OctaFX vs ThinkMarkets | Broker Comparison
Basic Information
Year Founded
First broker:
2011
Second broker:
Headquarters Location
First broker:
St. Vincent & Grenadines
Second broker:
Publicly Traded (Entity or Parent)
First broker:
YES
Second broker:
Regulated?
First broker:
YES
Second broker:
Primary Regulator
First broker:
CySEC
Second broker:
Minimum Deposit
First broker:
$5
Second broker:
Fixed Spreads?
First broker:
YES
Second broker:
Trading Type
First broker:
ECN, STP
Second broker:
Commissions on Trades
First broker:
NO
Second broker:
CFD Loss Rate
First broker:
73% loss rate on CFDs
Second broker:
Maximum Leverage
First broker:
1:500
Second broker:
Currency Pairs Offered
First broker:
28
Second broker:
General Average Rating - 3 scale
First broker:
2,10
Second broker:
Customer Support
Live Chat, Web, Tele, Offices
First broker:
YES
3,0
Second broker:
Responsiveness
First broker:
96% customer satisfaction
2,5
Second broker:
FAQs? Quality?
First broker:
Below Average
1,5
Second broker:
Summary Score
First broker:
2,33
Second broker:
General Pros & Cons
Pro #1
First broker:
STP ECN broker, NDD
2,5
Second broker:
Pro #2
First broker:
Received many awards
2,5
Second broker:
Pro #3
First broker:
Low fees
2,5
Second broker:
Con #1
First broker:
Poor asset coverage
1,0
Second broker:
Con #2
First broker:
cTrader platform limited
1,0
Second broker:
Con #3
First broker:
Security needs upgrade
1,0
Second broker:
Summary Score
First broker:
1,75
Second broker:
Broker links