ThinkMarkets

The fake broker’s website offers different types of trading accounts, each designed to meet the specific needs of traders.

• standard account. Suitable for most traders, offering a wide range of trading tools and services. Standard account requirements include access to various markets via the MetaTrader 4, MetaTrader 5 and ThinkTrader platforms;
• ThinkZero account. Designed for more experienced traders looking for better trading conditions with low or no spreads. This account may incur additional fees, but offers faster execution speeds and access to deep liquidity;
• A demo account provides the opportunity to practice and test trading strategies without the risk of losing real money. This is ideal for beginners who want to familiarize themselves with the platform and trading conditions at ThinkMarkets;
• professional account. Designed for traders with significant trading experience and capital. This account type offers special conditions, including higher leverage and access to exclusive trading tools.

Unfortunately, specific limits, orders, pips and minimum thresholds for starting were not indicated in the information provided. For detailed information about each account type, including specific trading terms, commissions, spreads and minimum deposits, it is recommended that you contact ThinkMarkets directly. The office decided not to detail the nuances directly on the broker’s official website. This creates a platform for further manipulation of traders.

History of the formation of ThinkMarkets

Company founded2010 and is a premium multi-asset online broker with head offices in London and Melbourne, with centers in Asia Pacific, the Middle East and North Africa, Europe and South America. The company provides fast and easy access to a wide range of markets, including forex, stock CFDs, cryptocurrencies, commodities, indices, futures and much more. ThinkMarkets offers some of the most recognized trading solutions, including the industry standard MetaTrader 4, the next generation MetaTrader 5, and the in-house developed ThinkTrader platform, awarded for the best mobile platform by the forex community.

The company is recognized by some of the most trusted financial regulators, including CySEC, FCA, FSCA, ASIC, NFZMA and others. The problem is that the company does not place specific footnotes on the documents. That is, it is impossible to verify the accuracy of this information unless you write to the auditor’s support or search through the website. We additionally checked the register of the Central Bank of the Russian Federation and made sure that our hero was not there.

In case of unforeseen circumstances, the total compensation payable to each insured client of the Cyprus Investor Compensation Fund cannot exceed €20,000 or 90% of the insured investor’s claim, whichever is lower. The UK Financial Services Compensation Scheme protects clients up to a threshold of £85,000 GBP. Does the company pay this? Apparently, given the reviews, no. Since the comments in most cases are devoted to the lack of return on the part of the office.

Communication formats

Company poffers several ways to contact their multilingual support team to assist with your trading account. Here are the available contact formats:

• you can send a request for support by filling out the feedback form on the website;
• several emails;
• phone number;
• address of the offices, of course fake.

The support team is available 24/7 to provide assistance and support to traders at any time. And here it is enough to look at the responses of ex-clients, and it becomes obvious that ThinkMarkets does not plan to professionally support traders.