ThinkMarkets vs FxOpen 2026: Which Broker is Better?
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 vs FxOpen: Key Differences
ThinkMarkets
WinnerFxOpen
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Fees Comparison
ThinkMarkets
FxOpen
Lower feesRegulation & Trust
ThinkMarkets holds licences from FCA, ASIC. FxOpen is regulated by FCA, ASIC.
Markets & Assets
Both brokers offer access to Forex, Cfd, Indices, Commodities markets. ThinkMarkets additionally covers Stocks. FxOpen adds Crypto.
Trading Platforms
ThinkMarkets supports MT4, MT5, Proprietary Web, Proprietary Mobile. FxOpen offers MT4, MT5, cTrader. Both brokers are available on MT4, MT5.
Minimum Deposit
ThinkMarkets requires no minimum deposit, while FxOpen sets a minimum deposit of $1. This makes ThinkMarkets accessible to traders with any budget.
Overall Ratings
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.
BrokerRank Verdict
Who Should Choose Which?
ThinkMarkets
3.9/5
Choose ThinkMarkets if you want…
- Higher overall rating (3.9/5)
- No minimum deposit
- More market types (6)
- More platforms (4 supported)
FxOpen
3.7/5
Choose FxOpen 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 & FxOpen are available in
Frequently Asked Questions
1Is ThinkMarkets better than FxOpen?
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.
2Which has lower fees, ThinkMarkets or FxOpen?
ThinkMarkets offers spreads from 0 pips, while FxOpen starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for ThinkMarkets vs FxOpen?
ThinkMarkets requires a minimum deposit of $0. FxOpen requires $1.
4Which broker is safer, ThinkMarkets or FxOpen?
ThinkMarkets is regulated by FCA, ASIC, while FxOpen holds licences from FCA, ASIC.
5What trading platforms do ThinkMarkets and FxOpen support?
ThinkMarkets supports MT4, MT5, Proprietary Web, Proprietary Mobile. FxOpen supports MT4, MT5, cTrader.
6Can I use both ThinkMarkets and FxOpen?
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.
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