Pepperstone vs ThinkMarkets Crypto Exchange Comparison
A head-to-head comparison of Pepperstone and ThinkMarkets across security, fees, coin selection, staking, and editorial scoring.
Score 4 / 5
Pepperstone delivers competitive crypto CFD spreads via MT4, MT5, and cTrader with ASIC and FCA backing - a solid regulated option for crypto CFD trading, though real coin ownership is unavailable.
VS
Score 3.8 / 5
ThinkMarkets offers crypto CFDs on 20+ pairs via MT4, MT5, and ThinkTrader under FCA and ASIC regulation - a well-regulated mobile-first broker with a competitive crypto CFD offering for active traders.
Our Verdict
Pepperstone winsby 0.2 pts
Pepperstone edges ahead with a score of 4/5 vs ThinkMarkets's 3.8/5. A narrow margin, so review the breakdown below to see where each broker has a clear advantage.
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
Both exchanges show an equally strong security profile across cold storage, proof of reserves, and regulatory oversight.
Best for low fees
It's a tie
Both equally suited
Both exchanges offer equivalent fee conditions — no deposit fee and no inactivity fee.
Best for beginners
Recommended
Pepperstone edges out ThinkMarkets with a higher editorial score (4/5 vs 3.8/5), indicating a stronger overall experience for new crypto traders.
Best for coin selection
Insufficient data
Data not yet available
Coin-selection data is not yet available for this pair. Check each exchange's supported assets page to compare the number of tradeable cryptocurrencies.
Best for DeFi & Web3
Insufficient data
Data not yet available
DeFi and NFT feature data is not yet available for this pair. Check each exchange's Web3 product pages directly.
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 |
| Regulators | FCA ASIC CySEC DFSA BaFin FMA | FCA FSCA ASIC JFSA |
| Cold Storage | No | No |
| Proof of Reserves | No | No |
| Staking | No | No |
| DeFi Integration | No | No |
| NFT Trading | No | No |
| 500+ Coins | No | No |
| P2P Trading | No | No |
| Crypto Earn / Savings | No | No |
| Token Launchpad | No | No |
| Visit exchange | Visit Pepperstone | Visit ThinkMarkets |
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
- Narrower coin selection (30+) vs dedicated exchanges offering hundreds
- No DeFi access or NFT trading
- Spreads still wider than top-tier crypto exchanges like Kraken or Coinbase
Pros
- ThinkTrader is one of the highest-rated mobile platforms in retail CFD trading
- FCA and ASIC regulated with FSCS and ASIC client money protection
- Crypto CFDs across MT4, MT5, and ThinkTrader with ThinkCopy social trading
- No minimum deposit on standard accounts
Cons
- CFDs only - no real crypto ownership, staking, or on-chain access
- Narrower coin selection (20+) than most competitors at this level
- ThinkCopy ecosystem smaller than eToro's or NAGA's social platforms
- ThinkZero account with tighter spreads requires a separate application
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
Based on our independent editorial scoring, Pepperstone ranks higher with a score of 4/5 vs 3.8/5 for ThinkMarkets. The best choice still depends on your individual needs — security, coin selection, fees, and staking offerings all matter.
Pepperstone and ThinkMarkets show a similar security profile in our data. Both should be evaluated on cold storage practices, proof of reserves, regulatory oversight, and whether client funds are held separately from operational funds.
Pepperstone and ThinkMarkets appear similar on fee criteria in our data. Compare each exchange's trading fee schedule directly, as crypto fees vary by asset, volume tier, and payment method.
Neither Pepperstone nor ThinkMarkets is listed as offering staking in our data. Check each exchange's website directly for the most up-to-date staking offerings, as this feature changes frequently.
Both Pepperstone and ThinkMarkets require a minimum deposit of no minimum to start trading.
For beginners: Pepperstone has a higher overall editorial score. Also consider each exchange's educational resources, customer support quality, and the simplicity of their user interface before deciding.
More Crypto Exchange Comparisons
More Pepperstone comparisons
More ThinkMarkets comparisons
Personalised recommendation
Not sure which broker is right for you?
Answer 6 quick questions and we'll match you with the brokers that best fit your trading style, experience level, and country.
Find my broker