In some cases, these are 3-4 times more numerous than what is available on MetaTrader 4&5. What Sets ThinkMarkets Apart From Other Brokers?Īmong other things, ThinkMarkets has built a highly intuitive and customizable platform that offers hundreds of technical indicators and drawing tools. Its education content is highly insightful, though there is still room for improvement. The broker supports commission-free and swap-free trading while also offering generally low spreads. ThinkMarkets was awarded above-average marks in the Fees and Education categories.It has four top-tier licenses, ensuring the highest level of protection, and a feature-rich proprietary platform that accommodates in-depth technical analyses. The broker also performed very well in the Trust and Platform and Tools categories.It offers access to thousands of instruments from multiple asset classes, versatile account types, multiple payment methods, and 24/7 customer support.ThinkMarkets scored very highly in the Tradable Instruments, Account Types, Deposit and Withdrawal, and Customer Support categories.We evaluated ThinkMarkets across 9 categories (Trust and Stability, Fees, Tradable Instruments, Account Types, Deposit and Withdrawal, Research, Customer Support, Education, and Platform and Tools).Also, the educational materials only serve the needs of novice traders without delving deeper into more complex trading topics.Īs a whole, ThinkMarkets is a sophisticated and reliable broker that offers excellent trading conditions. There aren’t many drawbacks to speak of in ThinkMarkets’ service, though it is worth pointing out that its sophisticated proprietary platform is only available with a Standard account. It offers free VPS hosting, has a ‘best execution policy’, and much more. Moreover, ThinkMarkets has issued private indemnity insurance to protect its clients against its own credit risks (available for clients of UK entity). There are the two highly versatile account types – Standard and ThinkZero – and ThinkMarkets’ excellent proprietary platform, which has an impressive amount of technical indicators, drawing tools, and other unique features. Clients of the company can trade over 4000 instruments across multiple markets at highly competitive costs.Īfter reviewing ThinkMarkets’ services, we found that the broker offers multiple advantages to traders with different skill levels. It is regulated in multiple jurisdictions and is licensed by some of the most trusted financial regulatory bodies in the world, such as the FCA, CySEC, ASIC, and FSA Japan. ThinkMarkets is a well-rounded broker founded in 2010 and headquartered in Australia. The customer support test was conducted on 20 March 2023. We evaluated ThinkMarkets’ terms and conditions and the usability of its website and proprietary platform – the desktop and mobile app versions.ĭata was collected on 16 March 2023. Please note: This is a review of a Standard ThinkMarkets account opened with TF Global Markets Int Limited, one of the seven entities operated by the broker.
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