Thinkmarkets Review 2021

By Shamshuddin Attar

Sep 13 2019





In the unlikely event of default, The UK’s Financial Services Compensation Scheme protecs clients up to a threshold of £85,000 GBP. For clients whose assets exceed the FSCS’s threshold, ThinkMarkets has purchased Excess of FSCS Insurance- an innovative product that provides investors greater protection and compensation rights. Trading at times when there crypto exchanger is a low market participation, such as when the trading week has just opened or when a market is about to close. Get £25,000 of virtual funds and prove your skills in real market conditions. Harness the market intelligence you need to build your trading strategies. No matter your experience level, download our free trading guides and develop your skills.

Tokenexus  forex broker

EUR/USD, GBP/USD, USD/JPY. Unlike the price of commodities and shares, the forex market neither goes up nor down. What really happens is that the price of one currency moves up or down in relation to another. Wide range of markets — forex, cryptos, indices, commodities, energies and more.

Account Types

The combination of downloadable platforms for both Mac and Windows allows traders to trade with their device of choice. ThinkZero – Average FX spread is 0.1 pips, 3.5 unit commission per side, £500 minimum deposit, and maximum trade size is 100 lots. ThinkZero is best suited to traders looking for zero spreads and large position sizes.

  • ThinkMarkets takes a fee from the spread which is the difference between the buy and sell price of an instrument.
  • One should know that trading any other kind of complex financial product involves high risks, and is not suitable for everyone.
  • Some payment methods such as bank wire carries fees and often traders set a custom minimum payment amount in order to accumulate rebates and withdraw their rebates less often than monthly.
  • It is also possible to trade in smaller amounts – mini, micro and nano lots sizes, corresponding to 10,000, 1,000 and 100 units respectively.
  • “This announcement is also significant because it coincides with the opening of our Tokyo office.”
  • The firm stays relevant by charging prices that are market competitive and offers a wide range of prices thus making affordability a crucial factor.

Compare theseThinkMarkets alternatives or find your next broker using our free interactive tool. To start the process of opening an account with ThinkMarkets you canvisit their website here.

Mt4 Desktop

ThinkMarkets offers you access to seven different asset classes, with the ability to trade with more than 50 different financial instruments. This Forex broker allows you to trade with Precious Metals, Currency Pairs, Indices, and even cryptocurrencies, which is a rare financial asset class with Forex brokers. ThinkMarkets MT4 mobile trading platform is an application that is best suited for users who like trading-on-the-go. You can download the MT4 mobile application on any mobile device, since it is applicable for both iOS and Android operating systems.

Yes, we gave ThinkMarkets a high 90% trust score in our review and believe traders should be safe here. One of the main positives for ThinkMarkets is that they’re regulated by our own Financial Conduct Authority here in the UK. Careful traders will be pleased to know that ThinkMarkets is licensed to provide trading services by multiple regulatory bodies, 3 in fact, including the FCA. Whilst most of our data has been verified directly from these brokers, it can occasionally vary. We are not responsible for incorrect or outdated information within our online trading broker reviews and you should confirm all data directly with the broker. Rates, terms, products and services on third-party websites are subject to change without notice.

Who owns Tokenexus ?

ThinkMarkets was founded by brothers Nauman and Faizan Anees in 2008, two Chicago natives.

The ThinkZero account offers much better spreads, but it does charge a commission of GBP 2.5 units per side. Exception are CFDs, which carry no commissions and feature spreads starting from 0.4 points. As a market maker, ThinkMarkets may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically has larger capital and minimum trade requirements. Market makers typically have a lower minimum deposit, smaller minimum trade requirements and no commission on trades. As you can see, ThinkMarkets’s minimum spread for trading EUR/USD is 0.5 pips – which is relatively low compared to average EUR/USD spread of 0.70 pips. Below is a breakdown of how much it would cost you to trade one lot of EUR/USD with ThinkMarkets vs. similar brokers.

Thinkmarkets Fees And Comission:

We will display the adjustment as a separate journal entry in the client’s trading account. If the overall dividend amount for a distinct equity position is less than 0.5 cents, we will round the dividend to 0. Adjustments will be displayed as a separate journal entry in the client trading account.

ThinkMarkets was founded in 2010 by Nauman Anees, following years of experience in financial services. The company holds licenses with some of the most respected regulatory bodies, including the UK’s FCA. Customer reviews also show the broker can be trusted. ThinkMarkets offers a demo account with $/£25,000 in virtual cash. The ThinkMarkets website is secured using industry-standard encryption protocols.

Tokenexus  forex broker

Their original headquarters is located in Australia and the UK and was founded in 2010. As of the moment, more than 10,000 traders are using their services. This includes a trader base from various countries around the world. You work or have worked in the financial sector for at least 12 months in a position that requires knowledge of CFDs and/or spread betting transactions.

Spreads & Commissions

The ThinkMarkets support staff can be contacted via an email form through the Contact Us page, live chat, as well as a couple of phone numbers (+ in the UK and + in Australia). The other account options are the Sharia-compliant Islamic account type and the Joint account. The top asset class of the broker is the FX one, which features some 39 currency pairs.

Tokenexus  forex broker

ThinkMarkets is an award-winning international forex and CFDs retail brokerage with a solid reputation for being secure and regulatory compliant. The brokerage is regulated by three top-tier authorities, including the esteemed FCA in the United Kingdom. Trading tokenexus official site Central is a global fintech company which was founded in 1999. It was created to help traders and investors make better trading decisions. ZuluTrade gives you access to a list of experienced traders who share their trading results with their followers.

We aim to provide unbiased online trading broker reviews to give traders a clear understanding of the different brokers available to them. Traders can use our free service but should do their own due diligence and make their own decisions when choosing an online trading broker suited to their individual needs. In addition to the main accounts, there is a joint account and an Islamic friendly swap free account that complies with Sharia law. They also provide demo accounts if you would like to test the different trading platforms and conditions before opening and funding a real account. At ThinkMarkets you can take positions on global indices from just 0.4 points on ThinkTrader or tight variable spreads on MT4. An index is made up of a group of shares and is used to track the performance of a country’s economy, a market sector or an exchange.

Direct chart trading is also available, along with standard risk management tools and multiple order types. ThinkMarkets is a multi-regulated broker offering trading in forex and CFDs. Users can choose between MT4 and MT5, plus the broker’s ThinkTrader platform. This, along with low trading fees and over 12,000 instruments makes the ThinkMarkets group an attractive proposition. Our review will unpack the login process, client portal features, and more. Forex trading has evolved into one of the most popular markets to trade.

Established in 2010 in New Zealand, the firm moved its office to Australia in 2010 where its headquarters are currently located. With over a decade of experience, the firm has received multiple awards for its exceptional services. In order to facilitate clients, ThinkMarkets allows scalping and hedging in addition to offering a demo account to its clients.

Learn How To Trade Forex

ThinkMarkets have a choice of trading accounts to suit different traders needs. There are 2 main accounts which are the standard account and ThinkZero account.

Is ThinkMarkets regulated?

TF Global Markets Int Limited is authorised and regulated by the Financial Services Authority, Firm Reference Number SD060. TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority, FRN 629628.

Forex is traded over-the-counter through a network of brokers and financial institutions as opposed to a centralised exchange. You can minimise the risk by trading through a regulated forex broker who you can trust. Forex Trading Africa annually reviews forex brokers regarded as the best in the world who accept South African traders.

Also, the MetaTrader platforms use a one-time-password to provide an additional layer of security. Note the broker does not use an ECN model and is primarily a market maker.

You will find, while trading with ThinkMarkets that your funds will be stored in segregated accounts that are kept away from corporate funds. ThinkMarkets is regulated by the Australia Securities and Investment Commission , the Financial Conduct Authority , and South Africa’s Financial Sector Conduct Authority What is Ethereum . This Forex trading broker also provides traders with an insurance package that protects clients from any form of financial exposure that may take place. You will find while trading with ThinkMarkets that your funds will be stored in segregated accounts that are kept away from corporate funds.

ThinkMarkets has a partnership agreement with Equinix which connects the brokerage’s vast liquidity pool directly to your trading platforms. This high-end technology enables ThinkMasters to provide fast and reliable trade execution under all market conditions with the best possible prices and tightest spreads from just 0.1 pips. MetaTrader 4 is one of the most popular forex and CFDs trading platforms in the world and allows traders to customise their trading experience and gain a technological edge. ThinkMarkets offers retail and institutional clients quick and easy access to a wide range of markets, including forex, CFDs on equities, cryptocurrencies, commodities, indices and shares. ThinkMarkets is a MetaTrader broker and also has its own proprietary trading technology, ThinkTrader.

It appeals to seasoned traders, in particular, offering more advanced trading tools and analysis features. Users benefit from additional technical indicators and timeframes, plus an enhanced strategy tester for EAs, as well as a built-in economic Ethereum calendar. The broker’s proprietary ThinkTrader platform is slick and intuitive. Users get over 80 indicators, 50 drawing tools, plus 14 different chart types. Clients also benefit from close to 200 free cloud-based notifications.