BlackBull Markets Review 2026

Name: BlackBull Markets Review 2026
Item: BlackBull Markets
Rating: 4.1
Author: Adam Peters

Our Ratings

4.1

out of 5

Safety & Regulation

3.1

Fees & Costs

4.5

Markets & Products

4.5

Platforms & Execution

5.0

Deposit & Withdrawal

5.0

Trading Tools & Research

3.3

Account Opening

3.9

Customer Service

4.1

Education

3.5

Key Facts

Regulation

FMA, FSA Seychelles

Broker Type

STP, ECN

Min. Deposit

Platforms

TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader

Negative Balance Protection

Varies

Max Leverage

1:500 (FMA), 1:500 (FSA)

Demo Account

Yes

Spreads From

0.8 pips

VISIT BLACKBULL MARKETS Compare all broker reviews

74% of retail FX and CFD accounts lose money.

BlackBull Markets - At a Glance

Company & Overview

Established: 2014
Headquarters: Level 20, 188 Quay Street, Auckland Central, Auckland, New Zealand.
International Offices: New Zealand, United Kingdom, Seychelles
Publicly Traded: No
Broker Type: STP, ECN
Regulation: FMA (New Zealand), FSA Seychelles (Seychelles)
Segregated Client Funds: Yes
Negative Balance Protection: Varies
Not offered. Neither New Zealand nor Seychelles requires it, and BlackBull states you are liable for any shortfall left after your positions are closed.
Banking License: No
Languages: English, French, Spanish, German, Portuguese, Italian, Arabic, Chinese, Korean, Malay, Thai, Vietnamese
Customer Support: Live Chat, Email, Telephone, WhatsApp
Customer Support Hours: 24/5

Account Types

Demo Account: Yes
Swap Free Account: Yes
Joint Account: No
Corporate Account: Yes
Managed Account: Yes
PAMM / MAM Trading: Yes
Social / Copy Trading: Yes

Account Conditions

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, CHF, THB
Maximum Leverage: 1:500 (FMA), 1:500 (FSA)
Bonuses: Yes
Contests: Yes

Trading Conditions

Markets & Products: Forex, CFDs
Currency Pairs: 64+ FX pairs, major, minor and exotic
Minimum Lot Size: 0.01
Maximum Lot Size: 200
Decimal Pricing: 5 decimals
Order Types: Market execution with pending orders: buy limit, sell limit, buy stop and sell stop, plus buy stop limit and sell stop limit on MetaTrader 5. Stop loss, take profit and trailing stop on all platforms. cTrader and TradingView add their own order sets, including execution directly from TradingView charts.
Execution Type: ECN, no dealing desk
Margin Call Level: 100% margin level
Stop Out Level: 50% margin level
Hedging: Yes
Scalping: Yes

Fees & Costs

Spread Type: Variable
Spread From: 0.8 pips (ECN Standard Account), 0.0 pips (ECN Prime Account), 0.0 pips (Prime+ Account),
Commission: ECN Standard Account: No commission, ECN Prime Account: $3.0 per lot per side, Prime+ Account: $3.0 per lot per side,
Overnight / Swap Fees: Yes
Deposit Fee: No
Withdrawal Fee: Yes
USD 5 per withdrawal request. Minimum withdrawal is USD 1, so the fee is proportionally heavy on small amounts. Intermediary bank charges may apply on top.
Currency Conversion Fee: Yes
Account Maintenance Fee: No
Inactivity Fee: No
Custody Fee: No

Platforms & Tools

Trading Platforms: TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader
Mobile App: Yes
API Access: Yes
VPS Hosting: Yes
Automated Trading: Yes

How BlackBull Markets's costs compare

Spread from (major pairs)0.8 pips

Catalogue median: 0.8 pips across 49 brokers · lower is cheaper

Minimum deposit$0 - none

Catalogue median: $10 across 49 brokers · lower is more accessible

The marker is the median of every active broker we rate, computed from the same structured data as the reviews. Headline from-spreads are the broker's advertised best case; your account type and instrument change them.