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FP Markets vs ThinkMarkets 2026
A detailed head-to-head comparison of FP Markets and ThinkMarkets across regulation, trading costs, platforms, and more.
Score Breakdown
Category-by-Category Winner
Detailed Comparison
Overview
Trading Costs
Platforms & Features
Instruments
FP Markets vs ThinkMarkets: Our Analysis
Overall Verdict
With an overall score of 83.4/100 vs 78.7/100, FP Markets slightly edges out ThinkMarkets by 4.7 points. Both brokers are closely matched, so your choice should come down to specific features that matter most to you.
Trading Costs
On the EUR/USD pair, FP Markets offers an average spread of 0.10 pips with a $6.00 round-turn commission, while ThinkMarkets comes in at 0.40 pips with a $7.00 commission. FP Markets offers tighter pricing on EUR/USD. Minimum deposit is $100 at FP Markets and $0 at ThinkMarkets.
Regulation & Safety
FP Markets holds 4 regulatory licenses with a highest tier of Tier 1 (ASIC, CySEC, FSCA), while ThinkMarkets has 6 licenses at Tier 1 (FCA, ASIC, CySEC). ThinkMarkets has more regulatory licenses overall.
Platform Comparison
FP Markets offers MT4, MT5, cTrader, TradingView — uniquely offering cTrader, TradingView which ThinkMarkets does not have. ThinkMarkets supports MT4, MT5, ThinkTrader, with exclusive access to ThinkTrader. FP Markets provides a wider platform selection.
Who Should Choose Which?
FP Markets suits cost-conscious traders, beginners seeking education, traders who want advanced tools, traders wanting a wide instrument range, while ThinkMarkets is better for a broad range of trading styles. Both brokers offer demo accounts, so you can test each before committing real funds.
Frequently Asked Questions
Based on our testing, FP Markets scores higher overall at 83.4/100 compared to ThinkMarkets's 78.7/100. However, "better" depends on your priorities — ThinkMarkets may be superior in specific categories like certain niche features.
FP Markets offers tighter spreads with an average EUR/USD spread of 0.10 pips, compared to 0.40 pips at ThinkMarkets. Check our detailed comparison table above for GBP/USD and USD/JPY spreads as well.
Both brokers score equally on regulation at 82/100. FP Markets is regulated by ASIC, CySEC, FSCA, while ThinkMarkets holds licenses from FCA, ASIC, CySEC.
For beginners, FP Markets is the stronger choice with an education and research score of 70/100. It offers webinars, and a free demo account. ThinkMarkets scores 68/100 for education.
Yes, there is no restriction on having accounts with both FP Markets and ThinkMarkets simultaneously. Many experienced traders maintain accounts with multiple brokers to take advantage of each broker's strengths — for example, using one for its lower spreads on majors and another for its wider instrument range or better platform features.
Reviewed by
Neil CNeil C is a financial markets analyst and forex trading specialist with over 10 years of experience evaluating broker platforms, trading conditions, and regulatory frameworks. He has personally tested accounts with dozens of brokers and brings a data-driven methodology to every review.
Last updated: April 2026