ThinkMarkets Review 2023 Investing com AU

ThinkMarkets Review 2023 Investing com AU

In addition to this, they provide an in-depth tutorial on various candlestick patterns and how traders can identify them. ThinkMarkets offers its customers several step-by-step guides to help them understand CFD trading better. These guides touch base on several areas ranging from beginner topics such as “How to Trade” to more advanced subjects like Fibonacci Ratios and Market Participants. They also provide articles for traders on the DAX 40 Stock Index and Popular Forex Strategies. Traders who have a standard account do not pay any commission. However, those with a ThinkZero account will be charged $3.5 per side lot on forex pairs and Metals.

ThinkMarkets trading platforms and tools

In this review, you will read about what ThinkMarkets offers. We’ll also talk about its pros and cons to help you decide whether this broker is the right one for you. All traders ask the same questions when choosing the right broker for them. Naturally, traders would want a broker who’s trustworthy and straight to the point. Yes, ThinkMarkets make a wide array of educational materials including tutorials, live webinar sessions, a trading glossary, a knowledge base, and a selection of trading guides.

Reviews from actual traders

ThinkMarkets has introduced spread betting on its proprietary, ThinkTrader, trading platform, for its UK clients. The new product allows traders to speculate or bet on price movements in financial markets, without the need to take ownership of the underlying assets. What’s more Spread betting offers tax advantages over other forms of margin trading to UK taxpayers. Running trading platforms on VPS hosting have grown in popularity among traders who demand complete control over their trading. VPS hosting enables you to keep your trading platform running remotely even when the power goes out, the internet goes down, or your machine unexpectedly shuts down.

• Indices are used to keep track of performance levels in a country’s economy or even a specific market sector; they are made up of a number of shares.
• You can join the ThinkAffiliates, ThinkInvest, Introducing brokers, or White Label programs.
• The desktop application provides an extra layer of security through two-factor authentication.
• ThinkMarkets is ideal for traders seeking a reliable and well-regulated broker with diverse technological solutions and a wide array of analytical tools.
• Each aspect has been thoroughly studied, and the results are presented in this review.
• This comprehensive Scope Markets review will explore the broker’s trading instruments, fees, trading platforms, regulations, deposit and withdrawal methods, spreads and leverage.

ThinkMarkets Standard Account

With the Calendar feature, traders using this application can stay informed on upcoming events that could have an impact on price action in the financial markets. thinkmarkets review On the desktop application, ThinkMarkets users can access information regarding economic events that could influence their sentiment analysis. All events are well organized according to dates and clients can view current and past activities.

The exact process of emailing the support department applies. ThinkMarkets features negative balance protection available for all their clients except Pro account holders. This broker has risk management tools that ensure that your account balance will never go below zero.

Withdrawal Methods

• The possible contract sizes are 1, 10, and 100 for the minimum and maximum trade sizes.
• However, users who operate a ThinkZero account are expected to maintain a $500 operating balance.
• Our broker ratings are also informed by the experience of our researchers during the evaluation process.
• Inactivity fees are not charged on deactivated accounts, which can be reactivated anytime.
• Their Crypto spreads are low with no contract expiration and the ability to go long or short.

If you have traded with ThinkMarkets we would really like to know about your experience – please submit your own review. This average customer rating is based on 2 ThinkMarkets customer reviews submitted by our visitors. Compare the markets and instruments offered by ThinkMarkets and its competitors. Please note, some markets may only be available via CFDs or other derivatives. Compare ThinkMarkets with the top 3 similar brokers that accept traders from your location. ThinkMarkets joined the TradingView party in 2024, fully integrating with one of the world’s leading charting platforms and social trading networks.

ThinkMarkets provides its clients access to the most current market news, regularly publishing reviews and analyses from its experts. This allows traders to stay informed of the latest trends and changes in the financial markets. ThinkMarkets provides extensive market analysis tools, including trading signals, the Traders’ Gym strategy testing tool, up-to-date market news, and a regularly updated economic calendar. However, some tools are only available for certain account types. ThinkTrader is ThinkMarkets’ proprietary trading platform that offers a range of powerful features and analytical tools. It allows closing all positions with a single click and offers over 125 indicators, 50 drawing tools, and 20 chart types.

As every millisecond counts to get the bid and ask the price you want, ThinkMarkets has two Equinix data centres located in London and Hong Kong. While no additional trading cost is charged by ThinkMarkets, except the spread. ThinkMarkets has a TrustPilot score of 4.1 out of 5 from 227 reviews. Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.

Overall, ThinkMarkets can be summarised as a trustworthy and regulated broker that is very competitive in terms of its trading fees. Their technology is cutting edge with lightning-fast execution and reliable customer support. The minimum deposit on ThinkMarkets is currently $0.00 for a standard account.

Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for. Multilingual client support is available 24 hours a day, 7 days a week via online chat, telephone or email.