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Admirals vs ThinkMarkets 2024

BrokerNotes.co

Written by BrokerNotes.co

August 24, 2023

Trying to decide between Admirals and ThinkMarkets? We’ve taken the guesswork out of the equation with our Comparison Tool. Use our tool to compare hundreds of data points, side-by-side, to see how these two brokers stack up against each other.

Based on our extensive research, hands-on testing, and expert analysis of over a hundred data-driven variables, we've determined that, overall, Admirals ranks more highly than ThinkMarkets.

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Compare

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Overall Rating Admirals ThinkMarkets
Overall Rating star 8.5 /10 star 7.8 /10
Offering of Investments star 9.0 /10 star 8.5 /10
Commissions & Fees star 8.5 /10 star 7.0 /10
Platform & Tools star 8.0 /10 star 8.0 /10
Research star 8.0 /10 star 6.5 /10
Mobile Trading star 7.5 /10 star 8.0 /10
Education star 8.5 /10 star 6.5 /10
Account Type Admirals ThinkMarkets
Standard Trade Size (100,000 units) info Yes Yes
Mini Trade Size (10,000 units) info Yes Yes
Micro Trade Size (1,000 units) info Yes Yes
Islamic Account info Yes Yes
Deposit/Withdrawal Options Admirals ThinkMarkets
Minimum Deposit info $100 $0 info
Bank Wire (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
PayPal (Deposit/Withdraw) info Yes No
ACH or SEPA Transfers info Yes No
Copy Trading Admirals ThinkMarkets
Social Trading / Copy Trading info Yes Yes info
DupliTrade info No No
ZuluTrade info No No
Cryptocurrency Admirals ThinkMarkets
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info Yes Yes info
Bitcoin info Yes Yes
Ethereum info Yes Yes
Forex Trading (Spot or CFDs) Admirals ThinkMarkets
Forex Trading (Spot or CFDs) info Yes Yes
Mobile Trading - Forex or CFDs info Yes Yes
Indices (Index CFDs) Admirals ThinkMarkets
DAX info Yes Yes
Dow Jones info Yes Yes
FTSE info Yes Yes
NASDAQ 100 info Yes Yes
Nikkei info Yes Yes
SP 500 info Yes Yes
Investments Admirals ThinkMarkets
Forex Trading (Spot or CFDs) info Yes Yes
Spread Betting info Yes Yes info
Social Trading / Copy Trading info Yes Yes info
Metals info Yes Yes
Energies info Yes Yes
Agriculturals info Yes No
ETF info Yes No
U.S. Stocks (CFD) info Yes Yes
Trading Platforms Admirals ThinkMarkets
Apple iOS App info Yes Yes
Android App info Yes Yes
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
Regulatory Licenses Admirals ThinkMarkets
Tier-1 Licenses info 4 5
Australia (ASIC Authorised) info Yes Yes
Canada (CIRO Authorised) info Yes No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No Yes
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info No No
United Kingdom (U.K.) (FCA Authorised) info Yes Yes
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No Yes
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-2 Licenses info 3 2
Tier-3 Licenses info 0 0
Research, Education Admirals ThinkMarkets
Trading Central (Recognia) info Yes No
Forex News (Top-Tier Sources) info Yes Yes
Daily Market Commentary info Yes Yes
Autochartist info No No
Investor Dictionary (Glossary) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Client Webinars (Archived) info Yes Yes
Trading Costs Admirals ThinkMarkets
Minimum Deposit info $100 $0 info
Average Spread EUR/USD - Standard info 0.8 info 1.1 info
All-in Cost EUR/USD - Active info 0.8 info N/A info
Active Trader or VIP Discounts info Yes Yes
Trading Tools Admirals ThinkMarkets
Watchlists - Total Fields info 7 15
Mobile Watchlist info Yes Yes
Charting - Indicators / Studies (Total) info 30 30
Mobile Charting - Indicators / Studies info 30 94
Trust Factors Admirals ThinkMarkets
Year Founded info 2001 2010
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Trust Score info 93 92
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Admirals vs ThinkMarkets Comparison

Comparing forex brokers side by side is no easy task. Our research team has collected thousands of data points, written hundreds of thousands of words of research, and tested over 60 brokers to help you find the best forex brokers in the industry. Trying to decide between Admirals and ThinkMarkets? Our independent database powered by our unbiased research will help you compare Admirals vs ThinkMarkets side-by-side.

What is Trust Score?

Trust Score is a data-driven rating system that provides an at-a-glance rating of a broker’s overall trust by tracking 60+ brokers and over 100 regulatory jurisdictions across the globe. To make things clearer for everyday traders, we’ve created a five-tier system for regulators and Trust Score rating labels. Learn more about Trust Score, and check out our country guides to see the most trusted brokers in your country of residence.

Can I trust Admirals?

Admirals has a Trust Score of 93, giving it a "Highly Trusted" Trust Score Label.

Can I trust ThinkMarkets?

ThinkMarkets has a Trust Score of 92, giving it a "Highly Trusted" Trust Score Label.

Is Admirals a good broker?

Admirals is a highly trusted multi-asset broker regulated in multiple reputable jurisdictions, earning it a Trust Score rating of 93. Admirals delivers a powerful MetaTrader experience (including MetaTrader 5) with advanced supplemental features. With numerous platform add-ons and tools (including for social copy trading), premium market research resources, and excellent educational content, Admirals is a good choice for forex traders.

Is ThinkMarkets a good broker?

Founded in 2010, ThinkMarkets is a trusted broker that holds multiple Tier-1 regulatory licenses, boosting its overall Trust Score rating. ThinkMarkets offers the full MetaTrader platform suite (both MT4 and MT5) as well as its proprietary ThinkTrader platform. Traders at ThinkMarkets also gain access to trading signals via its Signals Centre and social copy trading (in certain jurisdictions). ThinkMarkets has a growing number of available markets, research materials, and educational content, yet still has room to improve in these important categories.

What Tier-1 jurisdictions is each broker regulated in?

Tier-1 is reserved for the strictest, most stringent regulatory jurisdictions in the world. Tier-1 regulators impose additional capital requirements and require a tougher initial screening process. Admirals holds regulatory licenses in the following Tier-1 jurisdictions: Australia (ASIC Authorised), Canada (CIRO Authorised) and United Kingdom (U.K.) (FCA Authorised). ThinkMarkets, on the other hand, is licensed in these Tier-1 regulatory jurisdictions: Australia (ASIC Authorised), Japan (SFC Authorised), New Zealand (FMA Authorised) and United Kingdom (U.K.) (FCA Authorised). Neither have Hong Kong (SFC Authorised), CBI Authorised (Ireland), Singapore (MAS Authorised), Switzerland (FINMA Authorised) and USA (CFTC Authorized)

What Tier-2 jurisdictions is each broker regulated in? What about Tier-3?

Tier-2 and tier-3 licenses are still important in evaluating the overall trustworthiness of forex brokers. As far as tier-2 licenses go, Admirals is Cyprus (CySEC Authorised), while ThinkMarkets is Cyprus (CySEC Authorised) and South Africa (FSCA Authorised).. Neither have China (CBRC Authorised), India (SEBI Authorised), Israel (ISA Authorised), Russia (CBR Authorised), Thailand (SEC Authorised) and UAE (DFSA/Central Bank Authorised). When comparing tier-3 licenses Admirals is none, while ThinkMarkets is Cayman Islands (CIMA Authorised) and Mauritius (FSC Authorised).. Neither have Bahamas (SCB Authorised), Belize (FSC Authorised), Bermuda (BMA Authorised), British Virgin Islands (FSC Authorised) and Vanuatu (VFSC Authorised).

Which broker offers more trading platforms?

Whether your broker develops its own proprietary platforms or provides access to popular third-party platforms, you should make sure you can use your preferred type of trading platform. In our testing, we found that both Admirals and ThinkMarkets offer a Proprietary Platform and Desktop Platform (Windows). Neither have cTrader, DupliTrade and ZuluTrade

Does Admirals offer MetaTrader? Does ThinkMarkets offer MetaTrader?

Both Admirals and ThinkMarkets offer the whole MetaTrader suite, which consists of both MetaTrader 4 and MetaTrader 5. If you’re new to MetaTrader 4 here’s our educational guide on how to use MT4.

How do Admirals and ThinkMarkets differ in terms of minimum deposit? What about average spreads and funding options?

Admirals requires a minimum deposit of $100, while ThinkMarkets requires a minimum deposit of $0. It's also important to ensure your broker accepts the funding options and deposit methods that work best for you. In our research, we've found that Admirals supports Bank Wire (Deposit/Withdraw), Visa/Mastercard (Credit/Debit), PayPal (Deposit/Withdraw) and Skrill (Deposit/Withdraw) for funding and deposit methods, whereas ThinkMarkets supports Bank Wire (Deposit/Withdraw), Visa/Mastercard (Credit/Debit) and Skrill (Deposit/Withdraw)

Which broker offers more tradeable asset classes, Admirals or ThinkMarkets?

When choosing a forex broker, it’s important to consider each broker’s available investment products and tradeable asset classes. We’ve researched each broker’s individual offering of investments to help you pick the right broker for what you want to trade. During our testing, we found that Admirals delivers a more diverse selection of investment options than ThinkMarkets, offering tradeable asset classes and investment types such as Forex Trading (Spot or CFDs), Spread Betting, Social Trading / Copy Trading, Metals, Energies, Agriculturals, ETF and U.S. Stocks (CFD).

We also keep track of each broker’s total number of tradeable symbols; Admirals offers 8702, and ThinkMarkets offers a total of 4000 tradeable symbols.

Can I trade cryptocurrency with Admirals or ThinkMarkets?

Crypto trading has become popular among forex traders across a range of international jurisdictions. As a result, many forex brokers now offer crypto products to their clients; most crypto assets are offered either as an underlying physical asset (such as when you own actual bitcoin assets, for example) or as a derivative product like a CFD. If you are looking to trade physical cryptocurrencies, you’ll find that neither Admirals nor ThinkMarkets allow you to trade physical cryptocurrencies.

Who offers more research tools, Admirals or ThinkMarkets?

Market research plays a huge role in any forex trader’s ability to conduct analysis within the global forex market. We test each broker’s research offering to help you decide which broker is right for your technical or fundamental analysis needs. Admirals delivers the following research tools: Daily Market Commentary, Stock Charts, Forex News (Top-Tier Sources), Trading Central (Recognia) and Social Trading / Copy Trading. ThinkMarkets, on the other hand, provides the tools listed here: Daily Market Commentary, Stock Charts, Forex News (Top-Tier Sources) and Social Trading / Copy Trading. Neither have Autochartist

Broker Reviews

Still looking for more information, read our broker reviews.

Admiral Markets Review

ThinkMarkets Review

Overall winner: Admirals

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announcementPlease note:

We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.


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