Libertex and ThinkMarkets face off over regulation, pricing and platforms. The match contrasts a CySEC-regulated, long-running broker with a multi-jurisdiction firm offering broader instrument access.
ThinkMarkets is the editorial winner with a 4.2/5 score versus Libertex at 3.9/5. The higher rating aligns with broader regulation coverage and a larger instrument universe.
Find out which broker best suits your trader profile.
Choose Libertex if…
Choose Libertex if you want a very low $10 minimum deposit.
Choose ThinkMarkets if…
Choose Libertex if you prefer a transparent zero-spread pricing model. Choose ThinkMarkets if you want no minimum deposit on the standard account. Choose ThinkMarkets if you value broad regulation and access to raw spreads.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Libertex offers tighter spreads from 0.00 pips vs 0.40 pips for ThinkMarkets, reducing trading costs.
| Editorial score | 3.9/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.8 / 5 | 4.3 / 5▲ |
Pros
Very low $10 minimum deposit
Zero spread commission model, transparent cost per trade
Long operational history since 1997
MT4, MT5, and proprietary Libertex platform
Client funds held in segregated accounts
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Libertex | 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) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Pass | 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: Libertex 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.
Libertex 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 Libertex requires at least $10. This makes ThinkMarkets more accessible for traders with limited starting capital.
ThinkMarkets holds top-tier regulation (FCA, FSCA, JFSA), providing stronger investor protections. Libertex 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.
Libertex lists maximum leverage of 999:1, 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 on commission-based accounts. Commission details for Libertex are not currently available. Check their website for up-to-date pricing.
Libertex supports MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4, while ThinkMarkets supports MetaTrader 5, Proprietary Web/Mobile, TradingView, MetaTrader 4. Both provide MetaTrader 5 and Proprietary Web/Mobile and MetaTrader 4. ThinkMarkets has exclusive access to TradingView.
ThinkMarkets wins safety and regulation with FCA, ASIC, FSCA and JFSA oversight.
ThinkMarkets leads active traders with broad instrument access and raw spreads.
ThinkMarkets is better suited for scalpers: raw/ECN spreads available.
ThinkMarkets offers MT4/MT5, ThinkTrader and TradingView for diverse platforms.
Libertex suits beginners with a $10 minimum deposit and transparent pricing.
ThinkMarkets provides broader instrument variety with about 4000 options.
Fees & Spreads 30% weight | 4.0 / 5 | 4.2 / 5▲ |
|---|
Platforms & Tools 20% weight | 3.9 / 5 | 4.2 / 5▲ |
|---|
Customer Support 10% weight | 3.8 / 5 | 4.0 / 5▲ |
|---|
| Founded | 1997 | 2010 |
|---|
| Headquarters | Limassol, Cyprus | London, United Kingdom |
|---|
| Min Deposit | $10 | No minimum▼ lower |
|---|
| Spreads From | 0 pips▼ lower | 0.4 pips |
|---|
| Commission / lot | N/A | $7/lot |
|---|
| N/A | 1.1 pips |
| Max Leverage | 999:1▲ higher | 500:1 |
|---|
| Inactivity Fee | $5/month (after 180 days) | 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 | FCA FSCA JFSA ASIC |
|---|
| Platforms | MetaTrader 5 Proprietary Web/Mobile MetaTrader 4 | MetaTrader 5 Proprietary Web/Mobile TradingView MetaTrader 4 |
|---|
| Active bonuses |
|---|
Negative balance protection
Investor compensation scheme coverage
No deposit fees
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
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
Only CySEC regulated, limited jurisdiction coverage
Commission multiplier model can be confusing for new traders
Not available in many major English-speaking markets
No top-tier regulatory licence
No raw spread account option
Inactivity fee applies
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 3.9 / 5
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