BlackBull Markets offers MT4/MT5 as a desktop client, webtrader, and mobile app. BlackBull Markets offers traders an excellent asset selection, placing it in the Top 5 brokers in the industry. Forex traders get 60+ currency pairs, but the bulk consists of 23,000+ equity CFD and the underlying asset for direct share dealing from 80+ global stock exchanges. It results in a broad-based choice of trading instruments ideal for demanding asset managers and long-term dividend income-generating portfolios. BlackBull Markets has also added cryptocurrency CFDs, and the only asset class not offered is ETFs. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.
Free VPS hosting from NYC Servers or BeeksFX is available for ECN Prime accounts with trading volume above 20 lots, which is an offer I find reasonable. BlackBull Markets also supports social trading via market leaders ZuluTrade and Myfxbook Autotrade plus newcomer HokoCloud. BlackBull Markets also allows its clients to connect their accounts to TradingView, an active community with 30M+ traders. I like the spreads available at BlackBull Markets, which confirm the existence of institution-level pricing for retail traders. A typical raw spread of only 0.1 pips during the London/New York overlap is very competitive and an excellent offer from BlackBull.
- BlackBull Markets usually processes each withdrawal request in less than 24 hours.
- Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here.
- The available choices include the globally recognized MetaTrader suites — MT4/MT5, cTrader and the TradingView platform renowned for its charting capability.
- For instance, the ECN Standard account is commission-free and requires zero minimum.
- Registration with the NZ legislation regime announces BlackBull Markets good standing and reliability to its provided services also means BlackBull Markets is a fully legit broker that obliges to the regulatory regime.
Review Sections
This account charges commissions based on the lot size that you trade with a value of $4.00 per lot. After BlackBull Markets has received your BlackBull Markets withdrawal request, you will receive a confirmation email regarding the status of your BlackBull Markets withdrawal within two business days. It shouldn’t take more than a few days for you to get your money from BlackBull Markets to the withdrawal method you selected. It is possible that you will not receive your money from BlackBull Markets for up to ten business days after making a BlackBull Markets withdrawal request.
What is the Minimum Deposit at BlackBull Markets?
BlackBull Markets follows well-established industry practices for onboarding new traders. The research also consists of technical analysis, but the entire package costs $45 monthly. BlackBull Markets is a maturing broker that has been in operation for nearly a decade and has made great strides over the last two years toward improving its value proposition to traders and investors. In our 2024 Annual Awards, BlackBull earned Best in Class honors for our Offering of Investments category. That said, BlackBull still has room to further improve against the competition. We’d love to see the broker acquire more regulatory licenses in Tier-1 jurisdictions, which would only improve its Trust Score.
It prides itself on speed and precision, promising traders ECN/NDD execution with deep liquidity through the MT4/MT5 trading platforms. I have conducted an in-depth review to determine if their advertised ECN, deep liquidity, and price aggregation, as well as institution-level pricing for retail traders, lives up to the hype. The account minimum, spread and commission depend on your selected account types.
As well you may see more spread examples below and compare fees to another popular broker Pepperstone or other competition shown on the table below. 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. In our assessment, they scored 10/15, balancing an easy onboarding experience with thorough identity and residence checks.
This is necessary both for safety and because the BlackBull Markets trading platform is legally required to verify the identity of their BlackBull Markets customers. It is essential that you have completed the verification process for your live BlackBull Markets account, before withdrawing funds. Comprehensive information on specific support resources, such as account, platform and market support, can be found in the support dropdown tab at the lower part of the menu. BlackBull’s exceptional service and commitment to its trading community were core factors in the broker winning the Best in Class for Offering of Investments in ForexBrokers.com’s 2023 Annual Awards.
These features are designed to optimize technical analysis during day trading. Suppose you’re a long-term buy-and-hold investor focusing on fundamental analysis. The platform also offers screeners for multiple assets (stocks, forex and crypto), a robust alert system and a vibrant trading community for knowledge-sharing.
Customer Support
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. These demo accounts provide a risk-free environment for traders to hone their skills and test strategies on different platforms offered by BlackBull Markets. As shown in the table below, these commission rates are lower than most top brokers such as Pepperstone, IC Markets, and EightCap, which charge $3.50 USD.
BlackBull Markets Social Trading
Typically, your location or jurisdiction determines the acceptable payment xcritical official site method. Depending on your chosen method, the deposit processing time ranges from under a minute (instant deposit) to up to 24 hours or a few days. With our finds, we see BlackBull Markets provides quality trading conditions and is a fully regulated broker.
If you enjoy multi-asset trading on the go and need a robust mobile platform, BlackBull Trade might just be what you need. This is more so because its features mirror MT4/MT5 and cTrader but with added flexibility and convenience. These encompass chart exports, backtesting, fundamental stock data, trade ideas, chart exports, heatmaps, real-time global news and xcriticalgs calendars. BlackBull offers its trading clients free TradingView Essential, Plus or Premium — a significant cost savings considering the high subscription packages for each package.
Does BlackBull Markets Charge a Fee to Withdraw Your Money?
If your BlackBull Markets withdrawal method or xcritical cheating home country does not use the US Dollar as its primary currency, your BlackBull Markets withdrawal method will perform the currency conversion for you automatically. During the BlackBull Markets withdrawal process, BlackBull Markets will display BlackBull Markets various fees in their entirety. Before you actually take the money out of your BlackBull Markets account, there are a few things you need to take into consideration first.
TradingView is the #1 charting and analytical platform used by 50+ million traders worldwide. Suppose you’re an active day trader or swing trader aiming to refine your strategies and develop unique trading styles. The platform xcriticals limitless flexibility and customizability with unparalleled functionality and ease of use. Highlights of its analytical features include 400+ built-in indicators, 100,000+ community-built indicators, 20+ timeframes and 15+ chart types. One unique feature of the cTrader platform is the cTID (cTrader ID) login functionality. This feature facilitates seamless access to all your linked trading accounts via a single login.
All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information. You may refer to the support with any concern or question you may have and also count on a quality service while the support team accessible via Live Chat, International Phone Lines and email also supporting world centers. While there is no need to go deep into the specification of each platform, generally we must say a BlackBull platform is a great software for manual either automatic trading. There is no restrictions for use of EAs if you select MetaTrader, neither scalping nor hedging strategies so with BlackBull technology of execution and comprehensive education you may get the maximum, all depending on you. Registration with the NZ legislation regime announces BlackBull Markets good standing and reliability to its provided services also means BlackBull Markets is a fully legit broker that obliges to the regulatory regime.
