ThinkMarkets

Written by How we review

ThinkMarkets is a well-regarded forex and CFD broker offering broad market access via MetaTrader and its proprietary ThinkTrader platform. It provides research, education, and risk management tools to support analysis and platform use.
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Key facts

#20
Trust rank
2010
Founded
6
Licences
199
Countries accepted
HeadquartersAustralia
Broker typeECN, STP
RegulationASIC; CySEC; FCA; FSCA
PlatformsMT4, MT5, Proprietary
InstrumentsCommodities, Cryptocurrencies, Forex, Indices, Metals
Fee levellow

Updated

Pros

  • • FCA & ASIC regulation
  • • MT4/MT5 and ThinkTrader platforms
  • • Raw-spread ThinkZero; commission-free Standard
  • • Negative balance protection; segregated funds
  • • Hedging, scalping, EAs allowed; high leverage options

    • Cons

  • • - Offshore entity for many clients with weaker investor protections
  • • - No guaranteed stop-loss orders (GSLO)
  • • - Not available to U.S. residents
  • • - No cTrader platform support
  • • - CFDs only (no physical shares/ETFs)

    • Key Features

  • • Multi Asset CFD Trading Forex Indices Commodities Shares
  • • MT4 MT5 and ThinkTrader Platforms
  • • Multi Jurisdiction Regulation ASIC FCA FSCA FSA and Segregated Client Funds
  • • Negative Balance Protection
  • • Standard and ThinkZero Raw Spread Accounts
  • • VPS Hosting and Algorithmic EA Support

    • Similar Brokers

    Where This Broker Ranks

    ThinkMarkets is not in the top 10 for any country or territory we rank yet. Each list shows the ten highest-rated brokers that accept clients there. How we rate brokers · All rankings by country

    How we review: We rate brokers on regulation, safety of client funds, trading costs, platforms and tools, execution, and reputation, using independent research and hands-on platform testing where possible. Partners cannot buy higher scores. This content is informational only, not investment advice.

    See our Methodology and Risk Disclosure for full details.

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    We will review issues related to the information shown on BrokerCatalogue (fees, features, data, wording). For account, deposit, or withdrawal problems, please contact the broker directly. We cannot access your funds or fix platform-side issues.

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    Frequently Asked Questions

    ThinkMarkets operates under multiple licenses via regional entities. Client money is held in segregated bank accounts, separate from the firm's capital. Retail protections, such as negative balance protection, apply in some locations under local rules. The broker applies encryption, secure authentication, and internal risk controls. You should confirm which entity will serve you and review its terms, disclosure documents, and compensation or dispute arrangements available in your country before funding an account.

    You can choose between spread-only and commission-based accounts, with different pricing and margin settings by region. Trading is available on the broker's own platform and on well-known third‐party platforms for desktop, web, and mobile. You get advanced charting, multiple order types, and support for automated strategies, subject to platform and region. A demo account lets you practice with virtual funds. Features and product lists can differ by country, so check the local site for what is available to you.

    Pricing includes spreads, commissions for certain accounts, overnight financing on leveraged positions, and fees for currency conversion or inactivity in some cases. Deposit and withdrawal processing is usually free on the broker's side for many methods, but third‐party charges can apply. Costs vary by instrument, account type, platform, and region. Review rate cards, product disclosures, and swap tables for your entity before trading. Actual costs also depend on your order size, holding time, and market conditions at the time you place or hold a trade.

    You can fund and withdraw via bank transfer, payment cards, and select e‐wallets, depending on your country. Processing times and fees vary by method and region. The account name should match your trading account, and identity verification may be required. Some methods support only deposits or only withdrawals. Base currencies and internal transfers between accounts may be available. The broker processes requests during business hours, and compliance checks can extend timelines. Check your client portal for supported methods, cut‐off times, and any limits that apply to your profile.

    The broker offers forex pairs and contracts for difference on indices, commodities, metals, shares, and digital assets, subject to local rules. Orders use market execution, so fills can include positive or negative slippage and partial fills in fast or thin markets. You can place market, limit, stop, and trailing orders, and add stop loss and take profit. Margin and leverage depend on your entity and instrument. Trading hours, rollover practices, and holiday schedules vary. Review product disclosures for risks such as gaps and overnight financing.

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