ThinkMarkets Review 2021

ThinkMarkets is a multi-regulated forex and CFD broker

ThinkMarkets is a multiple award-winning broker that offers traders Forex, CFDs, indices, stocks, commodities, cryptocurrency, spread betting (UK Only). With ThinkMarkets traders can use both the MetaTrader4 and MetaTrader5 platforms.

In terms of features offered to traders, ThinkMarkets has Demo Accounts, Islamic Accounts, Social Trading and Auto Trading but is missing Signals.

ThinkMarkets also gives traders access to 5 cryptocurrencies: BTC, ETH, XRP, BCH and LTC.

Careful traders will be pleased to know that ThinkMarkets is licensed to provide trading services by multiple regulatory bodies, 4 in fact, including the FCA.

ThinkMarkets Summary

ThinkMarkets is a multi-regulated forex and CFD broker

Ratings

90%
Trust
66%
Instruments
85%
Features
BonusNone
InstrumentsForex, CFDs, indices, stocks, commodities, cryptocurrency, spread betting (UK Only)
Demo Account
Min. Deposit$0
Min. Trade0.01 lots
Regulated ByFCA, ASIC, FSCA, FSA Seychelles
MetaTrader 4
MetaTrader 5
cTrader
DMA Account
ECN Account
Mobile Apps
Auto Trading Yes - EAs compatible
Trade Signals
Social Trading
Copy Trading
Islamic Account

CFD Trading

CFDs are available on multiple markets, including FX, indices, shares, commodities & cryptocurrency

Leverage1:500
FTSE Spread0.7
GBPUSD Spread1.2
Oil Spread3
Stocks SpreadFrom 0.4 points

Forex Trading

Trading available on 40 major, minor, and exotic currency pairs

GBPUSD Spread0.3 (ThinkZero) Variable.
EURUSD Spread0.0 (ThinkZero) Variable.
EURGBP Spread0.3 (ThinkZero) Variable.
Assets40

Cryptocurrency Trading

Trading on popular 15+ crypto coins, including Bitcoin, Ethereum & Dash. Leverage up to 1:10

SpreadBTC 25, ETH 6 (Variable)
CoinsBTC, ETH, XRP, BCH, LTC

Payment Methods

ThinkMarkets accepts the following payment methods:

  • Mastercard
  • POLi
  • BPAY
  • Credit Card
  • Visa
  • Skrill
  • Neteller
  • Wire Transfer

Awards

ThinkMarkets is a multiple award-winning broker, with 5 awards received so far.

  • Best CFD Provider 2021 - City of London Wealth Management Awards (COLWMA)
  • Best Value Broker in Asia at the 2020 - Global Forex Awards
  • Best Forex Trading Experience 2017 - UK Forex Awards
  • Best Forex Trading Innovation 2017 - UK Forex Awards
  • Best Customer Service 2013 - UK Forex Awards
71.89% of retail investor accounts lose money when trading CFDs with this provider.

FAQ

Is ThinkMarkets Safe?

Yes, we gave ThinkMarkets a high 90% trust score in our review and believe traders should be safe here. One of the main positives for ThinkMarkets is that they're regulated by our own Financial Conduct Authority (FCA) here in the UK.

Does ThinkMarkets Accept PayPal?

No, ThinkMarkets does not accept PayPal payments.

Is ThinkMarkets Halal?

Yes, ThinkMarkets does offer an Islamic trading account and should thus be Halal to trade with.

What trading platforms does ThinkMarkets support?

With ThinkMarkets you can trade on 2 different platforms: MetaTrader 4 and MetaTrader 5.

Is ThinkMarkets Regulated?

Yes, ThinkMarkets is regulated by 4 different regulators: FCA, ASIC, FSCA and FSA Seychelles. Most importantly, they're regulated by our own strong FCA here in the UK.

ThinkMarkets vs Other Brokers

If you want to compare ThinkMarkets with other brokers, use the detailed comparisons below.

ThinkMarkets vs
ThinkMarkets is a multi-regulated forex and CFD broker