IronFX vs ThinkMarkets: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeIronFXThinkMarkets
Licence Score50Moderate77Strong
Strongest licence 2 Tier 2 1 Tier 1
Licences on record36
1 FCA United Kingdom —Licensed
1 ASIC Australia —Licensed
1 JFSA Japan —Licensed
2 CySEC Cyprus LicensedLicensed
2 FSCA South Africa LicensedLicensed
3 CIMA Cayman Islands —Licensed
3 BMA Bermuda Licensed—
Founded20102010
HeadquartersCyprusAustralia
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsMT4MT4, MT5, Proprietary, TradingView
Minimum depositUS$100No minimum
VisitVisit siteVisit site

Frequently asked questions

Is IronFX or ThinkMarkets better regulated?

ThinkMarkets has the higher Licence Score (77 vs 50), based on the number and tier of licences, operating history and public listing.

Which regulators license both IronFX and ThinkMarkets?

Both are matched to licences from CySEC and FSCA.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.