ThinkMarkets is a Forex broker based out of Australia. Founded in 2010, this broker has grown to also have offices located in the UK. They have a very strong product, but that doesn’t mean that their services are right for everyone. Before you create an account with ThinkMarkets, be sure that you know the basics about the broker, what they have to offer, and how well that will fit in with your trading plan. Then, if they are still at the top of your list, create and fund an account. It’s always best to have the facts right before you begin, and our goal is to help you get the information that you need to make a smart and informed decision when it comes to your money.

Ready to learn more about the brokerage services that ThinkMarkets offers? Keep reading.

Trading Details

ThinkMarkets has a number of different assets available for trading. These include all major currency pairs, many minor pairs, metals trading, CFDs, and spreads. You will also have access to a couple different commodities, including oil and natural gas.

The spread on your currency pairs will vary depending on what you choose to trade. Spreads start as low as 0.1 pips, but will vary throughout the course of the day and depending on the particular asset that you select. Be sure to comparison shop this broker along with others looking at just the specific assets that you will be using with frequency.

You can use MetaTrader 4 on all devices, including mobile, with ThinkMarkets. This comes with a huge amount of trading and analysis tools, including access to trading robots and other expert advisors. If you choose not to use MT4, you will still be able to use the tools and educational materials that the broker supplies. We recommend using MT4 simply because it gives you much more freedom in the financial markets. It’s recognized as a universal platform, and will be helpful if you ever decide to switch brokers or want to use a tool that ThinkMarkets doesn’t supply.

The maximum amount of leverage that you can use, regardless of the trading platform that you use, is 400:1. Just remember that high amounts of leverage are good for some traders, but not everyone. Increased leverage comes with increased risk, so keep this in mind when making this decision.

Are U.S. Clients Allowed?

No. ThinkMarkets does not accept traders from the United States. They also do not accept traders from Japan. This is due to local regulations that bind Australian based financial bodies. In order to help their local clientele to the fullest extent, ThinkMarkets must remain in compliance with this law. If you are located in an area that they service, you can be assured that they take great strides to maintain their good standing with the legal authorities.

How Can I Create an Account?

If you’re thinking of creating an account with ThinkMarkets, get in touch with their customer service department first so that you can open up a demo trading account. This way, you can get a good feel for what their trading product is like and even gain some real time experience in a zero risk setting. You will be able to use this for several days before you will need to make a decision on whether you will be funding a real money account or not.

To create an account, you will need to supply some basic information, including your name, residence, and you will need to agree to the site standards. You’ll also need to select a base currency. Once this step is finalized, you cannot change your currency. For most people, this step is pretty simple, but spend a moment to make sure that you choose what’s best for you. You can choose from the AUD, CAD, EUR, USD, GBP, JPY, and the NZD.

Next, you will need to choose how you will fund your account. You can use a wire transfer, a credit card deposit, or a few different e-wallet selections like Global Connect, Skrill, Neteller, and PayPal. Each of these comes with a few different pros and cons, so take a moment to look over the details on their site. The method that you use to fund your account will be the method that you use to collect withdrawals, so take this into account when setting things up.

What Else Do I Need to Know?

ThinkMarkets is a fully regulated broker, but that doesn’t mean that you don’t need to be careful on your end. Always follow proper money management techniques. Trading is risky, and it’s possible to lose your money. Be sure to trade smart, watch your leverage, and never trade beyond your means.

Also, as soon as you create your account, it’s smart to send in your required paperwork for a withdrawal right away. You might not make a withdrawal from your account for several months, but this way you can have all of the steps checked off your list before you request a withdrawal. This will expedite the process, and let you know if there is anything you are overlooking before it becomes a pressing matter. We hope this Thinkmarkets review will give you what you need on making the right choice

***Your capital may be at risk. This material is not investment advice.***

Choosing a Bitcoin Wallet

Choosing a Bitcoin Wallet

If you’re going to be buying and using Bitcoin, you will need a wallet to store them in. Bitcoin wallets come in a number of different varieties, and before you sign up for one and start using it, it’s very important that you know what the different types are, what their functions and utilities are, and whether or not they fit your goals for Bitcoin usage.

Let’s break it down quickly and give an overview of what each of the major types of wallet is, and what they can do for you.

Mobile Wallet

The mobile wallet is perhaps the most prevalent type of Bitcoin wallet out there. They can be downloaded right onto your smartphone, and they do have a lot of cool features. These are really good for small transactions, but much like your normal wallet, you don’t want to have too much in your mobile wallet at any one time. These are considered to be low security wallets, and they are much easier to hack than other types of wallets. Think of it like being pickpocketed, but from a digital thief. They’re great for going places and paying for things on the go, but not great for storing more than a hundred bucks or so at a time.

Bitcoin Bank

A Bitcoin bank is a really easy place to store bitcoins and they give you fast access if you wish to buy, sell, or spend BTC. The downside is that you do not gain access to private keys. Instead, these are stored within the bank, encrypted. For some people, that’s not an issue, but for others it is. Most experienced Bitcoin traders treat these as a transition tool, but don’t find any real utility from Bitcoin banks.

Hardware Wallet

A hardware wallet is the safest when it comes to security, but they offer no mobile benefits. Think of this as a computer, but without any internet connection. You can go into the hardware and place or retrieve your BTC, but it must be done in person, usually through a USB port. For storage of coins that you want to keep off the grid, this is a perfect solution. Starting prices for these are usually around $60 USD.

High Privacy Wallet

A high privacy wallet is a good choice for those who want to stay as far off the grid as possible. Many of these even have offline storage, which is great for those that value safety and privacy. There are many different variations of these, and some have more flexibility than others. Some allow you to join coin mixing groups, too. This can be a good long term solution for storage, but it’s certainly not the only choice.

Full Wallet

A full wallet allows you to copy the blockchain and you can act as a peer to peer “node” for the Bitcoin community. This is a type of Bitcoin mining, and over the long run, many Bitcoin enthusiasts have found this to be a profitable venture. There are a few different full wallets out there, with slightly different policies.

Paper Wallet

Storing your BTC in a paper fashion seems odd for some because this is a techno-currency, but it is possible to print out the information that you want through a paper wallet generator. This is a safe way to store your Bitcoins long term (you can’t hack paper!), but as you can imagine, if the paper is destroyed, you lose what you’ve stored. If you go with this option, be sure to keep your papers in a fireproof and very safe place. If you wish to buy BTC and hold it for a few years, this can be a great choice.

Finally, don’t forget that you can have more than one wallet. In fact, that’s becoming more and more of a trend these days. Many Bitcoin users have their mobile wallet right on their cell phone, and then have a more secure wallet (often a hard drive) at home. Any combination that helps you to do what you need to do, and stay safe in the process, is completely acceptable.

And don’t forget to familiarize yourself with all of the rules and regulation specific to the wallet(s) that you decide to go with. Being aware of the rules, and the timeframes for which transfers and transactions will take place will help make your Bitcoin experience a much smoother one.

Cash Back Forex

Cash Back Forex is one of the major players in the Forex Rebate part of the Forex trading industry. Offering rebates from many of the major brokers, Cash Back Forex not only gives you the money back you deserve, but also provides you with an excellent customer service environment. This is one area of the industry that can be sometimes lost when dealing with an international market, but CashBackfx handles their clients in a professional manner and makes sure that you are happy no matter where you reside in the world.

Start Earning Forex Rebates Now

Forex Rebates

What Can You Expect from
As a trader you’re always looking for an edge in the market you trade. Forex is no different when it comes to having expenses on the trades you take. For example, all brokers charge some form of commission or spread per round turn. Every time you make a trade the broker makes money, and that is the way it has always been. So, how do you take advantage of using a rebate introducing broker to maximize your profits? If you were getting money back on a trade, win or lose, it makes the trade more profitable no matter the outcome. It only makes sense to trade with a broker that offers you rebates. You’re using the same broker, same platform and same spread, but only this time you make a cash rebate every time you place a trade. This can mini lots or standard size lots. People can find it confusing on how this process works, but once they receive their first monthly rebate check, every thing becomes clear. This is why you see ads that offer “get paid to trade”. You can have a losing month, but once you get your rebate check, you may in turn become profitable for the month.

How Do I Sign Up for Forex Rebates?
The sign up process is just like the way you would sign up for any broker only this time, you fill out a small Form on the web site and then you sign up through the broker of your choice through their site. One extra small form on the CashBack site is the only difference between making a rebate or not making a rebate. Usually the links for the brokers on take you too the official web site of the broker of your choice. It’s really that easy. People sometimes just don’t get how easy it is to start receiving their Forex Rebates.

Which Brokers offer Forex Rebates?
You have more than 15 different brokers to choose from that offer some form of cash back. Which broker is best for your trading, may require a demo or some live testing. You may want Metatrader or something a bit different. Some of these brokers include, FXCM, FXOPEN, Etoro, and Dukascopy just to name a few. Spreads are all different at these sites as are the rebate amounts. Look through the site and see which one is for you. You’ll not be pressured by the staff and you should feel comfortable contacting them at any time with any questions. They are there to help you out and make your decision easier.

In Conclusion, always remember free money is profitable money and with Forex Rebates, you will be more profitable over the long haul.



FxPro is one of the more popular Europe-based Forex brokers. They are based out of the United Kingdom, and have offices in Cyprus. They are regulated by a couple different regulatory bodies thanks to their widespread reach across the continent. If you’re looking for a new Forex broker, this might be one of the first ones that you will be considering. They are a strong service, but that doesn’t necessarily mean that they are right for you. Before you open up an account with FxPro, be sure to read over our review to get a better idea of who they are and whether they match up with your needs as a trader.

What Do They Offer?

Let’s start with the basics. FxPro has a wide range of currency pairs to choose from. They offer all of the major pairs, along with most of the secondary currencies. They also offer metals trades, stock CFDs, and index CFDs. You can also find futures trades on certain assets. The list of what’s available is always changing as new items are added, so checking out their site for more details on what is currently being offered.

What Trading Detail Do I Need to Know?

Like all Forex brokers, FxPro does have spreads on their trades. The easiest pair to look at is the EUR/USD just because it is the most widely traded asset. The average spread on this is 0.6 pips per trade, but you’ll see variation once in a while, depending on the platform you use, the time of day, and a few other factors. Also, be sure to know that this is just the info for the EUR/USD. Other pairs and CFD assets will see different spreads. These are determined by a number of different factors. If there’s a specific asset that you are wondering about, you can either check out the site for more info, or get in touch with one of their customer service reps.

Leverage will also vary a bit from platform to platform. If you use the MetaTrader 4 platform—which we recommend—you will be given a maximum leverage number of 500:1. Other platforms will vary a bit, but we’ve found MT to be the most reliable just because it is so prevalent in the industry and has so many beneficial features that come with it for free.

Do They Accept U.S. Traders?

No. FxPro does not allow people from the United States to use their services. Different regulations that FxPro is bound to prevent this. If you are looking for a U.S. trader friendly broker, there are many to choose from, so be sure to check out our list for more information.

What Makes this Broker Stand Out?

FxPro has a number of cool features that help it to stand out from the crowd. They are compatible with a number of different trading platforms, including MetaTrader 4 and 5, cTrader, and SuperTrader. The features that come along with each of these different platforms will vary a bit, so be sure to look at what works best with your needs, and then go with the one that will work best for you.

FxPro does offer cash back and rebates on trades. The easiest way to get this feature is to sign up for a new account and then follow the steps as they are listed on the brokerage site. However, you can still get this benefit if you already have an account with FxPro, just be sure to email or call a customer service representative to get this set up for you. The rebate rate can be a bit confusing, but basically, you earn about $2 per lot traded. A lot is equal to 100,000 units of the pair that you’re trading. Obviously, the more you trade, the more you will earn back. To get the most out of the rebate system, you will need to have solid trading practices in place. Trading is risky, and rebates will not do a lot to alleviate that risk. Strong money management is important to your success.

Account Information

If you want to open up an account with FxPro, you will need to go to their site and set one up. The process is laid out in a step by step fashion, and it isn’t too difficult to go through. You can fund an account with a major credit card, wire transfer, or a handful of e-wallets. These include PayPal, Neteller, Skrill, and a few others. You will need your name, place of residence, and an email address to set up an account. Be sure to pick a secure password. To withdraw funds, you will be asked to prove your identity. The sooner you fulfill this requirement, the easier the withdrawal process will be.

As always, be sure to get in touch with an employee of the site through their contact page if you have any further questions. The process for creating an account is very simple, but that doesn’t mean that it’s perfect. Their team is responsive and helpful, so if you do have questions, get in touch with them by phone, email, or online chat.

Accounts can be funded with USD, AUD, EUR, CHF, GBP, JPY, or PLN. Pick the currency that meets your needs best. Once you choose a currency, you cannot change it later on. This is how all financial transactions will be conducted.

***Your capital may be at risk. This material is not investment advice.***

What is Bitcoin Mining?

What is Bitcoin Mining?

Bitcoin mining has received a lot of attention thanks to a few recent controversies, but if you’re a beginning Bitcoin trader, you might not even know what this hot topic is. Before we dig into how to gain Bitcoin in this manner or whether or not it’s something that you should be pursuing, we first need to go over exactly what this process is and how it works.

If you’re new to Bitcoin trading, this is a must read article.

The Basics

On a very basic level, Bitcoin mining occurs through software that processes Bitcoin transactions. As Bitcoin changes hands, it’s important that the processes be verified so that merchants and individuals can be assured that no fraudulent activity is taking place.

To be a Bitcoin miner, you would need to have special software running that helps these transactions take place. As a reward of using your computer space, a tiny proportion of the number of blocks—a unit of measurement for Bitcoin (kind of like a euro or dollar denomination)—is credited to your account. Think of it as the transaction fee, but instead of something like PayPal, Skrill, or your bank processing the transaction, your computer is doing the work.

Bitcoin mining occurs so that the process can stay safe for all users. Bitcoin transactions are meant to be anonymous, and to ensure that this occurs, a lot of encryption is needed. The downfall here is that as Bitcoin ages, this process gets more and more complex, and that means that it is tougher for computers to do. It makes sense, though. Cyber security is an always growing field, and to keep your BTC safe, developers need to keep making their security policies tougher. This will be an ongoing process in all cryptocurrency coins on the market.

The cost of mining to produce a 1 BTC profit today is much higher than it was five years ago. This has made Bitcoin mining a lot harder to do. We’ll look at some of those repercussions below.

Bitcoin Mining Has Changed

You’ve probably seen on other sites or in the news some of the drama that has arisen in regards to Bitcoin mining. We’re going to assume for the sake of simplicity that the mining software that you use, your wallet, and anything else you might need are not only completely legitimate, but completely safe and secure, too. These are concerns, however, and you should always check out any product that you plan on using thoroughly before you begin using it.

Even with all of those safeguards in place, the process of Bitcoin mining has changed. For one, it’s a lot harder to do now than it was four or five years ago. The amount of computer power needed to successfully and profitably be a Bitcoin miner has increased significantly. In many cases, you will end up losing money as a Bitcoin miner thanks to the accrual of costs that will occur.

That doesn’t mean that everyone should stay away from Bitcoin mining. In fact, for some, it can be quite profitable. We will talk about that on another page. But for now, it’s important that beginners know that Bitcoin mining is not as easy as it once was and it’s not for everyone. Be sure that you know the basics before you begin, but also be sure that you are familiar with the cost and the risks involved so that you can figure out if this is something that’s good for you personally.

Bitcoin Mining Pools

Because of the changes, it’s a lot harder to get started in Bitcoin mining today than it was several years ago. To combat this issue, many miners have joined together in mining pools. This helps individuals to share the costs associated with running this software. When you enter the pool, you agree to split the profits with the others in the pool. This is one of the bigger trends emerging in the field of Bitcoin mining, and it is worth taking a look at if you are a beginner in this field. Be aware that different pools have different rules, costs, and profit sharing policies.