Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
ThinkMarkets Pros & Cons
- Narrow market spreads - from 0.0 pips.
- Minimum deposit of $50 on the ThinkTrader account.
- Regulated in countries with a high level of control over the activities of Forex brokers.
- Availability swap-free accounts.
- There are no cent accounts.
- There are no bonus programs, contests nor promotions that are held among its clients.
TU Expert Verdict
ThinkMarkets demonstrates moderate stability and can suit certain traders. Its conditions are acceptable, and feedback is mixed but reasonable. In my own tests, it performed adequately, though it lacks the consistency of higher-rated companies.
Top-5 Brokers Traders Prefer
ThinkMarkets User Reviews
-
5-star
7%
-
4-star
22%
-
3-star
69%
-
2-star
1%
-
1-star
1%
-
Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria7 /10The trading and non-trading commissions of ThinkMarkets have been analyzed and rated as having Medium fees, with a fees score of 7/10. Additionally, these commissions were compared with those of the top two competitors, ZForex and OANDA, to provide the most comprehensive information.
- Low Forex trading fees
- Tight EUR/USD market spread
- No deposit fee
- No withdrawal fee
- Inactivity fee applies
-
Is ThinkMarkets Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria10 /10ThinkMarkets has a safety score of 10/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Tier-1 regulated
- Negative balance protection
- Regulated in the UK
- Track record over 16 years
- Strict requirements and extensive documentation to open an account
-
Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.6.1 /10ThinkMarkets offers the following account options: Demo, Standard, ECN/Raw spread, Swap Free.
However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.
- Demo account
- Swap Free (Islamic) account
- Standard account with balanced trading conditions
- No Cent account
- Micro lots are not available
-
Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology7.5 /10ThinkMarkets received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
-
Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria8.3 /10ThinkMarkets offers a wider selection of trading assets than the market average, with over 4000 tradable assets available, including 50 currency pairs.
-
Trading Account Opening
We successfully registered an account with ThinkMarkets in 20 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at ThinkMarkets is $500.Score:We evaluated Trading Account Opening at ThinkMarkets by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.6 /10The onboarding procedure works as expected, although there is room for improvement in speed and simplicity.
-
Customer Support
Score:We evaluated Customer Support at ThinkMarkets by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria4.9 /10
Best ThinkMarkets Alternatives
FAQs
How is ThinkMarkets regulated and what safety measures does it offer?
ThinkMarkets is regulated by several Tier-1 authorities, including the FCA (UK), CySEC (Cyprus), ASIC (Australia), and JFSA (Japan), as well as Tier-2 regulators such as DFSA (Dubai), FSCA (South Africa), and FMA (New Zealand). It has a safety score of 10/10, offers negative balance protection, requires KYC verification, and provides access to investor compensation schemes in some jurisdictions, such as up to £85,000 under the UK FCA and up to €20,000 under CySEC.
What trading commissions, spreads, and non-trading fees does ThinkMarkets charge?
According to this section, ThinkMarkets has medium overall fees with a score of 7/10, featuring low forex trading fees, tight EUR/USD spreads, and no deposit or withdrawal fees, but it does apply an inactivity fee. On Standard accounts, EUR/USD spreads typically range from 0.2–0.3 pips and GBP/USD from 0.3–0.5 pips, while RAW/ECN accounts show average spreads of 0.1 pips on EUR/USD and GBP/USD with a $3.5 commission per lot, and non-trading fees include a $20 per month inactivity fee.
What do ThinkMarkets user reviews and feedback say about overall satisfaction?
ThinkMarkets has a user satisfaction score of 6.6/10 based on 91 reviews, with most ratings clustered around 3 and 4 stars and relatively few very high or very low ratings. According to user reviews, overall sentiment is mixed rather than strongly positive or negative.
What deposit and withdrawal methods and conditions are mentioned in reviews of ThinkMarkets?
This section states that ThinkMarkets supports deposits and withdrawals via bank cards, bank wire, PayPal, Skrill, and Neteller, and it offers more than five base account currencies, including USD, EUR, GBP, JPY, AUD, and CHF. The broker has a medium score of 7.5/10 for funding processes, with low minimum withdrawal requirements but no support for Wise, USDT, or BTC, and the minimum deposit and withdrawal amounts are $500 and $30 respectively, which may vary by account type and payment method.
How do reviews describe the ThinkMarkets account opening process?
The account opening process at ThinkMarkets is fully online, with registration taking about 20 minutes and KYC verification typically completed within 2 business days, and the minimum deposit is listed as $500. Based on available user reviews in this section, the onboarding works as expected but may feel slower or more complex for some clients, as account approval can require extra time depending on documentation.
Articles that may help you
-
#For Beginners
ThinkMarkets Fees and Spreads (June 2026)
June 2026 Andrey Mastykin -
#For Beginners
ThinkMarkets Minimum Deposit and Funding Options
June 2026 Andrey Mastykin -
#For Beginners
Is ThinkMarkets Regulated and Safe in 2026
June 2026 Mikhail Vnuchkov -
#For Beginners
ThinkMarkets Maximum Forex & CFDs Leverage Explained (2026)
June 2026 Andrey Mastykin -
#For Beginners
ThinkMarkets Available Countries – Full List (2026)
June 2026 Mikhail Vnuchkov -
#For Beginners
ThinkMarkets Withdrawal Fees, Time & Payment Methods (2026)
June 2026 Parshwa Turakhiya -
#For Beginners
Can I Learn Forex Trading On My Own? A Practical Guide
June 2026 Michael Berman -
#For Beginners
Is It Possible To Create A Forex Robot?
June 2026 Oleg Tkachenko -
#For Beginners
Best Fast Execution Forex Brokers In 2026
June 2026 Parshwa Turakhiya