Is Thinkmarkets.com a fair Forex Broker?
ThinkMarkets is a Forex Broker offering Forex Trading services via MetaTrader 4 trading platform and ThinkTrader. Regarding orders execution model, ThinkMarkets should offer STP and ECN accounts where orders should be executed at their liquidity providers. ThinkMarkets doesn't offer any type of competitions. They offer 250 USD welcome deposit bonus - this is NOT a good sign. Their leverage 1:400 is quite high, considering they should send all orders to their liquidity providers.
Pros: ECN / STP trading accounts, good trading costs
Cons: questionable leverage, welcome deposit bonus