Head to head

FxPro vs ThinkMarkets

FxPro is licensed by FCA in the United Kingdom, CySEC in the European Union and SCB in The Bahamas, and also has an offshore registration. ThinkMarkets is licensed by FCA in the United Kingdom; CySEC in the European Union; ASIC in Australia; DFSA in Dubai (DIFC), UAE and FSCA in South Africa, and also has an offshore registration. The licence that applies to you depends on where you live, so check which company you would contract with before comparing anything else.

On its cheapest account per lot, FxPro costs about $9.6 per standard lot on EUR/USD (Raw+ account: 0.3 pips plus $7 commission); ThinkMarkets costs about $11 (Standard account: 1.1 pips, no commission). On these typical figures FxPro is $1.4 cheaper per lot, or $14 a month at 10 lots. Swap and other fees are extra.

Minimum deposits start at $0 at FxPro and $10 at ThinkMarkets (the Standard account needs $50). Only FxPro offers negative balance protection. Both offer segregated client money.

Facts last checked: FxPro on 20 October 2026, ThinkMarkets on 20 October 2026.

Broker 1
Broker 2
Broker 3

Monthly cost uses the account chosen in each slot: cost per lot × your lots. Swap and other fees are extra. The lowest monthly cost is highlighted only as a fact about cost, not as a recommendation.

Comparing
FxProRaw+ account · United Kingdom
ThinkMarketsStandard account · United Kingdom

Overview

Founded
Not yet checked
2010
Headquarters
London, United Kingdom
Not yet checked
Official websites
  • fxpro.com
  • fxpro.co.uk
  • thinkmarkets.com
Facts last checked
20 October 2026
20 October 2026

Regulation and protection

Company you would contract with
FxPro UK Limited
TF Global Markets (UK) Limited
FCA
United Kingdom
FCA
United Kingdom
Regulation level
Strictly regulated
Strictly regulated
Clients this company serves
UK residents
UK residents
All licences held
  • FCA (United Kingdom)
  • CySEC (European Union)
  • SCB (The Bahamas)
  • FSA Seychelles (Seychelles)
  • FCA (United Kingdom)
  • CySEC (European Union)
  • ASIC (Australia)
  • DFSA (Dubai (DIFC), UAE)
  • FSCA (South Africa)
  • FSA Seychelles (Seychelles)
FSCS for eligible clients of FxPro UK Limited; ICF for eligible clients of the Cyprus company
FSCS up to £85,000 (UK); ICF up to €20,000 (Cyprus); none for the Seychelles company

Costs

Your monthly cost
$96$9.6 per lot × 10 lots
$110$11 per lot × 10 lots
0.2 pips
0.4 pips
0.3 pips
1.1 pips
Typical GBP/USD spread
Not yet checked
1.3 pips
Typical USD/JPY spread
Not yet checked
1.4 pips
Typical XAU/USD spread
Not yet checked
Not yet checked

Leverage and margin

1:30 on major pairs for UK and EU retail clients; dynamic leverage with no fixed cap on major pairs at the Bahamas company
1:30 on major pairs (UK, EU, Australia); up to 500:1 (2500:1 on ThinkTrader) at the Seychelles company
Retail leverage by asset class
  • Major currency pairs: 1:30 (UK/EU); dynamic, no fixed cap (Bahamas)
  • Minor currency pairs: 1:20 (UK/EU); 1:500 (Bahamas)
  • Gold: 1:20 (UK/EU); 1:10000 (Bahamas)
  • Major indices: 1:20 (UK/EU); 1:500 (Bahamas)
  • Energies: 1:10 (UK/EU); 1:200 (Bahamas)
  • Shares and ETFs: 1:5 (UK/EU); 1:25 (Bahamas)
  • Cryptocurrencies: 1:2 (UK/EU); 1:500 (Bahamas)
  • Major currency pairs (UK: 1:30
  • Currency pairs: up to 500:1
  • ThinkTrader account (Seychelles company): up to 2500:1
Not yet checked
Not yet checked
Stop-out level
50% for UK and EU retail accounts; FxPro states 0% for accounts at its global entity
50% (forced liquidation level)

Account

Minimum deposit (this account)
$0
$50
Not yet checked
USD, USDt, AUD, GBP, EUR, SGD, CHF
Market execution, raw spread plus $3.50 per side commission (MT4 and MT5)
Spread only, no commission (MT4, MT5)

Platforms and features

Platforms
  • FxPro platform and app
  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • TradingView
  • ThinkTrader
  • MetaTrader 4
  • MetaTrader 5
  • TradingView
Markets
2,100+ CFDs on forex, metals, indices, energy, futures, cryptocurrencies, shares and ETFs
Forex, commodities, indices, crypto, stocks, ETFs and futures CFDs (up to 4,000 instruments on ThinkTrader)
Copy trading
No
Not yet checked
Expert advisors (automated trading)
Yes
Yes
News trading allowed
Not yet checked
Not yet checked
Guaranteed stops
Not yet checked
Not yet checked

Deposits and withdrawals

Deposit methods
  • Bank transfer
  • Local bank transfer
  • Debit or credit card
  • E-wallet
  • Bank wire
  • Visa
  • Mastercard
  • Apple Pay
  • Google Pay
  • Neteller
  • Crypto
Withdrawal fee
No FxPro fee on deposits or withdrawals; e-wallet withdrawals may be charged if you have not traded
No fee on any funding method (international site)
Inactivity fee
None stated; live accounts are disabled after 3 months without activity and can be reactivated on request
Not yet checked

Support

Customer support
24/5 by live chat, email and phone
Not yet checked

Our notes

Strengths
  • UK company authorised by the FCA and EU company licensed by CySEC, both strict regulators
  • Client money held in segregated accounts, with negative balance protection for all clients
  • Raw+ account costs about $9.60 per lot on EUR/USD, against about $14.90 on Standard
  • Licensed by the FCA, CySEC and ASIC, with client money in segregated accounts
  • Publishes target (typical) spreads for the Standard account, such as 1.1 pips on EUR/USD
  • No deposit or withdrawal fees on the international site's funding methods
Watch out for
  • Clients outside the UK and EU usually join the Bahamas company, with lighter rules and no FSCS or ICF cover
  • Leverage at the Bahamas company is dynamic with no fixed cap on major pairs, which magnifies losses
  • Live accounts are disabled after 3 months of inactivity
  • International clients join TF Global Markets Int Limited in the Seychelles (offshore tier), where leverage goes up to 2500:1 on ThinkTrader and losses can exceed deposits
  • ThinkMarkets also says it is licensed by CIMA, an FSC, an FMA and (on its South African company) FSCA FSP 49835, without naming every company; we could not confirm these on 2026-10-20. Its FSCA OTC derivative provider approval is confirmed.
  • The ThinkZero minimum deposit is shown as $100 on the account types page and $500 on the ThinkZero page; ask before you fund.

Risk warnings

The buttons to a broker’s website above the table are partner links: we may earn a commission if you open an account through them. That never changes the facts shown here. Trading leveraged products such as forex and CFDs carries a high risk of losing money rapidly, and most retail accounts lose money. Each broker’s own warning:

  • FxPro: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand how CFDs work and whether you can afford to take the high risk of losing your money.
  • ThinkMarkets: Derivative products are leveraged products and can result in losses that exceed initial deposits. Please ensure you fully understand the risks and take care to manage your exposure and seek independent advice if necessary.

Open this comparison in the full tool to share a link with your own accounts and companies chosen.

Other head-to-head pages

Cost per lot is the typical EUR/USD spread in busy hours × $10, plus any round-turn commission, for one standard lot. “Not yet checked” means we have not confirmed that fact yet. This page compares facts; it does not rank the brokers or recommend either. Confirm costs and licences on each broker’s site and the regulator’s public register before opening an account: see how we review brokers and check a broker yourself.

Nothing on this page is financial advice. Read the full disclaimer.

BrokerCut on Telegram

Get the latest forex news and market analysis.

Join the channel