Leverage on this account is 500:1 and all three of ThinkMarket’s supported platforms are available.
Standard Account – The Standard Account is a commission-free trading account with variable spreads and no minimum operating balance, average spreads on major pairs are 1.2 pips but can fall to 0.4 pips at times. ThinkMarkets have won several awards over the years for their services, highlights being Best Forex Trading Experience 2017 and Best Forex Trading Innovation 2017 at the UK Forex Awards. ThinkMarkets does have negative balance protection, but this is an free-of-charge opt-in program. Unfortunately, in Kenya ThinkMarkets do not offer negative balance protection by default – which means that traders can lose more than they have in their trading account and may end up owing the broker money. TF Global Markets (South Africa) Pty Ltd is authorised and regulated by the FSCA, FSP No 49835.ĭue to the strict regulatory oversight required by these regulators, all client funds are held in segregated bank accounts additionally, ThinkMarkets holds an insurance policy covering up to 1 million USD for individual traders in case of broker bankruptcy.TF Global Markets (Aust) Limited is authorised and regulated by ASIC, AFSL number 424700.TF Global Markets (UK) Limited is authorised and regulated by the FCA, FRN 629628.ThinkMarkets is the brand name of TF Global Markets, which is regulated by the FCA in the UK, ASIC in Australia and the FSCA in South Africa: Founded in 2010, ThinkMarkets offers multi-asset trading across the globe from twin headquarters in Australia and London.
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