Broker comparison

ThinkMarkets vs Trading 212 Comparison

Compare trading conditions, commissions and platforms of Forex brokers ThinkMarkets and Trading 212. Find out which broker is best for you.

VS summaryScores and ranking at a glance
ThinkMarkets
Rating
4/5
Rank
#50
Register

67.99-69.82% of retail investors lose money when trading CFDs with this broker

Trading 212Higher ranked
Rating
4.3/5
Rank
#45
Register

72% of retail investors lose money when trading CFDs with this broker

  • Conditions, fees and platforms compared
  • Ratings and ranking positions checked
  • Based on our review methodology
How we compare brokers
Updated
Author · Editor

We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.

Who is better - ThinkMarkets or Trading 212?

Quick comparison

Key differences between the brokers

Below, we show only the differences in trading conditions covered in our reviews. These may include the minimum deposit, available markets, platforms and account types. Compare these details with your requirements.

Methodology

Ratings and ranks

Trading 212 ranks higher in the editorial ranking.
ThinkMarkets
Rating: 4/5Rank: #50
Trading 212
Rating: 4.3/5Rank: #45

ThinkMarkets

Different platforms
  • MetaTrader 4
  • MetaTrader 5
  • ThinkTrader

Trading 212

Different platforms
  • Trading 212

This material is not personalized financial advice. Terms and service availability vary by country.

Full broker ranking

Comparison Table of ThinkMarkets and Trading 212

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Overview: comparison of ThinkMarkets, Trading 212
BrokerThinkMarketsTrading 212
Foundation Year
2010
2004
Regulated in Countries
Seychelles, United Kingdom, Australia, Cyprus, South Africa, Japan, Cayman Islands
United Kingdom, Bulgaria, Cyprus, Australia, Germany
Minimum Deposit
  • 1 USD
  • 1 EUR
  • 1 GBP
  • 1 USD
Spread
from 0 points
from 0 points
Max Leverage
1:500
1:30
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • ThinkTrader
  • Trading 212
Review

ThinkMarkets Review

ThinkMarkets Logo
Register67.99-69.82% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Cryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5ThinkTrader

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

  1. Wide range of trading platforms.
  2. Strong analytical support.
  3. Extensive educational materials.
  4. 24/7 technical support.

Cons

  1. Limited choice of trading accounts.
  2. Withdrawal fees and account inactivity fees.

Trading 212 Review

Trading 212 Logo
Register72% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Cryptocurrency
Trading Platforms
Trading 212

Trading 212 is a convenient and modern broker primarily aimed at retail investors and beginner traders. The platform combines ease of use, a low entry threshold, and zero commissions on stocks and ETFs, making it attractive for long-term investing and gradual portfolio building.

The broker is best suited for:

  • beginner investors
  • users with limited capital
  • those who invest in stocks and ETFs
  • traders who value a simple interface

Trading 212 is less suitable for active traders and professionals who need tight spreads, advanced platforms (MetaTrader, cTrader), and a wider selection of derivatives.

Pros and Cons of Trading 212

Pros

  1. Zero commissions on stocks and ETFs.
  2. Low minimum deposit.
  3. Convenient and easy-to-use platform.
  4. Fractional shares.
  5. No deposit and withdrawal fees.
  6. Regulation in leading financial jurisdictions.

Cons

  1. Wide spreads on CFDs.
  2. No MetaTrader or cTrader.
  3. Limited analytics.
  4. No live chat or phone support.
  5. Currency conversion fee.

Reliability

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Reliability: comparison of ThinkMarkets, Trading 212
BrokerThinkMarketsTrading 212
Reliability
5/5
5/5
Foundation Year
2010
2004
Regulated in Countries
Seychelles, United Kingdom, Australia, Cyprus, South Africa, Japan, Cayman Islands
United Kingdom, Bulgaria, Cyprus, Australia, Germany
Regulators

ThinkMarkets

The presence of licenses from authoritative regulators and a good reputation speak to the reliability of ThinkMarkets.

Trading 212

Trading 212 demonstrates a high level of reliability thanks to regulation in the EU, Australia, and the UK, as well as participation in an investor compensation scheme.

Pros

  1. Regulated by FCA, ASIC, BaFin, CySEC
  2. Participation in the FSCS compensation scheme
  3. Transparent terms and oversight by regulators

Account Opening

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Account Opening: comparison of ThinkMarkets, Trading 212
BrokerThinkMarketsTrading 212
Account Opening
4/5
4.8/5
Minimum Deposit
  • 1 USD
  • 1 USD
  • 1 EUR
  • 1 GBP

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.

Trading 212

Opening an account with Trading 212 is a quick and simple process: registration is fully online, verification takes up to 1 day, and the low minimum deposit makes getting started highly accessible.

Pros

  1. Fully online registration
  2. Fast verification
  3. Low minimum deposit

Cons

  1. Mandatory KYC verification
  2. Verification delays are possible

Account Types

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Account Types: comparison of ThinkMarkets, Trading 212
BrokerThinkMarketsTrading 212
Account Types
3.3/5
4/5
Trading Accounts
  • Standard
  • ThinkZero
  • INVEST
  • ISA
  • CFD
Minimum Deposit
  • 1 USD
  • 1 USD
  • 1 EUR
  • 1 GBP
Spread
from 0 points
from 0 points
Max Leverage
1:500
1:30
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • ThinkTrader
  • Trading 212
Demo Account
Yes
Yes
Swap-free Account
No
No

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

  1. Free VPS
  2. Ability to copy trades of successful traders

Cons

  1. Lack of cent accounts and fixed spread accounts
  2. No Islamic account

Trading 212

Trading 212 account types cover the main use cases—trading and investing. The lineup is simple and convenient, but it lags behind competitors in flexibility and lacks specialized accounts.

Pros

  1. CFD and Invest accounts are available
  2. Suitable for beginners and investors
  3. Demo account available

Cons

  1. Limited account variety
  2. ISA is available only in the UK

Commissions

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Commissions: comparison of ThinkMarkets, Trading 212
BrokerThinkMarketsTrading 212
Commissions
2.3/5
4/5
Spread
from 0 points
from 0 points
Average Spread (EURUSD)
1.2
1.2
Commission
per 1 lot$3.50
No data

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

  1. Transparent commission structure.

Cons

  1. Conversion fee for withdrawals in a currency other than the base currency.
  2. Inactivity fee.

Trading 212

Trading 212's fees are below average thanks to zero commissions on Invest, but spreads and currency conversion reduce the overall attractiveness, especially for active CFD trading.

Pros

  1. Zero commissions on Invest/ISA
  2. No deposit/withdrawal fees
  3. Transparent fee structure

Cons

  1. CFD spreads are above average
  2. Currency conversion fee

Deposit and Withdrawal

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Deposit and Withdrawal: comparison of ThinkMarkets, Trading 212
BrokerThinkMarketsTrading 212
Rating
4/5
4.5/5
Account Funding Methods
  • Neteller
  • Skrill
  • Bank Transfer
  • Visa
  • Mastercard
  • Apple Pay
  • Google Pay
  • PayPal
  • Bank Transfer
  • Credit and Debit Cards
  • Giropay
  • Dotpay
  • iDeal

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

  1. Wide selection of deposit and withdrawal methods.
  2. No commission for most deposit and withdrawal cases.

Cons

  1. Conversion fee for withdrawals in a currency other than the base currency.
  2. Potential long withdrawal times due to meticulous transaction verification

Trading 212

Deposits and withdrawals at Trading 212 are convenient and cost-effective: a wide range of methods with no fees and fast processing. A minor drawback is the lack of cryptocurrencies.

Pros

  1. No deposit/withdrawal fees
  2. Convenient methods (cards, PayPal, Apple Pay)
  3. Fast transactions

Cons

  1. No cryptocurrencies
  2. Bank transfers are slower

Markets and Products

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Markets and Products: comparison of ThinkMarkets, Trading 212
BrokerThinkMarketsTrading 212
Markets and Products
5/5
5/5
Forex
46
35
Precious Metals
10
3
Energy Carriers
3
2
Soft Commodities
3
3
Indices
15
8
Stocks
3305
51
ETF
364
5
Cryptocurrency
21
22

ThinkMarkets

ThinkMarkets offers a highly diverse range of trading instruments.

Trading 212

Trading 212's markets and products cover key assets—stocks, ETFs, Forex, and CFDs. The offering is broad enough for most needs, but the lack of futures and options reduces versatility.

Pros

  1. Large selection of stocks and ETFs
  2. Access to international exchanges
  3. Suitable for investing and trading

Cons

  1. No futures or options

Trading Platforms

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Trading Platforms: comparison of ThinkMarkets, Trading 212
BrokerThinkMarketsTrading 212
Rating
5/5
4/5
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • ThinkTrader
  • Trading 212

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.

Trading 212

Trading 212's platforms are convenient and easy to understand, suitable for most users. The functionality is sufficient for trading, but the limited choice lowers the score.

Pros

  1. Simple and user-friendly interface
  2. Web and mobile versions available
  3. Suitable for beginners

Cons

  1. No MetaTrader/cTrader
  2. Limited features for professionals

Analytics

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Analytics: comparison of ThinkMarkets, Trading 212
BrokerThinkMarketsTrading 212
Rating
4.5/5
3.5/5

ThinkMarkets

ThinkMarkets provides high-quality analytical tools, making trading informative and productive.

Pros

  1. Extensive set of market analysis tools.
  2. Availability of Traders' Gym for strategy testing.
  3. Daily trading signals and market news.

Cons

  1. Some tools are only available for certain types of accounts.

Trading 212

Trading 212's analytics are suitable for self-directed analysis: there are charts and data. But the lack of news and signals makes this section limited.

Pros

  1. Convenient charts
  2. Fundamental data available
  3. Suitable for basic analysis

Cons

  1. No news feed
  2. No expert analysis

Education

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Education: comparison of ThinkMarkets, Trading 212
BrokerThinkMarketsTrading 212
Rating
4.7/5
3.7/5

ThinkMarkets

ThinkMarkets offers high-quality educational materials covering a wide range of topics.

Pros

  1. Wide range of topics in articles.
  2. Webinars from experts.
  3. Materials for traders of all levels.

Cons

  1. Lack of video tutorials.

Trading 212

Trading 212's education is at a good level: plenty of videos and basic materials. It suits beginners, but it lacks depth and advanced content.

Pros

  1. Many educational videos
  2. FAQ and articles available
  3. Active forum

Cons

  1. No webinars
  2. Few advanced materials

Customer Support

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Customer Support: comparison of ThinkMarkets, Trading 212
BrokerThinkMarketsTrading 212
Rating
5/5
4/5
Email Support
Hotline Phones
—
Social Media

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.

Trading 212

Trading 212 support works 24/7 and is generally effective, but the lack of live chat and a phone line reduces the speed of resolving urgent issues.

Pros

  1. 24/7 support
  2. High-quality answers

Cons

  1. No live chat
  2. No phone support

Comparisons of ThinkMarkets and Trading 212 with other brokers

Conclusion

When choosing between Trading 212 and ThinkMarkets, match their platforms, markets, account types and funding terms to your needs.

Before opening an account, verify fees, regulation, support and service availability for your country in the sections above.

FAQ

Which broker is better: ThinkMarkets or Trading 212?

Trading 212 ranks higher than ThinkMarkets in our editorial ranking. That does not make it a universal choice: compare fees, markets, platforms, account types and support.

Which broker is better for beginners: ThinkMarkets or Trading 212?

Beginners should compare availability in their country, account types, minimum deposit, trading platforms and customer support.

Who has lower typical trading costs (spreads/commissions) — ThinkMarkets or Trading 212?

It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.

What trading platforms are available with ThinkMarkets and Trading 212?

ThinkMarkets: MetaTrader 4, MetaTrader 5, ThinkTrader. Trading 212: Trading 212. See the “Platforms” section for details and selection tips.

What markets can you trade with ThinkMarkets and Trading 212?

ThinkMarkets: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Cryptocurrency. Trading 212: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Cryptocurrency. Full lists and differences are in the “Markets” section.

What account types are offered by ThinkMarkets and Trading 212?

ThinkMarkets: Standard, ThinkZero. Trading 212: INVEST, ISA, CFD. See “Account Types” for a side-by-side comparison.

What deposit and withdrawal methods are supported by ThinkMarkets and Trading 212?

ThinkMarkets: Neteller, Skrill, Bank Transfer, Visa, Mastercard. Trading 212: Apple Pay, Google Pay, PayPal, Bank Transfer, Credit and Debit Cards, Giropay, Dotpay, iDeal. Check method-specific fees/settlement times.

Which broker is safer — ThinkMarkets or Trading 212 — and how was this assessed?

We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.