BlackBull Markets Review: Award-Winning New Zealand Broker
Trading costs at BlackBull Markets are about average for the industry, and will vary depending on which of its three account types you choose. The platform offering as a part of the BlackBull Markets Review shows us a choice between industry leader MetaTrader4 and its next version MetaTrader5. Both offer a super convenient option between powerful conditions and user-friendly interface, both are suitable either for beginners or professionals making software a pleasant partner in your trading journey.
How a broker shouldn’t be
In a recent study conducted by CompareForexBrokers.com, it was ranked the #1 fastest broker. The broker’s social trading tools, including ZuluTrade and Myfxbook, are also top-notch, and the company offers the most comprehensive educational resources. Account registration and onboarding, including documentation and know-your-customer (KYC) processes, takes under five minutes. For beginners, the demo account is invaluable for backtesting strategies, getting acquainted with trading platforms and building the confidence necessary for live trading. BlackBull Markets does not charge inactivity fees, account fees or fees for deposits. The broker offers over 20 funding options, including bank transfer, credit/debit cards, crypto, Airtm, Skrill, Neteller, SEPA and AstroPay.
BlackBull Markets Customer support
However, be aware that BlackBull Markets is capable of revoking this privilege if you abuse the lack of a swap fee. Pepperstone calls their EA suite Smart Trader Tools, and this consists of 28 EAs for extra indicators and algorithmic packages. Blackbull Markets also offers EAs, but the range is not as extensive. When it comes to commission costs when using Pepperstone’s Razor account or Blackbull Markets Prime account, BlackBull Markets can be lower, but it depends.
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BlackBull Markets provides traders 72 currency pairs (e.g., EUR/USD) compared to IC Markets’s 61 available pairs. Traders can change their account’s leverage levels after registration but they have to contact the broker’s customer support team to facilitate the change. Only the standard account offered by BlackBull Markets charges a spread and zero commissions. The other two account types charge a spread and a commission on trades.
BlackBull Markets Non-Trading Fees
And if you’re in a rush or just prefer a more immediate form of communication, the support team is also available via live chat 24/7. No more waiting for business hours or getting stuck on hold – with BlackBull markets, you can get the help you need, when you need it. You can use a credit https://forexbroker-listing.com/ or debit card, bank wire, FasaPay, Neteller, Skrill, or UnionPay. BlackBull Markets accepts deposits in any currency, your account will be denominated in either USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY, and ZAR. All payments go through right away, except bank wire, which can take 1-3 days.
Pepperstone: Top Product Range And CFD Markets
Blackbull offers a decent range of research materials compared to other brokers, including an economic calendar and an updated news section. Research by CompareForexBrokers.com revealed that BlackBull Markets achieved average execution speeds of less than 75 milliseconds. With speeds under 100 milliseconds, traders have a better chance of avoiding slippage and getting the price they desire for their order. It’s a tie between BlackBull Markets and Pepperstone in the minimum deposit category.
It is available in both English and Japanese and has advanced charting tools, an economic calendar, and a live market news feed. BlackBull Markets is an award-winning CFD broker based in New Zealand that was founded in 2014. You can trade a variety of assets, including stocks, indices, commodities and cryptocurrencies- all from a single interface. They offer a wide range of financial instruments for trading, including currency pairs, indices, commodities, and even cryptocurrencies. BlackBull Social is a powerful platform that allows you to execute trades following the strategies of master traders.
- All BrokerNotes content is researched, fact-checked, and edited by the research team.
- The values listed below are for one full contract (100,000 units) of the base currency.
- The broker has a ‘trading resources’ section on its website that offers an economic calendar, which is very useful to traders.
- As we move into 2024, BlackBull Markets has emerged as a formidable player in the forex and CFD brokerage landscape.
We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. blackbull markets review She has a medical degree with a focus on physiotherapy and a bachelor’s in psychology. However, her interest in forex trading and her love for writing led her to switch careers.
All content is researched, fact-checked, and edited by our research team and all ratings and rankings are based on the team’s in-depth product testing. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers.
All of these factors make it a good choice for traders looking to trade with confidence. BlackBull Markets also offers mobile versions of MT4 and MT5 for Android and iOS devices. The company has a demo account that allows users to test the features and tools of their trading platforms. The world’s leading charting and social trading platform can be used on both desktop and mobile devices.
BlackBull Markets trading fees are competitive, though these costs vary by account type and instrument. The broker charges no commission on the ECN Standard profile, with spreads from 0.8 pips. Founded in 2014, Black Bull Group Limited (BlackBull Markets) offers access to thousands of instruments on industry-renowned and proprietary trading platforms.
For this BlackBull Markets review, we opened a live account and deposited over €4,000. If you don’t want to deal with interest because of religious or personal beliefs, BlackBull Markets has a swap-free account. It’s available for different account types and has all the same features, but without any interest. In the world of money and investments, finding a good place to trade is super important. This review is all about BlackBull Markets, a broker from New Zealand that has won some big awards. Discover how Crypto Fund Trader revolutionizes prop trading with its unique platform.
The platform also boasts custom cBots for algo trading, news feeds, market sentiments, custom time zones and a selection of built-in widgets from reputable sources like Trading Central and FXStreet. The MT4/MT5 platforms are highly reliable trading technology with compelling features like fully customizable charting options, multiple order types and advanced analytical capabilities. Both have built-in copy trading systems and support one-click trading, algo or automated trading through Expert Advisors (EAs), trading from the charts and trailing stops. They’re available on tablets, mobile devices (Android and iOS) and desktops (Windows or Mac).