![ThinkMarkets vs BlackBull Markets 2024 | Comparison Table and Reviews (1) ThinkMarkets vs BlackBull Markets 2024 | Comparison Table and Reviews (1)](data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==) | ![ThinkMarkets vs BlackBull Markets 2024 | Comparison Table and Reviews (2) ThinkMarkets vs BlackBull Markets 2024 | Comparison Table and Reviews (2)](data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==) |
![ThinkMarkets vs BlackBull Markets 2024 | Comparison Table and Reviews (3) ThinkMarkets vs BlackBull Markets 2024 | Comparison Table and Reviews (3)](data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==)
4 | ![ThinkMarkets vs BlackBull Markets 2024 | Comparison Table and Reviews (5) ThinkMarkets vs BlackBull Markets 2024 | Comparison Table and Reviews (5)](data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==)
3.7 |
ThinkMarkets is ranked #37 among CFD brokers. | BlackBull Markets is ranked #19 among CFD brokers. |
| |
Founded in 2010, ThinkMarkets is a reputable CFD and forex broker with regulation from several top-tier bodies including the FCA and ASIC. The broker provides services to over 450,000 accounts from 11 global offices. Traders can use a bespoke platform, MT4 or MT5 to access a wide variety of assets including 3500+ stocks and ETFs, 46 forex pairs and over 20 cryptocurrencies. | BlackBull is a New Zealand-based CFD broker with trading opportunities on forex, stocks, indices, commodities and cryptos. The broker supports the MetaTrader 4 and 5 platforms as well as TradingView, cTrader and a proprietary mobile app. Clients can trade with high leverage and tight spreads from 0 pips on the broker's ECN accounts. |
71.89% of retail investor accounts lose money when trading CFDs with this provider. | |
Pros |
- Low fees with competitive spreads on the commission-free account and very tight spreads and a low $3.5 commission on ThinkZero
- Unique Traders' Gym simulation tool for testing out strategies on real historical data, with multiple timeframes and custom features
- In-depth educational resources for beginner, intermediate and advanced level traders, plus live webinars
- Three stable and award-winning platforms plus seamless integration with the broker's Signal Centre
- Top-tier regulation from the FCA, ASIC and CySEC plus offshore branches with high leverage
- Free VPS hosting available for MT4 and MT5, ideal for traders using Expert Advisors (EAs)
- Advanced charting package from TradingView in ThinkTrader Web - ideal for traders
- Reliable 24/7 multilingual support via telephone, email or live chat
- Quick and easy to open a ThinkMarkets account
| - CopyTrader, ZuluTrade, HokoCloud and Myfxbook copy trading
- Commission-free trading with spreads from 0.0 pips
- Superb range of platforms including TradingView Pro
- Responsive customer service during testing
- Excellent educational content for beginners
- $0 minimum deposit and 0.01 lot trades
- Huge range of 26,000+ instruments
- Autochartist plugin
|
Cons |
- $500 minimum deposit for ThinkZero account
- Not many payment methods available for UK traders
- Limited bonus offers, refer-a-friend schemes or trading competitions
| - Withdrawal fees with some methods
- US traders not accepted
|
Awards |
- Best CFD Provider 2021 - City of London Wealth Management Awards (COLWMA)
- Best Value Broker in Asia at the 2020 - Global Forex Awards
- Best Forex Trading Experience 2017 - UK Forex Awards
- Best Forex Trading Innovation 2017 - UK Forex Awards
- Best Customer Service 2013 - UK Forex Awards
| - Best ECN Broker 2022
- Deloitte Fast 50 Index 2021
- Best NZ Forex Broker 2021
|
FCA Regulated |
Yes | No List of FCA Regulated Brokers |
Instruments |
CFDs, Forex, Stocks, ETFs, Futures, Commodities, Crypto, Spread Betting (UK Only) | Forex, CFDs, stocks, indices, energies, metals, commodities, cryptos |
Demo Account |
Yes | Yes |
Minimum Deposit |
$0 | $0 |
Payment Methods |
- Apple Pay
- Credit Cards
- Google Pay
- Mastercard
- Neteller
- Skrill
- Visa
- Wire Transfer
| - Credit Cards
- Debit Card
- FasaPay
- Mastercard
- Neteller
- Skrill
- Visa
|
Minimum Trade |
0.01 Lots | 0.01 Lots |
Regulator |
FCA, ASIC, CySEC, FSCA, JFSA, FSA Seychelles | FMA, FSA |
Mobile Apps |
iOS & Android | iOS & Android |
iOS App Rating |
![ThinkMarkets vs BlackBull Markets 2024 | Comparison Table and Reviews (7) ThinkMarkets vs BlackBull Markets 2024 | Comparison Table and Reviews (7)](data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==)
4.8 | ![ThinkMarkets vs BlackBull Markets 2024 | Comparison Table and Reviews (9) ThinkMarkets vs BlackBull Markets 2024 | Comparison Table and Reviews (9)](data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==)
3.7 |
Android App Rating |
![ThinkMarkets vs BlackBull Markets 2024 | Comparison Table and Reviews (11) ThinkMarkets vs BlackBull Markets 2024 | Comparison Table and Reviews (11)](data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==)
4 | ![ThinkMarkets vs BlackBull Markets 2024 | Comparison Table and Reviews (13) ThinkMarkets vs BlackBull Markets 2024 | Comparison Table and Reviews (13)](data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==)
3.7 |
Margin Trading |
Yes | Yes |
MetaTrader 4 |
Yes | Yes |
MetaTrader 5 |
Yes | Yes |
cTrader |
No | Yes |
AlgoTrader |
No | No |
OmniTrader |
No | No |
TradingView |
No | Yes |
Autochartist |
Yes | Yes |
eSignal |
No | No |
Trading Central |
Yes | No |
STP Account |
Yes | No |
ECN Account |
No | Yes |
DMA Account |
No | No |
MAM Account |
No | Yes |
PAMM Account |
Yes | No |
LAMM Account |
No | No |
Demat Account |
No | No |
AI / Machine Learning |
No | No |
Robo Advisor |
No | No |
Negative Balance Protection |
Yes | Yes |
Market Maker |
No | No |
P2P Trading |
No | No |
Spot Trading |
No | Yes |
Auto Trading |
Expert Advisors (EAs) on MetaTrader | Yes |
Copy Trading |
Yes | Yes |
Copy Trading Platform |
The Signal Centre is FCA-regulated and offers insights into forex, stocks, indices, commodities, and cryptocurrencies. Users can receive up to 40 signals before the trading day starts. | Blackbull Markets offers an excellent selection of social and copy trading products on its CopyTrader system, plus HokoCloud, DupliTrade and Myfxbook. Traders can copy trades and strategies in a range of popular financial markets with user-friendly risk management tools. |
Social Trading |
Yes | Yes |
Trade Signals |
Signal Centre | |
VPS Hosting |
Yes | Yes |
Tournaments |
No | No |
Demo Competitions |
No | No |
Ethical Investing |
No | No |
Custodial Account |
No | No |
Guaranteed Stop Loss |
No | No |
Inactivity Fee |
$0 | $0 |
Islamic Account |
Yes | Yes |
Account Currencies |
| - USD
- EUR
- GBP
- CAD
- AUD
- NZD
- JPY
- ZAR
- SGD
|
Commodities |
- Gold
- Oil
- Natural Gas
- Silver
- Platinum
- Copper
| - Gold
- Silver
- Oil
- Gasoline
- Cocoa
- Wheat
- Corn
- Sugar
- Coffee
- Natural Gas
|
CFD |
ThinkMarkets continues to offer an excellent range of around 3500 CFD instruments covering forex, indices, stocks and commodities. Leverage is available up to 1:30 in the EU and UK, while global clients can access up to 1:500. | BlackBull Markets CFDs are offered on forex, stocks, indices, commodities and cryptos with tight spreads and high leverage. The ECN accounts offer fast execution and low slippage, and the broker provides traders with plenty of extra tools and features plus 24/7 customer support. |
Leverage |
1:500 | 1:500 |
FTSE Spread |
0.7 | 10.4 |
GBPUSD Spread< |
0.4 | 0.8 |
Oil Spread |
0.03 | 5.2 |
Stocks Spread |
From 0.4 | Variable |
Forex |
ThinkMarkets offers 46 currency pairs, which is around the industry average. Forex traders can benefit from tight 0.0-pip spreads for EUR/USD during peak market hours. Additionally, the ThinkTrader proprietary platform offers an impressive 125+ technical indicators - ideal for complex forex strategies. | BlackBull offers 64 forex pairs with very competitive pricing through its ECN accounts, with the standard commission-free spread starting from 0.8 and spreads with commission starting from zero. The broker supports diverse trading platforms including MT4 and MT5, and provides leverage up to 1:500. |
Assets |
45+ | 64 |
GBPUSD Spread |
0.3 | 0.8 |
EURUSD Spread |
0.0 | 0.2 |
EURGBP Spread |
0.0 | 0.8 |
Cryptocurrency |
With 20+ cryptocurrencies available to trade via CFDs, traders can securely speculate on crypto markets with up to 1:10 leverage. ThinkMarkets does not directly trade crypto assets, meaning you will not own the tokens, and crypto trading is not available in some jurisdictions. | BlackBull Markets traders can speculate on 11 cryptocurrencies including Bitcoin, Litecoin and Ethereum with up to 1:5 leverage. The crypto tokens are traded in pairs with USD and the broker offers a transparent pricing schedule. |
Spread |
BTC 25, ETH 6 (Variable) | Variable |
Coins |
- BCH
- LTC
- XMR
- DOGE
- XLM
- BTC
- ETH
- XRP
| - BTC
- ETH
- BCH
- LTC
- XRP
- DOGE
- ADA
- DOT
- LINK
- EOS
- XLM
|
Crypto Lending |
No | No |
Crypto Mining |
No | No |
Crypto Staking |
No | No |
Auto Market Maker |
No | No |
|
ThinkMarkets | BlackBull Markets |
| |
71.89% of retail investor accounts lose money when trading CFDs with this provider. | |
More Comparisons |
ThinkMarkets vs | BlackBull Markets vs |