Black Bull Markets

BlackBull Markets is a regulated broker. It maintains regulatory oversight from New Zealand’s Financial Markets Authority (FMA) and the Seychelles Financial Services Authority (FSA).

Regulatory Overview: BlackBull Markets is a globally recognised broker regulated by several financial authorities, including:

Client Protection Measures: BlackBull Markets implements several measures to enhance client security:

• Segregation of Funds: Client funds are held in separate accounts from the company’s operational funds, ensuring that your capital is protected from company liabilities.
• Negative Balance Protection: This feature ensures that clients cannot lose more than their deposited funds, protecting against extreme market volatility.
• Transparent Operations: BlackBull Markets adheres to international best practices, including regular audits and compliance with anti-money laundering (AML) policies.

With a range 26,000+ instruments, Blackbull also offers trading on 40 major cryptocurrencies, including Bitcoin, Ethereum and Litecoin. It also offers an investing platform to invest in real shares. 

• Forex: Over 70 currency pairs including majors like EUR/USD, GBP/USD; minors such as EUR/GBP, AUD/JPY; and exotics like USD/ZAR.
• Indices: Trade CFDs on global stock indices including the S&P 500, NASDAQ 100, FTSE 100, DAX 30, and ASX 200.
• Commodities: Includes precious metals like gold and silver, energy products such as crude oil and Brent.
• Shares: Access CFDs on shares from leading companies listed in the US, UK, Germany, and Australia.
• Cryptocurrencies: Trade popular crypto CFDs like Bitcoin, Ethereum, and Litecoin, with 24/5 market access.

The account opening process at BlackBull Markets is user-friendly, and accounts are ready for trading within one day.

BlackBull Markets offers three primary account types tailored to different trading needs: the Standard Account, the Prime Account and the Prime + Account. While all accounts provide access to the full suite of tradable markets, they differ in pricing structure, target audience, and platform availability. This allows traders to select an account that best aligns with their style—whether focused on simplicity or ultra-low FX spreads.

ECN Standard account: BlackBull’s commission-free Standard Account caters to beginner traders, with no minimum deposit requirement. Spreads start at 0.8 pips on the EUR/USD, and there are no commission fees for Forex trading. 

ECN Prime Account: The Prime account’s minimum deposit is also 0 USD, and spreads start at 0.1 pips (EUR/USD) in exchange for a commission of 6 USD (round turn). These trading fees are considered very low by industry standards.  

Prime+ Account: Also starting at 0 USD, spreads start at 0.0 pips (EUR/USD), and commission rebates are available. Trading fees on this account are some of the lowest in the industry.

BlackBull offers a wide range of mobile trading platforms, including MetaTrader 4 and 5, cTrader, TradingView, BlackBull Invest and BlackBull CopyTrader. All are available on iOS and Android. See below for further details.

MetaTrader 4 and MetaTrader 5

MT4 and MT5 are the most widely available trading platforms, and if you choose to migrate to another broker, you will be able to take your custom settings with you. For more information on MT4 and MT5, please see our trading platform page. MT4 and MT5 are available for both Android and iOS through Blackbull. 

cTrader App

cTrader is one of our favourite trading platforms, and BlackBull is one of a handful of brokers that supports it. Its clean design makes it easy for beginners to pick up, but it also has the advanced order types and automation options required by more experienced traders. The BlackBull cTrader app keeps most of the best parts of the desktop version, including the complete range of order types, price alerts, trade analysis, and symbol watchlists.

TradingView

TradingView is free of charge for traders who open a live account. It is an excellent tool for researching, charting, and screening any instrument. Additional features of  Blackbull’s TradingView tool include:

• 50+ intelligent charting tools
• Over 100,000 custom user-built indicators and scripts
• Synchronised layout for multiple charts

BlackBull Invest

As the name suggests, BlackBull Invest is a share trading platform with access to 80+ global markets and 26,000+ shares, all from one easy, retail-accessible interface. However, in order to access the platform, new traders will have to deposit a minimum of 1,000 USD. Other features include:

• 70+ Order Types
• Extended Trading Hours
• ESG/ Impact Dashboard Filters
• Advanced Analysis Tools
• Data Feeds From 66+ Third Parties

BlackBull also offers very competitive fees on the assets. For example, on US assets, they charge commission of $0.06 USD per share, a minimum of $10 USD per trade and a maximum of 0.4% of the trade value. 

Blackbull Invest is available for download on both Android and iOS.

BlackBull CopyTrader

BlackBull CopyTrader is an award-winning platform designed to connect traders to elite fund managers with a track record of success and proven trading strategies. Blackbull CopyTrader is available for download on both Android and iOS.

Blackbull has a large selection of trading platforms to choose from.

TradingView

TradingView is free of charge for traders who open a live account and trade one lot per month or more. One of the best platforms on the market, it is an excellent tool for researching, charting, and screening any instrument. Since Tradingview is currently only offered by a small selection of brokers, we were pleased to discover that it is available at Blackbull.

Tradingview has more timeframes than MT4 and MT5, more indicators, and uses a simple coding language called PineScript. Originally a charting package, it also comes with numerous customisable options. Please note that Tradingview is only accessible on a web browser.

MT4

The MetaTrader 4 Platform (MT4) is the world’s most popular online Forex trading terminal. It has a straightforward interface and is considered easy-to-use for novice and experienced traders.  It is also widely recognised for its fast execution speeds, range of charting tools, algorithmic trading, and customisability. However, only basic orders are available, such as Market, Limit, Stop, and Trailing Stop.

MT5 

MT5 is the newer version of MT4 and is also available at BlackBull. We recommend using MT5 if you are looking for a more powerful and faster trading platform for back-testing functionality for automated trading. Additionally, traders prefer MT5 for its depth of market display, additional technical indicators, and analytical tools.

Blackbull Invest

The features on the web-based platform are the same as for mobile; access to 80+ global markets and 26,000+ shares, 70+ order types, and advanced analysis tools.

Trading Tools 

The selection of trading tools includes a VPS service and various social trading platforms. 

VPS Service

BlackBull Markets offers free VPS services to it’s clients that meet the requirements of having a BlackBull Markets account, a minimum of $2,000 deposit and 20 lots traded across forex pairs or metals per month. Otherwise, the hosting service costs 30 USD/month.

Social Trading

We found that Blackbull offers an excellent social trading experience compared to other brokers.

ZuluTrade

Through the ZuluTrade social trading platform, Blackbull clients can gain exclusive access to a vast pool of professional traders and trading systems. It lets users locate successful traders and follow their trades, which are translated into real trades in their accounts. Note that traders will have to contact Zulutrade directly about possible platform costs.

MyFxBook 

As one of the most popular copy trading platforms on the market, MyFXBook is a service where you can copy trades from top successful FOREX trading systems. It allows you to copy the trades of any system you select directly into your Blackbull MetaTrader 4 account. 

BlackBull CopyTrader

Blackbull CopyTrader is a platform that allows you to copy the trades of Lead-Traders (Providers) from any MT4 or MT5-based broker. It also comes with a large amount of risk management tools, is free to use, and doesn’t require any minimum deposit.

Trading Tools Comparison

Broker

Economic Calendar

Autochartist

Trading Central

Trading View

Free VPS

VPS services are usually offered free with a minimum trade volume, otherwise a monthly subscription fee will apply. VPS services are usually hosted by third-party companies.

BlackBull Markets

Yes

No

No

Yes

Yes

Skilling

No

Yes

No

Yes

No

Pepperstone

Yes

Yes

No

Yes

Yes

As a regulated broker, Blackbull ensures that all Anti-Money Laundering rules and regulations are followed.

The range of deposit and withdrawal methods offered includes bank wire transfers, credit/debit cards, cryptocurrencies, Skrill, Neteller, and other Payment Service Providers such as fasapay.

Deposits for all payment methods are free, although clients may have to absorb fees charged by their various banking institutions. 

Accepted Deposit Currencies: Blackbull accepts the following deposit currencies: USD, EUR, GBP, ZAR, AUD, NZD, SGD, CAD, and JPY. Traders should, however, note that the Skrill account is a USD account, which can be funded with multiple currency options, but doing so may incur exchange rate fees.

Funding Methods: Blackbull offers a good range of payment methods and does not charge fees for deposits or withdrawals, but be aware that some payment providers will apply additional charges. Withdrawals are normally processed within 24 hours, but if you are using bank wire or credit card, it may take an additional 3-5 days for the funds to arrive in your account.

Courses, Articles and Videos – A well-structured selection, including step-by-step guides, videos, and tutorials divided by subject: Forex, Shares, Commodities, Cryptocurrency and Platforms. They are also segmented according to experience level.

Live webinars – Blackbull offers monthly free webinars to help customers stay updated with the latest market events and sharpen their trading skills. If you missed out on any earlier webinars, they are available on Blackbull’s Youtube channel.

Demo Account – Blackbull allows customers to start trading on a free demo account. That way, they can familiarise themselves with the platform and learn how the market works without taking any real risks. Therefore, a demo account suits beginners and traders who want to experiment with new asset classes. Virtual funding is 100 000 USD and expires after 30 days. 

Blackbull offers support via telephone, email, messenger services, and live chat 24/7. When contacting them via their live chat, we received fast and polite answers to our questions.