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ThinkMarkets Forex Broker keeps up-to-date with the latest trading account information, including ThinkTrader, Standard, ThinkZero maximum leverage of 1:500, trading varieties, and more
Rating Index
Pros
Strong regulatory oversight from multiple authorities, ensuring a secure trading environment.
Wide range of trading instruments and platforms, catering to various trader preferences.
Competitive spreads and commission-free trading options for standard accounts.
Cons
Limited cryptocurrency selection compared to some competitors, which may not satisfy crypto-focused traders.
Reports of customer service issues and withdrawal delays, raising concerns about reliability.
High leverage options may increase risk, which could be unsuitable for inexperienced traders.
ThinkMarkets broker Accounts
ThinkTrader
Environment
B
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
$50
Minimum Spread
from 0.4
Depositing Method
(12+) Neteller Skrill VISA MASTER
Withdrawal Method
--
Minimum position
--
Commission
$0
Products
Forex, stocks, indices, commodities, crypto and ETFs
Standard
Environment
B
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
$250
Minimum Spread
From 0.4
Depositing Method
(12+) Skrill VISA MASTER Neteller
Withdrawal Method
--
Minimum position
--
Commission
$0
Products
Forex, commodities, indices, crypto, stocks, ETFs and futures
ThinkZero
Environment
B
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
$500
Minimum Spread
from 0.0
Depositing Method
(12+) Neteller Skrill VISA MASTER
Withdrawal Method
--
Minimum position
--
Commission
$3.5 per side
Products
Forex, commodities, indices, crypto, futures and stocks
ThinkMarkets Account Type
ThinkMarkets offers several types of trading accounts to cater to different trading needs:
- Standard Account:
- Minimum Deposit: $0
- Spreads: From 0.4 pips
- Commission: None
- Leverage: Up to 500:1
- Instruments: 350 (MT4) / 1,800 (MT5)
- Trading Platforms: MT4, MT5, ThinkTrader
- Think Zero Account:
- Minimum Deposit: $500
- Spreads: From 0.0 pips
- Commission: $3.5 per side (100,000 units)
- Leverage: Up to 500:1
- Instruments: 350 (MT4) / 1,800 (MT5)
- Trading Platforms: MT4, MT5
- Islamic Account:
- Designed for traders of religious faith, exempt from overnight interest adjustments.
- Available on both Standard and Think Zero accounts.
- Joint Account:
- Shared by two individuals, allowing both parties to deposit, withdraw, and trade.
- Corporate Account:
- Available for enterprises to manage trading activities.
- Demo Account:
- Free account to practice trading with virtual funds.
These accounts provide varying features, including different spreads, commissions, and leverage options, suitable for both novice and experienced traders.
ThinkMarkets Broker Account Opening Process
Opening an account with ThinkMarkets is straightforward and can be completed in a few simple steps:
- Visit the Website: Go to the ThinkMarkets homepage and click on the "Create Account" button.
- Select Account Type: Choose between a live account or a demo account.
- Fill Out Application: Provide personal information such as name, email, and phone number, and select your preferred trading platform.
- Verification: Upload required documents for identity verification (e.g., passport, proof of residence).
- Deposit Funds: Fund your account with a minimum deposit (if applicable) using various payment methods like bank transfer or credit card.
- Start Trading: Once your account is verified, you can begin trading on your chosen platform.
The entire process is designed to be user-friendly, allowing traders to quickly set up their accounts and start trading.
ThinkMarkets Similar Broker Accounts
Explore broker markets account types: forex/trading accounts with demo access.
ThinkMarkets accounts can be viewed for products that can be traded Forex, stocks, indices, commodities, crypto and ETFs accounts with a minimum deposit of $50 by (2+) (12+) Neteller Skrill VISA MASTER.