ThinkMarkets review

  • Broker Type: NDD, ECN

  • Leverage: 1:400

  • Regulation: ASIC, FCA

  • Min. Deposit: 250 US$

  • HQ: UK, Australia

  • Platforms: MT4, Trade Interceptor

  • Found in: 2010

ThinkMarkets Broker Licenses:

  • TF Global Markets (UK) Limited - authorized by FCA (UK) registration no.629628 (view the license) 
  • TF Global Markets (Aust) Pty Ltd - authorized by ASIC (Australia) registration no. 424700

Top 3 Regulated Forex Brokers

Company Brief:

2010 saw the launch of ThinkForex in New Zeland with an aim to improve the forex trading experience by delivering leading technology to the community. Further, due to the company’s rapid expansion program and to meet growing demand the broker took a brand name ThinkMarkets to improve client security under ASIC and FCA, the company relocated global headquarters to London and Melbourne. ThinkMarkets is a trading name of TF Global Markets (Aust) Pty Ltd., holder of Australian Financial Services. Awarded as “Fastest Growing Forex Broker” the firm held hubs in the Asia-Pacific, Middle East and North Africa, Europe and South America.

Apart from the general offering to the retail clients’, ThinkMarkets launched a numerous investment and partnership programs. Thus, ThinkInvest is the investment service that brings the ability to trade the financial markets by investing in the expertise of a Money Manager through PAMM and MAM accounts. The range including affiliate programs, which is an online marketing initiative that promotes ThinkMarkets’ products and services and remunerates its partners.

From the ThinkMarkets benefits, few major ones provide clients with tightest possible spreads, even under volatile market conditions, from as low as 0.1 pips on EUR/USD. The execution processed on institutional order level, that is fast and reliable due to their partnership with Equinix, the world’s largest data center.

The clients’ are always supported by the company’s award-winning customer service and learning teams. Clients’ success is a foundation of what the company does, hence every day they strive to increase their impact and assist throughout any process. They do support new traders too by established comprehensive learning center with free trading guides and webinars that covers both technical and fundamental analysis, also the market psychology.

As a fast growing broker the ThinkMarkets obtained a selection of the accolades, they won over the years of operation, here just a few of them:

  • COLWMA Winner 2018 | Best Blockchain-based Innovation Award
  • UK Forex Awards Winner 2017 | Best Forex Trading Experience
  • UK Forex Awards Winner 2017 | Best Forex Trading Innovation
  • Forex Best Awards 2014 FXSTreet | Best New Contributor
  • World Finance Exchanges & Brokers Awards 2013 | Best New Broker
  • World Finance Exchanges & Brokers Awards 2013 | Best Broker Australia

ThinkMarkets former ThinkForex review

Licenses, Regulations & Security of funds:

The clients can trade easily and with peace of mind, knowing that the broker fully registered with the Australian Securities and Investments Commission (ASIC) as well as authorized and regulated by the Financial Conduct Authority (FCA) of the UK.

All client funds are held in selected top-tier banks, such as Barclays, National Australia Bank and the Commonwealth Bank of Australia, while also being segregated from the own company funds, with daily fund reconciliation. In addition, with the standard Financial Services Compensation Scheme (FSCS) the clients are covered under the ‘investments’ claim category, whereby the cover is up to £50,000 per person per firm in case of a brokers default.

Trading Platforms and Tools:

The trading performance supported by well designed and developed broker platforms. The choice of two brings the commonly used MetaTrader4 or Trade Interceptor to the client’s choice. In addition to the main characteristics, their partnership with Equinix, started back in 2013, brought an enhanced trade execution speed through the use of co-location data centers to reduce trading latency.

*MetaTrader 4 is a powerful platform, but nevertheless versions may vary from the broker to another. The ThinMarkets one, is a mobile optimized platform packed with tools to support every trading style. Features high-end service for ultra-fast trade execution as well brings benefit from institutional-quality apps, indicators and insights.

*Trade Interceptor performers a multi-device trading with 80 indicators, 50 drawing tools &14 chart types, and up to 200 cloud-based notifications at no charge. Trade Interceptor mobile has been ranked as No. 1 mobile trading app in the world.

Platform’s Add-on:                                                 

– MT4 Super Apps allow to maximize trading opportunities by utilizing the full suite of 12 sophisticated apps and add-ons, including advanced trade execution and management, decision assistance, alarms and messaging facilities, delivery of market news and data. The list of Apps includes the following Connect, Sentiment Trader, Session Map, Trade Terminal, Mini Terminal, Alarm Manager, Correlation Matrix, Correlation Trader, Tick Chart Trader and Stealth Orders.

– To optimize trading, the comprehensive package of 15 charting indicators are in the trader’s hand, featuring the Mini Chart, Chart-in-Chart, a Renko Bars generator, magnifier, freehand drawer as well as Keltner and Donchian Channel displays.

– FX Wire Pro – offers global financial development with real time market news from the leading sources of international business news and reports.

– AutoChartist – is a powerful, well known developed technical analysis and trading signal tool for automated trading

As ThinkMarkets constantly improving their offerings, as well to expand their services they Launch of TFX VPS, an extended technology reducing latency and improving the overall trading environment for automated traders.

Markets and Accounts:

The client may choose from two accounts, while free Demo is available to practice the experience, as well the Islamic accounts are offered to the client’s choice. The Standards Account requires only 250$ deposit to start the trade, with no commission and the choice to choose from the fixed or variable spread. Higher account class comes to the Pro Account, that will get you tighter spreads from 0.1 pips, yet including commission of 2.5 units per side. Among the Pro Account benefits, there are VPS and Autochartist, as well a dedicated account manager that are provided free of charge.

The company offering to discover hundreds of markets to trade and constantly increases a range. At the moment the offer includes over 38 major, minor and exotic FX pairs, Cryptocurrencies, 9 global Indices, Metals, Commodities and over 125 Shares. The product trade offered with no commissions on a tight spread basis, e.g. Forex spreads start at 0.1 pips, Indices from 0.4 pts and Commodities from 25 cents.

The crypto trade offered to trade o currencies – Bitcoin, Ethereum, Ripple, Dash, Bitcoin Mini, Bitcoin Gold, NEO, Bitcoin Cash and Ethereum Mini with leverage up to 1:32 and quite competitive spreads among the market offers. The cryptotrade is similar to forex trading and quoted both in US Dollar and Euro. As a highly volatile product, risk management is of paramount importance for any trader, yet cryptos are immune to monetary inflation.

Deposits and Withdrawals:

All client accounts are managed via ThinkPortal, that allows to deposit or withdraw funds, update personal information, set up additional accounts, to receive updates or view recent transactions.

Withdrawing funds from your ThinkMarkets account is quick, simple and hassle-free, with no charges such as any withdrawal fees.

Clients of ThinkMarkets are able to deposit and withdraw funds throughout different payment methods, that includes bank transfer, debit and credit card, Skrill, Neteller and BitPay.

Conclusion:

ThinkMarkets from many prospective seem to have the great offer in technology, reliability, customer service and pricing. With their every day strives to offer more to their clients, to bring innovations the best and the latest ones, that’s why it’s obvious why the company is among the popular choices. Also, the ThinkMarkets is the only UK & Australia regulated broker that currently offers 9 cryptocurrencies.

Since the security of clients’ funds is of fundamental importance in financial trading, the company profile and review shows that the ThinkMarket is the one that you can trust to.

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