Decode FX vs ThinkMarkets: Comparison

Forex Broker Comparison

Detailed side-by-side analysis

Decode FX
Decode FX
VS
ThinkMarkets
ThinkMarkets
General Information Trading Conditions Account Types Platforms & Tools Payments Support

Quick Summary

Best for Beginners

ThinkMarkets

$0.00

Tightest Spreads

Decode FX

From 0.0 pips (Pro/ECN accounts) to 1.5 pips (Standard); average EUR/USD ~0.8 pips pips

Highest Leverage

ThinkMarkets

1:Up to 1:500 (non-EU); 1:30 (EU/UK retail)

Best Rated

ThinkMarkets

4.50
/5

Mobile Trading

Both

✓✓

General Information

Decode FX

Regulation

ASIC (Australia), VFSC (Vanuatu)

Founded

N/A

Headquarters

Australia

Overall Rating

4.40/5

ThinkMarkets

Regulation

CySEC (Cyprus), FCA (UK), ASIC (Australia), FSCA (South Africa), FSA (Seychelles)

Founded

N/A

Headquarters

Australia

Overall Rating

4.50/5

Trading Conditions

Feature Decode FX ThinkMarkets
Minimum Deposit $0.00 $0.00
Average Spreads From 0.0 pips (Pro/ECN accounts) to 1.5 pips (Standard); average EUR/USD ~0.8 pips From 0.4 pips (Standard); from 0.0 pips (Raw/ThinkZero)
Maximum Leverage Up to 1:500 Up to 1:500 (non-EU); 1:30 (EU/UK retail)
Commission None None

Account Types

Decode FX

beginner-friendly ecn-raw

ThinkMarkets

Standard Accounts Islamic Account ECN Accounts Classic Account Copy Trading Accounts Raw Account

Platforms & Tools

Decode FX

MetaTrader 4, MetaTrader 5

Mobile Trading

Available

Web Trading

Available

VPS Hosting

Available

Social Trading

Available

ThinkMarkets

MetaTrader 4, MetaTrader 5, WebTrader, TradingView

Mobile Trading

Available

Web Trading

Available

VPS Hosting

Available

Social Trading

Available

Payments

Decode FX

Deposit Methods

Credit/Debit Cards (Visa/Mastercard), Bank Wire, Skrill, Neteller, Alipay, Poli, DragonPay, USDT (crypto)

Withdrawal Methods

Same as deposits: Bank Wire (fee-free), Cards/Skrill/Neteller (fees apply), USDT

Withdrawal Fee

None

ThinkMarkets

Deposit Methods

Credit/Debit Cards (Visa/Mastercard), Bank Wire, PayPal, Skrill, Neteller, Apple Pay, Google Pay, Cryptocurrencies (Bitcoin, Ethereum, Bitcoin Cash via BitPay)

Withdrawal Methods

Same as deposits; processed to source method within 24 hours

Withdrawal Fee

None

Support

Decode FX

Support Languages

English, Chinese, Spanish, Arabic, Indonesian (multi-language support via MT4/MT5)

Support Channels

24/5 live chat, email, phone; Responsive weekdays but mixed reviews on speed

Account Manager

Available

ThinkMarkets

Support Languages

English, Arabic, Chinese, French, German, Indonesian, Japanese, Malay, Portuguese, Spanish, Thai, Vietnamese (12+ total)

Support Channels

24/5 live chat, email, phone; multilingual

Account Manager

Available

Ready to choose your broker?

Select the platform that best matches your needs

Open Decode FX Account Open ThinkMarkets Account