ThinkMarkets
FBS
ThinkMarkets vs FBS
A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.
ThinkMarkets and FBS are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. ThinkMarkets, founded in 2010 and headquartered in London, UK, is regulated by ASIC, FCA, CySEC and offers spreads starting from 0.0 pips with a minimum deposit of $0. FBS, established in 2009 in Belize City, Belize, holds licenses from IFSC, CySEC with spreads from 0.7 pips and a $5 minimum deposit. In our hands-on testing across 8 scoring categories, ThinkMarkets scored 8.3/10 overall compared to FBS's 7.2/10, making it the stronger pick for most traders. That said, FBS holds its own with overall value, 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 7.2/10 for FBS — a 1.1-point difference.
- 💵
ThinkMarkets requires just $0 to start, while FBS needs $5 — ThinkMarkets is 5x more accessible.
- 📈
ThinkMarkets offers 4,000+ instruments vs 250+ at FBS — a massive gap in market coverage.
- 🖥️
ThinkMarkets runs on MT4, MT5, ThinkTrader, while FBS uses MT4, MT5, FBS Trader App — different ecosystems for different trading styles.
- ⚡
The biggest gap is in Regulation & Trust: ThinkMarkets scores 9.0 vs 6.5 for FBS — a 2.5-point difference.
Our Verdict
ThinkMarkets
Score: 8.3/10 · Wins 6 categories- You want lower spreads and trading fees
- You need advanced trading platforms and tools
- Top-tier regulation and fund safety are your priority
- Responsive customer support matters to you
FBS
Score: 7.2/10 · Wins 0 categories- You prefer FBS's trading environment overall
ThinkMarkets takes the lead with an overall score of 8.3/10 compared to 7.2/10, winning in 6 out of 8 scoring categories. ThinkMarkets stands out for lower trading costs and better trading platforms, while FBS remains a solid alternative.
Detailed Verdict
After testing both brokers with real accounts, ThinkMarkets comes out ahead with a 8.3/10 overall rating, winning 6 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. FBS is not without merit — it scores 7.2/10 overall and excels in Deposit & Withdrawal (8.0/10). For a complete breakdown, read our full ThinkMarkets review and FBS review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.
Score Breakdown
ThinkMarkets wins by 1.0 points
ThinkMarkets wins by 1.5 points
ThinkMarkets wins by 2.5 points
ThinkMarkets wins by 1.0 points
ThinkMarkets wins by 1.0 points
ThinkMarkets wins by 1.5 points
Full Feature Comparison
| Feature | ||
|---|---|---|
| Overall Score | 8.3/10 ✓ | 7.2/10 |
| Min Deposit Lower is better | $0 ✓ | $5 |
| Max Leverage | 1:500 | 1:3000 |
| Spreads From | 0.0 pips | 0.7 pips |
| Platforms | MT4, MT5, ThinkTrader | MT4, MT5, FBS Trader App |
| Regulation | ASIC, FCA, CySEC | IFSC, CySEC |
| Founded Older track record highlighted | 2010 | 2009 ✓ |
| Markets | 4,000+ ✓ | 250+ |
Fees & Costs
When it comes to trading costs, ThinkMarkets has the edge with a score of 8/10 versus 7/10 for FBS. ThinkMarkets offers spreads starting from 0.0 pips, while FBS starts from 0.7 pips. The minimum deposit at ThinkMarkets is $0, compared to $5 at FBS. 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 7/10 for FBS. ThinkMarkets provides MT4, MT5, ThinkTrader, while FBS offers MT4, MT5, FBS Trader App. 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. ThinkMarkets is regulated by ASIC, FCA, CySEC (Tier 1), while FBS holds licenses from IFSC, CySEC (Tier 1). ThinkMarkets scores 9/10 and FBS scores 6.5/10 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, ThinkMarkets leads with 7.5/10 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. ThinkMarkets and FBS 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
ThinkMarkets offers 24/7 Live Chat, Email, Phone and scores 8/10, while FBS provides 24/7 Live Chat, Email, Phone with a score of 7/10. 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
ThinkMarkets scores 8/10 for deposits and withdrawals, while FBS scores 8/10. ThinkMarkets accepts Bank Transfer, Credit Card, Skrill, Neteller, PayPal, and FBS supports Bank Transfer, Credit Card, Skrill, Neteller, Sticpay. Processing times, fees, and available currencies vary. ThinkMarkets requires a minimum deposit of $0 versus $5 for FBS. Always check withdrawal conditions and any potential fees before funding your account.
Which Broker Is Right for You?
Choose ThinkMarkets if you...
- You want lower spreads and trading fees
- You need advanced trading platforms and tools
- Top-tier regulation and fund safety are your priority
- Responsive customer support matters to you
🗳️ Which Broker Do You Prefer?
Cast your vote — see what other traders think
Frequently Asked Questions
Is ThinkMarkets better than FBS?
ThinkMarkets scores higher overall (8.3/10 vs 7.2/10), winning 6 of 8 categories. However, FBS remains competitive. The best choice depends on what matters most to your trading style.
Which has lower fees, ThinkMarkets or FBS?
ThinkMarkets scores higher for trading costs. ThinkMarkets offers spreads from 0.0 pips with a $0 minimum deposit, while FBS starts from 0.7 pips with $5 minimum. Actual trading costs depend on your instrument, volume, and account type.
Is ThinkMarkets safe to trade with?
ThinkMarkets is regulated by ASIC, FCA, CySEC and scores 9/10 for regulation. FBS is regulated by IFSC, CySEC with a score of 6.5/10. Both hold recognized licenses, but verify the specific entity covering your region.
Which has better trading platforms, ThinkMarkets or FBS?
ThinkMarkets scores 8.5/10 for platforms. ThinkMarkets offers MT4, MT5, ThinkTrader, while FBS provides MT4, MT5, FBS Trader App. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.
What's the minimum deposit for ThinkMarkets vs FBS?
ThinkMarkets requires a minimum deposit of $0, while FBS requires $5. 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.