ThinkMarkets Vs. Saxo Bank - Compare Trustworthiness, Capabilities, Fees and Legitimacy

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.

Saxo Bank is a Danish investment bank operating since 1992. It is one of the most regulated brokerages in the world with an exceptional selection of financial instruments.

• 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 investors looking to trade a variety of markets
• High net worth traders or investors

• FCA (UK)
• ASIC (Australia)
• FSAS (Seychelles)
• FSCA (South Africa)

• ASIC (Australia)
• HKMA (Hong Kong)
• ADGM (United Arab Emirates)
• FINMA (Switzerland)
• MAS (Singapore)
• FFAJ (Japan)
• AFM (Netherlands)

• 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

• Exceptional selection of financial instruments at one place
• 2 highly-customizable proprietary trading platforms
• API integration for 3rd party services like Excel or TradingView

• 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 minimum deposit for certain countries
• Withdrawals via bank transfer only
• High fees on options and futures

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• 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.

• Visa
• Mastercard
• Neteller
• Skrill
• Bank Transfer
• Bitcoin (BTC)
• Ethereum (ETH)
• Tether (USDT)

• Visa
• Mastercard
• Bank Transfer

US, CA, SY, IR.

US, BR, ES, IN, KE, MX, NG, PK, ZA.

Up to $150 after 6 months of inactivity, £25 after one quarter in the UK.

• 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.

$0.02/share (min $10) for US Stocks, from 0.10% (min €10) for other equity markets, €4 per futures contract.