ThinkMarkets vs World Forex Comparison: Which Is Better for Traders?
ThinkMarkets
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 - ThinkMarkets or World Forex?
Our pick: ThinkMarkets
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - ThinkMarkets looks preferable to World Forex.
ThinkMarkets scored 4/5 and ranks 46 in our all Forex brokers list, whereas World Forex has 4/5 and ranks 48.
This is not financial advice. See the full comparison below.
Who is ThinkMarkets suitable for?
ThinkMarkets suits traders who value attractive trading conditions, a wide range of products, analytical tools, and educational materials.
Who is World Forex suitable for?
World Forex is suitable for beginners and experienced traders thanks to narrow spreads and a wide selection of trading accounts.
Comparison Table of ThinkMarkets and World Forex
| Broker | ThinkMarkets | World Forex |
|---|---|---|
| Rating | 4/5 | 4/5 |
| Foundation Year | 2009 | 2007 |
| Regulated in Countries | Seychelles, United Kingdom, Australia, Cyprus, South Africa, Japan, Cayman Islands | Saint Vincent and the Grenadines, Vanuatu |
| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:500 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | ThinkMarkets Review | World Forex Review |
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.
World Forex Review
World Forex offers traders a variety of trading accounts and competitive conditions with low spreads, making it an attractive choice for clients interested in saving on trading costs. Support for the popular MetaTrader 4 and MetaTrader 5 trading platforms guarantees a high level of convenience and functionality, while a large selection of payment systems and the broker's coverage of deposit fees simplify financial transactions.
WForex is best suited for active traders who prefer short-term trading and can take advantage of low spreads and a wide choice of payment systems. The broker will be less attractive for beginners due to the lack of training resources and for those looking for long-term investment opportunities due to high swaps.
Pros and Cons of World Forex
Pros
- Various trading accounts.
- Low spreads.
- Availability of popular trading platforms.
- A wide range of payment systems and broker-covered commissions on deposits.
Cons
- Limited selection of educational materials.
- There is an absence of soft commodities and indices.
- High swaps.
World Forex is in the top 10 of the following ratings:
Reliability
| Broker | ThinkMarkets | World Forex |
|---|---|---|
| Reliability | 5/5 | 3.6/5 |
| Foundation Year | 2009 | 2007 |
| Regulated in Countries | Seychelles, United Kingdom, Australia, Cyprus, South Africa, Japan, Cayman Islands | Saint Vincent and the Grenadines, Vanuatu |
| Regulators | SFSA SFSA - FCA FCA ASIC ASIC CySEC CySEC FSCA FSCA JFSA JFSA CIMA CIMA | SVGFSA SVGFSA VFSC VFSC - |
ThinkMarkets
The presence of licenses from authoritative regulators and a good reputation speak to the reliability of ThinkMarkets.
World Forex
World Forex is a member of the Financial Commission (FinaCom), and the quality of order execution on the broker's platform is analyzed monthly by the VerifyMyTrade service. However, WForex is regulated in offshore jurisdictions.
Pros
- Monthly audit and certification of orders.
- Trader protection through a compensation fund.
Cons
- Regulated in offshore jurisdictions.
Account Opening
| Broker | ThinkMarkets | World Forex |
|---|---|---|
| Account Opening | 4/5 | 5/5 |
| Minimum Deposit |
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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.
World Forex
Considering that a minimal amount of information is required for registration and the verification process is standard, it can be said that the account opening process at WorldForex is quite simple and convenient.
Account Types
| Broker | ThinkMarkets | World Forex |
|---|---|---|
| Account Types | 3.3/5 | 5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:500 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free 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
World Forex
WorldForex offers a variety of account types, meeting the needs of different traders, making it a versatile choice.
Pros
- Wide selection of account types, including specialized accounts.
- Availability of a demo account and copy trading services.
Commissions
| Broker | ThinkMarkets | World Forex |
|---|---|---|
| Commissions | 2.3/5 | 3.5/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 1.2 | |
| Commission per Lot | $3.5 |
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.
World Forex
Low spreads make trading accessible, but relatively high swaps and standard margin rates can increase the overall cost of trading, especially for traders using long-term trading strategies.
Deposit and Withdrawal
| Broker | ThinkMarkets | World Forex |
|---|---|---|
| Rating | 4/5 | 4.5/5 |
| Account Funding Methods |
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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
World Forex
WorldForex provides convenient and fairly quick methods for depositing and withdrawing funds, but high commissions for withdrawals by payment systems can sometimes be an issue for clients.
Markets and Products
| Broker | ThinkMarkets | World Forex |
|---|---|---|
| Markets and Products | 5/5 | 3/5 |
| Forex | 46 | 55 |
| Precious Metals | 10 | 4 |
| Energy Carriers | 3 | 2 |
| Soft Commodities | 3 | - |
| Indices | 15 | - |
| Stocks | 3305 | 46 |
| ETF | 364 | - |
| Cryptocurrency | 21 | 17 |
ThinkMarkets
ThinkMarkets offers a highly diverse range of trading instruments.
World Forex
The World Forex product range is limited but covers the main asset categories.
Pros
- A large number of currency pairs.
- Spot metals and oil.
- Availability of CFDs on cryptocurrencies.
Cons
- No soft commodities and indices.
- Relatively small number of CFDs on stocks.
- Lack of opportunities for extended portfolio diversification.
Trading Platforms
| Broker | ThinkMarkets | World Forex |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| Trading Platforms |
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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.
World Forex
World Forex trading platforms offer a wide range of functionalities and ease of use, although the broker lacks an alternative to MetaTrader for mobile and desktop devices.
Analytics
| Broker | ThinkMarkets | World Forex |
|---|---|---|
| Rating | 4.5/5 | 4.5/5 |
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.
World Forex
World Forex offers a decent set of tools for market analysis. However, the analytics section could be more diverse and include additional analytical tools or signals to better support traders.
Education
| Broker | ThinkMarkets | World Forex |
|---|---|---|
| Rating | 4.7/5 | 2/5 |
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.
World Forex
The education section of the World Forex broker provides basic information for beginners, but is limited in scope and learning formats. Expanding and diversifying educational materials could improve its usefulness and appeal to traders.
Customer Support
| Broker | ThinkMarkets | World Forex |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Twitter
Facebook
YouTube
LinkedIn
Instagram
Telegram
VK
OK
TradingViewThinkMarkets
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.
World Forex
The technical support section of World Forex offers a variety of communication channels, ensuring accessibility and convenience for clients.
Comparisons of ThinkMarkets and World Forex with other brokers
Conclusion
ThinkMarkets stands out as the better overall pick, while World Forex trails on aggregate criteria.
ThinkMarkets scored 4/5 and ranks 46 in our rating; World Forex has 4/5 and ranks 48.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: ThinkMarkets or World Forex?
ThinkMarkets comes out ahead by overall rank (score 4/5, position 46) versus World Forex (score 4/5, position 48).
Which broker is better for beginners: ThinkMarkets or World Forex?
ThinkMarkets 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) — ThinkMarkets or World Forex?
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 ThinkMarkets and World Forex?
ThinkMarkets: MetaTrader 4, MetaTrader 5, ThinkTrader. World Forex: MetaTrader 5, MetaTrader 4, WebTrader. See the “Platforms” section for details and selection tips.
What markets can you trade with ThinkMarkets and World Forex?
ThinkMarkets: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Cryptocurrency. World Forex: Forex, Precious Metals, Energy Carriers, Stocks, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by ThinkMarkets and World Forex?
ThinkMarkets: Standard, ThinkZero. World Forex: W-CENT-fix, W-PROFI-fix, W-CENT, W-PROFI, W-CRYPTO. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by ThinkMarkets and World Forex?
ThinkMarkets: Neteller, Skrill, Perfect Money, Bank Transfer, Visa, Mastercard. World Forex: Payeer, Perfect Money, Volet, Moneta.ru, Apple Pay, Google Pay, Wallet One, Swift, Visa, Mastercard, Сбербанк Онлайн, Тинькофф Банк, Альфа Банк, Промсвязьбанк, Русский Стандарт, Homebank.kz, Privat24. Check method-specific fees/settlement times.
Which broker is safer — ThinkMarkets or World Forex — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
