blackbull com Reviews Read Customer Service Reviews of blackbull.com
Most experienced Forex traders will choose an ECN forex broker as their overall fees are lower. They also have superior execution speeds with traders having direct access to other financial instructions and liquidity pools. Through the ZuluTrade social trading platform, Blackbull clients can gain exclusive access to a vast pool of professional traders and trading systems. It lets users locate successful traders and follow their trades, which are translated into real trades in their accounts. Note that traders will have to contact Zulutrade directly about possible platform costs. In our review, we found that Blackbull’s mobile support is great compared to other similar brokers.
BlackBull Alternative Brokers
- Depending on the trading strategy, it may become the most significant fee per trade.
- When you open an account with BlackBull Markets, you can be sure that you will be trading with a regulated broker.
- DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence.
- Separate from their CFD trading, BlackBull Markets also provides a share trading facility allowing direct investment in company shares.
- Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets.
They are a NDD ECN broker, meaning they pass your trades straight through to the liquidity providers – not influencing the prices or creating a fake market. From first glance, they are a very reputable broker in the industry with expert trading conditions for all types of retail forex traders – but let’s dive into more detail. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Trading Account Types
The features on the web-based platform are the same as for mobile; access to 80+ global markets and 26,000+ shares, 70+ order types, and advanced analysis tools. Blackbull offers a considerable range of trading platforms, including MT4, MT5, Tradingview, and its two proprietary platforms Blackbull Shares and Blackbull Trades. BlackBull offers a range of mobile trading platforms, including BlackBull Shares, BlackBull Trade, and MetaTrader 4 and 5. BlackBull Markets do charge a small fee on deposits, on all methods besides PayPal.
Accounts and Trading Fees
The company has a demo account that allows users to test the features and tools of their trading platforms. BlackBull Markets offers negative balance protection, which ensures you won’t lose more than you deposited during widespread market volatility. If you’re a margin trader, check that your broker has this protection, as it can help minimize risk. To protect users’ online trading accounts, personal identifiable information (PII) and other sensitive data at rest or in traffic across its network, BlackBull Markets employs state-of-the-art encryption protocols.
BlackBull’s Proprietary Technology: BlackBull CopyTrader and BlackBull Trade
Free VPS hosting is available to clients with $2000 or more in their accounts and at least 20 lots of traded volume per month. I performed my tests on a Standard trading account using the desktop version of the cTrader platform and the mobile app version of BlackBull Trade. Some features and services may vary depending on where you reside and which entity you open an account with. I determined that BlackBull Markets is a very good choice for those interested in automated trading or scalping. The broker achieves median execution speeds of under 75 milliseconds and offers free VPS hosting and FIX API – both facilitate even faster execution and lessen the risk of negative slippage.
Customer Service
BlackBull Markets delivers a comprehensive trading experience that meets the needs of every trader and is therefore highly recommended by Benzinga. BlackBull Markets offers decent research content informing traders of upcoming trading opportunities and recent market developments. I appreciated that cTrader has a built-in news screener and an economic calendar. The broker’s ‘Trading Opportunities’ articles, available from the website, are well-researched and informative. The broker also offers Islamic accounts for swap-free trading, as mandated under Shariah law.
The platform is also one of the best choices for scalping due to its vast array of timeframes, along with BlackBull’s fast order execution (under 75 milliseconds), FIX API, and VPS hosting. The table demonstrates how much you would have to pay to trade 1 full lot (100,000 units) on the EUR/USD with a pip value of $10 for each account. In our Trust category assessments, we evaluate blackbull markets review factors tied to stability and transparency, including the broker’s longevity, company size, and the transparency of information provided. In our reviews, we examine the licenses and regulations of each entity operated by a broker. We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation.
BlackBull Markets is well-respected and trusted by thousands of traders globally because of its excellent trading conditions, robust security measures and regulatory oversight. The broker is licensed and regulated by the New Zealand FMA and the Seychelles FSA. BlackBull Markets maintains strict compliance standards regarding client fund protection in line with these financial authorities’ regulatory requirements. These encompass chart exports, backtesting, fundamental stock data, trade ideas, chart exports, heatmaps, real-time global news and earnings calendars. BlackBull offers its trading clients free TradingView Essential, Plus or Premium — a significant cost savings considering the high subscription packages for each package.
Their spreads across other major currency pairs like AUD/USD, EUR/GBP, GBP/USD, and USD/JPY also align with industry averages, offering traders fair and consistent trading costs without commission fees. Founded in 2010, ThinkMarkets has its headquarters in London and Melbourne. To give beginner brokers an extra level of security, all ThinkMarkets clients receive negative balance protection. The Standard Account’s trading costs are included in the spread, while the Prime and Institutional accounts offer tighter spreads in exchange for a commission per lot.
New traders must submit a copy of their ID and a proof of residency document dated within the past three months. 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. In such a case, BlackBull Markets ensures a customer service representative is available.
The broker offers online trading of some precious metals, including gold and silver, that are often regarded as a safe haven during periods of turmoil in the financial market. BlackBull Markets allows the trading of precious metals with flexible leverage and minimum trade sizes. As a true ECN broker, BlackBull Markets operates the Straight Through Processing execution model, which offers access to the interbank markets without the intervention of a dealing desk. The broker offers its services to tens of thousands of traders from over 180 different countries. It mirrors or mimics a live trading account but with fake or virtual cash. Additionally, the BlackBull Markets’ library of insightful educational content is readily available to help you navigate the complexities of the trading world.
We scrutinise brokers based on their regulatory compliance, historical performance, and international presence. Our tiered approach to financial regulators helps us gauge the level of trust and consumer protection each broker offers. This combination of educational content and practical trading tools makes https://forexbroker-listing.com/ BlackBull Markets a strong broker for both learning and trading in various financial markets. BlackBull Markets offers a range of fee-free funding methods while requiring no minimum deposit to start trading. This allows anyone to make strategic decisions and charge a fee for others to copy trades.
BlackBull Markets is a New Zealand-based broker that offers institutional-grade trading conditions to traders across the globe. They offer forex trading and CFDs on indices, energies, metals, and more. The broker is reputable for offering high-speed execution, tight spreads that start from 0 pips, and 25/6 customer support services.
