think markets review

After that, you need to select the amount you wish to deposit and choose your bank account from the list of banks that dropdown. In some time, your funds will be allocated to your ThinkMarkets account. Their website is straightforward to navigate, and https://traderoom.info/ they dedicate their time to producing valuable articles. To sign up, provide your country of residence, full name, email, and phone number. You can choose to practice on their ThinkTrader platform, MetaTrader 4 platform, or MetaTrader 5 platform.

  • In addition to that, 3,600+ tradable assets are available on its trading platform.
  • A range of trading tools, including Autochartist, Trading Central, and VPS hosting, upgrade the trading environment and allow clients to trade with a competitive edge.
  • In addition to the general guides, in-house market analysts are constantly churning out reports on the latest economic activity.
  • To avail of and continue using the ThinkZero account, you will need to deposit a minimum of $500.
  • A wide range of mobile trading apps are available across the globe – some of which are developed in-house by online brokers, while some are developed by third-party developers.

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. It maintains regulation from top international authorities, including Australia’s ASIC, the FCA of the United Kingdom, and the BMA of Bermuda. Our first withdrawal request using PayPal, which was made on March 29, was denied. We were told to withdraw the fund to the credit card first as our first deposit was made using a credit card. Our overall account opening experience was smooth and without any issues, from registration to verification.

ThinkMarkets offers Muslim traders the option of converting their live trading account into that of an Islamic Account. 📊 ThinkMarkets makes use of MetaTrader 4, MetaTrader 5, and ThinkTrader. Each trading platform used in conjunction with the accounts provided by ThinkMarkets has a range of features and benefits.

Bitcoin, Ethereum, Litecoin, and Monero are just a handful of major cryptocurrencies that can be traded on the broker’s platforms (ThinkTrader, MT4, and MT5) using pre-existing accounts. While ThinkZero account is more suitable for professional trading, demanding $500 as the first deposit and offering spreads from 0.1 pips with a commission of $3.5 per side as a trading cost. The standard account is offered with no commission and the choice to choose from the fixed or variable spread, and also with free VPS service. John Bringans is the Senior Editor of BrokerNotes.co and ForexBrokers.com. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content.

Boost your knowledge with our live, interactive webinars delivered by industry experts. Harness past market data to forecast price direction and anticipate market moves. No matter your experience level, download our free trading guides and develop your skills.

You will also receive market updates, and you can access their economic calendar to plan your trades accordingly. 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. To trade a particular subsector in the market, you can choose to invest in ETFs instead of individual stocks. The funds are managed by some of the most important financial institutions, such as Vanguard, BlackRock, and Invesco.

ThinkMarkets offers trading on a wider range of tradable assets than other brokers, including 46 Forex pairs, 27 indices, 13 commodities, 1541 share CFDs, and 20 crypto pairs. The ThinkMarkets Standard Account, with no minimum deposit requirement, think markets review has high trading costs compared to other brokers, at 12 USD per lot EUR/USD. On the other hand, the 500 USD minimum deposit ThinkZero account delivers better pricing at 8 USD per lot EUR/USD, which may interest more experienced traders.

Overall Conclusion Of ThinkMarkets

To get the fastest trading execution speeds and reduce the chance of slippage, ThinkMarkets uses the largest trading ecosystem available, being Equinix trading servers. As every millisecond counts to get the bid and ask the price you want, ThinkMarkets has two Equinix data centres located in London and Hong Kong. While no additional trading cost is charged by ThinkMarkets, except the spread. ThinkMarkets educational materials are excellent compared to other brokers. ThinkMarkets allows accounts to be denominated in USD, EUR, GBP, AUD, and JPY.

think markets review

Lastly, they also host live webinars that are held almost weekly. Most of their past webinars can be found on their YouTube channel. They also have downloadable mobile applications from the Google Play Store and Apple Store. If you want your portfolio to have exposure to energy-related assets, ThinkMarkets offers three different investments to choose from. These include US Crude Oil (WTI), Brent Crude Oil (BRENT), and Natural Gas (NGAS).

New traders can benefit from the educational content available at ThinkMarkets. While it lacks one uniform portal, the information published in numerous sections across the website are nothing but quality material. The ten trading guides, split into three sections, deliver the best value and are an excellent starting point for new traders. The MT4 tips and tricks article offers new traders a quick overview of helpful shortcuts. Adding value is the introduction to technical analysis, complemented by the indicators and chart patterns section.

Beginners can start at the very first step by learning how to start trading. In addition, provision is also made for indicators, a trading glossary, and a knowledge base. ThinkMarkets provides webinars that feature both archived and live videos along with training guides, daily analysis, and commentary.

Features like custom charts, automatic alerts, and economic calendars simplify the process of trading. The broker does not offer any fixed spreads, which would require interfering with market forces or client orders. On ThinkMarkets, 25+ cryptocurrencies are available to trade and are quoted in the US Dollar. Users will be able to speculate on value increases or decrease in their respective preferred cryptocurrency.

Needless to say, many strongly advised everyone against using their platform. The same payment methods that deposit warrants are used to carry out a withdrawal request. The time it takes for you to receive your funds usually ranges from 1- 7 business days and is determined by the withdrawal method chosen. A ThinkZero account unlocks loads of institutional benefits and allows you to trade with minimal or zero spreads between the bid and ask price. You will however be charged a commission of $3.5 per side (100,000) when trading FX and metals.

Opening an Account

The broker offers a range of trading services designed for all level traders with low trading fees. As one of the good advantages, Capital Index is available in many countries, so traders can sign in also with the lowest spreads. No dealing desk (NDD) straight-through-processing ensures ThinkMarkets traders gain access to ultra-tight spreads in a range of asset classes.

Trading with ThinkMarkets offers multiple advantages including Tight Spreads and a wide range of Markets. ThinkMarkets make a wide array of educational materials including tutorials, live webinar sessions, a trading glossary, a knowledge base, and a selection of trading guides. A ThinkMarkets Joint account is an account option in which there are two main users, both of who can deposit, withdraw and trade. All ThinkMarkets clients fall under the ThinkMarkets $1 Million Insurance program. Withdrawals may take between one and seven business days to arrive, depending on the payment processor. At the time of this review, ThinkMarkets neither offered bonuses not hosted promotions.

  • Australia’s ASIC and the UK’s FCA are deemed as two reputed global financial market regulators.
  • No dealing desk (NDD) straight-through-processing ensures ThinkMarkets traders gain access to ultra-tight spreads in a range of asset classes.
  • Features like custom charts, automatic alerts, and economic calendars simplify the process of trading.
  • In some time, your funds will be allocated to your ThinkMarkets account.

Depending on the ThinkMarkets subsidiary you are trading with and the financial instrument you are trading, different leverage limits will be available. This is because each ThinkMarkets subsidiary is overseen by a different regulatory body. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. 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.

Having established itself as the industry-leading platform, Metatrader 4 (MT4) is the most reliable and popular platform in existence. Its intuitive interface and user-friendly environment provide essential tools and resources for successful online trading. It is also widely recognised for its fast execution speeds, range of charting tools, algorithmic trading, and customisability. ThinkMarkets offers five base currencies, which is average compared to other brokers, but it does not offer accounts denominated in MYR.

ThinkMarkets has provided easy access…

The maximum leverage available depends upon the type of account (retail /professional) and the ThinkMarkets entity. Our review will unpack the login process, client portal features, and more. Trade up today – join thousands of traders who choose a mobile-first broker. I like them, low deposit to start, they also have many instruments for trading, hope to get first withdrawal.

With this account, you will gain access to their free VPS service and all their trading platforms. You will have a maximum trade size of 50 lots and no minimum stop-loss or take-profit levels. Again, ThinkMarkets had its fair share of users that enjoyed their time trading on its platforms – rejoicing that trades could take place virtually instantaneously. The low spreads and commission were also popular with the masses. Everything from the withdrawal of funds to customer service met their expectations and a delightful majority were satisfied with ThinkMarkets as their go-to broker.

ThinkMarkets has a dedicated team that is prepared to answer your questions 24/7. It provides traders with multiple ways to communicate with the help desk so that they can pick whatever they’re most comfortable with. You are free to contact them over the phone, email, or even through a live chat function – all of which promise quick responses.

This, along with low trading fees and over 3500 instruments makes the ThinkMarkets group an attractive proposition. ThinkMarkets provide 4 different live trading account types, Standard, ThinkZero, Islamic and Joint. The minimum deposit required to open a ThinkMarkets Account is $0 USD.

The broker has myriads of assets available to diversify your portfolio, including forex, cryptocurrencies, stocks, and many more. Educational articles on the website and video tutorials on the official YouTube page are designed to address issues plaguing both beginners and experts in this field. Of course, all platforms are also available through Web Versions, so you can easily access the trading room right from the browser with no installations.

think markets review

Refer to their website for the complete schedule for each of the indices offered by ThinkMarkets. One Reddit user seems to like the cheaper rates offered by ThinkMarkets and is also recommending others to go with this brokerage firm for cheaper rates. You can make a deposit by logging into your ThinkPortal with your registered email ID and password, selecting “Deposit funds” and choosing your preferred funding method.

ThinkMarkets provides a valuable introduction to technical analysis. Enjoyable experience browsing the app, I was provided a lot of useful information about the app and trading. No problems encountered, would love a design overhaul tho, seems a bit outdated.

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Throughout its constant development, ThinkMarkets has grown rapidly so that the broker has been recognized by industry publications and keeps on adding new awards to its lists. ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up. We are committed to the fair handling of reviews and posts regardless of such relations. If you want to trade U.S. stocks as CFDs with ThinkMarkets, then Yes. If you are looking to trade non-CFD stocks (and own the underlying asset or stock), then No.