tradingcritique.com gives the best broker review for BlackBull Markets. This review is an updated Detailed Product Guide with BlackBull’s regulations. BlackBull Markets provide various trading platforms such as MetaTrader 4, MetaTrader 5, Social trading, etc. Let’s start knowing about BlackBull Markets clearly.
- Minimum Deposit: $200
- Max Leverage: 500:1
- Trading Commissions: $6 per lot (Prime Account)
- Regulated by: FSPR, FCA
- Financial instruments: Commodity, Forex, Precious Metals, Stocks, Energy, and Index
- Customer support: 24/5
- Deposit Fees: 0
tradingcritique.com gives the best broker review for BlackBull Markets. This review is an updated Detailed Product Guide with BlackBull’s regulations. BlackBull Markets provide various trading platforms such as MetaTrader 4, MetaTrader 5, Social trading, etc. Let’s start knowing about BlackBull Markets clearly.
BlackBull Markets provide 300+ trading instruments to trade on MetaTrader 4 and MetaTrader 5 Trading Platform. The trading instruments are Stocks, Commodity, Forex, Energy, Precious Metals, and Index. They serve 24/6 client support via chat boat, Email, and Phone Calls.
Image 1: Home page in BlackBull Markets website.
Regulation and trustability
BlackBullMarkets.com is fully regulated and licensed by Financial Services Provider Register (FSPR) and Financial Services Authority (FSA).
- Black Bull Group Limited is authorized and regulated by Financial Services Provider Register (FSPR) – New Zealand, and Register Number is FSP403326
Black Bull Group UK Ltd. is registered in the United Kingdom, and the Company Number is 9556804. It provides a payment clearing service. Their website is highly encrypted, and they protect their website by Secure Socket Layer (SSL). BBG provides low-risk CFD and Forex trading.
Black Bull – Awards
BlackBull broker has received awards from several companies for several services. Find the list of some major awards won BlackBull in Table 2.
Table 1: Awards received by Black Bull for Excellency in various domains
| Awards | Awarded by |
|---|---|
| Best NZ Forex Broker 2020 | Compare Forex Brokers |
| Listed on the Deloitte Fast 50 Index 2019 | Deloitte |
| New Zealand’s fastest-growing companies 2018 | Deloitte |
| Fastest growing exporter 2018 | Auckland and Upper North Island |
Image 2: Awards won by BlackBull Markets
BlackBull Markets Security
BlackBull Markets sends you emails only from their domain – blackbullmarkets.com, and they will only contact you via phone with New Zealand’s country code starting from +64. They will not accept deposits or withdrawals via cryptocurrency under any situation.
Investments, Products, and Instruments
BlackBull Markets offers 300+ trading instruments such as Commodity (Energy, Oil, and Gas), 64+ currency pairs, Forex, Precious Metals (Silver, Gold), Energy, and Index. Along with their excellent trade implementation and costs, they also offer customers a full range of products to the trade.
Forex
- The Forex trade is the biggest financial market in the world. BlackBull Markets offers 24/6 trading hours – markets open from Sunday 22:00 GMT to Friday 22:00 GMT.
- Maximum Leverage: 500:1
- Execution speed of 20ms
- Highly liquid
- Minimum Spread:0.1 pip
Available Forex Pairs are,
| AUD/CADAUD/CHFAUD/JPYAUD/NZDCAD/CHFCAD/JPYCHF/JPYEUR/AUDEUR/CADEUR/CHF | EUR/GBPEUR/JPYEUR/NZDEUR/SEKGBP/AUDGBP/CADGBP/CHFGBP/JPYGBP/NZDNZD/CAD |
Index /Stock CFDs
- Indices traded in the formation of Contracts for Difference or CFDs.
- CFD trading hugely differentiates the tools you have access to, which allows you to follow risk-free trading tactics.
- Indices provide the market-level value of specific stocks based on the companies in the market and their comparative value.
BBG offers the most popular stocks and indexes such as,
| Most popular US StocksTeslaAppleAmazonFacebookNetflix | Indices from major global exchangesNasdaq 100S&P 500Footsie 100ASX 200DAX 30 |
Commodities
- Commodities are primary resources and, they cover Precious metals and Energies.
- A precious metal is a rare natural metal chemical element of high economic value.
- Energy commodities are natural properties of energy such as Natural Gas and Crude oil.
- BBG offering Commodity products are Gold, Silver, Crude Oil, and Nature Gas.
- Maximum Leverage: 500:1
BlackBull Market’s Commodity Products,
| Gold SpotGold FuturesSilver SpotSilver FuturesCrude Oil Brent CashCrude Oil Brent FuturesNatural GasUS CocoaLondon CocoaSoybean Futures | Wheat FuturesUS Sugar FuturesLondon Sugar FuturesCorn FuturesUS Cotton FuturesUS Coffee FuturesLondon Coffee FuturesWest Texas Intermediate Crude Oil CashWest Texas Intermediate Crude Oil Futures |
Image 3: Trading Instruments in BlackBull Markets
Trading Platform
BlackBull Markets provide MetaTrader 4, MetaTrader 5, Social Trading and Web Trader. They offer a super convenient option between both efficacious conditions and a user-friendly interface. Both platforms are suitable for beginners or professionals, making software a pleasant partner in your business journey.
MetaTrader 4 Mobile Trading
MetaTrader 4 (MT4) is one of the well-known advanced trading platforms. MT4 is user-friendly, and it is a fully customizable platform. BlackBull Markets offers MT4 on various classes of trading devices like Mobile, Mac, Ipad, and Tablet. BlackBull Markets trading Applications are available in both the Apple Store (iOS) and Google Play Store (Android).
MetaTrader 4 Available on.
MT4 Key Features:
- Market Watch Window
- Automated trading
- Multiple order types
- Pre-installed indicators
- Interactive charts
- Technical indicators
- User-friendly
- Highly customizable design
- Personalize your trading experience
- Analysis tools
- Navigator Window
- Multiple chart setups
- Order execution capabilities
- Support for Expert Advisors (EA)
- EA’s with MetaScript
MetaTrader 5
MetaTrader 5 has a variety of trading tools and instruments. It is an advanced and speedy trading platform. Recently, they provide stock trading options along with forex, index, and commodity trading.
MetaTrader 5 Available on.
MT5 Features:
- 20+ time frames
- 30+ built-in indicators
- Optimized trade processing speeds
- Ability to hedge your trade positions
- Integrated economic calendar
- Advanced pending order functionality
- Integrated economic calendar
Web Trading
WebTrader is nothing but, it is the online version of MetaTrader 4. MT4 WebTrader allows users to access the web and various types of OS like Windows, Linux, and Mac. Web trading gives all the benefits of MetaTrader 4. You do not need to download this platform. It allows trade from any device and several web browsers like Mozilla Firefox, Google Chrome, etc.
VPS Trading
BeeksFX provides Virtual Private Server (VPS) service for BlackBull Market. Due to the good execution speed, this VPS server was placed in New York, London, and Japan. They provide free VPS service for their Prime account holders. Those who have traded 20 lots per month and who have a deposit minimum of $2,000 are eligible for this free VPS host service.
Key Benefits of a VPS:
- Compatible with BlackBull Markets MetaTrader 4 Platform
- 99.999% uptime
- Automated Data Backups
- Reduces latency by up to 30%
- Customizable and enhanced security options
- Reduction in slippage
Social Trading
BlackBull Markets provide two types of social trading options.
BlackBull Social trading types,
- ZuluTrade
- Myfxbook
Zulutrade is one of the well-known world-leading social trading platform. It has a wide range of customers from 192 countries. They offer customized trading options for their clients. It has safe and secured trading features and tools. Zulutrade provides “Margin-Call-o-Meter” for BlackBull clients. This indicator helps to monitor your trade and gives alerts.
Key Benefits of a VPS:
- ZuluGuard – 24/7 monitoring
- Advanced account protection feature
- Simulation
- Automator
- Customization settings
- Available on – Website, Android, iPhone, iPad, Blackberry, and Kindle Fire
Myfxbook is a well known and advanced social trading site. Its interface is user-friendly and easy to access. When you Log In to your BlackBull trading account to Myfxbook, it will automatically sync your trading account.
Myfxbook Benefits
- Automated trading
- Multiple chart setups
- Order execution capabilities
- Innovative and intuitive user interface
- Publish your account statements
Image 4: Various Trading Platforms in BlackBull Markets
BlackBull Markets Trading Websites – Continent wise
BlackBull has various trading websites in different languages. This helps the Traders from various countries to use BlackBull effortlessly.
Table 2: Multilingual trading websites of BlackBull Market’s segregated continent wise
| No. | BlackBull Markets Trading Websites | Countries | Website Language |
|---|---|---|---|
| 1. | BlackBull Markets (Main) | Global | English |
| Continent 1 – EUROPE | |||
| 2. | BlackBull Markets Français | France | French |
| 3. | BlackBull Markets UK | UK | English |
| 4. | BlackBull Markets Español | Spain | Spanish |
| 5. | BlackBull Markets Português | Portugal | Portuguese |
| Continent 2 – ASIA | |||
| 6. | BlackBull Markets ไทย | Thailand | Thai |
| 7. | BlackBull Markets 简体中文 | China | Simplified Chinese |
| Continent 3 – Australia | |||
| 8. | BlackBull Markets English | New Zealand | English |
BlackBull Markets Broker Review – Account Types
BlackBull Markets offer a variety of account types that are listed below.
BlackBull Markets account types
- Standard Account
- Prime Account
- Institutional Account
- Islamic Account
The Deposit fee and Leverage amount are suited for all variants of traders, and there is no trading commission for the standard account. BBG Islamic account provides various types of trading accounts with an excellent feature than the regular accounts type.
Standard Account
BlackBull Standard account is suited for great experienced forex traders. This account type allows access to all of the trading instruments. There is a minimum, and the initial deposit fee is $200, and 0 trading commission. You can trade in all kinds of trading platforms and devices under the Standard Acount type.
- Minimum Deposit – $200
- Leverage – 1:500
- Trading Commission – 0
- Spreads From – 0.8 pips
- Minimum Lot size – 0.01
Prime Account
BlackBull Markets’ Prime Account is suited for traders who want to trade with a competitive edge. They collect some Trading commissions, depending on Lot size.
- Minimum Deposit – $2000
- Leverage – 1:500
- Trading Commission – $6 per lot
- Spreads From – 0.1 pips
- Minimum Lot size – 0.01
Institutional Account
BlackBull Markets’ Institutional Account offers custom accounts to their most extensive Institutional traders. They provide Complimentary VPN Access, and you can customize your commission structure using this Institutional Account.
- Minimum Deposit – $20,000
- Leverage – 1:500
- Trading Commission – Negotiable
- Spreads From – 0 pips
- Minimum Lot size – 0.01
Image 5: Account Types and its Features in BlackBull Markets
Islamic Account
Islamic account is a swap-free account, and this type of account is available for both Standard and Prime accounts. You can access all trading instruments from this account. The Leverage size is 1:500, and they also offer to trade micro-lots.
Demo Account
BlackBull Markets offers a 30-day demo account with virtual funds of up to $100,000. Users can switch from a Demo account to a real money account as a Standard and Prime account within 30 days.
Fees, Commissions, and Bonus
Deposit and Withdrawal: There is no deposit fee, and the minimum deposit amount is $200. BBG charges a trading commission for a prime account as $6 per lot, and the Institutional account’s trading commission is negotiable. They offer the following deposit methods,
- Credit Card – Visa, MasterCard
- Ewallets – Skrill, FasaPay, China Union Pay, Neteller.
- Bank Transfer
BBG Skrill account is a USD account. So, when you transfer other currency via Skrill, the transaction charges may apply. Neteller offers multi-currency deposit options such as USD, CAD, EUR, SGD, AUD, JPY, and GBP. The deposit processing time is instant, but bank wire transactions may take 1-3 business days.
BBG accept only these currencies for Deposit,
- United States Dollar (USD)
- Great British Pound (GBP)
- Singapore Dollar (SGD)
- Euro (EUR)
- Japanese Yen (JPY)
- South African Rand (ZAR)
- Australian Dollar (AUD)
- New Zealand Dollar (NZD)
- Canadian Dollar (CAD)
BlackBull Markets follows various kinds of withdrawal methods via Credit card, Ewallet, and Bank transfer. If you deposit your funds from a Credit card, you must use the same credit card for withdrawal. The withdrawal transaction processing time takes a maximum of 3 to 5 days.
Withdrawal Method & Fees
- Credit Card – 5.00 Base Account Currency
- Neteller – 5.00 Base Account Currency
- Skrill – 5.00 Base Account Currency
- International Bank Transfer – 5.00 Base Account Currency
Bonus – Refer A Friend
Black Bull markets offer $100 to $250 “Thank you Bonus” for Refer friend program. This reward is applicable for both the persons (You and your friend). When your friend (referred person) deposit their first transaction, the reward amount will be credited to both of your accounts. The bonus amount depends on your friend’s initial deposit amount.
| Your friend deposits1. $1,0002. $10,000 | Your friend trades5 FX Lots20 FX Lots | You’ll each receive$100$250 |
Customer Support
You can contact the BlackBull Markets Support Group on the brokers’ website via email, phone, or live chat button. They are available 24/6 with an experienced adviser. They reply answer queries department-wise.
Table 1: The regulations of EverFX
| Countries | BlackBull Markets Contact Number |
|---|---|
| International Phone Number | +64 9 558 5142 |
| ASIA | |
| Malaysia | (+60) 12 444 6433 |
| AUSTRALIA | |
| New Zealand | +64 9 558 5142 |
| New Zealand | 0800 |
Image 8: Contact details in BlackBull Markets
Education and Research
Blackbull Markets provides attractive economic calendars and market annotation. Daily updates and extended sessions are available on the BlackBull Markets YouTube channel. It has live broadcasts that include economic new releases in live-trading room format.
Beginner traders can access eleven videos and several short trade guides that provide an in-depth introduction to trading. In addition, BlackBull Markets maintain its trading blog with research materials, analysis, and market overview to support your current trading process. Trade vocabulary is also available.
Image 9 : Learn to trade in BlackBull Markets
In a Nutshell
BBG serves 24/6 customer support via Email and Phone calls.
BlackBull Markets is Regulated and authorized by FSPR, FCA.
BlackBull Markets offers financial instruments that are Commodity, Forex, Precious Metals, Energy, Stocks, and Index
The minimum deposit amount is $200.
The maximum leverage is up to 500:1.
BBGs account types are Standard Account, Prime Account, Institutional account, and Islamic Account.
They provide a Demo account for Standard and Prime accounts.
BlackBull Markets provide Mobile and Web-based advanced trading platforms such as MetaTrader 4 and MetaTrader 5, ZuluTrade, Myfxbook.
Trading Commissions is $6 per lot for Prime Account.
BlackBull Markets offers 0 commission trading on Standard Account.
