ThinkMarkets vs Interactive Brokers

ThinkMarkets vs Interactive Brokers Comparison Table 2021
ThinkMarkets Interactive Brokers
ThinkMarkets is a multi-regulated forex and CFD broker IB Boast a huge market share of global trading. With a minimum deposit of $10,000 however, they remain an option for larger traders only.
75.50% 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 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
None None
Instruments
Forex, CFDs, indices, stocks, commodities, cryptocurrency, spread betting (UK Only) Stocks, Futures, E-minis, Options, CFD, Forex, Crypto
Demo Account
Yes Yes
Minimum Deposit
$0 $10000
Payment Methods
BPAY, Credit Card, Mastercard, Neteller, POLi, Skrill, Visa, Wire Transfer Apple Pay, Cheque, Credit Card, Google Pay, JCB Card, Mastercard, Samsung Pay
Minimum Trade
0.01 lots $100
Regulator
FCA, ASIC, FSCA, FSA Seychelles SEC, FCA
Margin Trading
No Yes
Margin Rate
1.55 - 2.59%
MetaTrader 4
Yes No
MetaTrader 5
Yes No
cTrader
No No
STP Account
Yes Yes
ECN Account
No No
DMA Account
No Yes
Mobile Apps
Yes iOS, Android and Windows
Auto Trading
Yes - EAs compatible No
Trade Signals
No No
Social Trading
Yes No
Copy Trading
Yes No
Islamic Account
Yes No
Account Currencies
- USD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF
CFD
CFDs are available on multiple markets, including FX, indices, shares, commodities & cryptocurrency
Leverage
Up to 1:500 1:50 Var
FTSE Spread
0.7 0.005% (£1 Min)
GBPUSD Spread
1.2 Commission (.20 pts x trade value)
Oil Spread
3 N/A
Stocks Spread
From 0.4 points From 0.003 per share, variable
Forex
Trading available on 40 major, minor, and exotic currency pairs
GBPUSD Spread
0.3 (ThinkZero) Variable. Commission (.20 pts x trade value)
EURUSD Spread
0.0 (ThinkZero) Variable. Commission (.20 pts x trade value)
EURGBP Spread
0.3 (ThinkZero) Variable. Commission (.20 pts x trade value)
Assets
40 70+
Cryptocurrency
Trading on popular 15+ crypto coins, including Bitcoin, Ethereum & Dash
Spread
BTC 25, ETH 6 (Variable)
Coins
BTC, ETH, XRP, BCH, LTC BTC, LTC, ETH, XRP
75.50% of retail investor accounts lose money when trading CFDs with this provider.