1. What is BlackBull Markets?
  2. Awards
  3. Is BlackBull Markets safe or a scam?
  4. Leverage
  5. Accounts
  6. Fees
  7. Market Instruments
  8. Deposits and Withdrawals
  9. Trading Platform
  10. Customer Support
  11. Education
  12. Conclusion

What is BlackBull Markets?

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

Also, BlackBull Markets founded as a prime broker also offering retail trading solutions and maintaining its traducing facilitates within world trading centres including London, UK and Malaysia in reverse bringing global exposure. Numerous possibilities including diverse 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 an institutional account, money managers along with MAM and PAMM accounts.

ProsCons
Founded in New Zealand and operating in the UK, MalaysiaRelatively limited trading tools
Regulated by the FMAInternational offering available through SVG entity
Global industry awardsTrading Conditions may be different according to entity rules
Tight Low Spreads
Professional and Retail trading options
BlackBull Markets website

10 Points Summary
๐Ÿข HeadquartersNew Zealand
๐Ÿ—บ๏ธ Regulation and LicenseFMA, FSA
๐Ÿ–ฅ PlatformsMT4, MT5, Social trading Myfxbook and ZuluTrade
๐Ÿ“‰ InstrumentsForex, Index and Single Stock CFDs, Commodities, Precious Metals, and Energy
๐Ÿ’ฐ Costs0.9 pips
๐ŸŽฎ Demo AccountAvailable
๐Ÿ’ณ Minimum deposit200$
๐Ÿ’ฐ Base currencies Various base currencies offered
๐Ÿ“š EducationForex Education and tools on free basis
โ˜Ž Customer Support24/5

Awards

Actually, BlackBull markets it a highly regarded broker, as the clients they serve are mostly happy with the trading conditions and the service they receive. As well as numerous awards confirming BlackBull Markets success within the industry and placing them among regarded trading providers for its great technology and innovation.

BlackBull Markets awards

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.

ProsCons
Regulated by FMA in New ZealandNot listed in Stock Exchange
Segregated Account with Tier BanksRegulatory conditions vary
Negative Balance Protection
BlackBull Markets license

Is BlackBull markets legit?

Registration with the NZ legislation regime announces BlackBull Markets good standing and reliability to its provided services also meaning BlackBull Markets is a fully legit broker that obliges to the regulatory regime. 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.

Also, there is an additional entity based in SVG so the international clients will be typically trading with this entity. Even though we do not recommend trading solely with offshore-based brokers, since its regulations is rather does not protect clients enough. Knowing that BlackBull Markets is authorized by other reputable jurisdiction makes them as a safe trading CFD broker, but be sure you learn conditions and laws well.

Leverage

Another important point within Blackbull Markets Review is offered leverage levels. Usually, maximum leverage defined by the instrument you trade, also the type of trader you are either professional or retail trader, and lastly is restricted according to the regulatory requirements broker obliges to.

  • With BlackBull Markets you are able to use high leverage levels up to 1:500 available for retail or professional traders.
  • International traders entitled for 1:500 likewise through the Seychelles entity

These are the great news indeed, as despite the fact that the majority of world authorities already significantly lower allowed leverage levels, NZ and Australian authorities still offer high maximum leverage ratios, which also require you to learn how to use it smartly without making trading too risky for you.

Account Opening

BlackBull Markets designed three account types all based on ECN execution and offering quite competitive trading conditions through no dealing desk model of operation. BlackBull made indeed made a great job with its proposal possibility to the traders of different size, portfolio and needs to access its trading rooms.

Additionally, there is specified and defined access for institutional trading and professionals where all conditions are tailored and sustained as per request. Active traders may also find tailored solutions and additional services to enhance capabilities, alike VPS hosting, advanced reporting and so.

ProsCons
Three Account types based on ECN connectivityNone
Islamic Accounts
Fast Account Opening
Demo Account
Professional Account, Institutional account, Active Trader Account
BlackBull Markets accounts

How to open Account

Account opening is a fully digital process, which is easy guided step by step on how to obtain access and activate your trading specified conditions.

  1. Access BlackBull Markets Sign In page
  2. Enter your personal data First and Last Name, Country of residence, email, phone, etc. Also, you may use Facebook or Google existing account.
  3. Choose the account type of your preference and specify your trading experience
  4. Verify your account through email, upload proof of ID, address and other documents
  5. Get access to your trading and account area with active logit to Demo account
  6. Follow with first deposit

Fees

Another crucial point is to see how BlackBull markets maintain its trading costs. Despite a regular and known cost spread, you should consider rollover or swap, also non-trading fees like inactivity, deposit fees or additional charges that might be applicable.

ProsCons
Options between standard fees based on spread and ECN account with a commission chargeCurrency Pair fees on Variable Account are rather high
Deep liquidity
Low Cryptocurrency and Commodity fees
Good ECN trading conditions

ECN spread

BlackBull Markets spread

Our find on Forex Fees

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 spreads from 0.8 pips.

While 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 or other competition shown on the table below.

Comparison between BlackBull Markets fees and similar brokers
Asset/ PairBlackBull FeesFXTM FeesAvaTrade Fees
EUR USD0.9 pips1.5 pips1.3 pips
Crude Oil WTI6 pips9 pips3 pips
Gold25940
Inactivity feeYesYesYes
Deposit feeNoNoNo
Fee rankingAverageAverageLow

Trading Rollover

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

Trading Instruments

BlackBull Markets bringing exposure to various markets available around the globe and including over 64 currency pairs, Forex, indices, metals, commodities, energies, etc.ย  This range is a quite good one, as it includes popular trading instruments to diversify your portfolio especially considering good cost strategy and inbuilt proposal, which we will see further in our BlackBull Markets Review.

What Deposits and Withdrawals BlackBull Markets use?

BlackBull Markets being a regulate broker offers a great range of secure funding solutions and keeping money according to trust, safety and confidence with Top tier segregated Bank accounts. However, always make sure to verify according to your residence what conditions and methods are applicable to you, or some rules that may vary.

ProsCons
Minimum deposit โ€“ 200$5$ withdrawal fee
Most common payment methods supported
Free of charge deposit

Deposit Methods

BlackBull Markets allows fund deposits and withdrawals through various methods including following, while also you may choose a base currency for your account for easy transfers and no conversion fees.

  • Credit Card,
  • Bank wires
  • e-wallets like Skrill, Neteller and FasaPay

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

Withdrawal

BlackBull Markets does not mention any fees for deposits, yet there are some charges for withdrawals. Withdrawing of money will cost you 5 base currency, 5$ if your base account currency is in US$.

How do I withdraw money from BlackBull Markets?

To withdraw funds from your BlackBull account you simply should login to your account area or a Client Portal and submit a request. Under the section โ€˜Fundingโ€™ click tab Withdraw Funds, submit all the required data, allow BlackBull to process the request within 1-2 business days and then your payment provider will ad funds to the chosen method.

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 a pleasant partner in your trading journey.

ProsCons
Customer friendly designNo proprietary platform
Popular MT4 platform and MT5Relatively limited analysis
Good range of tools
WebTrader Does not require installation
Clear look
Automated Trading and Social Trading

Web Trading

Both platforms feature versions suitable for ay device either PC, MAC or tablet, mobile devices together with web-version accessible right from the browser. While Web Trading is a little limited in its tools compared to desktop version it still offers the most important point which are needed in every day trading.

The look is clear and good to analyze, which MT4 and 5 technology is famous for, also together with unparalleled BlackBull markets trading solutions and heavy investment in innovation you can make the most out of the trading performance.

BlackBull Markets platform

Mobile Trading Platform

Definitely nowadays it is almost impossible to imagine trading without a mobile trading platform, as it allows you to monitor and stay updated with the situation whenever you are. BlackBull Markets Mobile platform also please you with a range of technical analysis and chart option features it offers.

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.

AutoTrading

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 through leading software including ZuluTrade and Myfxbook.

Customer Support

In terms of the Customer Support BlackBull made it as comfortable as possible so that its traders will be supported and satisfied at any step.

You may refer to the support with any concern or question you may have and also count on a quality service while the support team accessible via Live Chat, International Phone Lines and email also supporting world centers.

ProsCons
High Customer Support ratingNo 24/7 service
International languages supported
Skilled team, appropriate answers
Live Chat, email, Phones

Education

Along with its advanced and competitive offering as we discover in our review, BlackBull also supports educational resources suitable for traders of different levels. There are trading videos, guides and trading glossary where you can find good quality information. Also, to support your ongoing trading process BlackBull Markets runs its Trading Blog with market overview, analysis and research materials.

Packed Research tools provided by both advanced MetaTrader capabilities also with technical analysis, trading ideas and other capabilities, all available at BlackBull.

ProsCons
Learning materials providedNone
Demo Account available
Personal Account Manager
Market Outlook
Research tools, technical and fundamental analysis
BlackBull Markets education

Conclusion

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.

BlackBull Markets service

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.

2 responses to “BlackBull Markets”

  1. I was introduced to BlackBull Markets by Gary Strong. Itโ€™s known for began its multiple trading solutions with proprietary software to aggregate powerful trading performance along with competitive pricing.

    I needed access to currency pairs, Forex, indices, metals, commodities, energies, etc.

    I have used this company for 5 years.

    Thank you Gary Strong for the recommendation

  2. Hell no, any recommendation from Gary Strong is bound to be an absolute disaster, he’s one of the biggest scammers known to man. I suspect Jill is actually him trying to make himself look popular ( again).
    Jill doth profess her gratitude to Gary Strong a little too vigorously considering the review has nothing to do with him.

Leave a Reply

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

* code