Phemex
ThinkMarkets
VS
Higher Rated
ThinkMarkets
Capital at risk · T&Cs apply
Compare Phemex and ThinkMarkets side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Phemex
ThinkMarkets
| Phemex | ThinkMarkets | |
|---|---|---|
| BrokerRank Score | 3.2/5 | 3.9/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:100 | 1:500 ✓ |
| Regulation | MAS | FCA, ASIC ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, MT5, Proprietary Web |
ThinkMarkets is the better choice overall, scoring 3.9/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Phemex offers lower spreads (0 pips).
See full side-by-side comparison belowPhemex
ThinkMarkets
WinnerPhemex
Lower feesThinkMarkets
Phemex scores 3.16/5 while ThinkMarkets scores 3.92/5 in our independent rating.
ThinkMarkets edges ahead overall, but Phemex may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.
Phemex
3.2/5
Choose Phemex if you want…
Similar strengths to ThinkMarkets — compare below.
ThinkMarkets
3.9/5
Choose ThinkMarkets if you want…
ThinkMarkets scores higher overall on our independent rating system. Phemex holds a 3.2/5 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.
Phemex offers spreads from 0 pips, while ThinkMarkets starts at 0 pips. Check the fees section above for a full breakdown.
Phemex requires a minimum deposit of $0. ThinkMarkets requires $0.
Phemex is regulated by MAS, while ThinkMarkets holds licences from FCA, ASIC.
Phemex supports 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.
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
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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.