ThinkMarkets unveils Mini Account offering Dynamic Leverage up to 2000:1

ThinkMarkets has announced the launch of its Mini Account, featuring Dynamic Leverage, to lower entry barriers for emerging market traders.

In its ongoing effort to democratize access to global financial markets, ThinkMarkets has introduced the Mini Account, tailored for novice and emerging market traders.

This innovative account type stands out with its Dynamic Leverage feature, which automatically adjusts leverage based on trading volume and market conditions, potentially reaching up to a 2000:1 ratio.

Trading FX, indices, precious metals, energies, and crypto with ThinkMarkets

The Mini Account is designed to make trading more accessible, especially for those new to the financial markets. With a minimal deposit requirement of just $10, it offers a comprehensive trading environment, covering 50 popular financial instruments across various sectors, including FX, indices, precious metals, energies, and cryptocurrencies.

This account type is structured to appeal to a diverse clientele. It ensures a straightforward trading experience with zero commission and spread-only costs. Transparency in fee structure allows traders to concentrate on market strategies rather than being preoccupied with cost calculations.

The Mini Account is available on both the MT4 and MT5 platforms, equipping traders with the same features and functionalities available in other ThinkMarkets’ account types, including the use of Expert Advisors (EAs) for automated trading strategies.

Dynamic Leverage: A game-changer for traders

The standout feature of the Mini Account is Dynamic Leverage. This system intelligently adjusts leverage in real-time, in response to a trader’s open positions for each financial instrument.

The leverage in the Mini Account can scale up to 2000:1, which is significantly higher than the maximum 500:1 leverage offered in other account types. This feature enables traders to maximize market exposure on selected instruments, while simultaneously protecting the integrity of their positions through responsive leverage adjustments.

The introduction of the Mini Account and Dynamic Leverage underlines ThinkMarkets’ commitment to inclusivity and innovation in the trading industry. These features are expected to empower traders, offering them a blend of broad accessibility, advanced technology, and flexible trading options.

Established in 2010, ThinkMarkets is a globally recognized, multi-regulated online brokerage, offering quick and easy access to over 4,000 CFD instruments. With offices in major financial hubs including London, Melbourne, and Tokyo, and a presence across the Asia-Pacific, Europe, and South Africa, ThinkMarkets operates under several financial licenses globally.

ThinkMarkets IPO delayed

The launch of Dynamic Leverage at ThinkMarkets comes at the same time as Canada-listed blank check company, FG Acquisition Corp., has decided to withdraw its preliminary prospectus for a proposed merger with the Melbourne-based broker. The decision is due to a delay in filing the final prospectus within the specified timeframe.

FG Acquisition announced the withdrawal of its preliminary prospectus for the planned merger with ThinkMarkets. The company stated that, while both FG Acquisition Corp. and Think Financial are actively working towards finalizing the merger, the final prospectus cannot be submitted within 180 days from the original filing date of the prospectus. Consequently, FG Acquisition Corp. will have to refile the prospectus.

FG Acquisition added that despite the temporary delay in the process it intends to refile a new prospectus as soon as possible, which will contain all details about the transaction. The merger would have valued ThinkMarkets, which generated $62 million in revenue in 2022, at $160 million on a pre-money basis.