ThinkMarkets – reviews and review of forex trading broker

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ThinkMarkets Review

If your looking for an STP forex broker with a reputation for tight spreads then ThinkMarkets is a great option. ThinkMarkets offers 38 currency pairs for forex trading, choice of MetaTrader 4, 5 and ThinkTrader trading platforms and leverage of 500:1 (ASIC, FSCA) and 30:1 (FCA).

Have a read of our ThinkTrader review and sign up to start trading.

By Justin Grossbard / Updated: Monday, April 06th, 2020

Key Features Found In Our review Of ThinkMarkets

Established in 2020, Our ThinkMarkets review (formerly called ThinkForex) foundThinkMarkets has a number of impressive features:

  • Low fees with 0.1 average spreads EUR/USD and commissions from $3.50 (£2.5 in UK)
  • $0 minimum deposit requirement and easy funding/withdrawal method
  • Choice of the ‘gold standard MetaTrader 4 + 5 or the ThinkTrader mobile trading platform
  • High margin of up to 500:1 leverage from their ASIC + FSCA entities (30:1 in the UK)
  • Range Of Markets With 240+ financial instruments traded
  • Enhanced trader protection with $1 million insurance protection
  • Super reliable network execution. 0.01% downtime and servers in HK and London

Our Rating

The overall rating is based on review by our experts

Forex Spreads And Fees Review

The ThinkZero account offers tighter spreads than the Standard account. Even if you consider the fact Standard account has no commission, ThinkZero account offers better value.

If we use the example provided by ThinkMarkets for each account. Spreads start from 0.1 for ThinkZero and 1.2 pips for Standard account for EUR/USD

A standard Pip costs $10 which means your costs for each account will be as follows:

  • ThinkZero: 0.1 pips = $1 plus round trip commission of $7. This means you will pay $8 in total after you open and then close your position.
  • Standard account: 1.2pip = $12 ($10 per pip plus $2 pro-rata).

From the example above we can conclude you will save $4.00 to open and close your position.

ThinkZero uses STP trading execution which means “razor-thin” pricing. You will find their spreads among the most competitive in the industry.

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Below is a comparison of spreads for each broker.

ThinkMarkets Account Types

ThinkMarkets (formerly ThinkForex) offers two main types of trading accounts for retail investors. These are the standard account and ThinkZero account (sometimes called pro account).

Standard Account

ThinkMarkets Standard Account is a spread only account. This type of account means no commissions meaning traders instead pay through wider spreads. The number of pips ThinkMarkets add for each currency pair will vary.

A Standard account is great for traders new to trading as they don’t need to worry about the costs of commissions. This keeps things simple when calculating your trading costs. The other of the standard account is that there is no minimum deposit to open an account however you will still need to meet margin requirements to open your position.

ThinkZero account

ThinkMarkets ThinkZero account is for traders wanting the tightest available spreads. ThinkZero uses Straight-Through-Processing (STP) trading execution which means your orders are routed to the liquidity providers the broker has agreements with. This type of execution has no dealing desk (NDD) which means your quotes are provided directly from liquidity providers without involvement by ThinkMarkets.

As STP does not involve a dealing desk, ThinkMarkets charges a commission instead of widening the spreads. Commissions with ThinkMarkets are:

  • In Australia and South Africa: $3.50 per standard lot each side of the trade or $7.00 round turn
  • In the UK: £2.5 per standard lot each side of the trade or £5 round turn

Minimum Deposits

There is no minimum deposit requirement to open a Standard Account. If you open a ThinkZero Account then there is a $500 / £500 minimum deposit

Standard vs ThinkZero Account – when regulated by ASIC and FCSA

Standard account vs ThinkZero when regulated by FCA

ThnkMarkets Islamic Account

An Islamic account is available for Muslim clients that wish to be compliant with Sharia law. The Sharia account is a swap-fee account which means there are no swaps or interests for any products held in your account. In place of swaps (also called overnight fees or rolling fees), a weekly administrative fee is charged for positions held 7 days or longer. Fees for major currency pairs are generally $5 while minors have a fee of $10.

Think Markets Pro-Account – Only applies in Europe and UK under FCA regulation

If you are registered with ThinkMarkets in the UK or Europe then you may be eligible for a Pro account. This account is for professional traders only. If you qualify for this account you receive the following benefits:

  • Trade with leverage up to 400:1 (retail traders can only do max 30:1)
  • Direct line to senior trader

Professional traders will lose the following benefits retails traders have:

  • Mandatory margin close-out rule
  • Negative balance protection

ThinkMarkets Leverage
Australia and South Africa (and outside UK and Europe)

ThinkMarkets offers leverage of 500:1 when trading forex for those that fall in ASIC and FCSA regulation (Australia / South Africa / Outside Europe and UK).

Leverage for other CFDS are:

Indices: 200:1
Energy: 200:1 (gas 25:1)
Metals: 400:1
Shares CFD: Retail Clients margin of 20% (5:1). Professional trader margins ranges from 5%(20:1) to 20 (5:1).
Commodity Futures: 2-3% margin (33:1 – 50:1)
UK and Europe

Leverage in the UK and Europe for retail traders is different due to FCA restrictions. Professional traders have the same leverage as Australia / South Africa listed above.

Leverage: Major currency pairs Retail traders 30:1 minor and exotic currency pairs 20:1. Professional trader 400:1
Indices: Retail traders 10:1 or 20:1.
Energy: Retail traders 10:1
Metals: Retail traders 400:1 (Copper 200:1)
Shares CFD: Retail Clients margin of 20% (5:1). Professional trader margins range from 5%(20:1) to 20 (5:1)
Commodity Futures: Margin of 10% (10:1)

Open a demo account >>Visit ThinkMarkets >>

What Trading Platforms Are Offered?

ThinkMarkets offer a choice of three trading platforms. These are MetaTrader 4, MetaTrader 5 and their own custom platform ThinkTrader.

1) MetaTrader 4 (MT4)

MT4 has long been established as the premier trading platform for Forex. While Metaquotes who are the makers of the trading platform has since introduced an MT5, MT4 continues to be the more popular trading platform. This is larger because:

  • Its reputation as the best trading platform for all users
  • The large MT4 community
  • It’s easy to use interface
  • Its appear to traders of all levels
  • Low-level resource usage

The main features of MT4 include:

  • 9 Timeframes
  • 30 Technical Indicators
  • 23 Graphical Objects
  • 3 Chart Types
  • 4 Pending order types
  • Hedging and netting options
  • 64-bit Multi-thread strategy testing for expert advisors (EAs)
  • Depth of Market (DOM)
  • Partial order filling
  • Integrated economic calendar

2) MetaTrader 5 (MT5)

MetaTrader 5 builds on MetaTrader 4 which has long been considered the “gold” standard in the industry. MT5 offers everything MT4 has an more. In time, it is expected MT4 will be phased out and MT5 will become the new “gold” standard”

You will notice MT5 has more advanced features than MT4. So if you have not used a trading platform before and plan to be a serious trading long term, then choosing MT5 over MT4 may be a smart move.

Features of MT5 include:

  • 21 Timeframes
  • 38 Technical Indicators
  • 44 Graphical Objects
  • 6 Pending order types
  • Hedging
  • 32-bit single-threaded strategy testing for expert advisors (EAs)

3) ThinkTrader

TradeTrader is ThinkMarkets own proprietary trading platform. The trading platform is a rebranding and enhancement on Trade Interceptor which was built only for the web. ThinkTrader can be used on the with Mac and Windows PCs as well as iOS and Android tablets and mobiles.

ThinkTrader has the distinction of being the most popular app for trading on Mobiles.

Key features of ThinkTrader include:

Technical features:

  • Over 80 indicators
  • 50 drawing tools and chart types
  • TrendRisk scanner to help you find the best trading opportunities using different timeframes

Technology features:

  • Ability to close multiple orders with one-click
  • Login to multi-devices at one time
  • Trading analysis tools kit that will work on mobile, tablet and PC
  • 200 cloud-based alert than can be sent to mobile, tablets and PCs even when you are offline

User experience:

  • Live news from FX Wire Pro
  • Ability to make deposits and withdrawals via mobile
  • Easy viewing to trading history at glace. This includes the choice of daily, weekly and monthly reports in choice of timeframes.

Customer Support and Customer Services

Customer Support

Customer Services can be broken into three basic categories. These are customer support, education and research.

ThinkMarkets customer support is available 24 x 5 (Monday to Friday). The ThinkMarkets customer support team are available via the following method:

  • Live chat integrated into their website and ThinkTrader trading platform
  • Web-Mail via their website
  • Direct email to specific departments including compliance, financial department, marketing, sales and support
  • Direct phone in Australia (1300 toll-free), UK, Italy and Spain and South Africa

If you have a ThinkZero

Education

ThinkMarkets offer a solid suite of education tools. Education tools include:

  • Upcoming webinars
  • Trading guides
  • Glossary
  • Online articles

Webinars are conducted on a regular basis and include a 1 to 1 question and answer session at the end. Topics change each week. These tools are broken down into three sections:

ThinkMarkets includes a series of trading guides that are broken down into by the trader’s skill level.

  • Trading for beginners
  • Intermediate trading tutorials
  • Advanced trading tutorials

These tools are a mix of online articles and PDF files. To access the PDF files you will need to sign up for a subscription which is free.

Beginner topics consist mostly of explainers such as CFDs explained and Fores explained along with “how-tos” such as how to trade Forex and how to start trading the markets. Other essential topics such as Leverage are also covered.

The intermediate trading tutorials cover more complex topics such as Bid-ask spreads, chart patterns order types.

Last the Advanced tutorial guide looks at technical analysis and fundamental analysis.

Research

ThinkMarkets have some useful research tools. These include:

  • Daily insights from their team on in-house experts
  • An economic calendar
  • Technical Analysis

Payment Methods – Deposits and Withdrawals

ThinkMarkets do not charge any fees for deposits or withdrawals. Time to process your deposits and withdrawals will vary depending by your chosen funding method. Funding methods include:

Australia /South Africa

  • Bank Wire / Bank Transfer
  • Credit Cards: Visa / MasterCard
  • Neteller
  • Skrill
  • bitpay (Australia only)
  • ZotaPay (South Africa only)
  • Payment Asia / Union Pay (UK/Europe only)
  • DinPay (UK/Europe only)

Available currencies will depend on the funding method and region you are based.

  • BankWire / Visa and MasterCard, Skrill accept the following for all regions: AUD, EUR, CHF, GBP, USD. In South Africa, it will also accept ZAR.
  • Neteller accepts USD, EUR, GBP, JPY and AUD (along with other currencies).
  • ZotaPay accepts ZAR, USD, EUR, CHF, GBP (along with other currencies).
  • Bitpay: Bitcoin, Bitcoin Cash and Ether.

ThinkMarkets Regulation

ThinkMarkets are joined with two regulators. Regulators set procedures and policies in place that protect your investments and dealings with forex brokers. Standard policies found with most if not all regulators include:

  • Keeping your funds in segregated bank accounts
  • Regular auditing of the brokers and reporting by the brokers
  • Establishing a complaints process
  • Publishing a Product Disclosure Statement (PDS)

Traders in the United Kingdom (and Europe) will likely to be signed up with TF Global Markets (UK) Limited. ThinkMarkets UK is overseen by the Financial Conduct Authority (FCA) – Licence number FRN 629628. The FCA have certain requirements the broker must meet – these include:

  • Retail Traders: Maximum Leverage of 30:1 for major forex pair, 20:1 for minor and exotic currency pairs.
  • Professional Traders: 500:1 (there are eligibility requirement you must satisfy to qualify)
  • Provide guaranteed negative balance protection to retail traders

TF Global Markets (UK) Limited are based in London and include local customer support.

Traders in Australia will sign up with TF Global Markets (Aust) Limited. ThinkMarkets Australia is overseen by the Australian Securities and Investments Commission (ASIC) – Australian Financial Services Licence (AFSL) number 424700. Benefits of ASIC regulation include:

  • Limit of 500:1 leverage for forex
  • Have a physical office presence in Australia
  • Provide effective customer service
  • The requirement that the broker has 1 million in operating capital. This helps protect the broker from debt risks in a volatile market
  • The requirement to meet ASIC auditing obligations
  • Keeping funds segregated in a tier-1 bank account

TF Global Markets (AUS) Limited are based in Melbourne and include local customer support.

Traders in South Africa will sign up with TF Global Markets (South Africa) Pty Ltd. ThinkMarkets South Africa is overseen by the Financial Sector Conduct Authority (FSCA) – FSP No 49835. Regulations with FSCA are similar to ASIC.

Risk Management

ThinkMarkets for the most part only offer “standards” risk management tools such as stop loss and trailing stops. There are no guaranteed stops available.

If you are trading with ThinkMarkets UK (Europe) and you are a retail trader then you will have guarantee negative balance protection included by default.

ThinkMarkets does include a feature not found in other brokers. This is called ThinkMarkets insurance protection. All clients are insured for free for up to $100,000,000 or £100,000,000. What this means is that in the unlikely event ThinkMarkets folds, then you will get up to 1 million in funds back. In the UK, FCA requires that all forex brokers offer insurance of up to £85,000. So ThinkMarkets goes well an truly beyond this requirement.

While we are not sure this feature is a must, CFD trading does involve a lot of high risk. It is a volatile industry to it helps to know your funds are secure should the worst happen to you broker.

Overall Conclusion Of ThinkMarkets

Regardless of your trading experience, ThinkMarkets have a solution for you. If you are new to forex trading then the standard account may be a good option for you. If you are looking to be serious about your trading and want to reduce your costs then ThinkZero stands up well against other similar products on the market.

Features ThinkMarkets offer that greatly impressed us and make it one of the best brokers around include:

  • Tight spreads with STP execution
  • Regulation with tier-1 regulators
  • 0.01% downtime making it reliable
  • Fast execution with regional data centres

Where are ThinkMarkets Data Centres Located

So you get the fastest trading execution speeds and reduce the chance of slippage, ThinkMarkets uses Equinix trading servers which is the largest trading ecosystem available.

As every millisecond counts to get the bid and ask price your want, ThinkMarkets has two Equinix data centres.

The LD5 centre – London

Equinix’s LD5 centre is located 11 miles from the centre of London and is where over 1000 exchanges, companies and liquidity provides operate. This data centre has an uptime record of 99.99% and offers some of the fastest available execution speed.

The Hong Kong centre – Hong Kong

This data centre is close to the financial hub of Asia. Over 455 companies are based in this hub. As it is located in Asia, this makes it a great option for traders in Asia.

What CFDs does ThinkMarkets offer?

ThinkMarkets offers a solid suite of CFDs for trade. These include

  • 38 Forex pairs
  • 20+ Indices
  • 3 Energies (Oil, Gas)
  • 7 Metals (Gold, Silver)
  • 5 Different cryptocurrencies including Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple
  • 1200+ Equities and ETFs
  • 7 Futures (6 commodities, 1 metal)

See out leverage section to see how much leverage is available for each CFD.

ThinkMarkets review Australia: Forex, commodities and CFD broker

ThinkMarkets is a UK and Australia based forex and commodities broker that offers competitive fees and spreads plus advanced trading features such as technical analysis tools and charting. It offers more than 38 currency pairs, gold, silver, oil, gas and stock and indices CFDs.

Good for

  • Offers 38+ currency pairings
  • Spreads as low as 0.0 pips
  • Quality customer service
  • CFD shares and indices at no extra fee

Not so good for

  • Share CFD commission higher than some
  • No direct share trading

Minimum Spreads for Major Currencies

Forex, indices, commodities, metals, stock CFDs, ETF CFDs, futures

MetaTrader4, MetaTrader5, ThinkTrader

Details

Type of broker Online only
Available markets Forex, indices, commodities, metals, stock CFDs, ETF CFDs, futures
Minimum Spreads for Major Currencies From 0 pips
Leverage 50:1 – 500:1
Commission $7 per trade
Minimum opening balance No minimum for standard account, $500 for pro account
Minimum Trade Size 0.01
Platforms MetaTrader4, MetaTrader5, ThinkTrader
Support 24/5 live chat, email, phone
Type of broker Online only
Available markets Forex, indices, commodities, metals, share CFDs, ETF CFDs, futures
Commission – ASX 200 Shares From $7 or 0.08%. (whichever is higher)
Minimum Opening Deposit $0
Minimum trade size 0.01 lot
Platforms MetaTrader4, MetaTrader5, ThinkTrader
Support 24/5 live chat, email, phone

Kylie Purcell

Kylie Purcell is the investments editor for Finder. She has a background in business and finance news and has previously worked at SBS, Your Money, Switzer Group and CCTV in Beijing. She specialises in cutting through messy financial jargon so that others don’t make the same investment decisions that she did in her misguided youth. When she’s not writing about the markets you can find her bingeing on long blacks.

About ThinkMarkets

ThinkMarkets is an online forex and CFD broker headquartered in London, United Kingdom. It launched in 2020 and has offices in Melbourne, Australia, as well as smaller hubs in the Middle East, North Africa, Europe and South America.

In addition to forex, users can trade stock and ETF CFDs, indices, commodities, cryptocurrencies and futures. It offers the industry-standard platforms MetaTrader 4 and the next-generation MetaTrader 5 as well as its proprietary platform ThinkTrader, which offers advanced charting, technical analysis and analytical tools to measure risk.

Why trade with ThinkMarkets?

There are a few solid reasons why you might go with ThinkMarkets ahead of another platform. First, its proprietary platform ThinkTrader will appeal to advanced traders that are looking for features beyond what the standard Meta 4 or Meta 5 platforms offer. This includes advanced charting, technical analysis tools, backtesting and risk assessment tools.

Its spreads and fees are competitive on both standard and advanced accounts, and you can get up to 25 trades commission-free. You also get a longer list of commodities, CFD shares and indices than many other brokers offer.

  • Customer service. Above average customer service with quick response times and detailed answers.
  • Spreads. FX spreads are as low as 0.0 pips on the professional account and start at 0.4 on the standard account.
  • Commission. You pay zero broker fees for forex trading, regardless of the account
  • Fast execution. ThinkMarkets offers high-speed trade executions
  • Technical analysis. Its proprietary ThinkTrader platform offers advanced trading tools including charting, technical analysis and backtesting.

Is ThinkMarkets trustworthy?

ThinkMarkets is registered with the Australian Securities Investment Commission (ASIC) under the trading name TF Global Markets (Aust) Limited and its a holder of Australian Financial Services Licence.

On popular user review sites, it has received mostly positive feedback, with users pointing to its tight spreads, good customer service, gold and forex trading and its unique ThinkTrader platform offering.

  • Forex Peace Army: 3.4*/5
  • AU Trustpilot: 4*/5

Note: Forex and CFD trading always carries risk, which you should be aware of, so read up before you start investing. Do your research before signing up to any forex or CFD trading platform.

What can I trade on ThinkMarkets?

Users can access a good selection of markets, with over 38 global currencies pairs, commodities trading in gold, silver, oil and natural gas, 5 cryptocurrencies and CFD shares and indices.

  • List of currencies: AUD, CAD, CHF, DKK, EUR, GBP, HFF, HUF, JPY, MXN, NOK, NZD, PLN, SEK, SGD, TRY, USD, ZAR
  • List of indices:Australia 200, China A50, Dow Jones 30, EuroStoxx 50, France 40, Germany 30, Hong Kong 50, Japan 225, Nasdaq US tech 100, South Africa ZAR40, Spain 35, US Dollar Index, UK 100, US SPX500
  • Individual shares (CFD): ASX, US, EU, UK, South Africa (MT5 required)
  • Commodities: Gold, Gold (zero), Gold (mini) Silver, Silver (zero), Silver (mini), Copper, Crude Oil (WTI), Crude Oil (Brent), Natural Gas,
  • Cryptocurrencies: Bitcoin, Bitcoin (cash), Etherium, Litecoin, Ripple

What are ThinkMarkets’ spreads and fees?

ThinkMarkets has among the lowest forex spreads and fees on the market. There are no broker FX commission costs when you use the Standard account however the advanced ThinkZero account charges $7 per trade.

There are no subscription, monthly or inactivity fees, so you won’t be charged for an inactive account. The standard account has no minimum opening balance, while the ThinkZero account requires $500 to open.

Standard ThinkZero
Minimum opening balance $0 $500
Spreads From 0.4 pips From 0.0 pips
FX commission per lot $0 $7 ($3.50 per side)
CFD commission From 0.9 points None
Minimum trade size 0.01 0.01
Leverage 50:1 – 500:1 50:1 – 500:1

What account types are available with ThinkMarkets?

ThinkMarkets has two main account options: Standard and its active account ThinkZero. There’s also a demo version of the software and an Islamic Account that complies with Sharia law. You get the same list of trading instruments on Standard or ThinkZero accounts, however, CFD stocks and cryptocurrencies are only available on ThinkTrader and MT5 platforms.

  • Demo version: A free trial version is available with $10,000 practice funds to play with for 30 days.
  • Standard: You can open the basic account with no minimum deposit required and spreads starting at 0.4 pips.
  • ThinkZero: You get tighter spreads using the ThinkZero account, though you’ll also need to pay a commission fee of $7 forex and there’s a minimum $500 deposit to open the account.
  • Islamic account: A Sharia compliant account that offers a limited selection of currencies.

What customer support options are available?

I was happy with ThinkMarkets’ customer service. The live chat responses I received were quick and detailed, plus the person I spoke to over the phone when I signed up was friendly and easy to chat to. Support staff seemed to have a good understanding of the forex market and CFD markets and went out of their way to assist.

News and training material

ThinkMarkets offers a decent hub for new traders, with training and basic how-to guides. More extensive educational material is offered once you sign up.

MT4 and MT5 already offer inbuilt news and company updates as well as customisable notifications to help keep you on top of important markets. ThinkMarkets’ proprietary ThinkTrader platform also offers a news service powered by financial analysis provider FXWirePro.

How do I open an account with ThinkMarkets?

You can apply for a demo, standard or ThinkZero (advanced) account by clicking on the link above.

When you open an account with ThinkMarkets, you’ll have the option of choosing your preferred account type along with your platform of choice (Meta 4, Meta 5 or ThinkTrader). You will also have the option of choosing your own maximum leverage (up to 500:1) and your account’s currency (AUD, USD, etc).

You’ll need to provide the following identification details:

  • Home address
  • Net annual income
  • Savings
  • Experience level
  • Option 1: Two photo IDs such as passport and driver’s license
  • Option 2: One photo ID plus one proof of address such as bank statement or bill

After you’ve been approved, you can download your platform of choice and starting trading.

Deposit methods: Visa, Mastercard, Skrill, BPAY, UnionPay, NetBanx, globalcollect, bank transfer.

Conclusion

ThinkMarkets has all the usual options when it comes to trading forex and CFDs, with a few additional features to keep advanced traders happy. Its customer support is well above the average, you have the option of using Meta 4 and Meta 5 if you want the standard, plus its advanced ThinkTrader for those wanting advanced analysis features.

Not sure if it’s for you? Check out our full list of forex and CFD brokers to compare fees, spreads and markets.

ThinkMarkets FAQs

Can residents of any country open an account with ThinkMarkets?

No. Australian residents are free to open an account, however, some countries are restricted due to local regulatory constraints.

Does ThinkMarkets allow me to trade shares?

No, you cannot directly buy shares, but you can trade stock CFDs and share market indices.

Can I trade from my account on my iPhone?

Yes, it’s possible to place trades from your desktop PC, Mac, iPhone or Android device.

Where are my funds held?

ThinkMarkets holds funds of Australian users within a trust account held at the Commonwealth Bank of Australia.

How can I withdraw funds?

Your withdrawal method depends on your deposit method, i.e. if you fund your account using bank transfer, withdrawal will be via bank transfer. You can make a withdrawal request through the client portal called ThinkPortal and funds take between 1 and 5 days to transfer, depending on the method you select.

Ask an expert

To ask a question simply log in via your email or Facebook or create an account.

Level 10, 99 York St, Sydney , NSW , Australia 2000

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ThinkMarkets – reviews and review of forex trading broker

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Forecast

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Forecast

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A survey of both wage-earning and non-working households, such as those classified as single-member, unemployed, or retired. The headline figure is the percentage change in average spending per household from the previous year. Increases in household spending are favorable for the Japanese economy because high consumer spending generally leads to higher levels of economic growth. Higher spending is also a sign of consumer optimism, as households confident in their future outlook will spend more. At the same time accelerated growth exerts inflationary pressure, which can lead to interest rate increases in the future.

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Forecast

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3.75bln Reading 4.36bln

A country’s trade balance reflects the difference between exports and imports of goods and services. The trade balance is one of the biggest components of the Balance of Payment, giving valuable insight into pressures on country’s currency.

Surpluses and Deficits
A positive Trade Balance (surplus) indicates that exports are greater than imports. When imports exceed exports, the country experiences a trade deficit. Because foreign goods are usually purchased using foreign currency, trade deficits usually reflect currency leaking out of the country. Such currency outflows may lead to a natural depreciation unless countered by comparable capital inflows (inflows in the form of investments, FDI – where foreigners investing in local equity, bond or real estates markets). At a bare minimum, deficits fundamentally weigh down the value of the currency.

Ramifications of Trade Balance on Markets
There are a number of factors that work to diminish the market impact of Trade Balance upon immediate release. The report is not very timely, coming some time after the reporting period. Developments in many of the figure’s components are also typically anticipated well beforehand. Lastly, since the report reflects data for a specific reporting month or quarter, any significant changes in the Trade Balance should plausibly have already been felt during that period, not during the release of data.

However, because of the overall significance of Trade Balance data in forecasting trends on Forex, the release has historically been one of the more important reports in any country.

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