At any rate, you should check with your own bank or processor to see if they add any fees of their own. The broker offers energies including oil, natural gas with flexible leverage and a cost-effective pricing model. BlackBull Markets allows the clients to trade valuable metals like silver and gold with flexible leverage and minimum trade rates. This feature helps the client to build and enhance their portfolio in a safe manner. BlackBull Forex needs no introduction as it is the most popular financial market which most traders across the globe use. Its daily trading volume on average goes as high as $5 trillion per day.

  1. BlackBull Markets are a true Electronic Communication Network (ECN) broker with Straight Through Processing (STP) and No-Dealing Desk (NDD).
  2. If you want access to the lowest possible spreads on the ECN prime account, you will need to make an even larger deposit of $2,000.
  3. They use ANZ Bank as their banking partner who are one of the leading banks in the Australasia region and also have a global presence.
  4. If you’re a registered client of BlackBull Markets, you can sign up for SwipeStox for absolutely free and connect your trading account to the SwipeStox account.
  5. Their offer suits both low volume traders interested in no commissions and high volume traders looking for a commission driven approach with low spreads.

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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. Overall Blackbull Markets review shows they are a good choice for New Zealanders wanting a forex broker that offers FMA regulation and has ECN trading with low spreads. Something that doesn’t appear readily available from brokers with a derivatives trading licence from the FMA. BlackBull Markets offers a range of fee-free funding methods while requiring no minimum deposit to start trading.

About the Editorial Team

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. The company is based out of Auckland, New Zealand, which is home to a rapidly growing Fintech industry that is backed by the government.

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. BlackBull Markets give a very good first impression with a very clean looking website. In terms of trading conditions, the spreads are starting low and the commission on the commission-based account is in line with the industry average ($6 per lot traded). There are enough ways to deposit to keep most people happy, there are some fees for withdrawing but they are kept relatively low.

Genuine reviews from actual clients

We sent an email inquiry about the broker’s institutional account and the Active Trader account to but did not receive a reply from the broker, which was disappointing. The broker provides daily market update videos published on its YouTube channel and live streams longer session covering new economic releases in a live-trading-room format. BlackBull Markets offers a bonus programme to its clients with a maximum payout of $250.

Although the Autochartist tool is great, it is not unique to BlackBull Markets. They work with plenty of other brokers if this software is something you would find useful. It’s like having a set of eyes constantly observing and analysing the market for you. This can save you plenty of time and stress waiting for the right opportunity to occur. You can just go about your day and take action as and when the software finds a valid signal on your chosen markets. BlackBull Markets have three dedicated state of the art Equinix servers located as close as physically possible to the three major exchanges for instantaneous market access.

Blackbull Markets Review

BlackBull Markets has significantly expanded its range of markets with the launch of BlackBull Shares. The broker now offers over 26,000 tradeable symbols; 2,500 are available on MetaTrader 5 and TradingView, and 311 symbols on MetaTrader 4. The table below summarizes the different investment products available to BlackBull Markets clients. While the broker offers detailed video content, we would like to see written content for traders who learn best via reading.

BlackBull Markets Trading Platforms

BlackBull Markets has also added cryptocurrency CFDs, and the only asset class not offered is ETFs. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. A well-designed training library caters to beginners, intermediate and advanced traders. The best part is, there are demo accounts that you can use to test the trading platforms and other things before opening your actual account.

Their commitment to providing ultra-fast execution speeds sets them apart in a competitive market. This feature, crucial for strategies like scalping or high-frequency trading, places them at the forefront for traders who value speed and efficiency. BlackBull Markets offers the full MetaTrader suite (MetaTrader 4 and MetaTrader 5) alongside multiple social copy trading platforms and a web app powered by TradingView.

Social trading is becoming increasingly popular, and BlackBull Markets has collaborated with some of the greatest social trading providers on the market. You can track deals made by others in their BlackBull Markets trading accounts. Social Trading may be a perfect solution if you want to trade blackbull markets review but don’t have the time or market knowledge or want someone else to trade on your behalf. Blackbull Markets provides social trading support with ZuluTrade and Myfxbook. The premium trading tools and services they provide have seen them win multiple awards for technology and innovation.

BlackBull Markets answers some questions in its FAQ section and describes its products and services well. Therefore, I believe that most traders will not require assistance unless there is an emergency. In such a case, BlackBull Markets ensures a customer service representative is available.

Indices are a market wide value of specified markets based on the relative value of companies within the market. They are traded as Contracts for Difference (CFDs) and commonly grouped together by similar industries. If you want to run your platforms 24/7 then there is a handy Virtual Private Server (VPS) option.

All companies who are registered with the FSPR must also be a member of an independent dispute resolution scheme. This is to ensure any complaints that you may have are dealt with in an impartial and independent manner. However, I think most traders will be more than happy with the services provided. BlackBull Markets share trading platform can be a little intimidating for new users but if you’re an experienced trader, you’ll find that this platform can solve all your trading needs. BlackBull Markets commissions offering is definitely at par with major market players. Their offer suits both low volume traders interested in no commissions and high volume traders looking for a commission driven approach with low spreads.

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 execute most trading strategies since the broker allows high-risk strategies such as hedging and scalping.