Blackbull Markets Review Updated year : Pros & Cons Revealed

blackbull markets regulation

They are constantly furthering and bettering their brokerage service to the benefit of their clients. If you are still unsure whether they are a suitable option, you could always open a demo account and download the MT4/MT5 platform to see if they meet your expectations. I like the digital payment options as I tend to make deposits and withdrawals to and from my trading account via eWallets.

  • Selling long positions is required in order to close out BlackBull Markets long positions.
  • If you want low spreads and are happy to pay the $6 commission fee per standard lot, then the ECN prime account would be your best option.
  • High-volume traders may negotiate rebates with BlackBull Markets, and I appreciate the flexibility this broker provides in that department.
  • Read our full explanation and accounting of our research and testing process to learn more about how we test.
  • A typical raw spread of only 0.1 pips during the London/New York overlap is very competitive and an excellent offer from BlackBull.

From a security perspective, client deposits remain well-protected, but I cannot ignore the absence of negative balance protection, particularly for leveraged trading accounts. Trading can take many different forms with BlackBull Markets, but they all carry the inherent risk of losing money that was initially invested with BlackBull Markets. The first and most important rule of trading with BlackBull Markets is that you should never trade or invest with money with BlackBull Markets that you cannot afford to lose. That implies that the funds you deposit into your new BlackBull Markets trading account are the discretionary funds you have remaining after paying all of your bills. In a bid to ensure that traders get the most out of their trades, the broker makes available the FIX API tool.

This is a swap-free account designed for Islamic traders who are prohibited from paying or receiving interest. Provided you can prove you are of Islamic faith, you will be able to use this account with any of the Standard, Prime or Institutional accounts. Traders living in Malaysia will automatically be assigned an account that meets sharia law requirements. You can succeed as a broker affiliate by collaborating via BlackBull Markets’ affiliate program, BlackBull Partners. In addition, your work as an affiliate will become much simpler and more profitable due to BlackBull Markets’ stellar reputation as a strictly regulated online broker, especially over the long term.

Does Blackbull Markets offer leverage?

For instance, bank wire transfers may take up to 1 to 3 days to be processed, while some e-wallet payments are instant and allow you to manage your funds in real-time. The broker’s trading academy is available as an “Education” section at the top of the broker’s website. It contains various educational resources, such as learning articles, trading guides, tutorial videos, and a glossary that displays various trading terms and their detailed explanations. This is impressive as many brokers charge exorbitant fees for maintaining inactive accounts. BlackBull only offers spot assets for trade, futures and options are not available. VPS servers are offered free to all clients with an ECN Prime account and a $2,000 deposit.

blackbull markets regulation

Then there is ZuluTrade for anyone who is interested in social trading and copying the trades of others. There is a choice of account funding and withdrawal options to suit each individual, including bank wire, credit/debit card, online payment processors and cryptocurrency. The trading accounts provide deep liquidity from multiple banks with raw interbank spreads limefx forex brokers reviews that start from just 0 pips. This is great if you are using scalping strategies or automated systems that need the lowest spreads possible. MT4 features include real-time market quotes, 85 pre-installed technical indicators, tools for chart analysis, multiple chart timeframes, multiple order types, trading strategy templates, automated trading and more.

Blackbull Markets Alternatives

If you are specifically looking for API trading, then FXPIG might be worth a look. The MT4 WebTrader allows clients to access their MetaTrader 4 account through any operating system (Windows, Linux, Mac). It offers all the benefits of the MT4 desktop trading platform, and it is compatible with modern web browsers like Google Chrome, Mozilla Firefox, and Safari. Traders can use the MT4 WebTrader​ to trade from any device without needing to download additional software and it you will always get access to the latest version. This can get you access to the zero pip spreads if that is something that you are after. Although a commission fee of $6 per round turn on the Prime account is similar to the commission fees of their major competitors, it is not the lowest commission fees that are obtainable in the industry.

The only way to completely remove the risk is to close all BlackBull Markets open positions. In order to close a short position on BlackBull Markets, it is necessary to buy back financial instruments. Selling long positions is required in order to close out BlackBull Markets long positions.

Start trading in less than 5 minutes

The brokers specific opening hours are different across the world due to time zone differences. They have a great selection of forex currency pairs and some major stock indices. At, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research and detailed forex guides, and we monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). I like that BlackBull Markets offers the FIX API, allowing algorithmic traders to connect advanced trading solutions. Free VPS hosting from NYC Servers or BeeksFX is available for ECN Prime accounts with trading volume above 20 lots, which is an offer I find reasonable.

ETFs are investing vehicles available on BlackBull Markets, that cover a wide range of markets, sectors, industries, currencies, and commodities. These ETF funds can be bought and sold quickly on BlackBull Markets or held for an extended period of time, trading similarly to stocks on BlackBull Markets. BlackBull Markets investors are able to buy and sell shares of various companies through the stock market. BlackBull Markets offers access to a network of markets like the stock market where companies can list their shares and other securities for sale and purchase on BlackBull Markets. BlackBull Markets traders can trade US stocks, UK stocks and other international stocks, including trading stocks on BlackBull Markets using CFD leverage.

As a brokerage affiliate, your ability to make money is contingent on your capacity to comprehend regulation and raise awareness of the problems among traders. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey.

The range of services and support they offer make them one of my favourite brokers. They simplify the whole process and are always available to help with anything you need. BlackBull Markets is proud to offer clients the option to Trade directly in TradingView, the world’s leading charting and social trading platform. Whether you trade on desktop or mobile, TradingView’s beautiful charts can supercharge your trading experience. This platform is packed with all of the trading tools that you need to conduct comprehensive market analysis.

However, I did not find there to be as large a selection as there was with ZuluTrade and Myfxbook. Whilst they offer the MT4 platform which has a vast collection of inbuilt tools, BlackBull Markets do not provide many other in-house stand-alone trading tools. Instead, they focus on offering additional services via partnerships with free access available to qualifying BlackBull Markets clients. BlackBull Markets let you trade with the popular and highly acclaimed MetaTrader 4 and MetaTrader 5 trading platforms by MetaQuotes. I love these platforms as they are very easy to use and support automated trading with expert advisors (EAs).

How do I contact BlackBull Markets customer support?

BlackBull is one of the few FMA regulated brokers that provide ECN pricing accounts and also list their average spreads. We compared BlackBull Markets spreads with some other international brokers. The company also offers educational resources and a team of experts to provide support to traders.

Leveraged trading may involve high risk, so it is important to understand the risks when trading with leveraged products. BlackBull by imposing limits for high volumes, traders are encouraging responsible trading when using high trading amounts. Online traders face intense competition, and licensed brokerages have a clear long-term edge. However, building relationships and turning visitors to the affiliate site into active traders requires broker oversight.

Is FP Markets Broker Safe?

It would be great if they could in the future offer a wider selection of assets to trade. The minimum deposit amount required to register a BlackBull Markets Professional live trading account is $500 USD. This minimum deposit amount required for Standard Account registration will depend on the payment system chosen.

Forex currency pairs on BlackBull Markets include major, minor and exotic currency pairs. However, only a select BlackBull Markets currency pairs are considered to be highly liquid on BlackBull Markets. A stop-loss order is an order that is placed with BlackBull Markets to buy or sell a specific financial instrument once the price has reached a certain level on BlackBull Markets. When the price reaches that level, the stop-loss order is executed by BlackBull Markets. According to the financial regulators that monitor BlackBull Markets, the order is intended to put a cap on the amount of money an BlackBull Markets investor can lose on a particular financial position. We do not provide investment advice or solicitation of any kind to buy or sell any investment products.

Founded in 2014, BlackBull Markets are an award-winning online broker based in New Zealand specialising in Forex and CFDs. They are a great choice for those of you who want to trade with institutional grade conditions in a regulated environment. They provide you with an enjoyable trading experience that includes user-friendly trading platforms, tight spreads, low fees, rapid trade execution speeds and excellent customer support.

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