Spreadexvs
ThinkMarketsForex Broker Comparison
Two brokers clash over regulation, pricing, and platform breadth. The tension hinges on platform access and instrument options, inviting readers to weigh the trade-offs.
Who should choose Spreadex vs ThinkMarkets?
Find out which broker best suits your trader profile.
Choose if…
Choose Spreadex if you want FCA-regulated UK spread betting with TradingView in-browser charting.
Choose if…
Choose ThinkMarkets if you want MT4/MT5 access, raw spreads, and broad regulatory coverage.
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
Spreadex 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 | 4.5 / 5▲ | 4.3 / 5 |
Spreadex vs ThinkMarkets Forex Broker Pros & Cons
Pros
FCA-regulated (190941) UK spread betting on 10,000+ financial markets
TradingView integration for browser-based charting and order execution
UK capital gains tax-free profits on spread bets under current HMRC rules
Unique dual financial and sports spread betting from one FCA account
No minimum deposit and no commission on spread bets
Spreadex vs ThinkMarkets: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
0
Spreadex
criteria wins
4
ThinkMarkets
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Spreadex | 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 | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Fail | Pass |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Fail | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Fail | Pass |
Spreadex vs ThinkMarkets: Frequently Asked Questions
The scores are close: Spreadex 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 Spreadex's 0.6 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Neither Spreadex nor ThinkMarkets requires a minimum deposit, making both accessible regardless of starting capital.
Both Spreadex 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, both brokers provide negative balance protection. Also compare demo account availability and educational resources on each broker's site before deciding.
Spreadex 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 Spreadex are not currently available. Check their website for up-to-date pricing.
Spreadex supports Proprietary Web/Mobile, TradingView, while ThinkMarkets supports Proprietary Web/Mobile, TradingView, MetaTrader 4, MetaTrader 5. Both provide Proprietary Web/Mobile and TradingView. ThinkMarkets has exclusive access to MetaTrader 4 and MetaTrader 5.
