Latest updated information about BlackBull Markets
Reviewed broker: BlackBull Markets
Location: New Zealand
Established in 2014
Regulation:
Black Bull Group Limited (trading name: BlackBull Markets) is a New Zealand registered and incorporated company (company number: 5463921).
We are also registered with the Financial Services Provider Register (number: FSP403326).
Black Bull Group UK Limited is registered in United Kingdom, Company Number - 9556804. Payment clearing services provided by: BlackBull Group UK Limited (Company Number - 9556804) Address - 483 Green Lanes, London, Greater London, United Kingdom, N13 485
BBG Limited is incorporated and regulated by the Financial Services Authority (FSA) of Seychelles
- The broker applies money protection rules and policies, as well provides a qualified service and trading environment, which also compensates clients in case of the company insolvency, as defined by FMA rules.
- Yet, as we found there is an additional entity based in SVG for the list of countries that don’t have the option to register with FMA they are able to open account and trade under BlackBull Internarnational entity
Even though we do advise staying away from offshore broker, since BlackBull has FMA license we consider it as a reliable option, also the document requirements when an account is being approved is different since the FMA has a much higher standard.
Advantages of the Broker
- Available to residents of New Zealand – unlike many brokers that don’t have the required full FMA license.
- Provides the full MetaTrader suite (MT4 and MT5).
- Supports multiple third-party copy trading platforms, such as ZuluTrade and Myfxbook.
- Integration with the TradingView web platform was made available in 2021.
Trading Conditions
ECN: yes
Straight Through Processing (STP): yes
No dealing desk: yes
Segregated accounts: Client funds are kept in segregated accounts for your ease of mind, security and efficiency in processing.
Trading instruments: 300+ of Forex, CFDs, Commodities, Fibre Optic Communications and Fintech solutions for traders globally
Currency pairs: 64
AT BalckBull Markets you can 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 a commission charge $6 per trade.
Good news with BlackBull Markets you are able to use high leverage levels up to 1:500 available for both retail or professional traders.
BlackBull Markets Accounts Comparison
BlackBull Markets provides three ECN account types that differ in pricing and minimum deposit requirements.
| Standard | Prime | Institutional | |
| Minimum deposit: | $200 | $2,000 | $20,000 |
| Spreads from: | 0.8 | 0.1 | 0.0 |
| Minimum Lot size: | 0.01 | 0.01 | 0.01 |
| Leverage up to: | 1:500 | 1:500 | 1:500 |
| Commission: | No Commission | $6.00 per lot per R/T* | Negotiable |
| Equinix Server: | NY4 | NY4 | Custom options |
BlackBull Markets provides a swap-free / Islamic account that operates in full compliance with Sharia Law. Swap-free accounts are offered as a variant of Standard, Prime and Institutional Accounts.
You can also select different account types based on ownership:
- Individual account - account is owned by one individual
- Joint account - account is owned by two or more individuals
- Company account - account is owned by a legal entity
Regrettably, BlackBull Markets limits its demo account to just 30 days, and it is only available on the MT4 trading platform. While the trading conditions are not identical to a live one, BlackBull Markets should allow for longer than 30 days. Traders may select a demo balance between $5,000 and $100,000.
BlackBull Markets Trading Platforms
BlackBull Markets offers traders the core MT4/MT5 trading platforms, upgraded with the Autochartist plugin, assisting manual traders via automated chart pattern recognition and trading set-ups. Since BlackBull Markets is a FinTech company, I would like to see a proprietary solution. MT4 remains the leader in algorithmic trading, but MT4 and MT5 support it, and both have a built-in copy-trading system. BlackBull Markets offers MT4/MT5 as a desktop client, webtrader, and mobile app.
MetaTrader 4
BlackBull Markets provides you with the World-renown MetaTrader 4. Available on all major platforms, you can trade from anywhere at any time.
BlackBull Markets provides you with the World-renown MetaTrader 4. Available on all major platforms, you can trade from anywhere at any time. The MT4 system is an institutional grade platform, perfect for all traders. With its user-friendly, highly customisable design, MT4 allows you to personalise your trading experience. Packed with features such as near instant execution, interactive charts, technical indicators, and more. Wherever the market moves, you will be able to stay on top of it.
BlackBull Markets connects your MT4 platform to the NY4 Equinix server located on Wall Street, offering you a reliable platform with trades executing as fast as 2-5 milliseconds. The Equinix server allows you to trade directly with the market, using a range of Prime Liquidity providers to give you access to the best bid/ask prices available. With less slippage and tight spreads, you can trade your portfolio faster and more efficiently, enhancing your trading experience.
MT4 also offers support for Expert Advisors (EA). Find a provider that uses a strategy that suits you, and an EA can assist you to reach your trading goals (please note that BlackBull Markets does not supply EA programs to our Clients). There are thousands of free and paid providers that work at different risk levels and varying profitability. MT4 also provides support to MetaScript, so you can create your own EA’s that suit your trading style. These can present you with indicators and alert you to movements in the market, 24 hours a day, 6 days a week, with minimal intervention. We even provide Virtual Private Server (VPS) hosting so you don’t have to worry about your computer turning off.
Key Features:
- Multiple order types
- Market Watch Window
- Navigator Window
- Pre-installed indicators
- Analysis tools
- Multiple chart setups
- Automated trading
- Order execution capabilities
BlackBull Markets WebTrader
WebTrader is the online version of MetaTrader 4. It allows users to access their BlackBull Markets MetaTrader 4 account through any web browser and operating system (Windows, Linux, Mac), without needing additional software. You can access your BlackBull Markets account and begin trading instantly. Only an internet connection is required.
Why use WebTrader?
- All the benefits of the MetaTrader 4 platform
- Trade from any device- desktop, laptop, tablet, and switch between devices seamlessly
- No download required
- Compatible with any web browser- Google Chrome, Mozilla Firefox, etc
- All transmitted data is encrypted- trade without worries
Payment Options with Bull Markets Broker
Minimum deposit requirement: $200
Depositing funds to your account is easy and as straight forward as possible. We understand that every customer has different needs, so we have made it so that you may use multiple methods to fund your account. Be it credit/debit, bank wire or any other method of your choice, we have it for you.
Deposits accepted in the following Currencies:
- United States Dollar (USD)
- Euro (EUR)
- Great British Pound (GBP)
- Australian Dollar (AUD)
- New Zealand Dollar (NZD)
- Singapore Dollar (SGD)
- Canadian Dollar (CAD)
- Japanese Yen (JPY)
- South African Rand (ZAR)
Aside from Bank Wire (which takes 1-3 days to process), all other payment methods are instant, allowing you to manage your account finances in real time. If you would prefer to deposit your money in your BlackBull Account using a method other than a bank transfer;
Available payment methods: Credit Card Payments (Visa, MasterCard), Skrill*, Neteller**, China Union Pay, FasaPay
*Please note that our Skrill account is a USD account. You can still fund with multiple currency options, but doing so may incur exchange rate fees
**Depositing with Neteller offers multi-currency options for your convenience. The currencies available to you through Neteller are: USD, AUD, EUR, GBP, CAD, JPY and SGD
Customer Support and Educational Material
Customer support is available 24/6 during market opening times. BlackBull maintains a maximum 24hr response.
Forex Market Analysis are available to all the traders.
How was the rating of BlackBull Markets performed compared to other brokers?
This 2022 Forex Broker Review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on BlackBull Markets FX broker performance and features.
Overall our online BlackBull Markets review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online BlackBull Markets or you find inaccurate details BlackBull Markets broker review please get in touch with us and the changes will be applied.