BlackBull Markets Broker Reviews and Full Information

What is BlackBull Markets?

BlackBull Markets began its operation in 2014, through Auckland New Zealand and mixing many years of Institutional Forex experience with the emphasis on providing resource offerings to traders who are retail. Since then the broker's inception, it has offered a range of trading solutions and is an financial services company with exclusive software that allows them to combine powerful trading performance and price competitiveness.

Additionally, BlackBull Markets founded as a premier broker and also provides services for retail trading and maintaining its translators' services in world trading hubs, such as London, UK and Malaysia in reverse, bringing global exposure. Many options, including different conditions, tradeable assets as well as the ability to learn tools and programs designed that are designed for traders who want to be active.

Apart from the numerous options for retail traders Additionally, there are professional services that can be used for an institution account, money manager along of MAM accounts and accounts for PAMM.

BlackBull The Markets: Pros and Cons

BlackBull Markets provides quality trading conditions and is a fully licensed broker. It is among the few brokers offering high leverage, a good trading conditions, and the lowest spreads based upon our research and our professional approach to trading in addition to the education and research

In the case of Negatives, there's no 24/7 support and the tools may be restricted. BlackBull Markets website

 

10 Points Summary

Headquarters New Zealand
Regulation and License FMA, FSA
Platforms MT4, MT5, Social trading with Myfxbook and ZuluTrade
Instruments Forex, Index and Single Stock CFDs, Commodities, Precious Metals and Energy
Costs 0.9 Pips
Demo Account Available
Minimum deposit 200$
Base currencies A variety of base currencies available
Education Forex Education and tools on the basis of a free
Customer Support 24/5

 

 

Awards

In reality, BlackBull markets it a highly-respected broker, since their customers are generally satisfied with their trading conditions and services they get. Alongside numerous awards that confirm BlackBull Markets success within the market and placing them among the top trading companies due to their outstanding technology and innovations.

 

 

Do you think BlackBull Markets safe or a fraud?

Yes, BlackBull is not a fraud. It offers low-risk Forex as well as CFD trading because Black Bull Group Limited known under the trading brand name BlackBull Markets is a New Zealand licensed and incorporated business that is controlled by FMA, the authority in New Zealand. FMA. Being a licensed broker is an important aspect, as obligations to authorities ensure that the company's integrity. it was established, and is in compliance with all laws and models of operation, and therefore is considered as a safe investment firm.

 

Are BlackBull marketplaces legitimate?

Registering in accordance with the NZ law regime demonstrates BlackBull Markets good standing and trustworthiness in its services. This also implies that BlackBull Markets is a fully legal broker and is subject to the rules of the law. The broker adheres to rules and regulations for money protection in addition to providing a professional service and a trading atmosphere that compensates clients in the event of bankruptcy of the company, as stipulated under FMA rules.

Additionally, there is an additional entity that is based on SVG that covers the following nations which don't have the option of registering in FMA: Albania, Azerbaijan, Bosnia-Herzegovina, Barbados, Brazil, Bahamas, China, Ecuador, Egypt, Western Sahara, Ghana, Jamaica, Cambodia, Lao People's Democratic Republic, Liberia, Morocco, Nigeria, Philippines, Bolivia, St Maarten, Tunisia, and Uganda. These countries are covered by FSA only. Any other country can open an accounts with one of the the broker's licenses to regulate.

The only distinction among FMA or FSA licences is requirements for documents for accounts that are being approved by the FMA has a more stringent quality standard than would be expected. Regarding the terms and conditions for trading which are the same regardless of which regulatory licence a trader's account falls under.

There are a few restricted countries that BlackBull Markets does not take clients from in any circumstance, as the risk is both an AML as well as CTF risk that is not suitable by either FSA or the FMA. This is the complete list of the Restricted regions: Afghanistan, Burundi, Belarus, Congo, the Democratic Republic, Central African Rep, Cuba, Spain, Guinea Bissau, Haiti, Iraq, Iran, Islamic Republic of, North Korea, Lebanon, Libya, Mali, Myanmar, Nicaragua, Panama, Pakistan, Gaza Strip, West Bank (Palestinian Territory), Russian Federation, Sudan, Somalia, South Sudan, Syria, Ukraine, United States, Venezuela, Yemen, and Zimbabwe.

 

Leverage

Another crucial aspect of Blackbull Markets Review is offered leverage levels. Usually, the maximum leverage is determined in the instruments you use with, as well as the kind of trader that you are retail or professional, and finally, it is subject to the legal requirements brokers must adhere to.

  • Through BlackBull Markets you are able to take advantage of higher leverage rates as high as 1:500available for professional or retail traders.
  • International traders can apply for 1:500 also through the Seychelles entity

These are great news in it being true that many the world's authorities have significantly reduced permitted leverage ratios, NZ and Australian authorities continue to offer high max leverage ratios that also require you to know how to utilize it effectively without making trading risky for you.

 

Types of Accounts

BlackBull Markets designed three account kinds each built on the execution of ECN and offering very competitive trading conditions with the non-dealing desk method of operation. BlackBull has done an excellent job of its proposition to traders of various sizes and portfolios and requirements to use their trading facilities.

In addition, there is a specific and defined access for institutions professional and trading firms where conditions are customized and maintained in accordance with the requirements. Active traders can also discover custom solutions and other options to improve capabilities, like hosting on VPS servers, advanced reports and more.

 

How do you open an Account?

The process of opening a new account is completely digital process that is simple to follow by step how to gain access and then activate your trading terms.

  1. Access BlackBull Markets Sign In page
  2. Input your personal information, such as Initial and last name, as well as the Country where you reside, your email address, phone number, and so on. Additionally, you can make use of a Facebook or Google already-established accounts.
  3. Choose the type of account you prefer and then specify the experience you have with trading
  4. Verify your account via email, and upload documents proving ID, address, and other documents
  5. Gain access to your account and trading area through a login active to Demo account
  6. Start with your the first deposit

 

Fees

BlackBull trading charges are in line with an ordinary spread or commission charge and you must also look into swaps and rollovers and other fees that are not related to trading such as deposit fees or other charges that could be in place.

 
Fees BlackBull Fees FXTM Fees AvaTrade Fees
Fees for deposits No No No
Fee for Withdrawal Yes Yes No
Fee for inactivity No Yes Yes
Fee position Average Average Low

 

BlackBull Markets Spread

At BalckBull Markets you can choose the most appropriate option for your trading style , whether including all costs into the spreads, which is more appropriate for regular or beginning traders. This is available through an ECN Standard account which has spreads starting at 0.8 per cent. Active or professionals traders are better off using the ECN Prime account, which comes with spreads starting at 0.1 pip and a commission fee of at $6 for each trade.

You can also look at more examples of spreads below and also compare fees with another broker that is popular, Velocity Trade or another competitor as shown in the table below.

 
Asset/ Pair BlackBull Spread FXTM Spread AvaTrade Spread
EUR USD Spread 0.9 pip 1.5 pips 1.3 pip
Crude Oil WTI Spread 6 pips 9 pip 3 pip
Gold Spread 25 9 40

ECN spread

 

Trading Rollover

Always remember to consider the rollover or swap charges that are charged for transactions lasting for longer than one day. In addition, BlackBull Markets maintains offering that are suitable for traders who adhere to Sharia rules, also known by the name of Islamic Swap-Free accounts to ensure that international investors can find the right conditions.

 

 

Trading Instruments

BlackBull Markets bringing exposure to numerous markets around the world, including more than 64 currencies, Forex, metals, indices, commodities energy, etc. This range is very good, since it offers a wide range of instruments of trading that can diversify your portfolio, particularly when you consider a an effective cost strategy and a built-in plan, which we'll examine more thoroughly during this review. BlackBull Markets Review.

 

What are the Deposits and Withdrawals BlackBull Markets use?

BlackBull Markets being a regulate broker provides a wide range of safe funding options and ensuring that money is held in accordance with the highest standards of security, trust and safety by establishing Top Tier separate Bank accounts. But, make sure you check with the rules of your home state what conditions and techniques are appropriate to you, or to some regulations that might differ.

Deposit Methods

BlackBull Markets allows fund deposits and withdrawals via a variety of ways such as the following. Additionally, you can select the base currency you use for your account for quick transfers and no conversion costs.

  • Credit Card
  • Bank wires
  • E-wallets such as Skrill, Neteller and FasaPay

Minimum deposit

BlackBull the minimum amount for deposits of 200 dollars for an ECN Standard account, and the following grade ECN Prime will require the first deposit of 2,000 dollars. deposit.

BlackBull Markets minimum deposit in comparison to other brokers

  BlackBull Markets The majority of other brokers
Minimum Deposit $200 $500

 

Withdrawal

BlackBull Markets does not charge any charges for depositsor withdrawals. The options are readily available, including the most popular Bank Transfers or credit cards. However, there are charges to withdraw funds. The cost for withdrawing money is you 5 dollars in base currency, and 5 dollars when your account's base currency is USdollars.

How can I withdraw my money via BlackBull Markets?

To withdraw money from your BlackBull account, you need to access your account or the Client Portal and make an inquiry. Under the section "Funding," select the tab withdraw funds to submit the required information, and let BlackBull to process your request within a few days and then your preferred payment processor will transfer funds to the selected method.

 

Trading Platforms

The platform available as component of BlackBull Markets Review shows us an option between the industry leader MetaTrader4 and its upcoming version MetaTrader5. Both provide a practical choice between strong conditions and an easy-to-use interface, each is suitable for novices or experienced traders, making the this software an ideal partner on your trading adventure.

 

Pros Cons
Design that is friendly to customers No platform that is proprietary
The MT4 platform is popular and well-known, as is MT5. An analysis that is comparatively limited
Excellent assortment of tools  
WebTrader doesn't require installation  
Clear look  
Automatic Trading and Social Trading  

Web Trading

Both platforms come with versions that are compatible with any device that is PC, Mac or tablet or mobile devices, and web-based versionsaccessible through the browser. Although Web Trading is a little less powerful in terms of tools, when compared to desktop versions, however it provides the essential features that is required in daily trading.

The appearance is clean and easy to comprehend and understand, something that MT4 with 5 technology are famous for. Combined with unbeatable BlackBull markets trading services and an investment in the latest technology, to get the most of your trading performance.

 

Mobile Trading Platform

Absolutely, nowadays it's nearly impossible to think of trading without a mobile platform as it allows you to keep track and keep up-to-date with the current market conditions wherever you are. BlackBull Markets Mobile platform is also a delight with its the variety of technical analysis options and charting options it provides.

Additionally, BlackBull made it possible to take advantage of additional benefits offered by VPS servers and also the FIX API trading capability, so you are always able to implement your strategy at the most optimal level.

AutoTrading

Although there are no requirements to get in depth into the specifications of each platform, we can say that a BlackBull software is an excellent software to use for manual or automated trades. There is no limitations on the making use of EAs and scalping, nor hedge strategies, so when you combine BlackBull software for execution and a comprehensive educational program you can get the most possible results, and it all depends on you.

In addition, you have access to the social market via top software, including ZuluTrade as well as Myfxbook.

 

Customer Support

Regarding Customer Support BlackBull has made it as easy as it could be so that traders will be well-supported and happy at any time.

You are able to contact support for any issue or issue you ask and be assured of excellent service. support team is available through Live Chat, International Phone Lines and email are also available to support the world's support centers. 

Education

In addition to its sophisticated and competitive offerings, that we have seen within our report, BlackBull also supports educational tools that are suitable for traders of various levels. They have trading videos, guides , and a trading glossaries that allow you to discover high-quality information. In addition, to help you with your ongoing trading processes BlackBull Markets runs its Trading Blog featuring market overview as well as analysis and research material.

The tools for research are packed and include the advanced MetaTrader capabilities along including technical analysis, trading strategies and other features All available on BlackBull. BlackBull Markets education

 

Conclusion

All in all, BlackBull Markets offers a extensive range of services for traders across the world. With its secure environment, the broker also offers advanced features and favorable conditions in relation to market offerings. It is among brokers that allow large percentages of leverage. There are different trading options available, including technology used, platform or program trading. So, in our experience, BlackBull Markets is definitely an option to think about.

Summary
Properties Values
Name
BlackBull Markets
Minimum Diposit
$ $200
Leverage
500:1
Regulation
FMA (Austria),FSPR (New Zealand),FSA(SC) (Seychelles),,
Headquarters
New Zealand
Established
2014
Address
Level 22 120 Albert Street Auckland 1010, New Zealand
Platform
MT4,MT5,MT4 WebTerminal,MT5 WebTerminal,,
Payment Method
Visa,Mastercard,Wire,Skrill,Neteller,Fasa Pay,Union Pay,,
Overview
Properties Values
Spreads
0.9 Pips
Min Position size
0.01
Broker Type
ECN (electronic communications networks),,
Account Type
Mini account,Scalping,Standard,,
Brokers by Country
UK Forex Brokers,,
Techniques
Scalping Forex Brokers,Hedging Forex Brokers,Automated Trading Brokers,Mobile Trading Brokers,,
Instruments
Gold Trading Brokers,Stock Trading Broke,Metal Trading Brokers,Indexes Trading Brokers,,
Account currency
USD,,USD,
Tools
Economic Calendar,Charting Software,Pip Calculator,Margin Calculator,Profit Calculator,,
Website Languages
en,,
Support languages
en,,
Bonus
Yes
Reviews Rating
3.7
Withdrawal Fee
No
Trading Signals
Yes
Free Education
Yes
Daily News
No
Demo account
Yes
Swapsr
Yes
Pors
1. Design that is friendly to customers	
2. The MT4 platform is popular and well-known, as is MT5.	
3. Automatic Trading and Social Trading
Cors
1. No platform that is proprietary
2. An analysis that is comparatively limited
Display Analysis
Yes
Serving country
NZ,SC,GB,,
Not Serving country
AF,BY,BZ,CU,HT,IQ,KP,LA,LB,LR,LY,PK,PA,RU,ES,SY,UA,US,VE,YE,ZW,,
Contests
Yes
Market analysis
Yes
Copy Trading Brokers
No
Bitcoin Forex Brokers
No
Social trading
Yes
Web trading
Yes
Forex pairs
Yes
CFDs
Yes
Crypto
No
Hedging
Yes
PAMM
MAMM,Zulu trade,Myfxbook Auto trade,Mql5 signals,,
Mobile Trading
Yes
Scalping
Yes
Automated Trading
Yes
Partnership Programs
Yes
Free Phone
(+64) 9 558 5142
Customer Support
24/7
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