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/10

Thinkvate Markets

India India | 2-5 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://www.thinkvatemarkets.com/

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Rating Index

Contact

+91 9751607074
https://www.thinkvatemarkets.com/

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
India
Operating Period
2-5 years
Company Name
Thinkvate Technologies Private Limited
Email
admin@thinkvatemarkets.com
Contact Number
+919751607074
Account Info
Verified Site
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Official Website

Verified Site

  • thinkvatemarkets.com
    116.206.105.139
    Server Location
    Seychelles Seychelles
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
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Thinkvate Markets

Related Companies

THINKVATE TECHNOLOGIES PRIVATE LIMITED(India)
India
THINKVATE TECHNOLOGIES PRIVATE LIMITED(India)
Active
India
Registration No.U72200TN2019PTC128870
Est. Date
SourceOfficial Statement
Employees

Company Profile

Company Profile

Review summary

Basic Information
Registered Countries India
Regulation No License
Minimum Deposit $50
Maximum Leverage 1:400
Minimum Spread From 0.0 pips
Trading Platform MT5, cTrader
Demo Account Available
Trading Assets Forex, Indices, Commodities
Payment Methods N/A
Customer Support Email Phone, Online Chat Support

General Information

Thinkvate Markets is an online trading platform registered in India, providing access to trading CFDs on Forex, Indices and Commodities. With the Thinkvate Markets platform, three trading accounts are available, with the lowest required opening deposit being $50, and traders can employ a maximum leverage of 1:400 on their positions.

Concerning regulation, it has been verified that this broker is not regulated or authorized by any regulators, and thats why WikiFX has given it a very low score of 1.11/10.

Please be aware of the risk involved, as trading with an unregulated broker is taking a huge risk of losing your money.

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Market Instruments

When it comes to trading assets provided, Thinkvate Markets is not an excellent player in comparison to many brokers, as it provides access to limited financial instruments, three classes of trading assets covering Forex, Indices, and Commodities.

Account Types

Basic, Standard and VIP accounts are the available options for traders, making them accessible to both novice and experienced traders. The minimum deposit to open a Basic account is $50, Standard accounts from $500 and traders who want to try the VIP accounts need to fund at least $1000.

account-types

Demo Accounts

Apart from live accounts, Thinkvate Markets demo account, prospective traders can test out different trading strategies to trading without putting their own money at danger, resulting in a more relaxed trading experience.

Spreads & Commissions

Trading accounts set the commissions and spreads. Basic and Standard accounts offer a zero-commission trading environment, with spreads starting from 1.5 pips and 0.7 pips, respectively. The VIP accounts highlights low or no spreads, preferably chosen by scalpers and professional traders, with spreads from 0.0 pips, accompanied by a commission of up to $2.5 each side per lot.

Leverage

Maximum leverage for major forex is 1:30 in Europe and Australia, and 1:50 in the U.S. and Canada, while Thinkvate Markets enables its clients to use leverage of up to 1:400. This is crazily higher than the proper amount considered appropriate by most regulators.

Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size.

Trading Platform

The MT5 trading platform, widely regarded as the best in the business, is available through Blue Ocean, which can be accessed on Windows, MacOS, IOS, Android.

Customer Support

If you have any inquiries or trading-related issues, you can get in touch with this broker through the following contact channels:

Telephone: +91-9751607074

Email: admin@thinkvatemarkets.com

Or you can also follow this brokerage on Twitter, Facebook.

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

Pros & Cons

Pros Cons
MT5 and cTrader supported No regulation
High leverage Limited trading assets
EAs, Scalping, and Hedging allowed
Low minimum deposits
Competitive spreads

Frequently Asked Questions

Is Thinkvate Markets regulated?

No, Thinkvate Markets is not regulated.

What is the maximum leverage provided by Thinkvate Markets?

The maximum trading leverage provided by Thinkvate Markets is up to 1:400.

Does Thinkvate Markets offer demo accounts?

Yes, Thinkvate Markets offer demo accounts.

Company Profile

  • 2-5 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is Thinkvate Markets a reliable or highly suspicious trading platform?

According to WikiFX data, Thinkvate Markets carries a high-risk profile, reflected in its overall assessment score of 1.45. The platform operates without any verified mainstream regulatory licenses, and its stated business scope is flagged as suspicious, which are significant considerations for any trader evaluating reliability.

04-02
United States

Which financial regulator oversees Thinkvate Markets?

Thinkvate Markets operates without oversight from any recognized financial regulator. The firm's regulatory status is listed as 'No Regulation', and a review of license data shows no valid forex trading licenses from authoritative bodies, placing it outside established regulatory frameworks.

04-02
United States

What is the official website of Thinkvate Markets?

An official website for Thinkvate Markets is not publicly disclosed in the available information. The broker's primary corporate entity is Thinkvate Technologies Private Limited, registered in India.

04-02
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

04-02
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

04-02
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

04-02
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

04-02
United States

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

04-02
United States
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