ThinkMarkets vs zulutrade, 2022 Update
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ThinkMarkets Rating: 8.03 / 10 |
zulutrade Rating: 6.25 / 10 |
71.89% of retail investor accounts lose money when trading CFDs with this provider. |
Your capital is at risk |
ThinkMarkets vs zulutrade Guide |
Read our In-Depth ThinkMarkets vs zulutrade Review - 2022 Update
This ThinkMarkets vs zulutrade 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 zulutrade review does not apply to all countries as follows:
ThinkMarkets Excluded Countries
United States of America, Canada, Russian Federation, and Belgium.
zulutrade 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 zulutrade. Which one is best in 2022?
Our ThinkMarkets vs zulutrade review contains the most recent information so you can easily compare zulutrade against ThinkMarkets.
If you're a new entrant in the realm of trading and brokerages, so many details will be perplexing for you. Getting into the world of trading requires expert analyzing skills and comprehensive knowledge. You'll get proficient at all the concepts of brokerage as you keep trading. For starters, you have to select the right broker who'll be clear with you always.
In this fast-paced world of stock markets and trading, you will need guidance to make correct decisions. A professionally direct investment program has the potential to create hefty returns. ThinkMarkets and zulutrade are just two such platforms that will take you along with your investment to great heights. It's important that you compare ThinkMarkets vs zulutrade until you trust them with your cash.
Our ThinkMarkets vs zulutrade comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust ThinkMarkets and zulutrade side by side.
Our full ThinkMarkets vs zulutrade Review covers all you need to learn about trading with either ThinkMarkets or zulutrade. A good agent can multiply your first investments and give you favorable profits. If you would like to make profits, you must trade with a broker service that aligns with your investing goals.
There is no sure-fire method to guarantee profits; therefore, you must carefully assess your broker before you choose them. It is a frequent misconception that all agents will be the same, but that is not true. Wrong judgment, initially, can set your investments in danger.
ThinkMarkets and zulutrade are both brokers that have found their way successfully into the brokerage world. In this review, we've tried to collate some of the important aspects of both ThinkMarkets and zulutrade. This review can help you to know whether either zulutrade or ThinkMarkets is a good fit for your investments or not. We have attempted to breakdown all of the qualities and charges for your advantage.
Compare ThinkMarkets vs zulutrade
Every online trading platform has a few pros and cons, and no ThinkMarkets and zulutrade review would be complete without having a balanced approach. Compare ThinkMarkets and zulutrade to understand how they line 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 zulutrade Compared
ThinkMarkets offers a minimum deposit of $0 while zulutrade has a $250 minimum deposit.
Why smaller minimum deposits are good and how ThinkMarkets and zulutrade 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 zulutrade has around 1500 financial instruments on their platform.
The more financial instruments you can trade on the ThinkMarkets and zulutrade 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 zulutrade.
ThinkMarkets and zulutrade Contact Details
Being able to contact an online trading platform through many ways is important. ThinkMarkets and zulutrade have the following contact details and social medias that you can use.
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Broker | ThinkMarkets | zulutrade |
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 | zulutrade Twitter Account | |
ThinkMarkets Facebook Page | zulutrade Facebook Page | |
ThinkMarkets Instagram Account | zulutrade Instagram Account | |
ThinkMarkets LinkedIn Page | zulutrade LinkedIn Page | |
YouTube | ThinkMarkets YouTube Channel | zulutrade YouTube Channel |
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zulutrade 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 zulutrade will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of the 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.
Search Functions
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 zulutrade - Awards
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Broker | ThinkMarkets | zulutrade |
Awards |
ThinkMarkets have won a lot of industry awards over the time they have been operating as a financial broker. We list the most notable awards for ThinkMarkets below.
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At the time of writing this zulutrade review, and despite zulutrade’s impressive offering, the company has surprisingly not garnered any awards to date. |
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ThinkMarkets vs zulutrade - Frequently Asked Questions
ThinkMarkets vs zulutrade - Headquarters And Year Of Founding
ThinkMarkets was founded in 2010 and has its head office in Australia & United Kingdom.
zulutrade was founded in 2019 and has its headquaters in Geneva.
What is the minimum deposit for zulutrade or ThinkMarkets
The minimum deposit for ThinkMarkets is $0.
The minimum deposit for zulutrade 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 zulutrade are a good choice.
ThinkMarkets vs zulutrade - 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 .
zulutrade 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-F334.
Both ThinkMarkets and zulutrade have a powerful set of rules for ensuring fair trading on their platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
In accordance with their own privacy regulations, client information is to not be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare ThinkMarkets vs zulutrade Commission And Fees
ThinkMarkets and zulutrade are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the companies of online trading platforms are scaled better. In other words, an online broker is not necessarily influenced by the amount of clients they have.
But this doesn't necessarily mean that online brokers don't 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 kind of charges to look out for are trading charges. Whenever you make a genuine trade, like purchasing a stock or an ETF, you are charged trading fees. In such cases, you are paying a spread, financing rate, or a commission. The sorts of trading charges and the prices differ from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the flip side, a spread refers to the difference between the buying and selling price. Financing or overnight rates are people who are charged when you maintain a leveraged position for longer than daily.
Apart from trading fees, online brokers also bill non-trading fees. These are dependent on the actions you undertake in your accounts. They are charged for operations like depositing money, not investing for long periods, or withdrawals.
In general, neither ThinkMarkets or zulutrade charge high fees in comparison to other online agents. For operations other brokers charge for, they do not charge a broker fee, or they charge a smaller sum. This can be beneficial for those who often trade, such as daily or weekly trading.
However, non-trading fees billed by ThinkMarkets and zulutrade are relatively higher. Consequently, you are charged more for non-trading activities on your trading account, like deposits and withdrawal. These aren't about the purchase and sale of assets.
This ThinkMarkets vs zulutrade review for 2022 breaks down every one of the relevant non-trading fees for you in detail.
Compare Broker Fees For ThinkMarkets And zulutrade
What Languages Do ThinkMarkets And zulutrade Support?
Being able to chat 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 application as it is a key part of success when trading forex.
Here you can find the languages that both ThinkMarkets and zulutrade support.
How Many Clients Do ThinkMarkets and zulutrade Have?
Both ThinkMarkets and zulutrade are well known and trusted. It is important to work with an online broker you can trust and one of the easiest ways of establishing this is by knowing how many customers they already work with.
Below you will find details of how many users ThinkMarkets and zulutrade are working with
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Broker | ThinkMarkets | zulutrade |
Clients / Users | 475,000+ | 10,000+ |
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What Payment Methods Do ThinkMarkets and zulutrade Accept?
ThinkMarkets and zulutrade 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 zulutrade
What Can You Trade With ThinkMarkets and zulutrade?
ThinkMarkets offers 1500 trading instruments whilst zulutrade offers 217.
Below you will find a full breakdown of what both ThinkMarkets and zulutrade offer.
Compare ThinkMarkets To All Other Brokers
Compare zulutrade To All Other Brokers
ThinkMarkets Review
ThinkMarkets vs zulutrade:
Table Of Contents
- Compare ThinkMarkets vs zulutrade
- Benefits of ThinkMarkets and zulutrade Compared
- zulutrade and ThinkMarkets Mobile App Comparison
- ThinkMarkets vs zulutrade - Awards
- ThinkMarkets vs zulutrade - Frequently Asked Questions
- What is the minimum deposit for zulutrade or ThinkMarkets
- ThinkMarkets vs zulutrade - Regulation And Licencing In More Detail
- Compare Broker Fees For ThinkMarkets And zulutrade
- What Languages Do ThinkMarkets And zulutrade Support?
- How Many Clients Do ThinkMarkets and zulutrade Have?
- What Payment Methods Do ThinkMarkets and zulutrade Accept?
- What Can You Trade With ThinkMarkets and zulutrade?