Introduction to ThinkMarkets

Established in 2010, ThinkMarkets is a leading global online trading broker headquartered in Melbourne, Australia, and London, UK, with offices across Asia-Pacific, Europe, South America, the Middle East, and North Africa.

ThinkMarkets offers fast and convenient access to various trading markets, including forex, stocks, CFDs, commodities, indices, and futures. The broker provides its proprietary ThinkTrader platform along with the industry-standard MT4 platform.

ThinkMarkets Security

In terms of security, ThinkMarkets is regulated by the Financial Conduct Authority (FCA) in the UK (registration number: 629628) and the Australian Securities and Investments Commission (ASIC) under the Australian Financial Services License (AFSL number: 424700).

To enhance fund security, traders' funds are held in segregated trust accounts with top-tier banks such as Barclays and the National Australia Bank (NAB).

Moreover, in the extreme event of a default, the FCA Financial Services Compensation Scheme provides traders with protection of up to £50,000. For traders with assets exceeding £50,000, additional insurance is purchased, offering enhanced protection and the right to claim compensation, with coverage up to £1 million per trader.

ThinkMarkets Account Types

Standard Account

• The Standard Account at ThinkMarkets is suitable for traders of all levels, with no initial deposit requirement. After opening the trading account, traders can log in and view real account data without making a deposit.
• The Standard Account offers leverage up to 500:1, allowing traders to maximize the use of funds within their accounts.
• The minimum trade size is as low as 0.01 lots, ideal for beginners starting with smaller amounts.
• Free VPS service is available, allowing trading even in cases of power outages or network interruptions.
• All ThinkMarkets customers can access 24/7 customer support through the official website.

Zero Account

• Forex spreads starting from 0 pips.
• Average spread of just 0.1 pips.
• $3.5 commission per lot.

ThinkMarkets Account Opening Process

The process to apply for a live account is very simple. Click here to start the application.

Basic steps to open an account:

1. Visit the ThinkMarkets official website, click the "official homepage and click," and select "create a live account."
2. Fill in your country of residence and email address, create a password, and agree to the privacy policy. Click "Next" to continue and complete your personal information.
3. Verify your email. Check your inbox and enter the six-digit code provided on the page.
4. Choose the ThinkMarkets platform according to your preference for trading. Select your account type, base currency, and leverage.
5. Verify your personal information, upload documents, manage your account, download the platform software, and fund your account.

Required Documents

To apply for a personal trading account, you need to provide one proof of identity and one proof of address document.

Acceptable proof of identity documents:

• A valid passport
• Government-issued ID such as a driver's license or identity card
• A valid residence permit

Acceptable proof of address documents:

• Utility bill, landline phone bill, or bank statement

ThinkMarkets Deposit and Withdrawal Methods

Deposit Methods

ThinkMarkets offers a variety of deposit methods to meet the needs of traders.

Deposit steps:

1. Log in to the ThinkPortal management dashboard.
2. Click on "Deposits and Withdrawals," then select "Deposit Funds" on the page.
3. Choose your deposit method. Common deposit methods include:

Provider	Description	Supported Currencies	Estimated Time
UnionPay	Deposit funds to your trading account using RMB via UnionPay	RMB	Instant
Bank Wire Transfer	Global transfer via bank wire	AUD, EUR, CHF, GBP, USD	1-3 business days
Neteller	Manage your trading funds easily with Neteller e-wallet solution	USD, EUR, GBP, JPY, AUD	Instant
Skrill	Process your funds easily via Skrill e-wallet	AUD, EUR, CHF, GBP, USD	Instant
Cryptocurrency	Quickly deposit funds to your trading account using popular cryptocurrencies	Bitcoin, Ethereum, USDC, USDT (TRC20 or ERC20), BUSD, Ripple, Bitcoin Cash, Dash, EOS, Litecoin, Stellar	Instant

Withdrawal Methods

Withdrawal steps:

1. Log in to the ThinkPortal client portal.
2. Select "Deposits and Withdrawals," then click "Withdraw Funds" on the page, and fill out the withdrawal form.

Common withdrawal methods:

1.UnionPay Withdrawal:

• Usually arrives within 1-2 business days.
• Must have used UnionPay for a previous deposit to select UnionPay for withdrawal.
• Depending on the type of trading account, customers may enjoy up to two free UnionPay withdrawals per month.

2.Bank Wire Withdrawal:

• Usually arrives within 3-5 business days.
• No fees charged, but traders are responsible for any related banking fees, including intermediary bank fees. The typical cost for international bank wire transfers is around $25.
• The minimum withdrawal amount via bank wire is $30.

Important Notes

• Third-party deposits or withdrawals are not accepted; deposits and withdrawals must be made from a bank account in the name of the trading account holder.
• Withdrawals must follow the "same method return" policy. For example, if you used UnionPay for the deposit, both principal and profits must be withdrawn via UnionPay. This policy applies to bank wire, Skrill, and cryptocurrency withdrawals.
• If it’s not possible to return funds using the previous deposit method, the withdrawal will be processed via bank wire to a bank account in the name of the account holder.
• For any deposits received via cryptocurrency, withdrawals can only be made via Tether or bank wire.
• Withdrawal requests received before 1:00 PM AEST will be processed the same day; other requests will be processed within 24 hours of receipt.

ThinkMarkets Trading Platforms

ThinkMarkets currently offers MT4, MT5, and ThinkTrader platforms, allowing users to choose from web-based, Android, Windows, macOS, or web versions.

Traders can have multiple account types at ThinkMarkets. However, each account type is specific to its respective platform. For instance, MT4 accounts can only be used on the MT4 platform, MT5 accounts on the MT5 platform, and ThinkTrader accounts on the ThinkTrader platform.

• ThinkTrader Platform: Supports multiple devices, with over 80 technical indicators and 200 cloud-based alerts, offering an excellent mobile trading experience.
• MT4 Platform: Supports manual trading and EA trading, with backtesting features to help traders enhance their strategies.
• MT5 Platform: Built on MT4's foundation, MT5 is Metaquotes' latest platform offering 21 timeframes, 6 types of pending orders, hedging and netting options, and a multi-threaded EA strategy tester.

ThinkMarkets Trading Products

• Forex: Spreads on major currency pairs start from as low as 0 pips. You can trade majors, crosses, and exotic pairs with leverage up to 500:1.
• Stocks: Zero commission, with trading costs limited to spreads. Trade over 3,500 international company stocks such as Google, Amazon, Apple, and Facebook.
• Indices: The ThinkTrader platform offers fixed spreads starting from 0.4 basis points, while the MT4 platform provides low variable spreads.
• CFDs: Offers zero commission levels, diversified trading through indices, commodities, and energy products, with smaller contracts for precise position control and adjustment.
• Precious Metals: Zero Account spreads start as low as 8 cents, with trading costs for one lot (100 ounces) of gold being $15, with no contract expiration or rollover concerns.
• Cryptocurrencies: 24/7 trading, allowing you to trade cryptocurrency price movements without owning or storing actual crypto assets.
• Commodities: Zero commission trading on commodities like crude oil, natural gas, and coffee. Spreads start from as low as 0.4 basis points.

Frequently Asked Questions

• Does ThinkMarkets offer fixed or variable spreads?

ThinkMarkets does not offer fixed spreads; all trading products on the platform have floating spreads.

• How can I change my leverage?

Traders can email support@thinkmarkets.com.cn to change their account leverage settings.

• What is the maximum leverage?

Leverage amplifies both the risk and reward of trading; the higher the leverage, the greater the potential profit or loss per trade. The maximum available leverage for an account is as follows:

Account Balance	Maximum Leverage
$0-$50,000	500:1
$50,000-$200,000	200:1
$200,000-$1,000,000	100:1
Over $1,000,000	50:1

Leverage can be adjusted based on the account balance.