Blackbull Markets Guide – Read our In-Depth Blackbull Markets Review
This Blackbull Markets review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations, the content in this Blackbull Markets review does not apply to US users.
If you are a new entrant in the realm of trading and brokerage, so many facts will be perplexing for you. Getting into the area of trading demands expert assessing skills and comprehensive understanding. You'll get adept at all of the concepts of brokerage as you keep trading. For starters, you have to select the right agent who'll be transparent with you constantly.
In this fast-paced world of stock markets and trading, you'll need guidance to make correct decisions. A professionally lead investment plan will generate hefty returns. Blackbull Markets is one such stage that will take you along with your investment into great heights. It's crucial that you understand about Blackbull Markets before you trust them with your cash.
Our full Blackbull Markets Review covers all you need to learn about trading with Blackbull Markets. A good agent can multiply your initial investments and provide you favorable profits. If you would like to earn profits, you should trade with a brokerage service that aligns with your investment goals.
There is no sure-fire way to ensure profits; therefore, you must carefully assess your agent before you select them. It is a common misconception that all agents will be exactly the same, but that is not correct. Wrong judgment, initially, can put your investments in danger.
Blackbull Markets is a broker which has found its way successfully to the brokerage world. In this review, we've tried to collate some of the vital facets of Blackbull Markets. This review will help you to understand whether Blackbull Markets is a good match for your investments or not. We've attempted to breakdown all of the features and fees for your advantage.
Blackbull Markets Review, Table Of Contents
- Who are Blackbull Markets?
- Benefits Of Trading With Blackbull Markets
- Everything you should know about trading with Blackbull Markets
- Is Blackbull Markets Safe To Trade With?
- Pro's & Con's Of Trading With Blackbull Markets?
- Compare Brokers Similar To Blackbull Markets
- Regulation And Licencing In More Detail
- Blackbull Markets Awards
- Minimum Deposit Required For A Live Account With Blackbull Markets
- Blackbull Markets Commission And Fees Explained
- Compare broker fees against Blackbull Markets
- Blackbull Markets Withdrawal Fees Explained
- Blackbull Markets Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With Blackbull Markets?
- Alternatives To Blackbull Markets
- Frequently Asked Questions About Blackbull Markets
Who are Blackbull Markets?
Blackbull Markets is a forex broker headquartered in New Zealand and provides a variety of instruments for online trading. Since its inception in 2014, Blackbull Markets has emerged as a leading player in the industry of online brokerage. Blackbull Markets includes an extremely aggressive and full-featured trading website that's focused on forex, indices, metals, stocks , commodities.
Over the past 7 years, Blackbull Markets has grown into one of the leading online brokers.
After launching in 2014, their client base is becoming as large as 10,000+ clients.
Blackbull Markets is the favorite of many dealers.. Our Blackbull Markets review found that they are an excellent choice for automated trading solutions. It's most appropriate for investors that are searching for a variety of assets. Social and automated trading solutions are the core at Blackbull Markets.
Technology plays a substantial role at Blackbull Markets. Blackbull Markets features trading on MT4,MT5,mac,Android.iPhone/iPad. Blackbull Markets is honest, transparent, and a well-regulated agent by the Financial Services Providers Register (FSPR), FSPR number: FSP403326. Their outstanding array of tools will be beneficial for most traders. Third-party partnerships also supply in-house analysis.
The educational section at Blackbull Markets is very insightful for new traders as it allows them to get a closer look in the financial markets. Blackbull Markets caters to all types of traders and are a must-have broker for almost any well-diversified approach to trading.
If you feel that Blackbull Markets is not right for you then at the bottom of this Blackbull Markets review you wil find a lot of alternatives to Blackbull Markets.
Everything you ought to know about trading using Blackbull Markets
Blackbull Markets is a lively platform that provides various methods of trading online. These tools cover the financial markets considerably. The Majority of the broker platforms offer fewer methods than Blackbull Markets
If you would like to trade with Blackbull Markets, you will need a minimum deposit of $200. This deposit is compulsory if you want to begin trading using Blackbull Markets. This 2021 Blackbull Markets review will guide you safely about trading with them.
Blackbull Markets is as versatile as any other broker platform. Blackbull Markets is ideal for traders who want a manageable variety of cheap services. The programs supplied by Blackbull Markets are third-party, white-label offerings. All traders may select out of MT4,MT5,mac,Android.iPhone/iPad.
Together with everything, Blackbull Markets has multiple benefits to new and verteran traders and should be investigated. There's no minimum time on which a transaction must be kept open. The agents offer premium customer service that rewards clients with benefits.
Many unethical brokers attempt to pressurise customers into larger funding for superior services. Blackbull Markets, on the other hand, is more focused on trading volume. Traders can expect trading conditions to be reasonable, honest and transparent. The more lots traded by the user, the more advantages will become available.
Blackbull Markets accounts are available globally and provides excellent service everywhere they have clients. There are a few countries where Blackbull Markets accounts are not available. Traders in the following countries cannot open or use a Blackbull Markets account:
Is Blackbull Markets Safe To Trade With?
Established in 2014, Blackbull Markets has been in operation for 7 years, they have a head office in New Zealand.
Blackbull Markets is regulated by Financial Services Providers Register (FSPR), FSPR number: FSP403326. These bodies have rules that mandate that trading platforms have ploicies in place to maintain investor's assets procured. This usually means that Blackbull Markets users do not need to worry about their money since it is segregated and safely kept in established banks. SSL encryption simplifies each user's personal information as well.
You can make use of a choice for 2 Factor Authentications (2FA) with Blackbull Markets for heightened safety. An SMS with the confirmation code will be sent to a mobile phone. You will be required to input this code to log in to your account.
Another concern with financial brokers is in regards to safety might be manipulation of trading. This is highly disadvantageous to users on those platforms. However, this is more prevalent in the example of Market Maker agents who compete with customers on the stage.
Pro's & Con's Of Trading With Blackbull Markets
Every online trading platform has some pros and cons Blackbull Markets review would be complete without having a balanced approach. This Blackbull Markets review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
Blackbull Markets Pro's
- Blackbull Markets is trusted by 10,000+ clients
- Blackbull Markets doesn't charge inactivity fees
- Blackbull Markets doesn't charge deposit fees
- Blackbull Markets doesn't charge CFD fees
- Blackbull Markets offer trading on MT4,MT5,mac,Android.iPhone/iPad
- Blackbull Markets offer 60 trading instruments
- Blackbull Markets trades major forex pairs
- Blackbull Markets can communicate in English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian
Blackbull Markets Con's
- Blackbull Markets does not offer Negative Balance Protection
- Blackbull Markets does not offer Guaranteed Stop Loss
- Blackbull Markets charge withdrawal fees
- Blackbull Markets doesn't trade minor forex pairs
- Blackbull Markets doesn't trade exotic forex pairs
- Blackbull Markets doesn't offer trading on cryptocurrencies
Blackbull Markets Review - Compare Brokers Similar To Blackbull Markets
|Regulated By||Financial Services Providers Register (FSPR), FSPR number: FSP403326||Unregulated||Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA)||Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC)|
|Find Out More|
|Risk Warning||Your capital is at risk||Your capital is at risk||Losses can exceed deposits||84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.|
Blackbull Markets Review - Regulation And Licencing In More Detail
Blackbull Markets is regulated by Financial Services Providers Register (FSPR), FSPR number: FSP403326.
Blackbull Markets, as a company, has a powerful set of rules for ensuring honest trading on its own platform. For information encryption purposes, it provides an industry-standard secure socket layer (SSL).
As per the company's privacy regulations, client data is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
Blackbull Markets Review - Awards
- At the time of writing this Blackbull Markets review, they had not received any awards.
Blackbull Markets Review - Minimum Deposit Required
The minimum deposit that you must deposit to begin on Blackbull Markets is $200. This is a decent amount for people just beginning. You can make more advanced residue as you cooperate. But, ensure you know how to make the most of your cash before investing larger sums.
Blackbull Markets Review - Commission And Fees Explained
Blackbull Markets is an online broker platform, and many online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the businesses of online brokerages are scaled better. In other words, an online broker is not necessarily affected by the amount of customers they have.
But this does not mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to make money. There are primarily three different types of penalties for this purpose.
The first kind of fees to look out for are trading fees. When you make a genuine trade, like buying a stock or an ETF, you are billed trading fees. In such cases, you're spending a spread, funding rate, or a commission. The sorts of trading charges and the prices vary from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the other hand, a spread denotes the gap between the buying and selling price. Funding or overnight rates are those who are billed when you hold a leveraged position for longer than a day.
Apart from trading charges, online brokers also charge non-trading fees. These are dependent on the activities you undertake on your account. They are billed for operations like depositing cash, not trading for lengthy periods, or withdrawals.
In general, Blackbull Markets does not charge high fees compared to other online agents. For operations other agents charge for, they do not charge a brokerage fee, or they charge a smaller sum. This is beneficial for those who often exchange, such as daily or weekly trading.
However, non-trading fees charged by Blackbull Markets are comparatively competitive. As a result, you are billed more for non-trading actions on your trading account, like deposits and withdrawal. These aren't about the sale and purchase of resources.
This Blackbull Markets review breaks down every one of the relevant non-trading fees for you in detail.
Compare broker fees against Blackbull Markets
Blackbull Markets Review - Withdrawal Fees Explained
Blackbull Markets charges a withdrawal fee when you make a bank transfer. Every time you transfer money into your bank account, these withdrawal charges become applicable.
Withdrawal of money is possible at any time from your Blackbull Markets account. You can draw sums up to the sum of your account balance, keeping aside the perimeter utilized. 1 thing to remember is that you don't necessarily need to have any cash on your account.
In addition, the withdrawn money will be moved directly to the account you use to create deposits. Therefore, if you used a credit card for deposits, then the withdrawn cash is going to be sent into the card. Blackbull Markets will ask you to offer other withdrawal methods in case your details have changed since your deposit.
There is a minimum withdrawal amount. In case you are withdrawing cash in different currencies from USD, a conversion fee is also important. The conversion fee will depend on the currency you are choosing to withdraw in.
Blackbull Markets Review - Inactivity Fees Explained
Understanding whether you will be charged inactivity fees is only one of the buzzing questions which run through your mind when open an account with Blackbull Markets. An inactivity fee is an amount charged to registered traders who have not participated in buying or selling for some time. The period considered inactive is determined by the broker.
The inactivity fee differs from one broker to another and isn't standardized. If a traders account does not have a buying or selling trade, it is claimed by the agent as an inactivity fee. The traders need to pay this fee under conditions and terms they had agreed while registering.
Blackbull Markets doesn't charge inactivity fees so you are free to utilize your account as needed
Even if no fees are indicated by Blackbull Markets, it is better for you to close the account if you are inactive. Inactivity fees aren't only charged by broker firms but also many financial services.
For additional trading platforms, the inactivity fee depends upon the type of account you've chosen. The inactivity fee is exposed to a lot of circumstances and should be disclosed clearly by the agent beforehand.
Blackbull Markets Review - Deposit Fees Explained
When you transfer money in your trading account from your bank account, a deposit fee can be charged by the broker. Most agents do not charge too much money for this operation.
Blackbull Markets doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing cash on the Blackbull Markets trading platform is easy. You simply need to finish a single-user profile questionnaire to start depositing money into your trading account. You will need to give an identity proof and evidence of residency to deposit large amounts.
Blackbull Markets Review - Compare Broker Deposit Methods
What Can You trade With Blackbull Markets?
Note: Blackbull Markets provides a lot of different trading instruments due to regulatory restrictions in some countries. Trading instruments offered can be different based on the country of residence of the client.
Blackbull Markets has a wide variety of over 60 instruments available for you to trade with.
If trading currency pairs is of interest to you then Blackbull Markets offer over 50 currency pairs.
Compare Blackbull Markets, Ellevest, AxiTrader & Markets.com below.
Alternatives To Blackbull Markets
If, after studying this Blackbull Markets review, Blackbull Markets doesn't fulfill your needs check out these Blackbull Markets alternatives.
We have scoured the web to find the best alternatives to Blackbull Markets. Click the links below to find out more.
Frequently Asked Questions about Blackbull Markets
Can I try Blackbull Markets before I buy?
Yes, you can most certainly try Blackbull Markets before you buy. Blackbull Markets provides demo accounts for the convenience of new traders. You may use this feature to build your faith in the system as well as yourself and your trading strategies.
If you sign up to get a demonstration account on Blackbull Markets, you may set out using a decent amount of virtual currency. It is to establish a sense of safety and confidence in you before you decide to invest your own money.
With this digital Blackbull Marketsdemo account, you can experiment in any way, to whatever period you desire. You might also start positions, test different trading approaches, and more.
Blackbull Markets specifies on its official site that you can trade real time stocks in a demo account.
Is Blackbull Markets safe?
It is possible to drop all of your worries since we believe that Blackbull Markets is totally safe to use. It is in compliance with all the rules of Financial Services Providers Register (FSPR), FSPR number: FSP403326.
Even so, Blackbull Markets does not provide assured stop-loss protection.
Why does Blackbull Markets ask for my passport?
The reason that Blackbull Markets asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, Blackbull Markets has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, Blackbull Markets must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with Blackbull Markets?
The process to start trading withBlackbull Markets is perhaps simple enough to be a cakewalk. You need to begin by signing up on the Blackbull Markets website. It will require you to fill in details pertaining to the credibility and security of your account.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live acocunt with Blackbull Markets is $200. You should have a good hold over the nuances of online trading before you set out and trade with real money.
If you are confident of your knowledge and understanding, you can open an account with Blackbull Markets.
The best way to kickstart your trading career with Blackbull Markets is to open a demo account facility before risking any real money
What funding methods do Blackbull Markets accept?
There are a number of ways to fund your account with Blackbull Markets. The process is effortless and quick, with different payment methods in your fingertips.
You can use credit or debit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing money. You have to keep in mind that PayPal isn't available in every place. The monies Blackbull Markets
Is my money safe with Blackbull Markets?
Yes, your money is safe and secure with Blackbull Markets. As you already know, Blackbull Markets operates with good conformation to. It has established plenty of measures to protect all of its investors.
Blackbull Markets safeguards its clients' personal and sensitive information under SSL encryption. Your funds will be kept highly secure in top-tier banks.
If you wish to further protect your accounts, you can enable Two-Step Verification as well. It takes an SMS confirmation that you access your account.
Is Blackbull Markets trading good?
Yes, trading through Blackbull Markets is a pleasant and decent experience indeed. It's a great and intuitive platform with helpful features for your ease. Moreover, you can also obtain access to a vast selection of educational resources and assistive substance to kickstart your trading expertise.
If you are still skeptical, it is possible to open a eToro demo account and assess the credibility of the platform on your own.
Which Countries does Blackbull Markets support?
Blackbull Markets operates around the globe. However, due to regulations there are some countries that Blackbull Markets do accept clients resident in
Is Blackbull Markets legit?
Blackbull Markets is a legit company headquarted in New Zealand since 2014. They are regulated by Financial Services Providers Register (FSPR), FSPR number: FSP403326. Blackbull Markets is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is Blackbull Markets a good broker?
Blackbull Markets is an excellent broker, and its own users may vouch for this. The highlight of this platform is its quick order execution on trades.
You will find the clean layout of this platform and the commendable features that a pleasure to work with.
Is Blackbull Markets a trustworthy broker?
Yes, Blackbull Markets is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can reaffirm their trustable nature.
What is the minimum deposit for Blackbull Markets?
The minimum deposit to open a live account with Blackbull Markets is $200
How long do Blackbull Markets withdrawals take?
Normally, withdrawal of money from Blackbull Markets is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from Blackbull Markets to show in your bank account.
Are Blackbull Markets regulated?
Blackbull Markets are regulated by Financial Services Providers Register (FSPR), FSPR number: FSP403326
Is Blackbull Markets a market leading broker?
Blackbull Markets is currently one of the industry leaders. It has over 10,000+ registered customers and over 7 years of experience on its record. They are one of the world's top trading platforms and a dominant figure in the Fintech revolution.
It majorly owes this standing to its unbelievable platform and broad range of tools plus resources so that you may invest in capital markets.
Is Blackbull Markets a con?
No, Blackbull Markets is not a con. They are regulated by Financial Services Providers Register (FSPR), FSPR number: FSP403326 and must adhere to their rules. Thus, it is safe to say that Blackbull Markets is not a scam.
Can you make money with Blackbull Markets?
Using Blackbull Markets, several traders earn a great deal of money. But typically, through continual trading, you also can make between 2% - 10% profit a month.
This may seem to be a small number, but over the year, this adds to a substantial amount of gains. Even though Blackbull Markets provide you all the tools to earn money, they cannot guarantee that you will gain.
Does Blackbull Markets have fees?
Yes. To begin trading with Blackbull Markets, you have to deposit $200. Particular commissions while trading additionally applies. Any processing fees from your bank might have to be incurred by you.
When was Blackbull Markets founded?
Blackbull Markets was founded in 2014 in New Zealand. Blackbull Markets is regulated by Financial Services Providers Register (FSPR), FSPR number: FSP403326.
How many people use Blackbull Markets?
Blackbull Markets is a globally recognised broker with 10,000+ customers.
Where is the Blackbull Markets head office?
Blackbull Markets has its head office in New Zealand
Does Blackbull Markets offer negative balance protection?
No. Blackbull Markets doesn't provide negative balance protection. If your balance is negative, Blackbull Markets indicates that you promptly contact client services. With this, you can correct any imbalances in your account.
Does Blackbull Markets offer guaranteed stop loss?Blackbull Markets regrettably, doesn't offer guaranteed stop loss. Blackbull Markets provides an opportunity to its dealers to close their trades at their specified price. Apart from that, Blackbull Markets does not offer guaranteed stop loss.
Does Blackbull Markets allow scalping?Yes, Blackbull Markets do permit scalping. Several traders across the world select Blackbull Markets for their services that are trading. They offer trading on MT4,MT5,mac,Android.iPhone/iPad which allow this.
Does Blackbull Markets allow hedging?
Yes, Blackbull Markets does allow hedging.
Can you trade energies with Blackbull Markets?
Yes, you can trade energy stocks with Blackbull Markets
Can you trade agricultural shares with Blackbull Markets?
Yes, you can trade agricultural stocks with Blackbull Markets
Can you trade cryptocurrency with Blackbull Markets?
No, unfortunately you cannot trade cryptocurrency with Blackbull Markets
Can you trade metals with Blackbull Markets?
Yes, you can trade metals with Blackbull Markets
Can you trade UK Shares with Blackbull Markets?
Yes, you can trade UK shares with Blackbull Markets
Can you trade US Shares with Blackbull Markets?
No, unfortunately you cannot trade US shares with Blackbull Markets
Can you trade Japanese Shares with Blackbull Markets?
No, unfortunately you cannot trade Japanese shares with Blackbull Markets
Can you trade German Shares with Blackbull Markets?
Yes, you can trade German shares with Blackbull Markets
Does Blackbull Markets accept bank transfers?
No, Blackbull Markets does not accept bank transfers.
Does Blackbull Markets accept credit cards?
Yes, Blackbull Markets accepts credit cards for depositing money.
Does Blackbull Markets accept PayPal?
No, Blackbull Markets does not accept PayPal.
Does Blackbull Markets accept Skrill?
Yes, Blackbull Markets accepts Skrill for depositing money.
Does Blackbull Markets accept Payoneer?
No, Blackbull Markets does not accept Payoneer.
Does Blackbull Markets accept Neteller?
Yes, Blackbull Markets accepts Neteller for depositing money.
Does Blackbull Markets offer Live Chat customer support?
Yes, Blackbull Markets offers customer support through live chat.
Does Blackbull Markets offer phone customer support?
Yes, Blackbull Markets offers customer support over the telephone.
Does Blackbull Markets offer email customer support?
Yes, Blackbull Markets offers customer support through email.
What languages can Blackbull Markets communicate in?
Blackbull Markets has the ability to communicate and support customers who speak: English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian
Does Blackbull Markets have a wikipedia page?
No, Blackbull Markets does not have an official wikipedia page.
Does Blackbull Markets offer demo accounts?
Yes, Blackbull Markets offers demo accounts so you can learn their systems before risking any real money.