Broker comparison

Darwinex vs ThinkMarkets Comparison

Compare trading conditions, commissions and platforms of Forex brokers Darwinex and ThinkMarkets. Find out which broker is best for you.

VS summaryScores and ranking at a glance
Darwinex
Rating
4.1/5
Rank
#74
Register

Trading CFDs carries high risks. You may lose all invested funds

ThinkMarketsHigher ranked
Rating
4/5
Rank
#50
Register

67.99-69.82% of retail investors lose money when trading CFDs with this broker

  • Conditions, fees and platforms compared
  • Ratings and ranking positions checked
  • Based on our review methodology
How we compare brokers
Updated
Author · Editor

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 - Darwinex or ThinkMarkets?

Quick comparison

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.

Methodology

Ratings and ranks

ThinkMarkets ranks higher in the editorial ranking.
Darwinex
Rating: 4.1/5Rank: #74
ThinkMarkets
Rating: 4/5Rank: #50

Darwinex

Minimum deposit · USD
500 USD
Different platforms
  • DXtrade
  • TradingView
  • Trader WorkStation (TWS)
  • WebTrader
  • Ninja Trader
  • MultiCharts
  • IB Gateway
Different markets
None listed

ThinkMarkets

Minimum deposit · USD
1 USD
Different platforms
  • ThinkTrader
Different markets
  • Soft Commodities

This material is not personalized financial advice. Terms and service availability vary by country.

Full broker ranking

Comparison Table of Darwinex and ThinkMarkets

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Overview: comparison of Darwinex, ThinkMarkets
BrokerDarwinexThinkMarkets
Foundation Year
2012
2010
Regulated in Countries
United Kingdom, Spain, Seychelles
Seychelles, United Kingdom, Australia, Cyprus, South Africa, Japan, Cayman Islands
Minimum Deposit
  • 500 EUR
  • 500 GBP
  • 500 USD
  • 1 USD
Spread
from 0 points
from 0 points
Max Leverage
1:30
1:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • DXtrade
  • TradingView
  • Trader WorkStation (TWS)
  • WebTrader
  • Ninja Trader
  • MultiCharts
  • IB Gateway
  • MetaTrader 4
  • MetaTrader 5
  • ThinkTrader
Review

Darwinex Review

Darwinex Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Indices Stocks ETF Cryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5DXtradeTradingViewTrader WorkStation (TWS)WebTraderNinja TraderMultiChartsIB Gateway

Darwinex is a specialized broker and investment platform that differs significantly from traditional Forex and CFD companies. It combines conventional trading with Interactive Brokers' infrastructure and the proprietary DARWIN ecosystem, which allows traders to turn a trading strategy into an investment product and attract capital from other investors. Based on its regulation, trading conditions, platforms, and available features, Darwinex appears to be a strong broker, although some services are more specialized and require a certain level of experience.

Darwinex is best suited to experienced, systematic, and algorithmic traders who want to analyze their strategies' results in detail, trade through MT4/MT5 or TradingView and potentially attract investor capital through DARWIN. The broker may also appeal to stock and futures traders thanks to its integration with Interactive Brokers.

Pros and Cons of Darwinex

Pros

  1. Reliable regulation by the FCA and CNMV, segregation of funds, and compensation schemes for UK/EU clients.
  2. Wide choice of platforms: MT4, MT5, TradingView and DXtrade.
  3. A unique DARWIN system for attracting investor capital.
  4. Competitive trading commissions and rebates up to 40%.
  5. Access to stocks, ETFs, and futures through Interactive Brokers.

Cons

  1. Limited choice of deposit and withdrawal methods.
  2. Market-average swaps and an inactivity fee.
  3. Limited educational materials.
  4. No 24/5 or 24/7 support.

ThinkMarkets Review

ThinkMarkets Logo
Register67.99-69.82% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Cryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5ThinkTrader

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

  1. Wide range of trading platforms.
  2. Strong analytical support.
  3. Extensive educational materials.
  4. 24/7 technical support.

Cons

  1. Limited choice of trading accounts.
  2. Withdrawal fees and account inactivity fees.

Reliability

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Reliability: comparison of Darwinex, ThinkMarkets
BrokerDarwinexThinkMarkets
Reliability
5/5
5/5
Foundation Year
2012
2010
Regulated in Countries
United Kingdom, Spain, Seychelles
Seychelles, United Kingdom, Australia, Cyprus, South Africa, Japan, Cayman Islands
Regulators

Darwinex

Darwinex stands out for its high level of reliability due to regulation by the FCA and the CNMV, the segregation of funds, and compensation schemes.

Pros

  1. Regulated by the FCA and the CNMV.
  2. Segregation of client funds.
  3. Compensation of up to £85 000 in the UK and up to €100 000 in the EU.

ThinkMarkets

The presence of licenses from authoritative regulators and a good reputation speak to the reliability of ThinkMarkets.

Account Opening

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Account Opening: comparison of Darwinex, ThinkMarkets
BrokerDarwinexThinkMarkets
Account Opening
4/5
4/5
Minimum Deposit
  • 500 USD
  • 500 EUR
  • 500 GBP
  • 1 USD

Darwinex

Opening an account with Darwinex is fully online and usually takes up to one business day. The process is well organized but requires a more detailed questionnaire and more documents than many CFD brokers.

Pros

  1. Fully online registration.
  2. Verification usually takes 1 business day.

Cons

  1. Detailed financial questionnaire.
  2. Additional documents may be requested.
  3. The base currency cannot be changed after verification.

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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Account Types: comparison of Darwinex, ThinkMarkets
BrokerDarwinexThinkMarkets
Account Types
4.5/5
3.3/5
Trading Accounts
  • CFD
  • Classic
  • DARWIN of Stocks
  • DARWIN of Futures
  • Standard
  • ThinkZero
Minimum Deposit
  • 500 USD
  • 500 EUR
  • 500 GBP
  • 1 USD
Spread
from 0 points
from 0 points
Max Leverage
1:30
1:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • DXtrade
  • TradingView
  • Trader WorkStation (TWS)
  • WebTrader
  • Ninja Trader
  • MultiCharts
  • IB Gateway
  • MetaTrader 4
  • MetaTrader 5
  • ThinkTrader
Demo Account
Yes
Yes
Swap-free Account
No
No

Darwinex

Darwinex offers a wide range of accounts for self-directed trading, investing, and raising capital. The structure is particularly well suited to active and professional traders but does not cater to all client categories.

Pros

  1. CFD and IBKR accounts.
  2. Investment portfolios and DARWIN.
  3. Demo and corporate accounts are available.

Cons

  1. No Islamic account.
  2. The account structure may be complex for beginners.

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

  1. Free VPS
  2. Ability to copy trades of successful traders

Cons

  1. Lack of cent accounts and fixed spread accounts
  2. No Islamic account

Commissions

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Commissions: comparison of Darwinex, ThinkMarkets
BrokerDarwinexThinkMarkets
Commissions
4/5
2.3/5
Spread
from 0 points
from 0 points
Average Spread (EURUSD)
0.3
1.2
Commission
per 1 lot$2.85
per 1 lot$3.50

Darwinex

Fees at Darwinex are generally below average: spreads are tight, trading commissions are competitive, and rebates can further reduce costs. Swaps remain average.

Pros

  1. Low spreads.
  2. Competitive trading commissions.
  3. Rebates up to 40%.

Cons

  1. Market-average swaps.
  2. There is an account inactivity fee.

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

  1. Transparent commission structure.

Cons

  1. Conversion fee for withdrawals in a currency other than the base currency.
  2. Inactivity fee.

Deposit and Withdrawal

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Deposit and Withdrawal: comparison of Darwinex, ThinkMarkets
BrokerDarwinexThinkMarkets
Rating
3.5/5
4/5
Account Funding Methods
  • Skrill
  • Bank Transfer
  • UnionPay
  • Visa
  • Mastercard
  • Neteller
  • Skrill
  • Bank Transfer
  • Visa
  • Mastercard

Darwinex

Deposits and withdrawals at Darwinex are fairly convenient and fast, but the choice of methods is limited. The main drawbacks are the lack of cryptocurrencies and additional costs for some withdrawal methods.

Pros

  1. Fast deposits via card and Skrill.
  2. Straightforward system via Darwinex Wallet.

Cons

  1. Limited choice of payment methods.
  2. No cryptocurrencies.
  3. A fee applies to withdrawals via card and Skrill.

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

  1. Wide selection of deposit and withdrawal methods.
  2. No commission for most deposit and withdrawal cases.

Cons

  1. Conversion fee for withdrawals in a currency other than the base currency.
  2. Potential long withdrawal times due to meticulous transaction verification

Markets and Products

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Markets and Products: comparison of Darwinex, ThinkMarkets
BrokerDarwinexThinkMarkets
Markets and Products
4/5
5/5
Forex
42
46
Precious Metals
2
10
Energy Carriers
2
3
Indices
10
15
Stocks
800
3305
ETF
100
364
Cryptocurrency
7
21
Soft Commodities
-
3

Darwinex

Darwinex offers a wide range of markets thanks to the combination of CFDs and Interactive Brokers accounts. The selection is well suited to active traders, although the choice remains limited in certain asset classes.

Pros

  1. Forex, stocks, ETFs, indices, and commodities.
  2. Access to futures through IBKR.

Cons

  1. Some markets are available only through IBKR.
  2. Limited choice of indices and commodities.
  3. Cryptocurrencies are not available to all clients.

ThinkMarkets

ThinkMarkets offers a highly diverse range of trading instruments.

Trading Platforms

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Trading Platforms: comparison of Darwinex, ThinkMarkets
BrokerDarwinexThinkMarkets
Rating
5/5
5/5
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • DXtrade
  • TradingView
  • Trader WorkStation (TWS)
  • WebTrader
  • Ninja Trader
  • MultiCharts
  • IB Gateway
  • MetaTrader 4
  • MetaTrader 5
  • ThinkTrader

Darwinex

Darwinex offers a wide range of platforms with robust functionality. MT4/MT5, TradingView and DXtrade are suitable for manual and algorithmic trading as well as advanced analysis.

Pros

  1. Wide choice of platforms.
  2. Support for algorithmic trading.
  3. Integration with TradingView.

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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Analytics: comparison of Darwinex, ThinkMarkets
BrokerDarwinexThinkMarkets
Rating
3.5/5
4.5/5

Darwinex

Analytics from Darwinex are particularly strong for assessing trading strategies and risks, but the broker trails more versatile competitors in conventional market reviews, news, and signals.

Pros

  1. In-depth strategy analysis.
  2. Detailed risk and return statistics.

Cons

  1. Little proprietary market analysis.
  2. No comprehensive trading signals section.
  3. A limited number of expert reviews.

ThinkMarkets

ThinkMarkets provides high-quality analytical tools, making trading informative and productive.

Pros

  1. Extensive set of market analysis tools.
  2. Availability of Traders' Gym for strategy testing.
  3. Daily trading signals and market news.

Cons

  1. Some tools are only available for certain types of accounts.

Education

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Education: comparison of Darwinex, ThinkMarkets
BrokerDarwinexThinkMarkets
Rating
2.5/5
4.7/5

Darwinex

Darwinex's educational resources are useful for traders already familiar with the market but are less varied in format than those of competitors: the main focus is on articles and guides, with no structured courses or regular webinars.

Pros

  1. Useful articles and guides.

Cons

  1. No comprehensive academy.
  2. Few video formats.
  3. No regular webinars or podcasts.

ThinkMarkets

ThinkMarkets offers high-quality educational materials covering a wide range of topics.

Pros

  1. Wide range of topics in articles.
  2. Webinars from experts.
  3. Materials for traders of all levels.

Cons

  1. Lack of video tutorials.

Customer Support

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Customer Support: comparison of Darwinex, ThinkMarkets
BrokerDarwinexThinkMarkets
Rating
3.5/5
5/5
Email Support
Hotline Phones
Social Media

Darwinex

Support at Darwinex is fairly professional and offers several contact channels, but its limited hours and lack of 24/5 service lower the overall rating.

Pros

  1. Email, phone, and contact forms.
  2. There is a channel for urgent trading issues.
  3. Generally professional responses.

Cons

  1. No 24/5 or 24/7 support.
  2. Complex inquiries may take a long time to resolve.

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 Darwinex and ThinkMarkets with other brokers

Conclusion

When choosing between ThinkMarkets and Darwinex, 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: Darwinex or ThinkMarkets?

ThinkMarkets ranks higher than Darwinex 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: Darwinex 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) — Darwinex 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 Darwinex and ThinkMarkets?

Darwinex: MetaTrader 4, MetaTrader 5, DXtrade, TradingView, Trader WorkStation (TWS), WebTrader, Ninja Trader, MultiCharts, IB Gateway. ThinkMarkets: MetaTrader 4, MetaTrader 5, ThinkTrader. See the “Platforms” section for details and selection tips.

What markets can you trade with Darwinex and ThinkMarkets?

Darwinex: Forex, Precious Metals, Energy Carriers, Indices, Stocks, ETF, 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 Darwinex and ThinkMarkets?

Darwinex: CFD, Classic, DARWIN of Stocks, DARWIN of Futures. ThinkMarkets: Standard, ThinkZero. See “Account Types” for a side-by-side comparison.

What deposit and withdrawal methods are supported by Darwinex and ThinkMarkets?

Darwinex: Skrill, Bank Transfer, UnionPay, Visa, Mastercard. ThinkMarkets: Neteller, Skrill, Bank Transfer, Visa, Mastercard. Check method-specific fees/settlement times.

Which broker is safer — Darwinex or ThinkMarkets — and how was this assessed?

We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.