For traders seeking a competitive edge, this broker provides a Prime Account. With a fee of US$6 per 100,000 of trades and spreads beginning at 0.1 pip, Prime Account is the perfect choice for traders who want the most value from their trades. Compared to a lot of the top end brokers out there in the last few years, the support offered at this broker is absolutely brilliant.

Moreover, traders have more advanced features that can make trading more profitable. BlackBull Markets withdrawal fees vary on payment method.BlackBull Markets doesn’t charge inactivity fees. If you’re interested in comparing BlackBull Markets against other popular brokers in the industry, check out our BlackBull Markets Vs pages.

Trusted Broker Reviews

While learning, you can also use global trading times to practice making live buy or sell trades using BlackBull Markets. This hands-on experience can help you gain confidence and become more comfortable with trading. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position. Below we give an overview of the account types that BlackBull Markets offer.

Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients. In such a complex landscape, finding a reliable and trustworthy broker like BlackBull Markets requires thorough due diligence and careful consideration.

DEPOSIT/WITHDRAWAL

Over 9 years later BlackBull Markets now serves over 10,000 retail investors Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading. There is no mandatory minimum withdrawal amount on BlackBull in New Zealand. Step 4) Select an account type, provide your date of birth, fill out the address information and click ‘NEXT’. Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. Customer support is available 24/7, which is rare for the industry and the agents are responsive, polite, and knowledgeable. As with any brokerage, there are also some potential cons to consider when evaluating BlackBull Markets.

It has a wide range of financial instruments available for trading, a variety of trading platforms, and low minimum deposit requirements. Founded in 2014, BlackBull Markets are an award-winning online broker based in New Zealand specialising in Forex and CFDs. They are a great choice for those of you who want to trade with institutional grade conditions in a regulated environment. They provide you with an enjoyable trading experience that includes user-friendly trading platforms, tight spreads, low fees, rapid trade execution speeds and excellent customer support.

It is a free virtual account where you get real data from the markets. Also, there are two other account types that we will present to you in the next section. BlackBull Markets offers full support for Metatrader 4 and Metatrader 5, two of the most well-known trading platforms. The advantage of BlackBull Markets offering third-party platforms like MT4 and MT5 is that customers can use customized versions of these platforms should they wish to move to a different broker. This broker provides its proprietary platforms, which are more accessible to beginners and easy to set up.

Our receipt of such compensation shall not be construed as an endorsement or recommendation by ForexBrokerReport.com, nor shall it bias our reviews. In summary, BlackBull Markets is a safe broker and a great one at that. They offer amazing ECN conditions, great execution, a range of perks, very cheap trading costs and have an amazing reputable within the industry. I’ve used so many various brokers over the last 5 years, limefx forex broker searching for perfect, and now some of my capital is with BlackBull because of it’s truly unbeatable conditions and safety. The deposit went through within less than 5 minutes, with absolutely no hassle or fees. I tested a second deposit on the weekend to see if the deposits were being manually verified, however the deposit went straight through on the weekend too within less than 5 minutes, which is great!

But have in mind that bonuses are not allowed by any EU regulations. One new feature that BlackBull Markets has in its arsenal is cryptocurrencies. Even though they are highly speculative traders love it because of high volatility. They have the strictest requirements for getting those licenses.

Markets

TradingView’s charts will enhance the CFD trading process regardless of whether you trade on mobile or desktop. Over 30 million traders worldwide have experienced the ease and fun of trading using highly customizable and automated tools and charts. BlackBull Markets are ideal for beginners and experienced traders.

BlackBull Markets offers several trading tools and copy trading with third-party providers such as Zulutrade, MyFXbook, Autotrader, and many more. 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.

BlackBull Markets scored top in Customer Service because of their speedy and easy responses and the variety of languages supported. Compared with other forex brokers, BlackBull Markets stacks up against other brokers; traders can access customer support 24 hours a day through live chat. BlackBull Markets answers some questions in its FAQ section, where any queries for products and services are answered thoroughly. It also offers a toll-free number and email address for contacting customer support. BlackBull Markets has established itself as a competitive and reliable forex and CFD brokerage, providing a high-quality trading experience to traders of various skill levels and preferences. With its diverse range of financial instruments, multiple trading platforms, and a variety of account types, it caters to the needs of different traders.

• Over 9 years later BlackBull Markets now serves over 10,000 retail investors Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading.
• The working or functionality of the black bull markets is similar to any other forex trading platform.
• All account types are often designed to offer some more benefits as you deposit more money.
• Black Bull Market is secure to use and is operated by FMA (The Financial Market Authority of New Zealand).
• You do not have to worry about your privacy and security in terms of account details and money.

A typical raw spread of only 0.1 pips during the London/New York overlap is very competitive and an excellent offer from BlackBull. Traders must deposit a minimum of $2,000 for access to these spreads. In my opinion, this is arguably a little high, but well within an acceptable range. High-volume traders may negotiate rebates with BlackBull Markets, and I appreciate the flexibility this broker provides in that department.

Fraud platform that suspend your account when you withdraw

It is possible to adjust the tools to your own trading strategy. Moreover, multi-charting and one-click trading is supported by the software. With the standard account, you will get an additional spread, but you pay no commission. By using the other accounts, you will get the raw spreads, but you have to pay a commission. Yes, in short, we can confidently say Blackbull Markets provides a great user experience and competent and personal customer support. But there is more to it than just that, and you will find our detailed review regarding usability in the chart below.

Another important point within our Blackbull Markets Review is offered leverage levels. Actually we found that BlackBull markets is a highly regarded broker, as the clients they serve are mostly happy with the trading conditions and the service provided alike. As well as numerous awards confirming BlackBull Market’s success within the industry and placing them among regarded trading providers for its great technology and innovation. BlackBull Markets offers MetaTrader 4 and 5 as desktop trading platforms.

You can trade with your Standard Account using desktop trading platforms, Mac, mobile, and Webtrader. Like most brokers, they offer a free demo trading account for beginner traders, or experienced retail traders looking to test the trading environment before committing to the broker. If you are considering using BlackBull, I would highly recommend creating yourself a demo account to check the execution speed, spreads and overall conditions that you have access to. Conditions do change from a demo to a live account though, so take that with a pinch of salt. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money.

However, if you stay away from these practices and trading strategies, your fund should be protected from a negative balance. From our experience, Blackbull Markets is not a very big https://limefx.biz/ online broker like Tickmill for example, but the broker shows high expertise in currency investing. Also, there is high liquidity for retail traders and even professional traders.

The Forex Broker is fully regulated in New Zealand and provides a very good service. There is a free demo account to test the platform by yourself, and for all traders who want to start trading with real money, there is no minimum deposit for the standard account. This is a huge variety of more than 26,000 tradable instruments in total. BlackBull Markets support traders with the trading platform MT4 MT5 that offers a feed on the free margin.