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15 alternatives Expert-reviewed Updated 2026

ThinkMarkets vs Top 15 Alternatives — Side-by-Side Comparison (2026)

15 top-rated brokers compared to ThinkMarkets (rated 3.9/5). Every alternative is independently scored on fees, regulation, demo accounts, and platforms.

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Deriv

4.0
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ThinkMarkets

Currently comparing against

ThinkMarkets

3.9
Full review
Quick Answer

The best alternatives to ThinkMarkets in 2026 are ForTrade (4.3/5), Interactive Brokers (4.4/5), Forex.com (4.4/5). For stronger regulation, ForTrade holds tier-1 licences (FCA). For lowest entry, Interactive Brokers requires no minimum deposit.

See side-by-side comparison below

ThinkMarkets vs Top 5 Alternatives — At a Glance

BrokerRatingMin DepositSpread fromDemo AccountRegulation
ThinkMarkets
ThinkMarketsThis broker
3.92
$00 pips✓ Free demo
FCAASIC
Review
4.25
$1001 pips✓ Free demo
FCA
Visit
4.43
$00.2 pips✓ Free demo
SECMAS
Visit
4.40
$1000.8 pips✓ Free demo
MASCFTC
Visit
4.09
$1000.6 pips✓ Free demo
FCAASIC
Visit
4.35
$00.2 pips✓ Free demo
CFTCFCA
Visit

All 15 alternatives ranked below. Demo accounts are free across all listed brokers — no deposit required to test platforms.

ThinkMarkets

Why traders look for ThinkMarkets alternatives

Rating: 3.9/5Spread: 0 pipsRegulated: FCA, ASIC

Strengths

+FCA regulated
+No minimum deposit
+Good mobile app
+ThinkTrader platform with advanced tools

Common reasons to switch

−Limited research compared to IG/CMC
−Smaller market share

Best ThinkMarkets alternative by category

ThinkMarkets vs ForTrade — quick comparison

ThinkMarketsForTrade
Rating3.94.3 ✓
Min spread0 pips1 pips
Min depositNone$100
RegulationFCA, ASICFCA, CySEC, FSC

If you want… choose this alternative

ThinkMarkets Alternatives — Overview

ThinkMarkets is rated 3.9 out of 5, regulated by FCA, ASIC and headquartered in London, UK. While it remains a solid choice for many traders offering forex, cfd, stocks, indices, commodities, crypto markets, there are 15 alternatives worth considering in 2026 depending on your trading priorities.

The highest-rated alternative is ForTrade (4.3/5), regulated by FCA, CySEC, FSC, DFSA. Other strong contenders include Interactive Brokers (4.4/5), Forex.com (4.4/5), FxPro (4.1/5).

Key factors when choosing a ThinkMarkets alternative include regulation strength, trading fees and spreads, minimum deposit requirements, available markets, and platform quality. We score every broker on these criteria independently using our transparent rating methodology — ratings are not influenced by commercial relationships. ThinkMarkets's minimum spread starts at 0 pips — several alternatives below offer tighter spreads or lower entry requirements. Use our spread calculator to estimate your trading costs, or take the broker finder quiz for a personalised recommendation.

Top 15 Alternatives to ThinkMarkets

Spread: 1 pips
Min deposit: $100
Markets: stocks, cfd, indices, crypto
Higher rating (4.3 vs 3.9) FCA regulated
Spread: 0.2 pips
Min deposit: None
Markets: indices, commodities, forex, cfd
Higher rating (4.4 vs 3.9) SEC, MAS, FCA, ASIC regulated
Spread: 0.8 pips
Min deposit: $100
Markets: stocks, commodities, indices, cfd
Higher rating (4.4 vs 3.9) MAS, CFTC, FCA, ASIC regulated
#4
FxPro
Spread: 0.6 pips
Min deposit: $100
Markets: forex, stocks, commodities, cfd
Higher rating (4.1 vs 3.9) FCA, ASIC regulated
#5
Kraken
Spread: 0.2 pips
Min deposit: None
Markets: crypto
Higher rating (4.3 vs 3.9) CFTC, FCA regulated
#6
Bybit
Spread: 0.1 pips
Min deposit: None
Markets: crypto
Higher rating (4.0 vs 3.9)
#7
OANDA
Spread: 0.6 pips
Min deposit: None
Markets: cfd, commodities, indices, forex
Higher rating (4.3 vs 3.9) ASIC, MAS, CFTC regulated
Spread: 0.6 pips
Min deposit: $250
Markets: commodities, indices, cfd, stocks
Higher rating (4.3 vs 3.9) SEC, MAS, FCA, ASIC regulated
#9
Plus500
Spread: 0.6 pips
Min deposit: $100
Markets: commodities, cfd, indices, crypto
Higher rating (4.0 vs 3.9) MAS, ASIC, FCA regulated
#10
AvaTrade
Spread: 0.9 pips
Min deposit: $100
Markets: forex, crypto, indices, commodities
Higher rating (4.0 vs 3.9) MAS, ASIC, FCA regulated
#11
XT.com
Spread: 0 pips
Min deposit: None
Markets: crypto
Higher rating (4.0 vs 3.9)
#12
Coinbase
Spread: 0.5 pips
Min deposit: None
Markets: crypto
Higher rating (4.3 vs 3.9) FCA, SEC regulated
Spread: 0.4 pips
Min deposit: None
Markets: crypto
Higher rating (4.3 vs 3.9) MAS, FCA regulated
#14
Upbit
Spread: 0 pips
Min deposit: None
Markets: crypto
Higher rating (4.3 vs 3.9) MAS regulated
#15
Deriv
Spread: 0.5 pips
Min deposit: $5
Markets: forex, commodities, indices, crypto
Higher rating (4.0 vs 3.9)

Risk warning: Trading CFDs and forex carries significant risk. Ensure you understand the risks before depositing funds. Capital is at risk.

How to switch from ThinkMarkets to an alternative

1

Open new account

Sign up with your chosen ThinkMarkets alternative and complete identity verification.

2

Fund & test

Deposit funds and test the platform with a demo or small live trades.

3

Transfer positions

Close or transfer open positions at ThinkMarkets. Some brokers support ACATS transfers.

4

Withdraw & close

Withdraw remaining balance from ThinkMarkets and close the account if no longer needed.

ThinkMarkets comparisons

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Frequently Asked Questions

1

What are the best alternatives to ThinkMarkets?

The top alternatives to ThinkMarkets include ForTrade, Interactive Brokers, Forex.com. These brokers offer similar markets with competitive fees and strong regulation.

2

Why switch from ThinkMarkets?

Traders may look for ThinkMarkets alternatives for lower fees, better platform selection, tighter spreads, different regulation, or access to markets not offered by ThinkMarkets.

3

How do I compare ThinkMarkets with alternatives?

Use BrokerRank's side-by-side comparison tool to compare ThinkMarkets with any broker on fees, regulation, platforms, and markets. Visit our compare page to build your own comparison.

4

Is ForTrade better than ThinkMarkets?

ForTrade is rated 4.3/5 compared to ThinkMarkets's 3.9. The best choice depends on your priorities — ForTrade may offer advantages in fees, regulation, or platform features. Compare them side by side to decide.

5

How do I transfer my account from ThinkMarkets to another broker?

To switch from ThinkMarkets: 1) Open an account with your chosen alternative, 2) Complete verification (KYC), 3) Fund your new account, 4) Transfer or close open positions at ThinkMarkets, 5) Withdraw remaining funds. Most brokers complete the process within 1–5 business days.

6

What is the cheapest alternative to ThinkMarkets?

XT.com offers spreads from 0 pips, making it one of the most cost-effective alternatives to ThinkMarkets.