This comparison pits two regulated forex brokers across trust, fees, and platforms. The axis of tension centers on regulatory breadth and platform options.
ThinkMarkets edges AMarkets on editorial score and regulatory breadth, earning the higher overall rating.
Find out which broker best suits your trader profile.
Choose AMarkets if…
Choose AMarkets if you accept a smaller 250-instrument range and no top-tier regulator. You also trade with no compensation scheme and no negative balance protection, which keeps the cost structure clear but limits regulatory protections.
Choose ThinkMarkets if…
Choose AMarkets if you accept a smaller 250-instrument range and no top-tier regulator. You also trade with no compensation scheme and no negative balance protection, which keeps the cost structure clear but limits regulatory protections.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
AMarkets offers tighter spreads from 0.00 pips vs 0.40 pips for ThinkMarkets, reducing trading costs.
| Editorial score | 3.8/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.4 / 5 | 4.3 / 5▲ |
Pros
MT4, MT5, and cTrader all available
Competitive $6 round-turn ECN commission
Mature PAMM platform with full performance transparency
No inactivity fee
Client funds held in segregated accounts
Raw spread account available
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | AMarkets | ThinkMarkets |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Fail | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Fail | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
The scores are close: AMarkets rates 3.8/5 and ThinkMarkets rates 4.2/5. ThinkMarkets 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.
AMarkets starts from 0 pips, tighter than ThinkMarkets's 0.4 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
ThinkMarkets has no minimum deposit, while AMarkets requires at least $100. This makes ThinkMarkets more accessible for traders with limited starting capital.
ThinkMarkets holds top-tier regulation (FCA, ASIC, FSCA), providing stronger investor protections. AMarkets may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
ThinkMarkets stands out for beginners: it has a lower entry point and provides negative balance protection, which caps losses at your deposited amount. Also compare demo account availability and educational resources before deciding.
AMarkets lists maximum leverage of 3000:1, while ThinkMarkets lists up to 500:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
AMarkets charges $6 per lot, lower than ThinkMarkets's $7 per lot. Lower commissions benefit active traders who execute many trades per day.
AMarkets supports cTrader, MetaTrader 5, MetaTrader 4, while ThinkMarkets supports MetaTrader 5, Proprietary Web/Mobile, TradingView, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. AMarkets has exclusive access to cTrader. ThinkMarkets has exclusive access to Proprietary Web/Mobile and TradingView.
ThinkMarkets wins for safety and regulation, supported by multiple top-tier authorities and investor protection features.
ThinkMarkets wins for active traders due to advanced charting and ThinkTrader platform.
AMarkets is better suited for scalpers: lower commission ($6/lot), tighter spreads from 0.00 pips.
ThinkMarkets wins for platform choice with MT4/MT5 plus proprietary ThinkTrader and TradingView access.
ThinkMarkets wins for beginners with no minimum deposit on the standard account.
ThinkMarkets wins for instrument variety with about 4000 instruments.
Fees & Spreads 30% weight | 4.0 / 5 | 4.2 / 5▲ |
|---|
Platforms & Tools 20% weight | 4.1 / 5 | 4.2 / 5▲ |
|---|
Customer Support 10% weight | 3.9 / 5 | 4.0 / 5▲ |
|---|
| Founded | 2007 | 2010 |
|---|
| Headquarters | Kingstown, Saint Vincent and the Grenadines | London, United Kingdom |
|---|
| Min Deposit | $100 | No minimum▼ lower |
|---|
| Spreads From | 0 pips▼ lower | 0.4 pips |
|---|
| Commission / lot | $6/lot▼ lower | $7/lot |
|---|
| 0.6 pips▼ lower | 1.1 pips |
| Max Leverage | 3,000:1 | 500:1▲ higher |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerWebMoneyCrypto | Bank transferCredit cardDebit cardSkrillNeteller |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerWebMoneyCrypto | Bank transferCredit cardSkrillNeteller |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | SVGFSA | FCA ASIC FSCA JFSA |
|---|
| Platforms | cTrader MetaTrader 5 MetaTrader 4 | MetaTrader 5 Proprietary Web/Mobile TradingView MetaTrader 4 |
|---|
| Active bonuses |
|---|
No deposit fees
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
No minimum deposit on standard ThinkForex account
ThinkTrader proprietary app is well-reviewed for mobile trading
JFSA regulation for Japanese clients
Strong multi-region regulatory coverage
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
Raw spread account available
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Cons
SVG FSA registration only, no meaningful retail investor protection
No EU or Tier 1 licensed entity
Very high leverage (3000:1) is a risk amplifier
No top-tier regulatory licence
No negative balance protection
No investor compensation scheme
No proprietary platform
Limited charting capabilities
Cons
ThinkZero account requires $500 minimum deposit
Standard account is spread-only and not competitive for scalpers
Not available to US residents
Dig deeper into each broker’s features, fees, and regulation.
Score 3.8 / 5
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