From looking around the site it does not appear that there are any promotions or bonuses currently running. If you are interested in bonuses you could always contact the customer service team to see if there are any coming up that you could take part in. BlackBull Markets will aim to process any withdrawal requests within 24 hours of the request being made. The ECN Standard account has spread starting from 0.8 pips, the ECN Prime account has spread starting from 0.01 pips and the ECN Institutional account has spreads starting from 0 pips. The spreads are variable which means they move with the markets, the more volatility in the markets the higher the spreads will be, different instruments will also have different starting spreads. Trade sizes start from 0.01 lots which is known as a micro lot, they then go up in increments of 0.012 lots.
To withdraw funds from your BlackBull account you simply should login to your account area or a Client Portal and submit a request. While Active or professionals traders will better use ECN Prime account with raw spreads from 0.1 pips and a commission charge $6 per trade. The choice of financial assets offered by BlackBull Markets is extensive compared to other similar brokers, with a range + instruments. As per our review, BlackBull Markets effortlessly integrated their MT4 trading account in MT5 with the well-known trading plug-in Autochartist. Autochartist is an analytical tool that uses a powerful pattern recognition program to detect potential market opportunities. You can apply Autochartist’s knowledge to your most popular instruments and begin receiving alerts whenever possible.
NewsBlackBull Markets Unveils BlackBull Trade Platform Powered by DXtrade
BlackBull Markets allows its clients to make withdrawals via the same payment methods available for deposits making it easy for investors to access their funds. BlackBull Markets do charge a small fee on deposits, on all methods besides PayPal. Bank Transfers have a 20 base account currency fee, and Skill/Neteller both have a 5 base account currency fee. The large majority of Forex brokers do charge a small withdrawal fee and the fees charged by BlackBull are very competitive. In short, Blackbull markets are a fully trusted and regulated forex trading broker, providing great conditions and segregated client funds, meaning your capital is safe.
All information transmitted is secured by a secure SSL connection. limefx official site adheres to segregated client funds at the top-tier banks and provides negative balance protection for its traders. In addition, the company has been registered by the FSPR, which implies strict laws should be adhered to. AML and KYC policies are in place for new client registrations and are ongoing. BlackBull offers a partnership program in foreign exchange for its traders. It is one of the most successful forex brokers in the world and always puts its partners first.
Great customer service
The prices are shown, and you can see the spread (bid and ask price). Even the market depth and tick-chart are supported by the software. If you do right-click in the chart, there are just more options for customizing the software.
- BlackBull Markets has also added cryptocurrency CFDs, and the only asset class not offered is ETFs.
- As for the payment methods, you can choose between
PayPal, Skrill, Credit/debit cards, Neteller, Local bank transfer, FasaPay and AstroPay.
- With its regulatory status, it offers competitive conditions to trade in markets and is also tops among the brokerages with high leverage ratios.
- The broker Лайм ФХ is a great option with very low spreads and fees for less popular Forex pairs or assets.
- I always recommend traders to check for regulation and verify it with the regulator by checking the provided license with their database.
BlackBull Markets withdrawal fees are high compared to other brokers, but no commissions are charged for deposits. You can fund with Bank Transfer, Fasapay Mastercard, Neteller, and Unionpay. ZuluTrade is a peer-to-peer, social trading platform where you can mimic the trading strategies of thousands of registered currency traders from 192 countries. The one thing I could not find, which left me disappointed, was a reference to negative balance protection.
There is no commission for the ECN Standard account, a commission of 6 USD per lot for the ECN Prime account and 4 USD per lot for the ECN Institutional account. The videos have depth and cover both fundamental and technical analysis topics in a comprehensive manner. For this test, we opened an individual MT4 and MT5 Standard account with Black Bull Group Limited, regulated by the Financial Markets Authority (FMA) of New Zealand. The registration process took exactly 5 minutes, and our account was approved in one working day.
Fundamental data
BlackBull Markets is also planning to provide its clients with free TradingView, an excellent analytical tool that is expected to be available soon. BlackBull Markets was founded in the financial capital of Auckland, New Zealand, in 2014. After its inception, BlackBull Markets’ founders were inspired to work in the equities retail market to provide customers with the most optimal experience. Today, BlackBull Markets supports more than 10,000 traders from more than 180 different nations and actively seeks opportunities to improve their clients’ trading experience. I appreciate the flexibility at BlackBull Markets for deposits, as after the initial deposit, follow-on amounts remain at the discretion of traders.
If you’re considering joining BlackBull Markets, it might be helpful to try out the brokerage’s trading platforms and account types through a demo account. This can give you a better sense of whether the brokerage is a good fit for you and your trading needs. The broker Лайм ФХ is a great option with very low spreads and fees for less popular Forex pairs or assets.
The No-Fee Funding model applies to all accepted payment methods, including credit cards, bank deposits, Skrill, and Neteller. BlackBull Markets offer customer support with topmost priority to its clients. The friendly, supportive and dedicated account managers provide 24/7 assistance in various languages through live chat, phone, and email. While BlackBull Markets does not offer bonuses, it maintains an Active Trader Account where it presents qualifying traders with monetary incentives like lower commissions or services like free VPS hosting. Given the excellent trading infrastructure and competitive trading costs, I do not consider the absence of incentives for new retail traders as a negative factor. I like that BlackBull Markets offers the FIX API, allowing algorithmic traders to connect advanced trading solutions.
We got a fast response, and the support agent let us know that they offer stocks and BTCUSD on the MT5 platform. We then asked how we can open an MT5 account and were instructed to send an email to The broker provides instant execution and https://limefx.group/ allows scalping and hedging strategies. Traders have to contact the support team to change their leverage. Traders who prefer a modern platform should try the MT5 platform since the MetaTrader 4 forex trading platform is a bit dated.
The information and videos are not investment recommendations and serve to clarify the market mechanisms. The texts on this page are not are not investment recommendations. You will get the best liquidity and execution with this broker. Overall, we can recommend BlackBull Markets as a trusted forex broker with very good conditions.
Customer Support
However, if you stay away from these practices and trading strategies, your fund should be protected from a negative balance. For trading forex, BlackBull Markets is offering the well-known trading platform MetaTrader 4. You get access to more than 100 different markets with your computer or mobile phone.
Overall, BlackBull offers a range of trading tools to assist traders in their trading activities. It’s difficult to make a definitive determination on whether BlackBull is safe or a scam as there is no clear consensus on the matter. It’s important for individuals to conduct their own research, carefully evaluate the broker’s features and services, and exercise caution when investing their money. BlackBull Markets clients can withdraw money from BlackBull Markets using the same options as deposits.
Is BlackBull Markets regulated?
However, the broker’s fees are not as low as the ones charged by its closest competitors. Gold’s Reaction to Upcoming Non-Farm Payrolls
Gold trading faced headwinds on Wednesday as the U.S. dollar strengthened despite Fitch’s downgrade of the U.S. credit rating to AA+ from AAA. Investors seemed unfazed and focused on positive data from the ADP National Employment report that might possibly indicate a larger-than-expected Non-Farm Payrolls report this… 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. As with any brokerage, there are also some potential cons to consider when evaluating BlackBull Markets.
With a fee of US$6 per 100,000 of trades and spreads beginning at 0.1 pip, Prime Account is the perfect choice for traders who want the most value from their trades. BlackBull Markets offers many videos demonstrating how to use the trading platform, including detailed guides on how to configure templates in MT4, use technical tools and customize the platform. The most important concepts are explained in the Trading Glossary. The platform has the same design, is available in the same languages, offers the same order types (plus Trailing Stop), and has the same search functions as the web trading platform. The portfolio and fee reports are clear as well, and you can download them if you right click on the History tab and select « Save as detailed report ». Similarly to the web trading platform, BlackBull Markets offers MetaTrader 4 as a mobile trading platform.