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Chris Cammack is Head of Content Operations at Schlossbrink and is responsible for ensuring our content across all sites meets the exacting standards of quality and clarity that our readers expect; this includes shaping our editorial guidelines to fit the ever-changing world of online Forex trading and ensuring all broker reviews adhere to our strict review process.
Chris joined the company in 2019 after 10 years’ experience in research, editorial and design for political and financial publications. This background has given him a deep knowledge of international financial markets and the geo-politics that affects them. With a keen eye for editing and a voracious appetite for financial and political current affairs, Chris bring a publisher’s sense of precision and accuracy to all the content we produce. Chris has been trading Forex CFDs since 2012 and has a preference for cTrader and ECN brokers; he has found the GBP/USD pair particularly fascinating over the last few years.
Chris Cammack April 7, 2020 02:05 PM
ThinkMarkets is a multi-award-winning brokerage company with its headquarters found in the UK and Australia. The FCA (UK) and ASIC (Australia) are two of the most well-known regulatory authorities that oversee the company. The broker provides easy-to-use platforms with a wide variety of tradable assets and tools, making it suitable for both novice and expert traders. However, on the Standard account, trading costs on ThinkMarkets are higher than competitors’ costs. ThinkMarkets offers trading on a wider range of tradable assets than other brokers, including Forex, indices, commodities, crypto pairs, and 3600+ share CFDs. The ThinkMarkets Standard Account, with no minimum deposit requirement, has high trading costs compared to other brokers, at 12 USD per lot EUR/USD. On the other hand, the 500 USD minimum deposit ThinkZero account delivers better pricing at 8 USD per lot EUR/USD, which may interest more experienced traders. ThinkMarkets offers support for the MT4, MT5, and in-house ThinkTrader platforms, and traders have access to some of the best trading tools in the industry, including Trading Central, Zulutrade, and a VPS hosting service. Trading Central is offered free of charge to account holders. The Zulutrade copy-trading service requires a subscription of 30 USD per month, and the VPS service has a subscription fee unless traders trade over 15 lots per month. The ThinkMarkets education package is a good place to start for beginners. Daily market commentary is missing from the website, but real-time news from FX Wire Pro is integrated into the ThinkTrader platform, along with advanced order management, risk management tools, charts, and more.
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