FP Markets vs ThinkMarkets: which broker is better in 2026?
We compare FP Markets and ThinkMarkets — two forex & CFD brokers — side by side across regulation, fees, platforms, minimum deposit, and our editorial scores. Both score evenly overall — the right choice depends on which criteria matter most to you.
Side-by-side comparison
CriteriaFP MarketsThinkMarkets
Overall score 3.8 3.8
Regulation & safety 3.5 3.5
Fees & deposit 4.0 4.0
Platform & assets 4.0 4.0
User support 3.5 3.5
Trust score74/10074/100
Minimum depositVaries by account type — check the official siteVaries by account type — check the official site
Demo accountAvailableAvailable
PlatformsMetaTrader 4, MetaTrader 5, cTrader, IRESSThinkTrader, MetaTrader 4, MetaTrader 5
Fee modelRaw spread + commission (Raw) or Standard; competitiveThinkZero (raw) or Standard account; competitive
Pros & cons
- ASIC/CySEC regulation + full platform selection (including IRESS for stocks)
- Competitive raw spreads
- Operating since 2005
- The global entity (St. Vincent) is less strict than ASIC/CySEC
- Mid-size brand, not a tier-1 giant
- Leverage is high-risk
- FCA/ASIC/CySEC regulation + its own ThinkTrader platform
- Competitive spreads (ThinkZero raw account)
- MT4/MT5 available
- Smaller brand than tier-1 giants
- Entity availability differs per region
- Leverage is high-risk
Regulation at a glance
FP Markets
Australian (2005) — regulated by ASIC (Australia), CySEC (Cyprus), FSA (St. Vincent for the global entity).
ThinkMarkets
Regulated by the FCA (UK), ASIC (Australia), CySEC (Cyprus), FSCA (South Africa), FSA (Japan for the related entity). Has its own ThinkTrader platform.