BlackBull Markets Review 2024: Pros & Cons

blackbull markets register

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.

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 xcritical under the BBG Limited subsidiary, registered in the Seychelles and regulated by the Financial Services Authority (SVGFSA).

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.

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.

How Do I Open A Live Account With BlackBull Markets?

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.

Our review of BlackBull Markets has uncovered several good reasons to open a live account, including access to 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.

cTrader

Please note, some markets may only be available via CFDs or other derivatives. Black Bull Group Limited is incorporated and registered in New Zealand, regulated by the local Financial Markets Authority (FMA). Deposits are accepted in nine currencies including USD, EUR, GBP, JPY and AUD. When we used the BlackBull Markets terminal, we were pleased to see all payment methods are free, although third-party charges may apply. Stock trading is also available via leveraged CFDs and on underlying shares.

Standard Account

blackbull markets register

Resuming the production of live xcritical scam 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.

blackbull markets register

The plugin, which is integrated with MT4 and MT5, scans the markets and alerts users to potential trading opportunities. At the time of writing, there are no promotional offers available at BlackBull Markets. Traders can check the broker’s website or social media pages for any future deals. All platforms are available with mobile compatibility, including free downloads to iOS and Android devices.

Before that, I never heard any remark from them.They even dared to say that my trading is against the ethical standard of their trading framework. To let someone trade for so long, only to then delete all profits without any proof, is as unethical as it gets. Withdrawals must be made using the same method that you originally deposited. Fees apply at 5.00 in the base account currency for credit/debit cards, Neteller, Skrill, and international bank wire transfers. BlackBull Social is a powerful platform that allows you to execute trades following the strategies of master traders. The ultra-low latency ecosystem means copy-trades are executed as close to the masters as possible.

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.

  1. The table below summarizes the different investment products available to BlackBull Markets clients.
  2. BlackBull Shares is the broker’s proprietary mobile app providing access to global share trading across 80+ markets.
  3. BlackBull Markets offers several platform options so there is something for everyone.
  4. Blackbull Markets offers the option of an Islamic account to traders who are of the Muslim faith and who operate under Sharia Law.

Additional Features

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.

BlackBull Markets has significantly expanded its range of markets with the launch of BlackBull Shares. Today, BlackBull offers over 26,000 tradeable symbols; 2,500 are available on MetaTrader 5 (716 in Prime account) and TradingView, and 311 symbols on MetaTrader 4. The table below summarizes the different investment products available to BlackBull Markets clients. Spreads from as little as 0 pips when choosing an ECN Institutional Account. The spreads will be determined by the type of live account you choose to register.