BlackBullMarkets Review

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■ Foundation: BlackBullMarkets was founded in 2014

■ Headquarters: BlackBullMarkets is domiciled in Auckland, New Zealand

■ US Residents: BlackBullMarkets forbids US traders –NO-

■ Swap-Free Accounts: -YES-

■ Regulated: BlackBullMarkets is registered with the Financial Services Provider Registry (FSPR-FSP403326 -New Zealand)

■ Client Bank Account Segregation: -YES-

■ Website Languages: English, Spanish, German, Chinese, and other Asian Languages

■ Customer Support: 24/5 via Phone, Skype, LiveChat, and email

REVIEW SUMMARY

■ Broker Type: NDD (ECN/STP)

■ Trading: Forex Currencies, Metals, Energies, Equities, and Cryptocurrencies

■ Platforms: MT4, MT4 WebTrader, Mobile Apps for iOS and Android

■ Trading Time Zone: GMT+3 in March, and GMT+2 in November

■ Demo Account: -YES-

■ Typical Spread on EUR/USD: 0.5 pip, plus $6/lot commissions (prime account)

■ Leverage: The maximum trading leverage is 30:1 for all account types

■ Crypto-Trading Leverage: max leverage for trading crypto is 5:1

■ Scalping/Auto-Trading: Scalping and Automated trading are fully allowed

■ Minimum Account: $200 (Standard Account), and $2,000 (Prime Account)

■ Fund methods: Bank Wire, Credit/Debit Card, Skrill, FasaPay, Neteller, and UnionPay

 

💱 TRADING ASSETS

BLACKBULLMARKETS offers the following assets (CLICK THE FOLLOWING SLIDER TO REVEAL):

■ 27 Forex Pairs

AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, CAD/CHF, CAD/JPY, CHF/JPY, EUR/AUD, EUR/CAD, EUR/CHF, EUR/GBP, EUR/JPY, EUR/NZD, EUR/SEK, GBP/AUD, GBP/CAD, GBP/CHF, GBP/JPY, GBP/NZD, NZD/CAD

■ Metals

Gold and Silver on US Dollar: XAG/USD and XAU/USD

■ Energies

US Light Crude Oil and Natural Gas

■ 5 Cryptocurrency Pairs

Bitcoin (BTCUSD, Ethereum (ETH/USD), Litecoin (LTC/USD), and Dashcoin (DSH/USD)

■ Equities

American, European, and Asian indices

 

LIQUIDITY & TRADING SPREADS

 

Liquidity from multiple top-tier international banks: Goldman Sachs, Credit Suisse, JP Morgan, Merrill Lynch, RBS, SMBC, Commerzbank, Bank of America, BNP Paribas

 

■ BLACKBULLMARKETS offer a minimum EURUSD spread of 0.1 pip, plus $6 per round lot trading commissions (Prime Account)

■ BLACKBULLMARKETS offer a minimum USDJPY spread of 0.3 pip, plus $6 per round lot trading commissions (Prime Account)

■ BLACKBULLMARKETS offer a minimum GBPUSD spread of 0.3 pip, plus $6 per round lot trading commissions (Prime Account)

(*) The tested account type is the BLACKBULLMARKETS PRIME ACCOUNT (minimum deposit is $2,000)

 

TRADING PLATFORMS & MOBILE

■ MetaTrader-4

■ Web MetaTrader-4

■ Mobile Traders for iOs and Android

Key Features

-3 Equinix Serves, NY4, LD4, TY3, dedicated to operations, back-up and failsafe

-BlackBullMarkets welcomes scalpers and algorithmic traders

 

NEW ACCOUNT INFORMATION

BLACKBULLMARKETS Minimum Account: The minimum required deposit amount to open an account with BLACKBULLMARKETS is 200 USD (standard account)

	BLACKBULLMARKETS ACCOUNTS
Minimum Deposit	$200 USD (Cent) to $2,000 (Prime Account) and to $20,000 (Institutional Account)
Account Currencies	USD | EUR | GBP | JPY | CAD | AUD | NZD
Minimum Trade Size	0.01 (All account types)
Promotions	Free VPS for Prime Accounts maintaining a balance above $2,000
Max Trading Leverage (Forex)	30:1

BLACKBULLMARKETS Deposit/Withdrawal Methods:

■ Bank Wire, Credit/Debit Card, Neteller, Skrill, UnionPay, and FasaPay

Deposit and withdrawal information

• Minimum withdrawal amount through Credit Card $10.00

• Minimum withdrawal amount through Wire Transfer is $100.00

• If you are using a Credit Card, Skrill, or Neteller, you can only withdraw up to the amount you have deposited. Any profits must be sent via bank wire

• Bank Wire transfers need 3-5 days for the funds to arrive in your account

• Withdrawing via Bank Wire $20.00

BLACKBULLMARKETS CORPORATE INFORMATION

■ THE COMPANY

Black Bull Group Limited, Albert Street, Auckland 1010, New Zealand

-New Zealand registered and incorporated company (company number: 5463921)

-Financial Services Provider Register (number: FSP403326)

-Payment clearing services provided by BlackBull Group UK Limited (Company Number – 9556804)

■ BLACKBULLMARKETS SUPPORT PHONE NUMBER: NZ (+64) 9 558 5142

■ BLACKBULLMARKETS eMails: This email address is being protected from spambots. You need JavaScript enabled to view it.

■ SEGREGATION OF FUNDS: All funds are kept in segregated bank accounts

 

⚖️ BLACKBULLMARKETS REVIEW PROS AND CONS (According to competition)

REVIEW PROS & CONS
Review PROS (√)	Review CONS (X)
√ NDD broker offering 3 account types, including ECN √ Tight trading spreads in all account types √ 3 Equinix Serves, NY4, LD4, TY3, dedicated to operations, back-up and failsafe √ Free VPS (under a policy) √ Social Trading and MAM accounts √ Scalping and Automated Trading allowance √ Cryptocurrency trading √ Institutional Trading (negotiable terms)	X Profits must always be sent only via bank wire

 

🏁 BlackBullMarkets Review Conclusions

BlackBullMarkets is an NDD broker offering Forex and CFD trading services to both retail and institutional clients. Founded in 2014, the company is based in New Zealand and is registered with the Financial Services Provider Registry (FSPR-FSP403326). Client funds are kept in segregated accounts with top-tier banks.

BlackBullMarkets provides ECN/STP execution and liquidity sourced from multiple top-tier international banks. Clients can choose from three account types with different trading conditions: Standard, Prime, and Institutional. The minimum deposit is $200 for the Standard Account and $2,000 for the Prime Account. Several funding methods are available, but profits must always be withdrawn via bank wire. The broker offers tight spreads, leverage up to 30:1, and access to a broad range of assets, including 27 Forex pairs, 5 cryptocurrencies, indices, metals, and energies.

The broker supports the classic MetaTrader 4 platform, available in desktop and web versions, along with mobile apps for iOS and Android. There are no welcome bonuses or promotional offers, but a free VPS is available for Prime Accounts and balances above $2,000. Automated trading and scalping are fully allowed, and MAM accounts are also supported. Overall, BlackBullMarkets provides a solid offering for the average retail trader.

🔗 Website: » https://blackbull.com

 

 

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