ThinkMarkets vs onetrade, for 2022
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ThinkMarkets Rating: 8.03 / 10 |
onetrade Rating: 5.00 / 10 |
71.89% of retail investor accounts lose money when trading CFDs with this provider. |
Your capital is at risk |
ThinkMarkets vs onetrade Guide |
Read our In-Depth ThinkMarkets vs onetrade Review - for 2022
This ThinkMarkets vs onetrade 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 onetrade review does not apply to all countries as follows:
ThinkMarkets Excluded Countries
United States of America, Canada, Russian Federation, and Belgium.
onetrade 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 onetrade. Who should you choose?
This ThinkMarkets vs onetrade review contains the most recent information so you can easily compare onetrade 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 area of trading demands expert analyzing skills and comprehensive knowledge. You will acquire proficient at all the concepts of brokerage as you continue trading. For starters, you need to select the ideal broker who'll be clear with you constantly.
In this fast-paced universe of stock markets and trading, you will need guidance to make correct decisions. A professionally direct investment plan has the potential to generate hefty returns. ThinkMarkets and onetrade are just two such companies that will take you along with your investment to great heights. It's important to compare ThinkMarkets vs onetrade before you trust them with your cash.
Our ThinkMarkets vs onetrade comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust ThinkMarkets and onetrade side by side.
Our full ThinkMarkets vs onetrade Review covers everything you need to know about trading with either ThinkMarkets or onetrade. A fantastic broker can multiply your first investments and provide you favorable profits. If you would like to make profits, you should trade with a broker service that contrasts with your investing objectives.
There's absolutely no sure-fire way to ensure profits; thus, you must carefully analyze your broker before you choose them. It's a common misconception that all brokers will be the same, but that's not correct. Wrong judgment, in the beginning, can set your investments in danger.
ThinkMarkets and onetrade are both brokers which 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 onetrade. This review will help you to understand whether either onetrade or ThinkMarkets is a fantastic fit for your own investments or not. We have attempted to breakdown all the features and fees for your advantage.
Compare ThinkMarkets vs onetrade
Every online trading platform has some ups and downs, and no ThinkMarkets and onetrade review would be complete without having a balanced approach. Compare ThinkMarkets and onetrade 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 onetrade Compared
ThinkMarkets has a minimum deposit of $0 while onetrade offers a $250 minimum deposit.
Why smaller minimum deposits are good and how ThinkMarkets and onetrade 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 onetrade allows you to trade around 1500 financial instruments available.
The more instruments you can trade on the ThinkMarkets and onetrade 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 onetrade.
ThinkMarkets and onetrade Contact Details
Being able to contact your broker easily is a sign of a professional broker. ThinkMarkets and onetrade have the following contact details and social medias that you can use.
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Broker | ThinkMarkets | onetrade |
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 | onetrade Twitter Account | |
ThinkMarkets Facebook Page | onetrade Facebook Page | |
ThinkMarkets Instagram Account | onetrade Instagram Account | |
ThinkMarkets LinkedIn Page | onetrade LinkedIn Page | |
YouTube | ThinkMarkets YouTube Channel | onetrade YouTube Channel |
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onetrade 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 onetrade we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of the apps as better than average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
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 onetrade - Awards
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Broker | ThinkMarkets | onetrade |
Awards |
ThinkMarkets have won several industry awards over the years they have been operating as an online broker. We detail the most notable awards for ThinkMarkets below.
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At the time of writing this onetrade review, and despite onetrade’s impressive offering, the company has surprisingly not garnered any awards to date. |
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ThinkMarkets vs onetrade - Frequently Asked Questions
ThinkMarkets vs onetrade - Headquarters And Year Of Founding
ThinkMarkets was founded in 2010 and has its headquaters in Australia & United Kingdom.
onetrade was founded in 2011 and has its headquaters in Russia.
What is the minimum deposit for onetrade or ThinkMarkets
The minimum deposit for ThinkMarkets is $0.
The minimum deposit for onetrade is $250.
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 onetrade are a good choice.
ThinkMarkets vs onetrade - 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 .
onetrade 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-F290.
Both ThinkMarkets and onetrade have a strong collection of rules for ensuring honest trading on their own platforms. For information encryption purposes, they supply 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 onetrade Commission And Fees
ThinkMarkets and onetrade are online broker platforms, and most online brokerages charge lower prices 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 online broker isn't necessarily affected by the number of customers they have.
But this doesn't mean that online brokers do not charge any fees. They charge prices of varying rates for various services to make money. There are mainly three different types of fees for this objective.
The first sort of fees to look out for are trading charges. Whenever you make an actual trade, like purchasing a stock or an ETF, you are charged trading charges. In such instances, you are spending a spread, funding rate, or even a commission. The kinds of trading charges and the rates differ from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the flip side, a spread refers to the difference between the buying and selling price. Financing or overnight rates are people who are billed when you hold a leveraged position for longer than daily.
Aside from trading charges, online brokers also charge non-trading fees. These are determined by the actions you undertake on your account. They are charged for operations like depositing cash, not trading for lengthy periods, or withdrawals.
Generally, neither ThinkMarkets or onetrade charge high fees in comparison to other online brokers. For operations other agents charge for, they either do not charge a brokerage fee, or they charge a smaller sum. This is beneficial for people who regularly exchange, such as weekly or daily trading.
But, non-trading fees charged by ThinkMarkets and onetrade are relatively lower. As a result, you're charged more for non-trading activities in your trading account, like withdrawal and deposits. These aren't related to the purchase and sale of assets.
This ThinkMarkets vs onetrade review for 2022 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For ThinkMarkets And onetrade
What Languages Do ThinkMarkets And onetrade Support?
Being able to talk completely with your trading platform is a key part of comparing brokers to find your perfect broker. Not only for support but to be sure you completely understand everything on their website and inside their app as it is a key factor to success when trading forex.
Below you can find the languages that both ThinkMarkets and onetrade offer communication in.
How Many Clients Do ThinkMarkets and onetrade Have?
Both ThinkMarkets and onetrade are well known and trusted. It is really important to work with an online broker that is reputable and one of the easiest ways of establishing this is by knowing how many clients are using their services.
Below you will find details of how many customers ThinkMarkets and onetrade are working with
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Broker | ThinkMarkets | onetrade |
Clients / Users | 475,000+ | 142,500+ |
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What Payment Methods Do ThinkMarkets and onetrade Accept?
ThinkMarkets and onetrade 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 onetrade
What Can You Trade With ThinkMarkets and onetrade?
ThinkMarkets offers 1500 trading instruments and onetrade offers 173.
Below you will find a full breakdown of what both ThinkMarkets and onetrade offer.
Compare ThinkMarkets To All Other Brokers
Compare onetrade To All Other Brokers
ThinkMarkets Review
ThinkMarkets vs onetrade:
Table Of Contents
- Compare ThinkMarkets vs onetrade
- Benefits of ThinkMarkets and onetrade Compared
- onetrade and ThinkMarkets Mobile App Comparison
- ThinkMarkets vs onetrade - Awards
- ThinkMarkets vs onetrade - Frequently Asked Questions
- What is the minimum deposit for onetrade or ThinkMarkets
- ThinkMarkets vs onetrade - Regulation And Licencing In More Detail
- Compare Broker Fees For ThinkMarkets And onetrade
- What Languages Do ThinkMarkets And onetrade Support?
- How Many Clients Do ThinkMarkets and onetrade Have?
- What Payment Methods Do ThinkMarkets and onetrade Accept?
- What Can You Trade With ThinkMarkets and onetrade?