This comparison guide assists individuals that battle to select in between TD Ameritrade and ThinkMarkets to discover the most effective online broker for their trading and financial investment requirements. It examines the main features of both brokers alongside to aid individuals compare their service and make an educated decision.
To assist customers select the appropriate broker between TD Ameritrade and ThinkMarkets to discover the best-suited platform, listed below is a listing of broker’s benefits and drawbacks, adhered to by a comparison of their major trading functions, including trading systems & devices, fees, mobile trading, down payment & withdrawal, assets, policy, and consumer support.
TD Ameritrade vs. ThinkMarkets: Summary
TD Ameritrade is a US based online stock broker founded in 1975. It is regulated by two of the most strict US regulators the SEC and FINRA. The broker offers access to a wide range of stocks and forex pairs and a handful of bonds, options, futures, crypto, and other financial instruments.
TD Ameritrade has a proprietary trading platform (thinkorswim) and two mobile trading apps. Both have an intuitive design and feature a great set of trading tools and features.
TD Ameritrade has low trading fees compared to other similar brokers like tastytrade, Robinhood and Fidelity. They charge 0% commission on stocks and ETFs, while futures trading comes with high fees. Forex, options and bonds are available at average fees.
TD Ameritrade’s customer support is available by phone and email from 8:30 AM to 5:30 PM ET, Monday – Friday.
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)
- Free stock and ETF trading
- Feature-rich desktop and web trading platform (thinkorswim)
- Advanced charting capabilities and real-time data
- Wide range of stocks and ETFs
- Excellent mobile trading apps for casual and active traders
Cons
- Mostly US markets and assets
- Only accept bank wire transfers
- Doesn’t offer fractional shares
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
- Wide range of US stocks and ETFs
- Vast selection of charting tools and indicators
- Daily market analysis in the form webinars, webcasts, and podcasts
- 0% commission stock and ETF trading
- Access to IPOs, annuities, fixed income products, and lending programs
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
TD Ameritrade vs. ThinkMarkets Comparison
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TD Ameritrade
ThinkMarkets
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 1:2 | 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) | 1.3 pips | 1.1 |
| Stocks & ETF | $6.95 | 0 |
| CFD (Gold) | 0 | 1.9 |
| Crypto | 0 | 0 |
| Options | 0.65 per options contract fee | 0 |
| Conversion Fees | $75 transfer fee | 0 |
| Misc. Fees | 0 | 0 |
| Overnight Fees | 0 |
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 | 3700 | 0 |
| ETF & Funds | 13000 | 0 |
| Crypto | 0 | 0 |
| Commodities | 10 | 0 |
| Indices | 12 | 0 |
| Options | 0 | 0 |
| Futures | 70 | 0 |
| Bonds | 40000 | 0 |
| Forex Instruments | 70 | 48 |
| CFD Indices & Funds | 0 | 381 |
| CFD Stocks | 0 | 3548 |
| CFD Commodities | 0 | 15 |
| CFD Crypto | 0 | 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 | English / Spanish | |
| Personal Account Manager |
Winner
TD Ameritrade vs. ThinkMarkets Comparison Conclusion
The outcomes of our contrast of TD Ameritrade vs. ThinkMarkets are involved the table listed below.
| Broker: | Best For: |
| TD Ameritrade | US Stocks and ETFs |
| ThinkMarkets | Forex and CFDs on Stocks |
Selecting the appropriate option between TD Ameritrade and ThinkMarkets can be tough. Both on-line brokers have resemblances yet vary pertaining to trading instruments, platforms & apps, guideline, deposit & withdrawals, and research study and education and learning. Selecting the most effective broker depends on users’ trading & investment goals, individual 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.