Broker to Trading

Both provide user friendly trading platforms designed for traders who execute their own trades. ThinkMarkets has support for traders who want to use automated trading strategies, providing MT4 and its successor MT5, which allow the trader to use and build online trading robots called Expert Advisors (EAs).

While both offer CFD trading, in the UK ThinkMarkets can additionally provide MT4 and MT5 spread betting.

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

Plus500UK Ltd is authorized and regulated by the FCA (#509909). Plus500CY Ltd is authorized and regulated by CySEC (#250/14). Plus500SG Pte Ltd is licensed by the MAS (#CMS100648-1) in Singapore. Plus500AU Pty Ltd (ACN 153301681) is licensed by: ASIC in Australia, AFSL #417727 and FMA in New Zealand, FSP #486026 and is an authorised Financial Services Provider in South Africa, FSP #47546. Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (Licence No. 4.1-1/18). Plus500AE Ltd is authorised and regulated by the Dubai Financial Services Authority (F005651). Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039).

Quick comparison

Both offer web traders and apps while ThinkMarkets also has MT4 and MT5. ThinkMarkets has more markets to trade overall. ThinkMarkets can provide in the UK spread betting on MT4 and MT5 as well as CFD trading.

Account types and minimum deposit

The minimum deposit for Plus500 is $100. There is no minimum deposit for ThinkMarkets's Standard account, but there is a minimum deposit of $500 for the ThinkZero account.

• Plus500 provides CFD trading. For all traders, Plus500 offers an Economic Calendar on its website covering news events and market effects and has economic data integrated into its platform. Plus500 offers the +Insights tool which provides real time data abut the activity of other Plus500 traders. Additionally, Plus500 offers a Trading Academy on its website as well as News and Market Insights.
• 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. Additionally ThinkMarkets supports social and copy trading via ZuluTrade.

Markets

• Plus500 offers CFDs on Forex, Commodities, Indices, Cryptocurrencies, Stocks, ETFs and Options, with 2000+ available.
• ThinkMarkets offers CFDs on Forex, Commodities, Indices, Cryptocurrencies and Stocks, with 3500+ available.

Leverage

Maximum leverage for Plus500 is . Maximum leverage for ThinkMarkets (FCA regulated) is .

Online trading platforms

Both offer user friendly web traders (Plus500's platform can also be downloaded). ThinkMarkets additionally offers MT4 and MT5. Both provide mobile apps.

Why Plus500 or ThinkMarkets ?

Traders who want to trade on user friendly web traders can find these platforms at either. Those who want to trade on MetaTrader 4 (MT4) and MetaTrader 5 (MT5) can find these platforms at ThinkMarkets. Traders who want to trade using online trading robots (EAs) can do so at ThinkMarkets.

Comparison summary

• Both provide CFD trading
• In the UK, ThinkMarkets additionally offers MT4 and MT5 spread betting
• ThinkMarkets provides MT4 and MT5
• ThinkMarkets allows automated trading
• Both provide user friendly web traders
• ThinkMarkets offers 3500+ Stocks CFDs