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ThinkMarkets vs Tradeo 2023

ForexBrokers.com

Written by ForexBrokers.com

December 27, 2022

Is ThinkMarkets better than Tradeo? In our analysis of 23 international regulators across 62 of the best forex brokers, ThinkMarkets is considered average-risk, with an overall Trust Score of 86 out of 99. Tradeo is considered high-risk, with an overall Trust Score of 67 out of 99. Learn more about Trust Score.

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Overall RatingThinkMarketsTradeo
Overall Rating 4/5 Stars 3.5/5 Stars
Commissions & Fees 3.5/5 Stars 3.5/5 Stars
Offering of Investments 4/5 Stars 3.5/5 Stars
Platform & Tools 4/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 3.5/5 Stars
Research 3/5 Stars 3/5 Stars
Education 3.5/5 Stars 3/5 Stars
Trust Score 86 67
Winner check_circle
Review
RegulationThinkMarketsTradeo
Trust Score 86 67
Year Founded 2010 2012
Publicly Traded (Listed) No No
Bank No No
Authorised in European Union Yes info Yes info
Tier-1 Licenses 2 0
Tier-2 Licenses 2 1
Tier-3 Licenses 0 0
Tier-1 Licenses (High Trust)ThinkMarketsTradeo
ASIC Authorised (Australia) Yes No
IIROC Authorised (Canada) No No
SFC Authorised (Hong Kong) No No
CBI Authorised (Ireland) No No
FSA Authorised (Japan) Yes No
MAS Authorised (Singapore) No No
FINMA Authorised (Switzerland) No No
FCA Authorised (U.K.) Yes No
CFTC Registered (USA) No No
FMA Authorised (New Zealand) No No
Tier-2 Licenses (Average Trust)ThinkMarketsTradeo
CBRC Authorised (China) No No
CySEC Authorised (Cyprus) Yes Yes
SEBI Authorised (India) No No
ISA Authorised (Israel) No No
CBR Authorised (Russia) No No
FSCA Authorised (South Africa) Yes No
SEC Authorised (Thailand) No No
DFSA / Central Bank Authorised (UAE) No No
Tier-3 Licenses (Low Trust)ThinkMarketsTradeo
SCB Authorised (Bahamas) No No
IFSC Authorised (Belize) No No
CIMA Authorised (Cayman Islands) No No
BMA Authorised (Bermuda) No No
FSC Authorised (British Virgin Islands) No No
FSC Authorised (Mauritius) No No
VFSC Authorised (Vanuatu) No No
InvestmentsThinkMarketsTradeo
Forex Trading (Spot or CFDs) Yes Yes
Tradeable Symbols (Total) 1674 256
Forex Pairs (Total) 46 50
U.S. Stock Trading (Non CFD) No No
Int'l Stock Trading (Non CFD) No No
Social Trading / Copy Trading Yes Yes
Cryptocurrency (Physical) No No
Cryptocurrency (CFD) Yes Yes
Disclaimers Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).
CostThinkMarketsTradeo
Average Spread EUR/USD - Standard N/A info N/A info
All-in Cost EUR/USD - Active N/A info N/A info
Active Trader or VIP Discounts Yes Yes
Execution: Agency Broker Yes Yes
Execution: Market Maker Yes No
FundingThinkMarketsTradeo
Minimum Deposit $250.00 $200
PayPal (Deposit/Withdraw) No No
Skrill (Deposit/Withdraw) Yes Yes
Visa/Mastercard (Credit/Debit) Yes Yes
Bank Wire (Deposit/Withdraw) Yes Yes
Trading PlatformsThinkMarketsTradeo
Proprietary Platform Yes No
Desktop Platform (Windows) Yes Yes
Web Platform Yes Yes
Social Trading / Copy Trading Yes Yes
MetaTrader 4 (MT4) Yes Yes
MetaTrader 5 (MT5) Yes Yes
cTrader No No
DupliTrade No No
ZuluTrade Yes No
Trading ToolsThinkMarketsTradeo
Virtual Trading (Demo) Yes Yes
Alerts - Basic Fields Yes Yes
Watchlists - Total Fields 15 7
Charting - Indicators / Studies (Total) 30 30
Charting - Drawing Tools (Total) 15 15
Charting - Trade From Chart Yes Yes
Charts can be saved Yes Yes
Mobile TradingThinkMarketsTradeo
Android App Yes Yes
Apple iOS App Yes Yes
Mobile Alerts - Basic Fields Yes Yes
Mobile Watchlist Yes Yes
Watchlist Syncing No No
Mobile Charting - Indicators / Studies 30 30
Mobile Charting - Draw Trendlines Yes Yes
Mobile Charting - Multiple Time Frames Yes Yes
Mobile Charting - Drawings Autosave No No
Forex Calendar Yes Yes
ResearchThinkMarketsTradeo
Daily Market Commentary Yes No
Forex News (Top-Tier Sources) Yes No
Autochartist No No
Trading Central (Recognia) Yes Yes
Social Sentiment - Currency Pairs No Yes
Economic Calendar Yes Yes
EducationThinkMarketsTradeo
Has Education - Forex or CFDs Yes No
Client Webinars Yes Yes
Client Webinars (Archived) Yes No
Videos - Beginner Trading Videos Yes Yes
Videos - Advanced Trading Videos No No
Investor Dictionary (Glossary) Yes No
Major Forex PairsThinkMarketsTradeo
GBP/USD Yes Yes
USD/JPY Yes Yes
EUR/USD Yes Yes
USD/CHF Yes Yes
USD/CAD Yes Yes
NZD/USD Yes Yes
AUD/USD Yes Yes
Review
OverallThinkMarketsTradeo
Overall Rating 4/5 Stars 3.5/5 Stars
Commissions & Fees 3.5/5 Stars 3.5/5 Stars
Offering of Investments 4/5 Stars 3.5/5 Stars
Platform & Tools 4/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 3.5/5 Stars
Research 3/5 Stars 3/5 Stars
Education 3.5/5 Stars 3/5 Stars
Trust Score 86 67
Winner check_circle
Review
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ThinkMarkets vs Tradeo Comparison

Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare ThinkMarkets vs Tradeo.

Does ThinkMarkets or Tradeo offer lower pricing?

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, ThinkMarkets offers better pricing overall for traders.

Is ThinkMarkets or Tradeo safer for forex and CFDs trading?

At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. ThinkMarkets holds 2 global Tier-1 licenses, while Tradeo holds 0. ThinkMarkets holds 2 global Tier-2 licenses, while Tradeo holds 1. In our analysis of 23 international regulators across 50 brokers, ThinkMarkets earned a higher Trust Score than Tradeo.

Which trading platform is better: ThinkMarkets or Tradeo?

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

What about MetaTrader and copy trading?

For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both ThinkMarkets and Tradeo offer MetaTrader 4 (MT4).ThinkMarkets and Tradeo both offer copy trading.

How many forex pairs and CFDs are available to trade?

Tradeo provides traders 50 currency pairs (e.g., EUR/USD) compared to ThinkMarkets's 46 available pairs. Forex pairs aside, ThinkMarkets offers traders access to 1674 CFDs while Tradeo has 256 available CFDs, a difference of 1418.

Can I trust ThinkMarkets?

ThinkMarkets is not publicly traded and does not operate a bank. ThinkMarkets is authorised by three tier-1 regulators (high trust), two tier-2 regulators (average trust), and one tier-3 regulator (low trust). ThinkMarkets is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC), Japanese Financial Services Authority (JFSA), and the Financial Conduct Authority (FCA).

Can I trust Tradeo?

Tradeo is not publicly traded and does not operate a bank. Tradeo is authorised by zero tier-1 regulators (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust).

Is ThinkMarkets good?

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.

Is Tradeo good?

Tradeo offers its own trading platform and app but its research, educational materials, and range of markets are limited. Also, Tradeo recently stopped accepting new clients and with just one regulatory license, Tradeo has a lower Trust Score than brokers that hold multiple licenses.

Overall winner: ThinkMarkets

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