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BlackBull Markets vs ThinkMarkets 2026

BrokerNotes.co

Written by BrokerNotes.co

January 23, 2025
  Fact Checked

Trying to decide between BlackBull Markets and ThinkMarkets? We’ve taken the guesswork out of the equation with our Comparison Tool. Use our tool to compare hundreds of data points, side-by-side, to see how these two brokers stack up against each other.

Based on our extensive research, hands-on testing, and expert analysis of over a hundred data-driven variables, we've determined that, overall, BlackBull Markets ranks more highly than ThinkMarkets.

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Compare

0 of 5
Overall Rating BlackBull Markets ThinkMarkets
Overall Rating star 8.0 /10 star 7.9 /10
Offering of Investments star 9.5 /10 star 8.5 /10
Commissions & Fees star 8.5 /10 star 7.5 /10
Platform & Tools star 8.0 /10 star 8.0 /10
Research star 8.0 /10 star 6.5 /10
Mobile Trading star 7.5 /10 star 8.0 /10
Education star 7.5 /10 star 6.5 /10
Account Type BlackBull Markets ThinkMarkets
Islamic Account Yes
Professional Account
VIP/Premium Account
Deposit/Withdrawal Options BlackBull Markets ThinkMarkets
Minimum Deposit $0 $50
Bank Wire (Deposit/Withdraw) Yes
Credit card (Deposit/withdraw)
PayPal (Deposit/Withdraw) No
Non-wire bank transfer Yes No
Copy Trading BlackBull Markets ThinkMarkets
Copy Trading Yes Yes
Cryptocurrency BlackBull Markets ThinkMarkets
Cryptocurrency (Underlying) No No
Cryptocurrency (CFDs) Yes Yes
Bitcoin (BTC) Yes Yes
Ethereum (ETH) Yes Yes
Forex Trading (Spot or CFDs) BlackBull Markets ThinkMarkets
Forex Trading (Spot or CFDs) Yes Yes
Indices (Index CFDs) BlackBull Markets ThinkMarkets
DAX Yes Yes
Dow Jones Yes Yes
FTSE Yes Yes
NASDAQ 100 Yes Yes
Nikkei Yes Yes
SP 500 Yes Yes
Investments BlackBull Markets ThinkMarkets
Forex Trading (Spot or CFDs) Yes Yes
Spread Betting No Yes
Copy Trading Yes Yes
Commodities: Silver Yes Yes
Commodities: Oil Yes Yes
Commodities: Agriculturals Yes No
ETF Yes No
U.S. Stocks (CFDs) Yes Yes
Trading Platforms BlackBull Markets ThinkMarkets
Apple iOS App Yes Yes
Android App Yes Yes
Proprietary Desktop Trading Platform No Yes
Desktop Platform (Windows) Yes Yes
Web Platform Yes Yes
MetaTrader 4 (MT4) Yes Yes
MetaTrader 5 (MT5) Yes Yes
Regulatory Licenses BlackBull Markets ThinkMarkets
Tier-1 Licenses 1 5
Australia (ASIC Authorised) No Yes
Canada (CIRO Authorised) No No
Hong Kong (SFC Authorised) No No
Japan (FSA Authorised) No Yes
Singapore (MAS Authorised) No No
Switzerland (FINMA Authorised)
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 0 2
Tier-3 Licenses 0 0
Research, Education BlackBull Markets ThinkMarkets
Trading Central No No
Forex News (Top-Tier Sources) No Yes
Daily Market Commentary (Articles) Yes Yes
Autochartist Yes No
Videos - Beginner Trading Videos Yes Yes
Trading Costs BlackBull Markets ThinkMarkets
Minimum Deposit $0 $50
Average spread (EUR/USD) - Standard account 1.16 1.1
All-in Cost EUR/USD - Active 0.76 N/A
Trading Tools BlackBull Markets ThinkMarkets
Charting - Indicators / Studies (Total) 109 30
Mobile Charting - Indicators / Studies 30 94
Trust Factors BlackBull Markets ThinkMarkets
Year Founded 2014 2010
Publicly Traded (Listed) No No
Bank No No
Regulated in one or more EU or EEA countries (MiFID). No Yes
Trust Score 77 92
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BlackBull Markets vs ThinkMarkets Comparison

Comparing forex brokers side by side is no easy task. Our research team has collected thousands of data points, written hundreds of thousands of words of research, and tested over 60 brokers to help you find the best forex brokers in the industry. Trying to decide between BlackBull Markets and ThinkMarkets? Our independent database powered by our unbiased research will help you compare BlackBull Markets vs ThinkMarkets side-by-side.

What is Trust Score?

Trust Score is a data-driven rating system that provides an at-a-glance rating of a broker’s overall trust by tracking 60+ brokers and over 100 regulatory jurisdictions across the globe. To make things clearer for everyday traders, we’ve created a five-tier system for regulators and Trust Score rating labels. Learn more about Trust Score, and check out our country guides to see the most trusted brokers in your country of residence.

Can I trust BlackBull Markets?

BlackBull Markets has a Trust Score of 77, giving it a "Average Risk" Trust Score Label.

Can I trust ThinkMarkets?

ThinkMarkets has a Trust Score of 92, giving it a "Highly Trusted" Trust Score Label.

Is BlackBull Markets a good broker?

BlackBull Markets is an up-and-coming broker that offers the full MetaTrader suite (both MetaTrader 4 and MetaTrader 5), a proprietary Social Copy Trading platform, as well as integration with the popular TradingView platform. Traders at BlackBull Markets gain access to share trading, CFDs, and a growing range of markets from its brands regulated in New Zealand and the Seychelles. BlackBull Markets' educational content has grown in recent years, but still trails behind what's offered by the best forex brokers in that category.

Is ThinkMarkets a good broker?

Founded in 2010, ThinkMarkets is a trusted broker that holds multiple Tier-1 regulatory licenses, boosting its overall Trust Score rating. ThinkMarkets offers the full MetaTrader platform suite (both MT4 and MT5) as well as its proprietary ThinkTrader platform. Traders at ThinkMarkets also gain access to trading signals via its Signals Centre and social copy trading (in certain jurisdictions). ThinkMarkets has a growing number of available markets, research materials, and educational content, yet still has room to improve in these important categories.

What Tier-1 jurisdictions is each broker regulated in?

Tier-1 is reserved for the strictest, most stringent regulatory jurisdictions in the world. Tier-1 regulators impose additional capital requirements and require a tougher initial screening process. BlackBull Markets holds regulatory licenses in the following Tier-1 jurisdictions: New Zealand (FMA Authorised). ThinkMarkets, on the other hand, is licensed in these Tier-1 regulatory jurisdictions: Australia (ASIC Authorised), Japan (FSA Authorised), New Zealand (FMA Authorised) and United Kingdom (U.K.) (FCA Authorised). Neither have Canada (CIRO Authorised), Hong Kong (SFC Authorised), CBI Authorised (Ireland), Singapore (MAS Authorised), Switzerland (FINMA Authorised) and USA (CFTC Authorized)

What Tier-2 jurisdictions is each broker regulated in? What about Tier-3?

Tier-2 and tier-3 licenses are still important in evaluating the overall trustworthiness of forex brokers. As far as tier-2 licenses go, BlackBull Markets is none, while ThinkMarkets is Cyprus (CySEC Authorised), South Africa (FSCA Authorised) and UAE (DFSA, FSRA, or CMA Authorised).. Neither have China (CBRC Authorised), India (SEBI Authorised), Israel (ISA Authorised), Russia (CBR Authorised) and Thailand (SEC Authorised). When comparing tier-3 licenses BlackBull Markets is none, while ThinkMarkets is Cayman Islands (CIMA Authorised) and Mauritius (FSC Authorised).. Neither have Bahamas (SCB Authorised), Belize (FSC Authorised), Bermuda (BMA Authorised), British Virgin Islands (FSC Authorised) and Vanuatu (VFSC Authorised).

Which broker offers more trading platforms?

Whether your broker develops its own proprietary platforms or provides access to popular third-party platforms, you should make sure you can use your preferred type of trading platform. In our testing, we found that BlackBull Markets offers a Desktop Platform (Windows) and cTrader, whereas ThinkMarkets supports a Proprietary Desktop Trading Platform and Desktop Platform (Windows). Neither have DupliTrade [DELETED] and ZuluTrade [DELETED]

Does BlackBull Markets offer MetaTrader? Does ThinkMarkets offer MetaTrader?

Both BlackBull Markets and ThinkMarkets offer the whole MetaTrader suite, which consists of both MetaTrader 4 and MetaTrader 5. If you’re new to MetaTrader 4 here’s our educational guide on how to use MT4.

How do BlackBull Markets and ThinkMarkets differ in terms of minimum deposit? What about average spreads and funding options?

BlackBull Markets requires a minimum deposit of $0, while ThinkMarkets requires a minimum deposit of $50. It's also important to ensure your broker accepts the funding options and deposit methods that work best for you. In our research, we've found that BlackBull Markets supports Bank Wire (Deposit/Withdraw) and Skrill (Deposit/Withdraw) for funding and deposit methods, whereas ThinkMarkets supports neither of these. Neither have Visa/Mastercard (Credit/Debit) [DELETED] and PayPal (Deposit/Withdraw)

Which broker offers more tradeable asset classes, BlackBull Markets or ThinkMarkets?

When choosing a forex broker, it’s important to consider each broker’s available investment products and tradeable asset classes. We’ve researched each broker’s individual offering of investments to help you pick the right broker for what you want to trade. During our testing, we found that BlackBull Markets delivers a more diverse selection of investment options than ThinkMarkets, offering tradeable asset classes and investment types such as Forex Trading (Spot or CFDs), Copy Trading, Commodities: Silver, Commodities: Oil, Commodities: Agriculturals, ETF and U.S. Stocks (CFDs).

We also keep track of each broker’s total number of tradeable symbols; BlackBull Markets offers 26000, and ThinkMarkets offers a total of 4000 tradeable symbols.

Can I trade cryptocurrency with BlackBull Markets or ThinkMarkets?

Crypto trading has become popular among forex traders across a range of international jurisdictions. As a result, many forex brokers now offer crypto products to their clients; most crypto assets are offered either as an underlying physical asset (such as when you own actual bitcoin assets, for example) or as a derivative product like a CFD. If you are looking to trade physical cryptocurrencies, you’ll find that neither BlackBull Markets nor ThinkMarkets allow you to trade physical cryptocurrencies.

Who offers more research tools, BlackBull Markets or ThinkMarkets?

Market research plays a huge role in any forex trader’s ability to conduct analysis within the global forex market. We test each broker’s research offering to help you decide which broker is right for your technical or fundamental analysis needs. BlackBull Markets delivers the following research tools: Autochartist, Daily Market Commentary (Articles) and Copy Trading. ThinkMarkets, on the other hand, provides the tools listed here: Daily Market Commentary (Articles), Forex News (Top-Tier Sources) and Copy Trading. Neither have Stock Charts [DELETED] and Trading Central

Broker Reviews

Still looking for more information, read our broker reviews.

BlackBull Markets Review

ThinkMarkets Review

Overall winner: BlackBull Markets

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We review each broker’s overall global offering – a “Yes” 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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