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BlackBull Markets vs ThinkMarkets 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 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.

BlackBull Markets
4.5/5 Stars Overall
  • Minimum Deposit: $0
  • Trust Score: 78
  • Tradeable Symbols (Total): 26000
ThinkMarkets
4/5 Stars Overall
  • Minimum Deposit: $50 info
  • Trust Score: 92
  • Tradeable Symbols (Total): 4000

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.

Regulation

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 BlackBull Markets logoBlackBull Markets
ThinkMarkets logoThinkMarkets
Year Founded info 2014 2010
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 1 5
Tier-2 Licenses info 0 2
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 3

Fees

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 BlackBull Markets logoBlackBull Markets
ThinkMarkets logoThinkMarkets
Minimum Deposit info $0 $50 info
Average Spread EUR/USD - Standard info 0.76 info 1.1 info
All-in Cost EUR/USD - Active info 0.76 info N/A info
Active Trader or VIP Discounts info Yes Yes
ACH or SEPA Transfers info No No
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

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 BlackBull Markets logoBlackBull Markets
ThinkMarkets logoThinkMarkets
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 26000 4000
Forex Pairs (Total) info 72 46
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes Yes
Social Trading / Copy Trading info Yes Yes info
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info Yes Yes info
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.

Trading platforms and tools

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 BlackBull Markets logoBlackBull Markets
ThinkMarkets logoThinkMarkets
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info No Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes info
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
DupliTrade info No No
ZuluTrade info Yes No
Charting - Indicators / Studies (Total) info 109 30
Charting - Drawing Tools (Total) info 60 15
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 6 15
View More

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

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 clientโ€™s 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 BlackBull Markets logoBlackBull Markets
ThinkMarkets logoThinkMarkets
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 30 94
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

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 BlackBull Markets logoBlackBull Markets
ThinkMarkets logoThinkMarkets
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info No Yes
Autochartist info Yes No
Trading Central (Recognia) info No No
Social Sentiment - Currency Pairs info Yes Yes
TipRanks info No No
Signal Centre (Acuity Trading) info No Yes
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

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 BlackBull Markets logoBlackBull Markets
ThinkMarkets logoThinkMarkets
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes Yes
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Investor Dictionary (Glossary) info Yes Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

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 BlackBull Markets logoBlackBull Markets
ThinkMarkets logoThinkMarkets
Overall Rating info 4.5/5 Stars 4/5 Stars
Trust Score info 78 92
Range of Investments 5/5 Stars 4.5/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 4/5 Stars 3.5/5 Stars

FAQs

Can you trade cryptocurrency with BlackBull Markets or ThinkMarkets?

Both BlackBull Markets and ThinkMarkets provide the option to trade cryptocurrency derivatives but do not offer the service to purchase actual delivered cryptocurrency.

What funding options does each broker offer?

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.




announcementPlease note:

We review each brokerโ€™s overall global offering โ€“ a โ€œYesโ€ 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.

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Compare

0 of 5
Overall Rating BlackBull Markets ThinkMarkets
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 4.5/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Education 4/5 Stars 3.5/5 Stars
Trust Score info 78 92
Winner check_circle
Review BlackBull Markets Review
Broker Screenshots BlackBull Markets ThinkMarkets
Trading Platforms Gallery (click to expand) info
Mobile Trading Gallery (click to expand) info
Research Gallery (click to expand) info
Education Gallery (click to expand) info
Regulation BlackBull Markets ThinkMarkets
Trust Score info 78 92
Year Founded info 2014 2010
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info No info Yes info
Tier-1 Licenses info 1 5
Tier-2 Licenses info 0 2
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 3
Tier-1 Licenses (Highly Trusted) BlackBull Markets ThinkMarkets
Australia (ASIC Authorised) info No Yes
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No Yes
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info No No
United Kingdom (U.K.) (FCA Authorised) info No Yes
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info Yes Yes
Regulated in one or more EU or EEA countries (MiFID). info No info Yes info
Tier-2 Licenses (Trusted) BlackBull Markets ThinkMarkets
Kenya (CMA Authorised) info No No
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No Yes
UAE (DFSA/Central Bank Authorised) info No Yes
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No No
Investments BlackBull Markets ThinkMarkets
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 26000 4000
Forex Pairs (Total) info 72 46
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes Yes
Social Trading / Copy Trading info Yes Yes info
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info Yes Yes info
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 info 0.76 info 1.1 info
All-in Cost EUR/USD - Active info 0.76 info N/A info
Active Trader or VIP Discounts info Yes Yes
Inactivity Fee info No Yes
Execution: Agency Broker info No Yes
Execution: Market Maker info Yes Yes
Funding BlackBull Markets ThinkMarkets
Minimum Deposit info $0 $50 info
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info No No
Trading Platforms BlackBull Markets ThinkMarkets
Proprietary Platform info No Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes info
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
cTrader info Yes No
DupliTrade info No No
ZuluTrade info Yes No
Trading Tools BlackBull Markets ThinkMarkets
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 6 15
Charting - Indicators / Studies (Total) info 109 30
Charting - Drawing Tools (Total) info 60 15
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading BlackBull Markets ThinkMarkets
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 30 94
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Economic Calendar info Yes Yes
Research BlackBull Markets ThinkMarkets
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info No Yes
Autochartist info Yes No
Trading Central (Recognia) info No No
TipRanks info No No
Social Sentiment - Currency Pairs info Yes Yes
Economic Calendar info Yes Yes
Education BlackBull Markets ThinkMarkets
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes Yes
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Investor Dictionary (Glossary) info Yes Yes
Major Forex Pairs BlackBull Markets ThinkMarkets
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review BlackBull Markets Review
Overall BlackBull Markets ThinkMarkets
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 4.5/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Education 4/5 Stars 3.5/5 Stars
Trust Score info 78 92
Winner check_circle
Review BlackBull Markets Review
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