BlackBull Markets Review 2023: Pros, Cons, Fees, & Key Takeaways!

blackbull markets register adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker's track record, plus the scope of regulatory standing.

  • The other way in which the forex trading platform, black bull markets are considered to be unique and different is that it is very quick.
  • You can always start with nothing in your account in terms of deposit fees.
  • BlackBull Markets does not at this time (2023) offer a Sign-Up Bonus,  Welcome bonus, or the advantage/profits of a no-deposit bonus with first-time sign-up or account registration.
  • The performance is quick, does not have any bugs, and has a very easy account opening procedure that is similar to a bank account.

We sent an email inquiry about the broker’s institutional account and the Active Trader account to but did not receive a reply from the broker, which was disappointing. We got a fast response, and the support agent let us know that they offer stocks and BTCUSD on the MT5 platform. We then asked how we can open an MT5 account and were instructed to send an email to

Trustpilot Customer Reviews

For a correct position size, you have to calculate it or use an index. BlackBull Markets will help you with it if you don’t know how to do it. That means you can trade further than 100 lots with one click by using high influence of 1500. The following points will show you what happens in different locales. In this instance, we asked for an update on the current turnaround time for new account documents to be processed and got an answer to our question within three minutes. The platform provided by BlackBull Markets is the ever-popular MetaTrader MT4.

blackbull markets register

For trading forex, BlackBull Markets is offering the well- known trading platform MetaTrader 4. You get access to further than 100 different requests with your computer or mobile phone. From our perspective, it’s veritably important to use a regulated Forex Broker. On the internet, there are a lot of traps and fiddle brokers that will steal your plutocrat. Before subscribing up with any broker you should check if it’s a real company and if it’s a regulated trading platform. The main account offers STP execution and spreads, starting from just 0.1 points.

BlackBull Markets Customer Support

The No-Fee Funding model applies to all accepted payment methods, including credit cards, bank deposits, Skrill, and Neteller. BlackBull Markets’ customer service team was quite helpful and gave us direct and prompt answers that were very accurate. Our first interaction with the team was via live chat, where we asked about the order execution and whether they allow hedging, scalping and change of leverage. Traders who prefer a modern platform should try the MT5 platform since the MetaTrader 4 forex trading platform is a bit dated. Traders who prefer the MetaTrader platforms will find a home with BlackBull markets. However, traders who prefer a proprietary platform are out of luck since the broker does not offer such a platform.

Another important point within our Blackbull Markets Review is offered leverage levels. BlackBull Markets traders can start trading through an MT4 or MT5 platform. They simply need to find the instrument to trade, configure the trading parameters, and click on ‘buy by market’ or ‘sell by market’ to open a position. Commodities are raw products that many investors trade when other markets have poorer trading conditions.

blackbull markets register

Swap-free trading is necessary but is not the only requirement, and even scholars studying Islamic law have different views on the topic. Traders should contact BlackBull Markets customer support if questions remain. If you want to explore the possibilities offered by this broker, you will need to choose an account type, and for that, you should consider how experienced you are in trading and investing. The broker provides instant execution and allows scalping and hedging strategies. Traders have to contact the support team to change their leverage.

Account Registration

BlackBull Markets account types are suitable for novices as well as experienced traders. BlackBull Markets standard account has a higher minimum deposit requirement of US$200 and allows trading in micro-lots, making it attractive for beginners. Professional traders usually prefer paying more for deposits, and commissions per trade, in exchange for more favorable spreads. Prime and Institutional accounts are equipped with the highest minimum deposit requirements; however, they have reasonable commission structures and wider spreads. Overall, BlackBull Markets offers a comprehensive offering to traders around the globe. Together with its regulated environment we also found advanced capabilities with competitive conditions among market offerings and is one of the brokers allowing high leverage ratios.

Markets offers the stylish technology and network for high liquidity. The maximum influence is 1500 and can be customized in your account dashboard. It’s a big advantage that BlackBull Markets is grounded in New Zealand because European dealers can enjoy high influence. Interestingly, the broker has not yet made available the Web Trader variant of the platform. Several different MT4 variants can be downloaded for free at the BlackBull Markets website, covering Windows and Mac machines as well as Android and iOS-based mobile systems. Of these, the cheapest is the standard ECN account, which is clearly intended for beginners.

  • FIX API allows institution users to skip the BlackBull MT4 application and connect directly to the ECN grid using the company’s FIX.
  • Our testers found the LiveChat experience to be wholly rewarding.
  • It has different benefits that make it stand out among the rest of the forex brokers apps and trading platforms.
  • These VPS servers are located in New York, London, and Japan and are located close to strategic locations of exchanges to maximize reliability and execution speed.
  • This website is free for you to use but we may receive a commission from the companies we feature on this site.

The registration process took exactly 5 minutes, and our account was approved in one working day. For your safety & security, we only list Forex and CFD providers that are regulated. Through the Surge Mastercard Pre-Qualification Affiliate Program, users can access pre-qualification for the Surge Mastercard…. In this section, we will give you a short overview of how to trade on the MetaTrader 4 platform.

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The basic concepts of trading in forex will be explained in a variety of video tutorials as well as trading guides. Additionally, you can keep updated on the most recent market developments by reading their recent market analysis. Myfxbook is among the top social trading websites that let users analyze, share, track and compare their actions. You can use Myfxbook to set up automated trading to follow traders you have chosen and set you as the main trader on an auto-trading network. The user-friendliness and ease of use built into the Myfxbook interface permit the use of common basic inputs and outputs.

New Zealand-headquartered BlackBull Markets has established itself as a leading broker for demanding traders. I am a well-rounded financial services professional experienced in fundamental and technical analysis, global macroeconomic research, foreign exchange and commodity markets and an independent trader. Another important thing that makes the black bull markets quite exclusive is that it has a huge variety of educational and research tools.

The company does not trade against customers or hedge its positions. From our experience, Blackbull Markets is not a very big online broker like Tickmill for example, but the broker shows high expertise in currency investing. Also, there is high liquidity for retail traders and even professional traders. We will show you more details about this topic in the next sections. All in all, BlackBull Markets seems like a trustworthy Forex Broker from first look.

BlackBull Markets will help you with it if you do not know how to do it. The prices are shown, and you can see the spread (bid and ask price). Even the market limefx forex broker depth and tick-chart are supported by the software. If you do right-click in the chart, there are just more options for customizing the software.

The more experienced traders prefer a higher minimum deposit and a small fee per trade to get tight spreads, which BlackBull Markets offers. BlackBull Markets does offer periodic competitions and profitable events. BlackBull Markets does not at this time (2023) offer a Sign-Up Bonus,  Welcome bonus, or the advantage/profits of a no-deposit bonus with first-time sign-up or account registration. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.