I found that a margin call will be issued if your account falls below 75% and a stop-out will be activated if your account falls below 50%. In addition to these support channels, BlackBull Markets has compiled an extensive knowledge base for answers to common questions. They are conveniently organized into subsections dedicated to Getting Started, Account Support, TradingView, MT4, MT5, BlackBull Invest, cTrader, and the Secure Client Area. The BlackBull Markets podcast library, featuring introductory trading insights and strategies.
- However, the Standard account is less competitive, with variable spreads from 0.6 pips but average spreads much higher on major forex pairs during my tests.
- With a host of training guides online, you will also get the most support and training materials if you choose the MetaTrader platforms, not to mention if you move to another forex broker there is a good chance they will offer MT4 and/or MT5.
- BlackBull Markets designed a specific investing account BlackBull Invest for direct stock purchases, therefore enabling customers to gain from possible dividends.
- 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.
Commissioni non legate al trading di BlackBull Markets
There are several options for a base account currency, including USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY, ZAR, CHF, and THB. Traders should choose one that matches their bank account currency to avoid currency conversion fees. As mentioned above, Blackbull Markets provides access to share investing through its BlackBull Invest Account.
Non-Forex Assets
All deposits are instantly processed on approval, except for Bank Transfers, which may take between 1 and 3 business days. With BlackBull Markets’ MetaTrader Web Trader, customers can access their MT4 and MT5 accounts through any browser and operating system. The platform is compatible with all major browsers, including Chrome and Firefox, and operating systems (Windows, Linux, and Mac). Trading from any device, desktop, laptop, or tablet is easy and effective, and switching between them is hassle-free. With the Web Trader platform, no downloads or additional software installation are necessary. MetaTrader 5, MT4’s advanced successor, was also developed by MetaQuotes in 2010.
Our website is focused on major segments in financial markets – stocks, currencies and commodities, and interactive in-depth explanation of key economic events and indicators. Arash Doostelahi is a dynamic content writer and online course creator based in Tehran, Iran, with expertise in content strategy, instructional design, and digital storytelling. All websites and web-based platforms are tested using the latest version of the Google Chrome browser. Blackbull agent Alexander Ackerman-Hart has done an amazing job in responding on time and has been prompt with all his communication. The efficiency and speed of blackbull staff is 10/10 and as a result I have decided to switch my trading over from IG Markets to Black Bull.
Available Features
If you want advanced tools, more order types, faster processing and the latest design, I would choose MT5, which is the newest platform from MetaQuotes. One area that BlackBull Markets really stands out from the competition is its wide product portfolio. The brokerage offers one of the largest product lists I have seen, with over 26,000 tradeable assets. The breadth of stocks and futures is particularly strong, ensuring I can build a diverse portfolio.
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). Developed by ForexBrokers.com and in use for nearly 10 years, Trust Score is a proprietary rating system powered by a range of unique quantitative and qualitative metrics, including each company’s number of regulatory licenses.
BlackBull Customer Service and Support
Importantly, I found that FIX API is compatible with any FIX program, offering full customization and low latency. Another bonus in my opinion is that BlackBull supports the Autochartist plugin for MT4 and MT5. I can use this powerful pattern recognition technology to identify market opportunities. The two third-party copy trading solutions offered by BlackBull, ZuluTrade and Myfxbook, are among my favorites, even before I had used BlackBull Markets. If you want a modern design with powerful charting, I would opt for TradingView. I find this an excellent option for technical analysis with over 100 indicators and 15 charting styles.
Trading Platforms and Tools
Australian shares incur a 0.12% commission (a minimum of AUD 14), while New Zealand shares are subject to a 0.16% commission (a minimum of NZD 14). The Institutional account provides the best trading conditions with spreads from 0 pips and a lower commission of $4 per lot, though I think the minimum deposit is unrealistic for many traders at $20,000. The ECN Prime Account requires a $2,000 starting deposit amount and is tailored to the needs of experienced traders seeking optimal trading conditions. Customers will benefit from tighter spreads compared to the ECN Standard Account, starting from just 0.1 pips, making the account ideally suited for high-frequency traders, scalpers, and algorithmic traders. Although a commission of $6 applies per round turn, the overall trading costs are substantially lower. Beyond the above-mentioned third-party platform providers, BlackBull Markets offers an in-house built solution, BlackBull CopyTrader.
Impressive ranges for all trading conditions making Broker suitable for a vast range of traders, also across the globe due to International proposal. Along with its advanced and quite competitive trading offering, as we discover in our review, BlackBull also supports educational resources suitable for traders of different levels. By means blackbull markets review of its MT4 and MT5 apps for iOS and Android devices, BlackBull Markets presents a strong mobile trading experience with great customization and effectiveness. These programs let traders handle accounts, study markets, and make trades on-demand, therefore offering the complete capability of the desktop platforms but on the go. The broker enables multiple trading solutions as a financial services provider with proprietary software to aggregate powerful trading performance along with competitive pricing.
- The Standard Account, similar to all other supported types, provides cost-efficient trading across various asset classes, including Forex, Indices, Commodities, Shares, and Crypto.
- BlackBull Markets offers the full MetaTrader suite, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5) for desktop and web, and BlackBull Markets’ own BlackBull Shares platform (powered by Interactive Brokers’ TWS platform).
- Overall, I rate the transparent pricing structure but BlackBull Markets isn’t the cheapest forex broker, especially for beginners.
- The regulatory structure of BlackBull Markets reflects a middle-tier approach to compliance and client protection.
- BlackBull Markets offers low pricing with spreads beginning at 0.1 pip and no minimum deposit for the ECN Standard account, also low spread for most instruments offered.
Besides its user-friendly trading environment and a strong focus on education, the broker protects its client funds in segregated accounts. BlackBull Markets offers a range of special promotions and incentives to both new and existing clients, providing additional value and support for their trading activities. These offers are designed to enhance the trading experience, reward client loyalty, and attract new traders to the broker’s platform. Led by Steven Hatzakis, Global Director of Online Broker Research, the ForexBrokers.com research team collects and audits data across more than 100 variables. We analyze key tools and features important to forex and CFD traders and collect data on commissions, spreads, and fees across the industry to help you find the best broker for your needs.
While the account is valid for 30 days, potential customers can request an extension and open a new one. As mentioned above, novice traders are provided with a risk-free environment to practice trading and a virtual account balance of $100,000. The account may also be suitable for more experienced traders willing to test a new strategy in an environment that replicates real market conditions or familiarize themselves with a new asset class. Copy traders should note that testing signal providers requires a live trading account.
BlackBull Markets fees
Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. At ForexBrokers.com, our online broker reviews are based on our collected quantitative data as well as the observations and qualified opinions of our expert researchers.
BlackBull Markets Review 2025: Pros, Cons, and Key Features
ECN PrimeDesigned for traders who prefer commission charges as trading fees and more suitable for traders with experience, algo traders, pattern or swing traders. ECN Prime features ultra-fast execution and a commission of only 6$ which is competitive and average compared to competitors. Yet, traders will need 2k$ to open and access this account type, also, get some extra benefits and advanced tools as a bonus. BlackBull Markets has carefully curated a diverse selection of payment processors, encompassing bank cards, digital wallets, bank transfers, and cryptocurrencies. With nearly 10 deposit methods and around 20 withdrawal options at their disposal, traders can securely and seamlessly move funds to and from their trading accounts.
It began its operation back in 2014 through Auckland New Zealand and combines years of Institutional Forex experience with a focus on resource offering to retail traders. The most important of which include regulatory credentials, the accessibility of accounts, coverage of the forex market, the quality of trading tools, and the competitiveness of fee structures. Opening a BlackBull Markets Demo Account is free of charge and easy, with just an email address or a Google/Facebook account needed.
Before making any trading related decision, contact a local professional financial advisor. Withdrawals from BlackBull Markets vary by payment method, but are similar to most forex brokers I have evaluated. The firm processes withdrawals within 1 working day, though wire transfers can take up to 10 working days. My analysis shows that BlackBull Markets is best for experienced forex traders looking for true ECN execution with tight spreads, low commissions and fast execution speeds. I was disappointed, though, that you can only practice trading risk-free for 30 days. This limits the usefulness of the demo account, especially given that many top forex brokers offer unlimited demo trading.