Plus500 vs ThinkMarkets: which broker is better in 2026?
We compare Plus500 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
CriteriaPlus500ThinkMarkets
Overall score 3.8 3.8
Regulation & safety 4.0 3.5
Fees & deposit 3.5 4.0
Platform & assets 4.0 4.0
User support 3.5 3.5
Trust score76/10074/100
Minimum depositVaries by account type — check the official siteVaries by account type — check the official site
Demo accountAvailableAvailable
PlatformsProprietary web platform, iOS/Android mobile appThinkTrader, MetaTrader 4, MetaTrader 5
Fee modelSpread model (no separate commission) — exact spreads not yet verified in detailThinkZero (raw) or Standard account; competitive
Pros & cons
- Public company (LSE FTSE 250) with layered regulation (FCA UK, MAS Singapore)
- Simple, beginner-friendly proprietary platform, no separate commission (spread model)
- Broad instrument coverage: share/forex/commodity/index CFDs + futures & share dealing
- Historical note: £205,128 FCA fine (2012) for inaccurate transaction reporting + a past dispute with the Belgian regulator (FSMA)
- Own platform only — no MT4/MT5/cTrader for advanced traders
- Leveraged CFD model is high-risk (most retail accounts lose money — standard industry warning)
- 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
Plus500
Listed on the London Stock Exchange (FTSE 250). The UK entity (Plus500UK Ltd) is supervised by the FCA; the Singapore entity (Plus500SG) holds a Capital Markets Services license from MAS. Check which entity serves your country — regulation differs per 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.