{
  "schemaVersion": 1,
  "kind": "demoOffering",
  "id": "thinkmarkets-web-ky",
  "urls": {
    "html": "/demo-accounts/thinkmarkets-web-ky.html",
    "json": "/demo-accounts/thinkmarkets-web-ky.json",
    "markdown": "/demo-accounts/thinkmarkets-web-ky.md"
  },
  "policy": "Documentation research, not account or execution testing. Research regions do not establish residence eligibility. Requires Verification is an evidence gap, not proof of unavailability. Source conflicts and product/entity qualifications must remain attached to claims. Demo results do not establish live trading performance.",
  "record": {
    "checked": "2026-10-12",
    "tested": false,
    "funds": null,
    "currency": null,
    "fundsLabel": "Not recorded",
    "fundsNote": "Current starting balance not established in this research.",
    "expiryType": "conflict",
    "expiry": "14 days: fixed or inactivity?",
    "expiryNote": "See documented terms for scope and exceptions.",
    "evidence": "conflicting",
    "signup": "See the documented terms below. Account opening has not been tested.",
    "note": "Complete current CIMA search or obtain a newer regulator publication; current search is CAPTCHA-gated Resolve 14 days from registration versus14 days inactivity conflict for Cayman ThinkTrader Confirm initial virtual funds/currency, reset limits, demo KYC and actual residence routing Do not add MT4/MT5 or TradingView demo integration without Cayman-specific proof",
    "id": "thinkmarkets-web-ky",
    "broker": "ThinkMarkets",
    "entity": "TF Global Markets (International) Ltd",
    "regions": [
      "KY"
    ],
    "region": "KY",
    "regionLabel": "Cayman Islands",
    "researchScope": "Cayman Islands",
    "platform": "web",
    "platformLabel": "ThinkTrader (Cayman page; MT4/MT5 not verified for this entity)",
    "terms": "Free demo; personal details, platform selection and email confirmation. Cayman FAQ says 14 days from registration, with non-expiring demos for live-account holders. Support can adjust balance/settings; multiple demos possible subject to limits. Global ThinkTrader support instead says 14 days of inactivity. Initial amount/currency and demo KYC are not established.",
    "entityMapping": "The /ky demo and legal pages identify the Cayman entity and 1612531. Australian company is website/technology operator, not the Cayman trading counterparty. Do not transplant MT4/MT5 availability from a different country site.",
    "eligibility": "Cayman page excludes US, Canada, Bermuda, EU, Russia, India, Australia, UK, St Lucia and Japan, plus places where use breaches local rules.",
    "evidenceNote": "Official page and rendered FAQ checked directly; expiry wording conflict remains",
    "sources": [
      "thinkmarkets-3",
      "thinkmarkets-4",
      "thinkmarkets-5"
    ],
    "visit": "thinkmarkets-3",
    "regulation": {
      "status": "Needs checking",
      "entity": "TF Global Markets (International) Ltd",
      "regulator": "Cayman Islands Monetary Authority (CIMA)",
      "finding": "Exact entity and licence independently confirmed in CIMA's 31 December 2025 Securities Investment Business Licensees list. Current public search attempted with TF Global Markets, but reCAPTCHA prevented a result. This is dated official licence evidence, not current-status verification as of 12 October 2026.",
      "scope": "The /ky demo and legal pages identify the Cayman entity and 1612531. Australian company is website/technology operator, not the Cayman trading counterparty. Do not transplant MT4/MT5 availability from a different country site.",
      "sources": [
        "thinkmarkets-reg-1",
        "thinkmarkets-reg-2",
        "thinkmarkets-reg-3",
        "thinkmarkets-reg-4",
        "thinkmarkets-reg-5"
      ]
    },
    "signupLink": {
      "kind": "demo-page",
      "note": "Broker demo page; select your platform to continue.",
      "status": "Official entry route",
      "url": "https://www.thinkmarkets.com/ky/demo-account/",
      "sourceUrl": "https://www.thinkmarkets.com/ky/demo-account/",
      "checked": "2026-10-13",
      "tested": false
    },
    "execution": {
      "scope": "TF Global Markets (International) Ltd · Cayman ThinkTrader; global support caveat is labelled general.",
      "tested": false,
      "role": {
        "value": "Requires Verification",
        "status": "Requires Verification",
        "note": "Cayman legal page opened, but linked terms were inaccessible; the indexed older KY PDF returned a size error and ordinary HTTP returned 403. UK/UAE capacity statements were not applied.",
        "sources": [
          "ex-c-think-legal",
          "ex-c-think-contract-attempt"
        ],
        "checked": "2026-10-13"
      },
      "arrangement": {
        "value": "Requires Verification",
        "status": "Requires Verification",
        "note": "No Cayman-specific arrangement established. UK/global execution marketing was not treated as this entity's contractual or per-order model.",
        "sources": [
          "ex-c-think-legal"
        ],
        "checked": "2026-10-13"
      },
      "demo": {
        "value": "General warning: execution and charges can differ",
        "status": "Documented",
        "note": "Global support says demo is not an exact live simulation and may differ in slippage, liquidity, spreads, swaps, fees and margin close-outs. This general warning is not a Cayman ThinkTrader-specific guarantee or test.",
        "sources": [
          "ex-c-think-demo",
          "ex-c-think-landing"
        ],
        "checked": "2026-10-13"
      },
      "review": {
        "checked": "2026-10-13",
        "outcome": "Role: Requires Verification; Arrangement: Requires Verification; Demo: General warning: execution and charges can differ. Official documentation review only; no account or order tests.",
        "remainingChecks": [
          "Retrieve the Cayman agreement successfully and establish its current capacity/arrangement.",
          "Confirm how the global demo caveat applies specifically to Cayman ThinkTrader."
        ]
      }
    },
    "markets": {
      "scope": "TF Global Markets (International) Ltd · Cayman Islands · ThinkTrader (Cayman page; MT4/MT5 not verified for this entity). Market coverage not yet reviewed.",
      "tested": false,
      "forexCfd": {
        "status": "Requires Verification",
        "note": "Forex CFD demo access has not been established for this entity and platform.",
        "sources": [],
        "checked": null
      },
      "cryptoCfd": {
        "status": "Requires Verification",
        "note": "Cryptocurrency CFD demo access has not been established for this entity and platform.",
        "sources": [],
        "checked": null
      }
    },
    "api": {
      "status": "Requires Verification",
      "type": null,
      "route": "Not established for this offering",
      "note": "API access has not yet been established for this legal entity and demo platform. This does not mean it is unavailable.",
      "requirements": "Confirm the account, platform and regional requirements with the broker.",
      "sources": [],
      "docs": [],
      "checked": null,
      "tested": false
    }
  },
  "sources": {
    "ex-c-think-contract-attempt": {
      "title": "ThinkMarkets Cayman terms attempted",
      "url": "https://www.thinkmarkets.com/getmedia/15aa079d-fb62-49b5-b991-2ab5f38510e5/KY-Terms-and-Conditions.pdf?ext=.pdf",
      "owner": "Broker",
      "checked": "2026-10-13",
      "locator": "Cayman client agreement",
      "access": "Web tool reported content-length 15575189 too large; ordinary HTTP GET returned 403 HTML, not PDF; no current legal capacity extracted."
    },
    "ex-c-think-demo": {
      "title": "ThinkMarkets general demo/live differences",
      "url": "https://support.thinkmarkets.com/hc/en-gb/articles/20710685599121-What-are-the-differences-between-a-demo-and-live-account",
      "owner": "Broker",
      "checked": "2026-10-13",
      "locator": "Why can demo results differ; spreads; slippage; general support, not a Cayman ThinkTrader-specific test",
      "access": "Official page/PDF opened and read; no account opened or trading tested."
    },
    "ex-c-think-landing": {
      "title": "ThinkMarkets Cayman demo page",
      "url": "https://www.thinkmarkets.com/ky/demo-account/",
      "owner": "Broker",
      "checked": "2026-10-13",
      "locator": "Demo description; difference FAQ answer not exposed by text extraction",
      "access": "Official page/PDF opened and read; no account opened or trading tested."
    },
    "ex-c-think-legal": {
      "title": "ThinkMarkets Cayman legal documents",
      "url": "https://www.thinkmarkets.com/ky/legal-documents/",
      "owner": "Broker",
      "checked": "2026-10-13",
      "locator": "Retail client Terms and Conditions link; Cayman entity footer",
      "access": "Legal page opened. Terms click failed; older KY PDF indexed but web fetch size error and ordinary HTTP GET returned 403 HTML."
    },
    "thinkmarkets-3": {
      "title": "ThinkMarkets Cayman demo account",
      "url": "https://www.thinkmarkets.com/ky/demo-account/",
      "owner": "Broker",
      "evidence": "Rendered FAQ states 14 days from registration, free use, live-holder exception, multiple demos and support-assisted balance changes. Cayman footer names exact entity/licence.",
      "access_note": "Direct browser rendered text read 2026-10-12, resolving formerly collapsed FAQ access. No signup."
    },
    "thinkmarkets-4": {
      "title": "ThinkMarkets — ThinkTrader demo expiry",
      "url": "https://support.thinkmarkets.com/hc/en-gb/articles/11613171030417-Will-my-ThinkTrader-demo-account-expire",
      "owner": "Broker",
      "evidence": "Global support says 14 days of inactivity, conflicting with Cayman landing-page registration-based wording; non-expiring demos available to live holders.",
      "access_note": "Direct official help article read 2026-10-12; regional applicability unresolved."
    },
    "thinkmarkets-5": {
      "title": "ThinkMarkets Cayman legal documents",
      "url": "https://www.thinkmarkets.com/ky/legal-documents/",
      "owner": "Broker",
      "evidence": "Cayman entity 1612531 and regional exclusions; distinguishes Australian technology owner.",
      "access_note": "Direct official page read 2026-10-12."
    },
    "thinkmarkets-reg-1": {
      "title": "CIMA Securities Investment Business Licensees —31 December 2025",
      "url": "https://www.cima.ky/upimages/commonfiles/QuarterlyListofSecuritiesInvestmentBusinessLicensees-31December2025_1770039293.pdf",
      "owner": "Regulator",
      "evidence": "Exact TF Global Markets (International) Ltd, 1612531,12-Apr-21 in official dated securities licensee list.",
      "access_note": "PDF opened and text examined 2026-10-12; screenshot requested. Publication date explicitly limits freshness."
    },
    "thinkmarkets-reg-2": {
      "title": "CIMA current entity search",
      "url": "https://www.cima.ky/search-entities-cima",
      "owner": "Regulator",
      "evidence": "Current licensed/registered-entity search attempted, but no entity result retrieved.",
      "access_note": "Direct browser search for TF Global Markets on 2026-10-12 presented reCAPTCHA. Not solved or bypassed."
    },
    "thinkmarkets-reg-3": {
      "title": "ThinkMarkets Cayman demo account",
      "url": "https://www.thinkmarkets.com/ky/demo-account/",
      "owner": "Broker",
      "evidence": "Rendered FAQ states 14 days from registration, free use, live-holder exception, multiple demos and support-assisted balance changes. Cayman footer names exact entity/licence.",
      "access_note": "Direct browser rendered text read 2026-10-12, resolving formerly collapsed FAQ access. No signup."
    },
    "thinkmarkets-reg-4": {
      "title": "ThinkMarkets — ThinkTrader demo expiry",
      "url": "https://support.thinkmarkets.com/hc/en-gb/articles/11613171030417-Will-my-ThinkTrader-demo-account-expire",
      "owner": "Broker",
      "evidence": "Global support says 14 days of inactivity, conflicting with Cayman landing-page registration-based wording; non-expiring demos available to live holders.",
      "access_note": "Direct official help article read 2026-10-12; regional applicability unresolved."
    },
    "thinkmarkets-reg-5": {
      "title": "ThinkMarkets Cayman legal documents",
      "url": "https://www.thinkmarkets.com/ky/legal-documents/",
      "owner": "Broker",
      "evidence": "Cayman entity 1612531 and regional exclusions; distinguishes Australian technology owner.",
      "access_note": "Direct official page read 2026-10-12."
    }
  }
}
