Australian Broker ThinkMarkets Joins Prop Trading Trend with ThinkCapital Launch

ThinkMarkets joins the prop trading trend with ThinkCapital, offering simulated trading and welcoming European traders.

Key Insights

  • ThinkMarkets launches ThinkCapital, joining the trend of retail brokers offering prop trading services.
  • ThinkCapital provides simulated trading on MT5, plans to add ThinkTrader and TradingView integration, and welcomes European traders except those from Croatia.

SYDNEY (MarketsXplora) – ThinkMarkets, an Australia-based forex and CFD broker, has quietly entered the proprietary trading space with the launch of ThinkCapital, joining a growing trend among retail brokers offering prop trading services.

While ThinkMarkets has yet to make an official announcement, the ThinkCapital website is already operational, revealing details of the new offering.

The move follows similar initiatives by competitors such as Axi, OANDA, Hantec Markets, IC Markets, Traders Trust, and Trade.com, signaling a shift in the retail brokerage landscape.

ThinkCapital, like most of its peers, provides simulated trading and educational tools rather than live market access. Only Axi currently offers live market trades to its funded traders, while OANDA treats them as signal generators, executing trades based on its own risk management strategies.

In a notable departure from some competitors, ThinkCapital welcomes traders from European countries, with the exception of Croatia. However, it maintains the industry-standard restriction on U.S. traders.

The new platform initially offers prop trading on MetaTrader 5, with plans to incorporate ThinkMarkets’ proprietary ThinkTrader platform in the future. Integration with TradingView is also on the roadmap, allowing direct trading from TradingView charts.

ThinkMarkets has been providing backend services to other prop trading firms, including price data, admin dashboards, and CRM solutions. The company has also been licensing its ThinkTrader platform to prop firms.

Interestingly, while ThinkMarkets previously offered grey-labeled MetaTrader licenses to prop firms, this option is no longer listed among its offerings to such entities.

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