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Thinkmarkets review, Forex Broker & Trading Markets, Legit or a Scam

thinkmarkets Logo
Score

4.3/5

Min Deposit

$10

Min Spread

0.6

Regulation

FSCA, FCA

Max Leverage

2000:1

Live chat, phone, WhatsApp, email
Positive Ratings
80%
Neutral Ratings
9%
Negative Ratings
7%

Introduction Thinkmarkets review

ThinkMarkets is a globally recognized trading platform. The platform is known to provide traders with multiple trades in forex, shares, commodities, crypto, and more. In This ThinkMarkets review, we are going to discuss the key aspects of the platform along with account types, trading instruments, and customer support.

thinkmarkets Review

ThinkMarkets Overview

ThinkMarkets is a decade-old established trading platform. The platform is known for its intuitive User interface and advanced tools. The platform provides helpful educational resources perfect for traders to learn and grow. The platform is known to offer access to multiple trades that help traders build their portfolios.

Broker ThinkMarkets
Website https://www.thinkmarkets.com/en/
Regulatory agency FSCA, FCA
Trading Platform Webtrader
Provision of Demo Account Yes
Minimum deposit Starting from $10
Customer Support 24/7(support@thinkmarkets.com)

 

Deposits and Withdrawals

Deposits and withdrawals are an important factors while trading. Thinkmarkets review ensures fast and secure deposits. The platform also offers withdrawal in less than 2-3 business days. The withdrawals depend on the type of payment method.

For these funding processes, you get multiple options like credit cards, debit cards, e-wallets, and bank transfers for payments.

Thinkmarkets review does not charge any additional depositing or withdrawal fees. The different account types have different minimum deposits for opening.

Account Types

The platform offers 4 types of accounts that meet the different needs of traders. These accounts are :

Mini Account

A Mini account comes forward as a perfect step while starting your trading journey. The mini-account holders get a leverage up to 1:2000. To open a mini-account you require a minimum deposit of $10. You can trade on the MT5 platform in multiple financial instruments.

ThinkTrader

ThinkTrader is a popular choice amongst the types of accounts on the platform. It allows its traders to use advanced tools and instruments without any commission. The minimum deposit on this account is $50. You also get access to advanced charting and ThinkAcademy for making better decisions.

Standard Account

With Standard Accounts you get to trade on popular MT4 and MT5 platforms. The standard account offers advanced tools like economic calendars, signal centers, and contract specifications to traders. $250 is the minimum deposit for a standard account. The account has a leverage of 1:500 and tight spreads. These improve the overall trading experience.

ThinkZero

Think Zero accounts will help you take your trading to the next level. You get the lowest of 0 spreads to trade. These accounts offer MT4 and MT5 platforms on which you can trade. You also get access to multiple financial instruments like indices, commodities, and crypto.

ThinkZero

Demo Accounts

Demo Account is one of the best features of ThinkMarkets. Demo accounts are a perfect way for novice traders to clarify their trading abilities. These accounts also help traders in enhancing their trading strategies. You get to learn to trade under real market conditions without any risks.

Security and Regulations

ThinkMarkets is a forex broekr platform taht has been knwon fr its security. The platform has been globally regulated by top financial authorities. This gives the platform an extra layer of protection that keeps your personal and financial data safe. It is regulated by FCA, FSA, FSCA, CySEC, DFSA, and more.

These regulatory bodies make the platform secure for a better trading experience.

Trading Instruments

The ThinkMarkets trading platform allows you to trade across 4000 trading instruments. This diverse range is perfect for traders of different trading skills. At ThinkMarkets, you can trade in various markets including forex, crypto, stocks, ETFs, commodities, and indices.

Customer Support

Responsive customer support is one of the most important features of a platform. ThinkMarkets provides 24/7 customer support to traders using multiple channels like live chats, emails (support@thinkmarkets.com), calls (+44 203 514 2374 (UK), +248 4373952 (SY)), and forms on the website. The support team is made up of knowledgeable people who can resolve your queries and issues.

ThinkMarkets has been a regulated platform for over a decade. It is regulated by financial authorities around the globe. This regulatory status makes the platform trustworthy and reliable. With multiple features and financial instruments, the platform has grown with secure processes that keep your trade seamless.

ThinkMarkets is a reliable trading platform that offers secure trades in different global markets. The platform is regulated and authorized by top authorities making it a prime choice. Also, you get responsive customer support that keeps an eye on your every issue.

Lastly, we can say that ThinkMarkets is a perfect trading platform for people to start their journey or build a portfolio into different trading instruments.

FAQs

What trading platforms does ThinkMarkets offer?

ThinkMarkets is a globally recognized trading platform.  It offers Meta Trader 4, Meta Trader 5, and ThinkTrader platforms for a smooth trading experience.

Is ThinkMarkets regulated?

Yes, the ThinkMarkets platform is regulated by multiple authorities including FCA, ASIC, and CySEC. These regulatory bodies ensure security on the platform.

What are the minimum deposit requirements?

The minimum deposit at ThinkMarkets varies from account to account. It starts from $10 for a Mini account to $500 for a ThinkZero account.

Does ThinkMarkets offer a demo account?

Yes, at ThinkMarkets you get an option for creating a demo account. These accounts are perfect for learning and discovering trading skills and practice in real-time markets, without losing real funds.

Are there any withdrawal fees?

There are no specified withdrawal fees applicable at ThinkMarkets. However, third parties or different payment methods can apply charges.

Can I trade cryptocurrencies with ThinkMarkets?

ThinkMarkets offers trading in the popular Cryptocurrencies.

What educational resources are available?

The platform offers various educational materials from eBooks to articles. you also get access to webinars, tutorials, and market analysis for a better understanding.

How can I contact ThinkMarkets’ customer support?

To connect with ThinkMarket customer support you can easily do that by using live chats, emails (support@thinkmarkets.com), and calls (+44 203 514 2374 (UK), +248 4373952 (SY)).

What types of accounts are available?

ThinkMarkets offers four different types of accounts including Mini, ThinkTrader, Standard, and ThinkZero.

Is ThinkMarkets a scam?

ThinkMarkets is a legitimate globally recognised broker. The platform is regulated by top authorities and is known for its transparent functioning.

Trusted Score

4.3/5

Trusted Score

4.1/5

Trusted Score

4.2/5

Trusted Score

4.5/5

Trusted Score

4.8/5