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:
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.
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:
BlackBull Markets offer a lot of trading platform namely:
(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.
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.
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:
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:
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 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.
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.
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.
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 firstname.lastname@example.org (+64)9 558 5142.