blackbulls markets review

If you’re looking for a reliable broker, BlackBull Markets is worth considering. They offer a great trading experience with fast execution, low spreads, and amazing customer service. You can trade many different things, and they have different accounts to suit your needs. Whether you’re a new trader or an experienced one, BlackBull Markets is a top choice for your trading journey. The cTrader is another popular, sophisticated and feature-rich platform that provides traders with a fantastic and hassle-free trading experience. Its range of advanced trading infrastructures seems built for high-precision and ultra-fast trading execution, making it an important addition to ECN/NDD brokers like BlackBull Markets.

Company activitySee all

BlackBull Markets provides a great asset offering (especially in shares) and a great selection of trading platforms (MT4, MT5, TradingView and IBKR). Their commissions and spreads are definitely competitive ones and all their accounts operate under the ECN model. We consider them a great choice for intermediate to experienced high volume traders, on the other hand, for beginners they’re lacking better account options and more educational tools. We are satisfied with the additional features offered by the broker. Day traders can make use of social trading tools such as Myfxbook, HokoCloud and ZuluTrade. The broker also offers free VPS services for traders who meet certain criteria, including NYC Servers and BeeksFX.

blackbulls markets review

Gold Trading Brokers

Thanks to fast order execution, sophisticated technical analysis, and other select perks. Founded in 2014, BlackBull Markets is a forex and CFD broker from New Zealand, regulated by the national FMA authority and FSA Seychelles. Traders can also choose from over 26,000 instruments blackbull markets review across multiple markets. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights, in the commission based BlackBull Markets trading account. Jeff Anberg is a Staff Editor at BrokerNotes.co and ForexBrokers.com.

blackbulls markets review

Blackbull’s Educational Material

The other thing I found quite useful about cTrader is its ‘Smart Stop-Out’ feature. If the margin call threshold is reached and no new funds are added to the account, the system will start the partial closing down of open trades. That way, the risk of incurring bigger losses is lessened, while the chance for a reversal is retained. The smart stop-out tool provides highly speculative traders with more sophisticated protection against adverse volatility. I reviewed BlackBull’s legal documents, such as the Client Agreement, risk disclosure, and execution policy, and found everything to be in order.

Forex Categories

This includes comprehensive price analysis, the use of algorithmic trading applications and copy trading. The WebTrader eliminates the need to install any additional software and offers all the same benefits as the desktop version, including drawing tools, financial news and live pricing. No, there are a few brokers regulated by the Financial Markets Authority (FMA) which is the oversite for financial markets in New Zealand. BlackBull Markets is considered a safe broker with an overall trust score of 37. The broker is regulated by the Financial Markets Authority (FMA) in New Zealand and holds an offshore license issued by the Seychelles Financial Services Authority (FSA). This dual regulation adds a layer of trust and security for traders.

About the Editorial Team

The MetaTrader 4 Platform (MT4) is the world’s most popular online Forex trading terminal. It has a straightforward interface and is considered easy-to-use for novice and experienced traders. It is also widely recognised for its fast execution speeds, range of charting tools, algorithmic trading, and customisability. However, only basic orders are available, such as Market, Limit, Stop, and Trailing Stop.

Range of Offerings

Suppose you’re an experienced or beginner trader looking for a reliable and trusted online forex trading broker to kickstart your journey. BlackBull Markets also boasts some of the most advanced and intuitive trading technologies, with robust features and sufficient assets to cater to diverse trading preferences. Thanks to its cutting-edge Equinix server, BlackBull Markets offers near-instant execution.

  1. Strangely, Blackbull Markets does not advertise this on its website.
  2. The broker supports the MetaTrader 4 and 5 platforms as well as TradingView, cTrader and a proprietary mobile app.
  3. The features on the web-based platform are the same as for mobile; access to 80+ global markets and 26,000+ shares, 70+ order types, and advanced analysis tools.

BlackBull Markets being a regulated broker offers a good range of secure funding solutions and keeps money according to trust, safety and confidence with Top tier segregated Bank accounts. However, always make sure to verify according to your residence what conditions and methods are applicable to you, or some rules that may vary. Blackbull CopyTrader is a platform that allows you to copy the trades of Lead-Traders (Providers) from any MT4 or MT5-based broker. It also comes with a large amount of risk management tools, is free to use, and doesn’t require any minimum deposit. As one of the most popular copy trading platforms on the market, MyFXBook is a service where you can copy trades from top successful FOREX trading systems. It allows you to copy the trades of any system you select directly into your Blackbull MetaTrader 4 account.

BlackBull Markets has different email addresses for various queries, including support, compliance and introducing broker queries. One unique feature of the cTrader platform is the cTID (cTrader ID) login functionality. This feature facilitates seamless access to all your linked trading accounts via a single login. Other cTrader features, like an integrated economic calendar, mirror those of MT5 platforms. CTrader is compatible with Mac and portable iOS devices, as well as Windows desktops and Android devices. Some of cTrader’s basic technical features are 55+ technical indicators, 28 timeframes, 6 chart types, level 2 DoM and no stop/limit level restrictions.

The broker extends its global reach with offshore licensing in Seychelles and offers a diverse array of over 26,000 CFDs across various asset classes, including forex, shares, and crypto. In addition to CFD trading, BlackBull Markets also provides a dedicated share trading facility, enabling direct investment in shares, https://forexbroker-listing.com/ distinct from share CFDs. While the MAM account is a customizable software that is designed to run on the MT4 trading platform, the PAMM account is a customizable software with a central liquidity pool to allocate profits. BlackBull Markets provides their clients with the very popular MetaTrader 4 (MT4) trading platform.

blackbulls markets review

We got a fast response, and the support agent let us know that they offer stocks and BTCUSD on the MT5 platform. We then asked how we can open an MT5 account and were instructed to send an email to These accounts do not attract a swap fee for positions held overnight. The accounts are known as the Standard Account, the Prime Account, and the Institutional Account.

You can read about margin requirements, current spread rate, and much more before proceeding to open a position. The table demonstrates how much you would have to pay to trade 1 full lot (100,000 units) on the EUR/USD with a pip value of $10 for each account. A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates. Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight. BlackBull Markets accepts deposits by bank wires, credit/debit cards, Skrill, Neteller, Union Pay, FasaPay, and selected cryptocurrencies.

Traders can copy trades and strategies in a range of popular financial markets with user-friendly risk management tools. We used demo accounts across various top brokers for uniformity, focusing on both limit and market orders. The testing involved MT4 Expert Advisors specifically designed for these order types, which measured the time between order placement and execution. BlackBull Markets ensures seamless trading on the move with mobile apps for all its platforms, including MetaTrader 4, MetaTrader 5, and cTrader.

blackbulls markets review

BlackBull Markets offers a free demo trading account for beginners to practise trading risk-free. Our experts are pleased with the security measures implemented by the broker. All transmitted information is encrypted via a secure SSL connection.

The broker facilitates social trading via additional tools like ZuluTrade and Myfxbook. The program offers incentivized bonuses and payments of up to $250 for any client who signs up on the platform, deposits funds and starts trading through your affiliate link. Like all referrals, BlackBull Markets designed its affiliate program to meet innovative marketing needs. For instance, it offers affiliate partners personal support and tools for tracking their affiliate business growth.

BlackBull Markets offers the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, as well as highly customizable TradingView to its clients. Clients can access the two platforms via the desktop and mobile MT4 and MT5 applications. Traders can deposit and withdraw from their accounts using bank transfers, credit and debit cards, and e-wallets such as Neteller.

Global clients may trade under the BBG Limited subsidiary, registered in the Seychelles and regulated by the Financial Services Authority (SVGFSA). The levels of support and protection may vary depending on the entity. At the time of writing, there are no promotional offers available at BlackBull Markets. Traders can check the broker’s website or social media pages for any future deals. Withdrawals must be made using the same method that you originally deposited. Fees apply at 5.00 in the base account currency for credit/debit cards, Neteller, Skrill, and international bank wire transfers.

I have personally found the trading conditions very favourable for my day trading styles and swing trading. You will be hard pushed to find any better spreads and commission structure per trade out there in the market from any trusted forex broker. Spreads are very important when it comes to forex trading, especially for intra-day traders and scalpers – much less so for swing traders as they are taking moves for thousands of pips. With BlackBull Markets, there are a few different account types and these all come with a varying spread. On the most common ‘ECN Standard’ account, you have spreads ranging from 0.8 pips, with $0 commission per trade!

Laisser un commentaire

Votre adresse e-mail ne sera pas publiée. Les champs obligatoires sont indiqués avec *