ETX Capital vs. ThinkMarkets Broker Comparison

ETX Capital vs. ThinkMarkets Broker Comparison

ETX Capital versus ThinkMarkets Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$100MT4, ETX TraderPro5000+FCA
NoneMT4, MT5, Trade Interceptor1000+FCA, ASIC

ETX Capital and ThinkMarkets Comparison

These brokers each offer MT4 and web traders. ThinkMarkets additionally provides MT5, on which it has 1000+ markets, though on its ETX TraderPro platform ETX Capital offers 5000+ markets to trade. Boith allow automated trading with robots, on MT4 at both and MT4 and MT5 at ThinkMarkets.

Both are FCA regulated in the United Kingdom. ThinkMarkets is additionally ASIC regulated in Australia.

Quick technical comparison

Both of these brokers offer MT4, though ETX Capital has a lower minimum deposit. However ThinkMarkets has no dealing desk order execution. Both say they use fast order execution on MT4 (ThinkMarkets uses Equinix servers on MT4). For discretionary traders, they offer tight variable CFD and spread betting spreads. For automated and discretionary traders, ThinkMarkets can offer low spreads plus a commission charge on MT4. Both provide spread betting on MT4 in the UK as well as CFD trading. ThinkMarkets additionally offers MT5 CFD trading and in the UK spread betting,

Minimum deposit and account types

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

  • ETX Capital provides both CFD trading and spread betting. The minimum deposit is £/$100 for ETX Capital. It provides a range of features including webinars and seminars. For a minimum first deposit of £/$/€1,000, T&Cs apply, ETX Capital offers a dedicated account manager, news and updates from Trading Central and a free 8 hour trading course to be taken within 6 months.
  • 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

  • ETX Capital offers Forex, Indices, Energy, Metals, Shares, Cryptocurrencies, Soft Commodities, Bonds, IPOs, ETFs and Interest Rates, with 5000+ available.
  • ThinkMarkets offers Forex, Indices, Energy, Metals, Shares, Cryptocurrencies and Soft Commodities, with 1000+ available.

Cryptocurrency CFDs

  • ETX Capital provides Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash (as a CFD or for spread betting).
  • ThinkMarkets provides Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash.

Online trading platforms

Both provide MT4 and web traders. ThinkMarkets additionally offers MT5. Both provide mobile apps.

Spreads and leverage

ETX Capital can offer Forex spreads from 0.6 without a commission charge, while ThinkMarkets can provide Forex spreads form 0.4 without a commission charge. ThinkMarkets can additionally provide low Forex spreads from 0 with a commission charge.

The maximum leverage for ETX Capital is . The maximum leverage for ThinkMarkets is .

Quick comparison

ETX Capital is a CFD and in the UK spread betting broker with a relatively large number of markets on its web trader, while ThinkMarkets offers trading on MT4, MT5 and Trade Interceptor and in the UK, spread betting on MT4 and MT5.

Why ETX Capital or ThinkMarkets ?

For traders who wish to have a large selection of markets to trade, then ETX Capital provides this capacity, with 5000+ on ETX TraderPro. Traders who want to trade a relatively large number of markets on MT5 can do so at ThinkMarkets. Both support trading with robots on MT4 (and on MT5 at ThinkMarkets).

Comparison summary

  • Both brokers provide CFD trading
  • In the UK, both offer spread betting
  • Each provides web traders
  • Both allow trading with Expert Advisors (EAs)
  • Each offers MT4
  • ThinkMarkets additionally provides MT5
  • ETX Capital has 5000+ markets to trade on ETX TraderPro
  • ThinkMarkets offers 1000+ markets on MT5

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