ThinkMarkets
FxOpen
VS
Higher Rated
ThinkMarkets
Capital at risk · T&Cs apply
Choosing between ThinkMarkets and FxOpen depends on your trading style, preferred markets, and budget. ThinkMarkets is headquartered in London, UK. FxOpen 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
FxOpen
| ThinkMarkets | FxOpen | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.7/5 |
| Min. Deposit | $0 ✓ | $1 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 | 1:500 |
| Regulation | FCA, ASIC | FCA, ASIC |
| Platforms | MT4, MT5, Proprietary Web | MT4, MT5, cTrader |
ThinkMarkets is the better choice overall, scoring 3.9/5 vs 3.7/5 on BrokerRank's independent rating. On fees, ThinkMarkets offers lower spreads (0 pips).
See full side-by-side comparison belowThinkMarkets
WinnerFxOpen
ThinkMarkets
FxOpen
Lower feesThinkMarkets holds licences from FCA, ASIC. FxOpen is regulated by FCA, ASIC.
Both brokers offer access to Forex, Cfd, Indices, Commodities markets. ThinkMarkets additionally covers Stocks. FxOpen adds Crypto.
ThinkMarkets supports MT4, MT5, Proprietary Web, Proprietary Mobile. FxOpen offers MT4, MT5, cTrader. Both brokers are available on MT4, MT5.
ThinkMarkets requires no minimum deposit, while FxOpen sets a minimum deposit of $1. This makes ThinkMarkets accessible to traders with any budget.
BrokerRank scores ThinkMarkets at 3.92/5 and FxOpen at 3.66/5, 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…
FxOpen
3.7/5
Choose FxOpen if you want…
ThinkMarkets scores higher overall on our independent rating system. ThinkMarkets holds a 3.9/5 rating vs FxOpen's 3.7/5. 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 FxOpen starts at 0 pips. Check the fees section above for a full breakdown.
ThinkMarkets requires a minimum deposit of $0. FxOpen requires $1.
ThinkMarkets is regulated by FCA, ASIC, while FxOpen holds licences from FCA, ASIC.
ThinkMarkets supports MT4, MT5, Proprietary Web, Proprietary Mobile. FxOpen supports MT4, MT5, cTrader.
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.