This comparison pits ThinkMarkets, a regulator-backed share CFD provider, against Webull, a US-focused zero-commission platform. The debate centers on cost models, IPO access, and market coverage.
Find out which stock broker best suits your investing profile.
Choose if…
Choose ThinkMarkets if you want 24/5 live chat and telephone support, plus broad access to 12 exchanges via share CFDs and protections such as compensation schemes and negative balance protection.
Choose if…
Choose Webull if you want commission-free trading across stocks, ETFs and options, plus IPO access and extended hours trading.
Which broker wins for each type of stock trader, based on costs, safety, features, and editorial scoring.
| Editorial score | 3.8/ 5 | 4.1/ 5 |
|---|---|---|
| Min deposit | No minimum | N/A |
| Spreads from | 0.4 pips | N/A |
| Commission / lot | $7/lot | N/A |
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | ThinkMarkets | Webull |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, SEC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Fail |
| Compensation scheme (e.g. FSCS, SIPC) | Pass | Fail |
| Costs | ||
| Commission-free trading | Fail | Pass |
| No deposit fee | — | Pass |
| Features | ||
| Fractional shares | Fail | Pass |
| Dividend reinvestment (DRIP) | Fail | Fail |
| Extended hours trading | Fail | Pass |
| IPO access | Fail | Pass |
| Short selling | Pass | Pass |
| Stock screener tool | Fail | Pass |
| Support | ||
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Fail |
The scores are close: ThinkMarkets rates 3.8/5 and Webull rates 4.1/5. Webull 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.
ThinkMarkets starts from 0.4. Current spread data is not available for Webull. Check both brokers' websites for up-to-date spread and commission pricing.
ThinkMarkets requires no minimum deposit required. Minimum deposit information is not currently available for Webull.
Both ThinkMarkets and Webull 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, ThinkMarkets provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources on each broker's site before deciding.
ThinkMarkets lists maximum leverage of 20:1, while Webull lists up to 1:4. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
ThinkMarkets charges $7 per trade on commission-based accounts. Commission details for Webull are not currently available. Check their website for up-to-date pricing. Stock commissions may be charged as a flat rate per trade or per share; confirm the exact structure on each broker's website.
ThinkMarkets supports Proprietary Web/Mobile, TradingView, MetaTrader 4, MetaTrader 5, while Webull supports Webull. ThinkMarkets has exclusive access to Proprietary Web/Mobile and TradingView and MetaTrader 4 and MetaTrader 5. Webull has exclusive access to Webull.
Webull offers commission-free stock trading while ThinkMarkets does not according to our data. Commission-free trading can reduce costs for frequent traders. Always confirm the current fee structure directly on each broker's website.
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.
Webull wins for low cost with commission-free trading across stocks, ETFs and options.
ThinkMarkets leads safety and regulation due to compensation schemes and negative balance protection.
Webull is best for long-term investors due to extended hours trading and advanced charting.
ThinkMarkets wins for active traders thanks to ThinkTrader platforms and ThinkCopy social copying.
ThinkMarkets wins for beginners because of strong regulation and social copying features.
ThinkMarkets wins for global access with more exchanges across 12 markets.
| 1.1 pips |
| N/A |
| Inactivity fee | None | None |
|---|
| Deposit fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferACHWire transfer |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transferACHWire transfer |
|---|
| Withdrawal fee | Free | Free |
|---|
| Commission-free | No | Yes |
|---|
| Fractional shares | No | Yes |
|---|
| Dividend reinvestment | No | No |
|---|
| Extended hours | No | Yes |
|---|
| IPO access | No | Yes |
|---|
| Short selling | Yes | Yes |
|---|
| Regulators | ASIC JFSA FCA FSCA | SEC FINRA |
|---|
| Platforms | Proprietary Web/Mobile TradingView MetaTrader 4 MetaTrader 5 | Webull |
|---|
| Active bonuses | None | 2 offers |
|---|
Webull leads on the editorial score (4.1 vs 3.8) and offers a US-focused regulatory framework with SEC/FINRA, while ThinkMarkets remains regulated by FCA/ASIC.
Dig deeper into each broker’s features, fees, and regulation.
Score 3.8 / 5
Personalised recommendation
Answer 6 quick questions and we’ll match you with the brokers that best fit your trading style, experience level, and country.
Find my broker