Compare ThinkMarkets Vs FP Markets: Which is the Better Forex Broker in 2024?
ThinkMarkets Vs FP Markets, 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 FP Markets, here is the direct comparison:
Feature | ThinkMarkets | FP Markets |
General Rating |
2.87/5 |
3.20/5 |
|
Score | 73 | 78 | |
Trustpilot |
4.3/5 79 users |
4.8/5 6207 users |
|
💼 Regulation | |||
❗Info | |||
⌛ Established | 2010 | 2005 | |
💲 Min Deposit | $0 | $100 | |
⚖ Max Leverage | 1:500 | 1:500 | |
🔢 Spread | Variable | Variable | |
💸 Commissions | $3.50 | $3 | |
💡 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 | Apple Pay, Crypto, Credit/debit cards, Dash, Dragonpay, Ethereum, FasaPay, Google Pay, Litecoin, Local bank transfer, Neteller, Ripple, Skrill, Tether (USDT), USD Coin (USDC), Wire transfer, Zcash and Perfect Money | |
🏢 Office(s) |
|
|
🧩 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 |
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
🗣 Website Languages | Arabic, Chinese, Czech, English, German, Greek, Indonesian, Italian, Malay, Polish, Portuguese, Spanish, Thai, Vietnamese | Arabic, Chinese, English, French, Indonesian, Italian, Malay, Portuguese, Russian, Spanish, Vietnamese |
🚪 Trade Now | Open ThinkMarkets | Open FP Markets |
Testimonials
-
ThinkMarkets: I've been trading there for the last six months. A...
-
ThinkMarkets: Very high and frequent slippage at us30 and nas100, us30...
-
ThinkMarkets: I've trade with Thinkmarkets for a year now. So far...
-
ThinkMarkets: Thank you my friend recommend me ThinkMarkets. Their customer service...
-
ThinkMarkets: No negative experience with Thinkmarkets. Funding process are easy, the...
-
ThinkMarkets: I've been trading there for the last six months. A...
-
ThinkMarkets: Very high and frequent slippage at us30 and nas100, us30...
-
ThinkMarkets: I've trade with Thinkmarkets for a year now. So far...
-
ThinkMarkets: Thank you my friend recommend me ThinkMarkets. Their customer service...
-
ThinkMarkets: No negative experience with Thinkmarkets. Funding process are easy, the...
-
FP Markets: It's concerning me
-
FP Markets: Impressive cost
-
FP Markets: Very pleased!
-
FP Markets: Total gem!
-
FP Markets: Problem with withdrawal
-
ThinkMarkets: I've been trading there for the last six months. A...
-
See More ThinkMarkets Testimonials
-
See More FP Markets Testimonials
News
-
FP Markets Awarded Best for Fees & Algorithmic Trading
-
ThinkMarkets Expands Trading Options with NETH25 and SWI20 Indices
-
ThinkMarkets Expands Trading Options with Spread Betting on ThinkTrader
-
ThinkMarkets Now Licensed to Serve MENA Traders with DFSA Approval
-
Unleash Your Earning Potential: Refer a Friend to FP Markets and Earn Up to $200!
-
ThinkMarkets Faces $4.28M Lawsuit: Must Return Client Funds
-
Level Up Your Trades: FP Markets Forex Broker Partners with TradingView
-
Forex Broker FP Markets Expands to Africa with Kenya License
-
FP Markets Crowns the Best Trading Tool in 2023 by FXScouts
-
ThinkMarkets Introduces TradingView Integration on ThinkTrader
Articles
-
How to Deposit and Withdraw in ThinkMarkets
-
How to Open Account in ThinkMarkets
-
How to Verify Your Trading Account on FP Markets
-
XM Vs FP Markets for Commodity Trading
-
Is Exness Standard Account Better than FP Markets?
-
Comparing Pepperstone and FP Markets Trading App
-
10 Ways to Successful Trading from ThinkMarkets
-
FP Markets Vs Pepperstone for Cryptocurrency Trading
-
What is DMA Pricing in FP Markets?
-
Everything You Need to Know about FP Markets Spreads
Bonus
Webinars
-
FP Markets: ???? ????? ?????? ???? ????? ???????
-
FP Markets: Approccio Market Neutral
-
FP Markets: �Aprenda Scalping desde Cero!
-
FP Markets: Gu�a Definitiva para Operar con Materias Primas: Conceptos B�sicos y Estrategias
-
FP Markets: Revisione periodica
-
FP Markets: El potencial del par EURUSD: Estrategias y Caracter�sticas Claves para Operar
-
FP Markets: ???? ???????? ?????? ??????????? ??? ???? ???????
-
FP Markets: Ottimizzazione operativa
-
FP Markets: Descubra los Secretos del Trading Institucional
-
FP Markets: �ndices al Descubierto: Operativa, Tendencias y Estrategias
-
See More FP Markets Webinars
More Comparisons
- FXOpen vs Blueberry Markets
- Octa vs FBS
- Axi vs Tickmill
- XM vs Admirals
- HF Markets vs LiteFinance
- Interactive Brokers vs AvaTrade
- Vantage Markets vs MTrading
- RoboForex vs Dukascopy
- IC Markets vs JustMarkets
- Exness vs InstaForex
- Pepperstone vs FP Markets
- easyMarkets vs FirewoodFX
- eToro vs OANDA
- ThinkMarkets vs FXTM
- 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 FP Markets offers Variable spread.
ThinkMarkets vs FP Markets: 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, FP Markets provides trading with MetaTrader 4, MetaTrader 5, TradingView, cTrader, Web with the support of One-click trading, Trailing stop, Pending orders.
Is ThinkMarkets or FP Markets 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 FP Markets presents the ability of trading with Forex, Indexes, Metals, Crypto, ETFs, Stocks, Commodities, Gold & Silver, Bonds.
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.
Looking for more references? Here are other comparisons related to ThinkMarkets and FP Markets:
- Compare ThinkMarkets vs Array
- Compare ThinkMarkets vs Array
- Compare ThinkMarkets vs Array
- Compare FP Markets vs Array
- Compare FP Markets vs Array
- Compare FP Markets vs Array
For more comparisons, visit this page.