ThinkMarkets at a glance
Multi-regulated broker offering forex, CFDs and shares via its proprietary ThinkTrader platform.
ThinkMarkets reports a founding year of 2010 and a head office in Melbourne, Australia; international offices include London and Johannesburg.. It lists 5 regulators and 3 trading platforms.
BrokerBazaar verdict
ThinkMarkets has operated since 2010 and maintains a substantial international regulatory presence. It offers several established trading platforms, multiple account structures and access to a broad range of markets. Its regulatory coverage, published disclosures and established operating history are important factors in assessing its institutional standing. However, its international accounts may have materially different protections, and leveraged CFD trading remains high-risk.
Legal entities, regulation and licences
ThinkMarkets operates through 7 legal entities, each supervised separately. Your account is with one specific entity, so the protections you receive depend on which one onboards you, not on the group's strongest licence. Overall, the group is supervised by no regulator we could map to a public register.
Licence check: Not independently checked. This broker has submitted its details. BrokerBazaar has not yet independently checked them. A company registration or general business licence is not permission to offer regulated brokerage services; only the register entries linked in the table count.
Countries accepted and restricted
ThinkMarkets states that it accepts clients from Australia, UK, UAE, South Africa, Japan. Availability is decided per entity and can change without notice; residents of jurisdictions such as the USA, and often the EU and UK, are frequently excluded from offshore entities.
Known restrictions flagged in our review: Certain products and account types are unavailable in restricted countries..
Trading products, platforms and account types
Instruments: Forex, Indices, Commodities, Stocks, Crypto. Platforms: ThinkTrader, MT4, MT5. Account types: Standard, ThinkZero.
Best-for tags assigned by our team: Low Spreads, Beginners, Mobile Trading.
Minimum deposit, spreads, commissions and other charges
The minimum deposit is USD 10 for certain ThinkTrader accounts, USD 50 for Standard accounts and USD 100 for ThinkZero accounts on the currently published account comparison. Requirements may vary by region and account version.. Spreads start from From 0.4 pips and commission is Standard: from 0.4 pips. Think…. Maximum leverage is Up to 1:500 (by entity), subject to the cap of the entity that holds your account.
Swap-free / Islamic account: available (conditional). Swap type: not specified. Headline spreads are usually quoted for the most expensive account tier's cheapest instrument; compare total cost for your typical trade.
Deposits and withdrawals
Deposit methods: Bank Transfer, Credit Card, Skrill, Neteller. Withdrawal methods: Bank Transfer, Credit Card, Skrill, Neteller.
Withdrawal speed and fees are set by the entity and payment provider. Withdrawal delays are the most common complaint category on BrokerBazaar across all brokers; keep identity documents current and withdraw to the same method you deposited with where required by anti-money-laundering rules.
Execution model, negative balance protection and client money
Negative balance protection: Yes. Scalping allowed: Yes. Algorithmic trading allowed: Yes. News trading allowed: Yes. Hedging: not specified. These conditions were compiled from public information and have not yet been confirmed by the broker.
Client-money rules follow the regulator of the entity that holds your account. Check that regulator's rules on its register.
Complaints and dispute process
Formal complaints: compliance@thinkmarkets.com. Phone: +61 3 9093 3400 (Australia). Clients can initially submit complaints through customer support by live chat, telephone or email. Unresolved complaints can be escalated to the Compliance team for an independent review. The Australian complaints policy provides for a written response within 30 calendar days, subject to applicable exceptions. The UK and other regulated entities have their own applicable complaint procedures and external escalation arrangements.
If the broker does not resolve a complaint, escalate to the ombudsman or regulator of the entity that holds your account. BrokerBazaar's Dispute Support Desk can help you document and escalate a case.
Strengths and limitations
- Strength: Established international broker operating since 2010.
- Strength: Multiple regulated entities across major financial jurisdictions.
- Strength: Offers MT4, MT5 and its proprietary ThinkTrader platform.
- Strength: Provides access to several asset classes, including forex, shares, ETFs and futures.
- Strength: Offers Standard, ThinkTrader and ThinkZero accounts with different pricing structures.
- Strength: Publishes detailed contract specifications and trading conditions.
- Strength: Provides 24/5 customer support.
- Strength: Publishes formal complaints policies and regulatory disclosures.
- Limitation: High leverage is available on certain international accounts, increasing potential losses.
- Limitation: Trading conditions and client protections differ across legal entities.
- Limitation: ThinkZero accounts carry commissions on forex and metals.
- Limitation: Spreads can widen during volatile markets and outside normal trading hours.
- Limitation: CFD trading involves overnight financing costs on applicable positions.
- Limitation: Retail CFD trading has a high reported loss rate in some regulated jurisdictions.
- Limitation: Certain products and account types are unavailable in restricted countries.
Who this broker suits, and who it does not
ThinkMarkets is most relevant to traders looking for: Low Spreads, Beginners, Mobile Trading.
It is less suitable for anyone who needs a strict-tier regulator in their own country of residence, for residents of restricted jurisdictions, and for beginners who have not yet understood leverage and margin. Nothing on this page is personal financial advice.
ThinkMarkets change history
Every published fact change, with the previous value and the date it took effect. Each entry says whether the broker made the change itself or our editors checked it against an official source. Regulation and licence claims are always checked by an editor.
No fact changes recorded for ThinkMarkets yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.
Frequently asked questions about ThinkMarkets
Data sources. Broker submission, the regulator registers linked above, web-archive and domain records, and third-party traffic data. No independent licence check date is recorded yet. External ratings: Trustpilot 3.5/5; Google Play Store 4.4/5; WikiFX 8.44/10; Apple App Store 4.8/5; Forex Peace Army 3.15/5.
Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We may receive a referral fee if you open an account with ThinkMarkets through our links; this never affects scores or verification. How we make money. Trading leveraged products carries a high risk of loss.