Account One01
Elite
Advertised Spread
0.0
Commission
Not specified
Minimum Deposit
$100
Detailed Trading Account Comparison
Trading Account Comparison: FxPro Elitevs ThinkMarkets Standard
Explore differences in spreads, commissions, deposits and trading conditions, alongside a detailed review of each account's advantages and limitations.
Account Two02
Standard
Advertised Spread
0.4 - 1.0
Commission
$0
Minimum Deposit
$50
ACCOUNT OVERVIEW
What Makes FxPro Elite 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.
FxPro Elite
The FxPro Elite account is one of the broker’s commission-based, tight-spread account options. According to Broker Alarab data, the listed spread is 0.0 pips, commission is $7 per lot, the minimum deposit is $100 and orders use Market Execution. We categorize Elite for general traders, making direct comparisons with Raw+ and Standard useful for understanding its pricing structure.
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.
SIDE-BY-SIDE COMPARISON
Compare Trading Accounts, Spreads, Commissions and Platforms
Review spreads, commissions, minimum deposits, trading platforms, execution methods and broker-level regulatory information.
FxPro
Elite
ThinkMarkets
Standard
01 — Basic Account Information
Compare the broker, account name, account classification and regulatory information.
Broker
FxPro
FxPro
ThinkMarkets
ThinkMarkets
Account Name
FxPro
Elite
ThinkMarkets
Standard
Account Type
FxPro
raw
ThinkMarkets
standard
Broker Regulatory Licenses
Broker-level regulatory information. Verify which legal entity serves your country.
FxPro
FCA | CySEC | SCB | FSCA
ThinkMarkets
FCA | ASIC | CySEC | FSCA | FSA
02 — Spreads and Trading Costs
Compare the recorded trading costs without assuming undocumented pricing.
Advertised Spread Range
FxPro
0.0
ThinkMarkets
0.4 - 1.0
Minimum Recorded Spread
Based on the available account information.
FxPro
0
ThinkMarkets
0.4
Average Recorded Spread
FxPro
0.1
ThinkMarkets
0.7
Advertised Commission
FxPro
Not specified
ThinkMarkets
$0
03 — Deposits and Execution
Review account funding requirements and order execution characteristics.
Minimum Deposit
FxPro
$100
ThinkMarkets
$50
Order Execution Method
FxPro
Market Execution
ThinkMarkets
Market Execution
Trading Platforms
Available platforms may differ by account type.
FxPro
MT4 | MT5 | cTrader | TradingView
ThinkMarkets
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.
FxPro
Not classified in this category
ThinkMarkets
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
FxPro
FCA | CySEC | SCB | FSCA
ThinkMarkets
FCA | ASIC | CySEC | FSCA | FSA
Broker Maximum Leverage
Actual leverage may depend on the account, jurisdiction and legal entity.
FxPro
1:400
ThinkMarkets
1:500
Open a Trading Account
FxPro
Open Account ↗ThinkMarkets
Open Account ↗Information is based on records available to Broker Alarab. Trading conditions may vary by account, country and legal entity.
| Comparison Criteria | FxPro Elite | ThinkMarkets Standard |
|---|---|---|
01 — Basic Account Information Compare the broker, account name, account classification and regulatory information. | ||
| Broker | FxPro | ThinkMarkets |
| Account Name | Elite | Standard |
| Account Type | raw | standard |
| Broker Regulatory Licenses Broker-level regulatory information. Verify which legal entity serves your country. | FCA | CySEC | SCB | FSCA | FCA | ASIC | CySEC | FSCA | FSA |
02 — Spreads and Trading Costs Compare the recorded trading costs without assuming undocumented pricing. | ||
| Advertised Spread Range | 0.0 | 0.4 - 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. | Not classified in this category | 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 | FCA | CySEC | SCB | FSCA | FCA | ASIC | CySEC | FSCA | FSA |
| Broker Maximum Leverage Actual leverage may depend on the account, jurisdiction and legal entity. | 1:400 | 1:500 |
| Open a Trading Account | Open Account ↗ | Open Account ↗ |
Information is presented as recorded by Broker Alarab. Spread and commission figures should not be treated as directly comparable without verifying the instrument, pricing units and fee structure.
EXPERT ANALYSIS
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.
FxPro
Elite
ThinkMarkets
Standard
Broker Alarab's Assessment
We see FxPro Elite as an account that should be evaluated using complete trading cost rather than the spread figure alone. Our data lists a 0.0 pip spread with a $7-per-lot commission, making commission an essential pricing component. Since its minimum deposit matches the other FxPro accounts in our data, comparisons with Raw+ and Standard matter more than the entry requirement itself.
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 spread is 0.0 pips according to Broker Alarab data
- ✓Clearly defined commission of $7 per lot
- ✓Minimum deposit is $100 in our data
- ✓Categorized for general traders within our account data
- ✓Provides a pricing structure clearly different from the commission-free Standard account
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
- !Carries a separate $7-per-lot commission
- !A 0.0 spread does not mean trading is cost-free
- !Cumulative commission becomes increasingly important as total traded lots rise
- !The account requires direct comparison with Raw+ because their commission and deposit requirements are similar
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?
- •Traders researching the FxPro Elite account and its effective costs
- •Users who place high importance on tight spreads and accept a separate commission
- •Traders comparing Elite with Raw+ before choosing an FxPro account
- •Users who evaluate trading cost using both commission and spread rather than focusing on one component
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
What Does a 0.0 Spread Mean on the FxPro Elite Account?
Broker Alarab data lists a 0.0 pip spread for Elite, but this figure does not mean the transaction cost is zero. The account carries a $7-per-lot commission, so commission needs to be included in any effective cost calculation. This is particularly important for traders searching for the FxPro Elite spread because the spread figure alone does not provide a complete view of pricing. Lot size and transaction frequency determine how strongly commission affects total costs.
FxPro Elite vs Raw+: What Is the Difference?
According to Broker Alarab data, Elite and Raw+ both carry a $7-per-lot commission, a $100 minimum deposit and Market Execution. Raw+ has a listed 0.0–0.3 pip spread range, while Elite has a listed spread of 0.0. The accounts therefore share several pricing characteristics, but each should be evaluated using its own data rather than assuming that matching commissions automatically mean identical costs or use cases.
FxPro Elite vs Standard: Tight Spread or No Commission?
Comparing Elite with Standard makes the pricing difference clearer. Elite has a listed 0.0 pip spread with a $7-per-lot commission, while Standard uses 1.2–1.5 pip spreads without a separate commission. Both start at $100 in our data. Traders are therefore comparing a commission-based tight-spread model with an account that places more of its cost within the spread. The effective result depends on trading volume and transaction frequency.
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 FxPro Elite account
The listed Elite spread is 0.0 pips
This is the value stored in Broker Alarab account data, but it does not mean zero trading cost because the account carries a separate commission.
Elite commission is $7 per lot in our data
Commission should be included in total cost calculations, particularly at larger trading volumes or as the total number of executed lots increases.
The minimum deposit is $100
This is the account requirement listed in Broker Alarab data and is not a recommendation for suitable trading capital or risk.
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.
DECISION GUIDE
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.
01
Compare Spreads and Commissions Together
The recorded spread for FxPro Elite is 0.0, while ThinkMarkets Standard shows 0.4 - 1.0. Evaluating overall trading costs also requires checking commission rates, pricing units, instruments and position sizes.
02
Review Minimum Deposit Requirements
The recorded minimum deposit for FxPro Elite 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.
03
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.
04
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.
FREQUENTLY ASKED QUESTIONS
FAQs About FxPro Elite vs ThinkMarkets Standard
Answers to common questions about account comparisons, trading costs and account conditions.
What is the difference between FxPro Elite and ThinkMarkets Standard?+
The recorded spread for FxPro Elite is 0.0, compared with 0.4 - 1.0 for ThinkMarkets Standard. The advertised commissions are Not specified and $0, respectively. You should also consider execution conditions, deposit requirements and account availability.
Is the account with the lowest spread always better?+
Not necessarily. Trading costs should be evaluated using both spreads and commissions, while considering the financial instrument, position size and execution conditions.
Can I compare two accounts from the same broker?+
Yes. Broker Alarab allows traders to compare accounts from the same broker or from different brokers.
How can I verify the trading conditions?+
Review the broker's official account specifications, applicable legal entity and trading conditions. Spreads, commissions and leverage may vary by instrument, account and jurisdiction.
What is the FxPro Elite account?+
The FxPro Elite account is one of the broker’s tight-spread, commission-based account options. According to Broker Alarab data, the listed spread is 0.0 pips, commission is $7 per lot, the minimum deposit is $100 and orders use Market Execution. We categorize the account for general traders.
What is the FxPro Elite spread and commission?+
According to Broker Alarab data, the listed FxPro Elite spread is 0.0 pips and commission is $7 per lot. A 0.0 spread does not mean trading is free because commission remains a direct transaction cost. Elite should therefore be evaluated using both commission and spread rather than the spread figure alone.
What is the FxPro Elite minimum deposit?+
The FxPro Elite minimum deposit listed in Broker Alarab data is $100. This matches the minimum stored for the other FxPro accounts in our table. The figure represents an account requirement in our database rather than a recommendation for suitable trading capital, position size or risk.
What is the difference between FxPro Elite and Raw+?+
According to our data, both accounts carry a $7-per-lot commission, a $100 minimum deposit and Market Execution. Raw+ has a listed 0.0–0.3 pip spread range, while Elite has a listed spread of 0.0. The accounts therefore share several characteristics but should still be evaluated using their individual pricing data and structure.
What is the ThinkMarkets Standard account?+
ThinkMarkets Standard is categorized by Broker Alarab for MT4 and MT5 traders. According to our data, spreads range from 0.4–1.0 pips with a recorded average of 0.7 pips, the separate commission is $0, the minimum deposit is $50 and orders use Market Execution.
What are the ThinkMarkets Standard spread and commission?+
The listed spread ranges from 0.4–1.0 pips with a 0.7-pip recorded average, while the separate commission is $0. There is therefore no separate trading commission in Broker Alarab data, although the spread remains a component of trading cost.
Explore Both Trading Accounts in Detail
Review the full account information, compare trading conditions and verify the broker's requirements before opening an account.