ThinkMarkets vs BeeOptions, for 2022
Read our In-Depth ThinkMarkets vs BeeOptions Review - Updated for 2022
This ThinkMarkets vs BeeOptions 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 BeeOptions review does not apply to all countries as follows:
ThinkMarkets Excluded Countries
United States of America, Canada, Russian Federation, and Belgium.
BeeOptions Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
So you are looking for a broker and are choosing between ThinkMarkets or BeeOptions. Which one is best in 2022?
This ThinkMarkets vs BeeOptions review contains the most recent information so you can easily compare BeeOptions against ThinkMarkets.
If you are a new entrant in the realm of trading and brokers, so many nuances will be perplexing for you. Getting into the world of trading demands expert assessing skills and thorough understanding. You will get adept at all the concepts of broker as you keep trading. For starters, you need to choose the ideal agent who'll be clear with you constantly.
In this fast-paced world of stock markets and trading, you'll need advice to make correct decisions. A professionally direct investment plan has the potential to generate hefty returns. ThinkMarkets and BeeOptions are two such stages that will take you and your investment into great heights. It's important to compare ThinkMarkets vs BeeOptions until you trust them with your cash.
Our ThinkMarkets vs BeeOptions comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust ThinkMarkets and BeeOptions side by side.
Our entire ThinkMarkets vs BeeOptions Review covers everything you will need to know about trading using either ThinkMarkets or BeeOptions. A good agent can multiply your initial investments and give you positive profits. If you would like to make profits, you must trade with a brokerage service that aligns with your investment objectives.
There's absolutely no sure-fire method to guarantee profits; thus, you must carefully assess your agent before you choose them. It's a common misconception that all agents will be the same, but that is not true. Wrong judgment, initially, can put your investments at risk.
ThinkMarkets and BeeOptions are both brokers that have paved their way successfully into the broker world. In this review, we have attempted to collate some of the vital aspects of both ThinkMarkets and BeeOptions. This review will help you to understand whether either BeeOptions or ThinkMarkets is a fantastic fit for your own investments or not. We have tried to breakdown all of the qualities and fees for your advantage.
Compare ThinkMarkets vs BeeOptions
Every online trading system has some pros and cons, and no ThinkMarkets and BeeOptions review would be complete without having a balanced approach. Compare ThinkMarkets and BeeOptions to understand how they line 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 BeeOptions Compared
ThinkMarkets has a minimum deposit of $0 while BeeOptions has a $0 minimum deposit.
Why smaller minimum deposits are good and how ThinkMarkets and BeeOptions 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 BeeOptions has around 1500 on their platform.
The more instruments you can trade on the ThinkMarkets and BeeOptions 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 never want to miss out on a trading opportunity due to the limitations of ThinkMarkets or BeeOptions.
ThinkMarkets and BeeOptions Contact Details
Being able to contact a broker easily is a sign of a professional broker. ThinkMarkets and BeeOptions have the following contact details and social medias that you can use.
|
|
||
|---|---|---|
| Broker | ThinkMarkets | BeeOptions |
| 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 | 37A Chippenham Mews, London, Greater London W9 2AN, GB |
| ThinkMarkets Twitter Account | BeeOptions Twitter Account | |
| ThinkMarkets Facebook Page | BeeOptions Facebook Page | |
| ThinkMarkets Instagram Account | BeeOptions Instagram Account | |
| ThinkMarkets LinkedIn Page | BeeOptions LinkedIn Page | |
| YouTube | ThinkMarkets YouTube Channel | BeeOptions YouTube Channel |
| Find Out More |
|
|
BeeOptions and ThinkMarkets 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 ThinkMarkets and BeeOptions will examine whether their mobile app meets all our requirements.
Overall, we rate 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?
ThinkMarkets vs BeeOptions - Awards
|
|
||
|---|---|---|
| Broker | ThinkMarkets | BeeOptions |
| Awards |
ThinkMarkets have won many industry awards over the time they have been operating as an online broker. We detail the most recognised awards for ThinkMarkets here.
|
At the time of writing this BeeOptions review, and despite BeeOptions’s impressive offering, the company has surprisingly not garnered any awards to date. |
| Find Out More |
|
|
ThinkMarkets vs BeeOptions - Frequently Asked Questions
ThinkMarkets vs BeeOptions - Headquarters And Year Of Founding
ThinkMarkets was founded in 2010 and has its headquaters in Australia & United Kingdom.
BeeOptions was founded in 2004 and has its headquaters in Cyprus.
What is the minimum deposit for BeeOptions or ThinkMarkets
The minimum deposit for ThinkMarkets is $0.
The minimum deposit for BeeOptions 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 ThinkMarkets and BeeOptions are a good choice.
ThinkMarkets vs BeeOptions - 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 .
BeeOptions is regulated by Cyprus Securities and Exchange Commission (CySEC).
Both ThinkMarkets and BeeOptions have a powerful collection of rules for ensuring honest trading on their platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
As per their privacy regulations, client data is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Compare ThinkMarkets vs BeeOptions Commission And Fees
ThinkMarkets and BeeOptions are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the businesses of online trading platforms are scaled much better. In other words, an internet broker is not necessarily affected by the number of customers they have.
However, this does not necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to earn money. There are mainly three different types of fees for this purpose.
The first sort of charges to look out for are trading fees. When you make an actual trade, like buying a stock or an ETF, you are charged trading fees. In these instances, you are paying a spread, financing rate, or a commission. The sorts of trading fees and the prices vary from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the flip side, a spread refers to the difference between the buying and selling cost. Financing or overnight prices are people that are billed when you maintain a leveraged position for more than daily.
Apart from trading fees, online brokers also bill non-trading fees. These are dependent on the activities you undertake in your accounts. They are charged for surgeries like depositing money, not trading for lengthy periods, or withdrawals.
In general, neither ThinkMarkets or BeeOptions charge high fees in comparison to other online agents. For operations other brokers fee for, they either do not charge a brokerage fee, or they charge a smaller amount. This is beneficial for people who regularly trade, such as weekly or daily trading.
But, non-trading fees billed by ThinkMarkets and BeeOptions are relatively competitive. As a result, you're billed more for non-trading activities on your trading accounts, like withdrawal and deposits. These aren't about the purchase and sale of resources.
This ThinkMarkets vs BeeOptions review for 2022 breaks down every one of the relevant non-trading charges for you in detail.
Compare Broker Fees For ThinkMarkets And BeeOptions
What Languages Do ThinkMarkets And BeeOptions Support?
Being able to communicate easily with your trading platform is a key part of comparing trading platforms to find your perfect trading partner. Not only for support but to be sure you understand everything on their website and inside their app as it is a key factor to success when trading forex.
Here you can find the languages that both ThinkMarkets and BeeOptions support.
How Many Clients Do ThinkMarkets and BeeOptions Have?
Both ThinkMarkets and BeeOptions are well known and trusted. It is really important to work with an online broker you can trust and one of the most simple ways of establishing this is by knowing how many customers they already work with.
Below you will find details of how many users ThinkMarkets and BeeOptions are active on their platform
|
|
||
|---|---|---|
| Broker | ThinkMarkets | BeeOptions |
| Clients / Users | 475,000+ | 10,000+ |
| Find Out More |
|
|
What Payment Methods Do ThinkMarkets and BeeOptions Accept?
ThinkMarkets and BeeOptions 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 BeeOptions
What Can You Trade With ThinkMarkets and BeeOptions?
ThinkMarkets offers 1500 trading instruments whilst BeeOptions offers 48.
Below you will find a full breakdown of what both ThinkMarkets and BeeOptions offer.
Compare ThinkMarkets To All Other Brokers
Compare BeeOptions To All Other Brokers
