Compare IC Markets Vs ThinkMarkets: Which is the Better Forex Broker in 2024?
IC Markets Vs ThinkMarkets, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between IC Markets Vs ThinkMarkets, here is the direct comparison:
Compare | IC Markets | ThinkMarkets |
General Rating |
4.02/5 |
2.87/5 |
Score | ||
Trustpilot |
4.8/5 32767 users |
4.3/5 79 users |
πΌ Regulation | ||
β Info | ||
β Established | 2007 | 2010 |
π² Min Deposit | $200 | $0 |
β Max Leverage | 1:1000 | 1:500 |
π’ Spread | Variable | Variable |
πΈ Commissions | $3.50 | $3.50 |
π‘ Min Position | 0.01 lot | 0.01 lot |
π³ Payment | Crypto, BPAY, Credit/debit cards, FasaPay, Neteller, PayPal, Skrill, UnionPay and Wire transfer | Crypto, BPAY, Credit/debit cards, Ethereum, Neteller, PayPal, Skrill, Tether (USDT), Wire transfer and Perfect money |
π’ Office(s) |
𧩠Demo Account | ||
π Segregated Account | ||
π Islamic Account | ||
π¨βπ» PAMM Account | ||
π Managed Account |
π± Hedging | ||
πΊπΈ US traders | ||
π Swaps |
π Trading contests | ||
β‘ Automated trading | ||
π° Bonus offers | ||
π Free education |
1οΈβ£ One-click trading | ||
β± Trailing stop | ||
β³ Pending orders |
Forex | ||
CFD | ||
Indexes | ||
Spread Betting | ||
Gold & Silver | ||
Crypto | ||
Stocks | ||
Oil | ||
Metals | ||
Energies | ||
Futures | ||
ETF | ||
Options | ||
Agriculture | ||
Commodities | ||
Stock | ||
Indices | ||
Etf | ||
Bonds | ||
Binary Options | ||
ETFs | ||
Corporate Stocks | ||
Shares | ||
Silver | ||
Index | ||
Physical Stock |
π£ Website Languages | Arabic, Chinese, English, German, Indonesian, Japanese, Korean, Malay, Portuguese, Russian, Spanish | Arabic, Chinese, Czech, English, German, Greek, Indonesian, Italian, Malay, Polish, Portuguese, Spanish, Thai, Vietnamese |
πͺ Trade Now | Open IC Markets | Open ThinkMarkets |
Compare Again
Testimonials
-
IC Markets: I am happy to cooperate with this broker
-
IC Markets: Failed to log in...again
-
IC Markets: Tough withdrawal
-
IC Markets: Mediocre but okay
-
IC Markets: good for backtest strategy
-
ThinkMarkets: I've been trading there for the last six months. A...
-
ThinkMarkets: Very high and frequent slippage at us30 and nas100, us30...
-
ThinkMarkets: I've trade with Thinkmarkets for a year now. So far...
-
ThinkMarkets: Thank you my friend recommend me ThinkMarkets. Their customer service...
-
ThinkMarkets: No negative experience with Thinkmarkets. Funding process are easy, the...
-
See More IC Markets Testimonials
-
See More ThinkMarkets Testimonials
News
-
IC Markets & APG University Partner for Prop Trading Innovation
-
IC Markets Dives into Prop Trading with ICFunded Launch
-
IC Markets and Bloomberg Team Up Again for ICYT Season 4
-
ThinkMarkets Expands Trading Options with NETH25 and SWI20 Indices
-
ThinkMarkets Expands Trading Options with Spread Betting on ThinkTrader
-
ThinkMarkets Now Licensed to Serve MENA Traders with DFSA Approval
-
Level Up Your Trading in IC Markets Global with TradingView
-
IC Markets Faces Class-Action Lawsuit in Australia for Alleged Misleading Conduct
-
Earn Cash While You Sleep with IC Markets Refer a Friend
-
See More Related IC Markets News
-
See More Related ThinkMarkets News
Article
-
Earn Up to $150 from IC Markets Global Exclusive Redeemable Bonus
-
How to Deposit and Withdraw in ThinkMarkets
-
How to Open Account in ThinkMarkets
-
Elevate Your Trade with IC Markets MT4 Advanced Tools
-
Master IC Markets cTrader Platform with This Guide
-
Social Trading Platforms in IC Markets You Should Know
-
IC Markets Correlation Trader: the Must-Have Tool for Savvy Traders
-
Comparing Tickmill Vs IC Markets Mobile App
-
XM Vs IC Markets Trading App, Which One is Better?
-
See More Related IC Markets Article
-
See More Related ThinkMarkets Article
Webinars
-
IC Markets: Analise Top Murilo
-
IC Markets: Analise Top Murilo
-
IC Markets: Sunday Pre-Market Analysis
-
IC Markets: Sunday Pre-Market Analysis
-
IC Markets: TDI Trading Strategy
-
IC Markets: TDI Trading Strategy
-
IC Markets: Tipos y formacion de Velas
-
IC Markets: Tipos y formacion de Velas
-
IC Markets: Como Montar uma EstratοΏ½gia para Operar
-
IC Markets: Como Montar uma EstratοΏ½gia para Operar
-
See More Related IC Markets Webinars
More Comparisons
- Exness vs FBS
- IC Markets vs Octa
- RoboForex vs XM
- HF Markets vs Pepperstone
- Admirals vs AvaTrade
- ThinkMarkets vs LiteFinance
- eToro vs FXOpen
- InstaForex vs FP Markets
- FXTM vs Markets4you
- FirewoodFX vs Vantage Markets
- FIBOGroup vs BDSwiss
- JustMarkets vs Tickmill
- FxPro vs MTrading
- Grand Capital vs
- More Comparisson
- Comparison List
Which one has the better spread?
Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.
However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, IC Markets provides their pricing with Variable spread while ThinkMarkets offers Variable spread.
IC Markets vs ThinkMarkets: Who hosts the best trading platform?
The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.
To support their clients, IC Markets enables trading with MetaTrader 4, MetaTrader 5, cTrader, webIRESS, ProDeal, Social Trading, ZuluTrade. The offer is supported with One-click trading, Trailing stop, Pending orders. In comparison, ThinkMarkets provides trading with MetaTrader 4, MetaTrader 5, ThinkTrader, Social trading, Web with the support of One-click trading, Pending orders.
Is IC Markets or ThinkMarkets better in providing the trading instruments?
It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.
In this case, IC Markets supports trading with Forex, CFD, Bonds, Crypto, Commodities, Gold, Oil, Indices, Stock, while ThinkMarkets presents the ability of trading with Forex, Gold & silver, Stock CFD, Indexes, Crypto, Oil.
In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.
Looking for more references? Here are other comparisons related to IC Markets and ThinkMarkets:
- Compare IC Markets vs XM
- Compare IC Markets vs Dukascopy
- Compare IC Markets vs Blaze Markets
- Compare ThinkMarkets vs FP Markets
- Compare ThinkMarkets vs Grand Capital
- Compare ThinkMarkets vs HF Markets
For more comparisons, visit this page.