Blueberry Markets vs ThinkMarkets Forex Broker Comparison
A head-to-head comparison of Blueberry Markets and ThinkMarkets across regulation, trading costs, platforms, and editorial scoring.
Score 4.3 / 5
2 bonusesPure ASIC-regulated ECN broker with raw spreads from 0.0 pips and a $8 round-turn commission on the Direct account - a straightforward professional-grade execution desk without the marketing overhead of larger brokers.
VS
Score 4.2 / 5
2 bonusesNo minimum deposit on standard account, a highly rated ThinkTrader mobile app, and JFSA regulation for Japanese clients.
Our Verdict
Too close to call0.1 pts apart
Blueberry Markets and ThinkMarkets are extremely closely matched with scores of 4.3/5 and 4.2/5. The right choice depends on your individual trading priorities.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
Blueberry Markets offers tighter spreads from 0 pips vs 0.4 pips for ThinkMarkets, reducing trading costs.
Best for safety & regulation
Recommended
ThinkMarkets has a stronger safety profile: top-tier regulation, compensation scheme, segregated funds, negative balance protection.
Best for active traders
It's a tie
Both equally suited
Both brokers offer equivalent trading costs across spreads, commissions, and account types.
Best for platform choice
Recommended
ThinkMarkets offers more exclusive platform options: Proprietary Web/Mobile, TradingView, a proprietary platform.
Best for beginners
Recommended
Blueberry Markets edges out ThinkMarkets with a higher editorial score (4.3/5 vs 4.2/5), indicating a stronger overall experience for new traders.
Blueberry Markets vs ThinkMarkets: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.3/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.5 / 5▲ | 4.3 / 5 |
Fees & Spreads 30% weight | 4.3 / 5▲ | 4.2 / 5 |
Platforms & Tools 20% weight | 4.4 / 5▲ | 4.2 / 5 |
Customer Support 10% weight | 4.1 / 5▲ | 4.0 / 5 |
| Founded | 2016 | 2010 |
| Headquarters | Sydney, Australia | London, United Kingdom |
| Min deposit | $100 | No minimum |
| Spreads from | 0 pips | 0.4 pips |
| Commission / lot | $8/lot | $7/lot |
| Max leverage | 500:1 | 500:1 |
| Withdrawal fee | Free | Free |
| Regulators | ASIC VFSC | FCA FSCA ASIC JFSA |
| Platforms | MetaTrader 4 MetaTrader 5 cTrader | MetaTrader 4 Proprietary Web/Mobile TradingView MetaTrader 5 |
| Active bonuses | ||
| Visit broker | Visit Blueberry Markets | Visit ThinkMarkets |
Blueberry Markets vs ThinkMarkets Forex Broker Pros & Cons
Pros
ASIC-regulated with Tier 1 investor protections
MT4, MT5, and cTrader all available
Raw ECN Direct account with published execution statistics
No bonus marketing - pure execution focus
Client funds held in segregated accounts
Negative balance protection
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Pros
No minimum deposit on standard ThinkForex account
ThinkTrader proprietary app is well-reviewed for mobile trading
JFSA regulation for Japanese clients
Strong multi-region regulatory coverage
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
Raw spread account available
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Cons
$100 minimum deposit required
Limited product range - forex, indices, commodities, crypto only
No copy trading or social features
ECN commission slightly above the cheapest competitors
No investor compensation scheme
No proprietary platform
No phone support
Support available in limited languages
Cons
ThinkZero account requires $500 minimum deposit
Standard account is spread-only and not competitive for scalpers
Not available to US residents
Blueberry Markets vs ThinkMarkets: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
0
Blueberry Markets
criteria wins
4
ThinkMarkets
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Blueberry Markets | ThinkMarkets |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Fail | Pass |
| Multilingual support | Fail | Pass |
Blueberry Markets vs ThinkMarkets: Frequently Asked Questions
Based on our independent editorial scoring, Blueberry Markets ranks higher with a score of 4.3/5 vs 4.2/5 for ThinkMarkets. The best choice still depends on your individual trading needs; Blueberry Markets and ThinkMarkets may each suit different trader profiles.
Blueberry Markets offers tighter spreads starting from 0 pips, compared to ThinkMarkets's spreads from 0.4 pips. Tighter spreads lower the cost per trade, particularly valuable for high-frequency and scalping strategies.
ThinkMarkets has a lower minimum deposit of no minimum required, while Blueberry Markets requires at least $100. This makes ThinkMarkets more accessible for traders with limited starting capital.
Both Blueberry Markets and ThinkMarkets hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Both are considered safe. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners: ThinkMarkets has a lower minimum deposit (no minimum), lowering the barrier to entry; both brokers offer negative balance protection. Also weigh up educational resources and customer support quality before deciding.
Blueberry Markets offers maximum leverage of 500:1, while ThinkMarkets offers up to 500:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
ThinkMarkets charges $7 per lot, lower than Blueberry Markets's $8 per lot. Lower commissions benefit active traders who execute many trades per day.
Blueberry Markets supports MetaTrader 4, MetaTrader 5, cTrader and ThinkMarkets offers MetaTrader 4, Proprietary Web/Mobile, TradingView, MetaTrader 5; both support MetaTrader 4, MetaTrader 5; Blueberry Markets exclusively offers cTrader; ThinkMarkets exclusively offers Proprietary Web/Mobile, TradingView.
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Score 4.2 / 5
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