Score

2.36 /10
Danger

ThinkMarkets

Australia

10-15 years

Regulated in Australia

Market Making(MM)

MT4/5 full license

Global Business

High potential risk

Benchmark

AA

Influence

A

Influence

E

Open Account
Website

Score

License Index0.00

Business Index8.01

Risk Management Index0.00

Software Index8.80

Regulatory Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!

Benchmark

AA

Influence

A

Influence

E

Website
Open Account

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open for free

Contact number

English

+61 3 9093 3400

English

+44 203 514 2374

English

+39 023 057 9033

English

+34 911829975

Broker Information

More

Company Name

TF GLOBAL MARKETS (AUST) PTY LTD

Company Abbreviation

ThinkMarkets

Platform registered country and region

Australia

Company website

Twitter

Facebook

Instagram

YouTube

Linkedin

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 3
Previous Detection : 2022-10-04
  • The WikiFX cloud system has verified this broker has way too many complaints, and it is in the WikiFX complaint blacklist; please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 50 for this broker in the past 3 months, please be aware of the risk and the potential scam!

WikiFX Verification

ThinkMarkets · Benchmark
Average transaction speed(ms)
448.9
The highest transaction speed(ms)
109 Good
The highest speed of opening positions(ms)
109 Great
The highest speed of closing position(ms)
156 Good
The lowest speed of opening positions(ms)
1985 Poor
The lowest speed of closing position(ms)
1844
Ranking: 39 / 113
Test user 185
Transactions 8,667
Ocuppied margin $277,766 USD
Data Source WikiFX Data provide
Updated: 2022-09-30 00:09:00
Pyramid scheme complaint
Expose
Severe Slippage

Large spread led to liquidation

At 6-7 a.m. on August 9, 2020, the slippage increased over $10, which led to a large losses to me when I wanted to lock position. I communicated with them but they did not reply. Please expose it because the platform shirked the responsibility and refused to pay compensation. Here are the screenshots of cycle diagram of forced liquidation of M1 and the price when the order is locked and the position is forced to close.

2021-08-13 15:04
Others

No way to complain about the system error. No AFCA regulation

Trading status: April 21, 2020 I wanna trade via ThinkTrader App I traded at about 16:40 and it went smoothly which can verify that my phone and the network are normal. I invested 250 positions of WTI Oil and I decided to close positions at 17:05. And when I was closing the positions, the network slagged. And I checked my positions after I had executed and the system showed that there was no position. So I thought that I closed all positions at that time After that, I checked the system again and found that I finished transactions at 17:11 cuz the margin was insufficient. But I didn’t know that. So the broker should compensate me. But =111 refused Share my experience: They didn’t answer me until 15 days passed. I complained this broker to AFCA while they don’t have the right to regulate this broker. Because Thinkmarkets said my account belonged to them. But the email sent by them hasn’t mentioned Think Capital Limited and their official email said the financial products were offered by TF Global Markets (UK) Ltdor TF Global Markets (Aust) Pty Ltd I hope investors who have the same experience as me could hep me handle the issue. Thanks.

2021-06-17 13:46
Severe Slippage

ThinkMarkets platform quotation error for no reason!

The GBP on ThinkMarkets platform gapped 150 points for no reason. I have checked that other platforms don’t have this K-line gapped by 150 points at all. This wash is too obvious. The platform customer service also refuses to admit or compensate for this. Fortunately, If you placed an order with a stop loss at the time, otherwise you will lose a lot of liquidation. Everyone must pay attention to the ThinkMarkets platform.

2021-09-19 15:49
Others

Thinkmarkets Seized My Funds of $700 my account

Dear Team, I am writing to solicit for your assistance. My Name is Lawrence Aitokhuehi from Nigeria. I was introduced into forex trading by a friend after some training I opened an account with thinkmarkets. Account Name Aitokhuehi Lawrence Account Number: 39069920 Broker: Thinkmarkets On their platform I was advised to fund my account via zotapay which I did with the provided rate of N420.32 to $1.00 on the platform while the central bank of Nigeria official rate was N420 to $1.00 I funded the account to the turn of $1,020 on the account and my Naira account was debited accordingly. I traded for about a month and made some loses and the balance on my trading account reduce to $720. On the 06/09/2022 I request for bank wire withdrawal of $520 to my bank account, on the thinkmarkets platform from the balance $720. The next day thinkmarkets suspend my account, withdraw all the funds and send me a mail that they have cleared my account to settle the difference in the conversion rate as at when the account was funded (attached are the mail). They also went further to state that the funds debited from my naira account by zotapay was not fully credited to them (mail also attached) They are saying the correct exchange rate that ought to have been used by Zotapay is N1,181.00 to $1.00. mail also attached. In the history of finance, USD/Naira rate has never exceeded N427 to $1.00 on our bank transactions. Zotapay is not responding to my mails sent to them since this whole thing stated May family is devastated because of this and the account officer assigned to me is no longer taking my calls and replying my chat. Please I need help to recover my funds as $700 is a lot of money in Nigeria Please let me know if you need any other information to assist me as I am in pain hear I need justice. Account Name Aitokhuehi Lawrence Account Number: 39069920 Broker: Thinkmarkets Kindly contact me

2022-09-11 00:04

    Total Margin Trend

    • VPS Region
    • User
    • Products
    • Closing time
    • Tokyo
    • 829***
    • XAUUSDx
    • 10-03 21:37:57
    • Singapore
    • 604***
    • XAUUSDx
    • 10-03 21:37:59
    • silicon valley
    • 186***
    • XAUUSDMini
    • 10-04 04:12:32

    Stop Out

    0.76%

    Stop Out Symbol Distribution

    6 months

    Sources

    News

    NewsDespite Of Revenue Dropped By 38%, ThinkMarkets UK Is Still Expecting Profit For Profit Increase

    ThinkMarkets, a Melbourne-based broker, disclosed its financials for 2021, claiming a 38% decrease in turnover. The total was more than £2.73 million, up from £4.38 million the previous year.

    WikiFX
    2022-09-20 17:13
    Despite Of Revenue Dropped By 38%, ThinkMarkets UK Is Still Expecting Profit For Profit Increase

    NewsWIKIFX REPORT: Gold, Oil and EUR/USD Prices, Major Markets Go Risk-on

    When the Markets await on 11th August at 4:30 pm UAE time the producer price index (PPI) of July.

    WikiFX
    2022-08-30 12:06
    WIKIFX REPORT: Gold, Oil and EUR/USD Prices, Major Markets Go Risk-on

    NewsWIKIFX REPORT: Gold Price Forecast: Fundamentals Behind a Strong USD

    The eurozone manufacturing PMI data Flash (August) 49.7 has come in higher than expected 49 and lower than the previous of 49.8 although, the actual print remains below 50 reflecting an economic contraction in the European economy. The situation in the UK was not better, as the data of August for the same mentioned index 46 came in lower than expected at 51.1 and the previous of 52.1

    WikiFX
    2022-08-30 12:00
    WIKIFX REPORT: Gold Price Forecast: Fundamentals Behind a Strong USD

    NewsWIKIFX REPORT: Week Ahead Preview 1st of August

    Next week is going to be packed with highly important data and central banks’ rate decisions. High inflation levels (6.1% in Australia and 9.4% in the UK) may lead the BOE and the RBA to increase interest rates in their upcoming meeting/s.

    WikiFX
    2022-08-09 16:39
    WIKIFX REPORT: Week Ahead Preview 1st of August

    NewsWIKIFX REPORT: EU discuss plans to cut gas consumption by 15%

    EUR/USD Price May Fall towards This Level

    WikiFX
    2022-08-05 14:39
    WIKIFX REPORT: EU discuss plans to cut gas consumption by 15%

    NewsWIKIFX REPORT: This Week In Markets

    Here are some developments on markets that are still processing the 75BP rate boost that the Federal Reserve announced last week. A further 75BP may be discussed in the July meeting, according to some Fed members. While those increases are important to control the high levels of inflation, worries about a potential recession are mounting. This may be the subject of the questions the congressional committee will ask Chairman Powell during this week's appearance.

    WikiFX
    2022-06-24 14:23
    WIKIFX REPORT: This Week In Markets

    NewsWIKIFX REPORT: ThinkMarkets Firm Offers Additional Features From Trading Central

    FCA-controlled ThinkMarkets brokers, a multi-resource financier offering forex, CFDs, and commodity items, has included Trading Central a supplier of speculation research and money related market editorial to help enhance customer trading encounters with the significant trading investigation and upgrade the association’s item advertising.

    WikiFX
    2022-05-26 11:27
    WIKIFX REPORT: ThinkMarkets Firm Offers Additional Features From Trading Central

    NewsWIKIFX REPORT: LIVERPOOL STARS FEATURE IN NEW THINKMARKETS CAMPAIGN

    Online brokerage company ThinkMarkets has launched ‘Your Trading Teammate’, a new hero film featuring Liverpool Football Club stars Joel Matip, James Milner, and Nat Phillips.

    WikiFX
    2022-05-26 11:16
    WIKIFX REPORT: LIVERPOOL STARS FEATURE IN NEW THINKMARKETS CAMPAIGN

    NewsWIKIFX REPORT: ThinkMarkets obtains $40 million growth capital funding package

    ThinkMarkets, an Australian-based global brokerage firm, announced today the successful completion of a $40 million fundraising round. The capital package, according to the corporation, will enable growth across all of its new and existing business efforts in 20222.

    WikiFX
    2022-05-25 14:28
    WIKIFX REPORT: ThinkMarkets obtains $40 million growth capital funding package

    NewsWIKIFX REPORT: Liverpool FC launches new partnership with ThinkMarkets

    Liverpool FC has welcomed global online trading broker, ThinkMarkets, as its new Official Global Trading Partner.

    WikiFX
    2022-05-25 14:22
    WIKIFX REPORT: Liverpool FC launches new partnership with ThinkMarkets

    NewsWIKIFX REPORT: Online brokerage ThinkMarkets secures $30m investment to support growth

    Trading platform ThinkMarkets has landed a $30 million investment from Mars Growth, a Liquidity Group and MUFG joint venture fund.

    WikiFX
    2022-05-25 14:12
    WIKIFX REPORT: Online brokerage ThinkMarkets secures $30m investment to support growth

    NewsWIKIFX REPORT: ThinkMarkets Launches Institutional Business with Liquidity.net

    After celebrating a decade in the market as a retail brokerage, ThinkMarkets has now introduced Liquidity.net, a foray into multi-asset liquidity provision aimed at servicing institutional and professional clients. Liquidity.net is a registered trading name in the UK with the Financial Conduct Authority and has established offices in London and Dubai.

    WikiFX
    2022-05-25 14:02
    WIKIFX REPORT: ThinkMarkets Launches Institutional Business with Liquidity.net

    NewsThinkMarkets Signs Sponsorship Deal with Liverpool FC

    The financials involved in the deal are not known

    WikiFX
    2021-08-18 11:39
    ThinkMarkets Signs Sponsorship Deal with Liverpool FC
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    ※ The content of this website abides with local laws and regulations.
    You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
    consumer hotline:006531290538
    Official Email:support@wikifx.com;
    Mobile Phone Number:234 706 777 7762;61 449895363
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