Compare InstaForex Vs ThinkMarkets: Which is the Better Forex Broker in 2024?
InstaForex 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 InstaForex Vs ThinkMarkets, here is the direct comparison:
Compare | InstaForex | ThinkMarkets |
General Rating |
2.25/5 |
2.87/5 |
Score | ||
Trustpilot |
2.9/5 325 users |
4.3/5 79 users |
πΌ Regulation | ||
β Info | ||
β Established | 2007 | 2010 |
π² Min Deposit | $1 | $0 |
β Max Leverage | 1:1000 | 1:500 |
π’ Spread | Fixed | Variable |
πΈ Commissions | $30 | $3.50 |
π‘ Min Position | 0.0001 lot | 0.01 lot |
π³ Payment | Skrill, Wire transfer, Credit/debit cards, Neteller, UnionPay, AliPay, SOFORT, Crypto, Litecoin, Dash, Crypto Cash, AdvCash, Ripple, Tether (USDT), Dogecoin, NEO, AstroPay and EOS.IO | 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 | ||
Silver | ||
Index | ||
Indices | ||
Commodities | ||
Etf | ||
Bonds | ||
Stock | ||
Binary Options | ||
ETFs | ||
Corporate Stocks | ||
Shares | ||
Stocks 1:5 | ||
Physical Stock |
π£ Website Languages | Arabic, Azerbaijani, Bulgarian, Czech, German, English, Spanish, Indonesian, Italian, Japanese, Georgian, Lithuanian, Latvian/Lettish, Malay, Dutch, Polish, Portuguese, Russian, Slovak, Turkish, Ukrai | Arabic, Chinese, Czech, English, German, Greek, Indonesian, Italian, Malay, Polish, Portuguese, Spanish, Thai, Vietnamese |
πͺ Trade Now | Open InstaForex | Open ThinkMarkets |
Compare Again
Testimonials
-
InstaForex: Hi, I have been trading with InstaForex since last Christmas....
-
InstaForex: I noticed that InstaForex also accept cash deposit as well...
-
InstaForex: I have experienced smooth trading experiments with this broker. Although...
-
InstaForex: I just start trading with this broker and so far...
-
InstaForex: InstaForex is one of few brokers that actually keep their...
-
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 InstaForex Testimonials
-
See More ThinkMarkets Testimonials
News
-
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
-
ThinkMarkets Faces $4.28M Lawsuit: Must Return Client Funds
-
Forex Broker InstaForex Awarded the Best Forex Broker in LatAm
-
ThinkMarkets Introduces TradingView Integration on ThinkTrader
-
Unlock Your Fortune: InstaForex Presents the Grand Choice Contest
-
ThinkMarkets Stumbles: FG Acquisition Corp. Withdraws IPO Prospectus
-
ThinkMarkets Introduces Mini Account with Dynamic Leverage
-
See More Related InstaForex News
-
See More Related ThinkMarkets News
Article
-
How to Deposit and Withdraw in InstaForex
-
How to Deposit and Withdraw in ThinkMarkets
-
How to Open Account in ThinkMarkets
-
InstaForex App Review: Trade Forex Like a Pro on Your Phone
-
How to Verify Your InstaForex Account
-
How to Open Account in InstaForex
-
InstaForex Chancy Deposit: Boost Your Deposit Every Month
-
InstaForex 100% Bonus Agreement: Get Up to $2,000
-
Increase Your Profit Chance with InstaForex 30% Bonus
-
See More Related InstaForex Article
-
See More Related ThinkMarkets Article
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 Forex4You
- 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, InstaForex provides their pricing with Fixed spread while ThinkMarkets offers Variable spread.
InstaForex 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, InstaForex enables trading with MetaTrader 4, MetaTrader 5, Web, Social trading. 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 InstaForex 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, InstaForex supports trading with Forex, Gold & silver, CFD, Binary options, Crypto, Oil, Indices, Stock, Commodities, 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 InstaForex and ThinkMarkets:
- Compare InstaForex vs FXOpen
- Compare InstaForex vs GOMarkets
- Compare InstaForex vs Vantage Markets
- Compare ThinkMarkets vs Interactive Brokers
- Compare ThinkMarkets vs Fxview
- Compare ThinkMarkets vs Exness
For more comparisons, visit this page.