What is Chelsea by ThinkMarkets?

Chelsea is ThinkMarkets' AI trading assistant. It is an MCP server that connects your ThinkTrader account to AI tools such as Claude, letting you check positions, place orders, and manage trades through conversation. It is a workflow interface, not a trading adviser or an automated system.

Is Chelsea safe to use with my trading account?

Chelsea uses scoped, revocable permissions. Fund movements are never exposed at any permission level. Every action is recorded in your audit log. Your account credentials are never shared with the AI assistant. Account custody remains with ThinkMarkets.

Can Chelsea place trades without me asking?

No. Chelsea acts only on your explicit instructions. It does not trade autonomously, run on a schedule, or respond to price movements without a prompt from you.

What is the difference between Chelsea and ThinkTrader?

ThinkTrader is ThinkMarkets' trading platform: charts, analysis, the full trading interface. Chelsea is a conversational layer that connects to your ThinkTrader account through an AI assistant. Chelsea talks to ThinkTrader on your behalf; it does not replace it.

Which AI assistants work with Chelsea?

Chelsea works with any MCP-compatible AI assistant. Claude is recommended for the simplest setup and is available on free and paid plans. Grok and Perplexity are also supported. See the AI assistant comparison guide for a full breakdown.

Does Chelsea give investment advice?

No. Chelsea returns factual account data and executes your instructions. It does not analyse markets, recommend trades, or generate signals. Every investment decision is yours.

How much does Chelsea cost?

There is no additional charge from ThinkMarkets to use Chelsea on an eligible ThinkTrader account. Some AI assistants have their own subscription plans. Claude offers a free plan that works with Chelsea.

Can I use Chelsea on a demo account?

Yes. Chelsea is available on both demo and live ThinkTrader accounts. Starting on a demo account is recommended so you can test the full workflow without funded risk.