Pros
- Trade Cryptocurrencies 24/7
- World-Class Client Fund Security
- 13 Major Cryptocurrencies to Trade
- £1m Insurance Protection
- Tight Spreads Even During Volatility
Cons
- No Search Function
- Does Not Accept US Clients
ThinkMarkets Broker Review
ThinkMarkets is a leading online provider of trading forex, CFDs, and spread betting. It provides its clients with exceptional security, cutting-edge technology, excellent pricing, and more. ThinkMarkets is overseen by a number of the most-trusted regulatory bodies in the industry, in addition to their going a cut above to ensure that their clients’ funds have total security.
Tradeable Assets
At ThinkMarkets there is a wide range of markets, including 38 of the most-widely traded forex pairs, commodities, metals, indices, and more.
Account Types
ThinkMarkets offers three different account types: standard account, pro account, and a VIP account. There is a free $10,000 demo account version so that you can try out trading without having to invest any real money. In addition to the regular accounts, there is also anv Islamic account option. With the Islamic account, traders can make use of the swap-free trading on overnight positions with the Sharia-compliant accounts.
Regulation
Traders at ThinkMarkets can trade with peace of mind thanks to the fact they are registered with the Australian Securities and Investments Commission (ASIC). In the UK, ThinkMarkets is authorised and regulated by the Financial Conduct Authority (FCA) of the UK. They are regularly audited, therefore continually maintaining high standards for providing peace of mind to their clients.
Platforms
ThinkMarkets tries to stay on top of the cutting edge technology by offering top-of-the-range platforms. All your trading needs are met with the Trade Inceptor and MetaTrader 4 platforms. There is a web-based version, downloadable software for Mac computers, and mobile applications. Both platforms have user-friendly layouts and run smoothly on computers, web browsers, and mobile devices.
ThinkMarkets Mobile Trading
You can download the MT4 Mobile platform onto your iPhone for trading while you are on the move. With the MT4 Mobile platform, you will have access to full trading functionally, as you would have on your desktop. On the mobile platform, you can view charts, review account history, contact the multilingual support, fast trade execution, and more. With regards to Android devices, you can download the MT4 app to manage positions, receive live-streaming quotes, review equity and balance, and more.
Deposit Options
There are various payment methods, including Credit and debit cards, PayPal, Bank wire, Skrill, and Neteller.
Deposits can be made in USD, AUD, GBP, EUR, and CHF.
Withdrawal Methods
Usually, the withdrawals are processed within 24 hours. Typically the funds are sent back to the source which you used for making the deposit.
Customer Support
If you have any issues or questions, you can contact the brokers dedicated support department. You can reach the support department by their UK or Australian numbers, via the live chat options, or by sending them an email. There is also an FAQ section.
Ease of Use
ThinkMarkets is perfect for both beginners and intermediate traders. There is a well-organized education portal, should you have any problem while using their platform.
Why Trade at ThinkMarkets
ThinkMarkets places the success of their clients at their foundation. They aim to bring you the best in technology and pricing. The spreads at ThinkMarkets are competitively priced, which makes it easy for traders to understand what they are spending and earning.
To see how ThinkMarkets ranks against other industry-leading trading platforms see our comparison charts. Read our expert reviews, see our ratings and compare the best online trading platforms, features, fees, and more.
Risk Warning: Users should be aware that all investment markets carry inherent risks, and past performance does not assure future results. Trading of any kind is a high-risk activity, and you could lose more than you initially deposited. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 73-89% of retail investor accounts lose money when trading CFDs. Please be sure you thoroughly understand the risks involved and do not invest money you cannot afford to lose. Your capital is at risk. Advertiser Disclosure: TopBrokers.Trade is an independent professional comparison site funded by referral fees. The compensation TopBrokers.Trade receives is derived from the companies and advertisements featured on the site. Due to this compensation, we can provide our users with a free comparison tool. Unfortunately we are unable to list every broker or exchange available, however, we do our best to review as many as possible.