Forex Broker Comparison
Detailed side-by-side analysis
Quick Summary
Best for Beginners
ThinkMarkets
$0.00Tightest Spreads
ThinkMarkets
From 0.4 pips (Standard); from 0.0 pips (Raw/ThinkZero) pipsHighest Leverage
ThinkMarkets
1:Up to 1:500 (non-EU); 1:30 (EU/UK retail)Best Rated
Interactive Brokers
Mobile Trading
Both
✓✓General Information
Interactive Brokers
Regulation
FCA (UK), ASIC (Australia), CySEC (Cyprus), NFA/CFTC (USA), MAS (Singapore), JFSA (Japan), BaFin (Germany), FINMA (Switzerland), IIROC (Canada), SFC (Hong Kong), CONSOB (Italy), CNMV (Spain)
Founded
N/A
Headquarters
United States
Overall Rating
ThinkMarkets
Regulation
CySEC (Cyprus), FCA (UK), ASIC (Australia), FSCA (South Africa), FSA (Seychelles)
Founded
N/A
Headquarters
Australia
Overall Rating
Trading Conditions
| Feature | Interactive Brokers | ThinkMarkets |
|---|---|---|
| Minimum Deposit | $0.00 | $0.00 |
| Average Spreads | Variable (market-based ECN pricing, from ~0.1 pips on major forex pairs) | From 0.4 pips (Standard); from 0.0 pips (Raw/ThinkZero) |
| Maximum Leverage | 1:50 | Up to 1:500 (non-EU); 1:30 (EU/UK retail) |
| Commission | None | None |
Account Types
Interactive Brokers
ThinkMarkets
Platforms & Tools
Interactive Brokers
WebTrader, TradingView, Interactive Brokers
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
ThinkMarkets
MetaTrader 4, MetaTrader 5, WebTrader, TradingView
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
Payments
Interactive Brokers
Deposit Methods
Bank Wire Transfer ACH Transfer (USA) SEPA Transfer (EU) Wise (TransferWise) Direct Bank Transfer (local methods in supported countries)
Withdrawal Methods
Bank Wire Transfer ACH Withdrawal (USA) SEPA Withdrawal (EU) Direct Bank Transfers to registered accounts
Withdrawal Fee
None
ThinkMarkets
Deposit Methods
Credit/Debit Cards (Visa/Mastercard), Bank Wire, PayPal, Skrill, Neteller, Apple Pay, Google Pay, Cryptocurrencies (Bitcoin, Ethereum, Bitcoin Cash via BitPay)
Withdrawal Methods
Same as deposits; processed to source method within 24 hours
Withdrawal Fee
None
Support
Interactive Brokers
Support Languages
English, Chinese, Japanese, German, French, Spanish, Italian, Portuguese, Dutch, Russian, Korean, and several additional localized platform languages
Support Channels
24/5 support (phone, chat, email) Regional support centers (US, Europe, Asia-Pacific) Priority service for professional accounts
Account Manager
Available
ThinkMarkets
Support Languages
English, Arabic, Chinese, French, German, Indonesian, Japanese, Malay, Portuguese, Spanish, Thai, Vietnamese (12+ total)
Support Channels
24/5 live chat, email, phone; multilingual
Account Manager
Available
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