ThinkMarkets Rated 3/5

ThinkMarkets Guide - Read our In Depth 2024 ThinkMarkets Review

This detailed ThinkMarkets review has been researched and fact checked by industry experts with over 30 years of financial experience in Forex, CFDs.
*This content does not apply to US users.

Learn more about ThinkMarkets.

Benefits of Trading with ThinkMarkets

ThinkMarkets Review 2024 Quick Summary
💰 Min Deposit No minimum deposit
👱‍♂️ Used By 500,000 ThinkMarkets users and traders
📆 Founded 2010
🌍 HQ London and Australia
👮‍♂️ Regulation Financial Conduct Authority (FCA), Financial Sector Conduct Authority (FSCA), Financial Services Authority Seychelles (FSA), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, 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 Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec)
🚫 Excluded Countries ThinkMarkets is not available in the following countries : US, CAN, JP, BEL, RU

Open ThinkMarkets's 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

Learn more about IC Markets.
learn more Learn more about IC Markets.
Losses can exceed deposits

What is ThinkMarkets?

ThinkMarkets are a worldwide financial trading platform and broker. founded in 2010

Over 14 years later ThinkMarkets now serves over 500,000 retail investors Forex trading, and CFDs trading.

ThinkMarkets are a global broker. ThinkMarkets have a head office in London and Australia.

When trading in the financial markets, finding a broker that meets your needs can be very time-consuming.

We will dive deep in this ThinkMarkets review and assess how well the ThinkMarkets platform functions in its role as an international multi asset trading platform for traders in 2024.

Visiting many broker websites, all of which have different language uses. Technical language and terminology can be confusing with brokers like ThinkMarkets. Choosing or shortlisting a trading platform like ThinkMarkets can be time consuming. Choosing a trading platform requires a significant amount of research and analysis. It can be challenging to understand each platform's various features and benefits, especially with a complex trading platform like ThinkMarkets.

As a result, selecting the right trading platform like ThinkMarkets requires a deep understanding of the market, trading strategies, and platform functionality. The task becomes even more daunting when considering the vast number of online brokers like ThinkMarkets available, each with unique features, fees, and regulations.

In such a complex landscape, finding a reliable and trustworthy broker like ThinkMarkets requires thorough due diligence and careful consideration. Some ThinkMarkets trading features can be complex when trading on mobile or using the ThinkMarkets online trading platform. Beginners and inexperienced traders must take the time to learn how to use the ThinkMarkets trading tools properly. In our review of ThinkMarkets we explain the pros and cons. What ThinkMarkets offer, countries ThinkMarkets are available in. Who ThinkMarkets are regulated by and more.

ThinkMarkets Review Screenshot

When it comes to online trading with brokers like ThinkMarkets, carefully review ThinkMarkets as your broker can make or break your success. Choosing the right broker is essential to ensure your ThinkMarkets investments grow and flourish. However, beware of fake and unreliable brokers lurking in the shadows, waiting to take advantage of unsuspecting traders.

You must be diligent and thorough in your ThinkMarkets review selection process to safeguard your hard-earned money. It's crucial to do your due diligence and research the reputation, track record and trust worthyness of ThinkMarkets. You must also ensure the ThinkMarkets broker's profile, trading tools, fees and regulation aligns with your needs and goals.

Remember, ThinkMarkets needs to be your partner in your trading journey.

Our team has endeavored to break down the complex world of trading with ThinkMarkets into easily digestible information in this ThinkMarkets review. We want to ensure you have all the knowledge necessary to use the ThinkMarkets trading tools confidently, from depositing and withdrawing funds to executing trades.

We understand that informed decisions with ThinkMarkets are the key to successful trading, so we've provided this detailed ThinkMarkets review. So, take a seat, grab a cup of coffee, and dive in to learn about ThinkMarkets and how it can benefit you or if ThinkMarkets is not for you.

Online investing with ThinkMarkets can be just as risky as traditional offline investments. Therefore, conducting thorough research on the company you plan to invest with is crucial. If considering trading financial assets with ThinkMarkets, evaluating the ThinkMarkets platform is important. Evaluation includes researching the ThinkMarkets management team, track record, and services.

As a trader, you should feel confident that your financial investments are in good hands with ThinkMarkets. That's why it's essential to understand the ThinkMarkets company policies and practices before making any investment decisions. By doing your due diligence and understanding ThinkMarkets platform, you can make informed investment choices that align with your financial goals. So take the time to research ThinkMarkets thoroughly and make the most of your online investing experience.

We aim to provide you with all the information in this ThinkMarkets review you need to determine if ThinkMarkets is the right fit for you. But we don't stop there - we also offer valuable insights into other great alternatives to ThinkMarkets, so you can make a more informed decision and compare other brokers against ThinkMarkets.

If you want to look at some ThinkMarkets alternatives that might better fit your needs, we list and compare some of the best ThinkMarkets alternatives further down this ThinkMarkets review.

Trading online with ThinkMarkets requires an understanding of what you are doing. It can be challenging and requires significant research and understanding of the ThinkMarkets trading tools and features. You must know what you are doing when trading with ThinkMarkets. That's why we've compiled this detailed ThinkMarkets review with some important information that will hopefully make you more informed when online trading with ThinkMarkets.

ThinkMarkets Review Table of Contents

ThinkMarkets review
ThinkMarkets is a Multi-Assets Trading Platform with over 1500+ Assets

Learn more about ThinkMarkets. ThinkMarkets is a multi asset platform with 1500+ 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

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 $0. 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), Financial Services Authority Seychelles (FSA), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, 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 Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec) 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

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

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), Financial Services Authority Seychelles (FSA), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, 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 Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. 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 500,000+ ThinkMarkets users 180,000+ IC Markets users 1,000,000+ Roboforex users 30,000,000+ eToro users
Negative balance protection Yes Yes Yes Yes
Guaranteed Stop Loss No 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 76% of retail investor accounts lose money when trading CFDs with this provider.

ThinkMarkets review
ThinkMarkets Pros and Cons

What we like about ThinkMarkets

  • Used by over 500,000 ThinkMarkets users and traders
  • Established in 2010
  • Regulated by Financial Conduct Authority (FCA), Financial Sector Conduct Authority (FSCA), Financial Services Authority Seychelles (FSA), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, 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 Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec)
  • Min. deposit from $0

What we don't like about ThinkMarkets

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)
  • Financial Services Authority Seychelles (FSA)
  • TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628
  • 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 Firm Reference Number SD060
  • The Cyprus Securities and Exchange Commission (CySec)

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 180 countries.

ThinkMarkets is a global trading platform in the sense that it operates in 180 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 500,000 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 Trading Platform 2022 - World Finance
  • Best FX Mobile Trading App 2022 - World Finance
  • Best Gold CFD Provider 2022 - World Finance
  • Best CFD Provider 2021 - The City Of London Wealth Management Awards
  • Best Value Broker In Asia 2020 - Global Forex Awards
  • Best Blockchain-based Innovation Award 2018 - City Of London Wealth Management
  • Best Trading Innovation 2017 - UK Forex Awards
  • UK Forex Awards Best Forex Trading Innovation 2017
  • Best Forex Trading Experience 2017 - UK Forex Awards
  • Best New Broker 2013 - World Finance

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 0 200 10 100
Withdrawal Fees No No Yes Yes
Inactivity Fees Yes No No Yes
Deposit Fees No Varies No No
CFD Commission Fees No Yes No Yes

ThinkMarkets Minimum Deposit

ThinkMarkets does not require a minimum deposit when opening an ThinkMarkets trading account.

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 Credit cards, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, BitPay.

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 1500 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.

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

How ThinkMarkets Trading Options Compare Against Other Brokers

Broker ThinkMarkets IC Markets Roboforex eToro
Instruments Available 1500 2250 100 5000
Platforms ThinkTrader, MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android MT4, MT5, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps
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
76% of retail investor accounts lose money when trading CFDs with this provider.

ThinkMarkets review
Trading on ThinkMarkets web platforms and other applications

ThinkMarkets is one of the few brokers that offer both of the MetaTrader platforms; MT4 and MT5. To see how the two platforms compare, you can read our comparison of MT4 vs MT5 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.

In addition to mobile and desktop versions, the MetaTrader4 and MetaTrader5 platforms are also available as web trading platforms.

See ThinkMarkets's platforms

Is 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

After logging into your ThinkMarkets account, you'll find a range of trading platform options available below.

  • ThinkMarkets ThinkTrader
  • MetaTrader 4 (MT4)
  • MetaTrader 5 (MT5)

ThinkMarkets does not support the cTrader trading platform. However, if you're looking for a broker that does offer cTrader, you can explore other options available through the provided link.

Let's explore each of these trading platforms in detail and what options ThinkMarkets gives you.

ThinkMarkets review
ThinkMarkets ThinkTrader

ThinkTrader

ThinkTrader is ThinkMarkets next generation mobile-first multi-asset trading platform. ThinkTrader has a powerful set of technical analysis research tools complete with 80 in-depth chart indicators allowing traders to analyse market trends anywhere.

ThinkTrader comes with in-built real-time market news supplied by FX Wire Pro, allowing traders to stay updated with volatile global financial markets.

ThinkTrader allows traders to manage multiple financial assets from an intuitive easy-to-use interface. Traders can manage up to four financial instruments all from one interface.

ThinkTrader has an advanced cloud-based trigger and alert system that, once configured, can keep traders informed on potentially critical trading events and price thresholds 24 hours a day.

ThinkTrader TrendRisk Scanner

ThinkTrader has an inbuilt innovative market trends feature called the TrendRisk Scanner. The TrendRisk scanner scans the financial markets and presents ThinkTrader clients with potential trading opportunities based on a risk-reward ratio, price and timeframe. The ThinkMarkets TrendRisk Scanner tool can be configured to allow automated take-profit limits and stop loss orders to help mitigate trading risks when using ThinkTrader.

ThinkTrader Platform

ThinkMarkets review
ThinkMarkets MetaTrader 4 (MT4)

ThinkMarkets MetaTrader 4

ThinkMarkets MetaTrader 4 (MT4) In Detail

MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on ThinkMarkets offers traders comprehensive features and tools to enhance their trading performance. The ThinkMarkets MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the ThinkMarkets platform to their needs. One of the standout features of MT4 is its charting functionality, which allows ThinkMarkets traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give ThinkMarkets traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 ThinkMarkets trading platform.

MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF's on the ThinkMarkets MetaTrader 4 (MT4) trading platform. MT4 is a platform available with ThinkMarkets, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The ThinkMarkets MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. ThinkMarkets allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage. To gain more information about the MT4 Platform, click here.

You can start using the MetaTrader 4 platform with ThinkMarkets in multiple formats including through an online web platform, Through a downloadable application for Windows PCs and Apple Macintosh computers. ThinkMarkets MetaTrader 4 is compatible with the latest macOS. ThinkMarkets allows traders to trade on mobile devices through Android and iOS devices like the iPhone.

Metatrader 4 Webtrader on ThinkMarkets

MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.

The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment.

Additionally, traders can enjoy Raw Pricing without any intervention from brokers. Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades.

Trade ThinkMarkets MetaTrader 4 on iOS Devices

You can download the ThinkMarkets app or trade with ThinkMarkets through the MetaTrader 4 application on the Apple app store.

Download the Metaquotes MetaTrader 4 Program free of charge from Apple's App Store. ThinkMarkets customers have instant access to the financial market and can completely manage a Portfolio on the go.

Trade ThinkMarkets MetaTrader 4 on Android Devices

Millions of people worldwide use Android mobile devices and tablets, and ThinkMarkets offers its clients access to the MetaTrader 4 platform on these devices. With the ThinkMarkets MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing ThinkMarkets traders to stay on top of their trades and react quickly to changes in the market. With the ThinkMarkets MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market.

Trade ThinkMarkets MetaTrader 4 Trading Central

Trading Centrals Alpha Generation Indicators available on ThinkMarkets are a powerful bundle of three major indicators designed to help traders make informed decisions. ThinkMarkets MT4 Trading Central indicators include:

  • Analyst Perspectives - A valuable resource for traders seeking leadership insights and key levels.
  • Adaptive Candlesticks - This indicator is capable of identifying chart patterns that highlight significant changes in demand and supply.
  • Adaptive Divergence Convergence (ADC) - Similar to MACD, but with greater utility at shorter lengths, this indicator provides more timely signals.

Trading Centrals Alpha Generation Indicators can help ThinkMarkets traders better understand market trends and patterns, enabling them to make more informed trading decisions. These indicators can provide valuable insights into market movements, allowing ThinkMarkets traders to potentially stay one step ahead.

ThinkMarkets MetaTrader 4 Advanced Trading Tools

The ThinkMarkets MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give ThinkMarkets traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, ThinkMarkets provides traders with everything they need to succeed. The ThinkMarkets MT4 platform also includes a range of technical analysis tools, with 30 indicators built in, 2000 plus free indicators, and the availability of paid indicators, allowing ThinkMarkets traders to analyze the market at any level of complexity.

Trade ThinkMarkets MetaTrader 4 MultiTerminal

MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time.

It's important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn't allow automated trading scripts such as Expert Advisors.

This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.

ThinkMarkets MetaTrader 4 & MetaTrader 5 AutoChartist

Autochartist on the ThinkMarkets platform is a powerful tool designed to help traders find trading opportunities quickly and easily.

Available for ThinkMarkets MetaTrader 4 and MetaTrader 5 Autochartist can scan the market using an expert advisor script.

With Autochartist, ThinkMarkets traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save ThinkMarkets users time and makes the trading process more efficient.

The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. ThinkMarkets traders can navigate the platform and find the information they need to make informed trading decisions.

ThinkMarkets Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for ThinkMarkets traders of all experience levels.

ThinkMarkets review
ThinkMarkets MetaTrader 5 (MT5)

ThinkMarkets MetaTrader 5

ThinkMarkets MetaTrader 5 (MT5) In Detail

ThinkMarkets MetaTrader 5 (MT5) is a multi-asset trading platform with an extensive range of trading features and financial research tools. Besides the ability to trade Forex and CFDs, ThinkMarkets MT5 offers access to trade Futures, Stocks, Algorithmic Trading, ETFs, and Indices. MT5 was launched in 2010 and came with advanced charting tools, additional timeframes, and an updated version of MetaTrader 4.

MT5 on ThinkMarkets provides the convenience of using automated trading systems and copy trading, giving ThinkMarkets traders competitive research tools in the financial markets.

You can learn more about the MT5 Platform here. You can also learn more about the differences between MT5 and MT4 here.

Trade ThinkMarkets MetaTrader 5 WebTrader

Access your ThinkMarkets MetaTrader 5 accounts from any web browser. MT5 on ThinkMarkets features a massive range of tools like additional timeframes and the most up-to-date technical indicators to give you all the trading resources you need to trade on and analyze the financial markets.

ThinkMarkets review
ThinkMarkets MT5 Buying and Selling

ThinkMarkets MetaTrader 5 Buying and Selling

ThinkMarkets MetaTrader 5 on iOS Devices

ThinkMarkets MetaTrader 5 Can Operate on newer iOS devices like the iPhone and iPad. MetaTrader 5 requires a mobile internet connection or a connection to Wi-Fi. You should upgrade the iOS MetaTrader 5 app regularly. New versions provide improved functionality and increased stability. ThinkMarkets MetaTrader 5 allows traders to look at market statistics of financial instruments traded in the market execution mode.

ThinkMarkets MetaTrader 5 on Android Devices

The ThinkMarkets MetaTrader 5 trading platform is available on Android smartphones or tablets powered by the Android 5.0 or higher operating system. Additionally, to connect to the ThinkMarkets trading server. Take the time to understand all of the ThinkMarkets Android MetaTrader 5 features. With ThinkMarkets MetaTrader 5 for Android, you can trade various financial instruments anytime, anywhere.

ThinkMarkets Metatrader Mobile Application Features

MetaQuotes, the developers of Metatrader, have listened to the feedback of their millions of users and have built what has become one of the most popular mobile trading platforms in the world. MetaTrader features include :

  • ThinkMarkets Financial instrument quotes
  • View in-depth price charts of financial instruments with ThinkMarkets MetaTrader
  • Manage trades and open positions on ThinkMarkets MT4 & MT5
  • View your ThinkMarkets trading history
  • View market news
  • MetaTrader internal messaging on ThinkMarkets
  • View and research market statics of ThinkMarkets financial instruments
  • ThinkMarkets Position opening and closing
  • Lookup symbols in the ThinkMarkets MetaTrader quotes section
  • Display of deals on ThinkMarkets graphs
  • ThinkMarkets Timeframe selection for graphs and charts
  • Additional vertical scaling of ThinkMarkets graphs
  • Capability to transfer ThinkMarkets accounts to other devices using QR codes
  • Information is available only if it's supplied by ThinkMarkets
  • Access the OTP generator through FaceID or fingerprint with ThinkMarkets

ThinkMarkets MetaTrader 5 Advanced Trading Tools

ThinkMarkets MetaTrader 5 has many advanced trading tools for more advanced users. Understanding these tools can give you a competitive edge.

  • ThinkMarkets MT5 Depth of market bids and asks
  • Financial Price Data on ThinkMarkets
  • Margin Calculation, Futures, Forex on ThinkMarkets
  • Advanced Techincal Analysis on ThinkMarkets MT5
  • One click trading on ThinkMarkets MT5
  • ThinkMarkets Spreads
  • ThinkMarkets Futures
  • ThinkMarkets Trading Reports

ThinkMarkets Trading benefits

  • ThinkMarkets Allows scalping
  • ThinkMarkets Allows hedging
  • ThinkMarkets Low min deposit
  • 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 Credit cards
  • ThinkMarkets accepts Debit cards
  • ThinkMarkets accepts Bank Transfer
  • ThinkMarkets accepts Electronic wallets (eWallets)
  • ThinkMarkets accepts Neteller
  • ThinkMarkets accepts Skrill
  • ThinkMarkets accepts BitPay
Broker ThinkMarkets IC Markets Roboforex eToro
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal No ( Yes in Australia ) Yes No ( Yes in Australia ) Yes
Skrill Yes Yes Yes Yes
Payoneer No No Yes No
Neteller Yes 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 500,000 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

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
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
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 76% 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 March 16, 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), Financial Services Authority Seychelles (FSA), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, 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 Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec). 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 cryptocurrency and foreign currency markets 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.

Click here to view the best ThinkMarkets Alternatives

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.

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 review
THINKMARKETS Frequently Asked Questions

Read our detailed ThinkMarkets FAQ Section updated for 2024.

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 Credit cards, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, BitPay, among other payment methods.
Learn more 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

Is ThinkMarkets safe?

ThinkMarkets have over 500,000 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), Financial Services Authority Seychelles (FSA), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, 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 Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec). 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 500,000 traders and ThinkMarkets users. ThinkMarkets offers Forex trading, and CFDs trading. Minimum deposit with ThinkMarkets is 0.

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), Financial Services Authority Seychelles (FSA), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, 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 Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec) 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), Financial Services Authority Seychelles (FSA), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, 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 Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec) 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), Financial Services Authority Seychelles (FSA), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, 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 Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec).

What is the minimum deposit for ThinkMarkets?

The minimum deposit to trade with ThinkMarkets is 0.

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), Financial Services Authority Seychelles (FSA), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, 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 Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec). 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), Financial Services Authority Seychelles (FSA), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, 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 Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec). 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 500,000 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 does not offer guaranteed stop loss. With guaranteed stop loss protection, 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 500000 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 : Credit cards, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, BitPay.

ThinkMarkets review written by Andrew Blumer and Mark Hansen

We hope you found our review of the ThinkMarkets brokerage firm useful.

This article was written by our financial editors, Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years of experience in financial analysis, forecasting, and financial modelling, identifying new market opportunities in Stocks, CFDs, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

ThinkMarkets review written by Mark Hansen of Comparebrokers.co