BlackBull Markets Review Do Not Deal With BlackBullMarkets com Scam

blackbull markets regulation

The BlackBull Markets MT5 trading platform is available for desktop, web, mobile, & tab. Traders can use the extensive features of the MT5 with maximum usage of the features. MT5 trading platform was primarily developed to cater to the non-Forex markets like commodities, equity, and the future. Founded in 2014, BlackBull Markets is a New Zealand-based brokerage firm that specializes in forex and CFD trading.

Started in 2014 the broker has been gaining a grip with an increasing number of traders. BlackBull Markets presents a mobile-native platform that allows investors to access 23,000+ shares in 80+ global markets, and is accessible from one simple, retail-accessible app. Through this mobile trading platform, you can trade stocks, options, and futures from anywhere.

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They include crude Brent cash, crude oil Brent futures, west texas intermediate crude oil cash, and much more. The term “precious” refers to a naturally occurring chemical element with a high economic value. The term “precious metals” is often used to refer to the most secure LimeFxs during periods of turbulent markets and volatility. Due to this, many experienced investors have at least a portion of their portfolios with precious metals.

blackbull markets regulation

You then need to upload your proof of identity and address documents for KYC purposes. Traders can trade precious metals such as gold and silver which can help diversify a trading portfolio and are often seen as a safe-haven to some. BlackBull Markets do not charge a commission on CFDs and there are no additional mark-ups or re-quotes. They can be traded with ultra-low latency and straight-through processing on the proprietary trading technology provided. Economic calendars can be great tools for conducting fundamental analysis. Therefore, I would always combine fundamentals with other technical indicators in the MT4 platform and price action patterns using candlestick charts to give my trading strategy that extra edge.

The minimum deposit for the ECN Prime account of $2,000 is a bit high but remains acceptable. Overall, the core trading environment is outstanding, and I rank BlackBull Markets as a leading choice for demanding equity traders, asset managers, and Forex traders. Besides standard broker’s features, BlackBull Markets reviews show that the broker offers two popular social trading platforms – ZuluTrade and Myfxbook. Traders can use each to copy traders from other, well-ranked traders and gain more profit this way. A good broker constitutes a good service for traders in terms of many criteria including trading instruments,
deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily
mean the same thing to you.

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Ripple (RPL) is popular among big banks with the Ripple network a next-generation real-time gross settlement system. It allows instant cross-border fund transactions at very low costs. The trading of gold and other precious metals involves hard commodities that are contract-based tradable goods.

The materials are comprehensive, well-presented, and suitable for new and more experienced traders. MT5 is the newer version of MT4 and is also available at BlackBull. We recommend using MT5 if you are looking for a more powerful and faster trading platform for back-testing functionality for automated trading.

Premium Brokers

PsyQuation is available through a limited amount of brokers, including Axi. Myfxbook is a popular social trading platform that allows users to discuss, analyse, track, and compare their trading actions. In addition to putting yourself up as the principal trader in an auto trading network, you can use Myfxbook to set up auto-trading to follow your chosen traders. The Myfxbook interface’s usability and intuitive design simplify use and common sense inputs and outputs.

It offers a range of tradable instruments including forex, CFDs, precious metals, and cryptocurrencies. The broker’s educational resources and customer service are also noteworthy. BlackBull offers Virtual Private Server (VPS) trading to its clients, which is a useful tool for traders who use automated trading strategies or expert advisors. ZuluTrade and MyFxbook are also available for those who want to follow and copy trades of other successful traders. Overall, BlackBull offers a range of trading tools to assist traders in their trading activities.

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. The choice of financial assets offered by BlackBull Markets is extensive compared to other similar brokers, with a range + instruments. Beginner traders get fifteen videos, and numerous short Trading Guides, offering an in-depth introduction to trading.

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All these features aim to provide accurate knowledge and understanding of forex and overall trading. Additionally, you will get access to the BlackBull MT4 Multiterminal, which allows you to trade on multiple trading accounts simultaneously. This means you don’t need to switch accounts all the time to place a trade on different limefx accounts. And the Multiterminal with spread the order size automatically to all connected accounts according to your setting. The BlackBull Markets’ proprietary aggregation system software ensures that the liquidity providers compete with each other directly to offer the best liquidity at the quickest possible time.

BlackBull Markets answers some questions in its FAQ section and describes its products and services well. Therefore, I believe that most traders will not require assistance unless there is an emergency. In such a case, BlackBull Markets ensures a customer service representative is available. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights, in the commission based BlackBull Markets trading account.

The great thing about the Standard account is that it gives you access to all 26000+ instruments using their regular MetaTrader 4 and MetaTrader 5 platforms. Commodities are considered primary resources used in the industry, food production, daily consumption, etc. Hence, trading with a good broker will help you to stay safe even though the market moves abruptly. As per their advertising, client satisfaction is BlackBull’s priority. Hence, they offer a dedicated account manager along with 24/7 customer support in multiple languages.

Trading ideas

In the BlackBull Markets review conclusion, the BlackBull Markets trading platform offers an extensive range of services to traders worldwide, and it appears to be above the industry average. With its regulatory status, it offers competitive conditions to trade in markets and is also tops among the brokerages with high leverage ratios. It is one of the leading charting as well as a social trading platforms in the world. Whether you use a mobile, tablet, or even desktop/laptop computer, TradingView can generate tremendous charts, which will certainly enhance your trading experience. And like all the traders, you will be able to customize the charts and tools.

  • In addition to being regulated by these bodies, BlackBull Markets holds clients’ funds in segregated bank accounts in ANZ Bank.
  • In fact, reputation could well be considered the main selling point of this operator.
  • Along with its advanced and competitive offering as we discover in our review, BlackBull also supports educational resources suitable for traders of different levels.

Education and market analysis are also good compared to other brokers, and deposits and withdrawals are free. BlackBull is an STP (Straight Through Processing) forex broker that provides online trading services to retail and institutional clients. The company was founded in 2014 and is headquartered in Auckland, New Zealand. BlackBull is regulated by the Financial Markets Authority (FMA) of New Zealand and offers over 26,000 tradable instruments including forex, energy, indices, cryptocurrencies, equities, and metals. The broker provides clients with multiple trading platforms such as MetaTrader 4/5 and various trading tools. The company also provides educational resources to assist traders in their trading journey.

Fees & commission at Blackbull markets

Actually we found that BlackBull markets is a highly regarded broker, as the clients they serve are mostly happy with the trading conditions and the service provided alike. As well as numerous awards confirming BlackBull Market’s success within the industry and placing them among regarded trading providers for its great technology and innovation. As per our in-depth BlackBull Markets review, we can say that it is suitable for beginners. This trading platform provides numerous education resources, including MT4 videos, forex analysis guides, and a glossary for trading compared to most brokers. Our team of experts has fully evaluated the safety measures of this brokerage. BlackBull Markets adheres to segregated client funds at the top-tier banks and provides negative balance protection for its traders.

blackbull markets regulation

Institutional users are offered MAM/PAMM and white labeling options. The platform is in effect a fully customizable trading environment, offering superb charting capabilities, as well as automated trading via its EAs. To be eligible for such an account, traders must deposit at least $ 2,000. Despite this, this type of account is the most popular among brokers. A standard account has spreads from 0.8 pips on major currency pairs such as EUR / USD. The way BlackBull Markets operates is a bit peculiar – to say the least.

Our verdict on BlackBull Markets

The only trading platform offered by the broker is MetaQuotes’ MT4, which is arguably the best such platform in the business. In addition to a free demo account (for which it is easy and quick to register) and an Islamic account option, the broker has three main types of accounts. With the standard account, you’ll get an fresh spread but you pay no commission. By using the other accounts you’ll get the raw spreads but you have to pay a commission. First of all, we’ve to mention that everyone can produce a free rally account with BlackBull Requests to test the trading service.

blackbull markets regulation

High-volume traders may negotiate rebates with BlackBull Markets, and I appreciate the flexibility this broker provides in that department. This is why this broker adopted an updated version of the trading platforms on the market – MetaTrader5. This multi-asset platform is the best for trading in forex, stocks, metals, and hundreds of other derivative assets. The primary focus of the broker is on providing institutional-level services to retail clients, the firm allows traders to trade various assets such as forex, precious metals, and commodities. BlackBull Markets was founded in 2014 with the goal of becoming the leading online Financial Technology and Foreign Exchange Broker. BlackBull Markets is a true ECN, No Dealing Desk broker which is specialised in Forex, CFDs, Commodities, Precious metals and Energies.

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BlackBull Markets does offer periodic competitions and profitable events. Should you not want to go directly to your account manager, there is a 24/5 live chat which is extremely responsive, as well as multiple phone numbers and a support email address you can contact. On our website, you can see that some users have reported unable to withdraw and scams. A series of educational resources is available at BlackBull, such as webinars, market analysis, and trading videos that cover various topics related to trading. Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.