| Online Broker | Minimum Deposit | Trading Platforms | Markets | About |
|---|---|---|---|---|
| FXPRIMUS | $15 Minimum Deposit | MT4, MT5, cTrader Trading Platforms | 1000+ Markets To Trade | FXPRIMUS offers a Cent account with low minimum trade sizes and has automated trading on MT4, MT5 and cTrader with spreads from 0, plus commission About |
| ThinkMarkets | None Minimum Deposit | MT4, MT5, ThinkTrader Trading Platforms | 3500+ Markets To Trade | ThinkMarkets provides user friendly ThinkTrader and offers automated trading on MT4 and MT5, with spreads from 0, plus commission, has copy trading and 3500+ Stocks CFDs to trade About |
FXPRIMUS vs ThinkMarkets Comparison
Both brokers offer MT4 and its successor MT5. ThinkMarkets additionally provides user friendly ThinkTrader, while FXPRIMUS additionally offers cTrader. Each has a range of account types, including those offering spreads from 0, plus commission. FXPRIMUS additionally has a Cent account, with low minimum trade sizes.
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 and is licensed by the FSCA in South Africa.
Quick comparison
Each offers MT4 and MT5. ThinkMarkets additionally provides ThinkTrader, while FXPRIMUS additionally offers cTrader. FXPRIMUS has a Cent account.
Minimum deposit and account types
The minimum deposit for FXPRIMUS is $15. There is no minimum deposit for ThinkMarkets's Standard account but there is a $500 minimum deposit for its ThinkZero account.
- FXPRIMUS offers its PrimusCENT, PrimusCLASSIC, PrimusPRO and PrimusZERO accounts. The PRIMUSCent and PRIMUSClassic accounts have a minimum deposit of $15. The PrimusPRO account has a minimum deposit of $500 and the PRIMUSZero account has a minimum deposit of $1000. The PrimusPRO and PrimusZERO accounts have commission charges, and the PrimusZERO account offers spreads 0, plus commission. FXPRIMUS provides traders education, an economic calendar and trading tools for all its clients. The minimum trade size is 0.0001 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. 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.
Markets
- FXPRIMUS offers Forex, Indices, Energy, Stocks, Cryptocurrencies and Metals, with 1000+ available.
- ThinkMarkets provides Forex, Indices, Energy, Stocks, Cryptocurrencies, Metals and Soft Commodities, with 3500+ on offer.
| Broker | Trading Platforms | Description |
|---|---|---|
| FXPRIMUS Broker | MT4, MT5, cTrader Trading Platforms | FXPRIMUS offers automated trading MT4, MT5 and cTrader and has a Cent account with low minimum trade sizes Description |
| ThinkMarkets Broker | MT4, MT5, ThinkTrader Trading Platforms | ThinkMarkets offers automated trading on MT4 and MT5, provides user friendly ThinkTrader, has 3500+ Stocks CFDs and copy trading Description |
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 (VFSC regulated) is 1000:1. Maximum leverage for ThinkMarkets (Bermuda) is 500:1.
Commissions
- FXPRIMUS charges a commission of $5 per lot round trip on its PrimusZERO Account and $8 (MT5) and $10 (MT4) round trip on its PrimusPRO 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.
Online trading platforms
FXPRIMUS offers MT4, MT5 and cTrader. ThinkMarkets provides MT4, MT5 and ThinkTrader.
Why FXPRIMUS or ThinkMarkets ?
Traders who want to trade on MT4 or MT5 can try either broker. Traders who want to trade on cTrader (a platforms supporting automated trading) can find this at FXPRIMUS. Traders who want to trade on a user friendly pltaform for the trader who executes their own trades, can find ThinkTrader at ThinkMarkets. Trader who want to trade on a Cent account with low minimum trade sizes can find one at FXPRIMUS. Thodse who want to trade 3500+ Stocks CFDs, can do this at ThinkMarkets.
Comparison summary
- Both brokers offer CFD trading
- In the UK, ThinkMarkets additionally provides MT4 and MT5 spread betting
- Each offers MT4 and MT5 for CFD trading
- ThinkMarkets additionally provides ThinkTrader
- FXPRIMUS additionally offers ThinkTrader
- FXPRIMUS has a Cent account with a $15 minimum deposit
- ThinkMarkets offers 3500+ Stocks CFDs
