ThinkMarkets vs OANDA 2026: Which Broker is Better?
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 | OANDA | |
|---|---|---|
| BrokerRank Score | 3.9/5 | 4.3/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips ✓ | 0.6 pips |
| Max Leverage | 1:500 ✓ | 1:50 |
| Regulation | FCA, ASIC | CFTC, FCA, ASIC ✓ |
| Platforms | MT4, MT5, Proprietary Web | MT4, Proprietary Web, Proprietary Mobile |
OANDA is the better choice overall, scoring 4.3/5 vs 3.9/5 on BrokerRank's independent rating. On fees, ThinkMarkets offers lower spreads (0 pips).
See full side-by-side comparison belowThinkMarkets vs OANDA: Key Differences
ThinkMarkets
OANDA
WinnerStill deciding between ThinkMarkets and OANDA?
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Fees Comparison
ThinkMarkets
OANDA
BrokerRank Verdict
ThinkMarkets scores 3.92/5 while OANDA scores 4.34/5 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.
Who Should Choose Which?
ThinkMarkets
3.9/5
Choose ThinkMarkets if you want…
- Tighter spreads (from 0 pips)
- Higher leverage (up to 1:500)
- More market types (6)
- More platforms (4 supported)
OANDA
4.3/5
Choose OANDA if you want…
- Higher overall rating (4.3/5)
- No per-trade commission
- More regulatory licences (7)
- More established (est. 1996)
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 & OANDA are available in
Frequently Asked Questions
1Is ThinkMarkets better than OANDA?
OANDA scores higher overall on our independent rating system. ThinkMarkets holds a 3.9/5 rating vs OANDA's 4.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, ThinkMarkets or OANDA?
ThinkMarkets offers spreads from 0 pips, while OANDA starts at 0.6 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for ThinkMarkets vs OANDA?
ThinkMarkets requires a minimum deposit of $0. OANDA requires $0.
4Which broker is safer, ThinkMarkets or OANDA?
ThinkMarkets is regulated by FCA, ASIC, while OANDA holds licences from CFTC, FCA, ASIC, MAS, CIRO, BVI FSC, KNF.
5What trading platforms do ThinkMarkets and OANDA support?
ThinkMarkets supports MT4, MT5, Proprietary Web, Proprietary Mobile. OANDA supports MT4, Proprietary Web, Proprietary Mobile.
6Can 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.
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BrokerRank Research
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across our broker database
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
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