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58 brokers measured in Pakistanbroker data checked 27.08.2026
ThinkMarkets logoThinkMarketsTF Global Markets Int Ltd

ThinkMarkets in Pakistan — review, licence and costs

Written and checked by the Indus Review editorial team · how we score ·  score recalculated 01.10.2026
through an offshore entityAccepts residents of PakistanOpened by ThinkMarkets (Pakistan) (Pvt.) Ltd., SECP licence SD060, register checked 09.07.2026

Score (6 of 6 axes scored)

3.42/ 5.0

ranked against full-basis brokers

2 + 3 × 0.473 = 3.42 · axes on 0–100, total on 2.0–5.0

Key facts (6 facts)

Onboarding entity
TF Global Markets Int Ltd
Founded
2010
Retail leverage
500PK
Round turn
11 USDPK
Currencies
USD, EUR, GBP, AUD, CHF; no PKR base account, so rupee deposits incur conversion.
Swap-free account
yes

"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.

Licence check

TF Global Markets Int Ltd holds Seychelles FSA licence SD060; not licensed by Pakistan's SECP.
SD060
Active on registerchecked 09.07.2026secp.gov.pk
Open an account with ThinkMarkets

The broker's own website. Not a partner link — we earn nothing from it.

Screenshot of the ThinkMarkets website
ThinkMarkets's own site, captured for this review (07.10.2026)

Taxes for a Pakistani resident(1 rule)

  • Forex/derivatives trading profit for residents is generally taxed as income;https://support.thinkmarkets.com

Not tax advice. Check with the Federal Board of Revenue.

Who actually onboards you

Entity that onboards Pakistan residents
TF Global Markets Int Ltd
Local standing
Offshore (Seychelles FSA); no SECP authorisation. Retail CFD/forex is not locally regulated in Pakistan - trade at own risk.
Licence as the register states it
TF Global Markets Int Ltd holds Seychelles FSA licence SD060; not licensed by Pakistan's SECP.
Leverage for this entity
Up to 1:500 on forex; not capped by a Pakistani regulator.
The firm behind it
Founded 2010 (TF Global Markets group), HQ London/Melbourne; multi-regulated CFD/forex broker.
What we hold against it
Offshore entity vs local protection; no local SECP oversight; some withdrawal complaints reported.

Leverage by entity

The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards Pakistani residents enters the score.

The entity that onboards youTF Global Markets Int LtdLocal or offshore not stated in the source · SECP licence SD060
1:500PK
Pakistan median, local entities: 1:50 · 18 of 20 statedApplies to you

Scale from 1:10 to 1:3000, logarithmic.

Client protection

  • Local entity onboards youOffshore (Seychelles FSA); no SECP authorisation. Retail CFD/forex is not locally regulated in Pakistan - trade at own risk.
  • Regulator warning on filenone found

— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.

Price against Pakistan market median(priced from 36 of 62)

Round turn, 1 lot EURUSD, spread plus commission, USD
ThinkMarkets, standard spread11
Pakistan median, all 36 priced7
Pakistan median, the 9 priced on the standard spread10

Medians run over the 36 of 62 brokers that publish a price for Pakistan, never over the whole base. A spread without its commission is not a price and is not counted.

Accounts

Account types the broker names for this country: Standard (min ~USD 50, 0 commission), ThinkZero (min USD 500, raw + commission), ThinkTrader account. The figures below are the broker's own and do not differ by account in any source we captured.

Swap-free account terms

Terms read from the account page on 01.10.2026. The cap on open positions is not published.

Payouts

Identical for every row: Deposit, h 24 · Fee, USD 0 · Min, USD 50.

Deposit and withdrawal methods (5 methods · 0 local rails)

Bank/wire, Visa/Mastercard, Skrill, Neteller;

  • Wire
  • Visa
  • Mastercard
  • Skrill
  • Neteller
Account currency
USD, EUR, GBP, AUD, CHF; no PKR base account, so rupee deposits incur conversion.
Fee declared
5 of 5 methods
Withdrawal back to
the funding method

Where it does not serve(5 countries)

JapanRussiaSt. LuciaNorth KoreaIran

From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.

Platforms and markets(5 platforms)

  • MT4
  • MT5
  • ThinkTrader
  • TradingView
ClassCountMin spread
MT4—0.4
MT5—0.4
ThinkTrader—0.4
TradingView—0.4
All instruments4000—

114 further account types are named by their brokers but publish none of these figures, so they are not in the comparison: Eightcap Standard, Eightcap Raw, Fusion Markets Classic account, Pepperstone Standard, Pepperstone no minimum deposit, Trade Nation Two live tiers - lower-leverage and 108 more.

Identical for every row: Leverage 500 PK.

Reviews(1 platform · 25% of the score)

3.5/ 5
Trustpilot rating
539
reviews
02.10.2026
snapshot, 2026
SnapshotRatingReviews
02.10.20263.5539

Share of reviewers in Pakistan: — The platform does not publish it.

Pros and cons(4 for and 4 against, each tied to a figure on this page)

For
  • Withdrawal in 24 h, one of 46 of 62 brokers here that publish a time
  • Swap-free account available
  • Payouts 80 of 100, its strongest of 6 scored axes
  • 4 platforms: MT4, MT5, ThinkTrader, TradingView
Against
  • Round turn 11 USD on the standard basis, over the Pakistan median 7
  • No Pakistan authorisation on file: the entity that onboards you is licensed elsewhere
  • Min deposit 50 USD, over the Pakistan median 7.5
  • Safety 10 of 100, its weakest of 6 scored axes

Where ThinkMarkets sits in the Pakistan base(62 brokers)

Round-turn cost, USD (36 of 62 priced)

3<5
207.5
510
312.5
315
117.5
1>17.5

Median 7 USD · range 3-19 · this broker 11 USD · 26 of 62 brokers do not publish it

Minimum deposit, USD (16 of 62 priced)

13<50
1100
1150
0200
1>200

Median 7.5 USD · range 0-237.2 · this broker 50 USD · 46 of 62 brokers do not publish it

Retail leverage (34 of 62 with a Pakistan figure)

17<1k
62k
73k
34k
1>4k

Median 1:750 · range 50-5000 · this broker 1:500 · 28 of 62 brokers do not publish it

Withdrawal time published (62 brokers)

6of 58
Published, hours6not published38ThinkMarkets is one of the 6

Alternatives in Pakistan(5 of 62 scored in Pakistan)

3.93
AvaTrade
Licensed elsewhere
Round turn, USD
9PK
Min deposit, USD
100 groupPK
Leverage
400PK
Rank in this country
#5
3.76
JustMarkets
Licensed elsewhere
Round turn, USD
9PK
Min deposit, USD
10 groupPK
Leverage
3000PK
Rank in this country
#16
3.11
Grand Capital
Licensed elsewhere
Round turn, USD
9PK
Min deposit, USD
10PK
Leverage
500PK
Rank in this country
#33
3.8
OctaFX
Licensed elsewhere
Round turn, USD
16PK
Min deposit, USD
25 groupPK
Leverage
1000 group
Rank in this country
#13
3.69
Vantage
Licensed elsewhere
Round turn, USD
6PK
Min deposit, USD
50 groupPK
Leverage
500PK
Rank in this country
#18

Methodology(6 axes · formula v1.0)

Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a Pakistan score. Full methodology

AxisWeightWhat is measuredThinkMarkets
Reviews25%Rating, volume and recency on one public review platform25
Round-turn cost20%Round turn on 1 lot EURUSD: spread plus commission, against the country median70
Safety20%Local authorisation, the entity that onboards you, any regulator warning10
Payouts15%Published withdrawal time, fees and the methods available in the country80
Track record10%Years since the firm was founded, from its own filings80
Platforms10%Which trading platforms the broker confirms for this country50

FAQ

Does ThinkMarkets accept residents of Pakistan?
No. Offshore (Seychelles FSA); no SECP authorisation. Retail CFD/forex is not locally regulated in Pakistan - trade at own risk. Onboarding entity: TF Global Markets Int Ltd
Is ThinkMarkets licensed to serve clients in Pakistan?
TF Global Markets Int Ltd holds Seychelles FSA licence SD060; not licensed by Pakistan's SECP. Checked on 09.07.2026.
How much does one round turn cost at ThinkMarkets?
About 11.0 USD per standard lot on EUR/USD. The median across brokers measured for Pakistan is 7.0 USD.
What leverage does ThinkMarkets offer to retail clients in Pakistan?
Up to 1:500. Up to 1:500 on forex; not capped by a Pakistani regulator.
Which trading platforms does ThinkMarkets support?
MT4, MT5, ThinkTrader, TradingView. Instruments: 40+ forex pairs, 17 index CFDs, metals/energies, 1,500+ share CFDs, 20+ crypto CFDs.
How can I withdraw money from ThinkMarkets in Pakistan?
Bank/wire, Visa/Mastercard, Skrill, Neteller; local PKR rails not verified at review.
What account types does ThinkMarkets offer?
Standard (min ~USD 50, 0 commission), ThinkZero (min USD 500, raw + commission), ThinkTrader account.
Does ThinkMarkets offer a swap-free (Islamic) account?
Yes. ThinkMarkets offers a swap-free (Islamic) account to Pakistan residents.

Cost calculator (median of 36 priced of 62)

ThinkMarkets, per month220.00 USD
Pakistan median, per month140.00 USD

EURUSD round turns at the prices captured 01.10.2026. Shown in USD only: we do not publish a PKR conversion because the exchange rate is not part of our data.

Verified · Sources

Verified01.10.2026
next review 01.01.2027