FP Marketsvs
ThinkMarketsStock Broker Comparison
Two brokers compete on regulation, platforms, and research tools. The axis of tension centers on cost structures, exchange access, and platform capabilities.
Our Verdict
FP Markets winsby 0.3 pts
FP Markets edges ThinkMarkets on editorial score, driven by stronger category scores. It also benefits from broader research tools and DMA options via IRESS.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1FP Markets provides built-in research tools and a stock screener.
- 2FP Markets offers DMA access via IRESS across 15 exchanges.
- 3ThinkMarkets uses a proprietary ThinkTrader platform.
Who should choose FP Markets vs ThinkMarkets?
Find out which stock broker best suits your investing profile.
Choose FP Markets if…
Choose FP Markets for built-in research tools and a stock screener.
Choose ThinkMarkets if…
Choose ThinkMarkets for a proprietary ThinkTrader platform and ThinkCopy social features.
Verdict by Trader Profile
Which broker wins for each type of stock trader, based on costs, safety, features, and editorial scoring.
Best for safety & regulation
It’s a tie
Both equally suited
FP Markets wins safety and regulation with ASIC and CySEC oversight.
Best for active traders
Recommended
FP Markets vs ThinkMarkets: Side-by-Side Stock Broker Comparison
 |  | |
|---|---|---|
| Editorial score | 4.1/ 5 | 3.8/ 5 |
| Min deposit | $100 | No minimum▼ lower |
| Spreads from | 0 pips▼ lower | 0.4 pips |
| Commission / lot | $6/lot▼ lower | $7/lot |
FP Markets vs ThinkMarkets Stock Broker Pros & Cons
Pros
- IRESS platform provides genuine DMA access to ASX, NYSE, LSE, and other exchanges
- 10,000+ share CFDs available on MT4, MT5, cTrader, and TradingView
- ASIC and CySEC regulation, among the strongest regulatory profiles for a mid-tier broker
- No platform fee for standard share CFD trading (IRESS fee only for DMA users)
Cons
- IRESS DMA incurs a monthly fee (~AUD 55), uneconomical for low-frequency traders
FP Markets vs ThinkMarkets: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
1
FP Markets
criteria win
0
ThinkMarkets
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | FP Markets | ThinkMarkets |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, SEC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS, SIPC) | Pass | Pass |
| Costs | ||
| Commission-free trading | Fail | Fail |
| Features | ||
| Fractional shares | Fail | Fail |
| Dividend reinvestment (DRIP) | Fail | Fail |
| Extended hours trading | Fail | Fail |
| IPO access | Fail | Fail |
| Short selling | Pass | Pass |
| Stock screener tool | Pass | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
FP Markets vs ThinkMarkets: Frequently Asked Questions
The scores are close: FP Markets rates 4.1/5 and ThinkMarkets rates 3.8/5. FP Markets 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.
FP Markets lists tighter spreads from 0, compared with ThinkMarkets's 0.4. For stock trading, also factor in any per-trade or per-share commissions — spreads and commissions together determine the true cost per trade.
ThinkMarkets has no minimum deposit, while FP Markets requires at least $100. This makes ThinkMarkets more accessible for traders with limited starting capital.
Both FP Markets 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.
FP Markets lists maximum leverage of 20:1, while ThinkMarkets lists up to 20:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
FP Markets charges $6 per trade, lower than ThinkMarkets's $7 per trade. Lower commissions benefit active traders who execute many trades per day. Stock commissions may be charged as a flat rate per trade or per share; confirm the exact structure on each broker's website.
FP Markets supports cTrader, IRESS, MetaTrader 5, TradingView, MetaTrader 4, while ThinkMarkets supports MetaTrader 5, Proprietary Web/Mobile, TradingView, MetaTrader 4. Both provide MetaTrader 5 and TradingView and MetaTrader 4. FP Markets has exclusive access to cTrader and IRESS. ThinkMarkets has exclusive access to Proprietary Web/Mobile.
Neither FP Markets nor ThinkMarkets is listed as offering commission-free trading in our data. Compare each broker's commission schedule directly, as fees vary by account type and the markets you trade.
Both FP Markets and ThinkMarkets are covered by a compensation scheme according to our data, providing an additional safety net for your stock investments. Confirm the specific scheme and coverage limit that applies to your account before depositing.
