ThinkMarkets vs DNA Markets

ThinkMarkets or DNA Markets – which is better for UK traders 2024? Compare ThinkMarkets and DNA Markets in this detailed breakdown of their platforms, features and fees.

ThinkMarkets vs DNA Markets Comparison Table 2024
ThinkMarkets DNA Markets
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2.8
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3.5
ThinkMarkets is ranked #34 among CFD brokers. DNA Markets is ranked #91 among CFD brokers.
Review
Review
Founded in 2010, ThinkMarkets is a reputable CFD and forex broker with regulation from several top-tier bodies including the FCA and ASIC. The broker provides services to over 450,000 accounts from 11 global offices. Traders can use a bespoke platform, MT4 or MT5 to access a wide variety of assets including 3500+ stocks and ETFs, 46 forex pairs and over 20 cryptocurrencies.
DNA Markets has closed or no longer accepts UK clients.
DNA Markets is a forex and CFD broker established in 2020. The broker operates two entities in Australia and the offshore jurisdiction, St Vincent and the Grenadines. Traders can access 800+ markets, with a Standard account for beginners and a Raw account for experienced traders. The reliable MetaTrader 4 and MetaTrader 5 platforms are available, alongside Signal Start.
71.89% of retail investor accounts lose money when trading CFDs with this provider.
Pros
  • Low fees with competitive spreads on the commission-free account and very tight spreads and a low $3.5 commission on ThinkZero
  • Unique Traders' Gym simulation tool for testing out strategies on real historical data, with multiple timeframes and custom features
  • In-depth educational resources for beginner, intermediate and advanced level traders, plus live webinars
  • Three stable and award-winning platforms plus seamless integration with the broker's Signal Centre
  • Top-tier regulation from the FCA, ASIC and CySEC plus offshore branches with high leverage
  • Free VPS hosting available for MT4 and MT5, ideal for traders using Expert Advisors (EAs)
  • Advanced charting package from TradingView in ThinkTrader Web - ideal for traders
  • Reliable 24/7 multilingual support via telephone, email or live chat
  • Quick and easy to open a ThinkMarkets account
  • After a recent upgrade, there are now over 800 assets available to trade via CFDs, with a particularly impressive range of 120+ cryptos
  • Short-term trading strategies are permitted including scalping and automated trading using Expert Advisors (EAs)
  • Convenient account funding is available with 7 base currencies, a $100 deposit and a wide range of payment methods
  • You can access low trading fees with spreads from 0.0 pips in the Raw account and zero non-trading fees
  • DNA Markets offers top-rate platforms and charting tools for traders with access to MT4 and MT5
  • The broker provides 24/5 customer support with response times of <2 minutes during testing
Cons
  • $500 minimum deposit for ThinkZero account
  • Not many payment methods available for UK traders
  • Limited bonus offers, refer-a-friend schemes or trading competitions
  • Although it continues to strengthen its client base and reputation, DNA Markets lacks the track record of top brokers like Vantage
  • Unlike many alternatives, there are limited educational and research tools for traders seeking an all-in-one solution
  • Despite access to MT4 and MT5, there is no proprietary trading app for seamless account management whilst on the go
Awards
  • Best CFD Provider 2021 - City of London Wealth Management Awards (COLWMA)
  • Best Value Broker in Asia at the 2020 - Global Forex Awards
  • Best Forex Trading Experience 2017 - UK Forex Awards
  • Best Forex Trading Innovation 2017 - UK Forex Awards
  • Best Customer Service 2013 - UK Forex Awards
FCA Regulated
Yes No
Instruments
CFDs, Forex, Stocks, ETFs, Futures, Commodities, Crypto, Spread Betting (UK Only) CFDs, Forex, Indices, Commodities, Stocks, Crypto
Demo Account
Yes Yes
Minimum Deposit
$0 $100
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FCA, ASIC, CySEC, FSCA, JFSA, FSA, DFSA, FMA ASIC
Mobile Apps
iOS & Android iOS & Android
Trading App

Our initial disappointment with DNA Markets’ lack of a proprietary mobile app was quickly overshadowed by the impressive functionality of the MT4 and MT5 mobile apps. These platforms deliver a seamless trading experience akin to their desktop counterparts, with smooth charting and customizable features optimized for mobile use. The addition of push notifications and plentiful daily news accessible directly from your phone ensures you’re kept in the loop with key market updates.
iOS App Rating
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4.8
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4.8
Android App Rating
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rating full
4
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4.4
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes No
Autochartist
Yes No
eSignal
No No
Trading Central
Yes No
STP Account
Yes No
ECN Account
No Yes
DMA Account
No No
MAM Account
No No
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes Yes
Copy Trading Platform
The Signal Centre is FCA-regulated and offers insights into forex, stocks, indices, commodities, and cryptocurrencies. Users can receive up to 40 signals before the trading day starts. DNA Markets offers Signal Start, a user-friendly copy trading solution. The tool is easy to use and new traders enjoy the first 3 months subscription-free. On the negative side, it lacks the social trading features you get with more comprehensive apps like eToro.
Social Trading
Yes No
Trade Signals
Signal Centre Signal Start
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0 $0
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
  • JPY
  • CHF
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • SGD
Commodities
  • Gold
  • Oil
  • Natural Gas
  • Silver
  • Platinum
  • Copper
  • Gold
  • Silver
  • Oil
  • Platinum
  • Zinc
  • Nickel
  • Copper
  • Palladium
  • Natural Gas
CFD
ThinkMarkets continues to offer an excellent range of around 3500 CFD instruments covering forex, indices, stocks and commodities. Leverage is available up to 1:30 in the EU and UK, while global clients can access up to 1:500. DNA Markets offers a recently enhanced suite of 800+ CFDs covering stocks, indices, forex, commodities and cryptos, providing opportunities to speculate on rising and falling prices. There are no restrictions on strategies with leverage up to 1:30 (Australia) or 1:500 (rest of world).
Leverage
1:500 1:500
FTSE Spread
0.7 1.7
GBPUSD Spread<
0.4 1.0
Oil Spread
0.03 1.5
Stocks Spread
From 0.4 1.0 cent + $0.02 per share, per side (Apple)
Forex
ThinkMarkets offers 46 currency pairs, which is around the industry average. Forex traders can benefit from tight 0.0-pip spreads for EUR/USD during peak market hours. Additionally, the ThinkTrader proprietary platform offers an impressive 125+ technical indicators - ideal for complex forex strategies. DNA Markets continues to deliver an excellent environment for forex traders with 50+ currency pairs and low spreads from 0.0 pips on the EUR/USD during tests. The MetaTrader 4 platform, available on desktop, web and mobile, was also designed specifically for forex trading.
Assets
45+ 50+
GBPUSD Spread
0.3 1.0
EURUSD Spread
0.0 1.0
EURGBP Spread
0.0 1.0
Currency Indices
  • USD
Cryptocurrency
With 20+ cryptocurrencies available to trade via CFDs, traders can securely speculate on crypto markets with up to 1:10 leverage. ThinkMarkets does not directly trade crypto assets, meaning you will not own the tokens, and crypto trading is not available in some jurisdictions. You can trade a strong range of 120+ cryptos 24/7, surpassing alternatives like Vantage with its 40+ tokens. That said, the spread from 170 on Bitcoin is significantly higher than the cheapest crypto brokers.
Spread
BTC 25, ETH 6 (Variable) $28 (Bitcoin)
Coins
  • BCH
  • LTC
  • XMR
  • DOGE
  • XLM
  • BTC
  • ETH
  • XRP
  • BTC
  • ETH
  • LTC
  • XRP
  • 1INCH
  • AAVE
  • ADA
  • AGIX
  • ALCX
  • ALGO
  • ALPHA
  • APE
  • APT
  • ARB
  • ASTR
  • ATOM
  • AUDIO
  • AVAX
  • AXS
  • BADGER
  • BAND
  • BAT
  • BCH
  • BLUR
  • BNB
  • BNT
  • BTTC
  • CAKE
  • CELO
  • CFX
  • CHR
  • CHZ
  • CLV
  • COMP
  • CREAM
  • CRV
  • DENT
  • DODO
  • DOGE
  • DOT
  • DSH
  • DYDX
  • EGLD
  • ENJ
  • ENS
  • EOS
  • ETC
  • FET
  • FIDA
  • FIL
  • FLOW
  • FTM
  • FXS
  • GALA
  • GMX
  • GNO
  • GRT
  • HBAR
  • HOT
  • ICP
  • ICX
  • IMX
  • INJ
  • IOTA
  • KLAY
  • KNC
  • KSM
  • LDO
  • LINA
  • LINK
  • LRC
  • LUNC
  • MANA
  • MASK
  • MATIC
  • MINA
  • MRK
  • MTL
  • NEAR
  • NEO
  • NEXO
  • OMG
  • ONT
  • OSMO
  • PAXG
  • PEPE
  • PERP
  • PROM
  • PUNDIX
  • QNT
  • QTUM
  • RAY
  • REEF
  • REN
  • RNDR
  • ROSE
  • RUNE
  • SAND
  • SHIBU
  • SNX
  • SOL
  • STMX
  • STORJ
  • STX
  • SUIU
  • SUSHI
  • SXP
  • TFUEL
  • THETA
  • TRX
  • TWT
  • UNI
  • VET
  • WAVES
  • WBTC
  • XEC
  • XEM
  • XLM
  • XTZ
  • ZEC
  • ZIL
  • ZRX
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
ThinkMarkets DNA Markets
Review
Review
71.89% of retail investor accounts lose money when trading CFDs with this provider.
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