Markets.com vs. ThinkMarkets Broker Comparison

Markets.com vs. ThinkMarkets Broker Comparison

Markets.com versus ThinkMarkets Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$100MT4, Web Trader & Apps, MT52000+CySEC, ASIC, FSCA
NoneMT4, Trade Interceptor200+FCA, ASIC

Markets.com and ThinkMarkets Comparison

These are both CFD brokers offering web traders and MT4. Markets.com additionally provides MT5. However in the UK, ThinkMarkets can offer spread betting on MT4. Markets.com has considerably more markets than ThinkMarkets (when respective web traders are compared), but ThinkMarkets has a competitive number for an MT4 broker.

ThinkMarkets is regulated by the FCA in the United Kingdom and the Australian ASIC. Markets.com is operated by Safecap Investments Limited which is regulated by the CySEC in Cyprus and the FSCA in South Africa. Markets.com Australia is operated by Tradetech Markets (Australia) Pty Ltd which is regulated by the ASIC in Australia. Markets.com Africa is operated by TradeTech Markets (South Africa) which is regulated by the FSCA in South Africa.

Quick comparison

Both offer web traders and MT4, Markets.com has more markets and MT5. ThinkMarkets can offer ECN trading on MT4 and in the UK spread betting.

Minimum deposit and account types

The minimum deposit for Markets.com is $100. There is no minimum deposit for ThinkMarkets's Standard account, but there is a minimum deposit of £/$500 for the ThinkZero account.

  • Markets.com offers three account types, Classic, Standard and Premium, depending on the deposit, and an Islamic account. The minimum initial deposit is $100 for the Classic and Islamic accounts, $2,500 for the Standard account and $20,000 for the Premium account.
  • All three Markets.com account types come with daily analysis, tutorials, customer support and webinars. The standard account also comes with a dedicated account manager, SMS news and signals, and premium daily analysis. Markets.com's Premium account also comes with premium customer support.
  • 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. The ThinkZero account also provides Autochartist and an account manager.

Markets

  • Markets.com offers Currency Pairs, Indices, Commodities, Shares, Cryptocurrencies, ETFs and Bonds.
  • ThinkMarkets offers Currency Pairs, Indices, Commodities, Shares and Cryptocurrencies.

Markets.com offers 2000+ individual markets to trade, ThinkMarkets offers 200+.

Cryptocurrency CFDs

  • Markets.com provides Bitcoin Futures, Ethereum, Litecoin, Ripple, Bitcoin Cash and Dash.
  • ThinkMarkets provides Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Dash, Bitcoin Gold, Monero, ETP, Iota, NEO, OmiseGO, and Zcash.

Leverage and spreads

Maximum leverage for Markets.com operated by Safecap Investments Limited (CySEC regulated) is . Maximum leverage for Markets.com Australia is 1:300. Maximum leverage for Markets.com Africa is 1:300. Maximum leverage for ThinkMarkets (FCA regulated) is . Maximum leverage for ThinkMarkets (ASIC regulated) is 500:1.

  • Markets.com's spreads are fixed under normal market conditions, from 2 pips for EUR/USD, 1.2 for the UK100, 0.7 for Gold and 0.03 for US Crude Oil.
  • Spreads on ThinkMarkets can vary with account type and types of trading. Spread betting Standard spreads are variable and are from 0.8 for EUR/USD, with a target spread from 1 for UK100 and with an average spread of 0.20 for Gold and 0.04 for US Crude Oil.
  • ThinkMarkets CFD Standard spreads are variable and are from 0.4 for EUR/USD, with a target spread from 1 for UK100 and from 0.25 for Gold and 0.03 for US Crude Oil. On the ThinkZero account, Forex spreads can be as low as 0 with commissions of $3.5 per lot per side.

Thus Markets.com provides fixed spreads for all account types with no commission charge, while ThinkMarkets provides low variable spreads with commissions charged for the ThinkZero account and commission free variable spread betting and Standard CFD spreads.

Platform

Both offer MT4. Markets.com additionally provides MT5 and its Web Trader. ThinkMarkets additionally offers Trade Interceptor. These platforms are available as apps.

Why Markets.com or ThinkMarkets ?

Both offer web traders (and app versions) and MT4. Markets.com additionally provides MT5. Markets.com has considerably more CFD markets, when its web trader vs Trade Interceptor is considered (essentially, Markets.com can offer many more Stocks CFDs on its web trader platform). Arguably both Markets.com's web trader and ThinkMarkets's Trade Interceptor are accessible and user friendly, supporting the trader who makes their own trading decisions. ThinkMarkets is a no dealing desk STP broker, using Equinix infrastructure. In the UK, ThinkMarkets can offer MT4 spread betting.

Comparison summary

  • Both offer CFD trading
  • In the UK, ThinkMarkets can also provide spread betting on MT4
  • Markets.com can provide more CFDs overall
  • ThinkMarkets can offer ECN trading on MT4, for a higher minimum deposit
  • Both have a web trader and an app version

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