BlackBull Markets, a New Zealand-based forex and CFD broker, provides trading services across 6 different asset classes, from Forex to Crypto. What are the costs of trading on BlackBull Markets broker?
Weāll explore the account types, financial markets, trading platforms, company history, payment methods, customer support, trust scores, and many more in this BlackBull Markets review.
BlackBull Markets (Company Introduction and Regulatory Status)
BlackBull Markets, officially registered as Black Bull Group Limited, is a New Zealand-based financial services provider founded in 2014 by Michael Walker and Selwyn Loekman. Multiple financial authorities regulate the broker, including the New Zealand FMA and the Seychelles FSA.
Interestingly, the companyās domain was registered on 1999-03-31 and is valid till 2026-03-30. According to Who.is, the registration address is ā100 S. Mill Ave, Suite 1600, Tempe, Arizona, USā, with the phone number ā+1 4806242599ā. Key points about BlackBull Markets:
- 26000+ markets;
- CFDs and Options trading;
- 24/7 dedicated customer support;
- Segregated client accounts;
- Tier-1 banking partners.
BlackBull Markets Specifications
The broker offers a comprehensive suite of trading services designed to meet the needs of diverse traders. BlackBull Markets key specifics:
Broker | BlackBull Markets |
Account Types | ECN Standard, ECN Prime, ECN Institutional |
Regulating Authorities | FSA, FMA |
Based Currencies | USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY. ZAR |
Minimum Deposit | $0 |
Deposit Methods | Visa, MasterCard, Bank Wire, Crypto, Neteller, Skrill, Airtm, SEPA |
Withdrawal Methods | Visa, MasterCard, Bank Wire, Crypto, Neteller, Skrill, Airtm, SEPA |
Minimum Order | 0.01 lots |
Maximum Leverage | 1:500 |
Investment Options | Copy Trading, Stock Trading |
Trading Platforms & Apps | MT4, MT5, TradingView, cTrader, BlackBull CopyTrader, BlackBull Invest |
Markets | FX, Crypto, Commodities, Energies, Metals, Indices, Stocks |
Spread | From 0.0 pips |
Commission | ECN Standard $0.0 ECN Prime $6.0 ECN Institutional $4.0 |
Orders Execution | Market, Limit, Stop, Trailing Stop |
Margin Call / Stop Out | 75% / 50% |
Trading Features | API Trading, Copy Trading, Economic Calendar |
Affiliate Program | Yes |
Bonus & Promotions | Referral, IB |
Islamic Account | Yes |
PAMM Account | Yes |
Customer Support Ways | Email, Live Chat, Phone, WhatsApp |
Customer Support Hours | 24/7 |
BlackBull Markets Broker Account Offerings
The company caters to a diverse range of traders with three distinct account types, each designed to meet specific trading needs and preferences.
Features | ECN Standard | ECN Prime | ECN Institutional |
Min Deposit | $0 | $2,000 | $20,000 |
Equinix Server | NY4/LD5 | NY4/LD5 | Customizable |
Min Trade Size | 0.01 lots | 0.01 lots | 0.01 lots |
Leverage | Up to 1:500 | Up to 1:500 | Up to 1:500 |
Swap-Free | Available | Available | Not Available |
BlackBull Markets Account Opening and Verification
Opening an account with the broker is a straightforward process designed to comply with regulatory requirements while ensuring a smooth onboarding experience for new clients.
- Navigate to the brokerās official website at āhttps://blackbull.com/ā;
- Click āJoin Nowā;
- Provide your email address and fill out the āAccount Registrationā form;
- Choose your account setting and provide your residential address;
- Fill in the āFinancial Statusā form;
- Provide proof of identity (passport, driverās license) and proof of address (utility bill, bank statement).
BlackBull Markets Trading Platforms
The next topic we must discuss in this BlackBull Markets review is the trading platform. The broker offers a diverse range of trading solutions to cater to different trading styles and preferences, including:
TradingView
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
BlackBull Invest (Exclusively for Stocks)
The broker also offers a dedicated Copy Trading platform named BlackBull CopyTrader, which enables you to copy the trades of the most successful strategy providers.
BlackBull Markets Fee Structure
Understanding the fee structure is crucial when choosing a broker. BlackBull Markets offers a competitive and transparent fee structure across its account types.
Account Types | Spreads (Pips) | Commissions (Per lot) |
ECN Standard | From 0.8 | $0.0 |
ECN Prime | From 0.1 | $6.0 |
ECN Institutional | From 0.0 | $4.0 |
The company also apply swap rates to leveraged positions held overnight. Currency conversion too will be subject to additional costs. While, deposits are free, withdrawals come with a $5 commission rate.
BlackBull Markets Payment Methods
We must explore the available payment options in this BlackBull Markets review. The company offers various methods for deposit and withdrawals to accommodate traders from various regions and with different preferences.
Method | Min Deposit | Max Deposit | Min Withdrawal | Max Withdrawal | Currencies |
Visa | $50 | $50,000 | $10 | Initially deposited amount | Multi-currencies |
MasterCard | $50 | $50,000 | $10 | Initially deposited amount | Multi-currencies |
Bank Wire | $1 | N/A | $10 | N/A | Multi-currencies |
Crypto | $25 | $50,000 | $25 | N/A | BTC, ETH, USDT, USDC, XRP, LTC, LINK, BCH, XLM |
Neteller | $50 | $50,000 | $50 | N/A | Multi-currencies |
Skrill | $50 | $50,000 | $50 | $50,000 | Multi-currencies |
Airtm | $1 | $10,000 | $10 | $10,000 | Multi-currencies |
SEPA | $1 | N/A | $10 | N/A | EUR, GBP |
Copy Trading and Growth Plans on BlackBull Markets Broker
The company offers innovative solutions for short-term traders and long-term investors through its proprietary platforms: BlackBull CopyTrader and BlackBull Invest.
BlackBull CopyTrader
- Award-winning copy-trading platform;
- Allows traders to replicate strategies of elite fund managers;
- Transparent performance metrics of signal providers;
- Flexible risk management controls;
- No minimum deposit requirements to start copy-trading;
- Real-time tracking of copied trades;
- Option to customize allocation and risk parameters.
BlackBull Invest
- Long-term investment platform to buy stocks;
- Advanced analysis tools and real-time market data;
- Competitive commission rates;
- Ability to set price alerts;
- Easy portfolio management interface;
- Access to global markets;
- 70+ order types;
- Extended trading hours;
- 66+ third-party data feed providers.
BlackBull Markets Bonus and Promotions
One of the most attractive topics in any BlackBull Markets review is promotion. the broker offers several attractive bonus and promotional programs to both new and existing clients, as well as partnership opportunities for marketers and industry professionals.
- 100% Deposit Bonus: Up to $1,000 bonus on first deposit only available for new clients from Thailand;
- Affiliates Program: A multi-structure partnership program for social influencers, marketing affiliates, and IBs, with no minimum deposit requirements.
How to Reach BlackBull Markets Broker Customer Support
The broker provides 24/7 multilingual support through various channels. In addition, it offers a comprehensive FAQ section to answer most of the clientsā questions via tutorial articles and videos.
support@blackbull.com | |
Phone | +64 9 558 5142 |
Live Chat | Accessible on the brokerās official website |
BlackBull Markets Trust Scores
User satisfaction may be the most important topic in this BlackBull Markets review. The broker has an outstanding performance in regard of trust scores from reputable websites.
TrustPilot | 4.7 out of 5 based on 700 reviews |
Forex Peace Army | 4 out of 5 based on 100 comments |
4.5 out of 5 based on 2,400 ratings |
Conclusion and Final Words
BlackBull Markets offers CFDs, Options, and Futures across 26,000+ financial markets, including FX, Crypto, Commodities, Energies, Metals, Indices, and Stocks with tight spreads from 0.0 pips.
BlackBull Markets broker provides these services via some of the best trading platforms in the market, including MT4, MT5, TradingView, and cTrader. Share your thoughts about the BlackBull Markets review in the comments.
