ThinkMarkets
Visit

Your Capital is at risk.

Vs.

CMC Markets
Visit

78% of retail CFD accounts lose money.

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

Updated May 13 2022

Visit

Your Capital is at risk.

Visit

78% of retail CFD accounts lose money.

Overview

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.

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.

Best For
  • 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
  • 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
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

2

Other Licenses

2

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

5

Other Licenses

0

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • FCA (UK)
  • ASIC (Australia)
  • FSAS (Seychelles)
  • FSCA (South Africa)
  • ASIC (Australia)
  • FCA (UK)
  • IIROC (Canada)
  • MAS (Singapore)
  • BaFin (Germany)
The Good
  • 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
  • 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
The Bad
  • 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
  • High commissions on stocks and ETFs
  • Platform is not beginner friendly
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
2010 1989
💳 Minimum Deposit

0 for Standard Account / $500 for Zero account

0
💰 Payment Methods
  • Visa
  • Mastercard
  • Neteller
  • Skrill
  • Bank Transfer
  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Tether (USDT)
  • Visa
  • Mastercard
  • Bank Transfer
  • Paypal
💵 Account Base Currencies
6 - EUR, AUD, CHF, GBP, JPY, USD. 10 - AUD, GBP, CAD, EUR, NZD, NOK, PLN, SGD, SEK, USD.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
US, CA, SY, IR. US, JP, SY, ZA, IR.
📊 STP Account
No No
📊 DMA Account
Yes Yes
📊 ECN Account
No Yes
Assets
📚 Available Assets
  • Real stocks and ETFs from ASX.
  • CFDs on stocks, ETFs, indices, commodities and cryptocurrencies.

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

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

CFDs on commodities futures contracts with various expiration dates.

📝 Notes:

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

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

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

💰 Deposit Fees
No No
💰 Withdrawal Fees
No No
💰 Commissions
  • 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.

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

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