Compare ThinkMarkets vs MTrading
What is ThinkMarkets? What is MTrading?
ThinkMarkets is an award-winning online broker that was established in 2010 and is regulated by the FCA, ASIC, FSCA, and FSA.
MTrading is a global online broker that was founded in 2014 and is regulated by the IFSC. Both brokers offer CFD and crypto trading, but ThinkMarkets also provides share trading and investing services.
ThinkMarkets vs MTrading Regulation Comparison
ThinkMarkets and MTrading have different regulatory statuses in different regions. ThinkMarkets is authorized to operate in the UK, Australia, South Africa, Japan, and other countries.
MTrading is mainly focused on the Asian market and has a license from Belize. Both brokers claim to offer negative balance protection and segregated client funds, but ThinkMarkets has a higher level of credibility and reputation due to its multiple licenses and awards.
ThinkMarkets vs MTrading Trading Assets Comparison
ThinkMarkets and MTrading offer a wide range of trading assets, including forex, cryptocurrencies, indices, commodities, metals, and share CFDs. ThinkMarkets has over 4,000 instruments to choose from, while MTrading has over 3,000. ThinkMarkets also allows clients to invest in over 3,000 shares and ETFs with HIN ownership and low brokerage fees.
ThinkMarkets vs MTrading Trading Fees Comparison
ThinkMarkets and MTrading have different fee structures depending on the account type and platform chosen. ThinkMarkets offers three account types: Standard, ThinkZero, and Invest. The Standard account has no commission but higher spreads, while the ThinkZero account has lower spreads but charges a commission of $3.5 per side per lot. The Invest account has no commission but charges an $8 flat brokerage fee per trade for shares and ETFs. MTrading offers two account types: Standard and Pro. The Standard account has no commission but higher spreads, while the Pro account has lower spreads but charges a commission of $4 per side per lot. Both brokers also charge swap fees for holding positions overnight, as well as other fees such as inactivity fees or withdrawal fees.
ThinkMarkets vs MTrading Account Types Comparison
ThinkMarkets and MTrading have different account types that cater to different trading styles and preferences.
ThinkMarkets offers three account types: Standard, ThinkZero, and Invest. The Standard account is suitable for beginners and casual traders who want to trade with no commission and access to all instruments. The ThinkZero account is designed for experienced traders who want to trade with lower spreads and faster execution on the MT4 platform. The Invest account is ideal for investors who want to buy shares and ETFs with HIN ownership and low brokerage fees on the ThinkTrader platform.
MTrading offers two account types: Standard and Pro. The Standard account is suitable for traders who want to trade with no commission and access to all instruments on the MT4 platform. The Pro account is designed for traders who want to trade with lower spreads and faster execution on the MT5 platform.
ThinkMarkets vs MTrading Deposit Options Comparison
ThinkMarkets and MTrading have different deposit and withdrawal options that vary depending on the region and currency. ThinkMarkets accepts various payment methods such as bank cards, e-wallets, bank transfers, and local payment options.
MTrading also accepts various payment methods such as bank cards, e-wallets, bank transfers, local banks, and other methods. Both brokers claim to offer zero fee deposits and instant withdrawals, but some methods may incur fees or delays depending on the provider or intermediary.
ThinkMarkets vs MTrading Trading Platforms Comparison
ThinkMarkets and MTrading offer different trading platforms that are compatible with desktop, web, and mobile devices. ThinkMarkets offers three platforms: ThinkTrader, MetaTrader 4 (MT4), and MetaTrader 5 (MT5). ThinkTrader is a proprietary platform that has an intuitive design, powerful analytical tools, consistent trading experience across devices, and access to share trading and investing services. MT4 is an established platform that has high-end service, ultra-fast execution, institutional-quality apps and indicators, and access to CFD trading on various markets. MT5 is an upgraded platform that has more technical indicators, timeframes, improved strategy tester, built-in economic calendar, and access to CFD trading on various markets.
MTrading offers two platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). MT4 is an established platform that has high-end service, ultra-fast execution, institutional-quality apps and indicators, and access to CFD trading on various markets. MT5 is an upgraded platform that has more technical indicators, timeframes, improved strategy tester, built-in economic calendar, and access to CFD trading on various markets.
ThinkMarkets vs MTrading Analytical Tools Comparison
ThinkMarkets and MTrading offer different analytical tools that can help traders enhance their trading performance and decision making. ThinkMarkets provides various 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, signals, strategies), and ThinkPortal (a client area that allows traders to manage their accounts, funds, and preferences).
MTrading provides various tools such as Copy Trading (a fully automated platform that allows traders to copy the trades of the best masters and gain high returns), Partnership (a program that allows traders to create their own referral network and earn up to 60% revenue share), and Bonus (a promotion that offers up to 200% deposit bonus for increasing trading volume and profit).
ThinkMarkets vs MTrading. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker is an important decision that depends on your personal preferences, trading goals, and risk appetite. There is no definitive answer to which broker is better, as each one has its own advantages and disadvantages. ThinkMarkets and MTrading have many similarities and differences that may appeal to different types of traders. Ultimately, the best forex broker for you is the one that meets your expectations, requirements, and preferences.
