IQ Option vs. ThinkMarkets Comparison

This contrast overview assists users that struggle to select in between IQ Option and ThinkMarkets to find the most effective online broker for their trading and investment needs. It assesses the highlights of both brokers side by side to assist users contrast their service and make an educated choice.

To help individuals select the appropriate broker in between IQ Option and ThinkMarkets to discover the best-suited system, below is a checklist of broker’s pros and cons, followed by a contrast of their main trading functions, consisting of trading platforms & tools, costs, mobile trading, deposit & withdrawal, possessions, regulation, and client support.

IQ Option vs. ThinkMarkets: Summary

IQ Option logo

IQ Option is a well established online broker great for users looking to trade forex, options and CFDs on a intuitive trading platform. Their well rounded offer consists of low spreads, a sophisticated trading platform, free demo account option, and responsive customer support in English language. They offer islamic accounts and copy trading in Arabic language which allows you to copy portfolios from seasoned investors and traders.

IQ Option is a trustworthy and reliable market maker broker and subject to the highest standards of regulation in the industry. Options trading is no longer available.

“RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK”
General Risk Warning: “The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose”

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 ([email protected]), phone (+357 252 62149), and live chat in Arabic and English.

  • Multi-chart platform layout with technical analysis
  • Fast trade execution
  • 24/7 customer support in Arabic and English
  • Free demo account with $10.000 virtual money
  • Leverage of up to 1:1000
  • Trading fees are above industry average
  • Inactivity fee $10/90days

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

Key features

  • Access to a wide variety of markets
  • Great research and education tools
  • User friendly platform
  • $10 minimum deposit and $1 minimum trade requirement
  • Access to 3000+ tradable symbols

Key features

  • 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

IQ Option vs. ThinkMarkets Comparison

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IQ option

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“RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK”

Think-Markets-logo

ThinkMarkets

BROKER COMPARISON

IQ option
Think-Markets-logo

Overall rating

3,3/5

4,1/5

Overall rating

3,3/5

4,1/5

Trading Platform & Tools

3.1

4.5

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage500:12000:1
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

3.3

4.4

See details
Withdrawal Fee0 (*currency conversion fee might apply)0
Deposit Fee 0
Inactivity Fee 0
Cost Per Trade00
Cost Per Month10 EUR0
Forex (EUR/USD)4.7pip1.1
Stocks & ETF0.48pip0
CFD (Gold)4.8pip1.9
Crypto127.14pip0
Options00
Conversion Fees00
Misc. Fees00
Overnight Fees

Mobile Trading

3.0

4.5

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

3.8

3.8

See details
Minimum deposit (in UAE)$10$0.00
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

3.0

3.0

See details
SharesOver 1800
ETF & Funds00
Crypto190
Commodities90
Indices90
OptionsOver 400
Futures00
Bonds00
Forex InstrumentsOver 3048
CFD Indices & FundsOver 20381
CFD StocksOVer 1803548
CFD Commodities915
CFD Crypto1927
CFD Bonds00
Binary Options00
SWAPS00
Saving Plans00

Regulation

3.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

2.4

3.7

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

Customer Support

4.5

3.9

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

Winner

IQ Option vs. ThinkMarkets Comparison Conclusion

The outcomes of our comparison of IQ Option vs. ThinkMarkets are involved the table below.

Broker:Best For:
IQ OptionForex and CFD trading
ThinkMarketsForex and CFDs on Stocks

Selecting the best selection in between IQ Option and ThinkMarkets can be hard. Both on the internet brokers have similarities however differ concerning trading instruments, platforms & apps, guideline, deposit & withdrawals, and study and education and learning. Choosing the very best broker depends upon users’ trading & financial investment goals, private choices, and experience 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.