ThinkMarkets Review 2027Core Trading Conditions and Fees

ThinkMarkets review 2027: a proprietary platform with tight ThinkZero pricing

ThinkMarkets was founded in 2010 and has dual headquarters in Melbourne and London. It has expanded steadily through new licences and acquisitions and now serves clients across Europe, Asia-Pacific, Africa and the Middle East. Two things distinguish it: ThinkTrader, a well-designed platform built in-house, and ThinkZero, a raw-spread account with pricing that competes with the lowest-cost brokers. The group also runs a prop trading arm. Here is how the broker looks for 2027.

Regulation

ThinkMarkets holds an unusually long list of licences. Its entities are authorised by the UK's Financial Conduct Authority, the Australian Securities and Investments Commission, the Cyprus Securities and Exchange Commission, South Africa's FSCA, Japan's Financial Services Agency and the Seychelles Financial Services Authority, with further approvals in markets including Dubai and New Zealand. UK and EU clients benefit from compensation schemes within the usual limits. The broker also states that it carries additional insurance cover for client funds.

Accounts

The Standard account has no minimum deposit and no commission, with EUR/USD spreads averaging a little above one pip. ThinkZero requires a higher opening balance, around $500, and offers spreads from 0.0 pips with a commission of $3.50 per lot per side. A ThinkTrader account is available for the proprietary platform with spread-only pricing, and swap-free and joint accounts are offered. Active traders should choose ThinkZero.

ThinkTrader

ThinkTrader is available on web, desktop and mobile. It includes more than 100 indicators, extensive drawing tools, split-screen charts, cloud-based alerts and TradingView-powered charting in its newer versions. It is fast and intuitive, and the mobile app is among the more capable in the sector. The broker also supports MetaTrader 4, MetaTrader 5 and direct trading through TradingView, so clients are not locked into one environment.

Markets

The range covers more than 4,000 instruments: around 45 currency pairs and CFDs on indices, commodities, metals, cryptocurrencies, ETFs and a large list of shares. In some regions the broker also offers share dealing and futures CFDs.

Leverage

Retail clients in the UK, EU and Australia are limited to 1:30. Through the offshore entity, leverage of up to 1:500 is available. Negative balance protection applies to retail accounts.

Copy trading and prop firm

ThinkCopy lets clients follow or become signal providers within the broker's own ecosystem. Separately, the group operates ThinkCapital, a prop trading firm offering evaluation accounts on the ThinkTrader platform. The two businesses are distinct, and a brokerage account does not include any funded programme.

Fees and support

Deposits are free by most methods, and withdrawals are free apart from some international wires. There is no inactivity fee in most regions. Support is available around the clock, including weekends, by live chat and email. Education includes articles, webinars and a trading academy.

Pros and cons

• Platform: ThinkTrader is powerful and easy to use.
• Pricing: ThinkZero offers raw spreads with fair commission.
• Regulation: FCA, ASIC, CySEC, FSCA and Japan's FSA.
• Range: more than 4,000 instruments.
• ThinkZero entry: a higher minimum deposit than the Standard account.
• Standard spreads: average for commission-free trading.

Execution and trading rules

ThinkMarkets executes orders without a dealing desk through servers hosted in major data centres, and it publishes average execution speeds. Scalping, hedging and automated strategies are allowed on all account types. A free VPS is offered to clients who meet a volume requirement, and a demo account with virtual funds is available on every platform for testing before going live.

Who should consider ThinkMarkets?

ThinkMarkets works well for traders who want a modern proprietary platform without giving up MetaTrader, and for active traders who qualify for ThinkZero. Beginners can open a Standard account with any amount.

Verdict

ThinkMarkets combines broad regulation, strong technology and competitive raw pricing. For 2027 it is one of the more complete mid-sized brokers. Most retail CFD accounts lose money, so manage leverage carefully.

ThinkMarkets review: compare the alternatives

This ThinkMarkets review is part of our Top 65 Forex Brokers in 2027 ranking. To compare, read the Eightcap review and the Axi review.