BlackBull Markets
The converse is the fastest way to communicate the broker in our opinion. From our experience, the support works veritably fast and professionally. There’s a service for professional guests and plutocrat directors (institutional service). The broker can offer the stylish liquidity and fastest prosecution. BlackBull Markets is grounded in New Zealand and is also regulated there. The company is registered with the Financial Service Provider Registry (FSPR) and is a member of the Financial Service Complaints Limited (FSCL).
BlackBull Markets is partnered with ZuluTrade, social and copy trading platform provider. This edition is specifically designed for Introducers with greater than ten clients, and who provide additional value/services to their clients. The IB program is perfect if you have a Forex content website, forum, or a group of traders that you would like to help get setup with BlackBull markets.
BlackBull Markets Affiliate Program
The fees charged for trading Forex pairs, indices, stocks, and commodities were much lower than industry averages. We contacted the broker’s customer support team to resolve the challenges we faced. The major problem that the majority of the users tend to face is the complexity of the platform. However, things are much different here at the black bull markets. Using black bull markets is always a treat for the majority of people. This program could be marketed to the financially adventurous members of your audience who are looking to dabble in forex trading.
By using the other accounts, you will get the raw spreads, but you have to pay a commission. BlackBull Markets clients can open demo accounts that let them trade up to 100,000 USD of virtual equity. BlackBull Markets requires users to upload valid documents to verify that the traders are real and trading within their respective region. In the account verification step, users will need to upload a valid ID which can be a passport, national ID card, or driver’s license.
Emailed to you once per day, offered FREE for BlackBull Markets’ Prime Account Clients. Take advantage of BlackBull Markets’ MT4 and MT5 platforms today. Yes, BlackBull Markets can be considered a legit broker, as it is regulated by at least one top-tier regulator, which is a great sign for reliability.
- Yes, in short, we can confidently say Blackbull Markets provides a great user experience and competent and personal customer support.
- Once you registered you get access to the client center where you see all the information about your account.
- Although MT4 is certainly not the most advanced platform on the market, is it perfect for basic technical analysis and order execution, making it the peoples choice.
Some brokers have very overwhelming and complicated back ends, where it’s virtually impossible to workout how to do what you want to do on the account. Demo trading will mirror the trading platform and functionality of live trading accounts but lacks exposure to full trading psychology. Demo trading accounts can also create unrealistic trading expectations and promote false trading behavior.
What Leverage does BlackBull Markets offer?
Each year, we collect thousands of data points and publish tens of thousands of words of research. Black bull markets are a simple, easy-to-use, and low-priced forex trading platform. The performance is quick, does not have any bugs, and has a very easy account opening procedure that is similar to a bank account. Hence, if you are confused between which forex trading platform to choose then black bull markets is the one.
It is presumably this UK presence that gives the operator the right to accept clients from Europe as well as from the majority of the rest of the world. Black Bull Group UK Limited is a registered UK company and it uses BlackBull Group UK Ltd for payments clearing. As far as FX/CFD brokers are concerned, getting the reputation of their business in good shape is probably the most difficult part of what they’re looking to achieve.
Features
It also offers a toll-free number and email address for contacting customer support. Many options, such as diverse conditions and trading financial assets, are available, backed by learning tools and programs designed for active trader accounts. Along with numerous solutions offered to retail traders, professional services are available for institutional accounts and money managers, PAMM, and MAM accounts. The BlackBull Markets ECN Institutional account offers identical trading conditions to the ECN Prime account, but trading costs have a distinctive difference. Traders get raw spreads from 0.0 pips for a commission of $3.00 per 1.0 standard round lot or $3.00 in total fees. The secondary difference is that traders may select their Equinix server.
Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. BlackBull Markets is regarded as secure since it is overseen by New Zealand’s premier FMA. Black Bull Market is secure to use and is operated by FMA (The Financial Market Authority of New Zealand). First of all, you have to choose the asset you want to trade and choose the position size (volume). For a correct position size, you have to calculate it or use an indicator.
Every time you are planning to dive into finances, make sure you know who you trust your money with. We, at BrokerChooser, only recommend regulated brokers on our site, meaning the broker’s operations are overseen by a trusted body. Generally, brokers offer a Bank transfer / ACH / Credit or debit card / E-wallet transfer solution. Once you have filled out the form, uploaded your documents, chose your account type, base currency and finished the trading survey, BlackBull Markets will verify your account very shortly. Additionally, for demo accounts, you also have the option to add paper-funds to your account. To do so, click the ‘ADD FUNDS’ button at the bottom of the account card.
We recommend using the download for the computer because you can do a better and more detailed analysis. That doesn’t mean that a full limefx reviews analysis with your mobile phone isn’t possible. For dealers who want to enjoy low spreads, BlackBull Markets is the right broker.
BlackBull Markets allows its clients to make withdrawals via the same payment methods available for deposits making it easy for investors to access their funds. BlackBull Markets offers Forex Islamic Accounts to Muslim clients. These accounts do not attract a swap fee for positions held overnight. Covering Forex platforms, trading apps, broker reviews, and all regulated online trading sites.
The broker’s education offering is not as comprehensive as we would have liked. Traders can also open a demo account to practice trading on the broker’s platforms and test their trading strategies. The broker has a ‘trading resources’ section on its website that offers an economic calendar, which is very useful to traders. The broker publishes about 10 timely analysis (fundamental and technical) pieces covering the major markets. Traders can deposit and withdraw from their accounts using bank transfers, credit and debit cards, and e-wallets such as Neteller.
Is Blackbull Markets a broker with a good user experience?
The reliable MT4 trade execution GUI flags any instances of trade orders being bounced due to the market price moving. During our testing, all the virtual trades were executed as planned, and the position was reported accurately in the Portfolio section of the platform. This type of questionnaire is standard procedure for a https://limefx.group/ well-regulated broker. The KYC (Know Your Client) information allows firms such as BlackBull Markets to establish a user profile for clients and ensure they follow duty of care protocols. The platform version that can be downloaded from the BlackBull Markets website offers no fewer than 85 preinstalled technical indicators.
Is BlackBull Markets regulated? – Safety for customers
However, upon request, customer support confirmed that it is their general practice to provide negative balance protection to clients, and it is almost always provided. The reason why negative balance protection is not explicitly stated in their legal documents is due to the ability for it to be very easily abused, according to their customer support. However, if you stay away from these practices and trading strategies, your fund should be protected from a negative balance. There is a service for professional clients and money managers (institutional service). BlackBull Markets being a regulated broker offers a good range of secure funding solutions and keeps money according to trust, safety and confidence with Top tier segregated Bank accounts. However, always make sure to verify according to your residence what conditions and methods are applicable to you, or some rules that may vary.
Steven Hatzakis is the Global Director of Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. Like most brokers, they offer a free demo trading account for beginner traders, or experienced retail traders looking to test the trading environment before committing to the broker.
That said, BlackBull still has some room to grow in order to become more competitive. We’d love to see the broker acquire more regulatory licenses in Tier-1 jurisdictions, which would only improve its Trust Score. It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While ForexBrokerReport.com has some data verified, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers in the term of commission.
As well you may see more spread examples below and compare fees to another popular broker Pepperstone or other competition shown on the table below. This means that you get cashback after every commission or fee you generate at your broker. But traders from the United States are not allowed to use this platform.