ThinkForex Forex Broker Review

General Overview

ThinkForex is an Australia based Forex brokerage firm with its VPS server located in London and headquarters in Melbourne and Sydney. It is registered under Australian Securities & Investment Commission (ASIC) and uses TF Global Market Pvt. Ltd. It is regulated and licensed with AFSL number 424700. The funds must come from the account holders at ThinkForex and not from any other 3rd person.

Assets Coverage

If you are one of those people who like trading in precious metals, then Think Forex is the best place to get things going for you. It has got silver and gold trading platform for its customers. It offers the market models like Market Maker, STP and ECN with no trading restrictions. It accepts account currencies like Australian dollar, Euro, GBP, Japanese Yen etc. It offers a wide range of 36 currency pairs and some of the popular ones are AUD/CAD, AUD/CHF, AUD/JPY etc.

Types of Platforms

ThinkForex offers a wide array of trading platforms for its user starting from MT4 basic. This platform is best suited for those people who want to trade with small capital. MT4 is used for all kinds of trading style and one can trade in the way they like. Just above that, there is another platform called MT4 Pro which is like the MT4 but comes with extra benefits and tight spreads. It offers mobile platform which allows people to trade even when they are on the move with their iPhone or Android smartphone. There is another platform available called MAM in which it has no trading limitations and one can share their activities in public.

Bonus and Promotions

Think Forex is indeed a delightful adventure for traders because it provides full of interesting surprises and treats. It has got a very nice feature called RG227 which is also a part of ASIC regulation. As a result of which ThinkForex can assess the potential client’s knowledge before they open their own trading account. This will surely help keeping the risks at bay and make one understand the full nature of Forex trading. The evaluation is done via an online quiz in which passing grade is 70% and it provides a detailed description of one’s trading experience with another experienced trader.

Deposits and Withdrawals

ThinkForex requires a minimum deposit amount of $250 with leverage up to 500:1. It has its own demo account which works similar to that of the live accounts. The demo account will expire in 30 days. For deposits and withdrawals, Think Forex accepts payment methods like BPay, Neteller, Global Collect, Credit Card, AllCharge, Skrill MoneyBookers, Bank Wire.

Customer Service

ThinkForex is a very popular Australian broker that boasts of excellent customer service and good regulation. It is one of the most transparent brokerage firms in the industry with a team of highly skilled professional taking care of prospective clients 24×7. It offers continuous live customer chat program, telephone as well as email support. Each client has got a dedicated account representative who handles all the queries or questions the client might be having.

Verdict

ThinkForex is a very fast growing brokerage firm having the best fills and spreads in the market. Think Forex is recommended for anyone who is looking for a reliable broker to invest their money. Customer service is excellent and its own VPS is the best in the country. Its website is very bright and colourful with a youthful approach.

 
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Steve Gardner

I am living in London. I am an e-entrepreneur. I have been working in the financial trading industry as a professional since 2003. I am a fan of Chelsea team. I am married. I like cycling.
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