ThinkMarkets Rolls Out a Mini Account Featuring Dynamic Leverage Options

November 27, 2023

ThinkMarkets has unveiled a Mini Account with flexible leverage up to 1:2000, adjusting dynamically according to the total size of open transactions.

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Forex broker ThinkMarkets has rolled out a mini account featuring dynamic leverage, allowing for a maximum leverage of up to 1:2000. Traders can get started with a minimum deposit of $10, and this mini-account covers various assets such as forex, gold, stock indices, crude oil, and cryptocurrencies.

This ThinkMarkets news is particularly significant for traders with limited capital, offering them the flexibility of managing risks and maximizing potential profits. Unlike fixed leverage, dynamic leverage adjusts according to the size of the trade, providing traders with a more adaptable approach to their trading strategies.

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Here's a quick example to illustrate: if you kick off with a 1-lot position at a leverage of 1:2000, the required margin is $53.10.

Now, let's say you decide to add a new 4-lot position, bringing the total lots to 5. For this second position, the leverage becomes 1:1000. Opening a 4-lot position with 1:1000 leverage requires a margin of $424.80. So, the combined margin for these two positions now stands at $477.90.

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Continuing with the illustration, suppose you decide to open a 50-lot position, making it a total of 55 lots. The leverage adjusts to 1:500, and the margin required to open a 50-lot position with 1:500 leverage is $10,620. The overall margin for these three positions, totaling 55 lots, is now $11,097.90.

Now, let's add another scenario where you introduce a 100-lot position, bringing the grand total to 200 lots. The leverage for this fourth position is 1:200, and the margin needed to open a 100-lot position with 1:200 leverage is $53,100. Consequently, the total margin for all positions sums up to $73,755.90.

It's worth noting that this multi-asset broker provides mini accounts on both MT4 and MT5 platforms, featuring zero commissions and spread-only costs.

ThinkMarkets Review

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. More

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