ThinkMarkets offers forex and CFD trading to retail clients in South Africa through their ThinkZero account. As they are regulated by the Financial Sector Conduct Authority (FSCA) we rate them as a safe South African trading platform.
ThinkMarkets South Africa Review
Name: ThinkMarkets South Africa
Description: ThinkMarkets is a multi-awarded provider of online trading and investing services. Regulated and authorised by the Financial Sector Conduct Authority (FSCA), this reputable broker offers CFD trading on 4,000 instruments across global markets and low-cost share investing on JSE-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, ETFs, and ETNs for a low brokerage fee of 0.25%. 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
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Pricing
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Market Access
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Online Platform
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Customer Service
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Research & Analysis
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Overall
4
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 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.