ThinkMarkets is one of Australia's leading brokers, which has received official regulation from ASIC and offers advanced options trading technology. Formerly, this broker was known as ThinkForex before rebranding in July 2016. At the same time, ThinkMarkets broker also announced that they have obtained a license from FCA UK.
Like other brokers, ThinkMarkets also provides a free demo account facility. Beginner traders who have just jumped into the forex market, or those who want to try brokerage services, are strongly advised to practice trading on a demo account first. The money used as trading capital is provided in virtual form, so traders don't have to worry about suffering real losses. In addition, demo accounts are often used to study market conditions or try new trading strategies.
Broker ThinkMarkets provides demo accounts for all existing account types, namely Standard, Pro, and VIP. Following are the steps to open a ThinkMarkets demo account:
- Go to the ThinkMarkets website.
- Then click "Create Account" and select " Try a demo account".
- After that, a demo account registration form will appear. Fill in the form according to your data and choose the trading platform you will use, starting with your name, email, telephone number, and password. ThinkMarkets also has three platform options, namely ThinkTrader, MT4, and MT5. Click "Submit" after completing the filling.
- Your account has been created.
- You can start learning to trade or explore the advantages of trading services at ThinkMarkets brokerage with a demo account. Please download the platform application you want, or access it directly in your internet browser with the WebTrader platform type.
- Account data will be sent to the email address you specified when registering. Save this data carefully, because it will always be used whenever you need to log in to a demo trading account at ThinkMarkets.
ThinkMarkets Demo Account Benefits
A ThinkMarkets demo account is available to provide a trading experience that is different from the demo accounts of other brokers. Here, you can sample various facilities and the latest trading technology, as well as surf with superior brokerage services whose credibility is beyond doubt.
The ThinkMarkets demo account also provides a convenient solution for those of you who want to try alternative platforms other than MT4. By registering a demo account on the ThinkTrader platform, you can experience ThinkMarkets' unique features specially developed to provide the best facilities for its traders.
ThinkMarkets is an Australian broker that introduces the ThinkTrader platform. With zero spread and low latency for fast execution, this broker is very suitable for traders who prioritize low costs and order accuracy.