ThinkMarkets
Firstrade
VS
Higher Rated
ThinkMarkets
Capital at risk · T&Cs apply
Choosing between ThinkMarkets and Firstrade depends on your trading style, preferred markets, and budget. ThinkMarkets is headquartered in London, UK, while Firstrade operates from New York, USA. Firstrade has the longer track record, established in 1985, compared to ThinkMarkets which was founded in 2010. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
ThinkMarkets
Firstrade
| ThinkMarkets | Firstrade | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.4/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 ✓ | 1:2 |
| Regulation | FCA, ASIC | SEC, CFTC |
| Platforms | MT4, MT5, Proprietary Web | Proprietary Web, Proprietary Mobile |
ThinkMarkets is the better choice overall, scoring 3.9/5 vs 3.4/5 on BrokerRank's independent rating. On fees, ThinkMarkets offers lower spreads (0 pips).
See full side-by-side comparison belowThinkMarkets
Firstrade
ThinkMarkets
Firstrade
Lower feesThinkMarkets holds licences from FCA, ASIC. Firstrade is regulated by SEC, CFTC.
Both brokers offer access to Stocks, Indices markets. ThinkMarkets additionally covers Forex, Cfd, Commodities.
ThinkMarkets supports MT4, MT5, Proprietary Web, Proprietary Mobile. Firstrade offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
ThinkMarkets requires no minimum deposit, while Firstrade sets no minimum deposit. This makes ThinkMarkets accessible to traders with any budget.
BrokerRank scores ThinkMarkets at 3.92/5 and Firstrade at 3.41/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. ThinkMarkets leads overall with a clear advantage.
ThinkMarkets
3.9/5
Choose ThinkMarkets if you want…
Firstrade
3.4/5
Choose Firstrade if you want…
ThinkMarkets scores higher overall on our independent rating system. ThinkMarkets holds a 3.9/5 rating vs Firstrade's 3.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
ThinkMarkets offers spreads from 0 pips, while Firstrade starts at 0 pips. Check the fees section above for a full breakdown.
ThinkMarkets requires a minimum deposit of $0. Firstrade requires $0.
ThinkMarkets is regulated by FCA, ASIC, while Firstrade holds licences from SEC, CFTC.
ThinkMarkets supports MT4, MT5, Proprietary Web, Proprietary Mobile. Firstrade supports 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.