ForexBrokers.com is committed to the highest ethical standards and reviews services independently. Advertiser Disclosure

ThinkMarkets vs ICM Capital 2019

Is ICM Capital better than ThinkMarkets? After assessing forex brokers on nearly 100 different variables, ThinkMarkets is better than ICM Capital. ThinkMarkets provides forex and CFDs on multiple asset classes, including cryptocurrencies, on its recently acquired Trade Interceptor platform and MetaTrader 4 (MT4) through its Australia, UK, and offshore entity in Bermuda.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Overall Rating

Feature ThinkMarkets ICM Capital
Overall 3.5 3.5
ThinkMarkets Review ICM Capital Review
74-89% of retail CFD accounts lose money 74-89% of retail CFD accounts lose money

Regulation

Feature ThinkMarkets ICM Capital
Trust Score 77 69
Year Founded
2010 2009
Publicly Traded (Listed)
No No
Bank
No No
Tier-1 Licenses
2 1
Tier-2 Licenses
0 0
Tier-3 Licenses
0 0
Authorised in the European Union
Yes Yes

Tier-1 Licenses

Feature ThinkMarkets ICM Capital
ASIC Authorised (Australia)
Yes No
IIROC Authorised (Canada)
No No
SFC Authorised (Hong Kong)
No No
FSA Authorised (Japan)
No No
MAS Authorised (Singapore)
No No
FINMA Authorised (Switzerland)
No No
FCA Authorised (UK)
Yes Yes
CFTC Registered (USA)
No No

Investments

Feature ThinkMarkets ICM Capital
Forex: Spot Trading
Yes Yes
Social Trading / Copy-Trading
Yes Yes
Currency Pairs (Total Forex pairs)
40 32
CFDs - Total Offered
192 36
Cryptocurrency traded as actual
No No
Cryptocurrency traded as CFD
Yes No
Offering of Investments 3 3
Winner check_circle

Cost

Feature ThinkMarkets ICM Capital
Average Spread EUR/USD - Standard
N/A 1.3 (as of May 19)
All-in Cost EUR/USD - Active
N/A 0.9 (as of May 19)
Active Trader or VIP Discounts
Yes Yes
Commissions & Fees 3.5 3.5
Winner check_circle

Funding

Feature ThinkMarkets ICM Capital
Minimum Initial Deposit
$250.00 $200.00
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
No No
Skrill (Deposit/Withdraw)
No No

Trading Platforms

Feature ThinkMarkets ICM Capital
Proprietary Platform
Yes No
Desktop Platform (Windows)
Yes Yes
Web Platform
Yes No
Social Trading / Copy-Trading
Yes Yes
MetaTrader 4 (MT4)
Yes Yes
MetaTrader 5 (MT5)
No No
cTrader
No Yes

Trading Tools

Feature ThinkMarkets ICM Capital
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
7 7
Charting - Indicators / Studies (Total)
51 51
Charting - Drawing Tools (Total)
31 31
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
Yes Yes
Order Type - Trailing Stop
Yes Yes
Platform & Tools 3.5 3
Winner check_circle

Mobile Trading

Feature ThinkMarkets ICM Capital
Android App
Yes Yes
Apple iOS App
Yes Yes
Trading - Forex
Yes No
Trading - CFDs
Yes No
Alerts - Basic Fields
Yes Yes
Watch List
Yes Yes
Watch List Syncing
No No
Charting - Indicators / Studies
30 30
Charting - Draw Trend Lines
Yes Yes
Charting - Trend Lines Moveable
Yes No
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
No No
Forex Calendar
No No
Mobile Trading 4 3.5
Winner check_circle

Research

Feature ThinkMarkets ICM Capital
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
Yes Yes
Weekly Webinars
Yes No
AutoChartist
Yes No
Trading Central (Recognia)
No Yes
Delkos Research
No No
Social Sentiment - Currency Pairs
No Yes
Economic Calendar
Yes Yes
Research 3.5 3
Winner check_circle

Education

Feature ThinkMarkets ICM Capital
Has Education - Forex
Yes No
Has Education - CFDs
Yes No
Client Webinars
Yes No
Client Webinars (Archived)
Yes No
Videos - Beginner Trading Videos
No No
Videos - Advanced Trading Videos
No No
Investor Dictionary (Glossary)
Yes Yes
Education 3.5 1.5
Winner check_circle

Major Forex Pairs

Feature ThinkMarkets ICM Capital
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

Overall

Feature ThinkMarkets ICM Capital
ThinkMarkets Review ICM Capital Review
Overall 3.5 3.5
Winner check_circle
After spending several months and hundreds of hours researching 28 different forex brokers for trading FX, our team at ForexBrokers.com team collected over 2,200 data points. For this review, we will compare ICM Capital vs ThinkMarkets.

To compare these two FX brokers, we will first take a look at the fees charged for trading (no easy task). Not every forex broker publicizes their average spreads, spreads data can vary, as can execution policies and how commissions are charged. Specifically, is the broker a dealing desk (market maker), no dealing desk (agency broker) or are both execution methods offered (dealing desk + STP/ECN)? To simplify this research, we assessed everything for you and provide a single star rating for cost. Both ICM Capital and ThinkMarkets are rated 3.50 stars.

Commissions and fees aside, let's take a look at regulation and currency availability. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. ICM Capital alongside ThinkMarkets are regulated in a major hub. ICM Capital nor ThinkMarkets are publicly traded companies. As far as how many currency pairs are available for trading, here's the answer. ICM Capital trails ThinkMarkets by 8 total currency pairs (for example, EUR/USD), with ThinkMarkets offering 40 and ICM Capital offering 32.

Next, let's look at the tools and features fx traders desire. With trading platforms, forex traders are all familiar with MetaTrader. ICM Capital alongside ThinkMarkets offer Meta Trader. Regardless of the trading platform you use, charting should be feature rich. To help compare these two brokers, we counted the number of drawing tools and total technical indicators made available. Both brokers offer clients access to the same number of charting tools, 31. Both ICM Capital and ThinkMarkets provide clients with access to 51 total indicators (eg, moving averages).

ICM Capital Review
ThinkMarkets Review


Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published web site as of 02/18/2019 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.

arrow_drop_upBack to top