Written by ForexBrokers.com
In this head to head comparison of ThinkMarkets vs Spreadex, 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.
Founded in 2010, ThinkMarkets stands out as a highly trusted online broker with a ForexBrokers.com Trust Score of 92. This makes it a solid choice for investors. It holds five Tier-1 licenses, which signifies a high level of trust, and two Tier-2 licenses. While it's not publicly listed nor a bank, ThinkMarkets provides a secure environment for traders with its strong regulatory framework.
Established in 1999, Spreadex offers trading services with a ForexBrokers.com Trust Score of 71, categorizing it as an average-risk option for traders. The company holds one Tier-1 license but lacks Tier-2 approvals. Like ThinkMarkets, Spreadex is not publicly traded or a banking institution. While it provides competitive services, potential customers should consider its lower Trust Score when evaluating their options.
| Feature |
ThinkMarkets
|
Spreadex
|
|---|---|---|
| Year Founded | 2010 | 1999 |
| 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 | 0 |
Comparing commissions and fees at ThinkMarkets vs Spreadex, Spreadex provides clearer pricing signals thanks to published spread data, while ThinkMarkets does not list average spreads. Both brokers earn 4 out of 5 stars for commissions and fees, but their rankings differ: Spreadex sits at #28 of 63 brokers in ForexBrokers.com’s Commissions and Fees category, whereas ThinkMarkets is ranked #48 of 63.
Spreadex reported an average EUR/USD spread of 0.81 pips in January 2024, with a 0.6-pip minimum spread achieved 60% of the time that month. This gives traders a tangible picture of typical trading costs. Spreadex’s commissions and fees rating: 4/5 stars; ranking: #28 of 63.
ThinkMarkets does not provide average spread data, which makes it tougher to estimate everyday costs from public figures alone. Even so, it holds a solid position for pricing overall. ThinkMarkets’ commissions and fees rating: 4/5 stars; ranking: #48 of 63.
| Feature |
ThinkMarkets
|
Spreadex
|
|---|---|---|
| Minimum Deposit | $50 | $0 |
| Average spread (EUR/USD) - Standard account | 1.1 | 0.81 |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | |
| Skrill (Deposit/Withdraw) | No | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
ThinkMarkets vs Spreadex: both brokers let you trade forex as CFDs or spot and both offer cryptocurrency CFDs (but not actual, delivered crypto). Spreadex lists more markets overall, with about 10,000 tradeable symbols and 52 forex pairs, compared with ThinkMarkets’ 4,000 symbols and 46 forex pairs.
For shares, neither broker offers U.S.-listed stocks as real (non-CFD) shares, but ThinkMarkets does provide access to international exchange-traded shares, while Spreadex does not. ThinkMarkets also supports copy trading; Spreadex does not. Ratings reflect these trade-offs: Spreadex earns 5 stars and ranks #14 out of 63 for Range of Investments at ForexBrokers.com, while ThinkMarkets scores 4.5 stars and ranks #24—helped by its international share dealing and copy trading options.
| Feature |
ThinkMarkets
|
Spreadex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 4000 | 10000 |
| Forex Pairs (Total) | 46 | 52 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | No |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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.
Comparing trading platforms and tools, both ThinkMarkets and Spreadex offer free demo (paper) accounts, proprietary platforms, and web-based trading. Key differences: ThinkMarkets also provides a Windows desktop platform, supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), and offers copy trading—features that Spreadex does not. Both brokers let you trade directly from charts. Specific counts for technical indicators and watchlist columns were not provided.
For ratings, each broker earns 4 stars for Trading Platforms and Tools. However, in ForexBrokers.com’s rankings out of 63 brokers, ThinkMarkets places #28 while Spreadex ranks #47. If you want desktop MT4/MT5 and copy trading, ThinkMarkets is the stronger fit; if you prefer a proprietary, browser-based experience, Spreadex is a straightforward choice.
| Feature |
ThinkMarkets
|
Spreadex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 30 | 58 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both ThinkMarkets and Spreadex offer iPhone and Android trading apps with stock and forex price alerts. However, neither app syncs watchlists between mobile and the online account. For charting, ThinkMarkets includes 94 technical indicators, while Spreadex does not list a figure. You can draw trendlines on both apps, but only ThinkMarkets auto-saves your drawings.
In terms of recognition, both apps are rated 4 out of 5 stars for Mobile Trading Apps. Rankings differ, though: ThinkMarkets sits at #20 out of 63 brokers on ForexBrokers.com, while Spreadex is #47. If you value richer chart tools and saved annotations, ThinkMarkets has the edge; if you mainly want alerts and access on both iPhone and Android, either app will do.
| Feature |
ThinkMarkets
|
Spreadex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 94 | N/A |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
Comparing ThinkMarkets vs Spreadex for market research, both brokers cover the basics well. Each offers daily market commentary, forex news from leading sources like Bloomberg, Reuters, or Dow Jones, a sentiment tool showing long vs short positioning, and an economic calendar to track key events. Neither broker includes Trading Central or TipRanks.
The main difference is in extra tools: Spreadex provides Autochartist for pattern and setup ideas, while ThinkMarkets offers Acuity Trading’s Signal Centre instead. In independent ratings, Spreadex scores higher for research at 4 stars and ranks #32 out of 63 brokers, whereas ThinkMarkets holds 3.5 stars and ranks #51. Choose Spreadex if you want Autochartist, or ThinkMarkets if you value Acuity’s signals.
| Feature |
ThinkMarkets
|
Spreadex
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central | No | No |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing ThinkMarkets vs Spreadex for beginner education: both brokers provide at least 10 beginner-friendly trading videos, giving new traders a clear starting point. ThinkMarkets also runs monthly educational webinars, which can help beginners learn in real time and ask questions, while Spreadex does not offer regular webinars. For growing into more advanced topics, ThinkMarkets supplies 10+ advanced videos; Spreadex does not. The presence of a broader forex/CFD education library (10+ total pieces across articles, videos, or archived webinars) isn’t specified in the data provided.
Ratings paint a mixed picture. Spreadex holds a higher Education score (4/5) and a better category rank (#45 of 63) than ThinkMarkets (3.5/5, rank #52). If you prefer live, guided learning and a path to advanced material, ThinkMarkets may fit better. If you want a higher-rated, self-paced video experience for getting started, Spreadex could appeal. Check each broker’s site for the most current course lists and schedules.
| Feature |
ThinkMarkets
|
Spreadex
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | 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 Spreadex. ThinkMarkets finished with an overall rank of #27, while Spreadex finished with an overall rank of #39.
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
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Spreadex
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|---|---|---|
| Overall Rating |
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| Trust Score | 92 | 71 |
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In the ThinkMarkets vs Spreadex comparison for cryptocurrency trading, neither broker supports buying actual (delivered) crypto, but both offer cryptocurrency CFDs.
ThinkMarkets vs Spreadex: both lack ACH/SEPA transfers; Spreadex also does not support PayPal or Skrill but does allow bank wire transfers (Visa/Mastercard unspecified), while ThinkMarkets’ availability of PayPal, Skrill, Visa/Mastercard, and bank wires is not specified.
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 | Spreadex | |
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| Trust Score | 92 | 71 | |
| Winner | check_circle | ||
| Review | Spreadex Review |
| Broker Screenshots | ThinkMarkets | Spreadex | |
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| Broker Gallery (click to expand) |
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| Regulation | ThinkMarkets | Spreadex | |
|---|---|---|---|
| Trust Score | 92 | 71 | |
| Year Founded | 2010 | 1999 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 5 | 1 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 0 |
| Tier-1 Licenses (Highly Trusted) | ThinkMarkets | Spreadex | |
|---|---|---|---|
| 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) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | ThinkMarkets | Spreadex | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | ThinkMarkets | Spreadex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 4000 | 10000 | |
| Forex Pairs (Total) | 46 | 52 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | No | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 | Spreadex | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.1 | 0.81 | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | ThinkMarkets | Spreadex | |
|---|---|---|---|
| Minimum Deposit | $50 | $0 | |
| PayPal (Deposit/Withdraw) | No | ||
| Skrill (Deposit/Withdraw) | No | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | No | No |
| Trading Platforms | ThinkMarkets | Spreadex | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No |
| Trading Tools | ThinkMarkets | Spreadex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 58 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | ThinkMarkets | Spreadex | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 94 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | ThinkMarkets | Spreadex | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central | No | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | ThinkMarkets | Spreadex | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | ThinkMarkets | Spreadex | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Spreadex Review |
| Overall | ThinkMarkets | Spreadex | |
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| Trust Score | 92 | 71 | |
| Winner | check_circle | ||
| Review | Spreadex Review |
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