A head-to-head comparison of Dupoin and ThinkMarkets across regulation, trading costs, platforms, and editorial scoring.
A newer locally-incorporated Indonesian broker completing the dual BAPPEBTI and OJK registration standard, offering compliant domestic forex access.
No minimum deposit on standard account, a highly rated ThinkTrader mobile app, and JFSA regulation for Japanese clients.
ThinkMarkets comes out ahead with an editorial score of 4.2/5 compared to Dupoin's 3.6/5.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
ThinkMarkets offers tighter spreads from 0.4 pips vs 1.5 pips for Dupoin, reducing trading costs.
ThinkMarkets has a stronger safety profile: top-tier regulation, compensation scheme, segregated funds, negative balance protection.
ThinkMarkets has a cost edge: tighter spreads from 0.4 pips.
ThinkMarkets offers more exclusive platform options: Proprietary Web/Mobile, TradingView, a proprietary platform.
ThinkMarkets edges out Dupoin with a higher editorial score (4.2/5 vs 3.6/5), indicating a stronger overall experience for new traders.
| Editorial score | 3.6/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.6 / 5 | 4.3 / 5▲ |
Fees & Spreads 30% weight | 3.5 / 5 | 4.2 / 5▲ |
Platforms & Tools 20% weight | 3.6 / 5 | 4.2 / 5▲ |
Customer Support 10% weight | 3.5 / 5 | 4.0 / 5▲ |
| Founded | 2020 | 2010 |
| Headquarters | Jakarta, Indonesia | London, United Kingdom |
| Min deposit | $30 | No minimum |
| Spreads from | 1.5 pips | 0.4 pips |
| Commission / lot | N/A | $7/lot |
| Max leverage | 100:1 | 500:1 |
| Withdrawal fee | Free | Free |
| Regulators | BAPPEBTI OJK | FCA FSCA ASIC JFSA |
| Platforms | MetaTrader 4 MetaTrader 5 | MetaTrader 4 MetaTrader 5 Proprietary Web/Mobile TradingView |
| Active bonuses | ||
| Visit broker | Visit Dupoin | Visit ThinkMarkets |
Pros
BAPPEBTI-licensed and OJK-registered - full Indonesian regulatory compliance
OJK registration no. 2025020000000412 is publicly verifiable
Offers both MetaTrader 4 and MetaTrader 5
Local Indonesian bank transfer funding with IDR accounts
Client funds held in segregated accounts
Raw spread account available
No deposit fees
No inactivity fee
Mobile trading app available
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
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
Only available to Indonesian residents - no international clients
Shorter operating history than established domestic peers
Narrow product range limited to forex and commodity futures
Leverage capped at 100:1 under BAPPEBTI rules
No top-tier regulatory licence
No negative balance protection
No investor compensation scheme
No proprietary platform
Limited charting capabilities
Support available in limited languages
Cons
ThinkZero account requires $500 minimum deposit
Standard account is spread-only and not competitive for scalpers
Not available to US residents
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Dupoin | 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 | Fail | Pass |
Based on our independent editorial scoring, ThinkMarkets ranks higher with a score of 4.2/5 vs 3.6/5 for Dupoin. The best choice still depends on your individual trading needs; Dupoin and ThinkMarkets may each suit different trader profiles.
ThinkMarkets offers tighter spreads starting from 0.4 pips, compared to Dupoin's spreads from 1.5 pips. Tighter spreads lower the cost per trade, particularly valuable for high-frequency and scalping strategies.
ThinkMarkets has a lower minimum deposit of no minimum required, while Dupoin requires at least $30. This makes ThinkMarkets more accessible for traders with limited starting capital.
ThinkMarkets holds top-tier regulation (FCA, FSCA, ASIC), providing stronger investor protections. Dupoin may be regulated but does not hold top-tier status in our data. Always verify regulatory status with the broker directly before depositing funds.
For beginners: ThinkMarkets has a lower minimum deposit (no minimum), lowering the barrier to entry; ThinkMarkets offers negative balance protection, capping losses at your deposit amount. Also weigh up educational resources and customer support quality before deciding.
Dupoin offers maximum leverage of 100:1, while ThinkMarkets offers up to 500:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
ThinkMarkets charges $7 per lot on commission-based accounts. Commission details for the other broker are not currently available. Check their website for up-to-date pricing.
Dupoin supports MetaTrader 4, MetaTrader 5 and ThinkMarkets offers MetaTrader 4, MetaTrader 5, Proprietary Web/Mobile, TradingView; both support MetaTrader 4, MetaTrader 5; ThinkMarkets exclusively offers Proprietary Web/Mobile, TradingView.
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