![]() ![]() The broker’s website includes contract-specific operating hours. As a result, the majority of FX and index trade will take place Monday through Friday. ThinkMarkets’ trading hours are determined by the market’s regular opening and closing timings. ![]() The broker operates primarily as a market maker and does not follow an ECN model. ThinkZero provides an average FX spread of 0.1 pips, a per-side fee of $3.5/£2.5, a £500 minimum deposit, and a maximum transaction size of 100 lots. Standard accounts have an average FX spread of 1.2 pips, no fees, no minimum deposit, and a transaction size limit of 50 lots. ![]() ThinkMarkets is well-known for its two popular retail accounts: Leverage limits are determined by account type and ThinkMarkets organisation.Īscertain that you have sufficient funds in your account to withstand a margin call.ĭue to regulatory restrictions, traders from Europe, the United Kingdom, and Australia are only allowed to use 1:30 leverage. There are no swap rates available that traders will appreciate. ThinkMarkets reserves the right to impose an inactivity fee in the event of inactivity. This fee is solely applicable to foreign exchange and metals trading, and ThinkZero accounts are accessible on the MetaTrader 4 and MetaTrader 5 platforms. The ThinkZero spread account costs a fee of $3.5 per $100,000 side. In-app deposits and withdrawals available. Spreads are changeable and start at zero pips, with typical spreads of 0 pips and 0.4-0.5 pips on popular currency pairings such as the EUR/USD and GBP/USD on the Thinkzero account, respectively. The financial markets delivered to your pocket Download ThinkTrader and get instant access to Forex & CFD trading, including major and minor forex pairs, over 1,500 stocks, 16 indices, precious metals, commodities and cryptocurrencies. In terms of trading costs, ThinkMarkets came out on top. Users now have access to an expanded set of technical indicators and timeframes, as well as an improved strategy tester for expert advisors and an integrated economic calendar. It appeals to more experienced traders in particular due to its sophisticated trading tools and analytical capabilities. The MT5 platform is the most recent iteration of the widely used MT4 platform. ThinkTrader supports in-app deposits and withdrawals, real-time news from FX Wire Pro, and one-click multiple order closure on mobile, tablet, and desktop.Īdditionally, it comes with more than 80 indicators and 50 chart types, as well as the TrendRisk scanner, which helps traders in spotting opportunities across several time periods. ThinkMarket developed its own platform after acquiring Trade Interceptor, an award-winning trading platform in its own right. It is compatible with the most widely used Forex trading platforms, MT4 and MT5, as well as ThinkMarkets’ own ThinkTrader platform. They may be reached through email at In the United Kingdom, Number – +44 2īoth the website and the mobile app include live chat.Īdditionally, the broker’s website has a self-service FAQ customer portal and an online inquiry form. ![]()
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