ThinkForex

Details

Broker ThinkForex
Website URL thinkforex.com
Founded 2010
Headquarters Melbourne, Australia
Support Number 61-3-9093-3400
Languages English, Italian, Spanish, German, Russian, French, Portuguese, Greek, Hebrew, Turkish, Dutch, Arabic, Polish, Chinese, Japanese, Finnish, Swedish
Trading Platform cTrader , iPhone App , MT4 , Web Trading
Minimum 1st Deposit $250
Minimum Account Size $250
Bonus 10% Deposit Bonus
Leverage 500:1
Spread 0,2 pips
Free Demo Account Open Demo
Regulated Yes
Regulation ASiC
Account Types Islamic, Standard ($250 Minimum Deposit), Pro ($2000 Minimum Deposit), VIP ($25,000 Minimum Deposit)
Deposit Methods Credit/Debit Card, Global Collect, Neteller, Skrill, Netbanx, FasaPay, Union Pay, BPAY, Bank Wire
Withdrawal Methods Neteller, Skrill, Netbanx, FasaPay, Union Pay, BPAY, Bank Wire
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score 4.5/5

Pros

  • Low minimum Initial deposit
  • Low Spreads
  • Regulated Broker with ASIC
  • Reliable Trading Platforms
  • Trader friendly Broker

Established in Australia in 2010, ThinkForex is the brand name of TF Global Markets (Aust) Pty Ltd. An award winning forex broker and fully regulated by the Australian Securities and Investments Commission (ASIC), they belong to one of the rare breed of forex brokers, which allow their traders to scalp, hedge and high speed trade on their platform. They boast of having one of the best trading environments around for the small time retail trader. With a technologically advanced infrastructure, quality customer service and tight spreads, traders will have no reason to look elsewhere for a reliable broker.

Account Types

  • Standard ($250 Minimum Deposit)
  • Pro ($2000 Minimum Deposit)
  • VIP ($25,000 Minimum Deposit)

For Muslim traders, ThinkForex also made provisions for a swap free Islamic trading account if they wish to trade according to Sharia laws. For traders wishing to try out the platforms, they can sign up for the 30 days free demo account. The demo account uses the same live price feed so there are no differences in terms of prices and spreads. Nevertheless, traders should bear in mind that live trading is different from demo trading as there are liquidity issues and market depth considerations that need to be taken into account.

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