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ThinkMarkets vs XTB 2019

Is ThinkMarkets better than XTB? After assessing the best forex brokers on nearly 100 different variables, XTB is better than ThinkMarkets. As a trusted multi-asset broker regulated in several major financial centers, XTB provides a well-rounded, competitive trading experience. No question, customer service, and xStation 5 are the broker’s two standout highlights.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Overall Rating

Feature ThinkMarkets XTB
Overall 3.5 4
ThinkMarkets Review XTB Review
74-89% of retail CFD accounts lose money 79% of retail CFD accounts lose money

Regulation

Feature ThinkMarkets XTB
Trust Score 80 92
Year Founded
2010 2002
Publicly Traded (Listed)
No Yes
Bank
No No
Tier-1 Licenses
2 1
Tier-2 Licenses
0 1
Tier-3 Licenses
0 1
Authorised in the European Union
Yes Yes

Tier-1 Licenses

Feature ThinkMarkets XTB
ASIC Authorised (Australia)
Yes No
IIROC Authorised (Canada)
No No
SFC Authorised (Hong Kong)
No No
FSA Authorised (Japan)
No No
MAS Authorised (Singapore)
No No
FINMA Authorised (Switzerland)
No No
FCA Authorised (UK)
Yes Yes
CFTC Registered (USA)
No No

Investments

Feature ThinkMarkets XTB
Forex: Spot Trading
Yes Yes
Social Trading / Copy-Trading
Yes Yes
Currency Pairs (Total Forex pairs)
40 49
CFDs - Total Offered
192 1894
Cryptocurrency traded as actual
No No
Cryptocurrency traded as CFD
Yes Yes
Offering of Investments 3 3.5
Winner check_circle

Cost

Feature ThinkMarkets XTB
Average Spread EUR/USD - Standard
N/A 0.78 (as of Q3 19)
All-in Cost EUR/USD - Active
N/A 0.78 (as of Q3 19)
Active Trader or VIP Discounts
Yes Yes
Commissions & Fees 3.5 4
Winner check_circle

Funding

Feature ThinkMarkets XTB
Minimum Initial Deposit
$250.00 $0.00
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
No Yes
Skrill (Deposit/Withdraw)
No Yes

Trading Platforms

Feature ThinkMarkets XTB
Proprietary Platform
Yes Yes
Desktop Platform (Windows)
Yes Yes
Web Platform
Yes Yes
Social Trading / Copy-Trading
Yes Yes
MetaTrader 4 (MT4)
Yes Yes
MetaTrader 5 (MT5)
No No
cTrader
No No

Trading Tools

Feature ThinkMarkets XTB
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
7 7
Charting - Indicators / Studies (Total)
51 51
Charting - Drawing Tools (Total)
31 31
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
Yes Yes
Order Type - Trailing Stop
Yes Yes
Platform & Tools 3.5 4
Winner check_circle

Mobile Trading

Feature ThinkMarkets XTB
Android App
Yes Yes
Apple iOS App
Yes Yes
Trading - Forex
Yes Yes
Trading - CFDs
Yes Yes
Alerts - Basic Fields
Yes Yes
Watch List
Yes Yes
Watch List Syncing
No No
Charting - Indicators / Studies
30 30
Charting - Draw Trend Lines
Yes Yes
Charting - Trend Lines Moveable
Yes Yes
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
No No
Forex Calendar
No Yes
Mobile Trading 4 3.5
Winner check_circle

Research

Feature ThinkMarkets XTB
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
Yes Yes
Weekly Webinars
Yes No
AutoChartist
Yes No
Trading Central (Recognia)
No No
Delkos Research
No No
Social Sentiment - Currency Pairs
No Yes
Economic Calendar
Yes Yes
Research 3.5 4
Winner check_circle

Education

Feature ThinkMarkets XTB
Has Education - Forex
Yes Yes
Has Education - CFDs
Yes Yes
Client Webinars
Yes Yes
Client Webinars (Archived)
Yes Yes
Videos - Beginner Trading Videos
No Yes
Videos - Advanced Trading Videos
No Yes
Investor Dictionary (Glossary)
Yes No
Education 3.5 4
Winner check_circle

Major Forex Pairs

Feature ThinkMarkets XTB
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

Overall

Feature ThinkMarkets XTB
ThinkMarkets Review XTB Review
Overall 3.5 4
Winner check_circle
After spending several months and hundreds of hours researching 28 different forex brokers for trading FX, our team at ForexBrokers.com team collected over 2,200 data points. For this review, we will compare ThinkMarkets vs XTB.

To compare these two FX brokers, we will first take a look at the fees charged for trading (no easy task). Not every forex broker publicizes their average spreads, spreads data can vary, as can execution policies and how commissions are charged. Specifically, is the broker a dealing desk (market maker), no dealing desk (agency broker) or are both execution methods offered (dealing desk + STP/ECN)? To simplify this research, we assessed everything for you and provide a single star rating for cost. XTB received a rating of 4.00 stars over ThinkMarkets's 3.50 stars.

Commissions and fees aside, let's take a look at regulation and currency availability. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. ThinkMarkets alongside XTB are regulated in a major hub. XTB is a publicly traded company, while ThinkMarkets is not. As far as how many currency pairs are available for trading, here's the answer. XTB offers its clients access to 49 different currency pairs while ThinkMarkets has 40 available pairs, a difference of 9.

Next, let's look at the tools and features fx traders desire. With trading platforms, forex traders are all familiar with MetaTrader. Both ThinkMarkets and XTB offer Meta Trader. Regardless of the trading platform you use, charting should be feature rich. To help compare these two brokers, we counted the number of drawing tools and total technical indicators made available. Both brokers offer clients access to the same number of charting tools, 31. Both brokers offer clients access to the same number of indicators (eg, moving averages), 51.

ThinkMarkets Review
XTB Review


Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published web site as of 02/18/2019 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.

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