ThinkMarkets
ForTrade
VS
Higher Rated
ThinkMarkets
Capital at risk · T&Cs apply
Choosing between ThinkMarkets and ForTrade depends on your trading style, preferred markets, and budget. ThinkMarkets is headquartered in London, UK. ThinkMarkets has the longer track record, established in 2010, compared to ForTrade which was founded in 2013. 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
ForTrade
| ThinkMarkets | ForTrade | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.8/5 |
| Min. Deposit | $0 ✓ | $100 |
| Spread from | 0 pips ✓ | 1 pips |
| Max Leverage | 1:500 | 1:500 |
| Regulation | FCA, ASIC | FCA, ASIC, CySEC ✓ |
| Platforms | MT4, MT5, Proprietary Web | Proprietary Web, Proprietary Mobile, MT4 |
ThinkMarkets is the better choice overall, scoring 3.9/5 vs 3.8/5 on BrokerRank's independent rating. On fees, ThinkMarkets offers lower spreads (0 pips).
See full side-by-side comparison belowThinkMarkets
WinnerForTrade
ThinkMarkets
ForTrade
ThinkMarkets holds licences from FCA, ASIC. ForTrade is regulated by FCA, ASIC, CySEC.
Both brokers offer access to Forex, Cfd, Stocks, Indices, Commodities markets.
On spreads, ThinkMarkets is more competitive with EUR/USD spreads from 0.0 pips, compared to 1.0 pips at ForTrade.
ThinkMarkets supports MT4, MT5, Proprietary Web, Proprietary Mobile. ForTrade offers Proprietary Web, Proprietary Mobile, MT4. Both brokers are available on MT4, Proprietary Web, Proprietary Mobile.
ThinkMarkets requires no minimum deposit, while ForTrade sets a minimum deposit of $100. This makes ThinkMarkets accessible to traders with any budget.
BrokerRank scores ThinkMarkets at 3.92/5 and ForTrade at 3.81/5, 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…
ForTrade
3.8/5
Choose ForTrade if you want…
ThinkMarkets scores higher overall on our independent rating system. ThinkMarkets holds a 3.9/5 rating vs ForTrade's 3.8/5. 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 ForTrade starts at 1 pips. Check the fees section above for a full breakdown.
ThinkMarkets requires a minimum deposit of $0. ForTrade requires $100.
ThinkMarkets is regulated by FCA, ASIC, while ForTrade holds licences from FCA, ASIC, CySEC.
ThinkMarkets supports MT4, MT5, Proprietary Web, Proprietary Mobile. ForTrade supports Proprietary Web, Proprietary Mobile, MT4.
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
BrokerRank Research — Loss rates across 50 EU brokers
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.