ThinkMarkets
FP Markets
VS
Higher Rated
ThinkMarkets
Capital at risk · T&Cs apply
Choosing between ThinkMarkets and FP Markets depends on your trading style, preferred markets, and budget. ThinkMarkets is headquartered in London, UK, while FP Markets operates from Sydney, Australia. FP Markets has the longer track record, established in 2005, 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
FP Markets
| ThinkMarkets | FP Markets | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.8/5 |
| Min. Deposit | $0 ✓ | $100 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 | 1:500 |
| Regulation | FCA, ASIC | ASIC, CySEC |
| Platforms | MT4, MT5, Proprietary Web | MT4, MT5, TradingView |
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
WinnerFP Markets
ThinkMarkets
FP Markets
Lower feesThinkMarkets holds licences from FCA, ASIC. FP Markets is regulated by ASIC, CySEC.
Both brokers offer access to Forex, Cfd, Stocks, Indices, Commodities markets.
ThinkMarkets supports MT4, MT5, Proprietary Web, Proprietary Mobile. FP Markets offers MT4, MT5, TradingView, Proprietary Mobile. Both brokers are available on MT4, MT5, Proprietary Mobile.
ThinkMarkets requires no minimum deposit, while FP Markets sets a minimum deposit of $100. This makes ThinkMarkets accessible to traders with any budget.
BrokerRank scores ThinkMarkets at 3.92/5 and FP Markets at 3.84/5, 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…
FP Markets
3.8/5
Choose FP Markets if you want…
ThinkMarkets scores higher overall on our independent rating system. ThinkMarkets holds a 3.9/5 rating vs FP Markets'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 FP Markets starts at 0 pips. Check the fees section above for a full breakdown.
ThinkMarkets requires a minimum deposit of $0. FP Markets requires $100.
ThinkMarkets is regulated by FCA, ASIC, while FP Markets holds licences from ASIC, CySEC.
ThinkMarkets supports MT4, MT5, Proprietary Web, Proprietary Mobile. FP Markets supports MT4, MT5, TradingView, 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.