ThinkMarkets Review

ThinkMarkets Summary

Trading Fees

ThinkMarkets offers three account types, each tied to a specific platform. The Standard account (MT4/MT5) has no commission and wider spreads. The ThinkTrader account uses the proprietary ThinkTrader platform and TradingView, also commission-free, with spreads from 0.4 pips. The ThinkZero account (MT4/MT5) has ECN pricing from 0.0 pips plus a commission of $3.50 per side on FX and metals.

• Standard Account is well-suited to beginners wanting a simple pricing structure with no commission fees. Available on MT4 and MT5.
• ThinkTrader Account suits traders who want a feature-rich proprietary platform with Traders’ Gym backtesting, GSLO, and TrendRisk Scanner. Available on ThinkTrader and TradingView. It does not support Expert Advisors.
• ThinkZero Account is designed for high-volume traders, scalpers, and EA users seeking raw spreads in an ECN-style environment. Available on MT4 and MT5.

1. Raw Account Spreads

The ECN-like account type provides an institutional trading environment with ultra-tight spreads and low commission fees. As spreads are tight and commissions are low, the ThinkZero account is suitable for day trading, scalping and for traders using Expert Advisors.

ECN Forex Spread Comparison, compared on spreads.

ECN Forex Spread Comparison	EUR/USD	AUD/USD	AUD/JPY	EUR/GBP	EUR/JPY
	0.11	0.30	0.47	0.40	0.44
	0.18	0.38	0.64	0.37	0.73
	0.00	0.20	0.10	0.10	0.20
	0.10	0.10	0.90	0.20	1.20
	0.10	0.10	0.50	0.20	0.40
	0.90	0.13	0.17	0.14	0.14
	0.30	0.40	0.50	0.50	0.50
	0.00	0.00	0.50	0.20	0.30
	0.16	0.29	1.50	0.54	0.68
	0.20	0.40	0.60	0.50	0.70
	0.00	0.90	1.60	0.40	1.10
	0.10	0.50	0.70	0.60	0.40
	0.28	0.87	0.59	0.63	0.81

Avg. spreads are taken from each broker’s website and updated monthly. Last update on 1 Sep 2026

While forex spreads can be as low as 0.11 pips during times of market volatility, average spreads are 0.1 pips for many major currency pairs.

While there is no difference between account types regarding CFD trading, ThinkZero account holders gain access to discounted pricing on metals.

2. Raw Account Commission Rate

Commissions on FX and Metals with ThinkZero accounts are:

• In Australia and South Africa: $3.50 per standard lot each side of the trade or $7.00 round turn
• In the UK: £2.5 per standard lot each side of the trade or £5 round turn

Note: CFD trading on indices, energies, cryptocurrencies, shares, and futures are commission-free

Use the calculator below to compare ThinkMarkets’ trading costs with competitors such as Pepperstone, Eightcap and CMC Markets, adjusting for trade size, currency pair, and base currency.

3. Standard Account Fees

Spreads on standard accounts that charge no commission fees are competitive when trading forex with ThinkMarkets. Forex spreads can be as tight as 0.4 pips, while average spreads are 1.1 pips. When trading metals, pricing starts from 25 cents and CFDs 0.4 points.

4. Swap-Free Account Fees

Forex traders following Sharia law can sign up to ThinkMarkets Islamic Account. Islamic trading accounts do not pay and receive swap rates derived from interest rates and instead pay a flat rate fee for open positions. In place of swaps (also called overnight fees or rolling fees), ThinkMarkets charges a flat rate weekly administrative fee for positions held 7 days or longer. Islamic account holders trading major forex pairs incur $5 financing fees, while a $10 fee is charged when trading minor forex pair.

5. Other Fees

There are no deposit fees on most methods, though PayPal deposits carry a 2.5% fee (Australia only). Standard withdrawals are free; international bank wire transfers may incur a USD 25 charge levied by intermediary banks, not by ThinkMarkets. There is no inactivity fee, and the minimum withdrawal is USD 100.

Verdict on ThinkMarkets Fees

Although spreads are wider than a ThinkZero trading account, Standard Accounts are an excellent option for beginner traders wanting to avoid complex commission fee calculations.

ThinkMarkets: Trading Conditions For Clients In United Kingdom

To meet ESMA requirements, FCA has some regulations that online brokers in the UK must follow. While ThinkMarkets offers the same Standard account and ThinkZero account with the same basic trading conditions to all clients, leverage and risk management vary.

Retails vs Professional Account

As professional traders have a greater understanding of leveraged trading and access to greater capital, trading conditions set by the regulator are more relaxed for traders who qualify.

To qualify as an Elective Professional trader for a professional account, traders will need to meet 2 of the following 3 criteria:

• Have done 40 trades of a significant size over last year
• Manage a portfolio that exceeds 500,000
• Have relevant work experience of substantial note in the financial sector

The following leverage is the maximum available for Professional traders.

Professional traders will lose negative balance protection and automotive close you when trading account equity falls below 50%.

Spread Betting

Spread Betting is an alternative form of derivatives trading to CFDs. Popular in the UK because of its capital gains saving, spread betting allows you to speculate on price movements in a range of markets. Spread betting differs from CFD trading as traders do not own contracts of the underlying assets.

ThinkTrader allows spread betting with all its instruments except for cryptocurrency. Spreads for EURUSD starts from 0.8 pip, and leverage is the same as for CFDs.

Trading Platforms

ThinkMarkets customers have access to four trading platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), ThinkTrader, and TradingView. Platform availability depends on account type, Standard and ThinkZero accounts use MT4/MT5 only, while the ThinkTrader account uses ThinkTrader and TradingView only. All platforms are available on Web, Desktop, iOS, and Android.

MetaTrader 4

Using the MetaTrader 4 platform, ThinkMarkets customers gain access to advanced charting tools and automated trading features that can be used to develop complex trading strategies. The easy-to-use interface suits all levels of experience, hence its reputation as one of the best trading platforms available to retail investor accounts.

MT4 Features include:

Advanced charting tools

• 9 Timeframes
• 30 Technical Indicators
• 23 Graphical Objects
• 3 Chart Types

Other features

• 4 Pending order types
• Hedging and netting options
• Trading Central Free access
• Social-copy trading with MetaQuotes Trading Signals
• Algorithmic trading with Expert Advisors and MQL4 programming language
• 32-bit single-thread strategy testing for expert advisors (EAs)
• A large trading community and marketplace
• Fast trade execution with minimal slippage

MetaTrader 5

Although MT4 retains a strong following, MetaTrader 5 offers improvements from its predecessor including more charting tools, greater market access and improved backtesting features.

Features of MT5 include:

• 21 Timeframes
• 38 Technical Indicators
• 44 Graphical Objects
• 6 Pending order types
• Trading Central free access
• Trading signals
• Hedging and netting
• Expert Advisors (MQL5 programming language)
• 64-bit multi-thread strategy testing for EAs
• Depth of Market (DOM)
• Partial order filling
• Economic calendar
• Low slippage due to fast order execution

Another advantage of using MT5 over MT4 includes the trading platforms for customer support. With MT4’s customer service being phased out, less help is available for those with trading platform issues or queries.

ThinkTrader

The broker offers a proprietary web version, a trading software platform for Mac and Windows computers and iOS and Android devices. The mobile trading app is well-reviewed and offers a user-friendly trading environment, a wide range of technical analysis tools and risk management features.

Note: ThinkTrader does not support Expert Advisors (EAs) or automated trading strategies. Traders requiring EA functionality should use the Standard or ThinkZero account (MT4/MT5).

Trading tools include:

• Over 125 indicators, 50 drawing tools and various chart types
• TrendRisk Scanner: helps traders find the best trading opportunities using different timeframes
• Ability to close multiple orders with one-click
• Log in to multiple devices at one time
• Trading analysis toolkits
• 200 cloud-based alerts than can be sent to mobile, tablets and PCs even when you are offline
• Real-time CFD and forex market news

Social Trading with ThinkCopy

If you are looking to get your skin in the trading game but don’t know much about forex or other CFD product, then social trading can be a solution. With this type of trading, you can copy the trades of other successful traders.

ThinkCopy is the broker’s own proprietary copy trading platform, available for clients on the global entity.

Is ThinkMarkets Safe?

ThinkMarkets has a trust score of 80, based on the broker’s regulation, reputation, and reviews.

1. Regulation

ThinkMarkets are regulated by multiple top-tier financial authorities around the world. In the United Kingdom, TF Global Markets (UK) Limited is overseen by the Financial Conduct Authority (FCA) and is required to segregate client funds, provide Negative Balance Protection, and enforce close-out margins.

ThinkMarkets Australian brokerage services are located in Melbourne and regulated by the Australian Securities and Investments Commission (ASIC). As an ASIC-regulated broker, TF Global Markets (Aust) Limited has to ensure clients’ funds are held in segregated accounts, yet investor balance protection or closeout margins are not a legal requirement.

In addition to FCA and ASIC oversight, ThinkMarkets subsidiaries operating in South Africa and Seychelles, these subsidiaries are regulated by The Financial Sector Conduct Authority (FSCA) and Financial Services Authority Seychelles (FSA).

ThinkMarkets is regulated in the UAE by the Dubai Financial Services Authority (DFSA) in Dubai.

Finally, the broker’s branch in Europe is overseen by the Cyprus Securities and Exchange Commission (CySEC) in Cyprus, while the Japanese division is being regulated by Japan’s Services Agency (JFSA)

2. Reputation

Established back in 2010, ThinkMarkets is an award-winning broker with headquarters in London and Melbourne. In 2020, ThinkMarkets won ‘Best Value Broker in Asia’ at the 2020 Global Forex Awards and ‘Best CFD Provider at the City of London Wealth Management Awards (COLWMA) in 2021.

ThinkMarkets also shows moderate popularity in the global online trading space. It receives approximately 12,100 Google searches per month, ranking it as the 51st most popular forex broker based on 2026 data. Web traffic trends are consistent with this, with Similarweb reporting 299,869 global visits in February 2026, placing ThinkMarkets as the 37th most visited broker.

Country, 10 rows.

Country	2026 Monthly Searches	Rank
South Africa	1,300	1st
France	590	2nd
United Kingdom	590	3rd
India	390	4th
United States	390	5th
Vietnam	390	6th
United Arab Emirates	320	7th
Egypt	320	8th
Nigeria	320	9th
Netherlands	260	10th

3. Reviews

As of September 2026, ThinkMarkets has a TrustPilot score of 3.4 out of 5 from 520 reviews.

Our score for ThinkMarkets is set against every other broker on forex broker review.

What other review sites say about ThinkMarkets

These are ratings of ThinkMarkets from other platforms, read on the date shown and expressed on each platform's scale, so you can weigh them against our own score.

Platform	Rating	Volume	Read on
Trustpilot	3.3 / 5	523	Sep 10, 2026
TradingView	4.6 / 5	2,922	Sep 10, 2026
App Store (United States)	4.8 / 5	790	Sep 10, 2026

ThinkMarkets holds a Trustpilot rating of 3.3 out of 5 from 523 reviews, checked Sep 10, 2026.

On TradingView, ThinkMarkets is rated 4.6 out of 5 from 2,922 ratings, checked Sep 10, 2026. The TradingView profile for ThinkMarkets shows 13.6K traders, the count of those who have connected an account through TradingView. TradingView shows the Best 2025 badge on the profile.

ThinkMarkets's app ThinkTrader is rated 4.8 out of 5 from 790 ratings on the United States App Store, checked Sep 10, 2026.

Our score is based on published criteria and is not influenced by these third-party ratings.

Deposit and Withdrawal

ThinkMarkets does not charge fees for standard deposits or withdrawals. International bank wire transfers may incur a USD 25 charge from intermediary banks, this is a third-party bank cost, not a ThinkMarkets fee.

What is the minimum deposit at ThinkMarkets?

ThinkMarkets has no minimum deposit requirement for Standard and ThinkTrader accounts. The ThinkZero account requires a minimum first deposit of $500 USD (or equivalent).

Account Base Currencies

When establishing a trading account, customers can select from the following base currencies: USD, AUD, GBP, EUR, SGD, and CHF. ThinkTrader account holders also have access to NZD as a base currency, this is unique to the ThinkTrader account type. Additional base currencies and deposit methods may be available depending on the client’s country / ThinkMarkets entity.

Deposit/Withdrawal Options and Fees

Below is a list of deposit and withdrawal methods available with ThinkMarkets. It is also worth noting that certain payment methods are not available in all countries.

The minimum withdrawal amount is USD 100. Withdrawals are processed within 24 hours by ThinkMarkets. Funds are typically received within 1 to 7 business days depending on the payment method. Bank wire withdrawals take 3 to 5 business days.

• Bank Wire
• Bank Transfer
• Credit Card / debit card(Visa/MasterCard)
• Neteller
• Skrill
• BitPay
• UnionPay
• BPay
• PayPal (Australia only)

Product Range

Customers of ThinkMarkets can choose between generous amounts of CFD instruments spread across 8 asset classes. CFD trading can be done on over 3,500 financial instruments including forex currency pairs, cryptocurrencies (outside UK), indices and futures to metals, commodities and shares & ETFs.

CFDs

The list of available CFD products can be traded across ThinkMarkets’ suite of powerful trading platforms (MT4, MT5 and proprietary platform ThinkTrader). However, the FX broker offers a more diverse list of tradable shares CFDs on its MT5 and ThinkTrader as compared to the MetaTrader 4.

Forex and Crypto Trading

ThinkMarkets offers 42 currency pairs and 19 cryptocurrencies. The FX offerings include all the:

• Major FX pairs (EUR/USD, GBP/USD, AUD/USD, USD/JPY, etc.)
• Minor FX pairs (EUR/GBP, EUR/JPY, GBP/JPY, EUR/AUD, etc.)
• Exotic FX pairs (USD/TRY, EUR/ZAR, EUR/PLN, etc.)

Additionally, traders can speculate on the price movement of the following cryptos without the need for an external wallet or a crypto exchange:

While no additional trading cost is charged by ThinkMarkets, except the spread.

Important Note: In 2020, the UK’s regulatory body (the FCA) banned retail traders from trading cryptocurrency CFDs. Those wanting to trade crypto will need to sign up to ThinkMarkets subsidiaries outside of the UK, such as the Aust ASIC regulated branch.

Indices and Futures

ThinkMarkets’ indices offerings give you access to the major world stock market indices from 5 continents. ThinkMarkets indices include 17 global indices like ASX 200, S&P 500 or Nikkei 225; the US dollar currency index and 6 additional AUD-denominated indices (GER30aud, UK100aud, JPN225aud, NAS100aud, SPX500aud and US30aud)

At ThinkMarkets, you can also gain access to 6 futures contracts that cover several underlying instruments like commodities, stock indices or VIX volatility.

Metals and Energies

ThinkMarkets offers you the opportunity to diversify your trading portfolio and trade on a range of 6 metal pairs and 3 energies. Additionally, to the standard Gold spot contract, ThinkMarkets expanded on its tradable product list by including 2 mini contracts (XAU/USD Mini and XAG/USD Mini) which allow you to trade in smaller position sizes. They also offer prices on 3 energy contracts (US Crude Oil, Brent Crude Oil and Natural Gas).

Share Trading

The broker also provides access to more than 2,700 CFD shares and 321 ETFs to speculate on. You can start trading on the world’s biggest companies with a margin starting from 5% and the ability to go both long and short without actually owning the underlying physical stock. Using MetaTrader 5 gives you access to the full range of stocks, you can still use MT4 but only the major stocks for each market is available.

Start trading today on a wide range of companies such as Google, Facebook, Apple, Amazon and so much more.

Price is indicative and does not represent real stock movement

Customer Service

Traders can use live chat, phone or email to get in touch with the ThinkMarkets multilingual customer support team. For Australian (ASIC) and UK (FCA) clients, customer service is available 24 hours a day, 5 days a week (during trading hours). A support ticket can also be submitted for immediate assistance.

Education

ThinkMarkets offer a solid suite of educational resources designed for beginner, intermediate and experienced traders. Education tools include:

• Weekly webinars
• Trading guides
• Glossary
• Online articles

Resources aimed towards beginner traders offer a soft introduction to forex trading, with how-to guides and glossaries available. Intermediate trading tutorials cover more complex topics such as chart patterns and order types. Lastly, the advanced tutorial guide addresses complex technical and fundamental analysis.

Research and Education

To help customers develop trading strategies and manage the high risk of forex and CFD trading, ThinkMarkets provides the following research tools:

• Daily insights from ThinkMarkets in-house experts
• Economic calendar
• Technical analysis tools

Final Verdict on ThinkMarkets

With different account types, a wide range of markets and 4 top trading platforms, ThinkMarkets caters to all levels of trading experience from beginner traders to experienced investors. Those scalping, day trading or developing automated trading strategies are better suited to a ThinkZero account type that offers ECN-style trading and pricing. Beginner traders may benefit from the simplicity of ThinkMarkets standard account, where there are no additional commission fees.

Features that make ThinkMarkets one of the best brokers around include:

• Tight ECN-like spreads with STP execution
• Great market access with Forex, Cryptocurrency, and Share CFD trading
• MT4, MT5, ThinkTrader and TradingView trading platforms
• Oversight from top-tier financial regulators
• 24/5 customer support
• Fast execution with regional data centres.

ThinkMarkets is issued in New Zealand by TF Global Markets (Aust) Ltd, a separate licensed entity from the one this review covers. Read ThinkMarkets in New Zealand.