Headquartered in the UK and Australia, ThinkMarkets (formerly ThinkForex) is a global brokerage specialising in foreign exchange (‘FX’), metals and global CFD trading, as well as spread betting.
Dedicated to delivering high quality execution and service to an ever growing range of traders, ThinkMarkets is established as an industry leader in identifying and developing new trading technologies, having been named “Best Broker Australasia” by the World Finance Awards, “Best New Contributor” by FXStreet and “Best Forex Broker in Asia” at the China Forex Expo.
The firm recently launched its proprietary in-house trading platform ThinkTrader, which gives the users the ability to trade on a multi-assets platform with greater functionality and execution.
ThinkMarkets are focused on helping their users, and run a number of educational and support initiatives. As well as providing 24/5 customer support, ThinkMarkets also provide a full suite of trading guides, tutorial seminars, webinars and videos as part of their cornerstone ThinkMarkets University.
ThinkMarkets is a trading name of TF Global Markets (UK) Ltd, fully authorised and regulated by the Financial Conduct Authority (FCA) with licence number 629628 in the UK and the Australian Securities and Investments Commission (ASIC) with AFSL number 424700 in Australia.
Typical Spread on Majors
|Headquarters||Melbourne, Australia; London United Kingdom|
|Type of Broker||STP & ECN/STP|
|Regulated By||Regulated By ASIC (Australia), FCA (UK)|
|Offices In||Australia, United Kingdom|
|Supported Languages||English, German, French, Spanish, Italian, Arabic, Vietnamese, Mandarin, Cantonese, Greek, Thai, Bahasa Malaysia, Bahasa Indonesia|
|ESMA Regulation ?||This broker is regulated within the E.U and may be subject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article|
|Account Currencies||AUD, USD, CHF, GBP, EUR, JPY, SGD|
|Traders from USA Allowed||No|
|Clients Funds Segregated||Yes|
|Interest on Margin||No|
|Islamic Account Restrictions||Muslim Faith Only|
|ECN / STP Accounts Offered||Yes|
|Commission on STP or ECN||3 Units Base Currency per Lot per side (Pro Accounts)|
|VIP Accounts Offered||Yes|
|VIP Account Requirements||$25,000 Minimum Deposit|
|Mini Accounts Offered||Yes|
|PAMM / MAM Solutions||Yes|
|Web Based Trading||Yes|
|Funding Methods||Credit/Debit Cards, Wire Transfer, Skrill, Neteller, PaymentAsia, FasaPay, WebMoney|
|Withdrawal Methods||Credit/Debit Cards, Wire Transfer, Skrill, Neteller, Payment Asia, FasaPay, WebMoney|
|Platforms Offered||MetaTrader 4, MetaTrader 4 Android, MetaTrader 4 iOS, MetaTrader 4 Mobile, WebTrader, ThinkTrader, ThinkTrader iOS, ThinkTrader Android, ThinkTrader Web|
|NO of Pairs||130|
|Trade off Charts||Yes|
|MetaTrader Server Time||GMT + 2|
|Demo Account Expiry||Non-Expiring|
|Free VPS Conditions||Free with Standard and Pro Accounts. Minimum $2500 balance and 10 Lots traded per month|
|Minimum Contract Size||0.01|
|Option of OCO||Yes|
|Option of FIFO||No|
|Negative Balance Protection||No|
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