Two brokers compete over stock CFDs across multiple platforms and regulatory footprints. The tension centers on safety protections versus breadth of global access.
ThinkMarkets has a compensation scheme that BlackBull Markets does not, the single clearest regulatory differentiator. Both are closely matched on overall offering.
Find out which stock broker best suits your investing profile.
Choose BlackBull Markets if…
Choose BlackBull Markets if you want genuine DMA access via IRESS. You get Level II depth and broad platform coverage across MT4, MT5, cTrader, TradingView, and IRESS.
Choose ThinkMarkets if…
Choose ThinkMarkets if you value a proprietary ThinkTrader platform. You access 3,000+ share CFDs and ThinkCopy social trading features.
Which broker wins for each type of stock trader, based on costs, safety, features, and editorial scoring.
ThinkMarkets is regulated by FCA, ASIC, FSCA, and JFSA.
| Editorial score | 3.7/ 5 | 3.8/ 5 |
|---|---|---|
| Min deposit | No minimum | No minimum |
| Spreads from | 0 pips▼ lower | 0.4 pips |
| Commission / lot | $6/lot▼ lower | $7/lot |
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | BlackBull Markets | ThinkMarkets |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, SEC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS, SIPC) | Fail | Pass |
| Costs | ||
| Commission-free trading | Fail | Fail |
| Features | ||
| Fractional shares | Fail | Fail |
| Dividend reinvestment (DRIP) | Fail | Fail |
| Extended hours trading | Fail | Fail |
| IPO access | Fail | Fail |
| Short selling | Pass | Pass |
| Stock screener tool | Fail | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| 24/5 live chat | Pass | Pass |
| Phone support | Fail | Pass |
The scores are close: BlackBull Markets rates 3.7/5 and ThinkMarkets rates 3.8/5. ThinkMarkets has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
BlackBull Markets lists tighter spreads from 0, compared with ThinkMarkets's 0.4. For stock trading, also factor in any per-trade or per-share commissions — spreads and commissions together determine the true cost per trade.
Neither BlackBull Markets nor ThinkMarkets requires a minimum deposit, making both accessible regardless of starting capital.
Both BlackBull Markets and ThinkMarkets hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, both brokers provide negative balance protection. Also compare demo account availability and educational resources on each broker's site before deciding.
BlackBull Markets lists maximum leverage of 20:1, while ThinkMarkets lists up to 20:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
BlackBull Markets charges $6 per trade, lower than ThinkMarkets's $7 per trade. Lower commissions benefit active traders who execute many trades per day. Stock commissions may be charged as a flat rate per trade or per share; confirm the exact structure on each broker's website.
BlackBull Markets supports cTrader, MetaTrader 5, TradingView, DXtrade, MetaTrader 4, while ThinkMarkets supports MetaTrader 5, Proprietary Web/Mobile, TradingView, MetaTrader 4. Both provide MetaTrader 5 and TradingView and MetaTrader 4. BlackBull Markets has exclusive access to cTrader and DXtrade. ThinkMarkets has exclusive access to Proprietary Web/Mobile.
Neither BlackBull Markets nor ThinkMarkets is listed as offering commission-free trading in our data. Compare each broker's commission schedule directly, as fees vary by account type and the markets you trade.
ThinkMarkets scores higher on investor protection criteria, with compensation scheme coverage and segregated client funds. For stock investors, confirming compensation scheme coverage ensures your assets are protected up to a defined limit if the broker becomes insolvent.
BlackBull Markets offers DMA via IRESS and extensive exchange access.
ThinkMarkets' ThinkTrader is mobile-friendly, aiding new users.
BlackBull Markets provides access to 20 exchanges.
ThinkMarkets offers ThinkZero with tighter spreads plus commission.
Equally matched for long-term investing; neither offers fractional shares or DRIP.
| 0.6 pips▼ lower |
| 1.1 pips |
| Inactivity fee | None | None |
|---|
| Deposit fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferCredit cardDebit cardSkrillNeteller |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transferCredit cardSkrillNeteller |
|---|
| Withdrawal fee | Free | Free |
|---|
| Commission-free | No | No |
|---|
| Fractional shares | No | No |
|---|
| Dividend reinvestment | No | No |
|---|
| Extended hours | No | No |
|---|
| IPO access | No | No |
|---|
| Short selling | Yes | Yes |
|---|
| Regulators | FSC FMA | FCA ASIC FSCA JFSA |
|---|
| Platforms | cTrader MetaTrader 5 TradingView DXtrade MetaTrader 4 | MetaTrader 5 Proprietary Web/Mobile TradingView MetaTrader 4 |
|---|
Dig deeper into each broker’s features, fees, and regulation.
Score 3.7 / 5
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