How To Trade On ThinkMarkets?

Adam Rosen - Lead financial writer

Updated 18-Dec-2024

Trading On ThinkMarkets

Trading on ThinkMarkets refers to the purchasing and selling of various types of financial products on the ThinkMarkets trading platform with the purpose of generating a profit and positive ThinkMarkets trading account balance. ThinkMarkets traders, trade on the speculation that the value of financial instruments will move in a predetermined way, beneficial to there ThinkMarkets trading positions and ThinkMarkets market exposure. ThinkMarkets instruments themselves are derived from a wide array of assets that are each given a fluctuating monetary value on global financial markets accesible using the ThinkMarkets trading software and tools.

Traders have access to a wide variety of financial markets via the ThinkMarkets trading platform, including foreign exchange (Forex), indices, commodities, stocks and CFDs. When you trade with ThinkMarkets, you will need to have a comprehensive understanding of risk management strategies when actively trading with ThinkMarkets. risk management trading features that can be accessed through the ThinkMarkets platform, such as stop loss and negative balance options should be readily understood and utilised when trading with ThinkMarkets.

How do I get started with ThinkMarkets trading?

In the world of ThinkMarkets trading, a ThinkMarkets trade that has been established or entered but has not yet been closed with an opposing trade on ThinkMarkets is referred to as an open position. The actions of buying, selling, taking a long position, or taking a short position with ThinkMarkets can all result in an open position. In any event, your ThinkMarkets position will stay open until the completion of a trade in the opposite direction.

You have the option to toggle between Amount and Units whenever you open a trade on ThinkMarkets. This allows you to enter the dollar value that you want to invest in a particular asset using ThinkMarkets. The number of units you are purchasing using ThinkMarkets will be displayed in the Open Trade window based on the price of the asset at the time the trade was opened with ThinkMarkets.

You can change the order of the instruments in your ThinkMarkets trading account by double-clicking or right-clicking on them. When the price reaches either the 'Take Profit' or the 'Stop Loss level' on ThinkMarkets, any open ThinkMarkets positions will be closed. The same holds true for ThinkMarkets pending orders, each of which has a predetermined termination date.

If the market moves against you and your ThinkMarkets account margin level percent reaches a certain level, ThinkMarkets has the option to close any open positions on your ThinkMarkets account. This causes a ThinkMarkets margin call to be issued, and if further losses occur, the ThinkMarkets account could reach the liquidation level. In order to minimise the additional risk to your ThinkMarkets account, your position with the greatest loss will be liquidated first.

A ThinkMarkets investor is said to have market exposure when they have an open position on ThinkMarkets. The only way to completely remove the risk is to close all ThinkMarkets open positions. In order to close a short position on ThinkMarkets, it is necessary to buy back financial instruments. Selling long positions is required in order to close out ThinkMarkets long positions. It's possible to fill an ThinkMarkets open position in as little as a few minutes or as much as a few years, depending on the approach and the goal when trading on the ThinkMarkets platform.

How to configure ThinkMarkets limit orders and stop loss orders

A stop-loss order is an order that is placed with ThinkMarkets to buy or sell a specific financial instrument once the price has reached a certain level on ThinkMarkets. When the price reaches that level, the stop-loss order is executed by ThinkMarkets. According to the financial regulators that monitor ThinkMarkets, the order is intended to put a cap on the amount of money an ThinkMarkets investor can lose on a particular financial position.

In the ThinkMarkets 'Order' window, you have the ability to make extensive changes to your ThinkMarkets order, beginning with the order volume (lot size) and continuing with the configuration of a ThinkMarkets 'Stop Loss' or ThinkMarkets 'Take Profit'. In the event that the stop-loss or take-profit price is currently too close to the current price, the message "Invalid S/L or T/P" will appear on the ThinkMarkets trading screen.

You can select a different trading instrument from the ThinkMarkets list that is accessible via a drop-down menu in the Symbol field. The ThinkMarkets buy limit, the ThinkMarkets sell limit, the buy stop, and the sell stop can all be set for ThinkMarkets pending orders. To submit, click the "Place" button on ThinkMarkets, and you will see a message confirming that the ThinkMarkets order has been carried out.

How do I close a trade on ThinkMarkets

When talking about financial transactions on ThinkMarkets, "closing a position" refers to carrying out a trade that is the polar opposite of an ThinkMarkets open position. This cancels out the ThinkMarkets open position and gets rid of the initial ThinkMarkets exposure. A long position in a security on ThinkMarkets would need to be closed by selling the security, whereas a short position would need to be closed by purchasing the security again on ThinkMarkets.

Selling assets through ThinkMarkets is a simple process.

How to make changes to orders using ThinkMarkets

You are able to partially close positions on ThinkMarkets. Simply decrease the ThinkMarkets trading volume in the 'Order' window until it corresponds to the amount you desire. You can also set or modify ThinkMarkets 'Take Profit' or 'Stop Loss' levels by clicking on the order price level on the chart and dragging it to the preferred price level on ThinkMarkets. This allows you to set or modify ThinkMarkets 'Take Profit' or 'Stop Loss levels'.

You have the option to close the ThinkMarkets trade, modify the ThinkMarkets order, or add a ThinkMarkets trailing stop when you right-click on the trade while it is displayed in the ThinkMarkets trading screen or in the chart. The price that appears after the column labelled "Symbol" is the price at which you actually executed the ThinkMarkets trade.

Trading based on ThinkMarkets technical analysis.

The purpose of the ThinkMarkets trading discipline known as technical analysis is to analyse investments and locate potential trading opportunities using ThinkMarkets trading tools. Technical analysis, focuses on using ThinkMarkets to study price and volume rather than fundamental analysis, which attempts to evaluate the value of a security using ThinkMarkets based on business results such as sales and earnings. Fundamental analysis is more common on ThinkMarkets. The historical trading activity and price fluctuations of a security are analysed by ThinkMarkets traders.

ThinkMarkets tools used in technical analysis are put to use in order to investigate how changes in supply and demand for a ThinkMarkets security will have an impact on shifts in price, volume, and implied volatility. It is based on the premise that the researched ThinkMarkets trading activity and price changes of a security in the past can be valuable ThinkMarkets indicators of the price movements of the security in the future.

Technical analysis indicators provided by ThinkMarkets

The study of patterns and signals on ThinkMarkets, that can be used to forecast price movements and to trade with ThinkMarkets on those movements is known as technical analysis. While the primary purpose of some ThinkMarkets market indicators is to identify the current market trend, the primary purpose of other market indicators on ThinkMarkets is to determine the strength of a trend. ThinkMarkets charting tools such as trendlines, channels, moving averages, and momentum indicators are utilised frequently on ThinkMarkets.

The most common types of technical trading indicators used on ThinkMarkets include price trends, chart patterns, ThinkMarkets volume and momentum indicators, ThinkMarkets moving averages, support and resistance levels, and oscillators.

The steps you need to take in order to start trading on ThinkMarkets

You should experiment with different ThinkMarkets graphs, interface layouts, and shortcuts whenever you trade using ThinkMarkets on a desktop computer, a laptop computer, or a mobile device. If you are just starting out with ThinkMarkets, it is strongly recommended that you begin by practising on a ThinkMarkets demo account. This will give you the opportunity to get a sense of the ThinkMarkets tools that you prefer to use and the ThinkMarkets configuration that works best for you.

Create an account by registering with ThinkMarkets

You will be required to go to the website of the ThinkMarkets brokerage that you will be trading with in order to complete the ThinkMarkets registration process for a new ThinkMarkets trading account. This includes your first and last name, as well as your address, email address, and other contact information. In addition to providing ThinkMarkets some responses to some questions, you will be required to choose a password for your ThinkMarkets account.

Trading can take many different forms with ThinkMarkets, but they all carry the inherent risk of losing money that was initially invested with ThinkMarkets. The first and most important rule of trading with ThinkMarkets is that you should never trade or invest with money with ThinkMarkets that you cannot afford to lose. That implies that the funds you deposit into your new ThinkMarkets trading account are the discretionary funds you have remaining after paying all of your bills.

Verify your ThinkMarkets account

After you have created a ThinkMarkets new username and password, you will be able to access your newly opened ThinkMarkets brokerage account by logging in to the respective ThinkMarkets broker's website using those details. You can also take advantage of the ThinkMarkets demo account, which enables you to trade in real market conditions using ThinkMarkets virtual funds without running the risk of losing real money with ThinkMarkets.

The opening of a ThinkMarkets brokerage account is a very straightforward process. You will be required to present a valid form of identification to ThinkMarkets as well as a valid form of residence before your identity can be verified by ThinkMarkets. You will also be required to provide a recent bank statement or utility bill to ThinkMarkets in which your full name and address are presented in a legible manner.

Fund your ThinkMarkets Account

After establishing a ThinkMarkets trading account and confirming your identity, you will have complete access to your ThinkMarkets account immediately. Your initial ThinkMarkets trading balance payment is the only thing that needs to be completed before you can get started. You will find that all of the top brokers like ThinkMarkets support a variety of deposit options from which you can select. Available ThinkMarkets funding and withdrawal methods including

What kinds of trades are available on ThinkMarkets?

ThinkMarkets allows traders to trade more than 1,500 different financial instruments, including . ThinkMarkets investors and traders all over the world now have access to a wider variety of trading instruments than ever before. This trend is expected to continue in the foreseeable future with brokers like ThinkMarkets.

Investing in stocks using ThinkMarkets

ThinkMarkets investors are able to buy and sell shares of various companies through the stock market. ThinkMarkets offers access to a network of markets like the stock market where companies can list their shares and other securities for sale and purchase on ThinkMarkets. ThinkMarkets traders can trade US stocks, UK stocks and other international stocks, including trading stocks on ThinkMarkets using CFD leverage.

Trading indices on ThinkMarkets with your money

Buying and selling of a particular stock market index on ThinkMarkets is what "index trading" refers to as a definition of "index trading." The performance of a group of stocks is typically represented by an index on the ThinkMarkets platform. The value of an index increases on ThinkMarkets whenever the prices of the individual shares that make up the index rise. If, on the other hand, prices go down, the value of the index will go down as well on ThinkMarkets.

Trading foreign exchange through ThinkMarkets

The foreign exchange market available on ThinkMarkets, makes it possible to trade one currency for another of different countries' currencies. Always traded in pairs, there are a wide variety of possible currency combinations on ThinkMarkets. Forex currency pairs on ThinkMarkets include major, minor and exotic currency pairs. however, only a select ThinkMarkets currency pairs are considered to be highly liquid on ThinkMarkets.

ThinkMarkets as a Platform for Trading Commodities

ThinkMarkets offers a wide range of tradable commodities. The term "hard commodities" refers to natural resources on ThinkMarkets, while the term "soft commodities" refers to goods produced by livestock or agriculture, such as meat and dairy products which are available to trade using ThinkMarkets.

ThinkMarkets support for trading exchange-traded funds

ThinkMarkets also offers access to ETF trading. ETFs are investing vehicles available on ThinkMarkets, that cover a wide range of markets, sectors, industries, currencies, and commodities. These ETF funds can be bought and sold quickly on ThinkMarkets or held for an extended period of time, trading similarly to stocks on ThinkMarkets.

Using ThinkMarkets to engage in CFD trading

ThinkMarkets offers CFD trading in certain countries where financial regulators permit ThinkMarkets CFD trading. A contract for differences, also known as a CFD, is an arrangement made in the trading of financial derivatives on ThinkMarkets in which the cash-settled differences in the settlement between the open and closing trade prices on ThinkMarkets. A ThinkMarkets contract for difference (CFD) is speculation on price movement up or down against ThinkMarkets and does not involve the delivery of any physical goods or securities.

ThinkMarkets CFD trading is high risk and has a high percentage of losing traders due to the ability to trade at up to x3 or x20 the ThinkMarkets traders deposited amount. ThinkMarkets CFD gains may be great but so may the losses.

ThinkMarkets financial regulation

Fraudulent activities in the trading industry have prompted financial regulators to increase their oversight of brokers and trading platforms like ThinkMarkets. According to the country in which they ThinkMarkets traders are active, the various regulatory bodies each have their own unique set of regulations and methods of enforcement that ThinkMarkets must adhere too to service traders in those countries. As a ThinkMarkets customer, you need to exercise extreme caution in order to make certain that the people with whom you are transacting are well financially regulated. ThinkMarkets is regulated by SD060 Number Reference Firm Authority Services Financial the by regulated and authorised Is Limited Int Markets Global 49835),TF No (FSP Provider Services Financial Authorised an is Ltd Africa)(Pty) (South Markets Global TF 424700, number License Services Financial Australian of holder the is Limited (AUST) Markets Global TF 629628, FRN Authority Conduct Financial the by regulated and authorised is Limited (UK) Markets Global TF (FSA), Seychelles Authority Services Financial (FSCA), Authority Conduct Sector Financial (ASIC), Commission Investments and Securities Australian (FCA), Authority Conduct Financial.

How Does Trading On ThinkMarkets Compare Against Other Brokers?

  • Is ThinkMarkets Broker Safe?

    Visit ThinkMarkets

    ThinkMarkets Financial Regulation: Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Financial Sector Conduct Authority (FSCA), Financial Services Authority Seychelles (FSA), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, TF Global Markets (AUST) Limited is the holder of Australian Financial Services License number 424700, TF Global Markets (South Africa)(Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835),TF Global Markets Int Limited Is authorised and regulated by the Financial Services Authority Firm Reference Number SD060

    🀴 ThinkMarkets is Used By: 500,000

    πŸ’΅ What You Can Trade with ThinkMarkets: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, Energies, Metals,
    πŸ’΅ Instruments Available with ThinkMarkets: 1500

    πŸ“ˆ ThinkMarkets Inactivity Fees: Yes
    πŸ’° ThinkMarkets Withdrawal Fees: No
    πŸ’° ThinkMarkets Payment Methods: Credit cards, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, BitPay,
    πŸ’° ThinkMarkets Account Base Currencies: USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, NZD, CNH

    ThinkMarkets Risk warning : CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money

  • Is IC Markets Broker Safe?

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    IC Markets Financial Regulation: Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)

    🀴 IC Markets is Used By: 180,000

    πŸ’΅ What You Can Trade with IC Markets: Forex, Majors, Energies, Metals, Agriculturals,
    πŸ’΅ Instruments Available with IC Markets: 232

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    πŸ’° IC Markets Account Base Currencies: USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKD, NZD

    IC Markets Risk warning : Losses can exceed deposits

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    Roboforex Financial Regulation: RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272

    🀴 Roboforex is Used By: 10,000

    πŸ’΅ What You Can Trade with Roboforex: Forex, Minors, Majors, Exotics, Indices, Metals,
    πŸ’΅ Instruments Available with Roboforex: 100

    πŸ“ˆ Roboforex Inactivity Fees: No
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    🀴 AvaTrade is Used By: 200,000

    πŸ’΅ What You Can Trade with AvaTrade: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, Agriculturals, ETFs, IPO, Bonds,
    πŸ’΅ Instruments Available with AvaTrade: 1000

    πŸ“ˆ AvaTrade Inactivity Fees: No
    πŸ’° AvaTrade Withdrawal Fees: No
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    AvaTrade Risk warning : 71% of retail CFD accounts lose money

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    πŸ’΅ Instruments Available with FP Markets: 100

    πŸ“ˆ FP Markets Inactivity Fees: No
    πŸ’° FP Markets Withdrawal Fees: No
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    FP Markets Risk warning : Losses can exceed deposits

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    πŸ’΅ Instruments Available with NordFX: 50

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    NordFX Risk warning : Losses can exceed deposits

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    🀴 XTB is Used By: 250,000

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    πŸ’° XTB Withdrawal Fees: No
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    πŸ’° XTB Account Base Currencies: USD, GBP, EUR

    XTB Risk warning : 76% - 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

  • Is Pepperstone Broker Safe?

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    Pepperstone Financial Regulation: Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217

    🀴 Pepperstone is Used By: 89,000

    πŸ’΅ What You Can Trade with Pepperstone: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, Energies, Metals,
    πŸ’΅ Instruments Available with Pepperstone: 100

    πŸ“ˆ Pepperstone Inactivity Fees: Yes
    πŸ’° Pepperstone Withdrawal Fees: No
    πŸ’° Pepperstone Payment Methods: Credit cards, VISA, MasterCard, Debit cards, Bank Transfer, Electronic wallets (eWallets), PayPal, Neteller, BPAY, POLi, UnionPay, FasaPay, QIWI, Payoneer,
    πŸ’° Pepperstone Account Base Currencies: USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, NZD, HKD

    Pepperstone Risk warning : CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89 % of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money

  • Is XM Broker Safe?

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    XM Financial Regulation: Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)

    🀴 XM is Used By: 10,000,000

    πŸ’΅ What You Can Trade with XM: Forex, Stock CFDs, Commodity CFDs, Minors, Majors, Exotics, Equity Indices CFD, Energies CFD, Precious Metals
    πŸ’΅ Instruments Available with XM: 1000

    πŸ“ˆ XM Inactivity Fees: Yes
    πŸ’° XM Withdrawal Fees: No
    πŸ’° XM Payment Methods: Credit cards, Debit cards, Bank Transfer, Electronic wallets (eWallets), Moneta, ABAQOOS, PRZELEWY24, Neteller, PerfectMoney, WebMoney, UnionPay, FasaPay, CashU, Payza, QIWI, SOFORT, Giropay, Payoneer, Skrill,
    πŸ’° XM Account Base Currencies:

    XM Risk warning : CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

  • Is eToro Broker Safe?

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    eToro Financial Regulation: Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)

    🀴 eToro is Used By: 20,000,000

    πŸ’΅ What You Can Trade with eToro: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, Agriculturals, ETFs,
    πŸ’΅ Instruments Available with eToro: 2000

    πŸ“ˆ eToro Inactivity Fees: Yes
    πŸ’° eToro Withdrawal Fees: Yes
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    eToro Risk warning : 51% of retail investor accounts lose money when trading CFDs with this provider.

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    πŸ’΅ Instruments Available with FXPrimus: 130

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    easyMarkets Financial Regulation: Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI)

    🀴 easyMarkets is Used By: 142,500

    πŸ’΅ What You Can Trade with easyMarkets: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, Energies, Metals, Agriculturals, Options,
    πŸ’΅ Instruments Available with easyMarkets: 200

    πŸ“ˆ easyMarkets Inactivity Fees: No
    πŸ’° easyMarkets Withdrawal Fees: No
    πŸ’° easyMarkets Payment Methods: Credit cards, MasterCard, Maestro, American Express, JCB, Astropay, Debit cards, Bank Transfer, SOFORT, GiroPay, iDeal, Bpay, Electronic wallets (eWallets), Skrill, Neteller, WebMoney, UnionPay, WeChatPay, FasaPay, STICPAY,
    πŸ’° easyMarkets Account Base Currencies: USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, CNY, CZK, HKD, ILS, MXN, NOK, NZD, PLN, SEK, TRY, ZAR

    easyMarkets Risk warning : Your capital is at risk


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