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ThinkMarkets Review
At ThinkMarkets, we are delighted to offer a platform that consistently meets and exceeds our traders’ expectations. We are excited to announce our integration with TradingView, now allowing you to trade directly from their platform, enhancing your experience with seamless functionality. Our platform provides stable spreads to ensure reliable pricing and optimal trading conditions, while our efficient service ensures that withdrawing funds is both fast and straightforward. We take pride in our responsive customer support team, dedicated to promptly assisting with any inquiries or issues. Our highly customizable platform enables you to tailor your trading environment to your preferences and easily incorporate indicators used by other traders. Thank you for your continued support and positive feedback. We are committed to providing one of the best trading platforms available, designed to support your trading needs and help you succeed.
About ThinkMarkets
ThinkMarkets offers investors lower-cost CHESS-sponsored shares compared with many of its competitors and does not punish inactive investors through fees. It offers a range of educational products and research, albeit mostly aimed at its forex and CFD clients, but the information can certainly be applied to share traders.
Pros & Cons
Flat Brokerage Fee
Flat brokerage of $8 (up to $200,000).
Forex
Must switch accounts to trade CFDs
Access to ASX and Chi-X Shares
Access ASX and Chi-X shares.
No Desktop Share Trading
Share trading not available on desktop.
Mobile Availability
Available on mobile.
No Live Streaming
No live streaming (live prices only at refresh).
Educational Resources
Educational resources including live webinars and trading tools.
CHESS-Sponsored Shares
CHESS-sponsored shares.
No Inactivity Fee
No inactivity fee.
Key Features
Mobile Trading App
ThinkMarkets offers a clean and easy-to-navigate mobile share trading app. Despite its minimalistic design the app covers essential functionalities such as conditional orders watchlists stock alerts and portfolio tracking. However it does not provide live pricing even with an additional fee.
Low Fees
ThinkMarkets stands out for its competitive brokerage fees. Trading ASX-listed stocks and ETFs starts at $8 positioning it at the lower end of the fee spectrum. Additionally the platform does not impose monthly account fees subscription fees or inactivity fees which is beneficial for both active and occasional traders.
Quick Sign-Up Process
The sign-up process with ThinkMarkets is notably efficient. Unlike some brokers where registration can extend up to two weeks ThinkMarkets allows users to set up a share trading account in just a few minutes streamlining the entry into trading activities.
Customer Service at ThinkMarkets
For customer service, ThinkMarkets offers multiple contact options: you can access their live chat support by visiting their website and using the chat icon in the lower right corner. They also provide a contact form on their Contact Us page, where you can submit your inquiries. Additionally, you can reach them via email at support@thinkmarkets.com or by phone at +44 203 670 1535.
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