| Online Broker | Minimum Deposit | Trading Platforms | Markets | About |
|---|---|---|---|---|
| easyMarkets | $25 Minimum Deposit | MT4, MT5, easyMarkets Platform, TradingView Trading Platforms | 275+ Markets To Trade | easyMarkets offers tools such as dealCancellation and Freeze Rate on its user friendly platform and has fixed spreads on this platform, MT4 and TradingView and variable spreads on MT5 (from 0.5) About |
| ThinkMarkets | None Minimum Deposit | MT4, MT5, ThinkTrader Trading Platforms | 3500+ Markets To Trade | ThinkMarkets offers both MT4 and MT5, provides copy trading, allows automated trading and offers user friendly ThinkTrader About |
easyMarkets and ThinkMarkets Comparison
One way brokers may support discretionary (non-automated) trading is by providing an approachable web trader (and apps), with a range of technical indicators and chart price types, i.e. the trader is provided with tools to analyse markets themselves. Both easyMarkets and ThinkMarkets provide such platforms. easyMarkets has a web trading platform and apps (and TradingView), ThinkMarkets provides the ThinkTrader web trader and apps.
One way brokers can support automated trading, is by providing MT4 and MT5 (MT5 is the successor to MT4). Both of these brokers do so as well.
easyMarkets is a fixed spread broker and has no slippage and allows scalping and Expert Advisors (EAs) (however it does provide variable spreads on MT5). ThinkMarkets offers MT4 and MT5 trading with low spreads, plus a commission charge. It also allows scalping and EAs.
Quick comparison
Both brokers offer MT4, MT5 and user friendly platforms. easyMarkets has fixed spreads on all platforms except MT5, while ThinkMarkets offers variable spreads from 0 plus commission on its ThinkZero account.
Minimum deposit and account types
easyMarkets has a minimum deposit of $25. ThinkMarkets does not have a minimum deposit, except for its ThinkZero account which a minimum deposit of $500.
- easyMarkets offers Standard, Premium and VIP accounts (in the EEA, Standard and VIP are available). The minimum deposit for the Standard account is $25, for the Premium account is $2000 and for the VIP account is $10,000. Each ascending account type types offers lower minimum spreads. All account types provide a Personal Account Manager, 24/5 Phone and Live Chat and Trading Insights. The easyMarkets Platform offers dealCancellation, InsideViewer and Freeze Rate. The minimum trade size is 0.01 lots.
- ThinkMarkets offers both CFD trading and spread betting. It offers 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. Social and copy trading is supported via ZuluTrade.
- 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
- easyMarkets offers Forex, Energy, Metals, Indices, Cryptocurrencies, Shares and Options, with 275+ available.
- ThinkMarkets offers Forex, Energy, Metals, Indices, Cryptocurrencies, Shares and Soft Commodities, with 3500+ available.
| Broker | Trading Platforms | Description |
|---|---|---|
| easyMarkets Broker | MT4, MT5, easyMarkets Platform, TradingView Trading Platforms | easyMarkets offers fixed spreads on MT4, the easyMarkets platform and TradingView and has variable spreads from 0.6 on MT5, along with tools such as Freeze Rate and dealCancellation on the easyMarkets Platform Description |
| ThinkMarkets Broker | MT4, MT5, ThinkTrader Trading Platforms | ThinkMarkets offers both MT4 and MT5 with automated trading, provides its user friendly ThinkTrader platform, offers copy trading and has 3500+ Stocks CFDs Description |
Spreads
ThinkMarkets can offer low spreads plus a commission charge. easyMarkets can offer Forex spreads from 0.5 variable without a commission charge, while ThinkMarkets can provide Forex spreads from 0.4 (variable) without a commission charge. easyMarkets also provides fixed spreads from 0.7 without a commission charge (on MT4).
Online trading platforms
easyMarkets offers MT4, MT5, the easyMarkets platform and TradingView. ThinkMarkets provides MT4, MT5 and ThinkTrader.
Why easyMarkets or ThinkMarkets ?
Traders who want to trade on MT4 or MT5 may do so at either. Traders who want to trade on a user friendly platform can find this at either. Traders who want to trade on TradingView, may find this platform at easyMarkets. Those who want to trade with fixed spreads across a range of platforms can do this at easyMarkets. Traders who want to trade using robots may do so at either. Those who want to trade a relatively large number of Stocks CFDs, may do so at easyMarkets.
Comparison summary
- Both provide CFD trading
- In the UK, ThinkMarkets additionally offers MT4 and MT5 spread betting
- Both offer MT4 and MT5
- Each provides user friendly web traders
- easyMarkets additionally offers TradingView
- easyMarkets can provide fixed spreads on MT4, the easyMarkets Platform and TradingView
- Both allow Expert Advisors (EAs)
- ThinkMarkets has no minimum deposit on its Standard account
- ThinkMarkets has 3500+ Stocks CFDs
