ThinkMarkets Forex Review 2026
75% of retail FX and CFD accounts lose money.
ThinkMarkets - At a Glance
- Established
- 2010
- Headquarters
- Level 14, 333 Collins Street, Melbourne VIC 3000, Australia
- International Offices
- Australia, United Kingdom, United Arab Emirates, Cyprus, South Africa, New Zealand, Bulgaria, Malaysia, Vietnam
- Publicly Traded
- No
- Broker Type
- STP, ECN
- Regulation
- ASIC (Australia), FCA (United Kingdom), FMA (New Zealand), DFSA (United Arab Emirates), JFSA (Japan), CySEC (Cyprus), FSCA (South Africa), FSA Seychelles (Seychelles), FSC Mauritius (Mauritius), CIMA (Cayman Islands)
- Segregated Client Funds
- Yes
- Negative Balance Protection
- Varies
Balance topped back to zero, but fees, swaps and dividends are not covered so you can still owe those. ThinkMarkets can use your other account balances first, and can refuse cover if the loss came from trading around a news release.
- Banking License
- No
- Languages
- English, German, French, Portuguese, Spanish, Japanese, Chinese (Simplified), Chinese (Traditional), Vietnamese, Indonesian, Thai, Arabic, Turkish, Polish, Swedish, Urdu, Hindi, Romanian, Tagalog, Afrikaans
- Customer Support
- Live Chat, Email, Telephone
- Customer Support Hours
- 24/7
- Demo Account
- Yes
- Swap Free Account
- Yes
- Joint Account
- Yes
- Corporate Account
- Yes
Offered alongside individual and joint accounts.
- Managed Account
- No
- PAMM / MAM Trading
- Yes
- Social / Copy Trading
- Yes
- Minimum Deposit
- $10
- Payment Methods
- Bank Transfer, Credit Card, Debit Card, Apple Pay, Google Pay, Neteller, Skrill, Cryptocurrency
- Account Currencies
- AUD, EUR, CHF, GBP, USD, JPY, ZAR
- Maximum Leverage
- 1:30 (FCA, ASIC, CySEC retail), 1:25 (JFSA), up to 1:500 (professional), up to 1:5000 (FSA Seychelles, dynamic tiers by position size)
- Bonuses
- Varies
Deposit and trading bonuses are prohibited for retail clients under ASIC, CySEC and FCA rules, so they are not available on those entities. Offered through the Mauritius and Seychelles entities where local rules permit.
- Contests
- Varies
Trading competitions are restricted for retail clients under ASIC, CySEC and FCA rules. Available through the Mauritius and Seychelles entities where local rules permit.
- Markets & Products
- Forex, CFDs, Spread Betting
- Currency Pairs
- 46 FX Pairs. Major, Minor, and Exotic.
- Minimum Lot Size
- 0.01
- Maximum Lot Size
- 50
- Decimal Pricing
- 5 decimals
- Order Types
- Market, buy limit, sell limit, buy stop, sell stop, stop loss and take profit. MT5 adds buy stop limit and sell stop limit for six pending order types in total. ThinkTrader defaults to market orders with limit and stop pending orders available.
- Execution Type
- Market Execution
- Margin Call Level
- 100%
- Stop Out Level
- 50%
- Hedging
- Yes
- Scalping
- Yes
- Spread Type
- Variable
- Spread From
- 1.1 pips (Standard), 1.1 pips (ThinkTrader), 0.0 pips (ThinkZero)
- Commission
- Standard: none. ThinkTrader: none. ThinkZero: $3.50 per lot per side.
- Overnight / Swap Fees
- Yes
- Deposit Fee
- No
- Withdrawal Fee
- No
- Currency Conversion Fee
- Yes
- Account Maintenance Fee
- No
- Inactivity Fee
- Yes
Charged after six months without trading, taken from whatever is left and never pushing you below zero. ThinkMarkets may refund it if you deposit and start trading again. The amount is not published.
- Custody Fee
- No
- Trading Platforms
- ThinkTrader Web Platform, ThinkTrader Mobile App, TradingView, MetaTrader 4, MetaTrader 5
- Mobile App
- Yes
- API Access
- Varies
Institutional only. API access is offered through third-party vendors to asset managers, proprietary trading firms, banks and brokers, not to retail clients. Retail automation runs through Expert Advisors on MT4 and MT5.
- VPS Hosting
- Yes
- Automated Trading
- Yes
How ThinkMarkets's costs compare
The marker is the median of every active broker we rate, computed from the same structured data as the reviews. Headline from-spreads are the broker's advertised best case; your account type and instrument change them.
Pros & Cons
Pros
- Strong global regulatory oversight
- Fast and easy account opening
- Demo account available for practice
- Fast and secure payment options
- Low minimum deposit
- Multiple account currency options
- Free deposit and withdrawal
- Negative balance protection
- Low forex trading fees
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- Better pricing option via ThinkZero (raw spreads plus commission)
- Islamic (swap-free) accounts available
- User-friendly mobile and web platforms
- Supports TradingView, MT4, and MT5
- Backtesting available via Traders Gym
- EA trading available
- No restrictions on trading strategies
- Great customer support, available 24/7
Cons
- Limited product selection
- Educational content is limited
- $50 minimum withdrawal applies
- Limited research tools, compared to competitors
- No integrated social, copy, and PAMM trading feature
- An inactivity fee of $10 monthly after 6 months of account inactivity
