ThinkMarkets trading conditions
Compare available leverage, margin, execution, spreads, commissions, swaps, stop-out levels and permitted trading styles.
Also known as ThinkForex, ThinkPrime
- Editorial score
- 8.4/10How we scored ThinkMarkets
- User rating
- No user ratings yet
- Regulatory status
- ASICFCACySECFSCA (South Africa)+5
- Country
- United Kingdom
- Established
- Established 2010
- Website
- thinkmarkets.com
ThinkMarkets may have a commercial relationship with 88 Forex Brokers. Paid placement is labelled separately and does not allow payment alone to determine the editorial score.
Compare available leverage, margin, execution, spreads, commissions, swaps, stop-out levels and permitted trading styles.
ThinkMarkets trading conditions
Trading conditions vary by account, platform, legal entity and client classification. The figures below reflect the latest information available to 88 Forex Brokers and should be confirmed before trading.
Spreads and commissions
ThinkMarkets advertises spreads from 0.0 pips on ThinkTrader. The stated commission is US$3.50 per side / US$7 round turn, ThinkZero. Typical or live pricing may be higher than the advertised minimum, particularly outside liquid trading hours or during volatile markets.
A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.
Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.
ThinkMarkets lists a minimum deposit of $10. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.
- Spread type
- Variable
- EUR/USD average spread
- 0.1 pips, ThinkZero
- GBP/USD average spread
- Approx. 0.3 pips, ThinkZero
- Commission
- US$3.50 per side / US$7 round turn, ThinkZero
- All-in cost, EUR/USD
- Approx. 0.8 pips
Leverage and margin
Maximum leverage is reported as 1:30, although the available limit depends on the account entity, instrument, client classification and local rules. Higher leverage increases both potential gains and losses and can lead to rapid account depletion.
Execution model
ThinkMarkets describes its execution model as Hybrid principal/STP execution. The available information indicates an average execution speed of Approx. 50ms, order types of Market, limit, stop, stop-loss, take-profit, trailing stop and servers in London and global financial data centres. Execution labels are not standardised across the industry, so review the order-execution policy and conflict disclosures rather than relying on a single term.
Trading rules
- Expert advisers
- Yes; MT4/MT5 Expert Advisors and automated trading
- Copy trading
- Yes
- Negative balance protection
- Yes, retail clients
Scalping, Hedging, Stop-out level and Guaranteed stop loss: the broker does not publish enough information for us to confirm this trading condition.
Account terms may differ by entity and country.
Back to the ThinkMarkets overviewRead the full editorial reviewCompare ThinkMarkets with other brokers