Trading CFDs carries a high risk of losing money rapidly. Confirm this broker's current loss-rate disclosure and regulated entity before opening an account. Read the full risk disclosure.
FP Markets vs ThinkMarkets
A field-by-field comparison based on the current BrokaBoy catalogue. Check current pricing and the regulated entity on each broker's website before deciding.
Some figures on this page are taken from broker-published information and have not yet been checked against current terms. Confirm details on the broker's website.
Last updated: 4 October 2026 · Reviewed by BrokaBoy Research Team
| Field | FP Markets | ThinkMarkets |
|---|---|---|
| BrokaBoy score | 8.6/10 | 8.9/10 |
| Trustpilot rating | Trustpilot 4.8 (10,285 reviews) | Trustpilot 3.4 (520 reviews) |
| Listed minimum deposit | $100 | $0 |
| Advertised spread from | 0.0 pips | 0.0 pips |
| Advertised maximum leverage | 1:500 | Up to 1:500 (entity dependent) |
| Regulators | ASIC, CySEC, FSCA, FSA | FCA, FSCA, ASIC, CySEC, FSA |
| Platforms | MetaTrader 4, MetaTrader 5, cTrader, IRESS | MetaTrader 4, MetaTrader 5, ThinkTrader |
| Instruments | Forex, Stocks, CFDs, Crypto, Bonds | Forex, Indices, Commodities, Stocks, Crypto |
| Account types | Standard, Raw, IRESS | Standard, ThinkZero |
| Founded | 2005 | 2010 |
| Spread type | Raw ECN spreads from 0.0 pips on Raw accounts; Standard accounts use a marked-up spread. | Variable |
| Commission | Roughly $3.00 per lot per side on Raw; none on Standard. IRESS carries a monthly platform fee. | Varies by account type |
| Overnight / swap | Daily swap charges with triple rollover on Wednesdays. | Overnight swap charges apply on positions held past rollover. |
| Withdrawals | One free withdrawal per month on most methods; additional or international transfers may be charged. | Most withdrawal methods are free; third-party fees may apply. |
Key differences
- ThinkMarkets has a lower listed minimum deposit ($0 vs $100).
- ThinkMarkets has the higher BrokaBoy score (8.9/10 vs 8.6/10).
- Both brokers hold licences with ASIC, CySEC, FSCA, FSA.
- Only FP Markets lists cTrader, IRESS among its platforms.
- Only ThinkMarkets lists ThinkTrader among its platforms.
- Only FP Markets lists CFDs, Bonds among its instruments.
- Only ThinkMarkets lists Indices, Commodities among its instruments.
Which should you choose?
- Choose ThinkMarkets if a lower listed opening deposit is your priority.
- Choose FP Markets if you want the broader platform list shown in our catalogue (4 vs 3).
- Choose FP Markets if access to CFDs is essential, and confirm it is available under your entity.
- Choose ThinkMarkets if access to Indices is essential, and confirm it is available under your entity.
- Choose the broker whose regulated entity covers your country and provides the protections you need; confirm this on the regulator's register.
Frequently asked questions
Which has the lower minimum deposit, FP Markets or ThinkMarkets?+
ThinkMarkets has the lower listed minimum deposit ($0 vs $100). Confirm current terms with each broker.
Are FP Markets and ThinkMarkets regulated by the same authorities?+
They share ASIC, CySEC, FSCA, FSA. FP Markets lists ASIC, CySEC, FSCA, FSA; ThinkMarkets lists FCA, FSCA, ASIC, CySEC, FSA in our catalogue.
Which has the higher BrokaBoy score?+
ThinkMarkets scores 8.9/10 against 8.6/10. The score is calculated from advertised catalogue data and excludes Trustpilot ratings.
Do FP Markets and ThinkMarkets support the same platforms?+
Both list MetaTrader 4, MetaTrader 5. FP Markets lists more platforms overall.
