Written by ForexBrokers.com
In this head to head comparison of FxPro vs ThinkMarkets, 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.
When comparing online brokers FxPro and ThinkMarkets, it's important to consider their regulatory information and trust ratings. Founded in 2006, FxPro is not publicly traded but operates as a bank, holding two highly trusted Tier-1 licenses. In contrast, ThinkMarkets, launched in 2010, is also not listed on the stock exchange and does not function as a bank, yet it owns five Tier-1 licenses, offering a different kind of assurance under stringent regulations.
FxPro holds a Trust Score of 93 out of 99 according to ForexBrokers.com, placing it in the highly trusted category. ThinkMarkets closely follows with a Trust Score of 92, also regarded as highly trusted. Additional licensing includes FxPro's one Tier-2 license compared to ThinkMarkets' two, providing different levels of trust and security to suit varying investor needs.
| Feature |
FxPro
|
ThinkMarkets
|
|---|---|---|
| Year Founded | 2006 | 2010 |
| Publicly Traded (Listed) | No | No |
| Bank | Yes | No |
| Tier-1 Licenses | 2 | 5 |
| Tier-2 Licenses | 1 | 2 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 3 |
When comparing the commissions and fees of online brokers FxPro and ThinkMarkets, both achieve a four-star rating. However, FxPro edges slightly ahead in the rankings by placing 32nd out of 63 brokers, while ThinkMarkets falls at 47th. FxPro's pricing tends to be higher than its industry peers, with variable and fixed spreads available on its MT4 platform. Traders can choose between instant execution, which may face requotes but not slippage, and market execution, which avoids requotes but has the potential for slippage.
FxPro offers its most competitive spreads through the cTrader platform, which employs commission-based pricing. For example, the effective spread for trading the EUR/USD pair on cTrader comes to about 1.27 pips—this comprises FxPro's average spread of 0.37 pips and a commission-equivalent of 0.9 pips. Meanwhile, its floating-rate model on MT4 and MT5 showcases EUR/USD spreads of 1.58 pips for market execution accounts and 1.71 pips for instant execution. Notably, FxPro also offers an Active Trader program with up to 30% discounts, although it doesn't quite match similar programs from competitors like FOREX.com, IG, and Saxo.
While specific average spread data for ThinkMarkets isn't available, its rating and ranking indicate a solid position in the brokerage landscape although still trailing slightly behind FxPro. Both brokers provide competitive options for traders, albeit with some variation in pricing structure and execution preferences.
| Feature |
FxPro
|
ThinkMarkets
|
|---|---|---|
| Minimum Deposit | $100 | $50 |
| Average Spread EUR/USD - Standard | 1.51 | 1.1 |
| All-in Cost EUR/USD - Active | 1.27 | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | 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 investment offerings of FxPro and ThinkMarkets, prospective traders will find several similarities and differences. Both platforms provide the opportunity to trade forex as a contract for difference (CFD) or spot contract, giving traders flexibility in their approach. FxPro supports an impressive number of 70 forex pairs, while ThinkMarkets offers 46. However, the total number of tradable symbols available balances out this difference, with ThinkMarkets providing a significant 4000 compared to FxPro's 2249. On both platforms, investors can engage with international exchange-traded securities, although neither broker offers access to U.S.-listed stocks directly. Additionally, both platforms facilitate copy trading for those interested in mirroring the strategies of successful investors.
In terms of cryptocurrency offerings, FxPro and ThinkMarkets enable trading of cryptocurrency derivatives, but neither allows the purchase of actual cryptocurrencies. Reflecting on the overall scope of their range of investments, ThinkMarkets edges ahead slightly with a rating of 4.5 stars compared to FxPro's 4 stars. This is further supported by ForexBrokers.com's rankings, where ThinkMarkets ranks 23rd and FxPro 28th out of 63 brokers. This suggests that while both brokers offer substantial options, ThinkMarkets presents a broader array of investment opportunities for clients seeking diversity.
| Feature |
FxPro
|
ThinkMarkets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2249 | 4000 |
| Forex Pairs (Total) | 70 | 46 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| 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 considering online brokers for trading, FxPro and ThinkMarkets both offer an array of platforms and tools that cater to traders of all levels. Both brokers provide the opportunity to hone skills with free virtual demo accounts and feature proprietary trading platforms developed in-house. Traders can enjoy flexibility with FxPro and ThinkMarkets, as both offer Windows-based desktop downloads and web-based trading platforms. Additionally, they support the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5), along with copy trading options. Despite these similarities, neither broker offers DupliTrade or ZuluTrade.
In terms of charting tools, FxPro provides 25 drawing tools, while ThinkMarkets offers 15. Both brokers allow for trading directly from stock charts, making it easier for traders to execute decisions swiftly. When it comes to watch lists, FxPro has 6 available fields, whereas ThinkMarkets offers a more comprehensive 15. Despite these differences in features, both brokers achieve a rating of 4 out of 5 stars for their trading platforms and tools. However, according to ForexBrokers.com, FxPro is ranked higher at 17th compared to ThinkMarkets' 28th place out of 63 evaluated brokers, highlighting FxPro's slight edge in this competitive field.
| Feature |
FxPro
|
ThinkMarkets
|
|---|---|---|
| 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) | 53 | 30 |
| Charting - Drawing Tools (Total) | 25 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 6 | 15 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading apps, both FxPro and ThinkMarkets offer comprehensive solutions for traders on the go. FxPro and ThinkMarkets provide iPhone and Android apps, ensuring traders can access their platforms across major devices. They're also similar in providing stock and forex price alerts, drawing trendlines, and allowing users to view multiple time frames on charts. Both apps support watchlists with real-time quotes and auto-save features for chart annotations, making them user-friendly and efficient for active traders.
However, there are some notable differences that set these two platforms apart. FxPro offers watchlist symbol syncing, which enables changes made in the mobile app to automatically update the client’s online account, a feature not available with ThinkMarkets. In terms of technical studies, ThinkMarkets leads with 94 studies versus FxPro's 65. Despite this, FxPro is rated slightly higher with a 4.5-star rating compared to ThinkMarkets' 4 stars, and it is ranked 15th in the category of mobile trading apps by ForexBrokers.com, compared to ThinkMarkets' 20th place ranking. These distinctions can help traders decide which app better meets their individual trading needs.
| Feature |
FxPro
|
ThinkMarkets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 65 | 94 |
| 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 comparing FxPro and ThinkMarkets in terms of market research offerings, both brokers provide daily market commentary and access to forex news from top-tier sources like Bloomberg and Reuters. However, FxPro stands out with its inclusion of technical analysis tools from Trading Central, which are not available with ThinkMarkets. Additionally, both brokers offer sentiment-based trading tools that allow traders to see the ratio of long and short positions across different currency pairs.
In terms of other specialized research tools, ThinkMarkets provides resources from Acuity Trading, which FxPro does not. Both brokers feature an economic calendar for tracking global news events. When evaluated for their research capabilities, FxPro earns a higher rating of 4 stars, compared to ThinkMarkets' 3.5 stars, and is ranked #26 out of 63 brokers by ForexBrokers.com, whereas ThinkMarkets ranks at #50. This suggests that while both brokers offer valuable market insights, FxPro delivers a slightly more comprehensive research experience.
| Feature |
FxPro
|
ThinkMarkets
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available for beginners between FxPro and ThinkMarkets, both online brokers provide an extensive range of more than 10 educational materials, including articles, videos, and archived webinars primarily focusing on forex or CFDs. FxPro and ThinkMarkets offer archives where users can access previously recorded webinars, enhancing the flexibility of learning at one's own pace. However, ThinkMarkets stands out by hosting regular monthly webinars for live client education, an offering that is absent from FxPro.
In terms of video content, both brokers present at least 10 beginner-focused educational videos, laying a strong foundation for those new to trading. For traders seeking advanced learning, ThinkMarkets provides over 10 advanced educational videos, while this level of content depth is not available from FxPro. Both brokers support learners with a comprehensive investor dictionary containing over 50 investing terms, helpful for mastering trading jargon. Evaluations place FxPro slightly ahead with a rating of 4 stars, compared to ThinkMarkets' 3.5 stars, and ranks it at #18 versus ThinkMarkets’ #52 out of 63 brokers. This reflects a stronger emphasis on education at FxPro, despite the absence of live webinars.
| Feature |
FxPro
|
ThinkMarkets
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | Yes |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that FxPro is better than ThinkMarkets. FxPro finished with an overall rank of #21, while ThinkMarkets finished with an overall rank of #27.
FxPro competes among the top MetaTrader brokers, featuring multiple account options and various execution methods. It provides its own proprietary FxPro Edge app – though it isn’t yet available for mobile – alongside access to the BnkPro app (which isn’t yet available in all regions).
| Feature |
FxPro
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ThinkMarkets
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|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 92 |
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Both FxPro and ThinkMarkets do not provide the option to buy actual cryptocurrencies for delivery, but they both offer the ability to trade cryptocurrency derivatives.
FxPro provides a more versatile range of deposit and withdrawal options compared to ThinkMarkets, with support for ACH/SEPA transfers and PayPal, both of which are not available with ThinkMarkets; however, both platforms offer similar conveniences including Skrill, Visa/Mastercard, and bank wire services.
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 | FxPro | ThinkMarkets | |
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| Trust Score | 93 | 92 | |
| Winner | check_circle | ||
| Review | FxPro Review |
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| Regulation | FxPro | ThinkMarkets | |
|---|---|---|---|
| Trust Score | 93 | 92 | |
| Year Founded | 2006 | 2010 | |
| Publicly Traded (Listed) | No | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 5 | |
| Tier-2 Licenses | 1 | 2 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 3 |
| Tier-1 Licenses (Highly Trusted) | FxPro | ThinkMarkets | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | Yes | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | Yes | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | FxPro | ThinkMarkets | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | FxPro | ThinkMarkets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2249 | 4000 | |
| Forex Pairs (Total) | 70 | 46 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| 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 | FxPro | ThinkMarkets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.51 | 1.1 | |
| All-in Cost EUR/USD - Active | 1.27 | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | FxPro | ThinkMarkets | |
|---|---|---|---|
| Minimum Deposit | $100 | $50 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | FxPro | ThinkMarkets | |
|---|---|---|---|
| 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 | Yes | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | FxPro | ThinkMarkets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 15 | |
| Charting - Indicators / Studies (Total) | 53 | 30 | |
| Charting - Drawing Tools (Total) | 25 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FxPro | ThinkMarkets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 65 | 94 | |
| 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 | FxPro | ThinkMarkets | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | FxPro | ThinkMarkets | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | FxPro | ThinkMarkets | |
|---|---|---|---|
| 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 | FxPro Review |
| Overall | FxPro | ThinkMarkets | |
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| Trust Score | 93 | 92 | |
| Winner | check_circle | ||
| Review | FxPro Review |
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