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ThinkMarkets

3.75
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ThinkMarkets Review

  • Excellent trading platforms
  • Good regulation
  • Competitive fees and commissions
  • Easy to use broker and excellent support and education services
  • Higher account holders receive more benefits
  • Limited array of assets in some markets

ThinkMarkets, formerly “ThinkForex” is a premium online trading brokerage offering the trading of forex and CFDs on numerous assets across various markets. The broker was established in 2010 out of New Zealand, but later moved to Australia with their main headquarters being located at Level 12, 636 St. Kilda Road, Melbourne, VIC, Australia 3004. As well, ThinkMarkets has headquarters in London, England and satellite offices in Spain, Bulgaria, Greece, Dubai, India, and Vietnam. ThinkMarkets is a truly international trading brokerage who accepts traders from around the world, excluding some countries like the U.S and Japan. ThinkMarkets can legally offer their services in so many countries due to their extensive regulation as they are regulated by the Financial Conduct Authority in the U.K. and the Australian Securities and Investments Commission in Australia.

ThinkMarkets offers their services in 12 different languages and makes the traders success and satisfaction their number 1 priority. While this broker seems like an excellent trading solution, is it really? In the following review we’ll delve deep into the aspects that make up this online trading brokerage and see what sets ThinkMarkets apart from the competition and whether or not they can be trusted.

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Trading Platform

ThinkMarkets offers traders not one but two very successful and popular trading platforms known as the Trade Interceptor and MetaTrader 4 (MT4) trading platforms. Both these platforms utilize the most cutting-edge technology and have been maliciously built and designed to provide traders with all the necessary tools and features to successfully trade a variety of financial assets. Let’s delve in to some of the key aspects of these trading platforms below.

Trade Interceptor
This platform is ThinkMarkets very own proprietary web-based trading platform and has over half a million global users and thousands upon thousands five-star reviews. The platform is compatible on both desktop computers and mobile devices via a downloadable application. See some of it’s key features listed below.

  • Split screen views (watch up to four different markets on the same screen, or the same market in four different time frames)
  • Over 50 intelligent drawing tools
  • 14 chart types
  • Over 80 technical indicators available (traders can favorite certain ones, so they are easily accessible for quick analysis)
  • Cloud-based price alerts and triggers (receive price alerts as well as market events and breaking news)
  • Trend risk scanner (this feature identifies the highest risk/reward trading opportunities and provides potential target and stop levels)

MetaTrader4 (MT4)
This is the most popular trading platform in the online trading industry and is loved by traders world-wide. The whole platform operates very smoothly and is intuitively designed for a seamless trading experience. One of the most impressive features of the MT4 platform is the automated trading feature known as Expert Advisors (EAs). Other benefits include lightning fast trade execution, 100 + technical indicators, and institutional quality applications for all smart mobile devices.

Exchange Markets

ThinkMarkets offers traders an extensive array of tradeable assets spread across numerous markets including the foreign exchange market (forex), cryptocurrencies, indices, shares, precious metals, and commodities. See a quick overview of these markets offered by ThinkMarkets below.

Forex
Low variable spreads with zero commission
Spreads as low as 0.1 pips
Over 38 Major, Minor, and Exotic currency pairs
Start with capital as low as $250 and leverage up to 400:1

Cryptocurrencies
The only UK & Australian regulated broker to offer cryptocurrency trading
9 of the top cryptocurrencies
Trade on leverage of up to 32:1

Indices
Fixed spreads from just 0.4 pips
Dow Jones Industrial Average
S&P 500
FTSE
DAX
ASX200
NASDAQ
CAC
EuroStoxx
Nikkei 225

Shares
Over 125 shares across numerous sectors
Zero commission trading
Trade on leverage of up to 10:1

Precious Metals
Very competitive spreads from just 15 cents
No contract expiration
Gold, Silver, Platinum, Copper

Commodities
Zero commission trading
Low variable spreads starting from 0.4 pips
Brent, Natural Gas, Oil
Fees and commission

ThinkMarkets offers traders very low and competitive trading fees which are incorporated in the spread. Spreads can either be fixed or variable, depending on the asset class being traded. The amount of fees varies between account types with the premium accounts having the lowest spreads and commissions. See this account comparison and the associated spreads and trading conditions below.

Security and Fairness

ThinkMarkets is one of the safest and most secure online trading brokerages in the industry. The broker is regulated by two of the best regulators being the Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC).

As well, client’s funds are held in segregated bank accounts with daily fund reconciliation. Also, European clients are protected by the Financial Services Compensation Scheme (FSCS) of up to £50,000 if the broker becomes insolvent. Other security measures include top of the line encryption on all transactions and user’s personal information. ThinkMarkets is a very safe, secure, and fair trading brokerage.

Support

One of ThinkMarkets main goals is to put their customers first and this is evident through their excellent level of customer support. Support representatives can be reached 24 hours a day, 6 days a week via email, live chat, or telephone. Telephone support is available from 4 different numbers, U.K., Australian, Australian local, and Spain. Additional methods of support include communication through their social media channels and information on the website such as the extensive FAQ page and very informative education center.

Conclusion

ThinkMarkets is a truly competent online trading brokerage who is committed to the success of their clients and takes security and regulation very seriously. The broker has won numerous awards and is used by traders from all over the world. ThinkMarkets accommodates both beginner and advanced traders and features two amazing trading platforms to choose from. As well, ThinkMarkets offers traders an impressive list of tradeable assets to choose from across various markets. All in all, ThinkMarkets is an excellent online trading brokerage.

ThinkMarkets Q&A

The following are the common questions that customers inquired about ThinkMarkets.

Is ThinkMarkets regulated?
Yes, it is regulated by the FCA and the ASIC.

Is ThinkMarkets a scam?
No, ThinkMarkets is a legit broker and is licensed in the U.K. and Australia.

Where is ThinkMarkets based?
ThinkMarkets’ main headquarters are located at Level 12, 636 St. Kilda Road, Melbourne, VIC, Australia 3004.

Screenshot

ThinkMarkets Screenshot
Details
ThinkMarkets Reviews by Traders
Rate Broker and write a review
1 2 3 4 5 6 7 8 9 10
RudyardK
122 reviews
Review date 13/06/2018
1 2 3 4 5 6 7 8 9 10
ThinkMarkets has some incredibly low commissions as well as good regulation and a good choice of trading platforms.
ThinkMarkets is another Market Maker broker out totake their clients money.
Peterpan1
153 reviews
Review date 11/06/2018
1 2 3 4 5 6 7 8 9 10
ThinkMarkets is a truly competent online trading brokerage who is committed to the success of their clients and takes security and regulation very seriously.
ThinkMarkets has some compelling customer complaints. They also are limited in how many assets you can trade with them.
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