ThinkMarkets is a global online forex and CFD broker founded in 2010, headquartered in the United Kingdom, and serving traders in over 170 countries — including Malta. Over the past 15 years, it has grown into one of the most established retail brokers, with billions in monthly trading volume and a strong reputation for transparency. For Malta traders, ThinkMarkets offers a compelling mix of low costs, powerful platforms, and flexible funding options like Bank Transfer, Skrill, and even USDT cryptocurrency deposits — which are unusual for a broker operating under strict FCA rules.
Although ThinkMarkets does not hold a local MFSA (Malta Financial Services Authority) licence, it is regulated by top-tier authorities such as the UK's FCA and Australia's ASIC, meaning Maltese clients benefit from robust oversight, segregated client funds, and negative balance protection. Being headquartered in the UK also places ThinkMarkets within the same time zone as Malta (CET), making support hours and market timing perfectly aligned. Whether you are a novice opening your first account with just $10, or an experienced trader seeking raw spreads via cTrader, ThinkMarkets is a strong contender for Malta's retail forex community.
| Detail | Information |
|---|---|
| Founded | 2010 |
| Headquarters | UK |
| Regulated by | FCA,ASIC,JFSC,FSA |
| Min Deposit | $10 |
| Max Leverage | 500 |
| Platforms | MT4, MT5, cTrader, TradingView |
| Islamic Account | Available |
| Copy Trading | Not available |
| Demo Account | Available |
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|---|---|---|---|
| EUR/USD | Check broker | Varies | Varies | Check broker |
| Feature | Available |
|---|---|
| Demo Account | Yes |
| ECN/Raw Account | Yes |
| Islamic (Swap-free) | Yes |
| Scalping Allowed | Yes |
| Hedging Allowed | Yes |
| Expert Advisors (EA) | Yes |
| Copy Trading | No |
ThinkMarkets offers a genuine Islamic account (swap-free) for Muslim traders in Malta who wish to comply with Sharia law. With this account, no overnight interest (swap) is charged or credited on positions held overnight, which is a real swap-free arrangement – not a rebranded interest-bearing account. Both the Standard and Razor account types can be converted to Islamic accounts, meaning you don't have to sacrifice spread quality to get Sharia-compliant trading.
To apply, Malta clients simply need to contact ThinkMarkets via email or live chat and request the swap-free feature. Approval is usually instant or within a few hours. It's important to note that some brokers charge a hidden admin fee for Islamic accounts, but ThinkMarkets is transparent: no extra fees are applied for the swap-free service, although the broker may retain the right to close long-term holding positions in some cases. Overall, it is one of the better Islamic account offerings available to Maltese traders.
| Feature | Details |
|---|---|
| Islamic Account Available | Yes |
| Swap Fees | No swap fees |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually same business day |
| Asset Class | Examples | Available | Typical Spread |
|---|---|---|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | All available | Check broker |
| Gold (XAU/USD) | Spot Gold | Available | — |
| Silver (XAG/USD) | Spot Silver | Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | Available | $0.03–$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | Available | 0.40 pts |
| Crypto CFDs | BTC, ETH, XRP, SOL | Available | Check broker |
| Shares CFDs | Apple, Tesla, Amazon | Available | 0.02% |
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|---|---|---|---|---|
| ThinkMarkets (current) | $10 | Check broker | Yes | Yes | 4.1 |
| Pepperstone | $0 | 0.09 pips | Yes | Yes | 4.9 |
| IC Markets | $200 | 0.02 pips | Yes | No | 4.8 |
| Exness | $10 | 0.10 pips | Yes | No | 4.8 |
ThinkMarkets is a strong, trustworthy broker that deserves consideration from retail forex traders in Malta. It may not hold an MFSA licence, but its regulation by the FCA, ASIC, JFSC, and FSA ensures a high standard of investor protection, transparency, and fair treatment. The $10 minimum deposit, competitive spreads on the Razor account, and support for locally convenient payment methods like Skrill and USDT make it exceptionally approachable for both beginner and active traders based in Malta.
The true standout is the platform variety – offering MT4, MT5, cTrader, and TradingView all under one roof, which is practically unheard of at this price point. The Islamic account option is also a genuine benefit for the small but present Muslim community in Malta. The main drawbacks are the lack of MFSA direct supervision and the absence of copy trading, but these are not deal-breakers. If you are a Maltese trader looking for a versatile, cost-effective and globally regulated broker, ThinkMarkets is an excellent recommendation.