BlackBull Markets Review

BlackBull Markets Reviews and Ratings:

User Rating
[Total Votes: 54 Average Client Rating: 3.1]
Live ChatYES
Telephone (+64) 9 558 5142
Broker TypeECN
RegulationsFSCL and FSPR
Min Deposit$200.00
Max Leverage 500:1
Trading PlatformsMetatrader 4
MarketsForex, CFD/Indices, Commodities, Cryptocurrencies, Metals, Energy
Bonus OfferedNone
Funding OptionsBank wire, Credit/Debit card, Skrill, Neteller, China Union Pay, Fasapay

Black Bull Markets

Overview: This forex broker is based in Auckland, New Zealand, and regulated by FSPR. Traders will enjoy good customer support, raw core spreads with no markups, commission-free accounts and lots of options.

Account: Commission-free standard account for beginners with spreads from 0.8 and minimum lot size 0.01. ECN Prime account has spreads from 0.1 and minimum lot size 0.01. ECN Institutional Account is for institutional traders, with spreads from 0.0, negotiable commissions, and minimum lot sizes of 0.01. Institutions have the option of VIP Prime accounts with a personal account manager, which high volume Active Traders also enjoy. Islamic trader accounts are available too. All funds are deposited in segregated accounts with ANZ Bank. Traders can open a fully customizable demo account with Meta Trader 4, tight spread and live pricing.

Minimum deposit: $200 to $20,000 depending on account

Maximum leverage: 1:500

Features: Black Bulls Markets gives you Meta Trader 4 for various devices, and a soon-to-be introduced Web Trader platform. You can also integrate with social trading systems like Myfxbook, SwipeStox and PsyQuation. The forex brokers also offer low-latency Virtual Private Servers for Prime Accounts to operate without downtime. The brokers have joined the Equinix Financial eXchange network for their liquidity sources. Black Bulls Brokers also has several affiliate programs like the Introducing Brokers Program, and CPA programme.

Education: FXAcademy offers webinars, training videos, ebooks and more to help you hone your strategy.

Deposits/Withdrawals: Deposits are supported in 9 global currencies, and processing generally takes between 1 and 3 days. A variety of payment methods are supported. Withdrawals are processed between 24 hours and 2 days, on the submission of a withdrawal form.

Customer service: Support is available through email, live chat, and toll free phone numbers in Malaysia and New Zealand.

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