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ThinkForex Removes Credit Card Fees on Deposits This Month

ThinkForex, the Melbourne-based FX broker, is eliminating credit card fees on deposits for all of its clients this month. 

 
Usually, the merchants of the brokerage charge a 2% fee for deposits via credit and debit cards: but if you thought that after the fee removal the resulting savings would not be substantial, you'd better think again. It's true that the promotion will save you only $5 if you make the minimum deposit required for a Standard account – that's $250, in case you're interested. But the savings grow to $40 for the $2,000 initial deposit for a Pro account and to massive $500 if you deposit the minimum $25,000 in an Algo account.
 
The lack of fees and the fact that credit and debit cards provide the fastest way of payment processing around make ThinkForex's offer rather lucrative. 
 
Of course, if you prefer to use an alternative method of funding your FX account, you can use any of the other deposit options on the menu of the broker. These include the traditional bank wire, as well as a raft of e-wallets like Skrill and the Neteller system. But all of these come with their own pluses and minuses. For example, Skrill is fast and cheap, but involves some transaction size limits, while the payment processing through banks takes between one and three days. 
 
By the way, ThinkForex has taken measures to address the latter time-consuming procedures and has entered partnerships with more banks and merchants, including National Australia Bank. This way, the payments of the broker's clients will be processed faster: usually, the funds will be cleared and deposited to an FX trading account for about 15 minutes.
 
The latest promotional move comes after ThinkForex has established itself as a broker that takes good care of the trading experience of its clients: you are perhaps aware of the fact that the company launched cTrader – the open Forex trading platform, in August. Apparently, the broker has not forgotten about perks either and we applaud this approach. 
 
 

About ThinkForex

 
ThinkForex is a leading international forex broker headquartered in Melbourne, Australia. It offers traders extremely fast, low latency NDD execution, competitive spreads, swap-free accounts and full hedging. The broker’s customers enjoy excellent promotions on a regular basis, and its highly professional customer support team is available around the clock.
 
ThinkForex was named "Fastest Growing FX Broker" at the MENA Forex Awards 2012 in Dubai and "Best Forex Customer Service" at the UK Forex Awards 2012 in London.
TAGS: thinkforex  thinkforex broker  thinkforex australia  thinkforex promotion  september forex promotion  credit card deposit  forex deposits  fee cut  fee removal  zero fees 

More news about ThinkMarkets

Broker Country Regulation Platform Min Deposit Review
US CFTC, NFA MT4, Web,
in-house
$50 Review Website
US NFA, CFTC MT4 $250 Review Website
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
Australia ASIC MT4, MT5,
IRESSTrader
$100 Review Website
Cyprus, Australia CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website
Australia, UK ASIC, FCA MT4, MT5,
cTrader
$200 Review Website

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