All Share (J203) = 89 984
Rand / Dollar = 18.20
Rand / Pound = 23.58
Rand / Euro = 19.73
Gold (usd/oz) = 3 031.82
Platinum (usd/oz) = 994.40
Brent (usd/barrel) = 70.95
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

BlackBull Markets Minimum Deposit

Blackbull Markets Minimum Deposit Review
 

The BlackBull Markets minimum deposit amount to open a real trading account is $50, which is equivalent to R800 ZAR at the time of writing.  The Minimum Deposit for 1st-time traders might vary based on the trading account type selected. Deposit activation can be up to 72 hours.

 

🔍 Account ECN Standard AccountECN Prime Account ECN Institutional Account
💵 Minimum Deposit (USD/$)US$200US$2,000US$20,000
💳 Minimum Deposit (ZAR/R)R3 200 ZAR R32 000 ZARR320 000 ZAR
📒 Open an Account👉 Click Here 👈👉 Click Here 👈👉 Click Here 👈

Min Deposit

USD 0

Regulators

FMA, FSA

Trading Platform

MT4, MT5, WebTrader, FIX, API

Crypto

Yes

Total Pairs

64+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

BlackBull Markets Minimum Deposit Revealed – 7 Key Point Overview

  1. ✅ Blackbull Markets at a glance
  2. ✅ BlackBull Markets Minimum Deposit Pros and Cons
  3. ✅ BlackBull Markets Minimum Deposit
  4. BlackBull Markets Deposit fees and deposit methods
  5. A step-by-step guide to depositing the BlackBull Markets minimum amount
  6. Conclusion
  7. Frequently Asked Questions

 

Here is our overview of the Blackbull Markets Minimum deposit as well as the pros and cons as well as features that are offered to traders.

 

BlackBull Markets at a glance

 

Broker's NameBlackBull Markets
📍 HeadquarteredAuckland, New Zealand
📅 Year Founded2014
⚖️ Regulating AuthoritiesFMA, FSA
📃 License numberFSP403326
🌐 Countries not accepted for tradeAfghanistan, Belarus, Burundi, Canada, Central African Republic, Cuba, Democratic Republic of the Congo, Gaza Strip, Guinea Bissau, Haiti, Iran, Iraq, Lebanon, Libya, Mali, Myanmar, Nicaragua, North Korea, Pakistan, Panama, The Philippines, Russia, Somalia, South Sudan, Spain, Sudan, Syria, Ukraine, United States, Venezuela, West Bank, Yemen, and Zimbabwe
📒 Account TypesECN Standard
ECN Prime
ECN Institutional
☪️ Islamic account (swap-free)Yes
👍 Demo AccountYes
💰 Sign up bonus None
📊 Institutional AccountsYes
📊 TradingView integrationYes
📊 Share trading of underlying assetYes
📊 Managed AccountsYes
📈 Maximum Leverage1:500
💰 Minimum Deposit50 USD/R800 ZAR
💳 Deposit OptionsBank Wire, VISA, MasterCard, FasaPay, Neteller, Skrill, UnionPay
💳 Withdrawal OptionsBank Wire, VISA, MasterCard, FasaPay, Neteller, Skrill, UnionPay
💻 Platform TypesMT4, MT5, WebTrader, FIX, API
📈 Tradable assets offered23 000 tradable assets
📱 OS CompatibilityWeb, Desktop, Android, iOS (Apple)
👨‍💼 Languages supported on WebsiteEnglish, German, French, Chinese
👥 Customer Support LanguagesEnglish
📆 Customer Service Hours24 hours per day, six days a week
📌Open an account👉 Click Here 👈

 

BlackBull Markets Minimum Deposit Pros and Cons

 

✔️ Pros❌ Cons
Regulated by FMA and FSANot remarkably diverse asset range
ECN-style account options
Islamic account options available
No hidden fees
Variety of account funding methods available

 

BlackBull Markets Minimum Deposit

BlackBull Markets Minimum Deposit

🔍 Accounts: ECN
Standard
ECN
Prime
ECN
Institutional
💳 Minimum Deposit:US$50/R800 ZAR
US$2,000/R32 000 ZARUS$20,000/R320 000 ZAR
💰 Spreads:0.80.20.0
📊 Leverage up to:1:5001:5001:500
💰 Commission:No commissionUS$6.00 per lotNegotiable
📌Open an account👉 Click Here 👈👉 Click Here 👈👉 Click Here 👈

 

Blackbull Markets’ authorization as a broker and its regulatory authorities may require that client funds must be kept in segregated accounts, separate from the broker account, and that such funds could only be used by traders to conduct their trading activities.

 

BlackBull Markets Deposit fees and deposit methods

 

Compared to other brokers, the minimum deposit amount that Blackbull Markets require when traders register a live account is not too high. Blackbull Markets offers traders deposit methods that can be used when funding accounts. Withdrawals usually must be returned by the same method used to deposit and to the same bank account.

 

Blackbull Markets accepts the following payment methods:

💳 Bank Wire

💳 VISA

💳 MasterCard

💳 FasaPay

💳 Neteller

💳 Skrill

💳 UnionPay

💳 PayPal

 

Blackbull Markets does not levy additional fees, but third-party charges may be applicable. Processing times for deposits are promised to be fast – within 24 hours. USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY, and ZAR are accepted as Deposit currencies. Traders must ensure that they verify whether their financial institution charges its own fees.

 

A step-by-step guide to depositing the BlackBull Markets minimum amount

 

 Step 1 – Traders can fund their accounts by sending the funds to one of the Blackbull Markets segregated client accounts from their own bank account or execute the option to deposit the minimum amount from their personal area after a live trading account was registered and had been approved.

 

Step 2 – Traders then log into their personal area, select the option for deposits, and follow the instructions to make a deposit into their trading account. Traders must make sure that they select the correct deposit currency if there is a choice available.

 

Step 3 – Funds must be transferred in the same currency as the bank account to which they are sending them to, preventing currency conversion fees from being charged.

 

Min Deposit

USD 0

Regulators

FMA, FSA

Trading Platform

MT4, MT5, WebTrader, FIX, API

Crypto

Yes

Total Pairs

64+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

You might also like: Blackbull Markets Review

You might also like: Blackbull Markets Account Types Overview

You might also like: Blackbull Markets Demo Account – Step by Step

You might also like: Blackbull Markets Fees and Spreads

You might also like: Blackbull Markets Islamic Account Overview

You might also like: Blackbull Markets Sign up Bonus

 

Conclusion

 

BlackBull Markets fees are reasonably standard while trading conditions are very good. The range of assets offered is not highly diverse, making BlackBull Markets more suitable for traders happy to focus on Forex, the major metals, energies, and major stock indices only.

 

Frequently Asked Questions

 

Do Blackbull Markets have a minimum deposit?

Yes, Find out more about the Blackbull Markets minimum deposit here

 

What is the minimum deposit required to open an account with Blackbull Markets?

$50, which is equivalent to R800 ZAR at the time of writing

 

How do you make a deposit and withdraw money with Blackbull Markets?

 

Blackbull Markets offers the following deposit and withdrawal methods:

  • Bank Wire
  • VISA
  • MasterCard
  • FasaPay
  • Neteller
  • Skrill
  • UnionPay
  • PayPal

 

The same method that was used to fund an account must normally be used to withdraw money. Also, monies will usually only be refunded to accounts in the same name as the trading account.

 

Does Blackbull Markets charge withdrawal fees?

No.

 

How long does it take to make a withdrawal?

Once a bank transfer withdrawal has been approved and processed, it may take three to five days more for the money to arrive in your account.

 

4.4/5 - (23 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

June 20, 2022

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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