Comparison of Alpari and ThinkMarkets
| Feature | Alpari | ThinkMarkets |
|---|---|---|
| Broker | ||
| Year Founded | 1998 | 2010 |
| Broker Type | ECN, MM | STP |
| Dealing | A-book, B-book | A-book |
| Execution | Market | Market |
| Regulation | MISA, NBRB | SFSA, FCA, ASIC, CySEC, FSCA, JFSA, CIMA |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView, ThinkTrader, ThinkCopy |
| Spread | ⮕ Average | ⬊ Low |
| Maximum Leverage | 1:3000 | 1:500 |
| Minimum Deposit | $50 | $1 |
| Base Currencies | USD, EUR | USD, EUR, GBP, AUD, CHF, JPY, NZD, SGD, CAD |
| Funding Methods | Bank Wire, Credit Card, Debit Card, WebMoney, Skrill, Neteller, Wallet One, Volet.com, VLoad, TC Pay, Perfect Money, Tether (USDT) Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Zcash (ZEC) | Bank Wire, Credit/Debit Card, Skrill, Neteller, Perfect Money, Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Tron (TRX), XRP (XRP), Bitcoin Cash, Dash (DASH), Tether (USDT), USD Coin (USDC) |
| Inactivity Fee | $5 per month after 6 months | $/£/€30 per month after 90 days of inactivity |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | ✖ |
| Investor Protection | Financialcommission.org | UK Financial Services Compensation Scheme (FSCS); Cyprus Investor Compensation Fund (ICF) |
| Protection Size | €20 000 | £85 000 / €20 000 |
| Segregated Accounts | ✔ | ✔ |
| Negative Balance Protection | ✔ | ✔ |
| Guaranteed Stop Loss | ✖ | ✖ |
| Copy Trading | ✖ | ✔ |
| VPS | ✖ | ✔ |
| MAM/PAMM | ✔ | ✖ |
| Scalping Allowed | ✔ | ✔ |
| EAs/Robots | ✔ | ✔ |
| Depth of Market (DOM) | ✖ | ✔ |
| Tradable Assets (CFDs) | Currencies, Indices, Stocks, Cryptocurrencies, Metals, Energies | Currencies, Indices, Stocks, Cryptocurrencies, Metals, Energies, ETFs, Futures |
| Review | Alpari Review | ThinkMarkets Review |
About Alpari
Alpari is one of the most established names in the Forex trading world, with a history dating back to 1998. The broker has built a solid reputation, particularly among traders in emerging markets, for offering a broad range of financial instruments and account types that cater to both beginners and experienced traders. Alpari provides access to Forex, commodities, indices, and cryptocurrencies, with platform options including MetaTrader 4 and MetaTrader 5, two of the most popular trading platforms globally. The broker also offers social trading features, allowing clients to copy the strategies of more experienced traders. With a long track record and diverse offerings, Alpari aims to deliver flexibility and convenience. Additionally, Alpari offers multiple deposit and withdrawal methods, which is a major advantage for traders worldwide. However, it is important to note that while Alpari has a strong presence in many regions, it is not regulated by top-tier authorities, which may be a concern for some traders. Despite this, Alpari maintains a significant customer base and continues to attract clients with its competitive spreads and educational resources.
Pros
- Established broker with over two decades of experience in the industry
- Provides MetaTrader 4 and MetaTrader 5 platforms
- Offers a PAMM feature for those interested in investing
- Comprehensive research and educational resources
- Competitive spreads and flexible leverage options
- Multiple payment methods for deposits and withdrawals
Cons
- Lack of regulation from top-tier financial authorities
- Customer support quality may vary depending on the region
- No proprietary trading platform available
About ThinkMarkets
ThinkMarkets is a multi-regulated broker founded in 2010 that offers 4,000+ CFD instruments across forex, indices, stocks, metals, energies, crypto and ETFs. Traders can choose between MT4/MT5 or the proprietary ThinkTrader platform, plus TradingView integration, with raw-spread ThinkZero accounts or commission-free Standard accounts.
Pros
- Multi-regulated (FCA, ASIC, FSCA, CySEC, FSA)
- Raw spreads from 0.0 on ThinkZero
- 4,000+ instruments; 3,500+ share CFDs and 300+ ETFs on MT5
- Copy trading via ThinkCopy; VPS; EAs/scalping allowed
- Signal Centre, Autochartist, Trading Central
- 24/7 multilingual support
- Modern funding incl. Apple Pay, Google Pay and crypto
Cons
- ThinkZero first deposit from $500
- Inactivity fee may apply after prolonged dormancy (entity-dependent)
- Global entity does not onboard residents from several jurisdictions
Alpari & ThinkMarkets Regulation
| Feature | Alpari | ThinkMarkets |
|---|---|---|
Companies | Alpari (Comoros) Ltd, Alpari Eurasia LLC | TF Global Markets Int Limited, Think Capital Limited, TF Global Markets (UK) Limited, TF Global Markets (Aust) Pty Ltd, TF Global Markets (Europe) Ltd, TF Global Markets (South Africa) (Pty) Ltd, TF Global Markets Japan, TF Global Markets (International) Limited |
Countries | Comoros, Belarus | United Kingdom, Australia, Cyprus, South Africa, Seychelles, Cayman Islands, Japan |
Regulators | MISA, NBRB | SFSA, FCA, ASIC, CySEC, FSCA, JFSA, CIMA |
Investor Protection | Financialcommission.org | UK Financial Services Compensation Scheme (FSCS); Cyprus Investor Compensation Fund (ICF) |
Investor Protection Size | €20 000 | £85 000 / €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Companies
Alpari
Alpari (Comoros) Ltd, Alpari Eurasia LLC
ThinkMarkets
TF Global Markets Int Limited, Think Capital Limited, TF Global Markets (UK) Limited, TF Global Markets (Aust) Pty Ltd, TF Global Markets (Europe) Ltd, TF Global Markets (South Africa) (Pty) Ltd, TF Global Markets Japan, TF Global Markets (International) Limited
Countries
Alpari
Comoros, Belarus
ThinkMarkets
United Kingdom, Australia, Cyprus, South Africa, Seychelles, Cayman Islands, Japan
Regulators
Alpari
MISA, NBRB
ThinkMarkets
SFSA, FCA, ASIC, CySEC, FSCA, JFSA, CIMA
Investor Protection
Alpari
Financialcommission.org
ThinkMarkets
UK Financial Services Compensation Scheme (FSCS); Cyprus Investor Compensation Fund (ICF)
Investor Protection Size
Alpari
€20 000
ThinkMarkets
£85 000 / €20 000
Publicly Traded
Alpari
ThinkMarkets
Segregated Accounts
Alpari
ThinkMarkets
Guaranteed Stop Loss
Alpari
ThinkMarkets
Negative Balance Protection
Alpari
ThinkMarkets
Account Types
| Account | Alpari | ThinkMarkets |
|---|---|---|
Market Maker Account | ||
| Account Name | Standard | — |
| Min Deposit | $50 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0.3 | — |
| Fee | No | — |
| Max Leverage | 1:1000 | — |
| Stop Out | 20% | — |
| Margin Call | 50% | — |
STP Account | ||
| Account Name | — | Standard |
| Min Deposit | — | $1 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 1.1 |
| Fee | — | No |
| Max Leverage | — | 1:500 |
| Stop Out | — | 50% |
| Margin Call | — | 100% |
ECN Account | ||
| Account Name | ECN | — |
| Min Deposit | $300 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0.1 | — |
| Fee | $5 per 1 lot | — |
| Max Leverage | 1:3000 | — |
| Stop Out | 50% | — |
| Margin Call | 80% | — |
Zero Account | ||
| Account Name | — | ThinkZero |
| Min Deposit | — | $500 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 0.0 |
| Fee | — | $7 per 1 lot |
| Max Leverage | — | 1:500 |
| Stop Out | — | 50% |
| Margin Call | — | 100% |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
Binary Options | ||
| Account | Fix-Contracts | — |
| Minimum Deposit | $50 | — |
| Option Types | Call/Put, Touch, Range, Spread, Turbo, Express | — |
| Minimum Stake | $1 | — |
| Payout | from 40% to 95% | — |
| Expiration Time | from 5 seconds to 1 day | — |
Market Maker Account
Account Name
Alpari
Standard
ThinkMarkets
—
Min Deposit
Alpari
$50
ThinkMarkets
—
Lot Size
Alpari
0.01
ThinkMarkets
—
Spread Type
Alpari
Floating
ThinkMarkets
—
Execution
Alpari
Market
ThinkMarkets
—
Min Spread
Alpari
0.3
ThinkMarkets
—
Fee
Alpari
No
ThinkMarkets
—
Max Leverage
Alpari
1:1000
ThinkMarkets
—
Stop Out
Alpari
20%
ThinkMarkets
—
Margin Call
Alpari
50%
ThinkMarkets
—
STP Account
Account Name
Alpari
—
ThinkMarkets
Standard
Min Deposit
Alpari
—
ThinkMarkets
$1
Lot Size
Alpari
—
ThinkMarkets
0.01
Spread Type
Alpari
—
ThinkMarkets
Floating
Execution
Alpari
—
ThinkMarkets
Market
Min Spread
Alpari
—
ThinkMarkets
1.1
Fee
Alpari
—
ThinkMarkets
No
Max Leverage
Alpari
—
ThinkMarkets
1:500
Stop Out
Alpari
—
ThinkMarkets
50%
Margin Call
Alpari
—
ThinkMarkets
100%
ECN Account
Account Name
Alpari
ECN
ThinkMarkets
—
Min Deposit
Alpari
$300
ThinkMarkets
—
Lot Size
Alpari
0.01
ThinkMarkets
—
Spread Type
Alpari
Floating
ThinkMarkets
—
Execution
Alpari
Market
ThinkMarkets
—
Min Spread
Alpari
0.1
ThinkMarkets
—
Fee
Alpari
$5 per 1 lot
ThinkMarkets
—
Max Leverage
Alpari
1:3000
ThinkMarkets
—
Stop Out
Alpari
50%
ThinkMarkets
—
Margin Call
Alpari
80%
ThinkMarkets
—
Zero Account
Account Name
Alpari
—
ThinkMarkets
ThinkZero
Min Deposit
Alpari
—
ThinkMarkets
$500
Lot Size
Alpari
—
ThinkMarkets
0.01
Spread Type
Alpari
—
ThinkMarkets
Floating
Execution
Alpari
—
ThinkMarkets
Market
Min Spread
Alpari
—
ThinkMarkets
0.0
Fee
Alpari
—
ThinkMarkets
$7 per 1 lot
Max Leverage
Alpari
—
ThinkMarkets
1:500
Stop Out
Alpari
—
ThinkMarkets
50%
Margin Call
Alpari
—
ThinkMarkets
100%
Additional Features
Demo Account
Alpari
ThinkMarkets
VIP Account
Alpari
ThinkMarkets
Swap-Free Account
Alpari
ThinkMarkets
Copy Trading
Alpari
ThinkMarkets
VPS
Alpari
ThinkMarkets
PAMM/MAM Accounts
Alpari
ThinkMarkets
Binary Options
Account
Alpari
Fix-Contracts
ThinkMarkets
—
Minimum Deposit
Alpari
$50
ThinkMarkets
—
Option Types
Alpari
Call/Put, Touch, Range, Spread, Turbo, Express
ThinkMarkets
—
Minimum Stake
Alpari
$1
ThinkMarkets
—
Payout
Alpari
from 40% to 95%
ThinkMarkets
—
Expiration Time
Alpari
from 5 seconds to 1 day
ThinkMarkets
—
Funding and Fees
| Feature | Alpari | ThinkMarkets |
|---|---|---|
Base currencies | USD, EUR | USD, EUR, GBP, AUD, CHF, JPY, NZD, SGD, CAD |
Deposit and withdrawal methods | Bank Wire, Credit Card, Debit Card, WebMoney, Skrill, Neteller, Wallet One, Volet.com, VLoad, TC Pay, Perfect Money, Tether (USDT) Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Zcash (ZEC) | Bank Wire, Credit/Debit Card, Skrill, Neteller, Perfect Money, Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Tron (TRX), XRP (XRP), Bitcoin Cash, Dash (DASH), Tether (USDT), USD Coin (USDC) |
Inactivity fee | $5 per month after 6 months | $/£/€30 per month after 90 days of inactivity |
Interest on margin | ||
Withdrawal fee |
Base currencies
Alpari
USD, EUR
ThinkMarkets
USD, EUR, GBP, AUD, CHF, JPY, NZD, SGD, CAD
Deposit and withdrawal methods
Alpari
Bank Wire, Credit Card, Debit Card, WebMoney, Skrill, Neteller, Wallet One, Volet.com, VLoad, TC Pay, Perfect Money, Tether (USDT) Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Zcash (ZEC)
ThinkMarkets
Bank Wire, Credit/Debit Card, Skrill, Neteller, Perfect Money, Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Tron (TRX), XRP (XRP), Bitcoin Cash, Dash (DASH), Tether (USDT), USD Coin (USDC)
Inactivity fee
Alpari
$5 per month after 6 months
ThinkMarkets
$/£/€30 per month after 90 days of inactivity
Interest on margin
Alpari
ThinkMarkets
Withdrawal fee
Alpari
ThinkMarkets
Trading Platforms and Conditions
| Feature | Alpari | ThinkMarkets |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView, ThinkTrader, ThinkCopy |
Execution Speed | 0.1 ms | - |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | average | low |
Trading Platforms
Alpari
MetaTrader 4 (MT4), MetaTrader 5 (MT5)
ThinkMarkets
MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView, ThinkTrader, ThinkCopy
Execution Speed
Alpari
0.1 ms
ThinkMarkets
-
Scalping
Alpari
ThinkMarkets
Expert Advisors (EAs)
Alpari
ThinkMarkets
Depth of Market (DOM)
Alpari
ThinkMarkets
Spread
Alpari
average
ThinkMarkets
low
Trading Assets
| Asset | Alpari | ThinkMarkets |
|---|---|---|
Currencies | 46 | 46 |
Indices | 12 | 15 |
Stocks | 631 | 3305 |
Cryptocurrencies | 9 | 21 |
Bonds | 0 | 0 |
Metals | 2 | 10 |
Energies | 3 | 3 |
Soft Commodities | 0 | 3 |
ETFs | 0 | 364 |
Currencies
Alpari
46
ThinkMarkets
46
Indices
Alpari
12
ThinkMarkets
15
Stocks
Alpari
631
ThinkMarkets
3305
Cryptocurrencies
Alpari
9
ThinkMarkets
21
Bonds
Alpari
0
ThinkMarkets
0
Metals
Alpari
2
ThinkMarkets
10
Energies
Alpari
3
ThinkMarkets
3
Soft Commodities
Alpari
0
ThinkMarkets
3
ETFs
Alpari
0
ThinkMarkets
364
Education and Analytics
| Feature | Alpari | ThinkMarkets |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Economic Calendar
Alpari
ThinkMarkets
Indicators
Alpari
ThinkMarkets
Robots
Alpari
ThinkMarkets
Signals
Alpari
ThinkMarkets
Autochartist
Alpari
ThinkMarkets
Expert Analytics
Alpari
ThinkMarkets
News Feed
Alpari
ThinkMarkets
Education Articles
Alpari
ThinkMarkets
Webinars
Alpari
ThinkMarkets
Seminars
Alpari
ThinkMarkets
Customer Support
| Contact | Alpari | ThinkMarkets |
|---|---|---|
Email | support@alpari.im | support@thinkmarkets.com |
Phone | +44 2045 771951 | +442035142374 |
Facebook | ||
LinkedIn | — | |
YouTube | YouTube | YouTube |
Instagram | ||
Twitter | — |
Email
Alpari
ThinkMarkets
Phone
Alpari
ThinkMarkets
LinkedIn
Alpari
—
ThinkMarkets
Twitter
Alpari
—
ThinkMarkets
Which Broker is Better?
After comparing Alpari and ThinkMarkets, ThinkMarkets comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
More Comparisons
Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.