ThinkMarkets is a forex and CFD broker whose group holds FCA, ASIC and CySEC licences, though its promotions run through a separate offshore entity in Saint Lucia that carries no financial licence at all. Its advertised offers include a crypto deposit bonus and a refer-a-friend scheme, but both have been trimmed or paused over time, and its steadiest live program is now ThinkRewards, a loyalty scheme that pays points per traded lot redeemable as cash. Check the live terms in the client portal before counting on any specific figure.
Risk warning: Trading carries a high risk of losing money, especially with leveraged products such as CFDs. A bonus does not reduce that risk. Only deposit what you can afford to lose.
ThinkMarkets
ThinkMarkets pays you and a referred friend $15 each once you both deposit at least $50 and place a round-turn trade of $200,000 notional, with the friend given 30 days to qualify.
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ThinkMarkets is the trading brand of the TF Global Markets group, which started as ThinkForex in Melbourne and became ASIC-regulated in 2012. The group has since built out a multi-entity structure: TF Global Markets (UK) Ltd holds FCA authorization (reference 629628), the Australian company holds AFSL 424700, and a Cyprus entity holds CySEC licence 215/13. Further entities exist in the Seychelles, South Africa and Saint Lucia.
That last one matters for bonus hunters. TF Global Markets (STL) Limited is a Saint Lucia company registration, and Saint Lucia's regulator has publicly stated it does not license forex or CFD business at all. ThinkMarkets' promotions, including the refer-a-friend program, are run under this entity, not under the FCA, ASIC or CySEC licences the brand advertises. Clients claiming bonuses are therefore contracting with the group's unregulated arm.
ThinkMarkets offers its own ThinkTrader platform with TradingView charting alongside MetaTrader 4 and 5, with roughly 350 instruments on MT4 and around 1,800 on MT5 across forex, indices, commodities, shares and crypto CFDs. The Standard account is commission-free with spreads averaging around 1.1 pips on majors; the ThinkZero account quotes from 0.0 pips with a $7 round-turn commission per standard lot.
ThinkMarkets' bonus menu has contracted noticeably. The crypto deposit bonus, which paid 5% on USDT deposits up to a $5,000 cap, ran as a series of time-boxed campaigns through 2024 with the credit unlocking only after a trading-volume requirement. Its current status is uncertain: the latest terms document on file is dated 2025, and 2026 third-party reviews describe ThinkMarkets as running no traditional bonus programs. Do not deposit expecting this bonus unless it appears in your client portal.
The refer-a-friend program illustrates the same pattern. The widely advertised version paying $50 per side expired in October 2024 by its own terms. The live offer, confirmed on the official page, is thinner: $15 to each side, with both referrer and friend required to deposit at least $50 and place a round-turn trade of $200,000 notional value, the friend within 30 days of applying. The official page does not say whether the $15 credit itself is withdrawable; third-party reporting describes it as trading credit whose profits can be withdrawn. A cap of 20 referrals per rolling 30 days applies, and the prior terms excluded a long list of countries.
The steadiest live program is ThinkRewards, a five-tier loyalty scheme. Clients earn points for closed trades held at least three minutes, at a value of $0.10 per point, redeemable from 250 points either as trading credit or as cash withdrawable without restrictions. New verified accounts reportedly receive 125 points as a welcome grant. Notably, trades placed with bonus or credit funds do not earn points, so the programs do not stack.
Confirm which entity your account sits under before funding it. EU, UK and Australian clients onboarded under the licensed entities will generally see no bonuses at all, since those regulators restrict trading incentives; the promotions live under the Saint Lucia entity, where none of those protections apply.
Because ThinkMarkets' offers have changed repeatedly and quietly, treat any third-party page quoting specific bonus figures, including this one, as a starting point only. The terms PDF linked from the live promotion page in your client portal is the only version that binds.
The group holds real licences: FCA reference 629628 in the UK, AFSL 424700 in Australia and CySEC licence 215/13 in Cyprus, plus registrations in the Seychelles and South Africa. But its promotions run through TF Global Markets (STL) Limited in Saint Lucia, a jurisdiction whose regulator does not license forex business, so bonus claimants sit outside the licensed entities.
No. The $50-per-side version of the refer-a-friend program expired in October 2024 under its own terms. The live offer on the official page pays $15 to each side, requiring a $50 minimum deposit from both parties and a round-turn trade of $200,000 notional value, completed by the friend within 30 days of applying. Referrals cap at 20 per 30 days.
Its status is uncertain. It ran as limited-time campaigns during 2024 with a $5,000 cap and a volume requirement before the credit released, and the most recent terms document is dated 2025. Check your client portal; if the offer is not listed there, assume it has lapsed.
ThinkMarkets' loyalty program and currently its most dependable perk. Closed trades held at least three minutes earn points across five tiers, worth $0.10 each and redeemable from 250 points as trading credit or cash without withdrawal restrictions. New verified accounts reportedly receive 125 welcome points. Trades made with bonus credit earn nothing.
Generally no. Clients onboarded under the FCA, CySEC or ASIC entities are covered by rules that restrict trading incentives, so the promotions run through the offshore Saint Lucia entity instead, and the referral program also excludes a long list of specific countries.
A commission-free Standard account with spreads from around 1.1 pips on majors, and a ThinkZero account with spreads from 0.0 pips plus $7 round-turn commission per standard lot, on ThinkTrader, MT4 or MT5. Demo and swap-free variants are available.