No broker is perfect, and ThinkForex is no exception. While they do have a lot of pros, there are plenty of reasons why you might be looking for an alternative to ThinkForex:

  • ThinkForex does not offer Ethereum
  • ThinkForex does not offer MT5
  • ThinkForex does not offer Penny stocks
  • ThinkForex does not offer access to IPOs

Whatever your reason, we've got you covered. We analyse over 150 brokers across 80+ factors, from the competitiveness of their spreads to the quality of their trade execution and regulation. Below are ten of the best ThinkForex alternatives.

Top alternative: AvaTrade

The most popular alternative to ThinkForex is AvaTrade, a brokerage regulated by Central Bank of Ireland, ASiC, FSA and the FSB and used by 200,000+ traders. Another strong alternative is Saxo Capital Markets, which is regulated by the Financial Conduct Authority, UK.

Here are some of the key reasons why traders choose AvaTrade and Saxo Capital Markets over ThinkForex:

ThinkForex AvaTrade Saxo Capital Markets
Trust Score B AAA B
Regulator Financial Conduct Authority and ASiC Central Bank of Ireland, ASiC , FSA, FSB and BVI Financial Conduct Authority
Min. Deposit 250 100 10000
Min. Trade 0.01 Lot 0.01 Lot $5,000
Platforms MT4, Mac, Web Trader, Tablet & Mobile apps MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps Mac, Web Trader, Tablet & Mobile apps

If you want to read more about AvaTrade, we've put together an in-depth AvaTrade review that explores their platform, spreads, and trading conditions in more detail.

Visit AvaTrade

If AvaTrade isn't quite right, we've also listed ten suitable ThinkForex alternatives below. You can click between the different instruments to compare each broker's spreads for that instrument.

Spread Comparison for the 10 ThinkForex Alternatives

EUR/USD 1.0
GBP/USD 1.8
Bitcoin $18.00
Gold 0.60
DJ 30 3
FTSE 100 1.0
Google 0.2
Facebook 0.1
Visit AvaTrade Website

Losses can exceed deposits. Your capital is at risk.

AvaTrade screenshot
Why choose AvaTrade
  • Used by 200,000+ traders
  • Regulated by Central Bank of Ireland, ASiC, FSA and the FSB
Spreads Support Reputation
V. Good
97
V. Good
100
V. Good
Visit AvaTrade

Losses can exceed deposits. Your capital is at risk.

EUR/USD 0.2
GBP/USD 0.2
Bitcoin N/A
Gold 0.5
DJ 30 2
FTSE 100 0.85
Google N/A
Facebook N/A
Visit Saxo Capital Markets Website

Losses can exceed deposits. Your capital is at risk.

Saxo Capital Markets screenshot
Why choose Saxo Capital Markets
  • Over 6 years in business
  • Regulated by the Financial Conduct Authority, UK
Spreads Support Reputation
V. Good
100
Average
40
Good
Visit Saxo Capital Markets

Losses can exceed deposits. Your capital is at risk.

EUR/USD 0.01%
GBP/USD 0.01%
Bitcoin 0.64%
Gold 0.03%
DJ 30 0.02%
FTSE 100 0.02%
Google 0.0013
Facebook 0.0022
Visit Plus500 Website

Losses can exceed deposits. Your capital is at risk.

Plus500 screenshot
Why choose Plus500
  • 2000+ Tradable Instruments
  • Regulated by the Financial Conduct Authority, UK
Spreads Support Reputation
V. Good
100
Good
70
Good
Visit Plus500

Losses can exceed deposits. Your capital is at risk.

EUR/USD 1.0
GBP/USD 1.0
Bitcoin N/A
Gold 0.05
DJ 30 N/A
FTSE 100 N/A
Google N/A
Facebook N/A
Visit IC Markets Website

Losses can exceed deposits. Your capital is at risk.

IC Markets screenshot
Why choose IC Markets
  • Spreads from 0.0pips
  • Liquidity from over 50 banks and dark pools
Spreads Support Reputation
V. Good
98
Low
20
Good
Visit IC Markets

Losses can exceed deposits. Your capital is at risk.

EUR/USD 1.24
GBP/USD 1.73
Bitcoin N/A
Gold 57.85
DJ 30 3.46
FTSE 100 1.50
Google N/A
Facebook N/A
Visit Axitrader Website

Losses can exceed deposits. Your capital is at risk.

Axitrader screenshot
Why choose Axitrader
  • Over 3 years in business
  • Regulated by the Financial Conduct Authority, UK
Spreads Support Reputation
V. Good
94
Good
70
Good
Visit Axitrader

Losses can exceed deposits. Your capital is at risk.

EUR/USD 1.8
GBP/USD 3.3
Bitcoin N/A
Gold 50.0
DJ 30 N/A
FTSE 100 20.0
Google N/A
Facebook N/A
Visit EasyMarkets Website

Losses can exceed deposits. Your capital is at risk.

EasyMarkets screenshot
Why choose EasyMarkets
  • Over 16 years in business
  • Regulated by CySEC and ASiC
Spreads Support Reputation
V. Good
81
Good
80
Good
Visit EasyMarkets

Losses can exceed deposits. Your capital is at risk.

EUR/USD 0.5
GBP/USD 2.1
Bitcoin N/A
Gold 0.5
DJ 30 1.6
FTSE 100 1.0
Google 0.0015
Facebook 0.0015
Visit City Index Website

Losses can exceed deposits. Your capital is at risk.

City Index screenshot
Why choose City Index
  • Used by 140,000+ traders
  • Regulated by the Financial Conduct Authority, UK
Spreads Support Reputation
V. Good
93
V. Good
100
Good
Visit City Index

Losses can exceed deposits. Your capital is at risk.

EUR/USD 0.6
GBP/USD 0.9
Bitcoin 7.5
Gold 0.6
DJ 30 N/A
FTSE 100 1.0
Google N/A
Facebook N/A
Visit IG Website

Losses can exceed deposits. Your capital is at risk.

IG screenshot
Why choose IG
  • Over 20 years in business
  • Regulated by the Financial Conduct Authority, UK
Spreads Support Reputation
V. Good
96
Average
60
V. Good
Visit IG

Losses can exceed deposits. Your capital is at risk.

EUR/USD 0.7
GBP/USD 0.9
Bitcoin N/A
Gold N/A
DJ 30 N/A
FTSE 100 N/A
Google N/A
Facebook N/A
Visit CMC Markets Website

Losses can exceed deposits. Your capital is at risk.

CMC Markets screenshot
Why choose CMC Markets
  • Over 4 years in business
  • Regulated by the Financial Conduct Authority, UK
Spreads Support Reputation
V. Good
96
Good
70
V. Good
Visit CMC Markets

Losses can exceed deposits. Your capital is at risk.

EUR/USD 1.0
GBP/USD 1.0
Bitcoin N/A
Gold 0.47
DJ 30 N/A
FTSE 100 3.0
Google N/A
Facebook N/A
Visit XM Website

Losses can exceed deposits. Your capital is at risk.

XM screenshot
Why choose XM
  • Over 8 years in business
  • Regulated by the Financial Conduct Authority, UK
Spreads Support Reputation
V. Good
96
Good
70
Good
Visit XM

Losses can exceed deposits. Your capital is at risk.