Is BlackBull Markets a regulated broker? | BlackBull Markets (2024)

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Is BlackBull Markets a regulated broker? | BlackBull Markets (2024)

FAQs

Is BlackBull Markets a regulated broker? | BlackBull Markets? ›

BlackBull Markets is regulated by the Financial Markets Authority (FMA) in New Zealand. The FMA is the primary regulatory body overseeing financial services in the country, ensuring that firms comply with the relevant laws and regulations to protect investors and maintain the integrity of the financial markets.

Is BlackBull broker regulated? ›

The Company is authorized and regulated by the Financial Services Authority in Seychelles (“FSA”) under license number SD045 for the provision of investment services.

Is BlackBull a safe market? ›

You can rest assured, BlackBull Markets is considered reliable as it is regulated by the top-tier FMA in New Zealand. I have more than 15 years of experience as a forex trader, actively trading on a daily basis with many currency pairs.

What is the rating of BlackBull? ›

Is BlackBull Markets safe? BlackBull Markets is considered Average Risk, with an overall Trust Score of 78 out of 99.

Does BlackBull Markets accept US clients? ›

BlackBull Markets will not accept clients: From OFAC-sanctioned countries. From the United States of America (USA)

How long does it take to withdraw from BlackBull Markets? ›

How to deposit and withdraw funds
MethodProcessing TimeSupported Currencies
Bank Transfer1-3 business daysMulti-currencies
Airtmup to 24 hrsMulti-currencies
CryptoInstant on approvalBTC, ETH, USDT, USDC, XRP, LTC, LINK, BCH, XLM
NetellerInstant on approvalMulti-currencies
16 more rows

How much is the commission on BlackBull? ›

If you wish to change account type, email support@blackbull.com or talk to our live support staff. How is commission charged for a Prime Account? Commission is calculated at US$3 per US$100,000 traded (US$6 for a standard round turn). E.g., if you trade 0.01 lots, round-turn commission will be US$0.06.

What happened to BlackBull Markets? ›

BlackBull Markets is Moving to blackbull.com

We are thrilled to announce that BlackBull Markets is transitioning from blackbull.com to blackbull.com as our new website domain, effective from the end of April 2023. This domain transition is purely aimed at streamlining our online presence and enhancing our...

How do I withdraw money from BlackBull Markets? ›

How do you withdraw money from BlackBull Markets?
  1. Go to the BlackBull Markets' Client Login Portal.
  2. Once logged in, select 'Withdraw Funds' under the 'Funding' section.
  3. Select your MetaTrader account you would like to make the withdrawal from.
  4. Enter the withdrawal amount and the withdrawal method.
Apr 22, 2024

Who is the owner of BlackBull Markets? ›

BlackBull Markets was founded in 2014 in Auckland, New Zealand by Michael Walker and Selwyn Loekman.

What is the minimum deposit for BlackBull? ›

BlackBull Markets requires a minimum initial deposit of US$0 to open a Standard account, US$2,000 to open a Prime account, and US$20,000 to open an Institutional account. Once the initial deposit has been made, you account balance can go below the minimum deposit amount. Subsequent deposit sizes are at your discretion.

Which is the best broker for trading in US? ›

Summary: Best Online Brokerage
CompanyForbes Advisor RatingLEARN MORE
TD Ameritrade4.4Learn More Read Our Full Review
Fidelity Investments4.4Learn More Read Our Full Review
Charles Schwab4.3Learn More Read Our Full Review
Tastytrade3.9Open Account Via Tastytrade's Website
1 more row
May 1, 2024

Does BlackBull Markets have negative balance protection? ›

BlackBull Markets provides negative balance protection. If the balance on your account goes negative, it will be covered by the broker.

Which forex broker is best in USA? ›

Find below the strengths of the best forex brokers available in the United States, updated for 2024:
  • Forex.com is the best forex broker in the United States in 2024 - Excellent selection of currency pairs. ...
  • Oanda - Great trading platforms. ...
  • IG - First-class web trading platform. ...
  • Interactive Brokers - Extremely low fees.
May 3, 2024

How do I know if my forex broker is regulated? ›

Visit FINRA BrokerCheck or call FINRA at (800) 289-9999. Or, visit the SEC's Investment Adviser Public Disclosure (IAPD) website. Also, contact your state securities regulator. Check SEC Action Lookup tool for formal actions that the SEC has brought against individuals.

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