Compare eToro vs ThinkMarkets

Compare eToro vs ThinkMarkets

eToro vs ThinkMarkets Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$200Web Trader & Apps1000+FCA, ASIC, CySEC
NoneTrade Interceptor, MT4, MT51000+FCA, ASIC

eToro and ThinkMarkets Comparison

eToro is a Social Trading Network which offers CFD trading and at FCA and CySEC regulated eToro, real Stocks, ETFs and Cryptocurrencies to buy to own. eToro provides copy trading and social trading on a user friendly trading platform, as well as products based on the network.

ThinkMarkets offers trading on MetaTrader 4 (MT4), its successor MetaTrader 5 (MT5) and the user friendly Trade Interceptor. Traders can use EAs (online trading robots) on MT4 and MT5. In the UK, ThinkMarkets offers MT4 and MT5 spread betting as well as CFD trading.

Both are regulated by the FCA in the United Kingdom and the ASIC in Australia. eToro is also regulated by the CySEC in Cyprus.

Quick comparison

eToro has a web trader and apps, supporting a range of trading styles including social and copy trading. ThinkMarkets offers a web trader and apps and MT4 and MT5 - on MT4 and MT5 it supports automated trading.

Automated and discretionary trading support

Both of these traders can be seen as supporting discretionary trading, where the trader uses tools and information to make trading decisions. Trade Interceptor (provided by ThinkMarkets) has features which can be seen as supportive to this: it is user friendly, intuitive, has a news feed and charting tools - it fits perhaps into the category of intuitive interfaces.

How might this support discretionary trading ? Because this kind of trading is human centered, and thus an interface which is more attuned to the human, can be seen as providing some kind of relief to the task of trading. However eToro also has such an interface in its web trader and goes further, by supporting human based decision making with social trading tools.

Both of these traders can also be seen as supporting automated trading, but in different ways. eToro provides such support, that is allowing the trader to have decisions taken other by themselves, by providing extensive tools for copy trading, where the trades of other traders are copied into the trader's account.

ThinkMarkets offers support by firstly providing MT4 and MT5, which have tools for supporting automated trading strategies (Expert Advisors) and then offering its ThinkZero account and a trading infrastructure using Equinix servers. Why is this important - because this kind of infrastructure helps deliver fast order transmission, which can be important for certain kinds of automated trading.

Minimum deposit and account types

The minimum deposit for eToro is $200. There is no minimum deposit for ThinkMarkets's Standard account.

  • eToro is a Social Trading Platform and Network which supports trading, social trading as well as auto trading by copying other traders (or being copied) and provides products based on this network. eToro offers the eToro Club, which is a tiered program with additional features depending on account equity (which can include personalised service and event invitations), starting at $5000 (Silver) and going up to Diamond ($250,000). The minimum trade size is 0.01 lots.
  • ThinkMarkets offers both CFD trading and spread betting. It provides the Standard account and the ThinkZero account. An Islamic account is available. There is no minimum deposit for the Standard account. The minimum deposit for the ThinkZero account is $/£500. The Standard account does not charge commissions, ThinkZero account does charge a commission. The minimum trade size is 0.01 lots.
  • ThinkMarkets account types provide 24/6 Live Support and a Free VPS Service, T&Cs apply. The ThinkZero account also offers AutoChartist and an account manager. ThinkMarkets offers Market News, Webinars, an Economic Calendar and Tutorials on its website.


  • eToro offers Forex, Indices, Energy, Metals, Cryptocurrencies, Stocks, Soft Commodities, ETFs and Bonds, with 1000+ available.
  • ThinkMarkets provides Forex, Indices, Energy, Metals, Cryptocurrencies, Stocks and Soft Commodities, with 1000+ on offer.


  • eToro provides Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple, Dash, NEO, Zcash, IOTA, EOS, Cardano, Stellar, Ethereum Classic, TRON, Tezos and Binance Coin.
  • ThinkMarkets offers Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple.

Spreads and leverage

ThinkMarkets offers Forex spreads from 0 plus a commission charge. ThinkMarkets additionally provides Forex spreads from 0.4 without a commission charge, while eToro offers Forex spreads from 3 (typical) without a commission charge.

Maximum leverage for eToro is . Maximum leverage at ThinkMarkets (FCA regulated) is .

Online trading platforms

Both brokers offer web traders. ThinkMarkets also provides MT4 and MT5. Each offers mobile apps.

Why eToro or ThinkMarkets ?

Traders who want to trade on user friendly web traders can do so at either broker. Those who want to trade on MT4 and MT5 can do so at ThinkMarkets. Traders who want to trade with online robots (EAs) can do so at ThinkMarkets. Traders who want to social and copy trade can do this at eToro. On MT5 ThinkMarkets has a similar number of markets as eToro (1000+).

Comparison summary

  • Both brokers provide CFD trading
  • In the UK, ThinkMarkets additionally offers MT4 nd MT5
  • Both provide user friendly web traders and apps
  • eToro supports social and copy trading on its platform
  • ThinkMarkets allows automated with robots on MT4 and MT5

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