This comparison pits Errante's ECN pricing under CySEC against ThinkMarkets' zero-min-deposit entry and broader platform ecosystem. The axis of tension centers on cost, platforms, and regulatory reach.
Find out which broker best suits your trader profile.
Choose if…
Choose Errante if you value ECN raw spreads on a Pro account and a low $50 minimum deposit. You also get MT4 and MT5 under CySEC regulation with segregated client funds and investor compensation coverage.
Choose if…
Choose ThinkMarkets if you want a zero minimum deposit and access to MT4/MT5 plus ThinkTrader and TradingView. You also benefit from broad regulatory coverage (FCA, ASIC, FSCA, JFSA) and higher leverage up to 500:1 with segregated funds and investor protection.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 3.8/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.0 / 5 | 4.3 / 5▲ |
Pros
CySEC (440/23) regulation with ICF compensation up to EUR 20,000
$50 minimum deposit on standard account
Pro ECN account: 0.0 pip raw spreads at $3/lot commission
MT4 and MT5 available
Regulated by top-tier authorities (FCA, ASIC, CySEC)
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Errante | ThinkMarkets |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | 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: Errante 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.
Errante 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 Errante requires at least $50. This makes ThinkMarkets more accessible for traders with limited starting capital.
Both Errante and ThinkMarkets hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: ThinkMarkets has no minimum deposit, removing the capital barrier entirely, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
Errante lists maximum leverage of 30:1, 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.
Errante charges $3 per lot, lower than ThinkMarkets's $7 per lot. Lower commissions benefit active traders who execute many trades per day.
Errante supports MetaTrader 4, MetaTrader 5, while ThinkMarkets supports Proprietary Web/Mobile, TradingView, MetaTrader 4, MetaTrader 5. Both provide MetaTrader 4 and MetaTrader 5. ThinkMarkets has exclusive access to Proprietary Web/Mobile and TradingView.
Errante offers tighter spreads from 0.00 pips vs 0.40 pips for ThinkMarkets, reducing trading costs.
ThinkMarkets wins due to multi-regulator coverage including FCA and ASIC, plus segregated funds.
ThinkMarkets wins for active traders with 4000 instruments and raw spread options.
Errante is better suited for scalpers: lower commission ($3/lot), tighter spreads from 0.00 pips.
ThinkMarkets wins for platform choice with MT4/MT5, ThinkTrader, and TradingView.
ThinkMarkets wins for beginners with zero minimum deposit and accessible MT4/MT5.
ThinkMarkets wins for instrument variety with about 4000 assets.
Fees & Spreads 30% weight | 4.2 / 5 | 4.2 / 5 |
|---|
Platforms & Tools 20% weight | 3.7 / 5 | 4.2 / 5▲ |
|---|
Customer Support 10% weight | 3.9 / 5 | 4.0 / 5▲ |
|---|
| Founded | 2017 | 2010 |
|---|
| Headquarters | Limassol, Cyprus | London, United Kingdom |
|---|
| Min Deposit | $50 | No minimum▼ lower |
|---|
| Spreads From | 0 pips▼ lower | 0.4 pips |
|---|
| Commission / lot | $3/lot▼ lower | $7/lot |
|---|
| 0.3 pips▼ lower | 1.1 pips |
| Max Leverage | 30:1 | 500:1▲ higher |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferCredit cardDebit cardSkrillNeteller |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transferCredit cardSkrillNeteller |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | CySEC FSA Seychelles | ASIC JFSA FCA FSCA |
|---|
| Platforms | MetaTrader 4 MetaTrader 5 | Proprietary Web/Mobile TradingView MetaTrader 4 MetaTrader 5 |
|---|
| Active bonuses |
|---|
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
No inactivity fee
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
Small broker with limited balance sheet transparency
No cTrader, no TradingView integration
Research and educational content minimal
Non-EU clients on FSA Seychelles lighter framework
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
ThinkMarkets edges Errante on editorial score due to broader regulation and platform options.
Dig deeper into each broker’s features, fees, and regulation.
Score 3.8 / 5
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