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Data refreshed 25 Aug 2026 · Compiled by David Ispiryan
Trust rank #30 · Editorial rating 8.7 / 10 · Founded 1977
HYCM is a well-regarded forex and CFD broker offering access to a broad range of currency pairs and other markets on MetaTrader platforms. It provides flexible account types, education and research resources,…
Read the HYCM 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 reviewHYCM (United Kingdom, founded 1977) holds 4 regulatory licences (CIMA, CySEC, DFSA, FCA), 1 of them tier-1, offers MT4, MT5 and sits in our medium-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 179 countries; HYCM is available in 26 countries where ThinkMarkets is not, and ThinkMarkets in 20 where HYCM 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 | HYCM | ThinkMarkets |
|---|---|---|
| Editorial rating | 8.7 / 10 | Not verified |
| Trust rank | #30 | #20 |
| Founded | 1977 | 2010 |
| Headquarters | United Kingdom | Australia |
| Regulators | CIMA, CySEC, DFSA, FCA | ASIC, CySEC, FCA, FSCA |
| Broker type | Market Maker, STP | ECN, STP |
| Platforms | MT4, MT5 | MT4, MT5, Proprietary |
| Instruments | Commodities, Cryptocurrencies, Forex, Indices, Metals | Commodities, Cryptocurrencies, Forex, Indices, Metals |
| Countries accepted | 205 countries | 199 countries |
| Fee level | Medium | 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 (179): Algeria, American Samoa, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Azerbaijan, Bahamas, Bahrain, Bangladesh, Belize, Benin, Bhutan, Bolivia, Bonaire, Bosnia and Herzegovina, Botswana, Brazil, Brunei, Burundi, Cabo Verde, Cameroon, Central African Republic, Chad, Chile, China, Christmas Island, Cocos (Keeling) Islands, Colombia, Comoros, Congo, Cook Islands, Costa Rica, Curaçao, Côte d'Ivoire, Djibouti and 139 more.
Only HYCM (26): Austria, Bermuda, Bulgaria, Croatia, Czechia, Denmark, Estonia, Finland, Germany, Greece, Hungary, India, Ireland, Italy, Japan, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Romania, Saint Lucia, Slovakia, Slovenia and 1 more.
Only ThinkMarkets (20): Afghanistan, Albania, Barbados, Burkina Faso, Cambodia, Cayman Islands, Gibraltar, Haiti, Hong Kong, Iraq, Jamaica, Lebanon, Mali, Mozambique, Panama, Philippines, Senegal, South Sudan, Tanzania, Uganda.
Availability reflects the countries each broker declares it serves. Local rules change; confirm on the broker's own site before signing up.
HYCM holds more regulatory licences: HYCM (CIMA, CySEC, DFSA, FCA) versus ThinkMarkets (ASIC, CySEC, FCA, FSCA). Tier-1 licences: HYCM 1, ThinkMarkets 2.
HYCM offers MT4, MT5; ThinkMarkets offers MT4, MT5, Proprietary.
ThinkMarkets is in the lower fee bracket (medium vs low) in our catalogue.
HYCM is the older of the two, founded in 1977; ThinkMarkets was founded in 2010.
They overlap in 179 countries. HYCM is additionally available in 26 countries (Austria, Bermuda, Bulgaria, Croatia, Czechia, Denmark and 20 more) and ThinkMarkets in 20 countries (Afghanistan, Albania, Barbados, Burkina Faso, Cambodia, Cayman Islands and 14 more).
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.