ThinkMarkets Review

ThinkMarkets is a well-known forex and CFD broker. It has been serving traders since 2010. ThinkMarkets has built a reputation for providing a good and safe trading environment. That environment is suitable for both novice and experienced traders.

ThinkMarkets is committed to enhancing the trading journey of their clients. They do that by creating excellent trading conditions, new tools, and free educational resources. 

ThinkMarkets Pros and Cons

Is ThinkMarkets Secure?

ThinkMarkets is regulated by FCA, ASIC, FSCA, CySEC, and FSA. These licenses ensure that ThinkMarkets offers a safe trading environment.

Markets and Products

ThinkMarkets offers over 4000 trading instruments including:

• Forex
• Commodities
• Cryptocurrencies
• Indices
• Stocks
• ETFs
• Futures

The leverage depends on the regulatory jurisdiction and account type.

Under FCA (UK) and ASIC (Australia):

• Forex Majors: 30:1
• Forex Minors and Exotic Pairs: 20:1
• Indices and Commodities: 20:1
• Cryptocurrencies: 2:1

Under FSCA (South Africa) and FSA (Seychelles):

• Forex Majors: 500:1
• Indices and Commodities: 200:1
• Cryptocurrencies: 10:1

Professional Accounts (FCA and ASIC):

• Forex Majors: Up to 400:1
• Indices and Commodities: Up to 200:1

ThinkMarkets Fees and Charges

ThinkMarkets doesn’t charge any fees for withdrawal and deposit. The ThinkZero account has a $3.5 commission per side, while other accounts don’t have a commission.

ThinkMarkets Account Types & Account Opening

There are several account types you can choose from at ThinkMarkets:

Account Type	Minimum deposit	Max Leverage	Spreads	Commission
Standard	$250	500:1	from 0.4 pips	$0
ThinkTrader	$50	500:1	from 0.4 pips	$0
ThinkZero	$500	500:1	from 0.0 pips	$3.50 per side

Besides, as a bonus, there’s a Demo account, a Swap-free Islamic account, and a Joint account.

How to Open an Account

Opening an account at ThinkMarkets is easy:

• Click the “Register” button on the website
• Fill in the needed information
• Choose the account type you want
• Make your first deposit
• And you’re done!

Trading Platforms

ThinkMarkets offers three trading platforms you can choose MT4, MT5, and TradingView. The first two are the popular platforms used by many brokers. TradingView on the other hand is a trading platform we don’t see that often. It was founded in 2011. It offers many modern trading features.

Mobile Trading Platform

ThinkMarkets has a mobile app available for iOS and Android devices. The app fully supports all trading instruments, and has many cool features.

Web Trading Platform

If you prefer to trade through your browser, the ThinkTrader web platform is great. It includes all the tools, and it offers a perfect trading experience without the need to download anything.

Desktop Trading Platform

There’s also a browser-based platform which you can use. It’s not missing any features. If you prefer this way of trading, you can be sure you’re not missing out.

ThinkMarkets Research Tools

The research tools ThinkMarkets offers are:

• Advanced Charting tools
• Trading Analysis
• Research Reports
• Social Trading
• Economic and Financial News

ThinkMarkets Educational Content

ThinkMarkets really made sure to focus on educational content for their users. The content has resources for all skill levels. Their learning center includes video tutorials, webinars, trading guides, and articles covering everything from basic trading concepts to advanced strategies. 

Customer Service Overview

There are a few ways you can get in touch with ThinkMarkets:

• Live chat
• Email: support@thinkmarkets.com
• Phone: +44 203 514 2374 (UK); +44 203 514 2374 (UK)
• Filling a form

ThinkMarkets Deposit and Withdrawals

ThinkMarkets accepts the following payment options:

• Swift
• Crypto
• Visa
• Mastercard
• Apple Pay
• Google Pay
• Neteller
• Skrill
• UPI
• Indian Net Banking
• MPesa 
• Mobile Money Ghana

Note that these depend on the region you’re from. Some options aren’t available in your region. Most deposits are accepted instantly. Except Swift which takes up to 3 business days.

Withdrawal Methods and Payout Times

You can withdraw your funds using:

• Bankwire
• Visa
• Mastercard
• Skrill
• Neteller
• Swift
• Sepa
• Apple Pay
• Google Pay

The minimum withdrawal amount is $30. But, Bankwire and Crypto withdrawals require $100 and USDT 10. Withdrawals are usually processed within 24 hours. But the day you get your funds depends on the withdrawal method you choose.

ThinkMarkets Online User Reviews and Ratings

ThinkMarkets is rated 4.5 stars on Trustpilot. 76% of the reviews are 5 stars. Users love customer support, fast execution speed, and safety. 12% of the 1-star reviews are users who mostly have issues with deposits and withdrawals. 

Author Opinion on ThinkMarkets

ThinkMarkets is watched over by big regulators like FCA and ASIC, which means your money’s in safe hands. Whether you’re just starting out or you’ve been trading for years, they’ve got something for everyone. They’ve got these different account types you can choose from.

What I like about them is how they help you learn. There’s loads of stuff to read and watch if you want to understand trading better.  If you’re looking for a broker that’s reliable and has good support when you need help, ThinkMarkets does the job. They keep things simple but professional, and that’s what most traders want. 

Frequently Asked Questions