| Online Broker | Minimum Deposit | Trading Platforms | Markets | About |
|---|---|---|---|---|
| ThinkMarkets | None Minimum Deposit | MT4, MT5, ThinkTrader Trading Platforms | 3500+ Markets To Trade | ThinkMarkets provides trading, including automated trading with robots on MT4 and MT5 and offers user friendly ThinkTrader and provides social and copy trading via ZuluTrade About |
| Trading 212 | $1 Minimum Deposit | Web Trader & Apps Trading Platforms | 10,000+ Markets To Trade | Trading 212 offers markets including 10,000+ real Stocks and ETFs along with CFDs on a user friendly platform, with a minimum deposit for Stocks of $1 About |
ThinkMarkets vs Trading 212 Comparison
Both of these brokers offer CFD trading accounts. In the UK ThinkMarkets also provides spread betting. When trading a CFD or spread betting, the broker does not own the market being traded. Trading 212 additionally offers an Invest account which provides real Stocks and ETFs to own (not CFDs). At neither ThinkMarkets not Trading 212 are commissions charged for trading Stocks CFDs. Trading 212 does not charge commissions either for trading real Stocks.
Both brokers offer user friendly trading platforms designed for the trader who executes their own trades. ThinkMarkets offers ThinkTrader and Trading 212 provides its web trader (both platforms have app versions).
However ThinkMarkets additionally provides MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms are available on its Standard and ThinkZero account. The ThinkZero account is an MT4/MT5 account which has features which can be of interest to automated traders as it can offer very low spreads for the more liquid Forex pairs to which it adds a commission charge. However traders can use robots on the Standard account as well. For Forex traders, Trading 212 has a particularly large number of Forex pairs to trade (150+).
ThinkMarkets does not have a minimum deposit on its Standard account. However on its ThinkZero account, ThinkMarkets has a minimum deposit of $500. Trading 212 offers a minimum deposit of $10 to trade CFDs and $1 to invest in real Stocks.
Trading 212 is regulated by the FCA in the United Kingdom, the CySEC in Cyprus and the FSC in Bulgaria.
ThinkMarkets is regulated by the FCA in the United Kingdom and the ASIC in Australia and is licensed by the FSCA in South Africa.
Quick comparison
Both brokers offer CFD trading. ThinkMarkets additionally provides spread betting in the UK. Trading 212 offers as well Stocks and CFD to own on its Invest account.
Minimum deposit and key account features
There is no minimum deposit for ThinkMarket's Standard account. The minimum deposit for Trading 212 to trade CFDs is $/€/£10 (the minimum deposit for the Invest account is $/€/£1).
- 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. EAs and scalping are allowed. 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.
- Trading 212 has a CFD and an Invest account. Trading 212 provides Videos, News, Analysis and an Economic Calendar on its trading platform and its website.
Markets
- ThinkMarkets provides Forex, Indices, Energy, Cryptocurrencies, Metals and Stocks and Soft Commodities, with 3500+ on offer.
- Trading 212 offers CFD trading in Forex, Indices, Energy, Cryptocurrencies, Metals, Stocks, Soft Commodities and ETFs, with 2,500+ available. Trading 212 on the Invest account offers real Stocks and ETFs, with 10,000+ available.
ThinkMarkets has 40+ Forex Pairs. Trading 212 has 150+ Forex Pairs.
| Broker | Trading Platforms | Description |
|---|---|---|
| Trading 212 Broker | Web Trader & Apps Trading Platforms | Trading 212 offers 10,000+ real Stocks and ETFs as well as CFDs on a user friendly platform Description |
| ThinkMarkets Broker | MT4, MT5, ThinkTrader Trading Platforms | ThinkMarkets has CFD trading including automated trading on MT4 and MT5 and provides user friendly ThinkTrader Description |
Commissions
- ThinkMarkets does not charge a commission on the Standard account and charges a commission of $3.5 per lot per side for its ThinkZero account.
- Trading 212 does not charge commissions.
Leverage
Maximum leverage for ThinkMarkets (FCA regulated) is . Maximum leverage for Trading 212 (FCA, CySEC or FSC regulated) is .
Online trading platforms
ThinkMarkets offers MT4 and MT5 and ThinkTrader and apps. Trading 212 offers a web trader and apps.
Why ThinkMarkets or Trading 212 ?
Traders who want to trade using MT4 and MT5's automated trading strategies (Expert Advisors) can do so at ThinkMarkets. Traders who want to trade a range of CFD markets may do so at either broker. Traders in the UK who want to spread bet can do so on MT4 and MT5 at ThinkMarkets. Those who want to buy real Stocks and ETFs to own (and sell) can find an Invest account at Trading 212.
Comparison summary
- Both brokers offer CFD trading
- In the UK ThinkMarkets also provides spread betting
- Trading 212 additionally offers 10,000+ real Stocks and ETFs
- ThinkMarkets offers MT4 and MT5
- Trading 212 provides a user friendly web trader and apps
- ThinkMarkets offers user friendly ThinkTrader
- ThinkMarkets allows EA robots for automated trading
- ThinkMarkets provides social and copy trading
