Compare ThinkMarkets vs ActivTrades
What is ThinkMarkets? What is ActivTrades?
ThinkMarkets is an FCA and ASIC-regulated online broker that was founded in 2010 in New Zealand and later moved to Australia. It offers CFD trading on over 4,000 instruments, including forex, cryptocurrencies, indices, shares, metals, and commodities.
ActivTrades is also an FCA-regulated online broker that was founded in 2001 in Switzerland and later moved to the UK. It offers CFD trading on over 1,000 instruments, including forex, cryptocurrencies, indices, shares, ETFs, commodities, and bonds.
ThinkMarkets vs ActivTrades Regulation Comparison
Both ThinkMarkets and ActivTrades are regulated by the Financial Conduct Authority (FCA) in the UK, which means they have to comply with strict rules on client money protection, financial reporting, and fair treatment of customers.
Additionally, ThinkMarkets is regulated by the Australian Securities and Investments Commission (ASIC) in Australia, while ActivTrades is regulated by the Securities Commission of the Bahamas (SCB) in the Bahamas, the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg, the Banco Central do Brasil (BACEN) and the Comissão de Valores Mobiliários (CVM) in Brazil, and the Comissão do Mercado de Valores Mobiliários (CMVM) in Portugal.
ThinkMarkets vs ActivTrades Trading Assets Comparison
ThinkMarkets offers a wider range of trading assets than ActivTrades, with over 4,000 instruments across seven asset classes: forex, cryptocurrencies, indices, shares, metals, commodities, and futures.
ActivTrades offers over 1,000 instruments across seven asset classes as well: forex, cryptocurrencies, indices, shares, ETFs, commodities, and bonds. However, ActivTrades also allows investors to buy shares and ETFs with a flat brokerage fee and HIN ownership, which ThinkMarkets does not offer.
ThinkMarkets vs ActivTrades Trading Fees Comparison
Both ThinkMarkets and ActivTrades have competitive trading fees, with low spreads and no commissions on most instruments. ThinkMarkets claims to offer spreads as low as 0.4 pips on forex pairs and 0.5 pips on gold, while ActivTrades claims to offer spreads as low as 0.5 pips on forex pairs and 0.3 pips on gold. However, both brokers may charge other fees such as swap rates, overnight financing charges, currency conversion fees, inactivity fees, or withdrawal fees depending on the account type and trading activity.
ThinkMarkets vs ActivTrades Account Types Comparison
ThinkMarkets offers two main account types: Standard and ThinkZero. The Standard account has no minimum deposit requirement and no commission charges but higher spreads. The ThinkZero account has a minimum deposit requirement of $500 and commission charges of $3.5 per lot per side but lower spreads. Both accounts have a maximum leverage of 30:1 for retail clients and 500:1 for professional clients.
ActivTrades offers three main account types: Classic, Advantage, and Individual Share Dealing Account. The Classic account has no minimum deposit requirement and no commission charges but higher spreads. The Advantage account has a minimum deposit requirement of $1,000 and commission charges of $1 per lot per side but lower spreads. The Individual Share Dealing Account has a minimum deposit requirement of $10,000 and a flat brokerage fee of $8 per trade but HIN ownership. All accounts have a maximum leverage of 30:1 for retail clients and 400:1 for professional clients.
ThinkMarkets vs ActivTrades Deposit Options Comparison
Both ThinkMarkets and ActivTrades support various deposit and withdrawal options for their clients. ThinkMarkets accepts payments via bank transfer, credit/debit card (Visa or Mastercard), Skrill, Neteller, PayPal or BitPay.
ActivTrades accepts payments via bank transfer, credit/debit card (Visa or Mastercard), Skrill or Neteller. Both brokers do not charge any fees for deposits or withdrawals but may impose minimum or maximum limits depending on the payment method.
ThinkMarkets vs ActivTrades Trading Platforms Comparison
Both ThinkMarkets and ActivTrades provide their clients with access to multiple trading platforms that are compatible with different devices and operating systems. ThinkMarkets offers three platforms: ThinkTrader (its proprietary platform), MetaTrader 4 (MT4), and MetaTrader 5 (MT5). ThinkTrader is a web-based platform that has an intuitive design, powerful analytical tools, and consistent trading experience across mobile, desktop and web devices. MT4 and MT5 are popular platforms that have high-end service for ultra-fast trade execution, benefit from institutional-quality apps, indicators and tools, and trade a variety of instruments across several markets.
ActivTrades also offers three platforms: ActivTrader (its proprietary platform), MT4 and MT5. ActivTrader is a web-based platform that has a user-friendly interface, advanced charting features, and one-click trading functionality. MT4 and MT5 have similar features as ThinkMarkets’ versions but with some differences in technical indicators, timeframes, strategy testers, and economic calendars.
ThinkMarkets vs ActivTrades Analytical Tools Comparison
Both ThinkMarkets and ActivTrades provide their clients with various analytical tools to enhance their trading performance and decision making.
ThinkMarkets offers tools such as Autochartist (a market scanner that identifies trading opportunities based on technical analysis), Trading Central (a market research provider that offers technical analysis, market commentary, and trading signals), and VPS (a virtual private server that allows traders to run automated trading strategies without interruption).
ActivTrades offers tools such as Smart Tools (a suite of add-ons for MT4 and MT5 that enhance the functionality of the platforms), Smart Forecast (a tool that calculates support and resistance levels, volatility, and price movements), and Smart Pattern (a tool that scans historical data to find patterns and trends).
ThinkMarkets vs ActivTrades. Which forex broker is better? Which forex broker should you choose?
There is no definitive answer as to which forex broker is better or which one you should choose, as different brokers can suit different traders depending on preference. , their goals and strategies. ThinkMarkets and ActivTrades are both reputable and trusted online brokers offering CFD trading on a wide range of assets.
However, they also have some differences in terms of regulations, trading assets, trading fees, account types, deposit and withdrawal options, trading platforms, and analytical tools. Therefore, you may want to compare these factors carefully and choose the broker that best suits your trading needs and preferences. Additionally, you may also want to consider other brokers that may offer different features and benefits that may appeal to you.
