BlackBull Markets- Forex, CFDs & Commodities

BlackBull Markets is a regular MetaTrader broker that offers multiple ranges of trading instruments along with third-party social copy trading features. Additionally, with 64+ currency pairs operating in more than 180 countries BlackBull forex broker is one of the top forex brokers in the world. Started in 2014 the broker has been gaining a grip with an increasing number of traders. Let’s get to know more from this BlackBull Markets review.

BlackBull Markets started its journey from Auckland, New Zealand, in 2014. It is a technology-focused broker that aims to provide one of the best trading experiences to retail as well as institutional traders.

Although the broker started in one country, it now offers service to 180+ countries around the world. BlackBull also always improves the client’s user experience. And now they offer 26,000+ tradable instruments using the MetaTrader 4 and MetaTrader 5 platforms.

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.

Top Features

• Great Trading Conditions: BlackBull Markets offer excellent trading conditions. They provide starts from as little as 0.0 pips, fast execution feature, 26000+ trading instruments, and maximum 500:1 leverage.
• Educational Resources: The broker offers multiple educational resources such as a forex calendar, trading resources, educational resources, videos, and more. In addition to that, you may also share your knowledge with others regardless of your experience.
• No Fees on Deposits: You don’t have to pay any deposits to fund your BlackBull trading account. Additionally, you will get a huge number of funding methods depending on your location.

                                BlackBull Markets Quick Summary

 

🏢 Headquarters	Auckland, New Zealand
📆 Established	2014
🗺️ Regulation	Financial Services Authority in Seychelles (“FSA”)
🖥 Platforms	FreshForex MT4, FreshForex MT5
📉 Instruments	BlackBull Markets MT4, BlackBull Markets MT5
💳 Minimum Deposit	$0
💰 Deposit Methods	Visa/Mastercard, Skrill, Neteller, Bank Transfer, Union Pay, fasapay, BlackBull Markets Crypto and more
📱 Mobile Trading	Available
🌍 Web Trading	Available
💵Minimum Trade Size	0.01
🎢 Maximum Leverage	Up to 1:500
🌍 ECN	Available
🤖 Robots	Available
🎯 Scalping	Allowed
☎ Customer Support	24/7

 

BlackBull Markets : Regulation and Safety

The Seychelles Financial Services Authority (FSA) in Seychelles regulates the BlackBull Markets. The authority is mainly responsible for overseeing the non-bank financial institution, which also provides a legal framework for companies regarding financial services. Also, the broker uses tier-1 banks in New Zealand to keep your funds. Therefore, your deposit remains safe with the broker.

Markets Offered

BlackBull offers several market instruments to their traders, including forex, commodities, index and share CFDs, precious metal, and energy.

Forex

BlackBull aims to provide the lowest possible cost for its traders. As forex is the largest market in the world, the broker offers a flexible BlackBull Markets leverage to the clients, which is 500:1, while the spreads start from 0.0 pips. And you will get a reliable trading infrastructure. With all these features, you will have access to more than 64 forex pairs.

Index and Share CFDs

With BalckBull’s diverse index and Share CFDs, you can now diversify your portfolio. The broker offers ultra-low latency trading on CFDs. And they use a straight-through process with their trading technology. The share class includes Australia, New Zealand, the USA, Europe, and Hong Kong.

Commodities

You can get access to numerous commodities with BlackBull. Commodities are considered primary resources used in the industry, food production, daily consumption, etc. Commodities are usually affected by different factors. Hence, trading with a good broker will help you to stay safe even though the market moves abruptly.

You can trade London Coffee Futures, US Cotton Futures, Corn Futures, US Coffee Futures, London Sugar Futures, Wheat Futures, Soybean Futures, Cocoa, and more.

Precious Metals

While there are many precious metals in the world, BlackBull gives you access to gold and silver trading. This metal trading will give you the opportunity to diversify your trading strategy. Nevertheless, gold and silver are risk-free investments and considered safe haven assets if there is any economic crisis. A lot of traders usually hold a small portion of metals for future survival.

Energy

Gas and Oil are essential energy sources in the world as well as in the online trading market. And BalckBull Market offers low-cost pricing models for these energies in their platform. Therefore, you can trade these energy resources with flexible BlackBull Markets leverage while also getting a fast execution speed.

Precisely you can trade Natural Gas, Crude Oil Brent, and West Texas Intermediate Crude Oil.

Shares

The share instrument offers more than 26,000 shares with access to more than 80 global markets. And you will get the lowest fees in the market as well as without any monthly fees.

The BlackBull share trading offers more than 70 types of the order along with extra trading hours. Other features you will get advance level analysis tools, impact dashboard filters and get data from more than 66 third-party feeds.

BlackBull Markets Account Types

Mainly BlackBull Markets offer four different types of forex accounts, which includes Standard, Prime, Institutional, and Islamic. Additionally, you will also get a demo account to check all these accounts along with the broker.

Demo Account

BlackBull Markets offer 30 days practice account, which will have $100,000 in virtual funds. You can use this fund to start demo trading and understand the market as well as the broker. However, any profit made from the demo account cannot be withdrawn. You don’t need to provide any personal info or credit card info to open a demo account. A valid email address is good enough for a start.

However, if you are not ready after 30 days, you may sign up for another account using a different email address. That’s how you may open an extra account to keep practicing.

Standard Account

Once you have completed your practice session, you can choose to play with the real account. And initially, you may start with the Standard ECN account. You don’t need to deposit a huge amount to get started, as the BlackBull forex standard account doesn’t have any minimum deposit requirements. Hence, you can start with any amount. However, we recommend starting with $200.

This account doesn’t impose any commission and also has a low spread. 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.

Other top features of Standard Account are-

• Zero commission, meaning that you don’t need to pay any commission for any trade you initiate.
• No BlackBull Markets minimum deposit requirements.
• The leverage amount is 1:500. This is the maximum level which may get lower depending on your account status and situation.
• This account offers micro lots as low as 0.01.
• The BlackBull Markets spreads in this account start from 0.8.

Prime Account

This account is suitable for experienced traders who want to trade a bulk amount or want to invest more and get account benefits such as low spreads. However, you will need to pay commissions. With Prime Account, BlackBull Markets offer $6 per 100k trade. Nevertheless, it is considerably low.

Other top features of Prime Account are-

• Since this account is for advanced traders, and BlackBull will provide you with some unique features, you may expect a minimum deposit requirement.
• The initial BlackBull Markets minimum deposit is $2000, meaning that you can deposit any amount afterward.
• The leverage amount remains the same as the Standard account.
• The prime account offers trading with micro lots.
• Last but not least, you will get access to all the offered tradable asset classes.

Institutional Account

If you have a large company or want to invest a huge amount of money, you can try an Institutional account. It is mainly for the big investors, and anyone cannot open an Institutional account, and further verification is required.

Features of Institutional Account are-

• The initial minimum deposit is $20,000, and you can deposit any amount after that.
• Free access to Virtual Private Hosting (VPS). This will accelerate the trading speed, and you will not miss any fraction.
• While the commission rate is $3 per lot, you may also ask for a customized commission structure if you are consistent with your trading.
• You will get 24/7 dedicated support for any kind of technical issues.
• Additionally, you may also ask for a customized MAM/PAMM platform if needed.

Islamic Account

BlackBull also keeps Islamic traders in their mind and offers Islamic accounts too. They provide separately for Muslims because paying or receiving interest is forbidden in Islam. So, the broker created swap free trading account, which also has the regular account features. However, you cannot just ask for an Islamic Account. You will have to provide evidence for your needs.

Trading Platforms

Although the BlackBull forex offers its service via MetaTrader 4 and MetaTrader 5, it also offers TradingView. Let’s get to know each platform offered by BlackBull.

BlackBull Markets MT4

MT4 is the world’s top forex trading platform. Using the BlackBull Markets MT4, you can trade on mobile, tablet, web, and desktop. Whatever device you use, you will get its versatility with access to Expert Advisors, Trading Signals, price analysis, and copy trading features.

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 accounts. And the Multiterminal with spread the order size automatically to all connected accounts according to your setting.

It is best for traders who manage different personal accounts as well as multiple investors’ accounts. However, you will get the simple interface of regular BlackBull Markets MT4.

Top Features of BlackBull MT4 MultiTerminal

• You can manage 128 real accounts along with ten demo accounts from an MT4 MultiTerminal.
• A single click will be good enough to close, open or even alter the position or orders.
• You can have multiple order execution modes.
• The order volume can be spread using five different preset ways.
• You can manage the transaction with an internal report system.

BlackBull Markets MT5

MT5 is one of the premium trading platforms in the world, which offers comprehensive price analysis for traders. MT5 WebTerminal gives the opportunity to trade from any browser using any operating system. And you don’t need to install any kind of software to use the MetaTrader 5 WebTerminal.

Overall, you will get fast speed, user-friendliness, and efficiency. Although MT5 has its own server, it uses BlackBull’s access server instead of using the common server. This gives an encrypted transmission and ensures integrity alongside the ultimate security of your fund and trading.

Nevertheless, the BlackBull Markets MT5 WebTerminal can work as its mobile application alternative. And traders can just use it from the mobile browser regardless of the operating system. Hence, you don’t need to download any apps on your android or iOS devices.

BlackBull Markets Broker: Deposit & Withdrawal Methods

BlackBull offers a variety of deposit and withdrawal methods. All the methods are easy and straightforward. They accept nine currencies for the deposit, which include the United States Dollar (USD), Euro (EUR), Great British Pound (GBP), Australian Dollar (AUD), New Zealand Dollar (NZD), Singapore Dollar (SGD), Canadian Dollar (CAD), Japanese Yen (JPY) and South African Rand (ZAR). Additionally, BlackBull forex also allows cryptocurrency for deposit. While there are many deposit and withdrawal methods, the most popular ones are Credit, Debit cards, Bank Transfer, UnionPay, Neteller, Skrill, and fasapay.

The deposit can be made free of cost, while the BlackBull Markets withdrawal method requires 5.00 Base Account Currency. Deepening on your BlackBull Markets withdrawal methods, it may take around 3-5 days to get the mine in your account.

Blackbull Markets Education

The brokers have several forex education features, which include Education Hub, Market Analysis, and Economic Calendar. The Education Hub gives you comprehensive knowledge of forex, share, and cryptocurrency. All these features aim to provide accurate knowledge and understanding of forex and overall trading.