ThinkMarkets review: is it safe for gold trading?

Is ThinkMarkets safe?

ThinkMarkets is a 16-year-old broker headquartered in London, UK. The group has 6 regulated companies (FCA, ASIC, CySEC, FSCA, JFSA, FSA). How safe it is for you depends on which one opens your account: in 5 of the 22 countries we cover that is a Tier 1–2 regulated company. Elsewhere it is TF Global Markets (Int) Ltd (FSA, Tier 4 · light offshore).

Regulation and licences

Each regulator name links to its own public register. Search the exact company name from your account agreement there before you deposit. How to verify a licence

Which company holds your account

ThinkMarkets assigns clients to different companies depending on where they live. This is the company, regulator and score you would get in each country we cover.

Trading gold with ThinkMarkets

Platforms

MT4, MT5, TradingView, Own platform

Minimum gold order

0.01 lot (1 oz)

Swap-free account

Yes

Minimum deposit

$0

Round-trip cost, 1 lot XAUUSD

Not measured yet

Spread widening at NFP

Not measured yet

Withdrawal time

Not measured yet

Overnight swap, 1 lot long

Not measured yet

Cost, news-spread and withdrawal tests run on live accounts from our gold cost lab. Results appear here as each broker is tested. Gold pip value calculator · Margin calculator

Fees, deposits and withdrawals

What the broker publishes about deposits, withdrawals and fees. These are the broker’s own terms, collected from independent reviews and the broker’s pages, not our lab measurements.

Minimum deposit

None on Standard; ThinkZero from 100 USD

Inactivity fee

May apply after a period without trading (amount not published by the reviewer)

Deposit fee

None from broker; conversion fees may apply

Withdrawal fee

25 USD on bank wire (100 USD minimum); other methods free

Withdrawal time

Processed within 24 hours

Account types

Standard · ThinkZero (commission) · Islamic

Raw account commission

3.50 USD per side (7 USD round turn) on ThinkZero

Payment methods

Bank wire · Visa/Mastercard · Skrill · Neteller · Apple Pay · Google Pay · USDT

• No public regulatory fines found in our search
• In 2024 a London court ordered ThinkMarkets to return about 4.28m USD it had debited from a client over alleged swap abuse (civil case, not a regulator action)

Checked 2026-11-05. Terms change; confirm on the broker’s site before you deposit.

Regulatory record

We found no public regulatory fines against ThinkMarkets in our search (2026-11-05). That is not a guarantee; check the regulators’ enforcement pages too.

Fines and regulator orders in the last five years reduce the protection score: −4 each, up to −12. Self-reported breaches that were compensated, and public warnings, are shown but not scored.

Score breakdown

For clients in countries without a local licence (account held by TF Global Markets (Int) Ltd): 46 / 100 · Measured so far: 45 of 100 weight points

Full methodology and data rules →

Pros and cons

What traders say

The Trader Voice score sits beside our expert score and is never mixed into it. It combines public review scores with ratings from our own readers.

Trustpilot scores reflect who a broker invites to review, so we temper them with the share of one-star reviews. Reader ratings count after an account is 72 hours old; one rating per account per broker. Full methodology and data rules

Trader evidence

What readers report from their own accounts: how long withdrawals took, complaints whose evidence our editors checked, and corrections to our data. Nobody can pay to remove a complaint.

Questions

Alternatives

• VANVantage 46Compare →
• EIGEightcap 45Compare →
• PEPPepperstone 48Compare →
• FPFP Markets 44Compare →