FXPRIMUS vs ThinkMarkets - Online Brokerage Comparison

FXPRIMUS vs ThinkMarkets | Compare Trading Brokers

FXPRIMUS vs ThinkMarkets Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$100MT4120+CySEC, FSCA, VFSC
NoneMT4, Trade Interceptor200+FCA, ASIC

FXPRIMUS vs ThinkMarkets Comparison

Both brokers provide MetaTrader 4 (MT4). ThinkMarkets additionally offers Trade Interceptor which is a user friendly online trading platform for the trader who executes their own trades. Traders who trade with automated trading strategies can use Expert Advisors (EAs), MT4's online trading robots at either broker.

Each provides accounts which can offer low Forex spreads plus a commission charge, on MT4 (for these accounts they have the same minimum deposit - $500, but otherwise, ThinkMarkets has no minimum deposit).

FXPRIMUS is regulated by the CySEC in Cyprus, the FSCA in South Africa and the VFSC in Vanuatu.

ThinkMarkets is regulated by the FCA in the United Kingdom and the ASIC in Australia.

Quick comparison

Each offers MT4 and allows EAs. ThinkMarkets additionally provides Trade Interceptor.

Minimum deposit and account types

The minimum deposit for FXPRIMUS is $100. There is no minimum deposit for ThinkMarkets's Standard account but there is a $500 minimum deposit for its ThinkZero account.

  • FXPRIMUS offers a Variable account and an ECN Premium Account. The minimum deposit for the Variable account is $100. The minimum deposit for the ECN Premium Account is $500. Additionally FXPRIMUS provides a Standard Account, a Premium Account and a VIP Account. The minimum deposit for the Standard Account is $1000. The minimum deposit for the Premium Account is $2,500. The minimum deposit for the VIP Account is $10,000. FXPRIMUS offers traders education, an economic calendar and trading tools for all its clients. The Standard, Premium and VIP accounts offer extra features. The minimum trade size is 0.01 lots.
  • 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.
  • ThinkMarkets account types provide 24/6 Live Support and a Free VPS Service. The ThinkZero account also provides Autochartist and an account manager.

Markets

  • FXPRIMUS offers Forex, Indices, Energy, Stocks and Precious Metals, with 120+ available.
  • ThinkMarkets provides Forex, Indices, Energy, Stocks, Metals and Cryptocurrencies, with 200+ on offer.

Cryptocurrency CFDs

  • ThinkMarkets offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Bitcoin Gold, Monero, Zcash, NEO, IOTA, DASH, ETP and OmiseGO.

Spreads and leverage

  • Both brokers can offer low Forex spreads plus a commission charge as well as higher Forex spreads without a commission charge.

Maximum leverage for FXPRIMUS (CySEC regulated) is . Maximum leverage for ThinkMarkets (FCA regulated) is .

Commissions

  • FXPRIMUS charges a commission of $5 per lot per side on its ECN Premium Account.
  • ThinkMarkets does not charge a commission on the Standard account and charges a commission of $3.5 per lot per side for its ThinkZero account.

Platforms

FXPRIMUS offers MT4. ThinkMarkets provides MT4 and Trade Interceptor.

Why FXPRIMUS or ThinkMarkets ?

Traders who want to trade using EAs can find MT4 at either broker. Traders who execute their own trades (e.g. do not use robots) may do so at either broker as MT4 can be utilised for both automated and non-automated trading. However ThinkMarkets additionally provides a user friendly platform, Trade Interceptor, designed for traders who trade at their own discretion. While each broker offers CFD trading, in the UK ThinkMarkets additionally provides MT4 spread betting. Spread betting, similar to CFD trading lets the trader trade a market without owning it.

Comparison summary

  • Both brokers offer CFD trading
  • In the UK, ThinkMarkets additionally provides MT4 spread betting
  • Each offers MT4 for CFD trading
  • Each allows MT4 EAs
  • ThinkMarkets additionally provides Trade Interceptor

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