How To Start Trading With BLACKBULL MARKETS Broker (My Review)

What’s up Traders, in this article, we’re going to be talking about How To Start Trading With BLACKBULL MARKETS Broker (Forex & CFD).

BlackBull Markets started operating in Auckland, New Zealand, back in 2014. It combines years of institutional forex experience with an emphasis on providing resources to retail traders. 

Since the broker began using its own software as a financial services provider to offer numerous trading solutions, it has been able to combine strong trading performance with affordable pricing.

Additionally, BlackBull Markets was established as a prime broker that also provided retail trading solutions and maintained its translation facilities across major financial cities like Malaysia and London, UK, in order to increase exposure globally. 

Numerous options include various situations, assets to trade, and programmes and learning resources for active traders.

In addition to the many options available to regular traders, professional services are also available for institutional accounts, money managers, MAM, and PAMM accounts.

A New Zealand-based ECN broker called BlackBull Markets provides more than 300 tradeable instruments on the MT4 and MT5 platforms. 

I go through the spreads, minimum deposits, regulations, and login procedures for the broker’s live and demo accounts as I review the client site.

 

BLACKBULL MARKETS Information

 

• Trading Platforms
• Instruments
• Fees
• Leverage
• Mobile Trading
• Payment Methods
• Demo Account Review
• Rewards from BLACKBULL MARKETS
• Licensing
• Extraordinary Qualities
• Accounts on BLACKBULL MARKETS
• Benefits
• Drawbacks
• Trade Times
• Customer Support
• Security
• BLACKBULL MARKETS Conclusion

Black Bull Group Limited (BlackBull Markets), which was established in 2014, holds licences from the Financial Markets Authority of New Zealand and the Financial Services Authority (FSA) of the Seychelles.

With its main office in Auckland, New Zealand, the broker also maintains a support office in Kuala Lumpur, Malaysia.

Ten years of institutional experience in the FX market are provided by the organisation. 

The broker offers institutional-level fintech services to retail clients as a real ECN, No Dealing Desk brokerage.

Users have access to Myfxbook and ZuluTrade in addition to award-winning platforms and other resources. 

Prime services and PAMM accounts are also available to institutional clients.

 

Trading Platforms

 

• MetaTrader 4
• MetaTrader 5

 

MetaTrader 4

For many brokers and traders, the MT4 platform is the preferred choice. The platform provides interactive charts, close-to-instant execution, and direct market trading with top liquidity suppliers.

The platform supports both MetaScripts and Expert Advisors (EAs), which let you build your own automated trading bots. 

Additionally, traders have access to a variety of order types, a market monitor window, and hundreds of installed indicators and research tools.

The BlackBull Markets website offers different download links for MT4 for Windows and Mac computers.

Customers can access trading using any compatible web browser (Chrome, Mozilla, Firefox, etc.) on any device with the help of the online edition of MT4, MetaTrader WebTrader.

There is no need to install any additional software, and the WebTrader provides all the same advantages as the desktop version, such as a variety of indicators and drawing tools, financial news, as well as real-time pricing and quick execution.

 

MetaTrader 5

Even quicker processing times, hedging options, enhanced pending order functionality, and a wider selection of tools and indicators are all features of MT5. 

Additionally, there are more than 20 periods, a built-in economic calendar, and access to market liquidity depth.

The platform is available for immediate download from the BlackBull Markets website, but before you can begin trading, you must register for an account.

 

Instruments

Over 300 assets are available through BlackBull Markets, including over 60 currency pairs, CFDs on some of the most well-known indexes worldwide, commodities like oil and natural gas, gold, and silver. 

Although the product list is good, shares and cryptocurrency would have been nice to see.

 

Fees

BlackBull Markets offers zero pip spreads, but they normally start with the ECN Standard account at about 0.8 pip. EUR/USD live spreads begin at 0.2 pip.

In the ECN Standard account, trading is fee-free; in the ECN Prime account, the commission is $3 per lot ($6 each round turn). The commission rate with the ECN Institutional account is negotiable.

For holding positions overnight, BlackBull Markets also levies swap fees. These fees are determined on an ongoing basis by the broker and are shown in the trading interface.

 

Leverage

On currency pairs and precious metals, BlackBull Markets offers a maximum leverage of 1:500. Leverage is allowed for indexes and oils up to 1:100. The Product Disclosure Statement explains how margin call calculations are made.

 

Note: I’ll earn a referral fee (No any extra fee for you) if you sign up with them. But they are reliable in my opinion (as of this writing). I always want and find the best for you so that you don’t get into trouble.

 

Mobile Trading

For no additional charge, iOS and Android smartphone users can download the MT4 trading app. 

A complete collection of trade orders, a thorough transaction history, interactive navigator windows and charts, indicators, sketching tools, and automatic trading features are all provided by the fully functional software.

ZuluTrade, a social copy-trading platform accessible on iPhone, iPad, and Android, is another mobile trading option provided by the broker.

 

Payment Methods

 

• Deposits
• Withdrawals

 

Deposits

Deposits can be made in nine different currencies, including the USD, EUR, GBP, and AUD, using: 

• Credit cards 
• Bank wire transfers 
• Skrill 
• Neteller 
• Union Pay  
• FasaPay 

Except for bank wire, which takes one to three days to process, other choices are done promptly.

 

Withdrawals

You must withdraw money using the same method that you used to deposit it. 

Withdrawals will be processed by the broker within 24 hours. Fees for credit card, Neteller, and Skrill transactions are 5.00 in the base account currency each, while fees for international bank transfers are 20.00 in the base account currency.

 

Get trading with BLACKBULL MARKETS in 3 easy steps

Register: Apply online to complete your registration and verification.

Fund: Make your first deposit to start placing orders.

Trade: Your account is all set up!

 

For Create BLACKBULL MARKETS Account Click Here

 

Demo Account Review

A 30-day sample simulator with up to $100,000 in fictitious money is available from BlackBull Markets. 

Users can choose their own leverage level up to 1:500 and pick between the Standard or Prime account. 

Before engaging in real trading, a demo account is a crucial tool for testing trades and gaining access to genuine market data.

 

Rewards from BLACKBULL MARKETS

There are no current promotional deals at BlackBull Markets as of the time of writing. 

For any upcoming deals, traders should visit the broker’s website or social media accounts.

 

Licensing

Incorporated and registered in New Zealand is BlackBull Markets. The brokerage is a participant in the Financial Services Complaints Limited (FSCL) dispute resolution process and is registered with the Financial Services Provider Registry (FSPR) under licence number FSP403326.

By using ANZ Bank, one of the top banks in Australasia, to separate money and maintain its operational liquidity, the broker protects the security of customer cash. In general, I confident that BlackBull Markets is not a fraud.

 

Extraordinary Qualities

A range of teaching tools are available to beginners, including MT4 videos, instructions to currency analysis, and a trading dictionary. 

A calendar of economic events and news is also available for monitoring the market.

For traders who meet specific requirements, such as NYC Servers and BeeksFX, the broker also provides free VPS services. 

In addition, HokoCloud, ZuluTrade, and Myfxbook are three well-known social trading platforms.

With the help of Autochartist, the online broker will be able to provide robust market insights and automated opportunity identification. 

The plugin searches the markets and notifies users of prospective trading opportunities. It is connected with MT4 and MT5. 

It is an essential component of many traders’ toolkits and uses pattern recognition technology to continuously monitor the markets.

 

Accounts on BLACKBULL MARKETS

 

• Standard
• Prime
• Institutional

BlackBull Markets offers three basic account types (ECN Standard, ECN Prime, and ECN Institutional), as well as Islamic accounts and Active Trader accounts for clients who qualify. The accounts’ minimum lot size is 0.01 units.

 

Standard

In the Standard account, spreads begin at 0.8 pip and a $200 minimum deposit is needed. The Standard account offers commission-free trading as well.

 

Prime

In the Prime account, spreads are more affordable and begin at 0.1 pip. The minimal down payment needed is $2,000. $6 commissions are due for each round turn.

 

Institutional

Institutional account holders can access spreads starting at 0.0 pips with a minimum deposit of $20,000. 

Institutional accounts also include free VPS access, specialised MAM/PAMM platforms, dedicated 24 hour support, and customizable commission structures.

 

Benefits

There are several reasons to sign up for a BlackBull Markets account:

• Copy trading on ZuluTrade, HokoCloud, and Myfxbook
• There is no commission for trading
• Cross platform trading
• Autochartist plugin
• Academy of Trading

 

Drawbacks

Trading with this broker has a number of drawbacks, including:

• There are no Shares or Cryptocurrencies available
• No safeguard against negative balance
• US customers are not welcome

 

Trade Times

Keep in mind that GMT+2 (GMT+3 DST) is the standard server time in MT4. Mon through Fri, the FX servers are available from 0:00 to 0:00. 

The trading hours for metals are Monday through Thursday from 01:00 to 24:00 and Friday from 01:00 to 23:00. 

Crude oil trading hours are from 1:00 to 24:00, and Brent oil trading hours are from 2:00 to 24:00. (Monday to Friday). The contract specifications contain particular opening hours for indexes.

 

Customer Support

The customer service team is reachable via phone, email, and live chat every single day of the year.

Office: 120 Albert Street, Level 22, Auckland 1010, New Zealand is where the office is.

Email: Contact us at [email protected]

Phone number: (+64) 9 558 5142

 

Security

On the platforms of BlackBull Markets, all transferred data is protected via a secure SSL connection. 

The secure client portal also serves as the management hub for all client transactions.

 

BLACKBULL MARKETS Conclusion

A live account at BlackBull Markets is a fantastic idea for a number of reasons, including the firm’s reasonable spreads and extensive selection of platforms and tools. 

The variety of deposit and withdrawal choices was also well-liked. Negative balance protection would be welcome as an additional measure of safety and control, though.

 

Get trading with BLACKBULL MARKETS in 3 easy steps

Register: Apply online to complete your registration and verification.

Fund: Make your first deposit to start placing orders.

Trade: Your account is all set up!

 

For Create BLACKBULL MARKETS Account Click Here

 

Quastions about  BLACKBULL MARKETS

 

• How do I register for a BLACKBULL MARKETS live account?
• How do I create a demo account with BLACKBULL MARKETS?
• Are there any bonuses offered by BLACKBULL MARKETS?
• What are BLACKBULL MARKETS margin call and stop out levels?
• Is BLACKBULL MARKETS a fraud?

How do I register for a BLACKBULL MARKETS live account?

In only a few steps, you may create a client login and open a live account. You must verify your email address after submitting your ID verification and wait for approval.

 

How do I create a demo account with BLACKBULL MARKETS?

By completing a brief online application form and configuring your account’s customised criteria, you can create a demo account. Your demo login information will then be emailed to you.

 

Are there any bonuses offered by BLACKBULL MARKETS?

BlackBull Markets is not currently running any promotions or bonuses. On the broker’s website, you can find upcoming bargains.

 

What are BLACKBULL MARKETS margin call and stop out levels?

Margin calls are not made by BlackBull Markets. 50% is the stop out threshold.

 

Is BLACKBULL MARKETS a fraud?

Having been legally registered and incorporated in New Zealand (NZBN 9429041417799), Black Bull Group Limited (also known as BlackBull Markets) is a registered financial services provider that holds a licence from the Financial Markets Authority.

 

Get trading with BLACKBULL MARKETS in 3 easy steps

Register: Apply online to complete your registration and verification.

Fund: Make your first deposit to start placing orders.

Trade: Your account is all set up!

 

For Create BLACKBULL MARKETS Account Click Here

 

Final words

Okay, so that’s it I’ve come to the end of this presentation, I hope you’ve enjoyed it and if you really do please write a comment and click the share buttons smash it right, and click to subscribe bell to Allow notifications be updated.

Whenever, I publish content like, this and finally any questions or feedback let me know below and I’ll do my best to help, so with this guide, I hope you got value out of this presentation, I wish you good luck and good trading and I’ll talk to you soon you.

 

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