Pepperstone 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.

AttributePepperstoneThinkMarkets
Licence Score78Strong77Strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record76
1 FCA United Kingdom Licensed · FRN 684312Licensed
1 ASIC Australia Licensed · AFSL 414530Licensed
1 JFSA Japan —Licensed
1 BaFin Germany Licensed—
2 CySEC Cyprus Licensed · Licence 388/20Licensed
2 FSCA South Africa —Licensed
2 DFSA United Arab Emirates Licensed—
3 CMA (Kenya) Kenya Licensed—
3 SCB Bahamas Licensed—
3 CIMA Cayman Islands —Licensed
Founded20102010
HeadquartersAustraliaAustralia
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsMT4, MT5, cTrader, TradingViewMT4, MT5, Proprietary, TradingView
Minimum depositNo minimumNo minimum
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Frequently asked questions

Is Pepperstone or ThinkMarkets better regulated?

Pepperstone has the higher Licence Score (78 vs 77), based on the number and tier of licences, operating history and public listing.

Which regulators license both Pepperstone and ThinkMarkets?

Both are matched to licences from ASIC, FCA and CySEC.

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.