Basic Information & Regulators
Founded In 2010, ThinkMarkets Is A Leading Global Online Trading Broker Headquartered In Melbourne, Australia And London, UK, With Offices In Asia Pacific, Europe, South America, The Middle East And North Africa. Currently, ThinkMarkets Is Regulated By The UK Financial Marekt Conduct Authority (FCA), The Australian Securities And Investments Commission (ASIC) And The South African Financial Sector Conduct Authority (FSCA).
Security Analysis
ThinkMarkets Is Regulated By Two International First-level Regulators, And The Security Is Guaranteed. In Addition, The Company Offers Additional Insurance Of Over $1,000,000 Per User. The Company Partners With The Most Trusted And Reputable Financial Companies In The World, Including Lloyd's Of London And Barclays, To Provide Its Clients With The Highest Security Of Their Funds.
Pros And Cons
Pros:
- It Offers Multiple Financial Instruments For Trading.
- It Has Multiple Trading Platforms, Including MetaTrader4, MetaTrader5 And ThinkTrader.
- It Offers A ThinkZero Account With Ultra-low Spreads And High Execution Speed.
- The Client Server Team Speaks Multiple Languages And Is Available 24/7.
- It Provides A Wide Range Of Educational Resources For Traders.
- It Does Not Charge Commissions For Deposits Or Withdrawals.
Cons:
- Fees For A ThinkZero Account Can Be High.
- The Minimum Deposit For A ThinkZero Account Is $500, Which Can Be A Hindrance For Some Traders.
- Spreads Are Larger For Standard Accounts Than For ThinkZero Accounts.
- The Company's Regulations Do Not Specify.
- Educational Resources May Be Too Basic For Advanced Traders.
Market Tools
ThinkMarkets Provides Investors With Mainstream And Popular Trading Tools On Global Financial Marekts, Including Forex, Indices, Precious Metals, Commodities, Digital Currencies And CFDs.
Account & Leverage
To Meet The Investment Needs And Investment Strategies Of Different Investors, Zhihui Provides Investors With Two Account Categories: Standard Account And Zero Account. The Minimum Deposit For A Standard Account Is $0 And A Minimum Deposit For A Zero Account Is $500. The Maximum Trading Leverage For Both Accounts Is 1:500.
Spreads & Commissions
Forex Minimum Spreads In A Standard Account Start From 0.4 Pips, Gold Spreads Start From 25 Cents, CFD Products Start From 0.4, No Commission Is Charged On Trades, And Overnight Interest Is Calculated As Standard. Forex Minimum Spreads In A Zero Account Start From 0 Pips, Gold Spreads Start From 8 Cents, And CFD Products Start From 0.4 Pips (no Commission). Trading Commissions Start At $3.50 Per Lot One-sided, And Overnight Interest Is Lower.
Trading Platform
ThinkMarkets Provides Traders With The World's Leading And Popular MT4, MT5 And ThinkTrader Platforms. The ThinkTrader Trading Platform Offers 101 Technical Indicators, 57 Charting Tools And 12 Chart Types; Up To 200 Cloud-based Alerts Are Available For Free. Zhihui's MT4 Trading Platform Features Advanced Applications And Indicators, Allowing Traders To Customize Their Functions 100% To Suit Their Trading Strategies. Fast Trade Execution, The Company Hosts Servers In Equinix Data Centers To Ensure Trade Execution. The MT5 Platform Has More Chart Time Periods And Pending Order Types Than MT4, With Hedging And Net Position Options, Partial Execution Of Orders, And Multi-line Strategy Backtesting. These Trading Platforms Are Available For Web, Desktop And Mobile Versions (Android, Apple And Tablet).
Deposit And Withdrawal
ThinkMarkets Provides A Number Of Convenient And Fast Deposit And Withdrawal Methods, Including Telegraphic Transfer, E-wallet, UnionPay, Credit Card.
Two Free Withdrawals Per Calendar Month For Standard Accounts And Three Free Withdrawals For Zero Accounts. An Administrative Fee Of $40 Will Be Charged For Each Excess.
Educational Resources
ThinkMarkets Offers Its Clients A Wide Range Of Educational Resources, Including News, Technical Analysis, Webinars, Articles, And More. These Resources Are Freely Available And Of High Quality, Making Them Highly Useful For Traders Of All Experience Levels. In Addition, The Platform Offers Tools Such As Charts And Economic Calendars That Can Help Traders Make Informed Decisions In The Market. It Also Offers Structured And Organized Sections In The Form Of Courses, Which Is An Advantage For Novice Traders Seeking More Structured Instruction. In Addition, While Educational Resources Are Open To All, There Is No Online Community For Traders To Interact And Share Experiences.
Conclusion
In Summary, ThinkMarkets Is A Multi-regulated Forex And CFD Broker That Offers A Wide Range Of Trading Tools With Competitive Spreads. The Company Also Offers An Advanced Trading Platform, 24-hour Customer Support And Educational Resources To Help Traders Improve Their Trading Skills And Knowledge. If You Are Looking For A Reliable And Experienced Broker In The Market, ThinkMarkets Is An Excellent Option To Consider.
