First Trade vs ThinkMarkets, for 2026
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First Trade Rating
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ThinkMarkets Rating
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Your capital is at risk |
71.89% of retail investor accounts lose money when trading CFDs with this provider. |
First Trade vs ThinkMarkets Guide |
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Read our In-Depth First Trade vs ThinkMarkets Review - Updated for 2026
Our review comparing First Trade and ThinkMarkets has been revised to reflect any changes for 2026 by industry experts with significant expertise in CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of First Trade vs ThinkMarkets does not apply to all countries as follows:
First Trade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
ThinkMarkets Excluded Countries
United States of America, Canada, Russian Federation, and Belgium.
Compare First Trade vs ThinkMarkets
Every trading platforms will have some pros and cons, so a complete review of First Trade and ThinkMarkets cannnot be regarded as thorough without having a fair assessment.
Compare First Trade and ThinkMarkets to get a better understanding of just how they compare against one another prior to you create an account. A comprehensive comparison can bring aspects in perspective so that you're cognizant of the expectations.
So you are looking for a reputable broker and are choosing between First Trade or ThinkMarkets. Which one is best in 2026?
This First Trade vs ThinkMarkets comparison contains the latest information so you can easily compare ThinkMarkets against First Trade.
If you are a new entrant in the realm of trading and brokers, so many details will be confusing for you. Getting into the world of trading requires expert assessing skills and thorough knowledge. You will acquire adept at all of the concepts of broker as you continue trading. For starters, you have to select the ideal agent who'll be transparent with you always.
Within this fast-paced world of stock markets and trading, you'll need advice to make proper decisions. A professionally lead investment program has the potential to generate hefty returns. First Trade and ThinkMarkets are just two such platforms that will take you along with your investment into great heights. It's important to compare First Trade vs ThinkMarkets until you trust them with your money.
Our First Trade vs ThinkMarkets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust First Trade and ThinkMarkets side by side.
Our entire First Trade vs ThinkMarkets Review covers all you will need to learn about trading using either First Trade or ThinkMarkets. A fantastic agent can multiply your first investments and give you favorable profits. If you want to earn profits, you should trade with a broker service that contrasts with your investing objectives.
There is no sure-fire method to ensure profits; thus, you should carefully analyze your agent before you select them. It is a common misconception that all brokers will be the same, but that is not true. Wrong judgment, initially, can put your investments in danger.
First Trade and ThinkMarkets are both brokers which have found their way successfully into the brokerage world. In this review, we have attempted to collate some of the vital aspects of both First Trade and ThinkMarkets. This review will help you to know whether either ThinkMarkets or First Trade is a good match for your investments or not. We have tried to breakdown all the qualities and fees for your advantage.
Benefits of First Trade and ThinkMarkets Compared
First Trade offers a minimum deposit of $5 while ThinkMarkets offers a $0 minimum deposit.
Why smaller minimum deposits are good and how First Trade and ThinkMarkets 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.
First Trade has around 101 financial instruments while ThinkMarkets has around 101 financial instruments available.
The more financial instruments you can trade on the First Trade and ThinkMarkets 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 seriously do not want to miss out on a trading opportunity due to the limitations of First Trade or ThinkMarkets.
First Trade and ThinkMarkets Contact Details
Being able to contact a broker easily is a sign of a professional broker. First Trade and ThinkMarkets have the following contact details and social medias that you can use.
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| Broker | First Trade | ThinkMarkets |
| 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 | |
| First Trade Twitter Account | ThinkMarkets Twitter Account | |
| First Trade Facebook Page | ThinkMarkets Facebook Page | |
| First Trade Instagram Account | ThinkMarkets Instagram Account | |
| First Trade LinkedIn Page | ThinkMarkets LinkedIn Page | |
| YouTube | First Trade YouTube Channel | ThinkMarkets YouTube Channel |
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ThinkMarkets and First Trade Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
In this part of our comparison of First Trade and ThinkMarkets we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of the apps as Better than the average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
While most brokers are good at this, there are some poor ones. 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?
First Trade vs ThinkMarkets - Awards
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| Broker | First Trade | ThinkMarkets |
| Awards | 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. |
ThinkMarkets have won numerous industry awards over the time they have been operating as an online trading platform. We detail the most notable awards for ThinkMarkets below.
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First Trade vs ThinkMarkets - Frequently Asked Questions
First Trade vs ThinkMarkets - Headquarters And Year Of Founding
First Trade was founded in 2008 and has its headquaters in USA.
ThinkMarkets was founded in 2010 and has its head office in Australia & United Kingdom.
What is the minimum deposit for ThinkMarkets or First Trade
The minimum deposit for First Trade is $5.
The minimum deposit for ThinkMarkets is $0.
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 First Trade and ThinkMarkets are a good option.
First Trade vs ThinkMarkets - Regulation And Licencing In More Detail
First Trade is regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA).
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 .
Both First Trade and ThinkMarkets have a powerful set of rules for ensuring fair trading on their individual platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
In accordance with their individual privacy regulations, client data is never to be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare First Trade vs ThinkMarkets Commission And Fees
First Trade and ThinkMarkets are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the companies of online trading platforms are scaled much better. That is, an online broker isn't necessarily influenced by the number of customers they have.
However, this doesn't necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to make money. There are primarily 3 different types of penalties for this purpose.
The first sort of charges to keep an eye out for are trading fees. When you make a genuine trade, like purchasing a stock or an ETF, you are charged trading fees. In these cases, you are paying a spread, funding speed, or a commission. The sorts of trading charges and the prices vary from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the other hand, a spread denotes the difference between the buying and selling cost. Funding or overnight prices are people who are charged when you hold a leveraged position for longer than daily.
Apart from trading fees, online agents also charge non-trading fees. These are dependent on the activities you undertake on your account. They are billed for surgeries like depositing cash, not trading for long periods, or withdrawals.
In general, neither First Trade or ThinkMarkets charge high fees compared to other online brokers. For operations other agents fee for, they either do not charge a broker fee, or they charge a lesser amount. This is beneficial for those who regularly exchange, for example weekly or daily trading.
But, non-trading fees charged by First Trade and ThinkMarkets are relatively lower. As a result, you're charged more for non-trading activities in your trading account, such as deposits and withdrawal. These are not related to the sale and purchase of resources.
This First Trade vs ThinkMarkets review for 2026 breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees For First Trade And ThinkMarkets
What Languages Do First Trade And ThinkMarkets Support?
Being able to talk easily with your online broker is a key element when comparing trading platforms to find your perfect broker. Not only for support but to ensure you completely understand everything on their site and inside their app as it is a key part of success when trading online.
Below you can find all the languages that both First Trade and ThinkMarkets support.
How Many Clients Do First Trade and ThinkMarkets Have?
Both First Trade and ThinkMarkets are well established with their customer base. It is important to work with a broker that is reputable and one of the easiest ways of establishing this is by knowing how many customers they already work with.
Below you will find details of how many clients First Trade and ThinkMarkets have
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| Broker | First Trade | ThinkMarkets |
| Clients / Users | 10,000+ | 475,000+ |
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What Payment Methods Do First Trade and ThinkMarkets Accept?
First Trade and ThinkMarkets 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 First Trade and ThinkMarkets
What Can You Trade With First Trade and ThinkMarkets?
First Trade offers 101 trading instruments and ThinkMarkets offers 3500.
Below you will find a full breakdown of what both First Trade and ThinkMarkets offer.
First Trade Review
First Trade vs ThinkMarkets:
Table Of Contents
- Compare First Trade vs ThinkMarkets
- Benefits of First Trade and ThinkMarkets Compared
- ThinkMarkets and First Trade Mobile App Comparison
- First Trade vs ThinkMarkets - Awards
- First Trade vs ThinkMarkets - Frequently Asked Questions
- What is the minimum deposit for ThinkMarkets or First Trade
- First Trade vs ThinkMarkets - Regulation And Licencing In More Detail
- Compare Broker Fees For First Trade And ThinkMarkets
- What Languages Do First Trade And ThinkMarkets Support?
- How Many Clients Do First Trade and ThinkMarkets Have?
- What Payment Methods Do First Trade and ThinkMarkets Accept?
- What Can You Trade With First Trade and ThinkMarkets?

