easyMarkets vs. ThinkMarkets Broker Comparison

easyMarkets vs. ThinkMarkets Broker Comparison
easyMarkets versus ThinkMarkets Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$100MT4, Web Trader & Apps200+CySEC, ASIC
NoneMT4, MT5, Trade Interceptor1000+FCA, ASIC

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 a platform. easyMarkets has a web trading platform and apps, ThinkMarkets provides the Trade Interceptor web trader and apps.

One way brokers can support automated trading, is by providing MT4. Both of these brokers do so as well. However ThinkMarkets additionally offers MT5, the successor to MT4.

easyMarkets is a fixed spread broker and has no slippage and allows scalping and Expert Advisors (EAs). ThinkMarkets offers MT4 and MT5 trading with low spreads, plus a commission charge. It also allows scalping and EAs.

Both brokers are regulated by the ASIC. easyMarkets is regulated as well by the CySEC. ThinkMarkets is regulated as well by the FCA.

Quick comparison

Both brokers offer MT4 and web traders. easyMarkets has fixed spreads while ThinkMarkets offers variable spreads from 0 plus commission on its ThinkZero account. ThinkMarkets additionally provides MT5.

Minimum deposit and account types

easyMarkets has a minimum deposit of $100. ThinkMarkets does not have a minimum deposit, except for its ThinkZero account which a minimum deposit of $500.

  • easyMarkets offers a Standard account with a minimum deposit of $100 and a VIP account with a minimum deposit of $2,500.
  • All easyMarkets account types have customer support and a personal account manager. The VIP account additionally has telephone trading, access to the tightest spreads at easyMarkets, a personal analyst and real time SMS market updates. 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.
  • 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.
  • ThinkMarkets offers Forex, Energy, Metals, Indices, Cryptocurrencies, Shares and Soft Commodities.

easyMarkets provides 200+ markets to trade on its web trader (150+ on MT4), ThinkMarkets provides 200+ markets. easyMarkets offers 136 Day Trade/Spot FX, 48 FX Forwards plus 58 Vanilla Options FX pairs, versus 40+ Forex Pairs provided by ThinkMarkets.

Cryptocurrency CFDs

  • easyMarkets provides Bitcoin, Ethereum and Ripple.
  • ThinkMarkets provides Bitcoin, Ethereum, Litecoin, Bitcoin Cash and Ripple.

Leverage and spreads

Maximum leverage for easyMarkets (CySEC regulated) is . Maximum leverage for ThinkMarkets (FCA regulated) is .

ThinkMarkets can offer low spreads plus a commission charge. easyMarkets can offer Forex spreads from 1 (fixed) without a commission charge, while ThinkMarkets can provide Forex spreads from 0.4 (variable) without a commission charge.

Online trading platforms

Both brokers provide user friendly web traders. Each offers MT4. ThinkMarkets additionally provides MT5. Both offer mobile trading apps.

Why easyMarkets or ThinkMarkets ?

Traders who want to trade on MT4 may do so at either broker. Those who want to trade with user friendly web traders may also do so at either broker. Traders who want to trade on MT5 (the successor to MT4) can do so at ThinkMArkets, and trade 1000+ markets. ThinkMarkets has no minimum deposit for its Standard account, but a higher minimum deposit than easyMarkets for its ThinkZero account. In the UK, ThinkMarkets offers MT4 and MT5 spread betting, as well as CFD trading.

Comparison summary

  • Both brokers provide CFD trading
  • In the UK, ThinkMarkets additionally offers MT4 and MT5 spread betting
  • Both brokers offer MT4
  • ThinkMarkets additionally provides MT5
  • Each provides user friendly web traders
  • easyMarkets offers fixed spreads
  • Both allow Expert Advisors (EAs)
  • ThinkMarkets has no minimum deposit on its Standard account

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