FX Primus vs ThinkMarkets, 2024 Update

Compare FX Primus vs ThinkMarkets

All online trading platforms feature a few pros and cons, and any comprehensive review of FX Primus and ThinkMarkets should not be complete without having an objective perspective.

Examine ThinkMarkets and FX Primus to get a better understanding of the way these platforms line up to one another prior to you create an account. A comprehensive comparison will bring aspects in perspective so that you remain cognizant of the expectations.

So you are looking for an online trading platform and are choosing between FX Primus or ThinkMarkets. Who is better in 2024?

This FX Primus vs ThinkMarkets comparison contains the most recent information so you can easily compare ThinkMarkets against FX Primus.

If you're a new entrant in the realm of trading and brokerages, so many details will be perplexing for you. Getting into the area of trading demands expert analyzing skills and thorough knowledge. You will get proficient at all the concepts of broker as you keep trading. For starters, you need to choose the ideal agent who will be transparent with you constantly.

Within this fast-paced universe of stock markets and trading, you will need guidance to make proper decisions. A professionally direct investment plan has the potential to generate hefty returns. FX Primus and ThinkMarkets are just two such trading platforms which will take you and your investment to great heights. It's crucial to compare FX Primus vs ThinkMarkets before you trust them with your money.

Our FX Primus vs ThinkMarkets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust FX Primus and ThinkMarkets side by side.

Our full FX Primus vs ThinkMarkets Review covers everything you will need to know about trading using either FX Primus or ThinkMarkets. A good broker can multiply your initial investments and provide you positive profits. If you want to earn profits, you must trade with a brokerage service that contrasts with your investing goals.

There is no sure-fire method to guarantee profits; therefore, you must carefully analyze your agent before you choose them. It's a frequent misconception that all brokers will be exactly the same, but that is not true. Wrong judgment, in the beginning, can put your investments in danger.

FX Primus and ThinkMarkets are both brokers which have forged their way successfully to the broker world. In this review, we have tried to collate some of the important facets of both FX Primus and ThinkMarkets. This review will allow you to understand whether either ThinkMarkets or FX Primus is a good fit for your own investments or not. We have attempted to breakdown all the qualities and charges for your convenience.

Benefits of FX Primus and ThinkMarkets Compared

FX Primus offers a minimum deposit of $100 while ThinkMarkets has a $0 minimum deposit.

Why smaller minimum deposits are good and how FX Primus 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.

FX Primus allows you to trade around 100 financial instruments while ThinkMarkets allows you to trade around 100 on their platform.

The more instruments you can trade on the FX Primus 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 never want to miss out on a trading opportunity due to the limitations of FX Primus or ThinkMarkets.

FX Primus and ThinkMarkets Contact Details

Being able to contact a broker through many ways is important. FX Primus and ThinkMarkets have the following contact details and social medias that you can use.

ThinkMarkets and FX Primus 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 FX Primus and ThinkMarkets will examine whether their mobile app meets all our requirements.

Overall, we rate the user-friendliness of the apps as Better than the average.

It is important that any trading app has user friendly capabilities especially with the

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?

FX Primus vs ThinkMarkets - Awards

FX Primus vs ThinkMarkets - Frequently Asked Questions

FX Primus vs ThinkMarkets - Headquarters And Year Of Founding

FX Primus was founded in 2009 and has its head office in Cyprus.

ThinkMarkets was founded in 2010 and has its head office in Australia & United Kingdom.

What is the minimum deposit for ThinkMarkets or FX Primus

The minimum deposit for FX Primus is $100.

The minimum deposit for ThinkMarkets is $0.

Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both FX Primus and ThinkMarkets are a good option.

FX Primus vs ThinkMarkets - Regulation And Licencing In More Detail

FX Primus is regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID).

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 FX Primus and ThinkMarkets have a strong collection of rules for ensuring honest trading on their own platforms. For information encryption purposes, they supply industry-standard secure socket layers (SSL).

In accordance with their privacy regulations, client information is to not be shared with any other institutions or individuals. This includes credit history and other financial information.

Compare FX Primus vs ThinkMarkets Commission And Fees

FX Primus and ThinkMarkets are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the companies of online trading platforms are scaled better. That is, an online broker is not necessarily affected by the number of clients they have.

However, this does not necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for various services to earn money. There are mainly three types of fees for this objective.

The first sort of charges to keep an eye out for are trading charges. When you make an actual trade, like buying a stock or an ETF, you're charged trading charges. In such cases, you're paying a spread, financing speed, or even a commission. The kinds of trading fees and the prices vary from broker to broker.

Commissions could be fixed or determined by the traded volume. On the other hand, a spread denotes the gap between the buying and selling cost. Financing or overnight rates are those that are charged when you maintain a leveraged position for longer than daily.

Apart from trading fees, online brokers also charge non-trading fees. These are determined by the actions you undertake in your accounts. They're charged for surgeries like depositing money, not investing for long periods, or withdrawals.

In general, neither FX Primus or ThinkMarkets charge high fees compared to other online agents. For operations other agents charge for, they either do not charge a brokerage fee, or they charge a smaller amount. This can be beneficial for people who often exchange, for example weekly or daily trading.

But, non-trading fees billed by FX Primus and ThinkMarkets are comparatively competitive. As a result, you are charged more for non-trading actions in your trading account, such as withdrawal and deposits. These are not about the sale and purchase of resources.

This FX Primus vs ThinkMarkets review for 2024 breaks down each of the applicable non-trading charges for you in detail.

Compare Broker Fees For FX Primus And ThinkMarkets

What Languages Do FX Primus And ThinkMarkets Support?

Being able to chat easily with your trading platform is a key way of comparing trading platforms to find the best trading partner. Not only for support but to ensure you understand everything on their website and inside their app as it is a key factor to success when trading forex.

Below you will find the languages that both FX Primus and ThinkMarkets support.

How Many Clients Do FX Primus and ThinkMarkets Have?

Both FX Primus and ThinkMarkets are well established with their customer base. It is really important to work with an online broker that is reputable and one of the easiest ways of understanding this is by knowing how many customers are using their services.

Below you will find details of how many customers FX Primus and ThinkMarkets have

What Payment Methods Do FX Primus and ThinkMarkets Accept?

FX Primus 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 FX Primus and ThinkMarkets

What Can You Trade With FX Primus and ThinkMarkets?

FX Primus offers 100 trading instruments while ThinkMarkets offers 3500.

Below you will find a full breakdown of what both FX Primus and ThinkMarkets offer.