ThinkMarkets Review 2020

ThinkMarkets Rated 4/5
ThinkMarkets Review Screenshot

ThinkMarkets Guide - Read our In Depth ThinkMarkets Review

This ThinkMarkets review was written by industry experts with over 20 years of financial experience in Forex, CFDs.
The content in this ThinkMarkets review does not apply to US users.

ThinkMarkets are an online broker founded in 2010 offering Forex trading, and CFDs trading.

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

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of ThinkMarkets we breakdown the pros and cons. What ThinkMarkets are able to offer, what countries ThinkMarkets are available in. Who ThinkMarkets are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Benefits of trading with ThinkMarkets

Open ThinkMarkets's Website

Losses can exceed deposits

At the bottom of this review you can also learn about some pretty good alternatives to ThinkMarkets

With this ThinkMarkets review we hope to help you see if ThinkMarkets is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding ThinkMarkets that will help you get off to a good start in the world of online trading.

ThinkMarkets Review Table of Contents

ThinkMarkets review
What you should know

ThinkMarkets offer two ways to trade: Forex, CFDs.

With ThinkMarkets you will need a minimum deposit of $250. 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.


ThinkMarkets review
Are ThinkMarkets safe?

When choosing a broker like ThinkMarkets the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2010, and in operation for 10 years ThinkMarkets have a head office in Australia.

ThinkMarkets is regulated. This means ThinkMarkets are supervised by and is checked for conduct by the Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to ThinkMarkets, this will be honored. If ThinkMarkets violate any regulatory rules their regulated status could be stripped.

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 banks financial health and strength.

Try creating two accounts when you are working with ThinkMarkets. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit ThinkMarkets

Losses can exceed deposits

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 eToro IC Markets Trading212
Year Established 2010 2006 2007 2006
Head Office Australia Cyprus, UK Australia UK
Regulation Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)
Used By 10,000+ 12,000,000+ 60,000+ 14,000,000+
Negative balance protection No Yes Yes Yes
Guaranteed Stop Loss No No No Yes
Learn More Visit ThinkMarkets Visit eToro Visit IC Markets Visit Trading 212
Risk Warning Losses can exceed deposits 75% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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 review
ThinkMarkets Pros and Cons

What we like about ThinkMarkets

  • Used by over 10,000 traders
  • Established in 2010
  • Regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC)
  • Min. deposit from $250

What we don't like about ThinkMarkets

ThinkMarkets review
ThinkMarkets Regulation and Licensing in more detail

We have checked and ThinkMarkets is regulated and supervised by reputable organisations. You are able to check every ThinkMarkets supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with ThinkMarkets. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect ThinkMarkets traders and provide a safe trading environment.

ThinkMarkets is governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as ThinkMarkets you should be sure they're legitimate online agent.

ThinkMarkets review
ThinkMarkets Awards

ThinkMarkets have won numerious industry awards over the 10 years they have been operating as a financial broker. We list the most notible awards and mentions for ThinkMarkets below.

  • COLWMA Best Blockchain-based Innovation Award 2018 Winner
  • UK Forex Awards Best Forex Trading Experience 2017 Winner
  • UK Forex Awards Best Forex Trading Innovation 2017 Winner
  • World Finance Awards Best Broker Australia 2013 Winner

ThinkMarkets review
ThinkMarkets Fees Explained

  • ThinkMarkets doesn't charge withdrawal fees
  • ThinkMarkets does not charge a fee for inactive accounts.
  • ThinkMarkets does charge deposit fees.

Brokers offer state of the art online trading platforms, mobile trading apps, financial research tools and educational resources. For a brokerage to maintain these services and earn revenue as a company, brokers may charge clients various fees.

How ThinkMarkets Fees Compare Against Other Brokers

Broker ThinkMarkets eToro IC Markets Trading212
Min Deposit 250 200 200 1
Withdrawal Fees No Yes No No
Inactivity Fees No Yes No No
Deposit Fees skrill 2%, neteller 2% No Varies No
CFD Commission Fees No No Yes No

ThinkMarkets review
ThinkMarkets Minimum Deposit

ThinkMarkets require a minimum desposit of 250 GBP/USD 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.

Dont be scared off by brokers like ThinkMarkets charging a minimum deposit to open a trading account. Brokers that charge higher minimum deposits often offer additional premium services on there platforms that are not available for free on other platforms.

Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools.

Brokers that do not charge minimum deposits do so usually to attract new customers. They have to make some way, so transaction commissions and other fees may be higher with a low minimum deposit account.

Brokers that require a larger minimum deposit amount usually offer a greater range of trading features on their platforms. These brokers often have more in depth technical analysis and research tools and better risk management features.

As more and more online trading platforms have entered the market, minimum deposit requirements to open a live trading account have gone down as an increasing number of brokers compete for new clients.

Depending on the type of trading account you opt for some brokers require a minimum deposit as high as 6500 GBP/USD. Some brokers can go as high as 10,000 GBP/USD.

ThinkMarkets review
ThinkMarkets Withdrawal Fees

ThinkMarkets doesn't charge withdrawal fees.

Each broker has their own specific withdrawal rules on how your funds can be withdrawn from your trading accounts.

This is because each brokerage firm will have different withdrawal methods and each payment provider may have differing transfer processing fees and processing times.

ThinkMarkets for example allow you to withdraw your funds to a Payoneer account, a Neteller account, a UnionPay account, and a bank account via a wire transfer.

ThinkMarkets review
ThinkMarkets Inactivity Fees

ThinkMarkets does not charge a fee for inactive accounts.

An account inactivity fee is a fee charged to the registered brokerage client.

Brokers may have certain trading activity requirements that under the terms and conditions of the accounts, clients may have to fulfill.

If a clients trading account dues not have any buying and selling over a period of time as dictated by the broker an inactivity fee may be due.

Inactivity fees are not specific to online trading accounts. Many financial service companies may charge inactivity fees. Please check on the brokers website and make sure you are aware of and are happy with all the services and fees you may be charged.

If you are no longer using your trading account close it with the brokers customer support. And make sure you have a confirmation that any remaining fees are not due.

Depending on the type of account you have signed up for you can only be charged an inactivity fee under certain circumstances. As part of a brokers regulation they are required to clearly disclose any inactivity fees.

Some brokerage firms may charge inactivity fees as compensation for maintaining your account on their expensive trading platforms, in an attempt to claw back revenue for the lack of commission fees from your trading.

ThinkMarkets review
ThinkMarkets Desposit Fees

ThinkMarkets does charge deposit fees.

Some brokers may charge a fee when you deposit funds from your payment method to your trading account. This is because the payment method which you use to fund your account may accrue a fee. The fee may be a fixed fee when you deposit a specific fiat currency to your account. For example fees are known to be high when depositing funds from a credit card. This is if your broker accepts funding your account via a credit card.

ThinkMarkets review
ThinkMarkets Commission Fees

ThinkMarkets does not charge commission on CFD instruments.

A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account.

A brokerage may make most of their revenue from charging registered traders a commission fee on client transactions.

Commission fees can differ depending on the trading type, financial asset type and what level of trading account you have.

Broker commissions are charged if the brokerage fulfills an order, cancels an order or modifies and order on your behalf.

If a market order is not fulfilled by your brokerage usually no commission is charged.

Be aware that if your order is modified or canceled, your brokerage may charge a commission fee.

ThinkMarkets review
What can you trade with ThinkMarkets?

Be aware that Different entities under ThinkMarkets Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client.

You can trade a wide variety of instruments with ThinkMarkets over 100 instruments infact.

If you are looking at trading currency pairs ThinkMarkets offer over 40 currency pairs.

Compare ThinkMarkets with eToro and IC Markets below.

Losses can exceed deposits

How ThinkMarkets Trading Options Compare Against Other Brokers

Broker ThinkMarkets eToro IC Markets Trading212
Instruments Available 100 100 232 3000
Platforms MT4, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 40 50 65 177
Major Forex pairs Yes Yes Yes Yes
Minor Forex pairs Yes Yes Yes Yes
Exotic Forex pairs Yes Yes Yes Yes
Cryptocurrencies Yes Yes Yes Yes
Commodity CFDs        
Commodities Offered 0 0 19 14
Metals Yes Yes Yes Yes
Energies Yes Yes Yes Yes
Agricultural No Yes Yes Yes
Indiced & Stock CFDs        
Stocks Offered 0 957 100 1731
UK Shares No Yes No Yes
US Shares No Yes Yes Yes
German Shares Yes Yes Yes Yes
Japanese Shares Yes Yes Yes Yes
Risk Warning Visit ThinkMarkets
Losses can exceed deposits
Visit eToro
75% of retail investor accounts lose money when trading CFDs with this provider.
Visit IC Markets
Losses can exceed deposits
Visit Trading 212
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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 review
Trading on ThinkMarkets web platforms and other applications

ThinkMarkets offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

An 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 making it easier to keep an eye on and execute your trades while you’re on the move.

See ThinkMarkets's platforms

ThinkMarkets Trading benefits :

  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit

ThinkMarkets Trading Accounts Offered :

  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • STP account
  • Islamic account

Can I try ThinkMarkets before I buy?

ThinkMarkets offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

Losses can exceed deposits

ThinkMarkets withdrawal and funding methods.

Please note that the list of payment methods below depend on the ThinkMarkets Entity and the Clients Country of Residence.

ThinkMarkets offer the below funding payment methods. learn more about ThinkMarkets

  • Credit cards
  • Bank Transfer
  • Payoneer
  • Neteller
  • UnionPay
Broker ThinkMarkets eToro IC Markets Trading212
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal No Yes Yes Yes
Skrill No Yes Yes Yes
Payoneer Yes No No No
Neteller Yes Yes Yes No

How can I start trading with ThinkMarkets?

When opening a trading account with ThinkMarkets, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on ThinkMarkets trading platforms here.

Losses can exceed deposits

Performing trades with ThinkMarkets

ThinkMarkets allow you to execute a minimum of trade of 0.01 Lot. This may vary depending on the account you open. The maximum trade requirements vary depending on the trader and the instrument. As ThinkMarkets offer ECN and STP execution, you can expect very tight spreads with more transparency over the price you‘re paying to execute your trades.

ThinkMarkets are one of very few brokers that claim to have no requotes, so you don't have to worry about slippage (your trades being ordered at a different price to what you executed them at).

As with most brokers, margin requirements do vary depending on the instruments.

ThinkMarkets Leverage and ThinkMarkets CFDs Explained

let's take a look at some of the basics of using ThinkMarkets leverage.

ThinkMarkets offer CFD are a leveraged product for this example we describe ten times leverage.

So you have a ten thousand dollar position but you only tie up a thousand dollars a tenth of the value on your account. You have a situation where a small sum of money is controlling a much bigger financial position. This is your leverage.

So what effect does leverage have on your profits and losses well put simply it magnifies them in both directions.

ThinkMarkets leverage magnifies both profits and losses when trading.

Let's say for example you buy ten thousand dollars worth of General Electric (GE) using contracts for difference ( CFDs ) using the ThinkMarkets trading platform.

let's say General Electric (GE) rises 10% because its results are positive your position which was worth ten thousand dollars is now worth $11,000.

It's grown by $1000 10% in value this represents a hundred percent increase on the funds initially committed on your leverage CFD trade.

Our initital investment of ten thousand dollars for the trade and has made a thousand dollars in profit because the price is up ten percent.

The ThinkMarkets leverage goes both ways. If General Electric (GE) Falls 10% on week results your position which was worth ten thousand dollars is now worth only nine thousand dollars. It has fallen by a thousand dollars.

ThinkMarkets CFDs are typically used for short to medium term trades. For example ThinkMarkets intraday trading.

Limit Risk When Trading with ThinkMarkets Stop Loss, ThinkMarkets Stop Limit Orders

A stop-loss order is an order placed with a broker like ThinkMarkets to buy or sell once the stock reaches a certain price. A stop-loss is designed to limit a traders loss on a security position.

Most traders need to use stop losses to protect themselves from huge risk unless the trade is hedged against another trade or the trader is not using leverage. Circumstances differ depending on the trade and the markets.

Education resources at ThinkMarkets

To trade effectively with ThinkMarkets, it's important to get a have a good understanding of the ThinkMarkets trading tools and the markets.

ThinkMarkets offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with ThinkMarkets.

Take time to look around the ThinkMarkets platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at ThinkMarkets

ThinkMarkets support a wide range of languages including English, Chinese, and Japanese

ThinkMarkets have a double AA grade support rating because ThinkMarkets offer live chat and email support in multiple languages.

Livechat Support at ThinkMarkets

We tested the ThinkMarkets live chat and it works well. We sent messages to ThinkMarkets livechat through their app and website and recieved a response within 30 seconds.

We tested communicating with ThinkMarkets support in multiple languages in multiple countries. ThinkMarkets where able to quickly resolve our customer issues.

Email Support at ThinkMarkets

We sent several emails to ThinkMarkets and answer times overall were excellent. The fastest response from ThinkMarkets was less than 15 minutes and the slowest response was 7 hours. Support response times may vary for you with ThinkMarkets, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall very good email support from ThinkMarkets.

Phone Support at ThinkMarkets

We called ThinkMarkets and the call was answered very quickly. The call was answered in less than 5 minutes.

The ThinkMarkets phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual ThinkMarkets team by calling in varying languages. ThinkMarkets made an effort to make sure our queries were answered.

Overall great phone support from ThinkMarkets.

See how ThinkMarkets Support Compares Against Other Brokers

Broker ThinkMarkets eToro IC Markets Trading212
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, Chinese, and Japanese English, German, Spanish, French, and Italian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, РУССКИЙ, Romana, Turkce, العربية, 中文
Learn More Visit ThinkMarkets Visit eToro Visit IC Markets Visit Trading 212
Risk Warning Losses can exceed deposits 75% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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.

What you will need to open an account with ThinkMarkets

As ThinkMarkets is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

Be aware Please kindly note that the expiration date of Proof of address document for different entities under ThinkMarkets Brand may be different.

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 3 minutes or so to complete the account opening process.

While you might be able to explore ThinkMarkets's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with ThinkMarkets you can visit the ThinkMarkets trading platform here.

CFDs are leveraged products and can result in the loss of your 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 as investment advice. All information collected from https://www.thinkmarkets.com on 12th August 2018.

ThinkMarkets review
Watch this ThinkMarkets Explainer Video

ThinkMarkets review
Is ThinkMarkets A Good Broker?

We spent over 3 months examining ThinkMarkets in depth. Although ThinkMarkets are not perfect we found many really useful aspects with the overall offering from ThinkMarkets. Our personal experience of trading with ThinkMarkets was very good. Weighing up many points ThinkMarkets is a good broker.

  • ThinkMarkets have a good track record of offering Forex, CFDs.
  • ThinkMarkets has a history of over 10 years.
  • ThinkMarkets has a reasonable sized customer support of at least 10.
  • ThinkMarkets are regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC). This means ThinkMarkets fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • ThinkMarkets have regulation from a Tier 1 reputable country.
  • ThinkMarkets has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • ThinkMarkets have an international presence in multiple countries. This includes local ThinkMarkets seminars and training.
  • ThinkMarkets are able to hire people from various locations in the world who can better communicate in your local language.

ThinkMarkets Risk Disclaimer

Losses can exceed deposits

ThinkMarkets review
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.

If you feel some of the above ThinkMarkets are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of ThinkMarkets alternatives below.

ThinkMarkets review
Related ThinkMarkets Vs Comparisons

We have covered allot in this ThinkMarkets review, If you want to see how ThinkMarkets compares side by side with other brokers check out our ThinkMarkets Vs pages.

If you would like to see how ThinkMarkets stands up against other brokers you can read some of our ThinkMarkets comparisons below. We compare side by side some of our top rated ThinkMarkets versus comparisons. Read our indepth ThinkMarkets VS pages below.

ThinkMarkets review
THINKMARKETS Frequently Asked Questions

Can I try ThinkMarkets before I buy?

ThinkMarkets offer a demo account so you can try the ThinkMarkets platform before you put down a payment. Learn more here

What funding methods do ThinkMarkets accept?

Please note that the list of payment methods below depend on the ThinkMarkets Entity and the Clients Country of Residence.

ThinkMarkets offer the following funding payment methods accept Credit cards, Bank Transfers, Payoneer, Neteller, Wire Transfer, among other payment methods.
Learn more here

Losses can exceed deposits

Is ThinkMarkets safe?

ThinkMarkets are considered safe as they are regulated by and checked for conduct by the Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC). 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 banks financial health and strength.

Is ThinkMarkets trading good?

ThinkMarkets is considered good and reputable to trade with. ThinkMarketsThinkMarkets is used by over ThinkMarkets active traders. ThinkMarkets offers Forex trading, and CFDs trading. Minimum deposit with ThinkMarkets is 250.

Is ThinkMarkets trading Legit?

ThinkMarkets was founded in Australia in 2010. ThinkMarkets has been facilitating trade on the financial markets for over 10 years. ThinkMarkets offers clients Forex trading, and CFDs trading. All funds deposited to ThinkMarkets are held in segregated tier 1 bank accounts for security. ThinkMarkets is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) so can be considered legit.

Is ThinkMarkets a good broker?

ThinkMarkets is overseen by the top tier financial regulators Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) so can be considered a good broker. ThinkMarkets allows Forex trading, and CFDs trading.

Is ThinkMarkets trustworthy broker?

ThinkMarkets can be considered trustworthy. All money funded to ThinkMarkets is placed into a segregated tier 1 bank account. this means your money in not held by ThinkMarkets directly but a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also ThinkMarkets is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC).

What is the minimum deposit for ThinkMarkets?

The minimum deposit to trade with ThinkMarkets is 250.

How long do ThinkMarkets withdrawals take?

Withdrawing money from ThinkMarkets processing time varies but averages 2-5 days.

Is ThinkMarkets regulated?

ThinkMarkets is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC).

Is ThinkMarkets a market maker?

ThinkMarkets is a market maker. Stocks, currency and other commodities and instruments will be purchased by ThinkMarkets even if no buyer is lined up.

How can I start trading with ThinkMarkets?

When opening a trading account with ThinkMarkets, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on ThinkMarkets trading platforms here.

Is my money safe with ThinkMarkets?

ThinkMarkets is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC). One of the most important criteria for traders when choosing a broker like ThinkMarkets is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to ThinkMarkets, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is ThinkMarkets a con?

ThinkMarkets is regulated and well established having been in business for over 10 years. ThinkMarkets is definitely 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. Losses can exceed deposits.

Does ThinkMarkets have fees?

ThinkMarkets doesn't charge withdrawal fees. ThinkMarkets doesn't charge inactivity fees. ThinkMarkets does charge deposit fees.

When was ThinkMarkets founded?

ThinkMarkets was founded in 2010.

How many people use ThinkMarkets?

ThinkMarkets is used by over 10000 registered traders.

What is ThinkMarkets Headquarters country?

ThinkMarkets has its head quarters office in Australia.

Does ThinkMarkets offer negative balance protection?

ThinkMarkets does not offer negative balance protection. With Negative balance protection means 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 guarenteed 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 offers STP trading.

How many people use ThinkMarkets?

ThinkMarkets is used by over 10000 traders.

Is ThinkMarkets an ECN broker?

ThinkMarkets offers ECN trading.

Does ThinkMarkets offer a demo account?

ThinkMarkets offers a demo account.

Does ThinkMarkets offer an Islamic account?

ThinkMarkets offers a Islamic accounts.

What are the funding methods for ThinkMarkets?

ThinkMarkets accept the following funding methods : Credit cards, Payoneer, Neteller, UnionPay, Bank Transfer.

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 editor 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 experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, 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