Broker Comparison

HFM vs ThinkMarkets: Which Is Better?

A quick comparison between HFM and ThinkMarkets across rating, deposit, Islamic account, platforms, and spreads.

Quick Recommendation
HFM

Best overall based on rating, usability, fees, and account access.

Overall
HFM
Beginners
Tie
Spreads
HFM
Best Overall

HFM

Low-cost forex trading

4.3out of 5
HFM
Minimum Deposit
$5
Islamic Account
Available
Trading Platforms
MT4 | MT5 | HFM Platform | WebTrader

ThinkMarkets

TradingView and charting

4.3out of 5
ThinkMarkets
Minimum Deposit
$10
Islamic Account
Available
Trading Platforms
ThinkTrader | MT4 | MT5 | TradingView
Final Verdict

Which broker is better: HFM or ThinkMarkets?

A quick summary to help you choose the better broker based on your goal.

Overall Winner
HFM

Best balance between rating, fees, trust, and usability.

Beginners
Close
Spreads
HFM
Deposit
HFM
Quick Summary

If you want the stronger overall choice, HFM looks more suitable here. For beginners, the closer choice is both brokers. For lower spreads and active trading, HFM looks more relevant.

Account opening is completed through the broker’s official website.

Score Analysis

Strength Analysis Between HFM and ThinkMarkets

A visual summary showing where each broker performs better in safety, fees, platforms, deposits and withdrawals, and support.

Best Overall: HFMBeginners: Very Close

Safety & Trust

Reflects regulation strength and client fund protection.

Close
HFM4.3 / 5
ThinkMarkets4.5 / 5

Fees & Costs

Measures spreads, trading costs, and general fees.

Close
HFM4.3 / 5
ThinkMarkets4.2 / 5

Trading Platforms

Based on platform quality and available trading tools.

Close
HFM4.4 / 5
ThinkMarkets4.5 / 5

Deposits & Withdrawals

Focuses on funding options and withdrawal convenience.

Small Edge
HFM4.3 / 5
ThinkMarkets4.0 / 5

Support & Customer Service

Compares support quality and overall user experience.

Close
HFM4.2 / 5
ThinkMarkets4.1 / 5

These scores help you understand where each broker performs better depending on your priority: safety, costs, platforms, deposits and withdrawals, or support.

Accounts & Trading Costs

Account and Fee Comparison

A quick summary of the main cost factors between HFM and ThinkMarkets.

Quick Summary
HFM

HFM looks stronger in terms of cost or spreads.

HFM Accounts
4
ThinkMarkets Accounts
3
Beginners
Very Close
Factor
HFM
ThinkMarkets
Main Account
Cent
Standard
Min Deposit
No minimum deposit
$50
Spread
1.4 - 1.8
0.4 - 1.0
Commission
$0
$0
Execution
Market Execution
Market Execution

HFM Accounts

4 available accounts

Cent
Spread
1.4 - 1.8
Commission
$0
Deposit
No minimum deposit
Execution
Market Execution
Premium
Spread
1.4 - 1.8
Commission
$0
Deposit
No minimum deposit
Execution
Market Execution
Pro
Spread
0.6 - 1.0
Commission
$0
Deposit
$100
Execution
Market Execution
Zero
Spread
0.0 - 0.3
Commission
From $6 per lot
Deposit
$25
Execution
Market Execution

ThinkMarkets Accounts

3 available accounts

Standard
Spread
0.4 - 1.0
Commission
$0
Deposit
$50
Execution
Market Execution
ThinkTrader
Spread
0.4 - 1.0
Commission
$0
Deposit
$10
Execution
Market Execution
ThinkZero
Spread
0.0 - 0.3
Commission
$7 per lot round turn
Deposit
$100
Execution
Market Execution

Start with the broker that fits you best

After reviewing accounts and costs, choose the broker that better matches your trading style.

The most important factor is not only the number of accounts, but choosing the account that fits your needs in terms of spread, commission, minimum deposit, and execution method.

Quick Decision

Which Broker Should You Choose Now?

A practical summary to choose the better broker based on your goal.

Overall Recommendation
HFM

The strongest overall choice based on this comparison.

Beginners
Both Suitable
Costs
HFM
Short Decision

Choose HFM if you want the strongest overall option. For an easier start, the closer choice is both brokers.

FAQs

Questions About HFM and ThinkMarkets

Key questions before opening an account.

HFM
ThinkMarkets

What is the real difference between HFM Cent, Premium, Pro and Zero accounts?

Cent and Premium use commission-free pricing, while Pro offers lower spread-based pricing for experienced traders. Zero provides spreads from 0.0 pips with a separate commission and is generally better suited to scalpers and active traders.

Is the HFM Zero commission $3 or $6 per lot?

The commission starts at about $3 per side, which is approximately $6 for opening and closing one standard lot. The final charge can vary by instrument and account entity.

Does the HFM Zero account always provide a 0.0-pip spread?

No. A spread from 0.0 pips is a minimum quote, not a permanent spread. Live pricing is variable and can widen during news releases, volatile markets or periods of lower liquidity.

What is the difference between ThinkMarkets Standard, ThinkTrader and ThinkZero?

Standard provides commission-free pricing on MT4 and MT5. ThinkTrader is linked to the broker’s proprietary platform and TradingView experience, while ThinkZero offers spreads from 0.0 pips with an approximately $7 round-turn commission.

Is ThinkTrader an account type or a trading platform?

ThinkTrader is ThinkMarkets’ proprietary platform, but the broker also provides an account setup linked to that platform with its own deposit and pricing conditions. It therefore appears as both a platform and account option.

Does ThinkMarkets offer direct TradingView trading or only charts?

ThinkMarkets provides supported TradingView access that can combine chart analysis with order execution. Available instruments and account eligibility may vary by region.