In such a case, BlackBull Markets ensures a customer service representative is available. In the case of share trading, their fees start from NZD $12 per transaction yet they’re not clearly explained anywhere on their website. 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.

Trading with a regulated broker will limit the potential for fraud and malpractice. I always recommend traders to check for regulation and verify it with the regulator by checking the provided license with their database. BlackBull Markets presents clients with two well-regulated subsidiaries. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time.

This is great because you can stop trading for the time that you want, and you can be sure that no inactivity fee will be charged to you. What this means is that your free margin must always be above 50%. If it falls under this value, the platform will start to automatically close your positions to keep xcritical official site the free margin above the threshold. Unfortunately, BlackBull Markets doesn’t offer a no-deposit bonus for new clients. On the other hand, you can get awarded up to $250 for referring a friend. BlackBull Markets is a Forex broker that gives you a wide range of instruments to trade besides Forex.

It results in a broad-based choice of trading instruments ideal for demanding asset managers and long-term dividend income-generating portfolios. BlackBull Markets has also added cryptocurrency CFDs, and the only asset class not offered is ETFs. Overall, BlackBull Markets provides three different account types, ECN Standard, ECN Prime, ECN Institutional, Islamic, Swap-Free, and Risk-Free Demo account options. The minimum deposit amount required to register a BlackBull Markets Professional live trading account is $1 USD.

1. Overall, BlackBull Markets provides three different account types, ECN Standard, ECN Prime, ECN Institutional, Islamic, Swap-Free, and Risk-Free Demo account options.
2. One of the most ignored trading costs is swap rates on leveraged overnight positions.
3. Account verification is mandatory to satisfy regulatory-mandated AML/KYC requirements.
4. However, the broker charges a fee on both credit card and Neteller withdrawals.
5. Such an account is offered as a variant of the Standard, Prime, or Institutional Accounts, with all other features of the regular accounts.

The broker is also licensed by The Seychelles Financial Services Authority (FSA). BlackBull Markets offers over 200 tradable instruments in the Forex, indices, stocks, and commodities categories. https://scamforex.net/ If you trade other symbols, like indices, or metals, the maximum lot sizes may vary. BlackBull Markets offers a good variety of social trading sources like ZuluTrade or MyFXBook.

Our Account Types: Standard, Prime, Institutional, and Swap Free

Account verification is mandatory to satisfy regulatory-mandated AML/KYC requirements. Elevate your trading experience with best-in-classcharting tools and receive TradingView Essential, Plus, or Premium. The domain blackbull.com is registered under our company, Black Bull Global Limited. This offer of services is also not intended for residents of the European Union, the United Kingdom nor any non-resident of New Zealand.

Once the account has been registered and approved a verification email will be sent to the registered email address and once verified, login. Every account type allows hedging, scalping, and automated trading via Expert Advisors. Successful and high-volume traders are entitled to several BlackBull Markets rebates and incentives to traders. However, the videos are located in the broker’s video channel instead of on its website, which can be quite confusing.

Understanding BlackBull Markets Key Features:

Beginner traders get fifteen videos, and numerous short Trading Guides, offering an in-depth introduction to trading. While I prefer more content, BlackBull Markets presents enough information for beginners. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights, in the commission based BlackBull Markets trading account.

TO BE A SUCCESSFUL TRADER?

The three BlackBull Markets account types provide traders with competitive choices. The ECN Standard account has a reasonable commission-free cost structure and no minimum deposit requirement, making it ideal for beginners to learn Forex trading. For a BlackBull minimum deposit of $2,000, active algorithmic traders and scalpers can get a cutting-edge trading environment with VPS hosting and API trading in the ECN Prime account. Demanding clients receive an industry-leading offer for $20,000 in the ECN Institutional option. Traders might ask customer support at BlackBull Markets for an extension. I like the trading experience at BlackBull Markets due to its competitive cost structure and excellent trade execution.

Does BlackBull Markets offer an Islamic account?

BlackBull Markets recently expanded its market research coverage with the acquisition of research firm ATM Strategy. Considerable progress has been made in the broker’s research offering, though BlackBull Markets still trails behind the best forex and CFD brokers in this category. BlackBull Markets has significantly expanded its range of markets with the launch of BlackBull Shares.