resources at ThinkMarkets
ThinkMarkets offer educational resources which include Trading Academy, Videos. Please bear in mind that these resources provided by ThinkMarkets do not guarantee any results when trading. When we checked on the ThinkMarkets website, these educational resources were not available in every language. Also some financial instruments mentioned in any ThinkMarkets educational resources may not be available in your region.
To trade effectively with ThinkMarkets, it's important to have a good understanding of the ThinkMarkets trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with ThinkMarkets and externally.
ThinkMarkets . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with ThinkMarkets. Familiarizing yourself with the ThinkMarkets trading platform is crucial to use it effectively.
While learning, you can also use global trading times to practice making live buy or sell trades using ThinkMarkets. This hands-on experience can help you gain confidence and become more comfortable with trading.
Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with ThinkMarkets involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.
Learning about the financial markets, trading platforms like ThinkMarkets, and risk management techniques can help you become a more confident and successful trader.
Take an analytical approach to trading with ThinkMarkets. Explore the ThinkMarkets platform and train yourself to think systematically and logically about the markets.
While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with ThinkMarkets, before live trading.
Customer Support at ThinkMarkets
As part of our ThinkMarkets review, we review customer service options, response times and problem resolution effectiveness on the ThinkMarkets trading platform. The ThinkMarkets trading platform supports multiple languages, which includes English, Spanish, Portuguese, Italian, French, Vietnamese, Thai, Chinese, Japanese, Arabic, Bulgarian, German.
ThinkMarkets Available Support Types
ThinkMarkets have a double AA grade support rating because ThinkMarkets offer live chat and email support in multiple languages.
Livechat Support at ThinkMarkets
Our experience with the ThinkMarkets live chat was positive. We received a response within 30 seconds of sending a message through their app and website. Overall, great live chat support from ThinkMarkets.
We tested communicating with ThinkMarkets customer support in multiple languages and countries. ThinkMarkets made an effort to resolve the issues we had.
Email Support at ThinkMarkets
Our experience with ThinkMarkets email support was positive. We sent 25 emails at different times and received responses within an average of 2 hours. The fastest response was less than 15 minutes, while the slowest was 7 hours. Although response times may vary, we found their team to be helpful and knowledgeable in resolving our queries.
Phone Support at ThinkMarkets
Our experience with ThinkMarkets phone support was positive. The team answered the call in under 5 minutes and successfully resolved our queries over the phone. We appreciated their efforts in catering to multilingual support. Overall, a great phone support experience with ThinkMarkets.
See how ThinkMarkets Support Compares Against Other Brokers
Broker | ThinkMarkets | IC Markets | Roboforex | eToro |
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Support |
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Languages | English, Spanish, Portuguese, Italian, French, Vietnamese, Thai, Chinese, Japanese, Arabic, Bulgarian, German | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, German, Spanish, French, Italian |
Learn More | Visit ThinkMarkets | Visit IC Markets | Visit Roboforex | Visit eToro |
Risk Warning | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. |
What you will need to open an account with ThinkMarkets
As ThinkMarkets is regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Financial Sector Conduct Authority (FSCA).
As a new client of ThinkMarkets, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with ThinkMarkets in your region. During the ThinkMarkets account opening process, you will be asked to provide ThinkMarkets with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.
When registering with ThinkMarkets have the following documents available.
- ThinkMarkets require a scanned colour copy of your passport, driver's license or national ID card.
- A recent utility bill or bank statement that confirms your residential address for ThinkMarkets compliance. This must be dated within the last six months.
- If you plan to fund your ThinkMarkets account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the ThinkMarkets platform.
It's worth noting that the expiration date of the proof of address document may differ for different entities under ThinkMarkets Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring ThinkMarkets's platform.
However, remember that you won't be able to make trades on ThinkMarkets until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the ThinkMarkets KYC compliance process as soon as possible to avoid any delays in accessing the ThinkMarkets platform's features.
It is important to note that ThinkMarkets may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the ThinkMarkets platform and features immediately. However, you must pass the verification process to start live trading with ThinkMarkets, which can take up to a few business days.
To start the process of opening an account with ThinkMarkets you can visit the ThinkMarkets trading platform here.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money
You should consider whether you can afford to take the high risk of losing your money.
CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from https://www.thinkmarkets.com on December 06, 2024.
Watch this ThinkMarkets Explainer Video
Is ThinkMarkets A Good Broker?
We have spent over 5 years examining ThinkMarkets in depth. Although we found some very useful aspects of the ThinkMarkets platform that would be useful to some traders. We feel that a alternative to ThinkMarkets may better suit you.
- ThinkMarkets have a good track record of offering Forex, CFDs.
- ThinkMarkets has a history of over 14 years.
- ThinkMarkets has a reasonable sized customer support of at least 10.
- ThinkMarkets are regulated by the Financial Conduct Authority (FCA), Financial Sector Conduct Authority (FSCA), TF Global Markets Int Limited (Seychelles) (8424818-1), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, TFG (Payments) Limited (United Kingdom) (10537331), Think Capital Services UK Ltd (United Kingdom) (11054653), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272), TF Global Markets (AUST) Limited is the holder of Australian Financial Services License number 424700, TF Global Markets (South Africa)(Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835),TF Global Markets Int Limited Is authorised and regulated by the Financial Services Authority Seychelles Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272). ThinkMarkets is subject to strict regulatory oversight from its respective jurisdiction, which holds ThinkMarkets (the broker) accountable for misconduct. This regulatory framework helps ensure that ThinkMarkets operates fairly and transparently and provides ThinkMarkets customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and ThinkMarkets.
- ThinkMarkets have regulation from reputable regulators.
- One of the advantages of using ThinkMarkets is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from ThinkMarkets are particularly important as ThinkMarkets traders want to receive their money quickly. With the efficient ThinkMarkets payment processing system, traders can enjoy faster access to their ThinkMarkets funds.
- ThinkMarkets have an international presence in multiple countries. Including local ThinkMarkets seminars and training.
- ThinkMarkets can hire people from various locations in the world who can better communicate in your local language.
ThinkMarkets Risk Disclosure
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money
Trading Risk Disclaimer
Trading financial instruments such as foreign currency markets and other financial instruments involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.
You will be exposed to a high risk of loss regarding leverage and margin-based trading.
Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.
It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.
Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.
ThinkMarkets not quite right?
If after reading this ThinkMarkets review, ThinkMarkets does not fulfill your needs check out these ThinkMarkets Alternatives.
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We have spent years researching the best alternatives to ThinkMarkets. Click the links below to learn more.
After extensive research over several years, we have compiled a list of the most effective ThinkMarkets alternatives available today. If you are unsatisfied with ThinkMarkets or want to explore other options, we recommend checking out our carefully curated list of highly-rated ThinkMarkets alternatives. Follow the links below to learn more about these ThinkMarkets broker alternatives and choose the one that best suits your trading needs.
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Related ThinkMarkets Vs Comparisons
Throughout our comprehensive ThinkMarkets review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.
If you're interested in comparing ThinkMarkets against other popular brokers in the industry, check out our ThinkMarkets Vs pages. Our team has compiled a series of detailed ThinkMarkets comparison articles, pitting the ThinkMarkets platform against some of the best-rated ThinkMarkets competitors in the market. Dive into our informative ThinkMarkets Vs pages below to find out how ThinkMarkets stacks up against other leading brokers.
- ThinkMarkets vs ICMarkets
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ThinkMarkets review
THINKMARKETS Frequently Asked Questions
Read our detailed ThinkMarkets FAQ Section updated for 2025.
Can I try ThinkMarkets?
ThinkMarkets offer a demo account so you can try the ThinkMarkets platform with virtual trading before you put down a payment. Virtual trading with ThinkMarkets is zero risk. Learn more here
What funding methods do ThinkMarkets accept?
Please note that the list of payment methods below depends on the ThinkMarkets Entity and the client's Country of Residence.
ThinkMarkets offer the following funding payment methods SWIFT, Bank Wire Transfer, VISA, MasterCard, Debit Cards, Credit Cards, among other payment methods.
Learn more here
Is ThinkMarkets safe?
ThinkMarkets have over 450,000 users. ThinkMarkets are considered reliable as they are regulated by and checked for conduct by the Financial Conduct Authority (FCA), Financial Sector Conduct Authority (FSCA), TF Global Markets Int Limited (Seychelles) (8424818-1), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, TFG (Payments) Limited (United Kingdom) (10537331), Think Capital Services UK Ltd (United Kingdom) (11054653), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272), TF Global Markets (AUST) Limited is the holder of Australian Financial Services License number 424700, TF Global Markets (South Africa)(Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835),TF Global Markets Int Limited Is authorised and regulated by the Financial Services Authority Seychelles Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272). Any payments funded to ThinkMarkets accounts by traders are held in a segregated bank account. For added security,ThinkMarkets use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with ThinkMarkets is risky, and because the market is so volatile, losses could happen at any time. Do not invest with ThinkMarkets unless you are prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money
Is ThinkMarkets trading good?
ThinkMarkets is considered good and reputable to trade with ThinkMarkets. ThinkMarkets is used by over 450,000 traders and ThinkMarkets users. ThinkMarkets offers Forex trading, and CFDs trading. Minimum deposit with ThinkMarkets is 50.
Is ThinkMarkets trading Legit?
ThinkMarkets was founded in New Zealand in 2010. ThinkMarkets are now Headquartered in premium locations at the heart of London and Melbourne. ThinkMarkets has been facilitating trade on the financial markets for over 14 years. ThinkMarkets offers clients Forex trading, and CFDs trading. All funds deposited to ThinkMarkets are held in segregated bank accounts for security. ThinkMarkets is regulated by Financial Conduct Authority (FCA), Financial Sector Conduct Authority (FSCA), TF Global Markets Int Limited (Seychelles) (8424818-1), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, TFG (Payments) Limited (United Kingdom) (10537331), Think Capital Services UK Ltd (United Kingdom) (11054653), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272), TF Global Markets (AUST) Limited is the holder of Australian Financial Services License number 424700, TF Global Markets (South Africa)(Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835),TF Global Markets Int Limited Is authorised and regulated by the Financial Services Authority Seychelles Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272) so can be considered legit.
Is ThinkMarkets a good broker?
ThinkMarkets allows Forex trading, and CFDs trading. ThinkMarkets is overseen by the top tier financial regulators Financial Conduct Authority (FCA), Financial Sector Conduct Authority (FSCA), TF Global Markets Int Limited (Seychelles) (8424818-1), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, TFG (Payments) Limited (United Kingdom) (10537331), Think Capital Services UK Ltd (United Kingdom) (11054653), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272), TF Global Markets (AUST) Limited is the holder of Australian Financial Services License number 424700, TF Global Markets (South Africa)(Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835),TF Global Markets Int Limited Is authorised and regulated by the Financial Services Authority Seychelles Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272) so can be considered a good broker.
Is ThinkMarkets trustworthy broker?
ThinkMarkets is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to ThinkMarkets, money is in a segregated bank account that is separate from ThinkMarkets company's funds. As a regulated broker, ThinkMarkets cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by ThinkMarkets. Instead, your ThinkMarkets funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with ThinkMarkets. Also ThinkMarkets is regulated in its local jurisdictions including major financial regulators like Financial Conduct Authority (FCA), Financial Sector Conduct Authority (FSCA), TF Global Markets Int Limited (Seychelles) (8424818-1), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, TFG (Payments) Limited (United Kingdom) (10537331), Think Capital Services UK Ltd (United Kingdom) (11054653), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272), TF Global Markets (AUST) Limited is the holder of Australian Financial Services License number 424700, TF Global Markets (South Africa)(Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835),TF Global Markets Int Limited Is authorised and regulated by the Financial Services Authority Seychelles Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272).
What is the minimum deposit for ThinkMarkets?
The minimum deposit to trade with ThinkMarkets is 50.
How long do ThinkMarkets withdrawals take?
Withdrawing money from ThinkMarkets processing time varies depending on the method but averages 1-5 days.
Is ThinkMarkets regulated?
ThinkMarkets is regulated by the Financial Conduct Authority (FCA), Financial Sector Conduct Authority (FSCA), TF Global Markets Int Limited (Seychelles) (8424818-1), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, TFG (Payments) Limited (United Kingdom) (10537331), Think Capital Services UK Ltd (United Kingdom) (11054653), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272), TF Global Markets (AUST) Limited is the holder of Australian Financial Services License number 424700, TF Global Markets (South Africa)(Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835),TF Global Markets Int Limited Is authorised and regulated by the Financial Services Authority Seychelles Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272). Regulatory bodies conduct regular reviews and audits as part of ThinkMarkets maintaining their regulatory status. You can learn more about these reviews on the regulator websites.
Is ThinkMarkets a market maker?
ThinkMarkets is a market maker. Stocks, currency and other commodities and instruments will be brought or sold by ThinkMarkets even if no buyer or seller is lined up.
How can I start trading with ThinkMarkets?
When opening a trading account with ThinkMarkets, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on ThinkMarkets trading platforms, you can follow the link provided below: Learn more about signing up with the ThinkMarkets trading platform here. This will provide useful information and insights into the various trading platforms offered by ThinkMarkets, enabling you to make an informed decision about which platform to choose for your trading needs.
Is my money safe with ThinkMarkets?
Yes your money is safe with ThinkMarkets.
Overall, strict financial regulation is essential for ensuring that trading platforms like ThinkMarkets operate fairly, transparently, and responsibly, which ultimately benefits all ThinkMarkets stakeholders involved.
Trading platforms like ThinkMarkets must have strict financial regulation for several reasons:
- Protecting ThinkMarkets Investors: Strict financial regulation ensures that investors who use the ThinkMarkets trading platform are protected against fraudulent or unethical behavior by the ThinkMarkets platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the ThinkMarkets platform.
- Maintaining ThinkMarkets Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the ThinkMarkets trading platform. Regulatory procedures reduce the likelihood of the ThinkMarkets platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
- Enhancing ThinkMarkets Transparency: Regulations require trading platforms like ThinkMarkets to maintain detailed records and disclose ThinkMarkets client information. Financial regulatory requirements enhances transparency and helps to build trust between the ThinkMarkets platform and its investors.
ThinkMarkets is regulated by the Financial Conduct Authority (FCA), Financial Sector Conduct Authority (FSCA), TF Global Markets Int Limited (Seychelles) (8424818-1), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, TFG (Payments) Limited (United Kingdom) (10537331), Think Capital Services UK Ltd (United Kingdom) (11054653), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272), TF Global Markets (AUST) Limited is the holder of Australian Financial Services License number 424700, TF Global Markets (South Africa)(Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835),TF Global Markets Int Limited Is authorised and regulated by the Financial Services Authority Seychelles Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272). When selecting a broker such as ThinkMarkets, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, ThinkMarkets ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like ThinkMarkets.
Is ThinkMarkets a con?
ThinkMarkets is regulated and well established, having been in business for over 14 years. ThinkMarkets is not a con.
Can you make money with ThinkMarkets?
Although traders have had great success with ThinkMarkets, trading on the financial markets with ThinkMarkets is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Does ThinkMarkets have fees?
ThinkMarkets doesn't charge withdrawal fees. ThinkMarkets reserves the right to charge inactivity fees.ThinkMarkets doesn't charge deposit fees.
When was ThinkMarkets founded?
ThinkMarkets was founded in 2010.
How many people use ThinkMarkets?
ThinkMarkets is used by over 450,000 registered ThinkMarkets users.
What is ThinkMarkets Headquarters country?
ThinkMarkets has its head quarters office in London and Australia .
Does ThinkMarkets offer negative balance protection?
ThinkMarkets offers negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.
Does ThinkMarkets offer guaranteed stop loss?
ThinkMarkets offers guaranteed stop loss protection. With guaranteed stop loss protection, the risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.
Does ThinkMarkets allow scalping?
ThinkMarkets offers scalping.
Does ThinkMarkets allow hedging?
ThinkMarkets offers hedging.
Does ThinkMarkets offer CFD trading?
ThinkMarkets offers CFD trading.
Does ThinkMarkets offer STP?
ThinkMarkets does not offer STP trading.
How many people use ThinkMarkets?
ThinkMarkets is used by over 450000 ThinkMarkets users and traders.
Is ThinkMarkets an ECN broker?
ThinkMarkets does not offer ECN trading.
Does ThinkMarkets offer a demo account?
ThinkMarkets offers a demo account.
Does ThinkMarkets offer an Islamic account?
ThinkMarkets offers an Islamic account.
What are the funding methods for ThinkMarkets?
Please note that funding methods and options available with ThinkMarkets can be found in the ThinkMarkets Members area and depend on the ThinkMarkets client’s country of residence. Please check your specific available payment methods on the ThinkMarkets website. ThinkMarkets accept the following funding methods : SWIFT, Bank Wire Transfer, VISA, MasterCard, Debit Cards, Credit Cards.