IC Markets vs ThinkMarkets, Who's Better?
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IC Markets Rating
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ThinkMarkets Rating
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Losses can exceed deposits |
71.89% of retail investor accounts lose money when trading CFDs with this provider. |
IC Markets vs ThinkMarkets Guide |
Read our In-Depth IC Markets vs ThinkMarkets Review - Updated for 2025
This review comparing IC Markets and ThinkMarkets has been revised to reflect any changes for 2025 by knowledgeable insiders boasting extensive expertise across Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of IC Markets vs ThinkMarkets does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
ThinkMarkets Excluded Countries
United States of America, Canada, Russian Federation, and Belgium.
Compare IC Markets vs ThinkMarkets
Each platforms for online trading feature some pros and cons, and any comprehensive analysis of IC Markets vs ThinkMarkets would not be regarded as thorough without embracing a balanced approach.
Examine IC Markets and ThinkMarkets to understand how they stack up to each other prior to you create an account. A comprehensive comparison can place factors in perspective to ensure that you are informed about the expectations.
So you are looking for a broker and are choosing between IC Markets or ThinkMarkets. Who should you choose?
This IC Markets vs ThinkMarkets comparison contains the latest information so you can easily compare ThinkMarkets against IC Markets.
If you're a new entrant in the world of trading and brokers, so many details will be perplexing for you. Getting into the world of trading requires expert analyzing skills and thorough understanding. You'll acquire adept at all of the concepts of broker since you continue trading. For starters, you need to choose the ideal agent who'll be clear with you constantly.
Within this fast-paced universe of stock markets and trading, you'll need advice to make correct decisions. A professionally direct investment program has the potential to create hefty returns. IC Markets and ThinkMarkets are just two such stages that will take you along with your investment to great heights. It's crucial to compare IC Markets vs ThinkMarkets until you trust them with your money.
Our IC Markets vs ThinkMarkets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and ThinkMarkets side by side.
Our full IC Markets vs ThinkMarkets Review covers everything you need to know about trading with either IC Markets or ThinkMarkets. A good broker can multiply your first investments and provide you positive profits. If you would like to make profits, you should trade with a brokerage service that aligns with your investment objectives.
There is no sure-fire method to guarantee profits; therefore, you must carefully analyze your broker before you choose them. It's a common misconception that all agents will be the same, but that is not true. Wrong judgment, initially, can set your investments at risk.
IC Markets and ThinkMarkets are both brokers which have paved their way successfully into the brokerage world. Within this review, we've tried to collate some of the vital facets of both IC Markets and ThinkMarkets. This review will help you to know whether either ThinkMarkets or IC Markets is a fantastic fit for your investments or not. We have tried to breakdown all of the features and fees for your convenience.
Benefits of IC Markets and ThinkMarkets Compared
IC Markets has a minimum deposit of $200 while ThinkMarkets offers a $0 minimum deposit.
Why smaller minimum deposits are good and how IC Markets 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.
IC Markets has around 232 financial instruments while ThinkMarkets allows you to trade around 232 on their platform.
The more financial instruments you can trade on the IC Markets 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 IC Markets or ThinkMarkets.
IC Markets and ThinkMarkets Contact Details
Being able to contact your broker easily is a sign of a professional broker. IC Markets and ThinkMarkets have the following contact details and social medias that you can use.
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Broker | IC Markets | ThinkMarkets |
Telephone Number | +248 467 19 76 | Australia: +61 3 9093 3400 <br>UK: +44 203 514 2374 <br>Italy: +39 023 057 9033 <br>Spain: +34 911829975 |
support@icmarkets.com | support@thinkmarkets.com | |
Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | Level 18, 357 Collins St, Melbourne, Victoria 3000, Australia <br /><br/>Hana, 4th Floor, 70 St Mary Axe, London EC3A 8BE, United Kingdom |
IC Markets Twitter Account | ThinkMarkets Twitter Account | |
IC Markets Facebook Page | ThinkMarkets Facebook Page | |
IC Markets Instagram Account | ThinkMarkets Instagram Account | |
IC Markets LinkedIn Page | ThinkMarkets LinkedIn Page | |
YouTube | IC Markets YouTube Channel | ThinkMarkets YouTube Channel |
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ThinkMarkets and IC Markets 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 IC Markets and ThinkMarkets 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
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 only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
IC Markets vs ThinkMarkets - Awards
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Broker | IC Markets | ThinkMarkets |
Awards |
IC Markets have won a lot of industry awards over the time they have been operating as a financial broker. We list the most recognised awards for IC Markets below.
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ThinkMarkets have won a lot of industry awards over the time they have been operating as an online broker. We detail the most recognised awards for ThinkMarkets here.
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Find Out More |
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IC Markets vs ThinkMarkets - Frequently Asked Questions
IC Markets vs ThinkMarkets - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its headquaters in Australia.
ThinkMarkets was founded in 2010 and has its headquaters in Australia & United Kingdom.
What is the minimum deposit for ThinkMarkets or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for ThinkMarkets is $0.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both IC Markets and ThinkMarkets are a good choice.
IC Markets vs ThinkMarkets - Regulation And Licencing In More Detail
IC Markets is regulated by Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC).
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 IC Markets and ThinkMarkets have a powerful collection of rules for ensuring honest trading onto their individual platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).
As per their individual privacy policies, customer data is never to be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare IC Markets vs ThinkMarkets Commission And Fees
IC Markets and ThinkMarkets are online brokerage platforms, and most 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 much better. In other words, an internet broker is not necessarily influenced by the amount of customers they have.
But this does not mean that online brokers do not charge any fees. They charge prices of varying rates for various services to earn money. There are primarily three types of penalties for this objective.
The first kind of charges to keep an eye out for are trading fees. When you make an actual trade, like purchasing a stock or an ETF, you're billed trading fees. In these instances, you are spending a spread, funding rate, or even a commission. The kinds of trading fees and the prices differ from broker to broker.
Commissions could be fixed or determined by the traded volume. On the other hand, a spread denotes the difference between the buying and selling cost. Financing or overnight rates are people that are charged when you hold a leveraged position for more than a day.
Apart from trading fees, online agents also bill non-trading fees. These are dependent on the actions you undertake on your account. They're billed for operations like depositing cash, not investing for long periods, or withdrawals.
Generally, neither IC Markets or ThinkMarkets charge high fees in comparison to other online brokers. For operations other brokers fee for, they do not charge a broker fee, or they charge a smaller amount. This is beneficial for those who regularly exchange, for example daily or weekly trading.
But, non-trading fees charged by IC Markets and ThinkMarkets are comparatively higher. As a result, you're billed more for non-trading activities in your trading accounts, such as withdrawal and deposits. These are not about the purchase and sale of assets.
This IC Markets vs ThinkMarkets review for 2025 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For IC Markets And ThinkMarkets
What Languages Do IC Markets And ThinkMarkets Support?
Being able to chat completely with your online 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 application as it is a key part of success when trading forex.
Below you can find all the languages that both IC Markets and ThinkMarkets offer communication in.
How Many Clients Do IC Markets and ThinkMarkets Have?
Both IC Markets and ThinkMarkets are well known and trusted. It is really important to work with an online broker that is reputable and one of the most simple ways of establishing this is by knowing how many customers are using their services.
Below you will find details of how many clients IC Markets and ThinkMarkets are active on their platform
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Broker | IC Markets | ThinkMarkets |
Clients / Users | 60,000+ | 475,000+ |
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What Payment Methods Do IC Markets and ThinkMarkets Accept?
IC Markets 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 IC Markets and ThinkMarkets
What Can You Trade With IC Markets and ThinkMarkets?
IC Markets offers 232 trading instruments and ThinkMarkets offers 3500.
Below you will find a full breakdown of what both IC Markets and ThinkMarkets offer.
IC Markets Review
IC Markets vs ThinkMarkets:
Table Of Contents
- Compare IC Markets vs ThinkMarkets
- Benefits of IC Markets and ThinkMarkets Compared
- ThinkMarkets and IC Markets Mobile App Comparison
- IC Markets vs ThinkMarkets - Awards
- IC Markets vs ThinkMarkets - Frequently Asked Questions
- What is the minimum deposit for ThinkMarkets or IC Markets
- IC Markets vs ThinkMarkets - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And ThinkMarkets
- What Languages Do IC Markets And ThinkMarkets Support?
- How Many Clients Do IC Markets and ThinkMarkets Have?
- What Payment Methods Do IC Markets and ThinkMarkets Accept?
- What Can You Trade With IC Markets and ThinkMarkets?