Written by ForexBrokers.com
In this head to head comparison of ThinkMarkets vs FXPrimus, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
ThinkMarkets and FXPrimus both offer online trading services, but their regulatory backgrounds differ significantly. ThinkMarkets, which was founded in 2010, is highly trusted with a ForexBrokers.com Trust Score of 92. The broker holds five Tier-1 licenses and two Tier-2 licenses, indicating strong regulatory oversight. Meanwhile, FXPrimus, established in 2009, holds a Trust Score of 71, categorizing it as average risk. FXPrimus operates with only one Tier-1 license and no Tier-2 licenses, which may influence trader perceptions regarding security and trust.
Neither ThinkMarkets nor FXPrimus is publicly traded or operates as a bank, which may affect decisions for those clients who prioritize these factors when selecting a broker. ThinkMarkets' greater number of high-level licenses might appeal to traders seeking established and well-regulated platforms, whereas FXPrimus could attract those more interested in other features or offerings. In making a choice between the two, potential clients should weigh these regulatory differences while considering how they align with personal trading priorities and risk tolerances.
| Feature |
ThinkMarkets
|
FXPrimus
|
|---|---|---|
| Year Founded | 2010 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 5 | 1 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 1 |
When comparing online brokers ThinkMarkets and FXPrimus regarding commissions and fees, both platforms achieve a commendable rating of four stars. This shows that users find their fee structures competitive and favorable. However, specific average spread data for each broker is not available, which would provide further insights into their pricing strategies.
ThinkMarkets is ranked #47 out of 63 brokers in the Commissions and Fees category by ForexBrokers.com. This ranking suggests there may be areas for improvement compared to other brokers. ThinkMarkets provides a simple and straightforward fee structure, which suits traders looking for transparency in their trading expenses.
On the other hand, FXPrimus is ranked slightly higher at #42 in the same category. This ranking indicates a marginal edge over ThinkMarkets in how fees and commissions are managed, possibly offering more competitive options for certain trader profiles. Both brokers have been recognized for their service in this area, yet FXPrimus's slightly better ranking suggests it could offer an advantage in cost efficiency for some traders.
| Feature |
ThinkMarkets
|
FXPrimus
|
|---|---|---|
| Minimum Deposit | $50 | $100 |
| Average Spread EUR/USD - Standard | 1.1 | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the range of investments between ThinkMarkets and FXPrimus, you'll find both platforms offer the ability to trade forex either as CFDs or spot contracts. However, the number of tradeable options varies significantly. ThinkMarkets provides a vast selection with 4,000 tradeable symbols, including 46 forex pairs, whereas FXPrimus offers 140 symbols comprising 42 forex pairs. While neither broker allows clients to purchase exchange-traded securities on U.S. exchanges, only ThinkMarkets permits trading on select international exchanges, like the London Stock Exchange. Both brokers support cryptocurrency derivatives rather than direct cryptocurrency purchases and offer copy trading functionalities.
For investors focused on the range of investments, ThinkMarkets stands out with a 4.5-star rating compared to FXPrimus's 3.5-star rating. This difference is reflected further in their rankings by ForexBrokers.com, where ThinkMarkets is positioned at #22 and FXPrimus at #59 out of 63 brokers. Overall, those looking for a more extensive range of tradeable options and the opportunity to trade international securities might find ThinkMarkets more appealing, while FXPrimus provides a more limited, yet viable alternative.
| Feature |
ThinkMarkets
|
FXPrimus
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 4000 | 140 |
| Forex Pairs (Total) | 46 | 42 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When comparing the trading platforms and tools offered by ThinkMarkets and FXPrimus, both brokers provide a comprehensive suite of options for traders. Both ThinkMarkets and FXPrimus offer free virtual demo accounts and this makes it easy for users to test their trading skills and strategies without financial risk. Traders have access to proprietary platforms developed in-house and Windows-based desktop platforms with both brokers, along with additional flexibility through web-based platforms. Popular platforms such as MetaTrader 4 and MetaTrader 5 are available with both ThinkMarkets and FXPrimus, while specialized services like DupliTrade and ZuluTrade are not offered by either broker. Copy trading is another feature both brokers have in common, adding another layer of trading strategies for users.
When it comes to specific tools, both ThinkMarkets and FXPrimus offer 15 drawing tools for charting and the ability to trade directly from stock charts. However, ThinkMarkets stands out with 15 columns for watch lists compared to FXPrimus's 7 columns, offering more fields for traders to customize their tracking. In terms of ratings and rankings, both brokers score equally with 4 out of 5 stars for their platforms and tools. However, ThinkMarkets is ranked higher by ForexBrokers.com, coming in at the 28th spot out of 63 brokers, while FXPrimus is positioned at 49th. This indicates a slightly stronger overall offering from ThinkMarkets in terms of platform flexibility and advanced trading tools.
| Feature |
ThinkMarkets
|
FXPrimus
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 15 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both ThinkMarkets and FXPrimus offer convenient mobile trading apps for iPhone and Android users, providing essential tools for traders on the go. Each app allows users to set stock or forex price alerts, create watchlists with real-time quotes, and draw trendlines on charts. While they both offer multiple time frames for viewing charts and save drawings automatically, a key difference is in the number of technical studies available. ThinkMarkets delivers an impressive 94 technical studies, providing greater depth for analysis compared to the 30 studies offered by FXPrimus.
Unfortunately, neither platform supports watchlist symbol syncing between mobile apps and online accounts, which may impact users who switch devices frequently. Despite both apps receiving a rating of four out of five stars, ForexBrokers.com ranks ThinkMarkets higher at 20th out of 63 brokers, while FXPrimus holds the 48th spot. This ranking difference might reflect the more extensive analytical tools available with ThinkMarkets, which could be an important consideration for traders seeking comprehensive charting capabilities in a mobile platform.
| Feature |
ThinkMarkets
|
FXPrimus
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 94 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, ThinkMarkets and FXPrimus both provide daily market commentary and maintain an economic calendar showcasing global economic events. However, ThinkMarkets stands out by offering forex news from top-tier sources like Bloomberg and Reuters, which is a notable advantage over FXPrimus. While neither broker provides tools from Autochartist or Trading Central, ThinkMarkets offers a sentiment-based trading tool and research tools from Acuity Trading, unlike FXPrimus.
Both brokers have room for improvement in their research offerings, as reflected in their ratings; ThinkMarkets holds a 3.5-star rating for research, while FXPrimus has a 3-star rating. In the rankings by ForexBrokers.com, ThinkMarkets is placed at the 50th position out of 63 brokers in the research category, compared to FXPrimus's 58th position. This suggests that ThinkMarkets might provide a slightly more comprehensive research environment for traders seeking in-depth insights.
| Feature |
ThinkMarkets
|
FXPrimus
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing educational resources for beginners at ThinkMarkets and FXPrimus, both online brokers provide a solid foundation for learning with at least 10 educational pieces such as articles, videos, or archived webinars focused on forex or CFDs. Each broker offers monthly webinars to engage with clients and has an archive of past sessions that you can search through at your convenience. However, ThinkMarkets stands out by providing more tailored beginner content, with over 10 educational videos specifically designed for new traders. In contrast, FXPrimus currently doesn't offer this level of beginner-specific video content.
Moreover, ThinkMarkets provides an investor dictionary containing more than 50 investment terms, which can be extremely helpful for those new to trading. This resource is absent from FXPrimus's offerings. Although both brokers have a similar star rating for education—3.5 stars for ThinkMarkets and 3 stars for FXPrimus—the slight edge in content breadth gives ThinkMarkets an advantage for learners. However, when it comes to rankings in the Education category on ForexBrokers.com, FXPrimus is placed one position higher at #51, with ThinkMarkets closely following at #52 out of 63 brokers.
| Feature |
ThinkMarkets
|
FXPrimus
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that ThinkMarkets is better than FXPrimus. ThinkMarkets finished with an overall rank of #27, while FXPrimus finished with an overall rank of #53.
ThinkMarkets has multiple regulatory license and offers a proprietary trading platform, as well as the entire MetaTrader suite. The broker has made progress in key areas, such as research and education, and the range of markets available, although trails behind the best brokers in these categories.
| Feature |
ThinkMarkets
|
FXPrimus
|
|---|---|---|
| Overall Rating |
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| Trust Score | 92 | 71 |
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Both ThinkMarkets and FXPrimus do not offer the ability to buy actual delivered cryptocurrency, but they do provide options for purchasing cryptocurrency derivatives.
In comparing online brokers ThinkMarkets and FXPrimus, neither supports ACH or SEPA transfers, nor PayPal for depositing or withdrawing funds; however, both platforms offer convenient transactions through Skrill, Visa, Mastercard, and bank wires.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | ThinkMarkets | FXPrimus | |
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| Trust Score | 92 | 71 | |
| Winner | check_circle | ||
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| Broker Screenshots | ThinkMarkets | FXPrimus | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) | |||
| Mobile Trading Gallery (click to expand) | |||
| Research Gallery (click to expand) | |||
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| Regulation | ThinkMarkets | FXPrimus | |
|---|---|---|---|
| Trust Score | 92 | 71 | |
| Year Founded | 2010 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 5 | 1 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 1 |
| Tier-1 Licenses (Highly Trusted) | ThinkMarkets | FXPrimus | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | Yes | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | ThinkMarkets | FXPrimus | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | ThinkMarkets | FXPrimus | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 4000 | 140 | |
| Forex Pairs (Total) | 46 | 42 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | ThinkMarkets | FXPrimus | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.1 | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | ThinkMarkets | FXPrimus | |
|---|---|---|---|
| Minimum Deposit | $50 | $100 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | ThinkMarkets | FXPrimus | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | Yes | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | ThinkMarkets | FXPrimus | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 15 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | ThinkMarkets | FXPrimus | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 94 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | ThinkMarkets | FXPrimus | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | ThinkMarkets | FXPrimus | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | ThinkMarkets | FXPrimus | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review |
| Overall | ThinkMarkets | FXPrimus | |
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| Trust Score | 92 | 71 | |
| Winner | check_circle | ||
| Review |
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