ThinkMarkets
traders way
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
ThinkMarkets was founded in 2010 and is headquartered in Australia & United Kingdom, while traders way was established in 2012 and is based in Grenadines. ThinkMarkets holds licences including the Japanese Financial Services Agency (JFSA) with license no. 0250, while traders way is regulated by Financial Conduct Authority (FCA) among others. ThinkMarkets serves 475,000+ clients worldwide; traders way has 10,000+. The minimum deposit is $0 at ThinkMarkets and $250 at traders way.
| Feature | ThinkMarkets | traders way |
|---|---|---|
| Min. Deposit | $0 | $250 |
| Regulation | 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 | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F327 |
| Founded | 2010 | 2012 |
| Country | Australia & United Kingdom | Grenadines |
| Clients | 475,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between ThinkMarkets and traders way, directly affecting your bottom line as a trader. ThinkMarkets has a lower barrier to entry with a minimum deposit of $0 (vs $250 at traders way). traders way charges withdrawal fees while ThinkMarkets does not, giving ThinkMarkets an edge for frequent withdrawers. ThinkMarkets applies inactivity fees on dormant accounts; traders way does not. traders way charges deposit fees; ThinkMarkets does not. Overall, ThinkMarkets scores higher on fees in our assessment.
| Feature | ThinkMarkets | traders way |
|---|---|---|
| Min. Deposit | $0 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | No |
Platforms
ThinkMarkets offers MT4, MT5, a proprietary platform, while traders way supports MT4, MT5, cTrader. Both brokers support copy or social trading, catering to less hands-on investors. traders way edges ahead on platform breadth and functionality in our scoring.
| Feature | ThinkMarkets | traders way |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | No | Yes |
| Windows App | No | Yes |
| iOS App | No | Yes |
| Android App | No | Yes |
| Trading Platforms | MT4, MT5 and ThinkTrader | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how ThinkMarkets and traders way compare. ThinkMarkets runs regular live webinars; traders way does not. Both provide video tutorials. ThinkMarkets publishes daily market commentary; traders way does not. Both integrate third-party research tools. ThinkMarkets maintains an archive of past webinars for on-demand viewing. ThinkMarkets scores higher overall in education and research.
| Feature | ThinkMarkets | traders way |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. ThinkMarkets accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while traders way supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Both brokers support the same set of payment methods.
| Feature | ThinkMarkets | traders way |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | Yes |
| Skrill | Yes | Yes |
| Neteller | Yes | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both ThinkMarkets and traders way offer live chat support. Both provide phone support. Email support is available at both brokers. ThinkMarkets supports 13 languages and traders way supports 8, giving ThinkMarkets broader global reach. Both brokers are comparable on support quality.
| Feature | ThinkMarkets | traders way |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Portuguese, Vietnamese, Chinese, Czech, Greek, Indonesian, Thai, Malay, Italian, Arabic, German, Spanish and Japanese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |