Access the most powerful trading tools and features directly from your browser. Deepen your knowledge of technical analysis indicators and hone your skills as https://traderoom.info/ a trader. Trade up today – join thousands of traders who choose a mobile-first broker. ThinkMarkets provides a valuable introduction to technical analysis.
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- In addition, account holders get account managers from the broker’s end to guide them.
- It has a rich and diverse collection of videos, articles, and other types of educational content catering to the needs of beginner traders.
- For beginners, there are free video tutorials and a trading glossary.
- A tool that provides a technical market analysis from third-party industry experts.
- You can always put the principles that you have learnt into practice with a free demo account.
- This includes pros, cons and an overall rating based on our findings.
The broker keeps client funds in segregated accounts with top-tier banks such as Barclays to ensure that they are not used for any other purposes such as operating costs. Whilst most brokers in the industry use a standard approach to protect clients, they take that extra step to ensure client safety. This helps to give clients additional peace of mind that they are using a trusted and reputable broker. Most importantly, the two account types have no minimum stop-loss/take-profit requirements. That means that traders can place extremely tight stop-loss and take profit orders (close to the entry price), allowing them to cap their trading risk more effectively. ThinkMarkets also performed very well in the Account Types category.
What Can I Trade
They can be accessed to help increase your trading knowledge and skills. In addition to MT4, they also provide the MetaTrader 5 (MT5) platform which is similar its predecessor although it has increased features and functionalities. The MT5 interface as a similar layout however it comes with many additional timeframes, services and advantages. It contains information about more than 50 indicators and patterns, including what they mean, how they are used, and more. These descriptions are supported by images and practical examples.
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Charting no doubt is an essential component of trading, and it’s what makes a trading platform superior. ThinkTrader offers 50+ intelligent drawing tools and 80+ indicators. The broker does not offer any fixed spreads, which would require interfering with market forces or client orders.
Mobile trading apps at ThinkMarkets
Autochartist supports manual traders with automated chart pattern recognition and other tools. The MT4 trading platform, with the two upgrades, remains the best trading platform. It also offers industry-leading deposit insurance of up to $1,000,000. ThinkMarkets is a multi-asset online brokerage platform established in 2010 with headquarters in London, Melbourne, Dubai and Tokyo with hubs in the Middle East, North Africa and the Asia-Pacific. ThinkMarkets also offers weekly live webinars, run by industry experts. Traders merely have to register a name and email address to attend webinars.
Three trading platforms are available; the broker’s own ThinkTrader, MetaTrader 4 (MT4), and MetaTrader 5 (MT5). You may use a comprehensive technical analysis toolbox to analyse trends and discover trade opportunities wherever and whenever. You may utilise advanced technology to conduct trades on a certain asset quickly and easily in order to receive the most advantageous prices. This cutting-edge technology ensures that you get the market information you need, when you need it.
Compare the markets and instruments offered by ThinkMarkets and its competitors. Please note, some markets may only be available https://traderoom.info/think-markets-introduction/ via CFDs or other derivatives. Compare ThinkMarkets with the top 3 similar brokers that accept traders from your location.
The broker provides plenty of trading instruments for trading on some of the most popular trading platforms, including MT4 and MT5, and a proprietary trading platform in ThinkTrader. It is available on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet). ThinkMarkets offers over 4000 tradable instruments at generally low costs. We checked the combinations of spreads and commissions on its two account types – Standard and ThinkZero – and found them very competitive and below the industry average.
ThinkMarkets does not incur any inactivity fees which is an advantage over some brokers. I personally still use MT4 because it was the first platform that I became accustomed to. However, I think both MetaTrader platforms are ideal for trading online. Let’s take a quick look at some of the main differences between the platforms to see if you can decide which you would prefer.
As a regulated broker, it is obligated to segregate all client funds in trusted recognized banks such as Barclays. In addition to that, they also ensure that funds are sealed in an account separate from their own operating funds. ThinkMarkets has adopted a ‘return to source’ policy, which means that if a deposit was made using a credit card, the client will receive the funds via credit card. However, if the withdrawal amount cannot be sent back to the source, your funds will be sent to you via Bank Wire. The same payment methods that deposit warrants are used to carry out a withdrawal request.
Get virtual funds, test your strategy and prove your skills in real market conditions. When it comes to the speed we execute your trades, no expense is spared. Check out our sponsorships with global institutions and athletes, built on shared values of excellence.
Cryptocurrencies are highly volatile and traders can speculate on if they believe their value will increase or decrease in relation to the currency of their choice. The broker operates in a transparent manner with emphasis on looking after client’s own interests and safety. They are regulated by some of the most strict and respected regulatory bodies including the FCA and ASIC.
Trading costs are a little higher than average on the Standard Account – most good brokers’ entry-level accounts have a trading cost of 9 USD per lot of EUR/USD traded. However, with no real minimum deposit requirements to speak of, this is still a good account for beginner traders. In order to open this account type, traders need to deposit 500 USD or more. There are no spread markups on this account and traders get raw, market spreads.
