ThinkMarkets vs Titan FX - Online Brokerage Comparison

ThinkMarkets vs Titan FX ECN Forex Broker Comparison

ThinkMarkets versus Titan FX Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
NoneMT4, MT5, Trade Interceptor1000+FCA, ASIC, FSCA
$200MT4, MT570+VFSC

ThinkMarkets and Titan FX Comparison

Both brokers offer MT4 and MT5 trading. ThinkMarkets additionally provides user friendly Trade Interceptor. Traders can trade a wide range of strategies at either broker, including automated and non-automated trading, though Trade Interceptor is designed for the human trader.

Overall, ThinkMarkets has more markets, particularly on MT5, though Titan FX offers a competitive number of markets to trade for an ECN broker.

ThinkMarkets is regulated by the FCA in the United Kingdom and by the ASIC in Australia and is licensed by the VFSC in South Africa. Titan FX is regulated by the VFSC in Vanuatu.

Quick comparison

Both brokers offer MT4 and MT5. ThinkMarkets additionally provides Trade Interceptor. Overall, ThinkMarkets offers more markets to trade.

Minimum deposit and account types

ThinkMarkets does not have a minimum deposit for its Standard account and for its ThinkZero account has a minimum deposit of $500. The minimum deposit for Titan FX is $200.

  • ThinkMarkets offers both CFD trading and spread betting. It offers the Standard account and the ThinkZero account. An Islamic account is available. There is no minimum deposit for the Standard account. The minimum deposit for the ThinkZero account is $/£500. The Standard account does not charge commissions, ThinkZero account does charge a commission. EAs and scalping are allowed. The minimum trade size is 0.01 lots.
  • ThinkMarkets account types provide 24/6 Live Support and a Free VPS Service, T&Cs apply. The ThinkZero account also offers AutoChartist and an account manager. ThinkMarkets offers Market News, Webinars, an Economic Calendar and Tutorials on its website.
  • Titan FX offers the Zero Standard STP account, the Blade ECN Zero account, an Islamic account and the Active Trader Program. Hedging, scalping and EAs are allowed for all account types, as is micro lot trading. Titan FX offers market analysis, Forex monthly commentary, economic news, Forex education and self improvement articles for a 'Forex Lifestyle'. Titan FX uses Equinix's NY4 Data Centre for fast order execution. Titan FX supports social and copy trading via ZuluTrade and signal trading via MetaTrader.
  • Titan FX's Standard and Islamic accounts do not charge commissions, the Blade ECN account does charge commissions.
  • Titan FX's Active Trader Program provides a dedicated relationship manager, segregated client accounts, advanced reporting, custom solutions, virtual server hosting and aggregated anonymous data (AAD).

Markets

  • ThinkMarkets offers 1000+, covering Forex, Indices, Energy, Metals, Cryptocurrencies, Soft Commodities and Shares.
  • Titan FX offers 70+, covering Forex, Indices, Energy and Metals.

Spreads and leverage

Both brokers can offer Forex spreads from 0 plus a commission charge. ThinkMarkets can additionally provide Forex spreads from 0.4 without a commission charge, while Titan FX can offer Forex spreads from 1.2 (average) without a commission charge.

The maximum leverage for ThinkMarkets (FCA regulated) is . The maximum leverage for ThinkMarkets (ASIC regulated) is 500:1. The maximum leverage for Titan FX is 500:1.

Commissions

  • ThinkMarkets charges a commission of $3.5 per lot per side on its ThinkZero account.
  • Titan FX charges a commission of $0.035 per 0.01 lots (i.e. $3.5 per lot) per side (thus $0.07 per micro lot round trip) on the Blade ECN account. Titan FX says that it approximates the USD charges and has a monthly review of these approximations for other account currencies.

Online trading platforms

Both broker offer MT4 and MT5. ThinkMarkets additionally provides Trade Interceptor. Both have mobile apps.

Why ThinkMarkets or Titan FX ?

Traders who want to trade on MetaTrader 4 (MT4) and its successor MetaTrader 5 (MT5) can do so at either broker. Traders who want to trade on accounts which can offer low spreads plus a commission charge can do so at either broker, though Titan FX has a lower minimum deposit for this kind of account (but ThinkMarkets has no minimum deposit for its other accounts). Both brokers allow the use of Expert Advisors (EAs), MetaTrader trading robots. Traders who want to trade on a user friendly platform for the trader who executes their own trades, can find Trade Interceptor at ThinkMarkets.

Comparison summary

  • Both brokers provide CFD trading
  • In the UK, ThinkMarkets additionally provides spread betting
  • Each offers MT4 and MT5
  • ThinkMarkets additionally provides Trade Interceptor
  • Each uses Equinix infrastructure for high speed order transmission
  • Both allow EAs
  • ThinkMarkets can offer more markets to trade overall

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