BlackBull Markets Review 2020

BlackBull Markets Rated 3/5
learn more Learn more about eToro. 71% of retail investor accounts lose money when trading CFDs with this provider.
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BlackBull Markets Guide - Read our In Depth BlackBull Markets Review

This BlackBull Markets review was written by industry experts with over 20 years of financial experience in Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.
The content in this BlackBull Markets review does not apply to US users.

What is BlackBull Markets?

BlackBull Markets are an a global online financial trading platform and multi asset broker founded in 2014

Over 6 years later BlackBull Markets has grown to offering retail investors Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading.

BlackBull Markets are a global broker and have a head office in New Zealand.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

We will dive deep in this BlackBull Markets review and assess how well the BlackBull Markets platform functions in its role as an international multiple financial asset trading platform for traders in 2020.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. Choosing an online broker like BlackBull Markets can be difficult. For a beginner, the first few hurdles can come in the form of what appears to be a complex mobile or online trading platform, hard to understand investment terminology and confusing fee structures. In our review of BlackBull Markets we breakdown the pros and cons. What BlackBull Markets are able to offer, what countries BlackBull Markets are available in. Who BlackBull Markets are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

This is why we have taken the time to review only the best brokerage firms, their practices, their fee structure and all other important aspects. We want you to evaluate and analyse and trust your hard-earned cash with only the safest and best of brokers. We hope you find this BlackBull Markets review useful.

This review of the BlackBull Markets platform is very detailed. If you are interested in trading with BlackBull Markets in any capacity please take the time to read and research the whole BlackBull Markets review.

We have tried to explain the ins and outs of financial trading through the BlackBull Markets platform as plainly as possible so that you the trader are as informed as possible before you start to use the BlackBull Markets trading tools and depositing and withdrawing funds from BlackBull Markets.

Benefits of trading with BlackBull Markets

Open BlackBull Markets's Website

Your capital is at risk

Investing online can be just as risky as any other kind of offline investment. As with any investment, it is important to know and research the company you are dealing with. When trading financial assets with BlackBull Markets like Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading. you should have confidence in BlackBull Markets and know that the management of your financial investments on the BlackBull Markets platform is in good hands.

At the bottom of this BlackBull Markets review you can also learn about some pretty good alternatives to BlackBull Markets

With this BlackBull Markets review we hope to help you see if BlackBull Markets is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding BlackBull Markets that will help you get off to a good start in the world of online trading.

BlackBull Markets Review Table of Contents

BlackBull Markets review
BlackBull Markets is a Multi-Assets Trading Platform with over 60+ Assets

Learn more about BlackBull Markets. BlackBull Markets is a multi asset platform with 60+ tradable Assets. Assets available on BlackBull Markets include Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.

BlackBull Markets trades in multiple financial asset types. An asset in financial investment, is any security or asset, tangible or intangible, that has a financial value attached. This means that Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing are considered financial assets.

BlackBull Markets review
Features of BlackBull Markets

BlackBull Markets review
What you should know

BlackBull Markets offer five ways to trade: Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.

With BlackBull Markets you will need a minimum deposit of $200. You can sign up for a demo account to acquaint yourself with BlackBull Markets platform.

BlackBull Markets are able to accommodate various levels of traders whether you are experienced or a beginner.

BlackBull Markets review
Are BlackBull Markets safe?

When choosing a broker like BlackBull Markets the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2014, and in operation for 6 years BlackBull Markets have a head office in New Zealand.

BlackBull Markets is regulated. This means BlackBull Markets are supervised by and is checked for conduct by the Financial Services Providers Register (FSPR), FSPR number: FSP403326 regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to BlackBull Markets, this will be honored. If BlackBull Markets violate any regulatory rules their regulated status could be stripped.

BlackBull Markets review
Is my money safe with BlackBull Markets?

Any payments funded to BlackBull Markets accounts by traders are held in a segregated bank account.

For added security BlackBull Markets use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

What are Tier 1 banks and why should BlackBull Markets use them?

A Tier 1 bank is considered the safest and most secure regarding client capital. Tier 1 is actually a term describing the financial strength of a bank. A Tier 1 bank has strong core capital reserves and financial regulators utilize tier one banks because they are able to withstand unexpected financial losses.

What does it mean to have your funds in BlackBull Markets deposited in a Tier 1 bank?

Having any money you deposit with BlackBull Markets means that your funds are safe in a bank that has enough capital to accommodate your withdrawal wishes even if BlackBull Markets goes out of business for some reason.

Therefore, we can safely conclude that BlackBull Markets is secure and safe.

That said, please note that you can lose funds when trading in financial assets. Accounts can lose money due to either not putting enough effort into researching the markets, lack of experience or not using the tools provided by the brokerage platform.

While trading in financial investments, losing money rapidly due to trading Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing is not uncommon. Only take the risk of trading when you understand that your invested capital is at risk any time due to market volatility. BlackBull Markets also clearly state on their platform that Your capital is at risk.

Now that we have answered some important questions regrding BlackBull Markets. let us look at the BlackBull Markets features in more detail.

Try creating two accounts when you are working with BlackBull Markets. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit BlackBull Markets

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

How BlackBull Markets as a Company Compare Against Other Brokers

Broker BlackBullmarkets eToro IC Markets XTB
Year Established 2014 2006 2007 2002
Head Office New Zealand Cyprus, UK Australia Poland
Regulation Financial Services Providers Register (FSPR), FSPR number: FSP403326 Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG)
Used By 10,000+ BlackBull Markets users 12,000,000+ eToro users 60,000+ IC Markets users 250,000+ XTB users
Negative balance protection No Yes Yes Yes
Guaranteed Stop Loss No No No No
Learn More Visit BlackBull Markets Visit eToro Visit IC Markets Visit XTB
Risk Warning Your capital is at risk 71% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

BlackBull Markets review
BlackBull Markets Pros and Cons

What we like about BlackBull Markets

  • Used by over 10,000 BlackBull Markets users and traders
  • Established in 2014
  • Regulated by Financial Services Providers Register (FSPR), FSPR number: FSP403326
  • Min. deposit from $200

What we don't like about BlackBull Markets

BlackBull Markets review
BlackBull Markets Regulation and Licensing in more detail

We have checked and BlackBull Markets is regulated and supervised by reputable organisations. You are able to check every BlackBull Markets supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with BlackBull Markets. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect BlackBull Markets traders and provide a safe trading environment.

  • Financial Services Providers Register (FSPR)
  • FSPR number: FSP403326

BlackBull Markets is governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as BlackBull Markets you should be sure they're legitimate online agent.

BlackBull Markets review
Is BlackBull Markets Global?

Yes, BlackBull Markets is global as BlackBull Markets is available in over 178 countries.

BlackBull Markets is a global trading platform in the sense that it operates in 178 nations including nations in Europe, Asia, Oceania, and Africa. Major countries BlackBull Markets covers include the UK, Germany, Australia, South Africa, Thailand, the United States and China. BlackBull Markets has a total of more than 10,000 users.

BlackBull Markets review
BlackBull Markets Awards

BlackBull Markets have won numerious industry awards over the 6 years they have been operating as a financial broker. We list the most notible awards and mentions for BlackBull Markets below.

  • Uses the Award-Winning MetaTrader 4 Platform

BlackBull Markets review
BlackBull Markets Fees Explained

  • BlackBull Markets withdrawal fees varies on payment method
  • BlackBull Markets does not charge a fee for inactive accounts.
  • BlackBull Markets does charge deposit fees.

Brokers offer state of the art online trading platforms, mobile trading apps, financial research tools and educational resources. For a brokerage to maintain these services and earn revenue as a company, brokers may charge clients various fees.

How BlackBull Markets Fees Compare Against Other Brokers

Broker BlackBullmarkets eToro IC Markets XTB
Min Deposit 200 200 200 0
Withdrawal Fees varies Yes No varies
Inactivity Fees No Yes No No
Deposit Fees No Varies No
CFD Commission Fees No Yes Yes

BlackBull Markets review
BlackBull Markets Minimum Deposit

BlackBull Markets require a minimum desposit of 200 GBP/USD when opening an BlackBull Markets trading account.

A minimum deposit is the minimum amount of money required by BlackBull Markets to open a new online brokerage account with them.

Dont be scared off by brokers like BlackBull Markets charging a minimum deposit to open a trading account. Brokers that charge higher minimum deposits often offer additional premium services on there platforms that are not available for free on other platforms.

Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools.

Brokers that do not charge minimum deposits do so usually to attract new customers. They have to make some way, so transaction commissions and other fees may be higher with a low minimum deposit account.

Brokers that require a larger minimum deposit amount usually offer a greater range of trading features on their platforms. These brokers often have more in depth technical analysis and research tools and better risk management features.

As more and more online trading platforms have entered the market, minimum deposit requirements to open a live trading account have gone down as an increasing number of brokers compete for new clients.

Depending on the type of trading account you opt for some brokers require a minimum deposit as high as 6500 GBP/USD. Some brokers can go as high as 10,000 GBP/USD.

BlackBull Markets review
BlackBull Markets Withdrawal Fees

BlackBull Markets withdrawal fees vary depending on your selected withdrawal payment method.

Each broker has their own specific withdrawal rules on how your funds can be withdrawn from your trading accounts.

This is because each brokerage firm will have different withdrawal methods and each payment provider may have differing transfer processing fees and processing times.

BlackBull Markets for example allow you to withdraw your funds to Bank Transfer, Credit Card, Neteller, Skrill, Union Pay, RPNpay.

BlackBull Markets review
BlackBull Markets Inactivity Fees

BlackBull Markets does not charge a fee for inactive accounts.

An account inactivity fee is a fee charged to the registered brokerage client.

Brokers may have certain trading activity requirements that under the terms and conditions of the accounts, clients may have to fulfill.

If a clients trading account dues not have any buying and selling over a period of time as dictated by the broker an inactivity fee may be due.

Inactivity fees are not specific to online trading accounts. Many financial service companies may charge inactivity fees. Please check on the brokers website and make sure you are aware of and are happy with all the services and fees you may be charged.

If you are no longer using your trading account close it with the brokers customer support. And make sure you have a confirmation that any remaining fees are not due.

Depending on the type of account you have signed up for you can only be charged an inactivity fee under certain circumstances. As part of a brokers regulation they are required to clearly disclose any inactivity fees.

Some brokerage firms may charge inactivity fees as compensation for maintaining your account on their expensive trading platforms, in an attempt to claw back revenue for the lack of commission fees from your trading.

BlackBull Markets review
BlackBull Markets Desposit Fees

BlackBull Markets does charge deposit fees.

Some brokers may charge a fee when you deposit funds from your payment method to your trading account. This is because the payment method which you use to fund your account may accrue a fee. The fee may be a fixed fee when you deposit a specific fiat currency to your account. For example fees are known to be high when depositing funds from a credit card. This is if your broker accepts funding your account via a credit card.

BlackBull Markets review
BlackBull Markets Commission Fees

BlackBull Markets does charge commission on CFD instruments.

A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account.

A brokerage may make most of their revenue from charging registered traders a commission fee on client transactions.

Commission fees can differ depending on the trading type, financial asset type and what level of trading account you have.

Broker commissions are charged if the brokerage fulfills an order, cancels an order or modifies and order on your behalf.

If a market order is not fulfilled by your brokerage usually no commission is charged.

Be aware that if your order is modified or canceled, your brokerage may charge a commission fee.

BlackBull Markets review
What can you trade with BlackBull Markets?

Be aware that Different entities under BlackBull Markets Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client.

You can trade a wide variety of instruments with BlackBull Markets over 60 instruments infact.

If you are looking at trading currency pairs BlackBull Markets offer over 50 currency pairs.

Compare BlackBull Markets with eToro and IC Markets below.

Your capital is at risk

How BlackBull Markets Trading Options Compare Against Other Brokers

Broker BlackBullmarkets eToro IC Markets XTB
Instruments Available 60 2000 232 4000
Platforms MT4,MT5,mac,Android.iPhone/iPad Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac MT4, Mirror Trader, Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 50 50 65 50
Major Forex pairs Yes Yes Yes Yes
Minor Forex pairs No Yes Yes Yes
Exotic Forex pairs No Yes Yes Yes
Cryptocurrencies No Yes Yes Yes
Commodity CFDs        
Commodities Offered 0 31 19 21
Metals Yes Yes Yes Yes
Energies Yes Yes Yes Yes
Agricultural Yes Yes Yes Yes
Indiced & Stock CFDs        
Stocks Offered 957 100 1696
UK Shares Yes Yes No Yes
US Shares No Yes Yes Yes
German Shares No Yes Yes Yes
Japanese Shares No Yes Yes Yes
Risk Warning Visit BlackBull Markets
Your capital is at risk
Visit eToro
71% of retail investor accounts lose money when trading CFDs with this provider.
Visit IC Markets
Losses can exceed deposits
Visit XTB
82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

BlackBull Markets review
Trading on BlackBull Markets web platforms and other applications

BlackBull Markets offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

An BlackBull Markets IOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device

BlackBull Markets also offer mobile apps, for Android and iOS making it easier to keep an eye on and execute your trades while you’re on the move.


See BlackBull Markets's platforms

BlackBull Markets review
Is the BlackBull Markets Trading Platform Secure?

BlackBull Markets safeguards the personal information of its clients through SSL encryption in its PC and mobile platforms. BlackBull Markets also urges its clients through its web platform to always look for the SSL security sign (a lock sign) o the browser while operating BlackBull Markets.

BlackBull Markets review
BlackBull Markets Trading Platform Options

Once you have logged into your BlackBull Markets account you will see the below trading platform options available to you.

  • MetaTrader 4 (MT4)

BlackBull Markets does not offer the MetaTrader 5 (MT5) trading platform. If you are looking for a online platform that does support MT5 click here

BlackBull Markets does not offer the cTrader trading platform. You can find a broker that supports cTrader here

Lets explore each of these trading platforms in detail and what options BlackBull Markets gives you.

BlackBull Markets review
BlackBull Markets MetaTrader 4 (MT4)

BlackBull Markets MetaTrader 4

MetaTrader 4 also known as MT4 is the number one trading platform on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to ful fill all of your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.

Understand that the MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements with BlackBull Markets. You can learn more about the MT4 Platform here.

You can start using the MetaTrader 4 platform with BlackBull Markets in multiple formats including through an online web platform, Through a downloadable application for Windows PC's and Apple Macintosh computers. BlackBull Markets MetaTrader 4 is compatible with the latest macOS Mojave. BlackBull Markets allows traders to trade on mobile devices through Android and IOS devices like the iPhone.

Metatrader 4 Webtrader on BlackBull Markets

MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators. You can enjoy our Raw Pricing trading environment without a Dealing Desk from anywhere in the world.

Trade BlackBull Markets MetaTrader 4 on IOS Devices

You can download the BlackBull Markets app or also trade with BlackBull Markets through the MetaTrader 4 application on the Apple app store.

Download the Metaquotes MetaTrader 4 Program for free of charge from Apple's App Store. IC Markets customers have instant access to this Financial markets, with the ability to completely manage a Portfolio on the go.

Trade BlackBull Markets MetaTrader 4 on Android Devices

Andorid mobile devices and tablets are used by millions of people globally. BlackBull Markets provides its clients access to the MetaTrader 4 platform on Android supported devices so that customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android BlackBull Markets MetaTrader 4 Android application enable traders to make the most of multiple advanced trading features which enables them to monitor and trade Forex quickly on the go, simply and securely.

Trade BlackBull Markets MetaTrader 4 Trading Central

Trading Centrals Alpha Generation Indicators is a Bundle of three Major indicators including:

  • Analyst Perspectives - A go-to resource for leadership and key levels.
  • Adaptive Candlesticks - Identifies chart patterns which illustrate important changes in demand and supply.
  • Adaptive Divergence Convergence (ADC) - Much like MACD however useful at shorter lengths and provides more timely signs.

BlackBull Markets MetaTrader 4 Advanced Trading Tools

The BlackBull Markets advanced trading tools for MetaTrader 4 are aimed at improving the total trading experience and providing traders with a competitive advantage. BlackBull Markets offers access to 20 exclusive tools which includes feature rich trade execution & management programs, sophisticated notification alarms, messaging facilities, innovative market data & more.

Trade BlackBull Markets MetaTrader 4 MultiTerminal

MetaTrader 4 MultiTerminal provides a intuitive easy to use dashboard where traders can administer and supervise several trading accounts. MultiTerminal will let you manage over 100 Accounts simultaneously allowing you to place market orders, pending orders, view live market prices and track all accounts and equity at real time. All Trading accounts must be in on the same MetaTrader server. MultiTerminal doesn't support Automated Trading scripts like Expert Advisors.

BlackBull Markets MetaTrader 4 AutoChartist

BlackBull Markets Autochartist provides the world's first Market Scanner available for MT4 using a non-trading Expert Advisor script. Scan markets for trading opportunities while viewing all symbols and time intervals from a single graph. Gone are the days of launching a lot of graphs on which you can't remember which currency you're taking a look at. Autochartist offers a simple user interface that can be customized to suite how you like to trade.

BlackBull Markets Trading benefits :

  • Allows scalping
  • Offers STP
  • Low min deposit

BlackBull Markets Trading Accounts Offered :

  • Demo account
  • Standard account
  • ECN account
  • STP account
  • Islamic account

Can I try BlackBull Markets before I buy?

BlackBull Markets offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

Your capital is at risk

BlackBull Markets withdrawal and funding methods.

Please note that the list of BlackBull Markets payment methods below depend on the BlackBull Markets Entity and the Clients Country of Residence.

BlackBull Markets offer the below funding payment methods. learn more about BlackBull Markets

BlackBull Markets Payment Methods

  • BlackBull Markets accepts Bank Transfer
  • BlackBull Markets accepts Credit Card
  • BlackBull Markets accepts Neteller
  • BlackBull Markets accepts Skrill
  • BlackBull Markets accepts Union Pay
  • BlackBull Markets accepts RPNpay
Broker BlackBullmarkets eToro IC Markets XTB
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal No Yes Yes Yes
Skrill Yes Yes Yes Yes
Payoneer No Yes No Yes
Neteller Yes Yes Yes Yes

How can I start trading with BlackBull Markets?

When opening a trading account with BlackBull Markets, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on BlackBull Markets trading platforms here.

Your capital is at risk

Performing trades with BlackBull Markets

BlackBull Markets allow you to execute a minimum of trade of varies. This may vary depending on the account you open. BlackBull Markets allow you to execute a maxium trade of varies. As BlackBull Markets offer ECN and STP execution, you can expect very tight spreads with more transparency over the price you‘re paying to execute your trades.

As with most brokers, margin requirements do vary depending on the instruments.

BlackBull Markets Leverage and BlackBull Markets CFDs Explained

let's take a look at some of the basics of using BlackBull Markets leverage.

BlackBull Markets offer CFD are a leveraged product for this example we describe ten times leverage.

So you have a ten thousand dollar position but you only tie up a thousand dollars a tenth of the value on your account. You have a situation where a small sum of money is controlling a much bigger financial position. This is your leverage.

So what effect does leverage have on your profits and losses well put simply it magnifies them in both directions.

BlackBull Markets leverage magnifies both profits and losses when trading.

Let's say for example you buy ten thousand dollars worth of General Electric (GE) using contracts for difference ( CFDs ) using the BlackBull Markets trading platform.

let's say General Electric (GE) rises 10% because its results are positive your position which was worth ten thousand dollars is now worth $11,000.

It's grown by $1000 10% in value this represents a hundred percent increase on the funds initially committed on your leverage CFD trade.

Our initital investment of ten thousand dollars for the trade and has made a thousand dollars in profit because the price is up ten percent.

The BlackBull Markets leverage goes both ways. If General Electric (GE) Falls 10% on week results your position which was worth ten thousand dollars is now worth only nine thousand dollars. It has fallen by a thousand dollars.

BlackBull Markets CFDs are typically used for short to medium term trades. For example BlackBull Markets intraday trading.

Education resources at BlackBull Markets

To trade effectively with BlackBull Markets, it's important to get a have a good understanding of the BlackBull Markets trading tools and the markets.

BlackBull Markets offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with BlackBull Markets.

Take time to look around the BlackBull Markets platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at BlackBull Markets

BlackBull Markets support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

BlackBull Markets have a A grade support rating because BlackBull Markets offer over three languages.

Livechat Support at BlackBull Markets

We tested the BlackBull Markets live chat and it works well. We sent messages to BlackBull Markets livechat through their app and website and recieved a response within 8 minutes.

We tested communicating with BlackBull Markets support in multiple languages in multiple countries. BlackBull Markets where able to resolve our customer issues.

Email Support at BlackBull Markets

We sent several emails to BlackBull Markets and answer times overall were excellent. The fastest response from BlackBull Markets was less than 40 minutes and the slowest response was 9 hours. Support response times may vary for you with BlackBull Markets, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall good email support from BlackBull Markets.

Phone Support at BlackBull Markets

We called BlackBull Markets and the call was answered very quickly. The call was answered in less than 5 minutes.

The BlackBull Markets phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual BlackBull Markets team by calling in varying languages. BlackBull Markets made an effort to make sure our queries were answered.

Overall the phone support from BlackBull Markets was okay.

See how BlackBull Markets Support Compares Against Other Brokers

Broker BlackBullmarkets eToro IC Markets XTB
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian English, German, Spanish, French, Italian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
Learn More Visit BlackBull Markets Visit eToro Visit IC Markets Visit XTB
Risk Warning Your capital is at risk 71% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

What you will need to open an account with BlackBull Markets

As BlackBull Markets is regulated by Financial Services Providers Register (FSPR), FSPR number: FSP403326, every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

Be aware Please kindly note that the expiration date of Proof of address document for different entities under BlackBull Markets Brand may be different.

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 3 minutes or so to complete the account opening process.

While you might be able to explore BlackBull Markets's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with BlackBull Markets you can visit the BlackBull Markets trading platform here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://blackbullmarkets.com on November 30, 2020.

BlackBull Markets review
Watch this BlackBull Markets Explainer Video

BlackBull Markets review
Is BlackBull Markets A Good Broker?

We spent over 3 months examining BlackBull Markets in depth. Although we found some very useful aspects of the BlackBull Markets platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative BlackBull Markets broker.

  • BlackBull Markets have a good track record of offering Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.
  • BlackBull Markets has a history of over 6 years.
  • BlackBull Markets has a reasonable sized customer support of at least 10.
  • BlackBull Markets are regulated by Financial Services Providers Register (FSPR), FSPR number: FSP403326. This means BlackBull Markets fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • BlackBull Markets have regulation from a Tier 1 reputable country.
  • BlackBull Markets has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • BlackBull Markets have an international presence in multiple countries. This includes local BlackBull Markets seminars and training.
  • BlackBull Markets are able to hire people from various locations in the world who can better communicate in your local language.

BlackBull Markets Risk Disclaimer

Your capital is at risk

BlackBull Markets review
BlackBull Markets not quite right?

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BlackBull Markets review
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BlackBull Markets review
BLACKBULL MARKETS Frequently Asked Questions

Can I try BlackBull Markets before I buy?

BlackBull Markets offer a demo account so you can try the BlackBull Markets platform before you put down a payment. Learn more here

What funding methods do BlackBull Markets accept?

Please note that the list of payment methods below depend on the BlackBull Markets Entity and the Clients Country of Residence.

BlackBull Markets offer the following funding payment methods Bank Transfer, Credit Card, Neteller, Skrill, Union Pay, RPNpay, among other payment methods.
Learn more here

Your capital is at risk

Is BlackBull Markets safe?

BlackBull Markets are considered safe as they are regulated by and checked for conduct by the Financial Services Providers Register (FSPR), FSPR number: FSP403326. Any payments funded to BlackBull Markets accounts by traders are held in a segregated bank account. For added security BlackBull Markets use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Is BlackBull Markets trading good?

BlackBull Markets is considered good and reputable to trade with BlackBull Markets. BlackBull Markets is used by over 10000 active traders and BlackBull Markets users. BlackBull Markets offers Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading. Minimum deposit with BlackBull Markets is 200.

Is BlackBull Markets trading Legit?

BlackBull Markets was founded in New Zealand in 2014. BlackBull Markets has been facilitating trade on the financial markets for over 6 years. BlackBull Markets offers clients Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading. All funds deposited to BlackBull Markets are held in segregated tier 1 bank accounts for security. BlackBull Markets is regulated by Financial Services Providers Register (FSPR), FSPR number: FSP403326 so can be considered legit.

Is BlackBull Markets a good broker?

BlackBull Markets is overseen by the top tier financial regulators Financial Services Providers Register (FSPR), FSPR number: FSP403326 so can be considered a good broker. BlackBull Markets allows Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading.

Is BlackBull Markets trustworthy broker?

BlackBull Markets can be considered trustworthy. All money funded to BlackBull Markets is placed into a segregated tier 1 bank account. this means your money in not held by BlackBull Markets directly but a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also BlackBull Markets is regulated by Financial Services Providers Register (FSPR), FSPR number: FSP403326.

What is the minimum deposit for BlackBull Markets?

The minimum deposit to trade with BlackBull Markets is 200.

How long do BlackBull Markets withdrawals take?

Withdrawing money from BlackBull Markets processing time varies but averages 2-5 days.

Is BlackBull Markets regulated?

BlackBull Markets is regulated by Financial Services Providers Register (FSPR), FSPR number: FSP403326.

Is BlackBull Markets a market maker?

BlackBull Markets is a market maker. Stocks, currency and other commodities and instruments will be purchased by BlackBull Markets even if no buyer is lined up.

How can I start trading with BlackBull Markets?

When opening a trading account with BlackBull Markets, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on BlackBull Markets trading platforms here.

Is my money safe with BlackBull Markets?

BlackBull Markets is regulated by Financial Services Providers Register (FSPR), FSPR number: FSP403326. One of the most important criteria for traders when choosing a broker like BlackBull Markets is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to BlackBull Markets, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is BlackBull Markets a con?

BlackBull Markets is regulated and well established having been in business for over 6 years. BlackBull Markets is definitely not a con.

Can you make money with BlackBull Markets?

Although traders have had great success with BlackBull Markets. Trading on the financial markets with BlackBull Markets is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.

Does BlackBull Markets have fees?

BlackBull Markets withdrawal fees varies on payment method. BlackBull Markets doesn't charge inactivity fees. BlackBull Markets does charge deposit fees.

When was BlackBull Markets founded?

BlackBull Markets was founded in 2014.

How many people use BlackBull Markets?

BlackBull Markets is used by over 10000 registered BlackBull Markets users.

What is BlackBull Markets Headquarters country?

BlackBull Markets has its head quarters office in New Zealand.

Does BlackBull Markets offer negative balance protection?

BlackBull Markets does not offer negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.

Does BlackBull Markets offer guaranteed stop loss?

BlackBull Markets does not offer guaranteed stop loss. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does BlackBull Markets allow scalping?

BlackBull Markets offers scalping.

Does BlackBull Markets allow hedging?

BlackBull Markets does not offer hedging.

Does BlackBull Markets offer CFD trading?

BlackBull Markets offers CFD trading.

Does BlackBull Markets offer STP?

BlackBull Markets offers STP trading.

How many people use BlackBull Markets?

BlackBull Markets is used by over 10000 BlackBull Markets users and traders.

Is BlackBull Markets an ECN broker?

BlackBull Markets offers ECN trading.

Does BlackBull Markets offer a demo account?

BlackBull Markets offers a demo account.

Does BlackBull Markets offer an Islamic account?

BlackBull Markets offers a Islamic accounts.

What are the funding methods for BlackBull Markets?

BlackBull Markets accept the following funding methods : Bank Transfer, Credit Card, Neteller, Skrill, Union Pay, RPNpay.

BlackBull Markets review written by Andrew Blumer and Mark Hansen

We hope you found our review of the BlackBull Markets brokerage firm useful.

This article was written by our financial editor Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

BlackBull Markets review written by Mark Hansen of Comparebrokers.co