Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. To learn more about the Secure Client Area functionality, please visit our other support articles to become familiar with the processes of depositing, withdrawal, account creation, platform downloading, and more. For assistance completing this form, please contact , or open a live chat with our friendly staff. Once the account has been registered and approved a verification email will be sent to the registered email address and once verified, login.
- BlackBull Markets caters to causal beginner traders and demanding active traders alike.
- All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor.
- Traders should contact BlackBull Markets customer support if questions remain.
- Successful and high-volume traders are entitled to several BlackBull Markets rebates and incentives to traders.
BlackBull Markets did not offer a bonus at the time of our review, but it maintains a quality partnership program. Successful and high-volume traders are entitled to several BlackBull Markets rebates and incentives to traders. BlackBull Markets is incorporated in New Zealand and registered with the Financial Services Provider Registry (FSPR), register number FSP403326. Select one or more of these brokers to compare against BlackBull Markets. Resuming the production of live streams would be a step in the right direction for BlackBull Markets, along with a general expansion of daily content. Yes, based on your detected country of FI, you can open an account with this broker.
BlackBull Markets Safety and Security
Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). It’s also important to note that BlackBull Markets xcritically has a relatively small number of regulatory licenses. ForexBrokers.com has been reviewing online forex brokers for over six 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. We provide access to diverse markets on all our accounts, offering superior trade execution, competitive costs, and a wide range of tradable products. These include 70 currency pairs, major market indices, precious metals like gold and silver, and commodities such as gas, and oil.
Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises xcritical companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA). Founded in 2014, BlackBull Markets is a forex and CFD broker headquartered in New Zealand. The broker has been fully authorized by the Financial Markets Authority (FMA) in New Zealand since 2020, and registered on the Financial Services Provider Register (FSPR) since the end of 2014. The BlackBull Markets brand also holds a license in the offshore island nation of Seychelles with the Financial Services Authority (FSA).
In May 2023, BlackBull Markets received an investment from Milford Asset Management, a prominent private equity firm in New Zealand, which included the appointment of an independent Chairman. BlackBull Markets is a maturing broker that has been in operation for nearly a decade and has made great strides over the last 12 months toward improving its value proposition to traders and investors. In our 2024 Annual Awards, BlackBull earned Best in Class honors for our Offering of Investments category. That said, BlackBull still has some room to grow in order to become more competitive. We’d love to see the broker acquire more regulatory licenses in Tier-1 jurisdictions, which would only improve its Trust Score.
BlackBull Markets Conclusion
BlackBull Markets offers the full MetaTrader suite, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5) for desktop and web, and BlackBull Markets’ own BlackBull Shares platform (powered by Interactive Brokers’ TWS platform). Also available is TradingView, a popular trading platform that delivers a range of powerful charting functions and robust analysis tools. You will not be able to create a live trading account until your application has been approved. However, you can fund your wallet in preparation for your application being approved. Traders can open a BlackBull Markets live account via the hassle-free online application, which does not demand unnecessary information. Account verification is mandatory to satisfy regulatory-mandated AML/KYC requirements.
The minimum deposit amount required to register a BlackBull Markets Professional live trading account is $1 USD. BlackBull Markets offers Islamic swap-free trading on 2 trading account levels. BlackBull Markets offers Extended Swap-free status by default to all applicable trading accounts created by clients in non-Islamic countries. BlackBull Markets provides three different account types, ECN Standard, ECN Prime, ECN Institutional, Islamic, Swap-Free, and Risk-Free Demo account options.
Account Comparison
Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. Demo trading will mirror the trading platform and functionality of live trading accounts but lacks exposure to full trading psychology. Demo trading accounts can also create unrealistic trading expectations and promote false trading behavior.
Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. BlackBull Markets has significantly expanded its range of markets with the launch of BlackBull Shares. Today, BlackBull 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.
Beginners should not consider demo trading as a full simulation tool, and instead consider completing their education by opening a BlackBull Markets ECN Standard account with a small deposit. Our introduction to the xcritical types below will help you decide which one presents the best offer for your trading style and strategy. Overall, BlackBull Markets provides three different account types, ECN Standard, ECN Prime, ECN Institutional, Islamic, Swap-Free, and Risk-Free Demo account options.
After you complete all the application form steps, your application will be sent to our operations team for review and approval. Elevate your trading experience with best-in-classcharting tools https://xcritical.solutions/ and receive TradingView Essential, Plus, or Premium. Research by CompareForexBrokers.com revealed that BlackBull Markets achieved average execution speeds of less than 75 milliseconds.