FinTech

BlackBull Markets Verified Reviews from Actual Traders

We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. BlackBull Market is a legit broker regulated in New Zealand, the UK, and Seychelles with an exceptional regulatory track record. All client deposits remain segregated from corporate funds, and the custodian bank is the ANZ Bank. BlackBull Markets is also a member of the New Zealand Financial Services Complaints Limited (FSCL) dispute resolution scheme. Steven Hatzakis is the Global Director of Research for ForexBrokers.com.

  1. The broker extends its global reach with offshore licensing in Seychelles and offers a diverse array of over 26,000 CFDs across various asset classes, including forex, shares, and crypto.
  2. I personally prefer it when a broker gives you the same trading account options, regardless of your deposit amount.
  3. BlackBull Markets is here to make trading easy and awesome for regular investors.
  4. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.
  5. I like the digital payment options as I tend to make deposits and withdrawals to and from my trading account via eWallets.

For instance, New Zealanders aren’t offered cryptocurrency as a payment method, yet the only country able to use POLi. No minimum deposit is required to open an ECN Standard Account, while a $2,000 deposit is needed to open an ECN Prime Account and $20,000 for an ECN Institutional Account. BlackBull Markets achieves rapid order execution through globally distributed servers, including https://xcritical.online/ the NY4 Equinix data centre in New York and others in London, Japan, Hong Kong, and Shanghai. The share trading option is ideal for those looking to invest directly in companies and potentially benefit from long-term value appreciation and dividends. Separate from their CFD trading, BlackBull Markets also provides a share trading facility allowing direct investment in company shares.

However, I think most traders will be more than happy with the services provided. Liquidity comes from multiple top tier international banks such as Goldman Sachs, Credit Suisse, JP Morgan, Merrill Lynch, RBS, SMBC, Commerzbank, Bank of America and BNP Paribas. The greater the range of liquidity providers, the better market prices a broker can offer you. Other brokers with on par liquidity worth considering include XM Group. BlackBull Markets are a true Electronic Communication Network (ECN) broker with Straight Through Processing (STP) and No-Dealing Desk (NDD). This means that there is no conflict of interest between us traders and the broker.

How does BlackBull Markets make money?

To verify the availability of any features or markets within your country of residence, please contact the broker directly. To learn more about country-specific regulations and restrictions (and to discover our data-based picks for the best brokers by country), check xcritical website out our country guides. Yes; in case you were wondering, 78% of the brokers reviewed on BrokerNotes.co offer copy trading. To learn more about social copy trading (and to see our picks for the best forex brokers for copy trading), check out our guide to copy trading.

Fast response – deposit issues

They have everything that you would need for following the markets, placing and managing trades. Overall, I found the trading experience with BlackBull Markets to be enjoyable and stress free. Traders have access to customer support 24/7 via live chat, which I find the most convenient form to connect. A phone number, including a toll-free for New Zealand, and nine e-mail addresses are also listed, one with support in Chinese. I appreciate the transparency at BlackBull Markets, as fully detailed contact information is provided.

Your funds are held securely in segregated accounts for quick processing and to ensure that they are not used for any other purpose, thus giving you peace of mind. They use ANZ Bank as their banking partner who are one of the leading banks in the Australasia region and also have a global presence. Beginner traders get fifteen videos, and numerous short Trading Guides, offering an in-depth introduction to trading. While I prefer more content, BlackBull Markets presents enough information for beginners.

Trading Platforms

Because Myfxbook is a BlackBull Markets affiliate, the MetaTrader 4 trading platform is fully linked with the Myfxbook system. This makes it easy for you to hook up the platform and follow other traders. BlackBull Markets clients can qualify for a free VPS is they have a prime account, minimum $2,000 deposit and maintain 20 lots of trading volume per month. I have a VPS that I use myself to run my automated strategies in the MT4 platform. It saves me needing MT4 always open on my laptop and only costs me around $30 per month.

Customer Service

They maintain the core functionalities of their desktop counterparts, such as advanced charting, analytical tools, social networking, and copy trading. BlackBull Markets offers a diverse range of trading platforms to suit various trading styles and preferences, including MetaTrader 4, MetaTrader 5, cTrader, TradingView, BlackBull CopyTrader, and BlackBull Shares. Check out our visual breakdown below to get an idea of how BlackBull Markets’s status as a Average Risk broker compares to the average Trust Score label in our database of 60+ forex brokers. Founded in 2014, BlackBull Markets are an award-winning online broker based in New Zealand who offer institutional grade trading conditions on user-friendly platforms, specialising in Forex and CFDs. The prime account requires a minimum deposit of $2,000 and runs on the Equinix NY4/LD4/TY3 servers.

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