What are your Account Types?

The available trading platforms are MetaTrader 4, MetaTrader 5, TradingView, and BlackBull Trader. The broker offers ECN Standard, ECN Prime, and ECN Institutional account types to meet the needs of different traders. Trading fees are average, educational content is extensive and customer support is great at this broker. Overall, BlackBull Markets is a reliable and trustworthy forex and CFD broker that offers a range of trading instruments, competitive fees, and excellent customer support.

• You can always start with nothing in your account in terms of deposit fees.
• BlackBull Markets trading fees are affordable, even though the trading costs differ based on the account type and the instrument.
• BlackBull also provides educational materials that are suitable for traders of various levels.
• Social Trading may be a perfect solution if you want to trade but don’t have the time or market knowledge or want someone else to trade on your behalf.

Some 6 index-based CFDs can also be traded, together with a handful of metals and energy commodities. We executed all our trades via the MT4 and MT5 mobile apps on our iPhone. For this review, we opened an individual limefx scam MT4 and MT5 Standard account with Black Bull Group Limited, regulated by New Zealand’s Financial Markets Authority (FMA). The broker is regulated by the New Zealand FMA, a tier 2 regulator with strict rules.

How to Open a BlackBull Markets Account – Step-by-Step Guide

We will show you more details about this topic in the next sections. All in all, BlackBull Markets seems like a trustworthy Forex Broker from first look. In addition to the platforms themselves, BlackBull Markets offers a wide range of tools and resources to enhance your trading experience. Likewise, the spreads are veritably low on every request and it’s depending on your account type. The ECN Standard Account gives you a spread from0.8 pips but you pay no commissions.

And BalckBull Market offers low-cost pricing models for these energies in their platform. Therefore, you can trade these energy resources with flexible BlackBull Markets leverage while also getting a fast execution speed. Although the broker started in one country, it now offers service to 180+ countries around the world. And now they offer 26,000+ tradable instruments using the MetaTrader 4 and MetaTrader 5 platforms. Its commitment to client satisfaction, as well as its regulatory compliance with the Financial Markets Authority (FMA), make BlackBull Markets a trustworthy and secure option for traders. Furthermore, the brokerage’s negative balance protection offers an added layer of security for clients’ funds.

All Forex Brokers

It is considered an average risk with an average rating of 74 out of 99. BlackBull Markets provides 26,000 tradeable assets, which is great for the sector. BlackBull Markets is regarded as secure since it is overseen by New Zealand’s premier FMA. Black Bull Market is secure to use and is operated by FMA (The Financial Market Authority of New Zealand). First of all, you have to choose the asset you want to trade and choose the position size (volume). For a correct position size, you have to calculate it or use an indicator.

The site does not indicate what commission is charged for replenishment. You can reach the BlackBull Markets customer support team via email and live chat. Our second query was via live chat, where we wanted to know if they provide stocks and cryptocurrencies. Traders who prefer a modern platform should try the MT5 platform since the MetaTrader 4 forex trading platform is a bit dated. Traders who prefer the MetaTrader platforms will find a home with BlackBull markets. However, traders who prefer a proprietary platform are out of luck since the broker does not offer such a platform.

What kind of assets can I trade with BlackBull Markets?

BlackBull Markets are ideal for beginners and experienced traders. BlackBull Markets trading tools offer traders the necessary tools for beginners new to trading. The more experienced traders prefer a higher minimum deposit and a small fee per trade to get tight spreads, which BlackBull Markets offers. BlackBull Markets is a forex and CFD broker founded in 2014 in New Zealand.

After your account is verified, you can make deposits, trade, and withdraw funds. Further, there is a fee of 5% in case a trader deposits the fee and then withdraws the amount without making any trade. When trading through the Prime account, you can expect to pay a limefx forex broker commission of USD 6 (NZD 10). When trading through the Institution account, you can negotiate your commission with BlackBull Markets depending on the kind of volume that you intend to trade. BlackBull Markets is considered to be safe for traders from New Zealand.

BlackBull Markets Customer Support

Through the ZuluTrade social trading platform, Blackbull clients can gain exclusive access to a vast pool of professional traders and trading systems. It lets users locate successful traders and follow their trades, which are translated into real trades in their accounts. Note that traders will have to contact Zulutrade directly about possible platform costs. BlackBull offers a partnership program in foreign exchange for its traders.

This is however just the part of the online trading equation New Zealand’s BlackBull Markets has gotten right. Since 2014 (when the brokerage was launched) users have had plenty https://limefx.vip/ of time to post feedback good and bad, and they did exactly that. As with MT4, it is also available for download on a PC, in a mobile application, and for a web trader.

standard

BlackBull Markets’ head office is located in Auckland, New Zealand. The Company is authorized and monitored under the supervision of the Financial Services Authority in Seychelles (FSA) and FMA (NZ). The trading platform follows the guidelines and regulations of the FSA, FCA and FMA, which ensures that the users are safe and secure. For the comparison of BlackBull Markets’ trading account types, please visit the page here. There is no commission on the standard account, however on BlackBull Markets’ Prime and Institutional accounts there is a $6 USD standard round turn commission on every lot you trade. BlackBull Markets has multiple trading account types such as Standard, Prime, Institutional, Active Trader and Islamic Swap Free.

• In fact, most trader reviews border on the ecstatic, extolling the virtues of the BlackBull setup.
• This email was sent instantly, so there was no delay in accessing MT4 to try out trading.
• The MetaTrader 4 Platform (MT4) is the world’s most popular online Forex trading terminal.
• As per our BlackBull Markets review, the platform offers great customer service through online chat, phone, and email.

There’s a service for professional guests and plutocrat directors (institutional service). The broker can offer the stylish liquidity and fastest prosecution. It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While ForexBrokerReport.com has some data verified, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers in the term of commission. Our receipt of such compensation shall not be construed as an endorsement or recommendation by ForexBrokerReport.com, nor shall it bias our reviews.

BlackBull Markets: Autochartist and Educational Tutorials for Traders

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. I would not hesitate to trade with them, especially considering they operate in a regulated environment. The auto trade function of MAM software is fully customisable to meet your trading requirements and is designed to run through the MT4 platform. I personally don’t feel the need to use the FIX API for my trading as the MT4 platform meets all my needs. If you are set on a FIX API broker, then Global Prime is another suitable option.

There is a service for professional clients and money managers (institutional service). BlackBull Markets offers affordable trading services and 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. BlackBull Markets provides several trading platform options for traders to choose from. Overall, we consider the variety of trading instruments offered by BlackBull Markets to be adequate for most traders (including beginners and more advanced traders).

In addition, trading tutorial videos are offered in the education center of BlackBull Markets. The withdrawal process is generally quick and hassle-free, but some withdrawal methods come with transfer fees, which you will have to cover. Additionally, currency conversions will be charged with a 2% added conversion fee. When you do a withdrawal, it can take 1-3 days till the withdrawal is done by BlackBull Markets. For withdrawals, you can use the same methods as the deposit, but there are some fees for you.