A multi-regulated broker that offers trading in both FX and CFDs is Think Markets. Users can choose between the broker’s Think Trader platform, MT4 and MT5, and these options. This, combined with the Think Markets group’s minimal trading fees and more than 3500 instruments, makes it an attractive option.
The login procedure, client portal features, and other topics will be covered in our study.
Trading Platforms
The broker’s Think Trader, MetaTrader 4 (MT4), and MetaTrader 5 forex apps are available (MT5).
Think Trader
The broker’s exclusive Think Trader interface is user-friendly and efficient. More than 125 indicators, 50 drawing tools, and 20 different chart types are available to users. Additionally, clients gain access to around 200 cost-free cloud-based notifications. Additionally, many older kinds, standard risk management tools, and direct chart trading are available.
MetaTrader 4
You can download the MT4 platform for free to your PC. The platform promises one-click trading, over 100 indicators, and quick transaction execution. Several excellent apps and other features, such as free access to Trading Central, a VPS, and FirePro, are also included with the MT4 system.
Meta Trader 5
The most recent version of the well-known MT4 software is the MT5 platform. The fact that it offers more advanced trading tools and analysis functions appeals to experienced traders. Users can access new technical periods and indicators, an improved EA strategy tester, a built-in economic calendar, and more.
Platform Alternatives
MT4: MT4 Web, MT4 Desktop download for Windows and Mac, MT4 Mobile (Android, iOS, iPad).MT5: MT5 Web, MT5 Desktop download for Windows, MT5 Mobile (Android, iOS, iPad).
Think Trader: desktop, tablet, mobile, and web.
Trading with Think Markets has several benefits:
- Small market spreads starting at 0.0 pips; no minimum initial deposit required for Standard accounts;
- Governed in countries where Forex brokers’ operations are tightly regulated;
- A social trading platform is accessible for replicating successful traders’ deals.
Think Markets’ disadvantages
- The absence of cent accounts.
- There aren’t any bonuses, competitions, or promotions held for its customers
- Trading platforms frequently freeze;
Features of Think Markets
Trading API
Stoploss
Orders for Take Profit
Think Markets is low spread forex brokers provides tools for comparing Advanced Financial Charts.
Think Markets delivers professional analysts’ study commentary on financial markets and investing.
Think Markets offers three trading platforms that can be accessed online or through a web browser on various devices, including Windows PCs, Apple Mac computers, iOS devices, such as iPhones and iPods, Android devices, and Windows PCs.
Think Markets provides a user-friendly forex apps with resources for beginning traders and experienced people.
The Think Markets platform is available in more than 12 different languages, which is advantageous to users.
Think Markets: Is it secure?
The broker’s administrative structure and regulatory standing are essential when selecting a broker like Think Markets. Brokers that work independently from a regulating body do so at their discretion. Your investment capital is in danger.
Think Markets was founded in 2010 and has been in business for 12 years. Their offices are in Australia and London.
It is legal to use Think Markets. The Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), the Financial Sector Conduct Authority (FSCA), the Financial Services Authority Seychelles (FSA), TF Global Markets (UK) Limited, which is authorized and regulated by the Financial Conduct Authority and holds the Australian Financial Services License number 424700, and TF Global Markets (AUST) Limited are all responsible for monitoring and checking the conduct of Think Markets.
Due to the regulations put in place, regulated brokers are very unlikely to influence market pricing. Think Markets will honor the withdrawal request that you submit. Think Markets’ regulated status might be revoked if they break any regulations.
Does Think Markets charge a fee for transactions?
Think Markets only charges a tiny proportion of fees to their customers. First off, the business has the power to charge an inactivity fee on accounts that have lain dormant for a predetermined amount of time. Second, holders of Think Markets Islamic Accounts receive a weekly flat rate for holding positions for more than seven days and trading FX pairs. Commission charges are the last charge for Think Zero account holders.