Standard Bank Online Trading 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.

AttributeStandard Bank Online TradingThinkMarkets
Licence Score48Moderate77Strong
Strongest licence 2 Tier 2 1 Tier 1
Licences on record16
1 FCA United Kingdom —Licensed
1 ASIC Australia —Licensed
1 JFSA Japan —Licensed
2 CySEC Cyprus —Licensed
2 FSCA South Africa LicensedLicensed
3 CIMA Cayman Islands —Licensed
Founded18622010
HeadquartersSouth AfricaAustralia
TypeTrading bankForex & CFD broker
Publicly listedNoNo
PlatformsProprietaryMT4, MT5, Proprietary, TradingView
Minimum deposit—No minimum
VisitVisit siteVisit site

Frequently asked questions

Is Standard Bank Online Trading or ThinkMarkets better regulated?

ThinkMarkets has the higher Licence Score (77 vs 48), based on the number and tier of licences, operating history and public listing.

Which regulators license both Standard Bank Online Trading and ThinkMarkets?

Both are matched to licences from 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.