FXBrokerTrust
ThinkMarkets

ThinkMarkets

CompliantChinese Support
Company Name
ThinkMarkets
Headquarters
Australia
Founded
Founded in 2010
  • FCA
  • ASIC
  • FSA
  • VFSC
Overall Score
8.2/10
Min Deposit
$0
Max Leverage
1:500
EUR/USD Spread
0.4 pips
Trading Platform
MT4, MT5, ThinkTrader
Withdrawal Speed
1-2 business days

Overview

ThinkMarkets is an Australian-based forex and CFD broker founded in 2010. Regulated by FCA and ASIC, ThinkMarkets is recognized for its proprietary ThinkTrader platform, competitive spreads from 0.4 pips, zero minimum deposit requirement, and STP/ECN execution with negative balance protection.

Basic Information

Company Name
ThinkMarkets
Founded
Headquarters
Australia
Official Website
https://www.thinkmarkets.com
Instruments
Forex, CFD, Indices, Commodities, Cryptocurrencies, Shares
Account Types
Standard, Zero
Chinese Support
Yes

Regulation

Regulatory licenses and compliance status of this broker

  • GB
    FCAVerified

    Financial Conduct Authority · License NumberFRN 684628

  • AU
    ASICVerified

    Australian Securities and Investments Commission · License NumberAFSL 424122

  • SC
    FSAOffshore

    Financial Services Agency · License NumberSD037

  • VU
    VFSCOffshore

    VFSC · License Number40234

Trading Conditions

Trading Conditions

Max Leverage
1:500
Min Deposit
$0
EUR/USD Spread
0.4
Trading Platforms
MT4, MT5, ThinkTrader
Instruments
Forex, CFD, Indices, Commodities, Cryptocurrencies, Shares
Account Types
Standard, Zero

Deposits & Withdrawals

Deposit Methods
  • Bank Transfer
  • Credit/Debit Card
  • Skrill
  • Neteller
Deposit SpeedInstant
Deposit FeeFree
Withdrawal Methods
  • Bank Transfer
  • Credit/Debit Card
  • Skrill
Withdrawal Speed1-2 business days
Withdrawal FeeFree

Scoring Details

Regulatory QualificationWeight 30%
8.3
Trading EnvironmentWeight 20%
8.3
Fund SafetyWeight 15%
8.3
User ReputationWeight 15%
8.2
Platform FeaturesWeight 10%
8
Customer ServiceWeight 10%
8

Pros & Cons

Pros

  • Proprietary ThinkTrader platform with advanced features
  • No minimum deposit requirement
  • Negative balance protection included
  • FCA and ASIC dual regulation
  • High leverage up to 1:500 available

Cons

  • Zero account commission higher than some competitors
  • Limited research and analysis tools
  • Product range narrower than some brokers
  • Customer support not available 24/7
  • ThinkTrader platform has a learning curve