ThinkMarkets Review 2023 Investing com AU

ThinkMarkets Review 2023 Investing com AU

With ThinkMarkets, traders can utilize the MT4, MT5, and ThinkTrader platforms. It’s important to note that some assets are not available on other platforms. Double-check if the platform you prefer has the asset you want to trade. ThinkMarkets offers three metals divided into seven different tradeable assets. Here is a table of all the metals offered as well as their trading conditions. ThinkMarkets has a Margin Call Policy that is being implemented on forex, indices, and energy assets.

It covers a range of topics on market psychology and technical analysis, including indicators and chart patterns. ThinkMarkets’ trading tools are excellent compared to other similar brokers. Both ThinkMarkets and IC Markets offer exceptional MetaTrader 4 experiences. However, IC Markets slightly edges out with its advanced tools and customisation options. If you’re keen on exploring more about this platform, here’s a list of the Best MT4 Forex Brokers.

IC Markets: Superior Educational Resources

These measures help ensure the stability and integrity of the trading platform. Overall, ThinkMarkets prioritizes the reliability and security of its services, providing traders with peace of mind while engaging in their financial activities. ThinkMarkets is a well-regulated broker with extensive tools for market analysis and access to educational material for beginner traders. The broker provides great customer support that is available 24/7, and traders have access to trading various asset classes through MetaTrader 4, MetaTrader 5, and ThinkTrader. ThinkMarkets’ Standard account is ideal for retail traders with smaller capital.

ThinkMarkets Trading platforms

ThinkMarkets offers a number of useful trading tools, including Autochartist, Trading Central, a VPS service, MyfxBook Autotrade, and the Zulutrade app for social trading. Indian traders will be trading under the subsidiary, Think Capital Limited, authorised and regulated by the BMA. A well-respected regulator, the BMA ensures that ThinkMarkets keeps all client funds segregated from company funds in top-tier banks. It also ensures that ThinkMarkets is audited regularly to ensure that clients are being treated fairly. They are renowned for their tight spreads, especially during major trading hours. For instance, their average EUR/USD spread is notably competitive.

ThinkMarkets Guide – Read our In Depth 2025 ThinkMarkets Review

  • The company is still owned and operated by its co-founder Nauman Anees.
  • The ECN-like account type provides an institutional trading environment with ultra-tight spreads and low commission fees.
  • ???? ThinkMarkets makes use of MetaTrader 4, MetaTrader 5, and ThinkTrader.
  • Support staff seemed to have a good understanding of the Australian share market and went out of their way to assist.
  • ThinkMarkets has a good selection of material for new traders, with training and basic how-to guides.

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. If you are a forex and CFD trader looking for a trusted broker, ThinkMarkets can be an ideal choice for your trading journey.

The platform supports monitoring up to four charts simultaneously, ensuring comprehensive market oversight. ThinkTrader is ThinkMarkets’ proprietary platform with more than 500,000 users and is available as a download for desktop, mobile, or tablet. Additionally, it can be accessed directly through web browsers, offering a seamless trading experience across devices. On ThinkZero accounts, $3.5 (£2.5 in the UK) commission per side (100,000) applies to FX and Metals only.

Margin rates vary depending on the ETF, and this ranges from 5% to 25%. We’ll also talk about its pros and cons to help you decide whether this broker is the right one for you. All traders ask the same questions when choosing the right broker for them. Naturally, traders would want a broker who’s trustworthy and straight to the point.

Mobile Trading on ThinkMarkets

It also does not have any investor protection scheme for non-UK/EU traders. Additionally, ThinkMarkets does not offer any real stocks or cryptocurrencies; it offers only forex and derivatives. ThinkMarkets is a financial broker that operates under the oversight of several regulatory bodies in different regions.

Reviews4.6

On the other hand, the broker charges traders with inactivity fees. Traders can use live chat, phone or email to get in touch with the ThinkMarkets multilingual customer support https://traderoom.info/think-markets-introduction/ team. The broker also provides access to more than 3,500 CFD shares and 352 ETFs to speculate on. You can start trading on the world’s biggest companies with a margin starting from 5% and the ability to go both long and short without actually owning the underlying physical stock. Using MetaTrader 5 gives you access to the full range of stocks, you can still use MT4 but only the major stocks for each market is available.

ThinkMarkets Review in 2025 Spreads & Fees Compared

ThinkMarkets Review in 2025 Spreads & Fees Compared

With greater instrument availability and more trading tools available, IC Markets is the superior choice for MetaTrader 4 users. We update our data regularly, but information can change between updates. Confirm details with the provider you’re interested in before making a decision. For instance, if you bought $20,000 worth of shares in a company and sold $20,000 in another company, you’d pay just $16 in total on ThinkMarkets.

MT4 and MT5 are freely available on both Android and IOS mobile phones and tablets. The advantage of using the MetaTrader platform is the cross-device and multi-broker functionality, making it easier to change brokers or use multiple brokers. 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.

Is there a minimum deposit required for share trading with ThinkMarkets?

Technical language and terminology can be confusing with brokers like ThinkMarkets.Choosing or shortlisting a trading platform like ThinkMarkets can be time consuming. ThinkMarkets has achieved an average rating of 3.18 out of 5 on Forex Peace Army (FPA). We’ve observed numerous brokers on FPA, and most brokers tend to have lower ratings. There is a complaint that FPA does not approve all positive reviews and only approves negative ones for the sake of their business. To understand the real reviews, traders should focus on the content of the reviews.

Trusted Broker Reviews

Overall, because of its strong international regulation, wide industry acclaim, and long history of responsible behaviour, we consider ThinkMarkets a safe broker to trade with. This brand awareness might explain why IC Markets has more Trustpilot reviews than ThinkMarkets. IC Markets has around 20 thousand reviews with a score of 4.9 stars.

  • Whereas with CommSec (Australia’s largest broker), you’d pay $59.90 total.
  • ThinkMarkets offer educational resources which include Trading Academy, Videos.
  • ThinkMarkets is a comprehensive online broker that caters to traders in over 100 countries across Europe, Asia, Australia, New Zealand, Africa, and South America.
  • ThinkMarkets offers a range of tradable instruments, including CFDs on stocks, commodities, cryptocurrencies, Forex, indices, and metals.
  • Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.
  • As more traders use MT4 than any other, it is no surprise the platform has a much larger library of Expert Advisors (EAs) than other platforms.

ThinkMarkets Review Of 2025

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. 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. With an intuitive, user-friendly interface, ThinkTrader enables traders to manage multiple financial assets seamlessly.

Learn to trade with ThinkMarkets

Alongside a basic Economic Calendar, ThinkMarkets has a Market News section featuring a stream of https://traderoom.info/think-markets-introduction/ market analysis. This analysis is updated every few days and is of high quality, though we would like to see daily market updates across the major pairs. 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.

What Broker is Superior For UK Forex Traders?

For seasoned traders looking for advanced tools, tight spreads, and a wide range of CFD markets, IC Markets stands out as the superior choice. Their offerings cater to the needs of high-volume traders and those seeking more sophisticated trading strategies. In the world of online trading, customer service plays a pivotal role. Traders often find themselves in situations where they need immediate assistance, be it for technical issues, account queries, or even market insights.

Account segregation is an important safety feature because it helps to protect traders’ funds in case the broker goes bankrupt. ThinkMarkets Australian brokerage services are located in Melbourne and regulated by the Australian Securities and Investments Commission (ASIC). While forex spreads can be as low as 0.0 pips during times of market volatility, average spreads are 0.1 pips for many major currency pairs. Spreads for Cryptocurrency one of the best I have had and swap fee also good. Customer service and tech support via phone which I prefer is quick and queries sorted straight away. This is the only Company I have been with that I have been able to recover my trading losses quickly, so am not afraid to close a trade that went against me.

ThinkMarkets operates a “return to source” policy, meaning that withdrawals must be made via the same method and the same account as the original deposit. Overall, because of its strong international and local regulation, wide industry acclaim, and long history of responsible behaviour, we consider ThinkMarkets a safe broker to trade with. Cryptoasset investing is highly volatile and unregulated in some EU countries. We hope you found our review of the ThinkMarkets brokerage firm useful. ThinkMarkets reserves the right to charge inactivity fees.ThinkMarkets doesn’t charge deposit fees. Please note that the list of payment methods below depends on the ThinkMarkets Entity and the client’s Country of Residence.