Swissquote vs ThinkMarkets, Who's The Best?
Read our In-Depth Swissquote vs ThinkMarkets Review - Updated for 2024
Our Swissquote vs ThinkMarkets review has been updated for 2024 from seasoned professionals with considerable expertise across CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of Swissquote vs ThinkMarkets does not apply to all countries as follows:
Swissquote 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 Swissquote vs ThinkMarkets
Every trading platforms feature some ups and downs, and any comprehensive review of Swissquote and ThinkMarkets should not be complete without adopting an objective perspective.
Assess Swissquote and ThinkMarkets in order to understand how these platforms compare with each before you decide to create an account. Conducting a side-by-side comparison can place factors in perspective so that you're aware of what to expect.
So you are looking for an online trading platform and are choosing between Swissquote or ThinkMarkets. Who is better in 2024?
This Swissquote vs ThinkMarkets comparison contains the most recent information so you can easily compare ThinkMarkets against Swissquote.
If you're a new entrant in the realm of trading and brokers, so many facts will be perplexing for you. Getting into the world of trading requires expert analyzing skills and thorough understanding. You'll acquire proficient at all the concepts of broker as you keep trading. For starters, you need to select the right broker who'll be transparent with you always.
Within this fast-paced universe of stock markets and trading, you will need guidance to make proper decisions. A professionally lead investment plan has the potential to generate hefty returns. Swissquote and ThinkMarkets are two such platforms that will take you and your investment to great heights. It is important to compare Swissquote vs ThinkMarkets before you trust them with your money.
Our Swissquote vs ThinkMarkets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Swissquote and ThinkMarkets side by side.
Our entire Swissquote vs ThinkMarkets Review covers all you will need to learn about trading using either Swissquote or ThinkMarkets. A fantastic broker can multiply your initial investments and give you favorable profits. If you would like to make profits, you must trade with a broker service that contrasts with your investing goals.
There is no sure-fire way to ensure profits; thus, you must carefully analyze your agent before you select them. It's a common misconception that all agents will be exactly the same, but that is not true. Wrong judgment, in the beginning, can put your investments in danger.
Swissquote and ThinkMarkets are both brokers that have forged their way successfully to the brokerage world. In this review, we've tried to collate some of the important facets of both Swissquote and ThinkMarkets. This review can help you to know whether either ThinkMarkets or Swissquote is a fantastic match for your own investments or not. We have attempted to breakdown all of the qualities and fees for your advantage.
Benefits of Swissquote and ThinkMarkets Compared
Swissquote has a minimum deposit of $0 while ThinkMarkets has a $0 minimum deposit.
Why smaller minimum deposits are good and how Swissquote 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.
Swissquote 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 Swissquote and ThinkMarkets trading 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 seriously do not want to miss out on a trading opportunity due to the limitations of Swissquote or ThinkMarkets.
Swissquote and ThinkMarkets Contact Details
Being able to contact your broker simply is vital. Swissquote and ThinkMarkets have the following contact details and social medias that you can use.
Broker | Swissquote | ThinkMarkets |
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Telephone Number | +41 44 825 88 88 | 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 | Chemin de la Cr├®taux 33, Gland, Vaud 1196, Switzerland | Level 18, 357 Collins St, Melbourne, Victoria 3000, Australia <br /><br/>Hana, 4th Floor, 70 St Mary Axe, London EC3A 8BE, United Kingdom |
Swissquote Twitter Account | ThinkMarkets Twitter Account | |
Swissquote Facebook Page | ThinkMarkets Facebook Page | |
Swissquote Instagram Account | ThinkMarkets Instagram Account | |
Swissquote LinkedIn Page | ThinkMarkets LinkedIn Page | |
YouTube | Swissquote YouTube Channel | ThinkMarkets YouTube Channel |
Find Out More |
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ThinkMarkets and Swissquote Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
This part of comparing Swissquote 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 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 have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
Swissquote vs ThinkMarkets - Awards
Broker | Swissquote | ThinkMarkets |
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Awards |
Swissquote have won several industry awards over the time they have been running as a financial broker. We detail the most notable awards for Swissquote below.
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ThinkMarkets have won a lot of industry awards over the years they have been running as a financial broker. We show the most notable awards for ThinkMarkets below.
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Find Out More |
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Swissquote vs ThinkMarkets - Frequently Asked Questions
Swissquote vs ThinkMarkets - Headquarters And Year Of Founding
Swissquote was founded in 1999 and has its head office in Switzerland.
ThinkMarkets was founded in 2010 and has its head office in Australia & United Kingdom.
What is the minimum deposit for ThinkMarkets or Swissquote
The minimum deposit for Swissquote is $0.
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 Swissquote and ThinkMarkets are a good option.
Swissquote vs ThinkMarkets - Regulation And Licencing In More Detail
Swissquote 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 Swissquote and ThinkMarkets have a strong collection of rules for ensuring honest trading on their individual platforms. For information encryption functions, they supply industry-standard secure socket layers (SSL).
In accordance with their own privacy regulations, customer data is never to be shared with any other institutions or individuals. Including credit history and other financial details.
Compare Swissquote vs ThinkMarkets Commission And Fees
Swissquote and ThinkMarkets are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the companies of online brokerages are scaled much better. In other words, an internet broker is not necessarily affected by the number of clients they have.
However, this doesn't necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to earn money. There are primarily 3 types of fees for this purpose.
The first kind of charges to look out for are trading fees. When you make an actual trade, like buying a stock or an ETF, you're billed trading charges. In such instances, you're paying a spread, financing speed, or a commission. The sorts of trading charges and the rates differ from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the flip side, a spread refers to the difference between the buying and selling cost. Funding or overnight prices are people who are charged when you maintain a leveraged position for more than a day.
Aside from trading fees, online agents also bill non-trading fees. These are determined by the actions you undertake in your accounts. They are charged for operations like depositing money, not trading for lengthy periods, or withdrawals.
Generally, neither Swissquote or ThinkMarkets charge high fees in comparison to other online agents. For operations other agents fee for, they either do not charge a broker fee, or they charge a smaller amount. This can be beneficial for those who regularly trade, such as daily or weekly trading.
However, non-trading fees billed by Swissquote and ThinkMarkets are comparatively lower. As a result, you are billed more for non-trading activities on your trading accounts, such as withdrawal and deposits. These aren't related to the sale and purchase of resources.
This Swissquote vs ThinkMarkets review for 2024 breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees For Swissquote And ThinkMarkets
What Languages Do Swissquote And ThinkMarkets Support?
Being able to talk completely with your online broker is a key part of 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 part of success when trading online.
Below you can find the languages that both Swissquote and ThinkMarkets offer communication in.
How Many Clients Do Swissquote and ThinkMarkets Have?
Both Swissquote and ThinkMarkets are well established with their client base. It is really 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 they already work with.
Below you will find details of how many customers Swissquote and ThinkMarkets have
What Payment Methods Do Swissquote and ThinkMarkets Accept?
Swissquote 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 Swissquote and ThinkMarkets
What Can You Trade With Swissquote and ThinkMarkets?
Swissquote offers 100 trading instruments while ThinkMarkets offers 3500.
Below you will find a full breakdown of what both Swissquote and ThinkMarkets offer.
Swissquote Review
Swissquote vs ThinkMarkets:
Table Of Contents
- Compare Swissquote vs ThinkMarkets
- Benefits of Swissquote and ThinkMarkets Compared
- ThinkMarkets and Swissquote Mobile App Comparison
- Swissquote vs ThinkMarkets - Awards
- Swissquote vs ThinkMarkets - Frequently Asked Questions
- What is the minimum deposit for ThinkMarkets or Swissquote
- Swissquote vs ThinkMarkets - Regulation And Licencing In More Detail
- Compare Broker Fees For Swissquote And ThinkMarkets
- What Languages Do Swissquote And ThinkMarkets Support?
- How Many Clients Do Swissquote and ThinkMarkets Have?
- What Payment Methods Do Swissquote and ThinkMarkets Accept?
- What Can You Trade With Swissquote and ThinkMarkets?