Fortrade
ThinkMarkets
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Overview
Fortrade was founded in 1992 and is headquartered in UK, while ThinkMarkets was established in 2010 and is based in Australia & United Kingdom. Fortrade holds licences including Financial Conduct Authority (FCA) FRN: 609970, while ThinkMarkets is regulated by the Japanese Financial Services Agency (JFSA) with license no. 0250 among others. Fortrade serves 10,000+ clients worldwide; ThinkMarkets has 475,000+. The minimum deposit is $1 at Fortrade and $0 at ThinkMarkets.
| Feature | Fortrade | ThinkMarkets |
|---|---|---|
| Min. Deposit | $1 | $0 |
| Regulation | Financial Conduct Authority (FCA) FRN: 609970, National Bank of the Republic of Belarus (NBRB) FRN: 193075810, Australian Securities and Investments Commission (ASIC) ABN: 33 614 683 831 | AFSL: 493520, Canadian Investor Protection Fund (CIPF) CRN: BC1148613, Cyprus Securities and Exchange Commission (CySEC) with CIF license number 385/20 | the Japanese Financial Services Agency (JFSA) with license no. 0250, the Cyprus Securities and Exchange Commission (CySEC) with license no. 215/13, the Financial Conduct Authority (FCA 629628) in the UK, the Australian Securities and Investments Commission (ASIC 424700), the Financial Sector Conduct Authority (FSCA) in South Africa and the Financial Services Authority (FSA SD060) Seychelles. TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority, FRN 629628. TF GLobal Markets (Aust) Limited is the holder of Australian Financial Services Licence number 424700. TF GLobal Markets (South Africa) (Pty) Ltd is an authorised financial services provider (FSP No 49835). TF Global Markets Int Limited is authorised and regulated by the Financial Services Authority, Firm Reference Number SD060 Seychelles |
| Founded | 1992 | 2010 |
| Country | UK | Australia & United Kingdom |
| Clients | 10,000+ | 475,000+ |
Fees
Fees are a critical factor when choosing between Fortrade and ThinkMarkets, directly affecting your bottom line as a trader. ThinkMarkets has a lower barrier to entry with a minimum deposit of $0 (vs $1 at Fortrade). Neither broker charges withdrawal fees. ThinkMarkets applies inactivity fees on dormant accounts; Fortrade does not. Fortrade charges deposit fees; ThinkMarkets does not. The two brokers are broadly comparable on fee structure.
| Feature | Fortrade | ThinkMarkets |
|---|---|---|
| Min. Deposit | $1 | $0 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | Yes |
Platforms
Fortrade offers MT4, MT5, cTrader, while ThinkMarkets supports MT4, MT5, a proprietary platform. Fortrade offers a mobile trading app; mobile availability for ThinkMarkets is limited. ThinkMarkets supports social and copy trading features, which Fortrade does not offer. Fortrade edges ahead on platform breadth and functionality in our scoring.
| Feature | Fortrade | ThinkMarkets |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | No |
| Windows App | Yes | No |
| iOS App | Yes | No |
| Android App | Yes | No |
| Trading Platforms | MT4, Binary, Tablet & Mobile apps | MT4, MT5 and ThinkTrader |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Fortrade and ThinkMarkets compare. ThinkMarkets runs regular live webinars; Fortrade does not. ThinkMarkets has a video library; Fortrade does not. ThinkMarkets publishes daily market commentary; Fortrade does not. ThinkMarkets integrates third-party research tools (Trading Central, Autochartist); Fortrade does not. ThinkMarkets maintains an archive of past webinars for on-demand viewing. ThinkMarkets scores higher overall in education and research.
| Feature | Fortrade | ThinkMarkets |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Fortrade accepts 4 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Neteller), while ThinkMarkets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). ThinkMarkets uniquely supports Skrill among the two brokers. ThinkMarkets scores higher on deposit and withdrawal flexibility.
| Feature | Fortrade | ThinkMarkets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | Yes |
| Skrill | No | Yes |
| Neteller | Yes | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Fortrade and ThinkMarkets offer live chat support. Both provide phone support. Email support is available at both brokers. Fortrade supports 1 language and ThinkMarkets supports 13, giving ThinkMarkets broader global reach. Both brokers are comparable on support quality.
| Feature | Fortrade | ThinkMarkets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English | English, Portuguese, Vietnamese, Chinese, Czech, Greek, Indonesian, Thai, Malay, Italian, Arabic, German, Spanish and Japanese |