Compare ThinkMarkets vs Markets.com
What is ThinkMarkets? What is Markets.com?
ThinkMarkets is an online broker that was established in 2010 and is regulated by the FCA and ASIC. It offers CFD trading on over 4,000 financial instruments, including forex, cryptocurrencies, indices, commodities, share CFDs and metals. It also offers investing in over 3,000 shares and ETFs with HIN ownership.
Markets.com is an online broker that was founded in 2008 and is regulated by the CySEC, FSCA and ASIC. It offers CFD and spread betting trading on over 2,200 financial instruments, including forex, commodities, indices, shares, bonds and ETFs. It also offers cryptocurrencies trading with leverage.
ThinkMarkets vs Markets.com Regulation Comparison
Both brokers are regulated by reputable authorities, but ThinkMarkets has more licenses than Markets.com. ThinkMarkets is authorized by the UK Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), the Financial Sector Conduct Authority (FSCA) of South Africa, the Financial Services Authority (FSA) of Seychelles, the Financial Services Commission (FSC) of Bermuda, the Dubai Financial Services Authority (DFSA), the Financial Markets Authority (FMA) of New Zealand and the Cayman Islands Monetary Authority (CIMA).
Markets.com is authorized by the Cyprus Securities and Exchange Commission (CySEC), the FSCA of South Africa, the ASIC of Australia and the Financial Services Board (FSB) of Namibia.
ThinkMarkets vs Markets.com Trading Assets Comparison
ThinkMarkets offers a wider range of trading assets than Markets.com. ThinkMarkets has over 4,000 instruments across six asset classes: forex, cryptocurrencies, indices, commodities, share CFDs and metals.
Markets.com has over 2,200 instruments across five asset classes: forex, commodities, indices, shares and bonds. ThinkMarkets also offers investing in over 3,000 shares and ETFs with HIN ownership, while Markets.com does not have this option.
ThinkMarkets vs Markets.com Trading Fees Comparison
ThinkMarkets and Markets.com have different fee structures for their trading services. ThinkMarkets does not charge any commission for CFD trading, but it has variable spreads that depend on the account type and market conditions. It also charges swap fees for holding positions overnight and may charge inactivity fees after 12 months of no trading activity.
Markets.com does not charge any commission for CFD or spread betting trading, but it has fixed or variable spreads depending on the instrument and market conditions. It also charges swap fees for holding positions overnight and may charge inactivity fees after three months of no trading activity.
ThinkMarkets vs Markets.com Account Types Comparison
ThinkMarkets and Markets.com offer different account types for their clients. ThinkMarkets has three account types: Standard, ThinkZero and Invest. The Standard account has no minimum deposit requirement and offers variable spreads from 0.4 pips on forex pairs. The ThinkZero account has a minimum deposit requirement of $500 and offers variable spreads from zero pips on forex pairs with a commission of $3.5 per side per lot. The Invest account has a minimum deposit requirement of $500 and offers investing in shares and ETFs with an $8 flat brokerage fee per trade and HIN ownership.
Markets.com has two account types: Retail and Professional. The Retail account has no minimum deposit requirement and offers fixed or variable spreads depending on the instrument with leverage up to 1:30. The Professional account has a minimum deposit requirement of $10,000 and offers fixed or variable spreads depending on the instrument with leverage up to 1:300.
ThinkMarkets vs Markets.com Deposit Options Comparison
ThinkMarkets and Markets.com have similar deposit and withdrawal options for their clients. Both brokers accept credit/debit cards, bank wire transfers, e-wallets such as Skrill, Neteller and PayPal, and local payment methods such as Sofort, iDeal and Giropay. Both brokers do not charge any fees for deposits or withdrawals, but they may have minimum or maximum limits depending on the payment method. Both brokers also process withdrawal requests within one business day.
ThinkMarkets vs Markets.com Trading Platforms Comparison
ThinkMarkets and Markets.com have different trading platforms for their clients. ThinkMarkets offers three trading platforms: ThinkTrader, MetaTrader 4 (MT4) and MetaTrader 5 (MT5). ThinkTrader is a proprietary platform that has an intuitive design, easy trade management, powerful analytical tools and a consistent trading experience across mobile, desktop and web devices. MT4 is an established platform that has high-end service, ultra-fast execution, institutional-quality apps and indicators and a variety of instruments across several markets. MT5 is an upgraded platform that has more technical indicators, timeframes, strategy tester, economic calendar and a larger number of instruments than MT4.
Markets.com offers two trading platforms: Marketsx and Marketsi. Marketsx is a proprietary platform that has low spreads, lightning-fast execution, expert market insights and a range of tools such as advanced charts, sentiment indicators, signals and alerts. Marketsi is an investing platform that has access to over 9,000 shares and ETFs, smart portfolio management, market research and analysis and a range of tools such as stock screener, analyst consensus and financial statements.
ThinkMarkets vs Markets.com Analytical Tools Comparison
ThinkMarkets and Markets.com have different analytical tools for their clients. ThinkMarkets provides various tools such as Autochartist, Trading Central, Economic Calendar, Market News, Trading Guides and Expert Insights.
Markets.com provides various tools such as Marketsx Tools, Marketsi Tools, Economic Calendar, Market News, Webinars and eBooks.
ThinkMarkets vs Markets.com. Which forex broker is better? Which forex broker should you choose?
ThinkMarkets and Markets.com are both reputable and regulated online brokers that offer forex trading services, but they have some differences that may suit different types of traders. Here are some factors that you may want to consider when choosing between them:
- Regulation: ThinkMarkets has more licenses than Markets.com, which means it can operate in more jurisdictions and offer more protection to its clients. ThinkMarkets is authorized by the UK FCA, the Australian ASIC, the South African FSCA, the Seychelles FSA, the Bermuda FSC, the Dubai DFSA, the New Zealand FMA and the Cayman Islands CIMA. Markets.com is authorized by the Cyprus CySEC, the South African FSCA, the Australian ASIC and the Namibian FSB.
- Trading Assets: ThinkMarkets offers a wider range of trading assets than Markets.com, with over 4,000 instruments across six asset classes: forex, cryptocurrencies, indices, commodities, share CFDs and metals. Markets.com offers over 2,200 instruments across five asset classes: forex, commodities, indices, shares and bonds. ThinkMarkets also offers investing in over 3,000 shares and ETFs with HIN ownership, while Markets.com does not have this option.
- Trading Fees: ThinkMarkets and Markets.com have different fee structures for their trading services. ThinkMarkets does not charge any commission for CFD trading, but it has variable spreads that depend on the account type and market conditions. It also charges swap fees for holding positions overnight and may charge inactivity fees after 12 months of no trading activity. Markets.com does not charge any commission for CFD or spread betting trading, but it has fixed or variable spreads depending on the instrument and market conditions. It also charges swap fees for holding positions overnight and may charge inactivity fees after three months of no trading activity.
- Account Types: ThinkMarkets has three account types: Standard, ThinkZero and Invest. The Standard account has no minimum deposit requirement and offers variable spreads from 0.4 pips on forex pairs. The ThinkZero account has a minimum deposit requirement of $500 and offers variable spreads from zero pips on forex pairs with a commission of $3.5 per side per lot. The Invest account has a minimum deposit requirement of $500 and offers investing in shares and ETFs with an $8 flat brokerage fee per trade and HIN ownership. Markets.com has two account types: Retail and Professional. The Retail account has no minimum deposit requirement and offers fixed or variable spreads depending on the instrument with leverage up to 1:30. The Professional account has a minimum deposit requirement of $10,000 and offers fixed or variable spreads depending on the instrument with leverage up to 1:300.
- Trading Platforms: ThinkMarkets offers three trading platforms: ThinkTrader, MT4 and MT5. ThinkTrader is a proprietary platform that has an intuitive design, easy trade management, powerful analytical tools and a consistent trading experience across mobile, desktop and web devices. MT4 is an established platform that has high-end service, ultra-fast execution, institutional-quality apps and indicators and a variety of instruments across several markets. MT5 is an upgraded platform that has more technical indicators, timeframes, strategy tester, economic calendar and a larger number of instruments than MT4. Markets.com offers two trading platforms: Marketsx and Marketsi. Marketsx is a proprietary platform that has low spreads, lightning-fast execution, expert market insights and a range of tools such as advanced charts, sentiment indicators, signals and alerts. Marketsi is an investing platform that has access to over 9,000 shares and ETFs, smart portfolio management, market research and analysis and a range of tools such as stock screener, analyst consensus and financial statements.
- Analytical Tools: ThinkMarkets provides various tools such as Autochartist, Trading Central, Economic Calendar, Market News, Trading Guides and Expert Insights. Markets.com provides various tools such as Marketsx Tools, Marketsi Tools, Economic Calendar, Market News, Webinars and eBooks.
