OandA vs. ThinkMarkets Comparison

This contrast guide assists users who battle to pick between OandA and ThinkMarkets to locate the most effective online broker for their trading and investment needs. It assesses the highlights of the two brokers alongside to assist users compare their service and make an informed decision.

To aid customers pick the best broker between OandA and ThinkMarkets to discover the best-suited system, listed below is a listing of broker’s pros and cons, followed by a comparison of their primary trading features, including trading systems & devices, fees, mobile trading, down payment & withdrawal, possessions, policy, and client assistance.

OandA vs. ThinkMarkets: Summary

Oanda logo

OandA is a reputable forex and CFD forex broker founded in 1996. It is regulated by seven tier-one regulators and therefore considered safe. Their users have access to 124 tradable instruments including 71 forex pairs and a handful of CFDs on cryptos. Traders can choose between a proprietary platform (web and desktop version), MT4 and MT5. Their trading platform has an intuitive design, offers automated trade execution and multiple features for algorithmic and social trading. Market research features are powered by TradingView.

OandA’s trading fees are above average compared to similar forex and CFD brokers like AvaTrade and Pepperstone. They charge an average spread of 1.26 pips EUR/USD on their standard account.

OandA’s customer service is available during office hours by email, live chat (chatbot) and phone.

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)
  • Competitive average spread from 1.2 pips (EUR/USD)
  • MT4, MT5 and TradingView integration
  • Broad range of research and analysis tools
  • Feature rich mobile app

Cons

  • Limited assets
  • Only CFD and forex trading available
  • Customer support is only available during office hours
  • Inactivity fees

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 124 tradable symbols including 71 forex pairs
  • Low minimum deposit ($0)
  • Real-time currency conversion
  • MetaTrader 4 and 5 integration
  • Free VPS server
  • Trading fee and wire transfer discounts for professional traders

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

OandA vs. ThinkMarkets Comparison

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Oanda logo

Oanda

Open account Read review

74-89% of retail CFD accounts lose money

Think-Markets-logo

ThinkMarkets

BROKER COMPARISON

Oanda logo
Think-Markets-logo

Overall rating

3,8/5

4,1/5

Overall rating

3,8/5

4,1/5

Trading Platform & Tools

3.9

4.5

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 1:50 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

3.1

4.4

See details
Withdrawal Fee $20 + Fee 0
Deposit Fee 0 0
Inactivity Fee $10 a month after 12 months 0
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 1.3 1.1
Stocks & ETF 0 0
CFD (Gold) 31 1.9
Crypto 0 0
Options 0 0
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

5.0

4.5

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

3.8

3.8

See details
Minimum deposit (in UAE) 0 $0.00
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

1.8

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 70 48
CFD Indices & Funds 12 381
CFD Stocks 0 3548
CFD Commodities 35 15
CFD Crypto 0 27
CFD Bonds 3 0
Binary Options 0 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

3.6

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

OandA vs. ThinkMarkets Comparison Conclusion

The results of our comparison of OandA vs. ThinkMarkets are involved the table listed below.

Broker:Best For:
OandAForex and CFDs
ThinkMarketsForex and CFDs on Stocks

Choosing the ideal choice in between OandA and ThinkMarkets can be difficult. Both on the internet brokers have similarities yet differ regarding trading instruments, systems & applications, regulation, down payment & withdrawals, and research study and education. Choosing the very best broker depends on users’ trading & financial investment goals, private preferences, 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.

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