Pros
  • Regulated by FMA
  • Global industry awards
  • Tight Low spreads
Cons
  • Trading Conditions may be different according to entity rules
  • Limited range of trading tools
  • High stock CFD fees

Company Information

BlackBull Markets has acted in the finance filed since 2014 through Auckland New Zealand and combining years of Institutional Forex experience with the focus on resource offering to retail traders. From that time the broker offers many trading opportunities as a financial services provider with proprietary software to aggregate powerful trading performance along with competitive pricing.

Markets

BlackBull Markets offers over 60 different instruments to trade, including over 50 currency pairs. Basically, you can choose among the following asset classes:

● Precious Metals
● Forex
● Energy
● Commodities
● Index CFDs

Trading accounts

BlackBull Markets suggests three live account types at your service, namely ECN Standard, ECN Prime and ECN Institutional. In addition, customers have the opportunity to use an Islamic and demo accounts. Let’s review the features of each account type separately so that you could realize which one meets your needs more.

  • ECN STANDARD
  • • For the beginners
    • Min deposit – $200
    • Max Leverage – from 1:500
    • Spread – from 0.8 pips
    • Min Lot Size – 0.01
    • Commission – none

  • ECN PRIME
  • • ECN experience with straight through processing
    • Min deposit – $2,000
    • Max Leverage – from 1:500
    • Spread – from 0.1 pips
    • Min Lot Size – 0.01
    • Commission – $6,00 per lot

  • ECN INSTITUTIONAL
  • • For traders looking for institutional services and functionality
    • Min deposit – $20,000
    • Max Leverage – from 1:500
    • Spread – from 0.0 pips
    • Min Lot Size – 0.01
    • Commission – negotiable

Open an account

Opening an account with BlackBull Markets is a rather simple and clear process. All you need to do is to fill the online application providing the necessary information. After you complete the application form, you will have to verify your identity by providing your ID. You have to provide and prove your residential address as well. Once everything is verified and approved, you will receive your login, after that you can make the first deposit and start trading.

Minimum deposit

The broker requires a different amount of the first deposit for each account type. You need $200 to open a ECN Standard account, $2,000 to open a ECN Prime one, and $20,000 – for ECN Institutional

© BlackBull Markets website screen

Trading Platforms

Blackbull Markets offers its customers several platforms for trading: MetaTrader 4 (MT4), its updated version MetaTrader 5 (MT5) and WebTrader. You can read more about those platforms by clicking here.

Our verdict

Let’s sum up the above mentioned about the very broker. First of all, the range of assets offered for trading is not highly diverse, which makes BlackBull Markets a more suitable broker for traders happy to focus on Forex, and the major metals and energies, and major stock indices only. BlackBull Markets is also relatively new to the industry and has yet to mature compared to firms that have been around for decades. With a limited product range on MT4, the social copy trading tools alone do not give BlackBull Markets an edge, because its trust score is low compared to the most trusted forex brokers. Together with its regulated environment, the broker also provides advanced capabilities with conditions rather competitive among market offerings.

BlackBull Markets Details

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Greg Thompson
Greg Thompson
December 15, 2020 12:20 am

Lots of marketing but no substance as a broker. Really poor service and knowledge. Avoid at all costs.

Maeve Gonzales
Maeve Gonzales
October 12, 2020 5:34 pm

i have been trading with BlackBull Markets for one month now it the best and the chat rep are excellent the really help and solve my problem i feel great to be with BlackBull Markets, i have made profit and i will make a withdrawal soon i hope i will have no problem . i will put a review on that , BlackBull Markets the Best .

Roberto Diaz
Roberto Diaz
October 10, 2020 12:05 pm

Excellent service on the live chat. and very helpful. I would recommend them as a broker

Sandra Walker
Sandra Walker
October 5, 2020 7:04 pm

BlackBull Markets had a huge data spike with the GBPUSD pair and wiped my account out. I contacted them by chat email and also requested that they call me. It took a little time for them get it fixed but they did fix it. Everything is back as if there was no problem, account balance, trades etc all of it. I am impressed. Imagine that, All is well that ends well and end well it did. I told the gentleman who called me to tell his people they did a good job and I am a happy camper.

Steven White
Steven White
October 4, 2020 3:39 pm

In about 6 month now, they never let me down. Superb execution and service!

Noble Peterson
Noble Peterson
October 2, 2020 8:39 am

Most reliable and honest broker company I’ve ever worked with. Completely trustworthy and efficient with deposits and withdraws, chat service is awesome, they always are able to help with anything with their service. They really go all out to help people. That’s what I like about them

Kamila Patterson
Kamila Patterson
September 28, 2020 7:22 pm

Chat people were great. They go me up and running when I had a lot of trouble setting up MT4. I intend to be very conservative with my trades; it may be best way to avoid implosion.

CHAT service with BlackBull Markets was very, very good!

Valentina Watson
Valentina Watson
September 21, 2020 3:46 pm

I’ve been trading with BlackBull Markets for about 6 weeks now and have been very pleased. I use their VPS service and it’s really relieved the load on my PC for me to do other things. Customer service has been very responsive if I’ve had a question. Trades are filled quickly as expected. Would very much recommend them.

Case Bailey
Case Bailey
September 15, 2020 11:40 pm

Very excellent support (live chat) fixed my log in problem in just less than an hour. Keep up the good work…

Raelynn Bennett
Raelynn Bennett
September 15, 2020 6:02 pm

Chat support was very knowledgeable and helpful, had to contact them on a couple of problems which was my fault and they got me up and running in no time with a pleasant experience

Israel Thomas
Israel Thomas
September 14, 2020 5:06 am

Very poor service for last 4 days. I do not know what have happened…Do anything to improve it!!!!

Christopher Wilson
Christopher Wilson
September 3, 2020 4:21 pm

Fast response and they really solve our problem fast. They also have a great VPS service. I am currently using it for trade.

Waylen King
Waylen King
September 3, 2020 9:07 am

really bad customer service, even to open an account. I faced many difficulties to do it. A lot of documents are needed