Overview
ThinkMarkets was founded in 2010 in Melbourne and has offices in London, Dubai, Tokyo, and Sydney. Regulated by ASIC, FCA, and CySEC, the broker is distinguished by its proprietary ThinkTrader platform, which offers advanced multi-device charting, built-in social trading, and one-click trading across 4,000+ instruments. ThinkMarkets also supports MT4, MT5, and TradingView.
Pros
- Proprietary ThinkTrader platform: Feature-rich with social signals, advanced charts, and multi-device sync
- Zero minimum deposit: Start trading with any amount
- Raw spreads from 0.0 pips: ThinkZero account offers highly competitive ECN-style pricing
- ASIC + FCA dual regulation: Strong tier-1 dual regulation
- Multiple platform choices: MT4, MT5, ThinkTrader, and TradingView all available
Cons
- Commission on ThinkZero: $3.50/side commission on the zero-spread account
- Standard account expensive: EUR/USD averages around 1.4 pips on Standard
- Limited instruments on MT: Full instrument range only available on ThinkTrader
- Smaller broker: Less brand recognition may be a concern for some
- Education could be deeper: Educational content exists but lacks the depth of XM or IG
Spreads & Fees
| Account Type | EUR/USD Spread | Commission | All-In Cost |
|---|---|---|---|
| Standard | Avg 1.40 pips | None | ~1.40 pips |
| ThinkZero | From 0.0 pips | $3.50/side | ~0.72 pips |
Overnight (Swap) Fees: Competitive standard rates. Withdrawal Fees: Free for most methods. Inactivity Fee: None.