Review Score
Platform
Pricing
Customer service
Features

ThinkForex

Minimum deposit ($)
250.0
Commission
6.0
Accepting US clients?
Swap free accounts
Segregated accounts
Interest on margin
Managed accounts
Accounts for money managers (MAM, PAMM)
One click trading
API
OCO orders
Trading over the phone
Hedging allowed
Trailing stops
Mobile trading
Scalping allowed
Bonuses
Demo Accounts
Web based trading
Contests
Decimals
5
Minimum lot size
0.01
Maximum lot size
0.0
Spread
Variable
Broker type
STP, ECN
Maximal leverage (1:?)
500
Phone
Australia: +61-3-9093-3400 UK: +44-203-514-2374
Fax
-
Availability
Phone, Chat, Email
Address
Australia: Level 11, 636 St. Kilda Road. Melbourne, VIC, Australia 3004 UK: 2 Copthall Avenue, London EC2R 7DA
Regulation
FCA (UK), ASIC (Australia)
Trading Platforms
MetaTrader 4
Funding/Withdrawal methods
Wire Transfer, Credit Card, Debit Card, Neteller, UnionPay, Skrill, Netbanx, BPay
Account Currency
USD, GBP, EUR, CHF, JPY, NZD, CAD, SGD, AUD
Languages
English
Country
Australia
International offices
Australia, United Kingdom
Trading platform(s) timezone
(GMT +2:00) South Africa, Jerusalem
Other trading instruments
Indices, Commodities, Energies, CFDs
ThinkForex User Reviews
ThinkForex User Reviews
Member Since Jul 31, 2009   1444 posts
Nov 08, 2016 at 12:39
Member Since Jun 05, 2014   6 posts
Feb 12, 2016 at 11:44
Well for Ermes it looks to me like simple delay latenzy issue so your trades got opened a bit delayed with a different price therefore causing in this case a bigger loss... no reason to claim ThinkForest would be scaming...
Member Since May 27, 2014   14 posts
Jul 18, 2015 at 08:01
Those upper persons talked about bad of Thinkforex were utter rubbish, because I know Thinkforex is good and honest! I have been trading with them for more than two years, I am sure Thinkforex is for those traders who can make profit in long term. Thinkforex will execute all your orders in accurate price as well as no slippage, yet it accepts aggressive scalping. One thing poor is the speed of execution which is a bit slower than other brokers. They even admitted their fault for returning full trade loss of usd330.50 to me as I opened a ticket to ask them for investigation. Thinkforex is really honest and responsible broker! Traders should have no worries to trade with Thinkforex. I will simply say Thinkforex will rapidly grow stronger in this industry
Member Since May 21, 2011   47 posts
Jan 23, 2014 at 13:42
@Ermes, did thinkforex resolve your issue?

If not, let me know how I can help. I am in constant contact with their office as I am an IB.
Member Since Feb 26, 2011   38 posts
May 04, 2013 at 07:38
Sorry, I've posted the same account twice.

ThinkForex (Live 2) ---> (same) Receiver




Omitted: even the demo account (Alpari NZ) is a RECEIVER. Therefore be ruled out technical problems.
In the past also thinkforex was regular. No 'Errors!'
When I started winning began tricks!
This is not the only session in which I find myself with losers positions added from broker.

Everyone is warned.

Now, I'm going to withdraw... Stay tuned.

I also produced a video that demonstrates this SCAM!
Maybe I will make public all of my accounts.

Attachments:

Member Since Feb 26, 2011   38 posts
May 03, 2013 at 16:25
Stay AWAY from this broker!!!
Adding losing position never opens...

Now I'm not able to login on their portal and withdraw

Alpari NZ (demo) ----> Sender



HotForex (live) ---> Receiver



ThinkForex (Live 1) ---> (same) Receiver



ThinkForex (Live 2) ---> (same) Receiver



Attachments:

Member Since Mar 16, 2010   46 posts
Feb 24, 2012 at 08:00
no MB withdrawals fee on the faq page

but Thinkforex alway charge $15
Member Since Jan 24, 2012   60 posts
Feb 15, 2012 at 23:49 (edited Feb 16, 2012 at 00:02)
fyi, my application for connection with rebatemypips to my thinkforex account is not approved.

Those intending to use their vps, check this out 1st >>> https://www.tfxvps.com/claim-free-forex-vps/

Average time taken for customer support is ~5-7days; maybe they're overloaded *shrugged*
Member Since Jun 22, 2011   1 posts
Feb 13, 2012 at 07:43
Justin just the suggestion the deposit by credit card to input to account very long time. Maybe your company can make this thing quick.
Tq
Member Since Jul 08, 2011   3 posts
Nov 19, 2011 at 11:12
thinkforex Withdrawal very difficult, I applied for a very long times to Withdrawal,but They have been no payment to me, they do not give me an answer. I hope they can solve this problem as soon as possible.
Member Since Jul 30, 2010   7 posts
Jul 16, 2011 at 09:14
The more I shop learn about forex the more I like ThinkForex.

I must say they have been extremely accommodating to all my requirements...
Member Since Feb 15, 2011   15 posts
Jul 15, 2011 at 22:14
I'm trading on ThinkForex VPS since December 2010 with a live account and real money. Never had any problem. Execution is perfect, customer support is second to none and available 24x7.
Member Since Aug 20, 2009   69 posts
May 23, 2011 at 12:19
very fast execution..i'm really like it.i put my ea and doubled in 1 month 😎
Member Since Feb 07, 2011   1 posts
Feb 07, 2011 at 20:59 (edited Feb 07, 2011 at 21:00)
Greetings,
My name is Justin Butler from ThinkForex and I am the official representative for the MyFXBook forum. I am here to answer any questions about ThinkForex and also provide you a overview of our firm.

Many traders have realized the benefits of ThinkForex with its true ECN/STP execution, platform speed, no re-quotes, proactive 24-hour customer support team and tight spreads. Now all of our traders have an added level of confidence in knowing they are conducting business with an officially licensed and regulated broker.

ThinkForex is quickly becoming the industry standard and trader’s choice for traders of all levels. With multiple platforms, including Metatrader 4, Metatrader 4 Pro and the ThinkForex SpeedTrader, traders have an endless amount of options to fit their trading needs.

I understand that many of you have been waiting to come on board with ThinkForex, but the pending status of our regulation has been holding you back. I am pleased to announce that we are now officially licensed with FSPR and FSCL in New Zealand.

https://www.business.govt.nz/fsp/app/ui/fsp/version/searchSummaryCompanyFSP/FSP52861/1.do

Now all of our traders have the peace of mind to know that your funds are safe and you have a large and well-respected government entity backing you up in the event of a dispute. Our platform speed, ECN/STP execution and spreads are setting the tone for the future of forex firms. Now you have the confidence to realize what so many already have by joining a broker you can truly trust.

Best regards,

Justin Butler
ThinkForex Account Executive
www.ThinkForex.com
Phone: (877) 302-1692 ext. 1005
Fax: (877) 467-8128
Member Since Jul 30, 2010   7 posts
Dec 28, 2010 at 10:53
Hi,

I am actually running Robominer and Forex Gold Trader with ThinkForex. I am running Hyper EA on CFH markets as I found it did not perform as well as expected in ThinkForex. For Hyper EA - the best brokers are the ones they advise - either FinFx, CFH Markets or NordFX. The Hyper EA account you were looking at by the way is real. You can see wheat I am doing in terms of broker and leverage etc by hitting the 'General' tab next to the chart.
Member Since Mar 21, 2010   2 posts
Dec 28, 2010 at 00:37
I'm also trying out the HyperEA on the ThinkForex demo mt4 platform.
I'm glad to hear your happy with TF however is your account real or demo? And I don't see any score from you. Maybe you should place a sore?
I'm passing on a score here for the time being as I'm still testing them out and only on a demo. I don't give much credit myself to scores on just demo accounts as they tend to be very different from the real deal.
Member Since Jul 30, 2010   7 posts
Sep 19, 2010 at 17:47
Broker is applying for regulation with BVI.
Fast execution
No commission ECN broker
Free VPS
Hedging allowed.
Swap free accounts available.
Customer service - second to none - and I mean it!

Add a Review

Sign In / Sign Up to submit your review
You must have an active trading account connected to Myfxbook in order to create a review.
Platform
Pricing
Customer service
Features
* Commercial use and spam will not be tolerated, and may result in account termination.