Mitrade 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.
| Attribute | Mitrade | ThinkMarkets |
|---|---|---|
| Licence Score | 62Strong | 77Strong |
| Strongest licence | 1 Tier 1 | 1 Tier 1 |
| Licences on record | 4 | 6 |
| 1 FCA United Kingdom | — | Licensed |
| 1 ASIC Australia | Licensed | Licensed |
| 1 JFSA Japan | — | Licensed |
| 2 CySEC Cyprus | Licensed | Licensed |
| 2 FSCA South Africa | — | Licensed |
| 3 FSC (MU) Mauritius | Licensed | — |
| 3 CIMA Cayman Islands | Licensed | Licensed |
| Founded | 2011 | 2010 |
| Headquarters | Australia | Australia |
| Type | Forex & CFD broker | Forex & CFD broker |
| Publicly listed | No | No |
| Platforms | Proprietary | MT4, MT5, Proprietary, TradingView |
| Minimum deposit | US$50 | No minimum |
| Visit | Visit site | Visit site |
Frequently asked questions
Is Mitrade or ThinkMarkets better regulated?
ThinkMarkets has the higher Licence Score (77 vs 62), based on the number and tier of licences, operating history and public listing.
Which regulators license both Mitrade and ThinkMarkets?
Both are matched to licences from ASIC, CySEC and CIMA.