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Data refreshed 25 Aug 2026 · Compiled by David Ispiryan
Trust rank #5 · Editorial rating 10 / 10 · Founded 1996
Swissquote provides forex and multi-asset trading through proprietary and third-party platforms, with research, education, and customer support. It is well-regarded for a broad product range, clear pricing, and tools suitable for different…
Read the Swissquote 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 reviewSwissquote (Switzerland, founded 1996) holds 4 regulatory licences (CSSF, DFSA, FCA, FINMA), 3 of them tier-1, offers MT4, MT5, Proprietary 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 199 countries; Swissquote is available in 32 countries where ThinkMarkets is not, and ThinkMarkets in 0 where Swissquote 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 | Swissquote | ThinkMarkets |
|---|---|---|
| Editorial rating | 10 / 10 | Not verified |
| Trust rank | #5 | #20 |
| Founded | 1996 | 2010 |
| Headquarters | Switzerland | Australia |
| Regulators | CSSF, DFSA, FCA, FINMA | ASIC, CySEC, FCA, FSCA |
| Broker type | STP | ECN, STP |
| Platforms | MT4, MT5, Proprietary | MT4, MT5, Proprietary |
| Instruments | Commodities, Cryptocurrencies, Forex, Indices, Metals | Commodities, Cryptocurrencies, Forex, Indices, Metals |
| Countries accepted | 231 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 (199): 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 159 more.
Only Swissquote (32): Austria, Belgium, Bermuda, Bulgaria, Canada, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, India, Ireland, Italy, Japan, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland and 7 more.
Availability reflects the countries each broker declares it serves. Local rules change; confirm on the broker's own site before signing up.
Swissquote holds more regulatory licences: Swissquote (CSSF, DFSA, FCA, FINMA) versus ThinkMarkets (ASIC, CySEC, FCA, FSCA). Tier-1 licences: Swissquote 3, ThinkMarkets 2.
Swissquote offers MT4, MT5, Proprietary; 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.
Swissquote is the older of the two, founded in 1996; ThinkMarkets was founded in 2010.
They overlap in 199 countries. Swissquote is additionally available in 32 countries (Austria, Belgium, Bermuda, Bulgaria, Canada, Croatia and 26 more) and ThinkMarkets in 0 countries ().
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.