With no proprietary mobile app available, BlackBull Markets trails behind industry leaders such as IG and Saxo. Despite that omission, BlackBull continues to launch additional third-party trading platforms that steadily improve its offering, including TradingView. For our top picks among trading apps, read our guide to the best forex trading apps.
Interesting Broker
- These include popular digital wallets, card payments, bank transfers, and cryptocurrencies.
- The supported deposit options include bank cards such as Visa and Mastercard, mobile payment wallets such as Google Pay and Apple Pay, e-wallets like Skrill and Neteller, SEPA Transfers and Bank Transfers, and digital currencies.
- On multiple occasions, I have quickly been able to get answers to queries which saved me from having to contact an agent.
This will appeal to Prime and Institutional account holders who use algorithmic trading strategies and expert advisors. Most leading forex brokers I evaluate do not charge for withdrawals, so this is worth keeping in mind if you plan to make regular withdrawals. In contrast to the Standard and Prime accounts, the Institutional account does not support a swap-free option. BlackBull Markets supports trading in all major Indices, such as the S&P 500, NASDAQ 100, and UK100 through Index CFDs. Traders also have access to the Indices market through Futures contracts with just a small amount of the capital needed to purchase the underlying asset. There are 10 popular Indices, accessible through Futures contracts, with some of the options including Japan 225, NAS100, Dow Jones 30, Dollar Index, SPX500, Germany 30, and UK 100.
The Financial Markets Authority of New Zealand provides Tier-1 regulation through Black Bull Group Limited, offering a reasonable level of oversight and operational standards. However, the secondary regulation through Seychelles’ FSA represents a Tier-3 regulatory environment, which provides less stringent oversight compared to jurisdictions like the UK’s FCA or Australia’s ASIC. Our researchers open personal brokerage accounts and test all available platforms on desktop, web, and mobile for each broker reviewed on ForexBrokers.com. BlackBull Markets offers multiple platforms, including the full MetaTrader suite (MetaTrader 4 and MetaTrader 5), cTrader, TradingView, and multiple social copy trading apps.
How To Open A Live Account
They offer a wide range of assets, prominently featuring over 1,500 equity CFDs. Additionally, they provide the most popular platforms and extensive deposit facilities. These characteristics make BlackBull a broker to consider in the industry and one worth evaluating. Another important point within our Blackbull Markets Review is offered leverage levels. Usually, maximum leverage is defined by the instrument you trade, also the type of trader you are either professional or retail trader, and lastly is restricted according to the regulatory requirements broker obliges to.
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We are dedicated to maintaining high editorial integrity and transparency during reviews or other posts. However, it’s important to note that some of the products we discuss are from our partners. BlackBull Markets has won several industry awards including the Best Global FX Broker at the 2022 ForexExpo Dubai and has been part of the Deloitte Fast 50 Index for three years in a row.
I think BlackBull Market’s customer support is excellent, with 24/7 telephone availability a standout. I find this most useful for identifying upcoming events that could affect foreign exchange markets and specific currency pairs. If you trade one lot per month you also get free access to TradingView Pro, which comes with extra indicators and alerts. BlackBull Markets is a true ECN (Electronic Communication Network) forex broker with no dealing desk intervention. Overall, I rate the transparent pricing structure but BlackBull Markets isn’t the cheapest forex broker, especially for beginners. Founded in 2013, Tradingpedia aims at providing its readers accurate and actual financial news coverage.
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Beyond Forex, the platform supports a variety of other markets, including Stocks, Crypto, Commodities, and Futures, enabling portfolio diversification. Utilizing a more advanced programing language, MQL5, the platform supports algorithmic trading and development of custom indicators. Black Bull Group Limited, operating under the trading name of BlackBull Markets, has its registered address at Level 20, 188 Quay St, Auckland 1010, New Zealand. The company has obtained authorization from the local financial regulator, the Financial Markets Authority (FMA), and serves local traders through a registered Financial Services Provider license number FSP403326. BlackBull Markets supports various payment methods to facilitate global client transactions, though the fee structure presents some concerns for cost-conscious traders. BlackBull Markets is a maturing broker that has been in operation for nearly a decade and has made great strides over the last two years toward improving its value proposition to traders and investors.
Additionally, by interacting with BlackBull Markets’ institutional-grade infrastructure, the Mobile App provide consistent market access and competitive pricing. With easy order-entering screens and thorough account management tools, the user-friendly interface fits traders of all skill levels. Through the MetaTrader 4 (MT4) platform—which is considered as one of the most used trading systems worldwide—BlackBull Markets provides good trading experience overall. By use of advanced charting tools, technical indicators, and automated trading capabilities via Expert Advisors (EAs), the desktop edition of MT4 provides a user-friendly interface allowing traders to access a broad range of functions. BlackBull trading costs are consistent with regular spread or commission charges based on the account type you select to trade, also some instruments might apply additional conditions. To see the full picture you should consider rollover or swaps, also non-trading fees, like deposit fees or additional charges that might be applicable.
Assistenza clienti
- In addition to its regulatory framework, the broker has a registered entity in the United Kingdom, BlackBull Group UK.
- While cryptocurrency CFDs are available, BlackBull does not offer direct ownership or spot trading of cryptocurrencies, focusing instead on derivatives trading.
- MT4’s popularity is largely due to the charting and technical analysis tools, enabling traders to make informed decisions.
- Particularly important are the charting tools, which provide a large spectrum of technical indicators, drawing instruments, and customizing choices.
- Headquartered in Auckland, New Zealand, this broker has built a reputation for offering an exceptionally diverse range of tradable instruments while maintaining competitive pricing structures.
BlackBull Markets provides a comprehensive suite of educational resources and trading tools to support clients in enhancing their knowledge and skills. These resources cater to traders of all experience levels, from beginners to advanced market participants. By offering a diverse range of educational materials, BlackBull Markets empowers its clients to make informed trading decisions and develop effective strategies.
ECN Standard Account
In addition to its regulatory framework, the broker has a registered entity in the United Kingdom, BlackBull Group UK. Local traders should note that the company does not hold a license from the Financial Conduct Authority. As a result, UK traders do not benefit from standard FCA protections, such as the Financial Services Compensation Scheme (FSCS). BBG Limited, also operating under the BlackBull Markets brand, is registered under the laws of Seychelles and headquartered at JUC Building, Office F7B, Providence Zone 18, Mahé, Seychelles.
We also review each broker’s regulatory status; this research helps us determine whether you should trust the broker to keep your money safe. As part of this effort, we track 100+ international regulatory agencies to power our proprietary Trust Score rating system. Verification can help ensure real people are writing the reviews you read on Trustpilot. Companies on Trustpilot aren’t allowed to offer incentives or pay to hide reviews. All information on 55brokers.com is only published for general information purposes.
ForexBrokersOnline.com is committed to helping traders find the right forex broker for their specific requirements. I found limited bonus rewards and promotions for new and existing BlackBull Markets customers. This is unusual, as promotions are often available at offshore forex brokers. After reading many of the articles, they offer good coverage of geopolitical events, particularly in the Asia-Pacific region, though they don’t rival the insights from other forex brokers I have tested. This is another feature geared towards advanced traders, who can use it to connect directly to the broker’s bridge provider through FIX coding. I have been very impressed with BlackBull’s selection of trading platforms, which includes the industry-leading MetaTrader platforms as well as the excellent TradingView software and a bespoke solution.
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.
They are very good at customer service and helpful in anyway possible it was the best decision to choose BlackBull Market Thanks to Alex and Matti for helping me out so much thank you guys for the Help. We were founded in 2014 with the goal of becoming the leading online Financial Technology and Foreign Exchange Broker. BlackBull Markets is a true ECN, No Dealing Desk brokerage specialising in Forex, CFDs, Commodities, and Fintech solutions for traders globally.
Steven holds a Series III license in the US as a Commodity Trading Advisor (CTA). Trading costs at BlackBull Markets are about average for the industry and will vary blackbull markets review depending on which of its three account types you choose. Elsi customer service was fast efficient and got straight to the issue regarding my query with ease and made it straightforward to understand. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Sometimes there’s a SHORT couple of hours delay with my withdrawals and that is the only issue I have, sometimes, CUSTOMER since I believe 2011 !
