ThinkMarkets vs Etrade, for 2022
ThinkMarkets Rating: 8.03 / 10
Etrade Rating: 4.51 / 10
71.89% of retail investor accounts lose money when trading CFDs with this provider.
Your capital is at risk
ThinkMarkets vs Etrade Guide
Read our In-Depth ThinkMarkets vs Etrade Review - 2022 Update
This ThinkMarkets vs Etrade 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 Etrade review does not apply to all countries as follows:
ThinkMarkets Excluded Countries
United States of America, Canada, Russian Federation, and Belgium.
Etrade 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 Etrade. Who should you choose?
Our ThinkMarkets vs Etrade review contains the most recent information so you can easily compare Etrade against ThinkMarkets.
If you're 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 acquire proficient at all of the concepts of brokerage since you continue trading. For starters, you have to choose the right broker who'll be clear with you always.
Within this fast-paced world of stock markets and trading, you'll need guidance to make proper decisions. A professionally direct investment plan has the potential to generate hefty returns. ThinkMarkets and Etrade are just two such companies which will take you and your investment into great heights. It's important that you compare ThinkMarkets vs Etrade until you trust them with your money.
Our ThinkMarkets vs Etrade comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust ThinkMarkets and Etrade side by side.
Our full ThinkMarkets vs Etrade Review covers everything you will need to know about trading using either ThinkMarkets or Etrade. A fantastic broker can multiply your initial investments and give you positive profits. If you would like to earn profits, you should trade with a broker service that aligns with your investing objectives.
There is no sure-fire method to guarantee profits; thus, you should carefully analyze your agent before you choose them. It's a frequent misconception that all brokers will be the same, but that's not correct. Wrong judgment, initially, can put your investments at risk.
ThinkMarkets and Etrade are both brokers that have paved their way successfully into the broker world. Within this review, we have tried to collate some of the vital facets of both ThinkMarkets and Etrade. This review can help you to understand whether either Etrade or ThinkMarkets is a fantastic match for your own investments or not. We've attempted to breakdown all of the qualities and fees for your convenience.
Compare ThinkMarkets vs Etrade
Every online trading system will have some ups and downs, and no ThinkMarkets and Etrade review would be complete without having a balanced approach. Compare ThinkMarkets and Etrade to understand how they stack up against each other before you open an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
Benefits of ThinkMarkets and Etrade Compared
ThinkMarkets offers a minimum deposit of $0 while Etrade has a $100 minimum deposit.
Why smaller minimum deposits are good and how ThinkMarkets and Etrade 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 while Etrade allows you to trade around 1500 available.
The more instruments you can trade on the ThinkMarkets and Etrade 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 Etrade.
ThinkMarkets and Etrade Contact Details
Being able to contact a broker simply is vital. ThinkMarkets and Etrade 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||Etrade Twitter Account|
|ThinkMarkets Facebook Page||Etrade Facebook Page|
|ThinkMarkets Instagram Account||Etrade Instagram Account|
|ThinkMarkets LinkedIn Page||Etrade LinkedIn Page|
|YouTube||ThinkMarkets YouTube Channel||Etrade YouTube Channel|
|Find Out More||
Etrade 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 Etrade will examine whether their mobile app meets all our requirements.
We rate overall 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. 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 Etrade - Awards
ThinkMarkets have won several industry awards over the years they have been operating as a financial broker. We list the most notable awards for ThinkMarkets below.
|At the time of writing this Etrade review, and despite Etrade’s impressive offering, the company has surprisingly not garnered any awards to date.|
|Find Out More||
ThinkMarkets vs Etrade - Frequently Asked Questions
ThinkMarkets vs Etrade - Headquarters And Year Of Founding
ThinkMarkets was founded in 2010 and has its headquaters in Australia & United Kingdom.
Etrade was founded in 2012 and has its head office in United States.
What is the minimum deposit for Etrade or ThinkMarkets
The minimum deposit for ThinkMarkets is $0.
The minimum deposit for Etrade 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 Etrade are a good choice.
ThinkMarkets vs Etrade - 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 .
Etrade is regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA).
Both ThinkMarkets and Etrade have a strong set 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 regulations, client data is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Compare ThinkMarkets vs Etrade Commission And Fees
ThinkMarkets and Etrade are online brokerage platforms, and most online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the businesses of online trading platforms are scaled much better. That is, an online broker isn't necessarily influenced by the amount of customers they have.
However, this doesn't 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 types of fees for this purpose.
The first sort of charges to keep an eye out for are trading fees. Whenever you make a genuine trade, like purchasing a stock or an ETF, you are billed trading fees. In these cases, you're paying a spread, financing speed, or even a commission. The kinds of trading fees and the prices differ 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. Funding or overnight rates are those who are charged when you maintain a leveraged position for longer than a day.
Aside from trading fees, online brokers also bill non-trading fees. These are determined by the activities you undertake in your accounts. They're billed for surgeries like depositing money, not trading for long periods, or withdrawals.
In general, neither ThinkMarkets or Etrade charge high fees in comparison to other online brokers. For operations other brokers charge for, they do not charge a broker fee, or they charge a smaller amount. This can be beneficial for people who often exchange, such as daily or weekly trading.
But, non-trading fees billed by ThinkMarkets and Etrade are relatively higher. Consequently, you're billed more for non-trading activities in your trading accounts, like deposits and withdrawal. These are not about the sale and purchase of assets.
This ThinkMarkets vs Etrade review for 2022 breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees For ThinkMarkets And Etrade
What Languages Do ThinkMarkets And Etrade Support?
Being able to communicate easily with your online broker is a key part of comparing brokers to find the best broker. Not only for support but to ensure you completely understand everything on their site and inside their application as it is a key part of success when trading online.
Here you can find all the languages that both ThinkMarkets and Etrade support.
How Many Clients Do ThinkMarkets and Etrade Have?
Both ThinkMarkets and Etrade are well known and trusted. It is really important to work with a broker you can trust and one of the easiest ways of understanding this is by knowing how many customers they already work with.
Below you will find details of how many customers ThinkMarkets and Etrade are working with
|Clients / Users||475,000+||10,000+|
|Find Out More||
What Payment Methods Do ThinkMarkets and Etrade Accept?
ThinkMarkets and Etrade 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 Etrade
What Can You Trade With ThinkMarkets and Etrade?
ThinkMarkets offers 1500 trading instruments while Etrade offers 87.
Below you will find a full breakdown of what both ThinkMarkets and Etrade offer.
Compare ThinkMarkets To All Other Brokers
Compare Etrade To All Other Brokers
ThinkMarkets vs Etrade:
Table Of Contents
- Compare ThinkMarkets vs Etrade
- Benefits of ThinkMarkets and Etrade Compared
- Etrade and ThinkMarkets Mobile App Comparison
- ThinkMarkets vs Etrade - Awards
- ThinkMarkets vs Etrade - Frequently Asked Questions
- What is the minimum deposit for Etrade or ThinkMarkets
- ThinkMarkets vs Etrade - Regulation And Licencing In More Detail
- Compare Broker Fees For ThinkMarkets And Etrade
- What Languages Do ThinkMarkets And Etrade Support?
- How Many Clients Do ThinkMarkets and Etrade Have?
- What Payment Methods Do ThinkMarkets and Etrade Accept?
- What Can You Trade With ThinkMarkets and Etrade?