BlackBull Markets Review

What are BlackBull Markets?

BlackBull Markets was established in 2014 through Auckland New Zealand. It combines years of institutional Forex experience with a focus on retail traders. The broker offers multiple trading options as a financial service provider and proprietary software. This allows for powerful trading performance and competitive pricing.

BlackBull Markets was also established as a prime broker. It offers retail trading solutions, maintains its traducing facilites in world trading centers such as London, UK, Malaysia, and other countries, bringing global exposure. Many options are available, including diverse conditions and trading assets. These opportunities are supported by learning materials and programs for active trader.

Leverage: 1:500

Regulation: FMA. FSA

Min. Deposit: 0 US$

HQ: New Zealand

Platforms: MT4, MT5

Found In: 2014


BlackBull Markets Licenses

  • Black Bull Group Limited - Authorized by FMA New Zealand (New Zealand) registration number: FSP403326.

  • BBG Limited - Authorized by FSA (Seychelles), license number: SD045.


Overview

There are many solutions available for retail traders. However, professional services can also be provided for institutional accounts, money managers, and MAM and PAMM accounts.


Pros

  • Low forex and CFD fees.

  • Fast and user-friendly account opening.

  • Great educational tools.


Cons

  • Withdrawal fee

  • Limited research tools

  • 2,000 minimum deposit for Prime Accounts

Rating of the company overall

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  • Platform ⭐⭐⭐⭐⭐

  • Commissions ⭐⭐⭐⭐

  • Support ⭐⭐⭐⭐

  • Financial instruments ⭐⭐⭐⭐

RATING: 4.4


Awards

BlackBull Markets is a well-respected broker. Their clients are generally satisfied with their trading conditions and the services they receive. BlackBull Market has won numerous awards, proving their success in the industry. They are also highly regarded for their innovative technology.

BlackBull Markets: Safe or scam?

BlackBull isn't a fraud. BlackBull offers low-risk Forex trading and CFD trading. Black Bull Group Limited, also known as BlackBull Markets, is a New Zealand-incorporated and registered company that is also regulated by FMA. Being a broker that is regulated is a key factor. This ensures that the company has been checked by authorities before being established. It also ensures compliance with all laws and operating models. Therefore, it can be considered safe to invest in.

Are BlackBull markets legitimate?

BlackBull Markets' registration under the NZ legislation regime demonstrates its good standing and reliability in providing services. This means that BlackBull Markets can be considered a fully licensed broker that adheres to the regulatory regime. The broker follows money protection policies and provides qualified service and trading environment . Clients are also compensated in the event of company insolvency as per FMA rules.

An additional entity is also available in SVG to serve the following countries which don't have an option to register with FMA. These countries can only be accepted by FSA. Any other country can open an account with any of the brokers' regulatory licenses.

FMA and FSA licenses have only one difference: the account approval document requirements. The FMA has a higher standard than the FSA. The trading conditions are the same regardless of which regulatory license trader holds an account.

Some Restricted Countries BlackBull Markets will not accept clients from. This is because it poses an AML/CTF risk and is not acceptable by the FSA/FMA. Here's a complete list of Restricted countries: Afghanistan, Belarus and the Democratic Republic of Central African Rep. Cuba, Guinea Bissau. Haiti, Iraq. Iran, Islamic Republic of. North Korea. Libya. Mali. Myanmar. Nicaragua. Panama. Pakistan. Gaza Strip. West Bank (Palestinian Territory), Russian Federation. Sudan, Somalia. South Sudan. Syria. Ukraine. Yemen.

Leverage

Blackbull Markets Review also highlights the importance of the offered leverage levels. Maximum leverage is usually determined by the trade instrument, the trader type, and finally, the regulations that the broker must follow.

  • BlackBull Markets allows you to leverage up to 1.500 for professional or retail traders.

  • International traders are entitled to 1:500 through the Seychelles entity.


These are great news! Despite the fact that most world authorities have significantly lower allowable leverage levels, NZ authorities and Australian authorities still offer high maximum lever ratios. This means you need to learn how to use it intelligently without making trading too https://docs.google.com/document/d/1Wlf971Ppev5STT82fzux4wDktExfmiwARrH2jSlZR9o/edit?usp=sharing

Types of accounts

BlackBull Markets created three account types all based on ECN execution. They offer very competitive trading conditions through a no-dealing desk model of operation. BlackBull did a fantastic job in offering traders the possibility to access their trading rooms, regardless of their size or portfolio.

There is also a defined and specific access for professionals and institutional trading. All conditions can be tailored and maintained as per request. Active traders might also be able to find customized solutions and additional services that enhance their capabilities, such as VPS hosting and advanced reporting.

How do I open an account?

Opening an account is completely digital. It is simple and straightforward.

  1. Log in to Access BlackBull Markets

  2. Your personal data: First and last name, country of residence, email, telephone, etc. You can also use an existing Google or Facebook account.

  3. Select the account type you prefer and describe your trading experience

  4. Verify your account via email and upload any ID, address, or other documents.

  5. With active logit to Demo, you can access your trading and account areas.

  6. Follow the first deposit

Fees

BlackBull trading fees include a spread, commission, and rollover. There may also be additional charges such as a deposit fee, or any other charges.

BlackBull Markets Spread

BalckBull Markets allows you to choose the best option for your trading style. ECN Standard account has spreads starting at 0.8 pips. ECN Prime account has spreads starting at 0.1 pips. There is a $6 commission per trade.

You can also see spread examples and compare fees with Pepperstone, another popular broker, or any other competition.

Trade Rollover

  • For positions that are held for more than one day, always remember to count on rollover or swap fees charged. BlackBull Markets also offers Islamic Swap-free accounts that are suitable for Sharia-compliant traders, which may be of interest to global investors.

Trade Instruments

BlackBull Markets provides exposure to many markets around the world and includes over 64 currency pair, Forex, indices and metals. It also offers crypto CFDs and other trading instruments. We will be discussing more about BlackBull Markets in our BlackBull Markets Review.

What deposits and withdrawals BlackBull Markets uses?

BlackBull Markets, a regulator broker, offers a wide range of secure funding options and keeps money safe and sound with top-tier segregated Bank accounts. Always verify that your local rules and conditions apply to you.

Deposit Methods

BlackBull Markets offers a variety of methods to fund withdrawals and deposits. You can also choose a base currency to make it easy to transfer funds and avoid conversion fees.

  • Credit Card

  • Bank wires

  • FasaPay, Neteller, and Skrill are all e-wallets

  • Crypto


Minimum deposit

BlackBull's minimum deposit is $50 for an ECN Standard account. The next gradeECN Prime account will require 2,000$.

Trade Platforms

As part of the BlackBull Markets Review, we are presented with two options: industry leader MetaTrader4 or its new version MetaTrader5. Both platforms offer an easy way to trade, with powerful conditions and a user-friendly interface.

BlackBull Markets clients can now trade in TradingView, the leading charting and social trading platform.

Pros

  • Design that is friendly to customers

  • Popular MT4 and MT5 platforms

  • A good selection of tools

  • WebTrader does not require installation

  • Clear look

  • Social Trading and Automated Trading

Cons

  • No proprietary platform

  • An extremely limited analysis


Web Trading

Both platforms offer versions that are compatible with any device, whether it is a PC, tablet, or MAC, as well as mobile devices. Web Trading may be a bit more limited than the desktop version, but it still provides all the essential points that are required in daily trading.

It is easy to see and understand, which MT4/5 technology is known for. This, along with exceptional BlackBull markets trading solutions, heavy investment in innovation, will allow you to make the most of your trading performance.

Mobile Trading Platform

It is difficult to imagine trading today without a mobile platform for trading. This allows you to keep track of the market and be updated whenever you're there. BlackBull Markets Mobile Platform also delights you with a variety of technical analysis features and chart options.

BlackBull also made it possible for you to take advantage of VPS servers and FIX API trading capabilities, so that you can always deploy your strategy when it is most effective.

AutoTrading

Although it is not necessary to discuss the specifics of each platform in detail, we can say that a BlackBull platform allows for both manual and automatic trading. With BlackBull technology for execution and extensive education, you could get the best, depending on your capabilities.

You can also access social trade through top software such as ZuluTrade or Myfxbook.

Support for Customers

BlackBull has made customer support as easy as possible to ensure that traders are supported and satisfied at all times.

Support is available via Live Chat, International Phone Lines, and Email. They can assist you with any question or concern.

Education

BlackBull's advanced and competitive offering is not the only thing we discovered in our review. It also offers educational resources that are suitable for traders at all levels. You will find high quality information in the trading videos, trading guides, and trading glossary. BlackBull Markets also offers a Trading Blog that provides market overviews, analysis, and research materials to help you in your trading.

BlackBull offers a variety of tools for research, including advanced MetaTrader capabilities and technical analysis, trading ideas, and other capabilities.

Conclusion

BlackBull Markets provides a wide range of services to traders all over the world. BlackBull Markets offers a regulated environment and advanced capabilities among market offerings.There are many trading styles supported, including platform trading or program trading.