BlackBull Markets Reviews Read Customer Service Reviews of blackbull com
Our broker reviews are reader supported and we may receive payment when you click on a partner site. Trading costs at BlackBull Markets are about average for the industry, and will vary depending on which of its three account types you choose. BlackBull Markets has significantly expanded its range of markets with the launch of BlackBull Shares. Today, BlackBull offers over 26,000 tradeable symbols; 2,500 are available on MetaTrader 5 (716 in Prime account) and TradingView, and 311 symbols on MetaTrader 4. The table below summarizes the different investment products available to BlackBull Markets clients. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.
I like that BlackBull Markets offers the FIX API, allowing algorithmic traders to connect advanced trading solutions. Free VPS hosting from NYC Servers or BeeksFX is available for ECN Prime accounts with trading volume above 20 xcritical website lots, which is an offer I find reasonable. BlackBull Markets also supports social trading via market leaders ZuluTrade and Myfxbook Autotrade plus newcomer HokoCloud.
In my opinion, this is arguably a little high, but well within an acceptable range. High-volume traders may negotiate rebates with BlackBull Markets, and I appreciate the flexibility this broker provides in that department. The one thing I could not find, which left me disappointed, was a reference to negative balance protection.
- Ideal for technical analysis enthusiasts, TradingView combines powerful charting with a social networking aspect, allowing traders to share and discuss trading ideas.
- BlackBull Markets answers some questions in its FAQ section and describes its products and services well.
- BlackBull Markets includes the account verification with the account opening form, which I like, as it is a requirement and saves traders the extra step from the back office.
- Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team.
Removed all profits after 2 years trading
BlackBull Markets follows well-established industry practices for onboarding new traders. The research also consists of technical analysis, but the entire package costs $45 monthly. The primary regulator of BlackBull Markets is the New Zealand Financial Markets Authority (FMA). It also maintains a subsidiary, BBG Limited, authorized by the Seychelles Financial Services Authority (FSA). The Market Reviews along with their economic calendar are the only two research and analysis tools they provide via their xcritical scam website. For those traders familiar with MT4 and MT5, BlackBull Markets is definitely a very convenient broker.
At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools. Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps. We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points. I like the trading experience at BlackBull Markets due to its competitive cost structure and excellent trade execution.
Blackbull Markets Deposits & Withdrawals
BlackBull Markets is a maturing broker that has been in operation for nearly a decade and has made great strides over the last two years toward improving its value proposition to traders and investors. In our 2024 Annual Awards, BlackBull earned Best in Class honors for our Offering of Investments category. That said, BlackBull still has room to further improve against the competition. We’d love to see the broker acquire more regulatory licenses in Tier-1 jurisdictions, which would only improve its Trust Score. Georgia solved my problem and set my account up for trading in just a few minutes. I have asked for the help of an agent the last 2 days and it was first Christy and then Rodolfo the ones who helped me out with my questions.
Both of them were particularly cooperative and clarified my queries in the most professional and efficient manner. Traders can request withdrawals from the secure back office of BlackBull Markets in a straightforward process, usually completed within 24 hours except for bank wires. BlackBull Markets accepts deposits by bank wires, credit/debit cards, Skrill, Neteller, Union Pay, FasaPay, and selected cryptocurrencies.
About the Editorial Team
While BlackBull Markets does not offer bonuses, it maintains an Active Trader Account where it presents qualifying traders with monetary incentives like lower commissions or services like free VPS hosting. Given the excellent trading infrastructure and competitive trading costs, I do not consider the absence of incentives for new retail traders as a negative factor. BlackBull Markets is a New Zealand-headquartered Forex broker and FinTech company. It prides itself on speed and precision, promising traders ECN/NDD execution with deep liquidity through the MT4/MT5 trading platforms. I have conducted an in-depth review to determine if their advertised ECN, deep liquidity, and price aggregation, as well as institution-level pricing for retail traders, lives up to the hype.
Beginner traders get fifteen videos, and numerous short Trading Guides, offering an in-depth introduction to trading. While I prefer more content, BlackBull Markets presents enough information for beginners. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights, in the commission based BlackBull Markets trading account.
All client deposits remain segregated from corporate funds, and the custodian bank is the ANZ Bank. BlackBull Markets is also a member of the New Zealand Financial Services Complaints Limited (FSCL) dispute resolution scheme. Boasting over 23,000+ shares, BlackBull Markets is definitely a great alternative for stock traders. It is important to note that payment methods are subject to availability depending on the users’ country of residence.
Spreads
Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004. Justin has published over 100 finance articles from Forbes, Kiplinger to Finance Magnates. He has a Masters and Commerce degree and has an active role in the fintech community. The share trading option is ideal for those looking to invest directly in companies and potentially benefit from long-term value appreciation and dividends.
Before that, I never heard any remark from them.They even dared to say that my trading is against the ethical standard of their trading framework. To let someone trade for so long, only to then delete all profits without any proof, is as unethical as it gets. I was waiting for my application to get approved and decided to ask customer service for a status update. They provided me with an update as to why the application was taking so long and was able to give me the right information to process the application on the same day. One of the most ignored trading costs is swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade.