The table below captures the average spreads listed on each broker’s website. This means the spreads you get are determined by the liquidity providers used by the broker. This account is a RAW style account meaning ECN or STP execution is used with no dealing desk. To access the Institutional account, you’ll need to contact BlackBull directly. His leadership and dedication bring you unparalleled insights and the best forex content available.
Trust Scores range from 1 to 99 (the higher a broker’s rating, the better). Developed by ForexBrokers.com and in use for nearly 10 years, Trust Score is a proprietary rating system powered by a range of unique quantitative and qualitative metrics, including each company’s number of regulatory licenses. We also review each broker’s regulatory status; this research helps us determine whether you should trust the broker to keep your money safe. Led by Steven Hatzakis, Global Director of Online Broker Research, the ForexBrokers.com research team collects and audits data across more than 100 variables. He is a forex industry expert and an active fintech and crypto researcher.
- These resources are particularly useful for new traders who may need extra guidance.
- In my opinion, MT5 is a powerhouse for traders needing advanced analysis tools and multi-asset support.
- Blackbull customer service ALWAYS resolve any matters really quickly.
ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. 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. BlackBull Markets’ overall educational offering has made good progress recently with an expanded number of articles that are organized by category, yet it still has long way to go to catch up to the best forex brokers for beginners. Considerable progress has been made in the broker’s research offering, though BlackBull Markets still trails behind the best forex and CFD brokers for research. Free VPS service is also available if you deposit at least $2,000 in the ECN Prime account and complete at least 20 standard lots (2,000,000 units worth of trading volume) each month.
Yes, all traders from the European coutries are welcome at BlackBull Markets. The support team is available to assist with any inquiries or issues. BlackBull Markets provides customer support 24/6 via live chat, email, and phone.
Jessica was of great help!
Advanced chartists might yawn at the lack of deep-dive content on algo trading or niche strategies. The team operates in English, Spanish, Mandarin, and Arabic, which I confirmed by switching languages mid-chat. Only slight deductions were made as they don’t have as many commodities or cryptos available, but given their focus on forex, it’s understandable.
What Leverage is Offered by BlackBull Markets?
- So far the help desk and Louise, in particular solved many outstanding questions, as well as finishing account approv…
- Fernando was a great support agent and he helped me through all the hard steps i had to endure.
- Very helpful and friendly customer service.
- The broker has expanded its regulatory footprint to include oversight from authorities in New Zealand, the Seychelles, and beyond.
BlackBull Markets is a New Zealand-based online brokerage offering trading services in Forex, indices, commodities, metals, and cryptocurrencies. Whether you’re a novice looking to start your trading journey or an experienced trader seeking advanced tools and features, BlackBull Markets has something to offer. The broker uses advanced security protocols, including SSL encryption and segregated client accounts, to protect client assets.
Very helpful and friendly customer service. Overall i highly recommend the platform and it’s services. Good customer support in BlackBull especially an agent Matti was so prompt to help me out in pending deposit explaining everything clear and short. I had trouble transferring funds from my wallet to my trading account and Sofia really helped.
Mobile Trading Apps
By running Expert Advisors (EAs) over 2 x 30 hour periods, we could determine the execution speeds of each forex broker offering MT4. This reduction is vital for strategies like scalping and automated trading, as it minimises slippage risks and ensures accurate trade execution. BlackBull Markets trading experience is further enhanced by their use of Virtual Private Servers (VPS) in partnership with BeeksFX and BeekFX, reducing trading latency by up to 30%. This places BlackBull Markets at the forefront in terms of execution speed compared to other brokers. The broker has an impressive offering of different training tools and some social trading functions in the form of Zulu Trade. Whether you’re a technical trader or just starting, TradingView’s integration with BlackBull Markets provides a seamless experience for market analysis and execution.
Trading Fees
Additionally, the broker’s website features a comprehensive FAQ section and a knowledge base, covering a wide range of topics from account setup to trading strategies. I have been actively trading with BlackBull Markets on TradingView, and my experience has been excellent.Execution is fast, spreads are competitive, and the platform integration with TradingView is very smooth. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. We also evaluate the overall design of the mobile experience, and look for a fluid user experience moving between mobile and desktop platforms. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).
What is BlackBull Markets?
For these reasons, BlackBull Markets gets an overall final score of 94/100, which easily places them in my top 3 brokers reviewed. The material leans beginner-to-intermediate, perfect for newbies or casual traders looking to sharpen their skills. Their support agent “Jonathan” was very fast in answering my rather complex questions, such as withdrawal times and account currencies, which left me pleasantly surprised. Like many other brokers, they have an AI chatbot, with the option to transfer to a human agent. This is a decent offering, but not higher than what other brokers offer.
Customer Service
From my experience, it’s an excellent choice for traders who value customisable tools and community-driven insights. In my opinion, MT5 is a powerhouse for traders needing advanced analysis tools and multi-asset support. If you are the kind of trader who appreciates a detailed and flexible trading system, then MT5 is your go-to platform. If you’re the type of trader who values reliable, no-frills trading with a focus on technical analysis, MT4 on BlackBull Markets is an excellent platform to consider.
Mobile trading apps
This process ensures an accurate and up-to-date analysis of brokers’ spreads. As shown in the table below, these commission rates are lower than the industry average, with brokers charging around $3.44 USD. BlackBull Markets offers two ECN accounts (Prime + Institutional) and a standard account with no commission. Additionally, BlackBull charges a flat $5 withdrawal fee regardless of the funding method, which is uncommon among brokers.
The ECN Prime account requires a $2,000 deposit and offers tighter spreads and advanced trading features, suitable for experienced traders. Demo accounts provide a risk-free environment for traders to hone their skills and test strategies on different platforms offered by BlackBull Markets. I always put a strong emphasis on customer support when choosing a broker to trade with, as I want reassurance that my trading issues can be quickly resolved.
BlackBull Markets fees
BlackBull Markets holds an impressive 4.8 out of 5 rating on Trustpilot, based on 2,365 reviews, reflecting strong customer satisfaction 4.8. BlackBull Markets’ monthly trading volume reportedly exceeds $22 billion, suggesting a substantial operational scale despite its mid-range positioning in search and traffic metrics. The blackbull markets review broker has expanded its regulatory footprint to include oversight from authorities in New Zealand, the Seychelles, and beyond. Web traffic data positions it somewhat higher, with Similarweb reporting 17,165 global visits in August 2025, placing BlackBull Markets as the 61st most visited broker.
Yes, BlackBull Markets is regulated by the Financial Markets Authority (FMA) of New Zealand, providing a secure trading environment for its clients. The broker is regulated by the Financial Markets Authority (FMA). BlackBull Markets is regulated by the Financial Markets Authority (FMA) of New Zealand, providing clients with a secure trading environment.
BlackBull Markets offers a range of educational resources, including webinars, trading guides, and market analysis, to help traders improve their skills and knowledge. The broker provides a free demo account, allowing traders to practice their strategies and familiarize themselves with the platform before committing real funds. The broker offers a wide range of financial instruments, including Forex, indices, commodities, metals, and cryptocurrencies, catering to various trading strategies and preferences. For institutional clients or high-volume traders, the ECN Institutional account requires a $20,000 deposit and provides the lowest spreads, dedicated support, and customizable trading conditions
Great and prompt support. Had a login issue but Louise from chat team resolved it quickly. Would be handy if they had integrated Trade Journal support By bar the best platform on resolving issues, and there agent Louise is doing a great work, thank you! Sydney helped me solve it via chat in few minutes..great service I have being using blackbull since 3 months and very satisfied with it..I had a small withdrawal to be reviewed.
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