Compare ThinkMarkets Vs FBS: Which is the Better Forex Broker in 2024?
ThinkMarkets Vs FBS, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between ThinkMarkets Vs FBS, here is the direct comparison:
Feature | ThinkMarkets | FBS |
General Rating |
2.87/5 |
3.64/5 |
|
Score | 73 | 84 | |
Trustpilot |
4.3/5 79 users |
3.7/5 565 users |
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💼 Regulation | |||
❗Info | |||
⌛ Established | 2010 | 2009 | |
💲 Min Deposit | $0 | $5 | |
⚖ Max Leverage | 1:500 | 1:3000 | |
🔢 Spread | Variable | Variable | |
💸 Commissions | $3.50 | from $0 | |
💡 Min Position | 0.01 lot | 0.01 lot |
💳 Payment | Crypto, BPAY, Credit/debit cards, Ethereum, Neteller, PayPal, Skrill, Tether (USDT), Wire transfer and Perfect money | Credit/debit cards, FasaPay, Local bank transfer, Neteller, Perfect Money, Skrill, UnionPay and Wire transfer | |
🏢 Office(s) |
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🧩 Demo Account | |||
📁 Segregated Account | |||
🕋 Islamic Account | |||
👨💻 PAMM Account | |||
📈 Managed Account | |||
LAMM Account | |||
MAM Account |
💱 Hedging | |||
🇺🇸 US traders | |||
📫 Requires sending documents via postal mail | |||
🕛 Swaps | |||
☎️ Trading by telephone |
🏆 Trading contests | |||
⚡ Automated trading | |||
💰 Bonus offers | |||
📖 Free education | |||
👔 Affiliate program |
1️⃣ One-click trading | |||
⏱ Trailing stop | |||
⏳ Pending orders |
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🗣 Website Languages | Arabic, Chinese, Czech, English, German, Greek, Indonesian, Italian, Malay, Polish, Portuguese, Spanish, Thai, Vietnamese | Arabic, Bengali/Bangla, Burmese, Chinese, English, French, German, Indonesian, Italian, Japanese, Korean, Laothian, Malay, Portuguese, Spanish, Thai, Turkish, Urdu, Vietnamese |
🚪 Trade Now | Open ThinkMarkets | Open FBS |
Testimonials
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ThinkMarkets: I've been trading there for the last six months. A...
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ThinkMarkets: Very high and frequent slippage at us30 and nas100, us30...
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ThinkMarkets: I've trade with Thinkmarkets for a year now. So far...
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ThinkMarkets: Thank you my friend recommend me ThinkMarkets. Their customer service...
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ThinkMarkets: No negative experience with Thinkmarkets. Funding process are easy, the...
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ThinkMarkets: I've been trading there for the last six months. A...
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ThinkMarkets: Very high and frequent slippage at us30 and nas100, us30...
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ThinkMarkets: I've trade with Thinkmarkets for a year now. So far...
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ThinkMarkets: Thank you my friend recommend me ThinkMarkets. Their customer service...
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ThinkMarkets: No negative experience with Thinkmarkets. Funding process are easy, the...
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FBS: Almost caught breakout
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FBS: My new level of trading
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FBS: Conditions
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FBS: Trading at high speed
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FBS: My experience
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ThinkMarkets: I've been trading there for the last six months. A...
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See More ThinkMarkets Testimonials
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See More FBS Testimonials
News
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ThinkMarkets Expands Trading Options with NETH25 and SWI20 Indices
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ThinkMarkets Expands Trading Options with Spread Betting on ThinkTrader
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ThinkMarkets Now Licensed to Serve MENA Traders with DFSA Approval
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FBS 15th Anniversary Bash: Your Chance to Win iPhone 15 Pro Max!
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ThinkMarkets Faces $4.28M Lawsuit: Must Return Client Funds
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ThinkMarkets Introduces TradingView Integration on ThinkTrader
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FBS Sweeps Three Prestigious Nominations at the WBO Awards 2023
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ThinkMarkets Stumbles: FG Acquisition Corp. Withdraws IPO Prospectus
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ThinkMarkets Introduces Mini Account with Dynamic Leverage
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Grab ThinkMarkets 100% Credit Bonus this Black Friday!
Articles
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Guide to Trade with Cent Account on FBS Broker
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How to Verify Account on FBS in 2024
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How to Deposit and Withdraw in ThinkMarkets
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FBS Recap in 2023: A Performance Review
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How to Open Account in ThinkMarkets
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Unveiling FBS Features for News Trading
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FBS Mobile App Review: Is It a Good Choice for Traders?
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Amplify Your Trading Profit with FBS 100% Bonus
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Begin Your Trading Journey with FBS $100 Quick Start Bonus
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10 Ways to Successful Trading from ThinkMarkets
Bonus
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- Comparison List
Which one has the better spread?
Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.
However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, ThinkMarkets provides their pricing with Variable spread while FBS offers Variable spread.
ThinkMarkets vs FBS: Who hosts the best trading platform?
The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.
To support their clients, ThinkMarkets enables trading with MetaTrader 4, MetaTrader 5, ThinkTrader, Social trading, Web. The offer is supported with One-click trading, Pending orders. In comparison, FBS provides trading with MetaTrader 4 (Limited with 45 days of inactivity), MetaTrader 5, Web with the support of One-click trading, Trailing stop, Pending orders.
Is ThinkMarkets or FBS better in providing the trading instruments?
It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.
In this case, ThinkMarkets supports trading with Forex, Gold & silver, Stock CFD, Indexes, Crypto, Oil, while FBS presents the ability of trading with Forex, Gold & silver, CFD, Indices, Oil, Stock.
In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.
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