ThinkMarkets.com is a forex broker that offers CFDs on stocks, indices, commodities, bonds and cryptocurrencies in addition to currency pairs for trading. Learn more about CFDs here. TF Global Markets (UK) Limited is licenced by the ASIC and the FCA. The minimum deposit with the broker is set at $250.
ThinkMarkets Review – Broker overview
|Minimum deposit||250 USD|
|Platform||MT4, MT5, their own|
Special features and advantages
|Price alerts||Automatic Trading (EAs)||AutoChartist|
ThinkMarkets offers its clients a total of 3 trading platforms – MT4, MT5 and Trade Interceptor (own trading platform of ThinkMarkets). Both MT4 and MT5 platforms are very popular among traders and serve very well not only for opening and closing trades, but also for analyzing the markets. Both, MT4 and MT5 support automated trading systems (EAs). You can either trade with them directly from a web browser, or you can download the platforms to your computer or mobile device.
ThinkMarkets fees (spreads)
Just like any other CFD broker, ThinkMarkets charges a spread fee. For the current value of this fee, please visit the ThinkMarkets website. We have prepared a small comparison table here, where you can find the amount of ThinkMarkets spread fees on popular currency pairs compared to 2 other popular CFD brokers.
**the spread value was gathered from the broker’s trading platform 04/10/2019
ThinkMarkets – Review summary
ThinkMarkets must comply with the strict regulatory guidelines of the FCA. The broker has very low minimum spreads, but the average spreads are a bit higher (1.2 pips for forex pairs). The possibility to choose 3 different platform is for sure a nice addition.
- Relatively strict regulation
- Low minimum spreads
- More platforms to choose from
- Demo account
- Quite high minimum deposit
- Some translations into languages other than English might be difficult to understand