ThinkMarkets
FXTM
Our Rating
68
62
75.5% of retail investor accounts lose money when trading CFDs with this provider
77% of retail investor accounts lose money when trading CFDs with this provider

Regulations and Licenses

Feature
ThinkMarkets
FXTM
ASIC (Australia)
FCA (UK)
FSCA (South Africa)
CYSEC (Cyprus)
FSA (Seychelles)
FSC (Mauritius)
Other Regulators

Brokerage

Feature
ThinkMarkets
FXTM
EUR/USD Avg. Raw Spread
0.1
0.0
GBP/USD Avg. Raw Spread
0.3
0.0
AUD/USD Avg. Raw Spread
0.2
0.5
EUR/USD Standard Spread
1.1
1.9
EUR/USD Fixed Spreads
-
-
GBP/USD Avg. Standard Spread
1.3
2
AUD/USD Avg. Standard Spread
1.1
2
Commissions (USD Base)
$3.50
$2.00
Minimum Deposit
$0
$500
Swap Free Account
No Inactivity Fees
Funding Methods
6+
13+
No Funding Fees

Markets and Instruments

Feature
ThinkMarkets
FXTM
Currency Pairs
46+
63+
Cryptocurrency CFDs*
21+
-
Index CFDs
21+
11+
Share CFDs
1200+
180+
Commodities CFD
15+
7+
Stockbroking
-
10+
Retail Max. Leverage (Europe)
Major Pairs 30:1
Minor Pairs 20:1
30:1
Pro. Max. Leverage (Europe)
500:1
300:1
Retail Max. Leverage (UAE)
-
30:1
Pro. Max. Leverage (UAE)
-
300:1
Pro. Max. Leverage (New Zealand)
500:1
-

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

Trading Platforms + Tools

Feature
ThinkMarkets
FXTM
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account

Overall

ThinkMarkets
FXTM
Our Rating
680
620
 

Our comprehensive comparison dives into the 10 most crucial trading factors to consider when evaluating ThinkMarkets and FXTM.

  • ThinkMarkets boasts lower average standard account spreads compared to FXTM, with 1.2 pips versus 2.12 pips.
  • FXTM offers a slightly better RAW account spread on EUR/USD, but ThinkMarkets has a lower overall average RAW spread.
  • ThinkMarkets charges lower commission rates at $3.50 per side, whereas FXTM charges $4.00.
  • Unlike FXTM, ThinkMarkets does not impose any deposit or withdrawal fees, enhancing cost efficiency for traders.
  • ThinkMarkets does not charge an inactivity fee, making it more favourable for less active traders, in contrast to FXTM’s $5 monthly charge after 6 months of inactivity.