Next Markets vs. ThinkMarkets Comparison

This comparison guide assists individuals who battle to pick between Next Markets and ThinkMarkets to locate the most effective online broker for their trading and investment demands. It analyzes the main features of both brokers side by side to assist individuals compare their solution and make a notified choice.

To aid users pick the right broker between Next Markets and ThinkMarkets to discover the best-suited platform, listed below is a checklist of broker’s advantages and disadvantages, adhered to by a comparison of their main trading functions, including trading platforms & devices, charges, mobile trading, down payment & withdrawal, assets, policy, and customer assistance.

Next Markets vs. ThinkMarkets: Summary

Next Markets logo

Next Markets is a multi-asset CFD broker based in Germany. It is regulated by the MFSA and is considered safe. The broker allows users to trade over 7,000 stocks, 1,000 ETFs, and CFDs on cryptos, forex, commodities, and bonds.

Next Market’s fees are below average compared to similar brokers in the industry. They charge 0% commission on stock and ETFs and low fees on CFDs. Forex spreads start from 0.6 pips (EUR/USD). The broker does not charge any withdrawal on inactivity fees.

Next Market’s customer service is available from Monday to Friday from 09:00 to 18:00 by email and phone (+49 221 98259 007).

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 ($0)
  • 0% commission stocks and ETFs
  • Low spreads from 0.6 pips (EUR/USD)
  • Free trading signals
  • No hidden commissions or non-trading fees

Cons

  • Algorithmic trading is not available
  • Limited advanced trading tools and features
  • No demo or Islamic swap-free accounts are available

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 8,000 financial instruments
  • Broad range of deposit & withdrawal methods
  • User friendly mobile app
  • Competitive trading fees, spreads, and commissions
  • Beginner friendly trading tools and features
  • User friendly mobile app

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

Next Markets vs. ThinkMarkets Comparison

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Next Markets logo

Next Markets

Open account Read review

56.65% of retail CFD accounts lose money

Think-Markets-logo

ThinkMarkets

BROKER COMPARISON

Next Markets logo
Think-Markets-logo

Overall rating

3,5/5

4,1/5

Overall rating

3,5/5

4,1/5

Trading Platform & Tools

2.4

4.5

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 100:1 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

4.3

4.4

See details
Withdrawal Fee 0 0
Deposit Fee 0 0
Inactivity Fee 0 0
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 0 1.1
Stocks & ETF 0 0
CFD (Gold) 0 1.9
Crypto 0 0
Options 0 0
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

3.8

4.5

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

3.8

3.8

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

Assets

2.5

3.0

See details
Shares 7000 0
ETF & Funds 1000 0
Crypto 0 0
Commodities 0 0
Indices 0 0
Options 0 0
Futures 0 0
Bonds 0 0
Forex Instruments 0 48
CFD Indices & Funds 1000 381
CFD Stocks 7000 3548
CFD Commodities 0 15
CFD Crypto 0 27
CFD Bonds 0 0
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

5

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

1.8

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

Next Markets vs. ThinkMarkets Comparison Conclusion

The outcomes of our contrast of Next Markets vs. ThinkMarkets are involved the table listed below.

Broker:Best For:
Next MarketsStocks and ETF trading and investing
ThinkMarketsForex and CFDs on Stocks

Choosing the appropriate option between Next Markets and ThinkMarkets can be difficult. Both on the internet brokers have similarities however vary regarding trading tools, platforms & applications, regulation, down payment & withdrawals, and research study and education. Selecting the most effective broker relies on customers’ trading & investment objectives, specific preferences, and experience degree.

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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