Blackbull Markets Exclusive Review for Traders (2024)

BlackBull Markets is an established online broker, that is based in New Zealand and was founded in 2014. They are licensed and regulated in New Zealand by the FMA, and in Seychelles by the FSA.

Located at: Level 20, 188 Quay Street, Auckland 1010 New Zealand. The contact phone number is; +6495585142, and their email address is: support@blackbullmarkets.com.

BlackBull Markets Review

Our review of Blackbull finds that what makes them unique, is their location in New Zealand. We have reviewed many brokers from Cyprus, but it is nice to see a broker that is different.

Another unique feature at this broker is their Copy Trader app. If you are interested in copying successful traders with a track record, then try BlackBull CopyTrader. it is a low-latency platform that allows you to copy the trades of Lead-Traders (Providers) from your MT4 or MT5 trading platform.

As a fast-growing online broker, you will see that they have a nice variety of currency pairs and assets available for trading. In addition to Forex, you will find listings for; Crypto Currencies, Shares, Market Indexes, Gold, Silver, and Oil.

BlackBull offers high leverage margin rates of up to 500:1, which is attractive for risk-taking day traders. Three different ECN trading accounts are offered, and the difference between them is the size of spreads and commissions. For a new trading account, the minimum deposit starts at $50.

The average execution speed is less than 75 milliseconds. This gives you a better chance of avoiding slippage and getting filled at the correct price you want.

Investors who are interested in trading CFDs on Crypto Currency like Bitcoin and Ethereum will see that BlackBull Markets offers very competitive spreads on Crypto.

You will see that you have a choice of MetaTrader trading platforms, either the MT4 or MT5 in desktop, web-trader, or mobile app. More advanced traders will find FIX API and VPS Servers in global locations. Money managers can open and manage MAM trading accounts, Read more.

BlackBull Markets Licenses & Regulation

Yes, BlackBull Markets is licensed by various financial regulators, depending on your country of residence. During the account creation process, you will have the option to select your regulator as either FMA New Zealand or FSA Seychelles.

The way that Scam Broker Investigator determines if a broker is legitimate or a scam, is by checking for a valid broker's license. If your broker is licensed by the government regulator, then you can assume they will follow the rules, and deal honestly with the clients.

• New Zealand: Black Bull Group Limited is located at Level 20, 188 Quay St, Auckland 1010 New Zealand. They are a registered Financial Services Provider, license number: FSP403326. They have a Derivative Issuer License, from the Financial Markets Authority.
• International: BBG Limited, located at JUC Building, Office No. F7B, Providence Zone 18, Mahe, Seychelles, is licensed by the FSA Seychelles.

Compare Other Forex Brokers

Smart investorsalways review a few different brokers, before making a final decision, look here.

ForTrade is another popular broker, and they are licensed in Australia, the United Kingdom, Europe, and Canada. Day traders and Investors enjoy their unique trading platforms, see here.