TIO Markets vs ThinkMarkets

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

TIOmarkets vs ThinkMarkets Comparison Table 2024

TIOmarkets	ThinkMarkets
2.9	4
TIOmarkets is ranked #97 among CFD brokers.	ThinkMarkets is ranked #37 among CFD brokers.
Review	Review
TIO Markets is a global forex and CFD brokerage with both an offshore and UK-regulated branch. The broker has a strong customer focus, with 24/7 telephone and live chat customer service. Traders can access a range of accounts with competitive spreads from 0.4 pips.	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.
	71.89% of retail investor accounts lose money when trading CFDs with this provider.
Pros
I have found fees to be pretty competitive with TIO Markets, averaging as low as 0.2 pips for GBP/USD on the VIP account The company's 24/7 customer service availability is in line with some of the top brokerages that I have reviewed Another major advantage for me is the free access to Trading Central, an excellent charting and analysis tool TIO Markets offers access to the powerful MT4 and MT5 platforms with market-leading analysis tools UK clients will be happy to find that spread betting opportunities are supported by TIO Markets I'm also pleased to see top-tier FCA regulation through the company's UK branch	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
Cons
Most traders will be registering with the global branch, which is regulated offshore and will not offer any robust fund safeguarding measures Leverage rates with the UK branch are limited to a maximum of 1:30, which may feel restricting for experienced traders Compared to major competitors, TIO Markets' educational resources are notably limited	$500 minimum deposit for ThinkZero account Not many payment methods available for UK traders Limited bonus offers, refer-a-friend schemes or trading competitions
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
Forex, CFDs, indices, shares, commodities, cryptocurrencies	CFDs, Forex, Stocks, ETFs, Futures, Commodities, Crypto, Spread Betting (UK Only)
Demo Account
Yes	Yes
Minimum Deposit
$50	$0
Payment Methods
Credit Cards Neteller Skrill Visa Wire Transfer	Apple Pay Credit Cards Google Pay Mastercard Neteller Skrill Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
FCA	FCA, ASIC, CySEC, FSCA, JFSA, FSA Seychelles
Mobile Apps
Yes	iOS & Android
iOS App Rating
	4.8
Android App Rating
	4
Margin Trading
No	Yes
MetaTrader 4
Yes	Yes
MetaTrader 5
Yes	Yes
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	Yes
eSignal
No	No
Trading Central
No	Yes
STP Account
No	Yes
ECN Account
No	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	Yes
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	No
Auto Trading
Yes	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	Yes
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
No	Yes
Trade Signals
	Signal Centre
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$0
Islamic Account
Yes	Yes
Account Currencies
	USD EUR GBP AUD JPY CHF
Commodities
Gold Silver Oil Natural Gas	Gold Oil Natural Gas Silver Platinum Copper
CFD
Unfortunately, I do feel that the broker's mediocre range of 300 CFDs will be quite restricting for most traders. It certainly doesn't compare to many other brands I review. Plus, the absence of crypto, ETF and soft commodity CFDs is a further setback.	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.
Leverage
1:30	1:500
FTSE Spread
20	0.7
GBPUSD Spread<
0.8	0.4
Oil Spread
0.02	0.03
Stocks Spread
Variable	From 0.4
Forex
My tests uncovered an average selection of 46 forex pairs, including major, minor and exotic currency combinations. That said, access to both the MT4 and MT5 platforms is a major bonus for forex strategists looking for market-leading software.	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.
Assets
45+	45+
GBPUSD Spread
0.8	0.3
EURUSD Spread
0.4	0.0
EURGBP Spread
0.6	0.0
TIOmarkets	ThinkMarkets
Review	Review
	71.89% of retail investor accounts lose money when trading CFDs with this provider.
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