According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $1
- MT4
- MT5
- ThinkTrader
- FCA
- ASIC
- FSCA
- FSA
- CySEC
- JFSA
- 2010
Our Evaluation of ThinkMarkets
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
ThinkMarkets is a moderate-risk broker with the TU Overall Score of 6.69 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by ThinkMarkets clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews.
ThinkMarkets’ terms and conditions are aimed at Western traders who use their own free capital to trade.
Brief Look at ThinkMarkets
ThinkMarkets was launched in 2010 and has grown to offer Forex & CFD trading services globally since then. ThinkMarkets is duly licensed by the FCA (629628) in the UK, ASIC (ACN: 158 361 561) in Australia, CySEC (215/13) in Cyprus, JFSA (1536) in Japan, FSCA (49835) in South Africa, and the FSA (SD060) in Seychelles. With ThinkMarkets, one can trade more than 3,500 global assets, including Forex, Indices, Commodities, Shares & ETFs, CFDs, and Crypto CFDs. ThinkMarkets is an award-winning broker with offices in several countries of the world, in particular in Johannesburg (South Africa), Tokyo (Japan), Limassol (Cyprus), Dubai, London (the United Kingdom), and Melbourne (Australia).
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US :
- narrow market spreads - from 0.0 pips;
- minimum deposit of $0 on the Standard account;
- regulated in countries with a high level of control over the activities of Forex brokers;
- availability of the social trading platform ZuluTrade for copying trades of successful traders.
- there are no cent accounts;
- there are no bonus programs, contests nor promotions that are held among its clients;
- trading terminals often freeze;
TU Expert Advice
Author, Financial Expert at Traders Union
ThinkMarkets provides a range of financial services including Forex and CFD trading on MT4, MT5, and its proprietary ThinkTrader platforms, with Standard and ThinkZero accounts. The broker offers over 3,500 tradable instruments, including Forex, indices, commodities, stocks, and cryptocurrencies, alongside the ZuluTrade social trading platform. Key trading advantages include tight spreads starting from 0.0 pips, leverage up to 1:500, and the availability of PAMM accounts for copy trading enthusiasts.
However, ThinkMarkets comes with certain drawbacks, such as the absence of cent accounts and bonus programs, and reports of occasional platform freezing. The lack of promotional offers may deter traders seeking incentives, while technical glitches could affect those engaging in frequent transactions. Nonetheless, ThinkMarkets’ extensive regulatory oversight and diverse product offerings make it suitable for traders who prioritize broad asset access and regulatory security over promotions.
ThinkMarkets Trading Conditions
Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
💻 Trading platform: | MT4, MT5, ThinkTrader |
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📊 Accounts: | Demo, Standard, ThinkZero |
💰 Account currency: | EUR, USD, AUD, CHF, GBP, JPY, CAD, NZD, SGD |
💵 Deposit / Withdrawal: | Bank transfer, credit and debit cards Visa / Mastercard, Neteller, Skrill, Cryptowallet |
🚀 Minimum deposit: | $500 |
⚖️ Leverage: | Up to 1:500 |
💼 PAMM-accounts: | Yes |
📈️ Min Order: | 0.01 |
💱 EUR/USD spread: | 0,1 pips |
🔧 Instruments: | Forex, CFDs on stocks, CFDs on indices, precious metals, commodities, cryptocurrency, ETFs & Futures |
💹 Margin Call / Stop Out: | 50%/50-100% |
🏛 Liquidity provider: | No data |
📱 Mobile trading: | Yes |
➕ Affiliate program: | Yes |
📋 Order execution: | Instant Execution |
⭐ Trading features: | Yes |
🎁 Contests and bonuses: | No |
The trading conditions of ThinkMarkets are suitable for both novice and experienced traders. The broker offers low spreads - from 0.0 pips and leverages up to 1:500. There are no requirements on the Standard account for the amount of the minimum deposit: it starts from $0 (or another account currency). The minimum trade volume is 0.01 lots. It is possible to open an Islamic account with standard conditions, but no swaps are charged.
ThinkMarkets Key Parameters Evaluation
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Trading Account Opening
To become a client of ThinkMarkets and trade with a Forex broker, you need to:
Register on the official website of the company and open a trading account. To do this, on the main page, click the "Create Account" button.


Indicate your full name, phone number, email address, country of residence. Choose an account type: demo, individual, joint, or corporate. Download the terminal (or go to the web version) and enter the login and password generated by the broker in it. Verification is required before making a deposit.
In the ThinkMarkets personal account, the broker's client can:




In your personal account, you will have access to the following functions:
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connection to a free VPS server;
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prompt communication with technical support specialists;
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viewing the history of transactions carried out on accounts.
Regulation and safety
ThinkMarkets 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 15 years
- Strict requirements and extensive documentation to open an account
ThinkMarkets Regulators and Investor Protection
Abbreviation | Full Name | Country of regulation | Investor Protection Fund | Regulation Level |
---|---|---|---|---|
|
Financial Conduct Authority | United Kingdom | Up to £85,000 | Tier-1 |
|
Cyprus Securities and Exchange Commission | Cyprus | Up to €20,000 | Tier-1 |
|
Australian Securities and Investments Commission | Australia | No specific fund but has stringent consumer protection | Tier-1 |
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Japan Financial Services Agency | Japan | No specific fund | Tier-1 |
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Dubai Financial Services Authority | Dubai | No specific fund | Tier-2 |
|
Financial Sector Conduct Authority of South Africa | South Africa | No specific fund | Tier-2 |
|
Financial Markets Authority of New Zealand | New Zealand | No specific fund | Tier-2 |
ThinkMarkets Security Factors
Foundation date | 2010 |
Negative balance protection | Yes |
Verification (KYC) | Yes |
Commissions and fees
The trading and non-trading commissions of broker ThinkMarkets have been analyzed and rated as Medium with a fees score of 7/10. Additionally, these commissions were compared with those of the top two competitors, Pepperstone and OANDA, to provide the most comprehensive information.
- Tight EUR/USD market spread
- No deposit fee
- No withdrawal fee
- Above-average Forex trading fees
- Inactivity fee applies
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of ThinkMarkets with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, ThinkMarkets’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
ThinkMarkets Standard spreads
ThinkMarkets | Pepperstone | OANDA | |
EUR/USD min, pips | 0,2 | 0,5 | 0,1 |
EUR/USD max, pips | 0,3 | 1,5 | 0,5 |
GPB/USD min, pips | 0,3 | 0,4 | 0,1 |
GPB/USD max, pips | 0,5 | 1,4 | 0,5 |
RAW/ECN Account Commission And Spread
The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.
ThinkMarkets RAW/ECN spreads
ThinkMarkets | Pepperstone | OANDA | |
Commission ($ per lot) | 3,5 | 3 | 3,5 |
EUR/USD avg spread | 0,1 | 0,1 | 0,15 |
GBP/USD avg spread | 0,1 | 0,15 | 0,2 |
Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with ThinkMarkets. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
ThinkMarkets Non-Trading Fees
ThinkMarkets | Pepperstone | OANDA | |
Deposit fee, % | 0 | 0 | 0 |
Withdrawal fee, % | 0 | 0 | 0 |
Withdrawal fee, USD | 0 | 0 | 0-15 |
Inactivity fee ($, per month) | 20 | 0 | 0 |
Account types
ThinkMarkets offers two types of trading accounts: Standard and ThinkZero. Their conditions are suitable not only for professional traders but also for beginners in Forex. The accounts differ in the size of the minimum deposit and spreads, and the existence or non-existence of a commission.
Account types:
Before opening a real account with a broker, every interested trader can test the speed of the terminals and trading conditions on a demo account.
ThinkMarkets is a regulated international broker whose trading conditions are suitable for traders of any Forex experience.
Deposit and withdrawal
ThinkMarkets received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
ThinkMarkets provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.
- No deposit fee
- Low minimum withdrawal requirement
- Supports 5+ base account currencies
- PayPal supported
- BTC payments not accepted
- BTC not available as a base account currency
- Wise not supported
What are ThinkMarkets deposit and withdrawal options?
ThinkMarkets provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, PayPal, Skrill, Neteller.
ThinkMarkets Deposit and Withdrawal Methods vs Competitors
ThinkMarkets | Plus500 | Pepperstone | |
Bank Wire | Yes | Yes | Yes |
Bank card | Yes | Yes | Yes |
PayPal | Yes | Yes | Yes |
Wise | No | No | No |
BTC | No | No | No |
What are ThinkMarkets base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. ThinkMarkets supports the following base account currencies:
What are ThinkMarkets's minimum deposit and withdrawal amounts?
The minimum deposit on ThinkMarkets is $500, while the minimum withdrawal amount is $30. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact ThinkMarkets’s support team.
Markets and tradable assets
ThinkMarkets offers a wider selection of trading assets than the market average, with over 4000 tradable assets available, including 50 currency pairs.
- 50 supported currency pairs
- 4000 assets for trading
- Copy trading platform
- Bonds not available
- Futures not available
Supported markets vs top competitors
We have compared the range of assets and markets supported by ThinkMarkets with its competitors, making it easier for you to find the perfect fit.
ThinkMarkets | Plus500 | Pepperstone | |
Currency pairs | 50 | 60 | 90 |
Total tradable assets | 4000 | 2800 | 1200 |
Stocks | Yes | Yes | Yes |
Commodity futures | Yes | Yes | Yes |
Crypto | Yes | Yes | Yes |
Stock indices | Yes | Yes | Yes |
Options | No | Yes | No |
Investment options
We also explored the trading assets and products ThinkMarkets offers for beginner traders and investors who prefer not to engage in active trading.
ThinkMarkets | Plus500 | Pepperstone | |
Bonds | No | No | No |
ETFs | Yes | Yes | Yes |
Copy trading | Yes | No | Yes |
PAMM investing | No | No | Yes |
Managed accounts | No | No | No |
Customer support
Support service hours: 24/7.
Advantages
- Fast communication by phone and online chat
- Multilingual support
- 24/7 customer support
Disadvantages
- No
Available methods to contact the broker’s support service:
by phone in the UK, Australia, Spain, Italy;
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by email;
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in a live chat on the official website;
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in messengers of Facebook and Twitter.
Support is available from the broker's website and through your personal account.
Contacts
Foundation date | 2010 |
---|---|
Registration address | Hana, 4th Floor, 70 St Mary Axe, London EC3A, United Kingdom |
Regulation |
FCA, ASIC, FSCA, FSA, CySEC, JFSA
Licence number: 629628, 424700, 49835, SD060, 215/13, 0250 |
Official site | thinkmarkets.com |
Contacts |
+44 203 514 2374, +61-3-9093-3400
|
Education
To help beginners and experienced traders, this broker's website has two sections - "Learn to Trade" and "Market Analysis". The first section contains educational materials, the second contains market news, an economic calendar, and technical analyses.
A demo account is provided on which you can apply the theoretical knowledge you recently gained.
Comparison of ThinkMarkets with other Brokers
ThinkMarkets | Eightcap | XM Group | RoboForex | VT Markets | InstaForex | |
Trading platform |
ThinkTrader, MT4, MT5 | MT4, MT5, TradingView | MT4, MT5, MobileTrading, XM App | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | MetaTrader4, MetaTrader5, VT Markets App, Web Trader+ | MT4, MultiTerminal, MobileTrading, MT5, WebTrader |
Min deposit | No | $100 | $5 | $10 | $50 | $1 |
Leverage |
From 1:1 to 1:500 |
From 1:30 to 1:500 |
From 1:1 to 1:30 |
From 1:1 to 1:2000 |
From 1:1 to 1:500 |
From 1:1 to 1:1000 |
Trust management | No | No | No | No | Yes | Yes |
Accrual of % on the balance | No | No | No | 10.00% | No | No |
Spread | From 0 points | From 0 points | From 0.8 points | From 0 points | From 0 points | From 0 points |
Level of margin call / stop out |
100% / 50% | 80% / 50% | 100% / 50% | 60% / 40% | No / 50% | 30% / 10% |
Order Execution | Instant Execution | Market Execution | Market Execution | Market Execution, Instant Execution | Market Execution | Instant Execution |
No deposit bonus | No | No | No | No | No | No |
Cent accounts | No | No | No | Yes | No | Yes |
Detailed Review of ThinkMarkets
The ThinkMarkets Broker is committed to the principles of honesty, transparency, and security. All client funds are kept separately from the capital of the company itself. The funds are maintained in segregated accounts with verified international banks. Among the main priorities of the company is the introduction of advanced data transmission technologies to ensure the fastest possible execution of trades. ThinkMarkets is also constantly expanding its range of trading tools. So, in 2013, the broker's clients began to trade CFDs.
The main figures that characterize the ThinkMarkets broker are:
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traders from 180 countries of the world became clients of the company;
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more than 3500 trading instruments are available;
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$1 million of insurance coverage is offered
ThinkMarkets is a multi-regulated active trading broker
ThinkMarkets is a broker with six international licenses that offers an optimal set of functionalities for active trading. Clients trade from standard accounts as well as ThinkZero accounts with average spreads from 0.1 pips. ThinkMarkets provides clients with the option to open an account that is used by two or more individuals. Islamic clients can open an account without swaps. The company strives to ensure the fastest possible trade execution speed, therefore its servers are located in the data centers LD5 (London) and HK4 (Hong Kong) of the American corporation Equinix.
The broker's clients can use the universal platforms MetaTrader 4 and MetaTrader 5 for trading, as well as ThinkMarkets' own development, the ThinkTrader terminal. All trading platforms have desktop and web versions, as well as mobile applications for devices with Android and iOS operating systems.
Useful services of ThinkMarkets investments:
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Trading Central. A set of tools that allows you to make forecasts based on technical and fundamental analysis. When compiling them, automated programs are used and the opinion of Forex experts is taken into account;
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VPS hosting. A virtual dedicated server that promotes the stable and fast operation of trading terminals under any conditions.
Advantages:
availability of an insurance fund with the possibility of compensation up to $1 million in the event of the company's bankruptcy;
keeping client funds in segregated accounts that are not related to the broker's capital;
more than 3,500 Forex and CFD trading instruments;
floating spread from 0.0 pips for volatile currency pairs;
the ability to open an Islamic account (no swaps);
there is a social trading platform ZuluTrade for instant copying of trades of successful traders.
Traders can apply any type of strategy - short, medium, or long term, including scalping.
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