Plus500vs
ThinkMarketsForex Broker Comparison
Two brokers meet in a head-to-head on regulation, costs, and platforms. The tension centers on whether a proprietary platform or MT4/MT5 access offers greater value.
Our Verdict
ThinkMarkets winsby 0.2 pts
ThinkMarkets edges Plus500 on editorial score due to broader platform access and regulation.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1ThinkMarkets supports MT4/MT5; Plus500 does not.
- 2ThinkMarkets offers raw spreads; Plus500 has no raw spreads option.
- 3ThinkMarkets offers $0 minimum on standard; Plus500 requires $100.
Who should choose Plus500 vs ThinkMarkets?
Find out which broker best suits your trader profile.
Choose Plus500 if…
Choose Plus500 if you value zero commission and a streamlined proprietary platform.
Choose ThinkMarkets if…
Choose ThinkMarkets if you want MT4/MT5 access, a raw spread option, and a $0 minimum deposit.
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
ThinkMarkets offers tighter spreads from 0.40 pips vs 0.60 pips for Plus500, reducing trading costs.
Best for safety & regulation
It’s a tie
Both equally suited
Plus500 vs ThinkMarkets: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.0/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.2 / 5 | 4.3 / 5▲ |
Plus500 vs ThinkMarkets Forex Broker Pros & Cons
Pros
LSE-listed providing strong institutional credibility
Zero commission on all trades
Intuitive proprietary platform with a clean mobile app
Negative balance protection across all accounts
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Plus500 vs ThinkMarkets: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
0
Plus500
criteria wins
5
ThinkMarkets
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Plus500 | 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 | Fail | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Fail | Pass |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Fail | Pass |
| Multilingual support | Pass | Pass |
Plus500 vs ThinkMarkets: Frequently Asked Questions
The scores are close: Plus500 rates 4/5 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.
ThinkMarkets starts from 0.4 pips, tighter than Plus500's 0.6 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
ThinkMarkets has no minimum deposit, while Plus500 requires at least $100. This makes ThinkMarkets more accessible for traders with limited starting capital.
Both Plus500 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.
Plus500 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.
ThinkMarkets charges $7 per lot on commission-based accounts. Commission details for Plus500 are not currently available. Check their website for up-to-date pricing.
Plus500 supports Proprietary Web/Mobile, while ThinkMarkets supports MetaTrader 5, Proprietary Web/Mobile, TradingView, MetaTrader 4. Both provide Proprietary Web/Mobile. ThinkMarkets has exclusive access to MetaTrader 5 and TradingView and MetaTrader 4.
