ThinkMarkets Broker Testimonials
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Testimonials Category
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Deposit and Withdrawal (140)
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Order Execution (59)
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Spreads and Commissions (36)
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Customer Support (82)
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Regulation and security (35)
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Demo accounts (10)
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Slippages and requotes (11)
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Leverage (25)
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Trading cost (20)
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Bonuses and promotions (16)
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Trading Platforms (107)
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Trading Tools (7)
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Trading Contests (1)
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Trading Accounts (69)
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Trading Instruments (46)
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Broker Features (26)
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Partnership Program (4)
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Education (23)
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Automatic Trading (19)
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Hedging (2)
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Other (52)
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Very high and frequent slippage at us30 and nas100, us30 spread is 150, slippage added like 330, nas100 spread is 105, slippage added like 200. I use stop orders rather than limit or market orders, still other broker do not behave like this. Same Ea works fine with ICmarkets and Admirals and Axi.
Caused huge loss.
Really bad slippage! The overall platform is bad and doesn't regards the users demand at all. Withdrawall is difficult and sometimes refused.
Feb 19 2021
So here is my story. I have been working with ThinkMarkets as an IB through my Forex cashback/rebate service. At the time, ThinkMarkets IB commission rate and also an increased rebate after a few active clients. 1.5 years later, when we reached the required number of clients and I wanted to talk about the increased rebate and request my first withdrawal. Instead of the increased IB commission, I got an investigation and a message from their partner department that after 2 clients (and their trading accounts) ThinkMarkets was not able to pay the generated IB commission. Turns out this client was also an IB partner. I have no idea about this. I requested additional information about this case but I got only a paragraph that was not valid for this case.
So many questions about this broker. After a few good trades the broker encouraged me to increase my account balance. He then reccomended some trades in silver tipped by their expert in commodities. I questioned the trade size but was assured it was safe. Then the trade was stopped. I wonder whether this breaches the code for treatment of retail clients.