ThinkMarkets vs Coinbase, Who's The Best?
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ThinkMarkets Rating: 8.03 / 10 |
Coinbase Rating: 4.38 / 10 |
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71.89% of retail investor accounts lose money when trading CFDs with this provider. |
Your capital is at risk |
ThinkMarkets vs Coinbase Guide |
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Read our In-Depth ThinkMarkets vs Coinbase Review - Updated for 2022
This ThinkMarkets vs Coinbase 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 Coinbase review does not apply to all countries as follows:
ThinkMarkets Excluded Countries
United States of America, Canada, Russian Federation, and Belgium.
Coinbase Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
So you are looking for a professional broker and are choosing between ThinkMarkets or Coinbase. Who is better in 2022?
Our ThinkMarkets vs Coinbase review contains the latest information so you can easily compare Coinbase against ThinkMarkets.
If you're a new entrant in the realm of trading and brokerages, so many nuances will be perplexing for you. Getting into the world of trading demands expert analyzing skills and thorough knowledge. You will acquire adept at all the concepts of brokerage since you keep trading. For starters, you have to choose the right broker who will be transparent with you always.
In this fast-paced universe 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 Coinbase are two such platforms that will take you and your investment into great heights. It's important to compare ThinkMarkets vs Coinbase before you trust them with your cash.
Our ThinkMarkets vs Coinbase comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust ThinkMarkets and Coinbase side by side.
Our full ThinkMarkets vs Coinbase Review covers all you will need to learn about trading using either ThinkMarkets or Coinbase. A fantastic agent can multiply your first investments and give you positive profits. If you want to make profits, you should trade with a brokerage service that aligns with your investment objectives.
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 brokers are exactly the same, but that's not true. Wrong judgment, initially, can put your investments at risk.
ThinkMarkets and Coinbase are both brokers which have found their way successfully to the brokerage world. Within this review, we've attempted to collate a number of the important aspects of both ThinkMarkets and Coinbase. This review will help you to know whether either Coinbase or ThinkMarkets is a fantastic match for your investments or not. We've tried to breakdown all of the features and fees for your convenience.
Compare ThinkMarkets vs Coinbase
Every online trading platform will have some pros and cons, and no ThinkMarkets and Coinbase review would be complete without having a balanced approach. Compare ThinkMarkets and Coinbase to understand how they stack up against each other before you create an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
Benefits of ThinkMarkets and Coinbase Compared
ThinkMarkets has a minimum deposit of $0 while Coinbase has a $100 minimum deposit.
Why smaller minimum deposits are good and how ThinkMarkets and Coinbase 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 while Coinbase allows you to trade around 1500 financial instruments on their platform.
The more instruments you can trade on the ThinkMarkets and Coinbase 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 Coinbase.
ThinkMarkets and Coinbase Contact Details
Being able to contact your broker through many ways is vital. ThinkMarkets and Coinbase have the following contact details and social medias that you can use.
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| Broker | ThinkMarkets | Coinbase |
| 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 | Coinbase Twitter Account | |
| ThinkMarkets Facebook Page | Coinbase Facebook Page | |
| ThinkMarkets Instagram Account | Coinbase Instagram Account | |
| ThinkMarkets LinkedIn Page | Coinbase LinkedIn Page | |
| YouTube | ThinkMarkets YouTube Channel | Coinbase YouTube Channel |
| Find Out More |
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Coinbase 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 Coinbase will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of both apps as better than 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 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 Coinbase - Awards
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| Broker | ThinkMarkets | Coinbase |
| Awards |
ThinkMarkets have won a lot of industry awards over the time they have been running as an online trading platform. We detail the most recognised awards for ThinkMarkets below.
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At the time of writing this Coinbase review, and despite Coinbase’s impressive offering, the company has surprisingly not garnered any awards to date. |
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ThinkMarkets vs Coinbase - Frequently Asked Questions
ThinkMarkets vs Coinbase - Headquarters And Year Of Founding
ThinkMarkets was founded in 2010 and has its headquaters in Australia & United Kingdom.
Coinbase was founded in 1989 and has its headquaters in United States.
What is the minimum deposit for Coinbase or ThinkMarkets
The minimum deposit for ThinkMarkets is $0.
The minimum deposit for Coinbase is $100.
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 ThinkMarkets and Coinbase are a good option.
ThinkMarkets vs Coinbase - 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 .
Coinbase is regulated by Financial Conduct Authority (FCA).
Both ThinkMarkets and Coinbase have a strong set of rules for ensuring fair trading onto their platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).
In accordance with their privacy policies, client information is never to be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare ThinkMarkets vs Coinbase Commission And Fees
ThinkMarkets and Coinbase are online brokerage platforms, and most online brokerages charge lower fees 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 isn't necessarily influenced by the number of customers they have.
But this doesn't necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for various services to make money. There are primarily 3 different types of fees for this objective.
The first sort of charges to keep an eye out for are trading fees. When you make a genuine trade, like purchasing a stock or an ETF, you're charged trading fees. In these instances, you are spending a spread, financing rate, or even a commission. The sorts of trading charges and the rates vary from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the other hand, a spread denotes the gap between the buying and selling cost. Funding or overnight prices are people that are billed when you hold a leveraged position for more than daily.
Aside from trading charges, online brokers also charge non-trading fees. These are dependent on the actions you undertake on your account. They're charged for operations like depositing cash, not investing for lengthy periods, or withdrawals.
Generally, neither ThinkMarkets or Coinbase charge high fees in comparison to other online agents. For operations other agents charge for, they either do not charge a brokerage fee, or they charge a smaller sum. This can be beneficial for those who regularly exchange, for example weekly or daily trading.
But, non-trading fees charged by ThinkMarkets and Coinbase are relatively lower. Consequently, you are charged more for non-trading activities in your trading accounts, such as deposits and withdrawal. These aren't about the sale and purchase of resources.
This ThinkMarkets vs Coinbase review for 2022 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For ThinkMarkets And Coinbase
What Languages Do ThinkMarkets And Coinbase Support?
Being able to communicate completely with your online platform is a key element when comparing online brokers to find the best 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 part of success when trading online.
Below you can find the languages that both ThinkMarkets and Coinbase support.
How Many Clients Do ThinkMarkets and Coinbase Have?
Both ThinkMarkets and Coinbase 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 customers are using their services.
Below you will find details of how many clients ThinkMarkets and Coinbase are working with
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| Broker | ThinkMarkets | Coinbase |
| Clients / Users | 475,000+ | 10,000+ |
| Find Out More |
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What Payment Methods Do ThinkMarkets and Coinbase Accept?
ThinkMarkets and Coinbase 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 Coinbase
What Can You Trade With ThinkMarkets and Coinbase?
ThinkMarkets offers 1500 trading instruments while Coinbase offers 77.
Below you will find a full breakdown of what both ThinkMarkets and Coinbase offer.
Compare ThinkMarkets To All Other Brokers
Compare Coinbase To All Other Brokers
