To find the top fx brokers
, the team here at ForexBrokers.com collected over 6,000 data points during a seven month review of the forex industry. In this fx broker comparison, we will compare KVB Kunlun vs ThinkMarkets.
To assess both of these forex brokers, we will begin with cost. Comparing two fx brokers on cost is not easy. First, not every broker publicizes their average spreads. And, for the brokers that do publish their data, the formulas used to calculate average spreads can vary. Furthermore, the currency pair you are trading can impact cost, as well as the execution policies of the broker. Dealing desk or no dealing desk? The list goes on and on. To make comparing cost easy, we have a star rating that takes everything into account. ThinkMarkets received a rating of 4.00 stars over KVB Kunlun 's 3.00 stars.
Next to commissions and fees, regulation and currency availability are important to take into consideration. You want to trust and have confidence the forex broker you choose. KVB Kunlun alongside ThinkMarkets are regulated in a major hub. KVB Kunlun is a publicly traded company, ThinkMarkets isn't. And, when it comes to total currency pairs available to trade, a quick comparison is helpful. KVB Kunlun trails ThinkMarkets by 3 total currency pairs (for example, EUR/USD), with ThinkMarkets offering 33 and KVB Kunlun offering 30.
To round out our comparison of KVB Kunlun vs ThinkMarkets, let's look at the tools and features most used by forex traders. For trading platforms, traders are all familiar with MetaTrader. Both KVB Kunlun and ThinkMarkets offer Meta Trader. With a platform picked out, looking at charts is a must so they should be of high-quality. As part of our research, we count the number of drawing tools and total technical indicators available. Both brokers offer clients access to the same number of charting tools, 31. KVB Kunlun and ThinkMarkets offer the same number of indicators (eg, volume), 51.
Overall, ThinkMarkets boasts 4.00 stars versus KVB Kunlun 's 2.50 stars. And, when it comes to individual category awards, unfortunately, neither KVB Kunlun nor ThinkMarkets received awards Best in Class - Platforms & Tools, Best in Class - Research, Best in Class - Customer Service, Best in Class - Active Trading, Best in Class - Mobile Trading and Best in Class - Investor Education.