ThinkMarkets vs eOption, Who's The Best?
ThinkMarkets Rating: 8.03 / 10
eOption Rating: 2.46 / 10
71.89% of retail investor accounts lose money when trading CFDs with this provider.
Your capital is at risk
ThinkMarkets vs eOption Guide
Read our In-Depth ThinkMarkets vs eOption Review - 2022 Update
This ThinkMarkets vs eOption 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 eOption review does not apply to all countries as follows:
ThinkMarkets Excluded Countries
United States of America, Canada, Russian Federation, and Belgium.
eOption 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 eOption. Which one is best in 2022?
Our ThinkMarkets vs eOption review contains the latest information so you can easily compare eOption against ThinkMarkets.
If you are a new entrant in the realm of trading and brokerages, so many nuances will be confusing for you. Getting into the world of trading requires expert analyzing skills and comprehensive knowledge. You will acquire adept at all of the concepts of brokerage as you continue trading. For starters, you need to select the ideal broker who'll be transparent with you constantly.
In this fast-paced universe of stock markets and trading, you will need advice to make correct decisions. A professionally lead investment plan has the potential to generate hefty returns. ThinkMarkets and eOption are just two such stages that will take you along with your investment to great heights. It's crucial to compare ThinkMarkets vs eOption before you trust them with your cash.
Our ThinkMarkets vs eOption comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust ThinkMarkets and eOption side by side.
Our full ThinkMarkets vs eOption Review covers everything you need to learn about trading with either ThinkMarkets or eOption. A good broker can multiply your first investments and give you positive profits. If you want to earn profits, you must trade with a brokerage service that contrasts with your investment objectives.
There's absolutely no sure-fire method to guarantee profits; thus, you must carefully analyze your agent before you select them. It is a common misconception that all brokers are the same, but that is not true. Wrong judgment, in the beginning, can set your investments at risk.
ThinkMarkets and eOption are both brokers that have paved their way successfully into the broker world. In this review, we have attempted to collate a number of the important facets of both ThinkMarkets and eOption. This review will allow you to know whether either eOption or ThinkMarkets is a good fit for your investments or not. We've tried to breakdown all the features and charges for your convenience.
Compare ThinkMarkets vs eOption
Every online trading system will have a few ups and downs, and no ThinkMarkets and eOption review would be complete without having a balanced approach. Compare ThinkMarkets and eOption 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 eOption Compared
ThinkMarkets offers a minimum deposit of $0 while eOption has a $500 minimum deposit.
Why smaller minimum deposits are good and how ThinkMarkets and eOption 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 eOption has around 1500 available.
The more financial instruments you can trade on the ThinkMarkets and eOption 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 eOption.
ThinkMarkets and eOption Contact Details
Being able to contact an online trading platform through many ways is important. ThinkMarkets and eOption 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||eOption Twitter Account|
|ThinkMarkets Facebook Page||eOption Facebook Page|
|ThinkMarkets Instagram Account||eOption Instagram Account|
|ThinkMarkets LinkedIn Page||eOption LinkedIn Page|
|YouTube||ThinkMarkets YouTube Channel||eOption YouTube Channel|
|Find Out More||
eOption 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.
This part of comparing ThinkMarkets and eOption will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of both 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.
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 have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
ThinkMarkets vs eOption - 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 eOption review, and despite eOption’s impressive offering, the company has surprisingly not garnered any awards to date.|
|Find Out More||
ThinkMarkets vs eOption - Frequently Asked Questions
ThinkMarkets vs eOption - Headquarters And Year Of Founding
ThinkMarkets was founded in 2010 and has its head office in Australia & United Kingdom.
eOption was founded in 2008 and has its head office in USA.
What is the minimum deposit for eOption or ThinkMarkets
The minimum deposit for ThinkMarkets is $0.
The minimum deposit for eOption is $500.
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 eOption are a good choice.
ThinkMarkets vs eOption - 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 .
eOption is regulated by Unregulated.
eOption is unregulated but ThinkMarkets has a powerful collection of rules for ensuring fair trading onto its own platforms. For data encryption purposes, they supply industry-standard secure socket layer (SSL).
Compare ThinkMarkets vs eOption Commission And Fees
ThinkMarkets and eOption are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the businesses of online trading platforms are scaled better. That is, an internet broker isn't necessarily affected by the amount of clients they have.
However, this does not necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for various services to make money. There are mainly three types of fees for this purpose.
The first sort of fees to keep an eye out for are trading fees. When you make a genuine trade, like buying a stock or an ETF, you're billed trading fees. In such cases, you're spending a spread, financing rate, or a commission. The kinds of trading charges 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 prices are those that are charged when you maintain a leveraged position for more than daily.
Apart from trading fees, online agents also bill non-trading fees. These are determined by the activities you undertake on your accounts. They're billed for surgeries like depositing money, not trading for long periods, or withdrawals.
In general, neither ThinkMarkets or eOption charge high fees compared to other online agents. 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 regularly trade, for example daily or weekly trading.
However, non-trading fees charged by ThinkMarkets and eOption are relatively competitive. As a result, you are billed more for non-trading actions in your trading accounts, like deposits and withdrawal. These are not related to the purchase and sale of resources.
This ThinkMarkets vs eOption review for 2022 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For ThinkMarkets And eOption
What Languages Do ThinkMarkets And eOption Support?
Being able to chat easily with your trading broker is a key element when comparing trading platforms to find your perfect broker. Not only for support but to ensure you completely understand everything on their site and inside their app as it is a key part of success when trading online.
Below you can find the languages that both ThinkMarkets and eOption support.
How Many Clients Do ThinkMarkets and eOption Have?
Both ThinkMarkets and eOption are well established with their customer base. It is important to work with an online 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 clients ThinkMarkets and eOption are working with
|Clients / Users||475,000+||10,000+|
|Find Out More||
What Payment Methods Do ThinkMarkets and eOption Accept?
ThinkMarkets and eOption 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 eOption
What Can You Trade With ThinkMarkets and eOption?
ThinkMarkets offers 1500 trading instruments while eOption offers 274.
Below you will find a full breakdown of what both ThinkMarkets and eOption offer.
Compare ThinkMarkets To All Other Brokers
Compare eOption To All Other Brokers
ThinkMarkets vs eOption:
Table Of Contents
- Compare ThinkMarkets vs eOption
- Benefits of ThinkMarkets and eOption Compared
- eOption and ThinkMarkets Mobile App Comparison
- ThinkMarkets vs eOption - Awards
- ThinkMarkets vs eOption - Frequently Asked Questions
- What is the minimum deposit for eOption or ThinkMarkets
- ThinkMarkets vs eOption - Regulation And Licencing In More Detail
- Compare Broker Fees For ThinkMarkets And eOption
- What Languages Do ThinkMarkets And eOption Support?
- How Many Clients Do ThinkMarkets and eOption Have?
- What Payment Methods Do ThinkMarkets and eOption Accept?
- What Can You Trade With ThinkMarkets and eOption?