ThinkMarkets – Is it scam or safe?
ThinkMarkets is a brand of TF Global Markets (UK) Ltd and is licensed and regulated by the Financial Conduct Authority (FCA). The FCA license allows it to conduct financial services, including forex.
However, there are customers reviews showing poor customer service and some difficulties in withdrawing money.
So far, we haven’t received any complaints from clients of ThinkMarkets.com.
If you feel frustrated by ThinkMarkets.com and have something to share with us, please fill in the form below, describing your case:
I’ve been trading with this broker for almost half a year and I would recommend it for scalpers. I traded on Pro account and the conditions are ok I succeeded to double my balance through scalping only. If you use automated trading I recommend this broker. I made some withdrawals and I received what I requested. I only don’t like the lack of Polish support.
Their support was very rude and I don’t like trading conditions. I must trade some amount of lots not to be charged a monthly fee. I decided to cancel my contract but still was charged. Fraud practices.
Guys from Thinkforex offered fake prices on 7 th October when I was trading british pound and couldn’t take my profit. I compare my trades to several other brokers and only ThinkForex acted like this. I contacted them for some explanation but they weren’t interested in resolving this issue. The just told me these prices are the valid ones and that’s it. I told them I would fill a request to financial authorities and then this case was solved properly. So, in the end all ended happily.
On October 7, I won nearly EUR8k on my first account and another EUR4k on my second account. Three days later I received an email that informed me my trading prices were adjusted because of the high market volatility. So, they wanted to steal my money using their scamming tricks. This was unfair and scandalously. Several weeks later I received an email from this broker offered me to find a solution of this problem. So we reached some agreement and now I can say if you fight for your rights you will win!
I am developing my own trading system without using expert advisors. I asked my account manager and he answered all my questions. This was helpful and all I can say is so far so good.
THINK MARKET. GOT SCAMMED.
Hello guys.. just got robbed 48000 euros due to poor security measures at Think Market brokers in London. My account with them went from 50000 to 18 euros in 13 minutes. I got scammed – I recieved phone calls from people saying they were Think Market employees which were not. In fact the e mail address the “imposter” employees sent me was almost exactly the same as think markets support true e mail. Only a dash – of a difference. These imposters opened the account for me at Think Market and Think Market must have sent them my password thinking it got sent to me. After investigating Think Markets and seeing it was a seriouse operation I transfered money to London. Thats all I can make of it. Other than that I CANT UNDERSTAND HOW this could happen. A few days later after sending money to THINK MARKET in London I received a series of quick operations in my account -all at a loss- that left me with 18 euros. All in 13 minutes. I was called by the imposters and told my money would re-appear a few days later as it was being used for an investment. Since I never gave out my password I assumed it was all a think market operation. After a few days I STARTED TO FIND EVERYTHING did not add up.
I never – ever thought they could have such poor security measures. I will see them on monday. I called them and explained that I have never given out my password.
We will see if they are responsible and return my hard earned money.
Up to now I AM REALLY UPSET.
BE CAREFULL. I THINK THIS HAPPENED WITH AN INSIDE INFORMANT. Will update if they correct my account properly.
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