ThinkMarkets vs ATFX, Who's The Best?
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ThinkMarkets Rating: 8.03 / 10 |
ATFX Rating: 4.23 / 10 |
71.89% of retail investor accounts lose money when trading CFDs with this provider. |
Your capital is at risk |
ThinkMarkets vs ATFX Guide |
Read our In-Depth ThinkMarkets vs ATFX Review - Updated for 2022
This ThinkMarkets vs ATFX review has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this ThinkMarkets vs ATFX review does not apply to all countries as follows:
ThinkMarkets Excluded Countries
United States of America, Canada, Russian Federation, and Belgium.
ATFX Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
So you are looking for a reputable broker and are choosing between ThinkMarkets or ATFX. Who should you choose?
This ThinkMarkets vs ATFX review contains the most recent information so you can easily compare ATFX against ThinkMarkets.
If you are a new entrant in the realm of trading and brokers, so many facts will be perplexing for you. Getting into the area of trading demands expert analyzing skills and comprehensive knowledge. You'll acquire adept at all the concepts of brokerage since you continue trading. For starters, you need to select the ideal agent who'll be clear with you always.
Within this fast-paced world of stock markets and trading, you'll need guidance to make proper decisions. A professionally lead investment program has the potential to create hefty returns. ThinkMarkets and ATFX are just two such trading platforms which will take you and your investment into great heights. It's crucial that you compare ThinkMarkets vs ATFX until you trust them with your money.
Our ThinkMarkets vs ATFX comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust ThinkMarkets and ATFX side by side.
Our full ThinkMarkets vs ATFX Review covers everything you will need to learn about trading with either ThinkMarkets or ATFX. A good broker can multiply your initial investments and provide you positive profits. If you would like to make profits, you must trade with a broker service that contrasts with your investment goals.
There's absolutely no sure-fire way to guarantee profits; thus, you should carefully analyze your agent before you choose them. It's a frequent 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.
ThinkMarkets and ATFX are both brokers which have forged their way successfully into the broker world. Within this review, we have attempted to collate a number of the important facets of both ThinkMarkets and ATFX. This review will allow you to understand whether either ATFX or ThinkMarkets is a fantastic fit for your own investments or not. We've tried to breakdown all the qualities and charges for your convenience.
Compare ThinkMarkets vs ATFX
Every online trading system has some pros and cons, and no ThinkMarkets and ATFX review would be complete without showing both sides. Compare ThinkMarkets and ATFX to understand how they line up against each other before you open an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
Benefits of ThinkMarkets and ATFX Compared
ThinkMarkets offers a minimum deposit of $0 while ATFX has a $100 minimum deposit.
Why smaller minimum deposits are good and how ThinkMarkets and ATFX 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.
ThinkMarkets has around 1500 financial instruments whilst ATFX has around 1500 financial instruments available.
The more instruments you can trade on the ThinkMarkets and ATFX 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 ThinkMarkets or ATFX.
ThinkMarkets and ATFX Contact Details
Being able to contact a broker through many ways is a sign of a professional broker. ThinkMarkets and ATFX have the following contact details and social medias that you can use.
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Broker | ThinkMarkets | ATFX |
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 | |
ThinkMarkets Twitter Account | ATFX Twitter Account | |
ThinkMarkets Facebook Page | ATFX Facebook Page | |
ThinkMarkets Instagram Account | ATFX Instagram Account | |
ThinkMarkets LinkedIn Page | ATFX LinkedIn Page | |
YouTube | ThinkMarkets YouTube Channel | ATFX YouTube Channel |
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ATFX and ThinkMarkets 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 ThinkMarkets and ATFX will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of both 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 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?
ThinkMarkets vs ATFX - Awards
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Broker | ThinkMarkets | ATFX |
Awards |
ThinkMarkets have won several industry awards over the years they have been running as an online trading platform. We detail the most notable awards for ThinkMarkets here.
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At the time of writing this ATFX review, and despite ATFX’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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ThinkMarkets vs ATFX - Frequently Asked Questions
ThinkMarkets vs ATFX - Headquarters And Year Of Founding
ThinkMarkets was founded in 2010 and has its head office in Australia & United Kingdom.
ATFX was founded in 2014 and has its head office in Cyprus.
What is the minimum deposit for ATFX or ThinkMarkets
The minimum deposit for ThinkMarkets is $0.
The minimum deposit for ATFX is $100.
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 ThinkMarkets and ATFX are a good choice.
ThinkMarkets vs ATFX - Regulation And Licencing In More Detail
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 .
ATFX is regulated by Cyprus Securities and Exchange Commission (CySEC).
Both ThinkMarkets and ATFX have a powerful set of rules for ensuring honest trading onto their platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
As per their individual privacy policies, client data is to not be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare ThinkMarkets vs ATFX Commission And Fees
ThinkMarkets and ATFX are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the companies of online brokerages are scaled 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 don't charge any fees. They charge prices of varying rates for a variety of services to make money. There are primarily three different types of penalties for this purpose.
The first sort of charges to keep an eye out for are trading charges. Whenever you make an actual trade, like buying a stock or an ETF, you are charged trading fees. In such cases, you are paying a spread, financing rate, or even a commission. The kinds of trading charges and the prices vary from broker to broker.
Commissions could be fixed or determined by the traded volume. On the flip side, a spread refers to the difference between the buying and selling price. Funding or overnight rates are people who are billed when you hold a leveraged position for more than daily.
Aside from trading charges, online agents also bill non-trading fees. These are dependent on the actions you undertake in your account. They're billed for surgeries like depositing money, not investing for lengthy periods, or withdrawals.
Generally, neither ThinkMarkets or ATFX charge high fees compared to other online agents. For operations other agents charge for, they either do not charge a broker fee, or they charge a smaller sum. This can be beneficial for those who regularly trade, for example weekly or daily trading.
However, non-trading fees billed by ThinkMarkets and ATFX are relatively higher. As a result, you are charged more for non-trading activities in your trading accounts, such as withdrawal and deposits. These are not related to the sale and purchase of assets.
This ThinkMarkets vs ATFX review for 2022 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For ThinkMarkets And ATFX
What Languages Do ThinkMarkets And ATFX Support?
Being able to chat easily with your trading platform 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 forex.
Here you will find the languages that both ThinkMarkets and ATFX offer communication in.
How Many Clients Do ThinkMarkets and ATFX Have?
Both ThinkMarkets and ATFX are well established with their customer base. It is important to work with a broker that is professional and one of the easiest ways of understanding this is by knowing how many customers they already work with.
Below you will find details of how many customers ThinkMarkets and ATFX have
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Broker | ThinkMarkets | ATFX |
Clients / Users | 475,000+ | 10,000+ |
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What Payment Methods Do ThinkMarkets and ATFX Accept?
ThinkMarkets and ATFX 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 ThinkMarkets and ATFX
What Can You Trade With ThinkMarkets and ATFX?
ThinkMarkets offers 1500 trading instruments while ATFX offers 57.
Below you will find a full breakdown of what both ThinkMarkets and ATFX offer.
Compare ThinkMarkets To All Other Brokers
Compare ATFX To All Other Brokers
ThinkMarkets Review
ThinkMarkets vs ATFX:
Table Of Contents
- Compare ThinkMarkets vs ATFX
- Benefits of ThinkMarkets and ATFX Compared
- ATFX and ThinkMarkets Mobile App Comparison
- ThinkMarkets vs ATFX - Awards
- ThinkMarkets vs ATFX - Frequently Asked Questions
- What is the minimum deposit for ATFX or ThinkMarkets
- ThinkMarkets vs ATFX - Regulation And Licencing In More Detail
- Compare Broker Fees For ThinkMarkets And ATFX
- What Languages Do ThinkMarkets And ATFX Support?
- How Many Clients Do ThinkMarkets and ATFX Have?
- What Payment Methods Do ThinkMarkets and ATFX Accept?
- What Can You Trade With ThinkMarkets and ATFX?