0
0
Its charts are fluid and extremely versatile, accommodating the execution of in-depth technical analyses. It also has a copy trading feature, allowing signal providers and signal followers to interact. CTrader is also an excellent choice for those interested in copy trading and automated trading. However, its non-trading fees, including its withdrawal and dormancy fees, exceed the industry average.
The average spread figures for BlackBull Markets are derived through a monthly comparison of published fee data and real-time testing on live accounts. As shown in the table below, these commission rates are lower than the industry average, with brokers charging around $3.44 USD. The table below captures the average spreads listed on each broker’s website. This means the spreads you get are determined by the liquidity providers used by the broker. This account is a RAW style account meaning ECN or STP execution is used with no dealing desk.
- Opening an account with them and depositing funds was seamless for me, without any fees and their customer support was responsive.
- Only slight deductions were made as they don’t have as many commodities or cryptos available, but given their focus on forex, it’s understandable.
- In my experience, MT4 is still one of the most sought-after platforms for Australia-based Forex and CFD traders (and also worldwide) due to its ease of use and fully featured functionality.
- BlackBull Markets provides access to industry-leading platforms including MetaTrader 4, MetaTrader 5, cTrader, TradingView, CopyTrader, and BlackBull Invest.
- We also review each broker’s regulatory status; this research helps us determine whether you should trust the broker to keep your money safe.
Customer Support Channels
- Some regulators enforce stricter financial standards than others, so traders should understand the safety measures of the entity they choose to open an account with.
- This structure gives traders the freedom to grow and refine their strategies.
- BlackBull Markets offers strong ECN pricing across all account tiers.
- BlackBull Markets is not publicly traded, does not operate a bank, and is authorised by one Tier-1 regulators (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and one Tier-4 regulator (High Risk).
They make everything straightforward, and the trading conditions are fantastic. Expect responsive service designed to keep your trading smooth under 🇳🇿 trusted oversight. BlackBull Markets stands out for its dedication to trader development. Traders can watch 3000+ videos, join webinars, listen to daily podcasts, and practice strategies on a demo account, without extra costs.
The broker’s major liquidity providers include the Bank of America, Goldman Sachs, Citibank, Barclays, RBS, Credit Suisse, Commerzbank, ABN AMRO, and BNP Paribas BlackBull offer MT5, his platform is owned by Metaquotes from which Blackbull hold a licence to offer to their clients Having traded since 1998, Justin is the CEO and co-founded CompareForexBrokers in 2004.
Understanding the Regulatory Protections of Your Account
Overall, I concluded that BlackBull Markets’ trading fees are indeed competitive. The fee blackbull markets review is charged monthly until activity resumes or the account balance drops to zero. A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates. These instruments are liable for a 0.20% commission on the traded volume. I tested BlackBull Markets’ spreads on 8 January 2025 during the London and New York opens. In our Trust category assessments, we evaluate factors tied to stability and transparency, including the broker’s longevity, company size, and information transparency.
with BlackBull Markets
Client funds held in accounts segregated from company funds. Client funds are safeguarded in segregated accounts, ensuring the highest level of security and compliance. Low commission for high volume traders
ECN Account Spreads
The spreads for major currency pairs such as EUR/USD, GBP/USD, AUD/USD, and USD/CAD are generally lower than the industry averages, although some pairs may have higher spreads. Spreads are taken from each broker’s website and updated monthly. To access the Institutional account, you’ll need to contact BlackBull directly. Yes, BlackBull Markets offers over 40 cryptocurrencies, including Bitcoin, Ethereum, and others. BlackBull Markets maintains its head office in 🇳🇿 New Zealand and supports clients globally through extensive digital and regional contact channels.
Furthermore, beginner traders can benefit from its extensive educational and research materials. In my estimation, BlackBull Markets provides great conditions for day traders, chart artists, copy traders, and algorithmic traders. BlackBull Markets is a financial derivatives broker that impresses with its well-rounded services. Thats a question for the broker to answer but generally speaking, it wont matter where you trade from.
This is a swap-free account designed for Islamic traders who are prohibited from paying or receiving interest. This process ensures an accurate and up-to-date analysis of brokers’ spreads. The Prime account is intended for retail traders, while the Institutional account, as the name suggests, is designed for institutions or companies.
BlackBull Markets Regulations
During the campaign, BTC traded from $12 and ETH from $1.5, based on the broker’s prevailing averages. Whether by live chat, phone, email, or WhatsApp, traders benefit from quick answers and helpful guidance under 🇳🇿 regulated service standards. This commitment helps traders grow skills responsibly under 🇳🇿 regulated conditions.
MetaTrader 5 (MT
Client orders are routed to the broker’s pool of liquidity providers where they are filled at the best possible price. BlackBull Markets operates as a Straight-Through-Processing (STP) broker without a dealing desk. However, like all mobile trading apps, it faces the inherent limitation of reduced price action visibility on smaller screens. In my opinion, the cTrader mobile app sets a high standard for trading apps.
BlackBull Markets’ 24/7 multi-channel support makes it easy for traders to get fast, reliable help. They also provide trader tools and calculators, plus answers to common FAQs, offering complete guidance for all experience levels in a secure, regulated environment. Their dedicated team assists with general queries, account issues, or technical platform support. From platform help to account support, the team is always ready to assist. BlackBull Markets delivers round-the-clock support for traders worldwide.
Share Trading
The service is available for free to BlackBull Markets clients whose accounts are funded with at least $2000 equity and achieve a monthly traded volume of at least 20 lots. Despite this, the cTrader app remains an indispensable tool for traders, providing quick and easy access to the market. It provides the same extensive range of technical indicators and drawing tools as the desktop version, ensuring a seamless trading experience. The app is great for account management, as traders can place and adjust their positions on the go.
From Auckland, their team provides 24/7 assistance via chat, email, phone, WhatsApp, and more, ensuring prompt support for all traders. Some discussion threads on trader forums recommend that new users test the broker with small deposits first to confirm conditions and payout speed for themselves. BlackBull Markets is seen as a supportive workplace and a respected broker in trader communities. I switched to BlackBull Markets because of their fast trade execution and the variety of markets they offer. Their platform is easy to use, and I love the variety of trading tools they offer.
They maintain the core functionalities of their desktop counterparts, such as advanced charting, analytical tools, social networking, and copy trading. If you’re looking for a platform that goes beyond traditional charting tools, TradingView is worth exploring. TradingView stands out as a versatile platform that combines advanced charting with social trading features. I recommend you complete our short 5-step questionnaire to determine your most suitable forex platform and then read the relevant section about how BlackBull Markets performs. My team created a trading platform selector so you can work out what software best matches your trading needs. This is not a big deal since deposits can be returned but if you are new to trading you might not be willing to part with this large sum to start off.
You can trade shares (not CFDs) on BlackBull Markets, which means you buy, hold or sell individual company stocks allowing you to become a shareholder. In 2025, you can pick up to 16 major cryptocurrency pairs to trade with BlackBull Markets. 9 total commodities are available for you as a trader when using BlackBull Markets, including gold, silver, oil and copper.
Trust Scores range from 1 to 99 (the higher a broker’s rating, the better). We also review each broker’s regulatory status; this research helps us determine whether you should trust the broker to keep your money safe. He is a forex industry expert and an active fintech and crypto researcher. The domain blackbull.com is registered under our company, Black Bull Global Limited. BlackBull Markets is proud to be a Major Partner of the Starship Foundation supporting the vital work of Starship, New Zealand’s national children’s hospital. Merry Crypto Christmas50% off BTC & ETH spreads
