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Side-by-Side Comparison Independent Updated Oct 2, 2026

FXCM vs ThinkMarkets 2026: Which Broker is Better?

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

Higher ratedThinkMarkets logo

ThinkMarkets

3.9/ 5
Visit ThinkMarkets →Full review
VS
FXCMThinkMarkets
BrokerRank Score3.7/53.9/5 ✓
Min. Deposit$50$0 ✓
Spread from0.2 pips0 pips ✓
Max Leverage1:4001:500 ✓
RegulationFCA, ASICFCA, ASIC
PlatformsMT4, Proprietary Web, Proprietary MobileMT4, MT5, Proprietary Web
Quick VerdictBrokerRank recommends
Best for Beginners
ThinkMarketsFXCM
Best for Low Fees
ThinkMarketsFXCM
Best for Regulation
FXCMThinkMarkets
Best Overall
ThinkMarketsFXCM
Quick Answer

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 below

FXCM vs ThinkMarkets: Key Differences

Feature

FXCM

ThinkMarkets

Winner
Our Rating
3.7 / 5
3.9 / 5
Min. Deposit
$50
$0
Max Leverage
Spread From
0.2 pips
0 pips
Commission
None
$3.5/lot
Regulated By
Platforms
MT4, Proprietary Web, Proprietary Mobile
MT4, MT5, Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Indices, Commodities
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Founded
1999
2010
Headquarters
London, UK
London, UK
Score
1 / 4
3 / 4

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Fees Comparison

Fee

FXCM

ThinkMarkets

Spread From
0.2 pips
0 pips
Commission
None
$3.5/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

For beginners, FXCM is the preferable choice due to its low entry barrier with a $50 minimum deposit, comprehensive educational content, and support for automated trading. Professional traders may find ThinkMarkets more appealing, given its broader market offerings, including cryptocurrencies, and its advanced ThinkTrader platform. On fees, ThinkMarkets edges out with spreads starting from 0 pips, although it charges a commission on ThinkZero accounts, whereas FXCM offers commission-free trading but has slightly higher spreads.

Who Should Choose Which?

FXCM

FXCM

3.7/5

Choose FXCM if you want…

  • No per-trade commission
  • More established (est. 1999)
ThinkMarkets

ThinkMarkets

3.9/5

Top pick

Choose ThinkMarkets if you want…

  • Higher overall rating (3.9/5)
  • Tighter spreads (from 0 pips)
  • No minimum deposit
  • Higher leverage (up to 1:500)

Also consider

View all rankings

We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

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4.0
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Both FXCM & ThinkMarkets are available in

Frequently Asked Questions

1

Is FXCM better than ThinkMarkets?

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.

2

Which has lower fees, FXCM or ThinkMarkets?

FXCM offers spreads from 0.2 pips, while ThinkMarkets starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for FXCM vs ThinkMarkets?

FXCM requires a minimum deposit of $50. ThinkMarkets requires $0.

4

Which broker is safer, FXCM or ThinkMarkets?

FXCM is regulated by FCA, ASIC, while ThinkMarkets holds licences from FCA, ASIC.

5

What trading platforms do FXCM and ThinkMarkets support?

FXCM supports MT4, Proprietary Web, Proprietary Mobile. ThinkMarkets supports MT4, MT5, Proprietary Web, Proprietary Mobile.

6

Can I use both FXCM and ThinkMarkets?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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