Blackbull Markets is a highly regulated and trusted multi-asset Forex Broker with a global reach. It offers an institutional trading experience for traders of all skill levels and has a high trust score of 87 out of 100.
🛡️Not Regulated by the FSCA.
🛡️1423 new traders chose this broker in the last 90 days.
🛡️Accepts South African Traders.
At a Glance
| Company Information | |
| 📅Year Founded | 2014 |
| 🧑🏻💻Amount of staff | 88 + |
| 👩💻Amount of active traders | 190 000+ |
| 🌐Publicly Traded (Listed Company) | No |
| Regulation and Security | |
| 🛡️Regulation | FMA (New Zealand), FSA (Seychelles) |
| 🌎Country of regulation | New Zealand, Seychelles |
| 💻Account Segregation | Yes |
| 🪫Negative balance protection | Yes |
| 🔋Investor Protection Schemes | Yes |
| Account Types and Features | |
| ➕Accounts | Standard, Prime, Institutional |
| 💳Institutional Accounts | Yes |
| 👨💼Managed Accounts | No |
| 📇Minor account currencies | USD, EUR, GBP, JPY, NZD, AUD |
| 💰Minimum Deposit | $200 for Standard Account |
| Trading Conditions | |
| 🕞Deposit/withdrawal processing | Within 1-3 business days |
| 🪙Fund Withdrawal Fee | No fees for most methods |
| 📊Spreads from | From 0.0 pips (Prime Account) |
| 💸Commissions | From $3 per lot (Prime Account) |
| 💱Number of base currencies | 6 |
| 🚀Swap Fees | Yes, for non-swap-free accounts |
| 📈Leverage | Up to 1:500 |
| 📏Margin requirements | 75% |
| ☪️Islamic account (swap-free) | Yes |
| 💻Demo Account | Yes |
| ⌛Order Execution Time | Average < 200ms |
| 📆VPS Hosting | Yes, available for certain account types |
| Trading Instruments | |
| 🧾CFDs-Total Offered | 200+ |
| 🗠CFD Stock Indices | 14 |
| ⚖️CFD Commodities | 8 |
| 📜CFD Shares | 100+ |
| Deposits and Withdrawals | |
| 💳Deposit Options | Bank Transfer, Credit Card, Skrill, Neteller, Crypto |
| 💵Withdrawal Options | Bank Transfer, Credit Card, Skrill, Neteller, Crypto |
| Trading Platforms/Tools | |
| 💻Trading Platforms | MetaTrader 4, MetaTrader 5 |
| 👩💻OS Compatibility | Windows, macOS, Android, iOS |
| 🖥️Forex trading tools | MT4/MT5 tools, Economic Calendar, VPS |
| Customer Support | |
| 🗣️Live chat availability | Yes |
| 📱Customer Support email | support@blackbullmarkets.com |
| 📞Customer Support Contact Number | +64 9-558 5142 |
| 👾Social media Platforms | Facebook, LinkedIn, Twitter |
| 🗣️Languages supported | English, Chinese, Spanish |
| Educational Resources and Support | |
| 🖺Forex course | Yes |
| 🧏♀️Webinars | Yes |
| 📚Educational Resources | Yes, blogs, articles, videos |
| Partnerships and Programs | |
| 🪪Affiliate program? | Yes |
| 👨🏫Amount of partners | 150+ |
| 📋IB Program | Yes |
| 🚀Sponsorship | Yes |
| 🪙Rebate program. | Yes |
| 👉 Open Account | 👉 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 Review – Analysis of Brokers’ Main Features
- ☑️ Spider Chart
- ☑️ Overview
- ☑️ Detailed Summary
- ☑️ Advantages Over Competitors
- ☑️ Safety and Security
- ☑️ Affiliate Program and Partnership Options
- ☑️ Minimum Deposit
- ☑️ Accounts Types
- ☑️ How to Open a BlackBull Markets Account
- ☑️ Demo Account
- ☑️ Trading Platforms
- ☑️ Range of Markets
- ☑️ Fees, Spreads, and Commissions
- ☑️ Deposit Options and Withdrawal Methods
- ☑️ Education and Research
- ☑️ Customer Support
- ☑️ Customer Reviews
- ☑️ Pros and Cons
- ☑️ In Conclusion
- ☑️ Our Findings
- ☑️ Frequently Asked Questions
Spider Chart
Overview
BlackBull Markets is a Globally recognized multi-asset Broker that prides itself on providing an institutional trading experience to traders of all skill levels. Broker Benefits include access to hundreds of markets, innovative technology, and exceptional customer support.
Moreover, BlackBull Markets has over 10 Years of experience in the Financial Markets and provides its services in over 180 Countries worldwide.
Advantages Over Competitors
When compared, Blackbull Markets is the best in class with no minimum deposit requirement, multiple account options, and the segregation of client funds.
BlackBull Markets vs. eToro vs. IG
Safety and Security
BlackBull Markets is a New Zealand registered and incorporated company registered with the Financial Services Provider Registry, and the FMA and FSA regulate it. Additional safety measures include:
- Tier-1 New Zealand-based banking Partners
- Segregated Accounts
- Two-factor authentication (2FA)
Moreover, BlackBull Markets maintains a strict Anti-Money Laundering (AML) and counterfinancing of Terrorism (CFT) policy.
Affiliate Program and Partnership Options
BlackBull Markets offers several Affiliate and Partnership Options. The selection available includes:
- Affiliate Options (Forex, Crypto, Blogger, etc.)
- Introducing Broker
- Influencers
Affiliates
The Affiliate Option is best suited for online marketers with their own industry-related website, blog, forum, or advertising portfolio to generate paid or organic traffic. Partner Types include:
- Forex Affiliates
- Crypto Affiliates
- Blogger Affiliates
- Share Trading Affiliates
In addition, options are available for News/Information Sites, Comparison Review Sites, and Demo Competition Hosts.
Introducing Brokers
The IB or Introducing Broker option is suited to Forex content websites, forums, or groups. Key Features of the IB Program include:
- Impressive Rebates
- Access to a Personal IB Account Manager
- Client Onboarding And Commission Tracking Through via the Blackbull Portal
- Integration with Tradingview, Metatrader 4, Metatrader 5, Webtrader, and Mobile Trading Platforms
- Commissions are Paid Into A Trading Account
- 24/7 Multilingual Customer Support
- Advanced Cookie Tracking And Web Reporting
Moreover, No limit is set on the number of accounts referred or trading volumes.
Influencers
The BlackBull Markets Influencer option is excellent for content creators, streamers, community managers, and social influencers. Partnership types include:
The Influencers option offers a tailor-made Remuneration Setup And Personalised Plans.
Minimum Deposit
Blackbull Markets offers access to 3 Live Trading Accounts, each with its Minimum deposit requirement.
| 🔎 Account Type | 🥇 ECN Standard | 🥈 ECN Prime | 🥉 ECN Institutional |
| 💴 Minimum Deposit | None | 2000 USD | 20'000 USD |
| 🚀Open an Account | 👉 Click Here | 👉 Click Here | 👉 Click Here |
Accounts Types
BlackBull Markets offers access to 3 Live Trading ECN Account Types, including:
- ECN Standard: Best Suited to Beginners and Casual Traders
- ECN Prime: Ideal for Experienced Traders
- ECN Institutional: Best Suited to High-Volume Traders
Moreover, an Islamic Swap-Free Option is offered on the Standard and Prime Accounts.
| 🔎 Account Type | 🥇 ECN Standard | 🥈 ECN Prime | 🥉 ECN Institutional |
| 🤝 Suited to | Beginners | Experienced Traders | High-Volume Traders |
| 📊 Spreads from | 0.8 Pips | 0.1 Pips | 0.0 Pips |
| 💴 Commission | None | 6 USD per lot | 4 USD per Lot |
| 💶 Minimum Deposit | None | 2'000 USD | 20'000 USD |
| 📌 Equinix Server | NY4/LD5 | NY4/LD5 | Custom Options |
| 📈 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 Option | ✅Yes | ✅Yes | None |
| 🚀Open an Account | 👉 Click Here | 👉 Click Here | 👉 Click Here |
How to Open a BlackBull Markets Account
To open a New Trading account, the following steps can be followed:
Step 1: Navigate to the Broker Website and Click on the Green “Join Now” button in the Blue banner at the top of the website.
Step 2: Enter a Valid Email Address or select to Join via Google, Apple, or Facebook. Next, Click on the Join Now Button.
Step 3: Complete the Online Registration Form. Required fields include Application Tupe, Country of Residence, and a Newly Created Password. Agree to the Policies and select Register.
Once the steps mentioned above have been completed, the Trader will be required to:
- Choose a base currency for their trading account.
- Choose the best-suited account type.
- Comply with Know Your Customer (KYC) rules by submitting the required paperwork.
The BlackBull Markets staff will review each application and its accompanying materials. If the application has been accepted, a confirmation email with Unique Login details will be received within 24 hours.
Demo Account
Blackbull Markets does offer access to a Virtually funded Demo Account that offers access to practice trading with real market conditions.
Trading Platforms
BlackBull Markets offers access to several renowned and trusted trading platforms, including:
- TradingView
- MetaTrader 4
- MetaTrader 5
- cTrader
- BlackBull CopyTrader
- BlackBull Invest
TradingView
TradingView offers access to Best-in-Class Charting Tools via Essential, Plus, or Premium Options. The platform includes 25 indicators per chart, 8 chart layouts, and 400 price and technical alerts.
MetaTrader 4
MetaTrader 4 is amongst the most popular trading platforms. MT4 offers access to a robust suite of technical analysis tools, fundamental data feeds, and Expert Advisors (EA) integrations.
MetaTrader 5
MetaTrader 5 is a leading Trading Platform available on all platforms, including desktop and web. It offers access to powerful technical analysis tools, fundamental data feeds, and Expert Advisor (EA) integrations.
cTrader
cTrader is a popular, intuitive, and easy-to-use trading platform with no minimum deposit required. Notable features include algo trading, copy trading, and several built-in widgets from reputable sources.
BlackBull CopyTrader
The Proprietary Award-Winning Copy trading platform from BlackBull Markets offers access to elite fund managers and advanced risk management control.
Blackbull Invest
Blackbull Invest is a platform specifically designed to Buy and sell stocks. It offers access to 26,000+ Shares, Options, ETFs, Bonds, and other underlying assets.
Range of Markets
A wide range of markets is available for trade, including Forex, Equities, Commodities, Futures, Indices, and Crypto. Notable trading Instruments and Products include:
- 26,000+ share CFDs
- Key global indexes include the S&P 500, Dow Jones, and NASDAQ.
- CFDs on precious metals like gold and silver.
In addition, a Diverse selection of Forex Currency Pairings, including major, minor, and exotic pairs, are available.
Asset Classes
| 📜 CFD Type | ⚖️ Example Instrument | 📊 Tight Spreads | ♒ Average Spreads | 〰️ Wide Spreads |
| CFDs - Forex | EUR/USD | 0.1 pips | 1.2 pips | 2.5 pips |
| CFDs - Indices | S&P 500 | 0.5 points | 1.5 points | 3.0 points |
| CFDs - Stocks | Apple Inc. | 0.02 USD per share | 0.05 USD per share | 0.10 USD per share |
| CFDs - Commodities | Gold (XAU/USD) | 0.1 points | 0.3 points | 0.7 points |
| CFDs - Cryptos | Bitcoin (BTC/USD) | 0.0001 BTC | 0.0005 BTC | 0.0010 BTC |
Fees, Spreads, and Commissions
BlackBull Markets offers notably competitive spreads on its Prime Account. Spreads start from 0.1 Pips on the EUR/USD currency Pair. It should be noted that spreads will fluctuate depending on the Instrument traded, the Account Type chosen, and the Market Circumstances.
Additional Trading and non-trading Fees include:
- Commission Fees
- Overnight Fees
- Deposit and Withdrawal Fees
- Inactivity Fees
In addition, if the account base currency differs from the denomination traded, a currency conversion fee will apply.
Commission Fees
Commission Fees starting from $6 per standard lot traded apply to the Prime and Intuitional Account Options. The fee will be levied for each lot exchanged, and the amount will vary depending on the item traded.
Overnight Fees
A leverage position held overnight may incur an overnight fee. Traders can calculate the estimated cost on the broker’s website.
Deposit and Withdrawal Fees
Blackbull Markets does not impose a deposit fee. However, a third-party provider may. In addition, a Withdrawal fee of up to 5 USD or the currency equivalent may be charged depending on the method and currency used.
Deposit Options and Withdrawal Methods
BlackBull Markets supports many Deposit Options and Withdrawal Methods, including Debit Cards, Credit Cards, Poli, Neteller, and FasaPay. The options available will depend on the Trader’s country of residence.
Education and Research
An impressive range of educational resources are on offer, including:
- A Quick Start Option
- An Educational Hub
- Forex, Shares, and Commodity Tutorials
- Webinars
Moreover, a Demo Account is available.
Customer Support
Several dedicated Support Channels are offered for Platforms, Markets, Accounts, and General. The Platform and Market support sections offer multiple documents covering the most frequently asked questions. In addition, 24/7 Multilingual Customer support is available via:
- Call Centre
- Live Chat
Moreover, email options are available for general support, compliance, and Introducing Broker Queries.
Customer Reviews
🥇 Best Broker!
Blackbull Markets is one of the Best Brokers I have had the pleasure of trading with. The Customer Support alone is top-notch! – Kumail Main
🥈 Fantastic!
Every Step with Blackbull Markets is straightforward. The Quickstart option answered my questions before I even registered. Impressed! – James Jones
🥉 5 Stars.
I have never come across a Broker with multiple channels of support. I had a question about the registration process and found the team to be friendly and highly responsive. – Frank J.
Pros and Cons
| ✅ Pros | ❌ Cons |
| Fast Trade Execution | A Commission Fee is Charged on selected Accounts |
| Excellent Customer Support | A Withdrawal Fee Applies |
| Impressive Educational Resources | The Prime Account has a extremely high Min. deposit |
Our Findings
For a good reason, Blackbull Markets is a globally recognized Broker in Financial Hubs (New Zealand, Australia). This broker’s Overall offering is Impressive, with a range of accounts and trading platforms to cater to Beginners, Intermediate Traders, and Professionals. The Influencer Partnership option is an Impressive and Unique addition.
Conclusion
BlackBull Markets is a well-established Forex and CFD Broker with an impressive offering. Its website is clear and user-friendly. Moreover, the Broker is Transparent regarding its privacy policy, Terms, Conditions, and Compliance. In addition, Blackbull Markets impresses with a wide range of educational resources and several customer support channels.
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
Our Review Methodology: For each of our broker evaluations, we investigate, evaluate, analyze, and compare what we feel to be the most crucial criteria to consider when selecting a broker. Based on our findings, this evaluation comprises positives, disadvantages, and an overall score. We want to assist you in locating the ideal broker for your requirements. Our broker review should not be considered financial advice. However, traders are urged to seek professional financial advice before making investment decisions.
Addendum/Disclosure: No matter how diligently we strive to maintain accuracy, the forex market is volatile and may change anytime, even if the information supplied is correct when going live.
Investor Warning: Foreign currency trading on margin is associated with an elevated risk and may not be appropriate for all investors. Before engaging in foreign currency or Contract for Difference (CFD) trading, you must evaluate your investing goals, expertise, appetite for risk, and willingness to be exposed to risk. In addition, you should not start investing capital you cannot afford to lose because you could lose part of your original investment.
You might also like:
- Account Types Overview
- Demo Account – Step by Step
- Fees, Spreads, and Commissions
- Islamic Account Overview
- Minimum Deposit
Frequently Asked Questions
Who is BlackBull Markets?
BlackBull Markets is a leading Forex and CFD Broker focusing on Customer safety and support.
What is the minimum deposit required to open an ECN Standard Account?
No minimum deposit is required.
Does BlackBull Markets charge a Commission Fee?
A commission fee is charged to the ECN Prime and ECN Institutional Accounts.
What is the Minimum Trade Size?
The Minimum Trade Size starts from 0.01 Lots.
Does Blackbull Markets offer Leverage?
Leverage of up to 1:500 is offered on the ECN Standard and ECN Prime Accounts.
Does BlackBull Markets support MetaTrader?
MetaTrader 4 and MetaTrader 5 are supported.
Great Platform
The Blackbull platform is easy to use and packed with lots of features. It makes trading easy and enjoyable, and the educational tools they offer always come in handy. I highly recommend it.
Response from SA Shares
Thank you for sharing your experience with us.
A Great Choice
If you are looking for a great broker, Blackbull is worth considering. They offer a wide range of features and excellent customer service.
Response from SA Shares
Thank you so much for your review.
A Global Reach and Diverse offerings
BlackBull’s extensive presence worldwide and wide range of services have enabled me to broaden my trading opportunities. I have had the opportunity to explore a variety of markets, which has given me great advantages.
Response from SA Shares
Thank you for sharing your experience with us.
Putting Traders First
BlackBull prioritizes traders’ needs. Their dedication to delivering outstanding service, competitive rates, and valuable tools has made them my preferred broker.
Response from SA Shares
Thank you for the review.
Having a wide global presence and a variety of products/services.
I have broadened my trading opportunities thanks to BlackBull’s extensive global presence and wide range of options. Accessing a variety of markets and instruments has been highly advantageous for me.
Response from SA Shares
Your review is much appreciated.
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