IC Markets

4.4(2200)

ASIC/CySEC

ThinkMarkets

4.1(620)

FCA/ASIC

IC Markets vs ThinkMarkets

Head-to-Head Comparison 2026

Our Verdict

IC Markets has a higher rating of 4.4/5 compared to ThinkMarkets (4.1/5). IC Markets offers 7 instrument types, while ThinkMarkets offers 5. The minimum deposit is lower at ThinkMarkets with 0 €. IC Markets has been in the market since 2007, making it the more experienced provider.

Comparison Table

Criteria	IC Markets	ThinkMarkets
Rating	4.4/5 (2200 reviews)✓	4.1/5 (620 reviews)
Regulation	ASIC/CySEC	FCA/ASIC
Fees	From 0.0 pips + $3.50 commission (Raw Spread)	From 0.0 pips (ThinkZero), no commission (Standard)
Min. Deposit	200 $	0 €
Instruments	Forex, Indices, Commodities, Stocks CFDs, Bonds, Crypto CFDs, Futures CFDs	Forex, Indices, Commodities, Stocks CFDs, Crypto CFDs
Platforms	MT4, MT5, cTrader	MT4, MT5, ThinkTrader
Options Trading	No	No
Founded	2007	2010
Headquarters	Sydney	Melbourne

Detailed Comparison

Fee Comparison

IC Markets: From 0.0 pips + $3.50 commission (Raw Spread). Minimum deposit: 200 $.

ThinkMarkets: From 0.0 pips (ThinkZero), no commission (Standard). Minimum deposit: 0 €.

Product Range

IC Markets (7 categories)

ForexIndicesCommoditiesStocks CFDsBondsCrypto CFDsFutures CFDs

ThinkMarkets (5 categories)

ForexIndicesCommoditiesStocks CFDsCrypto CFDs

Trading Platforms

IC Markets

MT4
MT5
cTrader

ThinkMarkets

MT4
MT5
ThinkTrader

Regulation & Security

IC Markets is regulated by ASIC/CySEC (HQ: Sydney).

ThinkMarkets is regulated by FCA/ASIC (HQ: Melbourne).

Who Is It For?

IC Markets

ECN broker with ultra-low spreads and fast execution

✓ Ultra-low spreads from 0.0 pips

✓ Fast order execution (under 40ms)

✓ cTrader platform available

✗ No proprietary platform

✗ Educational content could be more comprehensive

ThinkMarkets

FCA/ASIC-regulated multi-asset broker with fast execution

✓ Dual FCA and ASIC regulation

✓ Low spreads from 0.0 pips

✓ Proprietary ThinkTrader platform

✗ Limited educational resources

✗ No real stocks or options

Frequently Asked Questions

Is IC Markets or ThinkMarkets cheaper?

IC Markets charges From 0.0 pips + $3.50 commission (Raw Spread). ThinkMarkets charges From 0.0 pips (ThinkZero), no commission (Standard). The minimum deposit is 200 $ at IC Markets and 0 € at ThinkMarkets.

Which broker offers more products: IC Markets or ThinkMarkets?

IC Markets offers Forex, Indices, Commodities, Stocks CFDs, Bonds, Crypto CFDs, Futures CFDs. ThinkMarkets offers Forex, Indices, Commodities, Stocks CFDs, Crypto CFDs.

Which broker is better regulated?

IC Markets is regulated by ASIC/CySEC. ThinkMarkets is regulated by FCA/ASIC.

Is IC Markets or ThinkMarkets better for beginners?

IC Markets has a minimum deposit of 200 $ and offers MT4, MT5, cTrader as platforms. ThinkMarkets has a minimum deposit of 0 € and offers MT4, MT5, ThinkTrader. ThinkMarkets has the lower entry barrier.

IC Markets vs ThinkMarkets: Which broker is better overall?

The choice between IC Markets (4.4/5, 2200 reviews) and ThinkMarkets (4.1/5, 620 reviews) depends on your needs. IC Markets: ECN broker with ultra-low spreads and fast execution. ThinkMarkets: FCA/ASIC-regulated multi-asset broker with fast execution.

IC Markets

ECN broker with ultra-low spreads and fast execution

Open Account →

From 200 $ min. deposit

ThinkMarkets

FCA/ASIC-regulated multi-asset broker with fast execution

Open Account →

From 0 € min. deposit

IC Markets read review →ThinkMarkets read review →