A popular broker among retail traders, BlackBull is a smaller broker and therefore has a greater focus on individual traders, with immense customer support they're easily the most friendly to new traders.
Pros and Cons to Consider
⦁ MT4 platform
⦁ high leverage
⦁ competitive spreads
⦁ advanced AutoTrade options
⦁ not so strict regulation in New Zealand
⦁ no web-based platform
BlackBull is one of the top 5 trading brokers in the world in terms of commissions and fees. For instance, it charges no commission on one of its flagship accounts, the Standard Account. And, on the Prime Account, it charges only $6 per traded lot.
Furthermore, there’s no additional fee for AutoTrade and, on top of everything mentioned so far, institutional accounts’ commissions are negotiable.
Account Opening Procedure at BlackBull Markets
User-friendly procedure to open and set up a trading account. Offering a free demo account, BlackBull Markets requires minimum deposits for some of its accounts:
⦁ $200 for the Standard Account
⦁ $2000 for the Prime Account
⦁ $20000 for the Institutional Account
BlackBull Deposit and Withdrawal
BlackBull Markets has a minimum initial deposit of $200, with all popular payment methods available. To compensate for it, BlackBull accepts all major international currencies (ZAR, USD, EUR, GBP, JPY, AUD, NZD, SGD, CAD).
What to Trade with BlackBull
CFDs (Contracts for Difference), Crypto, Metal and Energy commodities – just a few markets offered by BlackBull broker. Moreover, traders can request access to crosses and exotic currency pairs too.
Offering 1:500 maximum leverage, BlackBull markets top the list of brokers with such conditions. As for the account types, besides the free demo option, an Islamic account is available too. Not surprisingly for BlackBull, the ECN (Electronic Communication Network) is the cheapest alternative available.
BlackBull Trading Platform
Equipped with eighty-five trading indicators, the BlackBull MT4 platform has both desktop and mobile versions. Trading on the go also works when using the copy trading alternative on AutoTrade, at no additional charge (minimum account balance $1000).
Research and Customer Service when Trading with BlackBull Markets
Clients have access to a morning newsletter from Daily FX. On top of that, BlackBull trading platform offers market updates every two hours.
Live chat, email, phone support – all available, making the customer service one of the highest in the industry.
Trading Education with BlackBull
Via its FX Academy, BlackBull provides all clients with a wide selection of training videos, together with an up-to-date blog.
Funds Safety and Regulation
BlackBull Group Ltd. segregates the funds to a custodial bank and applies strict Anti-Money Laundering rules. As a member of New Zealand’s FSCL (Financial Services Complaints Limited – a qualified independent dispute resolution company), BlackBull Markets compensates consumers for up to $200,000.
An award-winning broker, BlackBull Markets offers a wide range of products and trading accounts. Coupled with a fantastic market coverage and an above-industry standard trading platform, BlackBull aims at topping the list of Forex brokers catering to retail traders.
Being a smaller company that has a far greater focus on their traders and really seem to help you in any way they can. BlackBull markets have the best customer service available, they honestly cherish each and every trader and drive a unique and pleasurable experience for each member.
See how BlackBullMarkets can make develop your trading skills into the best way possible by clicking BlackBullMarkets Home.