Compare AMarkets vs ThinkMarkets
What is AMarkets? What is ThinkMarkets ?
AMarkets is an online broker that was founded in 2007 and is regulated by the Financial Services Authority (FSA) of Saint Vincent and the Grenadines.
ThinkMarkets is an online broker that was founded in 2010 and is regulated by the Financial Conduct Authority (FCA) of the United Kingdom, the Australian Securities and Investments Commission (ASIC) and the Financial Sector Conduct Authority (FSCA) of South Africa.
AMarkets vs ThinkMarkets Regulation Comparison
Both brokers are regulated by reputable authorities, but ThinkMarkets has a higher level of regulation as it is authorized by three major regulators in different jurisdictions, while AMarkets is only regulated by one offshore regulator. This means that ThinkMarkets has to comply with stricter rules and standards regarding client protection, segregation of funds, capital adequacy and dispute resolution.
AMarkets vs ThinkMarkets Trading Assets Comparison
Both brokers offer a wide range of trading assets, including forex, stocks, indices, commodities, cryptocurrencies and CFDs. However, ThinkMarkets has a larger number of tradable instruments, with over 1000 products across 12 asset classes, while AMarkets has around 600 products across 8 asset classes.
AMarkets vs ThinkMarkets Trading Fees Comparison
Both brokers charge competitive trading fees, but the exact amount depends on the account type, trading platform and market conditions. Generally speaking, ThinkMarkets offers lower spreads and commissions than AMarkets, especially on its ThinkZero account, which has zero spreads on major currency pairs and a low commission of $3.5 per lot per side. AMarkets also has a zero spread account, but it charges a higher commission of $10 per lot per side.
AMarkets vs ThinkMarkets Account Types Comparison
Both brokers offer different account types to suit different trading styles and preferences. AMarkets has four account types: Standard, Fixed, ECN and Crypto. ThinkMarkets has three account types: Standard, ThinkZero and Islamic. The main differences between the account types are the minimum deposit, the leverage, the spreads, the commissions and the available trading platforms.
AMarkets vs ThinkMarkets Deposit Options Comparison
Both brokers offer various deposit and withdrawal options, such as bank wire transfer, credit/debit cards, e-wallets and cryptocurrencies. However, ThinkMarkets has more payment methods than AMarkets, including PayPal, Neteller, Skrill, Klarna and Rapid Transfer. Both brokers do not charge any fees for deposits or withdrawals, but third-party fees may apply depending on the payment method.
AMarkets vs ThinkMarkets Trading Platforms Comparison
Both brokers offer multiple trading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5) and their own proprietary platforms. AMarkets has AMarkets WebTrader and AMarkets MobileTrader, while ThinkMarkets has ThinkTrader for web, desktop and mobile devices. Both brokers also provide access to social trading platforms such as ZuluTrade and Myfxbook AutoTrade.
AMarkets vs ThinkMarkets Analytical Tools Comparison
Both brokers offer various analytical tools to help traders with market analysis and decision making. These include economic calendars, news feeds, market sentiment indicators, trading signals, technical analysis tools, charting tools and educational resources. However, ThinkMarkets has more advanced tools than AMarkets, such as Autochartist, Trading Central and TrendRisk Scanner.
AMarkets vs ThinkMarkets . Which forex broker is better? Which forex broker should you choose?
Choosing the right broker depends on your personal trading goals, preferences and risk appetite. However, you can consider a few factors when comparing AMarkets with ThinkMarkets:
- Regulation: If security and reliability are important, you may prefer ThinkMarkets as it is more regulated than AMarkets and is authorized by three major regulators in different jurisdictions.
- Trading Assets: If you want to diversify your portfolio and trade a wide range of instruments, you may prefer ThinkMarkets as it has a larger number of tradable products than AMarkets, which includes 12 types. asset.
- Trading Fees: If you want to save on trading costs and enjoy low spreads and low commissions, you may prefer ThinkMarkets as it offers lower fees than AMarkets, especially on its ThinkZero account .
- Account Type: If you want more options and more flexibility in choosing your account type, you may prefer AMarkets as it has four account types, while ThinkMarkets has three. However, you should also consider the minimum deposit, leverage, spreads, commissions and trading platforms available for each account type.
- Deposit and Withdrawal Options: If you want more convenient and fast deposits and withdrawals, you may prefer ThinkMarkets as it has more payment methods than AMarkets, including PayPal, Neteller, Skrill, Klarna and Rapid Transfer .
- Trading Platform: If you want more options and features in your trading platform, you may prefer ThinkMarkets as it offers MT4, MT5 and ThinkTrader, while AMarkets offers MT4, MT5 and AMarkets WebTrader and MobileTrader. However, you should also consider the compatibility, functionality, and usability of each platform for your trading needs.
- Analytical Tools: If you want more support and guidance in trading analysis and decision making, you may prefer ThinkMarkets as it offers more advanced tools than AMarkets, such as Autochartist, Trading Central and TrendRisk Scanner.
Ultimately, the best way to compare AMarkets with ThinkMarkets is to try it out for yourself by opening a demo or real account with them. This way, you can test their services and performance under real market conditions and see which one suits you better.
