ThinkMarkets vs First Trade, for 2026
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ThinkMarkets Rating
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First Trade Rating
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71.89% of retail investor accounts lose money when trading CFDs with this provider. |
Your capital is at risk |
ThinkMarkets vs First Trade Guide |
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Read our In-Depth ThinkMarkets vs First Trade Review - for 2026
Our comprehensive analysis of ThinkMarkets and First Trade has been updated for 2026 by knowledgeable insiders boasting significant expertise across Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of ThinkMarkets vs First Trade does not apply to all countries as follows:
ThinkMarkets Excluded Countries
United States of America, Canada, Russian Federation, and Belgium.
First Trade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare ThinkMarkets vs First Trade
Each trading platforms feature certain advantages and disadvantages, and any comprehensive ThinkMarkets and First Trade review should not be complete without embracing an objective perspective.
Examine ThinkMarkets and First Trade to get a better understanding of how these platforms compare against each other before you decide to create an account. Conducting a comprehensive comparison will put things in perspective so that you remain cognizant of the expectations.
So you are looking for a reputable broker and are choosing between ThinkMarkets or First Trade. Who is better in 2026?
This ThinkMarkets vs First Trade comparison contains the most recent information so you can easily compare First Trade against ThinkMarkets.
If you are a new entrant in the world of trading and brokerages, so many facts will be confusing for you. Getting into the world of trading demands expert assessing skills and thorough understanding. You will acquire proficient at all the concepts of brokerage since you keep trading. For starters, you have to select the right agent who'll be clear with you constantly.
In this fast-paced world of stock markets and trading, you will need guidance to make correct decisions. A professionally direct investment plan has the potential to create hefty returns. ThinkMarkets and First Trade are two such trading platforms that will take you and your investment into great heights. It's important to compare ThinkMarkets vs First Trade until you trust them with your cash.
Our ThinkMarkets vs First Trade comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust ThinkMarkets and First Trade side by side.
Our full ThinkMarkets vs First Trade Review covers all you will need to know about trading with either ThinkMarkets or First Trade. A fantastic agent can multiply your initial investments and provide you favorable profits. If you would like to earn profits, you must trade with a broker service that aligns with your investment objectives.
There's absolutely no sure-fire way to ensure profits; thus, you must carefully analyze your agent before you select them. It's a frequent misconception that all brokers will be the same, but that's not correct. Wrong judgment, initially, can set your investments at risk.
ThinkMarkets and First Trade are both brokers which have paved their way successfully into the broker world. Within this review, we have attempted to collate some of the important aspects of both ThinkMarkets and First Trade. This review can help you to know whether either First Trade or ThinkMarkets is a fantastic fit for your own investments or not. We've attempted to breakdown all of the qualities and charges for your convenience.
Benefits of ThinkMarkets and First Trade Compared
ThinkMarkets offers a minimum deposit of $0 while First Trade offers a $5 minimum deposit.
Why smaller minimum deposits are good and how ThinkMarkets and First Trade compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
ThinkMarkets allows you to trade around 3500 financial instruments while First Trade allows you to trade around 3500 on their platform.
The more instruments you can trade on the ThinkMarkets and First Trade platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you should never want to miss out on a trading opportunity due to the limitations of ThinkMarkets or First Trade.
ThinkMarkets and First Trade Contact Details
Being able to contact your broker easily is a sign of a professional broker. ThinkMarkets and First Trade have the following contact details and social medias that you can use.
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| Broker | ThinkMarkets | First Trade |
| Telephone Number | Australia: +61 3 9093 3400 <br>UK: +44 203 514 2374 <br>Italy: +39 023 057 9033 <br>Spain: +34 911829975 | |
| support@thinkmarkets.com | ||
| Address | Level 18, 357 Collins St, Melbourne, Victoria 3000, Australia <br /><br/>Hana, 4th Floor, 70 St Mary Axe, London EC3A 8BE, United Kingdom | |
| ThinkMarkets Twitter Account | First Trade Twitter Account | |
| ThinkMarkets Facebook Page | First Trade Facebook Page | |
| ThinkMarkets Instagram Account | First Trade Instagram Account | |
| ThinkMarkets LinkedIn Page | First Trade LinkedIn Page | |
| YouTube | ThinkMarkets YouTube Channel | First Trade YouTube Channel |
| Find Out More |
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First Trade and ThinkMarkets Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
In this part of our comparison of ThinkMarkets and First Trade we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of the apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
ThinkMarkets vs First Trade - Awards
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| Broker | ThinkMarkets | First Trade |
| Awards |
ThinkMarkets have won numerous industry awards over the time they have been running as an online trading platform. We show the most recognised awards for ThinkMarkets below.
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At the time of writing this First Trade review, and despite First Trade’s impressive offering, the company has surprisingly not garnered any awards to date. |
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ThinkMarkets vs First Trade - Frequently Asked Questions
ThinkMarkets vs First Trade - Headquarters And Year Of Founding
ThinkMarkets was founded in 2010 and has its head office in Australia & United Kingdom.
First Trade was founded in 2008 and has its headquaters in USA.
What is the minimum deposit for First Trade or ThinkMarkets
The minimum deposit for ThinkMarkets is $0.
The minimum deposit for First Trade is $5.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both ThinkMarkets and First Trade are a good option.
ThinkMarkets vs First Trade - Regulation And Licencing In More Detail
ThinkMarkets is regulated by the Japanese Financial Services Agency (JFSA) with license no. 0250, the Cyprus Securities and Exchange Commission (CySEC) with license no. 215/13, the Financial Conduct Authority (FCA 629628) in the UK, the Australian Securities and Investments Commission (ASIC 424700), the Financial Sector Conduct Authority (FSCA) in South Africa and the Financial Services Authority (FSA SD060) Seychelles. TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority, FRN 629628. TF GLobal Markets (Aust) Limited is the holder of Australian Financial Services Licence number 424700. TF GLobal Markets (South Africa) (Pty) Ltd is an authorised financial services provider (FSP No 49835). TF Global Markets Int Limited is authorised and regulated by the Financial Services Authority, Firm Reference Number SD060 Seychelles .
First Trade is regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA).
Both ThinkMarkets and First Trade have a strong set of rules for ensuring fair trading onto their individual platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).
As per their own privacy policies, client data is never to be shared with any other institutions or individuals. Including credit history and other financial details.
Compare ThinkMarkets vs First Trade Commission And Fees
ThinkMarkets and First Trade are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the companies of online brokerages are scaled much better. That is, an internet broker is not necessarily influenced by the amount of customers they have.
However, this doesn't mean that online brokers do not charge any fees. They charge prices of varying rates for various services to make money. There are mainly 3 types of penalties for this objective.
The first sort of charges to look out for are trading charges. When you make an actual trade, like buying a stock or an ETF, you are billed trading fees. In these cases, you're spending a spread, financing speed, or even a commission. The sorts of trading fees and the prices differ from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the other hand, a spread denotes the gap between the buying and selling cost. Financing or overnight prices are those that are billed when you maintain a leveraged position for more than a day.
Apart from trading charges, online brokers also bill non-trading fees. These are dependent on the activities you undertake on your accounts. They are billed for surgeries like depositing money, not trading for long periods, or withdrawals.
Generally, neither ThinkMarkets or First Trade charge high fees in comparison to other online agents. For operations other agents fee for, they do not charge a broker fee, or they charge a lesser sum. This is beneficial for those who often exchange, such as weekly or daily trading.
However, non-trading fees charged by ThinkMarkets and First Trade are relatively competitive. Consequently, you're billed more for non-trading activities on your trading account, like withdrawal and deposits. These aren't related to the purchase and sale of resources.
This ThinkMarkets vs First Trade review for 2026 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For ThinkMarkets And First Trade
What Languages Do ThinkMarkets And First Trade Support?
Being able to chat completely with your trading platform is a key part of comparing trading platforms to find the best trading partner. Not only for support but to ensure you completely understand everything on their site and inside their app as it is a key factor to success when trading forex.
Below you will find all the languages that both ThinkMarkets and First Trade support.
How Many Clients Do ThinkMarkets and First Trade Have?
Both ThinkMarkets and First Trade are well established with their customer base. It is really important to work with a broker that is reputable and one of the most simple ways of establishing this is by knowing how many clients they already work with.
Below you will find details of how many clients ThinkMarkets and First Trade have
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| Broker | ThinkMarkets | First Trade |
| Clients / Users | 475,000+ | 10,000+ |
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What Payment Methods Do ThinkMarkets and First Trade Accept?
ThinkMarkets and First Trade both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at ThinkMarkets and First Trade
What Can You Trade With ThinkMarkets and First Trade?
ThinkMarkets offers 3500 trading instruments and First Trade offers 101.
Below you will find a full breakdown of what both ThinkMarkets and First Trade offer.
ThinkMarkets Review
ThinkMarkets vs First Trade:
Table Of Contents
- Compare ThinkMarkets vs First Trade
- Benefits of ThinkMarkets and First Trade Compared
- First Trade and ThinkMarkets Mobile App Comparison
- ThinkMarkets vs First Trade - Awards
- ThinkMarkets vs First Trade - Frequently Asked Questions
- What is the minimum deposit for First Trade or ThinkMarkets
- ThinkMarkets vs First Trade - Regulation And Licencing In More Detail
- Compare Broker Fees For ThinkMarkets And First Trade
- What Languages Do ThinkMarkets And First Trade Support?
- How Many Clients Do ThinkMarkets and First Trade Have?
- What Payment Methods Do ThinkMarkets and First Trade Accept?
- What Can You Trade With ThinkMarkets and First Trade?

