BlackBull Markets Review
Overall Rating
4.5 / 5
Fees
4.3 / 5
Safety
4.5 / 5
Platforms
4.5 / 5
Education
3.5 / 5
Min. deposit
$0
BlackBull Markets — At a Glance
- Regulation
- FMA (New Zealand), FSA (Seychelles)
- Broker Type
- STP, ECN
- Minimum Deposit
- $0
- Payment Methods
- Bank Transfer, Credit Cards, Debit Cards, Apple Pay, Google Pay, Skrill, Neteller, China UnionPay, AstroPay, FasaPay, AIRTM, HexoPay, Poli, PaymentAsia, Help2Pay, FXPay, Boleto, Beeteller
- Account Currencies
- USD, GBP, EUR, AUD, NZD, CAD, JPY, SGD, ZAR
- Assets Offered
- Forex, CFDs
- Trading Platforms
- TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader
- Demo Account
- Yes
- Maximum Leverage
- 1:500 (FMA), 1:500 (FSA)
- Spread Type
- Variable
- Spread From
- ECN Standard Account: 0.8 pips, ECN Prime Account: 0.0 pips, Prime+ Account: 0.0 pips,
- Commission
- ECN Standard Account: No commission, ECN Prime Account: $3.0 per lot per side, Prime+ Account: $3.0 per lot per side,
- Decimal Pricing
- 5 decimals
- Minimum Lot Size
- 0.01
- Maximum Lot Size
- 200
- Swap Free Account
- Yes
- Managed Account
- Yes
- PAMM / MAM Trading
- Yes
- Joint Account
- No
- Social / Copy Trading
- Yes
- Hedging
- Yes
- Scalping
- Yes
- One Click Trading
- Yes
- OCO Orders
- Yes
- Trailing Stop Loss
- Yes
- API Access
- Yes
- VPS Hosting
- Yes
- Bonuses
- Yes
- Contests
- Yes
- Headquarters
- Level 20, 188 Quay Street, Auckland Central, Auckland, New Zealand.
- International Offices
- New Zealand, United Kingdom, Seychelles
- Languages
- English, French, Spanish, German, Portuguese, Italian, Arabic, Chinese, Korean, Malay, Thai, Vietnamese
- Customer Support
- Live Chat, Email, Telephone, WhatsApp
Pros & Cons
Pros
- +Strong regulatory oversight.
- +Established in 2014 with a strong and proven track record.
- +Segregated client funds.
- +Negative balance protection.
- +Wide range of global market access through CFDs.
- +Fast and simple account setup process.
- +Free demo account available.
- +Islamic swap-free accounts available.
- +No minimum deposit.
- +Multiple fast and secure payment methods.
- +Various account currency options.
- +Multiple account types for different trading styles.
- +Low forex and CFD trading fees.
- +Ultra-low spreads from 0.0 pips on the ECN Prime and Prime+ accounts.
- +No account inactivity fees.
- +Supports TradingView, MetaTrader 4, MetaTrader 5, and cTrader integration.
- +No restrictions on trading strategies.
- +Integrated social, copy, and PAMM trading features.
- +Adequate support for EAs and algorithmic trading.
- +Free VPS available for automated trading.
- +High leverage trading capability (up to 1:500).
- +Strong research tools & market analysis.
- +Solid educational content for beginners.
- +Great customer support service, available 24/7.
Cons
- −Product offering is limited to forex and CFDs.
- −No proprietary mobile trading app.
- −Educational content is limited compared to competitors.