ThinkMarkets Review 2024 (Expert Review)

ThinkMarkets Review Summary

ThinkMarkets offers a variety of trading options, including Forex and CFDs. You can also trade CFD stocks. The trading user interface of ThinkMarkets is straightforward, but will take a few weeks to learn effectively. All you need to do is sign up on the website, set up your account, and deposit a small amount of money. ThinkMarkets offers a free demo account with over 25 thousand euros in practice money. The demo account uses prices and spread activities identical to the live accounts. You can use the account for an unlimited time, but it will expire after three months. You'll also be able to use the same trading tools and features as your live account. The company offers multiple platforms and allows you to trade using the platform that works best for you.

ThinkMarkets review
ThinkMarkets Platform Features

ThinkMarkets main features and highlights
๐Ÿ—บ๏ธ Country of regulation Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Financial Sector Conduct Authority (FSCA), Financial Services Authority Seychelles (FSA), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, TF Global Markets (AUST) Limited is the holder of Australian Financial Services License number 424700, TF Global Markets (South Africa)(Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835),TF Global Markets Int Limited Is authorised and regulated by the Financial Services Authority Firm Reference Number SD060
๐Ÿ’ฐ Trading fees No
๐Ÿ’ฐ Inactivity fee Yes
๐Ÿ’ฐ Withdrawal fee No
๐Ÿ’ฐ Minimum deposit 0
๐Ÿ•– Time to open a ThinkMarkets account 1-3 Days. *A ThinkMarkets demo account can be opened in a few minutes, but live ThinkMarkets trading account creation times will vary depending on how long it takes to process your ThinkMarkets KYC documents.
๐Ÿ’ณ Wire Transfer No
๐Ÿ‘› Depositing with electronic wallet No
๐Ÿ’ฑ Number of base currencies supported 10
๐ŸŽฎ Demo account provided Yes
๐Ÿ›๏ธ Financial Instruments offered Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, Energies, Metals,

ThinkMarkets review
ThinkMarkets Financial Regulation

ThinkMarkets is regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Financial Sector Conduct Authority (FSCA), Financial Services Authority Seychelles (FSA), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, TF Global Markets (AUST) Limited is the holder of Australian Financial Services License number 424700, TF Global Markets (South Africa)(Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835),TF Global Markets Int Limited Is authorised and regulated by the Financial Services Authority Firm Reference Number SD060.

ThinkMarkets review
ThinkMarkets Pros And Cons

Regardless of how you trade, there is always a risk to online trading, as well as some key advantages to using such a method. Below are some key pros and cons. The pros of using ThinkMarkets include a large choice of assets that are available to be traded 24/7; and a modern website and mobile app; video guides and chart reading tools to help you carry out fundamental and technical analysis; community features to help you learn from and integrate with other platform users. On the other hand, the cons of using ThinkMarkets can be that the spreads offered on trading cryptocurrencies (Availability subject to regulation) are relatively wide; no mutual funds available to invest in; high risk meaning it is not often a suitable platform for new traders.

ThinkMarkets review
ThinkMarkets Advantages

One of the main advantages of using ThinkMarkets is around the clock service and support as well as research offerings. Not only this, but ThinkMarkets has reduced transaction costs and fees that are often associated with traditional brokerage firms. This provides users of ThinkMarkets with greater flexibility and more control - time is of the essence when trading, and where traditional brokers require appointments just to initiate a trade, trading with ThinkMarkets makes the process a lot quicker. Finally, users have the ability to monitor their investments in real time. ThinkMarkets offers stock quotes and trade information, making it easy for users to view how their investments are doing.

  • ThinkMarkets has been in business over 10 years.
  • ThinkMarkets offers Stock Trading.
  • ThinkMarkets offers Cryptocurrency Trading (Availability subject to regulation).
  • ThinkMarkets offers Neteller as a payment method.
  • ThinkMarkets offers Skrill as a payment method.
  • ThinkMarketsoffers Islamic Accounts.
  • ThinkMarkets offers Bitcoin Trading.
  • ThinkMarkets offers a Apple Mac desktop trading platform.
  • ThinkMarkets offers Hedging.
  • ThinkMarkets offers Scalping.

ThinkMarkets review
ThinkMarkets Disadvantages

Although ThinkMarkets has a lot of good points ThinkMarkets does not offer the below.

ThinkMarkets Review Risk Warning: 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. 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 review
Things to understand when trading with ThinkMarkets

Trading with ThinkMarkets involves risk. You should only risk capital with ThinkMarkets that you can afford to lose. Understand your risk tolerance with ThinkMarkets, and have a trading strategy that ThinkMarkets is able to help you execute. ThinkMarkets is a very accessible trading platform but you must take the time to be able to effective use the trading tools and financial instruments ThinkMarkets give you access too.

ThinkMarkets review
ThinkMarkets Trading Fees

Trading fees on ThinkMarkets are taken in the form of the spreads ThinkMarkets offers when buying and selling financial instruments like stocks, commodities, fiat currencies and indexes on ThinkMarkets. ThinkMarkets fees vary depending on the financial instruments traded and can include, ThinkMarkets overnight funding fees, spreads, margins and ThinkMarkets inactivity fees, currency conversion fees, and a spread for applying a guaranteed stop order. There may be some fees when transfering money to and from your ThinkMarkets account charged by your 3rd party payment provider if your ThinkMarkets base currency is different from your ThinkMarkets withdrawal method.

NameThinkMarketsIC MarketsRoboforex
Account FeesNoNoNo
Withdrawal FeesNoNoYes
Deposit FeesNo
Inactivity FeeYesNoNo
riskwarningTry Now

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. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money
Try Now

Losses can exceed deposits
Try Now

Losses can exceed deposits

ThinkMarkets review
ThinkMarkets Financial Instrument Fees

ThinkMarkets fees for Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, Energies, Metals, are listed below.

ThinkMarkets review
ThinkMarkets Stock Trading Fees

The majority of ThinkMarkets trading fees, commission is either a flat fee per trade or calculated based on the number of traded shares. Several brokers do also offer zero-commission trading for stocks, ETFs, and options. A ThinkMarkets stock trading fee is a brokerage fee that is charged when you buy or sell stocks. A trader may also pay commission or a fee for buying and selling other investments, like options or exchange-traded funds.

ThinkMarkets review
ThinkMarkets Forex Fees

Commission on ThinkMarkets Forex trading can either be a fixed fee (i.e., a fixed sum regardless of volume) or a relative fee: the higher the trading volume, the higher the commission. The amount of money that a trader is charged for ThinkMarkets Forex fees is based on their trade size. To calculate ThinkMarkets Forex fees, one would subtract the bid price from the ask price to find the spread. A Forex broker keeps this spread as their fee/commission.

ThinkMarkets review
ThinkMarkets Cryptocurrency Fees

Aside from the price of the cryptocurrency itself, each cryptocurrency exchange adds a fee for trading, when customers purchase and sell coins. ThinkMarkets cryptocurrency fees can vary, but most exchanges charge between 0.1% to 1% or more per trade. That means that if you've used $1,000 to invest in a certain crypto, the fee you will eventually pay for that transaction could be anywhere between $100 and $1,000. ThinkMarkets cryptocurrency fees include a fee for the Maker (which adds to the order book liquidity through limit orders) and Taker (which subtracts liquidity from an order book through market orders).

ThinkMarkets review
ThinkMarkets Non Trading Fees

ThinkMarkets non-trading fees include a variety of ThinkMarkets brokerage fees and charges that a trader will pay which are not related to buying and selling financial instruments using the ThinkMarkets trading platform. The most common non-trading fees include ThinkMarkets withdrawal fees, ThinkMarkets deposit fees and ThinkMarkets inactivity fees.

ThinkMarkets review
ThinkMarkets Deposit Fees

ThinkMarkets does not charge deposit fees. Some brokers charge a deposit fee for some payment methods, ThinkMarkets does not do this.

ThinkMarkets review
ThinkMarkets Inactivity Fees

ThinkMarkets does charge clients an inactivity fees for dormant ThinkMarkets trading accounts. A ThinkMarkets inactivity fee is a sum charged on ThinkMarkets brokerage accounts who have not met the minimum buying or selling amount of activity over a specific period. Brokers typically attempt to compensate for lack of commissions by charging inactivity fees.

ThinkMarkets review
ThinkMarkets Withdrawal Fees

ThinkMarkets does not charge withdrawal fees. Withdrawals fees vary between ThinkMarkets and ThinkMarkets alternatives depending on where you are located and how much money you are withdrawing.

ThinkMarkets review
ThinkMarkets Account Fees

ThinkMarkets does not charge account fees. Account fees charged differ between ThinkMarkets and other brokers. An account is a fee that ThinkMarkets and other brokers assesses on all accounts for the ability to keep an account on their platform.

ThinkMarkets review
ThinkMarkets Account Opening

The ThinkMarkets account registration process is simple, user-friendly, and quick. Within 1-3 Days most ThinkMarkets trading accounts are ready for live trades. Our ThinkMarkets account was validated in 1 day, but live ThinkMarkets trading account verification times will vary depending on the time it takes to process your KYC documents and ThinkMarkets trading account application. A ThinkMarkets demo account can be opened in a few minutes.

ThinkMarkets trading accounts are available in over 135 countries. ThinkMarkets is restricted in the following countries.

Apart from the restricted countries a ThinkMarkets trading account can be opened globally.

The ThinkMarkets trading platform is available for residents in US. Some financial instruments ThinkMarkets offer may be restricted in your country.

  • Fast ThinkMarkets account opening.
  • ThinkMarkets accounts can be opened and KYC can be verified digitally.
  • ThinkMarkets minimum deposit is 0 USD / GBP / EURO.
  • ThinkMarkets trading account verification may be held up for longer than a day if there is an issue with verifying your account.

ThinkMarkets review
ThinkMarkets Deposit And Withdrawal

ThinkMarkets Account Base Currencies

A base currency is the currency in which your account is denominated. In other words, it is the currency you use to trade. Base currencies are used for accounting purposes to refer to the currency in which an investor maintains their book of accounts. For foreign exchange market purposes, a base currency refers to the first currency in a currency pair and the second, the quote currency.

USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, NZD, CNH are supported by ThinkMarkets as account base currencies. However, in each country, only two or three account base currencies are accessible, usually the local currency plus USD. In the United Kingdom, for example, only GBP, EUR, and USD are accessible for UK traders.

ThinkMarkets offers the following account USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, NZD, CNH.

When trading make sure your ThinkMarkets trading account currency is the same currency as your withdrawal and deposit bank account otherwise there may be some additional currency conversion fees levied by your bank. ThinkMarkets has no control over the fees your bank may charge for currency conversions or withdrawals and deposits to from and to your bank account.

NameThinkMarketsIC MarketsRoboforex
Number Of Currencies10104
Base CurrenciesUSD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, NZD, CNHUSD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKD, NZDUSD, EUR, XAU
riskwarningTry Now

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. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money
Try Now

Losses can exceed deposits
Try Now

Losses can exceed deposits

ThinkMarkets review
ThinkMarkets Deposit Fees and Deposit Methods

Investors can log in to their ThinkMarkets trading account, type in their credit card information and the funds required will be posted in a number of business days. Investors can also transfer funds into their ThinkMarkets trading accounts from an existing bank account or send the funds through a wire transfer or online check.

ThinkMarkets Deposit Fees

Making a deposit on your ThinkMarkets account is free.

ThinkMarkets Deposit Methods

There are several methods through which you can deposit money into your ThinkMarkets account. One can use a credit or debit card and ThinkMarkets accepts payments from credit and debit cards provided by MasterCard and Visa. You can use PayPal, funding your ThinkMarkets account using a personal PayPal account. One can also use bank wire or electronic bank transfer. If you have enough funds in your respective account, your bank account will be debited while the equal amount will be deposited into your ThinkMarkets account. Funding methods for ThinkMarkets include Credit cards, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, BitPay,.

ThinkMarkets review
ThinkMarkets Withdrawal Fees and Withdrawal Methods

You can withdraw cash from your ThinkMarkets brokerage account if you have available funds. If you want to withdraw more than you have available as cash, you may need to close open ThinkMarkets positions before doing so. Remember that after you close your orders, you may have wait for the trade to settle before you can withdraw that money from your ThinkMarkets account.

NameThinkMarketsIC MarketsRoboforex
Funding MethodsCredit cards, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, BitPay,Credit Cards, VISA, MasterCard, Debit Cards, Visa, MasterCard, Bank Transfer, PayPal, Neteller, Neteller VIP, Skrill, Poli, Cheque, BPAY, UnionPay, FasaPay, QIWI, RapidPay, Klarna, Electronic wallets (eWallets), Broker to Brokers, Thai Internet Banking, Vietnamese Internet Banking,Credit cards, VISA, MasterCard, JCB, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Perfect Money, AdvCash, BPAY, China UnionPay, FasaPay, CashU, WeChat Pay, ecoPayZ, AstroPay, Sofort, Giropay, Poli, Wepay, iDEAL, Payoneer,
Withdrawal FeeNoNoYes
Deposit FeeNoVariesNo
riskwarningTry Now

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. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money
Try Now

Losses can exceed deposits
Try Now

Losses can exceed deposits

ThinkMarkets Fees When Withdrawing Your Account Balance

ThinkMarkets do not charge withdrawal fees. Some withdrawal fees are out of the control of ThinkMarkets and may be due to 3rd party payment providers and your account base currency.

ThinkMarkets Withdrawal Methods

Log into your ThinkMarkets trading account, which is connected to your bank account. Go to the section that says โ€œfundsโ€ or โ€œaccountsโ€ and click on it. You will be given two choices: either to add funds or withdraw funds. Click 'withdraw funds' to start transferring money from your ThinkMarkets account to your bank account. To withdraw money from your ThinkMarkets account you can use credit or debit cards. ThinkMarkets processes withdrawals to credit and debit cards provided by MasterCard and Visa. One can also use PayPal, as ThinkMarkets processes withdrawals to PayPal accounts. Finally, you can also withdraw funds straight to your bank account via bank transfer.

ThinkMarkets review
ThinkMarkets Trading Platforms

As there are a number of tradable financial instruments available on the ThinkMarkets trading platform. Before investing in the ThinkMarkets platform, there are important factors to consider. Some platforms are designed for the more advanced trader, thus offering more research and analytical tools. The ThinkMarkets platform has a demo account and educational resources, but it may not be designed for new traders so focuses less on those educational features. ThinkMarkets offer livechat, phone, and email support.

If you struggle with technology, you need to consider the level of support on ThinkMarkets is available. Another thing to consider is your financial goals. Make sure that a ThinkMarkets account fulfils these goals. Several platforms offer commission-free trading, but some require a minimum fee for opening an account.

There can also be additional fees, such as inactivity charges, withdrawals and transfers. Make sure that you have enough funds to trade via a ThinkMarkets account. Ensure that ThinkMarkets allows you to focus on the type of trading that you want to focus on.

Make sure ThinkMarkets is correct for your investment purposes. Markets change quickly, and you need to be able to execute an order instantly. on your platform. Before using ThinkMarkets, think about how easy it is to use for your personal needs. Does the ThinkMarkets platform offer real-time updates or delayed updates that are more informed? Remember to check if ThinkMarkets is well regulated, and what tradeable financial instruments ThinkMarkets has. Security is very important when it comes to trading with ThinkMarkets.

ThinkMarkets Web Trading Platform

A ThinkMarkets web trading platform is a piece of software that is used for trading. This includes opening, closing, and managing market positions through ThinkMarkets which acts as a financial intermediary. ThinkMarkets is a web trading platform through which Forex traders can open and close positions online, without downloading any software. Via a web browser, traders can follow Bid-Ask spreads, place Stop Loss and Take Profit orders, as well as track all past and current positions executed.

Mobile Trading Platform

Both Android and iOS devices are supported by the ThinkMarkets mobile trading platform.

ThinkMarkets Apple IOS Trading Platform

A ThinkMarkets iOS trading platform is the application software that enables investors and traders to place trades and monitor accounts through iOS apps on Apple devices, such as an iPhone.

ThinkMarkets Google Play Android Trading Platform

A ThinkMarkets Google Play trading platform is the application software that enables investors and traders to place trades and monitor accounts through Google Play apps on Android devices, such as an Android mobile smartphone.

ThinkMarkets review
ThinkMarkets Mobile Trading User Experience

ThinkMarkets mobile trading gives its users a platform to trade from anywhere in the world, as long as they have an internet or WiFi connection. The mobile trading app provides an ease of transacting while using a mobile device. This is because orders can be placed quickly and effortlessly. ThinkMarkets mobile trading refers to trading using a mobile phone.

Leading brokerages like ThinkMarkets offer mobile trading apps to their clients who are able to use them to trade and even monitor their entire ThinkMarkets portfolio. All an investor needs is a Web-enabled smartphone and a trading account with ThinkMarkets. Once you have download the ThinkMarkets trading app, you are ready to begin.

ThinkMarkets review
ThinkMarkets Desktop Computer Trading Platform

A ThinkMarkets computer trading platform is a software which one can use to research, place, monitor and edit trades on your desktop computer. You can choose from many platforms, including desktop platforms, trading apps, web-based platforms and third-party programs. The ThinkMarkets desktop computer trading platform is the software that enables investors and traders to place trades and monitor accounts through financial intermediaries. The ThinkMarkets desktop trading platform offers other features to its users, such as real-time quotes, charting tools, news feeds.

ThinkMarkets MetaTrader 4

MetaTrader 4, known as MT4, is a trading platform used by online retail foreign exchange traders. MetaQuotes Software developed and released this programme in 2005. The software is licensed to foreign exchange brokers who provide the software to their clients. It is a free-of-charge Forex trading platform, offering wide technical analysis options, flexible trading system, and algorithmic and mobile trading. MT4 is a popular online trading platform that can be used to automate one's trading. Its simple user interface provides users with access to advanced technical analysis and flexible trading systems.

ThinkMarkets MetaTrader 5

MetaTrader 5 is a free application for traders allowing to perform technical analysis and trading operations in the Forex and exchange markets. MetaTrader 5 is a multi-asset platform suitable for trading in the Stocks and Futures markets too. It is a multi-asset platform that allows trading Forex, stocks and futures, and it also offers superior tools for comprehensive price analysis. There are many benefits at MT5, as the platform represents an all-in-one concept, offers impressive analytical tools and a modern look with the allowance to open hundreds of charts and perform analysis through truly advanced institutional grade features.

ThinkMarkets PC Trading Platform

One needs a computer with high performing hardware if their plan is to be a full time trader using ThinkMarkets. A trading computer with access to a ThinkMarkets PC trading platform is a superior, extremely fast computer which is designed and customized to maximize a traders ability to interface with markets and make decisions in real time. There are four key ingredients to a great Trading Computer: speed, reliability, multiple monitors, and post-sale service & support.

ThinkMarkets Apple Mac Trading Platform

Apple Macs and MacBooks can easily handle the most important requirements when using the ThinkMarkets trading platform. This includes the ability to have multiple browser tabs or trading apps open, a high quality display or monitor (high definition Retina displays with True Tone technology, adjusting and adapting to ambient lighting), an accurate trackpad or mouse, lightweight design, and long battery life. Macs are easy to set up, start up, use and even maintain. A Mac can go from cold boot to live trading using just a couple of mouse clicks and in well under a minute. Therefore, the ThinkMarkets trading platform is very user friendly on a Mac device.

ThinkMarkets review
ThinkMarkets Trading Look And Feel

The ThinkMarkets user interface (UI) is what ThinkMarkets traders will see and interact with first when trading with the ThinkMarkets trading platform. The ThinkMarkets is well designed. The goal of the ThinkMarkets trading UI is to make the ThinkMarkets user's experience intuitive. The ThinkMarkets application has good user experience and a good level of customer satisfaction.

ThinkMarkets Security

ThinkMarkets is a secure trading platform. ThinkMarkets offers traders security via 2 factor authentication, SSL encription when trading with ThinkMarkets. ThinkMarkets trading accounts are masked and encrypted using cutting-edge encryption and masking technology to secure your personal and financial information when trading with ThinkMarkets. Rate limitation on ThinkMarkets suspicious account activities is another layer of protection that is provided for ThinkMarkets trading accounts, for example multiple failed login attempts with ThinkMarkets. You have the option to further safeguard your account by using ThinkMarkets Two-Factor Authentication (2FA), which provides an extra layer of security.

The ThinkMarkets trading infrastructure is constantly watched and guarded by a trained team at ThinkMarkets In addition, ThinkMarkets never send sensitive information without first encrypting on the ThinkMarkets trading platform using transport layer security (TLS) and SSL.

ThinkMarkets review
Placing A Buy Or Sell Order On ThinkMarkets

Available ThinkMarkets order types. # market, limit, stop, stop limit, Good until end of day / canceled.

ThinkMarkets Market Order

A ThinkMarkets market order is an order to buy or sell a stock at the market's current best available price. A market order usually ensures an execution, but it does not guarantee a specified price. Market orders are optimal when the primary goal is to execute the trade immediately. ThinkMarkets market orders are executed by a broker or brokerage service on behalf of clients who wish to take advantage of the best price available on the current market. ThinkMarkets market orders are popular as they are a fast and reliable method of either entering or exiting a trade.

ThinkMarkets Limit Order

A ThinkMarkets limit order is an order to buy or sell a stock with a restriction on the maximum price to be paid or the minimum price to be received. If the order is subsequently filled, it will only be at the specified limit price or better. However, having said this, there is no assurance of execution.

ThinkMarkets Stop Order

A ThinkMarkets stop order, also referred to as a stop-loss order, is an order to buy or sell a stock once the price of the stock reaches a specified price, known as the stop price. When the stop price is reached, a stop order becomes a market order. A sell stop order is entered at a stop price below the current market price. If the stock reaches the stop price, the order becomes a market order and is filled at the next available market price.

ThinkMarkets Stop Limit Order

A ThinkMarkets stop-limit order is an order to buy or sell a stock that combines the features of a stop order and a limit order. Once the stop price is reached, a stop-limit order becomes a limit order that will be executed at a specified price (or better). The ThinkMarkets stop-limit order triggers a limit order when a stock price hits the stop level. A ThinkMarkets stop-limit order can be helpful when trading if you are unable to watch your trades all day.

ThinkMarkets review
ThinkMarkets Alerts And Notifications

Price alerts and notifications can be established for executed orders, important news, and margin calls, for example. On the online platform, these notifications appear as pop-up messages. It would be preferable if you could set up email or SMS notifications as well.

ThinkMarkets review
ThinkMarkets Trading Platform Features

Online trading platforms like ThinkMarkets are used by traders to help them with every aspect of trading. Market analysis, price projections, and purchase timing are all key when trading live financial markets with ThinkMarkets. The ThinkMarkets trading platform provides traders with up to the second charts in order to enable them to execute transactions at the click of a button using ThinkMarkets.

ThinkMarkets Margin Trading

ThinkMarkets margin trading means borrowing money from the brokerage firm in order to carry out trades. When trading on margin, investors first deposit cash that then serves as collateral for the loan, and then pay ongoing interest payments on the money they borrow. In essence, ThinkMarkets margin trading is a facility under which one buys and sells stocks that they cannot afford. You are allowed to buy and sell stocks by paying a marginal amount of the actual value. This margin is paid either in cash or in shares as security. Your broker funds your margin trading transactions.

ThinkMarkets Social Trading

ThinkMarkets social trading is a form of social trading that enables ThinkMarkets traders or investors to copy and execute the strategies of their peers or more experienced traders on the ThinkMarkets platform. Social trading on ThinkMarkets allows you to communicate with other ThinkMarkets investors in a Facebook-style social network manner. The main premise is that you are able to share and discuss potential ThinkMarkets investment opportunities with traders on the ThinkMarkets platform.

ThinkMarkets Copy Trading

Copy trading with ThinkMarkets allows users to copy trades executed by other ThinkMarkets investors in the financial markets. The goal of copy trading is for a ThinkMarkets trader to have the same positions as the ThinkMarkets investor they are copying. When copying another ThinkMarkets trader, you do not receive the plan of the traders ThinkMarkets strategy, but simply follow their trades they execute on ThinkMarkets. ThinkMarkets copy trading is one way to automate your investment strategy. Copy trading trades on ThinkMarkets must still be monitored and copy trading on ThinkMarkets still has risk of trading loss.

ThinkMarkets review
ThinkMarkets Account Types

ThinkMarkets Demo Account

ThinkMarkets offers demo accounts that gives traders the ability to purchase and sell ThinkMarkets financial instruments in a practice environment, using fake ThinkMarkets digital money and live market conditions and data. When you practise on a ThinkMarkets demo account, one of the many advantages you'll enjoy is the opportunity to get acquainted with the more technical parts of the ThinkMarkets platform. ThinkMarkets demo accounts allow you to experience and practice a variety of market charts, ThinkMarkets trading indicators, and trading strategies using ThinkMarkets.

ThinkMarkets Standard Account

ThinkMarkets offers a standard trading account, allowing ThinkMarkets traders to trade a wide range of financial instruments, with competitive spreads, using the feature rich ThinkMarkets trading platform.

ThinkMarkets DMA Accounts

ThinkMarkets Direct market access (DMA) refers to the access one is afford to the electronic facilities and order books of the ThinkMarkets financial market exchange that facilitate daily securities transactions. Rather than relying on market-making firms and broker-dealers to execute trades, ThinkMarkets might use direct market access to place trades themselves. ThinkMarkets DMA accounts make individual contracts with each liquidity provider.

ThinkMarkets Islamic Accounts

ThinkMarkets islamic accounts respect Islamic finance law. ThinkMarkets swap free accounts do not accumilate interest and ThinkMarkets transactions are actioned immediately. A ThinkMarkets Islamic Forex account is a halal trading account that is offered to clients who respect the Quran and wish to invest in Islamic compliant financial instruments, using ThinkMarkets following the principles of Islamic finance. As Sharia law prohibits the accumulation of interest, traders with ThinkMarkets Islamic accounts do not pay or receive interest rates.

ThinkMarkets review
ThinkMarkets Tradable Financial Instruments

ThinkMarkets tradable financial instruments are the financial instruments that are specifically available to trade on the ThinkMarkets trading platform. This refers to the different types of financial markets you can trade with through ThinkMarkets. Sometimes called securities , they range from commodity futures to stocks and CFDs, to currencies and metals, and more on ThinkMarkets.

NameThinkMarketsIC MarketsRoboforex
CFD TradingYesYesYes
Stock Markets1500210053
ETFsNoNo
Fractional SharesNoYes
CryptocurrenciesYesYesNo
riskwarningTry Now

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. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money
Try Now

Losses can exceed deposits
Try Now

Losses can exceed deposits

ThinkMarkets review
ThinkMarkets Trading Stocks

Stock trading with ThinkMarkets is the act of purchasing and selling shares in a corporation listed on a stock exchange available for trading with ThinkMarkets; if you possess the stock on ThinkMarkets, you own a piece of the corporation and may be entitled to voting rights where applicable.

Stock trading on ThinkMarkets involves purchasing and selling stocks and share using ThinkMarkets periodically in order to time trades against the stock markets, with the aim of using ThinkMarkets to profit from your stock trading. ThinkMarkets stock traders look to profit from the short-term market developments by selling stocks for a profit or buying stocks at a cheap price on ThinkMarkets. Stock traders on ThinkMarkets conduct significant study, frequently dedicating several hours every day to market monitoring using ThinkMarkets trading tools.

ThinkMarkets review
ThinkMarkets Trading ETFs

What Are ETFs

ThinkMarkets does not offer ETF trading. An ETF is a collection of assets whose shares are traded on a stock market. They blend the characteristics and potential benefits of stocks, mutual funds, and bonds. ETF shares, like individual stocks, are traded throughout the day at varying prices based on supply and demand.

What Are Fractional Shares

ThinkMarkets does not offer fractional share trading.

Investors can buy fractional shares of a stock, making it easier to diversify even with modest amounts of money. Investors can buy stock in fractional shares by specifying a dollar amount rather than the price of a whole share.

ThinkMarkets review
ThinkMarkets Trading Cryptocurrencies

ThinkMarkets offers cryptocurrency trading.

Cryptocurrency trading can be conducted using ThinkMarkets to buy and sell the cryptocurrency financial instruments on ThinkMarkets. Cryptocurrency trading can also be done using a cryptocurency CFD ThinkMarkets trading account where allowed by financial regulators, to speculate on up or down price movements of a specific crypto asset using ThinkMarkets. A CFD is a high risk leveraged trade between the trader and the ThinkMarkets brokerage. No underlying assets are exchanged with a ThinkMarkets CFD contract, it is purely speculation on the crypto financial instruments price movements with ThinkMarkets. ThinkMarkets CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA. Check to see if ThinkMarkets CFD cryptocurrency trading is allowed in your region and make sure you undertand the risks fully before trading.

The volatility of cryptocurrencies is the biggest source of risk when trading them with ThinkMarkets. They are high-risk and speculative, and you should be aware of the hazards before you begin trading high risk financial instruments with ThinkMarkets.

Cryptocurrency trading is not offered by ThinkMarkets, so you will need to find a ThinkMarkets alternative that allows you to buy and sell the underlying cryptocurrency assets. ThinkMarkets CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA. Check to see if CFD cryptocurrency trading is allowed in your region with a ThinkMarkets alternative and make sure you undertand the risks fully before trading.

ThinkMarkets review
ThinkMarkets Forex Trading

Forex trading with ThinkMarkets is a method through which to invest money which involves trading one currency for another in a Forex currency pair with ThinkMarkets. The main aim of ThinkMarkets Forex trading is to successfully predict if the value of one currency will increase or decrease when compared to another. You can trade major, minor and exotic currency pairs with ThinkMarkets. As a ThinkMarkets Forex trader, one buys and sells currencies on a foreign exchange market. Their duties include performing research or analysis on a currency pair using a trading platform like ThinkMarkets. In general, Forex traders can either work for banks and hedge funds or trade independently using trading platforms like ThinkMarkets. Some traders use charts and indicators for Forex analysis, while others rely on news and economic data available on ThinkMarkets.

ThinkMarkets review
ThinkMarkets Commodities Trading

Commodity trading is a type of trading available on ThinkMarkets where individuals or businesses buy and sell financial instruments using ThinkMarkets related to commodities, such as metals or oil.

ThinkMarkets review
ThinkMarkets Options Trading

ThinkMarkets options trading is the trading of instruments that gives someone the right to buy or sell a specific security on a specific date at a specific price. If one decides to complete that purchase or sale, they are know to be exercising the option. ThinkMarkets option strategies are the simultaneous, often mixed, buying or selling of one or more options which differ in one or more of the options' variables.

ThinkMarkets review
ThinkMarkets Futures Trading

Futures trading with ThinkMarkets is where derivative financial contracts obligate a buyer to purchase an asset or a seller to sell an asset at a predetermined future date and set price using ThinkMarkets to facilitate the trade. A ThinkMarkets futures contract allows an investor to speculate on the direction of a security, commodity, or financial instrument available on ThinkMarkets. Typically, futures contracts are traded on an exchange such as ThinkMarkets; one trader agrees to buy a given quantity of securities or a commodity, and take delivery on a certain date. The selling ThinkMarkets trader to the contract agrees to provide it.

ThinkMarkets review
ThinkMarkets Bonds Trading

Bonds trading on ThinkMarkets is a way of making profit from fluctuations in the value of corporate or government bonds. The government will pay a defined interest rate on an investment for the duration of the issued bond, and then give the original sum back at the end of the loan's term to the ThinkMarkets trader. Bonds can be bought and sold on ThinkMarkets after they are issued. While some bonds are traded publicly through ThinkMarkets, most trade over-the-counter between large broker-dealers like ThinkMarkets acting on their clients' or their own behalf. Yield is therefore based on the ThinkMarkets purchase price of the bond as well as the coupon.

ThinkMarkets CFD Trading

A contract for difference (CFD) allows traders to speculate on the future market movements of an underlying item without owning it or taking physical delivery of it. CFDs can be used to trade a variety of underlying assets, including stocks, commodities, and foreign exchange.

NameThinkMarketsIC MarketsRoboforex
Forex CFD406135
Index CFD2530
Stock CFD1001108400
ETF CFD3050
Commodity CFD2020
Crypto CFDYesYesNo
riskwarningTry Now

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. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money
Try Now

Losses can exceed deposits
Try Now

Losses can exceed deposits

ThinkMarkets review
ThinkMarkets Trading Research Tools

Taking advantage of ThinkMarkets trading research tools which are designed to help traders analyse potential investments using the ThinkMarkets trading platform. Some ThinkMarkets research tools include charts, technical analysis, and ThinkMarkets trading indicators.

ThinkMarkets Trading News

Traders can follow the markets and make wise investment decisions on ThinkMarkets by using the news to help form a strategy when it comes to choosing investments. A ThinkMarkets news trading strategy involves trading based on news and market expectations, both before and following news releases. Traders need to assess the news immediately after it is released and make a quick judgement on how to trade as a result.

ThinkMarkets Economic Calendar

An economic calendar is used by investors to monitor market-moving events, such as economic indicators and monetary policy decisions. Market-moving events, which are usually announced or released in a report, have a high probability of impacting the financial markets. A ThinkMarkets economic calendar is a resource that allows traders to learn about important economic information scheduled to be released throughout the major economies. Events may include indicators such as GDP, the consumer price index (CPI), and the Non-Farm Payroll (NFPs) report.

ThinkMarkets Fundamental Data On Financial Instruments & Companies

Fundamental research does not usually generate findings that have immediate applications in a practical level. Fundamental research aims to answer the questions of why, what or how and tend to contribute to the pool of fundamental knowledge in a research area. ThinkMarkets fundamental analysis research data looks at the price movement of a security and uses this data to attempt to predict future price movements. Fundamental analysis, on the other hand, looks at economic and financial factors that influence a business. Fundamental analysis therefore evaluates securities by attempting to measure their intrinsic value.

ThinkMarkets Charting

Technical analysis indicators such as MACD,RSI, Stochastics, OBV, and Fibonacci are vital for trading. The primary types of chart used by traders on ThinkMarkets are the Candlestick Chart, Line Chart, Point and Figure charts, and Renko Chart. Charts such as these are plotted either on an arithmetic or logarithmic scale and the analyst then goes with either one depending on the information acquired.

ThinkMarkets portfolios

Trading portfolios are useful when trading with ThinkMarkets.

A trading portfolio is made up of various investment vehicles. Distinct trading portfolios, each tailored toward a different investing strategy, might be owned by an investor.

A ThinkMarkets trading portfolio is a traders collection of investments, which may include a variety of ThinkMarkets financial instruments.

ThinkMarkets review
ThinkMarkets Payment Methods

A ThinkMarkets payment method is required to fund your ThinkMarkets trading account before placing a buy or sell order on a financial instrument.

When trading with ThinkMarkets, there are a variety of payment options accessible; different brokers support different deposit and withdrawal methods. Each trade payment option has its own set of benefits and cons in terms of costs, processing times, and limits. Some thing to be aware of is if your bank accounts base currency is different to the base currency of your trading account, your bank may add additional transfer fees that ThinkMarkets do not have any control over.

NameThinkMarketsIC MarketsRoboforex
Payment MethodsBPAY, Credit Card, Mastercard, Neteller, POLi, Skrill, Visa, Wire TransferBPAY, Credit Card, FasaPay, Giropay, Mastercard, Neteller, PayPal, POLi, QIWI, Rapid Transfer, Skrill, UnionPay, Visa, Wire Transfer, Yandex MoneyADVcash, Alipay, Bitcoin Payments, Cashu, FasaPay, Giropay, iDeal, MoneyGram, Neteller, Perfect Money, POLi, QIWI, Rapid Transfer, SafeCharge, Skrill, Sofort, Trustly, Vietcombank Transfer, Visa, Webmoney, WeChat Pay, Wire Transfer, Yandex Money
riskwarningTry Now

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. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money
Try Now

Losses can exceed deposits
Try Now

Losses can exceed deposits

ThinkMarkets review
ThinkMarkets Withdrawl Methods

When trading with ThinkMarkets at some point you will want to release your funds back to your bank account or other withdrawal method. Many modern trading platforms offer withdrawal of your trading account balance to digital wallets and direct bank transfers. Depending on your geo region certain withdrawal methods may be more convenient to you. Each withdrawal method has its own withdrawal time which you will have to check before withdrawing your ThinkMarkets account balance. ThinkMarkets may have minimum withdrawal limits that you will need to check before withdrawing.

You may be charged a currency conversion fee by your withdrawal method if you withdraw your ThinkMarkets account balance in a currency other than GBP, or whatever your withdrawal method account base currency is.

ThinkMarkets Withdrawals Times

The time it takes for your withdrawal to arrive is determined by the method you used to make it. It's important to remember that this is the payment method you used to fund your ThinkMarkets account.

Withdrawal requests can take up to three business days to be processed by ThinkMarkets.

You may anticipate to receive your money within three business days for bank transfers, credit/debit cards, and digital wallets.

If you're having a withdrawal transferred to your digital wallet account, your ThinkMarkets should arrive in less than 24 hours.

ThinkMarkets review
ThinkMarkets Customer Support

Customer support represents the resources within the ThinkMarkets company that provides technical assistance to its customers after they use the ThinkMarkets service. A customer may often need to seek out support when they are in need of help, so a customer support team must be easy to contact, available, and responsive.

ThinkMarkets offer email, livechat, phone, customer support.

ThinkMarkets Email Support

ThinkMarkets offers email support.

Email support is a a convenient method of ThinkMarkets customer service but responses to support queries are not quick. You may have to wait between 1 - 3 days for a response from ThinkMarkets regarding your support request.

ThinkMarkets Livechat Support

ThinkMarkets offers livechat support.

ThinkMarkets live chat support is a way for customers to obtain help from ThinkMarkets through an instant messaging platform. It happens at a one-to-one level, often via the company's website. It can be a proactive chat pop-up, with a chat box appearing on the screen and asking if you need help. Clicking on it would then connect you to a live agent. Livechat is great if you require a reponse to your support request withing 15 minutes.

ThinkMarkets Telephone Support

ThinkMarkets offers telephone support.

ThinkMarkets telephone Support is often used for pre-sale queries, order taking, or even upselling and cross-selling, and troubleshooting. Outbound calls are calls made to customers from the ThinkMarkets call centre to give or take information.

ThinkMarkets Average Support Response times

Contact Method Average Response Time
ThinkMarkets Live Chat 4 minutes
ThinkMarkets Email 6 hours
ThinkMarkets Phone 5 minutes

We tested the customer service response times of ThinkMarkets on Monday, November 18, 2024.

ThinkMarkets review
ThinkMarkets Educational Resources

ThinkMarkets educational resources are used throughout the ThinkMarkets learning environment to help and assist with customer's development and learning of trading on ThinkMarkets. They are designed to reinforce learning and in some cases allow people to put their knowledge to the test using ThinkMarkets trading tools. Educational resources like some of the resources available with ThinkMarkets are a good as part of a wider set of educational guides and information from else where online.

Some of the ThinkMarkets trading guides and information that we found useful included trading strategies videos, platform tutorials, market news, expert webinars.

ThinkMarkets Trading Platform Tutorials

ThinkMarkets offer a range of learning resources and tutorials and guides made available to registered ThinkMarkets users. The ThinkMarkets guides are usually broker down into indepth articles explaining varioius trading topics, quizes and video explainers which aim to educate ThinkMarkets users on basic trading principles.

ThinkMarkets Trading Videos

ThinkMarkets offer a selection of online trading videos.

Trading videos on ThinkMarkets help new and even more experienced investors gain insights into ThinkMarkets technical analysis tools and how the different financial markets work when trading on ThinkMarkets.

ThinkMarkets trading videos cover the basics of financial instruments like stocks, Forex, commodities, ETFs and cryptocurrencies. Some ThinkMarkets training videos help widen your trading knowledge. The more trading knowledge you have the better you will be able to mitigate and understand trading risks when using ThinkMarkets to trade live financial markets.

ThinkMarkets Webinars

ThinkMarkets offers access to online webinars. A webinar is an interactive online event in which a speaker (or a small group of speakers) delivers a presentation to a large audience of ThinkMarkets clients who participate by asking questions, replying to polls, and using other interactive technologies available on the ThinkMarkets trading platform.

ThinkMarkets review
ThinkMarkets Financial Regulation When Trading

Financial regulations on ThinkMarkets protect consumers' investments. Regulations prevent financial fraud and limit the risks that ThinkMarkets as a financial institution can take with their investors' money. Financial regulators oversee three main financial sectors: banking, financial markets, and consumers. A well-functioning financial system is vital for the economy, businesses and consumers. ThinkMarkets financial regulation is part of ensuring the safety and soundness of the financial system and protecting consumers.

Is ThinkMarkets Regulated?

ThinkMarkets is regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Financial Sector Conduct Authority (FSCA), Financial Services Authority Seychelles (FSA), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, TF Global Markets (AUST) Limited is the holder of Australian Financial Services License number 424700, TF Global Markets (South Africa)(Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835),TF Global Markets Int Limited Is authorised and regulated by the Financial Services Authority Firm Reference Number SD060.

ThinkMarkets is licensed by financial regulators in certain jurisdictions. You can find out if brokers like ThinkMarkets are licensed in your country, if they have had run-ins with regulators, or received serious complaints from ThinkMarkets investors, directly with financial regulators in your country.

ThinkMarkets Regulatory Protection Limits

When registering with ThinkMarkets you must check with regulatory body your ThinkMarkets trading account falls under. Even though you are a resident of the UK for example your account may fall under regulatory rules outside the jurisdiction of the FCA. Check which company entity and regulation your ThinkMarkets account is over seen by. ThinkMarkets client funds are stored in segregated 3rd party bank account in accordance with ThinkMarkets financial regulators.

Client country Investor protection amount Regulator
United Kingdom ยฃ85,000 Financial Conduct Authority (FCA)
EU Investor Compensation Scheme max โ‚ฌ50,000 Directive of The European Parliament and European Commission
Other countries 90% of your funds, max โ‚ฌ20,000 Bulgarian Financial Supervision Commission (FSC)

ThinkMarkets Trading Signals

ThinkMarkets offers trading signals to ThinkMarkets clients.

ThinkMarkets trading signals are triggers to buy or sell a security based on a pre-determined set of criteria. Traders can create trading signals using a plethora of criteria: from simple ones, such as earnings reports and volume surge, to more complex signals that are derived using existing signals. A ThinkMarkets trading signal is an alert to traders to either enter or exit a position. Trading signals are based on specific times and prices and can be identified through technical or fundamental analysis. It is up to the ThinkMarkets trader to then decide whether or not to act on the signal.

Make sure you understand the risks of trading signals.

How does ThinkMarkets make money?

Because ThinkMarkets acts as an intermediary, ThinkMarkets gets compensated on buy and sell transactions of financial instruments. As a result, ThinkMarkets profit is determined by the volume and number of transactions. ThinkMarkets earns revenue to fund their ThinkMarkets platforms and wide range of trading services through market spreads.

Can you buy shares on ThinkMarkets?

ThinkMarkets provides customers with real company shares. Traders can choose from thousands of stock CFDs in addition to shares. You can see the complete list of stocks here. ThinkMarkets offers CFD stock trading. When trading CFD stocks you are not trading real stocks as you do not own any underlying stock assets. A CFD stock is a leveraged deal between the trader and ThinkMarkets on the speculative up or down price movement on an agreed stocks price movement.

Does ThinkMarkets offer Cryptocurrency?

ThinkMarkets does offer cryptocurrency trading. Although the Financial Conduct Authority in the UK has banned Crypto CFD trading for UK residents. Its still perfectly legal to buy non leveraged crytocurrencies where you own the underlying crypto assets.

ThinkMarkets Lower fees, lower costs?

ThinkMarkets have reasonable trading fees and costs. ThinkMarkets may charge a deposit fee. ThinkMarkets may charge a withdrawal fee. Some withdrawal fees are out of the control of ThinkMarkets and may be due to 3rd party payment providers and your account base currency.

What about the minimum deposit?

ThinkMarkets minimum deposit is 0 USD / GBP / EUR.

How to start your ThinkMarkets account?

You can sign up for a live or demo ThinkMarkets trading account by visiting ThinkMarkets and signing up. Enter your details, upload proof of ID, fund your account and you should be up and trading within a few hours. Open an ThinkMarkets account here.

How's the ThinkMarkets trading app?

ThinkMarkets allow traders to trade financial markets on iOS, Android supported mobile devices.

You can tryout the ThinkMarkets trading app here. 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. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money

Is the quality of ThinkMarkets customer service satisfactory?

ThinkMarkets have average customer support offering support through email, livechat, phone, support options.

Is this broker good for new traders?

ThinkMarkets is a good trading platform for new traders as ThinkMarkets offer a good range of educational resources, good support options as well as a demo account.

How do you withdraw money from ThinkMarkets?

ThinkMarkets offer a good selection of withdrawal options. Once ThinkMarkets have confirmed and approved your withdrawal information, withdrawals are usually processed within 1 to 3 days.

Best ThinkMarkets Alternatives Reviews

If ThinkMarkets isnt quite what you are looking for you can check out some of the best ThinkMarkets alternatives below.




Best ThinkMarkets Alternatives In Detail

If you would like to see ThinkMarkets compared agains some of the best ThinkMarkets alternatives available right now you can do so by clicking on the links below.

Check out RoboForex โ€“ Professional services on Forex market

Ashly Chole - Senior Finance & Technology Editor

ThinkMarkets Review 2024 (Expert Review) guide updated 17/11/24