ThinkMarkets Review 2023 & Cashback
ThinkMarkets reviews by verified customers, cashback rebates, expert ratings, spreads & fees, leverage, demo accounts, downloads, trading platforms and more.
- Excellent proprietary trading platform (ThinkTrader).
- Competitive pricing on the Standard and ThinkZero accounts.
- Free deposits and withdrawals.
- Regulated by Australia’s ASIC, Cyprus CySEC, UK's FCA, South Africa FCSA, Japan FSA and Seychelles FSA.
We start our ThinkMarkets review with a quick analysis of the overall ratings of this Australian-based CFDs broker.
ThinkMarkets Overall rating
Rating | Weight | |
Real customer rating |
4.6 (28 reviews)
|
3 |
Popularity |
4.0
|
3 |
Regulation |
5.0
|
2 |
Pricing rating |
5.0
|
1 |
Features |
Not rated
|
1 |
Customer Support |
Not rated
|
1 |
ThinkMarkets pricing: the broker scores 4 out of 5 for its competitive spreads. The Standard account spreads start at 0.4 pip with no trading commissions. The ThinkZero account spreads, for most major FX pairs, start at 0 pip, with a $7 trading commission per round lot traded. The trading commission applies only to FX and Metals.
ThinkMarkets regulations: the broker scores an excellent 5 out of 5, with several entities regulated by tier-1 financial authorities.
ThinkMarkets popularity: very popular with the trading community, the broker scores 4 out 5, also thanks to the excellent trading education materials available on the broker’s website.
ThinkMarkets user rating: above average with several traders praising ThinkMarkets for its trading conditions and the deposit/withdrawal policies.
ThinkMarkets Regulation / Money Protection
Company | Licenses & Regulations | Segregated Client Money | Deposit Compensation Scheme | Negative Balance Protection | Rebates | Max. Leverage Retail Clients |
---|---|---|---|---|---|---|
TF Global Markets (Aust) Limited |
|
|
|
|
30 : 1 | |
TF Global Markets (Europe) Ltd |
|
|
|
|
30 : 1 | |
TF Global Markets (UK) Limited |
|
|
|
|
30 : 1 | |
TF Global Markets (Japan) Ltd |
|
|
|
|
25 : 1 | |
TF Global Markets (South Africa) (Pty) Ltd |
|
|
|
|
500 : 1 | |
TF Global Markets Int Limited |
|
|
|
|
500 : 1 | |
Think Capital Limited |
|
|
|
|
500 : 1 |
ThinkMarkets Australian regulation: TF Global Markets (Aust) Limited, is registered in Australia with ABN 69 158 361 561. The registered office is at Level 18, 357 Collins St, Melbourne VIC 3000 Australia. This entity is regulated by the ASIC with licence number 424 700.
ThinkMarkets UK regulation: TF Global Markets (UK) Limited is registered in England and Wales with company number 09042646. The registered office is at Hana, 4th Floor, 70 St Mary Axe, London EC3A 8BE, UK. This entity is authorised and regulated by the FCA with licence number 629628.
ThinkMarkets European regulation: TF Global Markets (Europe) Ltd is incorporated in Cyprus as a CIF company (Cyprus Investment Firm), with registration number HE321503. With a registered address at Office 301, 3rd Floor, Pamelva Court (at the corner of Griva Digheni 1 and Anastasi Shoukri 2, Streets), 3105 Limassol, Cyprus, this entity is regulated by the Cyprus Securities and Exchange Commission (CySEC) with licence number 215/13.
ThinkMarkets Japanese regulation: TF Global Markets (Japan) Limited, with registered address at 2 13 1 Akasaka, Minato ku, Tokyo 107 0052 Lucent Akasaka 3F, Japan, is licensed by the Japanese Financial Services Agency (JFSA), with licence number 0250.
ThinkMarkets South Africa regulation: TF Global Markets (South Africa) (Pty) Ltd is registered in South Africa with company number 2017/098181/07. The registered address is at 61 Katherine Street, Dennehof, Sandton, 2196, South Africa. This entity is authorized and regulated by FSCA with a financial services provider licence, number 49835.
ThinkMarkets international regulation: TF Global Markets Int Limited is the counterparty for international customers. This entity is registered at CT House, Office 9B, Providence, Mahe, Seychelles, and regulated the FSA under Firm Reference Number SD060.
Client Money Protection
ThinkMarkets complies with the highest safety standards regarding clients' funds, by offering segregated accounts. This means that ThinkMarkets client’s funds are fully segregated from the company's funds, in top-tier international banks.
Regulatory Deposit Insurance
TF Global Markets (UK) Limited offers a regulatory deposit insurance, provided by the UK’s Financial Services Compensation Scheme. The FSCS is an independent compensation fund of last resort for customers of authorised UK financial services firms. Clients of FCA regulated firms might be entitled to compensation up to the value of £85,000 per claim.
TF Global Markets (Europe) Ltd also offers a regulatory deposit insurance, provided by the Cyprus Investor Compensation Fund. The ICF is a compensation fund of last resort for customers of authorised CIF financial services firms. Retail clients of CySEC regulated firms might be entitled to compensation up to the value of €20,000 per claim.
Negative Balance Protection
Only TF Global Markets (Aust) Limited, TF Global Markets (Europe) Ltd, TF Global Markets (UK) Limited and TF Global Markets (South Africa) (Pty) Ltd have an NBP mechanism in place by default, protecting traders from any losses bigger than their original investments.
Professional Indemnity Insurance
ThinkMarkets has purchased a private $1 million insurance, with Lloyd's of London, protecting retail clients' funds for up to $1 million, in the unlikely event of insolvency. This insurance policy is an innovative product providing greater protection to customers and compensation rights. This policy individually covers retail deposits, and funds, up to 1,000,000 USD, as standard.
ThinkMarkets Cashback rebates
Standard | ThinkZero | Standard ThinkTrader | |
Forex | $4.25 Per Lot | $1.50 Per Lot | $3.32 Per Lot |
Oil / Energies | Up to $1.943 Per Contract | ||
Metals | XAUUSD $4.85 Per Lot XAUUSDmini $0.485 Per Lot XAGUSD $27.32 Per Lot XAGUSDmini $2.732 Per Lot | Gold $0.50 Per Lot; Silver $2.50 Per Lot | XAUUSD $4.85 Per Lot XAUUSDmini $0.485 Per Lot XAGUSD $27.32 Per Lot XAGUSDmini $2.732 Per Lot |
Indices | Up to $1.943 Per Contract | ||
Cryptocurrencies | Up to $5.34 Per Lot Per Contract | Up to $4.40 Per Lot Per Contract | Up to $5.34 Per Lot Per Contract |
Payment Options |
Monthly Cash Back - Real Time Reports
|
Standard | |
Forex | $4.25 Per Lot |
Oil / Energies | Up to $1.943 Per Contract |
Metals |
XAUUSD $4.85 Per Lot XAUUSDmini $0.485 Per Lot XAGUSD $27.32 Per Lot XAGUSDmini $2.732 Per Lot |
Indices | Up to $1.943 Per Contract |
Cryptocurrencies | Up to $5.34 Per Lot Per Contract |
Payment Options |
Monthly Cash Back - Real Time Reports
|
ThinkZero | |
Forex | $1.50 Per Lot |
Oil / Energies | Up to $1.943 Per Contract |
Metals | Gold $0.50 Per Lot; Silver $2.50 Per Lot |
Indices | Up to $1.943 Per Contract |
Cryptocurrencies | Up to $4.40 Per Lot Per Contract |
Payment Options |
Monthly Cash Back - Real Time Reports
|
Standard ThinkTrader | |
Forex | $3.32 Per Lot |
Oil / Energies | Up to $1.943 Per Contract |
Metals |
XAUUSD $4.85 Per Lot XAUUSDmini $0.485 Per Lot XAGUSD $27.32 Per Lot XAGUSDmini $2.732 Per Lot |
Indices | Up to $1.943 Per Contract |
Cryptocurrencies | Up to $5.34 Per Lot Per Contract |
Payment Options |
Monthly Cash Back - Real Time Reports
|
Notes
ThinkMarkets is no longer allowing Australian residents to open accounts via our website.
What are ThinkMarkets rebates?
Many traders initially believe there must be higher costs elsewhere to compensate, however they soon find there is no catch and Forex rebates truly reduce the costs of the transaction and improve their bottom line.
How do ThinkMarkets rebates work?
When you link a new or existing forex trading account to us the broker pays us part of their spread or commission profit for every trade you make as compensation for referring a customer to them. We then share the majority of our revenue with you, paying you a cash rebate for each trade you make as thank you for signing up with us.Unlike some of our competitors your spreads will never increase as a result of using our service! The only difference is: as our client you earn extra cash per trade, making trading through us more profitable than opening direct with the broker. Founded in 2007, we are the original and leading provider of forex rebates. We pay rebates to over 100,000 accounts and traders love our helpful 24 hour live chat, telephone and email support.
How much ThinkMarkets rebates can I earn?
Are ThinkMarkets rebates a scam; do my spreads increase?
When working with a trustworthy rebate provider, there is no ‘catch’. It is more beneficial to a trader’s financial position to work with a rebate provider than solely with the forex broker.
Are there any other benefits to signing up for ThinkMarkets rebates?
How are forex rebates paid?
Because we deal with so many traders in so many different countries and serve 23 languages we have to cover a wide array of options. Here’s what we offer:
Forex rebate options vary per broker:
Monthly cash back | Payments are credited and sent automatically by the 12 of the month following the month rebates are earned in. |
Spread or commission reduction | The trader actually receives reduced commissions and/or spreads. This is an exciting option offered by some of our top brokers. |
Paid direct to brokerage account | Cashback is credited directly to the trader’s brokerage account, typically between 1-7 days after the trade is closed. This is another exciting options offered by some of our top brokers. |
In the case of the ‘Monthly cash back’ rebate option, monthly payments can be paid via bank wire, Paypal, Skrill, Sticpay, China Unionpay, and Neteller. Some payment methods such as bank wire carries fees and often traders set a custom minimum payment amount in order to accumulate rebates and withdraw their rebates less often than monthly.
ThinkMarkets Web traffic
Websites |
welcome-partners.thinkmarkets.com
thinkmarkets.com
|
Organic monthly visits | 297,689 (99%) |
Organic traffic rank | 74 out of 1759 (Forex Brokers) |
Paid monthly visits | 3,594 (1%) |
Total monthly visits | 301,283 |
Bounce rate | 61% |
Pages per visit | 2.45 |
Average visit duration | 00:01:30 |
ThinkMarkets Profile
Company Name | TF GLOBAL MARKETS (AUST) PTY LTD / TF Global Markets (UK) Ltd / Global Markets (Europe) Ltd / TF Global Markets (South Africa) (Pty) Ltd/ TF Global Markets (Japan) Limited / Think Capital Int Limited/ |
Categories | Forex Brokers, Cryptocurrency Brokers, Forex Rebates, Cryptocurrency Rebates |
Primary Category | Forex Brokers |
Year Founded | 2010 |
Headquarters | Australia, United Kingdom, South Africa |
Office Locations | Australia, Cyprus, Japan, United Kingdom, South Africa |
Account Currency | AUD, CAD, CHF, EUR, GBP, JPY, NZD, SGD, USD, ZAR |
Client funds bank | Barclays Bank, Commonwealth Bank of Australia |
Support Languages | Arabic, Chinese, English, German, Greek, Indonesian, Italian, Japanese, Malay, Polish, Portuguese, Spanish, Thai, Vietnamese, Czech |
Funding Methods | Bank Wire, China Union Pay, Credit/Debit Card, Neteller, PayPal, Perfect Money, Skrill, Crypto wallets, Nuvei, CardPay |
Financial Instruments | Futures, Forex, Shares, Indices, Oil/Energies, Cryptocurrencies, Metals, Spread Betting, ETFs, Soft Commodities (coffee, sugar...) |
Established in 2010, the ThinkMarkets broker (formerly ThinkForex) is a premium multi-asset online brokerage with headquarters in Melbourne, London and Johannesburg. The broker also has offices in Cyprus and Japan.
ThinkMarkets provides easy access to a wide range of markets, including FX, equities, cryptocurrencies, commodities, indices, futures and more. Trading with ThinkMarkets can be done through the MetaTrader4, the next-gen MetaTrader 5 and the robust, in-house developed platform, the ThinkTrader. All the three trading platforms have web-based, desktop, tablet and mobile versions, for trading on the go.
ThinkMarkets Asset classes
ThinkMarkets proposes an excellent range of 3,500+ CFDs, providing traders with access to multi-asset trading. All ThinkMarkets’ trading platforms are available for desktop and mobile versions.
Currencies: 46 pairs, including Minor and Exotic crosses.
Cryptocurrencies: 27 CFDs, including Bitcoin, Ripple and Litecoin. Please note that crypto CFDs are not offered to retail clients in the UK, as per FCA regulations, and are subject to jurisdictions.
Commodities: 11 CFDs, including 8 metals and 3 energies (UK Oil, US Oil and Nat Gas) and also 11 futures contracts of energies and soft commodities, such as Cotton and Cocoa.
Indices: 17 CFDs, including UK 100, GER 30 and AUS 200, plus, 6 additional AUD denominated CFD indices.
Stocks: 3,500+ stocks CFDs from global top companies and banks, such as Amazon, Goldman Sachs, Alibaba and Facebook.
Futures: 11 futures contracts of energies and commodities, such as Cotton and Cocoa.
ETFs: 350+ funds, including iShares, Vanguard, SPDR and more.
ThinkMarkets Account types
Standard | ThinkZero | Standard ThinkTrader | |
Commission | - | $3.50 Per Side Per 100K USD Traded | - |
Maximum leverage | 25:1 JFSA; 30:1 CySEC, FCA, ASIC; 500:1 Others | ||
Mobile Platform | MT4 Mobile, MT5 Mobile, Proprietary | MT4 Mobile, MT5 Mobile | Proprietary |
Trading Platform | MT4, MT5, Proprietary | MT4, MT5 | Proprietary |
Spread Type | Variable Spread | ||
Minimum Deposit | 0 | 500 | 0 |
Minimum Trade Size | 0.01 | ||
Trailing Stops | |||
Scalping Allowed | |||
Hedging Allowed | |||
Islamic Accounts |
Standard | |
Maximum leverage | 25:1 JFSA; 30:1 CySEC, FCA, ASIC; 500:1 Others |
Typical Spread | 0.8 |
Trading platform | MT4MT5Proprietary |
Mobile platform | MT4 MobileMT5 MobileProprietary |
Spread type | Variable Spread |
Minimum deposit | 0 |
Minimum Trade Size | 0.01 |
Trailing Stops | |
Scalping Allowed | |
Hedging Allowed | |
Islamic Accounts |
|
ThinkZero | |
Commission | $3.50 Per Side Per 100K USD Traded |
Maximum leverage | 25:1 JFSA; 30:1 CySEC, FCA, ASIC; 500:1 Others |
Typical Spread | 0.0 |
Trading platform | MT4MT5 |
Mobile platform | MT4 MobileMT5 Mobile |
Spread type | Variable Spread |
Minimum deposit | 500 |
Minimum Trade Size | 0.01 |
Trailing Stops | |
Scalping Allowed | |
Hedging Allowed | |
Islamic Accounts |
|
Standard ThinkTrader | |
Maximum leverage | 25:1 JFSA; 30:1 CySEC, FCA, ASIC; 500:1 Others |
Trading platform | Proprietary |
Mobile platform | Proprietary |
Spread type | Variable Spread |
Minimum deposit | 0 |
Minimum Trade Size | 0.01 |
Trailing Stops | |
Scalping Allowed | |
Hedging Allowed | |
Islamic Accounts |
|
ThinkMarkets offers two trading accounts: Standard, with variable spreads and no commissions. ThinkZero, also with variable spreads and a $7 commission per round lot (only FX pairs and Metals). Within ThinkMarkets range of accounts traders can also find:
Swap-free accounts for traders of Islamic belief are available.
Social trading, including copy trading, is available through ZuluTrade for all group entities and via Myfxbook Autotrade for Think Capital Limited (BM) customers only.
PAMM accounts and MAM accounts (Multi-Account Manager) are available for money managers.
ThinkMarkets leverage ratios are 30:1 for accounts opened with the UK, European and Australian entities, up to 25:1 with the Japanese entity, and up to 500:1 for accounts opened with the other group entities.
ThinkMarkets Demo account
ThinkMarkets demo account gives users the chance to test the broker's pricing and execution on several asset classes, without risking any real money.
The ThinkMarkets demo account is non-expiring
Virtual funds up to $25,000
Leverage up to 500:1
Register for free and test your trading strategies, open a ThinkMarkets demo trading account with no risk and no obligation now.
ThinkMarkets Pricing
Account/Pricing | Standard | ThinkZero |
---|---|---|
EUR/USD Spread | from 0.4 pip | from 0.0 pip |
EUR/USD Commission (1 lot) | $0 | $7 |
EUR/USD Swap rate (25-02-2022) |
|
Spreads and trading commissions
We use the EUR/USD pair as the benchmark for our pricing comparison, as it is the most traded FX pair.
ThinkMarkets Standard account spread starts at 0.4 pip, with an average of 1.0 pip. The Standard account is commission-free and the ideal solution for investors looking to trade with only the bid/ask prices.
The ThinkZero account spread starts at 0.0 pip, with an average of 0.4 pip. The ThinkZero account has trading commissions, of $3.5 per lot, per side ($7 per round lot).
Rollover rates
ThinkMarkets swap rates, as of 25-02-2022, for 1 lot EUR/USD (100,000 units) are -5.26 for holding a long 1 lot position overnight and +0.03 for holding a short 1 lot position.
The 3-day swap rate is charged on Wednesdays at midnight server time.
ThinkMarkets Deposits / Withdrawals
ThinkMarkets proposes two distinct trading accounts, Standard and ThinkZero, in several base currencies. The broker also provides multiple funding methods, including the most popular e-wallets:
Account currencies: AUD, CAD, CHF, EUR, GBP, JPY, SGD, USD and ZAR – subject to the selected ThinkMarkets entity.
Standard account minimum deposit: 0 USD.
ThinkZero account minimum deposit: 500 USD.
Funding methods: Bank wire, China Union Pay, Credit/Debit cards, Neteller, Skrill, PayPal, Nuvei, CardPay.
Deposit fees: ThinkMarkets does not charge fees for deposits.
Deposit processing times: from instant to 10 minutes (bank wires up to 5 working days).
Withdrawal fees: ThinkMarkets does not charge fees for withdrawals, except for bank wires (25 USD).
Withdrawal processing times: variable, from 1 to 5 days (bank wires up to 5 working days).
Inactivity fee: ThinkMarkets reserves the right to charge an inactivity fee.
For more information, please visit the ThinkMarkets deposit and withdrawals web page, or log in to your ThinkPortal.
ThinkMarkets Popularity
ThinkMarkets is a popular broker with the retail trading community, for its many features:
Client safety mechanisms: segregated funds, negative balance protection and regulatory deposit insurance (subject to jurisdiction).
Competitive pricing: spreads from 0 pip on the ThinkZero account, average trading commissions of $7 per traded lot, no fees on deposits/withdrawals.
Execution model: ECN/STP.
Trading education: forex trading courses, YouTube channel with educational videos, market analysis, weekly webinars, trading guides.
Customer support languages: Arabic, Chinese, Czech, English, German, Greek, Indonesian, Italian, Japanese, Malay, Polish, Portuguese, Spanish, Thai, Vietnamese.
Overall, the excellent range of trading instruments available for trading, the competitive pricing of the ThinkZero account, the fast execution times, merged with the attractive zero-fees on deposits and withdrawals policy, position ThinkMarkets on the top 10 brokers for popularity with traders opening a trading account in 2023.
ThinkMarkets Promotions
ThinkMarkets FAQs
- Is ThinkMarkets a regulated retail forex broker?
- What is ThinkMarkets minimum deposit?
- What is ThinkMarkets maximum forex leverage?
- Can I earn rebates with ThinkMarkets?
- What funding methods are accepted by ThinkMarkets?
- What account currencies are available with ThinkMarkets?
- What trading platforms are available with ThinkMarkets?
- Does ThinkMarkets offer web-based versions of MT4, MT5 & ThinkTrader?
- Does ThinkMarkets offer Cent accounts?
- Does ThinkMarkets have negative balance protection?
- Does ThinkMarkets have regulatory deposit insurance?
- Does ThinkMarkets have swap-free accounts for traders of Islamic belief?
- Does ThinkMarkets accept applications from residents in Japan?
- Does ThinkMarkets accept applications from residents in Canada?
- Does ThinkMarkets allow scalping trading?
- What is the ThinkMarkets execution model?
- Does ThinkMarkets have mobile trading platforms?
- Does ThinkMarkets have a trading API?
- Does ThinkMarkets pay interest on margin?
- What type of spreads are ThinkMarkets spreads?
Is ThinkMarkets a regulated retail forex broker?
Yes, ThinkMarkets is a regulated forex broker. The broker is regulated by Australia’s ASIC, the UK’s FCA, South Africa’s FSCA, Cyprus CySEC, Japan's FSA and the Seychelles FSA.
What is ThinkMarkets minimum deposit?
ThinkMarkets minimum deposit for the Standard account is 0. The ThinkZero account is 500 USD or equivalent on the other accepted account currencies.
What is ThinkMarkets maximum forex leverage?
ThinkMarkets maximum forex leverage ratio for accounts opened with ASIC, CySEC and FCA regulated entities is 30:1. For accounts opened with the JFSA regulated entity is 25:1, and for accounts opened with the ZA FSCA and SC FSA regulated entities is 500:1.
Can I earn rebates with ThinkMarkets?
Yes, traders can earn rebates from trading with ThinkMarkets. Please check the cashback rebates section.
What funding methods are accepted by ThinkMarkets?
ThinkMarkets accepts account deposits with bank wire, credit & debit cards, China Union Pay, Neteller, PayPal, Nuvei, CardPay, Skrill, and more depending on the client’s country of residence.
What account currencies are available with ThinkMarkets?
Traders can open a trading account in AUD, CAD, CHF, EUR, GBP, JPY, SGD, USD and ZAR – subject to the selected ThinkMarkets entity.
What trading platforms are available with ThinkMarkets?
Investors can trade the markets via MT4, MT5 and ThinkMarkets proprietary platform, the ThinkTrader.
Does ThinkMarkets offer web-based versions of MT4, MT5 & ThinkTrader?
Yes, MT4 and MT5 have their own web terminals. ThinkTrader has also a web-based version, the ThinkTrader Web.
Does ThinkMarkets offer Cent accounts?
No, ThinkMarkets does not have Cent accounts.
Does ThinkMarkets have negative balance protection?
Yes, ThinkMarkets has negative balance protection for traders opening an account with the ASIC, CySEC, UK FCA and South Africa’s FSCA regulated entities. Accounts opened with the Japan FSA and Seychelles FSA regulated entities are not covered.
Does ThinkMarkets have regulatory deposit insurance?
Yes, ThinkMarkets has regulatory deposit insurance for traders opening an account with the UK’s FCA regulated entity. Retail traders’ deposits are covered up to £85,000 per claim. There's also a regulatory deposit insurance for traders opening an account with the Cyprus CySEC regulated entity. Retail clients’ deposits are covered up to €20,000 per claim.
Does ThinkMarkets have swap-free accounts for traders of Islamic belief?
Yes, ThinkMarkets has swap-free accounts for a trader of the Islamic religion. Terms and conditions apply.
Does ThinkMarkets accept applications from residents in Japan?
Yes, ThinkMarkets accepts applications from residents in Japan.
Does ThinkMarkets accept applications from residents in Canada?
No, ThinkMarkets does not accept applications from residents in Canada.
Does ThinkMarkets allow scalping trading?
Yes, ThinkMarkets allow scalping trading. And with its reliable Equinix data servers and fast execution speeds, it's one of our recommended brokers for scalping.
What is the ThinkMarkets execution model?
ThinkMarkets execution model is ECN and STP (Straight-Trough-Processing).
Does ThinkMarkets have mobile trading platforms?
Yes, ThinkMarkets has the MT4, MT5 and ThinkTrader platforms available for mobile devices running on iOS and Android.
Does ThinkMarkets have a trading API?
Yes, ThinkMarkets has a trading API.
Does ThinkMarkets pay interest on margin?
No, ThinkMarkets does not pay any interest on margin.
What type of spreads are ThinkMarkets spreads?
ThinkMarkets spreads are variable only – no fixed spread accounts are offered.
ThinkMarkets Real customer rating
ThinkMarkets reviews by verified customers, cashback rebates, expert ratings, spreads & fees, leverage, demo accounts, downloads, trading platforms and more.
Please make sure your comments are relevant and that they do not promote anything. Irrelevant comments, including inappropriate or promotional links, and comments containing abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any kind, will be deleted.
ThinkMarkets verified customers, with a live trading account, recommend the broker for its fast execution speeds, and low spreads, especially for indices, with a highlight on the DAX and Dow. Traders were also very pleased with ThinkMarkets wide range of assets to trade, the efficient customer support team, and the fast withdrawal times (traders in Australia pointed out the same day).
Negatively, some ThinkMarkets users pointed out the broker's higher overnight swap rates and excessive slippage occurring from time to time.
Source: ThinkMarkets Review 2023 - Verified Customer Reviews (fxverify.com)
Review sources
With an industry presence spanning more than 10 years, we are a leading IB broker of forex and CFDs trading accounts to virtually all of the world's top brokers. One of our primary missions is also to help the trading community make informed decisions, by publishing accurate and unbiased content, supported mainly by primary sources.
These sources may include government data, the information supplied by the broker and data available on the broker's corporate website(s), the analysis and reviews of our in-house industry experts, and the feedback provided by the broker’s verified traders with a live account. The information on this ThinkMarkets review page was also sourced from:
Australia Securities and Investments Commission website, TF Global Markets (Aust) Limited, company details page.
Cyprus Securities and Exchange Commission website, TF Global Markets (Europe) Ltd, company details page.
Japan Financial Services Agency website, TF Global Markets (Japan) Limited, company details page.
United Kingdom Financial Conduct Authority website, TF Global Markets (UK) Limited, company details page.
South Africa Financial Sector Conduct Authority website, TF Global Markets (South Africa) (Pty) Ltd, company details page.
Seychelles Financial Services Authority website, TF Global Markets Int Limited, company details page.
ThinkMarkets global website, Trading Accounts, trading accounts comparison page.
ThinkMarkets global website, Contracts Specs, financial instruments specifications page.
ThinkMarkets global website, Help Centre, frequently asked questions page.
FXverify website, ThinkMarkets user reviews by verified traders with a live account, reviews page.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Check the ThinkMarkets website, for the percentage (%) of retail investor accounts which lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.