Is ThinkMarkets a legit Australian broker? Expert rating
Our expert rating is the average of the areas listed here, each scored out of 5 by our team.Our experts have rated Is ThinkMarkets a legit Australian broker? across five key areas of our review framework.
- Pricing4.0
- Market Access4.0
- Online Platform4.0
- Customer Service4.0
- Research & Analysis4.0
Pros
- Wide choice of platforms
- Tight spreads
- Trading signals & analytics
Cons
- No options trading
See full expert review
Our verdict
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.
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).
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as The Sunday Times, BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.