Born2Trade vs ThinkMarkets Comparison
Compare trading conditions, commissions and platforms of Forex brokers Born2Trade and ThinkMarkets. Find out which broker is best for you.
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Who is better - Born2Trade or ThinkMarkets?
Key differences between the brokers
Below, we show only the differences in trading conditions covered in our reviews. These may include the minimum deposit, available markets, platforms and account types. Compare these details with your requirements.
Born2Trade
- Minimum deposit · USD
- 10 USD
- Different platforms
- Match-Trader
- Different markets
- None listed
ThinkMarkets
- Minimum deposit · USD
- 1 USD
- Different platforms
- MetaTrader 4
- ThinkTrader
- Different markets
- ETF
Comparison Table of Born2Trade and ThinkMarkets
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| Broker | Born2Trade | ThinkMarkets |
|---|---|---|
| Foundation Year | 2024 | 2010 |
| Regulated in Countries | Mauritius | Seychelles, United Kingdom, Australia, Cyprus, South Africa, Japan, Cayman Islands |
| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:5000 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review |
Born2Trade Review
Born2Trade is a functional Forex and CFD broker with several account types, the MetaTrader 5 and Match-Trader platforms, and access to six asset classes. The broker focuses on active trading and offers different pricing models, ranging from the Standard account to ECN and Dynamic accounts with high leverage.
Born2Trade is best suited to Forex traders with some experience who value MT5, ECN conditions, copy trading, and the ability to use high leverage. The broker may also appeal to beginners due to its low minimum deposit and relatively simple registration, although they will need to use third-party resources for more comprehensive education.
Pros and Cons of Born2Trade
Pros
- Three trading account types with different conditions.
- MetaTrader 5 and Match-Trader, with support for algorithmic and mobile trading.
- More than 240 CFDs across 6 asset classes.
- Low minimum deposit of $10 and fee-free deposits.
- A good range of TradingView analytical tools and 24/5 support.
Cons
- Regulation is limited to the Mauritius FSC; the company in Saint Lucia does not hold a separate brokerage licence.
- Spreads on the Standard account are above average, while some swaps are relatively high.
- Withdrawal fees usually apply outside special fee-free days.
- No Islamic account.
- Educational materials are limited, with no full courses, webinars, or extensive video library.
ThinkMarkets Review
ThinkMarkets is a highly regulated broker with licenses from the FCA and ASIC, confirming its reliability and operations transparency. The broker offers a wide range of trading platforms suitable for beginners and experienced traders. Extensive analytical resources and educational materials help traders to develop their skills and improve trading efficiency. Round-the-clock support ensures that help is always available, no matter the time of day.
ThinkMarkets is ideal for traders who are looking for a reliable and well-regulated broker with a variety of technological solutions and analytical tools. The broker is especially suitable for active traders who are willing to invest time in learning the market through the training materials offered.
Pros and Cons of ThinkMarkets
Pros
- Wide range of trading platforms.
- Strong analytical support.
- Extensive educational materials.
- 24/7 technical support.
Cons
- Limited choice of trading accounts.
- Withdrawal fees and account inactivity fees.
Reliability
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| Broker | Born2Trade | ThinkMarkets |
|---|---|---|
| Reliability | 3/5 | 5/5 |
| Foundation Year | 2024 | 2010 |
| Regulated in Countries | Mauritius | Seychelles, United Kingdom, Australia, Cyprus, South Africa, Japan, Cayman Islands |
| Regulators |
Born2Trade
Born2Trade is licensed by the Mauritius FSC, although some clients are served through a company in Saint Lucia that does not hold a separate brokerage licence. The level of protection depends on the legal entity through which the account is opened.
Pros
- Mauritius FSC licence
- Segregation of client funds
Cons
- The FSC is an offshore regulator
- The company in Saint Lucia does not hold a separate brokerage licence
- No FCA, ASIC, or CySEC regulation
ThinkMarkets
The presence of licenses from authoritative regulators and a good reputation speak to the reliability of ThinkMarkets.
Account Opening
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| Broker | Born2Trade | ThinkMarkets |
|---|---|---|
| Account Opening | 5/5 | 4/5 |
| Minimum Deposit |
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Born2Trade
Opening an account with Born2Trade is straightforward: registration is brief, verification is completed online, and the minimum deposit is only $10. The process is generally quick and requires no complicated steps.
Pros
- Simple registration
- Fast online verification
- Minimum deposit of $10
Cons
- Only USD and EUR are available as base currencies
ThinkMarkets
The account opening process at ThinkMarkets is simple and convenient. However, due to the possible verification process taking up to 2 days, the account opening process may not be as fast as desired.
Account Types
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| Broker | Born2Trade | ThinkMarkets |
|---|---|---|
| Account Types | 4/5 | 3.3/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:5000 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | Yes | Yes |
| Swap-free Account | No | No |
Born2Trade
Born2Trade offers accounts for different trading styles: the versatile Standard account, ECN for active traders, and Dynamic with high leverage. The selection is complemented by demo accounts, copy trading, and prediction markets.
Pros
- Three accounts for different strategies
- Unlimited demo accounts
- Copy trading and prediction markets are available
Cons
- No Islamic account
ThinkMarkets
ThinkMarkets offers two main types of accounts, but the variety of accounts is limited, and there are no accounts for certain groups of traders.
Pros
- Free VPS
- Ability to copy trades of successful traders
Cons
- Lack of cent accounts and fixed spread accounts
- No Islamic account
Commissions
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| Broker | Born2Trade | ThinkMarkets |
|---|---|---|
| Commissions | 3.5/5 | 2.3/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 1.4 | 1.2 |
| Commission | per 1 lot$2.50 | per 1 lot$3.50 |
Born2Trade
Born2Trade's fees are generally average: spreads on the Standard account are above market levels and swaps are not the most competitive, but the ECN commission of $5 per lot is below average. There is no inactivity fee, and withdrawals are sometimes free.
Pros
- ECN commission is below average
- No inactivity fee
- Fee-free withdrawal days are available
Cons
- Spreads on the Standard account are above average
- Some swaps are relatively high
- Withdrawals usually incur a fee outside special days
ThinkMarkets
ThinkMarkets has average market commissions, making it accessible for most traders. However, it should be noted that the broker charges some non-trading commissions.
Pros
- Transparent commission structure.
Cons
- Conversion fee for withdrawals in a currency other than the base currency.
- Inactivity fee.
Deposit and Withdrawal
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| Broker | Born2Trade | ThinkMarkets |
|---|---|---|
| Rating | 4/5 | 4/5 |
| Account Funding Methods |
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Born2Trade
Born2Trade offers a convenient range of payment methods. Deposits are free, while cryptocurrency withdrawals can be processed quickly.
Pros
- Fee-free deposits
- Fast cryptocurrency withdrawals
Cons
- Fees for standard withdrawals
- Card withdrawals can take up to 10 days
ThinkMarkets
The broker offers convenient methods for depositing and withdrawing funds, most of which are commission-free, however, there may be delays in withdrawals.
Pros
- Wide selection of deposit and withdrawal methods.
- No commission for most deposit and withdrawal cases.
Cons
- Conversion fee for withdrawals in a currency other than the base currency.
- Potential long withdrawal times due to meticulous transaction verification
Markets and Products
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| Broker | Born2Trade | ThinkMarkets |
|---|---|---|
| Markets and Products | 4.5/5 | 5/5 |
| Forex | 42 | 46 |
| Precious Metals | 6 | 10 |
| Energy Carriers | 3 | 3 |
| Soft Commodities | 7 | 3 |
| Indices | 15 | 15 |
| Stocks | 156 | 3305 |
| Cryptocurrency | 23 | 21 |
| ETF | - | 364 |
Born2Trade
Born2Trade offers more than 240 CFDs across 6 asset classes. The selection is fairly broad, and leverage of up to 1:5000 stands out compared with many brokers. However, the total number of instruments is lower than at major competitors.
Pros
- 6 asset classes
- More than 240 CFDs
- Leverage up to 1:5000
Cons
- Does not offer thousands of instruments like major brokers
- ECN and Dynamic are limited to Forex and metals
ThinkMarkets
ThinkMarkets offers a highly diverse range of trading instruments.
Trading Platforms
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| Broker | Born2Trade | ThinkMarkets |
|---|---|---|
| Rating | 4.5/5 | 5/5 |
| Trading Platforms |
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Born2Trade
Born2Trade offers two convenient and functional platforms: MT5 for advanced trading and Match-Trader for a simpler interface. The selection is not the broadest, but it meets the needs of most traders.
Pros
- MT5 with Expert Advisors and algorithmic trading
- User-friendly Match-Trader
- Web and mobile trading are available
Cons
- Only two platforms
- Match-Trader is available only for the Standard account
ThinkMarkets
ThinkMarkets offers a wide selection of platforms, including popular MetaTrader 4 and MetaTrader 5, as well as proprietary developments such as ThinkTrader and ThinkCopy.
Analytics
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| Broker | Born2Trade | ThinkMarkets |
|---|---|---|
| Rating | 4/5 | 4.5/5 |
Born2Trade
Born2Trade offers a good range of market analysis tools, but much of the functionality is based on TradingView, while the broker provides little in-depth proprietary analysis.
Pros
- Economic calendar
- TradingView screeners and signals
- News and market sentiment
Cons
- Many third-party tools
- Limited in-depth proprietary analysis
ThinkMarkets
ThinkMarkets provides high-quality analytical tools, making trading informative and productive.
Pros
- Extensive set of market analysis tools.
- Availability of Traders' Gym for strategy testing.
- Daily trading signals and market news.
Cons
- Some tools are only available for certain types of accounts.
Education
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| Broker | Born2Trade | ThinkMarkets |
|---|---|---|
| Rating | 2.5/5 | 4.7/5 |
Born2Trade
Born2Trade provides basic materials for beginners, but the range of formats is limited. There are no full courses, webinars, podcasts, or extensive video library.
Pros
- Covers the basics of analysis and risk management
- Useful Help Center
Cons
- No webinars
- No full courses
- Few videos or other formats
ThinkMarkets
ThinkMarkets offers high-quality educational materials covering a wide range of topics.
Pros
- Wide range of topics in articles.
- Webinars from experts.
- Materials for traders of all levels.
Cons
- Lack of video tutorials.
Customer Support
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| Broker | Born2Trade | ThinkMarkets |
|---|---|---|
| Rating | 4/5 | 5/5 |
| Email Support | ||
| Hotline Phones | ||
| Social Media |
Born2Trade
Born2Trade offers several convenient contact channels and 24/5 support. Responses are usually quick, but the small number of independent reviews makes it difficult to assess the consistency of the service with confidence.
Pros
- 24/5 support
- Chat, email, and phone support
- Responses are usually quick
Cons
- Few independent reviews
- Some complaints about delays
ThinkMarkets
ThinkMarkets offers a wide range of communication channels with support, including phone numbers in different countries, email, and online chat. Additionally, support is available 24/7, ensuring prompt assistance at any time of the day.
Comparisons of Born2Trade and ThinkMarkets with other brokers
Conclusion
When choosing between ThinkMarkets and Born2Trade, match their platforms, markets, account types and funding terms to your needs.
Before opening an account, verify fees, regulation, support and service availability for your country in the sections above.
FAQ
Which broker is better: Born2Trade or ThinkMarkets?
ThinkMarkets ranks higher than Born2Trade in our editorial ranking. That does not make it a universal choice: compare fees, markets, platforms, account types and support.
Which broker is better for beginners: Born2Trade or ThinkMarkets?
Beginners should compare availability in their country, account types, minimum deposit, trading platforms and customer support.
Who has lower typical trading costs (spreads/commissions) — Born2Trade or ThinkMarkets?
It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.
What trading platforms are available with Born2Trade and ThinkMarkets?
Born2Trade: MetaTrader 5, Match-Trader. ThinkMarkets: MetaTrader 4, MetaTrader 5, ThinkTrader. See the “Platforms” section for details and selection tips.
What markets can you trade with Born2Trade and ThinkMarkets?
Born2Trade: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, Cryptocurrency. ThinkMarkets: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by Born2Trade and ThinkMarkets?
Born2Trade: Standard, Dynamic, ECN. ThinkMarkets: Standard, ThinkZero. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by Born2Trade and ThinkMarkets?
Born2Trade: Google Pay, Apple Pay, Volet, Visa, Mastercard. ThinkMarkets: Neteller, Skrill, Bank Transfer, Visa, Mastercard. Check method-specific fees/settlement times.
Which broker is safer — Born2Trade or ThinkMarkets — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
