Broker Comparison

ThinkMarkets vs FP Markets: Which Is Better?

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

Quick Recommendation
FP Markets

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

Overall
FP Markets
Beginners
ThinkMarkets
Spreads
FP Markets

ThinkMarkets

TradingView and charting

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

FP Markets

Scalping and automated trading

4.3out of 5
FP Markets
Minimum Deposit
$100
Islamic Account
Available
Trading Platforms
MT4 | MT5 | cTrader | TradingView
Final Verdict

Which broker is better: ThinkMarkets or FP Markets?

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

Overall Winner
FP Markets

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

Beginners
ThinkMarkets
Spreads
FP Markets
Deposit
ThinkMarkets
Quick Summary

If you want the stronger overall choice, FP Markets looks more suitable here. For beginners, the closer choice is ThinkMarkets. For lower spreads and active trading, FP Markets looks more relevant.

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

Score Analysis

Strength Analysis Between ThinkMarkets and FP Markets

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

Best Overall: FP MarketsBeginners: ThinkMarkets

Safety & Trust

Reflects regulation strength and client fund protection.

Close
ThinkMarkets4.5 / 5
FP Markets4.5 / 5

Fees & Costs

Measures spreads, trading costs, and general fees.

Close
ThinkMarkets4.2 / 5
FP Markets4.3 / 5

Trading Platforms

Based on platform quality and available trading tools.

Close
ThinkMarkets4.5 / 5
FP Markets4.5 / 5

Deposits & Withdrawals

Focuses on funding options and withdrawal convenience.

Small Edge
ThinkMarkets4.0 / 5
FP Markets4.2 / 5

Support & Customer Service

Compares support quality and overall user experience.

Close
ThinkMarkets4.1 / 5
FP Markets4.1 / 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 ThinkMarkets and FP Markets.

Quick Summary
FP Markets

FP Markets looks stronger in terms of cost or spreads.

ThinkMarkets Accounts
3
FP Markets Accounts
2
Beginners
ThinkMarkets
Factor
ThinkMarkets
FP Markets
Main Account
Standard
Standard
Min Deposit
$50
$100
Spread
0.4 - 1.0
1.0 - 1.5
Commission
$0
$0
Execution
Market 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

FP Markets Accounts

2 available accounts

Standard
Spread
1.0 - 1.5
Commission
$0
Deposit
$100
Execution
Market Execution
Raw
Spread
0.0 - 0.3
Commission
$6 per lot
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
FP Markets

The strongest overall choice based on this comparison.

Beginners
ThinkMarkets
Costs
FP Markets
Short Decision

Choose FP Markets if you want the strongest overall option. For an easier start, the closer choice is ThinkMarkets.

FAQs

Questions About ThinkMarkets and FP Markets

Key questions before opening an account.

ThinkMarkets
FP Markets

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.

What is the real difference between FP Markets Standard and Raw accounts?

Standard uses spread-only pricing starting around 1.0 pip. Raw starts from 0.0 pips and charges approximately $6 per standard lot round turn, making it more relevant to active traders.

Is the FP Markets Raw account always cheaper than Standard?

Not always. Traders must combine the live spread and commission. Raw can be cheaper for scalping and frequent trading, while Standard may be simpler for less active strategies.

Is FP Markets a true ECN broker?

FP Markets provides raw-style pricing and liquidity-based execution commonly associated with ECN trading. However, the ECN label alone does not guarantee lower costs; spread, commission and execution quality matter more.