
Trading Account Comparison: FP Markets Rawvs ThinkMarkets Standard
Explore differences in spreads, commissions, deposits and trading conditions, alongside a detailed review of each account's advantages and limitations.


Standard
What Makes FP Markets Raw Different from ThinkMarkets Standard?
Before comparing the numbers, it is important to understand the purpose of each account and the conditions that may make it suitable for different traders.
FP Markets Raw
The FP Markets Raw account is the broker’s low-spread option and is categorized by Broker Alarab for scalpers and active traders. According to our data, spreads range from 0.0–0.3 pips with a recorded average of 0.1 pip, commission is $6 per lot, the minimum deposit is $100 and orders use Market Execution. Raw differs from Standard primarily in how trading costs are divided between spreads and commission.
ThinkMarkets Standard
The ThinkMarkets Standard account is the standard option categorized by Broker Alarab for MT4 and MT5 traders. Its listed spreads range from 0.4–1.0 pips with a recorded average of 0.7 pips, there is no separate trading commission, the minimum deposit is $50 and orders use Market Execution. It provides a different pricing choice from the low-spread ThinkZero account and differs from ThinkTrader in its target users and deposit requirement.
Compare Trading Accounts, Spreads, Commissions and Platforms
Review spreads, commissions, minimum deposits, trading platforms, execution methods and broker-level regulatory information.
01 — Basic Account Information
Compare the broker, account name, account classification and regulatory information.
Broker
Account Name
Account Type
Broker Regulatory Licenses
Broker-level regulatory information. Verify which legal entity serves your country.
02 — Spreads and Trading Costs
Compare the recorded trading costs without assuming undocumented pricing.
Advertised Spread Range
Minimum Recorded Spread
Based on the available account information.
Average Recorded Spread
Advertised Commission
03 — Deposits and Execution
Review account funding requirements and order execution characteristics.
Minimum Deposit
Order Execution Method
Trading Platforms
Available platforms may differ by account type.
04 — Account Features and Conditions
Review relevant account characteristics and trading suitability.
Scalping Suitability
An internal classification, not a guarantee of suitability.
05 — Broker Information and Regulation
Broker-level information does not guarantee that every license applies to the selected account.
Listed Regulatory Licenses
Broker Maximum Leverage
Actual leverage may depend on the account, jurisdiction and legal entity.
Open a Trading Account
Information is based on records available to Broker Alarab. Trading conditions may vary by account, country and legal entity.
| Comparison Criteria | FP Markets Raw | ThinkMarkets Standard |
|---|---|---|
01 — Basic Account Information Compare the broker, account name, account classification and regulatory information. | ||
| Broker | FP Markets | ThinkMarkets |
| Account Name | Raw | Standard |
| Account Type | raw | standard |
| Broker Regulatory Licenses Broker-level regulatory information. Verify which legal entity serves your country. | ASIC | CySEC | FSCA | FSA | FSC | CMA | FCA | ASIC | CySEC | FSCA | FSA |
02 — Spreads and Trading Costs Compare the recorded trading costs without assuming undocumented pricing. | ||
| Advertised Spread Range | 0.0 - 0.3 | 0.4 - 1.0 |
| Minimum Recorded Spread Based on the available account information. | 0 | 0.4 |
| Average Recorded Spread | 0.1 | 0.7 |
| Advertised Commission | Not specified | $0 |
03 — Deposits and Execution Review account funding requirements and order execution characteristics. | ||
| Minimum Deposit | $100 | $50 |
| Order Execution Method | Market Execution | Market Execution |
| Trading Platforms Available platforms may differ by account type. | MT4 | MT5 | cTrader | TradingView | ThinkTrader | MT4 | MT5 | TradingView |
04 — Account Features and Conditions Review relevant account characteristics and trading suitability. | ||
| Scalping Suitability An internal classification, not a guarantee of suitability. | Classified as suitable for scalping | Not classified in this category |
05 — Broker Information and Regulation Broker-level information does not guarantee that every license applies to the selected account. | ||
| Listed Regulatory Licenses | ASIC | CySEC | FSCA | FSA | FSC | CMA | FCA | ASIC | CySEC | FSCA | FSA |
| Broker Maximum Leverage Actual leverage may depend on the account, jurisdiction and legal entity. | 1:500 | 1:500 |
| Open a Trading Account | Open Account ↗ | Open Account ↗ |
Broker Alarab's Assessment of Both Accounts
We review each account independently, highlighting strengths, limitations and the types of traders it may suit, without declaring an unsupported winner.

FP Markets
Raw

ThinkMarkets
Standard
Broker Alarab's Assessment
We see FP Markets Raw as particularly relevant to traders prioritizing tight spreads, with its listed 0.0–0.3 pip range and 0.1-pip recorded average. However, the $6 per-lot commission is an essential cost component and should not be ignored. Evaluating Raw, especially against Standard, should therefore focus on expected total cost and trading volume rather than the spread figure alone.
Broker Alarab's Assessment
We see ThinkMarkets Standard as a clear option for MT4 or MT5 users who prefer pricing without a separate trading commission. Its listed spread range is 0.4–1.0 pips with a 0.7-pip recorded average and a $50 minimum deposit. Traders primarily seeking tighter spreads should compare it with ThinkZero, while ThinkTrader and TradingView users have a separately categorized account.
Account Advantages
- ✓Listed spreads range from 0.0–0.3 pips according to Broker Alarab data
- ✓Recorded average spread is 0.1 pip
- ✓Tighter listed spread range than the Standard account
- ✓Categorized for scalpers and active traders
- ✓The $100 minimum deposit is the same as Standard
Account Advantages
- ✓No separate trading commission according to Broker Alarab data
- ✓Listed spreads of 0.4–1.0 pips with a 0.7-pip recorded average
- ✓Categorized for MT4 and MT5 traders
- ✓Minimum deposit is $50
- ✓Simpler pricing model than ThinkZero for users who prefer no separate commission
Disadvantages and Considerations
- !A $6 per-lot trading commission applies according to our data
- !A spread starting at 0.0 does not mean trading cost is zero
- !Higher total trading volume increases the cumulative impact of commission
- !Traders should compare both spread and commission with Standard rather than relying on the minimum spread alone
Disadvantages and Considerations
- !The listed spread range is wider than ThinkZero
- !The minimum deposit is higher than ThinkTrader
- !No separate commission does not mean trading cost is zero
- !Users prioritizing ThinkTrader or TradingView have another account categorized specifically for that use
Who Is This Account Suitable For?
- •Scalpers according to Broker Alarab account categorization
- •Active traders who prioritize tight spreads
- •Users who prefer a pricing model that separates commission from the spread
- •Traders comparing Raw with Standard who can evaluate total cost based on their trading volume
Who Is This Account Suitable For?
- •MT4 traders according to Broker Alarab account categorization
- •MT5 traders according to Broker Alarab account categorization
- •Users who prefer trading without a separate commission
- •Traders who prefer Standard over the low-spread commission-based ThinkZero model
Detailed Account Analysis
Does the FP Markets Raw Spread Start From 0.0 Pips?
Yes. The recorded minimum spread for FP Markets Raw is 0.0 pips, while the full listed range is 0.0–0.3 pips and the recorded average is 0.1 pip according to Broker Alarab data. The 0.0 figure does not mean trading is cost-free, however, because the account carries a $6 per-lot commission. Spread figures should therefore be read together with commission when evaluating costs.
FP Markets Raw vs Standard: Tighter Spreads or No Commission?
Raw and Standard use different pricing models. Raw has listed spreads of 0.0–0.3 pips with a $6 per-lot commission, while Standard has 1.0–1.5 pip spreads without a separate commission. Both accounts have a $100 minimum deposit. The comparison therefore centers on whether tighter spreads plus commission are more suitable for the trader’s expected volume and frequency than wider spreads without a separate commission.
Why Does Trading Volume Matter for FP Markets Raw Commission?
The recorded Raw commission is $6 per lot, making total traded lots an important factor when estimating costs. As cumulative trading volume increases, the commission component has a larger impact on total transaction costs. This is particularly relevant because the account is categorized for scalpers and active traders, trading styles that may involve greater transaction frequency than less active approaches.
Detailed Account Analysis
ThinkMarkets Standard vs ThinkZero: What Is the Pricing Difference?
Standard has listed spreads of 0.4–1.0 pips with a 0.7-pip recorded average and no separate commission, while ThinkZero has 0.0–0.3 pip spreads with a 0.1-pip recorded average and a $7 per-lot round-turn commission. The minimum deposit is $50 on Standard compared with $100 on ThinkZero. The key trade-off is therefore spread-only pricing versus tighter spreads with a separate commission.
ThinkMarkets Standard vs ThinkTrader
The accounts share the same core spread and commission figures in our data: both have listed 0.4–1.0 pip spreads and a $0 separate commission. Standard is categorized for MT4 and MT5 users with a $50 minimum deposit, while ThinkTrader is categorized for ThinkTrader and TradingView users and starts from $10. Platform preference is therefore an important distinction between them.
How Should Traders Read the ThinkMarkets Standard Spread?
The recorded minimum is 0.4 pips, but the full Broker Alarab range is 0.4–1.0 pips with a 0.7-pip recorded average. The 0.4-pip figure should therefore not be interpreted as a fixed spread. With a $0 separate commission, the spread becomes particularly important when evaluating the account pricing structure.
Important details about the FP Markets Raw account
Commission is $6 per lot
This commission is a core component of the Raw pricing model according to Broker Alarab data and should be evaluated alongside the spread when comparing Raw with Standard.
0.0 pips is the start of the spread range, not zero cost
The listed spread ranges from 0.0–0.3 pips with a 0.1-pip recorded average, but the separate commission means trading cost is not zero even when the spread reaches 0.0.
The minimum deposit is $100
Raw and Standard have the same recorded $100 minimum deposit. This figure represents an account requirement rather than a recommendation for appropriate trading capital.
Important details about the ThinkMarkets Standard account
Standard is categorized for MT4 and MT5 users
This is the account use recorded in Broker Alarab data, while ThinkTrader has a separate account categorized for ThinkTrader and TradingView users.
$0 commission does not mean zero cost
There is no separate trading commission, but the listed 0.4–1.0 pip spread remains part of trading cost.
The minimum deposit is $50
This is the account requirement recorded in our data and is not a recommendation that $50 represents appropriate trading capital or risk management.
How to Choose the Right Trading Account
Numbers alone are not enough. Account suitability depends on your trading strategy, capital, financial instruments and the conditions applicable to you.
Compare Spreads and Commissions Together
The recorded spread for FP Markets Raw is 0.0 - 0.3, while ThinkMarkets Standard shows 0.4 - 1.0. Evaluating overall trading costs also requires checking commission rates, pricing units, instruments and position sizes.
Review Minimum Deposit Requirements
The recorded minimum deposit for FP Markets Raw is $100, compared with $50 for ThinkMarkets Standard. A lower deposit requirement may provide more flexibility, but it does not automatically make an account better.
Compare Trading Platforms and Execution
Check which trading platforms each broker actually offers for the selected account, including MetaTrader 4 or MetaTrader 5 where supported. Also review execution policies and potential slippage. Availability and conditions may vary by account and country.
Verify Regulation and Eligibility
Confirm the legal entity that will serve your account, the regulatory framework applicable to that entity, and whether the selected account is available in your country.
FAQs About FP Markets Raw vs ThinkMarkets Standard
Answers to common questions about account comparisons, trading costs and account conditions.
What is the difference between FP Markets Raw and ThinkMarkets Standard?+
Is the account with the lowest spread always better?+
Can I compare two accounts from the same broker?+
How can I verify the trading conditions?+
What is the FP Markets Raw account?+
What is the FP Markets Raw spread?+
What is the FP Markets Raw commission and minimum deposit?+
What is the difference between FP Markets Raw and Standard?+
What is the ThinkMarkets Standard account?+
What are the ThinkMarkets Standard spread and commission?+
Explore Both Trading Accounts in Detail
Review the full account information, compare trading conditions and verify the broker's requirements before opening an account.
