Review of Thinkmarkets
Thinkmarkets forex broker is regarded as one among traders that permit hedging, violent scalping as well as high speed automotive trading on a latency platform. Our main aim is to provide a perfect environment for all kinds of dealers including learners as well as professionals. Maintaining an efficient technological infrastructure and offering best consumer service are two main goals of Thinkmarkets. A trader should have a fast implementation and tight spread strategy of trading to work in a proper manner. To attain the tightest spreads, the founders decided to establish a partnership with the top tier one liquidity providers to offer tight pricing.
Based on Thinkmarkets review,Low latency and execution play a vital role in offering the best trade execution. This is the main reason why the trading servers of Thinkmarkets are placed in similar server blocks as liquidity providers. Keeping the trading server at similar location as liquidity providers permit customers to attain a fast execution of deals combined with the tight spread and you have the best solution for you for fulfilling all manual and automated trading demands. This company is considered as a huge forex trader that currently attained an ASIC authorization and repositioned its headquarters to Australia. One of the greatest benefits of Thinkmarkets is the tight spreads it provides, beginning from .2 pips on the EURUSD Forex pair.
Financial Services Provider Register (FSPR) situated in New Zealand offers Thinkmarkets a license numbered FSP52861 of FSP or Financial Services Provider.
Financial Services Complaints Ltd (FSCL) also regulates the services of Thinkmarkets. Again this broking service firm is completely registered with Australian Securities and Investments Commission (ASIC) and also has a number 424700 as provided to them by Australian Financial Services License (AFSL).
If client faces any dispute then he can lodge a complaint to FOS or Financial Ombudsman Service that is declared as the resolving body of externally dealing disputes. Thinkmarkets is a registered member of this body.
An ECN dealing trader is defined as an electronic system which makes an attempt to get rid of the role of third party in executing orders which is entered by the maker of the exchange market or over-the-counter and allows such types of orders to be partly or totally executed. Several online dealers are realizing the benefits of what Thinkmarkets MT4 professional and standard platforms provide. Execution is incomparable and the company has fixed the bar of technology very high as far as offering to clients is concerned. Each of the perfect Forex dealers realizes that execution; less numbers of re-quotes along with tight spreads are important in attaining success in the trading market. There is nothing to get surprised about because dealers from different parts of the world continue to congratulate this company for its high-tech trading platform that is tailored for all types of scalpers, robots and traders.
Thinkmarkets trading platform:
Thinkmarkets provides several options of MetaTRader trading platform, therefore, Forex dealers with various platform preferences can search for the trading platform that works in the best manner for their style of trading. Moreover, along with a standard downloadable MT4 trading platform, dealers can trade on an outdated downloadable form of MT trading platform, which is a version that is web-based; MT4 for mobile phones and MAM version. Dealers can also select SpeedTrader and SpeedTrader Pro trading platform or Mirror option in case they choose to copy deals from an experienced Forex trader. One should note that MT4 trading platform also permits skilled advisors so that dealers who mostly prefer flexibility of manual deals or copy dealings might want to regard that option at the initial stage.
Deposit and withdrawal: Debit and credit cards, wire transfer, MoneyBookers and ClickandBuy
Thinkmarkets provides an access to FX University: A cultured Forex is meant for the beginners and advanced dealers. The best thing is there is nothing to worry about regarding the tuition fees because FX University is totally free of cost. Free webinars on various topics are accessible on weekly basis. The clients of Thinkmarkets can select between five types of account to find one that matches their styles of trading. All the accounts include a promise of superfast NDD execution, more than thirty five trading instruments and tight spreads possible. Platforms which are supported include SpeedTrader, SpeedTrader Pro and MT4.
Automated dealing is also accessible through the trading strategies on the VPS, accessible for free to a person who deposits over two thousand five hundred dollars. Lucrative bonuses and promotions are things you can see on a regular basis at Thinkmarkets. The trader permits scalping, high frequency trading and hedging. U.S dealers are not permitted to open an account.