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Swissquote vs ThinkMarkets 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of Swissquote vs ThinkMarkets, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

Swissquote
4.5/5 Stars Overall
  • Minimum Deposit: $1000
  • Trust Score: 99
  • Tradeable Symbols (Total): 472
ThinkMarkets
4/5 Stars Overall
  • Minimum Deposit: $50 info
  • Trust Score: 92
  • Tradeable Symbols (Total): 4000

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Regulation

When comparing Swissquote and ThinkMarkets, both online brokers stand out with high Trust Score ratings according to ForexBrokers.com, indicating they are deemed highly trusted. Swissquote, established in 1996, boasts a top-tier Trust Score of 99, reflecting its strong credibility. In contrast, ThinkMarkets, founded in 2010, also enjoys a high score of 92. Swissquote is unique as it operates as a bank and is publicly traded, adding to its reliability and transparency. ThinkMarkets, on the other hand, does not share these characteristics.

Both brokers hold an impressive number of highly regarded Tier-1 licenses, with each securing five, which underscores their commitment to regulatory compliance and customer safety. Additionally, they each have two Tier-2 licenses, further solidifying their trustworthiness in the industry. Despite these similarities, Swissquote's status as a publicly listed bank gives it an edge in terms of perceived stability and investor confidence.

Feature Swissquote logoSwissquote
ThinkMarkets logoThinkMarkets
Year Founded info 1996 2010
Publicly Traded (Listed) info Yes
Bank info Yes
Tier-1 Licenses info 5 5
Tier-2 Licenses info 2 2
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 3

Fees

When comparing Swissquote to ThinkMarkets in terms of commissions and fees, it's vital to consider the distinct advantages each broker offers. Swissquote, renowned for its association with a Swiss banking conglomerate, commands a slight premium on its services. While it brings the security of Swiss banking, it does not lead the pack with its trading costs. Specifically, Swissquote holds a 3.5-star rating and ranks #53 out of 63 brokers in the commissions and fees category according to ForexBrokers.com. Their U.K. entity provides relatively lower costs and deposit requirements compared to their branches in Switzerland and Luxembourg, with spread offerings that begin at 0.6 pips for their Prime account holders.

ThinkMarkets, though it does not have available data on average spreads, stands out slightly better in terms of commissions and fees, scoring a 4-star rating and placing #47 in the same category. This suggests their fee structure is more competitive compared to Swissquote, making it potentially a better choice for traders focused on cost efficiency. The lack of detailed spread data might be a consideration, yet their market reputation indicates a reasonable pricing structure.

Overall, while Swissquote attracts clients with the prestige of a Swiss bank backing, ThinkMarkets offers a more competitive edge when focusing specifically on costs, standing ahead in rankings and ratings for commissions and fees. Understanding these distinctions can help traders decide which broker aligns best with their financial goals and trading habits.

Feature Swissquote logoSwissquote
ThinkMarkets logoThinkMarkets
Minimum Deposit info $1000 $50 info
Average Spread EUR/USD - Standard info N/A info 1.1 info
All-in Cost EUR/USD - Active info N/A info N/A info
Active Trader or VIP Discounts info Yes Yes
ACH or SEPA Transfers info Yes
PayPal (Deposit/Withdraw) info Yes
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

When it comes to the variety of investment options, Swissquote and ThinkMarkets offer compelling choices, though they each cater to different investor priorities. Swissquote provides 472 tradeable symbols, including an impressive selection of 80 forex pairs and access to exchange-traded securities on both U.S. and international exchanges. Furthermore, Swissquote enables clients to engage in forex trading through both CFDs and spot contracts. Investors interested in cryptocurrency will appreciate that Swissquote allows the purchase of actual cryptocurrencies, as well as cryptocurrency derivatives. Swissquote also supports copy trading, adding another layer of versatility for its users. With such a comprehensive range of offerings, Swissquote earns a 5-star rating for its range of investments and holds an impressive #2 ranking among 63 brokers according to ForexBrokers.com.

In contrast, ThinkMarkets excels by offering a broader scope of 4000 tradeable symbols. However, it is more limited in forex pair options, providing access to 46, while also facilitating forex trading via CFDs and spot contracts. While ThinkMarkets does not offer exchange-traded securities on U.S. markets or the ability to buy actual cryptocurrencies, it does provide cryptocurrency derivatives and the option for copy trading. Recognized for its substantial, though slightly narrower range of investments, ThinkMarkets achieves a 4.5-star rating and is ranked #23 by ForexBrokers.com in the same category. Both platforms have their strengths, making Swissquote suitable for those seeking more traditional and diverse international investments, while ThinkMarkets may be ideal for traders focused on a wider array of asset symbols.

Feature Swissquote logoSwissquote
ThinkMarkets logoThinkMarkets
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 472 4000
Forex Pairs (Total) info 80 46
U.S. Stock Trading (Non CFD) info Yes
Int'l Stock Trading (Non CFD) info Yes Yes
Social Trading / Copy Trading info Yes Yes info
Cryptocurrency (Physical) info Yes
Cryptocurrency (Derivative) info Yes Yes info
Disclaimers Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).

Dive deeper: Best Copy Trading Platforms.

Trading platforms and tools

When comparing the trading platforms and tools offered by Swissquote and ThinkMarkets, both brokers share several features but also have distinct strengths. Swissquote boasts a higher rating of 4.5 stars for its trading platforms and tools, compared to ThinkMarkets' 4-star rating. Both brokers offer proprietary platforms, as well as the popular MetaTrader 4 and MetaTrader 5 options. They each provide simulated (paper) trading opportunities, offering free virtual demo accounts for beginners and experienced traders to practice risk-free. Whether you prefer a Windows-based desktop platform or a web-based trading interface, both Swissquote and ThinkMarkets cater to your needs, ensuring flexibility in your trading experience. Additionally, both offer the convenience of trading directly from a stock chart, which enhances trading efficiency.

Despite these similarities, there are notable differences in their offerings. Swissquote narrowly edges out ThinkMarkets in the ForexBrokers.com ranking, holding the 12th spot out of 63 brokers for trading platforms and tools, while ThinkMarkets is ranked 28th. Swissquote provides a more extensive array of charting tools with 75 drawing options, compared to ThinkMarkets' 15. However, ThinkMarkets allows for a more detailed watch list setup with 15 customizable columns, slightly more than Swissquoteโ€™s 11 columns. Both brokers support copy trading, but details about their support for third-party services like DupliTrade or ZuluTrade are not specified. Overall, both brokers offer strong platforms, with Swissquote having a slight edge in versatility and charting tools.

Feature Swissquote logoSwissquote
ThinkMarkets logoThinkMarkets
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes info
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
DupliTrade info
ZuluTrade info
Charting - Indicators / Studies (Total) info 86 30
Charting - Drawing Tools (Total) info 75 15
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 11 15

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

Both Swissquote and ThinkMarkets provide comprehensive mobile trading apps available for iPhone and Android devices, ensuring accessibility for users on the go. Each offers the convenience of stock and forex price alerts, as well as the creation of real-time watchlists. While both platforms allow users to draw trendlines and auto-save their drawings on charts, Swissquote users have access to 30 charting technical studies, whereas ThinkMarkets provides a remarkable 94. Both apps enable users to explore various time frames, such as daily, weekly, or intraday, which helps in thorough analysis and decision-making.

Swissquote's mobile app slightly leads with a 4.5-star rating compared to ThinkMarkets' 4-star rating from users, highlighting its favorable reception. On ForexBrokers.com's ranking list for mobile trading apps, Swissquote secures the 12th position out of 63 brokers, while ThinkMarkets comes in at the 20th spot. This demonstrates Swissquote's slightly higher standing among its peers. However, both platforms do not offer the ability to sync watchlist symbols between their mobile apps and online accounts, requiring users to manage changes manually across platforms. Overall, both apps serve traders well, with Swissquote having a slight edge in user ratings and industry rankings.

Feature Swissquote logoSwissquote
ThinkMarkets logoThinkMarkets
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info
Mobile Charting - Indicators / Studies info 30 94
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

When comparing Swissquote and ThinkMarkets for market research, both platforms offer essential features for traders, including daily market commentary and forex news from top-tier sources like Bloomberg and Reuters. Swissquote stands out with its provision of technical analysis tools through Autochartist, while ThinkMarkets distinguishes itself with a sentiment-based trading tool that displays the ratio of long and short positions across various currency pairs. Additionally, ThinkMarkets enhances its research offerings with tools from Acuity Trading, such as Signal Centre, providing traders with more diverse research capabilities.

Both brokers offer an economic calendar detailing global news events, ensuring traders stay informed about market-moving information. In terms of user ratings, Swissquote earns 4 stars for research, while ThinkMarkets follows with a commendable 3.5 stars. Swissquote also ranks higher in the research category on ForexBrokers.com, securing the 16th spot out of 63 brokers, compared to ThinkMarkets at the 50th position. This ranking suggests Swissquote might be a preferable choice for traders prioritizing comprehensive research tools and a slightly higher rated platform.

Feature Swissquote logoSwissquote
ThinkMarkets logoThinkMarkets
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info Yes
Trading Central (Recognia) info
Social Sentiment - Currency Pairs info Yes
TipRanks info
Signal Centre (Acuity Trading) info Yes
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

When comparing Swissquote and ThinkMarkets, both online brokers offer substantial educational resources for those new to forex and CFDs trading. Beginners can find over ten educational pieces, including articles and videos, on each platform. Both brokers also provide online webinars every month, along with a comprehensive archive for catching up on past sessions. This setup is ideal for new traders who can benefit from continuous learning opportunities. Furthermore, both Swissquote and ThinkMarkets offer a wide selection of more than ten beginner-focused videos to help build foundational trading knowledge.

In addition to resources for newcomers, Swissquote and ThinkMarkets also feature advanced educational videos aimed at more experienced traders. Each platform includes an investor dictionary with over fifty investing terms, making it easier for traders to understand the terminology used in the financial world. Despite these similarities, Swissquote slightly edges out ThinkMarkets in terms of educational rankings, earning four stars compared to ThinkMarkets' 3.5 stars according to ForexBrokers.com. Swissquote is ranked #21 out of 63 brokers, while ThinkMarkets stands at #52, indicating a stronger reputation for educational offerings.

Feature Swissquote logoSwissquote
ThinkMarkets logoThinkMarkets
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes Yes
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Investor Dictionary (Glossary) info Yes Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that Swissquote is better than ThinkMarkets. Swissquote finished with an overall rank of #11, while ThinkMarkets finished with an overall rank of #27.

Traders choose Swissquote for its quality research and vast multi-asset offering โ€“ as long as they are willing to pay a premium to have their brokerage account held with a Swiss bank.

Feature Swissquote logoSwissquote
ThinkMarkets logoThinkMarkets
Overall Rating info 4.5/5 Stars 4/5 Stars
Trust Score info 99 92
Range of Investments 5/5 Stars 4.5/5 Stars
Commissions & Fees 3.5/5 Stars 4/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Education 4/5 Stars 3.5/5 Stars

FAQs

Can you trade cryptocurrency with Swissquote or ThinkMarkets?

Swissquote allows investors to purchase both actual cryptocurrencies and cryptocurrency derivatives, while ThinkMarkets offers only cryptocurrency derivatives without providing the option to buy actual, delivered cryptocurrencies.

What funding options does each broker offer?

When comparing online brokers Swissquote and ThinkMarkets for deposit and withdrawal options, both platforms support Visa or Mastercard and bank wires, Swissquote uniquely provides ACH or SEPA transfers and PayPal, while both offer Skrill, but ThinkMarkets does not mention ACH, SEPA, or PayPal as options.




announcementPlease note:

We review each brokerโ€™s overall global offering โ€“ a โ€œYesโ€ 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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Compare

0 of 5
Overall Rating Swissquote ThinkMarkets
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 3.5/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 4.5/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Education 4/5 Stars 3.5/5 Stars
Trust Score info 99 92
Winner check_circle
Review Swissquote Review
Broker Screenshots Swissquote ThinkMarkets
Broker Gallery (click to expand) info
Regulation Swissquote ThinkMarkets
Trust Score info 99 92
Year Founded info 1996 2010
Publicly Traded (Listed) info Yes
Bank info Yes
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-1 Licenses info 5 5
Tier-2 Licenses info 2 2
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 3
Tier-1 Licenses (Highly Trusted) Swissquote ThinkMarkets
Australia (ASIC Authorised) info Yes
Canada (CIRO Authorised) info
Hong Kong (SFC Authorised) info Yes
Japan (SFC Authorised) info Yes
Singapore (MAS Authorised) info Yes
Switzerland (FINMA Authorised) info Yes
United Kingdom (U.K.) (FCA Authorised) info Yes Yes
USA (CFTC Authorized) info
New Zealand (FMA Authorised) info Yes
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-2 Licenses (Trusted) Swissquote ThinkMarkets
Kenya (CMA Authorised) info
Israel (ISA Authorised) info
South Africa (FSCA Authorised) info Yes Yes
UAE (DFSA/Central Bank Authorised) info Yes Yes
India (SEBI Authorised) info
Jordan (JSC Authorised) info
Investments Swissquote ThinkMarkets
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 472 4000
Forex Pairs (Total) info 80 46
U.S. Stock Trading (Non CFD) info Yes
Int'l Stock Trading (Non CFD) info Yes Yes
Social Trading / Copy Trading info Yes Yes info
Cryptocurrency (Physical) info Yes
Cryptocurrency (Derivative) info Yes Yes info
Disclaimers Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).
Cost Swissquote ThinkMarkets
Average Spread EUR/USD - Standard info N/A info 1.1 info
All-in Cost EUR/USD - Active info N/A info N/A info
Active Trader or VIP Discounts info Yes Yes
Inactivity Fee info Yes Yes
Execution: Agency Broker info Yes Yes
Execution: Market Maker info Yes Yes
Funding Swissquote ThinkMarkets
Minimum Deposit info $1000 $50 info
PayPal (Deposit/Withdraw) info Yes
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info Yes
Trading Platforms Swissquote ThinkMarkets
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes info
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
cTrader info
DupliTrade info
ZuluTrade info
Trading Tools Swissquote ThinkMarkets
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 11 15
Charting - Indicators / Studies (Total) info 86 30
Charting - Drawing Tools (Total) info 75 15
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading Swissquote ThinkMarkets
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info
Mobile Charting - Indicators / Studies info 30 94
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Economic Calendar info Yes Yes
Research Swissquote ThinkMarkets
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info Yes
Trading Central (Recognia) info
TipRanks info
Social Sentiment - Currency Pairs info Yes
Economic Calendar info Yes Yes
Education Swissquote ThinkMarkets
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes Yes
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Investor Dictionary (Glossary) info Yes Yes
Major Forex Pairs Swissquote ThinkMarkets
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review Swissquote Review
Overall Swissquote ThinkMarkets
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 3.5/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 4.5/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Education 4/5 Stars 3.5/5 Stars
Trust Score info 99 92
Winner check_circle
Review Swissquote Review
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