BlackBull Markets Review – an Award-Winning FX Broker

BlackBull Markets is a top-tier, award-winning, New Zealand FX broker with a global presence. Since inception in 2014, BlackBull Markets is now considered the fastest growing financial services company in NZ.

BlackBull Markets is a true ECN broker, with no dealing desk, specialising in CFDs, FX and Commodities for a global clientele. Led by a team of seasoned professionals with vast industry experience in forex, fintech and data security, BlackBull Markets provide some of the fastest execution speeds and lowest spreads in the market.

Why Trade With BlackBull Markets?

Which Instruments Can You Trade With BlackBull Markets?

BlackBull offer a huge array of tradeable instruments on their platform – over 26,000 at last count! This incudes:

• Indices: AUS200, JPN225, US30, UK100, DAX30, ESTX 50, SUI 20, NAS100, ESP35, FRA40, HKG 50 and the SPX500.
• Forex: 50+ including major, minor, and exotic pairs.
• Commodities: Natural Gas, WTI & Brent Oil.
• Metals: Gold & Silver only
• Futures: Copper, Soybean, Corn, Wheat & Coffee.
• CFDs: US, European, Australia, Hong Kong and NZ.
• Crypto: XRPUSD, BCHUSD, ADAUSD, DOGUSD, EOSUSD, LNKUSD and XLMUSD.

Does BlackBull Charge Commission?

This depends on which account type you hold with them. If you have the ECN Standard account, there is no commission (although you will pay a wider spread). If you hold an ECN Prime account, there is a commission charge of $6 per lot (per round turn) but you will receive a lower spread charge. Commissions are negotiable on the ECN Institutional account. 

What Leverage Does BlackBull Markets Offer?

When you trade with BlackBull, you will receive leverage of up to 1:500 – very generous indeed!

BlackBull Markets Review – Other Important Features:

Which Trading Platforms Does BlackBull Markets Offer?

BlackBull offers the world-renowned MT4 trading platform, plus MT5, WEBTRADE AND TradingView. For more information on their platforms, click here.

MetaTrader4

MT4 is an institutional grade trading platform that retail traders (like you and me) can access. It’s perfect for all traders and is the world’s most used trade platform. BlackBull’s MT4 provides traders with instant execution,  a vast array of technical indicators, an interactive charting package, plus so much more.

Trade forex, indices and commodities on MT4 with BlackBull using low variable spreads starting from 0.0 pips (see account type information below). BlackBull connects you to MT4 via the NY4 Equinix server on Wall St; thus ensuring execution speeds of 2-5 milliseconds! With less slippage, traders can trade fast and more effectively than with many other brokers.

BlackBull Markets Account Types:

• ECN Standard – perfect for beginners
  
  • Minimum deposit: $0
  • Spreads from: 0.8 pips
  • Minimum lot size: 0.01 (micro lot)
  • Leverage: 1:500
  • Commission: none

• ECN Prime – true ECN experience

  

  • Minimum deposit: US $2,000
  • Spreads from: 0.1 pips
  • Minimum lot size: 0.01 (micro lot)
  • Leverage: 1:500
  • Commission: $6 per lot (round turn)

• ECN Institutional – for traders looking for Institutional services
  
  • Minimum deposit: US $20,000
  • Spreads from: 0.0 pips
  • Minimum lot size: 0.01 (micro lot)
  • Leverage: 1:500
  • Commission: Negotiable

• Islamic Account – a swap free account that operates in full compliance with Sharia Law
  
  • Account: available in either ECN Standard or ECN Prime (see above)
  • Minimum deposit: US $0 – $2,000
  • Spreads from: 0.1 pips
  • Minimum lot size: 0.01 (micro lot)
  • Leverage: 1:500

How Quickly Are Deposits and Withdrawals Processed?

Deposits are typically instant if you use your credit or debit card. Bank transfers deposit times can vary as they usually take longer to process, depending on where the funds come from.

Withdrawals are generally processed within the next 24 hours from the request submission. Credit card and bank transfers are the only non-instant withdrawal methods. Bank transfers can take up to 5 business days.

BlackBull Markets FAQ