This contrast overview helps customers that battle to select between ThinkMarkets and TradeStation to discover the very best online broker for their trading and financial investment requirements. It evaluates the highlights of both brokers alongside to assist customers contrast their solution and make an informed choice.
To help individuals select the best broker between ThinkMarkets and TradeStation to find the best-suited platform, below is a checklist of broker’s pros and cons, complied with by a contrast of their main trading functions, consisting of trading systems & tools, charges, mobile trading, down payment & withdrawal, properties, guideline, and client assistance.
ThinkMarkets vs. TradeStation: Summary
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.
Tradestation is an online brokerage company, founded in 1982. They offer access to a wide range of assets including 5,000 international stocks, OTCBB penny stocks and 2,000 ETFs.
Their trading platform has a variety of stock trading tools such as dynamic market-scanning tools, advanced order management tools, and fully customisable charts. Users have access through a web, desktop and mobile app (Android and iOS). Trade execution on the platforms is fast (under 0.040 seconds).
Their trading fees vary based on account selection. Pricing is below industry average on the most used accounts (select and GO). Minimum deposit is $2000 and there are no monthly charges.
TradeStation’s customer support is available by phone, email and live chat in English and Arabic.
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
Pros
- Low minimum deposit ($0)
- 0% commission stock and ETF fees
- Extensive charting tools and features
- Fast and reliable order execution
- Trading automatisation capabilities
- Vast stock scanning tools
Cons
- Research and education section could be better
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
Key features
- $0 commission/stock trades(up to 15,000 shares)
- Vast market coverage(5,000 international stocks and ETFs)
- Fast and reliable order execution
- Great Fundamental Research and Analysis Tools
- Extensive Charting Tools and Features
- Access To Back-Testing and Automated Trading
ThinkMarkets vs. TradeStation Comparison
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ThinkMarkets
TradeStation
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 2000:1 | 1:4 |
| 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 | $35 |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | 0 | |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | 0 | $4 |
| Forex (EUR/USD) | 1.1 | 0.6 pips |
| Stocks & ETF | 0 | $0.007 per share |
| CFD (Gold) | 1.9 | 0 |
| Crypto | 0 | 0 |
| Options | 0 | $5 + £0.60 per contract |
| Conversion Fees | 0 | |
| Misc. Fees | 0 | 0 |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $0.00 | $0 ($2000 – Margin account; $25000 – Day Trading account; $5000 – Futures account) |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 0 | 5 markets |
| ETF & Funds | 0 | 2300 |
| Crypto | 0 | 11 |
| Commodities | 0 | 0 |
| Indices | 0 | 0 |
| Options | 0 | 10 Markets |
| Futures | 0 | 11 Markets |
| Bonds | 0 | 630 |
| Forex Instruments | 48 | 0 |
| CFD Indices & Funds | 381 | 0 |
| CFD Stocks | 3548 | 0 |
| CFD Commodities | 15 | 0 |
| CFD Crypto | 27 | 0 |
| CFD Bonds | 0 | 0 |
| Binary Options | 0 | 0 |
| SWAPS | 0 | 0 |
| Saving Plans | 0 | 1 |
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
ThinkMarkets vs. TradeStation Comparison Conclusion
The results of our comparison of ThinkMarkets vs. TradeStation are involved the table listed below.
| Broker: | Best For: |
| ThinkMarkets | Forex and CFDs on Stocks |
| TradeStation | Stock trading; Active traders |
Choosing the appropriate selection between ThinkMarkets and TradeStation can be tough. Both on-line brokers have resemblances but vary pertaining to trading tools, platforms & apps, guideline, deposit & withdrawals, and research study and education. Choosing the best broker depends on customers’ trading & investment objectives, 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.