Keep an eye on the latest session timetables via the broker’s terminal interface. This is particularly useful to stay up to date with upcoming market closures such as public holidays. Note, Islamic accounts and Active Trader accounts are available for eligible clients. Complete the application form and provide the relevant verification details including identity documentation. The most popular profile with a true ECN experience using direct to market processing. Deposits are accepted in nine scammed by xcritical currencies including USD, EUR, GBP, JPY and AUD.
Reviews
The ECN Standard Account, with no commissions and wider spreads, is typically preferred by beginner traders. The ECN Prime Account, offering lower spreads with commission fees, is ideal for experienced, high-volume traders. For those seeking customised solutions and lower commissions, the ECN Institutional Account is the best fit. You can contact the customer support team via several methods, including telephone, email, and 24/7 live chat. The broker also offers the ZuluTrade mobile app, a social copy-trading platform available on iPhone, iPad, and Android. BlackBull Shares is the broker’s proprietary mobile app providing access to global share trading across 80+ markets.
Demo Account Review
The best part is their super fast and excellent customer service on WhatsApp, especially Mariana of their team. 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. Generative AI tools are not a part of our content creation or product testing processes. 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. 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).
Institutional Account
Trading costs at BlackBull Markets are about average for the industry, and will vary depending on which of its three account types you choose. 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 trading experience is further enhanced by their use of xcritical scammers Virtual Private Servers (VPS) in partnership with BeeksFX and BeekFX, reducing trading latency by up to 30%. This reduction is vital for strategies like scalping and automated trading, as it minimises slippage risks and ensures accurate trade execution.
- We use dedicated people and clever technology to safeguard our platform.
- Suppose you’re a long-term buy-and-hold investor focusing on fundamental analysis.
- BlackBull Markets does not charge inactivity fees, account fees or fees for deposits.
- BlackBull Markets provides high-quality articles and daily news that shed light on xcritical global market trends and those of New Zealand, the U.S. and more.
- BlackBull Social is a powerful platform that allows you to execute trades following the strategies of master traders.
- The asset selection, especially for equity traders, ranks among the top 5 brokers within the retail Forex/CFD industry.
If you have experience trading with BlackBull Markets please share your personal review of the broker and what you think are strong and weak points. You can create a demo account by filling in a short online application form and setting the custom parameters of your account. It uses pattern recognition technology to monitor the markets 24/7 and is an important feature in many traders’ toolkits. This includes MT4 videos, forex analysis guides, and a trading glossary. When we used the BlackBull Markets platform, we were pleased with no account opening costs or inactivity fees for dormant profiles.
Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. 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. The platform offers near-instant execution speeds, interactive charts, and direct market trading using prime liquidity providers. The platform supports Expert Advisors (EAs), as well as MetaScripts, which allow you to create your own automated robots. Account registration and onboarding, including documentation and know-your-customer (KYC) processes, takes under five minutes.
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 platform also boasts custom cBots for algo trading, news feeds, market sentiments, custom time zones and a selection of built-in widgets from reputable sources like Trading Central and FXStreet. The broker is fully regulated by the New Zealand Financial Markets Authority (FMA) and Seychelles Financial Services Authority (FSA) and offers negative balance protection. Account setup is fast and hassle-free, and traders are assigned dedicated managers. Traders have access to customer support 24/7 via live chat, which I find the most convenient form to connect. A phone number, including a toll-free for New Zealand, and nine e-mail addresses are also listed, one with support in Chinese.
What is the minimum deposit at BlackBull Markets?
We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14. Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team. All BrokerNotes content is researched, fact-checked, and edited by the research team. The mobile trading apps from BlackBull are functional, providing adequate tools for trading and monitoring markets from mobile devices.
Is BlackBull Markets regulated?
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. It’s also important to note that BlackBull Markets xcritically has a relatively small number of regulatory licenses.
At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools. 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. We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points.
Highlights of its analytical features include 400+ built-in indicators, 100,000+ community-built indicators, 20+ timeframes and 15+ chart types. The MT4/MT5 platforms are highly reliable trading technology with compelling features like fully customizable charting options, multiple order types and advanced analytical capabilities. Both have built-in copy trading systems and support one-click trading, algo or automated trading through Expert Advisors (EAs), trading from the charts and trailing stops. They’re available on tablets, mobile devices (Android and iOS) and desktops (Windows or Mac). You can execute trading via the web without downloading any software onto your device using the MT4 WebTrader.
Over 3,000 trading video tutorials are available, including those demonstrating how to use technical indicators, customize trading platforms and create templates. You can join upcoming webinars or watch past ones for additional trading insights. An even better account option for well-funded and expert high-volume traders is the ECN Institutional account.
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. 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. Use our country selector tool to view available brokers in your country. Thats a question for the broker to answer but generally speaking, it wont matter where you trade from.
BlackBull Markets has no minimum deposit requirement for its ECN Standard account, $2,000 for ECN Prime, and $20,000 for ECN Institutional. I was waiting for my application to get approved and decided to ask customer service for a status update. They provided me with an update as to why the application was taking so long and was able to give me the right information to process the application on the same day. Steven Hatzakis is the Global Director of Research for ForexBrokers.com. BlackBull Markets recently expanded its market research coverage with the acquisition of research firm ATM Strategy. Considerable progress has been made in the broker’s research offering, though BlackBull Markets still trails behind the best forex and CFD brokers in this category.
For self-help resources, their website features a comprehensive FAQ and glossary section, offering detailed information about forex and CFD trading and the broker’s specific services. BlackBull Markets offers a range of fee-free funding methods while requiring no minimum deposit to start trading. All platforms are available with mobile compatibility, including free downloads to iOS and Android devices. When we used the apps on a portable device, our experts confirmed all options are fully functional with interactive navigator windows.