Website

Visit Broker

Platforms

MT4, MT5, WebTrader

Founded

2014

Demo Account

YesOpen Demo Account

Regulated by

FSPR, FSCL

Leverage

1:500(1:30 for EU clients)

Min Deposit

200

Customer Support

Yes

Rating

Contact

...

Country

International
BlackBull Markets is the Trading Name of Black Bull Group Limited, a Limited Liability Company incorporated in New Zealand, with a registration number 5463921.
BlackBull Market started its operation in Auckland, New Zealand, in 2014 after their management decided to collaborate in the Foreign Exchange retail space, with a combined 10 years of great institutional Forex experience.
BlackBull Markets is a New Zealand registered and incorporated company. BlackBull Markets are registered with the Financial Services Provider Registry (FSPR) and are a member of the Financial Services Complaints Limited (FSCL) dispute resolution scheme. To complement this, the broker has maintained a strict Anti-Money Laundering (AML) / Counter Financing of Terrorism (CFT) policy; to ensure their Brokerage runs above-board and ethically across all business practices.
BlackBull Markets is a real ECN broker. BlackBull Markets is a No Dealing Desk brokerage, dedicated in providing services in Forex, CFDs, Energy, Fiber Optic Communications, and Regional Client Solutions. This broker is led by a team of excellent, successful professionals with more than a decade of forex, Fintech development and data security experience. Here are a few things that you should know about this broker:
  • The official website of BlackBull Markets is www.blackbullmarkets.com
  • They are NDD Broker and BlackBull Markets do not create markets.
  • The Minimum deposit to open an account with BlackBull Market is $200.
  • The Base Currency are USD, EUR, GBP, AUD, SGD, CAD, NZD, ZAR, JYP
  • The Maximum Leverage is 1:500 for international traders and 1:30 for EU traders.
  • BlackBull Markets offer the MetaTrader4 (MT4) account.
  • The Markets offered by BlackBull Markets are in Forex, CFD/Indices, Commodities, Cryptocurrencies, Metals, and Energy.
  • BlackBull Markets do not offer Bonuses.
  • You can invest through the following means: Bank wire, Credit/Debit Cards, Fasapay, China Union Pay, Neteller, and Skrill.
  • Segregated accounts for the security and safety of your funds, with rapid withdrawal and deposits.
  • When selecting a broker like BlackBull Markets the executive body and regulative standing of the broker is extremely vital. Brokers WHO conduct trades while not direction of a regulative body do thus at their own discretion. Any capital you invest is in danger. BlackBull Markets was established in 2014, and operating for six years BlackBull Markets have a head workplace in New Zealand.
    BlackBull Markets is regulated, which means they have the Authorization to provide financial services to its clients within the regulated region that they operate. This suggests BlackBull Markets square measure supervised by and is checked for conduct by the Financial Services Provider Register (FSPR), FSPR number: FSP403326 regulative bodies. The good thing with a regulated broker is that, a Regulated Brokers won’t manipulate market costs. With BlackBull Market, same is applicable to their firm, because if they do, they have a regulatory body making sure they are compliant. In terms of deposit and withdrawal request to BlackBull Markets, once you submit your request to withdraw your available fund from your trading account, this will be honored. If BlackBull Markets violate any regulative rules their regulated standing might be stripped. With these strict regulatory bodies, clients trading with them are sure of pulling out their fund anytime they might decide to.
    Any payments funded to BlackBull Markets accounts by traders square measure held in a segregated bank account( company uses a segregated account to keep their clients investment separated from companies working capital) . For value-added security BlackBull Markets use tier-1 banks for this. Tier one is the official measure of a bank’s financial health and strength.
    TRADING CONDITIONS:
  • WHAT IS THE MINIMUM DEPOSIT WITH BLACKBULL MARKET?
  • When you create a trading account with BlackBull Markets, the initial investment required for any trader to activate their live account is $200. This is an opportunity for you to get into the financial market with a little capital. The minimum initial deposit required by BlackBull Markets is $200, which is an average amount to start trading with.
  • WHAT IS BLACKBULL MARKETS SPREADS AND COMMISSION?
  • BlackBull Markets offers floating spreads. Floating in the sense that it depends on the type of account type that you are operating with the broker, so BlackBull Markets Spread vary by account type. Spreads for the EUR/USD pair start at 0.9 pips on the commission-free Standard account type, and at 0.2 pips on the Prime account, plus a commission of 6 per lot round turn. So basically the average trading costs on both account types range between 1.0 – 1.3 pips on EUR/USD, which is not bad at all.

    Leverage results from using borrowed capital as a funding source when investing to expand the firm’s asset base and generate returns on venture capital. Leverage is an investment strategy of using borrowed money, the utilization of varied financial instruments or Leverage in finance pertains to the utilization of debt to shop for assets.
    With BlackBull Markets, the maximum leverage level offered by BlackBull Markets is 1:500, which is comparatively high, they are other brokers who does offer very little leverage. This is something that most brokers out there do not offer. BlackBull Markets has given both beginners and old clients the opportunity to increase their buying power from the financial market. The leverage offered to European clients usually ranges from 30:1, but for all other traders outside of the European Economic Area, their maximum leverage they can get from this broker is 500:1

    They are four (4) different types of account provided by BlackBull Markets, these are:

  • STANDARD ECN ACCOUNT: The Standard ECN Account provided by BlackBull Markets, give any registered trader the access to all tradable instruments in the BlackBull Markets Platforms. With an initial deposit of $200, your access to this account type will be fully provided to you by the broker. One of the sweetest things with the Standard ECN Account is that, there is no commission. The spread relating to this account type is very low and you can also trade on any platform that BlackBull Markets offer, these include Web Trader, Mac, and PC and even on your mobile phone. Here are the features that come with the Standard ECN Account (1) Minimum deposit of $200 (2) No Commission (3) Maximum leverage 1:500 and leverage for EU clients ranges from 1:30. (4) Micro lots are available (5) Access to all tradable assets.
  • ECN PRIME ACCOUNT:BlackBull Markets also offer an ECN Prime Account for traders with an initial investment capital of $2000. Once you have signed up for this type of account and invested the initial deposit into your trading account and you start trading, BlackBull Markets will take a commission of $3 lot per $100k traded and the spread provided starts from 0.2 PIPS. This account actually was meant for those with experience in the financial markets and who are looking to make the best out of their trades. Features that the ECN Prime Account provides are as follows: (1) Minimum deposit of $2000 (2) $6 per lot (3) Leverage of 1:500 but not inclusive for EU traders which their leverage ranges from 1:30 (4) Micro lots available for traders. (5) Access to all tradable assets.
  • ECN INSTITUTIONAL ACCOUNT:
  • The institutional account provided by BlackBull Markets provides traders with the opportunity to tailor their spread, commission and also to customize their account in a way that will suit them. The initial investment for anyone who will like to open this type of account will be ranging from $20000. The ECN Institutional Account provided by this broker also provides the following for its traders; (1) Complementary VPS Access (2) Customizable commission structure that will suit trader. (3) Access to 24/6 dedicated technical support from the company. (4) Customized MAM/PAMM platform available for trader who chose to have this type of account.
  • ISLAMIC ACCOUNT: There are a lot of Muslims who might want to trade but due to the prohibition of paying or receiving interest in Islam, BlackBull Markets have created a swap free account. This account type is in full compliance with the Sharia Law. BlackBull Markets Islamic swap free account offers the same features that are already provided in the Standard ECN, Prime and BlackBull Institutional account, which retains all the great features the regular account type provides.
  • BlackBull Markets offer a lot of trading platform namely:

  • MT4 PLATFORM: BlackBull Markets offers its clients the most widely used trading platform, MT4 (MetaTrader 4) which is available on both desktop and mobile versions. The MT4 platform provided by BlackBull Markets is suitable for any type of trader. The MT4 platform is one of the most user friendly platforms anyone who is trading will want to use. It has many features, this is the reason why most traders, both beginners, intermediate and highly experienced traders chose to trading with this particular platform. The MT4 provides instant execution, interactive charts, technical indicators, and so many interesting features. A trader using the MetaTrader 4 platform will be connected to the NY4 Equinix server which is located on the Wall Street, which offers you a very reliable .execution as fast 2-5 milliseconds. With the Equinix server, you trade directly with the market using a range of prime liquidity providers which gives you access to the best ask/bid price available. BlackBull Markets’ MT4 is equipped with 85 pre-installed indicators, multiple chart setups, a wide range of automated trading algorithms, known as Expert Advisors (note that BlackBull Markets does not provide nor supply the EA program to their respective client all around the world, a trader can get access to these EA from the providers and integrate on the BlackBull Markets platform, 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). Here are some of the MT4 features:
    (1) Multiple order types
    (2) Market watch Windows
    (3) Navigator Windows
    (4) Pre-installed indicators
    (5) Analytical tools
    (6) Multiple Chart Setups
    (7) Automated trading
    (8) order execution capabilities.
    The MetaTrader 4 platform has been designed to be compatible with MAC, IPHONE, ANDROIDS, IPADS/ TABLETS. So both iPhone and android users will always have access to their trading platform at point in time so far as your device has internet access on it.
  • METATRADER 5 PLATFORM:
  • BlackBull Markets has also partnered with Institutional Analysts Daily FX to provide its clients with a morning newsletter with an outlook on key markets (containing Trading Central institutional level technical analysis strategies), as well as with access to market updates every 2 hours on major trading pairs and commodities.

    MAM & PAMM services are also offered by this broker. What is more, BlackBull Markets is introducing a Social Trading Plugin, where clients can browse and select Money Managers (MM) to invest in. This gives investors the chance to make money without having to trade themselves

    For every trader who wants to open a live trading account with BlackBull Markets has something that might have caught their interest to do so and this also mean they have also caught interest in either some of the instruments that this broker offer. BlackBull Markets always strive to provide the most inclusive set of trading instruments to their clients. The trading instruments offers by this broker includes the following;(1) precious metals such as gold and silver, (2) Commodities like energy, oil and gas, (3) Index from major markets and (4) Forex which includes 64 currency pairs.

  • BlackBull Markets Forex Trading: There is no denying that the international forex market is one of the largest by daily trading volume as well as by value. BlackBull Markets offer a total 64 currency pairs, including most major, minor, and exotic currency pairs. These are eligible to be tradable on a 24/5. Spreads start from 0.1 pips with a flexible leverage of up to 1:500. Some of the major markets on the trading platform include GBP/USD, USD/JPY, AUD/CAD, USD/CAD, EUR/USD, NZD/USD, and USD/CHF.
  • BlackBull Markets Index CFDs: BlackBull Markets provides access to global equity markets by offering a range of Index CFDs such as JPN225, UK100, AUS200, GER30, US30 and SPX500. No commission or additional mark-ups and re-quotes are charged for Index CFDS on the platform. BlackBull Markets provide ultra-low latency and a straight-through processing system for the convenience of traders.
  • BlackBull Markets Energies: BlackBull Markets offers a set of energies such as natural gas and oil. They provide flexible leverage and a low-cost pricing model. Examples include USOIL (US Light Crude Oil) and NGAS (Natural Gas)
  • BlackBull Markets Precious Metals: BlackBull Markets provides traders with an option of trading precious metals. This includes Gold (XAU/USD) and silver (XAG/USD), which can help diversify a trader’s portfolio and are also seen as safe-haven investments. They also provide flexible leverage and minimum trade sizes.
  • If you are looking to register a forex trading account with BlackBull Markets for the first time, you will be required to go through a basic “know your customer” process also known as the KYC process. This is to ascertain if you are eligible to trade. This will allow BlackBull Markets to be sure that the documents submitted during registration is correct, The reason for this also is to make sure that their clients funds are safe.After successfully submitting the registration form, you will receive an email which is contains all the login information for your trading account which will match exactly the account type that you had initially opened.
    To open an account, follow the following steps:

  • Complete the application by filling out your details on the secure application form.
  • Confirm email
  • Check the verification link within the email sent.
  • Wait for approval
  • Your application will be reviewed and approved
  • Fund your account with the range of fee-free funding methods.
  • Start trading
  • Once approved, you can start trading on one of the MT4 trading platforms. A potential trader can also open a demo account by following these steps:
  • Complete application by providing your contact and account details.
  • Receive account details
  • Your login details and password will be mailed.
  • Download your platform from the range of MT4 trading platforms.
  • Start trading
  • You have 30 days to practice with $100,000 demo funds and real market pricing.
  • After you have successfully created a live account with BlackBull Markets, funding your account will be the next in line which you can achieve using different deposit methods. Depositing money into your trading account with BlackBull Markets is so simple and easy to achieve, you may use multiple methods to fund your account, including credit/debit card, Skrill or any other payment method which will be listed below. For you to make your initial investment into your BlackBull Markets trading account, login to your BlackBull Account through the Client Portal where you will find multiple funding methods detailed and explained. Your investment into your trading account can be in USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY and ZAR.(Note also that) All payments except Bank Transfer are instant, allowing you to manage your account finances in real time. If you are investing using the Bank Wire takes approximately 1-3 business working days.
    You can invest using the following deposit methods:

  • Credit Card Payments from Visa and MasterCard.
  • Skrill
  • Neteller
  • China Union Pay
  • FasaPay

  • How will I withdraw Funds from my Trading Account?
    Majority of the brokers out there will only allow you to withdraw funds through the same means those funds were invested, but with BlackBull Markets, if you are using Credit Card, Skrill, FasaPay, Neteller, or union pay, you can only withdraw up to the amount you have deposited via that method. Additional profits must be sent via Bank Wire to a bank account proven to be your own.
    BlackBull Markets strives to process all withdrawal requests in less than 24 hours.
    For you to be able to withdraw funds from your investment account, you need to login to your BlackBull Account through the Client Portal and click the ‘Withdraw Funds’ button under ‘Funding’. BlackBull Markets does not charge for sending payment, but transfer fees are applied by remitting banks or payment system providers (Remember that these fees are not taken by BlackBull Markets). Once a bank transfer withdrawal has been approved and processed, it may take an additional 3-5 days for the funds to arrive in your account.

    In the education center part of the website of BlackBull Markets Broker, there are so many Forex related articles and videos available for traders. The education section of this broker consists of

  • Learn how to trade section
  • Trading videos
  • Trading guides
  • Trading glossary

  • Learn to trade section: This section provides individuals on how trading works as well as the basic fundamental and technical analysis of the financial market. This section will provide you information of the ins and outs of the basic things that will provide traders in-depth information of the fundamental and technical analysis relating to the financial market. You will find information related to what any trader should be looking at in the financial market, the risk of trading and the opportunities that the financial market can offer you.
    Trading Videos: This section can only be accessed when you might have fully verified your account. ‘BlackBull Markets provides you lots of video with the following topics;
    1. Your MT4 Account with BlackBull Markets
    2. How to configure templates in MT4
    3. Candlesticks and timeframe in MT4
    4. How to use your prime account
    5. Multiple timeframes on MT4
    6. Crosshairs and pips on MT4
    7. Support and resistance in MT4
    8. How to check the leverage on your MT4 Account
    9. Drawing Trend lines in MT4
    10. Fibonacci in MT4
    11. How to login into your MT4 Account.
    Trading Guides:
    There are so many topics that any registered trader can find under this section, starting from (1) Is there such things as a perfect trading strategy?
    (2) The Psychology of placing your first trade.
    (3) A beginner’s guide to social trading
    (4) 5 Tips for Forex Trading with a full-time job
    (5) The documents needed to open an account with BlackBull Markets
    (6) Margins Explained
    (7) Guide to understand your Demo Account
    (8) How much risk should you take? and great topic on
    (9) Dealing with trading losses.
    Trading Glossary:
    You will find most of the financial and trading terms under this section of the BlackBull Markets website. These terms will help clients familiarize both beginner and experience trader on terms used in the financial markets.

    The most straightforward way to contact BlackBull Markets’ support is through the live chat feature available at the official site. Most people will also chose to contact either through email or through the phone call, whichever way you decide, the BlackBull Markets customer support is very active and efficient, making sure that they assist each clients according to their issues.

  • Live chat support is readily available once you are on the website
  • Email to BlackBull Markets via: support@blackbullmarkets.com
  • And phone call support: (+64)9 558 5142
  • BlackBull Markets is one of the most reputable brokers we have reviewed so far. As a regulated broker with so many licenses and regulation across the globe, the trading community has always derived great joy when it comes to trading with this broker. In fact, reputation could well be considered the main selling point of this operator.
    The trading conditions offered by this broker is something we should never neglect and this is one of the exceptional things that has brought BlackBull Markets globally and also their exceptional flexible leverage which most brokers out there do not offer. For Traders under the European Economic Area, some of the offers might differ because of the MiFID. Leverage especially might differ, you can contact the BlackBull Markets for further clarification if there is further information you might seek.support@blackbullmarkets.com (+64)9 558 5142.