Overall, ThinkMarkets offers cashback on the Standard and ThinkZero Accounts up to $27.32 per lot on Precious Metals.
🔎 ThinkMarkets Account | 🥇 Standard | 🥈 ThinkZero |
📈 Forex | $4.25 per lot | $1.50 per lot |
📉 Indices | Up to $1.943 per contract | Up to $1.943 per contract |
🪙 Cryptocurrency | Up to $5.34 per lot, per contract | Up to $4.40 per lot, per contract |
💎 Precious Metals | XAU/USD - $4.85 per lot XAU/USD Mini - $0.485 per lot XAG/USD - $27.32 per lot XAG/USD Mini - $2.732 per lot | Gold - $0.50 per lot Silver - $2.50 per lot |
💡 Energies | Up to $1.943 per contract | Up to $1.943 per contract |
💴 Payment Frequency | ThinkMarkets offers Real-Time Reports Cashbacks are paid monthly | ThinkMarkets offers Real-Time Reports Cashbacks are paid monthly |
ThinkMarkets Cashback Rebates – 30 Key Point Quick Overview
- ✅ ThinkMarkets Rebates Summary
- ✅ How to Open a Forex Cashback Account with ThinkMarkets (via SAShares)
- ✅ ThinkMarkets vs. Notable Other Brokers – Forex Rebate Comparison
- ✅ Number of Traders participating in ThinkMarkets Cashback Rebates
- ✅ Detailed Summary of ThinkMarkets
- ✅ Geolocation of Traders
- ✅ Popularity among traders who choose ThinkMarkets
- ✅ ThinkMarkets – Advantages over Competitors
- ✅ Who will Benefit from Trading with ThinkMarkets?
- ✅ ThinkMarkets Regulation and Safety of Funds
- ✅ ThinkMarkets Awards and Recognition
- ✅ ThinkMarkets Account Types and Features
- ✅ How to open an Account with ThinkMarkets
- ✅ ThinkMarkets vs. Other Notable Brokers
- ✅ ThinkMarkets Trading Platforms
- ✅ Which Markets Can You Trade with ThinkMarkets?
- ✅ ThinkMarkets Trading and Non-Trading Fees
- ✅ ThinkMarkets Deposits and Withdrawals
- ✅ ThinkMarkets Education and Research
- ✅ ThinkMarkets Bonuses and Current Promotions
- ✅ How to open an Affiliate Account with ThinkMarkets
- ✅ ThinkMarkets Customer Support
- ✅ ThinkMarkets Alternatives
- ✅ ThinkMarkets VPS Review
- ✅ ThinkMarkets Web Traffic Report
- ✅ ThinkMarkets Pros and Cons
- ✅ ThinkMarkets Customer Reviews
- ✅ Recommendation for Improving ThinkMarkets Cashback Rebates
- ✅ Our Verdict on ThinkMarkets
- ✅ ThinkMarkets Frequently Asked Questions
ThinkMarkets Rebates Summary
- ✅ ThinkMarkets has an overall rating of 4.5 / 5
- ✅ ThinkMarkets has a Real Customer Rating of 4.6 / 5
ThinkMarkets Cashback Forex Conditions
- ✅ ThinkMarkets no longer accepts traders from Australia.
- ✅ Trading in cryptocurrencies is forbidden through the UK ThinkMarkets entity.
ThinkMarkets Additional Notes on Cashback Rebates
The pure expenses of trading with ThinkMarkets are $9 on the Standard Account and $6.35 on the ThinkZero Account, excluding the rebate.
How to Open a Forex Cashback Account with ThinkMarkets (via SAShares)
You can follow these steps to register for a Forex Cashback Account with ThinkMarkets via SAShares.
For New Accounts
If you do not have an existing account with ThinkMarkets, you can easily obtain a cashback rebate in three easy steps.
Step 1: Visit the ThinkMarkets Website
Visit the ThinkMarkets website and click “Open New Account.”
Step 2: Submit a Trading ID
Submit your Trading ID to us: [SAShares]
For Example:
To: [SAShares]
Subject: New ThinkMarkets Rebate Application
“Dear SAShares Team,
Please view my ThinkMarkets Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.”
Step 3: Wait for Approval
Wait for approval, which will be sent within [amount of hours]. Once approval is given, you will automatically receive your cashback rebates from the ThinkMarkets system.
For Existing Accounts
If you have an existing ThinkMarkets account, you can get a cashback rebate by following these easy steps.
Step 1: Send an email to ThinkMarkets: [email protected]
Request that the broker transfer the trading account under the following SAShares Affiliate ID: [SAShares]
For Example:
To: [SAShares]
Subject: Account Transfer Request
“Dear ThinkMarkets Partner/Affiliate Team,
I would hereby like to request that my account be transferred to IB/Partner/Affiliate code [SAShares Code]. Furthermore, I would at this moment like to request to be assigned under the mentioned IB regardless of whether my account falls under an umbrella or parent IB.”
Step 2: Create an Additional Trading Account
Once you receive confirmation of the transfer from ThinkMarkets, you can create an additional trading account.
Step 3: Contact SAShares
Lastly, you can send your Trading or Client ID to [SAShares].
For Example:
To: [SAShares]
Subject: New ThinkMarkets Rebate Application
“Dear SAShares Team,
Please view my ThinkMarkets Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.”
ThinkMarkets vs. Notable Other Brokers – Forex Rebate Comparison
To view ThinkMarkets’ comprehensive Forex Rebate Program, we compared forex rebates with other notable brokers using the rebate ECN, VIP, or Professional Forex Rebate Accounts.
🔎 Brokers | 🥇 ThinkMarkets | 🥈 Axi | 🥉 HFM |
📈 Forex | $4.25 per lot | Up to 0.3 pips / $1.5 | $4 |
💡 Energies | Up to $1.943 per contract | Up to $0.2 per lot | $0.50 |
🪙 Cryptocurrency | Up to $5.43 per lot, per contract | Up to $2.50 | n/a |
💎 Precious Metals | XAU/USD - $4.85 per lot XAU/USD Mini - $0.485 per lot XAG/USD - $27.32 per lot XAG/USD Mini - $2.732 per lot | 0.3 pips / $1.50 | $4 |
📉 Indices | Up to $1.943 per contract | Up to $0.6 per lot | $0.50 |
📊 Shares | n/a | Up to $0.01 | $0.50 |
🚀 Futures | n/a | Up to $0.6 per lot | - |
Number of Traders participating in ThinkMarkets Cashback Rebates
There is no indication of how many of the 450,000+ clients currently use ThinkMarkets’ cashback rebates program.
Detailed Summary of ThinkMarkets
🔎 Headquartered | London and Melbourne |
🌎 Global Offices | Chicago, London, Limassol, Sofia, Dubai, Bangkok, Johannesburg, Hanoi, Tokyo, Kuala Lumpur, Melbourne |
📈 Year Founded | 2010 |
📉 Regional Restrictions | United States, Canada, the European Union, Australia, the United Kingdom, Japan |
☪️ Islamic Account | ✅ Yes |
🆓 Demo Account | ✅ Yes |
🅰️ Non-expiring Demo | ✅ Yes |
🅱️ Demo Duration | Unlimited on ThinkTrader. MT4/5 will expire after 90 days of inactivity |
2️⃣ Retail Investor Accounts | 2 |
↪️ PAMM Accounts | ✅ Yes |
💧 Liquidity Providers | Unknown |
🥰 Affiliate Program | ✅ Yes |
💻 Order Execution | Market, Instant |
🖥️ OCO Orders | None |
🫰🏻 One-Click Trading | ✅ Yes |
📈 Scalping Allowed | ✅ Yes |
📉 Hedging Allowed | ✅ Yes |
📰 News Trading Allowed | ✅ Yes |
💹 Expert Advisors (EAs) Allowed | ✅ Yes |
📌 Trading API | ✅ Yes |
💴 Cashback Forex Calculator offered | None |
💵 Cashback Forex Lot Size Calculator | None |
💶 Cashback Forex Compounding Calculator | None |
📊 Starting spread | 0.0 pips EUR/USD |
💷 Minimum Commission per Trade | US$7 per lot, per round turn |
🔢 Decimal Pricing | Fifth place after the comma |
💹 Margin Call | 100% |
⛔ Stop-Out | 50% |
📈 Minimum Trade Size | 0.01 lots |
🪙 Crypto trading offered | None |
📉 Maximum Leverage | 1:500 |
📊 Leverage Restrictions | None |
💰 Minimum Deposit (USD) | $0 |
⏰ Minimum Withdrawal Time | 1 business day |
🕰️ Maximum Estimated Withdrawal Time | 7 Business Days |
⌛ Instant Deposits and Instant Withdrawals | ✅ Yes |
🔁 Segregated Accounts | ✅ Yes |
📈 Trading Platform Time | UTC +03:00 |
📉 Observe DST Change | ✅ Yes |
📊 DST Change Time zone | Eastern Standard Time (EST) |
🔊 Customer Support Languages | Multilingual |
🚩 Copy Trading Support | None |
⏰ Customer Service Hours | 24/7 |
🎁 Bonuses and Promotions | ✅ Yes |
🖍️ Education for beginners | ✅ Yes |
💻 Proprietary trading software | ✅ Yes |
🖥️ Is ThinkMarkets a safe broker for traders | ✅ Yes |
🔟 Rating for ThinkMarkets | 8/10 |
💯 Trust score for ThinkMarkets | 86 |
Geolocation of Traders
Most of ThinkMarkets’ market share is concentrated in these areas:
- ✅ India – 15.18%
- ✅ Vietnam – 9.39%
- ✅ Taiwan – 7.59%
- ✅ South Africa – 5.40%
Countries not accepted by ThinkMarkets
ThinkMarkets does not currently accept clients from these regions:
- ❎ United States
- ❎ Canada
- ❎ The European Union
- ❎ Australia
- ❎ United Kingdom
- ❎ Japan
ThinkMarkets Current Expansion Focus
ThinkMarkets is currently expanding across Asia, Africa, and Bermuda.
Popularity among traders who choose ThinkMarkets
ThinkMarkets is one of the top 300 brokers in the world that serve retail and institutional clients.
ThinkMarkets – Advantages over Competitors
ThinkMarkets has the following advantages over its competitors:
- ✅ ThinkMarkets offers investor protection to eligible clients.
- ✅ All client funds are kept in segregated accounts with top-tier banks, separate from ThinkMarkets’ funds.
- ✅ Traders can choose from more than 3,600 financial instruments that can be traded.
- ✅ The spreads that can be expected starting from 0.0 pips EUR/USD on the ThinkZero Account.
- ✅ ThinkMarkets offers an unlimited demo account and the option for a live account to be converted into an Islamic Account.
- ✅ Provides a powerful proprietary trading platform.
- ✅ Comprehensive educational materials are available.
Well-regulated by three Tier-1, two Tier-2, and three Tier-3 regulators with a trust score of 86%.
Who will Benefit from Trading with ThinkMarkets?
ThinkMarkets caters to all types of traders, from beginners to professionals. Based on the account types, trading conditions, and features offered, retail and institutional traders, affiliates, and those who want to earn forex rebates will benefit from using ThinkMarkets.
ThinkMarkets Regulation and Safety of Funds
ThinkMarkets Global Regulations
🔎 Registered Entity | 🌎 Country of Registration | 📌 Registration Number | 📍 Regulatory Entity | 📉 Tier | ↪️ License Number/Ref |
1️⃣ TF Global Markets (Aust) Limited | Australia | ABN 69 158 361 561 | ASIC | 1 | AFSL 424700 |
2️⃣ TF Global Markets (Japan) Limited | Japan | Kanto Local Finance Bureau (FIBO) No.250 | JFSA | 1 | 9011101038358 |
3️⃣ TF Global Markets (UK) Limited | United Kingdom | 09042646 | FCA | 1 | FRN629628 |
4️⃣ TF Global Markets (Europe) Ltd | Cyprus | HE 321503 | CySEC | 2 | 215/13 |
5️⃣ TF Global Markets (South Africa) Pty Ltd | South Africa | 2017/098181/07 | FSCA | 2 | FSP 49835 |
6️⃣ TF Global Markets (International) Ltd. | Cayman Islands | - | CIMA | 3 | 1612531 |
7️⃣ TF Global Markets International Ltd. | Seychelles | - | FSA | 3 | FRN SD060 |
8️⃣ TF Global Markets International Ltd. | Mauritius | - | FSC | 3 | TF Global Markets Int. Ltd |
How ThinkMarkets Protects Traders and Client Funds
🔎 Security Measure | ℹ️ Information |
🔒 Segregated Accounts | ✅ Yes |
🔏 Compensation Fund Member | ✅ Yes |
🔐 Compensation Amount | 20,000 EUR |
🔓 SSL Certificate | None |
🔒 2FA (Where Applicable) | ✅ Yes |
🔏 Privacy Policy in Place | ✅ Yes |
🔐 Risk Warning Provided | ✅ Yes |
🔓 Negative Balance Protection | ✅ Yes |
🔒 Guaranteed Stop-Loss Orders | None |
ThinkMarkets Awards and Recognition
According to ThinkMarkets’ website, the company has been recognized for the following honors in recent years as a broker:
- ✅ Best Customer Service Broker in 2022 – Business Outlook
- ✅ Best Trading Platform in 2022 – Business Outlook
- ✅ Best Trading Platform 2022 – World Finance
- ✅ Best FX Mobile Trading App 2022 – World Finance
Finally, ThinkMarkets was awarded the Best Gold CFD Provider 2022 – World Finance.
ThinkMarkets Account Types and Features
ThinkMarkets offers a variety of trading accounts to meet the diverse demands of traders. Standard account and ThinkZero account are the two primary accounts. The ThinkZero account has the lowest spreads while charging a competitive fee that only applies to forex and metals.
🔎 Live Account | 💴 Minimum Dep. | 📈 Average Spread | 💶 Commissions | 💷 Average Trading Cost |
🅰️ Standard | $0 | 1.2 pips | None | 12 USD |
🅱️ ThinkZero | $500 | 0.0 | $7 | 8 USD |
ThinkMarkets Standard Account
The standard account is the most basic account type, with spreads beginning at 0.4 pips and averaging 1.2 pips. There is no necessary minimum balance and no commission fee.
If traders are not using scalping or other fast-paced strategies, or if their trading style does not need reduced spreads, this account should be adequate for most traders.
📈 Typical Spreads | Forex – 0.4 pips minimum Forex – 1.2 pips average Metals – from $0.25 CFDs – 0.4 points |
📉 Commission Charges | None, only the spread is charged |
📊 Minimum Operating Balance | $0 |
📌 Contract Size | 1 Standard Lot (100,000 units of the base currency) |
📍Maximum Leverage Available | Up to 1:500 on major instruments |
💹 Maximum Position Size | 50 Lots |
▶️ Server Locations | LD5 and HK4 |
⏩ Platforms Available | ThinkTrader MetaTrader 4 MetaTrader 5 |
⏰ Customer Support Hours | 24/7 |
👤 Account Manager Provided | No |
💻 Eligible for free VPS | Yes, to eligible clients |
ThinkMarkets ThinkZero Account
Spreads for ThinkZero accounts begin at 0 pips, with an average forex spread of 0.1 pips. The required minimum balance is $500, and a commission fee of $3.5 per side applies only to forex and metals. In addition, clients who trade at least 15 round lots every month get a free VPS.
ThinkZero account users may also trade larger quantities compared to Standard account holders. In addition, ThinkZero accounts provide a resolute account manager as an extra perk.
📈 Typical Spreads | Forex – 0.0 pips minimum Forex – 0.1 pips average Metals – from $0.08 CFDs – 0.4 points (zero commission) |
📉 Commission Charges | $3.5 per side, per standard lot on Forex and Metals |
📊 Minimum Operating Balance | $500 |
📌 Contract Size | 1 Standard Lot (100,000 units of the base currency) |
📍 Maximum Leverage Available | Up to 1:500 on major instruments |
↪️ Maximum Position Size | 100 Lots |
💻 Server Locations | LD5 and HK4 |
💹 Platforms Available | ThinkTrader MetaTrader 4 MetaTrader 5 |
❤️ Customer Support Hours | 24/7 |
👤 Account Manager Provided | ✅ Yes |
🖥️ Eligible for free VPS | ✅ Yes, to eligible clients |
ThinkMarkets Demo Account
Beginner traders will find ThinkMarkets an inviting environment, with a well-organized education area for traders of varying skill levels and semi-regular market analyses. Furthermore, Demo accounts on MT4 and MT5 will expire after 90 days of inactivity. However, demo accounts on ThinkTrader will never expire.
ThinkMarkets Islamic Account
ThinkMarkets allows Sharia-compliant forex traders to create an Islamic Account. Islamic trading accounts pay a fixed fee for open positions instead of paying and receiving swap rates depending on interest rates. Additionally, ThinkMarkets charges a flat weekly administration fee rather than swaps (also known as overnight fees or rolling costs) for positions held for seven days or longer.
When trading major currency pairs, Islamic account holders incur a $5 financing cost, while minor forex pairs incur a $10 fee. Before registering an account, you should also examine the trading platform extensively to understand market volatility, target market determination methodologies, and general trading terminology.
ThinkMarkets Professional Account
ThinkMarkets offers a Professional Account to those who are eligible. The following are the criteria that traders must fulfill to be considered for the Pro Account:
- ✅ Traded a substantial amount of CFDs (at least 10 lots every quarter for the preceding four (4) quarters).
- ✅ Have a portfolio worth more than €500,000.
Have at least one year of professional experience in the financial industry where you were needed to understand CFD transactions or services.
ThinkMarkets PAMM/MAM Accounts
ThinkInvest, the investing solution service of ThinkMarkets, offers you a one-of-a-kind chance to enhance your income and get reimbursed for your trading expertise. This is your opportunity if you are a successful trader eager to take the next step. The ThinkMarkets Money Manager partnership program is open to anybody with trading skills and financial expertise.
By signing up for the ThinkInvest service, you can access a sophisticated platform where your performance will be shown to a huge pool of investors who can choose you to manage their assets. You are also permitted to set your own restrictions, such as the minimum amount of beginning capital and the cost you intend to charge for your services.
The ThinkMarkets algorithm rates your performance against other Money Managers and adds it to a scoreboard. Furthermore, the clever ThinkMarkets portal system distributes all payments and revenues automatically.
How to open an Account with ThinkMarkets
To register a live trading account with ThinkMarkets, you can follow these steps:
- ✅ You must click the “Create Account” option on the ThinkMarkets site to be led to the account registration page. Traders have the option of opening either a real or a demo account.
- ✅ On the ThinkMarkets registration form, traders must indicate their country of residence and the type of asset they want to trade – either shares or CFDs.
- ✅ Next, traders must provide their identification number and tax number.
- ✅ Traders must provide their personal information, such as name, email address, and date of birth, and choose a password.
- ✅ Then, traders can choose their platform (MT4, MT5, or ThinkMarkets’ platform).
- ✅ The subsequent stage entails entering one’s financial information, including job and financial standing.
- ✅ Typically, verification takes less than 48 hours, and ThinkMarkets requires the following:
- ✅ ThinkMarkets accepts all government-issued identity papers, including passports, national ID cards, driver’s licenses, and other government-issued IDs.
Proof of Address – The proof of residence/address document must have been issued in the account holder’s name within the last six months and must include the trader’s complete name, current home address, issuance date, and issuing authority.
ThinkMarkets vs. Other Notable Brokers
🔎 Broker | 🥇 ThinkMarkets | 🥈 easyMarkets | 🥉 Exness |
💴 Withdrawal Fee | None | None | No |
🆓 Demo Account | ✅ Yes | ✅ Yes | ✅ Yes |
💵 Min Deposit | $0 | $25 | $10 |
📈 Leverage | Up to 1:500 | Up to 1:400 | Unlimited |
📉 Spread | Variable, from 0.0 pips | Fixed, 0.03 USD | Variable, from 0.0 pips |
💰 Commissions | $7 per round turn | None | From $0.1 per side, per lot |
⛔ Margin Call/Stop-Out | 100%/50% | 70%/30% | 60%/0% |
📊 Order Execution | Market, Instant | Market | Market |
🎁 No-Deposit Bonus | None | None | None |
🪙 Cent Accounts | None | None | ✅ Yes |
⏰ Customer Service Hours | 24/7 | 24/5 | 24/7 |
🔟 Retail Investor Accounts | 2 | 3 | 5 |
☪️ Islamic Account | ✅ Yes | ✅ Yes | ✅ Yes |
⬇️ Minimum Trade Size | 0.01 lots | 0.01 lots | 0.01 lots |
⬆️ Maximum Trade Size | 100 lots | 50 lots | Unlimited |
⌛ Min. Withdrawal Time | 1 Working Day | Instant | Instant |
🕰️ Max. Withdrawal Time | Up to 7 Days | Up to 5 Days | Up to 72 hours |
💳 Instant Withdrawals | None | ✅ Yes | ✅ Yes |
ThinkMarkets Trading Platforms
ThinkMarkets offers traders a choice between these trading platforms:
- ✅ MetaTrader 4
- ✅ MetaTrader 5
- ✅ ThinkTrader
ThinkMarkets offers more trading platforms than most other brokers, including MT4, MT5, and its custom platform.
In addition to ThinkMarkets’ proprietary ThinkTrader platform, it supports the two most prominent trading platforms in the Forex business, MT4, and MT5. In addition, ThinkMarkets provides MT4 and MT5 WebTerminal, browser-based versions of the platforms, and mobile and tablet versions of both versions.
ThinkMarkets MetaTrader 4
Metatrader 4 (MT4), having established itself as the industry-leading platform, is the most dependable and widely used platform. Its user-friendly interface and surroundings give crucial tools and resources for online trading success.
It is also well-known for its speedy execution, variety of charting tools, algorithmic trading, and adaptability. In addition, MT4 is offered in more than 31 languages.
ThinkMarkets MetaTrader 5
More Forex firms are using the MT5 trading platform, which has a more modern interface, allows the use of an infinite number of charts, displays Depth of Market, and incorporates an Economic Calendar.
In addition, it contains more pending order kinds than MT4 and an integrated chat system. In addition, MQL5 is a more efficient scripting language than its predecessor, and MT5 includes more powerful charting features than MT4.
ThinkMarkers ThinkTrader
The development of ThinkMarkets’ proprietary trading platform resulted from the company’s purchase of Trade Interceptor, an award-winning trading platform.
ThinkTrader is accessible on all major platforms, allowing users to make deposits and withdrawals without leaving the app, read the latest news from FxWirePro in real time, and close multiple orders with a single click.
It also contains over 125 indicators, 50 chart styles, and the TrendRisk scanner, which helps traders locate opportunities across many timeframes. In addition, the ThinkMarkets platform is extremely simple to use and configure, making it an excellent option for novice traders.
Which Markets Can You Trade with ThinkMarkets?
Traders can expect the following range of markets from ThinkMarkets:
- ✅ Forex
- ✅ Share CFDs
- ✅ Indices
- ✅ CFDs
- ✅ Precious Metals
- ✅ Commodities
- ✅ ETFs
- ✅ Futures
- ✅ Cryptocurrency
Financial Instruments and Leverage offered by ThinkMarkets
🔎 Instrument | 📌 Number of Assets Offered | 📍 Max Leverage Offered |
📈 Forex | 46 | 1:500 |
📉 Share CFDs | 3,672 | 1:20 |
📊 Indices | 23 | 1:200 |
💎 Precious Metals | 8 | 1:200 |
🍎 Commodities | 11 | 1:200 – 1:400 |
▶️ ETFs | 352 | 1:10 |
🚀 Futures | 11 | 1:200 |
🪙 Cryptocurrency | 27 | 1:10 |
ThinkMarkets Trading and Non-Trading Fees
Spreads
ThinkMarkets provides just two market execution accounts, in contrast to other brokers that provide a variety of account types with smaller spreads and greater minimum deposits.
The trading fees are included in the spread on the Standard Account. However, the ThinkZero Account provides narrower spreads and a small charge for each transaction.
Unusually for a prominent broker, ThinkMarkets has not made average spreads and statistics on currency pairings public.
Despite this, minimum spreads are minimal – 0.4 pips on the Standard Account and 0 pips on the ThinkZero Account – but traders will only see them during periods of high liquidity. Additionally, the Standard Account’s average spreads are displayed as 1.2 pips.
Commissions
ThinkMarkets does not charge any commission fees on the Standard Account. Instead, traders only pay the spread, marked up to include the broker’s fee.
In contrast, because it offers lower spreads, the ThinkZero Account has a commission fee of $3.50 per lot per side on forex and metals.
Overnight Fees, Rollovers, or Swaps
The overnight switch charge is an additional important trading expense. This fee is assessed on overnight open positions. It is based on the interest rate differential between the two currencies being traded. Unfortunately, ThinkMarkets does not post its swap rates on its website. However, following these easy procedures, traders can obtain the swap rates inside the platform.
- ✅ Select “View” from the main menu.
- ✅ Choose ‘Symbols.’
- ✅ Select the currency pair you want to see the swaps, and then click ‘Properties.’
- ✅ Next, the long and short swap rates are shown in the pop-up window.
Debits and credits for swaps are computed as follows:
- ✅ Current long/short rate multiplied by quantity = debit/credit in the second currency
Deposit and Withdrawal Fees
- ✅ ThinkMarkets does not charge any deposit or deposit fees.
Inactivity Fees
- ✅ ThinkMarkets will apply an inactivity fee on dormant accounts.
Currency Conversion Fees
There will be currency conversion fees when the currency in which deposits/withdrawals are made differs from the account base currency.
ThinkMarkets Deposits and Withdrawals
ThinkMarkets offers the following deposit and withdrawal methods:
- ✅ Ozow
- ✅ Bank Wire
- ✅ Credit/Debit Card
- ✅ Skrill
How to Deposit Funds with ThinkMarkets
To deposit funds to an account with ThinkMarkets, traders can follow these steps:
- ✅ Sign into your trading account on the website of ThinkMarkets.
- ✅ Click “Deposit” in the navigation bar or “My Account” area.
- ✅ Choose your desired deposit method (credit/debit card, bank transfer, or e-wallet) from the choices presented.
Follow the on-screen instructions to finalize the deposit.
ThinkMarkets Fund Withdrawal Process
To withdraw funds from an account with ThinkMarkets, traders can follow these steps:
- ✅ Sign into your trading account on the official ThinkMarkets website.
- ✅ Click “Withdraw” in the navigation bar or “My Account” section.
- ✅ Select the account from which you want to withdraw money.
- ✅ Enter the amount you want to withdraw and choose your preferred withdrawal method.
- ✅ Fill out the essential fields, such as the bank account number and credit card information.
- ✅ To begin a withdrawal request, click the “Submit” button.
- ✅ Wait for ThinkMarkets to complete the withdrawal request.
Monitor your email for the withdrawal confirmation, and the cash will be deposited into your account using your chosen method.
ThinkMarkets Education and Research
Education
ThinkMarkets offers the following Educational Materials:
- ✅ Trading Masterclasses
- ✅ Trading For Beginners
- ✅ Intermediate Trading Tutorials
- ✅ Advanced Trading Tutorials
- ✅ Trading Articles
- ✅ Trading Glossary
- ✅ Knowledge Base
and much more.
Research
ThinkMarkets offers traders the following Research and Trading Tools:
- ✅ Indicators and Chart Patterns
- ✅ Live Webinars
- ✅ Market News
- ✅ Economic Calendar
- ✅ Technical Analysis
- ✅ Special Reports
and much more!
ThinkMarkets Bonuses and Current Promotions
Traders who register a new account with ThinkMarkets will be eligible for a welcome bonus of $250 when they deposit up to $2,500 in their Standard or ThinkZero Accounts.
How to open an Affiliate Account with ThinkMarkets
To register an Affiliate Account with ThinkMarkets, traders can follow these steps:
- ✅ Visit the website for ThinkMarkets and browse the “Partners” or “Affiliates” section.
- ✅ Click “Join Now” or “Become an Affiliate” to join or become an affiliate.
- ✅ Complete the registration form with your personal information and facts about your website and social media accounts.
- ✅ Submit your registration form and wait for the ThinkMarkets affiliate staff to assess it.
- ✅ Once your registration has been verified, you will get an email with your affiliate platform login information.
- ✅ Sign in to the affiliate platform and access promotional materials, banners, and tracking links.
Promote ThinkMarkets on your website or social media platforms, and you’ll earn a commission for each recommended trader.
ThinkMarkets Affiliate Program Features
ThinkAffiliates is ThinkMarkets’ affiliate program. It enables website owners, bloggers, and social media users to profit from the traffic and groups they administer. In addition, it is designed to reward employees and help them expand their company.
The program is open to people and businesses throughout the globe. ThinkMarkets’ worldwide reach and stellar reputation will reassure your referrals that they are joining an industry-leading broker.
ThinkAffiliates is a fantastic way to earn commissions whether you are a website owner or blogger. Simply recommend ThinkMarkets to your network and get a fee for each person who successfully registers and begins trading with the broker.
Furthermore, there is no cost to join the affiliate program. Instead, you will be compensated for each customer who registers using your affiliate link or ad.
In addition, the ThinkMarkets Affiliate program features the following:
- ✅ ThinkMarkets’ marketing solutions are designed to help you onboard new customers and manage your campaigns effectively. As a partner, you will exclusively access the easy web portal.
- ✅ In addition, you can choose marketing materials (such as landing pages and banners) that are customized, altered, and localized for your target.
- ✅ You get a comprehensive and transparent solution for serving advertisements and tracking click-throughs and conversions.
- ✅ The ThinkMarkets platform offers sophisticated conversion data and in-depth analysis of ad effectiveness.
Additionally, you can oversee the success of your campaigns and receive revenue figures in real-time.
ThinkMarkets Customer Support
ThinkMarkets’ customer service is superior to those of competing brokers. In addition, ThinkMarkets offers around-the-clock customer service from its Johannesburg headquarters.
Support is accessible by phone, email, and live chat; phone numbers for the Australia, United Kingdom, Italy, and Spain offices are also provided.
ThinkMarkets Alternatives
- 🥇 CMC Markets – CMC Markets offers an impressive portfolio of instruments that can be traded. In addition, CMC Markets offers superior liquidity and trade execution speeds, with offices in major financial centers.
- 🥈 Saxo Bank – Saxo Bank is a highly competitive broker ideal for sophisticated and professional clients. Saxo Bank offers over 40,000 tradable instruments, and traders have access to some of the best research and trading tools. While the minimum deposit is extremely high, traders can expect some of the best trading conditions and opportunities with Saxo Bank.
- 🥉 City Index – City Index is one of the best CFD brokers that offers excellent trading platforms, low trading costs, and high-tech research tools. Furthermore, City Index offers Guaranteed Stop-Loss Orders, a safe and well-regulated environment, and flexible trading conditions.
ThinkMarkets VPS Review
ThinkMarkets has teamed with ForexVPS, one of the most dependable VPS providers on the market, to guarantee that traders experience consistent execution without having to worry about technical issues.
All Forex traders who trade at least 15 round-turn lots every calendar month are eligible for this free service. Register for ForexVPS.net via the ThinkMarkets portal, and if you satisfy the monthly criteria, the broker will refund you.
However, if you want to utilize BeeksFX, ThinkMarkets may provide you with a 15% discount on an ongoing basis. This is a special deal for traders who register an account through the VPS page on ThinkMarkets.
ThinkMarkets Web Traffic Report
🌎 Global Rank | 458,817 |
🚩 Country Rank | 57,901 |
📌 Category Rank | 954 |
📍 Total Visits | 362.9K |
📈 Bounce Rate | 56.84% |
📉 Pages per Visit | 2.50 |
➡️ Average Duration of Visit | 00:02:04 |
☑️ Total Visits in the last three months | October – 336.6K November – 368K December – 362.9K |
ThinkMarkets Pros and Cons
✅ Pros | ❎ Cons |
ThinkMarkets is multi-regulated and has won several awards for its amazing services | The spreads are not as tight as that of competitors |
Traders can expect competitive trading conditions and spread from 0.0 pips | There are only two account types offered |
Free VPS is available to eligible traders | There is a high minimum deposit on the ThinkZero Account |
ThinkMarkets Customer Reviews
🥇 Great Choice.
Since the summer of 2010, I have had no problems with spreads or withdrawals. They are always on schedule and without fuss. I am a scalper and could not trade in any other environment. – Dillan Reyes
🥈 Happy Client.
Over the last three years, I have traded with several brokers, and I must say that these guys are the best. No execution issues on the MT4 platform. They promptly honor withdrawals and deposits. I have been trading live for around three weeks without incident. They added fresh content to their website, indicating they are searching for ways to enhance their offerings. They provide free VPS if you trade a minimum number of lots. They react to emails within a day, and chat is beneficial. There have been no complaints, and I believe this broker is on our side. – Aiden Fletcher
🥉 Will Recommend it.
Just wanted to let the Forex community know that these folks provide the best server performance, spreads, customer service, and professionalism. I agree with Andrew; their VSP is lightning-quick. Withdrawals are not a problem at all, and they make it a point to deliver your money to you quickly. If you’re a fan of EAs, trading with these individuals has many advantages. – Tomasz Cabrera
Recommendation for Improving ThinkMarkets Cashback Rebates
ThinkMarkets offers a massive array of financial instruments. While most offer rebates, the broker can consider including ETFs and Futures in its rebates program.
Our Review Methodology: For each of our broker evaluations, we investigate, evaluate, analyze, and compare what we feel to be the most crucial criteria to consider when selecting a broker. This evaluation comprises positives, disadvantages, and an overall score based on our findings. We want to assist you in locating the ideal broker for your requirements. Our broker review should not be considered financial advice. However, traders are urged to seek professional financial advice before making investment decisions.
Addendum/Disclosure: No matter how diligently we strive to maintain accuracy, the forex market is a volatile environment that may change at any time, even if the information supplied is correct at the time of going live.
Investor Warning: Foreign currency trading on margin is associated with an elevated risk and may not be appropriate for all investors. Before engaging in foreign currency or Contract for Difference (CFD) trading, you must evaluate your investing goals, expertise, appetite for risk, and willingness to be exposed to risk. In addition, you should not start investing capital you cannot afford to lose because you could lose part of your original investment.
Our Verdict on ThinkMarkets
ThinkMarkets features a reasonable array of products, with compatibility for the most popular trading platforms and good trading conditions on its two accounts.
ThinkMarkets also provides excellent trading tools, free of charge, to assist traders in making better trading selections.
ThinkMarkets caters to all levels of trading experience, from novice traders to seasoned investors, by offering a variety of account types, a broad array of markets, and three of the most effective trading platforms.
Furthermore, we found that scalping, day trading, and the development of automated trading strategies will benefit the most from a ThinkZero account type that offers ECN-style trading and pricing.
ThinkMarkets Frequently Asked Questions
What are Forex Cashback Rebates?
Rebates are an incentive from ThinkMarkets for every trade you execute, regardless of whether you close your position with a win or a loss.
Is ThinkMarkets a Forex Rebate provider?
Yes, ThinkMarkets offers forex rebates on both its trading accounts.
Does ThinkMarkets provide a Cashback Forex Contest?
No, only a sign-up or welcome bonus is offered when traders register an account for the first time and deposit $2,500.
How does the Forex Cashback Rebate process work?
You can sign up with ThinkMarkets, deposit funds into your live account, and start trading. As you earn rebates from your trading, ThinkMarkets will pay it into your trading account monthly.
Where can I find ThinkMarkets’ Cashback Forex Calendar?
ThinkMarkets does not have a schedule or calendar of cashback forex rebates.
I’m an existing trader, how can I transfer my account to earn rebates via ThinkMarkets?
You can register a ThinkMarkets account and request that your current broker transfer your open position and funds to your new ThinkMarkets account.
Can I use a Forex Rebate EA with ThinkMarkets?
Yes, ThinkMarkets allows all types of EAs.
How many traders with ThinkMarkets use the Cashback Rebate feature?
Of its 450,000+ clients, it is uncertain how many currently use the cashback rebate feature.
What are the maximum rebates I could earn with ThinkMarkets?
You can earn up to $27.32 per lot on XAG/USD on the Standard account and $4.40 per contract on Crypto on the ThinkZero Account.
Will my ThinkMarkets fees and spreads increase when I use the Cashback Rebate feature?
ThinkMarkets does not increase fees or spreads when you earn rebates. Instead, rebates can help lower your trading costs.
Why should I work through the SA Shares Cashback?
You can expect some of the highest commissions if you work through SA Shares to earn Cashback Rebates from ThinkMarkets.
This is because SA Shares aims to negotiate the most competitive commission rates with brokers such as ThinkMarkets to ensure you get the most back from your trading activities.
How quickly will I receive my sign-up bonus?
“Within 24 hours or less.”
Do you provide compensation to eligible clients?
“International clients – depends on the country they open the account from.” the first available price. Due to slippage, this can be the requested price or a small distance away.”
How do you protect client data and information?
“There is a Privacy Policy in place.”
What execution speeds can I expect, and what is your execution policy?
“It differs from server to server, but usually it’s less than 190ms.”
How do you handle customer complaints?
“Once we receive it via email or on Live Chat, we create a case related to that client and assign it to the concerned team to be solved within a maximum of 24 hours.”
What is the recommended initial deposit?
“Please see below our minimum deposit requirement per account:
- Our Standard MT4 or MT5 and ThinkTrader accounts have no minimum deposit requirement.
- Our ThinkZero MT4 or MT5 account has a first-time deposit requirement of $500.