ThinkMarkets Review 2023 Investing com AU

ThinkMarkets Review 2023 Investing com AU

If you make money with these guys and they dont like the way you trade they will not even pay you. At least other shit props pay you and then cancel your account which at least shows some honor. This is from someone that has used many different companies for over 3 years. It was great experience as i did for the first time and what make it better “samuel ” he was very supportive decently and high professional… Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. If you have experience trading with ThinkMarkets please share your personal review of the broker and what you think are strong and weak points.

Available Assets at ThinkMarkets

• This fee structure is designed to be transparent and fair, aligning with industry standards while supporting the financial well-being of active traders.
• As part of this broker review, we list out all its various subsidiaries, addresses, and company numbers.
• ThinkMarkets has a Margin Call Policy that is being implemented on forex, indices, and energy assets.
• Standard account spreads are wider, as there are no commission costs.
• It is regulated by several top-tier authorities, enhancing its credibility and trustworthiness among traders.

However, those that reside in Australia will be provided with a real shares investment option. ThinkMarkets’ cryptocurrency offering is relatively large compared to many of its competitors. This broker allows traders to buy and sell up to 20+ coins including Bitcoin, Ethereum, Cardano, and Solana. Ensuring the safety and security of client funds and personal information is a cornerstone of ThinkMarkets’ operations. The broker has focused on building a trustworthy reputation through stringent regulatory compliance and advanced security protocols. ThinkMarkets offers customer support via live chat, phone, and email 24/7.

Demo account

Professional traders will lose negative balance protection and automotive close you when trading account equity falls below 50%. There are no deposit fees, but there is a charge for withdrawals for international transfers at $25. All content on this site is for informational purposes only and does not constitute financial advice. Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions.

A broker respect his customers

To meet ESMA requirements, FCA has some regulations that online brokers in the UK must follow. While ThinkMarkets offers the same Standard account and ThinkZero account with the same basic trading conditions to all clients, leverage and risk management vary. The ECN-like account type provides an institutional trading environment with thinkmarkets review ultra-tight spreads and low commission fees. As spreads are tight and commissions are low, the ThinkZero account is suitable for day trading, scalping and for traders using Expert Advisors.

For more detailed queries or issues that require thorough investigation, email support is available, providing a way for clients to receive comprehensive responses. Additionally, the telephone support service offers a direct line to customer service agents, ensuring personal and immediate assistance. ThinkMarkets’ commitment to providing accessible and responsive customer support underscores its dedication to client satisfaction and operational excellence. ThinkMarkets periodically provides bonuses and promotional offers to reward its clients, enhancing their trading experience with additional value.

• Over 20% of TrustPilot reviews were negative and another 70%+ were positive, meaning that people on the site had mixed reactions to the broker’s success rates and customer service.
• While ThinkMarkets offers the same Standard account and ThinkZero account with the same basic trading conditions to all clients, leverage and risk management vary.
• Our favorite solution is the partnership with Signal Centre.
• This provides actionable trading signals directly into the broker’s platforms.
• To avoid a margin call, make sure you have enough capital in your account.
• With this account, you will gain access to their free VPS service and all their trading platforms.

Deposit/Withdrawal Options and Fees

Moreover, the broker provides demo trading which is a good way for you to put what you have learned into practice without making any financial commitment. The ThinkZero account has spread starting from just 0 pips with an average FX spread of 0.1 pips. The minimum balance required is $500 with a commission charge of $3.5 per side, which applies to FX and metals only. There is a free VPS offered to clients who trade at least 15 round lots per month. ThinkZero account holders also can trade in bigger volumes than Standard account holders.

The company holds licenses with some of the most respected regulatory bodies, including the UK’s FCA. Note, the demo account on MT4 / MT5 will expire after 90 days of inactivity. With the Standard trading account, there is no minimum deposit.

Stocks

ThinkMarkets has an average rating of 3.196 from 181 different reviews. There are many indicators available on the ThinkTrader desktop application. Some of the indicators available include Bollinger Bands, Chaikin Volatility, and Coppock Curve. Traders who specialize in trading this particular financial asset can select from a long list which includes BMD, CAMDEN PROPERTY, and DRAGONEER.

We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points. ThinkMarkets provides an extensive and diverse array of educational resources aimed at enhancing the trading knowledge and skills of its clients. Additionally, ThinkMarkets offers a dedicated blog and video library that provide regular market updates, trading tips, and insights into the latest financial trends. This commitment to education helps ensure that all clients have the tools and knowledge necessary to navigate the markets more effectively.