Forex

MetaTrader 4 (MT4), an electronic trading platform, has become a popular choice for those entering the financial markets, particularly the foreign exchange (forex) and crypto markets. Beyond that, many brokers also open the door to trading indices and commodities on MT4. With the right broker, the platform’s reach goes even further across asset classes, and that’s exactly what ThinkMarkets’ MT4 trading platform delivers.

Are you a beginner or professional trader in the crypto or forex fields seeking a competitive edge in the financial market? ThinkMarkets has the tools you need to meet your requirements. With over a decade of experience in the industry, the broker gives users access to a diverse range of products, including FX, crypto, stocks, futures, indices, and more. Follow along as we dive deeper into ThinkMarkets and its services.

What is ThinkMarkets?

ThinkMarkets is a global, multi-regulated online brokerage that offers online trading services to retail and professional clients. Its core products revolve around CFDs on commodities, crypto, forex, indices, stocks, exchange-traded funds (ETFs), and futures. These contracts for difference allow traders to speculate on the future price movements of the underlying instruments without owning them.

The online broker was founded by two brothers, Nauman Anees and Faizan Anees, in 2010. Since then, the firm has expanded its geographical reach to various countries around the world. According to its official website, the platform has 10 licences to operate in various regions, including the United Kingdom (UK). ThinkMarkets has received 24 awards from notable platforms, including TradingView and Techradar.

The online trading platform offers various account types to suit the needs of traders. These account types include Standard, ThinkZero, and ThinkTrader. There are also demo accounts to sharpen traders’ skills and joint accounts for collaborative management between families or friends.

ThinkMarkets also has an academy section where users can improve their knowledge on trading-related topics and terminologies. The platform also offers videos to provide a more detailed explanation on various trading topics. This way, traders have the information they need to navigate the markets more confidently. The trading platform also boasts an up-to-date market news section, where traders are informed about the latest updates within the financial markets.

The broker also offers multilingual client support, available 7 days a week, to assist traders when they need it most. The available options include live chat, email, and phone.

A Closer Look at the MT4 Platform

MT4 is a trading interface that enables traders to view the price of financial assets, analyse charts and price movements, and execute trades.

But why should you use the MT4 platform with ThinkMarkets? Because it supports over 350 financial instruments, including commodities, forex, and crypto. It also offers a 99.9% fill rate, ensuring that traders can be confident their trades will be executed efficiently. Traders can also utilise the automated trading feature to execute trades.

Using the MT4 platform with ThinkMarkets also provides access to various features, such as virtual private server (VPS) hosting. A VPS is a type of hosting service that enables traders to remain connected to the global financial market regardless of their internet connectivity at any point. The goal is to reduce slippage, ensure continuous trading, and minimise latency.

This cloud-based service is available across ThinkMarkets’ MT4 and MT5 platforms. ThinkMarkets uses a third-party provider, ForexVPS, across the MetaTrader platforms. ThinkMarkets highlighted ForexVPS’ stability (100% uptime), speed (with low latency), flexibility, ease of installation, and remote access as key selling points for its partnership with the provider. ThinkMarkets’ users receive a 30% discount when accessing ForexVPS.

ThinkMarkets also provides its MT4 users with a demo account where they can test strategies before embarking on the real trading interface. ThinkMarkets stated via its website that users can also access up to 50 free daily trading signals on the platform with its Signal Centre tool.

Users of the ThinkMarkets’ MT4 trading platform can also access an Expert Advisor program, three fully customizable charts, four pending order types, 30 technical indicators, and 31 drawing tools. These will enable traders to improve their analysis and decision-making.

ThinkMarkets’ Products

Although MetaTrader 4 is most popular among forex traders, the platform also supports a range of other asset classes. Depending on the broker, users can typically access:

• Cryptocurrencies – MT4 can be used to trade crypto CFDs such as Bitcoin, Ethereum, and other major digital assets. This allows traders to speculate on price movements without directly owning the coins, with the convenience of trading through the same interface used for forex and other markets.
• Indices – Brokers often make leading global indices available on MT4, including the S&P 500, NASDAQ 100, FTSE 100, and DAX 40. Trading index CFDs gives exposure to the performance of entire markets rather than individual companies, making them a popular choice for diversification.
• Stocks – Many brokers provide CFDs on stocks from the U.S., Europe, Asia, and other regions. Through MT4, traders can go long or short on share prices, enabling them to respond to market movements without owning the underlying shares.
• Commodities – MT4 supports trading in widely traded commodities such as gold, silver, oil, and natural gas. These markets are often used as hedges against inflation or as a way to diversify away from equities and currencies.
• Futures – Some brokers extend MT4 to include CFD futures on commodities and indices. These instruments mirror the performance of futures markets, offering another way to speculate on price changes in sectors like energy or global equity benchmarks.
• ETFs – A growing number of brokers also provide CFD access to exchange-traded funds (ETFs). This allows traders to track baskets of assets, industries, or regions through MT4, opening up another layer of diversification within the same platform.

Conclusion

ThinkMarkets is on a mission to make trading as seamless and accessible as possible. Through the MT4 trading platform, ThinkMarkets makes the forex and crypto markets easily accessible to its traders. The broker offers CFDs on commodities, stocks, ETFs, and indices with high leverage and low fees. With these features, users can potentially lock in massive yields.

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