freetrade vs ThinkMarkets, for 2024
Read our In-Depth freetrade vs ThinkMarkets Review - Updated for 2024
This freetrade vs ThinkMarkets review has been revised to reflect any changes for 2024 from industry experts boasting considerable financial experience across Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of freetrade vs ThinkMarkets does not apply to all countries as follows:
freetrade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, United States of America, and Afghanistan.
ThinkMarkets Excluded Countries
United States of America, Canada, Russian Federation, and Belgium.
Compare freetrade vs ThinkMarkets
All platforms for online trading feature certain pros and cons, and a complete review of freetrade and ThinkMarkets cannnot be regarded as thorough without adopting an objective perspective.
Assess ThinkMarkets and freetrade in order to understand the way they stack up against each prior to you create an account. Conducting a side-by-side comparison helps to put things in perspective so that you're cognizant of what to expect.
So you are looking for a broker and are choosing between freetrade or ThinkMarkets. Who is better in 2024?
This freetrade vs ThinkMarkets comparison contains the most recent information so you can easily compare ThinkMarkets against freetrade.
If you're a new entrant in the world of trading and brokers, so many facts will be confusing for you. Getting into the area of trading demands expert analyzing skills and thorough understanding. You'll get adept at all of the concepts of broker since you keep trading. For starters, you need to choose the right broker who will be clear with you constantly.
In this fast-paced world of stock markets and trading, you'll need guidance to make correct decisions. A professionally lead investment plan has the potential to create hefty returns. freetrade and ThinkMarkets are two such companies that will take you and your investment to great heights. It is crucial to compare freetrade vs ThinkMarkets until you trust them with your money.
Our freetrade vs ThinkMarkets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust freetrade and ThinkMarkets side by side.
Our full freetrade vs ThinkMarkets Review covers all you will need to know about trading with either freetrade or ThinkMarkets. A good agent can multiply your initial investments and provide you favorable profits. If you would like 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; therefore, you should carefully analyze your broker before you select them. It is a common misconception that all brokers are the same, but that's not true. Wrong judgment, in the beginning, can put your investments at risk.
freetrade and ThinkMarkets are both brokers which have paved their way successfully to the brokerage world. In this review, we have tried to collate some of the important aspects of both freetrade and ThinkMarkets. This review can allow you to understand whether either ThinkMarkets or freetrade is a fantastic fit for your investments or not. We've tried to breakdown all of the qualities and charges for your advantage.
Benefits of freetrade and ThinkMarkets Compared
freetrade has a minimum deposit of $0 while ThinkMarkets offers a $0 minimum deposit.
Why smaller minimum deposits are good and how freetrade and ThinkMarkets 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.
freetrade has around 115 financial instruments whilst ThinkMarkets has around 115 financial instruments on their platform.
The more instruments you can trade on the freetrade and ThinkMarkets 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 freetrade or ThinkMarkets.
freetrade and ThinkMarkets Contact Details
Being able to contact your broker simply is vital. freetrade and ThinkMarkets have the following contact details and social medias that you can use.
|Telephone Number||+44 203 488 2539||Australia: +61 3 9093 3400 <br>UK: +44 203 514 2374 <br>Italy: +39 023 057 9033 <br>Spain: +34 911829975|
|Address||68 Hanbury St, London, Greater London E1 5JL, GB||Level 18, 357 Collins St, Melbourne, Victoria 3000, Australia <br /><br/>Hana, 4th Floor, 70 St Mary Axe, London EC3A 8BE, United Kingdom|
|freetrade Twitter Account||ThinkMarkets Twitter Account|
|freetrade Facebook Page||ThinkMarkets Facebook Page|
|freetrade Instagram Account||ThinkMarkets Instagram Account|
|freetrade LinkedIn Page||ThinkMarkets LinkedIn Page|
|YouTube||freetrade YouTube Channel||ThinkMarkets YouTube Channel|
|Find Out More||
ThinkMarkets and freetrade 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 freetrade and ThinkMarkets will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of both apps as better than average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
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 only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
freetrade vs ThinkMarkets - Awards
freetrade have won several industry awards over the years they have been operating as an online broker. We list the most notable awards for freetrade here.
ThinkMarkets have won several industry awards over the years they have been running as a financial broker. We show the most notable awards for ThinkMarkets below.
|Find Out More||
freetrade vs ThinkMarkets - Frequently Asked Questions
freetrade vs ThinkMarkets - Headquarters And Year Of Founding
freetrade was founded in 2016 and has its headquaters in United Kingdom.
ThinkMarkets was founded in 2010 and has its head office in Australia & United Kingdom.
What is the minimum deposit for ThinkMarkets or freetrade
The minimum deposit for freetrade is $0.
The minimum deposit for ThinkMarkets 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 freetrade and ThinkMarkets are a good choice.
freetrade vs ThinkMarkets - Regulation And Licencing In More Detail
freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821).
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 .
Both freetrade and ThinkMarkets have a strong set of rules for ensuring fair trading onto their platforms. For information encryption purposes, they supply industry-standard secure socket layers (SSL).
In accordance with their individual privacy regulations, client data is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Compare freetrade vs ThinkMarkets Commission And Fees
freetrade and ThinkMarkets are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the businesses of online trading platforms are scaled better. That is, an internet broker is not necessarily influenced by the number of customers they have.
However, this does not mean that online brokers don't 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 sort of fees to look out for are trading fees. When you make an actual trade, like buying a stock or an ETF, you are billed trading fees. In such cases, you're paying a spread, funding rate, or a commission. The kinds of trading fees and the prices differ from broker to broker.
Commissions can be fixed or determined by the traded volume. On the other hand, a spread denotes the difference between the buying and selling price. Funding or overnight rates are those who are charged when you maintain a leveraged position for longer than a day.
Aside from trading charges, online brokers also bill non-trading fees. These are determined by the actions you undertake on your account. They're charged for operations like depositing money, not trading for lengthy periods, or withdrawals.
Generally, neither freetrade or ThinkMarkets charge high fees in comparison to other online agents. For operations other agents fee for, they either do not charge a broker fee, or they charge a lesser amount. This can be beneficial for those who often trade, such as daily or weekly trading.
However, non-trading fees charged by freetrade and ThinkMarkets are comparatively competitive. As a result, you are billed more for non-trading actions on your trading account, such as deposits and withdrawal. These are not about the sale and purchase of assets.
This freetrade vs ThinkMarkets review for 2024 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For freetrade And ThinkMarkets
What Languages Do freetrade And ThinkMarkets Support?
Being able to communicate completely with your online platform is a key element when comparing trading platforms to find the best broker. Not only for support but to ensure you completely understand everything on their site and inside their application as it is a key part of success when trading online.
Here you can find the languages that both freetrade and ThinkMarkets offer communication in.
How Many Clients Do freetrade and ThinkMarkets Have?
Both freetrade and ThinkMarkets are well established with their client base. It is important to work with an online broker that is professional and one of the easiest ways of understanding this is by knowing how many clients they already work with.
Below you will find details of how many customers freetrade and ThinkMarkets are working with
What Payment Methods Do freetrade and ThinkMarkets Accept?
freetrade and ThinkMarkets 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 freetrade and ThinkMarkets
What Can You Trade With freetrade and ThinkMarkets?
freetrade offers 115 trading instruments and ThinkMarkets offers 3500.
Below you will find a full breakdown of what both freetrade and ThinkMarkets offer.
freetrade vs ThinkMarkets:
Table Of Contents
- Compare freetrade vs ThinkMarkets
- Benefits of freetrade and ThinkMarkets Compared
- ThinkMarkets and freetrade Mobile App Comparison
- freetrade vs ThinkMarkets - Awards
- freetrade vs ThinkMarkets - Frequently Asked Questions
- What is the minimum deposit for ThinkMarkets or freetrade
- freetrade vs ThinkMarkets - Regulation And Licencing In More Detail
- Compare Broker Fees For freetrade And ThinkMarkets
- What Languages Do freetrade And ThinkMarkets Support?
- How Many Clients Do freetrade and ThinkMarkets Have?
- What Payment Methods Do freetrade and ThinkMarkets Accept?
- What Can You Trade With freetrade and ThinkMarkets?