ThinkMarkets Account Types: A Guide for Traders and Investors 2024

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ThinkMarkets offers four major accounts: the Standard Account , ThinkZero, ThinkTrader and mini Account. The raw spread account can be of two types: Raw Spread metatrader, and Raw Spread Ctrader account. The Standard account is spread-based, while the Raw Spread account is commission-based. Additionally, based on client type (Client profile), ThinkMarkets offers a good number of account types: 

Below is the full list of account types offered by ThinkMarkets:     

  • ThinkMarkets Standard account
  • ThinkMarketsThinkZero
  • ThinkTrader
  • ThinkMarkets mini Account

ThinkMarkets Standard Account: Best for Beginners

ThinkMarkets Standard Accounts are designed to meet the needs of retail traders in the forex and CFD markets. These accounts suit beginner traders, offering a straightforward and accessible trading experience with competitive spreads and reliable execution.

Key Features of ThinkMarkets Standard Account:

  • Applicable For: Applicable for all jurisdictions including ASIC, CySEC, FCA, FSA, FSC, NZFMA, DFSA, JFSA, FSCA, CIMA,
  • Account Opening: Fully Online Account opening. It may take only 5 to 7 Minutes. The demo account has 30 days of validity. 
  •  KYC Verification: Required 
  • Trading Instruments:  Forex, commodities, indices, crypto, stocks, ETFs and futures
  • Trading Platforms: MT4, MT5
  • Minimum Deposit:  $250
  • Maximum Leverage: 1:500
  • Trading Fees: Only Spread is charged (No Commission). Variable spreads from 0.4 pips. A rollover commission is applied on open positions overnight.
  • Minimum Trade Size: 0.01 lot. 
  • Maximum Trade Size (Lot restriction per Ticket): 50 Lots 
  • Funding Currencies: USD, AUD, GBP, EUR, SGD, CHF
  • Maximum Number of Positions ( At a time): 200 for MT4, MT5 Live account, 100 for MT4, MT5, demo accounts, 2000 for Ctrader trading account. 
  • Maximum Volume per trade: The maximum volume per trade ranges from 50 to 250 lots, depending on the platform type and tradable assets. For Shares CFDs, the maximum volume is 1000 shares in total
  • Trading Style Allowed: All including Scalping, hedging, and EA Trading. 
  • Stop Out Level (retail): 50%
  • Margin Call Level: 100% 
  • Negative balance Protection: Yes 
  • Investor Protection:  Available under ASIC and CySEC regulations. However, the Investor protection scheme does not apply to FSA jurisdiction. 

ThinkMarkets ThinkZero Account: Best for Beginners

ThinkMarkets ThinkZero Accounts are designed to meet the needs of retail traders in the forex and CFD markets. These accounts suit beginner traders, offering a straightforward and accessible trading experience with competitive spreads and reliable execution.

Key Features of ThinkZero Account:

  • Applicable For: Applicable for all jurisdictions including ASIC, CySEC, FCA, FSA, FSC, NZFMA, DFSA, JFSA, FSCA, CIMA,
  • Account Opening: Fully Online Account opening. It may take only 5 to 7 Minutes. The demo account has 30 days of validity. 
  •  KYC Verification: Required 
  • Trading Instruments:  Forex, commodities, indices, crypto, futures and stocks
  • Trading Platforms: MT4, MT5
  • Minimum Deposit:  $500
  • Maximum Leverage: 1:500
  • Trading Fees: Commission $3.5 per side
  • Minimum Trade Size: 0.01 lot. 
  • Maximum Trade Size (Lot restriction per Ticket): 100 Lots 
  • Funding Currencies: USD, AUD, GBP, EUR, SGD, CHF
  • Maximum Number of Positions ( At a time): 200 for MT4, MT5 Live account, 100 for MT4, MT5, demo accounts, 2000 for Ctrader trading account. 
  • Maximum Volume per trade: The maximum volume per trade ranges from 50 to 250 lots, depending on the platform type and tradable assets. For Shares CFDs, the maximum volume is 1000 shares in total
  • Trading Style Allowed: All including Scalping, hedging, and EA Trading. 
  • Stop Out Level (retail): 50%
  • Margin Call Level: 100% 
  • Negative balance Protection: Yes 
  • Investor Protection:  Available under ASIC and CySEC regulations. However, the Investor protection scheme does not apply to FSA jurisdiction. 

ThinkMarkets Thinktrader Account: Best for Beginners

ThinkMarkets ThinkTrader Accounts are designed to meet the needs of retail traders in the forex and CFD markets. These accounts suit beginner traders, offering a straightforward and accessible trading experience with competitive spreads and reliable execution.

Key Features of ThinkTrader Account:

  • Applicable For: Applicable for all jurisdictions including ASIC, CySEC, FCA, FSA, FSC, NZFMA, DFSA, JFSA, FSCA, CIMA,
  • Account Opening: Fully Online Account opening. It may take only 5 to 7 Minutes. The demo account has 30 days of validity. 
  •  KYC Verification: Required 
  • Trading Instruments:  Forex, stocks, indices, commodities, crypto and ETFs
  • Trading Platforms: ThinkTrader and TradingView
  • Minimum Deposit:  $50
  • Maximum Leverage: 1:500
  • Trading Fees: Only Spread is charged (No Commission). Variable spreads from 0.4 pips. A rollover commission is applied on open positions overnight.
  • Minimum Trade Size: 0.01 lot. 
  • Maximum Trade Size (Lot restriction per Ticket): 100 Lots 
  • Funding Currencies: USD, ZAR, AUD, GBP, EUR, NZD, SGD, CHF
  • Maximum Number of Positions ( At a time): 200 for MT4, MT5 Live account, 100 for MT4, MT5, demo accounts, 2000 for Ctrader trading account. 
  • Maximum Volume per trade: The maximum volume per trade ranges from 50 to 250 lots, depending on the platform type and tradable assets. For Shares CFDs, the maximum volume is 1000 shares in total
  • Trading Style Allowed: All including Scalping, hedging, and EA Trading. 
  • Stop Out Level (retail): 50%
  • Margin Call Level: 100% 
  • Negative balance Protection: Yes 
  • Investor Protection:  Available under ASIC and CySEC regulations. However, the Investor protection scheme does not apply to FSA jurisdiction. 

ThinkMarkets Mini Account: Best for Beginners

ThinkMarkets ThinkZero Accounts are designed to meet the needs of retail traders in the forex and CFD markets. These accounts suit beginner traders, offering a straightforward and accessible trading experience with competitive spreads and reliable execution.

Key Features of ThinkMarkets Mini Account:

  • Applicable For: Applicable for all jurisdictions including ASIC, CySEC, FCA, FSA, FSC, NZFMA, DFSA, JFSA, FSCA, CIMA,
  • Account Opening: Fully Online Account opening. It may take only 5 to 7 Minutes. The demo account has 30 days of validity. 
  •  KYC Verification: Required 
  • Trading Instruments:  Forex, gold, silver, indices, energies and crypto
  • Trading Platforms: MT5
  • Minimum Deposit:  $10
  • Maximum Leverage: 1:2000
  • Trading Fees: Only Spread is charged (No Commission). Variable spreads from 0.6 pips. A rollover commission is applied on open positions overnight.
  • Minimum Trade Size: 0.01 lot. 
  • Maximum Trade Size (Lot restriction per Ticket): 100 Lots 
  • Funding Currencies: USD
  • Maximum Number of Positions ( At a time): 200 for MT4, MT5 Live account, 100 for MT4, MT5, demo accounts, 2000 for Ctrader trading account. 
  • Maximum Volume per trade: The maximum volume per trade ranges from 50 to 250 lots, depending on the platform type and tradable assets. For Shares CFDs, the maximum volume is 1000 shares in total
  • Trading Style Allowed: All including Scalping, hedging, and EA Trading. 
  • Stop Out Level (retail): 25%
  • Margin Call Level: 100% 
  • Negative balance Protection: Yes 
  • Investor Protection:  Available under ASIC and CySEC regulations. However, the Investor protection scheme does not apply to FSA jurisdiction. 
Written by

Jason Paine is a forex trader, researcher, and tech enthusiast. He is passionate about financial markets and cutting-edge technology. With a dynamic 16-year trading career, he's on a mission to guide fellow traders. Having navigated diverse forex brokers, Jason shares his insights at Brokersway to bridge the gap between traders and the right brokerage.

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