ThinkMarkets Vs. Forex.com - Compare and Choose the Right One


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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.	Forex.com is a global broker headquartered in the U.S and part of StoneX (publicly traded company on NASDAQ) that specialises in offering CFDs based on commodities, currencies, indices, stocks, ETFs, shares, 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	Traders of all levels (beginner to advanced) looking for competitive pricing Trades of all levels looking for a great platform variety High volume traders looking for ECN or DMA accounts offering deep liquidity for large trades
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 4 Other Licenses 2 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
FCA (UK) ASIC (Australia) FSAS (Seychelles) FSCA (South Africa)	FINRA (United States) FCA (UK) FFAJ (Japan) IIROC (Canada) CySec (Cyprus) CIMA (Cayman Islands)
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	Great platform offering (Proprietary, TradingView, MetaTrader 4 & 5) Excellent asset offering (more than 5,000+ instruments) Competitive spreads in some of their assets
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	Despite presenting a great customisable platform, it still feels messy and not intuitive to use Commissions are expensive when compared to similar competitors
Status
Operational	Operational
Recent News
N/A	N/A
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	2001
💳 Minimum Deposit
0 for Standard Account / $500 for Zero account	$100
💰 Payment Methods
Visa Mastercard Neteller Skrill Bank Transfer Bitcoin (BTC) Ethereum (ETH) Tether (USDT)	Visa Mastercard Skrill Neteller Bank Transfer
💵 Account Base Currencies
6 - EUR, AUD, CHF, GBP, JPY, USD.	6 - GBP, USD, EUR, AUD, JPY, CHF.
🗽 Available to U.S Citizens
No	Yes
❌ Restricted Countries
US, CA, SY, IR.	None
📊 STP Account
No	Yes
📊 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 currencies, commodities, indices, bonds, shares and cryptocurrencies.
📙 Stocks
3,100+ real shares (ASX) / 1246 CFDs	4,500+
📘 Currency Pairs
47	93
📗 Commodities
11	35
📕 Indices
27	24
📔 ETFs
103	700+
💸 Cryptocurrencies
21	5
📒 Bonds
N/A	14
📓 Options
N/A	N/A
📗 Futures
N/A	N/A
📝 Notes:
ThinkMarkets offers both real stocks & ETFs along with CFDs on several asset classes.	All of Forex.com’s assets are CFDs.
Trading Experience
📈 Minimum Stock Trade Size
Fractional share trading - From 0.1 Shares	Varies per share (eg: 0.3 AMZN shares)
📉 Minimum ETFs Trade Size
Fractional ETF trading - From 0.1 ETFs	Varies per ETF (eg: 5 contracts of XLK)
📈 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)	Varies per commodity (eg: 1 contract of Gold)
📉 Minimum Bonds Trade Size
N/A	Varies per Bond (eg: 1 contract of Euro Bobl)
📈 Minimum Futures Trade Size
N/A	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
Yes	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
Yes	Yes
💻 Web trader
Only for MT4 and MT5.	Yes
💻 TradingView Platform
No	Yes
💻 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	No
🔨 Trailing Stop-loss
No	Yes
Fees
💰 Inactivity Fee
No	Yes, $15 monthly after 1 year of inactivity.
💰 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 depending on account type. Standard account has no commissions “Commission Account” and “DMA Account” have a flat $5 fee commission per lot round turn
Spreads
📈 EUR/USD
From 0.4 Pips to 1 Pip	Dynamic - From 0.8 Pips
📉 SP500
From 40 Pips	From 60 Pips
📈 GOLD
From 20 Pips	From 50 Pips
📉 TSLA (Stock CFD)
From 20 Pips	Dynamic - Market Spread
📈 XLK (ETF - CFD)
Dynamic - From $0.01	Dynamic - Market Spread
📉 BTC
Dynamic - From $30	From $120
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
Yes	Yes
📡 Reuters Feed
No	Yes