FXTM
ThinkMarkets
FXTM vs ThinkMarkets
A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.
FXTM and ThinkMarkets are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. FXTM, founded in 2011 and headquartered in Limassol, Cyprus, is regulated by CySEC, FCA, FSA and offers spreads starting from 0.0 pips with a minimum deposit of $10. ThinkMarkets, established in 2010 in London, UK, holds licenses from ASIC, FCA, CySEC with spreads from 0.0 pips and a $0 minimum deposit. In our hands-on testing across 8 scoring categories, ThinkMarkets scored 8.3/10 overall compared to FXTM's 8/10, making it the stronger pick for most traders. That said, FXTM holds its own with superior education resources, so your ideal broker depends on what you prioritize in a trading partner.
Key Differences at a Glance
- 📊
ThinkMarkets scores 8.3/10 overall vs 8/10 for FXTM — a 0.3-point difference.
- 💵
ThinkMarkets requires just $0 to start, while FXTM needs $10 — ThinkMarkets is 10x more accessible.
- 📈
ThinkMarkets offers 4,000+ instruments vs 600+ at FXTM — a massive gap in market coverage.
- 🖥️
FXTM runs on MT4, MT5, FXTM Trader App, while ThinkMarkets uses MT4, MT5, ThinkTrader — different ecosystems for different trading styles.
- ⚡
The biggest gap is in Platforms & Tools: ThinkMarkets scores 8.5 vs 7.5 for FXTM — a 1.0-point difference.
Our Verdict
FXTM
Score: 8.0/10 · Wins 1 categories- You're a beginner who values learning resources
- You prefer FXTM's trading environment overall
ThinkMarkets
Score: 8.3/10 · Wins 4 categories- You need advanced trading platforms and tools
- Responsive customer support matters to you
- You want access to a wider range of instruments
- You rely on in-depth research and analysis tools
ThinkMarkets takes the lead with an overall score of 8.3/10 compared to 8/10, winning in 4 out of 8 scoring categories. ThinkMarkets stands out for better trading platforms and better customer support, while FXTM fights back with superior education resources.
Detailed Verdict
After testing both brokers with real accounts, ThinkMarkets comes out ahead with a 8.3/10 overall rating, winning 4 out of 8 categories. Its strongest area is Regulation & Trust where it scores 9.0/10. ThinkMarkets holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. FXTM is not without merit — it scores 8/10 overall and excels in Regulation & Trust (9.0/10), winning 1 category. Traders who value superior education resources may find FXTM the better fit. For a complete breakdown, read our full ThinkMarkets review and FXTM review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.
Score Breakdown
ThinkMarkets wins by 1.0 points
FXTM wins by 1.0 points
ThinkMarkets wins by 0.5 points
ThinkMarkets wins by 0.5 points
ThinkMarkets wins by 1.0 points
Full Feature Comparison
| Feature | ||
|---|---|---|
| Overall Score | 8.0/10 | 8.3/10 ✓ |
| Min Deposit Lower is better | $10 | $0 ✓ |
| Max Leverage | 1:2000 | 1:500 |
| Spreads From | 0.0 pips | 0.0 pips |
| Platforms | MT4, MT5, FXTM Trader App | MT4, MT5, ThinkTrader |
| Regulation | CySEC, FCA, FSA | ASIC, FCA, CySEC |
| Founded Older track record highlighted | 2011 | 2010 ✓ |
| Markets | 600+ | 4,000+ ✓ |
Fees & Costs
When it comes to trading costs, FXTM has the edge with a score of 8/10 versus 8/10 for ThinkMarkets. FXTM offers spreads starting from 0.0 pips, while ThinkMarkets starts from 0.0 pips. The minimum deposit at FXTM is $10, compared to $0 at ThinkMarkets. Both brokers operate primarily on a spread-based pricing model, though actual costs vary by account type and instrument. For high-volume traders, even small spread differences add up significantly over time, making this an important category to weigh carefully.
Trading Platforms
ThinkMarkets scores 8.5/10 for platforms compared to 7.5/10 for FXTM. FXTM provides MT4, MT5, FXTM Trader App, while ThinkMarkets offers MT4, MT5, ThinkTrader. The choice of platform affects your charting, order execution speed, and available technical indicators. Traders who rely on MetaTrader's algorithmic trading capabilities should check which MT4/MT5 features each broker supports, including custom indicators and expert advisors.
Regulation & Safety
Regulation is crucial for fund safety. FXTM is regulated by CySEC, FCA, FSA (Tier 1), while ThinkMarkets holds licenses from ASIC, FCA, CySEC (Tier 1). FXTM scores 9/10 and ThinkMarkets scores 9/10 in this category. Tier 1 regulators like FCA, ASIC, and CySEC offer the strongest investor protection, including segregated client funds and compensation schemes. Always verify your broker's specific license for your jurisdiction before opening an account.
Education & Research
For learning resources, FXTM leads with 8.5/10 compared to 7.5/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. FXTM and ThinkMarkets both provide demo accounts for risk-free practice, but the depth of educational content varies. Beginners should prioritize this category when choosing between the two.
Customer Support
FXTM offers 24/5 Live Chat, Email, Phone and scores 7.5/10, while ThinkMarkets provides 24/7 Live Chat, Email, Phone with a score of 8/10. Reliable support becomes critical during market volatility or when you encounter account issues. Look for brokers with 24/5 or 24/7 availability, multiple contact channels, and support in your preferred language.
Deposit & Withdrawal
FXTM scores 8/10 for deposits and withdrawals, while ThinkMarkets scores 8/10. FXTM accepts Bank Transfer, Credit Card, Skrill, Neteller, and ThinkMarkets supports Bank Transfer, Credit Card, Skrill, Neteller, PayPal. Processing times, fees, and available currencies vary. FXTM requires a minimum deposit of $10 versus $0 for ThinkMarkets. Always check withdrawal conditions and any potential fees before funding your account.
Which Broker Is Right for You?
Choose FXTM if you...
- You're a beginner who values learning resources
- You prefer FXTM's trading environment overall
Choose ThinkMarkets if you...
- You need advanced trading platforms and tools
- Responsive customer support matters to you
- You want access to a wider range of instruments
- You rely on in-depth research and analysis tools
🗳️ Which Broker Do You Prefer?
Cast your vote — see what other traders think
Frequently Asked Questions
Is FXTM better than ThinkMarkets?
ThinkMarkets scores higher overall (8.3/10 vs 8/10), winning 4 of 8 categories. However, FXTM is stronger in superior education resources. The best choice depends on what matters most to your trading style.
Which has lower fees, FXTM or ThinkMarkets?
FXTM scores higher for trading costs. FXTM offers spreads from 0.0 pips with a $10 minimum deposit, while ThinkMarkets starts from 0.0 pips with $0 minimum. Actual trading costs depend on your instrument, volume, and account type.
Is FXTM safe to trade with?
FXTM is regulated by CySEC, FCA, FSA and scores 9/10 for regulation. ThinkMarkets is regulated by ASIC, FCA, CySEC with a score of 9/10. Both hold recognized licenses, but verify the specific entity covering your region.
Which has better trading platforms, FXTM or ThinkMarkets?
ThinkMarkets scores 8.5/10 for platforms. FXTM offers MT4, MT5, FXTM Trader App, while ThinkMarkets provides MT4, MT5, ThinkTrader. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.
What's the minimum deposit for FXTM vs ThinkMarkets?
FXTM requires a minimum deposit of $10, while ThinkMarkets requires $0. ThinkMarkets has the lower entry barrier, making it more accessible for beginners or those testing with smaller amounts.
Ready to Start Trading?
Open a free account with either broker and start trading today.