This comparison overview helps customers who battle to select between Pepperstone and ThinkMarkets to find the best online broker for their trading and financial investment needs. It examines the highlights of the two brokers side-by-side to assist users contrast their service and make an educated decision.
To aid individuals pick the best broker between Pepperstone and ThinkMarkets to discover the best-suited system, listed below is a listing of broker’s pros and cons, adhered to by a comparison of their primary trading attributes, including trading systems & tools, costs, mobile trading, deposit & withdrawal, possessions, guideline, and consumer assistance.
Pepperstone vs. ThinkMarkets: Summary
Pepperstone is an Australian based forex and CFD broker founded in 2010. The broker is regulated by top-tier financial authorities including the Financial Conduct Authority (FCA), the Dubai Financial Services Authority (DFSA) and the Australian Securities and Investments Commission (ASIC). Their platform offers access to 180 + financial instruments including forex and CFDs on stocks, indices, commodities and cryptocurrencies. The combined offering of cTrader, MetaTrader and various social trading features makes this broker a great fit for copy and algorithmic traders.
Pepperstone charges lower trading fees compared to other forex and CFD brokers like AvaTrade and IG. They charge zero spreads on most forex pairs and a fixed commission of $3,50.
Pepperstone’s customer service is available through phone, email, online chat and an extensive FAQ section.
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)
- Low Forex spreads from 0.0 pips
- Multiple third party integrations (MT4, MT5, cTrader, Tradingview)
- Extensive Social trading features
- Excellent education and research materials
Cons
- Lack of video educational materials
- Limited advanced order types
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
- 60+ Forex pairs and 700+ different CFDs
- MetaTrader 4, MetaTrader 5, cTrader trading platforms
- TradingView integration
- Zero spreads on a few forex pairs including EUR/USD
- Special set of tools for professional traders
- Islamic swap-free account available
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
Pepperstone vs. ThinkMarkets Comparison
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Pepperstone
ThinkMarkets
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 1:500 | 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
| 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) | 0.6 | 1.1 |
| Stocks & ETF | 0 | 0 |
| CFD (Gold) | 1.3 | 1.9 |
| Crypto | 0 | 0 |
| Options | 0 | 0 |
| Conversion Fees | 0 | 0 |
| Misc. Fees | 0 | 0 |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $0 | $0.00 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| 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 Instruments | 63 | 48 |
| CFD Indices & Funds | 123 | 381 |
| CFD Stocks | 600 | 3548 |
| CFD Commodities | 31 | 15 |
| CFD Crypto | 23 | 27 |
| CFD Bonds | 0 | 0 |
| Binary Options | 0 | 0 |
| SWAPS | 0 | 0 |
| Saving Plans | 0 | 0 |
Research & Education
| Webinars | ||
| Educational Resources | ||
| Daily News Updates | ||
| Market Indepth Analysis | ||
| Pers. Training & Room | ||
| Market Research |
Customer Support
| Phone | ||
| Live Chat | ||
| 24/7 support | ||
| Multilingual | ||
| Personal Account Manager |
Winner
Pepperstone vs. ThinkMarkets Comparison Conclusion
The results of our comparison of Pepperstone vs. ThinkMarkets are involved the table below.
| Broker: | Best For: |
| Pepperstone | Forex and CFDs and algorithmic trading |
| ThinkMarkets | Forex and CFDs on Stocks |
Selecting the right selection in between Pepperstone and ThinkMarkets can be tough. Both online brokers have resemblances but differ relating to trading instruments, systems & apps, regulation, deposit & withdrawals, and research study and education and learning. Selecting the very best broker depends on users’ trading & financial investment objectives, individual 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.