Interactive Brokers vs ThinkMarkets: which broker is better in 2026?
We compare Interactive Brokers and ThinkMarkets — two forex & CFD brokers — side by side across regulation, fees, platforms, minimum deposit, and our editorial scores. Based on our overall editorial score, Interactive Brokers edges ahead (4.3/5), but the right choice depends on what matters most to you — check the breakdown below.
Side-by-side comparison
CriteriaInteractive BrokersThinkMarkets
Overall score 4.3 3.8
Regulation & safety 4.5 3.5
Fees & deposit 4.5 4.0
Platform & assets 4.5 4.0
User support 3.5 3.5
Trust score87/10074/100
Minimum depositVaries by account type — check the official siteVaries by account type — check the official site
Demo accountAvailableAvailable
PlatformsTrader Workstation (TWS), IBKR Desktop, Client Portal (web), IBKR Mobile, API (TWS/Web)ThinkTrader, MetaTrader 4, MetaTrader 5
Fee modelKnown for very low costs (tiered/fixed) — among the cheapest in the industry for stocks/futures/forex; structure varies per product/regionThinkZero (raw) or Standard account; competitive
Pros & cons
- Top-tier regulation & transparency — a US public company (Nasdaq: IBKR) supervised by SEC/FINRA/CFTC + many global regulators
- Among the cheapest costs in the industry; very broad global market access
- Very powerful TWS platform & API for professional/algorithmic traders
- The TWS platform has a steep learning curve — less beginner-friendly
- Customer support is more self-service (not hand-holding), suited to technical users
- Interface & account structure can feel complex at first
- 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
Interactive Brokers
A US public company (Nasdaq: IBKR) with entities regulated by SEC/FINRA/CFTC (US), FCA (UK), IIROC (Canada), MAS (Singapore), ASIC (Australia), the Central Bank of Ireland, and others. One of the most regulated & financially transparent brokers.
ThinkMarkets
Regulated by the FCA (UK), ASIC (Australia), CySEC (Cyprus), FSCA (South Africa), FSA (Japan for the related entity). Has its own ThinkTrader platform.