ThinkMarkets is a multi-award-winning online broker based out of London, England, and Melbourne, Australia. Similar to most top brokers, ThinkMarkets provides an excellent selection of currency pairs and a wide range of CFDs on stocks, cryptocurrencies, futures, and more.
- Three of the most appreciated trading platforms in the industry on offer
- $0 minimum deposit for anyone looking to open a Standard account
- Educational material for every trader regardless of experience
- Limited crypto assets
On the following page, you can read our review of ThinkMarkets and find useful information about the broker’s offering and reputation.
Who Are ThinkMarkets?
ThinkMarkets was first launched in 2010 and has quickly grown to become a truly global broker with local offices around the world, including in Asia-Pacific, Middle East, and North Africa, Europe, and South America.
This also means that ThinkMarkets has been approved and licensed by some of the world’s most trusted regulatory agencies, ranging from the AFSL.
In addition, ThinkMarkets is always putting its clients first by providing the latest in trading technology. Today, their toolbox of trading platforms includes both MetaTrader 4 and MetaTrader 5 as well as the in-house developed and award-winning ThinkTrader platform.
As per costs and fees, ThinkMarkets is fairly honest providing a tight spread on major forex pairs and selected assets. There is also a $0 minimum deposit for the Standard account while a ThinkZero account will set you back $500 the first time you deposit.
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Our Opinion About ThinkMarkets
We appreciate ThinkMarkets and its dedication to providing the latest trading tools and award-winning platforms. There is also a clear focus on being easy to use for beginners and adjustable to professionals, which we also like.
When reviewing the broker, it became clear that they provide the best trading services to UK and Australian traders, while they are lagging a bit behind on other international markets. We would also like to see them add more assets from other markets to improve the overall experience.
In the end, ThinkMarkets is a fantastic broker for beginners looking to learn how to trade forex and CFDs using a reliable and established broker.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% 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.
great broker, platform is very easy to use
I was able to open a demo account without any trouble, so I can practice for a long time until I feel confident about trading with real money
I like this
I don’t know and never heard about the broker as well. I am with IG and XTB as an ECN trading. Their web trading platform is well-designed and you can easily customize the same. Additionally, you will find many useful educational tools in terms of learning. Depositing and Withdrawing money is easy as well as there are multiple options available too.