ThinkMarkets vs ArgusFX

ThinkMarkets or ArgusFX – which is better for UK traders 2024? Compare ThinkMarkets and ArgusFX in this detailed breakdown of their platforms, features and fees.

ThinkMarkets vs ArgusFX Comparison Table 2024
ThinkMarkets ArgusFX
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4
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ThinkMarkets is ranked #37 among CFD brokers. ArgusFX is ranked # among .
Founded in 2010, ThinkMarkets is a reputable CFD and forex broker with regulation from several top-tier bodies including the FCA and ASIC. The broker provides services to over 450,000 accounts from 11 global offices. Traders can use a bespoke platform, MT4 or MT5 to access a wide variety of assets including 3500+ stocks and ETFs, 46 forex pairs and over 20 cryptocurrencies.
ArgusFX has closed or no longer accepts UK clients.
71.89% of retail investor accounts lose money when trading CFDs with this provider.
Pros
  • Low fees with competitive spreads on the commission-free account and very tight spreads and a low $3.5 commission on ThinkZero
  • Unique Traders' Gym simulation tool for testing out strategies on real historical data, with multiple timeframes and custom features
  • In-depth educational resources for beginner, intermediate and advanced level traders, plus live webinars
  • Three stable and award-winning platforms plus seamless integration with the broker's Signal Centre
  • Top-tier regulation from the FCA, ASIC and CySEC plus offshore branches with high leverage
  • Free VPS hosting available for MT4 and MT5, ideal for traders using Expert Advisors (EAs)
  • Advanced charting package from TradingView in ThinkTrader Web - ideal for traders
  • Reliable 24/7 multilingual support via telephone, email or live chat
  • Quick and easy to open a ThinkMarkets account
Cons
  • $500 minimum deposit for ThinkZero account
  • Not many payment methods available for UK traders
  • Limited bonus offers, refer-a-friend schemes or trading competitions
Awards
  • Best CFD Provider 2021 - City of London Wealth Management Awards (COLWMA)
  • Best Value Broker in Asia at the 2020 - Global Forex Awards
  • Best Forex Trading Experience 2017 - UK Forex Awards
  • Best Forex Trading Innovation 2017 - UK Forex Awards
  • Best Customer Service 2013 - UK Forex Awards
FCA Regulated
Yes
Instruments
CFDs, Forex, Stocks, ETFs, Futures, Commodities, Crypto, Spread Betting (UK Only)
Demo Account
Yes
Minimum Deposit
$0
Payment Methods
Minimum Trade
0.01 Lots
Regulator
FCA, ASIC, CySEC, FSCA, JFSA, FSA Seychelles
Mobile Apps
iOS & Android
iOS App Rating
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4.8
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Android App Rating
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4
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Margin Trading
Yes
MetaTrader 4
Yes
MetaTrader 5
Yes
cTrader
No
AlgoTrader
No
OmniTrader
No
TradingView
No
Autochartist
Yes
eSignal
No
Trading Central
Yes
STP Account
Yes
ECN Account
No
DMA Account
No
MAM Account
No
PAMM Account
Yes
LAMM Account
No
Demat Account
No
AI / Machine Learning
No
Robo Advisor
No
Negative Balance Protection
Yes
Market Maker
No
P2P Trading
No
Spot Trading
No
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes
Copy Trading Platform
The Signal Centre is FCA-regulated and offers insights into forex, stocks, indices, commodities, and cryptocurrencies. Users can receive up to 40 signals before the trading day starts.
Social Trading
Yes
Trade Signals
Signal Centre
VPS Hosting
Yes
Tournaments
No
Demo Competitions
No
Ethical Investing
No
Custodial Account
No
Guaranteed Stop Loss
No
Inactivity Fee
$0
Islamic Account
Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
  • JPY
  • CHF
Commodities
  • Gold
  • Oil
  • Natural Gas
  • Silver
  • Platinum
  • Copper
CFD
ThinkMarkets continues to offer an excellent range of around 3500 CFD instruments covering forex, indices, stocks and commodities. Leverage is available up to 1:30 in the EU and UK, while global clients can access up to 1:500.
Leverage
1:500
FTSE Spread
0.7
GBPUSD Spread<
0.4
Oil Spread
0.03
Stocks Spread
From 0.4
Forex
ThinkMarkets offers 46 currency pairs, which is around the industry average. Forex traders can benefit from tight 0.0-pip spreads for EUR/USD during peak market hours. Additionally, the ThinkTrader proprietary platform offers an impressive 125+ technical indicators - ideal for complex forex strategies.
Assets
45+
GBPUSD Spread
0.3
EURUSD Spread
0.0
EURGBP Spread
0.0
ThinkMarkets ArgusFX
71.89% of retail investor accounts lose money when trading CFDs with this provider.
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