synergy fx vs ThinkMarkets, Who's The Best?
synergy fx 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. |
synergy fx vs ThinkMarkets Guide |
Read our In-Depth synergy fx vs ThinkMarkets Review - 2024 Update
This synergy fx vs ThinkMarkets review has been refreshed for 2024 by seasoned professionals boasting years of financial experience across CFDs, Forex, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of synergy fx vs ThinkMarkets does not apply to all countries as follows:
synergy fx 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 synergy fx vs ThinkMarkets
All trading platforms has a few pros and cons, so a complete review of synergy fx and ThinkMarkets cannnot be complete without adopting an objective perspective.
Examine ThinkMarkets and synergy fx to get a better understanding of how these platforms stack up with one another before you choose to create an account. Performing a comprehensive comparison can place factors into perspective so that you're aware of what to expect.
So you are looking for a reputable broker and are choosing between synergy fx or ThinkMarkets. Who should you choose?
Our synergy fx vs ThinkMarkets comparison contains the most recent information so you can easily compare ThinkMarkets against synergy fx.
If you're a new entrant in the world of trading and brokerages, so many details will be confusing for you. Getting into the area of trading demands expert assessing skills and comprehensive knowledge. You will get proficient at all the concepts of brokerage as you continue trading. For starters, you need to choose the ideal agent who'll be transparent with you always.
Within 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. synergy fx and ThinkMarkets are just two such platforms which will take you along with your investment into great heights. It is important that you compare synergy fx vs ThinkMarkets before you trust them with your cash.
Our synergy fx vs ThinkMarkets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust synergy fx and ThinkMarkets side by side.
Our full synergy fx vs ThinkMarkets Review covers everything you will need to learn about trading using either synergy fx or ThinkMarkets. A fantastic broker can multiply your first investments and provide you favorable profits. If you want to make profits, you must trade with a broker service that contrasts with your investment objectives.
There's absolutely no sure-fire way to ensure profits; therefore, you must carefully assess your broker before you choose them. It's a frequent misconception that all brokers will be exactly the same, but that's not correct. Wrong judgment, in the beginning, can set your investments at risk.
synergy fx and ThinkMarkets are both brokers that have forged their way successfully to the brokerage world. Within this review, we've tried to collate a number of the vital aspects of both synergy fx and ThinkMarkets. This review will help you to understand whether either ThinkMarkets or synergy fx is a good match for your investments or not. We have attempted to breakdown all the features and charges for your convenience.
Benefits of synergy fx and ThinkMarkets Compared
synergy fx has a minimum deposit of $250 while ThinkMarkets has a $0 minimum deposit.
Why smaller minimum deposits are good and how synergy fx 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.
synergy fx has around 199 financial instruments whilst ThinkMarkets allows you to trade around 199 available.
The more financial instruments you can trade on the synergy fx 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 synergy fx or ThinkMarkets.
synergy fx and ThinkMarkets Contact Details
Being able to contact your broker easily is vital. synergy fx and ThinkMarkets have the following contact details and social medias that you can use.
Broker | synergy fx | 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 | |
synergy fx Twitter Account | ThinkMarkets Twitter Account | |
synergy fx Facebook Page | ThinkMarkets Facebook Page | |
synergy fx Instagram Account | ThinkMarkets Instagram Account | |
synergy fx LinkedIn Page | ThinkMarkets LinkedIn Page | |
YouTube | synergy fx YouTube Channel | ThinkMarkets YouTube Channel |
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ThinkMarkets and synergy fx 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 synergy fx and ThinkMarkets we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of both apps as better than 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?
synergy fx vs ThinkMarkets - Awards
Broker | synergy fx | ThinkMarkets |
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Awards | At the time of writing this synergy fx review, and despite synergy fx’s impressive offering, the company has surprisingly not garnered any awards to date. |
ThinkMarkets have won many 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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synergy fx vs ThinkMarkets - Frequently Asked Questions
synergy fx vs ThinkMarkets - Headquarters And Year Of Founding
synergy fx was founded in 2013 and has its headquaters in Cayman Islands.
ThinkMarkets was founded in 2010 and has its headquaters in Australia & United Kingdom.
What is the minimum deposit for ThinkMarkets or synergy fx
The minimum deposit for synergy fx is $250.
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 synergy fx and ThinkMarkets are a good option.
synergy fx vs ThinkMarkets - Regulation And Licencing In More Detail
synergy fx 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-F316.
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 synergy fx and ThinkMarkets have a strong set of rules for ensuring fair trading on their individual platforms. For data encryption functions, they supply industry-standard secure socket layers (SSL).
In accordance with their own privacy policies, customer information is to not be shared with any other institutions or individuals. Including credit history and other financial information.
Compare synergy fx vs ThinkMarkets Commission And Fees
synergy fx and ThinkMarkets are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the companies 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 doesn't mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to earn money. There are primarily three types of fees for this purpose.
The first kind of charges to keep an eye out for are trading charges. When you make a genuine trade, like buying a stock or an ETF, you are billed trading charges. In such cases, you are paying a spread, financing speed, or a commission. The kinds of trading charges and the rates differ from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the other hand, a spread refers to the difference between the buying and selling price. Funding or overnight prices are those that are charged when you maintain a leveraged position for longer than daily.
Aside from trading fees, online agents also bill non-trading fees. These are dependent on the actions you undertake in your accounts. They're charged for surgeries like depositing money, not investing for lengthy periods, or withdrawals.
In general, neither synergy fx or ThinkMarkets charge high fees compared to other online agents. For operations other agents charge for, they do not charge a broker fee, or they charge a lesser amount. This is beneficial for people who often trade, such as weekly or daily trading.
But, non-trading fees billed by synergy fx and ThinkMarkets are comparatively higher. As a result, you are billed more for non-trading actions in your trading account, such as deposits and withdrawal. These aren't related to the sale and purchase of assets.
This synergy fx vs ThinkMarkets review for 2024 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For synergy fx And ThinkMarkets
What Languages Do synergy fx And ThinkMarkets Support?
Being able to talk easily with your online platform is a key way of comparing trading platforms to find your perfect broker. Not only for support but to ensure you understand everything on their site and inside their app as it is a key part of success when trading forex.
Here you can find all the languages that both synergy fx and ThinkMarkets support.
How Many Clients Do synergy fx and ThinkMarkets Have?
Both synergy fx and ThinkMarkets are well known and trusted. It is important to work with a broker that is professional and one of the most simple ways of understanding this is by knowing how many clients are using their services.
Below you will find details of how many clients synergy fx and ThinkMarkets are active on their platform
Broker | synergy fx | ThinkMarkets |
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Clients / Users | 10,000+ | 475,000+ |
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What Payment Methods Do synergy fx and ThinkMarkets Accept?
synergy fx 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 synergy fx and ThinkMarkets
What Can You Trade With synergy fx and ThinkMarkets?
synergy fx offers 199 trading instruments whilst ThinkMarkets offers 3500.
Below you will find a full breakdown of what both synergy fx and ThinkMarkets offer.
synergy fx Review
synergy fx vs ThinkMarkets:
Table Of Contents
- Compare synergy fx vs ThinkMarkets
- Benefits of synergy fx and ThinkMarkets Compared
- ThinkMarkets and synergy fx Mobile App Comparison
- synergy fx vs ThinkMarkets - Awards
- synergy fx vs ThinkMarkets - Frequently Asked Questions
- What is the minimum deposit for ThinkMarkets or synergy fx
- synergy fx vs ThinkMarkets - Regulation And Licencing In More Detail
- Compare Broker Fees For synergy fx And ThinkMarkets
- What Languages Do synergy fx And ThinkMarkets Support?
- How Many Clients Do synergy fx and ThinkMarkets Have?
- What Payment Methods Do synergy fx and ThinkMarkets Accept?
- What Can You Trade With synergy fx and ThinkMarkets?