ThinkMarkets

Information

Overview of ThinkMarkets

Introduction to ThinkMarkets

Founded in 2010 in New Zealand, ThinkMarkets initially set out to enhance the Forex trading experience by integrating advanced technologies. With a surging demand in the Forex market, the company expanded rapidly, launching the ThinkMarkets brand and bolstering customer security in line with ASIC (Australian Securities and Investments Commission) and FCA (Financial Conduct Authority) regulations.

Global Expansion and Achievements

ThinkMarkets later shifted its global headquarters to London, UK, and Melbourne, Australia. This move marked a significant growth phase, earning it the accolade of “fastest growing Forex broker.” The company’s presence spans the Asia-Pacific region, the Middle East, North Africa, Europe, and South America, offering premium trading conditions. Furthering its expansion, ThinkMarkets acquired a brokerage in South Africa, ensuring full legal compliance in the African market.

Regulatory Compliance and Trader Safety

• ASIC Registration: Registered with the Australian Securities and Investments Commission.
• FCA Authorization: Regulated by the Financial Conduct Authority in the UK.
• African Region Regulation: Fully regulated by the Financial Sector Conduct Authority (FSCA) in South Africa.
• Funds Security: Traders’ funds are segregated and stored in top-tier banks like Barclays, National Australia Bank, and Commonwealth Bank of Australia.
• Insurance Coverage: Customer accounts are protected under the Financial Services Compensation Scheme (FSCS) up to £50,000 in case of insolvency.

Leverage Options

• UK (FCA): Maximum leverage of 1:30 for major currency pairs.
• Australia (ASIC): High leverage of up to 1:500 for Forex instruments.
• South Africa: Maximum leverage of 1:200.

Account Types

• Standard Account: Commission-free with a choice between fixed and variable spreads.
• ThinkZero Account: Designed for active traders, offering lower spreads with transaction fees, VPS, and Autochartist access.
• Demo and Islamic Accounts: Available for practice and accommodating Islamic traders.

Commissions and Fees

• Standard Account Spreads: Starting from 0.4 points, averaging about 1.2 points.
• ThinkZero Account: Requires a $500 initial deposit, offers spreads from 0.1 pips with a $3.5 commission per lot.

Trading Platforms

• Available Platforms: MT4, MT5, and ThinkTrader (formerly Trade Interceptor).
• Social Trading: Access to social trading via ZuluTrade.

Trading Instruments

• Diverse Offerings: Over 40 currency pairs, cryptocurrencies, indices, metals, commodities, and stocks.
• Cryptocurrency Trading: Competitive conditions for assets like Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Ripple.

Account Opening

• Minimum Deposit: No minimum deposit required for the standard account.

ThinkMarkets in a Nutshell

• Reliability and Services: Known for technological excellence, robust reliability, exceptional customer service, and competitive pricing.
• Unique Offering: The only regulated broker in the UK, Australia, and South Africa currently offering cryptocurrency trading.

User Feedback and Reviews

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Quick Facts: ThinkMarkets

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