B

HDFC Securities

6.9/10
ThinkMarkets logo

ThinkMarkets

9.1/10
5/10RegulationWinner10/10
10/10FeesTied10/10
9/10WinnerPlatforms5/10
10/10WinnerEducation & Research9/10
1.5/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

HDFC Securities was founded in 2000 and is headquartered in India, while ThinkMarkets was established in 2010 and is based in Australia & United Kingdom. HDFC Securities holds licences including Securities and Exchange Board of India (SEBI), while ThinkMarkets is regulated by the Japanese Financial Services Agency (JFSA) with license no. 0250 among others. HDFC Securities serves 2,000,000+ clients worldwide; ThinkMarkets has 475,000+. Both brokers share the same minimum deposit of $0.

ThinkMarkets wins this category
FeatureHDFC SecuritiesThinkMarkets
Min. Deposit$0$0
RegulationSecurities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchangethe 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
Founded20002010
CountryIndiaAustralia & United Kingdom
Clients2,000,000+475,000+

Fees

Fees are a critical factor when choosing between HDFC Securities and ThinkMarkets, directly affecting your bottom line as a trader. Both require a minimum deposit of $0. HDFC Securities charges withdrawal fees while ThinkMarkets does not, a notable advantage for frequent withdrawers. ThinkMarkets applies inactivity fees on dormant accounts; HDFC Securities does not. HDFC Securities charges deposit fees; ThinkMarkets does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureHDFC SecuritiesThinkMarkets
Min. Deposit$0$0
Withdrawal FeesYesNo
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesNoYes

Platforms

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

HDFC Securities wins this category
FeatureHDFC SecuritiesThinkMarkets
MT4YesYes
MT5YesYes
cTraderYesNo
Windows AppYesNo
iOS AppYesNo
Android AppYesNo
Trading PlatformsWeb Trader, Tablet & Mobile appsMT4, MT5 and ThinkTrader

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how HDFC Securities and ThinkMarkets compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. HDFC Securities scores higher overall in education and research.

HDFC Securities wins this category
FeatureHDFC SecuritiesThinkMarkets
Forex EducationYesYes
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. HDFC Securities accepts 1 of the tracked payment methods (bank transfer), while ThinkMarkets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). ThinkMarkets uniquely supports credit/debit card and PayPal and Skrill and Neteller among the two brokers. ThinkMarkets scores higher on deposit and withdrawal flexibility.

ThinkMarkets wins this category
FeatureHDFC SecuritiesThinkMarkets
Bank TransferYesYes
Credit CardNoYes
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 HDFC Securities and ThinkMarkets offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 13 languages. Both brokers are comparable on support quality.

Tied
FeatureHDFC SecuritiesThinkMarkets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, Romana, TurkceEnglish, Portuguese, Vietnamese, Chinese, Czech, Greek, Indonesian, Thai, Malay, Italian, Arabic, German, Spanish and Japanese