On this page, we review Blackbullmarkets broker, Blackbullmarkets is the name of one of the brokers located in New Zealand, which was established and opened to become the leading broker.
| Broker name | Blackbullmarkets |
| Established year | 2014 |
| Spread rate | low |
| Central office | New Zealand |
| Regulation | FMA & FSA |
| Minimum deposit | 1 $ |
| The easiest way to deposit and withdraw | Skrill |
Cent Account
Copy Trading
Spread Reduction Trick
Islamic Account
Permission To Trade Scalping
Blackbullmarkets is the name of one of the active brokers in the market. One of its noteworthy points is the provision of a dedicated application called black bull share, which is a mobile phone application that provides access to more than 23,000 shares for users. Traders can use it on Android and iPhone; it is also possible to use the autochartist commercial plugin in this active broker autochartist is one of the analytical tools used to identify market situations.
Brokers are classified into three categories in terms of credibility, medium and uncredited or with minor credit. When a broker is under the supervision of regulatory organizations and has a prolonged activity history, its credibility is increased and vice versa. Fortunately, blackbullmarkets broker is under the control of regulatory organizations and has been providing services to traders since 2014.
Blackbull Markets broker has two regulations, FSA and FMA.
The head office of blackbull markets is located in New Zealand, and users can see the exact address of this office on the main website of Blackbull Markets broker.
Blackbull Markets broker was established and opened in 2014 and has an excellent market activity history.
| Profile / account name | ECN institutional | ECN prime | ECN standard |
|---|---|---|---|
| Minimum deposit for opening | 20000 $ | 2000 $ | 1 $ |
| Spreads | Start from 0 pips | Starting from 0.1 pips | Start from 0.8 pips |
| Commission | $2 per lot trade | $6 per lot trade | 0 |
| Maximum leverage | 1:500 | 1:500 | 1:500 |
| Ability to trade currency pairs | Yes | Yes | Yes |
| Ability to trade stocks and indices | - | Yes | Yes |
| Possibility of digital currency trading | No | No | No |
| Scalp permission | Yes | Yes | Yes |
| Permission to use Expert | Yes | Yes | Yes |
Blackbull Markets broker offers users three types of trading accounts, which we will examine in detail below.
Opening an ECN standard account at Blackbull Markets broker requires a minimum deposit of $1, which is very small and insignificant, this account has a maximum leverage of 1:500 and has no commission, and its spread starts from 0.8 pips.
To open an Ecn prime account in blackbull markets broker, you need to deposit at least 2000 dollars to your account; the spread of this account starts from 0.1 pips, and the broker receives 6 dollars per lot trade commission from traders; also, the possibility of using the maximum leverage of 1:500 is available in this account.
The minimum deposit for opening an Ecn institutional account in blackbullmarkets broker is 20000; this account has a maximum leverage of 1:500, its spread starts from zero pips, and its commission is 2 dollars per lot trade.
In the account of Ecn institutional broker blackbull markets, which has the lowest starting spread, the spread starts from zero pips. However, this account has the highest minimum deposit amount, i.e. 20,000 dollars; if you want to open an account with a lower deposit amount, you can use the Ecn account Open standard in this broker, whose spread starts from 0.8 pips, which is a relatively small amount.
Fortunately, Blackbull Markets broker also offers Islamic account to its users, and it is possible to use this account in prime and standard accounts. The features of this broker’s Islamic account include having maximum leverage of 1:500 and access to all tradable instruments; of course, In this account, you can only trade with microlots.
One of the notable advantages of Blackbull Markets broker is the possibility of opening an account with a minimum deposit of $1, which is the deposit amount for the Ecn standard account.
Among the methods of depositing and withdrawing in Blackbull Markets broker, we can mention Skrill, Neteller, China Union Pay and Fsapay. Users can also contact the Blackbull Markets support team if they have more questions about depositing and withdrawing from this broker.
According to the reviews that we have done on the blackbullmarkets broker, it seems that this broker does not currently offer any bonuses to users.
To open an account and verify your identity in Blackbullmarkets broker, you need to send the necessary documents to verify your identity and address to Blackbullmarkets broker (documents such as ID card, passport, water and electricity bills, etc.) and usually within 24 hours the verification result. Your identity will be revealed.
Tradable and traded assets in Blackbull Markets broker include currency pairs, shares, commodities, CFD and…
Blackbullmarkets broker’s trading platforms are diverse and include MetaTrader Four and Five, WebTrader, TradingView and Black Bull Share.
You can click on the links below to download these platforms.
Unfortunately, it seems that the blackbullmarkets broker does not support the copy trading system.
Since in recent years, with the development of financial markets, the number of fraudulent websites has increased, and many traders have been caught in the trap of dishonest people; it is essential to pay attention to the work history of brokers when opening an account, in response to this question Whether the blackbullmarkets broker is a fraud or not, it should be said that fortunately, we have not received a report of this broker’s fraud so far.
