Cryptocurrency trading is available at BlackBull Markets through CFDs, but not available through trading the underlying asset (e.g. Bitcoin trading). 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. BlackBull Markets is well-respected and trusted by thousands of traders globally because of its excellent trading conditions, robust security measures and regulatory oversight.

BlackBull Markets Account Types

1. The MetaTrader 5 platform is reputed for being the choicest multi-asset platform for traders and investors from around the globe.
2. The cTrader is another popular, sophisticated and feature-rich platform that provides traders with a fantastic and hassle-free trading experience.
3. BlackBull Markets process all withdrawal requests within 24 hours, and the back office handles all financial transactions from an easy-to-use interface.
4. BlackBull Markets offers a good variety of social trading sources like ZuluTrade or MyFXBook.
5. This ensures that your trades go directly to the market, and there’s no intervention or dealing desk manipulation.

For instance, it offers affiliate partners personal support and tools for tracking their affiliate business growth. Additionally, partners benefit from the guidance of a Personal Affiliate Manager with years of industry experience. The minimum deposit at BlackBull Markets varies depending on the type of account you choose ranging from $0-$20,000. For an ECN Standard Account, there is no minimum deposit requirement, making it accessible to traders with different budget sizes. However, if you opt for an ECN Prime Account, the minimum deposit is $2,000. For traders seeking a more customized solution and lower commissions, the ECN Institutional Account requires a minimum deposit of $20,000.

Forex Risk Disclaimer

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. Over the years, BlackBull Markets has grown into a popular ECN broker, serving thousands of clients from over 180 countries across the globe. In addition to their head office in New Zealand, BlackBull Markets has launched representative offices in New York, London, Jakarta, and Kuala Lumpur.

Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team. All BrokerNotes content is researched, fact-checked, and edited by the research team. Founded in 2014, BlackBull Markets is a forex and CFD broker headquartered in New Zealand. The broker has been fully authorized by the Financial Markets Authority (FMA) in New Zealand since 2020, and registered on the Financial Services Provider Register (FSPR) since the end of 2014.

The platform also offers screeners for multiple assets (stocks, forex and crypto), a robust alert system and a vibrant trading community for knowledge-sharing. It is ideal for expert multi-asset traders seeking a more powerful trading technology. It boasts 44 analytical charting tools, 21 timeframes and 38+ preinstalled technical indicators.

Blackbull Markets Fees

When trading BlackBull Markets forex currency pairs, your lot sizes start at 0.01 and can go up to 100. By using BlackBull Market’s social trading, you can copy trading strategies from other traders, replicating their performance. Just make sure that you choose your sources xcritically to make the most of BlackBull Market’s social trading features. BlackBull Markets offers a free VPS subscription if your trading volume exceeds 20 lots per month, in Forex currency pairs or Metals. This broker is an ECN broker, meaning that it uses electronic systems to match buy and sell orders in financial markets.

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. The trading fees, including commission and spread, are competitive, and execution is lightning-fast and precise — a unique feature of an ECN broker. As an ECN broker, BlackBull xcritical official site Markets lets you trade outside regular trading hours. BlackBull Markets delivers a fantastic trading experience that benefits beginners and seasoned traders. Its 26,000 tradable instruments across multiple asset classes make it easy to find an asset that suits your trading style or preferences.

We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. 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).

Desktop platforms

Its 26,000+ xcritical tradable instruments, including currency pairs, major market indices, equities, cryptocurrencies and commodities, positions it among the top five CFD brokers. BlackBull Markets offers trading platform demo accounts to allow traders to practice and familiarise themselves with the platforms before trading with real funds. The demo account options include MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView, BlackBull CopyTrader, and BlackBull Shares.

Access MetaTrader 4 (MT4) on desktop, web, Multiterminal or mobile app, and harness its powerful suite of technical analysis tools, fundamental data feeds, and Expert Advisors (EA) integrations. Operating from their Auckland, New Zealand office, the support team is well-equipped with expert trading knowledge, ready to provide quality answers to client enquiries. Separate from their CFD trading, BlackBull Markets also provides a share trading facility allowing direct investment in company shares. BlackBull Markets provides a straightforward account opening process with a focus on compliance and security.

For instance, New Zealanders aren’t offered cryptocurrency as a payment method, yet the only country able to use POLi. However, the broker lacks strict regulation from a top-tier regulatory authority, such as the FCA, CFTC, or ASIC. 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. 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. 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.

BlackBull Markets is considered a safe broker with an overall trust score of 37. The broker is regulated by the Financial Markets Authority (FMA) in New Zealand and holds an offshore license issued by the Seychelles Financial Services Authority (FSA). BlackBull Markets’ Education Hub is a comprehensive resource for traders looking to enhance their knowledge and skills. The hub includes a variety of educational materials and tools designed to cater to both beginners and experienced traders.