ThinkMarkets vs fxglobe, Who's Better?
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ThinkMarkets Rating: 8.03 / 10 |
fxglobe Rating: 4.20 / 10 |
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71.89% of retail investor accounts lose money when trading CFDs with this provider. |
Your capital is at risk |
ThinkMarkets vs fxglobe Guide |
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Read our In-Depth ThinkMarkets vs fxglobe Review - for 2022
This ThinkMarkets vs fxglobe 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 fxglobe review does not apply to all countries as follows:
ThinkMarkets Excluded Countries
United States of America, Canada, Russian Federation, and Belgium.
fxglobe 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 fxglobe. Who is better in 2022?
Our ThinkMarkets vs fxglobe review contains the latest information so you can easily compare fxglobe against ThinkMarkets.
If you are a new entrant in the world of trading and brokers, so many facts will be perplexing for you. Getting into the area of trading requires expert assessing skills and comprehensive understanding. You will acquire proficient at all the concepts of broker as you continue trading. For starters, you have to select the right agent who'll be clear with you always.
In this fast-paced world of stock markets and trading, you'll need guidance to make correct decisions. A professionally direct investment plan has the potential to create hefty returns. ThinkMarkets and fxglobe are two such trading platforms which will take you along with your investment into great heights. It is important to compare ThinkMarkets vs fxglobe before you trust them with your cash.
Our ThinkMarkets vs fxglobe comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust ThinkMarkets and fxglobe side by side.
Our entire ThinkMarkets vs fxglobe Review covers everything you need to know about trading using either ThinkMarkets or fxglobe. A fantastic agent can multiply your initial investments and provide you favorable profits. If you would like to make profits, you must trade with a brokerage service that aligns with your investment goals.
There is no sure-fire way to guarantee profits; therefore, you must carefully analyze your agent before you choose them. It's a frequent misconception that all brokers will be the same, but that is not true. Wrong judgment, in the beginning, can put your investments in danger.
ThinkMarkets and fxglobe are both brokers which have found their way successfully into the broker world. In this review, we have tried to collate some of the important facets of both ThinkMarkets and fxglobe. This review will help you to know whether either fxglobe or ThinkMarkets is a good match for your investments or not. We have tried to breakdown all of the qualities and charges for your convenience.
Compare ThinkMarkets vs fxglobe
Every online trading platform will have some pros and cons, and no ThinkMarkets and fxglobe review would be complete without showing both sides. Compare ThinkMarkets and fxglobe 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 fxglobe Compared
ThinkMarkets has a minimum deposit of $0 while fxglobe has a $250 minimum deposit.
Why smaller minimum deposits are good and how ThinkMarkets and fxglobe 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 fxglobe allows you to trade around 1500 available.
The more instruments you can trade on the ThinkMarkets and fxglobe 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 fxglobe.
ThinkMarkets and fxglobe Contact Details
Being able to contact your broker easily is important. ThinkMarkets and fxglobe have the following contact details and social medias that you can use.
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| Broker | ThinkMarkets | fxglobe |
| 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 | fxglobe Twitter Account | |
| ThinkMarkets Facebook Page | fxglobe Facebook Page | |
| ThinkMarkets Instagram Account | fxglobe Instagram Account | |
| ThinkMarkets LinkedIn Page | fxglobe LinkedIn Page | |
| YouTube | ThinkMarkets YouTube Channel | fxglobe YouTube Channel |
| Find Out More |
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fxglobe 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 fxglobe we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of the apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
While most brokers are good at this, there are some poor ones. 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 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 fxglobe - Awards
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| Broker | ThinkMarkets | fxglobe |
| 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.
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At the time of writing this fxglobe review, and despite fxglobe’s impressive offering, the company has surprisingly not garnered any awards to date. |
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ThinkMarkets vs fxglobe - Frequently Asked Questions
ThinkMarkets vs fxglobe - Headquarters And Year Of Founding
ThinkMarkets was founded in 2010 and has its head office in Australia & United Kingdom.
fxglobe was founded in 2012 and has its headquaters in Malta.
What is the minimum deposit for fxglobe or ThinkMarkets
The minimum deposit for ThinkMarkets is $0.
The minimum deposit for fxglobe is $250.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both ThinkMarkets and fxglobe are a good choice.
ThinkMarkets vs fxglobe - 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 .
fxglobe is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F243.
Both ThinkMarkets and fxglobe have a powerful collection of rules for ensuring honest trading onto their platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
In accordance with their individual privacy regulations, client information is to not be shared with any other institutions or individuals. Including credit history and other financial information.
Compare ThinkMarkets vs fxglobe Commission And Fees
ThinkMarkets and fxglobe are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the companies of online trading platforms are scaled better. In other words, an internet broker isn't necessarily affected by the amount of clients they have.
However, this doesn't mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to make money. There are mainly three types of fees for this purpose.
The first kind of fees to look out for are trading charges. Whenever you make a genuine trade, like purchasing a stock or an ETF, you are billed trading fees. In such cases, you are spending a spread, financing speed, or even a commission. The sorts of trading fees and the prices vary 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. Financing or overnight rates are people who 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 determined by the activities you undertake on your accounts. They're charged for operations like depositing cash, not investing for lengthy periods, or withdrawals.
Generally, neither ThinkMarkets or fxglobe 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 lesser sum. This is beneficial for those who regularly exchange, such as weekly or daily trading.
However, non-trading fees charged by ThinkMarkets and fxglobe are relatively greater. Consequently, you're charged more for non-trading activities in your trading accounts, such as withdrawal and deposits. These aren't related to the sale and purchase of resources.
This ThinkMarkets vs fxglobe review for 2022 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For ThinkMarkets And fxglobe
What Languages Do ThinkMarkets And fxglobe Support?
Being able to chat easily with your online broker is a key way of comparing trading platforms to find the best broker. Not only for support but to be sure you completely understand everything on their site and inside their application as it is a key part of success when trading forex.
Below you will find all the languages that both ThinkMarkets and fxglobe offer communication in.
How Many Clients Do ThinkMarkets and fxglobe Have?
Both ThinkMarkets and fxglobe are well known and trusted. It is important to work with a broker that is reputable and one of the most simple ways of understanding this is by knowing how many clients are using their services.
Below you will find details of how many customers ThinkMarkets and fxglobe are active on their platform
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| Broker | ThinkMarkets | fxglobe |
| Clients / Users | 475,000+ | 10,000+ |
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What Payment Methods Do ThinkMarkets and fxglobe Accept?
ThinkMarkets and fxglobe 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 fxglobe
What Can You Trade With ThinkMarkets and fxglobe?
ThinkMarkets offers 1500 trading instruments and fxglobe offers 126.
Below you will find a full breakdown of what both ThinkMarkets and fxglobe offer.
Compare ThinkMarkets To All Other Brokers
Compare fxglobe To All Other Brokers
