ThinkMarkets offers ThinkTrader, TradingView, MT4 and MT5 with 4,000+ instruments and leverage of up to 1:500 on Standard and ThinkZero accounts. International clients contract with a Seychelles-licensed entity.
Spreads from
0.4 pips
Commission
$7 per lot round-turn
Min deposit
$10
Established
2010
Regulated by
FCA · ASIC · CySEC · FSCA (South Africa) · FSA · CIMA (Cayman Islands)
Written byLaverlane Team·Updated24 Oct 2026
Researched with AI assistance and verified by our editors
Regulation
The broker lists many regulators, but international clients sit with an offshore entity.
The website lists regulators including ASIC, the FCA, the FSCA in South Africa, the Seychelles FSA, CySEC, the Mauritius FSC, DFSA, CIMA and the NZFMA. TF Global Markets Int Limited is authorised by the Seychelles Financial Services Authority under reference SD060.
The website says clients engage with TF Global Markets Int Limited unless otherwise stated, so international clients sit with an offshore Tier-3 licensee, with no statutory investor compensation scheme.
Key facts
ThinkMarkets has operated since 2010.
Client-facing entity
TF Global Markets Int Limited (Seychelles)
Regulators
FCA, ASIC, CySEC, FSCA (South Africa), FSA, CIMA (Cayman Islands)
Restricted countries
US, CA, BM, AU, GB, RU, IN, LC, JP, AT, BE, BG, HR, CY, CZ, DK, EE, FI, FR, DE, GR, HU, IE, IT, LV, LT, LU, MT, NL, PL, PT, RO, SK, SI, ES, SE
Negative-balance protection
Yes
Minimum deposit
$10
Max leverage (offshore entity)
Standard and ThinkZero 1:500
Max leverage (offshore entity)
ThinkTrader 1:2500
Max leverage (offshore entity)
Gold and Crypto 1:1000
Max leverage (offshore entity)
Commodities 1:400
Max leverage (offshore entity)
Stock and ETF CFDs 1:10
Typical EUR/USD spread
1.2 pips
Platforms
MT4, MT5, TradingView, Proprietary
Account currencies
USD, EUR, GBP, AUD, USDt, SGD, CHF, NZD, AED, QAR
The group began as ThinkForex in 2010-2011 and rebranded as ThinkMarkets in 2016. It reports clients in more than 165 countries, 4,000+ instruments and 24/7 client support in 20+ languages.
The website is owned and operated by TF Global Markets (Aust) Pty Limited, while clients engage with the entity named in their terms and conditions.
Best for
Pros & cons
Fund safety
Client funds are segregated, but no statutory compensation scheme applies offshore.
ThinkMarkets says client funds are held in segregated bank accounts, separate from its own operational funds. Retail accounts also benefit from negative balance protection.
The Seychelles and Cayman Islands entities carry no statutory investor compensation, unlike the FSCS and ICF cover on the UK and EU entities, which isn't available to international clients.
Account terms
ThinkMarkets publishes its terms and policies.
The legal documents page lists the Terms and Conditions, Risk Disclosures, Margin Call Policy, Fair Execution Policy, Conflicts of Interest and Dispute Handling documents.
Swap-free accounts are available at ThinkMarkets' discretion for clients who can't receive or pay interest for religious reasons.
Costs
Costs range from commission-free pricing to raw spreads with commission.
Standard and ThinkTrader accounts charge no commission, with spreads starting from 0.4 pips. The ThinkZero account offers raw spreads from 0.0 pips with a commission of USD 7 per lot round-turn on forex, gold and silver.
ThinkMarkets doesn't charge fees on deposits or withdrawals, though bank charges may apply. Swaps apply to positions held overnight.
| Instrument | Asset class | Typical spread | Unit |
|---|---|---|---|
| EUR/USD | Forex CFD | 1.2 | pips |
| GBP/USD | Forex CFD | 1.5 | pips |
| USD/JPY | Forex CFD | 1.4 | pips |
| US 100 (Nasdaq) | Index CFD | 1.8 | points |
| US 500 (S&P 500) | Index CFD | 0.5 | points |
| XAU/USD (Gold) | Commodity CFD | 1.8 | $ / oz |
| US Crude Oil | Commodity CFD | 3 | $ / bbl |
| BTC/USD | Crypto CFD | 35 | $ |
Spreads shown are typical, not guaranteed, and widen during volatile sessions or outside main market hours. Figures reflect the broker's standard retail account.
Markets
ThinkMarkets lists more than 4,000 instruments.
Forex CFD
45 pairs
Index CFD
18 indices
Commodity CFD
Metals, energies, softs
Single-Stock CFD
3500 shares
Crypto CFD
Available ✓ · Weekend trading ✓
Real ownership: Stocks / ETFs
N/A for this broker, CFDs only
Markets include more than 45 forex pairs, 18 indices, commodities, stocks, 300+ ETFs, crypto CFDs and synthetic indices. Crypto CFDs trade 24/7, including weekends.
All products are CFDs, so you don't own the underlying asset.
Platforms
Trading runs on ThinkTrader, TradingView, MT4 and MT5.
ThinkTrader is ThinkMarkets' own web and mobile platform for iOS and Android, with up to 200 cloud-based alerts. You can also connect to TradingView, or trade on MT4 and MT5 with Expert Advisors.
The ThinkZero account is available on MT4 and MT5.
Execution
ThinkMarkets says there is no dealing desk.
ThinkMarkets says orders are executed automatically with no dealing desk and no manual intervention, and claims a 99.9% fill rate. The legal documents page includes a Fair Execution Policy.
The website doesn't publish detailed execution statistics.
Leverage
Leverage reaches 1:500 on Standard and ThinkZero accounts.
Standard and ThinkZero accounts offer up to 1:500, and ThinkTrader up to 1:2500. Gold and crypto offer dynamic leverage of up to 1:1000, commodities up to 1:400, and stock and ETF CFDs up to 1:10. The website gives different maximums for the ThinkTrader account on different pages.
Positions are liquidated if equity falls to 50% of used margin.
Account types
The broker offers Standard, ThinkTrader and ThinkZero accounts.
| Account | Min deposit | Commission | Swap | Spread | Demo | Islamic |
|---|---|---|---|---|---|---|
| Standard | $50 | Spread-only | Floating overnight rate; swap-free available | From 0.4 pips · Variable | Yes | Yes |
| ThinkTrader | $10 | Spread-only | Floating overnight rate; swap-free available | From 0.4 pips · Variable | Yes | Yes |
| ThinkZero | $100 | $7 per lot round-turn | Floating overnight rate; swap-free available | From 0 pips · Variable | Yes | Yes |
Minimum deposits listed on the account types page are $50 for Standard, $10 for ThinkTrader and $100 for ThinkZero. All accounts trade from 0.01 lots, and a swap-free account is available.
A demo account is available, and professional accounts are offered in certain jurisdictions.
Funding
The broker charges no fees on deposits and withdrawals.
Funding methods include bank wire, cards, Skrill, Neteller and cryptocurrency, and available methods depend on your region. Withdrawals are processed 24/5, typically within 4 hours, and ThinkMarkets aims to process all withdrawals within 24 hours.
Withdrawals return to the original funding method, bank wires take 3-5 business days, and the minimum withdrawal is USD 100.
Support
Support is available 24/7.
The broker offers 24/7 support by live chat, WhatsApp, email and phone, with a multilingual team speaking 20+ languages and a Help Centre.
Research includes market news and analysis, and education covers the Trading Academy with articles and videos.
Availability
The website isn't directed to residents of many major jurisdictions.
The broker says its website isn't directed to residents of the United States, Canada, Bermuda, the European Union, Australia, the United Kingdom, Russia, India, Saint Lucia and Japan.
If a provider isn't licensed in your country, sending money abroad carries extra risks: you may have little or no local legal recourse or compensation if something goes wrong, bank transfers and currency conversion can add costs, and exchange-rate moves can change what you receive. Check that a provider is authorised where you live before you deposit.
Verdict
ThinkMarkets pairs more than 4,000 instruments, a raw-spread ThinkZero account and a choice of ThinkTrader, TradingView, MT4 and MT5 with negative balance protection and free deposits and withdrawals. The trade-off is regulatory: the website says clients engage with TF Global Markets Int Limited, licensed by the FSA in Seychelles, so no Tier-1 regulator oversees their accounts and no statutory compensation scheme applies.
ThinkMarkets may suit you if you want raw spreads on a ThinkZero account, a wide range of markets and your choice of ThinkTrader, TradingView or MetaTrader. It is less suitable if you need Tier-1 oversight or statutory compensation cover.
It's aimed at active forex and CFD traders, Expert Advisor users and TradingView users who are comfortable with high leverage and an offshore broker. Newer traders who want strict leverage caps and statutory protection may prefer a Tier-1 regulated broker.
FAQ
The broker is an online CFD and forex broker established in 2010, with clients in more than 165 countries. It offers more than 4,000 instruments across forex, commodities, indices, stocks, crypto and ETFs on ThinkTrader, TradingView, MT4 and MT5.
ThinkMarkets operates through several entities and lists regulators including the FCA, ASIC, CySEC, FSCA, the Seychelles FSA, the Mauritius FSC, DFSA, CIMA and NZFMA. The website says clients engage with TF Global Markets Int Limited, licensed by the Seychelles FSA (SD060), unless otherwise stated, so international clients sit with an offshore Tier-3 licensee.
Standard and ThinkZero accounts offer leverage of up to 1:500, and the ThinkTrader account up to 1:2500. Gold and crypto offer dynamic leverage of up to 1:1000, commodities up to 1:400, and stock and ETF CFDs up to 1:10.
Submit a withdrawal in ThinkPortal under Funding. ThinkMarkets returns funds to the original deposit method, aims to process withdrawals within 24 hours and charges no withdrawal fee itself, though bank wires take 3-5 business days and bank charges may apply.
No. The broker says it can't open accounts for US residents. The website also isn't directed to residents of Canada, Bermuda, the EU, Australia, the UK, Russia, India, Saint Lucia or Japan.
Alternatives
Eightcap offers CFDs on 850+ markets through TradingView, MetaTrader 4, MetaTrader 5 and TradeLocker, with a Raw account that starts from 0.0 pips. Clients outside the regulated regions contract with Eightcap Global Limited in The Bahamas, which carries no statutory compensation scheme.
Octa offers swap-free forex and CFD trading on OctaTrader, MetaTrader 4 and MetaTrader 5, with no trading commission and a $25 minimum deposit. Accounts on octabroker.com are with Versustrategy Inc, registered in Saint Lucia, and the legal documents page lists no financial regulator.
JustMarkets offers leverage of up to 1:3000, swap-free trading and MT4, MT5 and its own app, but international clients contract with an offshore Seychelles entity without a statutory compensation scheme.
FXCM offers forex and CFD trading on Trading Station, MetaTrader 4 (MT4) and TradingView. Accounts on the international website are with Stratos Global LLC, an offshore entity in St Vincent and the Grenadines that sits outside the group’s regulated companies.
IronFX operates as a retail CFD broker providing high leverage up to 1:1000 on MetaTrader 4, but international clients contract through an offshore entity without statutory compensation protection.
CFI Financial offers MT5, TradingView and its own app with no minimum deposit and leverage of up to 1:500. International clients trade with CFI International Ltd, licensed in Mauritius.
EC Markets offers MT4, MT5 and its own app with a $10 minimum deposit on STD and ECN accounts and leverage of up to 1:1000. International clients trade with the Mauritius-licensed entity.
FBS offers accessible trading conditions with low entry deposits, but international clients contract with an offshore entity without statutory compensation protection.
General CFD risk warning
CFDs are complex leveraged products and carry a high risk of rapid losses. They do not give you ownership of the underlying asset. Depending on your jurisdiction, broker entity and client classification, protections such as leverage limits and negative-balance protection may differ or may not apply. Where negative-balance protection is not provided, losses may exceed the funds you deposit. You should consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.
Disclaimer
This page is provided for general information only. Nothing on this page constitutes investment, tax or trading advice, or a recommendation to open an account or trade with a particular broker. Laverlane does not provide personalised investment advice. We are not a broker or financial institution, we do not arrange or execute trades, and we do not hold client funds.
Broker availability, spreads, fees, leverage, products and legal protections, including compensation schemes and negative-balance protection, vary by the broker’s legal entity, your country of residence and your client classification, and may change over time. Where a broker is required to publish its retail CFD loss rate, that figure is shown on its review page. Spreads shown are typical figures as at our verification date; they are not guaranteed and may widen, particularly during volatile market conditions.
Laverlane Scores reflect the information available at our most recent review. They are editorial assessments, not guarantees of a broker’s financial strength, reliability or future performance. Where we report a regulator warning or enforcement notice, it reflects the official public information available at the time of our review.
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