ThinkMarkets Review 2025 Expert Verdict With Info On Fees & Spreads

thinkmarkets broker review

Forex spreads can be as tight as 0.4 pips, while average spreads are 1.2 pips. When trading metals, pricing starts from 25 cents and CFDs 0.4 points. The ECN-like account type provides an institutional trading environment with ultra-tight spreads and low commission fees. As spreads are tight and commissions are low, the ThinkZero account is suitable for day trading, scalping and for traders using Expert Advisors. ThinkMarkets offers a generous range of more than 1000+ trading instruments from multiple markets such as forex, shares, commodities, cryptocurrencies, and indices.

ZuluTrade customers will be charged directly by ZuluTrade via credit card, PayPal, or other. On the whole, Zulutrade is an excellent social trading platform, particularly for beginners who are new to the trading space. All the trading platforms supported by ThinkMarkets are available as mobile and tablet downloads – allowing traders to keep track of their open positions while on the thinkmarkets broker review move. Please contact ThinkMarkets support for more information on this. Additionally, ThinkMarkets does not absorb the merchant fees charged by the various payment providers. ThinkMarkets global customers have access to over 3,500 CFD stocks, while clients in Australia can trade over 3,100 real shares.

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Trading fees follow Charles Schwab’s standard commission structure. ThinkMarkets features negative balance protection available for all their clients except Pro account holders. This broker has risk management tools that ensure that your account balance will never go below zero. This extra protection feature gives clients peace of mind and is free of charge. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets.

  • To view the current spreads of each of their cryptocurrencies, refer to their website.
  • Get a better understanding of how the markets work with our easy to ready “how-to” guides.
  • For withdrawals in a currency other than the base currency, the broker charges a fee of 3% of the withdrawal amount.
  • While forex spreads can be as low as 0.0 pips during times of market volatility, average spreads are 0.1 pips for many major currency pairs.
  • Traders who use ThinkMarkets as their broker of choice can select between 45+ forex pairs.
  • An SMS with the confirmation code will be sent to a mobile phone.
  • Users can track 8 charts simultaneously, create custom views, set up shortcuts for a smoother trading experience, and adjust settings across multiple charts in one click.

Best Brokers for Professional Traders

There’s absolutely no minimum time over which a transaction must be kept open. The agents provide premium client service which rewards clients with advantages. In the fast-paced universe of stock markets and online trading, you’ll need advice to make sensible decisions. A professional, direct investment partner could help you in minimising any potential losses and maximising any returns. It’s important to understand about any broker before you trust them with your cash.

ThinkMarkets’s Customer Service

Thinkorswim competes with the best trading platforms available for active and professional traders. With $0 commissions on many trades, Charles Schwab delivers a strong offering that’s tough to beat. Through the Signal Centre service, available to ThinkZero account users on the MT4 and MT5 platforms, traders can receive up to 40 trading signals daily. The signals are based on technical analysis conducted by a team of professionals and include a trading plan featuring entry levels, exit points, and stop-loss levels. Users can customize the reception of signals to match their trading style and risk appetite.

Trading platforms of Think Markets

At ThinkMarkets, non-trading fees are kept to a minimum to ensure that traders can manage their investments more efficiently without undue financial burden. The broker does not charge any fees for deposits, making it easier for traders to fund their accounts as needed. Most withdrawal methods are also free, though some options might incur a minimal charge depending on the payment service provider or the specific terms of the transaction. This fee structure is designed to be transparent and fair, aligning with industry standards while supporting the financial well-being of active traders.

On the other hand, newcomers might find ThinkMarkets’ standard account appealing because of its straightforward setup and no extra commission charges. ThinkMarkets has a team of professionals that provide the most recent market news, daily insights, and analysis. They provide in-depth technical and fundamental analysis for a variety of markets and trading instruments. This can be a good way to keep up to date with the latest market moves and to inspire trade ideas.

Commission and Spread Fees

thinkmarkets broker review

The broker has a good range of educational material suited towards traders of all experience levels. They can be accessed to help increase your trading knowledge and skills. The economic calendar is constantly updated so that you can track the latest economic news releases that affect the markets.

  • This ThinkMarkets review page contains information about investing with ThinkMarkets.
  • TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation.
  • MetaTrader 4 has established itself as the top forex and CFD trading platform, allowing traders to tailor their trading experience in order to get a technical advantage.
  • Additionally, they have a comprehensive FAQ section and email support available.
  • For beginners, there are free video tutorials and a trading glossary.

The broker keeps client funds in segregated accounts with top-tier banks such as Barclays to ensure that they are not used for any other purposes such as operating costs. Whilst most brokers in the industry use a standard approach to protect clients, they take that extra step to ensure client safety. This helps to give clients additional peace of mind that they are using a trusted and reputable broker. They offer commission-free trading on most instruments and maintain competitive spreads across different asset classes. However, it’s important to be aware of additional fees, such as overnight financing (swaps) and potential inactivity fees. However, non-trading fees charged by ThinkMarkets are relatively competitive.

This is from someone that has used many different companies for over 3 years. It was great experience as i did for the first time and what make it better “samuel ” he was very supportive decently and high professional… If you have experience trading with ThinkMarkets please share your personal review of the broker and what you think are strong and weak points.