Higher Rated
ThinkMarkets
Capital at risk · T&Cs apply
In this comprehensive comparison of FXCM and ThinkMarkets, we delve into the key differences and unique offerings of each broker. FXCM, with a rating of 3.66/5, is a seasoned player in the trading industry, appealing to traders who value low spreads and automated trading support, particularly in forex and CFDs. On the other hand, ThinkMarkets, rated 3.92/5, caters to traders seeking a broader market range, including cryptocurrencies, and offers a more flexible deposit requirement with advanced trading tools. Both brokers are regulated by the FCA and ASIC, ensuring a secure trading environment, but they differ significantly in their fee structures and platform options.
FXCM
ThinkMarkets
| FXCM | ThinkMarkets | |
|---|---|---|
| BrokerRank Score | 3.7/5 | 3.9/5 ✓ |
| Min. Deposit | $50 | $0 ✓ |
| Spread from | 0.2 pips | 0 pips ✓ |
| Max Leverage | 1:400 | 1:500 ✓ |
| Regulation | FCA, ASIC | FCA, ASIC |
| Platforms | MT4, Proprietary Web, Proprietary Mobile | MT4, MT5, Proprietary Web |
ThinkMarkets is the better choice overall, scoring 3.9/5 vs 3.7/5 on BrokerRank's independent rating. On fees, ThinkMarkets offers lower spreads (0 pips).
See full side-by-side comparison belowFXCM
ThinkMarkets
WinnerFXCM
ThinkMarkets
FXCM
3.7/5
Choose FXCM if you want…
ThinkMarkets
3.9/5
Choose ThinkMarkets if you want…
ThinkMarkets scores higher overall on our independent rating system. FXCM holds a 3.7/5 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.
FXCM offers spreads from 0.2 pips, while ThinkMarkets starts at 0 pips. Check the fees section above for a full breakdown.
FXCM requires a minimum deposit of $50. ThinkMarkets requires $0.
FXCM is regulated by FCA, ASIC, while ThinkMarkets holds licences from FCA, ASIC.
FXCM supports MT4, Proprietary Web, 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.
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BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.