एब्स्ट्रैक्ट:Thunder Markets is a Seychelles-based forex and CFD broker that was founded in 2022. The company is regulated by the Seychelles Financial Services Authority (FSA). Thunder Markets offers a variety of trading accounts, including a Classic Account, a Thunder Account, and a Demo Account. The minimum deposit for the Classic Account is $500, and the minimum deposit for the Thunder Account is $1,000. The Demo Account is a risk-free way to practice trading with virtual funds.
Feature | Information |
Company Name | Thunder Markets |
Registered Country/Area | Seychelles |
Founded Year | 2022 |
Regulation | Seychelles Financial Services Authority (FSA) |
Minimum Deposit | $500 |
Maximum Leverage | Up to 400:1 |
Spreads | From 0.0 pips (Classic and Thunder Accounts) |
Trading Platforms | MetaTrader 4 (MT4) |
Tradable Assets | Over 400 CFDs on forex, indices, stocks, precious metals, commodities, bonds, and futures |
Account Types | Classic Account, Thunder Account, Demo Account |
Demo Account | Yes |
Customer Support | 24/5 multilingual support via live chat, email, and phone |
Deposit & Withdrawal | Credit/debit cards, e-wallets (Skrill, Neteller, Sofort, PerfectMoney), bank transfers |
Educational Resources | Webinars, trading courses, articles and videos, demo account, one-on-one coaching |
Thunder Markets is a Seychelles-based forex and CFD broker that was founded in 2022. The company is regulated by the Seychelles Financial Services Authority (FSA). Thunder Markets offers a variety of trading accounts, including a Classic Account, a Thunder Account, and a Demo Account. The minimum deposit for the Classic Account is $500, and the minimum deposit for the Thunder Account is $1,000. The Demo Account is a risk-free way to practice trading with virtual funds.
Pros | Cons |
Well-regulated forex and CFD broker | Relatively new broker with limited experience |
Good selection of trading accounts and tools | Limited selection of trading platforms |
Competitive spreads | Limited selection of tradable assets compared to some other brokers |
Free demo account | High leverage can be risky for inexperienced traders |
Thunder Markets Pros
Well-regulated forex and CFD broker: Thunder Markets is regulated by the Seychelles Financial Services Authority (FSA), a reputable regulatory body that ensures the broker adheres to strict financial and operational standards. This regulation provides a level of security and assurance for traders.
Good selection of trading accounts and tools: Thunder Markets offers a variety of trading accounts, including a Classic Account, a Thunder Account, and a Demo Account, to suit different trading styles and preferences. The Classic Account offers competitive spreads and a wide range of tradable assets, while the Thunder Account provides tighter spreads and additional benefits. Additionally, Thunder Markets offers the popular and versatile MetaTrader 4 (MT4) trading platform, known for its user-friendly interface and powerful features.
Competitive spreads: Thunder Markets offers competitive spreads on a wide range of instruments, including forex, indices, stocks, precious metals, commodities, bonds, and futures. Spreads start from 0.0 pips for forex and 0.8 pts for indices, which can reduce trading costs and improve profitability.
Free demo account: Thunder Markets offers a free demo account with $50,000 in virtual funds. This allows traders to practice trading and test strategies without risking real capital, making it a valuable tool for beginners and experienced traders alike.
Thunder Markets Cons
Relatively new broker with limited experience: Thunder Markets is a relatively new broker, having been founded in 2022. While this doesn't necessarily mean the broker is unreliable, it does mean that it has less experience compared to some established brokers.
Limited selection of trading platforms: Thunder Markets currently only offers the MetaTrader 4 (MT4) trading platform. While MT4 is a popular and versatile platform, some traders may prefer to have access to additional platforms or more advanced charting tools.
Limited selection of tradable assets compared to some other brokers: Thunder Markets offers over 400 CFDs on a variety of instruments, but this selection is smaller than what some other brokers offer. Traders who require a wider range of tradable assets may need to consider other options.
High leverage can be risky for inexperienced traders: Thunder Markets offers maximum leverage of up to 400:1, which can amplify potential returns but also magnify losses. High leverage may not be suitable for inexperienced traders or those with risk-averse trading styles.
Thunder Markets is regulated as a Securities Dealer by the Financial Services Authority of Seychelles (FSA) with license number SD067. The FSA is the primary financial services regulator in Seychelles, responsible for overseeing the activities of financial institutions such as banks, brokers, and investment funds.
As a regulated broker, Thunder Markets is required to adhere to strict regulatory standards and procedures. These standards are designed to protect the interests of investors and ensure that brokers operate in a fair and transparent manner.
Thunder Markets offers a variety of products for traders of all levels. Here is a concrete description of each product, based on the information provided:
Trade Forex Online:
The foreign exchange (forex) market is the world's largest financial market, with an estimated average daily turnover of USD 7 trillion. Forex trading involves buying and selling currencies in pairs. For example, you could buy euros and sell US dollars, or buy Japanese yen and sell British pounds.
Cash and Future Indices Trading:
Stock indices comprise shares of a specific country or industry, often weighted in the index based on market capitalisation. Due to the distribution across several shares, the individual risk is lower with indices compared to individual shares.
Trade Equities Online:
Thunder Markets offers access to the world's largest and most popular stocks from the USA, Europe and Asia (Hong Kong). You can buy and sell shares of these companies with the expectation that the price of the shares will go up.
Precious Metals:
Thunder Markets offers trading in the base metals gold, silver, palladium, platinum, and copper.
CFD Futures Trading:
Thunder Markets offers futures CFDs based on futures contracts that are traded, for example, on the Chicago Mercantile Exchange (CME). Futures contracts are agreements to buy or sell an asset at a predetermined price on a future date. With futures CFDs, you don't have to take delivery of the underlying asset.
Trade Oil & Gas Online:
Thunder Markets' trading platform gives you access to the most important oil and gas markets, for example the US oil grade WTI or the North Sea grade Brent. You can buy and sell these contracts with the expectation that the price of oil or gas will go up or down.
CFD Bond Trading:
Thunder Markets offers the possibility to trade European and US government bonds with different maturities. Bonds are loans that you make to a government or company. When you buy a bond, you are essentially lending money to the issuer of the bond. The issuer of the bond will pay you interest on the loan over time, and will also repay the principal amount of the loan at the maturity date.
Thunder Markets offers two account types for retail traders: the Classic Account and the Thunder Account. Both accounts are available in four currencies: EUR, USD, CHF, and AUD.
Classic Account
The Classic Account is a great option for beginners and experienced traders alike. It has a minimum initial investment of $500 and an FX commission of $8 per side. The EURUSD spread starts from 2.0 pips and the indices spread starts from 0.8 pts. Traders also have access to 27 widgets for 3 months.
Thunder Account
The Thunder Account is designed for experienced traders who demand the best possible trading conditions. It has a minimum initial investment of $1000 and an FX commission of $3 per side. The EURUSD spread starts from 0.7 pips and the indices spread starts from 0.6 pts. Traders also have unlimited access to 27 widgets.
Feature | Classic Account | Thunder Account |
24/7 Live video chat support | Yes | Yes |
Withdrawals | Fee-free | Fee-free |
Demo Account | 3 months access | Unlimited access |
Copy Trading tool | Yes | Yes |
Bonus | No | No |
Other features | Orders execution time on average 25 milliseconds | Orders execution time on average 25 milliseconds |
Initial Investment | $500 | $1,000 |
FX Commission per side | $8 | $3 |
EURUSD Spread from | 2.0 pips | 0.7 pips |
Indices Spread from | 0.8 pts | 0.6 pts |
Available currencies | EUR, USD, CHF, AUD | EUR, USD, CHF, AUD |
Here are the steps on how to open a Thunder Markets account:
Visit the Thunder Markets website and click on the 'Live Account' button.
Enter your personal information, such as your name, email address, and phone number.
Choose your account type, either Classic or Thunder.
Verify your email address and phone number.
Deposit funds into your account using one of the supported methods.
Once your funds have been deposited, you can start trading.
Spreads
Thunder Markets offers tight, reliable, and transparent spreads on a wide range of instruments. The spreads start from 0.0 pips for forex and 0.8 pts for indices. The spreads for other instruments vary depending on the instrument and the market conditions.
Here is a table that summarizes the spreads for the Classic and Thunder Accounts:
Instrument | Classic Account | Thunder Account |
Forex | From 0.0 pips | From 0.0 pips |
Indices | From 0.8 pts | From 0.6 pts |
Commodities | From 1.5 pts | From 1.0 pts |
Metals | From 0.5 pts | From 0.3 pts |
Commissions
Thunder Markets charges commissions on forex trades. The commission for forex is $8 per side for the Classic Account and $3 per side for the Thunder Account.
Here is a table that summarizes the commissions for the Classic and Thunder Accounts:
Account Type | Commission |
Classic Account | $8 per side |
Thunder Account | $3 per side |
The maximum leverage for Thunder Markets accounts is 400:1. This means that traders can control up to $400 worth of assets for every $1 they deposit in their account. Leverage can be a powerful tool for traders, but it also comes with increased risk. Traders should only use leverage that they are comfortable with and should understand the potential risks involved.
Thunder Markets offers the MetaTrader 4 (MT4) trading platform, a popular and versatile platform that is used by millions of traders around the world. MT4 is known for its user-friendly interface, powerful charting tools, and wide range of features.
Features of Thunder Markets' MT4 Trading Platform
Access to over 400 CFDs: Traders can access over 400 CFDs on forex, indices, stocks, precious metals, commodities, bonds, and futures.
One-click trading: Traders can place trades with a single click of the mouse.
History of trades: Traders can view a history of their trades, including the time, price, and volume of each trade.
Algorithmic trading allowed: Traders can use automated trading strategies, also known as algorithmic trading or robots, to execute trades.
Four types of pending orders: Traders can place four types of pending orders: buy limit, sell limit, buy stop, and sell stop.
Three order execution options: Traders can choose from three order execution options: instant execution, market execution, and pending orders.
Web, desktop, and mobile trading: Traders can access the MT4 platform on their web browser, desktop computer, or mobile device.
Overall, the Thunder Markets MT4 trading platform is a powerful and versatile platform that is well-suited for traders of all levels of experience.
Deposit Methods
There are a variety of deposit methods available for Thunder Markets accounts. These methods include credit/debit cards, e-wallets, and bank transfers.
Credit/debit cards: The following credit/debit cards are accepted for deposits: Visa, Mastercard, Maestro, and UnionPay. There are no fees for depositing funds with a credit/debit card.
E-wallets: The following e-wallets are accepted for deposits: Skrill, Neteller, Sofort, and PerfectMoney. There are fees for depositing funds with an e-wallet. The fees are as follows: Skrill: 1%, Neteller: 1%, Sofort: 2.5%, and PerfectMoney: 2.5%.
Bank transfers: Bank transfers are also accepted for deposits. The following types of bank transfers are accepted: wire transfers and local bank transfers. There are fees for depositing funds with a wire transfer. The fees are as follows: wire transfers: inward: 0.5%, outward: 20 USD. There are no fees for depositing funds with a local bank transfer.
Withdrawal Methods
The same methods that are available for depositing funds can also be used to withdraw funds. These methods include credit/debit cards, e-wallets, and bank transfers.
Credit/debit cards: The following credit/debit cards are accepted for withdrawals: Visa, Mastercard, Maestro, and UnionPay. There are no fees for withdrawing funds with a credit/debit card.
E-wallets: The following e-wallets are accepted for withdrawals: Skrill and Neteller. There are fees for withdrawing funds with an e-wallet. The fees are as follows: Skrill: 1% and Neteller: 1%.
Bank transfers: Bank transfers are also accepted for withdrawals. The following types of bank transfers are accepted: wire transfers and local bank transfers. There are fees for withdrawing funds with a wire transfer. The fees are as follows: wire transfers: inward: free, outward: 20 USD. There are no fees for withdrawing funds from a local bank transfer.
Minimum Deposit and Withdrawal Amounts
The minimum deposit and withdrawal amounts for Thunder Markets are as follows:
Credit/debit cards: $50
E-wallets: $50
Bank transfers: Wire transfers: $500, local bank transfers: $50
Processing Times
The processing times for deposits and withdrawals for Thunder Markets are as follows:
Credit/debit cards: Instant
E-wallets: Instant
Bank transfers: Wire transfers: 2-5 business days, local bank transfers: 1-2 business days
Feature | Credit/debit cards | e-Wallets | Bank transfers |
Deposit methods | Visa, Mastercard, Maestro, UnionPay | Skrill, Neteller, Sofort, PerfectMoney | Wire transfers, local bank transfers |
Deposit fees | No fees | Skrill: 1%, Neteller: 1%, Sofort: 2.5%, PerfectMoney: 2.5% | Wire transfers: Inward: 0.5%, Outward: 20 USD, Local bank transfers: Free |
Withdrawal methods | Visa, Mastercard, Maestro, UnionPay | Skrill, Neteller | Wire transfers, local bank transfers |
Withdrawal fees | No fees | Skrill: 1%, Neteller: 1% | Wire transfers: Inward: Free, Outward: 20 USD, Local bank transfers: Free |
Minimum deposit and withdrawal amounts | $50 | $50 | Wire transfers: $500, Local bank transfers: $50 |
Processing times | Instant | Instant | Wire transfers: 2-5 business days, Local bank transfers: 1-2 business days |
Thunder Markets excels in customer support, providing services to clients around the world. They offer multi-lingual assistance ensuring a wide range of customers can seamlessly access their services. Their support team is available 24 hours a day, 5 days a week from 06:00 to 18:00 GMT+4. This comprehensive time coverage ensures that customers can resolve their issues or queries in a timely manner. You can reach them by calling their support line at +44 2032393135.
Additionally, customers can also contact them via email at support@thundermarkets.com for non-urgent queries or consultation. Their aim is to provide timely and helpful resolutions to meet customer needs and preferences.
Thunder Markets offers a wide variety of educational resources to help traders of all levels learn about the financial markets and improve their trading skills. These resources include:
Webinars: Thunder Markets hosts regular webinars on a variety of topics, including technical analysis, fundamental analysis, and risk management. Webinars are typically led by experienced traders and analysts, and they are a great way to learn from experts.
Trading courses: Thunder Markets offers a variety of trading courses, both online and in person. These courses cover a wide range of topics, from the basics of trading to more advanced strategies.
Articles and videos: Thunder Markets publishes a variety of articles and videos on its website. These resources cover a wide range of topics, and they are a great way to learn about the latest trends in the financial markets.
Demo account: Thunder Markets offers a free demo account that allows traders to practice their skills with virtual funds. This is a great way to learn about the Thunder Markets trading platform and to test out different trading strategies.
One-on-one coaching: Thunder Markets offers one-on-one coaching to help traders improve their skills. This is a great option for traders who want personalized feedback and guidance.
In addition to these resources, Thunder Markets also has a dedicated customer support team that is available to answer traders' questions and help them with their trading.
Overall, Thunder Markets offers a comprehensive suite of educational resources that can help traders of all levels learn about the financial markets and improve their trading skills.
Thunder Markets is a relatively new forex and CFD broker that offers a variety of trading accounts, competitive spreads, and a wide range of educational resources. The broker is regulated by the Seychelles Financial Services Authority (FSA) and provides traders with access to the popular MetaTrader 4 (MT4) trading platform. However, Thunder Markets also has some disadvantages, including limited experience, a limited selection of trading platforms and tradable assets, and high leverage that could be risky for inexperienced traders. Overall, Thunder Markets is a viable option for traders seeking a well-regulated broker with a diverse range of trading tools and resources, but traders should carefully consider the broker's pros and cons before making a decision.
Q: Is Thunder Markets regulated?
A: Yes, Thunder Markets is regulated by the Seychelles Financial Services Authority (FSA).
Q: What trading accounts does Thunder Markets offer?
A: Thunder Markets offers a variety of trading accounts, including a Classic Account, a Thunder Account, and a Demo Account.
Q: What trading platforms does Thunder Markets offer?
A: Thunder Markets offers the MetaTrader 4 (MT4) trading platform.
Q: What tradable assets does Thunder Markets offer?
A: Thunder Markets offers over 400 CFDs on forex, indices, stocks, precious metals, commodities, bonds, and futures.
Q: What is the maximum leverage that Thunder Markets offers?
A: Thunder Markets offers maximum leverage of up to 400:1.
Q: What are the spreads like on Thunder Markets?
A: Spreads on Thunder Markets start from 0.0 pips for forex and 0.8 pts for indices.
Q: Does Thunder Markets offer a demo account?
A: Yes, Thunder Markets offers a free demo account with $50,000 in virtual funds.
Q: What is customer support like on Thunder Markets?
A: Thunder Markets offers 24/5 multilingual support via live chat, email, and phone.
Q: What are the educational resources like on Thunder Markets?
A: Thunder Markets offers a variety of educational resources, including webinars, trading courses, articles and videos, a demo account, and one-on-one coaching.