ThinkMarkets Review 2025 Trade using the latest technologies
The broker also provides a variety of programs for all kinds of traders. ThinkMarkets helps to ensure that the individual needs of all online traders are met to the best of their ability. Our full ThinkMarkets review for beginners covers all you need to learn thinkmarkets broker review about trading with ThinkMarkets.
Account
ThinkMarkets has a trust score of 81, based on the broker’s regulation, reputation, and reviews. Use the calculator below to compare ThinkMarkets’ trading costs with competitors such as Pepperstone, Eightcap and CMC Markets, adjusting for trade size, currency pair, and base currency. Our broker reviews are reader supported and we may receive payment when you click on a partner site. With the daily, weekly, and monthly reports, you can see your trade history at a glance, or you may choose a timeframe of your own.
We ensure transparency by incorporating regulator data and user insights. Our in-depth reviews consider over 200 metrics across seven key categories. The radar chart to the left shows how important each category is when calculating a broker’s final score. ThinkMarkets’ MT4 and MT5 apps allow traders to work from anywhere, with nine timeframes, 30 indicators, and interactive currency charts. Functionality to close and modify existing orders, calculate profit/loss in real-time, and tick chart trading further empowers traders while on the move.
- ThinkMarkets offers a range of articles categorized by difficulty levels for beginners, intermediate, and advanced traders.
- Samuel was super helpful and fixed my issue and Thinkmarkets rocks my trading world is such a good way.
- However, for higher amounts, this figure is set at 0.05% of the total trading volume.
- Deposits made with credit card and debit card may reflect instantly, while bank transfers typically take between 1 to 3 business days.
- It’s worth mentioning that ThinkMarkets offers commission free CFD trading as well.
Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically. 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.
Traders Trust Review
With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape. No, ThinkMarkets does not accept clients from the United States, Canada, Japan, and other restricted jurisdictions due to regulatory requirements. Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004. Justin has published over 100 finance articles from Forbes, Kiplinger to Finance Magnates.
Platforms
Charles Schwab has ensured this trading platform remains a flagship product, packed with exceptional market analysis capabilities, real-time data streaming, and professional-grade research tools. Our thorough Thinkorswim review discovered that while the platform excels in functionality, new users might need time to master its features. You can trade major, minor and exotic FX currency pairs with no minimum deposit on the standard account or a $500 minimum deposit on the ThinkZero account. As FX currency pairs are always moving, they present plenty of trading opportunities.
Excellent trading experience
The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements. ThinkMarkets are a reputable trading platform that has been operating for over 15 years. Together with everything, ThinkMarkets has multiple benefits to new and verteran traders and should be investigated.
The amount will reflect in your account after one to three business days. To avail of and continue using the ThinkZero account, you will need to deposit a minimum of $500. Once the documents you sent have been verified, simply add funds to your account, and you can start trading with ThinkMarkets. Their website also features an economic calendar to guide you through essential market events. Lastly, they also host live webinars that are held almost weekly.
Each of these accounts has its peculiar features and in this section of the review, we will go into detail regarding what to expect from these account types. For CFD stocks, the only fees charged by ThinkMarkets are the spreads and an overnight funding charge. However, for traders based in Australia who wish to buy and sell real shares, there is an attached fee of $8 per trade for trades less than $200,000. For individuals that opt for a phone order, ThinkMarkets charges $27.50. ThinkMarkets is an online Contact for Difference (CFD) broker established in 2010 with its headquarters in London.
If you value a secure, well-regulated platform with a diverse range of offerings and educational resources, ThinkMarkets deserves your consideration. However, if you prioritize a wider selection of cryptocurrencies or are a risk-averse beginner, you might want to explore other options before making your final decision. ThinkMarkets provides demo accounts for the convenience of new traders.
- ThinkMarkets offers its customers several step-by-step guides to help them understand CFD trading better.
- However, owners of this account type will be required to pay an administrative fee for cryptocurrency positions held beyond one week.
- The benefit of brokers offering third-party platforms such as MT4 and MT5 is that traders can use the platforms should they choose to migrate to another broker.
- They may be used to improve your trading knowledge and abilities.
- The articles cover many topics – from basic trading principles to more complex technical and fundamental analysis aspects.
- Users can customize the reception of signals to match their trading style and risk appetite.
API trading
ThinkTrader is ThinkMarkets’ proprietary trading platform that offers a range of powerful features and analytical tools. It allows closing all positions with a single click and offers over 125 indicators, 50 drawing tools, and 20 chart types. The platform ensures smooth trading on the web, mobile devices, and tablets with a single account and unified interface. The broker does have a selection of trading tools that can be used to assist with your trading and to keep up to date with the latest market news. I do feel that the provided platforms should have more than enough tools for most traders to conduct in-depth market analysis. However, if you like to have more tools at your disposal, you won’t be disappointed.
Market Analysis
FxScouts is committed to ensuring protection of all personal information that we hold, and to provide and to protect all such data. We recognize our obligations in updating and expanding this program to meet the requirements of GDPR. FxScouts is dedicated to safeguarding the personal information under our control and in maintaining a system that meets our obligations under the new regulations. ThinkMarkets educational materials are excellent compared to other brokers. ThinkMarkets allows accounts to be denominated in USD, EUR, GBP, AUD, JPY, CHF, CAD, ZAR, SGD and NZD.