Freetrade
ThinkMarkets
VS
Higher Rated
ThinkMarkets
Capital at risk · T&Cs apply
When comparing Freetrade and ThinkMarkets, the key difference lies in their market offerings and target audiences. Freetrade, with a rating of 3.01/5, appeals primarily to UK-based investors seeking commission-free stock and ETF trading through a simple mobile app, but lacks broader global market access and advanced trading features. Meanwhile, ThinkMarkets, boasting a higher rating of 3.92/5, caters to more diverse and experienced traders interested in a wider range of markets, including forex, CFDs, and cryptocurrencies, facilitated by advanced platforms like MT4 and MT5. Each broker offers unique advantages depending on whether you prioritise cost-effective stock trading or comprehensive market access and sophisticated trading tools.
Freetrade
ThinkMarkets
| Freetrade | ThinkMarkets | |
|---|---|---|
| BrokerRank Score | 3.0/5 | 3.9/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:1 | 1:500 ✓ |
| Regulation | FCA | FCA, ASIC ✓ |
| Platforms | Proprietary Mobile | MT4, MT5, Proprietary Web |
ThinkMarkets is the better choice overall, scoring 3.9/5 vs 3.0/5 on BrokerRank's independent rating. On fees, Freetrade offers lower spreads (0 pips).
See full side-by-side comparison belowFreetrade
ThinkMarkets
WinnerFreetrade
Lower feesThinkMarkets
Freetrade
3.0/5
Choose Freetrade if you want…
ThinkMarkets
3.9/5
Choose ThinkMarkets if you want…
ThinkMarkets scores higher overall on our independent rating system. Freetrade holds a 3.0/5 rating vs ThinkMarkets's 3.9/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Freetrade offers spreads from 0 pips, while ThinkMarkets starts at 0 pips. Check the fees section above for a full breakdown.
Freetrade requires a minimum deposit of $0. ThinkMarkets requires $0.
Freetrade is regulated by FCA, while ThinkMarkets holds licences from FCA, ASIC.
Freetrade supports Proprietary Mobile. ThinkMarkets supports MT4, MT5, Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.