Compare RoboForex Vs ThinkMarkets: Which is the Better Forex Broker in 2024?
RoboForex 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 RoboForex Vs ThinkMarkets, here is the direct comparison:
Feature | RoboForex | ThinkMarkets |
General Rating |
3.07/5 |
2.87/5 |
|
Score | 76 | 73 | |
Trustpilot |
4.2/5 409 users |
4.3/5 79 users |
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💼 Regulation | |||
❗Info | |||
⌛ Established | 2009 | 2010 | |
💲 Min Deposit | $50 | $0 | |
⚖ Max Leverage | 1:400 | 1:500 | |
🔢 Spread | Variable | Variable | |
💸 Commissions | $3.50 | ||
💡 Min Position | 0.01 lot | 0.01 lot |
💳 Payment | Skrill, Credit/debit cards, Neteller, UnionPay, Western Union, Perfect Money, Boleto Bancário, Local bank transfer, AdvCash and AstroPay | Crypto, BPAY, Credit/debit cards, Ethereum, Neteller, PayPal, Skrill, Tether (USDT), Wire transfer and Perfect money | |
🏢 Office(s) |
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🧩 Demo Account | |||
📁 Segregated Account | |||
🕋 Islamic Account | |||
👨💻 PAMM Account | |||
📈 Managed Account | |||
LAMM Account | |||
MAM Account |
💱 Hedging | |||
🇺🇸 US traders | |||
📫 Requires sending documents via postal mail | |||
🕛 Swaps | |||
☎️ Trading by telephone |
🏆 Trading contests | |||
⚡ Automated trading | |||
💰 Bonus offers | |||
📖 Free education | |||
👔 Affiliate program |
1️⃣ One-click trading | |||
⏱ Trailing stop | |||
⏳ Pending orders |
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🗣 Website Languages | English | Arabic, Chinese, Czech, English, German, Greek, Indonesian, Italian, Malay, Polish, Portuguese, Spanish, Thai, Vietnamese |
🚪 Trade Now | Open RoboForex | Open ThinkMarkets |
Testimonials
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RoboForex: satisfied with services
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RoboForex: nice broker
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RoboForex: My experience with Roboforex has been quite satisfactory.
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RoboForex: good mobile app
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RoboForex: Decent broker
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RoboForex: satisfied with services
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RoboForex: nice broker
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RoboForex: My experience with Roboforex has been quite satisfactory.
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RoboForex: good mobile app
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RoboForex: Decent broker
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ThinkMarkets: I've been trading there for the last six months. A...
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ThinkMarkets: Very high and frequent slippage at us30 and nas100, us30...
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ThinkMarkets: I've trade with Thinkmarkets for a year now. So far...
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ThinkMarkets: Thank you my friend recommend me ThinkMarkets. Their customer service...
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ThinkMarkets: No negative experience with Thinkmarkets. Funding process are easy, the...
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RoboForex: satisfied with services
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See More RoboForex Testimonials
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See More ThinkMarkets Testimonials
News
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ThinkMarkets Expands Trading Options with NETH25 and SWI20 Indices
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ThinkMarkets Expands Trading Options with Spread Betting on ThinkTrader
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ThinkMarkets Now Licensed to Serve MENA Traders with DFSA Approval
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Earn Passive Profits to 80% with RoboForex Infinity Program
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ThinkMarkets Faces $4.28M Lawsuit: Must Return Client Funds
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ThinkMarkets Introduces TradingView Integration on ThinkTrader
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ThinkMarkets Stumbles: FG Acquisition Corp. Withdraws IPO Prospectus
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RoboForex Launches Commission Schemes for CopyFX Traders
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RoboForex Crowned the Best Partner Program Global 2023
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ThinkMarkets Introduces Mini Account with Dynamic Leverage
Articles
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How to Deposit and Withdraw in ThinkMarkets
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How to Open Account in ThinkMarkets
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RoboForex Mobile App: a Comprehensive Review for Traders
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How to Open Account in RoboForex
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How to Deposit and Withdraw in RoboForex
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1 Million USD from RoboForex: New Promotion for Partners
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Start Trading and Earn 60% Profit Share with RoboForex
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Get $30 to Trade with RoboForex Welcome Bonus
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10 Ways to Successful Trading from ThinkMarkets
Bonus
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RoboForex: 60% Tradable Profit Share Bonus
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RoboForex: VPS free
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RoboForex: NEW $30 NO DEPOSIT BONUS
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RoboForex: Receive up to 40% of Additional Payouts from RoboForex VIP Program
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RoboForex: 15% Cash - Back Rebate Service
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RoboForex: Up to 10% of Extra Funds on Account Balance
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RoboForex: Receive On Deposit Bonus up to 120%
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See More RoboForex Bonus
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- 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, RoboForex provides their pricing with Variable spread while ThinkMarkets offers Variable spread.
RoboForex 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, RoboForex enables trading with MetaTrader 4, MetaTrader 5, R StockTrader, Web, Social trading. The offer is supported with . In comparison, ThinkMarkets provides trading with MetaTrader 4, MetaTrader 5, ThinkTrader, Social trading, Web with the support of One-click trading, Pending orders.
Is RoboForex 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, RoboForex supports trading with ETF, Energies, Indexes, Stocks, Oil, Gold & silver, Forex, Metals, 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 RoboForex and ThinkMarkets:
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