ThinkMarkets Spread Betting MT4 Review

ThinkMarkets MT4 Spread Betting Review

Spread Bet on MT4

  • FCA & ASIC Regulated ✔
  • Tight variable spreads
  • Minimum deposit: None
  • Expert Advisors
  • CFD accounts available
  • No commission charge
  • 40+ Forex pairs
  • 50+ markets
Expert Advisors Allowed

ThinkMarkets Spread Betting MT4 Review

In the UK, ThinkMarkets offers spread betting on MT4. For clients outside of the UK (and for clients in the UK as well) ThinkMarkets provides CFD trading as well. On MT4 ThinkMarkets has less markets than on its ThinkTrader platform.

What spread betting markets does ThinkMarkets offer on MT4 ?

The markets to trade offered are: Forex, Indices, Energy and Metals, for a total of 50+ spread betting markets. This is less than ThinkTrader and MT5 CFD accounts, which have 1000+. The MT5 spread betting account has slightly more markets to trade than the MT4 spread betting account.

What advantages does MT4 have ?

MT4 allows the trader to trade making their own decisions (discretionary) trading and allows them to automate trading strategies. For discretionary trading, MT4 provides a range of indicators and charting tool, to enable the trader to analyse a market. For automated trading, MT4 provides Expert Advisors, which are automated trading strategies. The trader can use ones already built, can modify them or build them themselves. MT4 has a marketplace which allows the trade to add on indicators and strategies and other tools.

What is ThinkMarkets's minimum deposit ?

There is no minimum deposit for ThinkMarkets's Standard account.

Does ThinkMarkets's MT4 spread betting account charge commissions ?

No, there is no commission charge for spread betting on MT4. Compensation for the broker occurs through the spread difference.

Is ThinkMarkets regulated ?

ThinkMarkets is authorised and regulated by the Financial Conduct Authority (FCA) in the United Kingdom and is regulated by the Australian Securities and Investments Commission (ASIC) in Australia and is licensed by the Financial Sector Conduct Authority (FSCA) in South Africa.