This comparison guide aids users that battle to choose between Swissquote and ThinkMarkets to discover the most effective online broker for their trading and investment demands. It evaluates the main features of the two brokers side by side to aid customers compare their service and make an educated choice.
To aid customers choose the best broker in between Swissquote and ThinkMarkets to find the best-suited system, listed below is a listing of broker’s advantages and disadvantages, adhered to by a contrast of their major trading features, consisting of trading platforms & devices, fees, mobile trading, deposit & withdrawal, possessions, policy, and client support.
Swissquote vs. ThinkMarkets: Summary
Swissquote is a low risk forex and CFD online broker, regulated by 4 top-tier financial regulators. It is a great choice for traders who are looking for high quality research, daily market updates, a great variety of tradable assets and account security on a Swiss bank.
Their Advance Trader proprietary trading platform suite is available as desktop, web and mobile version. Together with the MetaTrader platform suite, it delivers an excellent trading experience for traders and investors at all levels. Minimum deposit is $1000 and trading fees are above industry average. Swissquote operates a bank.
Choose Swissquote if you are looking to trade physical cryptos with a highly trusted online broker that also offers great banking services.
ThinkMarkets is an online forex and CFD broker founded in 2010. It is regulated by 5 tier-one regulators, including the FCA, ASIC and MiFID. Users can trade on 3,500 financial instruments, including forex and CFDs on stocks, precious metals, indices, commodities, and cryptocurrencies. Their trading platforms include a proprietary platform (ThinkTrader), MetaTrader 4, and MetaTrader 5.
ThinkMarkets trading fees are average compared to other similar brokers from the industry. They charge 0% commission on stocks and CFDs and spreads from 0.4 pips (EUR/USD). ThinkMarkets also charges inactivity fees of $25/month.
ThinkMarket’s customer support is available through email (support@thinkmarkets.com), phone (+357 252 62149), and live chat in Arabic and English.
Pros
- Great choice of trading instruments offered
- Very good research and education
- Great For Mobile Trading
Cons
- Few deposit and withdrawal option
Pros
- Low minimum deposit ($0)
- Commission-free stock and CFD trading and $0,25 futures contracts
- MT4 and MT5 integration
- Wide range of educational materials
- Islamic swap-free, and zero spread accounts
Cons
- Spreads on forex are relatively high compared to other brokers
- Inactivity fees
Key features
- Access to 3,000 + financial instruments
- Full MetaTrader Integration (MT4, MT5 and Advanced Trader)
- Wide range of advanced trading tools and features
- No inactivity fees
- Algorithmic trading availability
Key features
- Commission-free stock and CFD trading (3,500+ assets)
- Compatible with the full MetaTrader suite (4 & 5)
- Regulated by multiple bodies (FCA, ASIC, FSCA, FSA, CySEC, and JFSA)
- Wide range of educational resources available
- Free VPS Server access
Swissquote vs. ThinkMarkets Comparison
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Swissquote
84.5% of retail investor accounts lose money when trading CFDs with this provider.
ThinkMarkets
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 1:400 | 2000:1 |
| MetaTrader 4 (MT4) | ||
| MetaTrader 5 (MT5) | ||
| Mobile Version | ||
| Mutual Fund Management | ||
| Proprietary Platform | ||
| Social/Copy Trading | ||
| Trading Alerts | ||
| Trading signals | ||
| Watchlist | ||
| Web Version |
Fees
| Withdrawal Fee | $10 | 0 |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | 0 | 0 |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | 0 | 0 |
| Forex (EUR/USD) | 1.6 pips | 1.1 |
| Stocks & ETF | $9 | 0 |
| CFD (Gold) | 5.37 pips | 1.9 |
| Crypto | 0.50% | 0 |
| Options | $1.49 per contract | 0 |
| Conversion Fees | 0 | 0 |
| Misc. Fees | 0 | 0 |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | 0 | $0.00 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 60 | 0 |
| ETF & Funds | 9000 | 0 |
| Crypto | 26 | 0 |
| Commodities | 0 | 0 |
| Indices | 0 | 0 |
| Options | 6 | 0 |
| Futures | 6 | 0 |
| Bonds | 53000 | 0 |
| Forex Instruments | 80 | 48 |
| CFD Indices & Funds | 26 | 381 |
| CFD Stocks | 0 | 3548 |
| CFD Commodities | 12 | 15 |
| CFD Crypto | 12 | 27 |
| CFD Bonds | 3 | 0 |
| Binary Options | 0 | 0 |
| SWAPS | 0 | 0 |
| Saving Plans | 0 | 0 |
Research & Education
| Webinars | ||
| Educational Resources | ||
| Daily News Updates | ||
| Market Indepth Analysis | ||
| Pers. Training & Room | ||
| Market Research |
Customer Support
| Phone | ||
| Live Chat | ||
| 24/7 support | ||
| Multilingual | ||
| Personal Account Manager |
Winner
Swissquote vs. ThinkMarkets Comparison Conclusion
The results of our comparison of Swissquote vs. ThinkMarkets are involved the table below.
| Broker: | Best For: |
| Swissquote | Investors |
| ThinkMarkets | Forex and CFDs on Stocks |
Picking the right selection between Swissquote and ThinkMarkets can be difficult. Both on the internet brokers have similarities yet differ concerning trading tools, systems & applications, law, down payment & withdrawals, and research study and education and learning. Selecting the very best broker depends on users’ trading & investment goals, private preferences, and experience level.
To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.