broker

BlackBull Markets Review 2022

Updated:
4.2
Trust
3.9
Fees
4.4
Platforms and Tools
4.8
Customer Support
4.5
Tradable Instruments
4.0
Account Types and Terms
4.9
Deposit and Withdrawal
5.0
Research
2.5
Education
3.1
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Please Note: The BlackBull Markets review is based on an ECN Standard Account, using the MetaTrader 4 desktop and mobile platforms, opened with BBG Limited.

The Big Picture

Based in New Zealand, BlackBull Markets offers trading in forex, indices, commodities, stocks, and cryptocurrencies.

The company provides its services via two entities: Black Bull Group Limited (New Zealand) and BBG Limited (Seychelles).

BlackBull offers the highly popular trading platforms MetaTrader 4 and MetaTrader 5. Traders can choose between three accounts: ECN Standard, ECN Prime, and ECN Institutional. There is an Islamic Account option for each of these accounts.

Talking about available instruments, BlackBull has many commodities and indices to choose from, while the number of available stocks is low. However, the broker has a separate stock trading offering.

There are many options for deposits and withdrawals, including various base currencies. On the downside, the educational and research support is limited.

8 of BlackBull Markets Key Takeaways For 2022

  • We evaluated BlackBull Markets across 9 categories (Trust and Stability, Fees, Tradable Instruments, Account Types, Deposit and Withdrawal, Research, Customer Support, Education, and Platform and Tools).
  • BlackBull received an average score in the Trust category as the broker has entities that are regulated by Tier 2 and Tier 3 regulators.
  • The broker had a good score in the Fees category with low spreads for GBP/JPY, Gold, and Dow Jones.
  • Traders will have a wide range of options in the commodities and indices but few in stocks, which led to an average score in the Tradable Instruments category.
  • BlackBull offers three accounts (and an Islamic Account option for each), leading to a very high score in the Account Types category.
  • The broker received a high score in the Deposit and Withdrawal category due to the high number of available deposit and withdrawal options and a high number of available base currencies.
  • BlackBull’s research and educational support are weak, which led to a weak score in both categories.
  • The company got a good score in the Customer Support category due to fast and professional answers from support agents.
  • BlackBull scored highly in the Platform and Tools category as it offers the popular MetaTrader 4 and MetaTrader 5 platforms.
  • Beginner traders should note that BlackBull’s educational and research support is not strong.
  • BlackBull offers a special ECN Institutional account with tight spreads and attractive commission levels.

Who is BlackBull For?

Pro-level traders will benefit from the tight spreads and affordable commissions offered by the ECN Institutional Account.

BlackBull Pros and Cons

Pros Cons
  • Three accounts to choose from.
  • Islamic account option for each account.
  • Various base currencies for accounts.
  • A good selection of deposit and withdrawal options.
  • Weak educational and research support.
  • A limited number of stock CFDs.

 

broker

Your capital is at risk.

 

About the Author

Vladimir Zernov
Vladimir has more than 10 years of experience in the financial markets. His career as a day-trader at a proprietary trading firm goes back to 2007.
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How Do We Rate?

When trading forex and CFDs, it is crucial to know a broker's strengths and weaknesses. That is why FX Empire developed its proprietary rating system. We put the knowledge and expertise of our reviewers to work to bring you the most suitable brokers. A total of 200 variables have been analyzed to help you choose your broker wisely. This chart describes all the categories we evaluated and rated.
How Do We Rate Chart
Visit our methodology page to learn more about our review and rating process.
BlackBull Markets Main Features
☑️
Regulations
FMA (New Zealand), FSA(SC) (Seychelles)
🗺
Supported Languages
English, Spanish, Chinese
💰
Products (CFD)
Currencies, Commodities, Indices, Stocks
💵
Min Deposit
$50
💹
Max Leverage
1:500 (FMA), 1:500 (FSA(SC))
🖥
Trading Desk Type
ECN, No dealing desk, STP
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Check if...
unknownBlackBull Markets accepts clients from your country:
Choose your country:

Your capital is at risk.

BlackBull Markets Full Review

Trust

3.9
How Do We Test A Broker's Trust?
When choosing a broker, trustworthiness is one of the most important things to keep in mind. Always check the broker's regulations, know how financially secure the firm is, and find out whether the broker is transparent and reliable. These factors, calculated into our score, will help you understand if your money is safe.

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BlackBull has entities that are regulated by FMA (New Zealand) and FSA (Seychelles). The broker received an almost average score in the Trust category in our rating as its entities are regulated by Tier 2 and Tier 3 regulators.

BlackBull Regulations

BlackBull operates under two entities:

BlackBull license record on FMA.

Why is It Important to Know Where Your Broker Subsidiary Is Regulated?

Each regulator has its requirements for brokers, which may differ materially. Traders must understand these differences to evaluate whether the broker suits their needs.

For example, Black Bull Group Limited clients will benefit from the oversight of FMA, a Tier 2 regulator.

Most global clients will likely work with BBG Limited, which is regulated by FSA, a Tier 3 regulator.

Both entities offer segregated accounts, so clients’ funds will be safe in case the broker has financial problems.

Traders should note that BlackBull does not offer negative balance protection, which means that clients can lose more money than they have in their accounts. The absence of negative balance protection should be considered a material risk factor for leveraged accounts.

We have summarized key aspects of the broker’s entities in terms of regulation and safety in the table below:

Black Bull Group Limited BBG Limited
Country/Region FMA (New Zealand) FSA (Seychelles)
Regulation Tier 2 Tier 3
Segregated Funds Yes Yes
Negative Balance Protection Yes Yes
Compensation Scheme No No
Standard Leverage Up to 1:500 Up to 1:500

Is BlackBull Safe to Trade With?

BlackBull has entities regulated by a Tier 2 regulator (FMA) and a Tier 3 regulator (FSA), which provide material protections for investors. Both entities hold their client’s funds separately from the firm’s funds. The broker offers negative balance protection, which means that clients will not lose more money than they have in their accounts.

Stability and Transparency

In our tests for the Trust category, we also cover factors relating to stability and transparency. Here, we focused on how long the broker has been in business, the size of the company, and how transparent they are in terms of information being readily available.

The information about BlackBull’s entities and important legal documents can be found in a dedicated section of the broker’s website. There, clients will have a chance to analyze documents like Risk Warning, Privacy Policy, Trading Terms of Service, Product Disclosure Statement, Client Services Agreement, and Dispute Resolution Scheme.

The information about spreads and commissions can be found on the accounts comparison page. Swaps could be found in the MetaTrader platform.

In summary, our findings indicate that BlackBull can be regarded as having a high level of trust and stability due to the following factors:

  • Regulated by Tier 2 and Tier 3 regulators.
  • More than 8 years in business.
  • Transparency on regulations and fees on the company’s website.

Fees

4.4
How Do We Test A Broker's Fees?
Broker fees can be difficult to understand. We test the broker's platforms and examine commissions, spreads, and overnight fees to ensure that you can determine if trading with this broker is worth your time and money.

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BlackBull offers competitive spreads and swap fees in its Standard Account. In this account, the broker does not charge commissions. In our rating, BlackBull received a high score in the Fees category due to reasonable spreads and swap rates.

BlackBull Trading Fees

For this review, we tested BlackBull Standard Account. In this trading account, BlackBull charges spreads and swap/rollover fees. Spreads are variable and depend on the liquidity situation. Swap fees can be found in contract specifications in the MetaTrader platform.

Traders should note that BlackBull also offers Prime and Institutional accounts. In the Prime Account (minimum deposit of $2,000), traders will enjoy tight spreads from 0.1 but pay a commission of $6.00 per lot. In the Institutional Account (minimum deposit of $20,000), traders will work with spreads from 0.0 and pay a commission starting from $15 per million.

BlackBull Spreads

We tested the spread on the BlackBull Standard Account during the London open at 8am UK time and just after the US open at 2.45pm UK time. These are the most actively traded times.

Instrument Live spread AM Live spread PM
EURUSD 1.3 1.1
GBPJPY 2.0 1.7
Gold (XAUUSD) 27 23
WTI Oil 0.09 0.09
DAX 30 1.8 1.8
Dow Jones 30 2.5 1.9
Apple n/a n/a
Tesla n/a n/a

In general, BlackBull offered moderate spreads for most instruments that we measured. Spreads for GBP/JPY, Gold, and Down Jones are low.

Traders should note that spreads for WTI Oil are high. In case your trading strategy is focused on Oil, you may want to check other options.

Swap Fees

Instrument Swap Long Swap Short
EUR/USD -2.912 -0.265
GBP/JPY -1.73 -3

BlackBull’s swap fees are low compared to the average fees available in the industry. This is good for those traders who prefer to hold their positions for several days.

Are BlackBull Trading Fees Good?

BlackBull received a relatively high score in the Fees category in our rating. The spreads that we have measured were either low or medium for most instruments. However, traders should keep in mind that fees for oil were high. There are no commissions in the Standard Account.

Non-Trading Fees

BlackBull charges an inactivity fee of $10. This fee is charged if the trader does not make any transactions in 12 months.

Platforms and Tools

4.8
How Do We Test A Broker's Platforms and Tools?
Platforms are where you trade, so they must be secure, fast, and accessible while offering you the tools you need to succeed. Each broker's desktop, web, and mobile platforms are evaluated according to the order types, speed of execution, ease of use, and other 'need to know' features.

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BlackBull offers the popular MetaTrader 4 and MetaTrader 5 platforms. Both MT4 and MT5 are available in mobile and desktop versions. A web version for MT4 is also available. BlackBull received a high score for Platforms and Tools in our rating as it offers both MT4 and MT5.

BlackBull Desktop and Web Platforms

In this review, we tested the MetaTrader 4 platform. MetaTrader 4 is a well-known platform that offers a wide range of indicators and timeframes for technical analysis. MT4 is offered by various brokers, so many traders have some experience with this platform.

In general, MT4 charts are easy to configure even for novice traders after some prep work, and they surely have enough options for advanced traders who could also download and install additional indicators if needed.

MetaTrader 4 Desktop

General Ease of Use

MT4 is a very popular trading platform that suits beginners and advanced traders alike. While beginners may have some work to do to get accustomed to the platform, the information is readily available on the web, both in text and video forms, so those willing to study trading will face no material problems with MT4.

MT4 offers customizable watchlists and charts, which could be tailored to traders’ needs. The trading platform also provides copy trading and automated trading features. Traders who are new to the platform will need to spend some time learning the ropes, but the navigation is logical, so it would not be a problem.

Charts

MT4 offers:

  • 51 indicators
  • 31 drawing tools
  • 9 timeframes

Both beginners and advanced traders will have plenty of options to choose from when developing their trading strategy.

Indicators include:

  • Trend indicators
  • Oscillators
  • Volumes
  • Bill Williams
  • Custom indicators

Available time frames include 1 minute, 5 minutes, 15 minutes, 30 minutes, 1 hour, 4 hours, daily, weekly, and monthly. Some platforms offer a wider range of timeframes, but the number of timeframes provided by MT4 is more than sufficient for practical purposes.

MT4 also supports objects:

  • Lines
  • Channels
  • Gann Tools
  • Fibonacci Tools
  • Shapes
  • Arrows

Please note that there are no Elliott Waves, an essential indicator for many pro-level traders. This indicator could be purchased from third parties.

Each chart could be displayed as a bar chart, a candlesticks chart, and a line chart. While candlesticks are generally more popular among traders as there is an abundance of candlesticks patterns used to make trading decisions, other types of charts also have their fans.

Orders

MT4 provides access to main order types that you will need when trading:

  • Market order, which is used to buy or sell the instrument at the current marketplace. This order is used when a trader wants to establish a position as fast as possible. Typically, this order is necessary when the instrument’s price begins to move quickly. The main risk of this order is that you pay a spread, which is the difference between the bid price and the ask price.
  • Limit order, which is used to buy or sell the instrument at a preset price, or better. This order is used when the trader wants to establish a position at a certain level and is not willing to pay current market prices. Using limit orders is a good way to control risks because the trader controls the price that will be paid. In case of a fast breakout, the limit order may be used as an “upgraded” market order when the limit price is placed above the current market price.
  • Stop loss order, which is used to exit the position when the price is moving in the wrong way. This order is triggered when the price reaches a specified price point.
  • Trailing stop order, which is used to set a stop order that will move in case open position trends in the right direction. This order is used to protect a trader’s profits if the market direction reverses.

BlackBull Mobile App

BlackBull offers the MT4 versions for Android and iOS. In this review, we used BlackBull Mobile App for Android.

General Ease of Use

The MT4 mobile app is rather easy to use. It provides charts, quotes, account balance info, economic calendar, news, and other tools to provide traders with an opportunity to make informed trading decisions.

The mobile app does not provide all the options offered by the desktop version, but it is sufficient enough to satisfy the needs of traders who must make their decisions on the go. The app is intuitive so traders should not have problems with it. Also, there are many videos and tutorials available on the web in case you have questions about certain features of the app.

Devices

BlackBull offers the MT4 versions for Android and iOS.

Charts

MT4 mobile app offers:

  • 30 technical indicators
  • 24 drawing tools
  • 9 timeframes
  • 3 chart types

This selection of options is more than sufficient enough for mobile-based trading. Typically, the mobile app is used when the trader does not have access to the desktop platform but needs to monitor the market and open positions. While the app is helpful in certain circumstances, it cannot beat the speed of work that could be achieved using the desktop platform, which is the primary solution for active trading.

Charts

MT4 mobile app offers:

  • 30 technical indicators
  • 24 drawing tools
  • 9 timeframes
  • 3 chart types

This selection of options is more than sufficient enough for mobile-based trading. Typically, the mobile app is used when the trader does not have access to the desktop platform but needs to monitor the market and open positions. While the app is helpful in certain circumstances, it cannot beat the speed of work that could be achieved using the desktop platform, which is the primary solution for active trading.

Orders

In an MT4 mobile app, you can set market orders, limit orders, and stop orders. Trailing stops are not available on mobile trading terminals.

Your capital is at risk.

Tradable Instruments

4.0
How Do We Test A Broker's Tradable Instruments?
In this section, we check the broker’s market offering and how varied the instruments and asset classes are. It will allow you to check if they offer what you're looking for and what you can trade.

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BlackBull received an average score for Tradable Instruments in our rating. The broker’s offering is strong in the commodities and indices segments but weak in the stock segment.

 

BlackBull provides access to 41 forex pairs, 16 commodities, 50 stocks, 13 indices, and 12 cryptocurrencies. The number of available forex pairs is medium, although it should be noted that many brokers offer a higher number of forex pairs. BlackBull offers a wide range of commodities and indices, so traders interested in these segments should pay attention to this broker.

The number of available stock CFDs is low. It looks that the main reason for this is that BlackBull has a separate share trading offering, which provides access to more than 80 global markets and more than 23,000 shares. Please note that this is a separate offering that is not connected with any CFD accounts provided by BlackBull.

What are CFDs?

CFDs (Contracts for Differences) are financial instruments that allow traders to bet on securities without owning the underlying securities. The key advantage of CFDs is the access to significant leverage, which is typically not available when trading other instruments. In this light, CFDs are very popular in short-term trading.

What Can You Trade with BlackBull?

  • 41 forex pairs. Available pairs include familiar names like EUR/USD and GBP/JPY, as well as more exotic options like USD/SGD (U.S. dollar vs Singapore Dollar) or USD/ZAR (U.S. Dollar vs South African Rand).
  • 16 commodities. BlackBull offers trading in commodities like WTI Oil, Natural Gas, Gold, Silver, and others.
  • 60 share CFDs. The list includes big-cap U.S. stocks like Tesla and Apple.
  • 13 indices. Available options include S&P 500, Dow Jones, CAC 40, FTSE, and other popular indices.
  • 12 cryptocurrencies. Traders will have access to big names like BTC, ETH, XRP, and ADA.
Major forex pairs available at BlackBull
Forex Shares
EUR/USD| GBP/JPY| USD/SGD Tesla| Apple| Netflix
Indices Cryptocurrencies
S&P 500| Dow Jones| CAC 40 BTC| ETH| ADA
Commodities
Gold| Natural Gas| WTI Oil

BlackBull offers various assets to choose from, so traders will have enough choice. The number of available commodities is high, so traders interested in this market segment should take a closer look at BlackBull. The selection of indices is also richer compared to the industry average. The number of available forex pairs is average.

The broker offers a limited selection of stock CFDs for popular U.S. stocks. As we noted above, BlackBull has a separate stock trading offering.

Customer Support

4.5
How Do We Test A Broker's Customer Support?
Traders tend to underestimate customer support, but it might be a crucial feature in moments of crisis. In our rating, we check the contact methods available, how accessible a live agent is and how helpful the responses are. This information will allow you to know if a broker can provide full support when you need it.

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BlackBull provides support via online chat, email, and phone. BlackBull received a high score for Customer Support in our rating due to fast and clear responses and multiple supported languages.

BlackBull Customer Support Test

We have contacted BlackBull customer support several times, and their responses were timely and professional.

Chat support At BlackBull

Deposit and Withdrawal

5.0
How Do We Test A Broker's Deposit and Withdrawal?
The deposit or withdrawal process can be a tricky one. You may discover that there are hidden fees, or that withdrawal times are longer than you anticipated. We check these factors and others so you know what to expect when trading with this broker.

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BlackBull clients can deposit and withdraw money from their accounts via Visa, Mastercard, China Union Pay, bank wire, Skrill, Neteller, and FasaPay. BlackBull received a high score in the Deposit and Withdrawal category in our rating thanks to multiple withdrawal options and fast withdrawal time.

 

BlackBull received a high score for deposit and withdrawal in our rating. The company provides many deposit and withdrawal options and charges no fees for deposit and withdrawal. The number of base currencies used for deposit and withdrawal is also high. Traders should note that remitting banks and payment system providers charge a fee of 5.00 in the base account currency.

BlackBull Deposits

Deposit Method Base Currencies Fees Processing Time
Bank Wire USD, EUR, GBP, AUD, SGD, CAD, JPY, ZAR No 1-3 days
Visa/Mastercard USD, EUR, GBP, AUD, SGD, CAD, JPY, ZAR No Instant
Skrill USD No Instant
Neteller USD, AUD, EUR, GBP, CAD, JPY, SGD No Instant
China Union Pay USD, EUR, GBP, AUD, SGD, CAD, JPY, ZAR No Instant
FasaPay USD, EUR, GBP, AUD, SGD, CAD, JPY, ZAR No Instant

BlackBull provides multiple options to deposit funds into the account. Importantly, there are many base currencies, so clients will have plenty of options to choose from.

BlackBull Withdrawals

Withdrawal Method Base Currencies Fees Processing Time
Bank Wire USD, EUR, GBP, AUD, SGD, CAD, JPY, ZAR No 3-5 days
Visa/Mastercard USD, EUR, GBP, AUD, SGD, CAD, JPY, ZAR No 3-5 days
Skrill USD No 3-5 days
Neteller USD, AUD, EUR, GBP, CAD, JPY, SGD No 3-5 days
China Union Pay USD, EUR, GBP, AUD, SGD, CAD, JPY, ZAR No 3-5 days
FasaPay USD, EUR, GBP, AUD, SGD, CAD, JPY, ZAR No 3-5 days

For withdrawals, clients can use the same options that were used for deposits. There are several important things to keep in mind. First, while BlackBull has no withdrawal fees, a fee of 5.0 in the base account currency is charged for credit cards, Neteller, Skrill, and international bank transfer withdrawals. These fees are applied by remitting banks and payment system providers. Second, the maximum amount that could be withdrawn with each payment method except for wire transfer is equal to the amount deposited with this method. For the amounts over the deposit amount, traders should use the bank transfer withdrawal method.

Account Types and Terms

4.9
How Do We Test A Broker's Account Types and Terms?
In order to achieve your trading goals, you need to choose the right account. We evaluate each broker's account types, how easy it is to open an account with them, and the steps involved, so you can decide if it is worth your time to open an account.

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BlackBull received a high score for the Account Types and Terms category in our rating. The broker offers three types of accounts and an Islamic Account option for each of them.

 

BlackBull clients can choose from the ECN Standard, ECN Prime, and ECN Institutional accounts. Each of these accounts can be converted into a swap-free (Islamic) account.

The variety of options has led to a high score for the Account Types and Terms category in our rating.

Accounts at BlackBull

Why is Choosing the Right Account Type Important?

The account you choose must suit your needs. Typically, the trader should focus on base currency options, contract size, commission, fees, the number of pending orders/positions, and the minimum deposit size.

What Account Types does BlackBull Offer?

ECN Standard ECN Prime ECN Institutional
Commission (excluding equities) No $6.00 per lot From $15 per Million
Spread From 0.8 From 0.1 From 0.0
Minimum Deposit $50 $2000 $20,000
Leverage Up to 1:500 Up to 1:500 Up to 1:500
Islamic Account Yes Yes Yes
Demo Account Yes Yes No

BlackBull clients will choose from three types of accounts. The ECN Standard account is a commission-free, spread-based account with a low minimum deposit of $50. Traders willing to deposit more than $2000 can choose the ECN Prime account, which offers tight spreads but has a commission of $6.00 per lot. The ECN Institutional account is for traders who deposit more than $20,000. This account has a commission of $15 per million traded. All accounts offer leverage of up to 1:500.

What is CFD leverage?

CFD Leverage allows you to avoid paying the full value of the position. Instead, you pay a deposit, which is called margin, while the remaining funds are borrowed.

In BlackBull’s case, all accounts and entities offer leverage of up to 1:500. It is always good when traders have a choice of what amount of leverage they use. However, they should keep in mind that using the leverage of 1:500 is extremely risky.

BlackBull Account Opening Process

To open an account with BlackBull, go to the accounts comparison page and choose the account you want to open.

  • Step 1: Complete the application, which includes your contact details, account details, trading information, and ID verification.
  • Step 2: Confirm your email.
  • Step 3: Wait for approval from the broker.
  • Step 4: Fund your account.

What is a demo account?

A demo account is an account that allows you to test the broker’s services and your trading skills without risking your money.

Please note that your trading experience will differ when you use a demo account compared to a real-money account due to human psychology, as traders find themselves under pressure when the real money is at stake.

It’s a good idea to use the demo account for practicing and learning the trading platform, but do not spend too much time on the demo.

In BlackBull’s case, the only platform for the demo account is MetaTrader 4. Due to this, traders will not be able to test stock CFD trading with this broker.

Research

2.5
How Do We Test A Broker's Research?
Research options provided by brokers may not be seen as the most important feature for some traders, but they can give you an edge over the competition. Staying on top of important market news announcements and being aware of big themes can be very helpful. The rating system provides a clear picture of how well your broker fulfills this service.

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BlackBull received a lower score on Research in our rating due to an extremely limited research support.

 

The broker’s research support is limited to the economic calendar and market reviews. The economic calendar is a typical offering for most brokers.

Market reviews are dedicated to various topics but are limited to a maximum of one per day, which is clearly insufficient to serve as research support for beginner or advanced traders.

Market reviews at BlackBull

Education

3.1
How Do We Test A Broker's Education?
Educating yourself on how to trade the financial markets can make the difference between success and failure. We check the educational content provided by the broker, its quality and suitability for beginners and advanced traders.

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BlackBull received a relatively low score on Education in our rating. The broker offers a limited number of educational videos and articles and has no live webinars.

 

BlackBull offers trading videos, which are, in fact, a tutorial on MT4. The broker also provides trading guides – a collection of articles on various topics. A trading glossary, a typical feature for many brokers, is also provided.

It should be noted that there are no webinars, which are often used by brokers to connect to their clients and provide them with educational and research information.

The Bottom Line

Founded in 2014, BlackBull Markets has been in business for more than eight years, indicating that it is a stable company. The broker offers a high level of transparency, and all the important information about the types of accounts, commissions, fees, entities, and legal docs can be found on its website.

BlackBull offers the popular MetaTrader 4 and MetaTrader 5, three types of accounts, and a number of various base currencies for these accounts.

Traders can open an account with two entities: Black Bull Group Limited (FMA, New Zealand) and BBG Limited (FSA, Seychelles). FMA is a Tier 2 regulator, which provides a material level of protection. FSA is a Tier 3 regulator.

Among the instruments we have tested, BlackBull offers low spreads for GBP/JPY, Gold, and Dow Jones, while the spreads for Oil are high.

Available instruments include forex pairs, commodities, indices, stocks, and cryptocurrencies. The broker offers a strong selection of commodities and indices, while the number of available stock CFDs is low. However, it should be noted that BlackBull has a separate share trading offering, which is beyond the scope of this review.

For beginner traders, BlackBull has a minimum deposit of just $50. However, traders should note that the broker offers limited educational and research support.

FAQ

Where is BlackBull based?
BlackBull is based in New Zealand

Is BlackBull safe?
Clients of Black Bull Group Limited will benefit from the oversight of FMA, a Tier 2 regulator. Clients of BBG Limited will benefit from the oversight of FSA, a Tier 3 regulator.

How does BlackBull make money?
BlackBull makes money from spreads, commissions, and swaps that it charges traders.

Is BlackBull good for beginners?
Is BlackBull good for beginners?

How do I deposit into a BlackBull account?
Traders can deposit money via Visa, Mastercard, Skrill, Neteller, China Union Pay, FasaPay, and Bank Wire.

What is the min. deposit for BlackBull?
The minimum deposit for BlackBull is $50.

How do I withdraw money from BlackBull?
Traders can withdraw money via Visa, Mastercard, Skrill, Neteller, China Union Pay, FasaPay, and Bank Wire.

How long does it take to withdraw money from a BlackBull account?
Withdrawals take 3-5 days.

What is the max leverage in BlackBull?
The maximum leverage is 1:500.

How do I open an account with BlackBull?
To open an account with BlackBull, go to the accounts comparison page and choose the account you want to open.

What platforms does BlackBull offer?
BlackBull offers MetaTrader 4 and MetaTrader 5.

Does BlackBull offer a demo account?
Yes, BlackBull offers a demo account.

broker

Your capital is at risk.

See BlackBull Markets Full Information
Broker General Information
Trading Features
Other Details
Headquarters Country
New Zealand
Foundation Year
2014
Regulations
FMA (New Zealand), FSA(SC) (Seychelles)
Publicly Traded
No
Number Of Employees
55
Trading Desk Type
ECN, No dealing desk, STP
Trading platforms
MT4, MT5
Restricted Countries
United States, Russian Federation, Congo, Cuba, North Korea, Guinea-Bissau, Mali, Nicaragua, Iran, Iraq, Afghanistan, Somalia, Venezuela, Yemen, Syria, Ukraine, Central African Republic, Lebanon, Panama, Libya, Myanmar, Pakistan, Haiti, South Sudan, Spain, Sudan, Belarus, Zimbabwe, Burundi
Supported Languages
English, Spanish, Chinese
Min Deposit
$50
Max Leverage
1:500 (FMA), 1:500 (FSA(SC))
Deposit Options
Wire Transfer, Credit Card, Skrill, Neteller, Webmoney, FasaPay, China UnionPay, QIWI
Withdrawal Options
Credit Card, Skrill, Neteller, QIWI, Webmoney, FasaPay, China UnionPay
Time to Withdrawal
1
Time to Open an Account
8
Cryptocurrencies
Bitcoin, Cardano, Ethereum
Products (CFD)
Currencies, Commodities, Indices, Stocks
Demo Account
Yes
Islamic Account
Yes
Segregated Account
Yes
Managed Account
Yes
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IMPORTANT DISCLAIMERS
The content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your own due diligence checks, apply your own discretion and consult your competent advisors. The content of the website is not personally directed to you, and we does not take into account your financial situation or needs.The information contained in this website is not necessarily provided in real-time nor is it necessarily accurate. Prices provided herein may be provided by market makers and not by exchanges.Any trading or other financial decision you make shall be at your full responsibility, and you must not rely on any information provided through the website. FX Empire does not provide any warranty regarding any of the information contained in the website, and shall bear no responsibility for any trading losses you might incur as a result of using any information contained in the website.The website may include advertisements and other promotional contents, and FX Empire may receive compensation from third parties in connection with the content. FX Empire does not endorse any third party or recommends using any third party's services, and does not assume responsibility for your use of any such third party's website or services.FX Empire and its employees, officers, subsidiaries and associates, are not liable nor shall they be held liable for any loss or damage resulting from your use of the website or reliance on the information provided on this website.
RISK DISCLAIMERS
This website includes information about cryptocurrencies, contracts for difference (CFDs) and other financial instruments, and about brokers, exchanges and other entities trading in such instruments. Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money.FX Empire encourages you to perform your own research before making any investment decision, and to avoid investing in any financial instrument which you do not fully understand how it works and what are the risks involved.