ThinkMarkets vs easyMarkets
ThinkMarkets or easyMarkets – which is better for UK traders 2024? Compare ThinkMarkets and easyMarkets in this detailed breakdown of their platforms, features and fees.
ThinkMarkets | easyMarkets |
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ThinkMarkets is ranked #34 among CFD brokers. | easyMarkets is ranked #13 among CFD brokers. |
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. | Established in 2001, easyMarkets has made for a name for itself as a trusted, fixed spread broker. Improvements to its tools over the years, from adding the MetaTrader suite and TradingView to enhancing its exclusive risk management tools like dealCancellation, mark it out from the competition. |
71.89% of retail investor accounts lose money when trading CFDs with this provider. | |
Pros | |
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Cons | |
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Awards | |
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FCA Regulated | |
Yes | No |
Instruments | |
CFDs, Forex, Stocks, ETFs, Futures, Commodities, Crypto, Spread Betting (UK Only) | CFDs, Forex, Stocks, Indices, Commodities, Crypto |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$0 | $25 |
Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 lots |
Regulator | |
FCA, ASIC, CySEC, FSCA, JFSA, FSA, DFSA, FMA | CySEC, ASIC, FSCA, FSC, FSA |
Mobile Apps | |
iOS & Android | iOS & Android |
Trading App | |
The easyMarkets app is a great fit for active traders. It allows full customization, including light and dark mode, and integrates useful tools like market news, a macroeconomic calendar, and trading signals all in one app. Where it stands out is its advanced features like multiple trading ticket options (Day Trade, Vanilla Options, Pending Orders). With dealCancellation, you can also undo losing trades within 1, 3, or 6 hours. |
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iOS App Rating | |
Android App Rating | |
Margin Trading | |
Yes | Yes |
MetaTrader 4 | |
Yes | Yes |
MetaTrader 5 | |
Yes | Yes |
cTrader | |
No | No |
AlgoTrader | |
No | No |
OmniTrader | |
No | No |
TradingView | |
Yes | Yes |
Autochartist | |
Yes | No |
eSignal | |
No | No |
Trading Central | |
Yes | Yes |
STP Account | |
Yes | No |
ECN Account | |
No | No |
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 | Yes |
P2P Trading | |
No | No |
Spot Trading | |
No | Yes |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTrader |
Copy Trading | |
Yes | No |
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. | |
Social Trading | |
Yes | No |
Trade Signals | |
Signal Centre | |
VPS Hosting | |
Yes | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | Yes |
Inactivity Fee | |
$0 | $25 |
Islamic Account | |
Yes | Yes |
Account Currencies | |
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Commodities | |
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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. | While the growing selection of 275+ CFDs still trails category leaders like BlackBull with its 26,000+ underlying assets, easyMarkets shines for its proprietary risk management tools. These include easyTrade which caps your risk to dealCancellation that provides a 1, 3, or 6-hour margin to cancel your order if the market moves against you. |
Leverage | |
1:500 | 1:2000 |
FTSE Spread | |
0.7 | 1.0 |
GBPUSD Spread< | |
0.4 | 0.9 |
Oil Spread | |
0.03 | 1.1 |
Stocks Spread | |
From 0.4 | 0.25 (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. | easyMarkets offers 60+ major and minor currency pairs but no exotics. Forex traders will appreciate the access to the industry’s leading software MT4, paired with the broker’s fixed spreads from 0.7 pips on EUR/USD, offering a degree of price certainty. |
Assets | |
45+ | 60+ |
GBPUSD Spread | |
0.3 | 0.9 |
EURUSD Spread | |
0.0 | 0.7 |
EURGBP Spread | |
0.0 | 1.0 |
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. | easyMarkets excels for serious crypto traders, featuring 20 popular digital tokens, including Bitcoin and Ethereum, paired with the US dollar. Its introduction of a BTC account also makes for a seamless user experience for dedicated crypto traders while cutting conversion fees. |
Spread | |
BTC 25, ETH 6 (Variable) | 62 (BTC) |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
ThinkMarkets | easyMarkets |
71.89% of retail investor accounts lose money when trading CFDs with this provider. | |
More Comparisons | |
ThinkMarkets vs |
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