FreshForex vs ThinkMarkets, Who's Better?
Read our In-Depth FreshForex vs ThinkMarkets Review - 2024 Update
Our comprehensive analysis of FreshForex and ThinkMarkets has been updated to reflect any changes for 2024 from knowledgeable insiders boasting significant financial experience in Social Trading, Forex, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of FreshForex vs ThinkMarkets does not apply to all countries as follows:
FreshForex Excluded Countries
United States of America, United Kingdom, Russian Federation, and France.
ThinkMarkets Excluded Countries
United States of America, Canada, Russian Federation, and Belgium.
Compare FreshForex vs ThinkMarkets
Each trading platforms has some pros and cons, so any comprehensive review of FreshForex and ThinkMarkets would not be regarded as thorough without having a fair assessment.
Examine ThinkMarkets and FreshForex in order to understand the way these platforms compare with one another before you make an account. Performing a comprehensive comparison will put things in perspective so that you're informed about what you should anticipate.
So you are looking for a broker and are choosing between FreshForex or ThinkMarkets. Who should you choose?
This FreshForex vs ThinkMarkets comparison contains the most recent information so you can easily compare ThinkMarkets against FreshForex.
If you are a new entrant in the world of trading and brokerages, so many nuances will be perplexing for you. Getting into the world of trading requires expert analyzing skills and thorough knowledge. You'll get proficient at all of the concepts of broker since you keep trading. For starters, you have to select the right broker who will be transparent with you always.
In this fast-paced universe of stock markets and trading, you'll need guidance to make proper decisions. A professionally direct investment plan has the potential to create hefty returns. FreshForex and ThinkMarkets are two such companies that will take you along with your investment into great heights. It is crucial to compare FreshForex vs ThinkMarkets until you trust them with your cash.
Our FreshForex vs ThinkMarkets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust FreshForex and ThinkMarkets side by side.
Our full FreshForex vs ThinkMarkets Review covers everything you will need to learn about trading with either FreshForex or ThinkMarkets. A fantastic agent can multiply your first investments and provide you positive profits. If you want to make profits, you must trade with a broker service that contrasts with your investing objectives.
There's absolutely no sure-fire way to guarantee profits; thus, you must carefully analyze your broker before you select them. It's a common misconception that all brokers will be the same, but that is not correct. Wrong judgment, initially, can put your investments at risk.
FreshForex and ThinkMarkets are both brokers which have forged their way successfully to the brokerage world. In this review, we've attempted to collate some of the important facets of both FreshForex and ThinkMarkets. This review can help you to understand whether either ThinkMarkets or FreshForex is a good match for your investments or not. We've tried to breakdown all of the features and charges for your advantage.
Benefits of FreshForex and ThinkMarkets Compared
FreshForex has a minimum deposit of $1 while ThinkMarkets offers a $0 minimum deposit.
Why smaller minimum deposits are good and how FreshForex 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.
FreshForex has around 144 financial instruments while ThinkMarkets allows you to trade around 144 financial instruments available.
The more instruments you can trade on the FreshForex 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 FreshForex or ThinkMarkets.
FreshForex and ThinkMarkets Contact Details
Being able to contact an online trading platform easily is important. FreshForex and ThinkMarkets have the following contact details and social medias that you can use.
Broker | FreshForex | ThinkMarkets |
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Telephone Number | +44 207 099 2124 | Australia: +61 3 9093 3400 <br>UK: +44 203 514 2374 <br>Italy: +39 023 057 9033 <br>Spain: +34 911829975 |
info@freshforex.com | support@thinkmarkets.com | |
Address | Suite 305 Griffith Corporate Centre, Beachmont P.O. Box 1510, Kingstown, St. Vincent and the Grenadines | Level 18, 357 Collins St, Melbourne, Victoria 3000, Australia <br /><br/>Hana, 4th Floor, 70 St Mary Axe, London EC3A 8BE, United Kingdom |
FreshForex Twitter Account | ThinkMarkets Twitter Account | |
FreshForex Facebook Page | ThinkMarkets Facebook Page | |
FreshForex Instagram Account | ThinkMarkets Instagram Account | |
FreshForex LinkedIn Page | ThinkMarkets LinkedIn Page | |
YouTube | FreshForex YouTube Channel | ThinkMarkets YouTube Channel |
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ThinkMarkets and FreshForex 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.
In this part of our comparison of FreshForex and ThinkMarkets we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of the apps as better than 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. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin 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?
FreshForex vs ThinkMarkets - Awards
Broker | FreshForex | ThinkMarkets |
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Awards |
FreshForex have won numerous industry awards over the years they have been running as an online trading platform. We show the most notable awards for FreshForex below.
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ThinkMarkets have won many industry awards over the years they have been running as an online broker. We show the most recognised awards for ThinkMarkets below.
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Find Out More |
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FreshForex vs ThinkMarkets - Frequently Asked Questions
FreshForex vs ThinkMarkets - Headquarters And Year Of Founding
FreshForex was founded in 2004 and has its headquaters in Russia.
ThinkMarkets was founded in 2010 and has its head office in Australia & United Kingdom.
What is the minimum deposit for ThinkMarkets or FreshForex
The minimum deposit for FreshForex is $1.
The minimum deposit for ThinkMarkets is $0.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both FreshForex and ThinkMarkets are a good option.
FreshForex vs ThinkMarkets - Regulation And Licencing In More Detail
FreshForex is regulated by SVGFSA 20623 IBC 2012.
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 FreshForex and ThinkMarkets have a powerful set of rules for ensuring fair trading on their individual platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).
In accordance with their privacy policies, customer data is to not be shared with any other institutions or individuals. Including credit history and other financial information.
Compare FreshForex vs ThinkMarkets Commission And Fees
FreshForex and ThinkMarkets are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the companies of online trading platforms are scaled much better. That is, an online broker is not necessarily influenced by the number of customers they have.
However, this doesn't necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to make money. There are mainly three types of fees for this objective.
The first sort of fees to keep an eye out for are trading charges. When you make a genuine trade, like buying a stock or an ETF, you are charged trading fees. In such cases, you are paying a spread, funding rate, or even a commission. The sorts of trading fees and the rates vary from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the flip side, a spread denotes the gap between the buying and selling cost. Financing or overnight rates are people that are billed when you hold a leveraged position for longer than a day.
Apart from trading charges, online agents also bill non-trading fees. These are determined by the activities you undertake in your account. They're charged for surgeries like depositing cash, not trading for lengthy periods, or withdrawals.
Generally, neither FreshForex or ThinkMarkets charge high fees compared to other online brokers. For operations other brokers charge for, they either do not charge a brokerage fee, or they charge a lesser sum. This can be beneficial for people who often exchange, for example weekly or daily trading.
However, non-trading fees charged by FreshForex and ThinkMarkets are relatively greater. As a result, you're billed more for non-trading actions on your trading account, such as deposits and withdrawal. These aren't related to the purchase and sale of assets.
This FreshForex vs ThinkMarkets review for 2024 breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees For FreshForex And ThinkMarkets
What Languages Do FreshForex And ThinkMarkets Support?
Being able to talk easily with your trading platform is a key element when comparing brokers to find the best trading partner. Not only for support but to be sure you understand everything on their site and inside their app as it is a key factor to success when trading online.
Here you can find the languages that both FreshForex and ThinkMarkets offer communication in.
How Many Clients Do FreshForex and ThinkMarkets Have?
Both FreshForex and ThinkMarkets are well established with their customer base. It is important to work with a broker that is professional and one of the most simple ways of establishing this is by knowing how many clients are using their services.
Below you will find details of how many clients FreshForex and ThinkMarkets have
What Payment Methods Do FreshForex and ThinkMarkets Accept?
FreshForex 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 FreshForex and ThinkMarkets
What Can You Trade With FreshForex and ThinkMarkets?
FreshForex offers 144 trading instruments and ThinkMarkets offers 3500.
Below you will find a full breakdown of what both FreshForex and ThinkMarkets offer.
FreshForex Review
FreshForex vs ThinkMarkets:
Table Of Contents
- Compare FreshForex vs ThinkMarkets
- Benefits of FreshForex and ThinkMarkets Compared
- ThinkMarkets and FreshForex Mobile App Comparison
- FreshForex vs ThinkMarkets - Awards
- FreshForex vs ThinkMarkets - Frequently Asked Questions
- What is the minimum deposit for ThinkMarkets or FreshForex
- FreshForex vs ThinkMarkets - Regulation And Licencing In More Detail
- Compare Broker Fees For FreshForex And ThinkMarkets
- What Languages Do FreshForex And ThinkMarkets Support?
- How Many Clients Do FreshForex and ThinkMarkets Have?
- What Payment Methods Do FreshForex and ThinkMarkets Accept?
- What Can You Trade With FreshForex and ThinkMarkets?