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Thinkforex review | A review by AnalystFX

ThinkForex Review

think forex

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At a Glance:

Country of origin: Australia

Founded in: 2010

Regulation: ASIC

Minimum Deposit: $250

Min. lot size: 0.01 lot

Max. Leverage: 500:1

Spreads: from 0.8 pips

About ThinkForex

ThinkForex was established by traders who wanted to create an ideal company clients of which would use automated trading systems. Thus, traders came up with an idea for ThinkForex creation. The company offers 5 types of trading accounts as well as quick order execution, over 35 trading instruments, and the narrowest spreads. The company’s clients may choose one of the following trading platforms: MT4, SpeedTader or SpeedTrader Pro. Automated trading is also possible via ZuluTrade and MirrorTrade trading platforms. Free VPS hosting is available for traders whose deposit is above $2,500.

ThinkForex Review Table:

Broker Information

Trading Information

Legal NameThinkForexPlatform TypecTrader , iPhone App , MT4 , Web Trading
Broker TypeSTPPlatform LanguagesMulti-lingual
Websitewww.thinkforex.comOS CompatibilityMac OS , iOS , Windows , Android
HeadquartersAustraliaSocial TradingYes
Founded in2010Trading SignalsYes
RegulatorsASICAutomated TradingYes
US ClientsNoTrade From ChartsYes
Contact Number+ 61-3-9093-3400Binary Option TradingYes
Email:info@thinkforex.comE-mail AlertsYes

Account Information

Mobile AlertsNo
Minimum account size$250Trailing StopsYes
Maximum account sizeGuaranteed Stop LossYes
Minimum position size0.01 lotGuaranteed Limit OrdersYes
Spread type

 

FixedGuaranteed FillsYes
Spread on EUR/USD 0.8 pipsScalpingAllowed
Leverage up to1:500HedgingAllowed
Trading instrumentsCurrency, Gold, silver, CFDExpert advisorsAllowed
Trading platformsMetaTrader 4Interest on MarginNo
Digits after dot5One-Click ExecutionYes
Margin call levelOCO Ordersyes
Stop-out level

Deposit and Withdraw

Minimum distance to stop/limit orders,3Deposit MethodBPAY, VISA, MasterCard, Bank wire
Number of currency pairs38Withdraw MethodBank Wire Transfer , Credit Card , Moneybookers , Neteller , Union Pay
Mini AccountNoDeposit TimeInstant
VIP AccountYesAverage Withdraw Time
SWAP free AccountYes

Customer Service

Segregated AccountYes24 Hours SupportNo
Institutional AccountsNoCustomer Support LanguagesChinese, English, Japanese

Support Services

Phone SupportYes
Managed AccountsYesLive Chat SupportYes
Market NewsNo

Bonus & Promotion

Market UpdateYesNo Deposit BonusNo
Educational ProgramYesDeposit BonusNo

 

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