Also, the MetaTrader platforms use a one-time-password to provide an additional layer of security. The multitude of tools are all designed to help traders boost revenue and minimise losses. Overall, we’re satisfied the broker is highly regulated and trustworthy. For security reasons, the withdrawal and deposit method must be the same. Withdrawals are normally processed within 24 hours but may take up to seven working days. For withdrawals via bank transfer, the minimum withdrawal amount is $/£100.
Established in 2010, ThinkMarkets is an innovative, market leading provider of online trading services. Today ThinkMarkets is a multi-regulated broker with offices across the globe including Australia, Asia, Japan, Europe, UK, UAE, South Africa and clients in more than 165 countries. ThinkMarkets do not charge customers any fees when making deposits and withdrawals from their trading accounts.
Open a ThinkTrader account
If you have traded with ThinkMarkets we would really like to know about your experience – please submit your own review. This average customer rating is based on 4 ThinkMarkets customer reviews submitted by our visitors. A self-service FAQ client portal and online query form are also available on the broker’s website. Note the broker does not use an ECN model and is primarily a market maker.
We’re also pleased to see that ThinkMarkets has bolstered its web platform by integrating TradingView, providing a powerful charting package for serious day traders. Users can track 8 charts simultaneously, create custom views, set up shortcuts for a smoother trading experience, and adjust settings across multiple charts in one click. 71.89% of retail investor accounts lose money when trading CFDs with this provider. ThinkMarkets is a trustworthy broker offering trading in forex and CFDs. Users can choose between MT4 and MT5, plus the broker’s ThinkTrader platform. This, along with low trading fees and over 4000 instruments makes the ThinkMarkets group an attractive proposition.
Trade on MetaTrader 5 with ThinkMarkets
Also, ThinkMarkets has a £1 million insurance protection plan. ThinkMarkets offer a full-service mobile app called ThinkTrader, which is available to download for iOS and Android devices. Previously Trade Interceptor, ThinkMarkets has enhanced the platform to provide a superior mobile trading experience. The app has since been rated five stars by over 15,000 users. With the ThinkZero spread account, there is a $3.5 commission per side of 100,000 (£2.5 units per side in the UK).
DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. Compare ThinkMarkets with the top 3 similar brokers that accept traders from your location. The maximum leverage available depends upon the type of account (retail /professional) and the ThinkMarkets entity.
Where are ThinkMarkets Data Centres Located?
ThinkTrader allows spread betting with all its instruments except for cryptocurrency. Spreads for EURUSD starts from 0.8 pip, and leverage is the same as for CFDs. ThinkMarkets offers competitive spreads for both its Standard Account and ThinkZero Account types. Standard account spreads are wider, as there are no commission costs. ThinkZero spreads, on the other hand, have ECN pricing and can be as low as 0.0 pips.
Spreads are variable and start from zero pips on major FX pairs, such as the EUR/USD and GBP/USD. You can share ideas and insights with a budding network of 70 million aspiring traders. Execute trades instantly from your TradingView charts for a smoother, faster trading experience. Take advantage of price fluctuations on global currency pairs without owning the underlying asset. Benefit from some of the industry’s tightest spreads on popular FX pairs.
See our spreads in real time
Trade directly on one of the world’s leading charting platforms while enjoying ThinkMarkets’ superior trading conditions. To trade with ThinkMarkets, there is no minimum deposit requirement to open an account however clients will need to make a deposit of £/$500 to trade. If you are looking to get your skin in the trading game but don’t know much about forex or other CFD product, then social trading can be a solution. With this type of trading, you can copy the trades of other fusion markets review successful traders.
Another advantage of using MT5 over MT4 includes the trading platforms for customer support. With MT4’s customer service being phased out, less help is available for those with trading platform issues or queries. Although spreads are wider than a ThinkZero trading account, Standard Accounts are an excellent option for beginner traders wanting to avoid complex commission fee calculations. We found ThinkMarkets’ (formerly called ThinkForex) most appealing feature is their award-winning ThinkTrader trading app.
TradingView
As spreads are tight and commissions are low, the ThinkZero account is suitable for day trading, scalping and for traders using Expert Advisors. A choice of trading platforms, thousands of instruments, and low fees make the group suitable for beginners and veterans. The broker is also highly regulated with a long list of positive reviews from customers worldwide. Trade on one of the leading trading platforms and access advanced charting tools and automated trading capabilities. If you’re into scalping, day trading, or creating automated trading strategies, the ThinkZero account offers ECN-style pricing and trading conditions. On the other hand, newcomers might find ThinkMarkets’ standard account appealing because of its straightforward setup and no extra commission charges.
This commission applies to FX and Metals only and ThinkZero accounts are available on MetaTrader 4 and MetaTrader 5 platforms. Trade with raw spreads from as low as 0.0 on forex and access ultra-tight spreads on all other products. Trade on MetaTrader’s latest trading platform and access one of the most powerful platforms with over 1,800 tradable instruments.
Spreads & Commissions
- Trade with raw spreads from as low as 0.0 on forex and access ultra-tight spreads on all other products.
- This, along with low trading fees and over 4000 instruments makes the ThinkMarkets group an attractive proposition.
- Islamic trading accounts do not pay and receive swap rates derived from interest rates and instead pay a flat rate fee for open positions.
- Experience the power of two mobile-optimized trading platforms tailored to fit your trading style.
They also offer prices on 3 energy contracts (US Crude Oil, Brent Crude Oil and Natural Gas). ThinkMarkets offers ZuluTrade, a copy trading tool that you can integrate with MT4. With this platform, you pick and follow a trader in the ZuluTrade community and then ig broker review set your strategy filters such as lot size and risk management.
Built for traders of all levels and experience, MT4 is a simple and reliable trading platform. Customers of ThinkMarkets can choose between generous amounts of CFD instruments spread across 8 asset classes. Access one of our most popular trading accounts and trade up to 4,000 instruments across seven global markets. Access our most popular trading account with zero commission and tight spreads across seven markets.
Experience the power of two mobile-optimized trading platforms tailored to fit your trading style. ThinkCapital provides leveraged funding for nearly unlimited upside, helping traders achieve their financial goals. Trade on an award-winning platform via web or app, featuring advanced charting and innovative trading tools. ThinkMarkets offers you the opportunity to diversify your trading portfolio and trade on a range of 8 metal pairs and 3 energies.
- The maximum leverage available depends upon the type of account (retail /professional) and the ThinkMarkets entity.
- Other features include top regulation and low spreads with their ThinkZero account.
- Trade with confidence backed by ThinkMarkets, a multi-regulated broker offering unparalleled security.
- Also, ThinkMarkets has a £1 million insurance protection plan.
Popular in the UK because of its capital gains saving, spread betting allows you to speculate on price movements in a range of markets. Spread betting differs from CFD trading as traders do not own contracts of the underlying assets. The award-winning mobile program offers thousands of markets, in-app chat support, plus a legacy fx review breadth of analysis tools and technical indicators. The MT4 platform can be downloaded to your PC free of charge. The platform promises fast trade execution, over 100 indicators, and one-click-trading. The MT4 system also comes with a host of superb apps and additional features, including free access to Trading Central, a VPS, and FXWirePro.
To avoid a margin call, make sure you have enough capital in your account. You can open positions in full, mini and micro lots, meaning it’s possible to trade even with a small amount of capital.