ThinkMarkets Review Australia 2026

Verdict

ThinkMarkets is a Melbourne-founded broker that has earned a steady mid-pack ranking on this site for Australian traders. The headline strengths are a strong global regulatory profile, a genuinely good proprietary platform in ThinkTrader, and a product range that runs deeper than most boutique RAW brokers (4,000+ instruments). The ThinkZero account isn’t quite priced at the level of Pepperstone Razor or IC Markets Raw, but it’s competitive enough that you don’t lose much on cost, and the broader product menu may pay that back if you trade share CFDs, ETFs or futures alongside forex.

ThinkMarkets isn’t the broker we’d point to for a forex purist chasing the absolute lowest cost. For someone who wants a Melbourne-based ASIC broker with a credible proprietary mobile app, MT4/MT5 in the same account, and access to thousands of instruments under one login, it’s a sensible pick. The brand visibility from sponsorships (Manchester United, Brisbane Heat) doesn’t change the fundamentals, but it’s worth knowing the broker is well-resourced and not a fly-by-night operation.

Quick facts

Trading costs and fees

ThinkZero (RAW) account

ThinkZero is the broker’s commission-based account, priced as raw interbank spread plus a USD 7 round-turn commission per standard lot. EUR/USD spreads start at 0.0 pips and average around 0.1 pips during liquid sessions. Adding the commission, the total cost on a standard EUR/USD lot at AUDUSD 0.65 sits around 0.7 pips equivalent. That puts ThinkZero in the same band as CMC’s FX Active and a touch above Pepperstone Razor and IC Markets Raw.

Standard account

The Standard account uses spread-only pricing, no commission. EUR/USD typically prices from 0.4 pips and averages around 0.8 pips. That’s tighter than the AU industry average for spread-only accounts (around 1.1 pips on EUR/USD).

VIP account

The VIP tier is offered to high-volume clients and applies tighter ThinkZero spreads with reduced commission. The qualifying volume is set on a case-by-case basis.

Other fees AU traders should check

• Overnight swap rates applied to positions held past 5 PM New York. Direction-dependent.
• Currency conversion applies if you trade an instrument denominated in a currency other than your base.
• Withdrawal fees generally $0 on AU funding methods.
• Inactivity fee: USD 10 per month after 12 months of no trading activity.

Trading platforms

ThinkMarkets is one of a small group of AU brokers running a credible proprietary platform alongside MT4 and MT5.

ThinkTrader (proprietary)

ThinkTrader is the broker’s web and mobile platform. It’s the differentiator versus most MT4/MT5-only competitors. Strengths:

• Genuinely well-built mobile app on iOS and Android
• 120+ technical indicators
• Smart Signals technical analysis built in
• Clean, modern interface designed mobile-first
• Biometric login (Face ID, Touch ID, Android equivalent)
• Watchlists sync across web and mobile

The mobile app is the part traders mention most. If you want to manage positions from your phone with a proper trading interface, ThinkTrader is one of the better options in our 30-broker set.

MetaTrader 4

Standard MT4 build with full EA support and the ThinkZero pricing engine. Right choice if you run legacy EAs.

MetaTrader 5

MT5 with multi-asset support (forex, indices, share CFDs, futures CFDs). Useful if you trade across asset classes and want a single platform.

TradingView (verify)

ThinkMarkets has at times offered native TradingView integration. Availability has fluctuated. Verify the broker’s current TradingView status before relying on this for your decision.

ZuluTrade

ZuluTrade copy-trading integration is available for clients who want to follow signal providers.

Trust and safety

Trust score: 8.2/10.

Regulation

TF Global Markets (Aust) Pty Ltd holds AFSL 424700 with the Australian Securities and Investments Commission. The licence has been continuously held since 2010.

The broader ThinkMarkets group holds:

• FCA (UK), Tier 1
• CySEC (Cyprus, EU), Tier 1
• FSCA (South Africa), Tier 2
• DFSA (UAE), Tier 2
• JFSA (Japan), Tier 1
• FSC (Mauritius), offshore

The combination of ASIC, FCA, CySEC and JFSA gives ThinkMarkets one of the broader Tier-1 footprints among AU mid-tier brokers.

History and ownership

Founded in Melbourne in 2010 by Nauman Anees and Faizan Anees. Privately held. The group attempted to list publicly via a SPAC merger in 2021-22; the deal was cancelled in 2022 and the broker remains private as of 2026.

Sponsorship visibility is meaningful: ThinkMarkets has been a global sponsor of Manchester United and a partner of Cricket Australia’s Brisbane Heat in the BBL.

Public reviews

ThinkMarkets carries a TrustPilot score around 4.0/5 from over 1,500 reviews globally. Common positives mentioned: ThinkTrader app quality, support response time, breadth of products. Common negatives: occasional withdrawal verification delays.

Account types and minimum deposit

Funding and withdrawals

Deposit methods (AU clients)

Withdrawals

$0 on most domestic methods. Withdrawals must use the same source as deposits where possible.

Account opening

Fully online and AUSTRAC-compliant. Most AU applications are approved within 24 hours. Onboarding test score: 11/15.

Product range

ThinkMarkets covers more than most boutique RAW brokers, even if it’s narrower than CMC or IG.

• Forex: 60+ pairs covering majors, minors and a reasonable AUD cross set
• Indices: major global indices including ASX 200, S&P/ASX SPI 200, S&P 500, NASDAQ, FTSE 100, DAX, Nikkei
• Shares CFDs: 3,500+ across ASX, NYSE, NASDAQ, LSE, EU exchanges
• Commodities: gold (XAU/USD), silver, oil (WTI and Brent), natural gas, agricultural softs
• Cryptocurrencies: major crypto CFDs including BTC, ETH, XRP, ADA, SOL. ASIC’s 2:1 cap applies
• ETFs: selection of ETF CFDs across global markets
• Futures CFDs: index futures and commodity futures CFDs

Customer service

Phone, live chat and email. Hours: 24 hours, Monday to Friday Sydney time. Average live chat response time in our testing: under 90 seconds during AU business hours.

Languages supported: English, Chinese, Spanish, Italian, Arabic, Japanese, Russian.

Research and education

ThinkMarkets bundles a respectable research stack into ThinkTrader:

• Trading Central daily research feed
• Smart Signals technical analysis
• Economic calendar
• In-platform news (Reuters)
• ThinkTrader video tutorials and platform walkthroughs
• Beginner education hub on the website

How ThinkMarkets compares to alternatives

If you value…	Consider
Tightest forex spreads	Pepperstone or IC Markets
Broader product range	CMC Markets or IG Markets
Direct ASX shares plus CFDs	CMC Markets
Beginner-focused platform	Plus500 or eToro
Native cTrader	Pepperstone or Fusion Markets
Cheapest commissions	Fusion Markets or IC Markets
Strong proprietary mobile app	CMC Markets or Plus500

Bottom line

ThinkMarkets is a credible Melbourne-based mid-tier ASIC broker with a stronger global regulatory profile than the price tier suggests. The ThinkZero account isn’t the absolute cheapest, but it’s close enough that the broader product range and the genuinely good ThinkTrader mobile app may swing the decision for someone who values multi-asset access and proper mobile trading.

Open a ThinkMarkets demo → (affiliate link, see our advertiser disclosure)