Written by ForexBrokers.com
In this head to head comparison of ThinkMarkets vs FXPrimus, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
ThinkMarkets and FXPrimus both offer online trading services, but their regulatory backgrounds differ significantly. ThinkMarkets, which was founded in 2010, is highly trusted with a ForexBrokers.com Trust Score of 92. The broker holds five Tier-1 licenses and two Tier-2 licenses, indicating strong regulatory oversight. Meanwhile, FXPrimus, established in 2009, holds a Trust Score of 71, categorizing it as average risk. FXPrimus operates with only one Tier-1 license and no Tier-2 licenses, which may influence trader perceptions regarding security and trust.
Neither ThinkMarkets nor FXPrimus is publicly traded or operates as a bank, which may affect decisions for those clients who prioritize these factors when selecting a broker. ThinkMarkets' greater number of high-level licenses might appeal to traders seeking established and well-regulated platforms, whereas FXPrimus could attract those more interested in other features or offerings. In making a choice between the two, potential clients should weigh these regulatory differences while considering how they align with personal trading priorities and risk tolerances.
| Feature |
ThinkMarkets
|
FXPrimus
|
|---|---|---|
| Year Founded | 2010 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 5 | 1 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 1 |
ThinkMarkets and FXPrimus both offer competitive ratings for their commissions and fees, each scoring 4 out of 5 stars. Despite this similarity, there are distinctions in their rankings. ForexBrokers.com ranks ThinkMarkets at #48 out of 62 brokers for commissions and fees, positioning it slightly lower compared to FXPrimus, which holds a rank of #42. This suggests that while both brokers maintain a favorable reputation, FXPrimus edges ahead in this specific category.
When considering online trading platforms, the commissions and fees are a crucial aspect, as they directly impact the overall trading costs and potential profitability. Both ThinkMarkets and FXPrimus strive to offer transparent structures, though specific average spread data is not available for either broker. This lack of precise information may require potential traders to delve deeper into each broker's specific fee structure and compare it to their trading budget and strategy.
Overall, choosing between ThinkMarkets and FXPrimus may come down to personal preference and specific trading needs. Both brokers present a strong case with their 4-star ratings, but FXPrimus's slightly higher ranking indicates it might be slightly more favorable in terms of overall commission and fee structures, according to ForexBrokers.com.
| Feature |
ThinkMarkets
|
FXPrimus
|
|---|---|---|
| Minimum Deposit | $50 | $100 |
| Average Spread EUR/USD - Standard | 1.1 | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the investment options offered by ThinkMarkets and FXPrimus, ThinkMarkets stands out with a significantly larger array of choices. ThinkMarkets provides access to 4,000 tradeable symbols, inclusive of 46 forex pairs, while FXPrimus offers 140 tradeable symbols, including 42 forex pairs. Both brokers facilitate forex trading through CFDs or spot contracts and offer similar access to cryptocurrency derivatives, though neither provides the opportunity to buy actual cryptocurrencies. Shockingly, while ThinkMarkets enables trading of international exchange-traded securities, FXPrimus does not provide this option, limiting investors to a narrower scope of investment choices.
For competitive traders seeking a wide range of investments, ThinkMarkets might be the preferred option, earning an impressive 4.5-star rating for its investment range compared to FXPrimus's 3.5-star rating. Industry rankings further reflect this distinction, with ThinkMarkets securing the 21st spot out of 62 brokers in the Range of Investments category by ForexBrokers.com, while FXPrimus trails considerably at 59th place. Both brokers do offer copy trading services, appealing to those interested in mimicking the trades of experienced investors. Overall, ThinkMarkets appears to provide a broader and more versatile investment platform for traders seeking diversity.
| Feature |
ThinkMarkets
|
FXPrimus
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 4000 | 140 |
| Forex Pairs (Total) | 46 | 42 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When comparing the trading platforms and tools of ThinkMarkets and FXPrimus, both brokers offer a range of features that cater to various trader needs. Each provides free virtual demo accounts, allowing traders to practice before diving in with real investments. Both also offer proprietary platforms and options to trade on Windows-based desktop downloads and web browsers. Additionally, traders can access popular platforms like MetaTrader 4 and MetaTrader 5 with both brokers, enhancing their trading experience. However, neither broker supports DupliTrade or ZuluTrade. A notable distinction lies in their charting tools: while both brokers provide 15 drawing tools for charting, ThinkMarkets offers more flexibility with watch lists, allowing 15 columns compared to FXPrimus's 7.
Both ThinkMarkets and FXPrimus include copy trading services and enable trading directly from stock charts. In terms of overall performance, both brokers receive a solid rating of 4 out of 5 stars for their platforms and tools. However, ThinkMarkets holds a higher industry ranking, positioned at #28 compared to FXPrimus's rank of #49 out of 62 brokers, according to ForexBrokers.com. This suggests that while both brokers deliver quality services, ThinkMarkets may offer slightly more comprehensive options for those looking to delve deep into trading tools and platform capabilities.
| Feature |
ThinkMarkets
|
FXPrimus
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 15 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of ThinkMarkets and FXPrimus, both provide comprehensive support for iPhone and Android users and are equipped with critical features like stock and forex price alerts. The trading platforms on mobile devices from each broker allow for drawing trendlines, viewing various time frames on charts, and creating watchlists with real-time quotes. However, ThinkMarkets stands out with a significantly higher number of technical studies offered in its mobile app, featuring 94 compared to FXPrimus's 30.
While neither broker currently supports watchlist symbol syncing across devices, both platforms automatically save chart drawings. ThinkMarkets is highly rated with 4 stars for its mobile apps and holds the #20 spot among 62 brokers in the Mobile Trading Apps category at ForexBrokers.com. FXPrimus, also rated 4 stars, is ranked #48, reflecting ThinkMarkets’ more favorable standing in this field.
| Feature |
ThinkMarkets
|
FXPrimus
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 94 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
ThinkMarkets and FXPrimus both offer daily market commentary and provide users with an economic calendar that highlights current and upcoming global events. However, ThinkMarkets sets itself apart by providing forex news from top-tier sources such as Bloomberg and Reuters, while FXPrimus does not offer this feature. For traders interested in understanding market sentiment, ThinkMarkets offers a sentiment-based trading tool showing the ratio of long and short positions across various instruments, a feature not available with FXPrimus.
While neither ThinkMarkets nor FXPrimus integrates Autochartist or Trading Central tools into their offerings, ThinkMarkets provides research tools from Acuity Trading like the Signal Centre, a feature FXPrimus lacks. In terms of research ratings, ThinkMarkets scores slightly higher with 3.5 stars compared to FXPrimus’s 3 stars, and in rankings by ForexBrokers.com, ThinkMarkets is placed at #50, while FXPrimus is ranked at #58 out of 62 brokers, indicating a moderate edge in research capabilities for ThinkMarkets.
| Feature |
ThinkMarkets
|
FXPrimus
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When exploring the educational resources available for beginner traders, both ThinkMarkets and FXPrimus offer a variety of learning materials to help newcomers understand forex and CFDs. Both platforms provide at least ten educational resources, such as articles or videos, and host monthly online webinars with searchable archives of these sessions. ThinkMarkets stands out by offering more specialized content for beginners, including over ten videos focused on starter trading topics, and also provides an investor dictionary with definitions for over fifty investing terms. In contrast, FXPrimus does not meet these additional learning features, focusing primarily on general educational resources without the added beginner-friendly videos or comprehensive dictionary.
In terms of educational ratings, ThinkMarkets has a slight edge, earning 3.5 stars compared to FXPrimus's 3 stars. Despite this small difference in ratings, both brokers are closely ranked in the education category by ForexBrokers.com. Out of 62 brokers, FXPrimus is one spot higher than ThinkMarkets, ranking at 51st compared to ThinkMarkets' 52nd position. These rankings indicate a close competition, with ThinkMarkets providing slightly superior resources for those who are just starting their trading journeys.
| Feature |
ThinkMarkets
|
FXPrimus
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that ThinkMarkets is better than FXPrimus. ThinkMarkets finished with an overall rank of #27, while FXPrimus finished with an overall rank of #53.
ThinkMarkets has multiple regulatory license and offers a proprietary trading platform, as well as the entire MetaTrader suite. The broker has made progress in key areas, such as research and education, and the range of markets available, although trails behind the best brokers in these categories.
| Feature |
ThinkMarkets
|
FXPrimus
|
|---|---|---|
| Overall Rating |
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| Trust Score | 92 | 71 |
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Both ThinkMarkets and FXPrimus do not offer the ability to buy actual delivered cryptocurrency, but they do provide options for purchasing cryptocurrency derivatives.
In comparing online brokers ThinkMarkets and FXPrimus, neither supports ACH or SEPA transfers, nor PayPal for depositing or withdrawing funds; however, both platforms offer convenient transactions through Skrill, Visa, Mastercard, and bank wires.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | ThinkMarkets | FXPrimus | |
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| Trust Score | 92 | 71 | |
| Winner | check_circle | ||
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| Broker Screenshots | ThinkMarkets | FXPrimus | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) | |||
| Mobile Trading Gallery (click to expand) | |||
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| Regulation | ThinkMarkets | FXPrimus | |
|---|---|---|---|
| Trust Score | 92 | 71 | |
| Year Founded | 2010 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 5 | 1 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 1 |
| Tier-1 Licenses (Highly Trusted) | ThinkMarkets | FXPrimus | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | Yes | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | ThinkMarkets | FXPrimus | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | ThinkMarkets | FXPrimus | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 4000 | 140 | |
| Forex Pairs (Total) | 46 | 42 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | ThinkMarkets | FXPrimus | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.1 | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | ThinkMarkets | FXPrimus | |
|---|---|---|---|
| Minimum Deposit | $50 | $100 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | ThinkMarkets | FXPrimus | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | Yes | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | ThinkMarkets | FXPrimus | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 15 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | ThinkMarkets | FXPrimus | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 94 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | ThinkMarkets | FXPrimus | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | ThinkMarkets | FXPrimus | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | ThinkMarkets | FXPrimus | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review |
| Overall | ThinkMarkets | FXPrimus | |
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| Trust Score | 92 | 71 | |
| Winner | check_circle | ||
| Review |
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