Forex Broker

Think Markets review

Think Markets

On-line since: 2010
Country of origin: -
Regulation: ASIC, FCA
Payment options: BPAY, wire transfers, payment cards
Minimum account size: $250
Minimum lot size: 0.01 lot
Leverage: 1:500
Spreads: from 0.1 points for EUR/USD

About the company:

Think Markets provides its clients with the opportunity to trade on the OTC market. Think Markets was developed like a company based on the use of automated trading systems. It is regulated by the Australian Securities & Investments Commission (ASIC).
The broker pays special attention to updates of technological infrastructure and high-quality support to its clients. Besides, the company’s main priority is quick order execution and small spreads. An account with Think Markets gives you access to trading in micro-lots that is of special value among beginner traders.
Think Markets provides traders with five types of accounts and more than 35 trading instruments. Trading is carried out through the MT4 and cTrader platforms. Thanks to the ZuluTrade and MirrorTrader forex signals, automated trading is possible. Сlients also obtain free VPS server if their deposit exceeds $2,500.
Just like many other brokerage companies, Think Markets offers various educational materials for traders.
Leave your feedback about Think Markets. Impartial assessment of its work will help other traders avoid mistakes at choosing a suitable company.

Think Markets 7/10 (votes 3192)
Author of Think Markets: Gwenn | Date 2019-12-12
After trading with Think Markets broker in a standard account I have experienced only worst service. As their prices and execution are delays from the real market and I can't apply scalping strategies due to slippage. Till now I have tried hard but I had lost $420 in the different pairs. Also, I have customized the MT4 platform by setting FX asset manager, it also failed to work. The worst things are Think Markets canceled my withdrawal of investing $300. So traders are aware from Think Markets.
Author of Think Markets: Omenio | Date 2019-10-16
Among all the companies that I've made business with, not just on Forex trading, Think Markets has the poorest customer service. I don't know how they hire their representatives but I've encountered a lot of rude and impatient reps. I am asking them my questions because I don't understand the matter. Why do they have to make me feel stupid for not understanding it right away? When I try to clarify the information, they would sound irritated as they would repeat what they told me. Also, even when the trading platform is quite decent, the spreads are wide and fees are high.
Author of Think Markets: Zahra Ryani | Date 2019-09-09
In last year, I joined to trade with Think Markets because I was impressed by their promo about bonus. Therefore, I opened account at Think Markets, and I deposited $100. Of course, I received bonus after I put $100. Hence, I put more money with $500, but I got nothing. Then, I sent them many emails to ask about this issue, and their support always gave me same reply that I wait in some days. Until now, I still got no bonus, and this broker blocked my account. I don’t know what happen in my account. I called them again, but there had no response. Their customer support is terrible. Finally, I loss over $500 at this broker, it’s so bad.
Author of Think Markets: Baten | Date 2019-08-04
I have disappointed with Think Market's trader platform on a Pro-account, where I got the worst execution ever. Also, their price quote is different from the current market too. As when I was open a position, then it slippage almost 40 pips and SL activated 10 to 20 pips below. So I have getting lost $2K and now I have moved another broker.
Author of Think Markets: Aiulyef | Date 2018-12-13
I just want to report what Think Markets is doing that is not acceptable. Three months ago I started with their Pro Account and deposited $2000. Actually I join this broker because only they have OSX app which is great. And I made more than $1000 profit just in two months, Two weeks ago when I try withdraw profit of $800, they remove more than $300 from my profit. When I asked them they email me that their company have right to do that without any explanation. Is there any one who can help to make report against with them?
Author of Think Markets: Nalezhka | Date 2018-10-03
Think Markets could have been excellent if only they were honest in their advertisements and claims. The platform works well. I have no issues with regards to that. But they claim that their spreads are fixed from 0.1 to 0.8 pips when in reality, their spread is usually at 3 pips. This wouldn't have been a problem if they only stated that right away. Then they also say that withdrawals are processed within 24 hours. But on the two times I withdrew, it took them 5 days to transfer it. Take note that I submitted all the documents required. I'm still staying with them nonetheless since I'm still profiting and I still receive the money. But I just hope they put a stop on their false advertisements. Because that will just disappoint their future clients.
Author of Think Markets: felizvar | Date 2018-07-31
I am quite disappointed with the services of Think Markets. First of all, their platform is very confusing and difficult to operate especially for a beginner like me. It took me a long time to get a hold of what was going on. It is also unstable. I lost 20 pips on GBP/JPY due to delays and faulty execution. I contacted the customer support team but they didn’t provide much help. They simply told me that there is no problem in their server and that the problem might be with my internet connection. But I have a speedy connection! They try to pass the blame on me when it’s clearly their unreliable system’s fault.
Author of Think Markets: Carinafx | Date 2018-03-26
My first experience with demo account was good with Think Markets, but after I opened a real account and deposited 250$ with Skrill, the problems started. Delays on the platform MetaTrader 4, or crashing and taking my positions with it. I lost 15 pips on EUR/JPY because of the delays and I was unable to close my position. I called their support team, but they can't figure out why they have this delays because they see their server working fine. Well is not true. I lost 100$ within the first 10 days. I will withdraw my funds because I can't trade in normal market conditions.
Author of Think Markets: Kenny | Date 2018-02-07
Thinkmarkets has no proper policy and their system is faulty, Every time when the market is busy I cannot log in to the system. Especially when the market is good. The end result is that I lost all my money of $500 as the positions are automatically closed at stop loss point.
Author of Think Markets: pipsaketthat | Date 2017-11-22
After trading for 2 month, I guess better you choose other broker than Think Markets. First time, I was very satisfied with the results I get and also the services they provid. By trading only $250 minimum account size, I got almost 30% profit. But last month I have trouble doing trading and when I saw the result, I do not get my profit and bonus for twice trading I've made. They never seriously deal with traders and never to improving the quality of the broker. Systems and servers used often problematic and all the trading process is disturbed, troubled and late executions. Now I am disappointed with this broker and I regret registering and trading here.
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