The CompareForexBrokers team created a trading platform selector so you can work out what trading software best matches your trading needs. I recommend you complete the short 5 step questionnaire which will help you determine your most suitable forex platform. While there is no difference between account types regarding CFD trading, ThinkZero account holders gain access to discounted pricing on metals.
The broker’s proprietary ThinkTrader platform is slick and intuitive. Users get over 125 indicators, 50 drawing tools, plus 20 different chart types. Clients instaforex review also benefit from close to 200 free cloud-based notifications.
With the Standard trading account, there is no minimum deposit. However, the ThinkZero account comes with a $/£500 minimum deposit requirement. ThinkMarkets is according to my own research, the CFD broker with the lowest spreads for the DAX and BTC/ETH. Islamic trading accounts and joint accounts are also available. Demo accounts on MT4/MT5 will expire after 90 days of fxprimus review inactivity and demo accounts on the ThinkTrader platform do not expire but ThinkMarkets do reserve the right to close them. ThinkMarkets joined the TradingView party in 2024, fully integrating with one of the world’s leading charting platforms and social trading networks.
Additional Features
If you’re looking for an STP forex broker with a reputation for tight spreads, then ThinkMarkets is a great option. ThinkMarkets offers 46 currency pairs for forex trading, choice of MetaTrader 4, 5 and ThinkTrader trading platforms. To evaluate brokers, we test the accounts, trading tools and services provided. Over 200 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process. ThinkMarkets customers have a choice of three trading platforms.
While no additional trading cost is charged by ThinkMarkets, except the spread. ThinkMarkets are regulated by multiple top-tier financial authorities around the world. There are no deposit fees, but there is a charge for withdrawals for international transfers at $25. Our broker reviews are reader supported and we may receive payment when you click on a partner site. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry.
While forex spreads can be as low as 0.0 pips during times of market volatility, average spreads are 0.1 pips for many major currency pairs. ThinkMarkets has a pretty good library of educational resources. For beginners, there are free video tutorials and a trading glossary. Tutorials aimed at intermediate and advanced traders are also available. Additionally, trend PDFs, market news, and blogs from industry experts can be found on the broker’s website. The broker offers negative balance protection to stop clients from losing more than their deposits.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. MetaTrader is a powerful, customisable trading platform designed for trading on multiple markets.
- Clients also benefit from close to 200 free cloud-based notifications.
- If you’re looking for an STP forex broker with a reputation for tight spreads, then ThinkMarkets is a great option.
- Previously Trade Interceptor, ThinkMarkets has enhanced the platform to provide a superior mobile trading experience.
- Another advantage of using MT5 over MT4 includes the trading platforms for customer support.
- To trade with ThinkMarkets, there is no minimum deposit requirement to open an account however clients will need to make a deposit of £/$500 to trade.
- Established in 2010, ThinkMarkets is an innovative, market leading provider of online trading services.
See our spreads in real time
Since 2010, the online broker has expanded its trading operations, attracting 550,000 users in 180 countries, including Indonesia, Egypt, the UAE, and Bulgaria. We provide exceptional trading conditions, substantial funded accounts, and unparalleled support to unlock your true potential and achieve financial independence. Refine skills, prove consistency, access substantial funding. Features balance-based drawdown for realistic risk management. Rapid funding, straightforward process, with growth potential up to $1 million. Trade confidently using institutional-grade security and advanced tools, including TradingView integration.
Indices
Our review will unpack the login process, client portal features, and more. At ThinkCapital, we’re redefining prop trading by working closely with ThinkMarkets, a globally recognized, multi-regulated broker. Our goal is to democratize trading, making it accessible to skilled traders regardless of their financial background. ThinkMarkets Australian brokerage services are located in Melbourne and regulated by the Australian Securities and Investments Commission (ASIC). Spread Betting is an alternative form of derivatives trading to CFDs.
- ThinkMarkets do not charge customers any fees when making deposits and withdrawals from their trading accounts.
- Popular in the UK because of its capital gains saving, spread betting allows you to speculate on price movements in a range of markets.
- Traders can receive up to 40 signals each day spanning popular financial markets, including forex, equities, commodities and indices.
Trade on MetaTrader 5 with ThinkMarkets
There is no minimum deposit with the Standard fbs broker review account, but the ThinkZero account requires a minimum deposit of $/£500. Fund your account with at least $50 or the equivalent in your base currency. Top charting platform in the world for technical and fundamental analysis.
Exclusive ThinkTrader features
The following leverage is the maximum available for Professional traders. ThinkMarkets offers a demo account with $/£25,000 in virtual cash. If you have experience trading with ThinkMarkets please share your personal review of the broker and what you think are strong and weak points. Compare the markets and instruments offered by ThinkMarkets and its competitors. Please note, some markets may only be available via CFDs or other derivatives. The ThinkMarkets website is secured using industry-standard encryption protocols.
Direct chart trading is also available, along with standard risk management tools and multiple order types. Three trading platforms are available; the broker’s own ThinkTrader, MetaTrader 4 (MT4), and MetaTrader 5 (MT5). Take it a step further with the ThinkZero Account, offering raw spreads and low commissions. Enjoy reliable execution on MT4 and MT5 with advanced integrated analysis tools.
Begin trading from a wide range of instruments across several global markets. Trade on the latest MetaTrader platform and access a seamless trading experience. With MetaTrader 5 (MT5), you can utilise Expert Advisors, customisable charts, dozens of technical indicators, a multi-thread Strategy Tester, and more. Trade selected forex pairs and metals with 0 spreads on a ThinkZero account.