ThinkMarkets Review
Updated regularly · Independent ratings
Overall Rating
4.6 / 5
Fees
4.6 / 5
Safety
4.7 / 5
Platforms
4.5 / 5
Education
3.9 / 5
Min. deposit
$50
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the risk of losing your money.
ThinkMarkets — At a Glance
Full broker data from our database
| Minimum deposit | $50 |
| Broker type | STP, ECN |
| Spread type | Variable |
| Spreads from | Standard Account: 0.4 PIPS, ThinkTrader Account: 0.4 PIPS, ThinkZero Account: 0.0 PIPS, |
| Commission | Standard Account: No commission, ThinkTrader Account: No commission, ThinkZero Account: $3.50 Commission per lot side, |
| Maximum leverage | 1:2500 |
| Minimum lot size | 0.01 |
| Maximum lot size | 50 |
| Decimal pricing | 5 decimals |
| Trading platforms | ThinkTrader Web Platform, ThinkTrader Mobile App, TradingView, MetaTrader 4, MetaTrader 5 |
| API access | Yes |
| VPS | Yes |
| Demo account | Yes |
| Segregated account | Yes |
| Swap-free account | Yes |
| Managed account | No |
| PAMM / MAM account | Yes |
| Joint account | Yes |
| Copy trading | Yes |
| Social trading | Yes |
| Account currencies | AUD, EUR, CHF, GBP, USD, JPY, ZAR |
| One-click trading | Yes |
| OCO orders | Yes |
| Trailing stop loss | Yes |
| Hedging allowed | Yes |
| Scalping allowed | Yes |
| Interest on margin | Yes |
| Bonuses | Yes |
| Contests | Yes |
| Regulators | ASIC (Australia), FCA (United Kingdom), NZFMA (New Zealand), DFSA (UAE), JFSA (Japan), CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles), FSC (Mauritius), CIMA (Cayman Island) |
| Headquarters | Level 18, 357 Collins Street, Melbourne, VIC, Melbourne 3004, Australia |
| International offices | Australia, United Kingdom, United States, United Arab Emirates, Cyprus, South Africa, New Zealand, Bulgaria, Malaysia, Vietnam |
| Assets offered | Forex, CFDs, Spread Betting |
| Payment methods | Bank Transfer, Credit Card, Debit Card, Apple Pay, Google Pay, Neteller, Skrill, Cryptocurrency |
| Languages | English, German, French, Portuguese, Spanish, Japanese, Chinese, Vietnamese, Indonesian, Taiwanese, Thai, Arabic, Turkish, Polish, Swedish, Urdu, Hindi, Romanian, Tagalog, Afrikaans |
| Customer support | Live Chat, Email, Telephone |
| Contact email | support@thinkmarkets.com |
| Minimum deposit | $50 | Social trading | Yes |
| Broker type | STP, ECN | Account currencies | AUD, EUR, CHF, GBP, USD, JPY, ZAR |
| Spread type | Variable | One-click trading | Yes |
| Spreads from | Standard Account: 0.4 PIPS, ThinkTrader Account: 0.4 PIPS, ThinkZero Account: 0.0 PIPS, | OCO orders | Yes |
| Commission | Standard Account: No commission, ThinkTrader Account: No commission, ThinkZero Account: $3.50 Commission per lot side, | Trailing stop loss | Yes |
| Maximum leverage | 1:2500 | Hedging allowed | Yes |
| Minimum lot size | 0.01 | Scalping allowed | Yes |
| Maximum lot size | 50 | Interest on margin | Yes |
| Decimal pricing | 5 decimals | Bonuses | Yes |
| Trading platforms | ThinkTrader Web Platform, ThinkTrader Mobile App, TradingView, MetaTrader 4, MetaTrader 5 | Contests | Yes |
| API access | Yes | Regulators | ASIC (Australia), FCA (United Kingdom), NZFMA (New Zealand), DFSA (UAE), JFSA (Japan), CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles), FSC (Mauritius), CIMA (Cayman Island) |
| VPS | Yes | Headquarters | Level 18, 357 Collins Street, Melbourne, VIC, Melbourne 3004, Australia |
| Demo account | Yes | International offices | Australia, United Kingdom, United States, United Arab Emirates, Cyprus, South Africa, New Zealand, Bulgaria, Malaysia, Vietnam |
| Segregated account | Yes | Assets offered | Forex, CFDs, Spread Betting |
| Swap-free account | Yes | Payment methods | Bank Transfer, Credit Card, Debit Card, Apple Pay, Google Pay, Neteller, Skrill, Cryptocurrency |
| Managed account | No | Languages | English, German, French, Portuguese, Spanish, Japanese, Chinese, Vietnamese, Indonesian, Taiwanese, Thai, Arabic, Turkish, Polish, Swedish, Urdu, Hindi, Romanian, Tagalog, Afrikaans |
| PAMM / MAM account | Yes | Customer support | Live Chat, Email, Telephone |
| Joint account | Yes | Contact email | support@thinkmarkets.com |
| Copy trading | Yes |
Pros & Cons
Pros
- +Strong global regulatory oversight
- +Fast and easy account opening
- +Demo account available for practise
- +Fast and secure payment options
- +Low minimum deposit
- +Multiple account currency options
- +Free deposit and withdrawal
- +Negative balance protection
- +Low forex trading fees
- +Better pricing option via ThinkZero (raw spreads + commission)
- +Islamic (swap-free) accounts available
- +User-friendly mobile and web platforms
- +Support 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 6 months of account inactivity