ThinkMarkets Crypto Review 2027: Fees, Coins and Regulation

The company began in New Zealand, moved its base to Australia and later established a UK headquarters. It bought a mobile trading application, Trade Interceptor, and developed it into the ThinkTrader platform that now anchors its offer.

It is privately owned. A planned stock-market listing some years ago did not proceed.

The broker offers CFDs on bitcoin, ether and a selection of other coins. We have not recorded a verified count: the number of crypto markets is noticeably larger at some entities than at others, and it has changed over time.

Before choosing the broker for a particular coin, check the instrument list for the entity that would hold your account. All crypto products are CFDs, with no ownership of coins.

Crypto CFDs are spread-only. No commission is charged on them.

The two main accounts for general trading are:

• Standard: no commission, wider spreads
• ThinkZero: raw spreads with a commission per lot on currencies and metals

We do not have an independently tested bitcoin spread for ThinkMarkets, so no claim about its ranking on price is made here.

The Standard account has no minimum deposit, or a very low one of about $10 depending on the entity. ThinkZero requires a larger first deposit.

The firm states that it holds an insurance policy through the Lloyd's market that provides cover for client funds above the statutory minimum for certain entities, up to a stated limit per client. As with similar policies at other brokers, it applies to insolvency of the firm, not trading losses, and its terms should be read in full.

British retail customers are shut out of crypto CFDs by the regulator's ban. Residents of the United States are not accepted.

Retail leverage on crypto is 1:2 under FCA and ASIC rules. Offshore limits are higher. The platform shows the margin required for each trade before you confirm.

The proprietary platform is the main reason to consider this broker. It runs on the web, desktop and mobile, and offers:

• Charts powered by TradingView technology, with a very large indicator set
• Split-screen views with several charts at once, even on a phone
• Cloud-based alerts that trigger whether or not the app is open
• One-click trading and order placement from the chart

The mobile version in particular is among the best in retail trading, originally designed as a standalone charting app and refined over years.

MetaTrader 4 and MetaTrader 5 are supported for clients with expert advisors. A direct TradingView connection lets you trade from that site's charts. The full instrument range, including the wider crypto list where available, is generally found on ThinkTrader.

The platform includes a scanner that flags instruments in established trends and rates the risk of each setup. There is also a trade-signals service at some entities. These are aids to finding ideas. They do not replace the work of deciding how much to risk.

ThinkCopy is a copy-trading service integrated with the platform. Clients can follow strategy providers and allocate funds proportionally. Standard cautions apply: short records and high returns usually come with hidden risk.

The broker uses data centres in London, Hong Kong and elsewhere and quotes fast average execution. It allows scalping and automated trading. A free virtual private server is offered to clients who meet deposit or volume thresholds.

Crypto never closes, and nobody can watch it constantly. Cloud alerts on price levels or indicator conditions let you step away and be notified when something relevant happens. Paired with a stop-loss placed at entry, this is a healthier way to trade a round-the-clock market than checking a phone every few minutes.

A trader wants to buy ether if it breaks above a recent high. An alert is set at that level. When it triggers on a Saturday afternoon, the trader opens the app, sees that the spread is wider than usual for the weekend, and decides to enter with half the planned size. The platform did not make the decision, but it delivered the information at the right moment.

Deposits can be made by card, bank transfer, e-wallets and, at some entities, crypto. The broker does not charge deposit fees. Withdrawals are processed within a business day and are free for most methods.

Crypto CFDs trade throughout the week, including weekends at most entities.

A learning section offers articles, videos and webinars. Platform tutorials for ThinkTrader are clear and worth watching.

Daily market commentary is published by in-house analysts, and an economic calendar is integrated into the platform.

Support runs around the clock, every day, by chat, email and phone. Weekend coverage is an advantage for crypto traders.

A demo account with virtual funds is available on ThinkTrader and MetaTrader. It is the right place to compare crypto lists between platforms.

Customer deposits are placed with large banks in accounts separate from the company's. Eligible British clients can turn to the national compensation scheme. No coins are held for clients.

Reports can be downloaded from the client portal. In Japan, where the firm operates a local entity, crypto derivatives are subject to their own leverage cap and tax rules, a reminder of how much conditions vary by country.

Because conditions vary so much between the group's companies, three short questions save time. Which legal entity will hold my account? How many crypto CFDs does that entity list on ThinkTrader today? What is the typical bitcoin spread at weekends? A support agent can answer all three in a chat, and the answers tell you whether the broker fits your plan better than any general review can.

Pepperstone and Eightcap share Australian roots and have tested low bitcoin spreads and clearer crypto lists. ThinkMarkets competes on its platform, which is better on mobile than anything those two build themselves, and on a wide regulatory footprint that includes Japan.

It suits you if you:

• Trade mainly from a phone and want advanced charts with reliable alerts.
• Value licences in the UK, Australia or Japan.
• Treat crypto as one market among several.

It suits you less if you need a documented, wide crypto range, benchmarked low spreads or real coins.