FxOpen
ThinkMarkets
VS
Higher Rated
ThinkMarkets
Capital at risk · T&Cs apply
In this comprehensive broker comparison, we examine FxOpen and ThinkMarkets, two established trading platforms regulated by the FCA and ASIC. FxOpen appeals to traders seeking a low entry barrier with a minimal deposit requirement of just $1 and access to cTrader, ideal for those prioritising ECN execution. Conversely, ThinkMarkets caters to traders who value advanced trading tools and a robust mobile experience, featuring the ThinkTrader platform with no minimum deposit. While both offer competitive spreads starting from 0 pips, FxOpen's lower commission rate is balanced by ThinkMarkets' broader market offerings, including stocks.
FxOpen
ThinkMarkets
| FxOpen | ThinkMarkets | |
|---|---|---|
| BrokerRank Score | 3.7/5 | 3.9/5 ✓ |
| Min. Deposit | $1 | $0 ✓ |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 | 1:500 |
| Regulation | FCA, ASIC | FCA, ASIC |
| Platforms | MT4, MT5, cTrader | 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, FxOpen offers lower spreads (0 pips).
See full side-by-side comparison belowFxOpen
ThinkMarkets
WinnerFxOpen
Lower feesThinkMarkets
FxOpen
3.7/5
Choose FxOpen if you want…
ThinkMarkets
3.9/5
Choose ThinkMarkets if you want…
ThinkMarkets scores higher overall on our independent rating system. FxOpen 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.
FxOpen offers spreads from 0 pips, while ThinkMarkets starts at 0 pips. Check the fees section above for a full breakdown.
FxOpen requires a minimum deposit of $1. ThinkMarkets requires $0.
FxOpen is regulated by FCA, ASIC, while ThinkMarkets holds licences from FCA, ASIC.
FxOpen supports MT4, MT5, cTrader. 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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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.