tastytradevs
ThinkMarketsForex Broker Comparison
Both target web and mobile traders with strong regulation and transparent pricing, but their platform ecosystems and cost structures pull in different directions.
Who should choose tastytrade vs ThinkMarkets?
Find out which broker best suits your trader profile.
Choose if…
Choose tastytrade if you prioritize options focused trading and a specialized platform.
Choose if…
Choose ThinkMarkets if you prioritize 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
tastytrade vs ThinkMarkets: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.3/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.5 / 5▲ | 4.3 / 5 |
tastytrade vs ThinkMarkets Forex Broker Pros & Cons
Pros
Options commissions capped at $10/leg, major cost advantage for traders who size up
$0 to open options trades; $1/contract to close
Platform built natively for options: IVR, Greeks, curve tool, and multi-leg management all first-class
Futures and futures options on the same account as equity derivatives
No PFOF on options, exchange-routed for best execution
tastytrade vs ThinkMarkets: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
0
tastytrade
criteria wins
5
ThinkMarkets
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | tastytrade | ThinkMarkets |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Fail | 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 |
tastytrade vs ThinkMarkets: Frequently Asked Questions
The scores are close: tastytrade rates 4.3/5 and ThinkMarkets rates 4.2/5. tastytrade 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. Current spread data is not available for tastytrade. Check both brokers' websites for up-to-date pricing.
Neither tastytrade nor ThinkMarkets requires a minimum deposit, making both accessible regardless of starting capital.
Both tastytrade 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, ThinkMarkets provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources on each broker's site before deciding.
ThinkMarkets lists maximum leverage of 500:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
tastytrade charges $1 per lot, lower than ThinkMarkets's $7 per lot. Lower commissions benefit active traders who execute many trades per day.
tastytrade 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.
