Founded in 2014, BlackBull Markets is a forex and CFD broker headquartered in New Zealand. The broker has been fully authorized by the Financial Markets Authority (FMA) in New Zealand since 2020, and registered on the Financial Services Provider Register (FSPR) since the end of 2014. The BlackBull Markets brand also holds a license in the offshore island nation of Seychelles with the Financial Services Authority (FSA). In May 2023, BlackBull Markets received an investment from Milford Asset Management, a prominent private equity firm in New Zealand, which included the appointment of an independent Chairman. In our 2024 Annual Awards, BlackBull earned Best in Class honors for our Offering of Investments category.
Education
Complete the online registration form and submit your ID verification. You will need to confirm your email address and wait for approval. BlackBull Markets offers an impressive 26,000+ global instruments. BlackBull Markets offers several platform options so there is something for everyone. This includes a proprietary shares app plus MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView and cTrader.
Our review of BlackBull Markets has uncovered several good reasons to open a live account, including access to xcritical scam competitive spreads and a wide choice of platforms and tools. Regulation and customer protection will vary between the trading entity. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. For example, the addition of quizzes and progress tracking features could help BlackBull further improve its educational offering for retail traders.
BlackBull Markets Minimum Deposit
At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). Also available is TradingView, a popular trading platform that delivers a range of powerful charting functions and robust analysis tools. More recently, BlackBull further expanded its platform offering with the addition of its web-based BlackBull Trade platform powered by DXTrade. BlackBull Markets offers multiple platforms, including the full MetaTrader suite (MetaTrader 4 and MetaTrader 5), cTrader, TradingView, and multiple social copy trading apps. The broker also offers the ZuluTrade mobile app, a social copy-trading platform available on iPhone, iPad, and Android.
It is good to see various educational resources, ideal for beginners. This includes MT4 videos, forex analysis guides, and a trading glossary. Global clients may trade under the BBG Limited subsidiary, registered in the Seychelles and regulated by the Financial Services Authority (SVGFSA).
He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. BlackBull Markets’ Standard Account has a minimum round-trip cost for trading a Forex currency pair of at least 0.8 pips without commission.
- He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry.
- We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms.
- All payments are instant, except from Bank Wire, which takes one to three days to process.
- BlackBull Markets does not offer any bonuses or promo deals at this time.
- ECN Prime commissions are US Dollar 6 round turn per lot and the ECN Institutional Account has negotiable commissions.
cTrader
Fees charged by Blackbull Markets are higher than those of similar brokers. Additional profits can only be sent via Bank Wire to a bank account and you must be able to prove ownership of that account. BlackBull Markets accept deposits in USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY, and ZAR. All payments are instant, except from Bank Wire, which takes one to three days to process. Blackbull Markets does not mention whether an inactivity fee or any other administrative fees are waived for account maintenance and management. Compare the markets and instruments offered by BlackBull Markets and its competitors.
Resuming the production of live streams would be a step in the right direction for BlackBull Markets, along with a general expansion of daily content. Use our country selector tool to view available brokers in your country.
This includes comprehensive price analysis, the use of algorithmic trading applications and copy trading. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.
Our experts are pleased with the security measures implemented by the broker. All transmitted information is encrypted via a secure SSL connection. BlackBull Markets adheres to segregated client funds in top-tier banks and offers negative balance protection. You can contact the customer support team via several methods, including telephone, email, and 24/7 live chat. The online broker partnered with Autochartist in 2022 to offer powerful market analytics and automated opportunity identification.
BlackBull Markets xcritical reviews does not charge for sending payments, but transfer fees are applied by remitting banks or providers. Depositing funds to a BlackBull Markets account is straightforward. Traders can use several methods including credit or debit cards, bank wire, FasaPay, Neteller, Skrill or UnionPay. Wow I can not overemphasize on the outstanding customer service I received from one of the agents by name Rodolfo. Compare BlackBull Markets with the top 3 similar brokers that accept traders from your location. You can open a live account and set up your client login in just a few stages.
Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. I decided to trading with a different broker that is local and required assistance with set-up, Rodolfo was extremely polite and answered all my questions clearly. He provided links for videos to assist me and eplain everything make it all sound less complex. Georgia solved my problem and set my account up for trading in just a few minutes. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry.
