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.
