Interactive Brokers vs ThinkMarkets
By Akash · Facts re-checked (UTC)
Here is how Interactive Brokers and ThinkMarkets compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| Interactive Brokers | ThinkMarkets | |
|---|---|---|
| Regulators | FCA, CBI, ASIC | FCA, ASIC, CySEC, FSCA |
| Minimum deposit | No account minimum | – |
| Spreads from | – | 0.0 pips (ThinkZero); 0.4 pips (Standard) |
| Commission | 0.08 to 0.20 bps x trade size, tiered by monthly volume; minimum USD 2.00 per order at Tier I | ThinkZero: USD 7 per round turn lot on forex and metals; Standard: none |
| Platforms | Trader Workstation (TWS), IBKR Mobile, Client Portal | ThinkTrader, MetaTrader 4, MetaTrader 5, TradingView (ThinkTrader accounts only) |
| Retail accounts losing money | 59.7% | – |
Full reviews: Interactive Brokers review · ThinkMarkets review
Frequently asked questions
Are Interactive Brokers and ThinkMarkets regulated?
Interactive Brokers: FCA, CBI, ASIC. ThinkMarkets: FCA, ASIC, CySEC, FSCA.
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