ThinkMarkets Brokerage was founded in 2010 under the name Thinkforex and is one of the best brokers in Australia. This broker is known for offering low spreads and complete and modern online trading facilities. ThinkMarkets has also obtained a license from the Australian Financial Markets Regulatory Authority (ASIC) in terms of VPS hosting. Topic Contents Toggle VPS Hosting from Think Markets Benefits of using VPS Hosting from Think Markets High-tech trading facilities in terms of technology Low trading and execution speed Protection of Think Markets client funds The regulatory license for ThinkMarkets is currently in: Trading Products Standard account features and benefits include: Trading platform Transfer fees Deposits and withdrawals Think Markets accepts the following financing options: VPS Hosting from Think Markets In July 2016, ThinkForex changed its name to ThinkMarkets due to the intention of expanding into the international market. In the transitional period, this broker will operate under both names, with no difference in trading technology between the two. At the same time, ThinkMarkets also announced that it has obtained a license from the UK FCA.
ThinkMarkets offers competitive, high-tech trading facilities This VPS hosting type broker carries a proprietary trading platform called Trade Interceptor which is easy to use, whether used on desktops, tablets or smartphones. Benefits of Using VPS Hosting from Think Markets VPS Hosting has a $1 million USD insurance policy to protect clients' funds in the worst case scenario, where the broker goes bankrupt. Think Markets insurance policies are owned by Lloyd’s London. This insurance applies to all traders without having to pay additional fees.
In addition to Forex, this broker offers trading instruments in the form of CFDs, indices, global stocks, commodities, cryptocurrencies, as well as gold and silver. ThinkMarkets also provides educational content organized into several levels, namely beginner, intermediate and advanced. ThinkMarkets Broker Excellence Service With the prestigious Australian regulatory guarantee ASIC ThinkMarkets can be called an expert in providing sharp and competitive trading facilities while ensuring the safety of clients' funds in various ways.
High-Technology Trading Facilities The ThinkMarkets VPS Hosting broker facilitates educational packages from beginners to advanced levels as well as consumer service during trading hours via phone, email, call back and chat. Moreover, there is also an Autochartist trading signals service that can recognize price patterns 24 hours a day and access the latest reputable news. Low Latency Trading and Fast Execution ThinkMarkets trading servers are said to be co-located with their liquidity provider, so traders at this broker can enjoy low latency trading and fast execution, whether manual or automated.
For fans and enthusiasts of automated trading, in particular, ThinkMarkets provides more convenience. Professional and VIP account holders can enjoy free VPS hosting servers. Think Markets Brokers Achievements Thanks to the excellence of the services it provides, Think Markets has won numerous awards, including from the UK Forex Awards for Best Customer Service in 2012, Best Australian Broker according to the World Finance Awards 2013, and in 2014 it was awarded for qualitative market research and analysis from FX Street.
Think Markets Client Funds Protection Zhihui Forex complies with the highest security standards for client funds, and client funds are deposited in top international banks such as Barclays Bank, National Australia Bank and Commonwealth Bank of Australia. It also adheres to the rules for dealing with client funds and applies strict policies and procedures to maintain and operate these accounts. It maintains client funds separately from the company’s funds and does not use these funds for any expenses or operational purposes. ThinkMarkets' regulatory license is currently at: Authorized and regulated by the UK Financial Conduct Authority (FCA), (Registration Number: 629628) Authorized and regulated by the Australian Securities and Investments Commission (ASIC), (Registration Number: 424700) Authorized and regulated by the South African Financial Sector Conduct Authority (FSCA), (Registration Number: 49835) Due to these licenses, ThinkMarkets is generally considered a broker Regular and Reliable Forex Trading One of its most attractive features is its highly competitive spread rates.
Trading Products SmartForex offers hundreds of tradable financial products with an ever-increasing range. The current offering includes more than 38 major, minor and exotic currency pairs, 7 cryptocurrencies, 15 global indices, metals, commodities and more than 1,400 stocks. Standard account features and benefits include: Forex spreads start at 0.4 pips, average Forex spreads start at 1.2 pips, and CFDs start at 0.4 pips. No Commission Minimum Deposit Requirement $0 Maximum Entry Leverage is 1:500.
Use ThinkTrader, MT4 and MT5 as trading platforms. Free VPS service Maximum trading volume 50 lots The features and benefits of the Think Zero account include the following: Maximum leverage up to 1:500 Initial Forex spreads start from 0 pips. A minimum deposit of $500 is required to open an account.
$3.5 per side (Forex and Metals only). Read also: What is the MetaTrader 5 platform How to install the MetaTrader trading platform ThinkMarkets VPS Hosting currently offers traders three platforms, their own ThinkTrader platform and the most popular MetaTrader 4 and MetaTrader 5 platforms. The ThinkTrader platform comes with a selection of trading tools, chart pattern scanners and one-click trading. It is very easy to use, and works on desktop, mobile and tablet.
Aside from the key features, their partnership with Equinix, which began in 2013, has enhanced transaction execution speeds through the use of shared data centers to reduce transaction latency. It features cutting-edge services that provide ultra-fast trade execution, as well as the benefit of institutional-quality applications, indicators and insights provided by progressive add-ons and additional features. ThinkTrader offers 80 indicators, 50 drawing tools and 14 chart types for multi-device trading, plus up to 200 free cloud notifications Expert Advisors offer unlimited stops and other risk management tools.
Transfer Fees Considering the advantages of ThinkMarkets and VPS hosting, the main advantage is the tightest spreads available to clients, with spreads as low as 0.1 pip on EUR/USD even in volatile market conditions. Conditions depend on the account type you choose, with standard accounts offering a spread of just 0.4 pips with an average of 1.2 pips. On the other hand, the Think Zero account is more suitable for professional trading, requires $500 as an initial deposit, and offers 0.1 pip spread, with a transaction cost of $3.50 per side.
Deposits and Withdrawals ThinkMarkets offers traders a variety of ways to fund their accounts. Simply log in to the Think Portal and submit a request online, under the Funding and Withdrawals section. The company does not charge any deposit or withdrawal fees, except for a $25 wire transfer fee for international withdrawals. Think Markets accepts the following financing options: Bank Transfer: AUD, EUR, CHF, GBP, USD Processing time is 1-3 business days.
Credit/Debit Cards: AUD, EUR, CHF, GBP, USD Transactions are processed instantly. Neteller: USD, EUR, GBP, JPY, AUD Processing time 10 minutes. Skrill: AUD, EUR, CHF, GBP, USD Processing time 10 minutes.
Bitcoin Payments: Bitcoin, Ethereum, Bitcoin Cash Processing time 10 minutes. Think Markets does not allow third party deposits or withdrawals. Withdrawals will be processed within 24 hours, but traders may receive funds within 1-5 business days, depending on the payment method chosen for deposits and withdrawals.
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