Blackbull Markets Review Updated year : Pros & Cons Revealed

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. BlackBull Markets is a New Zealand-headquartered Forex broker and FinTech company. It prides itself on speed and precision, promising traders ECN/NDD execution with deep liquidity through the MT4/MT5 trading platforms. I have conducted an in-depth review to determine if their advertised ECN, deep liquidity, and price aggregation, as well as institution-level pricing for retail traders, lives up to the hype. Since BlackBull Markets is a FinTech company, I would like to see a proprietary solution.

  1. BlackBull Markets offers MT4/MT5 as a desktop client, webtrader, and mobile app.
  2. The International Bank Transfers do take between 12 and 72 hours, which still is very competitive to other brokers as this is generally how long international transfers take to complete.
  3. BlackBull Markets is a good choice of broker for traders looking to carry out social trading on the sophisticated MetaTrader platforms.
  4. Since its founding in , this broker has built a solid reputation on a wide range of financial instruments.
  5. The broker provides traders with a reliable support team who are available 24/7 to respond to clients’ general, technical, and account-based inquiries.

ZuluTrade is an industry-leading, peer-to-peer, social trading platform that copies the trading strategies of expert traders. It is reputed for being the most popular auto trading platform available today. It allows traders to seamlessly replicate the trades of successful traders in their accounts. It features a database of traders from which you can choose the xcritical official site best for your individual goals and investing style. To be honest, if you are looking to go the copy trading route, then eToro would be my top choice as they the leading provider of social trading platforms. Founded in 2014, BlackBull Markets is an award-winning true ECN brokerage firm that is based in Auckland, New Zealand, with offices across the globe.

Blackbull Makrkets Trading Hours

The VPS service that is available at BlackBull Markets is provided by BeeksFX, a provider dedicated to hosting finance servers. It is compatible with the MT$ trading platform and offers many benefits, including reduced slippage, enhanced security, automation of data backups, and more. The VPS servers are located in New York, London, and Japan, close to the relevant exchanges to maximize execution speed and reliability.

By using BlackBull Market’s social trading, you can copy trading strategies from other traders, replicating their performance. Just make sure that you choose your sources xcritically to make the most of BlackBull Market’s social trading features. BlackBull Markets offers an Institutional account, which is meant for high-volume traders.

What trading platforms does BlackBull Markets offer?

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.

The domain is registered under our company, Black Bull Global Limited. This offer of services is also not intended for residents of the European Union, the United Kingdom nor any non-resident of New Zealand.

BlackBull Markets Negative Balance Protection

You will know if you have a verified BlackBull Markets account when you see a verified checkmark appear on your BlackBull Markets account profile. As long as you have a verified BlackBull Markets account, you are able to submit a request for a BlackBull Markets withdrawal. On your BlackBull Markets account dashboard, the box next to your username ought to be checked. Log in to BlackBull Markets to check if your account has already been validated and to see if you have any pending account verification documents that BlackBull Markets still requires. To withdraw funds from your account, visit the ‘My Wallet’ tab found on the left-hand side of the Secure Client Area. The broker also holds a derivative issuer license that was issued by the Financial Markets Authority.

How does BlackBull Markets make money?

This means that you can trade using micro lots, equivalent to 1,000 units of the base currency, which is the same as trading with a 0.01 lot size. Some of the payment methods may not be available, depending on your country. BlackBull Markets accepts a wide range of methods either to deposit or to withdraw. Unfortunately, BlackBull Markets doesn’t offer a no-deposit bonus for new clients. When you open an account with BlackBull Markets, you can be sure that you will be trading with a regulated broker. You don’t need to deposit anything if you’re just trying the broker and testing a demo account.

Non-trading fees refer to costs traders pay separate from transactions involving buying, selling, and maintaining assets. They are less frequent but are part of the BlackBull Markets fees, and traders should know what they are to avoid confusion. Note that swap rates, which apply to leveraged overnight positions, triple on Wednesday to account for trades kept open over the weekend.