I still use it and have always been happy with the platform so not felt the need to move up to another just yet. BlackBull’s cutting-edge trading technologies combine the best features to make multi-asset trading enjoyable on the web and mobile platforms. The BlackBull CopyTrader platform can take your copy trading experience to a new level. The broker facilitates social trading via additional tools like ZuluTrade and Myfxbook.
- They are constantly striving to uphold the highest levels of conduct and operational standards with a well-constructed supervisory framework in place to actively protect your funds.
- BlackBull Markets follows a strict privacy policy that safeguards client data and prohibits selling or sharing personal information without legal grounds.
- BlackBull Markets is a true ECN broker that allows clients to buy and sell over 26,000 financial instruments across different asset classes, including equities, forex, commodities, indices, crypto, and more.
- BlackBull Markets stands out by offering the world’s top trading platforms under one roof.
- This commitment has resulted in impressive growth within a relatively short timeframe, positioning the firm as one of the best globally recognized ECN-regulated brokers.
What can I trade at BlackBull Markets?
In addition to this, they have a strict Anti-Money Laundering (AML) & Counter Financing of Terrorism (CFT) policies. This are to ensure that business practises are run ethically and above board. They are constantly striving to uphold the highest levels of conduct and operational standards with a well-constructed supervisory framework in place to actively protect your funds.
It has branches registered as a Financial Services Provider in New Zealand, the UK, and Seychelles. The BlackBull Markets leverage varies according to the product that you are trading. BlackBull Markets is a forex broker located in Auckland, New Zealand, and was founded in 2014. For license updates, logo changes, review modifications, or to advertise with us — please contact Business Point, the official network manager of our platform.
Because Myfxbook is a BlackBull Markets affiliate, the MetaTrader 4 trading platform is fully linked with the Myfxbook system. This makes it easy for you to hook up the platform and follow other traders. I find them to be up there with the very best brokers if you are looking for a secure and reliable trading environment.
By reading this review, you will gain a better understanding of whether BlackBull Markets is the right broker for your trading needs and preferences. Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets. He is a long-time active investor and engages in research on emerging markets like cryptocurrency.
- BlackBull Markets’ trading platforms, which include MetaTrader 4, MetaTrader 5, cTrader, and TradingView, provide users with advanced charting tools, technical indicators, and automated trading capabilities.
- Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps.
- BlackBull’s MT4 provides traders with instant execution, a vast array of technical indicators, an interactive charting package, plus so much more.
- These features are designed to optimize technical analysis during day trading.
Is BlackBull Markets a legitimate and safe broker?
So, although you don’t need to meet a minimum withdrawal amount with BlackBull Markets, you must be aware of these fees that can reduce considerably the amount that you receive if your withdrawal amount is very small. On the other hand, the ECN Standard Account doesn’t charge any commissions. The only condition is that you have enough funds and your copy-trading parameters allow it. This is great because you can stop trading for the time that you want, and you can be sure that no inactivity fee will be charged to you. This means that you can trade using micro lots, equivalent to 1,000 units of the base currency, which is the same as trading with a 0.01 lot size.
Maximum Leverage By Asset Class
However, BlackBull Markets does not support accounts denominated in INR, which means that Indian residents will have to pay conversion fees on all deposits and withdrawals. Conversion fees can make trading expensive, and affect profitability, especially since BlackBull charges a currency conversion fee of 2% on all deposits and withdrawals. The trading costs on the Standard Account are built into the spread and are higher than the costs on the commission-based Prime and Institutional accounts. However, the minimum starting deposits on both the Prime and Institutional accounts make them inaccessible to most traders, particularly beginners.
CFD trading lets you profit from rising and falling markets by entering into contracts with a broker to exchange the difference in an asset’s value between the opening and closing of the trade. BlackBull Markets offers affordable trading services and blackbull markets review their spreads are relatively less than average and they do not charge a commission through their Standard account. Further, the commission that they charge through their Prime or Institutional accounts are also quite low and the spread is even tighter. Compare top platforms, fees and features to make an informed trading choice.
How to catch trades that immediately EXPLODE into profit
ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. If you just want to trade forex on the MT4 platform, then BlackBull Markets will do the job. Then there is ZuluTrade for anyone who is interested in social trading and copying the trades of others. The BlackBull Markets platforms and technologies are amongst the best in the industry and in place to make sure that clients can retain and grow their competitive edge in the global markets.
Overall, I believe that BlackBull Markets is a solid choice for traders seeking a reliable and well-rounded broker. Their extensive range of tradable assets, competitive pricing, advanced trading platforms, and commitment to education and customer support make them a strong contender in the online trading industry. As with any broker, it’s essential to carefully consider your individual trading needs and risk tolerance before making a decision. 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.
To withdraw funds from your BlackBull account you simply should login to your account area or a Client Portal and submit a request. Under the section ‘Funding’ click tab Withdraw Funds, submit all the required data, allow BlackBull to process the request within 1-2 business days and then your payment provider will add funds to the chosen method. This wide spectrum lets various traders properly diversify portfolios and change with the times for different market environments. Examining BlackBull Markets’ tradable assets exposes a whole range of products fit for many trading strategies with thousands of instrument products available to trade.
Is BlackBull Markets regulated and compliant with global standards?
It ensures high-speed trading and offers scalpers and other high-frequency traders the precision trading they require. It would be great if they could in the future offer a wider selection of assets to trade. BlackBull Markets is an international broker that has been in the industry for more than 10 years. They offer a wide range of assets, prominently featuring over 1,500 equity CFDs.
Customer Support Test
Our researchers open personal brokerage accounts and test all available platforms on desktop, web, and mobile for each broker reviewed on ForexBrokers.com. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments. Trading and investing in financial instruments comes with a high degree of risk and you can lose money.