FBS vs ThinkMarkets
FBS | ThinkMarkets |
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4.3
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4
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FBS is an award-winning forex and CFD broker based in Cyprus. The broker has a strong global reputation with authorization from the CySEC and ASIC, amongst others regulators. The brand has 17 million clients in over 190 countries, attracted by a diverse range of markets and the reputable MetaTrader platforms. |
Founded in 2010, ThinkMarkets is a reputable CFD and forex broker with regulation from several top-tier bodies including the FCA and ASIC. The broker provides services to over 450,000 accounts from 11 global offices. Traders can use a bespoke platform, MT4 or MT5 to access a wide variety of assets including 3500+ stocks and ETFs, 46 forex pairs and over 20 cryptocurrencies. |
71.89% of retail investor accounts lose money when trading CFDs with this provider. | |
Customer Reviews | |
5
Based on 1 ThinkMarkets customer reviews
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Promotions | |
Comment by Reviewer | |
"FBS is a great choice for traders of all experience levels and budgets with various account types, plus MetaTrader 4 and MetaTrader 5 access. That said, the broker's Cent account and intensive forex course will be particularly beneficial for beginners." | "With its diverse asset list, competitive fees and superb charting software, ThinkMarkets maintains its position as a top choice for most CFD traders. That said, experienced traders will particularly appreciate the range of advanced tools, including forex signals and VPS solutions." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
CFDs, forex, indices, shares, commodities, cryptocurrencies | CFDs, Forex, Stocks, ETFs, Futures, Commodities, Crypto, Spread Betting (UK Only) |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$5 | $0 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Regulator | |
ASIC, CySEC, FSC, FSCA | FCA, ASIC, CySEC, FSCA, JFSA, FSA Seychelles |
Margin Trading | |
Yes | Yes |
STP Account | |
Yes | Yes |
ECN Account | |
Yes | No |
DMA Account | |
No | No |
MAM Account | |
No | No |
PAMM Account | |
No | Yes |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
Yes | Yes |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
Yes | No |
Mobile Apps | |
iOS & Android | iOS & Android |
App Review | |
The FBS Trader app allows clients to manage their finances and speculate on 44 forex pairs, among other assets. Instant deposits are available, as well as one-click trading. Users can also conduct technical analysis via interactive charting with multiple indicators. The app is free to download from the respective app stores. |
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Android App Rating | |
4.9 |
4 |
iOS App Rating | |
4.6 |
4.8 |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTrader |
Copy Trading | |
No | Yes |
Copy Trading Platform | |
The Signal Centre is FCA-regulated and offers insights into forex, stocks, indices, commodities, and cryptocurrencies. Users can receive up to 40 signals before the trading day starts. | |
Social Trading | |
No | Yes |
Trade Signals | |
MT4 & MT5 | Signal Centre |
VPS Hosting | |
Yes | Yes |
Tournaments | |
No | No |
Demo Competitions | |
Yes | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$0 | |
Islamic Account | |
Yes | Yes |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
You can go long or short on a decent suite of financial markets with leveraged CFDs. Users can choose between three reliable platforms with over 50 indicators and charting tools, plus fast market execution from 0.3 seconds. | ThinkMarkets continues to offer an excellent range of around 3500 CFD instruments covering forex, indices, stocks and commodities. Leverage is available up to 1:30 in the EU and UK, while global clients can access up to 1:500. |
Leverage | |
1:30 (EU & Restricted Countries), 1:3000 (Global) | 1:500 |
FTSE Spread | |
From 0.0 | 0.7 |
GBPUSD Spread | |
From 0.6 | 0.4 |
Oil Spread | |
From 0.0 | 0.03 |
Stocks Spread | |
Variable | From 0.4 |
Forex Trading | |
FBS offers a below-average range of 35+ majors, minors and exotics. That said, spreads are fairly competitive, averaging 0.7 pips for EUR/USD in the Standard account. There’s also an excellent range of forex market resources and tools on offer, including calculators and an intensive forex course. | ThinkMarkets offers 46 currency pairs, which is around the industry average. Forex traders can benefit from tight 0.0-pip spreads for EUR/USD during peak market hours. Additionally, the ThinkTrader proprietary platform offers an impressive 125+ technical indicators - ideal for complex forex strategies. |
Forex App | |
The FBS Trader app allows clients to manage their finances and speculate on 44 forex pairs, among other assets. Instant deposits are available, as well as one-click trading. Users can also conduct technical analysis via interactive charting with multiple indicators. The app is free to download from the respective app stores. |
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GBPUSD Spread | |
From 0.6 | 0.3 |
EURUSD Spread | |
From 0.5 | 0.0 |
EURGBP Spread | |
From 2.1 | 0.0 |
Assets | |
36 | 45+ |
Cryptocurrency | |
FBS offers trading on crypto/metal, crypto/crypto or crypto/fiat pairs, making the broker a great pick for traders looking to diversify their digital asset portfolios. Spreads are also decent, averaging around 20.0 for BTC/USD. | With 20+ cryptocurrencies available to trade via CFDs, traders can securely speculate on crypto markets with up to 1:10 leverage. ThinkMarkets does not directly trade crypto assets, meaning you will not own the tokens, and crypto trading is not available in some jurisdictions. |
Spread | |
Floating | BTC 25, ETH 6 (Variable) |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
71.89% of retail investor accounts lose money when trading CFDs with this provider. | |
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