BlackBull Markets vs ThinkMarkets 2025
In this head to head comparison of BlackBull Markets vs ThinkMarkets, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
In this head to head comparison of BlackBull Markets vs ThinkMarkets, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
BlackBull Markets, established in 2014, and ThinkMarkets, founded in 2010, are both notable players in the online brokerage space. Neither company is publicly traded or operates as a bank. When it comes to regulatory oversight, BlackBull Markets holds one Tier-1 license, which offers a high level of trust. However, it lacks any Tier-2 licenses, giving it a ForexBrokers.com Trust Score of 78, categorizing it as an average risk broker.
ThinkMarkets, on the other hand, has a stronger regulatory standing with five Tier-1 licenses and two Tier-2 licenses, contributing to a more impressive ForexBrokers.com Trust Score of 92. This positions ThinkMarkets as a highly trusted broker by these ratings. While BlackBull Markets offers a credible option for traders, ThinkMarkets appears to provide more robust regulatory assurances, making it potentially more appealing to those placing a premium on regulatory trust.
Feature |
|
![]() |
---|---|---|
Year Founded | 2014 | 2010 |
Publicly Traded (Listed) | No | No |
Bank | No | No |
Tier-1 Licenses | 1 | 5 |
Tier-2 Licenses | 0 | 2 |
Tier-3 Licenses | 0 | 0 |
Tier-4 Licenses | 1 | 3 |
When comparing the commissions and fees of BlackBull Markets and ThinkMarkets, BlackBull Markets offers three different account types with varying trading costs, generally considered average for the industry. The Prime account at BlackBull Markets provides an average spread of 0.16 on the EUR/USD, which results in an all-in cost of 0.76 when including a commission of 0.3 pips or $6 per 10,000 traded. This makes the Prime account more appealing than the Standard account, which is commission-free but has higher spreads. The ECN Institutional account is designed for active traders with a $20,000 deposit, featuring lower commission fees of $2 per side or $4 per round turn.
ThinkMarkets does not provide average spread data for comparison. However, overall customer ratings and rankings indicate a slight edge for BlackBull Markets. It received a rating of 4.5 stars out of 5 for commissions and fees, whereas ThinkMarkets earned a 4-star rating. This suggests that BlackBull Markets might provide better value or more competitive pricing for traders when considering their specific offerings.
In terms of ranking, ForexBrokers.com placed BlackBull Markets at 19th out of 62 brokers for the Commissions and Fees category, showcasing its competitive position. Meanwhile, ThinkMarkets holds the 48th spot in the same category, indicating a less favorable standing in comparison. Overall, for traders who prioritize cost-effectiveness, BlackBull Markets seems to offer a more attractive proposition.
Feature |
|
![]() |
---|---|---|
Minimum Deposit | $0 | $50 |
Average Spread EUR/USD - Standard | 0.76 | 1.1 |
All-in Cost EUR/USD - Active | 0.76 | N/A |
Active Trader or VIP Discounts | Yes | Yes |
ACH or SEPA Transfers | No | No |
PayPal (Deposit/Withdraw) | No | No |
Skrill (Deposit/Withdraw) | Yes | Yes |
Visa/Mastercard (Credit/Debit) | Yes | Yes |
Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to the range of investments, BlackBull Markets and ThinkMarkets both offer a variety of trading opportunities, but with some notable differences. BlackBull Markets shines with a staggering 26,000 tradeable symbols, including 72 forex pairs, significantly more than ThinkMarkets' 4,000 symbols and 46 forex pairs. Both brokers provide forex trading as CFDs or spot contracts, and they offer cryptocurrency derivatives, though neither allows the purchase of actual cryptocurrency. Unique to BlackBull Markets is the ability to trade exchange-listed securities in the U.S., enabling buyers to invest in companies like Apple, whereas ThinkMarkets does not provide this option.
Despite similar offerings in certain areas such as international securities and copy trading capabilities, BlackBull Markets edges out with an impressive 5-star rating for its range of investments as compared to ThinkMarkets' 4.5 stars. Furthermore, BlackBull's comprehensive offerings secured it the #6 spot in ForexBrokers.com's ranking, well ahead of ThinkMarkets at #21 out of 62 brokers. This differentiates BlackBull as a more versatile choice for traders seeking a broader spectrum of investment options.
Feature |
|
![]() |
---|---|---|
Forex Trading (Spot or CFDs) | Yes | Yes |
Tradeable Symbols (Total) | 26000 | 4000 |
Forex Pairs (Total) | 72 | 46 |
U.S. Stock Trading (Non CFD) | Yes | No |
Int'l Stock Trading (Non CFD) | Yes | Yes |
Social Trading / Copy Trading | Yes | Yes |
Cryptocurrency (Physical) | No | No |
Cryptocurrency (Derivative) | Yes | Yes |
Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When comparing BlackBull Markets to ThinkMarkets, both brokers offer a strong lineup of trading platforms and tools for users. Both brokers provide access to MetaTrader 4 and MetaTrader 5, as well as paper trading with free virtual demo accounts. Users can trade on both Windows desktop and web-based platforms with each broker. Although they share several similar features, ThinkMarkets stands out by offering a proprietary platform developed in-house, while BlackBull Markets uses platforms developed by third parties.
In terms of additional features, BlackBull Markets offers ZuluTrade for copy trading, which is not available with ThinkMarkets. However, both brokers provide options for copy trading in general. For charting, BlackBull Markets offers 60 drawing tools, whereas ThinkMarkets provides 15. Meanwhile, ThinkMarkets leads in watchlist customization with 15 columns, compared to BlackBull Markets' 6. Despite these differences, both brokers have received a 4-star rating for their trading platforms and tools, with ThinkMarkets ranking slightly higher at #27 compared to BlackBull Markets at #28 according to ForexBrokers.com.
Feature |
|
![]() |
---|---|---|
Virtual Trading (Demo) | Yes | Yes |
Proprietary Platform | No | Yes |
Desktop Platform (Windows) | Yes | Yes |
Web Platform | Yes | Yes |
Social Trading / Copy Trading | Yes | Yes |
MetaTrader 4 (MT4) | Yes | Yes |
MetaTrader 5 (MT5) | Yes | Yes |
DupliTrade | No | No |
ZuluTrade | Yes | No |
Charting - Indicators / Studies (Total) | 109 | 30 |
Charting - Drawing Tools (Total) | 60 | 15 |
Charting - Trade From Chart | Yes | Yes |
Watchlists - Total Fields | 6 | 15 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading apps, both BlackBull Markets and ThinkMarkets provide well-crafted options for traders using iPhone and Android devices. You will find essential features like stock or forex price alerts and the ability to draw trendlines on both platforms. While both companies ensure the convenience of setting real-time watchlists, BlackBull Markets takes a step further by allowing watchlists to sync seamlessly with the clientโs online account, something that ThinkMarkets does not offer. This means any changes made on one device will automatically reflect across your account with BlackBull Markets.
Charting capabilities differ significantly between the two, with ThinkMarkets providing an impressive 94 technical studies compared to the 30 offered by BlackBull Markets. For those who rely heavily on detailed technical analysis, this may be a decisive factor. Both platforms allow you to view charts in multiple timeframes and ensure that any drawings you make are auto-saved for convenience. Overall, BlackBull Markets and ThinkMarkets each earn a solid 4-star rating for their mobile apps, yet ThinkMarkets edges out slightly ahead in the rankings with a #20 position compared to BlackBull Markets at #30. This suggests a slightly stronger overall experience with ThinkMarkets, according to user reviews on ForexBrokers.com.
Feature |
|
![]() |
---|---|---|
Android App | Yes | Yes |
Apple iOS App | Yes | Yes |
Mobile Alerts - Basic Fields | Yes | Yes |
Watchlist Syncing | Yes | No |
Mobile Charting - Indicators / Studies | 30 | 94 |
Mobile Charting - Draw Trendlines | Yes | Yes |
Mobile Charting - Multiple Time Frames | Yes | Yes |
Mobile Charting - Drawings Autosave | Yes | Yes |
Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing BlackBull Markets and ThinkMarkets for market research offerings, both brokers provide daily market commentary to help traders stay informed. However, ThinkMarkets sets itself apart by delivering forex news from leading sources like Bloomberg and Reuters, whereas BlackBull Markets does not. On the other hand, BlackBull Markets offers traders tools from Autochartist, which are not available with ThinkMarkets. For sentiment-based tools, both brokers provide features that reveal trading positions across various instruments.
While neither broker includes tools from Trading Central in their offerings, ThinkMarkets enhances its research resources with features from Acuity Trading, which are not available through BlackBull Markets. Both brokers offer economic calendars to keep traders informed of global news events. Overall, BlackBull Markets receives a stronger research rating of 4 stars compared to ThinkMarkets' 3.5 stars. On ForexBrokers.com's ranking, BlackBull Markets holds the 18th position out of 62 brokers in the research category, while ThinkMarkets is ranked at 50th.
Feature |
|
![]() |
---|---|---|
Daily Market Commentary | Yes | Yes |
Forex News (Top-Tier Sources) | No | Yes |
Autochartist | Yes | No |
Trading Central (Recognia) | No | No |
Social Sentiment - Currency Pairs | Yes | Yes |
TipRanks | No | No |
Signal Centre (Acuity Trading) | No | Yes |
Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational offerings for beginners between BlackBull Markets and ThinkMarkets, both platforms provide a solid lineup of resources designed to guide new traders through the intricacies of forex and CFDs. BlackBull Markets excels with an educational library that includes over ten resources such as articles, videos, and recorded webinars. Additionally, they offer regular monthly webinars and maintain a searchable archive, making it easier for users to find past sessions. Meanwhile, ThinkMarkets does not lag far behind, with a similarly impressive collection of beginner-friendly content and a consistent schedule of webinars to further support their learning journey.
Both brokers provide more than ten videos specifically tailored for novices, alongside advanced content for more seasoned traders, helping users progress as they gain experience. They also include comprehensive investor dictionaries with over 50 terms, making intricate concepts more digestible. BlackBull Markets slightly edges out its competitor, receiving a four-star rating and ranking 29th out of 62 brokers for education by ForexBrokers.com. In contrast, ThinkMarkets holds its own with a 3.5-star rating, positioned at 52 in the same category, signifying its commitment to offering worthwhile educational tools to its users.
Feature |
|
![]() |
---|---|---|
Education (Forex or CFDs) | Yes | Yes |
Client Webinars | Yes | Yes |
Client Webinars (Archived) | Yes | Yes |
Videos - Beginner Trading Videos | Yes | Yes |
Videos - Advanced Trading Videos | Yes | Yes |
Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that BlackBull Markets is better than ThinkMarkets. BlackBull Markets finished with an overall rank of #24, while ThinkMarkets finished with an overall rank of #27.
BlackBull Markets is a plain-vanilla MetaTrader broker with a growing range of products and support for a handful of third-party social copy trading platforms.
Feature |
|
![]() |
---|---|---|
Overall Rating |
|
|
Trust Score | 78 | 92 |
Range of Investments |
|
|
Commissions & Fees |
|
|
Platform & Tools |
|
|
Research |
|
|
Mobile Trading |
|
|
Education |
|
|
Both BlackBull Markets and ThinkMarkets provide the option to trade cryptocurrency derivatives but do not offer the service to purchase actual delivered cryptocurrency.
While both BlackBull Markets and ThinkMarkets do not support ACH, SEPA, or PayPal for deposits and withdrawals, they both offer convenient banking options through Skrill, Visa, Mastercard, and bank wire transfers.
Please note:
We review each brokerโs overall global offering โ a โYesโ checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
Select Brokers
↓×Compare
0 of 5Overall Rating | BlackBull Markets | ThinkMarkets | |
---|---|---|---|
Overall Rating |
|
| |
Commissions & Fees |
|
| |
Range of Investments |
|
| |
Platform & Tools |
|
| |
Mobile Trading |
|
| |
Research |
|
| |
Education |
|
| |
Trust Score | 78 | 92 | |
Winner | check_circle | ||
Review | BlackBull Markets Review |
Broker Screenshots | BlackBull Markets | ThinkMarkets | |
---|---|---|---|
Trading Platforms Gallery (click to expand) | |||
Mobile Trading Gallery (click to expand) | |||
Research Gallery (click to expand) | |||
Education Gallery (click to expand) |
Regulation | BlackBull Markets | ThinkMarkets | |
---|---|---|---|
Trust Score | 78 | 92 | |
Year Founded | 2014 | 2010 | |
Publicly Traded (Listed) | No | No | |
Bank | No | No | |
Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
Tier-1 Licenses | 1 | 5 | |
Tier-2 Licenses | 0 | 2 | |
Tier-3 Licenses | 0 | 0 | |
Tier-4 Licenses | 1 | 3 |
Tier-1 Licenses (Highly Trusted) | BlackBull Markets | ThinkMarkets | |
---|---|---|---|
Australia (ASIC Authorised) | No | Yes | |
Canada (CIRO Authorised) | No | No | |
Hong Kong (SFC Authorised) | No | No | |
Japan (SFC Authorised) | No | Yes | |
Singapore (MAS Authorised) | No | No | |
Switzerland (FINMA Authorised) | No | No | |
United Kingdom (U.K.) (FCA Authorised) | No | Yes | |
USA (CFTC Authorized) | No | No | |
New Zealand (FMA Authorised) | Yes | Yes | |
Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
Tier-2 Licenses (Trusted) | BlackBull Markets | ThinkMarkets | |
---|---|---|---|
Kenya (CMA Authorised) | No | No | |
Israel (ISA Authorised) | No | No | |
South Africa (FSCA Authorised) | No | Yes | |
UAE (DFSA/Central Bank Authorised) | No | Yes | |
India (SEBI Authorised) | No | No | |
Jordan (JSC Authorised) | No | No |
Investments | BlackBull Markets | ThinkMarkets | |
---|---|---|---|
Forex Trading (Spot or CFDs) | Yes | Yes | |
Tradeable Symbols (Total) | 26000 | 4000 | |
Forex Pairs (Total) | 72 | 46 | |
U.S. Stock Trading (Non CFD) | Yes | No | |
Int'l Stock Trading (Non CFD) | Yes | Yes | |
Social Trading / Copy Trading | Yes | Yes | |
Cryptocurrency (Physical) | No | No | |
Cryptocurrency (Derivative) | Yes | Yes | |
Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Cost | BlackBull Markets | ThinkMarkets | |
---|---|---|---|
Average Spread EUR/USD - Standard | 0.76 | 1.1 | |
All-in Cost EUR/USD - Active | 0.76 | N/A | |
Active Trader or VIP Discounts | Yes | Yes | |
Inactivity Fee | No | Yes | |
Execution: Agency Broker | No | Yes | |
Execution: Market Maker | Yes | Yes |
Funding | BlackBull Markets | ThinkMarkets | |
---|---|---|---|
Minimum Deposit | $0 | $50 | |
PayPal (Deposit/Withdraw) | No | No | |
Skrill (Deposit/Withdraw) | Yes | Yes | |
Visa/Mastercard (Credit/Debit) | Yes | Yes | |
Bank Wire (Deposit/Withdraw) | Yes | Yes | |
ACH or SEPA Transfers | No | No |
Trading Platforms | BlackBull Markets | ThinkMarkets | |
---|---|---|---|
Proprietary Platform | No | Yes | |
Desktop Platform (Windows) | Yes | Yes | |
Web Platform | Yes | Yes | |
Social Trading / Copy Trading | Yes | Yes | |
MetaTrader 4 (MT4) | Yes | Yes | |
MetaTrader 5 (MT5) | Yes | Yes | |
cTrader | Yes | No | |
DupliTrade | No | No | |
ZuluTrade | Yes | No |
Trading Tools | BlackBull Markets | ThinkMarkets | |
---|---|---|---|
Virtual Trading (Demo) | Yes | Yes | |
Alerts - Basic Fields | Yes | Yes | |
Watchlists - Total Fields | 6 | 15 | |
Charting - Indicators / Studies (Total) | 109 | 30 | |
Charting - Drawing Tools (Total) | 60 | 15 | |
Charting - Trade From Chart | Yes | Yes | |
Charts can be saved | Yes | Yes |
Mobile Trading | BlackBull Markets | ThinkMarkets | |
---|---|---|---|
Android App | Yes | Yes | |
Apple iOS App | Yes | Yes | |
Mobile Alerts - Basic Fields | Yes | Yes | |
Mobile Watchlist | Yes | Yes | |
Watchlist Syncing | Yes | No | |
Mobile Charting - Indicators / Studies | 30 | 94 | |
Mobile Charting - Draw Trendlines | Yes | Yes | |
Mobile Charting - Multiple Time Frames | Yes | Yes | |
Mobile Charting - Drawings Autosave | Yes | Yes | |
Mobile Economic Calendar | Yes | Yes |
Research | BlackBull Markets | ThinkMarkets | |
---|---|---|---|
Daily Market Commentary | Yes | Yes | |
Forex News (Top-Tier Sources) | No | Yes | |
Autochartist | Yes | No | |
Trading Central (Recognia) | No | No | |
TipRanks | No | No | |
Social Sentiment - Currency Pairs | Yes | Yes | |
Economic Calendar | Yes | Yes |
Education | BlackBull Markets | ThinkMarkets | |
---|---|---|---|
Education (Forex or CFDs) | Yes | Yes | |
Client Webinars | Yes | Yes | |
Client Webinars (Archived) | Yes | Yes | |
Videos - Beginner Trading Videos | Yes | Yes | |
Videos - Advanced Trading Videos | Yes | Yes | |
Investor Dictionary (Glossary) | Yes | Yes |
Major Forex Pairs | BlackBull Markets | ThinkMarkets | |
---|---|---|---|
GBP/USD | Yes | Yes | |
USD/JPY | Yes | Yes | |
EUR/USD | Yes | Yes | |
USD/CHF | Yes | Yes | |
USD/CAD | Yes | Yes | |
NZD/USD | Yes | Yes | |
AUD/USD | Yes | Yes | |
Review | BlackBull Markets Review |
Overall | BlackBull Markets | ThinkMarkets | |
---|---|---|---|
Overall Rating |
|
| |
Commissions & Fees |
|
| |
Range of Investments |
|
| |
Platform & Tools |
|
| |
Mobile Trading |
|
| |
Research |
|
| |
Education |
|
| |
Trust Score | 78 | 92 | |
Winner | check_circle | ||
Review | BlackBull Markets Review |