Please note ThinkMarkets does not provide CFD services to residents of the US.
Trade up today - join thousands of traders who choose a mobile-first broker.
Deepen your knowledge of technical analysis indicators and hone your skills as a trader.
From beginners to experts, all traders need to know a wide range of technical terms. Let us be your guide.
No matter your experience level, download our free trading guides and develop your skills.
Trade smarter: boost your skills with our training resources.
All the latest market news, with regular insights and analysis from our in-house experts
Make sure you are ahead of every market move with our constantly updated economic calendar.
Harness past market data to forecast price direction and anticipate market moves.
Boost your knowledge with our live, interactive webinars delivered by industry experts.
Engaging, in-depth macroeconomic analysis and expert educational content from our in-house analysts
Harness the market intelligence you need to build your trading strategies.
Grow your business and get rewarded. Find out more about our Affiliate Programme today.
ThinkMarkets ensures high levels of client satisfaction with high client retention and conversion rates.
Partner with us to build your own prop trading business. Enquire with our account managers today.
We supply everything you need to create your own brand in the Forex industry.
Partner with ThinkMarkets today to access full consulting services, promotional materials and your own budgets.
Receive $50 for you and your friend when you convert them into an active trader of ThinkMarkets.
Plug into the next-gen platforms and the trades your clients want.
Check out our sponsorships with global institutions and athletes, built on shared values of excellence.
Find out more about ThinkMarkets, an established, multi-award winning global broker you can trust.
Discover a range of rewarding career possibilities across the globe
Keep up to date with our latest company news and announcements
When it comes to the speed we execute your trades, no expense is spared. Find out more.
Our multilingual support team is here for you 24/7.
Global presence, local expertise - find out what sets us apart.
Conveniently access and manage all your trading accounts in one place.
Access the most powerful trading tools and features directly from your browser.
Trade on one of the most established and easy-to-use trading platforms.
Explore the latest MetaTrader platform and access advanced trading features and tools.
Join thousands of traders who choose a mobile-first broker for trading the markets.
Get virtual funds, test your strategy and prove your skills in real market conditions.
A full quotation is made up of 2 prices called the Bid and the Ask. The difference between these two prices is referred to as the 'spread'.
A full quotation is made up of 2 prices called the Bid and the Ask. The difference between these two prices is referred to as the 'spread'. The spread is essentially the profit a broker or bank makes for you to enter the trade (your transactional cost). The wider the spread the more expensive it is for you to trade, whereas the thinner the spread the cheaper it is to enter the trade.
Large and frequently traded currencies usually enjoy a small bid-ask spread while small and infrequently used currencies have a large bid-ask spread.
The spread becomes more important to traders who trade frequently, such as an intraday traders or scalpers. However the spread is less important the higher the timeframe you trade.
Here you can see the bid-ask spread when you open a deal ticket within MT4. You wish to go long (buy) EURUSD and open an order window
The quotation reads: 1.36298 / 1.36301
If you buy you will enter the market at 1.36301
If you sell you will enter the market at 1.36298
In both circumstances your entry price on your P/L (profit loss) will be negative as the spread has been attached to your order. The market will have to move in your favour by the distance of the spread in order for your P/L to become zero.