ThinkMarkets Review Australia 2024

Your success depends on selecting the best broker, and ThinkMarkets is the first company that springs to mind. Is it, however, the best online trading platform for you? In order to assist you in making an informed decision, this in-depth ThinkMarkets review for 2024 explores the broker’s offers in great detail and analyzes both its advantages and disadvantages. Here we’ll cover its platforms, fees, assets, educational materials, customer support, and regulations to give you a thorough grasp of what ThinkMarkets has to offer.

This evaluation will offer you with all of the information you need, regardless of your level of experience, to decide whether ThinkMarkets is a good fit for your trading ambitions. So prepare to explore the world of ThinkMarkets!

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Pros and Cons

There are many ThinkMarkets pros and cons of using this platform to generate income and start trading. Everything from providing the best user experience to charging lower fees, this platform outshines its competitors in various ways.

Although there are many pros to using this platform, there are a few cons that you must consider before you start using this platform for various informational purposes. We have listed the pros and cons below for your reference:-

What is ThinkMarkets?

In 2010, ThinkForex was launched in New Zealand to improve the forex trading experience by offering cutting-edge technologies to the community. Furthermore, as part of the company’s quick development program and expanding demand, the multi-asset broker adopted the brand name ThinkMarkets while also improving customer security by ASIC & FCA requirements.

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ThinkMarkets’ worldwide headquarters were later transferred to London and Melbourne, Australia. Since then, ThinkMarkets has been recognized as the “Fastest Growing Forex Broker,” thanks to the firm’s presence in Asia-Pacific, the Middle East and North Africa, Europe, & South America, and its unrivaled trading overall performance.

Meanwhile, ThinkMarkets continues to expand and has bought a South African brokerage, making it entirely legal throughout the African continent, as per the ThinkMarkets review.

ThinkMarkets Reviews & User Ratings

Based on the ThinkMarkets reviews from various users, here are the user ratings that you must go through to understand how the site performs:-

Based on this data and the key features ThinkMarkets offers, a broker can feel safe and secure when partnering or trading on this site. In addition, they have sophisticated, cutting-edge technology that separates them from others. This also helps enhance the overall experience of all the clients and customers. Apart from this, their commendable customer support team does a fantastic job addressing all the queries as soon as possible.

ThinkMarkets Features Review

Negative Balance Protection

Assume a broker invests $2000 and uses a 5:1 leverage to go long the AFTERPAY share. The position of the broker is worth $10,000. An unforeseen occurrence causes the price to fall 8% above your margin call close-out threshold. As a result, the broker will incur a 30% loss owing to leverage, for a total loss of A$3000.

Leverage

If your account’s leverage is 500:1, a client can trade up to 500 times the equivalent amount of base currency in your account. It is vital to understand leverage and be aware of the associated risks while using it. It is also important to note that the maximum leverage depends on the regulation of your country.

Customer Support

ThinkMarkets offers 24/7 customer support. As per the ThinkMarkets review, it can be said that their customer support service is commendable. Any issues a client has relating to the retail investor accounts, demo accounts, best trading platforms, trading CFDs, forex, trading tools, or any other issues, the dedicated customer support of ThinkMarkets can directly get in touch with them to resolve all your queries instantly.

Brokers can also live chat with them and discuss any problems related to retail investor accounts losing money, CFD trading, forex, CFD broker regulations, or any other details. They can help the broker out instantly. In case any of your accounts lose money or retail investor accounts lose money, the broker can also reach out to customer support. If any of your ThinkMarkets accounts lose money anonymously, you can also raise a concern with them. Their response team is always ready to help.

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The site takes measures to provide the right assistance when accounts lose money. Also, if you have any doubts regarding deposit methods or payment methods and ThinkMarkets account types, you can also get in touch with them instantly.

Regulations

They are approved and regulated by the Financial Conduct Authority (FCA) in the United Kingdom under FRN 629628. In Australia, they are governed by the Australian Securities & Investments Commission (with license number 424700 ASIC), which enforces the Corporations Act 2001. The broker is also licensed by the Financial Sector Conduct Authority (FSCA) in South Africa under FSP 49835 as well as by the Financial Services Authority (FSA) in Seychelles with FRN SD060. ThinkMarkets is a license holder of the Cyprus Securities & Exchange Commission (CySEC) with license no. 215/13, as well as Japan’s Financial Services Agency (JFSA) with license number 0250.

ThinkMarkets Awards

In the uncommon case of a default, the UK’s Financial Services Compensation Scheme protects consumers up to a GBP 85,000 threshold. ThinkMarkets has bought Excess of FSCS Insurance for clients whose underlying assets surpass the FSCS’s threshold; an individual policy of the ThinkMarkets offers investors more safety and reimbursement rights. As a standard, this protects sums up to GBP 1,000,000. It also holds many London Wealth Management Awards. European clients of ThinkMarkets are protected by the Investor Compensation Fund (ICF), which may reimburse clients up to €20,000 in case the broker fails to meet its financial obligations.

The broker has won numerous awards across many continents throughout the years, including:

• Best Mobile Platform – Global at the Global Forex Awards 2023
• Best Customer Service – MENA awards at the Global Forex Awards 2023
• Most Trusted Broker 2023 by FinanceFeeds
• Best CFD Provider for 2021 in the UK COLWMA Awards
• Best Forex Trading Platform in the 2021 Global Forex Awards in Africa
• Best Value Broker for 2020 in the Global Forex Awards in Asia
• Best Forex Trading Innovation at the 2017 UK Forex Awards

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Services Offered by ThinkMarkets

ThinkMarkets is a multi-asset marketplace of ThinkMarkets offering over 3500 traded assets. Forex and CFDs are among the tradable assets accessible on ThinkMarkets.

ThinkMarkets trades a variety of financial assets. In financial investing, an asset is any security or asset, tangible or intangible, that has a monetary value associated with it. This indicates that Forex and CFDs are financial assets.

ThinkMarkets provides leading experts’ research-backed insight on financial markets and investing. ThinkMarkets offers three trading platforms accessible via a variety of devices, including Android devices, Windows PCs, Apple Mac computers, and iOS devices such as iPhones and iPads, online via a Web Browser and multiple devices.

ThinkMarkets provides an easy-to-use trading platform with trading features for both new and experienced traders. In addition, ThinkMarkets consumers benefit from the ThinkMarkets platform being available in over 12 different languages.

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Is ThinkMarkets Regulated?

Several top-tier financial regulators govern ThinkMarkets throughout the world. For example, TF Global Markets (UK) Limited is regulated by the Financial Conduct Authority (FCA) in the United Kingdom and must segregate client money, offer negative balance protection, and enforce close-out margins. In case of any investor accounts lose money, there is also a protection plan offered by the platform.

The Australian Securities and Investments Commission regulates ThinkMarkets’ Australian brokerage services based in Melbourne (ASIC). As an ASIC-regulated broker, TF Global Markets Aust Limited must guarantee that customers’ monies are stored in segregated retail investor accounts. However, investor balance protection or closeout margins are not legally required.

ThinkMarkets subsidiaries in South Africa and Seychelles are regulated by The Financial Sector Conduct Authority (FSCA) and Financial Services Authority Seychelles, and the FCA and ASIC (FSA or Financial Services Authority). These protection and basic compliance questions requirements help in protecting investors who lose money when trading CFDs.

ThinkMarkets Trading Platforms Review

1. ThinkMarkets MetaTrader 4 Platform

ThinkMarkets users that utilize MetaTrader 4 receive access to comprehensive charting tools and automated trading capabilities that may be used to construct complicated automated trading strategies. This will help you construct tailor-made strategie when you are trading CFDs across the global markets. The user-friendly design caters to all levels of experience, earning its reputation as one of the top trading platforms for retail investor accounts across the global markets.

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2. ThinkMarkets MetaTrader 5 Platform 

Although MT4 is still popular, MetaTrader 5 improves on its predecessor by providing additional charting capabilities, more access, and enhanced backtesting other features. Another benefit of adopting MT5 over MT4 is the availability of trading platforms for customer assistance. With MT4’s customer care being phased away, users with trading platform troubles or questions may have fewer options for assistance. Also, it provides a statistical view of the trades and how they are performing in the market so that the ThinkMarkets traders don’t have to think about the high risk of losing money in the market.

3. ThinkTrader Platform

The forex and CFD broker provides its own share trading software platform for Mac and Windows PCs and iOS and Android smartphones. The mobile trading apps have received positive feedback and provide a user-friendly share trading environment, various technical analysis tools, and high-risk management capabilities.

Some instrument share trading involves a high risk that needs management, which this technical analysis API can provide when accessing the ThinkMarkets app. Once you install this API most brokers can easily access this API from the mobile app once you install it. With such high-risk management strategies, the risk of losing money in the global markets reduce.

As per the ThinkMarkets review from many mobile app users, brokers have discussed that their risk of losing money is negligible or minimal because this software provides them with a dynamic view of the performance of the registered traders.

The broker’s proprietary platform also provides users with a desktop as well as a web based version. Some additional benefits of ThinkTrader include the ability to search by asset class, more than 125 technical indicators and over 50 graphical objects.

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Market Instruments by ThinkMarkets

ThinkMarkets’ indices solutions provide access to five continents’ key global stock CFDs indexes. ThinkMarkets indices feature 23 worldwide indices such as the ASX 200, Nikkei 225, and S&P 500, as well as the US dollar currency index and six more AUD-denominated indexes (UK100aud, SPX500aud, GER30aud, JPN225aud, US30aud, and NAS100aud).

You may also have access to 11 futures contracts at ThinkMarkets, which cover a variety of underlying investment products such as commodities, stock CFDs indexes, derivative products, and VIX volatility. Make sure that you perform proper fundamental analysis on the instruments before you invest so that you can get better future results.

ThinkMarkets allows you to diversify your share trading portfolio by trading on a variety of 8 metal pairings, three energies, and other particular products. In addition to the conventional Gold spot contract, ThinkMarkets has increased its tradable particular product line with two micro contracts (XAU/USD Mini and XAG/USD Mini) that allow you to trade forex in lower position sizes.

In addition, the broker gives access to over 3,500 CFD shares and 352 ETFs for trading. You may begin trading on the world’s largest firms with a margin as low as 50% and the option to trade long and short without holding the underlying physical shares. MetaTrader 5 ThinkMarketsThinkMarkets’ offers you access to the whole spectrum of stocks; MT4 still works, but only the big stocks for each market are available.

Begin trading on a wide choice of businesses now, including Google, Facebook, Apple, Amazon, etc. Below is a list of the available trading instruments at ThinkMarkets :

• Forex
• Indices
• Precious Metals
• Cryptocurrency
• Share CFDs
• ETFs
• Commodities
• Futures

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Range of Trading Instruments

ThinkMarkets is quite proud of its trading infrastructure, which includes twin Equinix trading servers in Hong Kong and London that enable transaction execution in milliseconds. In addition, ThinkMarkets cutting-edge technology enables it to achieve 99.99 percent uptime and the fast execution speeds possible relating to processing times, making it perfect for automated trading.

• ThinkMarkets has two main trading accounts: the Standard Account, which has broader spread betting, and the ThinkZero Account, an ECN account with tighter spreads and a fee per transaction.
• Both accounts are accessible as demo accounts and Islamic accounts, and ThinkMarkets also provides a specialized Joint Account that two or more individual professional traders may use.
• Three trading platforms (MT4, MT5, and the proprietary ThinkTrader) are offered, including 46 currency pairings and 21 cryptocurrency pairs which are accessible for trading.

ThinkMarkets Tools

Trading Central

ThinkMarkets is pleased to provide Trading Central’s portfolio of trading tools. The Trading Central provides practical investment on leveraged products for individual traders, hedge funds, online brokers, financial institutions, and exchanges. Their product portfolio includes both human and machine interpretation of technical, fundamental, and value-based data.

These insights enable today’s traders to engage in financial markets by assisting them in generating trading ideas, validating trading choices, and risk management – all at the point of action. The insights also help users in reducing the risk of losing money in the market.

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VPS Hosting

ForexVPS.net and ThinkMarkets have teamed together to provide clients with a full-service and dependable VPS option for running their MT4 EAs and signals. The service is provided free of charge for clients that trade at least 15 round turn lots on Forex pairs in a calendar month.

ForexVPS servers are among the most powerful money can buy, providing you peace of mind that your VPS will always be connected to the forex markets. At ForexVPS, we have professionals accessible 24 hours a day to assist you with setting up your VPS, troubleshooting any difficulties, and even install 3rd party EA’s and indicators.

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ThinkMarkets Account Opening Process

The ThinkZero account opening process on this ThinkMarkets entity platform is quite easy. You will have to follow the steps mentioned below and start investing enough capital into your share trading account to trade CFDs and other instruments.

The ThinkMarkets standard account opening process is different on the type of account you choose to open an account as per the market maker. If you are opting for an individual account, here is the process that you will have to follow as instructed by the expert market maker:-

• You will need a valid passport, government ID, State ID, or valid Driving License.
• You are also required to submit a valid National Photo ID or any recognized National ID.
• Residence Proof is a must – You can provide a bank statement or any other utility bill.

If you are looking forward to opening an Account or Joint Account, you are required to submit the same documents mentioned above. Similarly, if you are willing to open a corporate account, then along with the documents mentioned above, you are required to submit the following documents:-

• Certificate of Incorporation
• Articles of Incorporation
• Company Residence Proof

There are some different rules and regulations for Australian residents. Also, the trading features might be different for many countries. You must check the technical indicators when you are accessing the ThinkMarkets website. If you want to know how much trading experience this platform offers, you can access the website once and check it for yourself.

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Although the account opening happens faster, sometimes because of higher volume, it takes hours to open a new account. However, the platform does offer more transparency on the process that it offers as additional features to the users. Once the account is live, the trader can start investing capital and make money.

ThinkMarkets Account Types

ThinkMarkets customers trading Forex and CFDs with ThinkMarkets can select between a Standard Account and a ThinkZero, ECN-style account. Tighter spreads and commission costs differ between the two account types. Standard account holders trade stocks with wider spreads but pay no commission costs, whereas ThinkZero account holders trade with narrower average spreads but pay flat-rate commission fees for FX and Metals.

Standard Account Type

Aside from the spread, there are no commission fees and ThinkMarkets withdrawal fees when trading with a Standard Account. Although average spreads are greater than with a ThinkZero trading account, Standard Accounts are a great alternative for new traders who wish to avoid complicated commission cost computations. In addition, the Standard account type may appeal to new retail traders the Standard account because it requires no initial minimum investment to trade.

Make sure that you go through the details, terms, and trading conditions of the ThinkMarkets proprietary platform before you create the account so that you don’t end up losing money rapidly. You must take independent advice or financial advice from industry experts before you open an account. Make sure that you also go through the trading conditions properly and understand the base currencies, currency pairs, minimum deposit requirements, maximum trade requirements, tight ThinkMarkets spreads, and other factual information offered in this account. Also, check for the deposit method offered and if this account type supports it. It may vary depending on the region where you are residing.

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It is equally important to check all the related factual information on the fee structure, withdrawals ThinkMarkets, log-in details, dealing desk details, research tools, mobile apps compatibility, minimum trade deposits, and their live prices, price movements, and education tools that this account type supports.

ThinkMarkets Islamic Account Type

Sharia-compliant forex traders can open a ThinkMarkets Islamic Account. Instead of paying and receiving swap rates based on interest rates, Islamic trading accounts pay a flat rate charge for open positions. In addition, ThinkMarkets imposes a fixed weekly administration cost instead of swaps (also known as overnight fees or rolling fees) for positions held seven days or more.

Islamic account holders pay a $5 financing cost when trading major currency pairs, while smaller forex pairings suffer a $10 fee. In this case, also go through the trading platform thoroughly to understand the market volatility, target market determination strategies, and overall trading glossary before you start creating the account.

This type of account provided by ThinkMarkets offers many funding methods to the traders that might vary depending on the regions where you are staying. The ThinkMarkets group ensures to provide you the best benefit on your minimum deposits, funding methods, and a good understanding of the account type before you open the account.

Also, you must go through the subscription fee section thoroughly that is offered by the ThinkMarkets trading platform so that you can understand all the factors clearly.

However, click here to get the comparison table of ThinkMarkets platform accounts services.

ThinkMarkets Leverage & Margin Requirements

Different leverage levels will be available depending on the ThinkMarkets subsidiary you trade with ThinkMarkets and the financial instrument you trade. This is because a separate regulatory body governs each ThinkMarkets subsidiary.

When trading forex with the FSA (Financial Services Authority of Seychelles) or the FSCA (Financial Services Conduct Authority of South Africa), you can use the leverage of up to 500:1.

ThinkMarkets FCA (Financial Conduct Authority, UK) or the broker’s ASIC (Australian Securities and Investments Commission) leverage can be up to 30:1 for major currencies and 20:1 for minor and exotic currencies, especially when Australian securities are concerned.

The maximum leverage a trader can employ while trading CFDs is also determined by the asset class generated by the CFD product. For example, Forex and CFD Trading techniques incorporating indices can be leveraged up to 20:1, international shares 5:1, and cryptocurrencies (including Bitcoin cash) outside the UK 2:1 when trading with ThinkMarkets Australia.

ThinkMarkets FCA and ASIC-regulated broker, on the other hand, face harsher leverage regulation, with lower leverage limitations imposed by Australian and UK financial authorities:-

• 30:1 major forex pairs
• Gold, minor, exotic currency pairings, and major indexes are all 20:1 leveraged
• 10:1 for minor indexes and commodities other than Gold
• Shares 5:1
• ASIC branch has a crypto 2:1 ratio, yet there is no crypto offered to retail clients as per FCA rules.

While leverage can help traders maximize their profits, trading CFDs and FX is a high-risk investing activity, and you should utilize leverage with prudence. The full contract parameters are available on the online broker’s website. You can also go through the relevant product disclosure statement before you start investing capital in it.

ThinkMarkets Fees For AU Share Trading

ThinkMarkets platform take average fees, and below is the table of it:-

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ThinkMarkets Deposit & Withdrawal Options

ThinkMarkets accepts NZD, CAD, JPY, ZAR, SGD, EUR USD, CHF, GBP, and AUD deposits and withdrawals; keep in mind that base account currencies are NZD, CAD, JPY, ZAR, SGD, USD, EUR, GBP, AUD, and CHF – presently, ThinkMarkets does not provide INR segregated accounts. Therefore any INR deposits and withdrawals must be converted. If you exceed initial deposits, then you will have to follow the maximum leverage provided by the platform.

ThinkMarkets has a “return to source” policy, which means that withdrawals must be made using the same method and account as the initial investment.

While ThinkMarkets does not charge fees for any deposit or withdrawal method, the business maintains the right to levy low fees for any withdrawal request coming from a share trading account with little trading activity. For additional information, contact ThinkMarkets support.

Also, there are not many charges imposed on inactive accounts. Sometimes you might face issues in dealing with the client’s country requirements, tradable instruments and their conversion rates, product issuers-related information published, market order, compliance-related queries from FCA or Australian Financial Services Authority. You can always get in touch with the support team and discuss all your problems clearly.

Deposits and withdrawals are possible using the following methods:-

Bank Wire

Deposits are free, and the transaction time is projected to be 1-5 business days. Withdrawals are also free. However, banks may charge a fee for the service, and transaction times range from 3-5 business days. In addition, bear in mind that international bank wire transfers cost $25 while the minimum withdrawal.
amount is $100

Visa/Mastercard 

Deposits are immediate, while withdrawals may take up to 24 hours to be processed.

Skrill/Neteller

Deposits and withdrawals might take 24 hours to be processed.

ZOTAPAY

Deposits and withdrawals might take up to 24 hours to be processed.

ThinkMarkets Partnership Programmes

Affiliate Program

ThinkMarkets run their affiliate program by the name of ThinkAffiliates. It lets users, web owners, and bloggers who actively work on social media earn by getting traffic into the award-winning trading platform. They develop many rewards and recognitions for them by associating and supporting them to grow. All the individuals, corporate clients, and freelancers can benefit from the program and earn benefits. In addition, the web trading platform and market makers typically can provide great referral and other benefits to the content creators with an excellent reputation and global outreach.

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Money Manager

ThinkMarkets runs a program named ThinkInvest. They allow traders to grow and increase their income for their trading knowledge. Starting from investing capital in trades to cryptocurrencies, if you have the right knowledge, you can easily make more money using the Money Manager program. Any individual can use this partnership program. A few brokers have to register, share their knowledge with others, and start making money.

Once you join the Money Manager program, you will be authorized to have free access to their sophisticated platform. Once you gain exposure, you will get in touch with investors based on your past performance. Your job of yours will be to manage their money. You will have the freedom to go ahead and start investing capital in your exchange-traded funds in larger capital using your trading knowledge. As your client starts making money, similar brokers can charge your fees as per your wish.

API Trading

ThinkMarkets provide their clients with the right trading technology that they expect. They provide a set of APIs to ensure that they can enjoy complete social trading capabilities. Their API connectivity is commendable that allows their client to make effective advanced trading tools and create algorithmic trading possibilities with their APIs. Some of the major APIs that the platform provides are listed below:-

All the clients can get direct access and permissions to create a dynamic and perfect trading environment using this Metatrader 4 API. The API can provide high-speed trade executions with low latency. It helps in connecting directly to liquidity pricing and competitive pricing.

Furthermore, it helps in managing orders easily by providing high-speed execution. Also, the best forex trading experience of the trading environment, this API provides a dynamic experience to the users. Therefore, it is also considered the best CFD provider within the industry.

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Introducing Brokers

There are many partnership programs that ThinkMarkets offers. Every program allows users to make enough money and settle just by sitting at their homes. Similarly, ThinkMarkets allows users to receive compensation plans for an online broker. Furthermore, other brokers’ services and products adhere to all the regulations and cater to the client’s minimum trade requirements using their innovative technology.

Also, the platform ensures great client satisfaction by providing high rates of conversions and retention rates. In addition, you get many referral campaigns with transparent terms and 24/7 support from the live account management team.

White Label

The White Label program that this platform offers provides the best experience to the people willing to become the best Forex brokers worldwide. The platform allows them to create their brands within the forex industry, from providing the right brokerage solutions to creating an impeccable website and identity.

Share all your experience, investment advice, and expertise on this platform to help you fetch more clients and generate income. With this compelling technology, you can easily make transactions and satisfy your clients effortlessly. It helps you deal with multiple financial instruments and allows you to trade in many recognized platforms from your mobile device and desktop version.

Regional Representatives

At ThinkMarkets regional office, you can now start promoting your leveraged trading services across any region. This platform allows all the partners to deliver local and specialized experiences to clients. This program will direct all the IB partners who are upgrading their partnership level and gain many benefits like high remuneration rates and independence.

Regional Representatives will better understand the local regions that they are already dealing with directly and provide the right investment advice to your clients personally. They can help you reach the right set of audiences easily and provide more guarantees to your clients, accelerating your income significantly.

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Resources Offered by ThinkMarkets

When it comes to trading, you need the right knowledge and expertise to earn profits. To do so, all the other brokers need proper training and fund management skills. When the other forex brokers want to trade in different currencies and exchange-traded funds, your fundamentals and the knowledge of concepts of trades have to be at par excellence.

The platform provides the required amount of educational resources and support for all beginners and experts to help them understand how to trade using the platform. You will get to know many key levels when you are placing pending orders and if you are accessing the ThinkMarketsto portal for educational purposes and informational purposes.

The support team will also help you understand the trades better and provide you with in-depth information and data to understand the analytics of the same. The support team will help you define the terms, draw resistance lines, understand the concept of the zones, learn the patterns, identify the levels, understand the concepts of Fibonacci lines, and many more. If you want to seek independent advice from a global broker, this is the platform that you must visit.

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ThinkMarkets Supported Countries

The ThinkMarkets company supports forex trading across many countries and subcontinents. They support instruments across EUR USD, JPY, GBP, AUD, CHF, CAD, NZD, NOK, SGD, MXN, SEK, HUF, CNH, TRY, ZAR, and many more. With so many instruments to deal with, they provide services across the globe.

Although the swap rates of countries might be different than you can check by visiting their official website, the trading fees ThinkMarkets are kept minimal. Sometimes different timeframes might show different trading fees to a new client. For more information regarding the same, you can also get in touch with the support team.

Besides this, new customers can deposit and withdraw by using many ThinkMarkets payment methods; now Google Pay, and Apple Pay support are also provided for users’ accounts. You can also bank transfer from free equity within the ThinkZero accounts using ThinkMarkets Portal. The cash equities take some time to get transferred into your two accounts.

In addition, they have their regional offices in many countries where you can approach directly and resolve all your queries at once.

Here is the list of some countries that this platform supports:-

• Australia
• Thailand
• Singapore
• United Kingdom
• India
• Sweden
• Kuwait
• Qatar
• Germany
• South Africa

For more information regarding the other countries’ support, you can visit the official website.

ThinkMarkets Security Measures

The security of the platform is commendable. The company adheres to the privacy policy and regulations provided by the authority. The platform protects and safeguards all the client’s data that they provide with their consent. It manages all the financial information and stores it within the website by taking protective measures.

The company also takes measurable steps to prevent the confidentiality of the clients and their account’s security and provides them with the right integrity to safeguard the information they deserve.

The company also protects its personal information. They created this privacy policy to ensure that when they collect data from their clients, they are responsible for the data provided and will be held responsible in case of any issues or breaches.

ThinkMarkets Customer Support

Successful traders can use live chat support, phone, or email to connect with the ThinkMarkets multilingual trader support team as per our ThinkMarkets review and research. Customer service is available 24 hours a day, seven days a week. A support ticket can also be submitted for immediate assistance. Resources aimed towards beginner traders offer a soft introduction to forex trading, with how-to guides and glossaries available.

Intermediate trading tutorials cover more complex topics such as chart patterns and order types. Lastly, the advanced tutorial guide addresses complex technical and fundamental market analysis. If a ThinkMarkets safe broker has any doubts regarding trading opportunities, special reports, head office inquiry, best forex trading innovation technology, account types, advanced charting tools, deposit methods, withdrawal methods, minor forex pairs, or any other issues, you can get in touch with the advisors directly.

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Conclusion

ThinkMarkets caters to all levels of trading experience, from newbie traders to experienced investors, with multiple account kinds, a vast selection of markets, and three top trading platforms. Scalping, day trading, or building automated trading techniques would benefit more from a ThinkZero account type that provides ECN-style trading and pricing. Beginner traders may profit from the ThinkMarkets ordinary account’s simplicity, as there are no additional commission fee costs.

FAQs

Is ThinkMarkets Legit?

ThinkMarkets is a forex platform and is also known for its CFD brokerage services. It allows users to trade in CFDs with this provider as they offer thousands of financial instruments like futures, commodities, brokerage, and many more to deal with. It is the best proprietary platform ThinkTrader and is legit as it provides users to trade on their platform by paying a minimal fee. It is highly regulated and receives many positive customer reviews throughout the year.

Is ThinkMarkets Broker Safe?

ThinkMarkets boasts top-tier regulation (FCA, ASIC) and strong financials. Funds are safe in segregated accounts, but some entities have weaker licenses. Trading always carries risk, so research and be confident before taking the plunge.

What Is the Minimum Deposit for ThinkMarkets?

There is no minimum deposit when using ThinkMarkets to trade in financial instruments. You can begin trading with the amount you desire after completing all your registration processes. They accept bank transfers and many other payment options that you can use to deposit. If you proceed with the bank transfer, make sure that you read all the rules and regulations so that you are aware of the deposit and withdrawal timeframes as well as the fees charged for international bank wire transfers.

Is ThinkMarkets an ECN Broker?

ThinkMarkets is also known for offering the best ECN Brokerage services with high leverage. It holds many regulatory licenses, authenticating the platform to trade in using ECN Accounts.

Is ThinkMarkets Chess Sponsored?

Chess is sponsored in the form of shares that are recorded under ASX or as per the Australian Financial Services Licence. The standard brokerage offered is about 8 Australian Dollars.

Does ThinkMarkets Offer Islamic Accounts?

For all the accounts, whether it is a Live or Demo Account or an Islamic Account, ThinkMarkets offer customized services to all individuals. The brokers can also open a Joint Account with ThinkMarkets and start trading in financial instruments.

Risk Warning: 71.89% of retail investors lose money when trading CFDs with this provider.