ThinkMarkets vs Colmex, for 2022
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ThinkMarkets Rating: 8.03 / 10 |
Colmex Rating: 4.46 / 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 Colmex Guide |
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Read our In-Depth ThinkMarkets vs Colmex Review - 2022 Update
This ThinkMarkets vs Colmex 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 Colmex review does not apply to all countries as follows:
ThinkMarkets Excluded Countries
United States of America, Canada, Russian Federation, and Belgium.
Colmex 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 Colmex. Which one is best in 2022?
This ThinkMarkets vs Colmex review contains the latest information so you can easily compare Colmex against ThinkMarkets.
If you are a new entrant in the world of trading and brokerages, so many nuances will be perplexing for you. Getting into the area of trading requires expert assessing skills and comprehensive understanding. You'll acquire proficient at all the concepts of brokerage as you keep trading. For starters, you need to choose the right broker who will be clear with you constantly.
In this fast-paced universe of stock markets and trading, you'll need advice to make proper decisions. A professionally direct investment plan has the potential to generate hefty returns. ThinkMarkets and Colmex are two such trading platforms that will take you along with your investment to great heights. It's crucial to compare ThinkMarkets vs Colmex before you trust them with your money.
Our ThinkMarkets vs Colmex comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust ThinkMarkets and Colmex side by side.
Our entire ThinkMarkets vs Colmex Review covers everything you will need to know about trading with either ThinkMarkets or Colmex. A fantastic agent can multiply your initial investments and provide you favorable profits. If you would like to make profits, you must trade with a brokerage service that aligns with your investing goals.
There's absolutely no sure-fire method to guarantee profits; therefore, you must carefully assess your agent before you select them. It is a frequent misconception that all agents are the same, but that is not correct. Wrong judgment, in the beginning, can set your investments at risk.
ThinkMarkets and Colmex are both brokers which have paved their way successfully into the broker world. In this review, we've tried to collate some of the vital facets of both ThinkMarkets and Colmex. This review can allow you to know whether either Colmex or ThinkMarkets is a good match for your own investments or not. We've attempted to breakdown all the qualities and fees for your advantage.
Compare ThinkMarkets vs Colmex
Every online trading system has a few pros and cons, and no ThinkMarkets and Colmex review would be complete without having a balanced approach. Compare ThinkMarkets and Colmex 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 Colmex Compared
ThinkMarkets offers a minimum deposit of $0 while Colmex offers a $100 minimum deposit.
Why smaller minimum deposits are good and how ThinkMarkets and Colmex 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 allows you to trade around 1500 financial instruments whilst Colmex allows you to trade around 1500 financial instruments on their platform.
The more instruments you can trade on the ThinkMarkets and Colmex 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 Colmex.
ThinkMarkets and Colmex Contact Details
Being able to contact a broker simply is vital. ThinkMarkets and Colmex have the following contact details and social medias that you can use.
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| Broker | ThinkMarkets | Colmex |
| 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 | Colmex Twitter Account | |
| ThinkMarkets Facebook Page | Colmex Facebook Page | |
| ThinkMarkets Instagram Account | Colmex Instagram Account | |
| ThinkMarkets LinkedIn Page | Colmex LinkedIn Page | |
| YouTube | ThinkMarkets YouTube Channel | Colmex YouTube Channel |
| Find Out More |
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Colmex 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 Colmex 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
While most brokers are good at this, there are some poor ones. 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 Colmex - Awards
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| Broker | ThinkMarkets | Colmex |
| Awards |
ThinkMarkets have won a lot of industry awards over the years they have been running as a financial broker. We show the most recognised awards for ThinkMarkets below.
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At the time of writing this Colmex review, and despite Colmex’s impressive offering, the company has surprisingly not garnered any awards to date. |
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ThinkMarkets vs Colmex - Frequently Asked Questions
ThinkMarkets vs Colmex - Headquarters And Year Of Founding
ThinkMarkets was founded in 2010 and has its headquaters in Australia & United Kingdom.
Colmex was founded in 1990 and has its headquaters in Cyprus.
What is the minimum deposit for Colmex or ThinkMarkets
The minimum deposit for ThinkMarkets is $0.
The minimum deposit for Colmex is $100.
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 Colmex are a good option.
ThinkMarkets vs Colmex - 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 .
Colmex is regulated by Securities and Exchange Commission (SEC).
Both ThinkMarkets and Colmex have a powerful collection of rules for ensuring honest trading on their platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).
As per their own privacy policies, customer data is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Compare ThinkMarkets vs Colmex Commission And Fees
ThinkMarkets and Colmex are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the companies of online trading platforms are scaled much better. That is, an online broker isn't necessarily influenced by the amount of customers they have.
But this does not 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 three types of fees for this objective.
The first kind of fees to look out for are trading fees. Whenever you make an actual trade, like purchasing a stock or an ETF, you're billed trading charges. In these cases, you're paying a spread, financing rate, or even a commission. The sorts of trading fees and the prices vary from broker to broker.
Commissions can be fixed or determined by the traded volume. On the other hand, a spread refers to the difference between the buying and selling price. Financing or overnight prices are people that are charged when you hold a leveraged position for longer than a day.
Apart from trading charges, online brokers also charge non-trading fees. These are determined by the activities you undertake in your accounts. They are charged for surgeries like depositing cash, not investing for long periods, or withdrawals.
In general, neither ThinkMarkets or Colmex charge high fees compared to other online agents. For operations other agents charge for, they do not charge a brokerage fee, or they charge a lesser sum. This is beneficial for people who regularly trade, for example weekly or daily trading.
However, non-trading fees billed by ThinkMarkets and Colmex are relatively higher. As a result, you are charged more for non-trading actions in your trading account, like deposits and withdrawal. These are not related to the purchase and sale of assets.
This ThinkMarkets vs Colmex review for 2022 breaks down every one of the applicable non-trading fees for you in detail.
Compare Broker Fees For ThinkMarkets And Colmex
What Languages Do ThinkMarkets And Colmex Support?
Being able to chat completely with your online broker is a key part of comparing online brokers to find your perfect trading partner. 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 will find the languages that both ThinkMarkets and Colmex support.
How Many Clients Do ThinkMarkets and Colmex Have?
Both ThinkMarkets and Colmex are well known and trusted. It is important to work with an online broker you can trust and one of the easiest ways of establishing this is by knowing how many clients are using their services.
Below you will find details of how many users ThinkMarkets and Colmex are working with
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| Broker | ThinkMarkets | Colmex |
| Clients / Users | 475,000+ | 10,000+ |
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What Payment Methods Do ThinkMarkets and Colmex Accept?
ThinkMarkets and Colmex 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 Colmex
What Can You Trade With ThinkMarkets and Colmex?
ThinkMarkets offers 1500 trading instruments while Colmex offers 78.
Below you will find a full breakdown of what both ThinkMarkets and Colmex offer.
Compare ThinkMarkets To All Other Brokers
Compare Colmex To All Other Brokers
