TF Global Markets (UK) Limited, TF Global Markets (Aust) Pty Ltd, TF Global Markets (South Africa) Pty Ltd, TF Global Markets Int Limited, TF Global Markets (Europe) Ltd, TF Global Markets (Japan) Limited
Founded in 2010
Online since 2010
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Financial Conduct Authority (UK), Australian Securities and Investments Commission (Australia), South African Financial Sector Conduct Authority
Welcome dear traders, today we are putting down the review magnifying glass onto ThinkMarkets - a well-regulated global trading broker. Established in 2010, they have been in the online trading realm since their inception, accumulating a decade's worth of experience. The broker operates under the umbrella of TF Global Markets, with subsidiaries across continents from the UK to Australia, South Africa to Japan, Europe, and other international markets. However, it's crucial to mention that US-based traders are unable to make use of their services.
With an average rating of 2.8, ThinkMarkets has garnered mixed reviews in the trading community. We dug deeper into their offerings, features and regulations to offer some expert insights for your decision-making process. Let's uncover the truth about ThinkMarkets!
Minimum Account Size and Position Size
Offering a much-needed break from hefty initial deposits, ThinkMarkets allows you to set up your trading account with a minimal $1 starting deposit. Paired with a minimum position size of 0.01, this broker provides an excellent opportunity for traders on a budget or beginners looking to get their feet wet in the trading space.
Regulation and Safety
ThinkMarkets holds serious regulation, which is a strong credibility indicator for traders who value security. This commitment to regulation sends a clear message - your investment and trading experience are safeguarded.
Trading Spread and Leverage
The broker seamlessly offers a low spread to its traders, which can immensely improve your trading profitability. Although ThinkMarkets hasn't disclosed the maximum leverage they provide, leverage can be beneficial, but it does come with higher risk, so it’s always important to use it wisely.
Features: Comprehensive and User-centric
At ThinkMarkets, it's not only about executing your trades but also about empowering you with knowledge. They offer free trading education, providing invaluable resources to both novice and experienced traders. Additional features such as MAM (Multi-Account Manager), VPS (Virtual Private Server) for enhanced trading execution, segregated accounts for secure funds, and personal managers for support individuate ThinkMarkets from its counterparts.
If you’re an experienced trader looking for advanced tools, ThinkMarket's PAMM (Percentage Allocation Management Module) provides an avenue to manage multiple accounts with ease.
Final Thoughts: Should You Trade with ThinkMarkets?
If you're comfortable with the 2.8 average consumer rating and you're not a US-based trader, then ThinkMarkets could be a viable option. With commendable regulations, a low minimum account requirement, and a host of user-centric features, ThinkMarkets caters to an array of traders. However, as always, adapting to your personal trading style and risk appetite should be your guiding compass when choosing any broker.
Stay tuned to DayFunded for more broker reviews to help you navigate the trading landscape.
Happy trading!
Disclaimer: This review is meant as an informative guide. It does not constitute financial advice. Always conduct thorough research before choosing a trading broker.
