AvaTrade vs. ThinkMarkets Comparison

This parallel comparison helps users who are confused about choosing between AvaTrade and ThinkMarkets to pick the perfect online broker for their trading and investment needs. It analyzes the common features of the two brokers shoulder to shoulder to help users compare their service and make an informed decision.

To help users select the optimal broker between AvaTrade and ThinkMarkets to find the best-suited platform, below is a list of broker’s pros and cons, followed by a comparison of their main trading features, including trading platforms & tools, fees, mobile trading, deposit & withdrawal, assets, regulation, and customer support.

AvaTrade vs. ThinkMarkets: Summary

AVAtrade logo

AVATrade is an international forex and CFD broker founded in 2006. It has licenses from multiple tier-one regulators, including the DFSA and ADGM. Their proprietary trading platform and mobile trading app (AvaTradeGO) allow users to trade on 1365+ tradable symbols, including 1200+ CFDs on forex, stocks, options, cryptos, and commodities. 

Their vast range of trading platforms (MT4, MT5, Options app, Web, Mobile, and Mac version) are suitable for intermediate to advanced traders looking for various trading strategies like social and copy, automated and algorithmic trading, scalping, and Expert Advisors. 

AvaTrade fees are comparable to other similar CFD brokers like Plus500 and Pepperstone. They charge fixed forex spreads from 0.9 pips (EUR/USD) and 0% commission on stocks and crypto CFDs. They additionally charge overnight, currency conversion, and inactivity fees, which makes their overall costs industry average. 

AvaTrade’s customer service is available by email, live chat, phone, and WhatsApp in English and Arabic.

Think-Markets-logo

ThinkMarkets is an online forex and CFD broker founded in 2010. It is regulated by 5 tier-one regulators, including the FCA, ASIC and MiFID. Users can trade on 3,500 financial instruments, including forex and CFDs on stocks, precious metals, indices, commodities, and cryptocurrencies.

Their trading platforms include a proprietary platform (ThinkTrader), MetaTrader 4, and MetaTrader 5.

ThinkMarkets trading fees are average compared to other similar brokers from the industry. They charge 0% commission on stocks and CFDs and spreads from 0.4 pips (EUR/USD). ThinkMarkets also charges inactivity fees of $25/month.

ThinkMarket’s customer support is available through email (support@thinkmarkets.com), phone (+357 252 62149), and live chat in Arabic and English.

Pros

  • Low minimum deposit ($100)
  • Fixed forex spreads from 0.9 pips
  • Wide range of platforms and third party integrations (MT4, MT5, TradingView)
  • Support for various trading styles (algorithmic, automated, copy trading)
  • Intuitive mobile app

Cons

  • Comparing others relatively few trading instruments are offered; offers Forex, CFDs and Binary Options

Pros

  • Low minimum deposit ($0)
  • Commission-free stock and CFD trading and $0,25 futures contracts
  • MT4 and MT5 integration
  • Wide range of educational materials
  • Islamic swap-free, and zero spread accounts

Cons

  • Spreads on forex are relatively high compared to other brokers
  • Inactivity fees

Key features

  • Access to 1250 CFDs and 44 forex options
  • Excellent copy trading features
  • Advanced mobile trading app (AvaOptions)
  • Industry average pricing
  • Perfect for casual and advanced traders
  • Access to the full meta trader suite

Key features

  • Access to over 3,500 financial instruments across 7 asset classes
  • Commission-free stock and CFD trading (3,500+ assets)
  • Compatible with the full MetaTrader suite (4 & 5)
  • Regulated by multiple bodies (FCA, ASIC, FSCA, FSA, CySEC, and JFSA)
  • Wide range of educational resources available
  • Free VPS Server access

AvaTrade vs. ThinkMarkets Comparison

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AVAtrade logo

AVAtrade

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71% of retail CFD accounts lose money

Think-Markets-logo

ThinkMarkets

BROKER COMPARISON

AVAtrade logo
Think-Markets-logo

Overall rating

4,9/5

4,1/5

Overall rating

4,9/5

4,1/5

Trading Platform & Tools

4.9

4.5

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 1:400 2000:1
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

4.9

4.4

See details
Withdrawal Fee 0 0
Deposit Fee 0 0
Inactivity Fee $50 after every 3 months and $100 after every 12 months 0
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 0.9 1.1
Stocks & ETF 0 0
CFD (Gold) 3.4 1.9
Crypto 0.35% 0
Options 0 0
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

4.9

4.5

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

4.9

3.8

See details
Minimum deposit (in UAE) $100 $0.00
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

4.9

3.0

See details
Shares 0 0
ETF & Funds 0 0
Crypto 0 0
Commodities 0 0
Indices 0 0
Options 0 0
Futures 0 0
Bonds 0 0
Forex 55 48
CFD Indices & Funds 91 381
CFD Stocks 612 3548
CFD Commodities 18 15
CFD Crypto 20 27
CFD Bonds 2 0
Binary Options 44 0
SWAPS 0 0
Saving Plans 0 0

Regulation

5.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

5.0

3.7

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

4.8

3.9

See details
Email
Phone
Live Chat
24/7 support
Multilingual
Personal Account Manager

Winner

AvaTrade vs. ThinkMarkets Comparison Conclusion

The results of our comparison of AvaTrade vs. ThinkMarkets are summarized in the table below.

Broker:Best For:
AvaTradeForex, CFDs and Options
ThinkMarketsForex and CFDs on Stocks

Selecting the right choice between AvaTrade and ThinkMarkets can be a tough decision. Both online brokers have similarities but vary based on trading instruments, platforms & apps, regulation, deposit & withdrawals, and research and education. Finding the best broker depends on users’ trading & investment goals, individual preferences, and knowledge level.

To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.

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