Thinktrader login5/2/2023 That said, minimum spreads are very low across the board (0.4 pips on the Standard Account and 0 pips on the ThinkZero Account) – though how often traders will see them is hard to say.Ĭommission on the ThinkZero Account is the industry-standard 3.5 USD per lot per side (7 USD round turn). It is hard to tell exactly what average spreads are with ThinkMarkets as, unusually for a large broker, the data per currency pair has not been made publicly available. Like the Standard Account, leverage is also set at 500:1 but ThinkZero Account holders have access to free AutoChartist and a personal account manager. The minimum operating balance on this account is 500 USD and the ThinkTrader platform is unsupported – meaning you will have to use MT4 or MT5. ThinkZero Account – The ThinkZero Account offers tighter spreads – starting at 0 pips but averaging 0.1 pips on major pairs – but charges an industry-standard commission per trade. 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.
0 Comments
Leave a Reply.AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |