ThinkMarkets vs Robinhood, Who's Better?
ThinkMarkets Rating: 8.03 / 10
Robinhood Rating: 6.98 / 10
71.89% of retail investor accounts lose money when trading CFDs with this provider.
All investments involve risks, including the possible loss of capital.
ThinkMarkets vs Robinhood Guide
Read our In-Depth ThinkMarkets vs Robinhood Review - Updated for 2022
This ThinkMarkets vs Robinhood 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 Robinhood review does not apply to all countries as follows:
ThinkMarkets Excluded Countries
United States of America, Canada, Russian Federation, and Belgium.
Robinhood Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
So you are looking for a broker and are choosing between ThinkMarkets or Robinhood. Who is better in 2022?
This ThinkMarkets vs Robinhood review contains the most recent information so you can easily compare Robinhood against ThinkMarkets.
If you're a new entrant in the world of trading and brokers, so many nuances will be perplexing for you. Getting into the area of trading demands expert analyzing skills and comprehensive understanding. You will acquire proficient at all the concepts of brokerage as you continue trading. For starters, you have to choose the right agent who will be transparent with you constantly.
Within this fast-paced universe of stock markets and trading, you will need guidance to make proper decisions. A professionally lead investment program has the potential to create hefty returns. ThinkMarkets and Robinhood are two such trading platforms which will take you along with your investment into great heights. It's crucial that you compare ThinkMarkets vs Robinhood before you trust them with your money.
Our ThinkMarkets vs Robinhood comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust ThinkMarkets and Robinhood side by side.
Our full ThinkMarkets vs Robinhood Review covers all you need to know about trading with either ThinkMarkets or Robinhood. A good agent can multiply your first investments and give you positive profits. If you want to make profits, you should trade with a broker service that aligns with your investing goals.
There's absolutely no sure-fire method to ensure profits; thus, you must carefully analyze your agent before you choose them. It's a common misconception that all brokers will be exactly the same, but that's not true. Wrong judgment, initially, can set your investments in danger.
ThinkMarkets and Robinhood are both brokers which have forged their way successfully to the broker world. In this review, we have attempted to collate a number of the important aspects of both ThinkMarkets and Robinhood. This review can allow you to understand whether either Robinhood or ThinkMarkets is a fantastic match for your investments or not. We've attempted to breakdown all the qualities and charges for your convenience.
Compare ThinkMarkets vs Robinhood
Every online trading platform has some pros and cons, and no ThinkMarkets and Robinhood review would be complete without having a balanced approach. Compare ThinkMarkets and Robinhood to understand how they stack up against each other before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
Benefits of ThinkMarkets and Robinhood Compared
ThinkMarkets offers a minimum deposit of $0 while Robinhood offers a $0 minimum deposit.
Why smaller minimum deposits are good and how ThinkMarkets and Robinhood 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 Robinhood allows you to trade around 1500 on their platform.
The more financial instruments you can trade on the ThinkMarkets and Robinhood 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 Robinhood.
ThinkMarkets and Robinhood Contact Details
Being able to contact your broker easily is vital. ThinkMarkets and Robinhood 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||+1 650 940 2700|
|Address||Level 18, 357 Collins St, Melbourne, Victoria 3000, Australia <br /><br/>Hana, 4th Floor, 70 St Mary Axe, London EC3A 8BE, United Kingdom||85 WILLOW St, Menlo Park, California 94025, US|
|ThinkMarkets Twitter Account||Robinhood Twitter Account|
|ThinkMarkets Facebook Page||Robinhood Facebook Page|
|ThinkMarkets Instagram Account||Robinhood Instagram Account|
|ThinkMarkets LinkedIn Page||Robinhood LinkedIn Page|
|YouTube||ThinkMarkets YouTube Channel||Robinhood YouTube Channel|
|Find Out More||
Robinhood 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 Robinhood will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of the apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
While most brokers are good at this, there are some poor ones. 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 Robinhood - Awards
ThinkMarkets have won numerous industry awards over the years they have been operating as an online trading platform. We list the most notable awards for ThinkMarkets below.
|At the time of writing this Robinhood review, and despite Robinhood’s impressive offering, the company has surprisingly not garnered any awards to date.|
|Find Out More||
ThinkMarkets vs Robinhood - Frequently Asked Questions
ThinkMarkets vs Robinhood - Headquarters And Year Of Founding
ThinkMarkets was founded in 2010 and has its headquaters in Australia & United Kingdom.
Robinhood was founded in 2013 and has its head office in USA.
What is the minimum deposit for Robinhood or ThinkMarkets
The minimum deposit for ThinkMarkets is $0.
The minimum deposit for Robinhood is $0.
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 Robinhood are a good choice.
ThinkMarkets vs Robinhood - 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 .
Robinhood is regulated by Financial Conduct Authority (FCA), Financial Supervision Commission (FSC).
Both ThinkMarkets and Robinhood have a powerful set of rules for ensuring honest trading on their platforms. For data encryption purposes, they provide industry-standard secure socket layers (SSL).
In accordance with their individual privacy policies, customer data is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare ThinkMarkets vs Robinhood Commission And Fees
ThinkMarkets and Robinhood are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the businesses of online trading platforms are scaled much better. In other words, an internet broker is not necessarily affected by the number of clients they have.
However, this does not necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to earn money. There are primarily 3 different types of fees for this purpose.
The first kind of fees to look out for are trading charges. When you make an actual trade, like buying a stock or an ETF, you're billed trading charges. In such instances, you are paying a spread, financing rate, or a commission. The sorts of trading charges and the prices differ from broker to broker.
Commissions can be fixed or determined by the traded volume. On the other hand, a spread refers to the gap between the buying and selling cost. Funding or overnight prices are those that are charged when you hold a leveraged position for more than a day.
Apart from trading charges, online brokers also bill non-trading fees. These are determined by the activities you undertake in your accounts. They're billed for operations like depositing cash, not investing for lengthy periods, or withdrawals.
Generally, neither ThinkMarkets or Robinhood charge high fees in comparison to other online brokers. For operations other agents fee for, they either do not charge a broker fee, or they charge a smaller sum. This is beneficial for people who often trade, such as weekly or daily trading.
However, non-trading fees charged by ThinkMarkets and Robinhood are comparatively competitive. Consequently, you're billed more for non-trading actions on your trading account, such as withdrawal and deposits. These aren't about the sale and purchase of assets.
This ThinkMarkets vs Robinhood review for 2022 breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees For ThinkMarkets And Robinhood
What Languages Do ThinkMarkets And Robinhood Support?
Being able to chat easily with your trading platform is a key element when comparing trading platforms to find the best broker. Not only for support but to ensure you understand everything on their website and inside their application as it is a key factor to success when trading forex.
Below you can find all the languages that both ThinkMarkets and Robinhood offer communication in.
How Many Clients Do ThinkMarkets and Robinhood Have?
Both ThinkMarkets and Robinhood are well established with their customer base. It is important to work with a broker that is reputable 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 users ThinkMarkets and Robinhood have
|Clients / Users||475,000+||10,000,000+|
|Find Out More||
What Payment Methods Do ThinkMarkets and Robinhood Accept?
ThinkMarkets and Robinhood 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 Robinhood
What Can You Trade With ThinkMarkets and Robinhood?
ThinkMarkets offers 1500 trading instruments and Robinhood offers 5000.
Below you will find a full breakdown of what both ThinkMarkets and Robinhood offer.
Compare ThinkMarkets To All Other Brokers
Compare Robinhood To All Other Brokers
ThinkMarkets vs Robinhood:
Table Of Contents
- Compare ThinkMarkets vs Robinhood
- Benefits of ThinkMarkets and Robinhood Compared
- Robinhood and ThinkMarkets Mobile App Comparison
- ThinkMarkets vs Robinhood - Awards
- ThinkMarkets vs Robinhood - Frequently Asked Questions
- What is the minimum deposit for Robinhood or ThinkMarkets
- ThinkMarkets vs Robinhood - Regulation And Licencing In More Detail
- Compare Broker Fees For ThinkMarkets And Robinhood
- What Languages Do ThinkMarkets And Robinhood Support?
- How Many Clients Do ThinkMarkets and Robinhood Have?
- What Payment Methods Do ThinkMarkets and Robinhood Accept?
- What Can You Trade With ThinkMarkets and Robinhood?