ThinkMarkets Review ️ Pros and Cons Revealed 2025
ThinkMarkets is a broker that offers a large array of financial assets including ETFs and cryptocurrencies which are not commonly offered by most brokers. There are several positives to opting for this broker, including its multiple account types, free deposits and withdrawals, and the ability to use the popular MetaTrader platform. However, users of ThinkMarkets may have to be wary of the lag times with the broker’s trading terminal and the absence of real stocks for non-Australian residents. ThinkMarkets offers a variety of account types tailored to meet the diverse needs and preferences of its clients.
ThinkMarkets Review Of 2025
In this section of the review, we’ll take a closer look at the broker’s Affiliate Program, VPS Hosting feature, and Trading Central partnership. ThinkMarkets have an overwhelming number of recent negative reviews on this site. But at the same time, there are positive reviews as well – giving ThinkMarkets a rating of 3.29 on FoxPeaceArmy. If you’ve dipped your toes into various markets, it can be quite hard to keep track of all of them. The platform will allow you to set up alerts so that no significant events are missed. Swap/Rollover fees are charged when you keep a position open overnight.
- In addition, ThinkMarkets does not require any minimum deposit for opening an account and does not charge an inactivity fee.
- All websites and web-based platforms are tested using the latest version of the Google Chrome browser.
- With different account types, a wide range of markets and 3 top trading platforms, ThinkMarkets caters to all levels of trading experience from beginner traders to experienced investors.
- ThinkMarkets is a Straight-Through-Processing (STP) contract for difference (CFD) broker.
- This broker offers several account base currencies such as AUD, NZD, USD, EUR, GBP, SGD, CAD, and CHF.
- Since 2010, the online broker has expanded its trading operations, attracting 550,000 users in 180 countries, including Indonesia, Egypt, the UAE, and Bulgaria.
- If you make money with these guys and they dont like the way you trade they will not even pay you.
Best Broker
ThinkMarkets offers competitive spreads and commission fees. Unlike the Standard Account, the ThinkZero account is recommended for traders with higher capital. Holders of ThinkZero accounts will be able to trade up to 100 lots with a commission of $3.5 per lot.
Spreads & Commissions
Users have access to a wide range of trading platforms suitable for both novice and experienced traders. Comprehensive analytical resources and educational materials contribute to skill development and increased trading efficiency. 24/7 customer support ensures help is available at any time of the day. ThinkMarkets offers a range of spread options tailored to different trading strategies and market conditions. Traders can choose between fixed spreads, which remain constant regardless of market volatility, and variable spreads, which fluctuate based on real-time market conditions. For major forex pairs such as EUR/USD, spreads can be exceptionally low, starting at just 0.0 pips in professional accounts.
How to open a ThinkMarkets Account – A Step-by-Step Guide
- So yes, you can access it on a different device as long as you input the correct login details.
- This swift and cost-effective deposit process is part of ThinkMarkets’ dedication to providing a seamless and user-friendly trading experience for all its clients.
- With this account, you will gain access to their free VPS service and all their trading platforms.
- This provides actionable trading signals directly into the broker’s platforms.
- Over 20% of TrustPilot reviews were negative and another 70%+ were positive, meaning that people on the site had mixed reactions to the broker’s success rates and customer service.
- Reviews on Reddit regarding ThinkMarkets generally highlight its relatively affordable price per trade compared to its competitors.
- Our favorite solution is the partnership with Signal Centre.
With a Joint Account, it is now possible for two or more individuals to engage in trading with the same account. This means that all parties involved will be able to withdraw, deposit, and place any trades they wish to. The ThinkTrader demo account does not expire but ThinkMarkets does reserve the right to close it if they deem it fit. Economic calendars make sure that you keep up with the upcoming news events. The desktop-trading platform will allow you to easily customise your charts with indicators, grids, and period separators.
In this section, ThinkMatkets provides guides for technical analysis. You can always put the principles that you have learnt into practice with a free demo account. There is a selection of trading guides for all levels of traders that can be downloaded and cover a variety of different topics from technical analysis to market psychology and more. There are 3 trading courses for beginner, intermediate and advanced traders covering all aspects of trading such as how to place trades, technical analysis and much more.
The friendly support team can be prompt and efficient at responding to general and technical questions. You can diversify your portfolio by going long or short on a selection of commodities such as oil, gas & coffee, without any commission charged. Some commodities are traded in heavy volumes around the clock offering multiple opportunities to online traders. The broker enables you to take positions on global indices from just 0.4 points on ThinkTrader or tight variable spreads on MT4. An index is made up of a group of shares and is used to track the performance of a country’s economy, a market sector or an exchange.
The higher a client’s account balance, the lower the maximum leverage. Leverages are known for their disproportionate rewards and risks; these maximum leverage levels were introduced to protect thinkmarkets review client assets from excessive risk. In addition to trading stock CFDs, Australians will be able to purchase and invest in any Australian stock of their choice via ThinkMarkets Australia.