Advertiser disclosure: some links on this page may be affiliate links, meaning BrokerCatalogue may earn a commission if you open an account. This never affects the data shown here, which is drawn from our catalogue and compared mechanically. How we make money.
Data refreshed 25 Aug 2026 · Compiled by David Ispiryan
Trust rank #9 · Founded 1999
FXCM is a well-regarded forex broker that provides access to currency pairs on proprietary and third-party trading platforms, with market research, education, and risk management tools. It operates through regulated entities.
Read the FXCM review
Trust rank #20 · Founded 2010
ThinkMarkets is a well-regarded forex and CFD broker offering broad market access via MetaTrader and its proprietary ThinkTrader platform. It provides research, education, and risk management tools to support analysis and platform…
Read the ThinkMarkets reviewFXCM (United Kingdom, founded 1999) holds 4 regulatory licences (ASIC, CySEC, FCA, FSCA), 2 of them tier-1, offers MT4, Proprietary, TradingView and sits in our low-fee bracket. ThinkMarkets (Australia, founded 2010) holds 4 regulatory licences (ASIC, CySEC, FCA, FSCA), 2 of them tier-1, offers MT4, MT5, Proprietary and sits in our low-fee bracket. The two overlap in 198 countries; FXCM is available in 28 countries where ThinkMarkets is not, and ThinkMarkets in 1 where FXCM is not.
Scored on 8 measurable dimensions where both brokers have verified data. Dimensions missing for either side are excluded rather than guessed. This is a data summary, not a recommendation.
| Criteria | FXCM | ThinkMarkets |
|---|---|---|
| Trust rank | #9 | #20 |
| Founded | 1999 | 2010 |
| Headquarters | United Kingdom | Australia |
| Regulators | ASIC, CySEC, FCA, FSCA | ASIC, CySEC, FCA, FSCA |
| Broker type | STP | ECN, STP |
| Platforms | MT4, Proprietary, TradingView | MT4, MT5, Proprietary |
| Instruments | Commodities, Cryptocurrencies, Forex, Indices | Commodities, Cryptocurrencies, Forex, Indices, Metals |
| Countries accepted | 226 countries | 199 countries |
| Fee level | Low | Low |
| Trading types | CFD Trading, Spot Trading | CFD Trading, Spot Trading |
| Best-for use cases | Professional Trading, Retail Trading | Copy Trading, Professional Trading, Retail Trading |
Highlighted cells mark the stronger value where a direction is objectively better (e.g. more licences, lower fees). "Not verified" means the field is not yet in our catalogue for that broker — we never fill gaps with estimates.
Available at both (198): Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belize, Benin, Bhutan, Bolivia, Bonaire, Bosnia and Herzegovina, Botswana, Brazil, Brunei, Burkina Faso, Burundi, Cabo Verde, Cambodia, Cameroon, Cayman Islands, Central African Republic, Chad, Chile, China, Christmas Island, Cocos (Keeling) Islands, Colombia, Comoros and 158 more.
Only FXCM (28): Austria, Bermuda, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Saint Lucia, Slovakia and 3 more.
Only ThinkMarkets (1): Hong Kong.
Availability reflects the countries each broker declares it serves. Local rules change; confirm on the broker's own site before signing up.
FXCM holds more regulatory licences: FXCM (ASIC, CySEC, FCA, FSCA) versus ThinkMarkets (ASIC, CySEC, FCA, FSCA). Tier-1 licences: FXCM 2, ThinkMarkets 2.
FXCM offers MT4, Proprietary, TradingView; ThinkMarkets offers MT4, MT5, Proprietary.
Both sit in the same fee bracket (low) in our catalogue; compare the spreads and commission rows above for detail.
FXCM is the older of the two, founded in 1999; ThinkMarkets was founded in 2010.
They overlap in 198 countries. FXCM is additionally available in 28 countries (Austria, Bermuda, Bulgaria, Croatia, Cyprus, Czechia and 22 more) and ThinkMarkets in 1 countries (Hong Kong).
Risk warning: CFDs and forex are complex, leveraged instruments and carry a high risk of losing money rapidly. A majority of retail investor accounts lose money when trading CFDs. Nothing on this page is financial advice; verify licence status on the regulator's register before depositing. Full risk disclosure.