ThinkMarkets review 2025 ++ Scam or not? Real broker test
ThinkMarkets offers a wide range of communication channels with support, including phone numbers in different countries, email, and live chat. This allows clients to contact the support team in the way that is most convenient for them. Additionally, support is available 24/7, ensuring prompt assistance at any time of the day. Such a level of service speaks to the company’s high customer orientation and professionalism.
What can you trade on ThinkorSwim?
The broker has a good range of educational material suited towards traders of all experience levels. They can be accessed to help increase your trading knowledge and skills. The economic calendar is constantly updated so that you can track the latest economic news releases that affect the markets.
Thinkorswim competes with the best trading platforms available for active and professional traders. With $0 commissions on many trades, Charles Schwab delivers a strong offering that’s tough to beat. Through the Signal Centre service, available to ThinkZero account users on the MT4 and MT5 platforms, traders can receive up to 40 trading signals daily. The signals are based on technical analysis conducted by a team of professionals and include a trading plan featuring entry levels, exit points, and stop-loss levels. Users can customize the reception of signals to match their trading style and risk appetite.
ThinkTrader
- ThinkMarkets has a Margin Call Policy that is being implemented on forex, indices, and energy assets.
- These insights can aid today’s traders by supporting them in creating trade ideas, verifying trading choices, and risk management.
- The Standard account at ThinkMarkets is specifically designed to cater to entry-level traders, offering a no-commission trading structure which allows for cost-effective participation in the markets.
- It is intuitive, scans the market for opportunities 24/7, and provides a comprehensive analysis and constant notification alert system.
- The reason for this is that the companies of online brokerages are scaled better.
- Spreads on this broker can be as small as 0 pips on some forex pairs for traders who have a ThinkZero account.
ThinkMarkets’ trading platform selection is better than most other brokers, with MT4, MT5, and its own proprietary trading platform; ThinkTrader. ThinkMarkets offers a decent range of payment methods, and withdrawals and deposits are free. ThinkMarkets is a Straight-Through-Processing (STP) contract for difference (CFD) broker. Registered users on ThinkMarkets can participate in derivative trading and speculate on the prices of various assets including currency pairs, shares, ETFs, and commodities. It is a scheme where you will receive a commission upon every successful recommendation for every successful referral who creates a live account and places a trade using this broker. ThinkAffiliates is free and available to individuals and corporate entities.
What is the minimum deposit at ThinkMarkets?
These contracts include cocoa, cotton, coffee robusta, platinum, WTI, thinkmarkets broker review and BRENT. Trading futures with ThinkMarkets entitles you to a margin of 0.5% up to 3% with a minimum spread of 0.05 to 15 points. The maximum position size depends on the asset and on which day you traded it. To view the current spreads of each of their cryptocurrencies, refer to their website.
ThinkMarkets Deposits and Withdrawals
Margin rates vary depending on the ETF, and this ranges from 5% to 25%. Yes, ThinkMarkets supports auto-trading and offers platforms like MetaTrader 4 and MetaTrader 5, which are compatible with automated trading systems. To delete your ThinkMarkets account, you need to contact their customer support team and request the closure of your account. It is ideal for beginners, allowing them to learn how the markets work without complex market research.
Excellent trading experience
You just connect to a remote terminal whose server is located near servers and conduct all of your trading from any computer (Windows, Mac OS, Linux) without installing any software. ThinkMarkets teamed with ForexVPS, one of the most dependable VPS providers in the industry, to guarantee that the traders receive reliable execution without having to worry about technical issues. This free service is available to all traders who trade at least 15 round turn lots on Forex in a calendar month. You can get a free vps from some other brokers including Switch Markets. MT4 has a plethora of built-in features and tools, including technical indicators, drawing objects, robots and signals. In addition to the already substantial platform, ThinkMarkets provide you with the brilliant Trading Central market analysis tool, a global leader in financial research.
ThinkMarkets offers Autochartist, a strong pattern identification programme that may augment your technical analysis activity for quick and effective market analysis across various instruments. Autochartist can notify you when fresh possible trading opportunities are discovered and may be configured to search based on your own trading approach. The PowerStats function can help you evaluate a position’s risk and discover appropriate stop loss and take profit levels.
However, users of ThinkMarkets may have to be wary of the lag times with the broker’s trading terminal and the absence of real stocks for non-Australian residents. For deposits, ThinkMarkets provides several options such as bank transfers, credit cards, debit cards, cryptocurrencies, and e-wallets like Neteller, Skrill, and Perfect Money. However, not all options are available to every user of this broker. The exact payment methods a trader can use depends primarily on their country of residence. Deposits made with credit card and debit card may reflect instantly, while bank transfers typically take between 1 to 3 business days. For other methods including cryptocurrencies and e-wallets, deposits are usually credited to a customer’s account within 24 hours.
- They use cutting-edge trading technology and offer innovative trading platforms to clients all around the world.
- I’ve been day trading with ThinkMarkets for about a year and it’s a reliable broker.
- Yes, ThinkMarkets offers a free demo account with virtual funds, allowing you to practice trading and explore the platform without risking real capital.
- ThinkMarkets offers ten base currencies, which is average compared to other brokers, and it offers accounts denominated in GBP.
- There are more than 20 timeframes that you can use on this platform.
- The IBs program positions ThinkMarkets to work with introducing brokers.
- Below, we list all these offerings and what you can benefit from them.
Available for web, mobile, tablet, and desktop, ThinkTrader offers in-app deposits and withdrawals, real-time news from FX Wire Pro, and one-click multiple order closing. It also features over 125 indicators and 50 chart types and includes the TrendRisk scanner to assist traders in finding opportunities over different timeframes. The ThinkMarkets platform is also easy to use and set up, making it a good choice for beginner traders. ThinkMarkets is a broker that offers a large array of financial assets including ETFs and cryptocurrencies which are not commonly offered by most brokers. There are several positives to opting for this broker, including its multiple account types, free deposits and withdrawals, and the ability to use the popular MetaTrader platform.
ThinkTrader is ThinkMarkets’ proprietary trading platform that offers a range of powerful features and analytical tools. It allows closing all positions with a single click and offers over 125 indicators, 50 drawing tools, and 20 chart types. The platform ensures smooth trading on the web, mobile devices, and tablets with a single account and unified interface. The broker does have a selection of trading tools that can be used to assist with your trading and to keep up to date with the latest market news. I do feel that the provided platforms should have more than enough tools for most traders to conduct in-depth market analysis. However, if you like to have more tools at your disposal, you won’t be disappointed.
This data centre has an uptime record of 99.99% and offers some of the fastest available execution speed. ThinkMarkets are regulated by multiple top-tier financial authorities around the world. ThinkTrader allows spread betting with all its instruments except for cryptocurrency. Spreads for EURUSD starts from 0.8 pip, and leverage is the same as for CFDs. ThinkMarkets offers customer support via live chat, phone, and email 24/7.