InstaForex vs ThinkMarkets

InstaForex vs ThinkMarkets Comparison Table 2023
InstaForex Review 2023	ThinkMarkets Review 2023
Review 3.2	Review 4
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available CFD brokers
InstaForex is a CFD broker providing access to forex, stocks, cryptocurrencies, commodities, energies, indices, and more. With competitive fees and a huge range of available assets, the brand offers safe and reliable trading. Millions of traders have opened an account with the firm which offers a suite of active trading and investment opportunities.	ThinkMarkets is a reputable CFD and forex broker with regulation from several top-tier bodies including the FCA and ASIC. 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. Fees are competitive, particularly for the ThinkZero account with spreads starting at zero.
All investments involve a degree of risk of some kind. Trading financial derivative products comes with a high risk of losing money rapidly due to leverage. You should not engage in trading these instruments unless you fully understand the nature of the transactions you are entering into, and the true extent of your exposure. These types of investments may be suitable for some investors, but they are not for everyone.	71.89% of retail investor accounts lose money when trading CFDs with this provider.
Bonus Offer
$3500 No Deposit Bonus, Club Bonus, Bonus 30%, Bonus 55%, and Bonus 100%
Promotions
Claim A 100% Deposit Bonus At InstaForex
Comment by Reviewer
"InstaForex is a good choice for currency traders familiar with the MT4 and MT5 platforms. The broker offers more forex pairs than most rivals with tight spreads and a low minimum deposit."	"ThinkMarkets is a reliable, multi-regulated broker that will suit most CFD traders thanks to its large asset list, competitive fees and excellent platform options."
Pros
Demo account available MT4 and MT5 integration Low minimum deposit to get started Wide market access with hundreds of assets Good range of payment methods including bank cards Reputable brand that over seven million investors have signed up to in the last 15+ years	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) Reliable 24/7 multilingual support via telephone, email or live chat Quick and easy to open a ThinkMarkets account
Cons
The broker’s website and Client Cabinet can feel tricky to navigate	$500 minimum deposit for ThinkZero account Not many payment methods available for UK traders Limited bonus offers, refer-a-friend schemes or trading competitions
Awards
Best Forex Broker, International Investor Awards 2022 Best Crypto Broker 2022, Forexing.com Best Customer Service Broker 2022, AllForexBonus.com Best Broker 2022 in Latin America, International Business Magazine Best Affiliate Program 2022, GBM Best Forex Broker 2022, International Investor Awards Most Active Broker in Asia 2020, AtoZ Markets Forex Awards Best Affiliate Program 2020, Global Brands Magazine Best Broker in Asia 2019, Le Fonti Awards Best Managed Account 2019, IAFT Awards Best ECN Broker in Asia 2018, International Business Magazine	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
Instruments
Currencies, Cryptocurrencies, Stocks, Indices, Metals, Oil and Gas, Commodity Futures and InstaFutures	CFDs, Forex, Stocks, ETFs, Futures, Commodities, Crypto, Spread Betting (UK Only)
Demo Account
Yes	Yes
Minimum Deposit
$1	$0
Trading Platforms
MT4 MT5	ThinkTrader MT4 MT5 AutoChartist TradingCentral
Payment Methods
Bank cards, Bitcoin, Litecoin, Tether, Ethereum, Skrill, Neteller, PayCo, AstroPay, WebMoney, plus Local Banking & Transfer Solutions	Apple Pay BPAY Credit Card Google Wallet Mastercard Neteller POLi Skrill Visa Wire Transfer
Minimum Trade
0.10 of the lot (0.0001 of market lot for Cent.Standard and Cent.Eurica)	0.01 Lots
Regulator
BVI FSC	FCA, ASIC, CySEC, FSCA, JFSA, FSA Seychelles
Margin Trading
Yes	Yes
STP Account
No	Yes
ECN Account
Yes	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
Yes	Yes
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
Mobile Apps
iOS and Android + browser based platform	iOS & Android
Auto Trading
Yes	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	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 to plan setups.
Social Trading
No	Yes
Trade Signals
	Signal Centre
VPS Hosting
Yes	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$0
Islamic Account
Yes	Yes
Account Currencies
USD EUR	USD EUR GBP AUD JPY CHF
Stock Exchanges
Australian Securities Exchange Borsa Italiana CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng IBEX 35 Japan Exchange Group Nasdaq S&P 500 SIX Swiss Exchange	Australian Securities Exchange DAX GER 40 Index Dow Jones FTSE UK Index IBEX 35 Nasdaq S&P 500
Commodities
Cocoa Coffee Copper Cotton Gasoline Gold Livestock Natural Gas Oil Orange Juice Palladium Platinum Silver Soybeans Sugar Wheat	Copper Gold Natural Gas Oil Platinum Silver
CFD Trading
Trade CFDs across indices, metals and even IPOs with flexible account types and leverage up to 1:1000. You can choose between two excellent platforms with a range of technical indicators and fundamental analysis features.	ThinkMarkets offers CFDs on a good range of instruments, the most extensive being stocks and ETFs with 3500+ assets, as well as indices and commodities, amongst others. Leverage is available up to 1:30 in the EU and UK, while clients of the offshore branch can access up to 1:500 leverage.
Leverage
1:1000	1:500
FTSE Spread
Fixed	0.7
GBPUSD Spread
Av. Floating 0.6 pips	0.4
Oil Spread
Fixed	0.03
Stocks Spread
Commissions as low as 0.1%	From 0.4
Forex Trading
Go long or short on a range of major and minor currency pairs with tight spreads. Powerful trading software is available with a choice of instant and pending orders.	ThinkMarkets offers 46 forex pairs, including a decent variety of minors and exotics as well the majors. Forex traders also benefit from very tight spreads starting from 0.0 pips for the EUR/USD in the Zero account.
GBPUSD Spread
Av. Floating 0.6	0.3
EURUSD Spread
Av. Floating 0.2	0.0
EURGBP Spread
Av. Floating 0.5	0.0
Assets
1000+	45+
Currency Indices
USD
Cryptocurrency
InstaForex offer crypto CFD trading on leading tokens with very low fees. Investors can speculate on over 50 cryptocurrencies, more than many competitors.	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.
Spread
0.1%	BTC 25, ETH 6 (Variable)
Coins
BCH BTC ETH LTC XRP and50+more	BCH LTC XMR DOGE XLM BTC ETH XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
All investments involve a degree of risk of some kind. Trading financial derivative products comes with a high risk of losing money rapidly due to leverage. You should not engage in trading these instruments unless you fully understand the nature of the transactions you are entering into, and the true extent of your exposure. These types of investments may be suitable for some investors, but they are not for everyone.	71.89% of retail investor accounts lose money when trading CFDs with this provider.
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