B

Abshire Smith

5/10
ThinkMarkets logo

ThinkMarkets

9.1/10
7/10RegulationWinner10/10
0/10FeesWinner10/10
9/10WinnerPlatforms5/10
0/10Education & ResearchWinner9/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

Abshire Smith was founded in 1997 and is headquartered in United kingdom, while ThinkMarkets was established in 2010 and is based in Australia & United Kingdom. Abshire Smith holds licences including Financial Conduct Authority (FCA), while ThinkMarkets is regulated by the Japanese Financial Services Agency (JFSA) with license no. 0250 among others. Abshire Smith serves 10,000+ clients worldwide; ThinkMarkets has 475,000+. The minimum deposit is $500 at Abshire Smith and $0 at ThinkMarkets.

ThinkMarkets wins this category
FeatureAbshire SmithThinkMarkets
Min. Deposit$500$0
RegulationFinancial Conduct Authority (FCA)the Japanese Financial Services Agency (JFSA) with license no. 0250, the Cyprus Securities and Exchange Commission (CySEC) with license no. 215/13, the Financial Conduct Authority (FCA 629628) in the UK, the Australian Securities and Investments Commission (ASIC 424700), the Financial Sector Conduct Authority (FSCA) in South Africa and the Financial Services Authority (FSA SD060) Seychelles. TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority, FRN 629628. TF GLobal Markets (Aust) Limited is the holder of Australian Financial Services Licence number 424700. TF GLobal Markets (South Africa) (Pty) Ltd is an authorised financial services provider (FSP No 49835). TF Global Markets Int Limited is authorised and regulated by the Financial Services Authority, Firm Reference Number SD060 Seychelles
Founded19972010
CountryUnited kingdomAustralia & United Kingdom
Clients10,000+475,000+

Fees

Fees are a critical factor when choosing between Abshire Smith and ThinkMarkets, directly affecting your bottom line as a trader. ThinkMarkets has a lower barrier to entry with a minimum deposit of $0 (vs $500 at Abshire Smith). Neither broker charges withdrawal fees. ThinkMarkets applies inactivity fees on dormant accounts; Abshire Smith does not. Abshire Smith charges deposit fees; ThinkMarkets does not. Overall, ThinkMarkets scores higher on fees in our assessment.

ThinkMarkets wins this category
FeatureAbshire SmithThinkMarkets
Min. Deposit$500$0
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesNoYes

Platforms

Abshire Smith offers MT4, MT5, cTrader, while ThinkMarkets supports MT4, MT5, a proprietary platform. Abshire Smith offers a mobile trading app; mobile availability for ThinkMarkets is limited. Both brokers support copy or social trading, catering to less hands-on investors. Abshire Smith edges ahead on platform breadth and functionality in our scoring.

Abshire Smith wins this category
FeatureAbshire SmithThinkMarkets
MT4YesYes
MT5YesYes
cTraderYesNo
Windows AppYesNo
iOS AppYesNo
Android AppYesNo
Trading PlatformsMetaTrader 4, cTrader PlatformMT4, MT5 and ThinkTrader

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Abshire Smith and ThinkMarkets compare. ThinkMarkets runs regular live webinars; Abshire Smith does not. ThinkMarkets has a video library; Abshire Smith does not. ThinkMarkets publishes daily market commentary; Abshire Smith does not. ThinkMarkets integrates third-party research tools (Trading Central, Autochartist); Abshire Smith does not. ThinkMarkets maintains an archive of past webinars for on-demand viewing. ThinkMarkets scores higher overall in education and research.

ThinkMarkets wins this category
FeatureAbshire SmithThinkMarkets
Forex EducationNoYes
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistNoYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Abshire Smith accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while ThinkMarkets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). ThinkMarkets uniquely supports PayPal and Skrill and Neteller among the two brokers. ThinkMarkets scores higher on deposit and withdrawal flexibility.

ThinkMarkets wins this category
FeatureAbshire SmithThinkMarkets
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Abshire Smith and ThinkMarkets offer live chat support. Both provide phone support. Email support is available at both brokers. Abshire Smith supports 2 languages and ThinkMarkets supports 13, giving ThinkMarkets broader global reach. Both brokers are comparable on support quality.

Tied
FeatureAbshire SmithThinkMarkets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Portuguese, Vietnamese, Chinese, Czech, Greek, Indonesian, Thai, Malay, Italian, Arabic, German, Spanish and Japanese