It’s a great and intuitive platform with useful features for your simplicity. Moreover, you could even gain access to a huge collection of educational tools and assistive substance to kickstart your trading expertise. The reason that ThinkMarkets asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, ThinkMarkets has to be careful that they don’t breach any money laundering laws and part of that is know as KYC (Know your customer).
- This can be beneficial for people who regularly trade, such as daily or weekly trading.
- This helps to give clients additional peace of mind that they are using a trusted and reputable broker.
- The reason that ThinkMarkets asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies.
- They charge fees of varying rates for a variety of services to make money.
A professionally lead investment partner could aid you in minimising any losses and maximising any profits. It is crucial that you know all you can about any broker until you trust them with your money. ThinkCapital provides leveraged funding for nearly unlimited upside, helping traders achieve their financial goals.
The broker supports trading on some of the most popular Cryptos such as Bitcoin and Ethereum. Their Crypto spreads are low with no contract expiration and the ability to go long or short. Cryptocurrencies are highly volatile and traders can speculate on if they believe their value will increase or decrease in relation to the currency of their choice.
All websites and web-based platforms are tested using the latest version of the Google Chrome browser. Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go. We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14.
ThinkMarkets Trading Platforms
Selecting the right broker is vital for your ThinkMarkets investments to thrive. However, be cautious of counterfeit and untrustworthy brokers hiding in the shadows, ready to exploit naive traders. MetaTrader is a powerful, customisable trading platform designed for trading on multiple markets. Built for traders of all levels and experience, MT4 is a simple and reliable trading platform. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation.
Trade directly on one of the world’s leading charting platforms while enjoying ThinkMarkets’ superior trading conditions. Trade with raw spreads from as low as 0.0 on forex and access ultra-tight spreads on all other products. With a standard account, you can benefit from commission free trading on all precious metals including gold, silver & platinum.
Can you trade US Shares with ThinkMarkets?
A comparative analysis can put things into perspective so that you are aware of what to expect. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% of retail investor accounts lose money when trading CFDs with this provider.
TradingView
Trade on MetaTrader’s latest trading platform and thinkmarkets broker review access one of the most powerful platforms with over 1,800 tradable instruments. At ThinkCapital, we’re redefining prop trading by working closely with ThinkMarkets, a globally recognized, multi-regulated broker. Our goal is to democratize trading, making it accessible to skilled traders regardless of their financial background. Take it a step further with the ThinkZero Account, offering raw spreads and low commissions.
Jumpstart Your Funded Trading Career
The agent goes to great lengths to understand what traders need. The agent also provides a number of programs for all kinds of traders. ThinkMarkets ensures that the individual needs of all traders are met to the best of their ability. Over the past 15 years, ThinkMarkets has grown into one of the best online brokers available to the public.
These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to our users. Our proprietary rating algorithm takes all of the datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs. Depositing money onto the ThinkMarkets trading platform is easy. You just have to complete a single-user profile survey to begin depositing money into your trading account.
ThinkMarkets has a wide variety of over 3500 instruments available for you to trade with. In case you are withdrawing money in various currencies from USD, a conversion fee is also important. The conversion fee will be dependent on the money you are choosing to draw in. Withdrawal of money is possible at any moment from the ThinkMarkets account. You can withdraw up sums to the amount of your account balance, keeping aside the perimeter utilized. 1 thing to keep in mind is that you don’t necessarily need to have any money on your account.
Is ThinkMarkets a trustworthy broker?
- The overall average of email support provided by ThinkMarkets was very good.
- ThinkMarkets also features excellent trading conditions that are available to all and not just an elite group of institutional clients.
- The broker does have a selection of trading tools that can be used to assist with your trading and to keep up to date with the latest market news.
- There should be enough instruments to satisfy most traders but they don’t quite compare to IG who have more than 17,000 for you to choose from.
- The founders of ThinkMarkets are known for their experience in the world of internet trading.
- Yes, ThinkMarkets offers demo accounts so you can learn their systems before risking any real money.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Together with everything, ThinkMarkets has multiple benefits to new and verteran traders and should be investigated. The brokers offer premium customer service that rewards clients with benefits. ThinkMarkets’s social trading platform allows traders to share their expertise with others to build a community of investors and traders. Intermediate traders can then absorb this expert knowledge and create their own trades.
All content on comparebrokers.org is intended for educational purposes only and should never be considered financial advice. We do not recommend or advise that investors buy or sell through any financial instrument like commodities, securities or stocks. Skrill (formerly Moneybookers) is a digital wallet company that was founded in 2001 that provides a variety of online payment and money transfer services. Several traders throughout the world choose ThinkMarkets for their scalping services.
You can use debit or credit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. You have to keep in mind that PayPal isn’t available in all place. The currencies ThinkMarkets accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD. The process to start trading with ThinkMarkets is super simple.
A VPS can offer improved performance, helping to reduce trading latency and increase execution speeds. To qualify for a free VPS, clients must trade a minimum amount of lots per calendar month. You can get a free VPS from other brokers including Blueberry Markets. ThinkMarkets provides a strong suite of trading platforms and tools, recommended for most traders. The availability of MetaTrader 4 and MT5 alongside a proprietary platform gives traders flexibility in trading. When engaging in online trading with platforms such as ThinkMarkets, it’s crucial to carefully assess ThinkMarkets as your broker, as this choice can significantly impact your success.
If trading forex pairs is of interest to you then ThinkMarkets offer over 46 forex pairs. This ThinkMarkets review breaks down every one of the applicable non-trading charges for you in detail. The minimum deposit that you need to begin on ThinkMarkets is $0. However, make certain that you know how to make the most of your money before investing in larger sums. In accordance with the organization’s privacy regulations, customer data is never to be shared with any other institutions or individuals. ThinkMarkets acknowledges the significance of owning a fast order execution.
