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BlackBull Markets Review 2024

Ben Johnson
Forex Broker Expert

Recommended
blackbull

4.9 / 5 – 53 Ratings

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BlackBull Markets is a true regulated ECN broker. BlackBull Markets was founded in Auckland, the technology-focused, financial capital of New Zealand. In 2014, BlackBull Markets’ founders decided to collaborate in the equities retail space with the goal of providing clients with the best trading experience.

Brokers Highlights

Brokers Name

BlackBuII Markets

Trading Desk

ECN

Year Founded

2014

Headquarters

New Zealand

Regulation

Seychelles – Company No. 857010-1, BlackBull Group UK Limited (Company Number – 9556804), New Zealand – NZBN 9429049891041

US Clients

🇺🇸
No

247 Support

✔️

Support Email

support@blackbullmarkets.com

Telephone

+64 9 558 5142

Address

Level 20, 188 Quay Street, Auckland Central, 1010, New Zealand

Languages

English

Accounts Details

Commission

$0

Accounts

ECN Standard, ECN Prime, ECN Institutional

Min. Deposit

200

Currencies

USD, EUR

Execution

Market Еxecution

Leverage

1:500

Spreads

0 pips

Trade Size

0.01

Instruments

Commodities, Stock CFDs, ETFs, Forex, Indices, Metals

Demo Trading

✔️

Swap-Free

✔️

CopyTrading

Crypto Trading

✔️

Platforms

Platform

Trading View, MT4, МТ5, Webtrader, Mobile Platforms

Mobile Trading

✔️

Web Trading

✔️

Affiliate

✔️

Funding

Deposit

Credit Card, Neteller, UnionPay, Skrill (Non-EU clients), Bank Transfer, Crypto

Withdrawal

Credit Card, Neteller, UnionPay, Skrill (Non-EU clients), Bank Transfer, Crypto

Pros

  • Low spreads
  • Wide range of tradable assets
  • Competitive fees
  • Good trading platform
  • Responsive customer support
  • Multiple account types
  • Islamic accounts available
  • Social trading feature

Cons

  • No negative balance protection
  • Withdrawal fees
  • Basic research tools
  • High minimum deposit for the Prime Account
  • Outdated web trading platform
4.9 / 5 – 53 Ratings

BlackBull Markets is a true regulated ECN broker. BlackBull Markets was founded in Auckland, the technology-focused, financial capital of New Zealand. In 2014, BlackBull Markets’ founders decided to collaborate in the equities retail space with the goal of providing clients with the best trading experience.

BlackBull Markets was founded with the goal of becoming the leading online Financial Technology and Foreign Exchange broker. BlackBull Markets is a true ECN, No Dealing Desk brokerage specializing in Forex, CFDs, Commodities, Fibre Optic Communications and Fintech solutions for a global clientele.

BlackBull Markets Regulation

BBG Limited (Trading Name : BlackBull Markets) is limited liability company incorporated and registered under the laws of Seychelles, with company number 857010-1 and a registered address at JUC Building, Office F7B, Providence Zone 18, Mahe, Seychelles. BlackBull Markets’ head office is in Auckland, New Zealand. The Company is authorised and regulated by the Financial Services Authority in Seychelles (FSA) under license number SD045 for the provision of the investment services. Payment clearing services provided by:

BlackBull Group UK Limited (Company Number – 9556804) Address – 6 Thornes Office Park Monckton Road, West Yorkshire, England, WF2 7AN
Black Bull Trade Limited is a NZ limited liability company incorporated and registered under the laws of New Zealand , with NZBN 9429049891041 and registered address Floor 20, 188 Quay Street, Auckland Central, Auckland 1010, New Zealand. Black Bull Trade is a registered Financial Services Provider (FSP403326).

Why Choose BlackBull Markets

24/7 Dedicated Support

Client satisfaction is our priority at BlackBull Markets. BlackBull Markets friendly support team and dedicated account managers provide 24/7 support in multiple languages via email, live chat, and phone.

Superior Trading Conditions

Enjoy spreads from as little as 0.0 pips, lightning-fast execution speed, leverage up to 500:1, and 26,000+ tradable assets, including forex, stocks, and Indices.

Working Together Toward Your Investment Goals

Whether you are an expert or novice market trader, we welcome you to share in our team’s expertise. Traders of all types can benefit from our range of educational resources, including trading guides, forex calendars, and videos covering high-impact economic events.

No Fees on Deposits

BlackBull Markets No-Fee Funding model applies to all accepted payment methods, including bank deposits, credit cards, Skrill, and Neteller.

Segregated Client Accounts

BlackBull Markets use ANZ Bank, one of New Zealand’s oldest financial institutions, to manage our operational liquidity. ANZ Bank is synonymous with security and reliability in finance, in conjunction with being located in one of the most politically stable countries in the world, New Zealand.

A Straight Through Processing (STP) system is used for further security and ease of mind, with BlackBull Markets effectively being unable to intervene with any client trades. To further distance any conflict of interest, client funds are all held in segregated bank accounts in ANZ Bank to provide you with the comfort and control over your investments.

Trading Accounts

Standard Account

The Standard Account is perfect for traders that are looking for a great value Forex experience. With no commissions and low spreads, it’s easy to get started. Trade with your Standard Account on any of the platforms that we offer, including, P.C., Mac, mobile, and Webtrader.

Account Features

  • Minimum Initial Deposit of 0 USD
  • No Commission
  • 1:500 Leverage
  • Micro Lots Available

Prime Account

For traders that are looking for a competitive edge, we offer the Prime Account. With a commission of just $6 lot per 100k traded and spreads starting at just 0.1 pips, the Prime Account is perfect for traders looking to get the most out of their trades.

Account Features

  • Minimum Initial Deposit of 2000 USD
  • $6 USD per lot for most pairs
  • 1:500 Leverage
  • Micro Lots Available
  • Access to all Tradeable Instruments

Institutional Account

  • Minimum Initial Deposit of 20,000 USD
  • Complimentary VPS Access
  • Customisable commission structures
  • 24/7 Dedicated technical support
  • Customised MAM/PAMM Platform available

Islamic Account

As paying or receiving interest is prohibited in Islam, BlackBull Markets have created a swap free account that operates in full compliance with Sharia Law. Islamic (swap-free) accounts are offered as a variant of our Standard, Prime and Institutional Accounts, retaining all the great features of the regular account types.

Account Features

  • Available in both Standard and Prime
  • Swap Free
  • 1:500 Leverage
  • Micro Lots Available
  • Access to all Tradeable Instruments

How To Open Account With BlackBull Markets

https://youtu.be/MGmkxH7QapA
  1. Complete application – Fill out your details on our fast and secure application form.
  2. Confirm email – Check the verification link within the email we’ll send you.
  3. Wait for approval – Your application will be reviewed and approved by our team.
  4. Fund your account – Fund your account with our range of zero fee funding methods.
  5. Start trading – Once approved, you can start trading on one of our trading platforms.

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.BlackBull also offers the integrated use of TradingView as a standalone platform in addition to the MetaTrader solutions. 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.

TradingView

BlackBull Markets is proud to offer its clients the option to Trade directly in TradingView, the world’s leading charting and social trading platform. Whether you trade on desktop or mobile, TradingView’s beautiful charts can supercharge your trading experience.

Join the 30 million traders around the world that have already discovered the ease and joy of trading with highly customisable and automated charts and tools.

MetaTrader 5

BlackBull Markets is proud to offer its clients the option to Trade with MT5, one of the world’s premium trading platforms. Trade with MT5 on desktop, web, and mobile and take advantage of its versatility, including tools for comprehensive price analysis, trading robots, Expert Advisors, and copy trading.

  • New order type: stop limit order
  • Display of market depth
  • Free professional charting tools
  • Supports both the traditional netting and hedging options
  • More indicators (80+)
  • EA compatibility and powerful EA testing environment
  • Multi-lingual platform

MetaTrader 4

BlackBull Markets is proud to offer its clients the option to Trade with MT4, the world’s most popular trading platform. Trade with MT4 on desktop, web, and mobile and take advantage of its versatility, including tools for simple price analysis, trading signals, Expert Advisors, and copy trading.

  • Very user-friendly
  • Multi-lingual platform
  • Chart analysis tools
  • Multiple charts and analysis display
  • Expert Advisor compatibility
  • Instant and future trade placement

Social Trading

Social trading is growing in popularity and BlackBull Markets has partnered with the best social trading providers available. BlackBull Markets’ clients can follow trades made by Lead Traders that are participating in our affiliated Social Trading System, directly from their trading accounts.

Here are some of the reasons why BlackBull Markets clients use social trading:

  • Start-up costs are low. You don’t always need to have a large initial deposit to begin trading with automated signals or following another trader. Some providers will allow you to start with as little as $200.
  • Diversifying your risk. You can allocate different strategy providers with certain social trading platforms, giving you an ability to diversify risk rather than rely on a single provider.
  • Verified trading results. Some social trading websites work with traders who are on live accounts only. There’s no demo or virtual accounts being used and there is a clear track record of results over a period of time.
  • Save on fees. Money management with experienced traders can sometimes attract administration fees or performance fees. Social trading providers often charge fixed fees or slightly wider trading spread.

Zulu Trade

ZuluTrade is a world leading, peer to peer, social trading platform. Mimic the trading strategies of thousands of registered, talented currency traders from 192 countries. Using ZuluTrade’s proprietary performance evaluation algorithm, as well as feedback from ZuluTrade’s knowledgeable community, BlackBull Market clients can customise trades according to their preferences and risk tolerance.

Other Key Features:

  • ZuluGuard – Advanced account protection feature that monitors the performance of Traders 24/7.
  • Simulation – Allows users to test their selected trader’s performance.
  • Customisation settings – Retain full control over your account.
  • Automator – Create and execute your own automated rules using “if this, then that” logic.
  • Availability – Website and all major mobile platforms (iPhone, iPad, Android, Blackberry, and Kindle Fire) allowing you to be in control of your account anywhere, anytime.

Myfxbook

Myfxbook is one of the leading social trading sites; it allows users to share, analyse, track, and compare their trading activities. Use Myfxbook to set up auto-trading to follow traders that you have selected, in addition to setting yourself up as the main trader in an auto trading network. The usability and intuitive nature of the Myfxbook interface allows for ease of use and common sense inputs and outputs.

Myfxbook is an affiliate of BlackBull Markets, as such, our MetaTrader 4 trading program is completely integrated with the Myfxbook system.

Key Benefits of Myfxbook:

  • Trading account analysis shows trading habits and statistical trends produced by your trading behaviour
  • Innovative and intuitive user interface to keep you up to date with the market
  • Public record of competency for Money Managers, your trades can be displayed on Myfxbooks public systems page
  • Publish your account statements
  • Develop, compare, and improve your trading skills using the help of the Myfxbook community
  • Multiple chart setups
  • Automated trading
  • Order execution capabilities

Partnerships

Refer a Friend

If you refer a new client to BlackBull Markets, who funds and trades on their account, BlackBull Markets will deposit up to US$250 into both you and your friend’s trading accounts as a thank you bonus. It is that easy.

How does it work?

  1. Invite your friends to trade with us from the Refer a Friend page in our Client Area -or- your friend can let us know your email when they sign up.
  2. Once your friend meets the below deposit and trade requirements within 90 days of opening their account, you will both receive the refer a friend bonus straight into your accounts.
  3. You can refer as many people as you want to keep receiving the refer a friend bonus.
First time depositYour friend tradesYou’ll each receive
US$1,0005 FX LotsUS$100
US$10,00020 FX LotsUS$250

How you can get started:

  1. Open a live accountOpen a live account now if you haven’t already got one.
  2. Log into the Secure Client AreaLog in and visit the ‘Partners’ tab found on the left-hand side of the portal for full details.
  3. Start referring and earning – Let your friends know so you can both start earning today!

Introducing Brokers

The IB Program is perfect if you have an FX content website, forum, or a group of traders that you would like to help get set up with BlackBull markets. Most IBs can earn a steady income stream by introducing or referring just a handful of clients a month to BlackBull Markets.

Key Features of our IB Program

  • Attractive rebates
  • Personal IB Account Managers
  • Simple client onboarding and commission tracking through our portal
  • TradingView, MetaTrader 4, MetaTrader 5, WebTrader & Mobile Trading Platform integration
  • Commissions paid into a trading account
  • Support staff available 24/7, speaking a variety of different languages
  • Advanced cookie tracking and web reporting

Contacts

Address

BlackBull Markets
Level 20
188 Quay Street
Auckland, 1010

  • support@blackbullmarkets.com
  • +64 9 558 5142
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Recommended
blackbull

4.9 / 5 – 53 Ratings

Check out the best alternatives

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