ThinkMarkets vs Ducascopy Bank, 2022 Update
ThinkMarkets Rating: 8.03 / 10
Ducascopy Bank Rating: 4.61 / 10
71.89% of retail investor accounts lose money when trading CFDs with this provider.
Losses can exceed deposits
ThinkMarkets vs Ducascopy Bank Guide
Read our In-Depth ThinkMarkets vs Ducascopy Bank Review - 2022 Update
This ThinkMarkets vs Ducascopy Bank 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 Ducascopy Bank review does not apply to all countries as follows:
ThinkMarkets Excluded Countries
United States of America, Canada, Russian Federation, and Belgium.
Ducascopy Bank 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 Ducascopy Bank. Which one is best in 2022?
This ThinkMarkets vs Ducascopy Bank review contains the latest information so you can easily compare Ducascopy Bank against ThinkMarkets.
If you are a new entrant in the realm of trading and brokers, so many facts will be confusing for you. Getting into the world of trading requires expert analyzing skills and comprehensive understanding. You will get proficient at all of the concepts of broker as you keep trading. For starters, you have to choose the right agent who'll be transparent with you always.
In this fast-paced universe of stock markets and trading, you will need guidance to make proper decisions. A professionally direct investment plan has the potential to generate hefty returns. ThinkMarkets and Ducascopy Bank are two such platforms which will take you along with your investment to great heights. It is crucial to compare ThinkMarkets vs Ducascopy Bank before you trust them with your cash.
Our ThinkMarkets vs Ducascopy Bank comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust ThinkMarkets and Ducascopy Bank side by side.
Our full ThinkMarkets vs Ducascopy Bank Review covers everything you need to learn about trading using either ThinkMarkets or Ducascopy Bank. A good agent can multiply your first investments and give you favorable profits. If you want to make profits, you must trade with a brokerage service that contrasts with your investing goals.
There is no sure-fire way to ensure profits; therefore, you should carefully assess your broker before you select them. It's a frequent misconception that all agents will be exactly the same, but that's not true. Wrong judgment, in the beginning, can set your investments in danger.
ThinkMarkets and Ducascopy Bank are both brokers that have found their way successfully into the brokerage world. Within this review, we've tried to collate some of the vital facets of both ThinkMarkets and Ducascopy Bank. This review will allow you to know whether either Ducascopy Bank or ThinkMarkets is a fantastic fit for your own investments or not. We've tried to breakdown all the qualities and fees for your advantage.
Compare ThinkMarkets vs Ducascopy Bank
Every online trading system will have some ups and downs, and no ThinkMarkets and Ducascopy Bank review would be complete without having a balanced approach. Compare ThinkMarkets and Ducascopy Bank 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 Ducascopy Bank Compared
ThinkMarkets has a minimum deposit of $0 while Ducascopy Bank offers a $5000 minimum deposit.
Why smaller minimum deposits are good and how ThinkMarkets and Ducascopy Bank 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 Ducascopy Bank has around 1500 available.
The more instruments you can trade on the ThinkMarkets and Ducascopy Bank 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 Ducascopy Bank.
ThinkMarkets and Ducascopy Bank Contact Details
Being able to contact a broker simply is important. ThinkMarkets and Ducascopy Bank 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|
|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||Ducascopy Bank Twitter Account|
|ThinkMarkets Facebook Page||Ducascopy Bank Facebook Page|
|ThinkMarkets Instagram Account||Ducascopy Bank Instagram Account|
|ThinkMarkets LinkedIn Page||Ducascopy Bank LinkedIn Page|
|YouTube||ThinkMarkets YouTube Channel||Ducascopy Bank YouTube Channel|
|Find Out More||
Ducascopy Bank 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 Ducascopy Bank 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 average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
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 Ducascopy Bank - Awards
ThinkMarkets have won a lot of industry awards over the years they have been running as a financial broker. We list the most notable awards for ThinkMarkets here.
|At the time of writing this Ducascopy Bank review, and despite Ducascopy Bank’s impressive offering, the company has surprisingly not garnered any awards to date.|
|Find Out More||
ThinkMarkets vs Ducascopy Bank - Frequently Asked Questions
ThinkMarkets vs Ducascopy Bank - Headquarters And Year Of Founding
ThinkMarkets was founded in 2010 and has its head office in Australia & United Kingdom.
Ducascopy Bank was founded in 1998 and has its headquaters in Switzerland.
What is the minimum deposit for Ducascopy Bank or ThinkMarkets
The minimum deposit for ThinkMarkets is $0.
The minimum deposit for Ducascopy Bank is $5000.
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 Ducascopy Bank are a good option.
ThinkMarkets vs Ducascopy Bank - 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 .
Ducascopy Bank is regulated by Financial Industry Regulatory Authority (FINRA), Financial Services Authority (FSA).
Both ThinkMarkets and Ducascopy Bank have a powerful set of rules for ensuring fair trading onto their individual platforms. For data encryption purposes, they provide industry-standard secure socket layers (SSL).
As per their individual privacy policies, client information is never to be shared with any other institutions or individuals. Including credit history and other financial details.
Compare ThinkMarkets vs Ducascopy Bank Commission And Fees
ThinkMarkets and Ducascopy Bank are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the businesses of online brokerages are scaled better. In other words, an internet broker isn't necessarily affected by the number of clients they have.
However, this does not 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 mainly 3 different types of penalties for this purpose.
The first kind of fees to keep an eye out for are trading charges. Whenever you make a genuine trade, like purchasing a stock or an ETF, you're billed trading fees. In such cases, you're spending a spread, financing rate, or a commission. The sorts of trading charges and the rates vary from broker to broker.
Commissions could be fixed or determined by the traded volume. On the other hand, a spread refers to the gap between the buying and selling price. Financing or overnight rates are those that are billed when you maintain a leveraged position for more than a day.
Apart from trading charges, online brokers also charge non-trading fees. These are dependent on the activities you undertake in your accounts. They're charged for surgeries like depositing cash, not investing for lengthy periods, or withdrawals.
Generally, neither ThinkMarkets or Ducascopy Bank charge high fees in comparison to other online brokers. For operations other agents fee for, they do not charge a brokerage fee, or they charge a smaller sum. This can be beneficial for those who often trade, such as daily or weekly trading.
However, non-trading fees charged by ThinkMarkets and Ducascopy Bank are comparatively competitive. Consequently, you're billed more for non-trading actions on your trading account, like deposits and withdrawal. These aren't about the sale and purchase of assets.
This ThinkMarkets vs Ducascopy Bank review for 2022 breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees For ThinkMarkets And Ducascopy Bank
What Languages Do ThinkMarkets And Ducascopy Bank Support?
Being able to chat completely with your online platform is a key part of comparing brokers to find the best broker. Not only for support but to ensure you understand everything on their website and inside their app as it is a key part of success when trading online.
Below you will find all the languages that both ThinkMarkets and Ducascopy Bank offer communication in.
How Many Clients Do ThinkMarkets and Ducascopy Bank Have?
Both ThinkMarkets and Ducascopy Bank are well known and trusted. It is really important to work with a broker that is professional 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 customers ThinkMarkets and Ducascopy Bank have
|Clients / Users||475,000+||10,000+|
|Find Out More||
What Payment Methods Do ThinkMarkets and Ducascopy Bank Accept?
ThinkMarkets and Ducascopy Bank 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 Ducascopy Bank
What Can You Trade With ThinkMarkets and Ducascopy Bank?
ThinkMarkets offers 1500 trading instruments while Ducascopy Bank offers 100.
Below you will find a full breakdown of what both ThinkMarkets and Ducascopy Bank offer.
Compare ThinkMarkets To All Other Brokers
Compare Ducascopy Bank To All Other Brokers
ThinkMarkets vs Ducascopy Bank:
Table Of Contents
- Compare ThinkMarkets vs Ducascopy Bank
- Benefits of ThinkMarkets and Ducascopy Bank Compared
- Ducascopy Bank and ThinkMarkets Mobile App Comparison
- ThinkMarkets vs Ducascopy Bank - Awards
- ThinkMarkets vs Ducascopy Bank - Frequently Asked Questions
- What is the minimum deposit for Ducascopy Bank or ThinkMarkets
- ThinkMarkets vs Ducascopy Bank - Regulation And Licencing In More Detail
- Compare Broker Fees For ThinkMarkets And Ducascopy Bank
- What Languages Do ThinkMarkets And Ducascopy Bank Support?
- How Many Clients Do ThinkMarkets and Ducascopy Bank Have?
- What Payment Methods Do ThinkMarkets and Ducascopy Bank Accept?
- What Can You Trade With ThinkMarkets and Ducascopy Bank?