Black Bull Markets is an ECN broker that is highly regarded among clients around the world. It offers numerous financial instruments. What are the offer details?
What is Black Bull Markets?
Black Bull Markets is a regulated ECN broker. The company was founded in 2014 in New Zealand. Currently, it serves customers from over 180 countries around the world. It offers numerous financial instruments, including stocks and CFDs on numerous assets such as currencies, stocks, indices, commodities and cryptocurrencies. The company has received many awards for its activity in its industry:
- 2022 - Best Global FX Broker - ForexExpo Dubai 2022,
- 2022 - Best ECN Broker 2022 (BrokerTested.com),
- 2021 - Deloitte Fast 50,
- 2020 - Best NZ Forex Broker (Compareforexbrokers.com),
- 2019 - Deloitte Fast 50,
- 2018 - Deloitte Fast 50,
- 2018 - APAC Technology Fast 500.
What regulatory bodies does Black Bull Markets fall under?
Black Bull Markets is headquartered in New Zealand. The broker is regulated by the financial supervision authorities: FMA (Financial Markets Authority) and FSA (Financial Services Authority).
Markets broker contact details
The company's registered office is at: Level 20, 188 Quay Street, Auckland, 1010.
The broker's website provides an email address for contact: support@blackbullmarkets.com. The broker can also be contacted at the two phone numbers provided on the website, as well as via live chat. Customer support is available 24/7. It is worth noting that the company is also present in social media : Facebook, Instagram, Twitter, LinkedIn and YouTube.
Visit Black Bull Markets
Markets broker offer? Basic information
The broker offers a total of 26,000 financial instruments on all its platforms. Among them, there are 64 currency pairs (majors, crosses and exotics), shares of American companies and CFDs on Forex, indices, commodities, stocks, futures and cryptocurrencies .
Black Bull Markets offers 3 types accounts: ECN Standard, ECN Prime and ECN Institutional. In addition, there are Islamic accounts on offer, which do not charge or charge swaps. They are a variant for each of the three types of accounts mentioned. You can try a demo account before signing up for a real trading account.
The ECN Standard account is an excellent choice for traders who are starting their adventure with the market. A small deposit, no commission and access to all trading instruments allow you to gain the necessary trading experience.
The ECN Prime account is designed for more advanced traders who are looking for a market advantage. It offers a low spread (from 0.1 pips) and a small commission ($6/lot for a trade of $100k).
ECN Institutional is an account for traders looking for services and functionalities dedicated to institutions. For the largest traders, the broker offers accounts tailored to the client's needs.
The conditions for individual accounts are presented in the table below:
What is the ECN model?
Unlike the MM (Market Maker) model in which most forex brokers operate , the ECN broker is only an intermediary between the real market and the client. In this model, there is no conflict of interest between the client and the broker. The broker's remuneration is a commission charged on each transaction.
Available platforms on Black Bull Markets
Black Bull Markets broker offers the popular MetaTrader 4 (MT4) platform, appreciated for its ease of use and simplicity, and the more sophisticated Metatrader 5 (MT5) platform, which includes more indicators and features.
Investors can also benefit from the experience of other traders through ZuluTrade, MyFxbook and BlackBull Copy Trade System.
Reviews about Black Bull Markets. Is it worth trading with this broker? Leave your opinion, comment!
can find numerous opinions and comments on the web about the Black Bull Markets broker. We will not find any warnings. The vast majority of opinions are positive. On the website dedicated to rating companies from various industries - https://www.trustpilot.com/review/, the broker received 4.4 stars out of 5 with 131 votes. 77% of voters chose the highest rating and 7% the good one. If you want to share your opinion about the Black Bull Markets broker, be sure to do so in the comment below this material. Comments are not removed by the administration and are very good support for people who are wondering whether to open an account with this broker. Your comment can help as well as hurt the broker, so try to formulate your opinions objectively.
Black Bull Markets - education investor . Does Black Bull Markets provide educational materials?
The website of the Black Bull Markets broker has a well-developed educational section where we can find rich materials for both beginners and advanced traders. It includes numerous market analyses, educational videos, an economic calendar, explanations of trading concepts and articles on various issues important to traders. The educational materials are organized by type of asset (Forex, stocks, commodities, cryptocurrencies) and by the level of advancement of the trader (beginner, intermediate and advanced).
In what currencies is the investment account maintained?
Account deposits can be made in the following currencies: US Dollar (USD), Euro (EUR), British Pound (GBP), Australian Dollar (AUD), New Zealand Dollar (NZD), Singapore Dollar (SGD), Canadian Dollar (CAD), Japanese yen (JPY) and South African rand (ZAR).
How to top up your account?
Funds can be deposited via international bank transfer - SWIFT, for euros - SEPA and in the UK - Faster Payments . Another option is to deposit via Visa or Mastercard. The remaining methods payments include : Skrill, Neteller, China Union Pay, FasaPay, PoliPay, AstroPay, Help2Pay and PaymentAsia. It is also possible to deposit using the following cryptocurrencies: BTC, BCH, LTC, ETH, USDT, XLM, XRP, LINK and USDC.
How to withdraw funds?
The following withdrawal methods are available: credit card, Neteller, international bank transfer and cryptocurrencies. For each of these payment methods, the minimum withdrawal value is 5 units of the currency in which the investment account is held.
HIGH INVESTMENT RISK WARNING
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Consider whether you understand how CFDs work and whether you can afford the high risk of losing money.
What is the ECN model?
