Forex, Shares, CFDs & Commodities

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Most of our senior management are New Zealand citizens and residents, and company operations are based in the Auckland city Head Office. Select one or more of these brokers to compare against BlackBull Markets. Trading costs at BlackBull Markets are about average for the industry, and will vary depending on which of its three account types you choose.

New Zealand – Black Bull Group Limited

BlackBull Markets has a global clientele base and traders from around the world. As part of our global outreach, it is also our responsibility to ensure our services are https://xcritical.online/ used transparently and responsibly. To remain above board on all compliance practices, we undergo periodic AML/CFT audits and revisions from independent companies.

  1. 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.
  2. Trading with a regulated broker will limit the potential for fraud and malpractice.
  3. One of the most ignored trading costs is swap rates on leveraged overnight positions.
  4. Another positive is that traders may deposit in nine currencies, but not all deposit methods support each of them.
  5. When your margin drops below 70%, you will receive a margin call notification to top up your funds within the MT4 or MT5 platform.
  6. Also available is TradingView, a popular trading platform that delivers a range of powerful charting functions and robust analysis tools.

Where is BlackBull Markets based?

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. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). BlackBull Markets investors are able to buy and sell shares of various companies through the stock market. BlackBull Markets offers access to a network of markets like the stock market where companies can list their shares and other securities for sale and purchase on BlackBull Markets. BlackBull Markets traders can trade US stocks, UK stocks and other international stocks, including trading stocks on BlackBull Markets using CFD leverage.

Offering of investments

Regrettably, BlackBull Markets limits its demo account to just 30 days, and it is only available on the MT4 trading platform. While the trading conditions are not identical to a live one, BlackBull Markets should allow for longer than 30 days. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights, in the commission based BlackBull Markets trading account.

Secure Client Area

While the minimum deposit for ECN Prime remains higher than some competitive brokers, I found them justifiable by cost and services provided and, therefore, acceptable and an excellent value for deposit requirement. While BlackBull Markets does not offer bonuses, it maintains an Active Trader Account where it presents qualifying traders with monetary incentives like lower commissions or services like free VPS hosting. Given the excellent trading infrastructure and competitive trading costs, I do not consider the absence of incentives for new retail traders as a negative factor. 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.

Fair Trading Practices

BlackBull Markets offers the full MetaTrader suite, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5) for desktop and web, and BlackBull Markets’ own BlackBull Shares platform (powered by Interactive Brokers’ TWS platform). Also available is TradingView, a popular trading platform that delivers a range of powerful charting functions and robust analysis tools. More recently, BlackBull further expanded its platform offering with the addition of its web-based BlackBull Trade platform powered by DXTrade. BlackBull Markets has significantly expanded its range of markets with the launch of BlackBull Shares. Today, BlackBull offers over 26,000 tradeable symbols; 2,500 are available on MetaTrader 5 (716 in Prime account) and TradingView, and 311 symbols on MetaTrader 4. The table below summarizes the different investment products available to BlackBull Markets clients.

Share Investing – Black Bull Trade Limited

Should you have any questions about any of the Compliance sections above, please do not hesitate to contact our friendly team. We would be more than happy to answer any questions you have about our Compliance programme and policies. In addition to our legal requirements, we believe it is our duty; to maintain the utmost security and protection of your personal details, as provided to us. As such, policy and electronic safeguards have been put in place so that consumer details are rigorously protected. Your fund’s security and accessibility is of the utmost importance to us at BlackBull Markets.

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. They assess risk, implement controls, and help maintain a strong compliance culture within the organisation. A BlackBull Markets investor is said to have market exposure when they have an open position on BlackBull Markets. The only way to completely remove the risk is to close all BlackBull Markets open positions.

New Zealand business culture has a high standard of conduct and operational standards that, as an NZ company, we passionately adhere to. A well-constructed supervisory framework which actively protects traders and dictates service provider actions; is quintessential for any NZ financial company. We are registered with the Financial Services Provider Registry (FSPR) and are a member of the Financial Services Complaints Limited (FSCL) dispute resolution scheme. 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.

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Opening an account at BlackBull Markets is acceptably quick and follows the normal standard in the retail Forex industry. I found some of the additional questions unnecessary, as traders can fill them out as they wish, and there is no verification of the answers. BlackBull Markets includes the account verification with the account opening form, which I like, as it is a requirement and saves traders the extra step from the back office.

When you trade with BlackBull Markets, you will need to have a comprehensive understanding of risk management strategies when actively trading with BlackBull Markets. Risk management trading features that can be accessed through the BlackBull Markets platform, such as stop loss and negative balance options should be readily understood and utilised when trading with BlackBull Markets. The BlackBull Markets mission is to provide traders with a superior trading experience through innovative technology and exceptional customer service.

BlackBull Markets allows traders to trade more than 60 different financial instruments, including . BlackBull Markets investors and traders all over the world now have access to a wider variety of trading instruments than ever before. This trend is expected to continue in the foreseeable future with brokers like BlackBull Markets. Trading can take many different forms with BlackBull Markets, but they all carry the inherent risk of losing money that was initially invested with BlackBull Markets. The first and most important rule of trading with BlackBull Markets is that you should never trade or invest with money with BlackBull Markets that you cannot afford to lose.

You can also set or modify BlackBull Markets ‘Take Profit’ or ‘Stop Loss’ levels by clicking on the order price level on the chart and dragging it to the preferred price level on BlackBull Markets. This allows you to set or modify BlackBull Markets ‘Take Profit’ or ‘Stop Loss levels’. The brokers of the UK are regulated by FCA, and BlackBull Markets is not regulated by this regulatory authority. BlackBull allows traders to deposit any amount they wish following the initial minimum deposit. BlackBull Markets answers some questions in its FAQ section and describes its products and services well. Therefore, I believe that most traders will not require assistance unless there is an emergency.

It is based on the premise that the researched BlackBull Markets trading activity and price changes of a security in the past can be valuable BlackBull Markets indicators of the price movements of the security in the future. When talking about financial transactions on BlackBull Markets, “closing a position” refers to carrying out a trade that is the polar opposite of an BlackBull Markets open position. This cancels out the xcritical official site BlackBull Markets open position and gets rid of the initial BlackBull Markets exposure. A long position in a security on BlackBull Markets would need to be closed by selling the security, whereas a short position would need to be closed by purchasing the security again on BlackBull Markets. That means you can trust that the prices they offer are accurate, and your trades are executed fairly, without any sneaky tricks.

The asset selection, especially for equity traders, ranks among the top 5 brokers within the retail Forex/CFD industry. The minimum deposit for the ECN Prime account of $2,000 is a bit high but remains acceptable. Overall, the core trading environment is outstanding, and I rank BlackBull Markets as a leading choice for demanding equity traders, asset managers, and Forex traders.

BlackBull Markets delivers all three, and I especially like the underlying technology they utilize to achieve this. It ensures high-speed trading and offers scalpers and other high-frequency traders the precision trading they require. It would be great if they could in the future offer a wider selection of assets to trade. BlackBull Markets is registered under the company name Black Bull Group Limited, a limited liability company incorporated in New Zealand.

BlackBull Markets was founded in 2014 in Auckland, New Zealand by Michael Walker and Selwyn Loekman. Since BlackBull Markets is a FinTech company, I would like to see a proprietary solution. MT4 remains the leader in algorithmic trading, but MT4 and MT5 support it, and both have a built-in copy-trading system.