advertise Blank

ThinkForex Reviews and User Ratings

Add to compare
  • Overview
  • Information
  • Video
  • Specification
  • Review score

ThinkForex General Information


Broker Name
ThinkForex
Established
2010
Country
Australia
Min Deposit
$250
Max Leverage
1:500
Regulation
ASIC, AFSL
Email
info@thinkforex.com
Telephone
61-3-9093-3400
Fax
-
Website Language
English, Chinese
Support Methods
Email
Telephone
Live Chat
Skype
24/7 Support
Deposit Options
Credit Cards, Debit Cards, Wire Transfer, Skrill, Neteller, China Union Pay
Withdraw Options
Credit Cards, Debit Cards, Wire Transfer, Skrill, Neteller, China Union Pay

back to menu ↑

Description


ThinkForex Background

ThinkForex was established back in 2010 and has its headquarters based in Australia. The dealer is focused on trading metals, oils, indices, stocks, gold and CFDs. The dealer is heavily regulated by the Australian Securities and Investments Commission (ASIC), and has won several awards for its outstanding services. A major reason why ThinkForex has gained such an immaculate reputation is because it allows its users to hedge, scalp and high speed trade using its trading platform. The dealer is also known for providing one of the soundest trading environments particularly to small time retail traders.

Features of ThinkForex

Allows trading CFDs, indices, oil, gold, stocks and metals

Fully regulated by the Australian Securities and Investments Commission (ASIC)

Allows hedging, scalping and high speed trading

Three types of trading accounts offered

Standard accounts can be opened for a minimum deposit of $250, Pro for $2,000, and VIP for $25, 000

Islamic accounts offered

Spreads as low as 0.2 pips

Offers two different trading platforms
The dealer’s website oozes of professionalism and has an extremely appealing design. All of the different parts of the site are readily accessible through the homepage. This includes opening demo/live accounts, the available trading platforms, forex education, and the dealer’s trading services etc. The site is available in two languages, English and Chinese. On the whole, it is very easy to use and professionally designed.

Conclusion

To sum it up, ThinkForex is a highly reliable broker that is fully regulated and is focused on giving its traders a smooth trading experience. It offers various account types for traders to choose from and offers outstanding customer services.

back to menu ↑

Video


back to menu ↑

Features and Trading Instruments


Features
Hedging
Scalping
Margin Interest Rate
Trailing Stop
Web Based Trading
Pending Orders
One Click Execution
Mobile Trading
US Traders
Automated Trading
Islamic Account
Swaps
Segregated account
Affiliate Program
Trading Contest
PAMM
Trading Instruments
Oil
Gold
Metal
Indices
ETFs
CFDs
Stocks
Commodities
back to menu ↑

Pros and Cons


ThinkForex’s customer support can be contacted between Sunday and Friday on a 24 hours basis. There are multiple ways of getting in touch with the broker, including email, live chat and telephone. The best part is that ThinkForex offers localized telephone numbers as well to assist callers from Australia, Brazil, Spain, Malaysia, UK, and New Zealand.

PROS:
  • Extremely reliable
  • Heavily regulated
  • Low spreads
  • Features reliable and efficient trading platforms
  • Low minimum initial deposit for account opening purposes
  • Different account types offered for traders to choose from
  • Excellent customer services
CONS:
  • ThinkForex is not open to accepting U.S.-based clients
back to menu ↑

Account Type


  • Minimum Account Size: $250
  • Spread: Low/ Fixed
  • Trading Instruments: Forex, Metals, CFDs
  • Trading Platforms: MT4, cTrader ,Mobile Trading

  • Minimum Account Size: $2000
  • Spread: Low/ Fixed
  • Trading Instruments: Forex, Metals, CFDs
  • Trading Platforms: MT4, cTrader ,Mobile Trading

  • Minimum Account Size: $25000
  • Spread: Low/ Fixed
  • Trading Instruments: Forex, Metals, CFDs
  • Trading Platforms: MT4, cTrader ,Mobile Trading

back to menu ↑

ThinkForex Review Score


ThinkForex Reviews and User Ratings
7.7 Total Score
5 reviews
Add your review
Web Design
8.2
Reliability
7.4
Platform
7.2
Customer Support
7.6
Withdrawal
8.2
Broker Name
ThinkForex
Established
2010
Country
Australia
Min Deposit
$250
Max Leverage
1:500
Regulation
ASIC, AFSL
Email
info@thinkforex.com
Telephone
61-3-9093-3400
Fax
-
Website Language
English, Chinese
Support Methods
Email
Telephone
Live Chat
Skype
24/7 Support
Deposit Options
Credit Cards, Debit Cards, Wire Transfer, Skrill, Neteller, China Union Pay
Withdraw Options
Credit Cards, Debit Cards, Wire Transfer, Skrill, Neteller, China Union Pay
Features
Hedging
Scalping
Margin Interest Rate
Trailing Stop
Web Based Trading
Pending Orders
One Click Execution
Mobile Trading
US Traders
Automated Trading
Islamic Account
Swaps
Segregated account
Affiliate Program
Trading Contest
PAMM
Trading Instruments
Oil
Gold
Metal
Indices
ETFs
CFDs
Stocks
Commodities
ThinkForex Reviews and User Ratings
7.7 Total Score
5 reviews
Add your review
Web Design
8.2
Reliability
7.4
Platform
7.2
Customer Support
7.6
Withdrawal
8.2

Subscribe to Receive Notifications

Get Notified With Good Content and Promotion

5 Comments
Show all Most Helpful Highest Rating Lowest Rating Add your review
  1. Reply
    Anita Woo
    May 16, 2016 at 7:23 pm
    2.3
    Web Design
    60
    Reliability
    40
    Platform
    40
    Customer Support
    40
    Withdrawal
    50

    Caveat Emptor – Buyer beware, Thinkforex makes a lot of flash promises but check out the fine print those promises might not apply to you. Don’t get me wrong the claims are legit but they are qualified by the fine print.

    Helpful(0) Unhelpful(0)You have already voted this
  2. Reply
    Harris Walker
    February 24, 2016 at 8:27 pm
    3.6
    Web Design
    80
    Reliability
    80
    Platform
    40
    Customer Support
    70
    Withdrawal
    90

    ThinkForex is a legit website that’s to be sure. It has all the bells and whistles that an aspiring trader might want to use to make his dough. But the site is text heavy, well organized but text heavy. Maybe a redraw is inorder?

    Helpful(0) Unhelpful(0)You have already voted this
  3. Reply
    Scott Whittle
    October 30, 2015 at 3:21 pm
    4.3
    Web Design
    80
    Reliability
    90
    Platform
    90
    Customer Support
    80
    Withdrawal
    90

    Those two words are music to my ears. ThinkForex allowed upto 500:1 leverage meaning my $100 can be used to make as much as $50,000 in trades. Every pip that goes up is multiplied 500 times for me. Pure profit.

    Helpful(0) Unhelpful(0)You have already voted this
  4. Reply
    Bill Ott
    July 5, 2015 at 4:17 pm
    4.7
    Web Design
    100
    Reliability
    80
    Platform
    100
    Customer Support
    100
    Withdrawal
    90

    ThinkForex offers a unique product when they give a level of protection for those who can make mistakes. The world of Forex and commodities trading is not for the risk adverse and sometimes despite all of research we can be wrong. It’s great that Thinkforex will give us a bit of a shield.

    Helpful(0) Unhelpful(0)You have already voted this
  5. Reply
    Mel Perry
    June 23, 2015 at 10:34 pm
    4.4
    Web Design
    90
    Reliability
    80
    Platform
    90
    Customer Support
    90
    Withdrawal
    90

    For those initiated spread is the difference between the buying or selling rate and the actual market rate of a commodity or currency. ThinkForex is promising that the spreads from them are zero or close to zero maximizing profit.

    Helpful(0) Unhelpful(0)You have already voted this

Leave a reply

Your total score

Login/Register access is temporary disabled
Compare items
  • Forex Broker (0)
  • Binary Options (0)
Compare
0