ThinkMarkets (Think Markets) Review 2023
ThinkMarkets was launched in 2010 and has grown to offer Forex & CFD trading services globally since then. ThinkMarkets is duly licensed by the FCA in the UK, ASIC in Australia, CySEC in Cyprus, JFSA in Japan, FSCA in South Africa, and the FSA in Seychelles. With ThinkMarkets, one can trade more than 3,500 global assets, including Forex, Indices, Commodities, Shares & ETFs, CFDs, and Crypto CFDs. ThinkMarkets is an award-winning broker with offices in several countries of the world, in particular in Johannesburg (South Africa), Tokyo (Japan), Limassol (Cyprus), Dubai, London (the United Kingdom), and Melbourne (Australia).To get more news about thinkmarkets review, you can visit wikifx.com official website.
ThinkMarkets is an international brokerage firm that positions itself as a multi-regulated broker with favourable trading conditions. It is part of the TF Global Markets Limited holding, whose divisions have received FCA, ASIC, FSA, CySEC, JFSA, FSCA licenses. The broker offers accounts for beginners and professional traders with tight market spreads. It provides ZuluTrade - a social trading platform with its own risk assessment system.
The ThinkMarkets brokerage company takes care of the technical component. To increase the speed of trades, it cooperates with proven data centers and also provides customers with a VPS server for uninterrupted trading. The company's specialists have developed a unique ThinkTrader trading platform that allows you to use more than 125 indicators and deep chart settings for technical analysis, close multiple orders in one click, and track news in real-time.
The company's website is quite informative and has 19 versions in different languages. Technical support answers customer questions in multiple languages, including English, Spanish, Italian, Arabic and Portuguese.
The ThinkMarkets broker offers its clients to combine active trading with passive investing. The company has developed conditions that allow increasing the profitability of passive investments with minimal risks. To generate income without independent trading, the broker provides a social trading platform, trust management, and several types of affiliate programs.
ZuluTrade is an automated platform that allows you to customize your trade copying strategy based on a given parameter. An investor can choose a trader from the rating by the number of subscribers who have connected to him, trading hours and the indicator of the risk percentage. Any ThinkMarkets client can connect to the platform, even without knowledge of the basics of market analysis. To start automatic copying, an investor needs to select a trader and join his account.
The rating of the best ZuluTrade traders is formed based on the opinion of the expert council, which evaluates candidates on the effectiveness of their trading, as well as on the feedback received from their subscribers. Thus, the higher the profitability of a trader's transactions and the number of positive reviews about his work, the higher his score rises in the overall rating.
The trading conditions of ThinkMarkets are suitable for both novice and experienced traders. The broker offers low spreads - from 0.0 pips and leverages up to 1:500. There are no requirements on the Standard account for the amount of the minimum deposit: it starts from $0 (or another account currency). The minimum trade volume is 0.01 lots. It is possible to open an Islamic account with standard conditions, but no swaps are charged.
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