Thunder Markets is a forex broker registered in the Seychelles, offering trading services in forex, indices, stocks, precious metals, futures, and energies. The broker's trading platform utilizes MetaTrader 4 and supports various operating systems. Thunder Markets offers several types of trading accounts including the classic trading account, Thunder trading account, demo account, and multi-account management, with a minimum deposit requirement of EUR / USD / CHF / AUD 500.00 and 1,000 respectively.
Company Background:
Thunder Markets is the trading name of Thunder Markets Ltd., registered in the Seychelles with registration number 8427682-1. Its headquarters are located in Providence, Mahe, Seychelles, at CT House, Office 8E, Providence, Mahe, Seychelles. Thunder Markets' official website and marketing activities do not target residents of the EU and are not intended for the European and MiFID II regulatory frameworks. The broker's website domain was registered on January 18, 2022, approximately two years ago.
Regulatory Status:
Thunder Markets Ltd is registered in the Seychelles, with registration number 8427682-1, and has obtained a securities brokerage license from the Seychelles Financial Services Authority (FSA), with license number SD067. However, the FSA is an offshore regulator with a relatively relaxed regulatory environment. This results in lower regulatory requirements and costs, allowing companies to obtain licenses more affordably. However, it also means that the regulatory authority has relatively weak supervision, unable to offer strict and effective regulation. Therefore, investors should be aware that the forex and other financial services provided by this broker may carry higher risks.
Trading Products:
Thunder Markets' trading platform offers a variety of trading products, covering forex, indices, stocks, precious metals, futures, and energies. In the forex market, users can trade major currency pairs, including the euro, pound, dollar, and yen, covering global major currencies from EURUSD to GBPJPY. In terms of indices, the broker offers several index trading products, including the US S&P 500, Japanese Nikkei 225, German DAX 40, allowing users to participate in the fluctuations of major global stock indices. Moreover, Thunder Markets provides stock trading, including well-known companies like Apple, Amazon, Alibaba. For investors seeking high-risk, high-return opportunities, Thunder Markets' precious metals, futures, and energy trading products meet these needs, offering trades in commodities like gold, silver, and crude oil.
Trading Platform:
The Thunder Markets MetaTrader 4 trading platform provided by the broker is designed to offer traders a stable and reliable trading environment. This platform combines Thunder Market's pricing and order execution models with MT4's functionality, providing a diverse trading experience. MetaTrader 4 features extensive customization options and advanced features to help users accurately analyze market trends and execute trade orders quickly and reliably. The platform supports various operating systems, including Android, iOS, and Windows, allowing users to choose the appropriate download method for their device.
Account Types:
Thunder Markets is a professional broker that offers various trading accounts, dedicated to providing global traders with a range of trading services and a variety of trading tools.
Classic Trading Account: The classic trading account is suitable for both beginners and experienced traders, with a minimum account opening requirement starting from EUR / USD / CHF / AUD 500.00. Users can enjoy competitive leverage up to 400:1, free entry-level trading courses, and tight, reliable, transparent spreads. Additionally, users can access Thunder Volume ONE and TWO, as well as trade with over 400 CFD instruments.
Thunder Trading Account: The Thunder trading account offers users more professional services and advanced features, with a minimum account opening requirement starting from EUR / USD / CHF / AUD 1,000. Users can enjoy competitive leverage up to 400:1, unlimited free use of 12 expert advisors and 15 chart indicators, and VIP entry to regional seminars. In addition, users can access Thunder Volume ONE and TWO, as well as trade with over 400 CFD instruments. The broker offers all trading courses for intermediate and advanced traders, supporting multiple trading strategies, including scalping, swing, momentum, day, and algorithmic trading.
Demo Account: Trade online on a risk-free account with Thunder Markets, providing $50,000 in virtual funds. This offers users a safe environment to practice trading strategies and techniques under real market conditions without the risk of real capital.
Multi-Account Management: The Thunder MAM account is suitable for fund managers who have a portfolio of investors and are looking for a customized trading environment to manage client funds. The account offers high leverage, low spreads, a variety of account currency options, and professional customer service to help fund managers effectively manage client funds.
Minimum Deposit:
At Thunder Markets, the broker offers various types of trading accounts such as the classic trading account, Thunder trading account, demo account, and multi-account management to meet the needs of different traders. In terms of minimum deposit amounts, the classic and Thunder trading accounts have minimum deposit amounts of EUR / USD / CHF / AUD 500.00 and EUR / USD / CHF / AUD 1,000 respectively. The demo account requires no minimum deposit, providing $50,000 in virtual funds for practice trading. The minimum deposit amount for multi-account management varies depending on the size of the investor network and is not specifically stated.
Spread and Leverage:
For the classic trading account, the broker offers forex spreads from 0.0 pips, index spreads from 0.8 pips, and competitive leverage up to 400:1, suitable for traders looking for a more stable trading environment. For the Thunder trading account, the broker offers forex spreads from 0.0 pips, index spreads from 0.6 pips, also providing up to 400:1 in competitive leverage, more suitable for traders seeking higher risk-reward ratios.
Customer Support:
Thunder Markets offers two contact methods, including phone and email, to facilitate customer support. Customers can contact the broker's customer service team by calling the hotline +44 2032393135 or sending an email to support@thundermarkets.com.
Conclusion:
Thunder Markets is a forex broker registered in the Seychelles, providing global traders with trading services in forex, indices, stocks, precious metals, futures, and energies. Thunder Markets offers competitive spreads and high-leverage trading environments. The company's customer service team is available around the clock, via phone and email. However, investors should be aware that Thunder Markets is regulated by the Seychelles Financial Services Authority (FSA), a relatively lenient offshore regulatory body, meaning the regulatory oversight is relatively weak, potentially posing safety risks.
Currently, Thunder Markets is flagged as "suspected fraud" on TraderKnows.