Mega Trader FX vs ThinkMarkets

Mega Trader FX vs ThinkMarkets Comparison Table 2022
Mega Trader FX ThinkMarkets
Mega Trader FX is a multi-asset broker offering 1:500 leverage and deposit bonuses. ThinkMarkets is a multi-regulated forex and CFD broker
71.89% of retail investor accounts lose money when trading CFDs with this provider.
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Awards
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
Bonus
20% deposit bonus up to $2,000 None
Instruments
Forex, CFDs, indices, precious metals, energies Forex, CFDs, indices, stocks, commodities, cryptocurrency, spread betting (UK Only)
Demo Account
Yes Yes
Minimum Deposit
$0 $0
Payment Methods
Neteller, Skrill, Visa BPAY, Credit Card, Mastercard, Neteller, POLi, Skrill, Visa, Wire Transfer
Minimum Trade
0.01 lots 0.01 lots
Regulator
CySEC FCA, ASIC, FSCA, FSA Seychelles
Margin Trading
No No
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
cTrader
No No
STP Account
No Yes
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No Yes
LAMM Account
No No
Demat Account
- No
AI / Machine Learning
- No
Robo Advisor
- No
Negative Balance Protection
- Yes
Market Maker
- No
P2P Trading
- No
Spot Trading
No No
Mobile Apps
Yes Yes
Auto Trading
Yes (EAs) Yes - EAs compatible
Trade Signals
- No
VPS Hosting
- -
Tournaments
- -
Demo Competitions
- -
Ethical Investing
- -
Social Trading
No Yes
Copy Trading
No Yes
Islamic Account
Yes Yes
Account Currencies
- -
CFD
CFD products are available on multiple financial markets. CFDs are available on multiple markets, including FX, indices, shares, commodities & cryptocurrency
Leverage
1:500 1:500
FTSE Spread
Variable 0.7
GBPUSD Spread
2.6 1.2
Oil Spread
Variable 3
Stocks Spread
N/A From 0.4 points
Forex
Online trading is available on major, minor and exotic FX pairs. Trading available on 40 major, minor, and exotic currency pairs
GBPUSD Spread
2.6 0.3 (ThinkZero) Variable.
EURUSD Spread
1.9 0.0 (ThinkZero) Variable.
EURGBP Spread
2.5 0.3 (ThinkZero) Variable.
Assets
54 40
Cryptocurrency
Crypto trading not offered Trading on popular 15+ crypto coins, including Bitcoin, Ethereum & Dash. Leverage up to 1:10
Spread
BTC 25, ETH 6 (Variable)
Coins
BTC, ETH, XRP, BCH, LTC
Crypto Lending
- No
Crypto Mining
- No
Auto Market Maker
- No
71.89% of retail investor accounts lose money when trading CFDs with this provider.
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