BlackBull Markets Review

BlackBull Markets

BlackBull Markets

www.blackbullmarkets.com

  • Leverage: 1:200

  • Regulation: FMA

  • Min. Deposit: 200 US$

  • HQ: New Zealand

  • Platforms: MT4, MT5

  • Found in: 2014

BlackBull Markets Licenses

Black Bull Group Limited – authorized by FMA (New Zealand) registration no. FSP5463921

Top 3 Forex Brokers

BlackBull Markets Review among many other reviews within 55brokers presenting detailed research on trading conditions as well verifies license under which broker operates. So here we support your choice to make sure you will be trading with a safe broker.

What is BlackBull Markets?

BlackBull Markets began its operation back in 2014 through New Zealand and combining years of Institutional Forex experience with focus to resource offering to retail traders. Ever since, the broker enables multiple trading solutions with proprietary software to aggregate powerful trading performance along with competitive pricing.

BlackBull Markets bringing exposure to various markets available around the globe and including over 64 currency pairs, Forex, indices, metals, commodities, energies, etc.

BlackBull Markets website

 

Also, BlackBull Markets founded as prime broker also offering retail trading solutions and maintaining its traducing facilitates within world trading centers including London, UK and Malaysia in reverse bringing global exposure. Numerous possibilities including diverse of conditions, assets to trade, supported by the learning materials and programs for active traders.

Apart from the various solutions for retails traders there are also professional services for institutions, money managers along with MAM and PAMM accounts. Actually, BlackBull markets it a highly regarded broker, as the clients they serve mostly happy with the conditions, as well as numerous awards confirming its success within industry.

BlackBull Markets awards

Nevertheless, to understand offering in a detail you should always check the most important information of the broker’s proposal. In this purpose this review covers the following highlights:

Is BlackBull Markets safe or a scam?

Black Bull Group Limited known under trading name BlackBull Markets is a New Zealand registered and incorporated company that is also respectively regulated by the local authority FMA. In fact, being a regulated broker is somehow a crucial factor, since obligations towards authorities guarantee the company was checked before its establish, complies with necessary laws and model of operation, therefore considered safe investment firms.

BlackBull Markets license

Therefore, registration with the NZ legislation regime announces BlackBull Markets good standing and reliability to its provided services. The broker applies money protection rules and policies, as well provides qualified service and trading environment, which also compensates clients in case of the company insolvency, as defined by FMA rules. Likewise, you may read why we do not recommend trading with offshore entities alike Why not trade with SVG brokers.

BlackBull Markets Trading Platforms

The platform offering as a part of the BlackBull Markets Review shows us a choice between industry leader MetaTrader4 and its next version MetaTrader5. Both offer a super convenient option between powerful conditions and user-friendly interface, both are suitable either for beginners or professionals making software pleasant partner in your trading journey.

In addition, both platforms feature versions suitable for ay device either PC, MAC or tablet, mobile devices together with web-version accessible right from the browser. Also, BlackBull made it possible to use extra benefits from VPS servers and additional FIX API Trading capability so you always having the option to deploy your strategy at the best.

BlackBull Markets platform

While there is no need to go deep into the specification of each platform, generally we must say a BlackBull platform is a great software for manual either automatic trading. There is no restrictions for use of EAs, neither scalping nor hedging strategies so with BlackBull technology of execution and comprehensive education you may get the maximum, all depending on you. Moreover, you may access social trading though leading software including ZuluTrade and Myfxbook.

What are BlackBull Markets Costs and Fees?

BlackBull Markets designed three account types all based on ECN execution and offering quite competitive trading conditions. BlackBull made indeed great job with possibility to the traders of different, size, portfolio and need access trading rooms as well as defined access for institutional trading and professionals. Active traders may also find tailored solutions and additional services to enhance capabilities, alike VPS hosting, advanced reporting and so.

BlackBull Markets accounts

BlackBull Markets spreads

So you may choose the most suitable option according to your trading style either with all costs included into spread, more suitable for beginning or regular size traders through ECN Standard account with a spreads from 0.8 pips. Active or professionals traders will better use ECN Prime account with raw spreads from 0.1 pips and commission charge $6 per trade.

As well you may see more spread examples below and compare fees to another popular broker Velocity Trade.

BlackBull Markets spread

Also, always count on swap or rollover fees charged for positions held longer than a day. Besides, BlackBull Markets maintains offering suitable for traders following Sharia rules known as Islamic Swap-free accounts, so that global investors may find suitable conditions.

BlackBull Markets Islamic account

BlackBull Markets Leverage

Another important point within BlackBull Markets Review is offered leverage levels. Eventually, trading with BlackBull Markets you are able to use high leverage levels up to 1:500 available for retail or professional traders. Despite the fact that the majority of world authorities already significantly lower allowed leverage levels, NZ and Australian authorities still offer high ratios, which also require you to learn how to use it smartly without making trading too risky for you.

What Deposits and Withdrawals BlackBull Markets use?

BlackBull Markets allows fund deposits and withdrawals through various methods including Cards, Bank wires and e-wallets like Skrill, Neteller and FasaPay, while you may choose also a base currency for your account.

BlackBull Markets minimum deposit

As for the minimum deposit amount, the minimum amount is set to $200 for the ECN Standard account, while next grade ECN Prime will require 2,000$ as a first deposit.

BlackBull Markets withdrawal fee

BlackBull Markets does not mention any fees for deposits, yet there are some charges for withdrawals. Withdrawing via Bank Wire will cost 20 base currency and through Card 10 base currency.

Conclusion on BlackBull Markets

Overall, BlackBull Markets review shows as a company with a comprehensive offering to traders around the globe, as well as harmonized proposal compliant to strict laws. Together with its regulated environment, the broker also provides advanced capabilities with conditions rather competitive among market offerings. There are definitely options that will suit your trading style including the technology to use, platform or a program which will suit your need, so with our opinion, BlackBull Markets is a broker to consider.

Nevertheless, we would be glad to know your personal opinion about BlackBull Markets, so share your experience in the comment area below, or ask us for some additional information.

No news available.

Leave a Reply

Your email address will not be published. Required fields are marked *

* code