onetrade vs ThinkMarkets, Who's Better?
onetrade Rating
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ThinkMarkets Rating
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Your capital is at risk |
71.89% of retail investor accounts lose money when trading CFDs with this provider. |
onetrade vs ThinkMarkets Guide |
Read our In-Depth onetrade vs ThinkMarkets Review - Updated for 2024
Our review comparing onetrade and ThinkMarkets has been refreshed for 2024 by knowledgeable insiders boasting significant financial experience across Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of onetrade vs ThinkMarkets does not apply to all countries as follows:
onetrade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
ThinkMarkets Excluded Countries
United States of America, Canada, Russian Federation, and Belgium.
Compare onetrade vs ThinkMarkets
Every platforms for online trading will have a few pros and cons, so a complete analysis of onetrade vs ThinkMarkets should not be complete without embracing a balanced approach.
Examine onetrade and ThinkMarkets to get a better understanding of how they line up against each before you make an account. Performing a side-by-side comparison will put things into perspective in order that you remain cognizant of the expectations.
So you are looking for a reputable broker and are choosing between onetrade or ThinkMarkets. Who is better in 2024?
This onetrade vs ThinkMarkets comparison contains the latest information so you can easily compare ThinkMarkets against onetrade.
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 will get adept at all of the concepts of broker as you keep trading. For starters, you have to choose the right broker who'll be clear with you always.
In this fast-paced world of stock markets and trading, you'll need advice to make proper decisions. A professionally direct investment program has the potential to create hefty returns. onetrade and ThinkMarkets are just two such trading platforms that will take you along with your investment into great heights. It's crucial to compare onetrade vs ThinkMarkets until you trust them with your cash.
Our onetrade vs ThinkMarkets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust onetrade and ThinkMarkets side by side.
Our entire onetrade vs ThinkMarkets Review covers all you will need to know about trading with either onetrade or ThinkMarkets. A fantastic broker can multiply your initial investments and provide you favorable profits. If you would like to make profits, you should trade with a brokerage service that contrasts with your investment goals.
There's absolutely no sure-fire method to guarantee profits; thus, you must carefully assess your agent before you select them. It's a common misconception that all agents are the same, but that's not true. Wrong judgment, initially, can put your investments in danger.
onetrade and ThinkMarkets are both brokers which have paved their way successfully to the broker world. In this review, we have tried to collate a number of the important facets of both onetrade and ThinkMarkets. This review will allow you to know whether either ThinkMarkets or onetrade is a good fit for your own investments or not. We have attempted to breakdown all of the qualities and charges for your advantage.
Benefits of onetrade and ThinkMarkets Compared
onetrade has a minimum deposit of $250 while ThinkMarkets has a $0 minimum deposit.
Why smaller minimum deposits are good and how onetrade 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.
onetrade has around 173 financial instruments while ThinkMarkets allows you to trade around 173 on their platform.
The more instruments you can trade on the onetrade 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 onetrade or ThinkMarkets.
onetrade and ThinkMarkets Contact Details
Being able to contact an online trading platform through many ways is vital. onetrade and ThinkMarkets have the following contact details and social medias that you can use.
Broker | onetrade | ThinkMarkets |
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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 | |
onetrade Twitter Account | ThinkMarkets Twitter Account | |
onetrade Facebook Page | ThinkMarkets Facebook Page | |
onetrade Instagram Account | ThinkMarkets Instagram Account | |
onetrade LinkedIn Page | ThinkMarkets LinkedIn Page | |
YouTube | onetrade YouTube Channel | ThinkMarkets YouTube Channel |
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ThinkMarkets and onetrade 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 onetrade and ThinkMarkets we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of both 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
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 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?
onetrade vs ThinkMarkets - Awards
Broker | onetrade | ThinkMarkets |
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Awards | At the time of writing this onetrade review, and despite onetrade’s impressive offering, the company has surprisingly not garnered any awards to date. |
ThinkMarkets have won many industry awards over the time they have been running as an online trading platform. We detail the most notable awards for ThinkMarkets below.
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onetrade vs ThinkMarkets - Frequently Asked Questions
onetrade vs ThinkMarkets - Headquarters And Year Of Founding
onetrade was founded in 2011 and has its headquaters in Russia.
ThinkMarkets was founded in 2010 and has its head office in Australia & United Kingdom.
What is the minimum deposit for ThinkMarkets or onetrade
The minimum deposit for onetrade is $250.
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 onetrade and ThinkMarkets are a good choice.
onetrade vs ThinkMarkets - Regulation And Licencing In More Detail
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.
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 onetrade and ThinkMarkets have a powerful set of rules for ensuring fair trading on their own platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
In accordance with their own privacy policies, customer data is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare onetrade vs ThinkMarkets Commission And Fees
onetrade and ThinkMarkets are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the companies of online brokerages are scaled better. That is, an internet broker isn't necessarily affected by the amount of customers they have.
But this doesn't mean that online brokers don't charge any fees. They charge fees of varying rates for various services to earn money. There are mainly three types of fees for this purpose.
The first sort of fees to keep an eye out for are trading fees. Whenever you make an actual trade, like buying a stock or an ETF, you are billed trading charges. In these cases, you're spending a spread, funding rate, or a commission. The kinds of trading charges and the rates vary from broker to broker.
Commissions could be fixed or determined by the traded volume. On the flip side, a spread refers to the difference between the buying and selling cost. Funding or overnight prices are people who are charged when you hold a leveraged position for longer than a day.
Aside from trading charges, online agents also charge non-trading fees. These are dependent on the actions you undertake on your account. They're charged for operations like depositing cash, not investing for lengthy periods, or withdrawals.
Generally, neither onetrade or ThinkMarkets charge high fees compared to other online brokers. For operations other agents charge for, they either do not charge a broker fee, or they charge a lesser amount. This can be beneficial for people who regularly trade, for example weekly or daily trading.
But, non-trading fees billed by onetrade and ThinkMarkets are comparatively lower. As a result, you are charged more for non-trading activities in your trading accounts, like withdrawal and deposits. These are not about the purchase and sale of assets.
This onetrade vs ThinkMarkets review for 2024 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For onetrade And ThinkMarkets
What Languages Do onetrade And ThinkMarkets Support?
Being able to chat completely with your online broker is a key part of comparing online brokers to find the best broker. Not only for support but to ensure you completely understand everything on their site and inside their app as it is a key factor to success when trading forex.
Below you will find the languages that both onetrade and ThinkMarkets offer communication in.
How Many Clients Do onetrade and ThinkMarkets Have?
Both onetrade 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 clients are using their services.
Below you will find details of how many clients onetrade and ThinkMarkets are active on their platform
Broker | onetrade | ThinkMarkets |
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Clients / Users | 142,500+ | 475,000+ |
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What Payment Methods Do onetrade and ThinkMarkets Accept?
onetrade 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 onetrade and ThinkMarkets
What Can You Trade With onetrade and ThinkMarkets?
onetrade offers 173 trading instruments whilst ThinkMarkets offers 3500.
Below you will find a full breakdown of what both onetrade and ThinkMarkets offer.
onetrade Review
onetrade vs ThinkMarkets:
Table Of Contents
- Compare onetrade vs ThinkMarkets
- Benefits of onetrade and ThinkMarkets Compared
- ThinkMarkets and onetrade Mobile App Comparison
- onetrade vs ThinkMarkets - Awards
- onetrade vs ThinkMarkets - Frequently Asked Questions
- What is the minimum deposit for ThinkMarkets or onetrade
- onetrade vs ThinkMarkets - Regulation And Licencing In More Detail
- Compare Broker Fees For onetrade And ThinkMarkets
- What Languages Do onetrade And ThinkMarkets Support?
- How Many Clients Do onetrade and ThinkMarkets Have?
- What Payment Methods Do onetrade and ThinkMarkets Accept?
- What Can You Trade With onetrade and ThinkMarkets?