BlackBull Markets Broker Review

Written by Emmanuel Ifeanyi

Emmanuel Ifeanyi

Emmanuel Ifeanyi Ekwomadu is a financial content writer specialised in Forex, Stock and Crypto trading. He is the person behind most of the brokers reviews that you will find on BestBrokers.com

, | Updated: June 10, 2025

BlackBull Markets is a true ECN broker that allows clients to buy and sell over 26,000 financial instruments across different asset classes, including equities, Forex, commodities, CFDs, and more. The broker provides traders with institutional-grade trading conditions and exceptional customer service and support.

In this broker review, we will pay attention to the important aspects of BlackBull Markets, which you may want to consider before deciding whether to trade with this online brokerage. The aggregated score of BlackBull on Trustpilot’s website, as of June 9th, 2025 is 4.8/5, which is based on 1,876 customer reviews. Of the total number of reviews left on BlackBull’s page on Trustpilot’s website, 90% gave the broker a score of 5 stars, while 4% rated the brand with 1 star.

Key Pros and Cons

Before we continue, let us briefly look at BlackBull Markets’ advantages and disadvantages.

Company Information

BlackBull Markets Group is comprised of the following corporate entities with their respective regulated offices:

• Black Bull Group Limited, regulated by the FMA: office address: Level 20, 188 Quay Street, Auckland 1010, New Zealand
• BBG Limited, regulated by the FSA: office address: Seychelles

Note that BlackBull Markets does not offer its services to residents of some countries, such as North Korea, Russia, Spain, the United States, and other regions.

Why Trade with Blackbull Markets?

Now, let us provide a quick list of the key features that we like about BlackBull Markets.

Regulation

The BlackBull Markets trading brand is authorized and regulated in various jurisdictions.

BlackBull Markets is a trading name of the BlackBull Markets Group, which is registered with the New Zealand Financial Services Provider Registry (FSPR). It holds a derivative issuer license issued by the Financial Markets Authority (FMA). This government agency is responsible for regulating financial markets in New Zealand.

The broker is also a member of the New Zealand Financial Services Complaints Limited (FSCL) dispute resolution scheme. The FSCL is a conflict resolution scheme that promotes a high level of transparency, ensuring that conflicts are dealt in a fair and secure manner.

BlackBull Markets’ international operations are also handled by BBG Limited, which is incorporated and regulated by the Financial Services Authority (FSA) of Seychelles. One thing we can say for certain is that the regulation by the FSA is not as strict as the one imposed by regulatory bodies like the FCA or ASIC.

The various financial authorities that make up BlackBull Market’s regulatory regime are shown below:

The broker lacks strict regulation from tier-1 regulatory authorities like the CFTC, ASIC, and FCA, which limits the availability of additional safety tools for non-New Zealand traders.

The lack of CFTC regulation means that the broker does not offer its services to the residents of the United States. Moreover, the absence of an FCA regulation indicates that UK-based are not covered under the Financial Services Compensation Scheme (FSCS) if the broker fails to meet its financial obligations.

KYC Procedure for Account Creation and Depositing

It is pretty easy to create an account with BlackBull Markets. You can complete the process in less than 5 minutes, but you may have to wait for about 24 hours for your account to be verified. BlackBull Markets’ process of account creation complies with the industry-standard procedure; it involves the following steps:

1. Setting your login details: Enter a valid email and your preferred password
2. Filing the account opening form: Fill in your name, address, city of residence, postcode, phone number, and date of birth.
3. Choosing a preferred account type: Select your preferred trading platform and account type (ECN Standard, ECN Prime, or ECN Institutional Account).
4. Confirm your suitability status: The broker will want you to disclose information about your employment status, sources of income, and trading experience. Based on the information you provide, you may be allowed to move to the next step of the process. However, if any of the information you provide does not match the broker’s internal requirements, your application may be rejected.
5. Agreeing to the terms and conditions: Ensure you tick the box at the bottom of the application page to indicate that you agree to BlackBull Markets’ Terms and Conditions.
6. Getting your documents verified: The broker will want you to provide documents pictures of documents that will serve as a proof of identity (such as Driver’s License, International Passport, or National ID card) and a proof of residency (bank account statement or utility bill that is dated less than three months ago).

While account creation may be fast (can be completed within a few minutes), it may take up to 24 hours to verify your trading account. When your account is verified, you will have to fund your account using any of the available payment methods before you can start trading.

Account Types

The broker offers three main live account types: ECN Standard Account, ECN Prime Account, and ECN Institutional Account. Traders can choose the account option that best meets their trading objectives and trading styles. Let us take a look at the available trading account options:

Islamic Account (Swap-Free)

BlackBull Markets offers swap-free trading on the ECN Standard and ECN Prime accounts. The swap-free Islamic account is best suited for traders who cannot receive or pay swaps due to religious beliefs. Although this account type does not incur any swaps or interest charges on overnight positions, the account holder may be charged an administration fee on trading positions.

Demo Account

The broker provides traders with MT4 and MT5 demo account, which they can use to practice their trading strategies on multiple financial instruments without risking real money. Demo accounts allow beginners to learn how the market works and also get used to the broker’s trading platform and tools.

Trading fees and other costs

As a trader, you should always consider a broker’s trading fees and other costs before deciding whether to trade with the broker or not. Just like other CFD and Forex brokers, BlackBull Markets offers two types of trading fees, namely:

• Trading costs – This includes the spreads, commissions, and overnight financing rates;
• Non-trading costs – account management fees, deposit and withdrawal fees, non-activity fees.

Let us take a quick look at the trading fees that are available at Blackbull Markets.

Spreads

At BlackBull Markets, traders enjoy low ECN spreads across all the available live trading account options:

• ECN Standard Account — Spreads start from 0.8 pips with no commissions
• ECN Prime Account — Low ECN spreads (starting from 0.1 pips) and a commission of $6.0 per round turn.
• ECN Institutional Account — Raw ECN spreads (starting from 0.0 pips) and a low commission of $4 per lot per round trip.

Below are the average spreads offered on the three account types for the three most actively traded currency pairs:

From the above, we can see that the average spread on the Standard Account is marked up by 0.46 pips to cover the costs of trading since no commission is charged on that account.

Let’s now see which of the ECN Standard and ECN Prime accounts offer cheaper trading costs. For this, we will consider a 1 Lot trade on EUR/USD (one pip movement = $10). We will also assume that the trade is opened and closed at the same price. Taking cognizance of the spread values, the cost of trading with the Standard and Prime accounts are as follows:

ECN Standard Account

• Spread – 0.9 pips
• TOTAL COST – 0.9 x $10 = $9 per side and $18 per round turn

ECN Prime Account

• Spread – 0.2 pips
• Spread cost – 0.2 x $10 = $2 per side and $4 per round turn
• Commission – $3.00 per side and $6.00 per round turn
• TOTAL COST – $4 + $6.0 = $10 per round turn

ECN Institutional Account

• Spread – 0.1 pips
• Spread cost – 0.1 x $10 = $1 per side and $2 per round turn
• Commission – $2.00 per side and $4.00 per round turn
• TOTAL COST – $2 + $4 = $6 per round turn

From the above comparison, it can be deduced that the ECN Prime account offers cheaper trading costs and the lowest trading expenses are paid by ECN Institutional account holders. This is because of the tighter spreads and low commission fees, especially for the ECN Institutional account..

Finally, let us compare BlackBull Markets Standard Account average spreads with what other major brokerages offer on the three most actively traded Forex pairs.

The table above shows that the spreads offered by BlackBull Markets Standard ECN Account are more or less within the range of those offered by its competitors, such as IC Markets and Fusion Markets. The broker also tends to offer lower spreads on its no-commission account compared to the standard account of IG.

Commissions

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 commission fee on the ECN Prime account can be interpreted this way:

• A 1 Standard Lot trade (100,000 units) will require you to pay a $6.0 commission to open and close the position;
• A 1 Mini Lot trade (10,000 units) will require you to pay a $0.6 commission to open and close the position;
• A 1 Micro Lot trade (1,000 units) will require you to pay a $0.06 commission to open and close the position.

A commission fee of $6 per round turn on the Prime account is fair and within the range of those of its peers. But it is not the lowest commission fee that is obtainable in the industry since it is bigger than the $4.00 FXTM charges on its Advantage Account, which is about the cheapest among retail brokers. That said, those who decide to open an ECN Institutional accounts will enjoy reduced spreads and a lower round-trip commission of only $4 per lot.

Financing charges

As with other currency brokers, BlackBull Markets charges swap — an overnight or rollover interest (that is earned or paid) for holding positions overnight in foreign exchange trading. The broker’s financial institutional partners calculate the daily released swap rates using risk-management analysis such that each currency pair has its Forex swap charge, and interest is paid on currency sold and received on currency bought.

You can see the swap charges for a currency position by logging into their MT4 platform and taking the following steps:

1. Locate your product in the ‘Market Watch’ window. Right-click and select ‘Symbols.’
2. Select the product you wish to view from the list. Select ‘Specifications’.
3. You can then view the Forex swap rates for long and short positions.

Deposit fees

BlackBull Markets will not charge any deposit fees, just like most online brokerage firms. This is standard practice for brokers.

Withdrawal fees

BlackBull Markets will also not charge any withdrawal fees on all payment options available. However, payments to and from overseas banking institutions may attract intermediary transfer fees from either party, but such charges are not from BlackBull Markets.

Inactivity fees

BlackBull Markets will not charge an inactivity fee on dormant accounts. This is unlike most financial firms that would charge a certain amount on trading accounts after a prolonged period of inactivity.

Overall on Fees

BlackBull Markets offers low spreads for the ECN Prime and ECN Institutional account types, but the Standard ECN account has marked-up spreads. BlackBull Markets charges fair commission fees. Also, traders are not charged with any additional fees on top of overnight financing charges.

Overall, BlackBull Markets may not get a 100% pass mark on fees: their commission fee of $6 per round turn for the ECN Prime account is a bit higher than the fees of their competitors, such as Fusion Markets. Having said that, the high-volume account can further reduce the commission and ranks among the most budget-friendly trading accounts you can come across online.

Desktop Trading Platforms

BlackBull Markets offers a good choice of intuitive trading platforms that traders can use to trade all the available financial assets. These trading platforms include the following:

MetaTrader 4

BlackBull Markets provides traders with the MT4 trading platform, an advanced trading platform that was introduced in 2005 by MetaQuotes. MT4 has become one of the choicest trading platforms among forex and CFD traders. The platform is built with strong security features to ensure the safety of your transactions and data.

The MT4 trading platform has an intuitive user interface, which makes it easy for traders to navigate through the platform. It is replete with essential trading features and functionalities, such as one-click trading, drawing tools, expert advisors, interactive charts, technical indicators, and more. Thanks to MT4’s fully customizable design, traders can configure the platform to suit their trading needs.

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). It offers all the benefits of the MT4 desktop trading platform, and it is compatible with modern web browsers like Google Chrome, Mozilla Firefox, and Safari. Traders can use the MT4 WebTrader to trade from any device without the need to first download and install an application.

MetaTrader 5

This is a more advanced trading platform introduced by MetaQuotes in 2010 to offer access to multiple assets, including actual stocks (not just stocks CFDs). The MetaTrader 5 platform is reputed for being the choicest multi-asset platform for traders and investors from around the globe. It allows traders to trade Forex, CFDs, exchange-traded instruments, stocks, and futures. The platform offers advanced charting and trading tools and more options for automated trading. In addition to offering all of the features of MT4, the MetaTrader 5 trading platform comes with more advanced capabilities, such as 21 timeframes and nine chart types.
The MT5 trading platform is available in desktop, web, and mobile versions.

cTrader

This is a powerful trading platform developed by Spotware Systems, designed to meet the needs of both beginner and professional traders. The cTrader platform at BlackBull Markets provides access to a broad range of markets, including Forex, indices, commodities, and stock CFDs. Known for its user-friendly layout and fast trade execution, the platform supports precise order control and detailed market insights.

This third-party platform includes advanced charting tools, multiple order types, and a transparent pricing environment with full market depth. It also features automated trading through cTrader Algo, which allows traders to build and test custom trading algorithms directly within the platform. One-click trading, detachable charts, and intuitive navigation make it an appealing choice for those who value speed and flexibility.

The cTrader platform is available as a desktop application, a web-based version, and a mobile app, giving traders the freedom to manage their accounts and trades from any device.

TradingView

This is a popular charting and social trading platform that combines advanced market analysis tools with an active trader community. TradingView on BlackBull Markets allows clients to access real-time data and execute trades directly through the platform, making it ideal for traders who prefer a visually intuitive environment and integrated research tools.

Known for its cloud-based structure, TradingView offers powerful interactive charts, a wide variety of indicators, and drawing tools that support detailed technical analysis. Users can create and test custom strategies using Pine Script, the platform’s proprietary scripting language. The ability to share ideas and follow other traders makes it especially appealing to those who value collaboration and market insights.

The TradingView platform is accessible via web browser and mobile app, providing a seamless trading experience across multiple devices without the need to install additional software.

BlackBull Invest

This is the broker’s in-house multi-asset trading platform tailored for investors seeking access to global financial markets. Black Bull Invest allows clients to trade a wide range of underlying assets, including shares, options, ETFs, bonds, and other listed securities. Designed with both retail and professional investors in mind, the platform provides a robust environment for portfolio building, strategy execution, and in-depth market research.

With over 70 order types, Black Bull Invest supports flexible trade management across various market conditions. The platform also offers advanced analysis tools, real-time charting, and customizable layouts to help users monitor market trends and make informed decisions. Unlike many traditional brokers, Black Bull Invest offers commission-free access to data feeds, allowing traders to view live prices without incurring additional costs.

Platforms Benefits and Features

• Thousands of markets
• Level II pricing
• Trading robots
• VPS support
• Easy to use
• Superior charting
• Free market data and news
• Education market

Copy-trading with BlackBull Markets

BlackBull Markets offers a dedicated copy trading platform and various copy-trading tools, which include:

BlackBull Copy Trader:

BlackBull Copy Trader is a streamlined social trading platform that enables clients to automatically replicate trades from top-performing investors. Ideal for both beginners and experienced traders, it offers a simple setup, just choose a strategy provider and allocate funds. The platform displays real-time performance metrics, enabling clear transparency and informed decisions.

With straightforward fee structures, flexible allocation options, and continuous updates on provider activity, BlackBull Copy Trader makes it easy to follow proven strategies without direct trade execution. Available as part of your trading account, BlackBull Copy Trader is accessible via web and mobile, giving clients the freedom to track or adjust copy settings wherever they are.

ZuluTrade:

ZuluTrade is a world-leading, peer-to-peer, social trading platform that can be used to copy the trading strategies of thousands of registered, talented currency traders from 192 countries. . ZuluTrade offers a perrformance evaluation algorithm, which is known as Zulurank; it can be combined with the feedback from the social trading community to help BlackBull Market clients to customize trades according to their preferences and risk tolerance.

Myfxbook:

This is one of the leading social trading sites; it allows users to share, analyze, track, and compare their trading activities. BlackBull markets traders can use Myfxbook to set up auto-trading to follow traders they believe have superior trading edges. They can also use this copy trading tool to set themselves as the main trader in an auto trading network. The Myfxbook is built with an intuitive user interface, making it convenient for all levels of traders. Interestingly, BlackBull Markets partners with Myfxbook; as such, the broker’s MetaTrader 4 trading program is completely integrated with the Myfxbook system, allowing clients to easily sign-up for a Myfxbook account and link it to their BlackBull Markets Account. Some key benefits of Myfxbook include the following:

• An innovative and intuitive user interface to keep traders up to date with the market
• A record of competency for Money Managers
• Myfxbook community
• Multiple chart setups
• Allows for automated trading
• Allows customization of trades
• High order execution capabilities

Mobile Trading Platforms

The broker provides traders with the mobile versions of all its platforms, allowing traders to enjoy the full functionality of these third-party and in-house trading solutions on the go. This brings some form of convenience to the entire trading process as traders can access their trading accounts and place trades on the go, as long as they are connected to the internet. The mobile apps are compatible with Android and iOS devices and can be downloaded from the respective app stores. The MT4 and MT5 Android apps require Android 5.0 or a later version, while the iOS apps require iOS 12.0 or a later version.

Trading Instruments

BlackBull Markets offers a selection of over 26,000 tradable assets, which comprises 64+ currency pairs, indices from major markets, precious metals such as gold and silver, and commodities including energy, gas, and oil. Their range of available financial assets compares fairly to other big brokers, such as IC Markets and Fusion Markets.

In this section, we will take a closer look at the various financial instruments available at BlackBull Markets

Forex

BlackBull Markets offers access to the most liquid global FX markets, offering over 64 major, minor, and exotic Forex pairs. Through its deep FX liquidity pools, the broker provides traders with institutional trading conditions.

At BlackBull Markets, Forex trading is available on the MT4, MT5, TradingView, cTrader, and BlackBull CopyTrader platforms. Traders can also practice Forex trading on the demo account options available to all broker clients. BlackBull Markets offers low-cost institutional spreads to retail Forex traders, with spreads on the ECN Prime account starting from 0.1 pips. The average execution speed is 20ms. Traders can open an ECN Standard account with as small of a sum as they feel comfortbale with, and there is flexible leverage of up to 1:500.

Cryptocurrency

Cryptocurrency trading is available at BlackBull Markets through CFDs, but not available through trading the underlying asset (e.g. Bitcoin trading). This means you can speculate on the price fluctuations of crypto assets, without actually owning them. The list of supported crypto CFDs include Bitcoin, Ethereum, Solana, Ripple, and many other altcoins. Leverage is also available, allowing crypto traders to open positions with leverage of up to 1:100.

Indices

BlackBull Markets provides a wide selection of index CFDs, allowing traders to access major global indices such as the S&P 500, NASDAQ 100, FTSE 100, DAX 40, and more. These instruments offer exposure to entire markets through a single trade, with the option to go long or short and use leverage. Index CFDs are available with tight spreads and fast execution on MetaTrader platforms. BlackBull Markets does not currently offer direct investment in indices outside of CFD trading.

Equities CFDs

BlackBull Markets offers access to over 1,800 stock CFDs, covering major companies across the US, UK, Europe, and Asia. Traders can speculate on price movements without owning the underlying shares, with the flexibility to go long or short and use leverage. Stock CFDs are available through MT4, MT5, and cTrader platforms with competitive spreads and real-time pricing. For investors looking to buy and sell real stocks, BlackBull also offers direct share trading through the BlackBull Invest platform, without using CFDs.

Commodities

The broker allows you to trade your favorite commodities, including gold and silver, crude oil, natural gas, and cash crops like sugar and soybeans. The commodity market presents a way for traders to diversify their trading portfolios, and this broker allows to trade the market with leverage of up to 1:500. Commodity trading with BlackBull Markets is available on the MT4 and MT5 trading platforms.

Energies

BlackBull Markets allows you to trade the energy markets via the MT4 and MT5 trading platforms with a low-cost pricing model and flexible leverage. BlackBull Markets cliets are allowed to trade CFDs across energy commodities, including crude oil, natural gas, gasoline, and heating oil. This allows them to benefit from the volatility in the prices of those commodities. Energy commodities are essential to modern economies and are affected by various factors, including significant geopolitical events.

Precious Metals

With BlackBull Markets, Gold and Silver can be traded at their spot prices or via futures. The broker allows traders to benefit from the precious metals markets by offering CFDs in various precious metals, which traders can use to speculate on the price movements or hedge against inflation.

With a BlackBull Markets MT4 or MT5 trading account, traders can seamlessly open short-term or long-term trades in gold and silver. They can also trade in both long and short directions and can hedge their positions as they want.

Futures

BlackBull Markets offers a range of futures instruments through the MT4, MT5, cTrader, and other third-party and in-house platforms. Traders can access futures CFDs on global indices, commodities, and energies. Examples include the US Dollar Index, WTI Crude Oil, and the S&P 500. These contracts allow for speculative trading without owning the underlying assets. The MT5 platform provides advanced charting and fast execution, making it suitable for futures traders seeking flexibility and precision.

Trade Execution

BlackBull Markets uses the ECN execution models with no dealing desk intervention. The ECN execution model, which BlackBull Markets uses in all of its account offerings, offers direct price quotes with raw interbank market spreads. Trade orders are routed directly to the interbank market. ECN liquidity is integral to the service offered by BlackBull Markets; it bridges clients directly to the markets. When combined with the broker’s aggregation system, the ECN ensures that the liquidity providers directly compete to guarantee clients the best trading experience.

Other benefits of BlackBull Markets’ ECN Liquidity include:

• Unrivaled depth of market (up to 100 lot trades per click at 1:500 leverage)
• Very low spreads (from 0.0 pips)
• Fewer slippages and failed executions

Additionally, the broker’s multiple fintech solutions, including a proprietary in-house trade-order aggregation software, ensure that the cheapest liquidity provider processes trade in the broker’s system at every instance.

The broker’s main trading servers are located in Equinix global data centers within the world’s largest multi-asset electronic trading ecosystem. The broker has trading servers across five strategic locations: New York, London, Tokyo, Shanghai, and Hong Kong.

Deposits

BlackBull Markets supports different deposit methods to enable traders to fund their accounts with ease. The broker allows traders to fund their trading accounts in multiple currencies. This prevents traders from paying expensive currency conversion fees.

The following payment methods are available at BlackBull Markets for account deposits: bank wire, credit cards, and various electronic payment processors. The time to process transactions may vary depending on the payment method you use. For example, some payment methods, such as credit cards and online payment processors are instant, while bank transfers may take several days to be processed.

The minimum deposit amount is dependent on the payment solution that you use, but most methods support a minimum of $50. The account type you are trading with also determines the amount you need to deposit. To start trading live with the ECN Standard account, you can deposit as little as you wish, while the minimum deposit for the ECN Prime account starts at $2,000. At the same time, the institutional account requires a minimum deposit of $20,000. The broker does not charge any deposit fees, and it allows its clients to open accounts and deposit funds in multiple base currencies.

BlackBull Markets does not accept third-party payments, so all funds deposited into your trading account must be under the same name as your BlackBull Markets trading account. Payment from joint bank accounts or credit cards may be accepted if the trading account holder is one of the beneficiaries.

The broker’s selection of deposit methods is rich and includes the following:

Withdrawal Methods

Clients can withdraw funds online by logging into the secure BlackBull Markets client portal and selecting the withdraw tab from the menu. Once traders log into teir secure client portal, they can easily choose the payment option thatis most convenient for them for both account deposits and withdrawals. While all available deposit methods (bank wire, credit/debit cards, and various electronic payment processors) are also available for account withdrawals, withdrawals must be made using the same method that you originally deposited. For instance, debit/credit card withdrawal can only be used for accounts that made deposits using a debit/credit card.

BlackBull Markets does not charge any internal fees for deposits or withdrawals. But, it is important to note that some payments to and from overseas banking institutions may incur intermediary transfer fees from either party independent of BlackBull Markets.

Due to AML / CTF laws, BlackBull Markets cannot deposit funds to third parties. As a result, all money withdrawn from your account must go to a bank account in the same name as your BlackBull Markets trading account.

Customer Support Contacts

BlackBull Markets has a knowledgeable client support team that is very polite and highly responsive to clients’ problems. The support team is available 24 hours a day and five days a week — from Mondays to Fridays. You can contact the support team through any of the following channels, including the following:

1. Live Chat: This efficient channel allows you to chat directly with the broker’s support team live. This contact channel is located at the bottom right corner of the broker’s website. Upon clicking the Live Chat icon, you will be prompted to fill in your name and email address. Next, type your message in the bigger box to interact with the customer support team live.
2. Telephone contact: You can also contact the broker’s support team in New Zealand over the phone from 9 am to 5 pm, Monday – Friday through any of the phone number that is displayed on their support page:
   New Zealand: (+64) 9 558 5142
3. Email Contact: You can send specific inquiries to the support email address: support@blackbullmarkets.com
   The broker’s support team is available 24/5 to respond to clients’ inquiries via email.
   In addition to the above contact channels, you can find answers to common questions from the broker’s Client Support page
4. Client Support: This is a comprehensive list of Frequently Asked Questions. It covers all traders’ most common questions and their corresponding detailed answers. The FAQs cover various topics, including account management, deposits/withdrawals, trading conditions, trading hour changes, security of funds, MetaTrader 4, and company info. To get the FAQ section, simply navigate to the “Support” at the top of the broker’s website.

Research and Educational Materials

The broker provides traders with a good selection of learning resources to help traders understand how the market works. The available learning resources at BlackBull Markets include the following:

1. A Trading Academy that contains various educational resources, such as learning articles, trading guides, and more
2. A glossary that displays various trading terms and their detailed explanations.
3. Video tutorials on various trading topics. The tutorial videos offer visual guides on how to trade with the broker.
4. An Economic Calendar that shows future market events’ schedules and their expected impacts on the financial markets. With the economic calendar, traders can know what moves the market and when the markets are likely to move significantly based on the expected news event. So they can plan their trading based on upcoming economic releases and market events from around the world.
5. An extensive blog section that is replete with several trading articles, market reviews, and expert analysis. The blog section is replete with various educational resources that are designed to keep traders aware of the events that take place in the financial markets. New articles are regularly uploaded on the blog, while old articles are often updated from time to time.
6. Ebooks on various trading topics

Security and Money Guarantees

At bestbrokers.com, we are committed to ensuring that traders trade with only regulated online brokers, and BlackBull Markets is one of such. Our key findings include:

• Several years of business history and innovations
• Award-winning brokerage

To ensure that it does not use clients’ funds to run its operations, the broker keeps clients’ funds securely in segregated accounts with ANZ Bank in New Zealand. This way, clients’ funds are kept safe even if the broker goes broke.

Since BlackBull Markets is registered with the New Zealand Financial Services Provider Registry (FSPR) and is a member of the New Zealand Financial Services Complaints Limited (FSCL) dispute resolution scheme, it abides by ethical brokerage rules. The broker is regulated by the Financial Markets Authority — the government agency is responsible for regulating financial markets in New Zealand.

However, the broker lacks strict regulation from a top-tier regulatory authority, such as the FCA, CFTC, or ASIC. This could be a red flag to many prospective traders. Nonetheless, the broker maintains a strict Anti-Money Laundering (AML) / Counter Financing of Terrorism (CFT) policy to ensure that it abides by international best practices.

Conclusion

Putting it all together, we at BestBrokers.com can say that BlackBull Markets offers some of the best conditions for Forex trading among peers. Our reasons for this assessment include:

• Competitive trading costs across all three live trading accounts
• Adequate liquidity
• Flexible leverage
• Reliable trading technology
• Fast trade execution via all of the supported trading platforms
• Award-winning customer support service
• Free education to sharpen your skills
• Fully licensed, operating since 2014

Written by E. Ifeanyi