Is ThinkMarkets a legit Australian broker?

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Yes, ThinkMarkets is a real CFD broker that was founded in Australia in 2010 by Nauman Anees and Faizan Anees and is regulated by the Australian Securities & Investments Commission (ASIC).

ThinkMarkets Australia Review
ThinkMarkets

Name: ThinkMarkets Australia

Description: ThinkMarkets is a multi-awarded provider of online trading and investing services. Regulated and authorised by the Australian Securities & Investments Commission (ASIC), this reputable broker offers CFD trading on 4,000 instruments across global markets and low-cost share investing with HIN ownership on ASX-listed equities. ThinkMarkets offers traders the flexibility to trade on a wide range of cutting-edge and advanced trading platforms, including its proprietary trading platform, ThinkTrader.

Summary

ThinkMarkets is known for its excellent trading conditions. Forex traders benefit most from its ThinkZero account, with spreads as low as 0.0 pips. Investors get to purchase shares and ETFs for a low brokerage fee of AUD 8. Its feature-rich platforms also come with superior tools, such as Signal Centre, Traders’ Gym, and TrendRisk Scanner, all designed to support traders with market insights and trading ideas.

Pros

  • Wide choice of platforms
  • Tight spreads
  • Trading signals & analytics

Cons

  • No options trading
  • Pricing
    (4)
  • Market Access
    (4)
  • Online Platform
    (4)
  • Customer Service
    (4)
  • Research & Analysis
    (4)
Overall
4
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