ThinkMarkets vs Spreadex 2026: Which Broker is Better?
Choosing between ThinkMarkets and Spreadex depends on your trading style, preferred markets, and budget. ThinkMarkets is headquartered in London, UK, while Spreadex operates from St Albans, UK. Spreadex has the longer track record, established in 1999, 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
Spreadex
| ThinkMarkets | Spreadex | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.4/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips ✓ | 0.6 pips |
| Max Leverage | 1:500 ✓ | 1:200 |
| Regulation | FCA, ASIC ✓ | FCA |
| Platforms | MT4, MT5, Proprietary Web | Proprietary Web, Proprietary Mobile |
ThinkMarkets is the better choice overall, scoring 3.9/5 vs 3.4/5 on BrokerRank's independent rating. On fees, ThinkMarkets offers lower spreads (0 pips).
See full side-by-side comparison belowThinkMarkets vs Spreadex: Key Differences
ThinkMarkets
WinnerSpreadex
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Fees Comparison
ThinkMarkets
Spreadex
Regulation & Trust
ThinkMarkets holds licences from FCA, ASIC. Spreadex is regulated by FCA.
Markets & Assets
Both brokers offer access to Forex, Cfd, Stocks, Indices, Commodities markets.
Fees & Spreads
On spreads, ThinkMarkets is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at Spreadex.
Trading Platforms
ThinkMarkets supports MT4, MT5, Proprietary Web, Proprietary Mobile. Spreadex offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Minimum Deposit
ThinkMarkets requires no minimum deposit, while Spreadex sets no minimum deposit. This makes ThinkMarkets accessible to traders with any budget.
Overall Ratings
BrokerRank scores ThinkMarkets at 3.92/5 and Spreadex at 3.35/5, 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)
- Tighter spreads (from 0 pips)
- Higher leverage (up to 1:500)
- More regulatory licences (2)
Spreadex
3.4/5
Choose Spreadex if you want…
- No per-trade commission
- More established (est. 1999)
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 & Spreadex are available in
Frequently Asked Questions
1Is ThinkMarkets better than Spreadex?
ThinkMarkets scores higher overall on our independent rating system. ThinkMarkets holds a 3.9/5 rating vs Spreadex's 3.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, ThinkMarkets or Spreadex?
ThinkMarkets offers spreads from 0 pips, while Spreadex starts at 0.6 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for ThinkMarkets vs Spreadex?
ThinkMarkets requires a minimum deposit of $0. Spreadex requires $0.
4Which broker is safer, ThinkMarkets or Spreadex?
ThinkMarkets is regulated by FCA, ASIC, while Spreadex holds licences from FCA.
5What trading platforms do ThinkMarkets and Spreadex support?
ThinkMarkets supports MT4, MT5, Proprietary Web, Proprietary Mobile. Spreadex supports Proprietary Web, Proprietary Mobile.
6Can I use both ThinkMarkets and Spreadex?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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