ThinkMarkets vs FP Markets 2026: Which Broker is Better?
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 vs FP Markets: Key Differences
ThinkMarkets
WinnerFP Markets
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Fees Comparison
ThinkMarkets
FP Markets
Lower feesRegulation & Trust
ThinkMarkets holds licences from FCA, ASIC. FP Markets is regulated by ASIC, CySEC.
Markets & Assets
Both brokers offer access to Forex, Cfd, Stocks, Indices, Commodities markets.
Trading Platforms
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.
Minimum Deposit
ThinkMarkets requires no minimum deposit, while FP Markets sets a minimum deposit of $100. This makes ThinkMarkets accessible to traders with any budget.
Overall Ratings
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.
BrokerRank Verdict
Who Should Choose Which?
ThinkMarkets
3.9/5
Choose ThinkMarkets if you want…
- Higher overall rating (3.9/5)
- No minimum deposit
FP Markets
3.8/5
Choose FP Markets if you want…
- More established (est. 2005)
Also consider
We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.
Both ThinkMarkets & FP Markets are available in
Frequently Asked Questions
1Is ThinkMarkets better than FP Markets?
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.
2Which has lower fees, ThinkMarkets or FP Markets?
ThinkMarkets offers spreads from 0 pips, while FP Markets starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for ThinkMarkets vs FP Markets?
ThinkMarkets requires a minimum deposit of $0. FP Markets requires $100.
4Which broker is safer, ThinkMarkets or FP Markets?
ThinkMarkets is regulated by FCA, ASIC, while FP Markets holds licences from ASIC, CySEC.
5What trading platforms do ThinkMarkets and FP Markets support?
ThinkMarkets supports MT4, MT5, Proprietary Web, Proprietary Mobile. FP Markets supports MT4, MT5, TradingView, Proprietary Mobile.
6Can I use both ThinkMarkets and FP Markets?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
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