Selfwealth vs ThinkMarkets

Bill Ryan Natividad avatar
Written by   |  
David Boyd avatar
Verified by
Updated 24 Aug 2023
Selfwealth
ThinkMarkets
Overview
Description
Low cost broker with access to Australian, HK, and US markets.Trade shares, ETFs, forex, crypto and more. Full-featured platform with low fees.
Basics
Account Funding Options
Bank transfer, BPAYBank transfer, BPAY, credit card, debit card, Neteller, PayPal, POLi, Skrill
Advisory Services
NoNo
Apps
Android, iOSAndroid, iOS
CHESS Sponsored
YesYes
Minimum Deposit
N/A$0.00
Minimum Trade
$500 (share dealing)N/A
Regulator
ASICASIC
Signup Bonus Gift
NoneOpen a new Share trading account and get free live data, HIN ownership and 10 free trades.
Trading
Copy Trading
YesYes
Crypto Trading
NoYes
cTrader Trading
NoNo
ETF Trading
YesYes
Forex Trading
NoYes
Fractional Share Trading
NoYes
Futures Trading
NoYes
International Markets Trading
YesYes
MetaTrader 4 Trading
NoYes
MetaTrader 5 Trading
NoYes
Mutual Funds Trading
NoNo
Options Trading
NoNo
OTCBB / Pink Sheets
NoNo
Paper Trading
NoYes
Penny Share Trading
YesYes
Social Trading
YesYes
Share Trading
YesYes
Tradable Assets
ETFs, SharesCommodities, Crypto, ETFs, Forex, Indices, Shares, Share CFDs, Metals
Tradable Markets
ASX, HKEX, NASDAQ, NYSEASX, CXA
Fees
Broker Assisted Trades Fee
N/AN/A
Brokerage Fee
$9.50$8.00
Domestic Wire Transfer Fee
N/AN/A
ETF Trade Fee
$0.00N/A
Funds Withdrawal Fee (Partial)
N/AN/A
Funds Withdrawal Fee (Full)
N/AN/A
International Wire Transfer Fee
N/AN/A
Mutual Fund Trade Fee
N/AN/A
Options (Base Fee)
N/AN/A
Options (Per Contract Fee)
N/AN/A
Paper Confirmation Fee
N/AN/A
Paper Statement Fee
N/AN/A
Returned Wire Fee
N/AN/A
Spread
N/AN/A
Stock Certificate Delivery Fee
N/AN/A
Stock Certificate Processing Fee
N/AN/A
Stock Trade Fee
$0.00$8.00
Order types
Order Type (Contingent)
NoNo
Order Type (Limit)
YesYes
Order Type (Market)
YesYes
Order Type (One Cancels The Other)
NoNo
Order Type (One Triggers and One Cancels The Other)
NoNo
Order Type (Stop)
YesYes
Order Type (Trailing Stop)
NoNo
Customer service
Email Support
YesYes
Live Chat Support
YesYes
Phone Support
NoYes

As seen on

Media - The Sydney Morning Herald
Media - Yahoo Finance
Media - News.com.au
Media - Daily Mail Australia
Media - Australian Fintech
Media - Dynamic Business