FBSvs
ThinkMarketsForex Broker Comparison
Two brokers navigate similar markets with different regulatory footprints and platform ecosystems. The clash centers on regulation, costs, and trading tools.
Our Verdict
ThinkMarkets winsby 0.3 pts
ThinkMarkets edges out FBS on the editorial score, driven by stronger regulation and broader platform options.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1ThinkMarkets has a $0 standard account minimum, unlike FBS's $1.
- 2ThinkMarkets offers 4,000 instruments versus FBS's 550.
- 3ThinkMarkets provides a proprietary ThinkTrader platform.
Who should choose FBS vs ThinkMarkets?
Find out which broker best suits your trader profile.
Choose FBS if…
Choose FBS if you want a $1 minimum deposit and Cent accounts.
Choose ThinkMarkets if…
Choose ThinkMarkets if you want $0 minimum on the standard ThinkForex account and a proprietary ThinkTrader app.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
FBS offers tighter spreads from 0.00 pips vs 0.40 pips for ThinkMarkets, reducing trading costs.
Best for safety & regulation
Recommended
FBS vs ThinkMarkets: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 3.9/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.5 / 5 | 4.3 / 5▲ |
FBS vs ThinkMarkets Forex Broker Pros & Cons
Pros
Very low $1 minimum deposit on Cent accounts
MT4 and MT5 on all account types
Multiple account types including Cent, Zero Spread, and ECN
Widely available across Southeast Asia, MENA, and Africa
Client funds held in segregated accounts
FBS vs ThinkMarkets: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
0
FBS
criteria wins
4
ThinkMarkets
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | FBS | ThinkMarkets |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Fail | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | 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 |
FBS vs ThinkMarkets: Frequently Asked Questions
The scores are close: FBS rates 3.9/5 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.
FBS 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 FBS requires at least $1. This makes ThinkMarkets more accessible for traders with limited starting capital.
ThinkMarkets holds top-tier regulation (FCA, ASIC, FSCA), providing stronger investor protections. FBS 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.
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.
FBS 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.
ThinkMarkets charges $7 per lot, lower than FBS's $20 per lot. Lower commissions benefit active traders who execute many trades per day.
FBS supports MetaTrader 5, MetaTrader 4, while ThinkMarkets supports MetaTrader 5, Proprietary Web/Mobile, TradingView, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. ThinkMarkets has exclusive access to Proprietary Web/Mobile and TradingView.
