Admiral Markets vs ThinkMarkets 2023

Admiral Markets is not publicly traded and does not operate a bank. Admiral Markets is authorised by four Tier-1 regulators (Highly Trusted), two Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and one Tier-4 regulator (High Risk). Admiral Markets is authorised by the following Tier-1 regulators: Australian Securities & Investment Commission (ASIC), Canadian Investment Regulatory Organization (CIRO), Financial Conduct Authority (FCA), and regulated in the European Union via the MiFID passporting system.

ThinkMarkets is not publicly traded and does not operate a bank. ThinkMarkets is authorised by five tier-1 regulators (Highly Trusted), two tier-2 regulators (Average Risk), zero tier-3 regulators (low trust), and two tier-4 regulators (High Risk). ThinkMarkets is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC), Japanese Financial Services Authority (JFSA), Financial Markets Authority (FMA), Financial Conduct Authority (FCA), and regulated in the European Union via the MiFID passporting system.

Traders choose Admiral Markets (Admirals) for its excellent investor education and advanced MetaTrader features – such as the Supreme add-ons – alongside an extensive range of shares, forex and CFD markets, and premium research content.

ThinkMarkets has multiple regulatory license and offers a proprietary trading platform, as well as the entire MetaTrader suite. The broker has made progress in key areas, such as research and education, and the range of markets available, although trails behind the best brokers in these categories.

To open a trading account with Admiral Markets, you'll need to make an initial minimum deposit of $100.

ThinkMarkets requires a minimum deposit of $0 before you can open an account and start trading.

It's important to make sure that your forex broker accepts the funding options and deposit methods that work best for you. Admiral Markets offers Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw), PayPal (Deposit/Withdraw), Skrill (Deposit/Withdraw) and Neteller (Deposit/Withdraw) for banking, whereas ThinkMarkets provides Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw), Skrill (Deposit/Withdraw) and Neteller (Deposit/Withdraw)

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spread data, and pricing structures vary. Based on our thorough, data-driven testing of each broker's commissions and fees, we found that Admiral Markets offers better pricing overall for traders.

Methodology: When testing each broker's commissions, fees, and pricing, we analyze multiple trade scenarios and award points based on the expansiveness (or inexpensiveness) of the broker's spreads. We then run multiple scenarios for different investor types, incorporating any miscellaneous fees, to determine an "all-in" cost per trade. Learn more about how we test.

At ForexBrokers.com, we track over 100 international regulatory agencies to help you choose the most well-regulated, highly trusted forex brokers. Learn more about our proprietary Trust Score rating system. Based on our research on the regulatory status of over 60 brokers, we've found that ThinkMarkets holds 5 global Tier-1 licenses, while Admiral Markets holds 4. Both Admiral Markets and ThinkMarkets hold 2 global Tier-2 licenses.

After evaluating each broker based on their number of held licenses, years in business, and a range of other data-driven variables, we've determined that Admiral Markets (93) earned a higher Trust Score than ThinkMarkets (92).

To compare the trading platforms of both Admiral Markets and ThinkMarkets, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Admiral Markets offers a better experience. With research, Admiral Markets offers superior market research. Finally, we found ThinkMarkets to provide better mobile trading apps.

Here’s what trading platforms are available at Admiral Markets:

• Proprietary Platform - Yes
• Web Platform - Yes
• cTrader - No
• DupliTrade - No
• MT4 - Yes
• MT5 - Yes
• ZuluTrade - No
• TradingView - No

Here’s what trading platforms are available at ThinkMarkets:

• Proprietary Platform - Yes
• Web Platform - Yes
• cTrader - No
• DupliTrade - No
• MT4 - Yes
• MT5 - Yes
• ZuluTrade - No
• TradingView - No

The MetaTrader trading platform suite is wildly popular among forex and CFD traders across the globe. Both Admiral Markets and ThinkMarkets offer MetaTrader 4 (MT4). Forex traders also appreciate the ability to engage in social copy trading. Admiral Markets and ThinkMarkets both offer copy trading.

Admiral Markets provides traders 80 currency pairs (e.g., EUR/USD) compared to ThinkMarkets's 46 available pairs. If you are interested in trading CFDs, Admiral Markets offers traders access to 6942 CFDs, while ThinkMarkets offers access to 4000 CFDs; so Admiral Markets offers 2942 more CFDs than ThinkMarkets.

We found in our testing that Admiral Markets offers a more diverse selection of investment options than ThinkMarkets, allowing you to trade both brokers allow traders to trade Forex Trading (Spot or CFDs), U.S. Stocks (CFD), Int'l Stock Trading (Non CFD), Cryptocurrency (Derivative), Social Trading / Copy Trading and Spread Betting. Neither have Cryptocurrency (Physical).