WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
您当前语言与浏览器默认语言不一致,是否切换?
切换
Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10
The WikiFX Score of this broker is reduced because of too many complaints!

ThinkMarkets

Australia|10-15 years| Benchmark B|
Market Making(MM)|MT4 Full License|Global Business|Suspicious Overrun|High potential risk|Offshore Regulated|

https://www.thinkmarkets.com/en/

Website

Rating Index

Benchmark

Benchmark

B

Average transaction speed (ms)

517.1

MT4/5

Full License

ThinkMarkets-Live 4

Hong Kong
MT4
57

Capital Ratio

Good

Capital

$ 1,925,581 (USD)

Influence

AA

Influence index NO.1

Japan 8.01
The WikiFX Score of this broker is reduced because of too many complaints!

Benchmark

Speed:A

Slippage:B

Cost:AAA

Disconnected:AAA

Rollover:C

MT4/5 Identification

MT4/5 Identification

Full License

57
Server Name
ThinkMarkets-Live 4 MT4
Server Location Hong Kong

Capital Ratio

Capital Ratio

Good

Capital

$ 1,925,581 (USD)
Ranking in Japan: 58 /408
269.4%
安全的

Influence

Influence

AA

Influence index NO.1

Japan 8.01

Surpassed 81.50% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+44 203 514 2374
support@thinkmarkets.com.cn
https://www.thinkmarkets.com/en/
Level 14, 333 Collins Street, MELBOURNE VIC Australia 3000

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now
FX Clearing Trust

Contact number

English

+44 203 514 2374

English

+248 4373952

Traditional Chinese(HK)

+886 801 491 300

Spanish

+34 911 984 469

Other ways of contact

Broker Information

More

Check whenever you want

Download App for complete information

WikiFX Risk Alerts 3
Previous Detection : 2024-12-04
  • The number of the complaints received by WikiFX have reached 67 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • This broker exceeds the business scope regulated by South Africa FSCA(license number: 49835)National Futures Association-UNFX Non-Forex License. Please be aware of the risk!
  • The Seychelles FSA regulation with license number: SD060 is an offshore regulation. Please be aware of the risk!

WikiFX Verification

ThinkMarkets · WikiFX Survey
A Visit to THINK MARKETS in Cyprus - Office Found
Cyprus
ThinkMarkets · Benchmark
Average transaction speed(ms)
517.1
The highest transaction speed(ms)
125 Good
The highest speed of opening positions(ms)
172 Good
The highest speed of closing position(ms)
125 Great
The lowest speed of opening positions(ms)
1907
The lowest speed of closing position(ms)
1906
12.93USD/Lot Great
4.74USD/Lot Perfect
Long: -7.38USD/Lot    Short: 2.6USD/Lot Good
Long: -40.04USD/Lot    Short: 13.97USD/Lot Poor
Average slippage
1 Poor
Maximum transaction slippage
14 Good
Maximum positive slippage
10 Poor
Maximum negative slippage
14 Good
Average disconnection frequency (times/day)
0.1 Perfect
Average reconnection time (millisecond/per request)
17.4
Ranking: 83 / 128
Test user 345
Orders 1,171
Ocuppied margin $1,278,137 USD
Data Source WikiFX Data provide
Updated: 2024-12-02 01:00:00

Risk Management

Updated Time 2024-10

Average margin deposit rate

Average margin deposit rate(%)

Proportion of unsold orders

Ratio of unsold orders(%)

Hedging Trading

  • Date
  • Institution
  • Percentage
  • Rating

Users who viewed ThinkMarkets also viewed..

XM

9.05
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

FBS

8.77
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

FP Markets

8.88
Score
15-20 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

EC Markets

9.05
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

Total Margin Trend

  • VPS Region
  • User
  • Products
  • Closing time
  • Taipei
  • 173***
  • XAUUSD
  • 12-03 19:53:48
  • London
  • 969***
  • XAUUSD
  • 12-03 19:57:35
  • London
  • 222***
  • XAUUSD
  • 12-03 20:03:59

Stop Out

0.76%

Stop Out Symbol Distribution

6 months

Sources
Language
Mkt. Analysis
Creatives

ThinkMarkets · Company Summary

Registered in Australia
Regulatory status FCA of the United Kingdom, CYSEC of Cyprus, ASIC of Australia and FSA of Seychelles.
Year(s) of incorporation 10-15 years
Market instruments Currency pairs, stocks, commodities, precious metals, energies, indices, cryptocurrencies...
Minimum initial deposit $500 / $0
Maximum leverage 1:500
Minimum spread From 0.0 pips
Trading platform MetaTrader5, MetaTrader4, proprietary platform
Deposit and withdrawal methods Credit/debit cards, skrill, neteller, cryptocurrencies
Customer Service E-mail/phone number/address/live chat
Fraud allegations Not yet

This is a promotional video provided by the ThinkMarkets YouTube channel.

It is important to note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

In this review, if there is a conflict between the image and the text content, the text content should prevail. However, we recommend that you open the official website for further consultation.

Pros and cons of ThinkMarkets

Pros:

  • - It offers a wide variety of financial instruments for trading.

  • - It has several trading platforms, including MetaTrader4, MetaTrader5 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 for traders.

  • - It does not charge commissions for deposits or withdrawals.

Cons:

  • - Fees on the ThinkZero account can be high.

  • - The minimum deposit for the ThinkZero account is $500, which may be an obstacle for some traders.

  • - The standard account has wider spreads than the ThinkZero account.

  • - The regulation of the company is not clearly specified.

  • - Educational resources may be too basic for advanced traders.

What type of broker is ThinkMarkets?

Dimension Advantages Disadvantages
Broker Model ThinkMarkets offers tight spreads and fast execution due to its Market Making model. As a counterparty to its clients' transactions, ThinkMarkets has a potential conflict of interest that can lead to decisions that are not in the best interest of clients.

ThinkMarkets is a Market Making (MM) broker, which means that it acts as a counterparty to its clients in trading operations. That is, instead of connecting directly to the market, ThinkMarkets acts as an intermediary and takes the opposite position to its clients. As such, it can offer faster order execution speed, tighter spreads and greater flexibility in terms of offering leverage. However, this also means that ThinkMarkets has a certain conflict of interest with its clients, as their profits come from the difference between the bid and ask price of assets, which could lead to them making decisions that are not necessarily in the best interest of their clients. It is important for traders to be aware of this dynamic when trading with ThinkMarkets or any other MM broker.

General Information and Regulation of ThinkMarkets

ThinkMarkets is a forex and CFD broker founded in Australia in 2010. The company has multiple regulations, including the UK FCA, Cyprus CYSEC, Australia ASIC and Seychelles FSA. This means that traders can be confident that ThinkMarkets meets strict safety and regulatory standards in all jurisdictions where it operates.

General information

Market instruments

Advantages Disadvantages
Wide variety of trading instruments available Does not offer trading in some specific markets
Includes cryptocurrencies, stocks, indices and futures. Some instruments have a higher than average spread
Access to international markets with a single account Batch sizes vary according to the instrument
Portfolio diversification and hedging opportunities Trading of some instruments may be limited

ThinkMarkets offers a wide variety of trading instruments, including currencies, indices, energy, precious metals, cryptocurrencies, stocks, exchange-traded funds and futures. Traders can access international markets from a single account, providing the opportunity to diversify and protect their portfolios.

---

However, some instruments may have a higher than average spread, and lot sizes may vary from instrument to instrument. In addition, trading of some instruments may be limited in certain geographic regions. Overall, the wide range of trading instruments available is an important advantage of ThinkMarkets, but it is important to be aware of the possible limitations and additional costs associated with some instruments.

market instruments

Spreads and commissions for trading with ThinkMarkets

Advantages Disadvantages
Standard account without commissions Higher spreads on standard account
Low spreads on ThinkZero account Commission on ThinkZero account
Account options for traders of any level Minimum deposit of $500 in ThinkZero account

At ThinkMarkets, the costs associated with trading vary depending on the type of account. On the standard account, the average spread is 1.2 pips and there are no commissions, which makes it a good choice for beginner traders or those looking for a low-cost account. On the other hand, in the ThinkZero account, the average spread is 0.1 pips, but a commission of $3.5 per side is charged, which makes it more suitable for more experienced traders and larger scale trades.

Trading accounts available at ThinkMarkets

Advantages Disadvantages
Standard Account: low minimum deposit Standard Account: higher spreads
Standard Account: no commissions ThinkZero Account: high minimum deposit
ThinkZero account: tight spreads ThinkZero Account: commissions
ThinkZero account: maximum lot size
Both accounts: leverage of 1:500
Both accounts: 24/7 customer service

ThinkMarkets also offers a demo account for traders to test the platform and its services without risk.

ThinkMarkets offers its clients two trading account options: the Standard Account and the ThinkZero Account. The Standard Account is suitable for beginner traders or those who wish to trade with a low minimum deposit without having to worry about commissions. This account offers average spreads of 1.2 pips and does not charge commissions on trades. On the other hand, the ThinkZero Account is ideal for more experienced traders looking for tight spreads and low trading costs. This account has average spreads of 0.1 pips and charges a commission of $3.5 per lot traded. Both accounts have leverage up to 1:500 and offer 24/7 customer support via live chat, email and phone.

account types

Trading platform offered by ThinkMarkets

Advantages Disadvantages
MetaTrader4 is a widely used trading platform with a wealth of technical analysis resources. MetaTrader4 is not the most advanced trading platform available on the market.
MetaTrader5 offers additional features, such as the ability to trade futures and options. MetaTrader5 may have a steeper learning curve for new traders
ThinkTrader is ThinkMarkets' proprietary trading platform, designed to provide a superior trading experience. ThinkTrader may have fewer technical analysis resources compared to MetaTrader4 and MetaTrader5.
All three trading platforms offer fast and reliable execution of trades. By offering three different platforms, it can be overwhelming for traders to choose the right platform for their needs.

ThinkMarkets offers its clients three different trading platforms: MetaTrader4, MetaTrader5 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. ThinkTrader, on the other hand, is ThinkMarkets' proprietary trading platform, designed to provide a superior trading experience with advanced features, an intuitive interface and full customization.

trading platform

ThinkMarkets maximum leverage

Advantages Disadvantages
Possibility of making significant profits with a low initial investment Increased risk of significant losses if the market moves against the trader
Increases flexibility and trading opportunities Increased exposure to market risk and unexpected events
Allows traders to diversify their trading portfolio Can lead to over-leveraging and over-exposure to risks
Allows traders to maximize their earning potential in favorable market conditions Requires adequate risk management to avoid significant losses
Ideal for experienced traders who can handle high level of risk Not suitable for inexperienced traders or traders who do not fully understand the risk associated with 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, 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.

Deposit and Withdrawal: methods and fees

Advantages Disadvantages
Multiple deposit and withdrawal options, including bank transfer, credit/debit cards, cryptocurrencies and e-wallets such as Skrill and Neteller. ThinkMarkets may pass on charges from third-party vendors to customers, which could result in additional costs.
ThinkMarkets does not normally charge commissions for deposits or withdrawals. Third party payments are not allowed.
ThinkPortal allows up to 24 transactions between transfers in a 2-hour period, which can be convenient for customers who need to make multiple transactions quickly.
Withdrawal requests are typically processed within 24 hours during the week, which can result in a fast and efficient experience for customers.

ThinkMarkets offers multiple deposit and withdrawal options for its clients, including bank wire transfer, credit/debit cards, cryptocurrencies and e-wallets such as Skrill and Neteller. Third-party payments are not allowed and ThinkMarkets does not normally charge deposit or withdrawal fees. In addition, ThinkPortal allows up to 24 transactions between transfers in a 2-hour period, which can be convenient for customers who need to make multiple transactions quickly. Withdrawal requests are typically processed within 24 hours during the week, which can result in a fast and efficient experience for customers. However, ThinkMarkets may pass on charges from third party providers to customers, which could result in additional costs.

deposit and withdrawal

Education at ThinkMarkets

ThinkMarkets offers a wide range of educational resources to its clients, including news, technical analysis, webinars, articles and more. These resources are available for free and are of high quality, which can be very useful for traders of all experience levels. In addition, the platform offers tools such as charts and an economic calendar that can help traders make informed decisions in the market. It also offers a structured and organized section in the form of courses, which can be an advantage for novice traders looking for more structured guidance. In addition, while the educational resources are accessible to all ThinkMarkets clients, there is no online community for traders to interact and share experiences.

educational resources

ThinkMarkets Customer Service

Advantages Disadvantages
24/7 multilingual support No waiting time specified in live chat
Various forms of contact (e-mail, phone, live chat) No support through social networks
Support available for technical and account issues It is not specified whether there is a dedicated team for trading or financial education questions.

ThinkMarkets offers robust and accessible customer service through a variety of channels, including email, telephone and live chat, all available 24 hours a day, 7 days a week. The availability of multilingual support is especially helpful for customers around the world. In addition, the support team is trained to handle a wide range of problems, including technical and account issues. However, the wait time on live chat is not specified, which can be a source of frustration for some customers. In addition, there is no social media support and it is not specified whether there is a dedicated team for trading or financial education questions.

customer support

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 about ThinkMarkets

  • Question: How can I open an account with ThinkMarkets?

  • Answer: You can open an account with ThinkMarkets through their official website. Simply click on “Register” and follow the steps provided.

  • Question: What types of accounts does ThinkMarkets offer?

  • Answer: ThinkMarkets offers two types of accounts: the standard account and the ThinkZero account.

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

  • Answer: Available payment methods include bank transfer, credit/debit cards (Visa and Mastercard), cryptocurrencies, Skrill and Neteller.

  • Question: What assets can I trade at ThinkMarkets?

  • Answer: ThinkMarkets offers a wide variety of financial instruments, including currencies, indices, energy, precious metals, cryptocurrencies, stocks, exchange-traded funds and futures.

  • Question: What is the maximum leverage offered by ThinkMarkets?

  • Answer: ThinkMarkets offers a maximum leverage of 1:500.

  • Question: What educational resources are available on ThinkMarkets?

  • Answer: ThinkMarkets offers a wealth of educational resources such as news, economic calendar, technical analysis, webinars, articles, glossary, indicators, charts and reports.

  • Question: What security measures does ThinkMarkets have in place to protect my funds and personal data?

  • Answer: ThinkMarkets uses state-of-the-art encryption technology to protect your personal and financial data. In addition, your funds are held in segregated accounts to ensure their safety in the event of company insolvency.

News

ThinkMarkets Expands Mobile Integration with TradingView

NewsThinkMarkets Expands Mobile Integration with TradingView

2024-11-11 13:44

ThinkMarkets extends its services to TradingView's mobile app, enhancing access to markets with CFDs on currency pairs, stocks, and commodities.

WikiFX
2024-11-11 13:44
News
ThinkMarkets Expands Mobile Integration with TradingView
ThinkMarkets Won ‘Best Trading App for Analysis’ Award

NewsThinkMarkets Won ‘Best Trading App for Analysis’ Award

2024-10-24 14:36

ThinkMarkets, a well-known broker, received the "Best Trading App for Analysis" award from TechRadar, a prominent technology website. TechRadar was founded by Future PLC in 2008 with a team based mostly in the UK.

WikiFX
2024-10-24 14:36
News
ThinkMarkets Won ‘Best Trading App for Analysis’ Award
Join ThinkMarkets' Webinar on US Election 2024

NewsJoin ThinkMarkets' Webinar on US Election 2024

2024-10-23 19:04

The US election is affecting the FX market. If you're in this volatile Forex market. You may join the ThinkMarkets webinar today at 16:00 BST via Zoom. You will get information regarding the potential impact of the US election on global markets. This webinar will be shown at 8 p.m. in India.

WikiFX
2024-10-23 19:04
News
Join ThinkMarkets' Webinar on US Election 2024
ThinkMarkets Integrates with TradingView for Better Trading

NewsThinkMarkets Integrates with TradingView for Better Trading

2024-07-28 19:51

ThinkMarkets integrates with TradingView, enhancing trading with advanced tools, superior conditions, and a seamless connection for a better trading experience.

WikiFX
2024-07-28 19:51
News
ThinkMarkets Integrates with TradingView for Better Trading

Review 79

79 Comments
Write a comment
All(79) Latest Positive(8) Neutral(1) Exposure(70)
Scroll down to view more
Write a comment
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com