FBS Information

FBS is a regulated broker that provides 550+ tradable instruments, including currency pairs, metals, energies, indices, and shares with leverage up to 1:3000, spread from 0.0 pips and commissions from 0% through FBS app, MT4 and MT5 trading platforms. The minimum deposit requirement is just $5.

Pros and Cons

Is FBS Legit?

Yes. FBS is regulated by ASIC in Australia and CySEC in Cyprus, and offshore regulated by FSC in Belize. Regulated brokers are safer than unregulated ones, but investing is inevitably risky.

Regulated Country	Regulated by	Current Status	Regulated Entity	License Type	License Number
	Australia Securities & Investment Commission (ASIC)	Regulated	Intelligent Financial Markets Pty Ltd	Market Making (MM)	000426359
	Cyprus Securities and Exchange Commission (CySEC)	Regulated	Tradestone Ltd	Market Making (MM)	331/17
	Financial Services Commission (FSC)	Offshore Regulated	FBS Markets Inc.	Retail Forex License	000102/460

What Can I Trade on FBS?

Traders can invest in 550+ trading instruments, including currency pairs, metals, energies, indices, and shares.

Leverage

The maximum leverage is capped at 1:3000. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spread and Commission

FBS offers floating spreads from 0.7 pips and no commissions charged.

Trading Platform

FBS has an authoritative MT4 and MT5 trading platform, favorited by traders ranging from junior to senior traders, and FBS also offers the proprietary trading platform FBS app.

Deposit and Withdrawal

FBS says to accept 200+ payment methods, such as VISA, Mastercard, Sticpay, etc. (vary on the region). The minimum deposit is $5, and no commissions are charged.

Founded in 1999, ThinkMarkets is a regulated broker registered in Australia, offering trading in 4,000 CFDs on forex, indices, commodities, cryptocurrencies, stocks, ETFs, futures, and gold with leverage up to 1:500 and spread floating from 0.0 pips via ThinkTrader, TradingView, and MT4/5 platforms. Demo accounts are available and the minimum deposit requirement to open a live account is only $50.

ThinkMarkets Pros and Cons

Pros:

• - It offers a wide variety of financial instruments for trading.
• - It has several trading platforms, including MetaTrader4, MetaTrader5, TradingView and ThinkTrader.
• - It offers a ThinkZero account with ultra-low spreads and high execution speed.
• - The customer service team is multilingual and available 24/7.
• - It has a wide range of educational resources (academy, glossary, videos) for traders.
• - It does not charge commissions for deposits or withdrawals.

Cons:

• - The minimum deposit for the ThinkZero account is $500, which may be an obstacle for some traders.
• - Educational resources may be too basic for advanced traders.
• - Clients from the United States, Canada, Bermuda the European Union, Australia, United Kingdom, Russia and Japan are not allowed.

Is ThinkMarkets Legit?

ThinkMarkets has multiple regulations, including Australia Securities & Investment Commission (ASIC), Financial Services Agency (FSA) in Japan, Financial Conduct Authority (FCA) in the UK, Cyprus Securities and Exchange Commission (CySEC), and offshore regulated by the Seychelles Financial Services Authority (FSA).

Regulated Country	Regulated by	Current Status	Regulated Entity	License Type	License Number
	ASIC	Regulated	TF GLOBAL MARKETS (AUST) PTY LTD	Market Making (MM)	424700
	FSA	Regulated	TF Global Markets Japan 株式会社	Retail Forex License	関東財務局長（金商）第250号
	FCA	Regulated	TF Global Markets (UK) Limited	Straight Through Processing (STP)	629628
	CySEC	Regulated	TF Global Markets (Europe) Ltd (ex A-Conversio Capital Ltd)	Straight Through Processing (STP)	215/13
	FSA	Offshore Regulated	TF Global Markets Int Ltd	Retail Forex License	SD060

Market Instruments

ThinkMarkets offers 4,000 CFDs on forex, indices, commodities, cryptocurrencies, stocks, ETFs, futures, and gold.

Trading Accounts

ThinkMarkets offers its clients three live account options: the Standard Account, the ThinkTrader Account, and the ThinkZero Account.

Besides, ThinkMarkets also offers the swap-free account, demo account, Joint account, and ThinkCopy account.

Leverage

Leverage is an important tool in forex trading, as it allows traders to increase their buying power and have access to greater trading opportunities. At ThinkMarkets, the maximum leverage offered is 1:500 for all account types, which means that traders can control a position up to 500 times the size of their account.

However, it is important to note that high leverage also carries a higher risk, as the potential losses are also multiplied by the same proportion. Therefore, it is important that traders understand the risks associated with high leverage and use appropriate risk management tools when trading with high levels of leverage.

Trading Platform

ThinkMarkets offers its clients four different trading platforms: MetaTrader4, MetaTrader5, TradingView and ThinkTrader.

MetaTrader4 is one of the most widely used trading platforms in the world and has earned a great reputation due to its ease of use and wide range of technical analysis tools and resources.

MetaTrader5 is the most advanced MetaTrader trading platform, with additional features such as the ability to trade futures and options.

TradingView is a premium business utility that offers a free demo of its trade charting platform. The app is simple for beginners and effective for technical analysis experts.

ThinkTrader is ThinkMarkets' proprietary trading platform, designed to provide a superior trading experience with advanced features, an intuitive interface and full customization.

Deposit and Withdrawal: Methods and Fees

ThinkMarkets offers multiple deposit and withdrawal options for its clients, including Swift, cryptos, Visa, MasterCard, Apple Pay, Google Pay, Neteller, Skrill, UPI, Indian Net Banking, Mpesa, and Mobile Money Ghana.

Conclusion

In summary, ThinkMarkets is a multi-regulated forex and CFD broker that offers a wide range of trading instruments 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.

Frequently Asked Questions

What types of accounts does ThinkMarkets offer?

ThinkMarkets offers three types of accounts: the Standard account, the ThinkTrader account, and the ThinkZero account.

What payment methods are available for depositing and withdrawing funds into my account?

Available payment methods include Swift, cryptos, Visa, MasterCard, Apple Pay, Google Pay, Neteller, Skrill, UPI, Indian Net Banking, Mpesa, and Mobile Money Ghana.

What assets can I trade at ThinkMarkets?

ThinkMarkets offers a wide variety of financial instruments, including 4,000 CFDs on forex, indices, commodities, cryptocurrencies, stocks, ETFs, futures, and gold.

What is the maximum leverage offered by ThinkMarkets?

ThinkMarkets offers a maximum leverage of 1:500.