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thinkmarkets broker review

All BrokerNotes content is researched, fact-checked, and edited by the research team. Based on our extensive research, ThinkMarkets comes across as a solid choice for traders looking to engage in forex and CFD trading. Its comprehensive offerings and regulatory stance position it well within the industry. ThinkMarkets offers and accepts payments through a good variety of methods including bank transfers, debit/credit cards, electronic payment services, and cryptocurrencies.

Trading Central

thinkmarkets broker review

Another supporting tool incorporated by ThinkMarkets is Myfxbook (a social community platform for Forex traders), which is available to MT4 accounts with a minimum balance of $1000. To manage the high risk of forex and CFD trading, customers can place stop-loss orders, but order types are limited. While ThinkMarkets do not offer premium orders such as Guaranteed Stop-Loss Orders (GSLOs), the broker provides significant investor protection to all traders, regardless of jurisdiction. I have to honestly say that Think Markets is not the company I’ve described below.

ThinkMarkets trading platforms and tools

Equities are available from the ASX, FTSE 100 and South African and Hong Kong exchanges. Spreads will differ significantly between different assets and can be located within any supported trading platform. With a ThinkMarkets account, you will be able to trade more than 25 cryptocurrencies. However, UK clients are not allowed to trade crypto CFDs due to strict regulations. As a regulated broker, it is obligated to segregate all client funds in trusted recognized banks such as Barclays.

ThinkMarkets Reviews

You can contact the support team by clicking the live chat button at the bottom-right corner of the main page. In addition to the built-in chat option, thinkmarkets broker review you can text them on Messenger and Telegram. Before getting connected to an agent, you must fill in your name, email address, and country of residence.

Compare Forex Brokers

thinkmarkets broker review

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. Mr MathisI’m very sorry to hear of your experience and hope we may assist to you in receiving an agreeable outcome. What is certain is that around €1,800 is missing in 2 years of activity, and I have already submitted a Trade Investigation Form awaiting a response. For me, what they are doing is pure fraud, but I am waiting for the results.

thinkmarkets broker review

Trading Hours

  1. In addition to that, 3,600+ tradable assets are available on its trading platform.
  2. For those that wish to emulate the positions of high ranking traders, ThinkMarkets also offers copy trading support via ZuluTrade.
  3. The broker also offers swap-free Islamic accounts for clients from the Muslim faith.
  4. Everything is perfect with Think Markets from the beginning.I can run many demo accounts to test all my strategies.

We recommend that the website and tables be used as a guide when formulating your trading forex strategies to help make your decision easier. However, you should always click on the ‘view website’ button and review the information on the site first to ensure the broker suits your trading needs. The FX broker also offers advanced trading tools, allowing for enhanced features to enhance forex trading. It’s widely accepted that the analytical functions with the strength of MT4. There are nine interactive charts allowing traders to review quotes and react to price movements within currency markets.

Some money was not transferred, but TM did everything to get it back, so the problem was finally correctly solved. Especially appreciated was her patient cross checking with every possible problem that could have been the cause of my issue. Eventually she identified the issue and it was my own failure to correctly note the instructions.

Its spreads, even with high volatility in the market, can start from as low as 0 pip when you trade EUR/USD. The broker operates in various regions of the world, not limited to the United Kingdom, Europe, and Australia. Moreover, they offer 15 different languages to enable international traders to comfortably trade on the platform in their preferred language. The languages include English, Spanish, Greek, Chinese (Traditional & Simplified), Czech, German, Indonesian, Italian, Malay, Polish, Thai, Arabic, Vietnamese, and Portuguese. We use proprietary AI technology to assist in some aspects of our content production. However, our scores, ratings, and rankings of online brokers are based on our in-depth product testing and thousands of hand-collected data points.

Sometimes price value in the upper right corner of the chart freezes and does not correspond to the live price, indicated on the chart. In addition, nearly 3,700 of its mutual funds are no-transaction-fee funds. Funds contributed to these accounts are considered irrevocable gifts under the Uniform Gift to Minors Act/Uniform Transfer to Minors Act (UGMA/UTMA).

ThinkMarkets allows for global trading and has many interesting features. Read our thorough review on ThinkMarkets and find out if this broker fits your trading style. ThinkMarkets has a dedicated “learn to trade” section filled with tutorials on placing trades, video guides to financial markets for beginners and live webinars for investors to boost their knowledge. A glossary of trading terms like slippage and leverage supplements can also be found in this section, which has useful information for everyone, whether beginner to pro. The company has a UK-based support phone number routed to the London office, a dedicated email address and a live chat service available 24/7.

Your strategy, goals, risk tolerance, and preferences will dictate which is best for your portfolio, if any. The prices of cryptocurrencies can be volatile, which makes this type of investing a poor choice for conservative investors. If you are willing to assume greater risk as an investor, then investing in one or more cryptocurrencies may be right for you. Active traders, passive investors, and hands-off investors can all benefit from TD Ameritrade and Merrill Edge’s offerings.

The advantage of a propriety platform is that features unique to that FX broker can be integrated into the software. CMC Markets are close behind IG Markets who also have a high market share when it comes to retail foreign exchange in Australia. They have similar forex training features as IG, including videos, demo accounts and videos. An extra feature worth downloading is their eBooks which cover a range of training topics. These are catered for those new to forex trading and intermediate traders. Another popular feature is The Artful Trader Podcast which is where experienced traders are interviewed to hear their stories and tips.

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