Abshire Smith vs ThinkMarkets, Who's Better?
Read our In-Depth Abshire Smith vs ThinkMarkets Review - for 2024
Our review comparing Abshire Smith and ThinkMarkets has been refreshed for 2024 from seasoned professionals boasting considerable financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of Abshire Smith vs ThinkMarkets does not apply to all countries as follows:
Abshire Smith Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
ThinkMarkets Excluded Countries
United States of America, Canada, Russian Federation, and Belgium.
Compare Abshire Smith vs ThinkMarkets
Each online trading platforms will have some advantages and disadvantages, and a complete review of Abshire Smith and ThinkMarkets would not be complete without having an objective perspective.
Compare ThinkMarkets and Abshire Smith to understand the way these platforms line up to one another prior to you make an account. Performing a side-by-side comparison can place factors into perspective so that you're informed about what to expect.
So you are looking for a professional broker and are choosing between Abshire Smith or ThinkMarkets. Which one is best in 2024?
This Abshire Smith vs ThinkMarkets comparison contains the latest information so you can easily compare ThinkMarkets against Abshire Smith.
If you are a new entrant in the realm of trading and brokerages, so many facts will be perplexing for you. Getting into the area of trading requires expert assessing skills and comprehensive understanding. You'll get proficient at all of the concepts of broker as you continue trading. For starters, you have to select the right agent who'll be clear with you always.
In this fast-paced world of stock markets and trading, you'll need guidance to make correct decisions. A professionally direct investment program has the potential to generate hefty returns. Abshire Smith and ThinkMarkets are just two such platforms which will take you along with your investment to great heights. It is important that you compare Abshire Smith vs ThinkMarkets before you trust them with your money.
Our Abshire Smith vs ThinkMarkets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Abshire Smith and ThinkMarkets side by side.
Our full Abshire Smith vs ThinkMarkets Review covers all you will need to know about trading using either Abshire Smith or ThinkMarkets. A fantastic agent can multiply your first investments and give you favorable profits. If you want to earn profits, you should trade with a broker service that contrasts with your investing goals.
There is no sure-fire method to guarantee profits; therefore, you should carefully analyze your agent before you select them. It is a common misconception that all agents are exactly the same, but that is not correct. Wrong judgment, initially, can put your investments in danger.
Abshire Smith and ThinkMarkets are both brokers that have paved their way successfully to the broker world. Within this review, we have attempted to collate some of the important facets of both Abshire Smith and ThinkMarkets. This review can allow you to know whether either ThinkMarkets or Abshire Smith is a good fit for your investments or not. We've attempted to breakdown all of the features and charges for your advantage.
Benefits of Abshire Smith and ThinkMarkets Compared
Abshire Smith offers a minimum deposit of $500 while ThinkMarkets has a $0 minimum deposit.
Why smaller minimum deposits are good and how Abshire Smith and ThinkMarkets compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
Abshire Smith allows you to trade around 22 financial instruments whilst ThinkMarkets allows you to trade around 22 financial instruments available.
The more financial instruments you can trade on the Abshire Smith and ThinkMarkets platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you should never want to miss out on a trading opportunity due to the limitations of Abshire Smith or ThinkMarkets.
Abshire Smith and ThinkMarkets Contact Details
Being able to contact your broker simply is a sign of a professional broker. Abshire Smith and ThinkMarkets have the following contact details and social medias that you can use.
Broker | Abshire Smith | ThinkMarkets |
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Telephone Number | Australia: +61 3 9093 3400 <br>UK: +44 203 514 2374 <br>Italy: +39 023 057 9033 <br>Spain: +34 911829975 | |
support@thinkmarkets.com | ||
Address | Level 18, 357 Collins St, Melbourne, Victoria 3000, Australia <br /><br/>Hana, 4th Floor, 70 St Mary Axe, London EC3A 8BE, United Kingdom | |
Abshire Smith Twitter Account | ThinkMarkets Twitter Account | |
Abshire Smith Facebook Page | ThinkMarkets Facebook Page | |
Abshire Smith Instagram Account | ThinkMarkets Instagram Account | |
Abshire Smith LinkedIn Page | ThinkMarkets LinkedIn Page | |
YouTube | Abshire Smith YouTube Channel | ThinkMarkets YouTube Channel |
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ThinkMarkets and Abshire Smith Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
This part of comparing Abshire Smith and ThinkMarkets will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of both apps as better than average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
Abshire Smith vs ThinkMarkets - Awards
Broker | Abshire Smith | ThinkMarkets |
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Awards | At the time of writing this Abshire Smith review, and despite Abshire Smith’s impressive offering, the company has surprisingly not garnered any awards to date. |
ThinkMarkets have won a lot of industry awards over the time they have been running as an online trading platform. We list the most notable awards for ThinkMarkets below.
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Abshire Smith vs ThinkMarkets - Frequently Asked Questions
Abshire Smith vs ThinkMarkets - Headquarters And Year Of Founding
Abshire Smith was founded in 1997 and has its headquaters in United kingdom.
ThinkMarkets was founded in 2010 and has its headquaters in Australia & United Kingdom.
What is the minimum deposit for ThinkMarkets or Abshire Smith
The minimum deposit for Abshire Smith is $500.
The minimum deposit for ThinkMarkets is $0.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Abshire Smith and ThinkMarkets are a good option.
Abshire Smith vs ThinkMarkets - Regulation And Licencing In More Detail
Abshire Smith is regulated by Financial Conduct Authority (FCA).
ThinkMarkets is regulated by the Japanese Financial Services Agency (JFSA) with license no. 0250, the Cyprus Securities and Exchange Commission (CySEC) with license no. 215/13, the Financial Conduct Authority (FCA 629628) in the UK, the Australian Securities and Investments Commission (ASIC 424700), the Financial Sector Conduct Authority (FSCA) in South Africa and the Financial Services Authority (FSA SD060) Seychelles. TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority, FRN 629628. TF GLobal Markets (Aust) Limited is the holder of Australian Financial Services Licence number 424700. TF GLobal Markets (South Africa) (Pty) Ltd is an authorised financial services provider (FSP No 49835). TF Global Markets Int Limited is authorised and regulated by the Financial Services Authority, Firm Reference Number SD060 Seychelles .
Both Abshire Smith and ThinkMarkets have a powerful set of rules for ensuring fair trading onto their platforms. For information encryption purposes, they supply industry-standard secure socket layers (SSL).
As per their individual privacy policies, client information is to not be shared with any other institutions or individuals. Including credit history and other financial information.
Compare Abshire Smith vs ThinkMarkets Commission And Fees
Abshire Smith and ThinkMarkets are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the businesses of online trading platforms are scaled better. That is, an internet broker isn't necessarily affected by the number of clients they have.
But this does not necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for various services to earn money. There are mainly 3 different types of fees for this objective.
The first kind of charges to look out for are trading fees. When you make a genuine trade, like purchasing a stock or an ETF, you're charged trading charges. In such cases, you're paying a spread, financing speed, or a commission. The kinds of trading fees and the rates differ from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the flip side, a spread refers to the difference between the buying and selling cost. Funding or overnight rates are those who are charged when you maintain a leveraged position for longer than daily.
Apart from trading charges, online brokers also bill non-trading fees. These are dependent on the actions you undertake on your account. They're billed for operations like depositing cash, not investing for lengthy periods, or withdrawals.
In general, neither Abshire Smith or ThinkMarkets charge high fees compared to other online agents. For operations other agents fee for, they do not charge a brokerage fee, or they charge a smaller amount. This is beneficial for people who often trade, such as weekly or daily trading.
However, non-trading fees billed by Abshire Smith and ThinkMarkets are comparatively greater. Consequently, you are charged more for non-trading actions on your trading accounts, such as deposits and withdrawal. These are not related to the sale and purchase of assets.
This Abshire Smith vs ThinkMarkets review for 2024 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For Abshire Smith And ThinkMarkets
What Languages Do Abshire Smith And ThinkMarkets Support?
Being able to chat easily with your trading broker is a key element when comparing brokers to find your perfect trading partner. Not only for support but to ensure you understand everything on their site and inside their app as it is a key part of success when trading forex.
Here you will find the languages that both Abshire Smith and ThinkMarkets support.
How Many Clients Do Abshire Smith and ThinkMarkets Have?
Both Abshire Smith and ThinkMarkets are well established with their customer base. It is important to work with a broker you can trust and one of the easiest ways of understanding this is by knowing how many clients are using their services.
Below you will find details of how many customers Abshire Smith and ThinkMarkets are active on their platform
Broker | Abshire Smith | ThinkMarkets |
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Clients / Users | 10,000+ | 475,000+ |
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What Payment Methods Do Abshire Smith and ThinkMarkets Accept?
Abshire Smith and ThinkMarkets both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at Abshire Smith and ThinkMarkets
What Can You Trade With Abshire Smith and ThinkMarkets?
Abshire Smith offers 22 trading instruments whilst ThinkMarkets offers 3500.
Below you will find a full breakdown of what both Abshire Smith and ThinkMarkets offer.
Abshire Smith Review
Abshire Smith vs ThinkMarkets:
Table Of Contents
- Compare Abshire Smith vs ThinkMarkets
- Benefits of Abshire Smith and ThinkMarkets Compared
- ThinkMarkets and Abshire Smith Mobile App Comparison
- Abshire Smith vs ThinkMarkets - Awards
- Abshire Smith vs ThinkMarkets - Frequently Asked Questions
- What is the minimum deposit for ThinkMarkets or Abshire Smith
- Abshire Smith vs ThinkMarkets - Regulation And Licencing In More Detail
- Compare Broker Fees For Abshire Smith And ThinkMarkets
- What Languages Do Abshire Smith And ThinkMarkets Support?
- How Many Clients Do Abshire Smith and ThinkMarkets Have?
- What Payment Methods Do Abshire Smith and ThinkMarkets Accept?
- What Can You Trade With Abshire Smith and ThinkMarkets?