Broker Comparison

ThinkMarkets vs Plus 500: Which Is Better?

A quick comparison between ThinkMarkets and Plus 500 across rating, deposit, Islamic account, platforms, and spreads.

Quick Recommendation
ThinkMarkets

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

Overall
ThinkMarkets
Beginners
Tie
Spreads
ThinkMarkets
Best Overall

ThinkMarkets

TradingView and charting

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

Plus 500

Beginners

3.9out of 5
Plus 500
Minimum Deposit
$100
Islamic Account
Available
Trading Platforms
WebTrader | Mobile App
Final Verdict

Which broker is better: ThinkMarkets or Plus 500?

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

Overall Winner
ThinkMarkets

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

Beginners
Close
Spreads
ThinkMarkets
Deposit
ThinkMarkets
Quick Summary

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

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

Score Analysis

Strength Analysis Between ThinkMarkets and Plus 500

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

Best Overall: ThinkMarketsBeginners: Very Close

Safety & Trust

Reflects regulation strength and client fund protection.

Small Edge
ThinkMarkets4.5 / 5
Plus 5004.3 / 5

Fees & Costs

Measures spreads, trading costs, and general fees.

Small Edge
ThinkMarkets4.2 / 5
Plus 5003.8 / 5

Trading Platforms

Based on platform quality and available trading tools.

Better: ThinkMarkets
ThinkMarkets4.5 / 5
Plus 5003.7 / 5

Deposits & Withdrawals

Focuses on funding options and withdrawal convenience.

Close
ThinkMarkets4.0 / 5
Plus 5004.0 / 5

Support & Customer Service

Compares support quality and overall user experience.

Small Edge
ThinkMarkets4.1 / 5
Plus 5003.9 / 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 Plus 500.

Quick Summary
ThinkMarkets

ThinkMarkets looks stronger in terms of cost or spreads.

ThinkMarkets Accounts
3
Plus 500 Accounts
1
Beginners
Very Close
Factor
ThinkMarkets
Plus 500
Main Account
Standard
Standard
Min Deposit
$50
$100
Spread
0.4 - 1.0
0.6 - 1.2
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

Plus 500 Accounts

1 available account

Standard
Spread
0.6 - 1.2
Commission
$0
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
ThinkMarkets

The strongest overall choice based on this comparison.

Beginners
Both Suitable
Costs
ThinkMarkets
Short Decision

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

FAQs

Questions About ThinkMarkets and Plus 500

Key questions before opening an account.

ThinkMarkets
Plus 500

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.

How competitive are Plus500 spreads compared to other CFD brokers?

Plus500 typically offers spreads between 0.6 to 1.2 pips on major forex pairs. While competitive for a commission-free broker, spreads may be higher compared to ECN brokers that offer raw pricing.

Does Plus500 charge commissions or is everything included in the spread?

Plus500 uses a spread-based pricing model, meaning there are no separate commissions on trades. All trading costs are built into the spread, making pricing simple but sometimes less transparent.

What is the minimum deposit required to open a Plus500 account?

The minimum deposit at Plus500 starts from $100, which is standard for regulated CFD brokers and higher than entry-level platforms.