Pepperstonevs
ThinkMarketsCrypto Exchange Comparison
Pepperstone and ThinkMarkets face off in a battle over crypto CFDs, regulation, and platform depth. The clash hinges on regulatory comfort, asset scope, and pricing clarity.
Our Verdict
Pepperstone winsby 0.2 pts
Pepperstone edges ThinkMarkets on editorial score, 4.0 versus 3.8. Pepperstone also benefits from FCA and ASIC backing with segregated client funds, while ThinkMarkets trails on overall score despite solid regulation.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Pepperstone lists 30+ crypto CFDs versus ThinkMarkets' 20+
- 2Pepperstone offers transparent pricing; ThinkMarkets does not
- 3ThinkMarkets provides a proprietary ThinkTrader platform
Who should choose Pepperstone vs ThinkMarkets?
Find out which crypto exchange best suits your trading profile.
Choose Pepperstone if…
Choose Pepperstone if you want 30+ crypto CFDs and transparent pricing.
Choose ThinkMarkets if…
Choose Pepperstone if you value broad FCA and ASIC regulation with segregated client funds. Choose ThinkMarkets if you want a proprietary ThinkTrader platform and ThinkCopy social trading.
Verdict by Trader Profile
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
Best for security
It’s a tie
Both equally suited
Pepperstone wins with segregated client funds and broad FCA and ASIC oversight.
Best for low fees
Recommended
Pepperstone vs ThinkMarkets: Side-by-Side Crypto Exchange Comparison
| Criteria |  Pepperstone |  ThinkMarkets |
|---|---|---|
| Editorial score | 4.0/ 5 | 3.8/ 5 |
| Min Deposit | No minimum | No minimum |
| Spreads From | 0 pips▼ lower | 0.4 pips |
| Taker Fee | 7.00% | 7.00% |
Pepperstone vs ThinkMarkets Crypto Exchange Pros & Cons
Pros
- 30+ crypto CFDs tradeable across MT4, MT5, cTrader, and TradingView
- FCA and ASIC regulation with segregated client funds
- Tighter crypto spreads than typical market-maker forex brokers
- No inactivity fee; 24/5 customer support with strong user ratings
Cons
- No real crypto ownership, staking, or self-custody withdrawals
Pepperstone vs ThinkMarkets: Detailed Category Breakdown
A closer look at the specific criteria each exchange meets or misses within each scoring category.
1
Pepperstone
criteria win
1
ThinkMarkets
criteria win
Highlighted rows show where the two exchanges differ
| Criteria | Pepperstone | ThinkMarkets |
|---|---|---|
| Security | ||
| Cold storage for assets | Fail | Fail |
| Proof of reserves published | Fail | Fail |
| Segregated client funds | Pass | Pass |
| Top-tier regulator (FCA, ASIC, etc.) | Pass | Pass |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Fail |
| Features | ||
| Staking available | Fail | Fail |
| DeFi integration | Fail | Fail |
| NFT trading | Fail | Fail |
| 500+ coins listed | Fail | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Pass | Pass |
| Phone support | Fail | Pass |
Pepperstone vs ThinkMarkets: Frequently Asked Questions
The scores are close: Pepperstone rates 4/5 and ThinkMarkets rates 3.8/5. Pepperstone has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
Pepperstone lists a lower spread from 0, compared with ThinkMarkets's 0.4. Crypto trading costs are typically quoted as a percentage of the trade value; check each exchange's full fee schedule, as maker/taker rates and volume discounts vary.
Neither Pepperstone nor ThinkMarkets requires a minimum deposit, making both accessible regardless of starting capital.
Both Pepperstone and ThinkMarkets hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each exchange's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, both exchanges provide negative balance protection. Also compare demo account availability and educational resources on each exchange's site before deciding.
Pepperstone offers up to 2:1 on perpetual or margin products, versus ThinkMarkets's 2:1 cap. Margin and futures trading carry higher risk than spot crypto; confirm product availability and jurisdiction-specific limits on each exchange's website.
Both Pepperstone and ThinkMarkets charge the same commission of $7 per trade on applicable accounts. Crypto fees are typically quoted as maker/taker rates rather than fixed per-trade commissions; check each exchange's fee schedule for volume-based discounts.
Pepperstone supports cTrader, IRESS, MetaTrader 5, TradingView, MetaTrader 4, while ThinkMarkets supports MetaTrader 5, Proprietary Web/Mobile, TradingView, MetaTrader 4. Both provide MetaTrader 5 and TradingView and MetaTrader 4. Pepperstone has exclusive access to cTrader and IRESS. ThinkMarkets has exclusive access to Proprietary Web/Mobile.
