In this ThinkMarkets Review, we are going to take a look at the offer that this broker prepared for its traders. ThinkMarkets is regulated by the ASIC in Australia and by the FCA in the UK. ThinkMarkets operates on the financial market since 2010. When it comes to trading platforms, the broker features ThinkTrader, MT5 and MetaTrader 4. The ThinkMarkets minimum deposit is 0 USD.
Between 74-89% of retail investor accounts lose money when trading CFDs You should consider whether you can afford to take the high risk of losing your money
Basic information from this ThinkMarkets Review
| Website address: | https://www.thinkmarkets.com/ |
| Operated by: | TF Global Markets Int Limited, TF Global Markets (UK) Limited, TF Global Markets (Aust) Limited, TF Global Markets (South Africa) (Pty) Ltd |
| Licensed and authorised by regulatory bodies: | ASIC FCA FSCA FSA |
| Supported languages: | English, German, Spanish, Italian and Portuguese |
| Customer support available via: | E-mail, phone, live-chat |
| Contact details: | [email protected] +44 203 514 2374 |
| Available deposit methods: | Debit and Credit Cards, bank transfer, Neteller, Skrill, BitPay |
| Available withdrawal methods: | Debit and Credit Cards, bank transfer, Neteller, Skrill, BitPay |
| Minimum deposit: | 0 USD |
| Min. trade in lots: | 0.01 |
| Spreads: | Typical spread on the currency pair EUR/USD - 1,2 pips * on standard account type |
| Tradable assets: Might be a CFD. | Forex (40), commodities (6), indices (15), cryptocurrencies (4) |
| Demo: |  |
| Mobile app: | |
| MetaTrader 4: | |
| Other trading platforms: | ThinkTrader, MT5 |
| Social trading: | |
ThinkMarkets Fees (typical spreads)
We have scanned fees (typical spreads) that ThinkMarkets charges when trading popular currency pairs, here is their breakdown in pips.
| EUR/GBP | EUR/USD | USD/CHF | EUR/JPY | GBP/USD | USD/JPY |
|---|---|---|---|---|---|
| * | 1,2* | * | * | * | * |
*Typical spreads were recorded on 07.06.2019 at 08:36 for the standard account. ThinkMarkets spreads in the table above serve as illustrative examples only as they for instance, may change according to the market conditions.
Random reviews of competing FX & CFD brokers: GMIMarkets, ABinvesting, KhweziTrade and KAB
Frequently Asked Questions
🧐 Is ThinkMarkets a Scam?
ThinkMarkets is a broker licensed and regulated by the ASIC, FCA, FSCA and FSA. While regulation gives to brokers much needed credibility, it still does not mean every regulated broker is honest. In order to be sure that ThinkMarkets is not a scam, read our trader reviews and check other popular trading related websites and forums.
🆓 What is the ThinkMarkets minimum deposit?
In order to start trading with ThinkMarkets, you have to deposit at least 0 USD.
📵 What deposit and withdrawal methods ThinkMarkets supports?
⚖️ Would you recommend me choosing ThinkMarkets?
We don’t have our own personal experience with ThinkMarkets. However, because the broker is regulated by the ASIC, FCA, FSCA and FSA, there is a high chance that it is not a scam. With that being said, it still does not mean that ThinkMarkets is the best option, as there are also hundreds of other regulated brokers with similar or even better trading conditions.
Should you be looking for a highly reliable broker featuring forex trading and CFDs, you can get your hands on our marketing broker Etoro – (77% of of retail investor accounts lose money when trading CFDs with this provider), which is a CySEC regulated company that allows trading from as little as $50 and charges highly competitive fees on all assets.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs
You should consider whether you can afford to take the high risk of losing your money ¹ Variable spreads, spreads recorded for the EUR/USD on 11.01.2024 at 11:42 GMT.
