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BlackBull Markets
VS
ThinkMarkets

BlackBull Markets vs ThinkMarkets: which broker is better in 2026?

We compare BlackBull Markets and ThinkMarkets — two forex & CFD brokers — side by side across regulation, fees, platforms, minimum deposit, and our editorial scores. Based on our overall editorial score, ThinkMarkets edges ahead (3.8/5), but the right choice depends on what matters most to you — check the breakdown below.

Side-by-side comparison

CriteriaBlackBull MarketsThinkMarkets
Overall score 3.6 3.8
Regulation & safety 3.0 3.5
Fees & deposit 4.0 4.0
Platform & assets 4.0 4.0
User support 3.5 3.5
Trust score70/10074/100
Minimum depositVaries by account type — check the official siteVaries by account type — check the official site
Demo accountAvailableAvailable
PlatformsMetaTrader 4, MetaTrader 5, cTrader, TradingViewThinkTrader, MetaTrader 4, MetaTrader 5
Fee modelPrime/ECN raw account; low spreadsThinkZero (raw) or Standard account; competitive

Pros & cons

BlackBull Markets
  • Fast ECN execution & low spreads (Prime account)
  • Wide platform selection (MT4/MT5/cTrader/TradingView)
  • Regulated by New Zealand's FMA
  • The NZ FMA is considered less strict than tier-1 FCA/ASIC
  • Many clients via the Seychelles entity
  • Leverage is high-risk
ThinkMarkets
  • FCA/ASIC/CySEC regulation + its own ThinkTrader platform
  • Competitive spreads (ThinkZero raw account)
  • MT4/MT5 available
  • Smaller brand than tier-1 giants
  • Entity availability differs per region
  • Leverage is high-risk

Regulation at a glance

BlackBull Markets

New Zealand (2014) — regulated by the FMA (New Zealand), FSA (Seychelles). ECN execution focus.

ThinkMarkets

Regulated by the FCA (UK), ASIC (Australia), CySEC (Cyprus), FSCA (South Africa), FSA (Japan for the related entity). Has its own ThinkTrader platform.