BlackBull Markets Broker Review Forex & Stock Trading at BlackBull Markets

No commission fee is charged on the ECN Standard account; however, on the ECN Prime account, the broker charges a commission fee of $3.0 per lot per side ($6 per round trip). The lack of CFTC regulation means that the broker does not offer its services to the residents of the United States. Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.

Of the total number of reviews left on BlackBull’s page on Trustpilot’s website, 63% gave the broker a score of 5 stars, while 28% rated the brand with 1 star. BlackBull Markets provides round-the-clock customer support through Live Chat, email or telephone. The broker did well in providing phone numbers for a few jurisdictions where it operates, including New Zealand, Cyprus, Mexico and Argentina. BlackBull Markets has different email addresses for various queries, including support, compliance and introducing broker queries. All websites and web-based platforms are tested using the latest version of the Google Chrome browser. Our Desktop PCs run Windows 11, and xcritical scammers we use MacBook Pro laptops running the latest version of macOS to test trading on the go.

Is Copy Trading Allowed With BlackBull Markets?

At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools. Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps. We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points.

BlackBull Markets provides three account types with distinct pricing structures. Our broker reviews are reader supported and we may receive payment when you click on a partner site. Forex commissions at BlackBull Markets are between $4.00 and $6.00 per 1.0 standard round lot, dependent on the account type. BlackBull Markets offers cryptocurrency CFDs, but not physical cryptocurrency trading. BlackBull Markets makes money from spreads, commissions, and swap rates on leveraged overnight positions.

The available choices include the globally recognized MetaTrader suites — MT4/MT5, cTrader and the TradingView platform renowned for its charting capability. The BlackBull CopyTrader and BlackBull Trade are the broker’s in-house platforms. BlackBull offers a vast selection of markets, with 72 forex pairs and over 26,000 tradeable symbols, making it highly recommended for traders seeking a broad array of investment opportunities. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content.

BlackBull Markets lives up to its hype as a well-established and globally renowned ECN broker. The firm xcriticals comprehensive tradable assets with robust trading technology, unparalleled tools and exceptional educational resources. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.

Trading Instruments

Withdrawals above the deposit amount using payment processors are not possible. BlackBull allows traders to deposit any amount they wish following the initial minimum deposit. Beginner traders get fifteen videos, and numerous short Trading Guides, offering an in-depth introduction to trading. While I prefer more content, BlackBull Markets presents enough information for beginners.

Forex Risk Disclaimer

1. BlackBull Markets does not charge any internal fees for deposits or withdrawals.
2. Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and ForexBrokers.com.
3. All websites and web-based platforms are tested using the latest version of the Google Chrome browser.

BlackBull Markets accepts deposits by bank wires, credit/debit cards, Skrill, Neteller, Union Pay, FasaPay, and selected cryptocurrencies. Clicking on Live Account on the homepage of BlackBull Markets opens the four-step online application process. The table above shows that the spreads offered by BlackBull Markets Standard STP Account are more or less within the range of those offered by its competitors, such as IC Markets and Fusion Markets.

It is the most globally renowned retail trading platform, featuring 50+ trading indicators, 9 timeframes, 24 analytical charting tools and 3 chart types. DailyForex.com adheres to strict xcriticals to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.

I searched their legal documents, but none confirmed the existence of negative balance protection. However, from a regulatory perspective, I can strongly recommend this broker. From a security perspective, client deposits remain well-protected, but I cannot ignore the absence of negative balance protection, particularly for leveraged trading accounts. MT4 is available as a desktop application for Windows and Mac computers, a web version (WebTrader), and a mobile app for Android and iOS devices. The MT4 WebTrader allows clients to access their MetaTrader 4 account through any operating system (Windows, Linux, Mac).

Reviews

Another positive is that traders may deposit in nine currencies, but not all deposit methods support each of them. BlackBull Markets process all withdrawal requests within 24 hours, and the back office handles all financial transactions from an easy-to-use interface. Plus, the broker’s well-designed educational libraries are available to help every trader navigate CFDs and forex trading complexities in a fast-changing financial market.

with no minimum deposit

The BlackBull Markets leverage varies according to the product that you are trading. This offer of services is also not intended for residents of the European Union, the United Kingdom nor any non-resident of New Zealand.

BlackBull’s educational hub boasts libraries on forex, crypto, commodities and stocks neatly divided into Beginner, Intermediate and Advanced sections. This outstanding educational approach ensures that every trader, regardless of experience level, can learn and continually update their trading knowledge. Over 3,000 trading video tutorials are available, including those demonstrating how to xcritical use technical indicators, customize trading platforms and create templates. You can join upcoming webinars or watch past ones for additional trading insights.