CMC Markets
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78% of retail CFD accounts lose money.

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ThinkMarkets
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CMC Markets Vs. ThinkMarkets - Compare and Choose the Right One

Updated Jul 12 2022

Visit

78% of retail CFD accounts lose money.

Visit

Your Capital is at risk.

Overview

CMC Markets is a global broker headquartered in the U.K that holds 6 high value financial licenses and offers CFD trading on stocks, etfs, commodities, currencies, bonds and cryptocurrencies.

ThinkMarkets is a global broker headquartered in Australia that offers real stocks and ETFs along with CFDs on stocks, etfs, commodities, indices and cryptocurrencies accompanied by their proprietary platform: ThinkTrader.

Best For
  • Professional high volume traders looking to offset the cost of commissions through larger trades
  • Intermediate and professional traders looking for a professional custom platform with customisable layouts
  • Passive investors looking to buy, hold or transfer real shares or ETFs from ASX
  • Active traders looking to exploit their low spreads on CFDs
  • MetaTrader 4 & 5 traders looking for a convenient offering
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

5

Other Licenses

0

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

2

Other Licenses

2

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • ASIC (Australia)
  • FCA (UK)
  • IIROC (Canada)
  • MAS (Singapore)
  • BaFin (Germany)
  • FCA (UK)
  • ASIC (Australia)
  • FSAS (Seychelles)
  • FSCA (South Africa)
The Good
  • Comprehensive asset offering with more than 12,000+ tradable assets and the possibility to add data connections to exchanges to add more
  • Powerful professional platform with customisable layouts and integrated reuters feed
  • Possibility to invest in real stocks and ETFs or trade CFDs
  • Proprietary platform ThinkTrader is smooth and user friendly
  • Spreads are very competitive when compared to similar competitors
The Bad
  • High commissions on stocks and ETFs
  • Platform is not beginner friendly
  • Real stocks or ETFs are only from ASX (Australian Securities Exchange)
  • Expensive stock trading commissions ($8 flat fee for ASX shares or ETFs)
  • While their stock and ETFs offering is great, they lack variety in all other asset classes
Status
Operational Operational
Recent News

No fresh news at the moment. Check again soon!

No fresh news at the moment. Check again soon!

Key Data
⌛ Account Opening Time
1 Day 1 Day
📋 Documents Required
  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

📍 Year Founded
1989 2010
💳 Minimum Deposit
0

0 for Standard Account / $500 for Zero account

💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Paypal
  • Visa
  • Mastercard
  • Neteller
  • Skrill
  • Bank Transfer
  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Tether (USDT)
💵 Account Base Currencies
10 - AUD, GBP, CAD, EUR, NZD, NOK, PLN, SGD, SEK, USD. 6 - EUR, AUD, CHF, GBP, JPY, USD.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
US, JP, SY, ZA, IR. US, CA, SY, IR.
📊 STP Account
No No
📊 DMA Account
Yes Yes
📊 ECN Account
Yes No
Assets
📚 Available Assets

CFDs on stocks, ETFs, currencies, cryptocurrencies, commodities, indices and bonds

  • Real stocks and ETFs from ASX.
  • CFDs on stocks, ETFs, indices, commodities and cryptocurrencies.
📙 Stocks
10,169 3,100+ real shares (ASX) / 1246 CFDs
📘 Currency Pairs
330+ 47
📗 Commodities
124 11
📕 Indices
95 27
📔 ETFs
1084 103
💸 Cryptocurrencies
18 (Not available in the U.K) 21
📒 Bonds
55 N/A
📓 Options
N/A N/A
📗 Futures

CFDs on commodities futures contracts with various expiration dates.

N/A
📝 Notes:
N/A

ThinkMarkets offers both real stocks & ETFs along with CFDs on several asset classes.

Trading Experience
📈 Minimum Stock Trade Size
1 Share Fractional share trading - From 0.1 Shares
📉 Minimum ETFs Trade Size
1 ETF Fractional ETF trading - From 0.1 ETFs
📈 Minimum Crypto Trade Size
Varies per cryptocurrency (eg: 0.01 BTC) Varies per cryptocurrency (eg: from 0.01 units of BTC)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
1 Contract Varies per commodity (eg: 1 ounce of Gold)
📉 Minimum Bonds Trade Size
1 Contract N/A
📈 Minimum Futures Trade Size
1 Contract N/A
📉 Minimum Options Trade Size
N/A N/A
💪 Retail Leverage
Up to 1:30 Up to 1:30
💪 Professional Leverage
Up to 1:500 Up to 1:500
✍ Customisable Leverage
No No
🎲 Deleveraged Trading
No Yes
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
No Yes
💻 Web trader
Yes Only for MT4 and MT5.
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes Yes (Only for Standard Account)
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
No Yes
👫 Social Trading
No Yes
🔑 Guaranteed Stop-loss
Yes No
🔨 Trailing Stop-loss
Yes No
Fees
💰 Inactivity Fee

After 12 months of inactivity, CMC Markets charges a £10 inactivity fee.

No
💰 Deposit Fees
No No
💰 Withdrawal Fees
No No
💰 Commissions

Yes and they vary per share exchange location. For U.S shares, there is a minimum $10 in-and-out commission. 

  • For Standard account there are no commissions
  • For Zero account there is a commission of $3.5 per lot round turn

For real stocks and ETFs investing, there is a flat fee of $8 per trade (in-and-out) or if the trade value is above $200,000 then a 0.05% fee per trade.

Spreads
📈 EUR/USD
Dynamic - From 0.7 Pips From 0.4 Pips to 1 Pip
📉 SP500
From 60 Pips From 40 Pips
📈 GOLD
From 30 Pips From 20 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread From 20 Pips
📈 XLK (ETF - CFD)
Dynamic - Market Spread Dynamic - From $0.01
📉 BTC
N/A Dynamic - From $30
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
Yes Yes
📡 Reuters Feed
Yes No