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Think Markets review and ratings

Established 2010
Location Australia UK Bermuda
Regulation ASIC, FCA
Offices Melbourne, London, Hamilton
Broker type STP | ECN
Leverage up to 1:500
Deposit from 250 USD
Spreads low  low
Platforms Web MetaTrader 4 Specific
Instruments Currencies Crypto Indices Metals Energies Softs Stocks
Funding methods Wire Transfer Credit Cards Skrill Neteller BitPay POLi

Company information

Think Markets group includes 3 related companies.

Think Markets AU - located in Australia, regulated by Australian Securities and Investments Commission (ASIC).
Think Markets UK - located in the United Kindom, regulated by the Financial Conduct Authority (FCA).
Think Markets BM - legally registered entity located in Bermuda, but not regulated by any government agency.

Be aware, UK company has some trading restrictions because of the European Securities and Markets Authority (ESMA) influence.
At the same time, BM company accepts European traders, so one can open a trading account there.

Availability

Think Markets group accepts clients from all over the world, excluding USA, Canada, Japan and some other countries where restrictions apply.

Distinctive features

Trading instruments

Forex broker offers the following underlying assets for trading.

35+ Currency Pairs Based on major and minor world currencies.
9 Crypto Pairs Based on Bitcoin, Bitcoin Cash, Bitcoin Gold, Ethereum, Dash, Ripple, NEO.
12 Indice Cash CFDs Based on baskets of different blue-chip stocks.
1 Indice Future Based on US Dollar Index.
5 Metal Spot CFDs Based on Gold and Silver.
2 Metal Futures Based on Platinum and Copper.
2 Energy Spot CFDs Based on Crude Oil (WTI, Brent).
1 Energy Future Based on Natural Gas.
4 Soft Futures Based on Cocoa, Coffee, Cotton, Corn, Soybean, Wheat.
200+ Stock CFDs Based on shares mainly of UK and Hong Kong companies.

Comprehensive review

Think Markets is a large international forex & CFD broker with registered offices in Australia, the United Kingdom, and Bermuda. With the exception of Bermuda, which does not regulate forex brokers, Think Markets is regulated locally in all jurisdictions where it has offices. This includes oversight by the highly regarded Financial Conduct Authority (FCA) in the UK, and by the Australian Securities and Investments Commission (ASIC).

Looking up Think Markets in the FCA’s database confirms that the firm is authorized to operate under the business name TF Global Markets (UK) Limited. Likewise, a search in ASIC’s database also confirms that the company is properly registered and regulated in Australia under the name TF Global Markets (Aust) Pty Ltd.

Think Markets offers all of its traders access to trading in the forex market, as well as CFD trading with cryptocurrencies, stock indices, individual stocks, and commodities, including metals, energies, and softs.

Founded in 2010, Think Markets was recognized by Forex Magnates with the award for ‘Best Mobile Platform’ in 2012 for the mobile version of its proprietary Trade Interceptor trading platform. In addition to this platform, however, the broker also offers the classic MetaTrader 4 (MT4), which makes transitioning to this broker effortless for most traders.

The Trade Interceptor platform is known for its advanced charting capabilities, with a range of technical indicators and unique drawing tools. It has also been praised as one of the top in-house trading platforms available by both professionals and retail traders alike.

The Trade Interceptor platform is available in separate versions for mobile devices (iPhone & Android), tablets, and desktop computers (Windows & Apple). As opposed to many other typical in-house platforms, the platform is not web-based, but instead a traditional downloadable trading software.

As usual, the maximum trading leverage that is available to traders depend on the country the trader is from, as well as which local entity of the broker the trader is signed up with. With the Australian and Bermuda-registered entities, leverage all the way up to 1:500 is available. For traders assigned to the UK-registered entity, however, the leverage is capped at only 1:30 even for major FX pairs, in accordance with new ESMA regulations.

Despite these regulatory limitations, Think Markets is known to accept even EU-based traders with its Bermuda-based entity, which is a nice way for European traders to get access to higher leverage. It is worth noting, however, that the Bermuda-based entity is not regulated by any government agency. As always, this brings with it its own set of challenges and uncertainties for traders.

Think Markets has an extensive library of trading resources freely available on its website for everyone who wants to learn about trading. These educational resources includes their own webinars, which traders can sign up for to attend live. The website also includes complete trading tutorials for beginners, as well as for intermediate and advanced traders.

Further, Think Markets gives all website visitors the opportunity to sign up for a free 3-day trial of its “live trading room” where advice, trading signals, and analysis is shared in real-time by highly experienced traders and analysts.

Think Markets customer support can be reached via local phone numbers in the UK, Australia, and Spain, as well as by email to the relevant department. Customer support is open 24 hours a day on all trading days.

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