IG vs ThinkMarkets
By Akash · Facts re-checked (UTC)
Here is how IG and ThinkMarkets compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| IG | ThinkMarkets | |
|---|---|---|
| Regulators | FCA | FCA, ASIC, CySEC, FSCA |
| Minimum deposit | No minimum balance to open an account | – |
| Spreads from | 0.6 pips EUR/USD (MT4, UK) | 0.0 pips (ThinkZero); 0.4 pips (Standard) |
| Commission | Commission-free on MT4 forex | ThinkZero: USD 7 per round turn lot on forex and metals; Standard: none |
| Max leverage | 30:1 on major forex pairs for retail clients (IG Markets Ltd, UK, 3.33% margin) | – |
| Platforms | IG web platform, IG app, MetaTrader 4, MetaTrader 5, TradingView, ProRealTime | ThinkTrader, MetaTrader 4, MetaTrader 5, TradingView (ThinkTrader accounts only) |
| Retail accounts losing money | 70% | – |
Full reviews: IG review · ThinkMarkets review
Frequently asked questions
Are IG and ThinkMarkets regulated?
IG: FCA. ThinkMarkets: FCA, ASIC, CySEC, FSCA.
Which has tighter spreads, IG or ThinkMarkets?
Published spreads start from 0.6 pips EUR/USD (MT4, UK) at IG and 0.0 pips (ThinkZero); 0.4 pips (Standard) at ThinkMarkets; commission: IG Commission-free on MT4 forex, ThinkMarkets ThinkZero: USD 7 per round turn lot on forex and metals; Standard: none.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. Read more