FBS vs ThinkMarkets Comparison
Compare trading conditions, commissions and platforms of Forex brokers FBS 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 - FBS 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.
FBS
- Minimum deposit · USD
- 5 USD
- Different platforms
- FBS Trader
- Different markets
- None listed
ThinkMarkets
- Minimum deposit · USD
- 1 USD
- Different platforms
- ThinkTrader
- Different markets
- Soft Commodities
- ETF
Comparison Table of FBS and ThinkMarkets
Swipe the table left or right to view all data.
| Broker | FBS | ThinkMarkets |
|---|---|---|
| Foundation Year | 2008 | 2010 |
| Regulated in Countries | Belize, Cyprus, Australia, South Africa | Seychelles, United Kingdom, Australia, Cyprus, South Africa, Japan, Cayman Islands |
| Minimum Deposit |
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| Spread | from 0.7 points | from 0 points |
| Max Leverage | 1:3000 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | FBS Review | ThinkMarkets Review |
FBS Review
FBS is a reliable choice for traders who value a secure and regulated trading environment, complemented by a robust selection of educational resources and trading tools. It is particularly well-suited for those new to trading or looking to expand their knowledge and experienced traders focusing on a diverse range of assets. Despite its limitations in account types and currency options, FBS's strengths in providing competitive trading conditions and comprehensive support make it a commendable broker for a broad spectrum of traders.
Pros and Cons of FBS
Pros
- Regulated by major international organizations.
- Low spreads and commissions.
- Wide range of trading assets.
- Extensive database of educational materials and analytical tools.
- Support for various trading platforms.
Cons
- Limited choice of trading accounts.
- Limited choice of account currency.
FBS is in the top 10 of the following ratings:
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 | FBS | ThinkMarkets |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2008 | 2010 |
| Regulated in Countries | Belize, Cyprus, Australia, South Africa | Seychelles, United Kingdom, Australia, Cyprus, South Africa, Japan, Cayman Islands |
| Regulators |
FBS
FBS is a reliable and regulated broker, overseen by several international bodies, ensuring client security and transparency.
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 | FBS | ThinkMarkets |
|---|---|---|
| Account Opening | 4.5/5 | 4/5 |
| Minimum Deposit |
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FBS
The account opening process at FBS is fast, clear, and relatively simple, although the verification procedure may take some time.
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 | FBS | ThinkMarkets |
|---|---|---|
| Account Types | 3/5 | 3.3/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.7 points | from 0 points |
| Max Leverage | 1:3000 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
FBS
FBS offers only one trading account but with additional services.
Pros
- Availability of demo accounts for practice.
- The possibility of automated trading.
Cons
- Lack of investment accounts (PAMM, copy trading).
- Insufficient variety of trading accounts.
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 | FBS | ThinkMarkets |
|---|---|---|
| Commissions | 3.5/5 | 2.3/5 |
| Spread | from 0.7 points | from 0 points |
| Average Spread (EURUSD) | 0.9 | 1.2 |
| Commission | No data | per 1 lot$3.50 |
FBS
FBS's commissions are average for the market.
Pros
- Low spreads.
Cons
- Possible withdrawal fees in the absence of trading activity.
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 | FBS | ThinkMarkets |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Account Funding Methods |
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FBS
FBS offers many deposit and withdrawal methods with high flexibility and accessibility.
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 | FBS | ThinkMarkets |
|---|---|---|
| Markets and Products | 4/5 | 5/5 |
| Forex | 43 | 46 |
| Precious Metals | 8 | 10 |
| Energy Carriers | 3 | 3 |
| Indices | 11 | 15 |
| Stocks | 480 | 3305 |
| Cryptocurrency | 5 | 21 |
| Soft Commodities | - | 3 |
| ETF | - | 364 |
FBS
FBS provides a broad spectrum of trading assets, albeit with a limited selection of stocks and cryptocurrencies.
ThinkMarkets
ThinkMarkets offers a highly diverse range of trading instruments.
Trading Platforms
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| Broker | FBS | ThinkMarkets |
|---|---|---|
| Rating | 4.5/5 | 5/5 |
| Trading Platforms |
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FBS
FBS has a wide choice of trading platforms, meeting the needs of different traders.
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 | FBS | ThinkMarkets |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
FBS
FBS offers extensive and high-quality analytical tools that contribute to effective trading.
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 | FBS | ThinkMarkets |
|---|---|---|
| Rating | 5/5 | 4.7/5 |
FBS
FBS provides comprehensive educational materials suitable for traders at all levels.
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 | FBS | ThinkMarkets |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Email Support | ||
| Hotline Phones | ||
| Social Media |
FBS
The technical support of FBS operates 24/7, is multilingual, and offers prompt problem resolution.
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 FBS and ThinkMarkets with other brokers
Conclusion
When choosing between FBS and ThinkMarkets, 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: FBS or ThinkMarkets?
FBS ranks higher than ThinkMarkets 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: FBS 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) — FBS 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 FBS and ThinkMarkets?
FBS: MetaTrader 4, MetaTrader 5, FBS Trader. ThinkMarkets: MetaTrader 4, MetaTrader 5, ThinkTrader. See the “Platforms” section for details and selection tips.
What markets can you trade with FBS and ThinkMarkets?
FBS: Forex, Precious Metals, Energy Carriers, 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 FBS and ThinkMarkets?
FBS: Standard. ThinkMarkets: Standard, ThinkZero. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by FBS and ThinkMarkets?
FBS: Neteller, Skrill, SticPay, Visa, Mastercard, Maestro. ThinkMarkets: Neteller, Skrill, Bank Transfer, Visa, Mastercard. Check method-specific fees/settlement times.
Which broker is safer — FBS or ThinkMarkets — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
