While we do our best to ensure you get the most up-to-date data, we also encourage you to verify our information voluntarily. Like most forex brokers, ThinkMarkets supports the popular MetaTrader 4 platform. Besides, traders can host their trading strategies on a forex VPS, available for free to anyone who deposits $2000 or more. ThinkMarkets is a well-established and regulated online broker that puts great emphasis on client security.
ThinkMarkets offers access to 20 exclusive tools which includes feature rich trade execution & management programs, sophisticated notification alarms, messaging facilities, innovative market data & more. While trading in financial investments, losing money rapidly due to trading Forex, CFDs is not uncommon. Only take the risk of trading when you understand that your invested capital is at risk any time due to market volatility. ThinkMarkets also clearly state on their platform that Losses can exceed deposits. This material is not investment advice but simply my own opinions.
Honesty, integrity, and trust are foremost in the ThinkMarkets agenda. This ECN broker has no dealing desk, but relies on a global consortium of major liquidity providers to provide the best market prices for its clients. The firm is authorized and regulated by the Australian Securities and Investments Commission , with additional oversight provided by the FCA in the UK. Trading platforms are from the highly popular series of Metatrader4 protocols, with mobile applications for your smartphones and tablet devices.
There are several CFD, forex and binary options trading platforms. That’s why you’ll find information on some selected platforms on our website. Because of counterparty risk, it is not ThinkMarkets Review a bad idea to use a few different brokers. To manage the high risk of forex and CFD trading, customers can place stop loss and trailing stop orders, but order types are limited.
With different account types, a wide range of markets and 3 top trading platforms, ThinkMarkets caters to all levels of trading experience from beginner traders to experienced investors. Those scalping, day trading or developing automated trading strategies are better suited to a ThinkZero account type that offers ECN-style trading and pricing. Beginner traders may benefit from the simplicity of ThinkMarkets standard account, where there are no additional commission fees. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors.
Unfortunately, the most recent integration of the MT platform, Meta Trader 5, is not yet available. Average FX spreads for standard account starts from 1.2 pips, while ThinkZero provides ThinkMarkets Review the best trading experience with 0.1 pips spread. Still, traders may need to consider that ThinkZero applies commission from $3.5 per side for every 1000,000 trading volumes.
Top 3 Uk Brokers
Think Markets offers all of its traders access to trading in the forex market, as well as CFD trading with cryptocurrencies, stock indices, and commodities, including metals, energies, and soft commodities. In addition, more than 1,200 single stocks and 50+ exchange traded funds are available as CFDs, which is considerably more than most other forex brokers offer. Forex is a high-risk trading instrument and is not suited for all traders and investors.
ThinkMarkets has a reasonable sized customer support of at least 10. The ThinkMarkets phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual ThinkMarkets team by calling in varying languages. ThinkMarkets made an effort to make sure our queries were answered. We tested communicating with ThinkMarkets support in multiple languages in multiple countries.
Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus https://broker-review.org/ the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. Forex trading imposes a high level of risks and is not suited for all traders and investors.
Markets In Motion?
While ThinkMarkets do not offer premium orders such as Guaranteed Stop-Loss Orders , the broker provides significant investor protection to all traders, regardless of jurisdiction. ThinkMarkets offers ZuluTrade, a copy trading tools that you can integrate with MT4. With this platform, you pick and follow a trader in the ZuluTrade community and then set your strategy filters such as lot size and risk management.
When trading metals, pricing starts from 25 cents and CFDs 0.4 points. When trading ThinkMarkets Review under a Standard Account type, traders face no commission fees besides the spread.
- MetaTrader 4 MultiTerminal provides a intuitive easy to use dashboard where traders can administer and supervise several trading accounts.
- Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.
- ThinkMarkets offers access to 20 exclusive tools which includes feature rich trade execution & management programs, sophisticated notification alarms, messaging facilities, innovative market data & more.
- The ThinkMarkets advanced trading tools for MetaTrader 4 are aimed at improving the total trading experience and providing traders with a competitive advantage.
- MultiTerminal will let you manage over 100 Accounts simultaneously allowing you to place market orders, pending orders, view live market prices and track all accounts and equity at real time.
- MultiTerminal doesn’t support Automated Trading scripts like Expert Advisors.
MetaTrader 4 has built-in features to enable traders to trade with one, simple click giving them assess to the market quickly and helping to get the price they want without waiting. A choice of trading ThinkMarkets Review platforms, thousands of instruments, and low fees make the group suitable for beginners and veterans. The broker is also highly regulated with a long list of positive reviews from customers worldwide.
They incorporate top of the range trading technologies and provide advanced trading platforms to clients across the globe. Account types are flexible whilst there is a good range of trading tools and educational materials for traders to utilise. To meet ESMA requirements, FCA has some regulation which online brokers in the UK must follow. While ThinkMarkets offers the same Standard account and ThinkZero account with the same basic trading conditions to all clients, leverage and risk management varies. The ECN-like account type provides an institutional trading environment with ultra-tight spreads and low commission fees.
There are lots of forex websites that specialize in broker reviews and lots of talk about brokers in various forums, social media channels, and groups. While some information comes from a real trading experience ThinkMarkets Review of people that have used brokers’ services, some have a hidden agenda of promoting the broker. Promoting a forex broker is legitimate and normal practice, as long as it’s done in a transparent way.
Established back in 2010, ThinkMarkets is an award-winning broker with headquarters in London and Melbourne. ThinkMarkets are a multi-regulated broker with a customer support team available 24 hours throughout the trading week that are contactable by phone, live chat or email for clients worldwide.
It features a huge range of tools like additional timeframes and the most up to date technical indicators to give you all the trading resources you need to trade on and analyse the financial markets. Please check on the brokers website and make sure you are aware of and are happy with all the services and fees you may be charged. That said, please note that you can lose funds when trading in financial assets. Accounts can lose money due to either not putting enough effort into researching the markets, lack of experience or not using the tools provided by the brokerage platform. The first Think Markets account that you can sign up for is called the Standard Account.
MultiTerminal doesn’t support Automated Trading scripts like Expert Advisors. The ThinkMarkets advanced trading tools for https://broker-review.org/thinkmarkets/ MetaTrader 4 are aimed at improving the total trading experience and providing traders with a competitive advantage.
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.