tastytrade vs ThinkMarkets (2026): regulation, platforms and costs compared

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

tastytrade

Trust rank #22 · Editorial rating 9.1 / 10 · Founded 2017

tastytrade provides forex trading through its tastyfx platform, offering access to a wide range of currency pairs on an intuitive interface with built-in tools and education. It delivers a focused, platform-driven forex…

Read the tastytrade review

ThinkMarkets

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 review

tastytrade (United States, founded 2017) holds 2 regulatory licences (CFTC, NFA), 2 of them tier-1, offers Proprietary 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 32 countries; tastytrade is available in 24 countries where ThinkMarkets is not, and ThinkMarkets in 167 where tastytrade is not.

Verdict at a glance

  • ThinkMarkets leads on trust rank, track record, regulatory coverage, platform choice, instrument range, country coverage and fee level.
  • Level on tier-1 licences.

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.

tastytrade vs ThinkMarkets: side-by-side data

CriteriatastytradeThinkMarkets
Editorial rating9.1 / 10Not verified
Trust rank#22#20
Founded20172010
HeadquartersUnited StatesAustralia
RegulatorsCFTC, NFAASIC, CySEC, FCA, FSCA
Broker typeMarket MakerECN, STP
PlatformsProprietaryMT4, MT5, Proprietary
InstrumentsForexCommodities, Cryptocurrencies, Forex, Indices, Metals
Countries accepted56 countries199 countries
Fee levelMediumLow
Trading typesSpot TradingCFD Trading, Spot Trading
Best-for use casesRetail TradingCopy 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.

Pros

tastytrade

  • NFA/CFTC-regulated US forex trading
  • Competitive, spread-only pricing
  • Fast execution on robust web and mobile platforms
  • Broad selection of major, minor, and exotic pairs
  • Rich trader education and market content

ThinkMarkets

  • FCA & ASIC regulation
  • MT4/MT5 and ThinkTrader platforms
  • Raw-spread ThinkZero; commission-free Standard
  • Negative balance protection; segregated funds
  • Hedging, scalping, EAs allowed; high leverage options

Cons

tastytrade

  • No spot forex (futures-only FX)
  • Limited FX pairs vs spot brokers
  • No MetaTrader/cTrader (proprietary platform only)
  • Higher costs per trade (exchange/clearing/NFA fees)
  • Fixed contract sizes; no micro-lot position sizing

ThinkMarkets

  • - Offshore entity for many clients with weaker investor protections
  • - No guaranteed stop-loss orders (GSLO)
  • - Not available to U.S. residents
  • - No cTrader platform support
  • - CFDs only (no physical shares/ETFs)

Key features

tastytrade

  • CFTC and NFA regulated RFED via IG US LLC
  • Spot forex only no CFDs
  • US compliant leverage 50 to 1 majors 20 to 1 minors
  • Proprietary tastyfx platforms with advanced charting
  • Two factor authentication for account access
  • Spread only pricing with variable spreads

ThinkMarkets

  • Multi Asset CFD Trading Forex Indices Commodities Shares
  • MT4 MT5 and ThinkTrader Platforms
  • Multi Jurisdiction Regulation ASIC FCA FSCA FSA and Segregated Client Funds
  • Negative Balance Protection
  • Standard and ThinkZero Raw Spread Accounts
  • VPS Hosting and Algorithmic EA Support

Country availability: tastytrade vs ThinkMarkets

Available at both (32): Andorra, Argentina, Bahrain, Brazil, Chile, Colombia, Dominican Republic, Ecuador, Egypt, French Polynesia, Iceland, Indonesia, Isle of Man, Israel, Liechtenstein, Malaysia, Mexico, New Zealand, Norway, Oman, Peru, Philippines, San Marino, Saudi Arabia, Singapore, South Korea, Switzerland, Taiwan, Thailand, United Arab Emirates, United Kingdom, Uruguay.

Only tastytrade (24): Austria, Belgium, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, India, Ireland, Italy, Lithuania, Luxembourg, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United States of America.

Only ThinkMarkets (167): Afghanistan, Albania, Algeria, American Samoa, Angola, Anguilla, Antigua and Barbuda, Armenia, Aruba, Australia, Azerbaijan, Bahamas, Bangladesh, Barbados, Belize, Benin, Bhutan, Bolivia, Bonaire, Bosnia and Herzegovina, Botswana, Brunei, Burkina Faso, Burundi, Cabo Verde and 142 more.

Availability reflects the countries each broker declares it serves. Local rules change; confirm on the broker's own site before signing up.

tastytrade vs ThinkMarkets: common questions

Which broker is more regulated, tastytrade or ThinkMarkets?

ThinkMarkets holds more regulatory licences: tastytrade (CFTC, NFA) versus ThinkMarkets (ASIC, CySEC, FCA, FSCA). Tier-1 licences: tastytrade 2, ThinkMarkets 2.

Which trading platforms do tastytrade and ThinkMarkets offer?

tastytrade offers Proprietary; ThinkMarkets offers MT4, MT5, Proprietary.

Which has lower fees, tastytrade or ThinkMarkets?

ThinkMarkets is in the lower fee bracket (medium vs low) in our catalogue.

Which is older, tastytrade or ThinkMarkets?

ThinkMarkets is the older of the two, founded in 2010; tastytrade was founded in 2017.

Are tastytrade and ThinkMarkets available in the same countries?

They overlap in 32 countries. tastytrade is additionally available in 24 countries (Austria, Belgium, Czechia, Denmark, Estonia, Finland and 18 more) and ThinkMarkets in 167 countries (Afghanistan, Albania, Algeria, American Samoa, Angola, Anguilla and 161 more).

Keep comparing

tastytrade

ThinkMarkets

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.