mid
Thunder Markets is a forex broker located in the Seychelles, regulated by the Seychelles Financial Services Authority (SFSA).
Thunder Markets accepts clients from all over the world, excluding USA and some other countries where restrictions apply.
Forex broker offers the following underlying assets for trading.
| 70+ Currency Pairs | Based on major and minor world currencies. |
| 13 Indice CFDs | Based on baskets of different blue-chip stocks. |
| 9 Metal CFDs | Based on Gold, Silver, Platinum, Palladium and Copper. |
| 6 Energy CFDs | Based on Crude Oil (WTI, Brent) and Natural Gas. |
| 8 Soft CFDs | Based on Cocoa, Coffee, Corn, Cotton, Soybean, Sugar, Wheat, Orange Juice. |
| 6 Bond CFDs | Based on US, UK and EU government securities. |
| 100+ Stock CFDs | Based on shares of highly capitalized US companies. |
Thunder Markets is a new forex and CFD broker registered in 2022 in the Seychelles. The broker offers trading leverage of up to 1:400 and trading on the iconic MetaTrader 4 (MT4) platform.
One area where Thunder Markets really stands out from its competition is in terms of its wide selection of assets for trading. This not only includes a fairly impressive selection of more than 70 forex pairs, but also a list of single stocks from more than 100 US-listed companies. In addition, the broker offers trading in government bonds, a handful of large stock indices, and many commodities.
As already mentioned, Thunder Markets is a broker focused on the MT4 platform, and at the time of writing this remains the only trading platform supported by the broker.
Still, some extras are offered to complement the trading experience on MT4. Most importantly, perhaps, is the add-on known as the Thunder Markets Volume App, which allows traders to automatically calculate their stop-loss and take-profit levels based on their desired risk tolerance. Especially for traders who often change the size of their trades, calculating these levels can be difficult to do on the fly, and an automatic tool that does it is therefore highly welcome.
As nearly all forex brokers, Thunder Markets also has multiple different types of trading accounts its clients can choose from. However, one notable difference is that both of the two accounts offered by Thunder Markets can be used either with or without commissions. This means that both account types can be configured either to be an STP-style or an ECN-style account depending on the trader’s preference.
Among the two main account types, the general account to start with for most beginner traders is the Classic one, which has a minimum deposit of just USD 200 and spreads from 2 pips in the commission-free configuration and from 0 pips with commissions.
For traders with some more experience and more capital, the Thunder Account, which is available for a minimum deposit of USD 2,000, offers slightly better conditions. Here, the spreads start from just 0.7 pips in the commission-free setup, and from 0 pips in the commission-based setup.
For traders who want some more practice before diving in with their own money, a risk-free demo account is available. Meanwhile, those who manage money for others can opt for a Multi Account Manager (MAM) account.
All trading accounts with Thunder Markets can be denominated in EUR, USD, CHF or AUD. To fund a trading account, common payment methods such as Visa, MasterCard, Skrill, Neteller, PerfectMoney, and bank transfer are all accepted. Skrill/Neteller is accepted for a fee of 1%, while all of the other methods are accepted free of charge by the broker (although the service provider itself often charges a fee).
In summary, we would emphasize again that Thunder Markets is registered in an offshore jurisdiction known for weak regulations of forex brokers, and that it has only been around since 2022. This could pose some risks given the limited track record and the fact that there are few users who have real-world experience with the broker.
Traders should also be aware that using an offshore-regulated forex broker could mean that deposits are lost in case of a bankruptcy. For those who still are okay with the risks involved, however, Thunder Markets is a broker that offers fairly attractive trading conditions and a better selection of assets than most other forex brokers we have reviewed.
