BlackBull Markets 2023: Features Uncovered

BlackBull Markets is a broker based in New Zealand which provides trading in foreign exchange and Contracts for Difference (CFDs). It has been regulated since 2014.

BlackBull Markets Main Highlights

🚀 Minimum deposit:	0$ for ECN Standard Account 2,000$ for ECN Prime Account 20,000$ for ECN Institutional Account
⚖️ Leverage:	1:500
🛡️ Regulations & Licenses:	FMA, FSA
💵 Deposits/Withdrawals:	Credit cards, Bank deposits, Skrill, and Neteller
💻 Trading platform:	MetaTrader 4, MetaTrader 5, WebTrader, BlackBull shares, TradingView
🌙 Islamic Account:	Yes
🔗 Main domain:	blackbullmarkets.com

A Look at BlackBull Markets

BlackBull Markets is a financial services company with years of experience in Forex trading. It is regulated by the Financial Markets Authority of New Zealand and the Financial Services Authority of Seychelles, making it a safe option for traders. The company offers a range of trading solutions, including proprietary software and competitive pricing, to give retail traders access to the Forex market.

They provide access to over 26,000 different stocks, CFDs, forex pairs, and commodities that can be traded on MetaTrader 4, MetaTrader 5, WebTrader, BlackBull shares, and TradingView. And offer several trading tools and the ability to copy-trade with services such as Zulutrade, MyFXbook, Autotrader, and more.

BlackBull Markets Account Types

BullBull Markets accounts are good for both beginners and experienced traders.

Standard account

The Standard Account lets you experience trading with a range of instruments and no initial deposit. This is perfect for forex traders who want a commission-free experience, with minimal spreads. You can trade on a desktop, Mac, mobile, or Webtrader.

• No Minimum Initial Deposit
• Micro Lots Available
• No Commission
• 1:500 Leverage
• Access to all tradable Instruments

Prime account

For traders looking for a competitive advantage, this broker offers a Prime Account. The fee is US$6 per 100,000 trades and spreads start at 0.1 pip, making Prime Account an ideal option for traders who want to get the most from their trades.

• Minimum Initial Deposit of US$2000
• Micro Lots Available
• US$6 per lot for most currency pairs
• 1:500 Leverage
• Access to all tradable Instruments

Institutional account

High-volume traders can get special accounts.

• Minimum Initial Deposit of US$20,000
• Customized MAM/PAMM Platform available
• Complimentary VPS Access
• Customizable commission structures
• 24/7 Dedicated technical support

Demo account

Users can try out BlackBull Markets trading with a free 30-day demo account. This is a great way to become familiar with the platform.

Islamic account

Islamic (no-swap) accounts are available as an option for our Standard, Prime, and Institutional Accounts, which keep all the great features of regular accounts.

• Available in both Standard and Prime
• Swap Free
• 1:500 Leverage
• Micro Lots Available
• Access to all Tradeable Instruments

BlackBull Markets Features

BlackBull Markets offers a range of services for individual and institutional traders. Retail traders can take advantage of various trading conditions, financial assets, and educational resources. Professional services are available for institutional accounts and for money managers, such as PAMM and MAM accounts.

Good trading conditions

Users can benefit from low spreads as low as 0.0 points, fast order execution, and leverage as high as 1:500. They can also access more than 26,000 trading assets like stocks, currencies, indices, and more.

No fees on deposits

The No-Fee Funding model means that no extra charges will be added when making payments with credit cards, bank deposits, Skrill, or Neteller.

BlackBull Markets Regulations and Licenses

BlackBull Markets, operated by BBG (Black Bull Group) Limited, is a company registered in Seychelles and regulated by the Financial Services Authority. It works with ANZ Bank, one of the top banks in Australasia, to keep users’ funds secure. BlackBull Markets provide investment-related services and are licensed and controlled by the Seychelles FSA.

Market Instruments by BlackBull Markets

It offers trading options in over 64 currency pairs, stock indices, precious metals (e.g. silver and gold) and commodities (e.g. gas, energy, oil).

Forex

The Forex market is competitive and there is a lot of trading activity. Retail traders can benefit from low cost institutional spreads with Blackbull. Leverage of up to 1:500 and spreads as low as 0.0 pips are available. It takes about 20 milliseconds to complete a transaction. Demo accounts are available for those who are new to Forex trading. Popular currency pairs include USD/CAD, AUD/CHF, and AUD/JPY.

Index and Share CFDs

CFDs are agreements between two people that require the user to pay each other the difference between the value of an asset at the time the agreement was made and its value now. Retail CFD accounts enable investors to trade certain assets without having to own them. These assets may include stocks like Tesla, Apple, Amazon, Netflix, and Facebook.

Precious Metals

Precious refers to elements that are valuable and can be used as an investment. They are the most reliable investments during times of economic uncertainty. Many investors choose to include precious metals, such as gold, silver, and futures, in their portfolios.

Commodities

You can buy and sell items like Gold, Silver, Crude Oil, Natural Gas, and crops like Soybeans and Sugar using BlackBull Markets.

Energy

Energy commodities are resources that store energy, such as Natural gas and Crude oil. They are used to make and provide other goods and services. Energy commodities are important for today’s economies and are greatly affected by global events. Examples of these commodities are crude Brent cash, crude oil Brent futures, and west texas intermediate crude oil cash.

Shares

On the BlackBull Markets platform, investors have access to more than 80 markets worldwide and over 26,000 stocks. Some of the most noteworthy features include 70+ order types, ESG/Impact dashboard filters, extended trading hours, data feeds from 66+ third parties, and advanced analysis tools.

BlackBull Markets Trading Platforms

BlackBull Markets provides support for both Metatrader 4 and Metatrader 5, two of the most popular trading platforms. By using these third-party platforms, customers can switch to different brokers if they wish. They also offer its own proprietary platforms, which are simpler to use and set up, especially for newcomers.

MetaTrader 4

BullMarkets offers their clients the option to trade using the MT4 trading platform. This platform is available on the web, desktop, and mobile devices. It provides a variety of tools, like price analysis, expert advisors, forex signals, and copy-trading, that help traders benefit from the flexibility it offers.

MetaTrader 5

Bull Markets clients can use the MT5 platform to trade stocks, commodities, and other assets. Through MT5, customers can access over 26,000 markets with up to 1:500 leverage. This platform is available on desktop, web, and mobile, allowing traders to enjoy its flexibility with tools for technical analysis, automated trading, and copy trading.

WebTrader

BlackBull Markets MetaTrader 4 account can be accessed from any browser or operating system (Windows, Linux, Mac) through the MT4 WebTrader. WebTrader offers all the advantages of the MetaTrader 4 platform, and users can trade from any device such as a laptop, tablet, or desktop. Additionally, the data transmitted is encrypted and no additional software is needed. It is also compatible with popular web browsers, like Google Chrome and Mozilla Firefox.

TradingView

BlackBull Markets offers clients the chance to use TradingView, a widely-known charting, and social trading platform, to directly trade CFDs. With TradingView’s advanced tools and charts, trading on mobile or desktop is easy and enjoyable. Millions of traders worldwide use highly customizable and automated tools and charts to make trading smooth.

BlackBull shares (mobile app)

BlackBull Markets offers a mobile-friendly platform that enables investors to access over 23,000 shares in over 80 markets worldwide. This app is available for Android and iOS devices, giving users the ability to trade stocks, options, and futures from anywhere.

With this mobile trading platform, you can manage your share accounts on the move and take advantage of the great trading environment. For those who want more advanced features, our MT4 and MT5 apps allow active traders to modify and close orders, calculate profit/loss, and follow their gains in real time.

BlackBull Markets Tools

BlackBull Markets offers Prime Accounts customers free VPS and FIX API for institutional customers who want to connect to its ECN network. It also offers copy trading services with Zulutrade and Myfxbook Autotrade for a fee. Additionally, BlackBull Markets is planning to give clients free access to TradingView, a powerful analysis tool, in the near future.

FIX API Trading

FIX API is a code used in trading that allows traders to carry out live orders at the exchange without having to use BlackBull Markets’ MetaTrader 4 (MT4) application. It offers advantages such as ECN integration, Direct Market Access (DMA), Straight Through Processing (STP), and faster speeds. It is also totally customizable and compatible with any FIX program.

Autochartist

Bull Markets made it simple to link their MT4 trading account with Autochartist, an analytics tool that can spot potential trading opportunities. Autochartist can be used for various instruments, and provide alerts for key support and resistance levels, Fibonacci retracements and extensions, chart patterns, excessive movements, and recommended stop-loss and take-profit levels.

Zulu Trade

You can replicate the trading techniques employed by many experienced and registered Forex traders from 192 countries using BlackBull Market. By employing ZuluTrade’s proprietary evaluation system and feedback from the ZuluTrade expert network, clients of BlackBull Market can customize their trades to fit their personal preferences, trading strategy, and risk tolerance. The “ZuluRank” evaluates traders based on a variety of criteria.

Forex VPS (BeeksFX)

BlackBull Markets offers free VPS hosting for customers with a BlackBull Markets Prime account and an initial deposit of at least US$2,000 with 20 lots of trades each month. BeeksFX, a BlackBull Markets affiliate, can provide Virtual Private Server (VPS) trading NYC servers. BeeksFX specializes in hosting websites and providing a secure, low-latency infrastructure that can be trusted by traders.

MyFxbook

Myfxbook is a popular social trading platform that allows users to assess, share, monitor, and compare their trading activities. With Myfxbook, you can set up automated trading to copy the trades of other traders you have selected, with you as the primary trader on the auto-trading network. The user-friendly interface of Myfxbook allows for easy input and output of basic information.

BlackBull Markets Deposits & Withdrawals

Bull Markets allow free deposits but charge for withdrawals.

BlackBull Markets Deposits

Depositing money into a BlackBull Markets account can be done in various ways, such as using a bank transfer, credit card, debit card, e-wallet (like Skrill or Neteller), and more. Credit cards and e-wallets usually process instantly, while wire transfers take up to 3 business days. There are no commissions for depositing, but withdrawal fees are high.

Other payment options include Bank Transfer, Fasapay Mastercard, Neteller, and Unionpay.

BlackBull Markets Withdrawals

Clients of BlackBull Markets can withdraw money with the same methods they used to deposit. BlackBull does not add any extra fees, but credit cards, Skrill, and Neteller withdrawals include a charge of 5 in the account’s base currency.

This fee is imposed by the banks and payment system providers. A bank transfer is a better option for larger amounts.

Education Hub by BlackBull Markets

BlackBull Markets has a learning platform that provides detailed coverage of economic events, news, expert opinions, and video analysis. They provide educational materials for traders of any experience level, such as videos, guides, and glossaries. Additionally, their blog offers market analysis and research material to help traders.

For beginner

• Trading videos.
• Trading guides.
• Trading glossary.

Intermediate

This page gives a clear explanation of how trading works and the basic principles of technical and fundamental analysis. Tutorials and guides are available to help explain the basics of trading in forex. To stay informed on the latest market developments, readers can read the recent market analysis.

Advanced

This section provides high-quality teaching resources and powerful research tools. In addition, this broker collaborates with leading market data providers, which is of great benefit to traders. The research tools are equipped with advanced MetaTrader features, market analysis, technical knowledge, and other functions, including Autochartist.

Related article: Pepperstone Review 2023: Key Features Uncovered (brokerstimes.com)

FAQs