JustMarkets vs ThinkMarkets Comparison
ThinkMarketsWe test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of JustMarkets and ThinkMarkets
| Broker | JustMarkets | ThinkMarkets |
|---|---|---|
| Rating | 4.1/5 | 4/5 |
| Foundation Year | 2012 | 2009 |
| Regulated in Countries | Seychelles, Cyprus, Mauritius, South Africa | Seychelles, United Kingdom, Australia, Cyprus, South Africa, Japan, Cayman Islands |
| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:3000 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | JustMarkets Review | ThinkMarkets Review |
JustMarkets is suitable for beginners, offering a demo account and educational materials to learn Forex trading
ThinkMarkets suits traders who value attractive trading conditions, a wide range of products, analytical tools, and educational materials.
JustMarkets Review
Thanks to a wide range of trading platforms and educational materials, JustMarkets is a worthy choice, especially for novice traders. Experienced traders will also find advantages such as various trading accounts and quality technical support. However, it should be noted that the choice of trading instruments here is less diverse than that of some competitors.
Pros and Cons of JustMarkets
Pros
- A variety of trading accounts and services.
- A wide range of methods for account funding and withdrawal.
- Quality technical support.
- Useful analytical materials.
Cons
- Limited selection of products.
- Educational materials only for beginners.
ThinkMarkets Review
ThinkMarkets is a highly regulated broker with licenses from the FCA and ASIC, confirming its reliability and operations transparency. The broker offers a wide range of trading platforms suitable for beginners and experienced traders. Extensive analytical resources and educational materials help traders to develop their skills and improve trading efficiency. Round-the-clock support ensures that help is always available, no matter the time of day.
ThinkMarkets is ideal for traders who are looking for a reliable and well-regulated broker with a variety of technological solutions and analytical tools. The broker is especially suitable for active traders who are willing to invest time in learning the market through the training materials offered.
Pros and Cons of ThinkMarkets
Pros
- Wide range of trading platforms.
- Strong analytical support.
- Extensive educational materials.
- 24/7 technical support.
Cons
- Limited choice of trading accounts.
- Withdrawal fees and account inactivity fees.
Reliability
| Broker | JustMarkets | ThinkMarkets |
|---|---|---|
| Reliability | 4/5 | 5/5 |
| Foundation Year | 2012 | 2009 |
| Regulated in Countries | Seychelles, Cyprus, Mauritius, South Africa | Seychelles, United Kingdom, Australia, Cyprus, South Africa, Japan, Cayman Islands |
| Regulators | SFSA SFSA CySEC CySEC FSC FSC FSCA FSCA - | SFSA SFSA - FCA FCA ASIC ASIC CySEC CySEC FSCA FSCA JFSA JFSA CIMA CIMA |
JustMarkets
JustMarkets is regulated by various authorities, including CySEC and FSCA, as well as less stringent ones such as SFSA and VFSC.
Pros
- Regulation in countries with relatively strict financial laws (Cyprus, South Africa).
- Presence of multiple regulators, indicating a commitment to diversification.
Cons
- Lack of strict regulators such as FCA and ASIC
ThinkMarkets
The presence of licenses from authoritative regulators and a good reputation speak to the reliability of ThinkMarkets.
Account Opening
| Broker | JustMarkets | ThinkMarkets |
|---|---|---|
| Account Opening | 5/5 | 4/5 |
| Minimum Deposit |
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JustMarkets
The account opening process on the JustMarkets website is generally simple and fast.
ThinkMarkets
The account opening process at ThinkMarkets is simple and convenient. However, due to the possible verification process taking up to 2 days, the account opening process may not be as fast as desired.
Account Types
| Broker | JustMarkets | ThinkMarkets |
|---|---|---|
| Account Types | 4.8/5 | 3.3/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:3000 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
JustMarkets
JustMarkets offers a good selection of trading accounts, satisfying various traders' needs.
Pros
- Variety of account types.
- Additional services (copy trading, MAM accounts, contests)
- Suitable for various categories of traders
Cons
- Absence of fixed spread accounts
ThinkMarkets
ThinkMarkets offers two main types of accounts, but the variety of accounts is limited, and there are no accounts for certain groups of traders.
Pros
- Free VPS
- Ability to copy trades of successful traders
Cons
- Lack of cent accounts and fixed spread accounts
- No Islamic account
Commissions
| Broker | JustMarkets | ThinkMarkets |
|---|---|---|
| Commissions | 3/5 | 2.3/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 1.2 | |
| Commission per Lot | $3 | $3.5 |
JustMarkets
The fee structure is at an average level and should meet the needs of most traders.
ThinkMarkets
ThinkMarkets has average market commissions, making it accessible for most traders. However, it should be noted that the broker charges some non-trading commissions.
Pros
- Transparent commission structure.
Cons
- Conversion fee for withdrawals in a currency other than the base currency.
- Inactivity fee.
Deposit and Withdrawal
| Broker | JustMarkets | ThinkMarkets |
|---|---|---|
| Rating | 4.5/5 | 4/5 |
| Account Funding Methods |
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JustMarkets
The broker offers a variety of methods with zero commission and fast processing of requests.
Pros
- Wide selection of payment systems.
- Zero commission for most operations.
- Fast processing of withdrawal requests.
Cons
- Absence of bank transfer.
ThinkMarkets
The broker offers convenient methods for depositing and withdrawing funds, most of which are commission-free, however, there may be delays in withdrawals.
Pros
- Wide selection of deposit and withdrawal methods.
- No commission for most deposit and withdrawal cases.
Cons
- Conversion fee for withdrawals in a currency other than the base currency.
- Potential long withdrawal times due to meticulous transaction verification
Markets and Products
| Broker | JustMarkets | ThinkMarkets |
|---|---|---|
| Markets and Products | 4.4/5 | 5/5 |
| Forex | 61 | 46 |
| Precious Metals | 7 | 10 |
| Energy Carriers | 3 | 3 |
| Indices | 13 | 15 |
| Stocks | 163 | 3305 |
| Cryptocurrency | 9 | 21 |
| Soft Commodities | - | 3 |
| ETF | - | 364 |
JustMarkets
JustMarkets offers a variety of investment instruments, suitable for many traders.
Pros
- Availability of various asset classes.
- Flexible opportunities for trading strategies.
Cons
- The overall number of products is less than competitors.
ThinkMarkets
ThinkMarkets offers a highly diverse range of trading instruments.
Trading Platforms
| Broker | JustMarkets | ThinkMarkets |
|---|---|---|
| Rating | 4/5 | 5/5 |
| Trading Platforms |
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JustMarkets
Broker JustMarkets offers reliable MT4 and MT5 platforms with extensive functionality and support for various OS.
Pros
- Availability of two popular platforms (MT4 and MT5).
- Support for multiple operating systems.
Cons
- Lack of unique platforms with exclusive features.
ThinkMarkets
ThinkMarkets offers a wide selection of platforms, including popular MetaTrader 4 and MetaTrader 5, as well as proprietary developments such as ThinkTrader and ThinkCopy.
Analytics
| Broker | JustMarkets | ThinkMarkets |
|---|---|---|
| Rating | 4/5 | 4.5/5 |
JustMarkets
Broker JustMarkets offers a useful analytical section with a variety of tools and expert opinions.
Pros
- Economic calendar for planning.
- Expert analysis of the stock market.
- Market reviews and news.
Cons
- Daily forecasts available only in English.
- Analytics may not be deep enough for advanced traders.
- Lack of trading signals.
ThinkMarkets
ThinkMarkets provides high-quality analytical tools, making trading informative and productive.
Pros
- Extensive set of market analysis tools.
- Availability of Traders' Gym for strategy testing.
- Daily trading signals and market news.
Cons
- Some tools are only available for certain types of accounts.
Education
| Broker | JustMarkets | ThinkMarkets |
|---|---|---|
| Rating | 3/5 | 4.7/5 |
JustMarkets
The broker takes good care of beginners by providing basic educational materials. However, there is little on offer for experienced traders.
Pros
- Structured materials for beginners.
- Availability of webinars on technical analysis.
Cons
- Lack of materials for experienced traders.
- Limited language range (mostly English).
- No advanced courses and seminars.
ThinkMarkets
ThinkMarkets offers high-quality educational materials covering a wide range of topics.
Pros
- Wide range of topics in articles.
- Webinars from experts.
- Materials for traders of all levels.
Cons
- Lack of video tutorials.
Customer Support
| Broker | JustMarkets | ThinkMarkets |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Viber
Whatsapp
Messenger
Line
Twitter
Telegram
LinkedIn
Facebook
YouTube
InstagramJustMarkets
The service stands out with 24/7 availability, multilingual support, and a variety of communication channels. The efficiency and professionalism of the staff are also at a high level.
ThinkMarkets
ThinkMarkets offers a wide range of communication channels with support, including phone numbers in different countries, email, and online chat. Additionally, support is available 24/7, ensuring prompt assistance at any time of the day.
