HF Markets vs ThinkMarkets Comparison: Which Is Better for Traders?
ThinkMarketsWe test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Who is better - HF Markets or ThinkMarkets?
Our pick: HF Markets
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - HF Markets looks preferable to ThinkMarkets.
HF Markets scored 4.3/5 and ranks 22 in our all Forex brokers list, whereas ThinkMarkets has 4/5 and ranks 46.
This is not financial advice. See the full comparison below.
Who is HF Markets suitable for?
HF Markets is suitable for traders of any level looking for a reliable broker with good trading conditions and support for MetaTrader 4 and 5.
Who is ThinkMarkets suitable for?
ThinkMarkets suits traders who value attractive trading conditions, a wide range of products, analytical tools, and educational materials.
Comparison Table of HF Markets and ThinkMarkets
| Broker | HF Markets | ThinkMarkets |
|---|---|---|
| Rating | 4.3/5 | 4/5 |
| Foundation Year | 2009 | 2009 |
| Regulated in Countries | Saint Vincent and the Grenadines, South Africa, Seychelles, Cyprus, United Kingdom, United Arab Emirates, Kenya | 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 | 1:2000 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | HF Markets Review | ThinkMarkets Review |
HF Markets Review
HF Markets is a reliable and appealing Forex broker, offering a wide selection of trading assets, a variety of account types, and access to the popular trading platforms MetaTrader 4 and MetaTrader 5. With its regulation and industry experience, the company has earned a reputation as a dependable partner for traders of varying experience levels.
HF Markets is recommended for those seeking a trustworthy and vetted broker with favorable trading conditions and customer support.
Pros and Cons of HF Markets
Pros
- Regulated by reputable financial authorities.
- Wide selection of trading assets.
- A variety of educational materials and analytical reviews.
Cons
- There is no alternative to MetaTrader.
- High swaps and wide spreads.
HF Markets 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
| Broker | HF Markets | ThinkMarkets |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2009 | 2009 |
| Regulated in Countries | Saint Vincent and the Grenadines, South Africa, Seychelles, Cyprus, United Kingdom, United Arab Emirates, Kenya | Seychelles, United Kingdom, Australia, Cyprus, South Africa, Japan, Cayman Islands |
| Regulators | SVGFSA SVGFSA FSCA FSCA SFSA SFSA - CySEC CySEC FCA FCA DFSA DFSA CMA CMA | SFSA SFSA - FCA FCA ASIC ASIC CySEC CySEC FSCA FSCA JFSA JFSA CIMA CIMA |
HF Markets
HF Markets is highly regulated and provides dependable services, safeguarding its clients' interests.
ThinkMarkets
The presence of licenses from authoritative regulators and a good reputation speak to the reliability of ThinkMarkets.
Account Opening
| Broker | HF Markets | ThinkMarkets |
|---|---|---|
| Account Opening | 5/5 | 4/5 |
| Minimum Deposit |
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HF Markets
The account opening process at HF Markets is simple and quick, with a user-friendly interface and standard 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
| Broker | HF Markets | ThinkMarkets |
|---|---|---|
| Account Types | 5/5 | 3.3/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:2000 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
HF Markets
The broker offers a range of accounts to satisfy the needs of diverse traders.
Pros
- A wide selection of account types to suit different requirements.
- Specialized accounts, such as Cent and Islamic accounts.
- The opportunity to copy trades from successful traders.
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
| Broker | HF Markets | ThinkMarkets |
|---|---|---|
| Commissions | 2/5 | 2.3/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 1.5 | 1.2 |
| Commission per Lot | $3 | $3.5 |
HF Markets
HF Markets' commissions are above average for the market.
Pros
- No fees for deposits/withdrawals.
Cons
- Spreads are above average
- High swaps for long-term trading.
- 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
- Transparent commission structure.
Cons
- Conversion fee for withdrawals in a currency other than the base currency.
- Inactivity fee.
Deposit and Withdrawal
| Broker | HF Markets | ThinkMarkets |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Account Funding Methods |
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HF Markets
HF Markets provides many deposit and withdrawal methods, making the broker convenient for many traders.
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
| Broker | HF Markets | ThinkMarkets |
|---|---|---|
| Markets and Products | 4.5/5 | 5/5 |
| Forex | 53 | 46 |
| Precious Metals | 6 | 10 |
| Energy Carriers | 2 | 3 |
| Soft Commodities | 5 | 3 |
| Indices | 11 | 15 |
| Stocks | 95 | 3305 |
| ETF | 33 | 364 |
| Bonds | 3 | - |
| Cryptocurrency | 40 | 21 |
HF Markets
HF Markets offers a wide selection of trading assets, though it has a limited choice of stocks.
ThinkMarkets
ThinkMarkets offers a highly diverse range of trading instruments.
Trading Platforms
| Broker | HF Markets | ThinkMarkets |
|---|---|---|
| Rating | 4.5/5 | 5/5 |
| Trading Platforms |
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HF Markets
HF Markets offers a wide choice of reliable and functional platforms, making it attractive to traders of various levels.
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
| Broker | HF Markets | ThinkMarkets |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
HF Markets
HF Markets offers an impressive set of analytical tools and up-to-date news from experts, facilitating 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
| Broker | HF Markets | ThinkMarkets |
|---|---|---|
| Rating | 5/5 | 4.7/5 |
HF Markets
HF Markets' educational materials are extensive and in-depth, allowing traders of all levels to improve their skills and strategies.
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
| Broker | HF Markets | ThinkMarkets |
|---|---|---|
| Rating | 4.2/5 | 5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Facebook
Twitter
Telegram
Instagram
YouTube
LinkedInHF Markets
HF Markets' customer support is efficient, available through various channels, and responds quickly.
Pros
- Variety of communication channels (email, phone, online chat).
- Quick and professional response.
- Positive user feedback.
Cons
- Absence of instant messaging for quick communication.
- Lack of national phone lines.
- Support is limited to working days (24/5).
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 HF Markets and ThinkMarkets with other brokers
Conclusion
HF Markets stands out as the better overall pick, while ThinkMarkets trails on aggregate criteria.
HF Markets scored 4.3/5 and ranks 22 in our rating; ThinkMarkets has 4/5 and ranks 46.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: HF Markets or ThinkMarkets?
HF Markets comes out ahead by overall rank (score 4.3/5, position 22) versus ThinkMarkets (score 4/5, position 46).
Which broker is better for beginners: HF Markets or ThinkMarkets?
HF Markets is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.
Who has lower typical trading costs (spreads/commissions) — HF Markets 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 HF Markets and ThinkMarkets?
HF Markets: MetaTrader 4, MetaTrader 5, WebTrader. ThinkMarkets: MetaTrader 4, MetaTrader 5, ThinkTrader. See the “Platforms” section for details and selection tips.
What markets can you trade with HF Markets and ThinkMarkets?
HF Markets: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, 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 HF Markets and ThinkMarkets?
HF Markets: Cent, Premium, Zero, Pro. ThinkMarkets: Standard, ThinkZero. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by HF Markets and ThinkMarkets?
HF Markets: Skrill, Perfect Money, FasaPay, BitPay, Bank Transfer, Visa, Mastercard. ThinkMarkets: Neteller, Skrill, Perfect Money, Bank Transfer, Visa, Mastercard. Check method-specific fees/settlement times.
Which broker is safer — HF Markets or ThinkMarkets — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
