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Most forex brokers do not offer this feature which gives peace of mind for traders using the ThinkMarkets platform. The ThinkMarkets standard account type is called a spread only account. This means that the forex broker makes their money primarily from the difference between the ‘ask’ and ‘sell’ price of any forex pair. For experienced traders wanting ECN-style pricing, a ThinkZero account type is available which offers tighter spreads while charging a flat rate commission fee.
Although spreads are wider than a ThinkZero account type, standard account types are better suited for those new to trading as beginner traders can avoid complex commission fee calculations. Understanding Market Trends Support and Resistance Chart Patterns Introduction to Candlesticks Building a Watch List MT4 Tips and Tricks Introduction to Price Action.
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