BlackBull Markets – The Dark Horse (or bull)? Forex Broker Review

BlackBull Markets is a relatively young Forex Broker, founded in 2014. They are a multi-regulated Forex Broker with good spreads and standard commissions. BlackBull Markets offer great leverage, quality customer support & a large range of tradable products.

Forex Broker Overview

Regulation: FMA (New Zealand) & the FSA (Seychelles)
Tradable Instruments: Forex, Indices, Commodities, Metals & Energy products
Trading Platforms: MT4 & MT5
Max. Leverage: 500:1
Support: 24/5
Spreads: From 0.0 pips
Commission: $3

BlackBull Markets Review

BlackBull Markets is a reliable forex broker, with a solid range of offerings. They aren’t a forex broker that has the glamour of consistently 0.0 spreads like IC Markets, or the low commissions of brokers such as Fusion Markets. So what is the advantage of trading with BlackBull Markets?

Reliability.

With regulation changes in Australia coming into play, New Zealand is the last tier 1 jurisdiction that traders have access to 500:1 leverage. Traders can rest easy knowing that BlackBull Markets is a multi-regulated brokerage. At 500:1 leverage traders can place up to 100 lot trades per click, and have access to a number of social trading platforms. BlackBull Markets has No Dealing Desk (NDD), and operates segregated accounts for fund security. Their customer service runs 24/5, helping clients with funding & dealing issues around the clock.

Pros & Cons of Trading With BlackBull Markets

Pros:

  • Reliable
  • Range of products (300+)
  • $200 Minimum deposit
  • 500:1 leverage
  • Client Support

Cons:

  • Average pricing
  • Average spreads
  • Only MetaTrader Platforms

BlackBull’s EURUSD Spread (Average of March 2021)