ThinkMarkets

ThinkMarkets is an online forex and CFD broker established in 2010. The group operates through regulated entities in several jurisdictions, including the United Kingdom, Australia, Cyprus, South Africa, Seychelles, the Cayman Islands, Dubai, and New Zealand. ThinkMarkets also lists regulation in Mauritius, although the exact current FSC licence number should be confirmed before it is added to the HFR database. The legal entity serving a client depends on country of residence, so leverage limits, products and client protections are not identical worldwide.

Its main trading platforms are ThinkTrader, MetaTrader 4 and MetaTrader 5. ThinkTrader is ThinkMarkets' proprietary platform and can also connect to TradingView. The broker provides ThinkCopy for copy trading in supported regions. Depending on the platform and legal entity, clients can access forex, indices, metals, energy products, shares, ETFs, futures, cryptocurrencies and synthetic indices. ThinkTrader currently advertises access to as many as 4,000 instruments.

The main public account structures are Standard, ThinkTrader and ThinkZero. Standard and ThinkTrader use spread-based pricing without a separate commission. ThinkZero uses raw spreads from 0.0 pips and charges a separate commission on forex, gold and silver. For USD accounts, the published ThinkZero commission is $3.50 per side, equivalent to $7 per round-turn lot. Margin-call and stop-out levels are generally 100% and 50%, respectively. Maximum leverage varies considerably according to account, instrument, account equity, legal entity, and regulatory classification.

HighFxRebates offers ThinkMarkets cashback of up to 37.5 USD per eligible round-turn lot. Rebates are paid weekly and directly to your ThinkMarkets account. The cashback is separate from ThinkMarkets' own trading conditions and does not remove the risks associated with leveraged forex or CFD trading.

• Is ThinkMarkets regulated?
  Yes. ThinkMarkets operates through several regulated legal entities. These include entities supervised by regulators such as the FCA in the United Kingdom, ASIC in Australia, CySEC in Cyprus, the FSCA in South Africa, the FSA in Seychelles, the DFSA in Dubai, CIMA in the Cayman Islands, and the FMA in New Zealand. The entity that applies to a client depends on their country of residence.
• What trading platforms does ThinkMarkets offer?
  ThinkMarkets supports its proprietary ThinkTrader platform, MetaTrader 4, and MetaTrader 5. ThinkTrader accounts can also connect to TradingView. Platform availability may vary by entity and account type.
• What account types does ThinkMarkets offer?
  The main account types currently advertised are Standard, ThinkTrader, and ThinkZero. Their spreads, commissions, minimum deposits, available platforms, and leverage differ.
• What is the minimum deposit at ThinkMarkets?
  The minimum deposit depends on the account and region. ThinkMarkets currently publishes different minimum-deposit figures across some of its official pages, so clients should check the amount shown for their selected account and legal entity before funding.
• What spreads does ThinkMarkets offer?
  Spreads depend on the account, instrument, and market conditions. Standard and ThinkTrader accounts are advertised with spreads from 0.4 pips, while ThinkZero offers raw spreads from 0.0 pips and charges a separate commission on certain instruments.
• Does ThinkMarkets charge trading commissions?
  Commission depends on the account. Standard and ThinkTrader mainly use spread-based pricing. ThinkZero charges a separate commission on forex, gold and silver. For USD-denominated ThinkZero accounts, the published forex and metals commission is $3.50 per side, or $7 per round-turn lot.
• What is the maximum leverage at ThinkMarkets?
  Maximum leverage depends on the legal entity, account, instrument, client classification, and account equity. Standard and ThinkZero accounts may offer leverage up to 500:1 where permitted, while eligible ThinkTrader accounts can have higher dynamic leverage. Regulatory limits may be considerably lower in some jurisdictions.
• Does ThinkMarkets offer a demo account?
  Yes. ThinkMarkets provides demo accounts for supported trading platforms. Demo duration and availability can vary by platform, region and whether the client also has a live account.
• Does ThinkMarkets offer swap-free accounts?
  Yes, swap-free status may be available to eligible clients, subject to ThinkMarkets approval. Administration charges or product restrictions may apply after certain holding periods.
• Can I use Expert Advisors, scalping and hedging at ThinkMarkets?
  ThinkMarkets supports Expert Advisors on MetaTrader 4 and MetaTrader 5. Scalping and hedging are also permitted on supported accounts, subject to the broker's current trading conditions.
• Does ThinkMarkets offer copy trading?
  Yes. ThinkMarkets provides copy trading through ThinkCopy in supported regions. Availability can depend on the client's legal entity and country.
• What instruments can I trade with ThinkMarkets?
  Depending on the entity and platform, ThinkMarkets offers forex, metals, commodities, energies, indices, shares, ETFs, futures and cryptocurrency CFDs. Some products are restricted in certain jurisdictions.
• What deposit and withdrawal methods does ThinkMarkets support?
  Funding methods can include bank transfer, debit or credit cards, Skrill, Neteller, Apple Pay, Google Pay, cryptocurrencies and selected local payment methods. Availability, processing time, and minimum amounts vary by country and payment provider.
• Does ThinkMarkets provide negative balance protection?
  Negative balance protection is available under applicable ThinkMarkets entities and account conditions. The exact protection depends on the client's legal entity and regulatory classification.
• Does ThinkMarkets keep client funds in segregated accounts?
  ThinkMarkets states that client money is held separately from the company's operational funds under applicable regulatory requirements. Client-fund protections can differ between legal entities.