PrimeXBT vs ThinkMarkets

PrimeXBT vs ThinkMarkets Comparison Table 2023
PrimeXBT ThinkMarkets
WINNER
PrimeXBT is the better broker
4.2
United States Flag Traders from US not accepted
4
United States Flag Traders from US not accepted
PrimeXBT is a Bitcoin-based platform offering highly leveraged trading in FX, indices, commodities, & cryptocurrencies. Copy trading and crypto staking also available. ThinkMarkets is a multi-regulated forex and CFD broker
71.89% of retail investor accounts lose money when trading CFDs with this provider.
Pros
  • Low minimum deposit
  • Copy trading
Cons
  • No demo account
  • No MT4 integration
  • No regulatory oversight
Awards
  • Best Crypto Trading App
  • Best Platform For Margin Trading
  • 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
Promotions

Enter PrimeXBT Virtual Contests To Win Real Prizes

Instruments
CFDs, Cryptos, Forex, Indices, Commodities Forex, CFDs, ETFs, Futures, Shares, Commodities, Cryptocurrencies, Spread Betting (UK Only)
Demo Account
No Yes
Minimum Deposit
0.001 BTC $0
Payment Methods
Minimum Trade
0.01 contract 0.01 lots
Regulator
FCA, ASIC, FSCA, CySEC, JFSA, FSA Seychelles
Margin Trading
Yes No
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No Yes
eSignal
No No
Trading Central
No Yes
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 No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS & Android Yes
Auto Trading
Yes - EAs compatible
Copy Trading
Yes Yes
Copy Trading Platform
PrimeXBT offers an excellent Covesting module where traders can follow the strategies of other users with free and paid-for signals.
Social Trading
Yes Yes
Trade Signals
No No
VPS Hosting
No Yes
Tournaments
Yes No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No Yes
Stock Exchanges
Commodities
CFD Trading
Trade leveraged CFDs with low fees and fast execution speeds. CFDs are available on multiple markets, including FX, indices, shares, commodities & cryptocurrency
Leverage
1:200 1:500
FTSE Spread
Variable 0.7
GBPUSD Spread<
Variable 0.4
Oil Spread
Variable 0.03
Stocks Spread
Variable From 0.4
Forex Trading
Trade on close to 20 currency pairs, including crypto pairs. 'Covest' and follow experienced traders. Trading available on 46 major, minor, and exotic currency pairs
GBPUSD Spread
Variable 0.3 (ThinkZero) Variable
EURUSD Spread
Variable 0.0 (ThinkZero) Variable
EURGBP Spread
Variable 0.0 (ThinkZero) Variable
Assets
18 46
Cryptocurrency
Trade on popular cryptocurrency coins with an award winning trading platform. Leverage up to 1:200 subject to regulation. Trading on popular 20+ crypto coins, including Bitcoin, Ethereum & Dash. Leverage up to 1:10
Spread
0.05% BTC, 0.05% ETH BTC 25, ETH 6 (Variable)
Coins
  • BTC
  • LTC
  • ETH
  • XRP
  • EOS
  • ADA
  • DOT
  • SOL
  • UNI
  • LINK
  • DOGE
  • BNB
  • ICP
  • SAND
  • BCH
  • LTC
  • XMR
  • DOGE
  • XLM
  • BTC
  • ETH
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
Yes No
Auto Market Maker
No No
71.89% of retail investor accounts lose money when trading CFDs with this provider.
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