The broker serves clients from key regions, including Europe, Asia, Africa, and Oceania, while complying with regulatory requirements. However, BlackBull does not accept clients from certain restricted jurisdictions, such as the United States, Canada, and a few other regions due to regulatory limitations. With its broad global reach, BlackBull Markets offers its services to a diverse group of traders, ensuring access to a variety of instruments and trading conditions tailored to different markets. BlackBull Markets offers a solid selection of commodities for traders interested in diversifying their portfolios.
- The lower commission fee of the ECN Institutional account is particularly attractive for reducing trading costs, though it’s important to note that this account type may not be accessible to all traders.
- It is licensed by the Financial Markets Authority (FMA) in New Zealand and registered with the Financial Services Provider Register (FSPR), which enhances its credibility.
- The Prime account caters to more advanced traders, providing raw spreads starting from 0.0 pips with a low commission of $6 per lot round turn.
- Separate from their CFD trading, BlackBull Markets has an investment facility giving access to over 26,000 products including shares, options, bonds and ETFs.
With no proprietary mobile app available, BlackBull Markets trails behind industry leaders such as IG and Saxo. Despite that omission, BlackBull continues to launch additional third-party trading platforms that steadily improve its offering, including TradingView. Yes, BlackBull Markets is regulated by multiple authorities, ensuring a safe trading environment for clients. The broker is licensed by the Financial Markets Authority (FMA) in New Zealand and registered with the Financial Services Provider Register (FSPR), which enhances its credibility. Additionally, BlackBull holds a license from the Financial Services Authority (FSA) in Seychelles, offering regulatory coverage for global traders. While BlackBull Markets is regulated, it currently lacks licenses in Tier-1 https://dreamlinetrading.com/ jurisdictions, though its regulatory framework provides a solid level of security for traders.
The broker provides access to key commodities such as gold, silver, crude oil, and natural gas, available for trading as Contracts for Difference (CFDs). This allows traders to speculate on the price movements of these valuable resources without owning the physical asset. With competitive spreads and fast ECN execution, BlackBull ensures that traders can take advantage of price volatility in the commodities market.
Index CFDs
With a wide range of platforms including TradingView, high leverage and a large number of tradable instruments the broker should be on the shortlist for any experienced trader. The BlackBull Markets Metatrader 4 Forex Brokers contains an array of features including real-time market quotes and live charts on financial data. You also get extensive coverage of current breaking financial news and analytics along with management tools, indicators, and expert advisors.
000+ Instruments
BlackBull Markets provides a straightforward account opening process with a focus on compliance and security. In our assessment, they scored 10/15, balancing an easy onboarding experience with thorough identity and residence checks. 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 pricing structure with any of the Standard, Prime, or Institutional account types.
No, there are a few brokers regulated by the Financial Markets Authority (FMA) which is the oversite for financial markets in New Zealand. Operating from their Auckland, New Zealand office, the support team is well-equipped with expert trading knowledge, ready to provide quality answers to client enquiries. BlackBull Markets offers 24/7 customer support via live chat, email, and phone, ensuring clients have continuous access to assistance.
Trading Fees
We encourage readers to conduct their own research and seek professional advice before making any trading decisions. Our Chief Technology Researcher (Ross Collins) tested the 36 most prominent forex brokers’ MetaTrader 4 demo xcritical accounts. By running Expert Advisors (EAs) over 2 x 30 hour periods, we could determine the execution speeds of each forex broker offering MT4. Based on our test, we found Blackbull had the fastest speed of any broker when it came to Limit Order Execution Speed as shown on the graph below.
The commodities selection encompasses precious metals, energy products, and agricultural futures. Cryptocurrency CFDs cover 28 digital assets including Bitcoin, Ethereum, and emerging altcoins. BlackBull Markets offers trading platform demo accounts to allow traders to practice and familiarise themselves with the platforms before trading with real funds. The demo account options include MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView, BlackBull CopyTrader, and BlackBull Shares. BlackBull Markets ensures seamless trading on the move with mobile apps for all its platforms, including MetaTrader 4, MetaTrader 5, and cTrader.
Both in international cricket and trading global markets, the difference between success and failure can come down to milliseconds. This is why Kyle has partnered as a Global Brand Ambassador with BlackBull Markets, ensuring speed is delivered when it counts. Experience BlackBull Markets’ institutional trading conditions combined with cTrader. The MAM (Multi-Account Manager) and PAMM (Percentage Allocation Management Module) accounts are solutions for money managers who need to execute bulk orders from one master account to multiple other accounts. Trading costs at BlackBull Markets are about average for the industry and will vary depending on which of its three account types you choose. The share trading option is ideal for investing directly in companies and potentially benefiting from long-term value appreciation and dividends.
BlackBull also provides a dedicated section for trading strategies, which can be valuable for traders looking to enhance their skills. Although the educational content is informative, it still lacks some of the depth found with top-tier brokers, particularly in areas like interactive courses and quizzes. However, BlackBull is continuously expanding its educational offerings to improve trader knowledge. BlackBull Markets offers competitive fees, particularly through its ECN trading accounts. The broker provides raw ECN spreads, starting as low as 0.0 pips on its Prime account, though commissions apply based on trading volume.
The Virtual Private Server (VPS) hosting service, available free for accounts trading over 20 lots monthly, reduces latency by up to 30%. BlackBull Markets maintains partnerships with third-party providers including Autochartist for automated technical analysis and ZuluTrade for social trading functionalities. The platform processes over 500,000 automated trades monthly through various API connections. BlackBull Markets provides access to six distinct trading platforms, each optimized for specific trading approaches.
FIX API Trading
However, the availability of raw spreads on the Prime account, xcritical website combined with low commission costs, makes it a strong option for traders seeking to minimize overall trading expenses. BlackBull Markets offers a broad range of tradable instruments, making it an attractive option for traders looking for diverse market exposure. The broker provides access to over 26,000 financial instruments, including forex pairs, indices, commodities, stocks, and cryptocurrencies. This extensive offering allows traders to diversify their portfolios across multiple asset classes.
Trade with lightning fast
The MetaTrader 4 and 5 platforms feature 30 technical indicators, 24 analytical objects, and support for automated trading through Expert Advisors. TradingView integration enables advanced charting with 100+ prebuilt indicators and real-time market analysis. The cTrader platform delivers level II pricing data and supports automated strategies through cAlgo. BlackBull CopyTrader allows position replication from selected strategy providers, while BlackBull Shares focuses on direct market access for equity trading.
Mobile trading apps at BlackBull Markets
Myfxbook’s Autotrade feature further allows BlackBull users to connect their accounts and copy proven strategies from top traders. These tools make BlackBull an attractive choice for beginners looking to benefit from expert strategies or traders seeking to diversify their portfolio through social trading options. 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. BlackBull Markets does not heavily focus on bonuses or promotions, particularly due to regulatory constraints that restrict such offerings in many regions.
The platform processes over 12 million trades monthly, maintaining 99.9% uptime across trading servers. BlackBull Markets utilizes advanced risk management systems, including automatic server failover and redundant data centers. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Key to our methodology is the emphasis on platform features, trading costs, and execution speeds.
BlackBull Markets supports MetaTrader 4/5, TradingView, cTrader, BlackBull CopyTrader, and BlackBull Shares platforms. This video walkthrough introduces the five key components of the platform, ensuring you embark on your trading journey with confidence. BlackBull Markets does not accept client applications from Canada and the United States. BlackBull Markets is proud to be a Major Partner of the Starship Foundation supporting the vital work of Starship, New Zealand’s national children’s hospital.
BlackBull Markets offers DXTrade, a proprietary trading platform designed to provide an intuitive and customizable experience for traders. DXTrade caters to both beginner and advanced traders, offering a modern, user-friendly interface alongside a variety of trading tools. The platform supports fast ECN execution, ensuring minimal latency during trades, and provides traders with access to a wide range of assets, including forex, commodities, and indices. DXTrade also allows for flexible customization, enabling traders to tailor their workspace and trading strategies according to their preferences.