ThinkMarkets vs Exness, for 2022
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ThinkMarkets Rating: 8.03 / 10 |
Exness Rating: 5.28 / 10 |
71.89% of retail investor accounts lose money when trading CFDs with this provider. |
Losses can exceed deposits |
ThinkMarkets vs Exness Guide |
Read our In-Depth ThinkMarkets vs Exness Review - Updated for 2022
This ThinkMarkets vs Exness 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 Exness review does not apply to all countries as follows:
ThinkMarkets Excluded Countries
United States of America, Canada, Russian Federation, and Belgium.
Exness 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 Exness. Who should you choose?
This ThinkMarkets vs Exness review contains the latest information so you can easily compare Exness against ThinkMarkets.
If you are a new entrant in the realm of trading and brokerages, so many facts will be confusing for you. Getting into the area of trading requires expert analyzing skills and comprehensive understanding. You'll get proficient at all of the concepts of broker since you continue trading. For starters, you need to choose the right broker who will be transparent with you constantly.
Within this fast-paced universe of stock markets and trading, you'll need advice to make correct decisions. A professionally direct investment program has the potential to generate hefty returns. ThinkMarkets and Exness are two such companies that will take you along with your investment to great heights. It is important that you compare ThinkMarkets vs Exness until you trust them with your money.
Our ThinkMarkets vs Exness comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust ThinkMarkets and Exness side by side.
Our entire ThinkMarkets vs Exness Review covers everything you will need to learn about trading using either ThinkMarkets or Exness. A good agent can multiply your initial investments and give you positive profits. If you want to earn profits, you must trade with a broker service that aligns with your investing objectives.
There is no sure-fire method to ensure profits; therefore, you should carefully assess your agent before you choose them. It is a common misconception that all brokers will be the same, but that is not true. Wrong judgment, in the beginning, can set your investments at risk.
ThinkMarkets and Exness are both brokers that have paved their way successfully to the broker world. Within this review, we have tried to collate a number of the important facets of both ThinkMarkets and Exness. This review can allow you to understand whether either Exness or ThinkMarkets is a good match for your own investments or not. We've attempted to breakdown all of the qualities and charges for your advantage.
Compare ThinkMarkets vs Exness
Every online trading system will have some ups and downs, and no ThinkMarkets and Exness review would be complete without showing both sides. Compare ThinkMarkets and Exness 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 Exness Compared
ThinkMarkets has a minimum deposit of $0 while Exness has a $1 minimum deposit.
Why smaller minimum deposits are good and how ThinkMarkets and Exness 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 Exness has around 1500 on their platform.
The more instruments you can trade on the ThinkMarkets and Exness 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 seriously do not want to miss out on a trading opportunity due to the limitations of ThinkMarkets or Exness.
ThinkMarkets and Exness Contact Details
Being able to contact a broker through many ways is vital. ThinkMarkets and Exness have the following contact details and social medias that you can use.
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Broker | ThinkMarkets | Exness |
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 | Exness Twitter Account | |
ThinkMarkets Facebook Page | Exness Facebook Page | |
ThinkMarkets Instagram Account | Exness Instagram Account | |
ThinkMarkets LinkedIn Page | Exness LinkedIn Page | |
YouTube | ThinkMarkets YouTube Channel | Exness YouTube Channel |
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Exness 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.
In this part of our comparison of ThinkMarkets and Exness 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 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 Exness - Awards
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Broker | ThinkMarkets | Exness |
Awards |
ThinkMarkets have won numerous industry awards over the time they have been running as an online broker. We show the most notable awards for ThinkMarkets below.
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At the time of writing this Exness review, and despite Exness’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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ThinkMarkets vs Exness - Frequently Asked Questions
ThinkMarkets vs Exness - Headquarters And Year Of Founding
ThinkMarkets was founded in 2010 and has its head office in Australia & United Kingdom.
Exness was founded in 2008 and has its headquaters in Cyprus.
What is the minimum deposit for Exness or ThinkMarkets
The minimum deposit for ThinkMarkets is $0.
The minimum deposit for Exness is $1.
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 Exness are a good option.
ThinkMarkets vs Exness - 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 .
Exness is regulated by Cyprus Securities and Exchange Commission (CySEC), CRFIN, The Federal Financial Supervisory Authority Bundesanstalt f├ó╦å┼í├é┬║r Finanzdienstleistungsaufsicht (BaFin), Netherlands Authority for the Financial Markets (AFM), Banque de France, The National Securities Market Commission (CNMV), The Commissione Nazionale per le Societ├ó╦å┼í├óÔé¼┬á e la Borsa (CONSOB), Finansinspektionen (FI), Komisja Nadzoru Finansowego (KNF).
Both ThinkMarkets and Exness have a powerful collection of rules for ensuring honest trading onto their platforms. For data encryption purposes, they provide industry-standard secure socket layers (SSL).
In accordance with their individual privacy policies, client information is to not be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare ThinkMarkets vs Exness Commission And Fees
ThinkMarkets and Exness are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled much better. In other words, an online broker is not necessarily affected by the amount of clients they have.
However, this does not mean that online brokers do not charge any fees. They charge fees of varying rates for various services to earn money. There are primarily three different types of fees for this objective.
The first sort of fees to look out for are trading charges. Whenever you make a genuine trade, like purchasing a stock or an ETF, you're billed trading charges. In these instances, you're spending a spread, financing rate, or a commission. The sorts of trading fees and the rates differ from broker to broker.
Commissions could 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 rates are people that are billed when you hold a leveraged position for longer than daily.
Aside from trading charges, online brokers also bill non-trading fees. These are dependent on the actions you undertake in your account. They're charged for surgeries like depositing money, not trading for long periods, or withdrawals.
In general, neither ThinkMarkets or Exness charge high fees compared to other online brokers. For operations other agents fee for, they either do not charge a brokerage fee, or they charge a smaller sum. This can be beneficial for people who regularly exchange, such as weekly or daily trading.
However, non-trading fees charged by ThinkMarkets and Exness are relatively higher. Consequently, you're billed more for non-trading activities on your trading accounts, such as withdrawal and deposits. These aren't related to the sale and purchase of assets.
This ThinkMarkets vs Exness review for 2022 breaks down every one of the relevant non-trading charges for you in detail.
Compare Broker Fees For ThinkMarkets And Exness
What Languages Do ThinkMarkets And Exness Support?
Being able to communicate easily with your online platform is a key part of comparing brokers to find the best broker. 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 forex.
Here you can find all the languages that both ThinkMarkets and Exness support.
How Many Clients Do ThinkMarkets and Exness Have?
Both ThinkMarkets and Exness are well established with their customer base. It is 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 clients they already work with.
Below you will find details of how many users ThinkMarkets and Exness are working with
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Broker | ThinkMarkets | Exness |
Clients / Users | 475,000+ | 10,000+ |
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What Payment Methods Do ThinkMarkets and Exness Accept?
ThinkMarkets and Exness 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 Exness
What Can You Trade With ThinkMarkets and Exness?
ThinkMarkets offers 1500 trading instruments and Exness offers 100.
Below you will find a full breakdown of what both ThinkMarkets and Exness offer.
Compare ThinkMarkets To All Other Brokers
Compare Exness To All Other Brokers
ThinkMarkets Review
ThinkMarkets vs Exness:
Table Of Contents
- Compare ThinkMarkets vs Exness
- Benefits of ThinkMarkets and Exness Compared
- Exness and ThinkMarkets Mobile App Comparison
- ThinkMarkets vs Exness - Awards
- ThinkMarkets vs Exness - Frequently Asked Questions
- What is the minimum deposit for Exness or ThinkMarkets
- ThinkMarkets vs Exness - Regulation And Licencing In More Detail
- Compare Broker Fees For ThinkMarkets And Exness
- What Languages Do ThinkMarkets And Exness Support?
- How Many Clients Do ThinkMarkets and Exness Have?
- What Payment Methods Do ThinkMarkets and Exness Accept?
- What Can You Trade With ThinkMarkets and Exness?