BlackBull Markets

BlackBull Markets

Black Bull Group Limited
Min deposit: $0
Languages:

Overview

Headquarters
Auckland, New Zealand.
Regulation

FMA, FSA

US Traders Accepted
yes
Deposit Currencies
USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY
Trading Platform
MT4, MT5
Minimum Trade
0.01 Lots
Trading Instruments

Forex, Stocks, Commodities, Crypto

Online Since
2014
Demo Account
Yes
Pros
  • Available to residents of New Zealand – unlike many brokers that don’t have the required full FMA license.
  • Provides the full MetaTrader suite (MT4 and MT5).
  • Supports multiple third-party copy trading platforms, such as ZuluTrade and Myfxbook.
  • Integration with the TradingView web platform was made available in 2021.
Cons
  • Besides in New Zealand, lacks additional tier-one regulatory licenses, such as within the EU.
  • BlackBull’s Seychelles-licensed entity only offers light regulatory protection.
  • The narrow scope of BlackBull’s research and educational content can’t compete with what the best MetaTrader brokers offer.
  • Based on the average spreads we obtained, commissions and fees at BlackBull Markets appear to be in line with the industry average.
  • With only 281 symbols available for trading on MetaTrader, BlackBull Markets trails the best forex brokers.
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