ThinkMarkets vs Trade.com

ThinkMarkets or Trade.com – which is better for UK traders 2024? Compare ThinkMarkets and Trade.com in this detailed breakdown of their platforms, features and fees.

ThinkMarkets vs Trade.com Comparison Table 2024
ThinkMarkets Trade.com
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4
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3.7
ThinkMarkets is ranked #37 among CFD brokers. Trade.com is ranked #40 among CFD brokers.
Founded in 2010, ThinkMarkets is a reputable CFD and forex broker with regulation from several top-tier bodies including the FCA and ASIC. The broker provides services to over 450,000 accounts from 11 global offices. Traders can use a bespoke platform, MT4 or MT5 to access a wide variety of assets including 3500+ stocks and ETFs, 46 forex pairs and over 20 cryptocurrencies. Trade.com is a trustworthy online broker with a global presence. The broker offers 2,100+ CFDs in major markets, as well as futures, options and more. The broker offers best-in-class platforms and superior analysis tools for experienced traders. The broker is also regulated by top-tier authorities including the FCA and CySEC.
71.89% of retail investor accounts lose money when trading CFDs with this provider. 78.60% of retail CFD accounts lose money.
Pros
  • Low fees with competitive spreads on the commission-free account and very tight spreads and a low $3.5 commission on ThinkZero
  • Unique Traders' Gym simulation tool for testing out strategies on real historical data, with multiple timeframes and custom features
  • In-depth educational resources for beginner, intermediate and advanced level traders, plus live webinars
  • Three stable and award-winning platforms plus seamless integration with the broker's Signal Centre
  • Top-tier regulation from the FCA, ASIC and CySEC plus offshore branches with high leverage
  • Free VPS hosting available for MT4 and MT5, ideal for traders using Expert Advisors (EAs)
  • Advanced charting package from TradingView in ThinkTrader Web - ideal for traders
  • Reliable 24/7 multilingual support via telephone, email or live chat
  • Quick and easy to open a ThinkMarkets account
  • Low starting deposit
  • Free demo account for new traders
  • DMA investing with low trading fees
  • Full range of investments including CFDs and spread betting
  • Advanced trading platform with a suite of analysis tools and order types
  • Support for the market-leading MetaTrader 4 platform and mobile apps
Cons
  • $500 minimum deposit for ThinkZero account
  • Not many payment methods available for UK traders
  • Limited bonus offers, refer-a-friend schemes or trading competitions
  • No bonuses for EU residents
  • Copy trading withdrawn
Awards
  • Best CFD Provider 2021 - City of London Wealth Management Awards (COLWMA)
  • Best Value Broker in Asia at the 2020 - Global Forex Awards
  • Best Forex Trading Experience 2017 - UK Forex Awards
  • Best Forex Trading Innovation 2017 - UK Forex Awards
  • Best Customer Service 2013 - UK Forex Awards
FCA Regulated
Yes Yes
Instruments
CFDs, Forex, Stocks, ETFs, Futures, Commodities, Crypto, Spread Betting (UK Only) Forex, CFDs, Indices, Shares, Commodities, ETFs, Bonds, Cryptos, Warrants, IPOs, Futures, Mutual Funds, Fixed Income, Options
Demo Account
Yes Yes
Minimum Deposit
$0 $100
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FCA, ASIC, CySEC, FSCA, JFSA, FSA Seychelles FCA, CySEC, FSC, FSCA, FINRA
Mobile Apps
iOS & Android iOS & Android
iOS App Rating
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4.8
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Android App Rating
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4
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Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
Yes No
eSignal
No No
Trading Central
Yes Yes
STP Account
Yes No
ECN Account
No No
DMA Account
No Yes
MAM Account
No Yes
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes No
Copy Trading Platform
The Signal Centre is FCA-regulated and offers insights into forex, stocks, indices, commodities, and cryptocurrencies. Users can receive up to 40 signals before the trading day starts.
Social Trading
Yes No
Trade Signals
Signal Centre Yes (MT4 & MT5)
VPS Hosting
Yes Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No Yes
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0 $25
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
  • JPY
  • CHF
  • USD
  • EUR
  • GBP
Commodities
  • Gold
  • Oil
  • Natural Gas
  • Silver
  • Platinum
  • Copper
  • Gold
  • Silver
  • Copper
  • Oil
  • Natural Gas
  • Cocoa
  • Coffee
  • Corn
  • Cotton
  • Sugar
  • Wheat
  • Palladium
  • Platinum
CFD
ThinkMarkets continues to offer an excellent range of around 3500 CFD instruments covering forex, indices, stocks and commodities. Leverage is available up to 1:30 in the EU and UK, while global clients can access up to 1:500. Access over 2,000 CFDs across diverse markets including indices, commodities and bonds. There is also premium daily analysis and strategy resources for savvy traders.
Leverage
1:500 1:30 (EU), 1:300 (Global)
FTSE Spread
0.7 1.4
GBPUSD Spread<
0.4 0.8
Oil Spread
0.03 2.0
Stocks Spread
From 0.4 Variable
Forex
ThinkMarkets offers 46 currency pairs, which is around the industry average. Forex traders can benefit from tight 0.0-pip spreads for EUR/USD during peak market hours. Additionally, the ThinkTrader proprietary platform offers an impressive 125+ technical indicators - ideal for complex forex strategies. As well as a competitive selection of 55+ forex pairs, traders can access high leverage up to 1:300. You can also enjoy advanced analysis from Trading Central with easy integration into MetaTrader 4.
Assets
45+ 55+
GBPUSD Spread
0.3 0.8
EURUSD Spread
0.0 0.8
EURGBP Spread
0.0 1.6
Cryptocurrency
With 20+ cryptocurrencies available to trade via CFDs, traders can securely speculate on crypto markets with up to 1:10 leverage. ThinkMarkets does not directly trade crypto assets, meaning you will not own the tokens, and crypto trading is not available in some jurisdictions. Over 10 of the most popular cryptos are available with leverage of 1:2. With just a $100 minimum deposit, traders can benefit from advanced crypto analysis tools.
Spread
BTC 25, ETH 6 (Variable) Raw spread + 0.5% commission
Coins
  • BCH
  • LTC
  • XMR
  • DOGE
  • XLM
  • BTC
  • ETH
  • XRP
  • BTC
  • BCH
  • DSH
  • ETH
  • LTC
  • XRP
  • DOT
  • EOS
  • LINK
  • XLM
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
ThinkMarkets Trade.com
71.89% of retail investor accounts lose money when trading CFDs with this provider. 78.60% of retail CFD accounts lose money.
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ThinkMarkets
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