ThinkMarkets vs AvaTrade, Updated for 2022
Read our In-Depth ThinkMarkets vs AvaTrade Review - for 2022
This ThinkMarkets vs AvaTrade 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 AvaTrade review does not apply to all countries as follows:
ThinkMarkets Excluded Countries
United States of America, Canada, Russian Federation, and Belgium.
AvaTrade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
So you are looking for an online trading platform and are choosing between ThinkMarkets or AvaTrade. Who should you choose?
This ThinkMarkets vs AvaTrade review contains the latest information so you can easily compare AvaTrade against ThinkMarkets.
If you're a new entrant in the realm of trading and brokerages, so many nuances will be confusing for you. Getting into the world of trading requires expert assessing skills and thorough understanding. You will acquire adept at all the concepts of broker as you keep trading. For starters, you need to select the right agent who'll be clear with you always.
Within this fast-paced world of stock markets and trading, you'll need guidance to make correct decisions. A professionally lead investment program has the potential to generate hefty returns. ThinkMarkets and AvaTrade are two such stages that will take you along with your investment to great heights. It's important that you compare ThinkMarkets vs AvaTrade before you trust them with your money.
Our ThinkMarkets vs AvaTrade comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust ThinkMarkets and AvaTrade side by side.
Our entire ThinkMarkets vs AvaTrade Review covers all you will need to learn about trading using either ThinkMarkets or AvaTrade. A good agent can multiply your initial investments and provide you positive profits. If you would like to make profits, you should trade with a broker service that contrasts with your investment goals.
There's absolutely no sure-fire method to ensure profits; therefore, you should carefully analyze your agent before you choose them. It's a frequent misconception that all agents are the same, but that is not true. Wrong judgment, in the beginning, can set your investments in danger.
ThinkMarkets and AvaTrade are both brokers which have found their way successfully to the broker world. In this review, we have attempted to collate a number of the important facets of both ThinkMarkets and AvaTrade. This review can allow you to understand whether either AvaTrade or ThinkMarkets is a good match for your investments or not. We've attempted to breakdown all the features and charges for your convenience.
Compare ThinkMarkets vs AvaTrade
Every online trading system has a few pros and cons, and no ThinkMarkets and AvaTrade review would be complete without showing both sides. Compare ThinkMarkets and AvaTrade to understand how they stack up against each other before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
Benefits of ThinkMarkets and AvaTrade Compared
ThinkMarkets has a minimum deposit of $0 while AvaTrade offers a $250 minimum deposit.
Why smaller minimum deposits are good and how ThinkMarkets and AvaTrade 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 AvaTrade allows you to trade around 1500 available.
The more instruments you can trade on the ThinkMarkets and AvaTrade 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 should never want to miss out on a trading opportunity due to the limitations of ThinkMarkets or AvaTrade.
ThinkMarkets and AvaTrade Contact Details
Being able to contact a broker easily is a sign of a professional broker. ThinkMarkets and AvaTrade have the following contact details and social medias that you can use.
|Telephone Number||Australia: +61 3 9093 3400 <br>UK: +44 203 514 2374 <br>Italy: +39 023 057 9033 <br>Spain: +34 911829975||+353 76 680 3327|
|Address||Level 18, 357 Collins St, Melbourne, Victoria 3000, Australia <br /><br/>Hana, 4th Floor, 70 St Mary Axe, London EC3A 8BE, United Kingdom||Ul. Postpu 15, Warsaw, Masovian Voivodeship 02-676, PL|
|ThinkMarkets Twitter Account||AvaTrade Twitter Account|
|ThinkMarkets Facebook Page||AvaTrade Facebook Page|
|ThinkMarkets Instagram Account||AvaTrade Instagram Account|
|ThinkMarkets LinkedIn Page||AvaTrade LinkedIn Page|
|YouTube||ThinkMarkets YouTube Channel||AvaTrade YouTube Channel|
|Find Out More||
AvaTrade 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.
In this part of our comparison of ThinkMarkets and AvaTrade we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of both apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
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?
ThinkMarkets vs AvaTrade - Awards
ThinkMarkets have won a lot of industry awards over the years they have been operating as a financial broker. We detail the most notable awards for ThinkMarkets here.
|At the time of writing this AvaTrade review, and despite AvaTrade’s impressive offering, the company has surprisingly not garnered any awards to date.|
|Find Out More||
ThinkMarkets vs AvaTrade - Frequently Asked Questions
ThinkMarkets vs AvaTrade - Headquarters And Year Of Founding
ThinkMarkets was founded in 2010 and has its headquaters in Australia & United Kingdom.
AvaTrade was founded in 2006 and has its head office in The British Virgin Islands.
What is the minimum deposit for AvaTrade or ThinkMarkets
The minimum deposit for ThinkMarkets is $0.
The minimum deposit for AvaTrade is $250.
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 AvaTrade are a good choice.
ThinkMarkets vs AvaTrade - 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 .
AvaTrade is regulated by Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI).
Both ThinkMarkets and AvaTrade have a strong collection of rules for ensuring fair trading onto their own platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).
As per their own privacy regulations, customer data is to not be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare ThinkMarkets vs AvaTrade Commission And Fees
ThinkMarkets and AvaTrade are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the businesses of online trading platforms are scaled better. That is, an internet broker is not necessarily affected by the number of customers they have.
But this doesn't necessarily mean that online brokers don't 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 sort of charges to look out for are trading charges. When you make a genuine trade, like buying a stock or an ETF, you're charged trading fees. In these instances, you are paying a spread, financing rate, or a commission. The kinds of trading fees and the rates vary from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the other hand, a spread denotes the difference between the buying and selling cost. Financing or overnight rates are people who are charged when you maintain a leveraged position for more than a day.
Apart from trading fees, online agents also charge non-trading fees. These are determined by the activities you undertake in your accounts. They're charged for operations like depositing cash, not investing for long periods, or withdrawals.
In general, neither ThinkMarkets or AvaTrade charge high fees compared to other online brokers. For operations other brokers fee for, they either do not charge a broker fee, or they charge a lesser sum. This can be beneficial for people who regularly exchange, such as daily or weekly trading.
However, non-trading fees charged by ThinkMarkets and AvaTrade are relatively higher. Consequently, you're charged more for non-trading activities on your trading account, such as deposits and withdrawal. These are not related to the purchase and sale of resources.
This ThinkMarkets vs AvaTrade review for 2022 breaks down every one of the relevant non-trading fees for you in detail.
Compare Broker Fees For ThinkMarkets And AvaTrade
What Languages Do ThinkMarkets And AvaTrade Support?
Being able to communicate completely with your trading platform is a key part of comparing trading platforms to find your perfect broker. Not only for support but to ensure you understand everything on their site and inside their application as it is a key part of success when trading forex.
Below you can find the languages that both ThinkMarkets and AvaTrade offer communication in.
How Many Clients Do ThinkMarkets and AvaTrade Have?
Both ThinkMarkets and AvaTrade are well established with their client base. It is really important to work with an online broker that is reputable and one of the most simple ways of understanding this is by knowing how many clients they already work with.
Below you will find details of how many users ThinkMarkets and AvaTrade have
|Clients / Users||475,000+||200,000+|
|Find Out More||
What Payment Methods Do ThinkMarkets and AvaTrade Accept?
ThinkMarkets and AvaTrade 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 AvaTrade
What Can You Trade With ThinkMarkets and AvaTrade?
ThinkMarkets offers 1500 trading instruments while AvaTrade offers 250.
Below you will find a full breakdown of what both ThinkMarkets and AvaTrade offer.
Compare ThinkMarkets To All Other Brokers
Compare AvaTrade To All Other Brokers
ThinkMarkets vs AvaTrade:
Table Of Contents
- Compare ThinkMarkets vs AvaTrade
- Benefits of ThinkMarkets and AvaTrade Compared
- AvaTrade and ThinkMarkets Mobile App Comparison
- ThinkMarkets vs AvaTrade - Awards
- ThinkMarkets vs AvaTrade - Frequently Asked Questions
- What is the minimum deposit for AvaTrade or ThinkMarkets
- ThinkMarkets vs AvaTrade - Regulation And Licencing In More Detail
- Compare Broker Fees For ThinkMarkets And AvaTrade
- What Languages Do ThinkMarkets And AvaTrade Support?
- How Many Clients Do ThinkMarkets and AvaTrade Have?
- What Payment Methods Do ThinkMarkets and AvaTrade Accept?
- What Can You Trade With ThinkMarkets and AvaTrade?