ITRADER vs ThinkMarkets Comparison

ITRADER vs ThinkMarkets Broker Comparison

ITRADER versus ThinkMarkets Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$250MT4200+CySEC
NoneMT4, MT5, Trade Interceptor1000+FCA, ASIC, FSCA

ITRADER and ThinkMarkets Comparison

Both of these brokers provide MT4, ThinkMarkets also offers MT5 and Trade Interceptor. Each can provide tight spreads without a commission charge (ITRADER offers its tightest spreads on its VIP account).

ThinkMarkets can offer on its ThinkZero account Forex spreads from 0 pips, plus a commission charge. While they have a similar number of markets, ITRADER has a particularly wide range of Cryptocurrency CFDs available.

ITRADER is regulated by the CySEC in Cyprus. ThinkMarkets is regulated by the FCA in the United Kingdom and by the ASIC in Australia and is licensed by the FSCA in South Africa.

Quick comparison

Both offer MT4. ThinkMarkets additionally provides MT5 (in the UK, ThinkMarkets offers both spread betting and CFD trading on MT4 and MT5). ThinkMarkets also provides Trade Interceptor.

Account types and minimum deposit

The minimum deposit for ITRADER is $250. There is no minimum deposit for ThinkMarkets's Standard account, but there is a minimum deposit of £/$500 for the ThinkZero account.

  • The minimum deposit for ITRADER is $250. ITRADER provides three account types, Silver, Gold and Platinum. The current minimum deposit for Gold and Platinum is available upon request from the account manager assigned to the trader's account. An Islamic account is available on request.
  • ITRADER provides an extensive animated trading course on its website. It also offers eBooks, webinars and daily reviews and provides hedging for all account types. The Gold account additionally provides extra webinars and videos and a dedicated account manager. The Platinum account additionally provides a Free VPS and News Alerts.
  • 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.
  • 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.

Markets

  • ITRADER offers 200+ covering Forex, Indices, Energy, Metals, Stocks, Cryptocurrencies and Soft Commodities.
  • ThinkMarkets offers 1000+ covering Forex, Indices, Energy, Metals, Stocks, Cryptocurrencies and Soft Commodities.

Cryptocurrencies

  • ITRADER offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash ABC, Bitcoin Gold, Monero, DASH, IOTA, NEO, Zcash, Ethereum Classic, Cardano, Bitcoin SV, IOTA, Lisk, NEO, Qtum, Siacoin, Tether, NEM, Stellar, Verge, WAVES, TRON and Golem.
  • ThinkMarkets offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash.

Spreads and leverage

ITRADER can offer Forex spreads from 0.7 without a commission charge, while ThinkMarkets can offer Forex spreads from 0.4 without a commission charge. ThinkMarkets can additionally provide Forex spreads from 0 plus a commission charge.

The maximum leverage for ITRADER is . The maximum leverage for ThinkMarkets is .

Online trading platforms

Both brokers provide MT4. ThinkMarkets additionally offers MT5. Both provide mobile apps. The two brokers offer micro lot trading.

Why ITRADER or ThinkMarkets ?

Traders who want to trade on MetaTrader 4 (MT4) may do so at either broker. Traders who want to trade on MetaTrader 5 (MT5) can find this platform at ThinkMarkets. Traders who want an account structure with different account types requiring higher minimum deposits, can find this at ITRADER.

Comparison summary

  • Both brokers provide CFD trading
  • In the UK, ThinkMarkets additionally provides MT4 and MT5 spread betting
  • Both brokers offer MT4
  • ThinkMarkets additionally provides MT5
  • ThinkMarkets can offer more markets to trade overall
  • ITRADER provides premium account types

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