You can opt to copy-trade as many signal providers as you want. The only condition is that you have enough funds and your copy-trading parameters allow it. This means that you can trade using micro lots, equivalent to 1,000 units of the base currency, which is the same as trading with a 0.01 lot size. A bigger deposit is also required which is at least $20,000. You get the same high leverage as in the other account types.
- In a recent study conducted by CompareForexBrokers.com, it was ranked the #1 fastest broker.
- The program offers incentivized bonuses and payments of up to $250 for any client who signs up on the platform, deposits funds and starts trading through your affiliate link.
- BlackBull Markets maintains an active presence on LinkedIn, X, Instagram, Telegram, WhatsApp, YouTube and Facebook.
- Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.
- However, to enjoy the VPS service, a minimum deposit of $2,000 and monthly trading of 20 lots across forex pairs or metals are required.
As a standard practice, you make withdrawals using the same deposit method. However, if you meet compliance requirements, you can withdraw funds using a method different from the one you used to deposit them. The minimum withdrawal amount and processing time also depend on your withdrawal method. A $5 withdrawal charge is applicable regardless of the withdrawal method. BlackBull Markets provides round-the-clock customer support through Live Chat, email or telephone.
We’d love to see the broker acquire more regulatory licenses in Tier-1 jurisdictions, which would only improve its Trust Score. BlackBull Markets has significantly expanded its range of markets with the launch of BlackBull Shares. Today, BlackBull offers over 26,000 tradeable symbols; 2,500 are available on MetaTrader 5 (716 in Prime account) and TradingView, and 311 symbols on MetaTrader 4. The table below summarizes the different investment products available to BlackBull Markets clients.
The broker has been fully authorized by the Financial Markets Authority (FMA) in New Zealand since 2020, and registered on the Financial Services Provider Register (FSPR) since the end of 2014. The BlackBull Markets brand also holds a license in the offshore island nation of Seychelles with the Financial Services Authority (FSA). In May 2023, BlackBull Markets received an investment from Milford Asset Management, a prominent private equity firm in New Zealand, which included the appointment of an independent Chairman. Use our country selector tool to view available brokers in your country.
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The BlackBull CopyTrader and BlackBull Trade are the broker’s in-house platforms. There is a very high degree of risk involved in trading securities. 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.
BlackBull Markets Professional Account
However, despite its multi-channel customer support and impressive awards, the broker has an average Trustpilot rating of 3.4/5 with various negative comments. Whether this reflects the broker’s overall customer service or indicates a few dissatisfied customers is not entirely clear. 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. The broker is fully regulated by the New Zealand Financial Markets Authority (FMA) and Seychelles Financial Services Authority (FSA) and offers negative balance protection. Account setup is fast and hassle-free, and traders are assigned dedicated managers. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets.
For example, the addition of quizzes and progress tracking features could help BlackBull further improve its educational offering for retail traders. Also available is TradingView, a popular trading platform that delivers a range of powerful charting functions and robust analysis tools. More recently, BlackBull further expanded its platform offering with the addition of its web-based BlackBull Trade platform powered by DXTrade. I’ve been with Blackbull for a while, after having a bad experience with other brokers. The interface is easy to use, deposits and withdrawals fast and easy with many different options. The best part is their super fast and excellent customer service on WhatsApp, especially Mariana of their team.
About BlackBull Markets
ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands xcritical scam of data points and publish tens of thousands of words of research. BlackBull Markets offers multiple platforms, including the full MetaTrader suite (MetaTrader 4 and MetaTrader 5), cTrader, TradingView, and multiple social copy trading apps. BlackBull Markets gives you access to the most popular trading platforms used by Forex brokers. The minimum and maximum deposit limits vary slightly across each method.
BlackBull Markets offers an Institutional account, which is meant for high-volume traders. To open a real account with BlackBull Markets there’s no minimum deposit. You can deposit whatever amount that you want to trade with. In this article, you’ll get a review of this broker, including analysis and instructions to open an account with BlackBull Markets. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Generative AI tools are not a part of our content creation or product testing processes.
Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. After almost two years of xcritical scam trading, they decided to remove all profits (10k). They never bothered to show any evidence, or give a detailed explanation.
Removed all profits after 2 years trading
Steven Hatzakis is the Global Director of Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. 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.
I decided to trading with a different broker that is local and required assistance with set-up, Rodolfo was extremely polite and answered all my questions clearly. He provided links for videos to assist me and eplain everything make it all sound less complex. Recently had a lovely experience with customer support named Christy.
Unfortunately, the demo account is available for only 30 days. BlackBull Markets offers four robust trading technologies alongside two in-house platforms. Having multiple platforms means you can choose the option that suits your trading style, preferences, goals and risk management strategy. The available choices include the globally recognized MetaTrader suites — MT4/MT5, cTrader and the TradingView platform renowned for its charting capability.