Side-by-Side Comparison Independent Updated Apr 22, 2026

ThinkMarkets vs OANDA 2026: Which Broker is Better?

Name: ThinkMarkets vs OANDA Broker Comparison Data
Creator: BrokerRank
License: https://brokerrank.net/editorial-policy

Higher Rated

OANDA

Open Account

Capital at risk · T&Cs apply

Compare ThinkMarkets and OANDA side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

ThinkMarkets

OANDA

ThinkMarkets

3.9/ 5

Visit ThinkMarkets →Full review

Higher rated OANDA logo

OANDA

4.1/ 5

Visit OANDA →Full review

Quick Answer

OANDA is the better choice overall, scoring 4.1/5 vs 3.9/5 on BrokerRank's independent rating. On fees, ThinkMarkets offers lower spreads (0 pips).

See full side-by-side comparison below

Overall Rating

OANDA

3.9 vs 4.1

Lowest Fees

ThinkMarkets

0 vs 0.6 pips

Regulation

OANDA

2 vs 4 licences

Min. Deposit

Tied

$0 vs $0

ThinkMarkets vs OANDA: Key Differences

Feature

ThinkMarkets

OANDA

Winner

Our Rating

3.9 / 5

4.1 / 5

Min. Deposit

Max Leverage

1:500

1:50

Spread From

0 pips

0.6 pips

Commission

$3.5/lot

None

Regulated By

FCA ASIC

FCA CFTC

Platforms

MT4, MT5, Proprietary Web, Proprietary Mobile

MT4, Proprietary Web, Proprietary Mobile

Markets

Forex, Cfd, Stocks, Indices, Commodities, Crypto

Forex, Cfd, Indices, Commodities

Founded

2010

1996

Headquarters

London, UK

New York, USA

Score

1 / 4

3 / 4

Fees Comparison

Fee

ThinkMarkets

OANDA

Spread From

0 pips

0.6 pips

Commission

$3.5/lot

None

Deposit Fee

None

Withdrawal Fee

None

BrokerRank Verdict

ThinkMarkets scores 3.92/5 while OANDA scores 4.09/5 in our independent rating.

OANDA edges ahead overall, but ThinkMarkets may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.

Frequently Asked Questions

Is ThinkMarkets better than OANDA?

OANDA scores higher overall on our independent rating system. ThinkMarkets holds a 3.9/5 rating vs OANDA's 4.1/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

Which has lower fees, ThinkMarkets or OANDA?

ThinkMarkets offers spreads from 0 pips, while OANDA starts at 0.6 pips. Check the fees section above for a full breakdown.

What is the minimum deposit for ThinkMarkets vs OANDA?

ThinkMarkets requires a minimum deposit of $0. OANDA requires $0.

Which broker is safer, ThinkMarkets or OANDA?

ThinkMarkets is regulated by FCA, ASIC, while OANDA holds licences from FCA, CFTC, ASIC, MAS.

What trading platforms do ThinkMarkets and OANDA support?

ThinkMarkets supports MT4, MT5, Proprietary Web, Proprietary Mobile. OANDA supports MT4, Proprietary Web, Proprietary Mobile.

Can I use both ThinkMarkets and OANDA?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.

ThinkMarkets vs OANDA 2026: Which Broker is Better?

ThinkMarkets

OANDA

ThinkMarkets vs OANDA: Key Differences

Fees Comparison

BrokerRank Verdict

Both ThinkMarkets & OANDA are available in

Frequently Asked Questions

Is ThinkMarkets better than OANDA?

Which has lower fees, ThinkMarkets or OANDA?

What is the minimum deposit for ThinkMarkets vs OANDA?

Which broker is safer, ThinkMarkets or OANDA?

What trading platforms do ThinkMarkets and OANDA support?

Can I use both ThinkMarkets and OANDA?

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