BlackBull Markets is an MT5 Forex broker, that is based in New Zealand and founded in 2014. They are licensed & regulated in New Zealand by the FMA, and by the FSA in Seychelles.
BlackBull Markets Review
Our review of Blackbull finds that what makes them unique, is their location in New Zealand. We have review many brokers from Cyprus, but it is nice to see a broker that is different.
As a fast growing online broker, you will see that they have a nice variety of currency pairs and assets available for trading. In addition to Forex, you will find listings for; Crypto Currencies, Shares, Market Indexes, Gold, Silver and Oil.
BlackBull offers high leverage margin rates of up to 500:1, which is attractive for risk taking day traders. Three different ECN trading accounts are offered, and the difference between them, is the size of spreads and commissions. For a new trading account, the minimum deposit starts at $50.
Investors that are interested in trading CFD’s on Crypto Currency like Bitcoin and Ethereum will see that BlackBull Markets offers very competitive spreads on Crypto.
You will see that you have a choice of MetaTrader trading platforms, either the MT4 or MT5 in desktop, web-trader or mobile app. More advanced traders will find FIX API and VPS Servers in global locations. Money managers can open and manage MAM trading accounts, Read more.
Is BlackBull Markets Legit?
Yes, BlackBull Markets is licensed by various financial regulators, depending on your country of residence. During the account creation process, you will have the option to select your regulator as either FMA New Zealand or FSA Seychelles.
The way that Scam Broker Investigator determines if a broker is legitimate or a scam, is by checking for a valid brokers license. If your broker is licensed by the governments regulator, then you can assume they will follow the rules, and deal honestly with the clients. For complaints or withdrawal problems, read this.
- New Zealand: Black Bull Group Limited is located at Level 22, 120 Albert Street, Auckland 1010 New Zealand. They are a registered Financial Services Provider, license number: FSP403326. They have a Derivative Issuer License, from the Financial Markets Authority.
- International: BBG Limited, located at: JUC Building, Office No. F7B, Providence Zone 18, Mahe, Seychelles, is licensed by the FSA Seychelles.
For complaints or withdrawal problems, read this.
Smart investors always review a few different brokers, before making a final decision, look here.
ForTrade is another popular broker, and they are licensed in Australia, United Kingdom, Europe and Canada. Day traders and Investors enjoy their unique trading platforms, see here. Try a Free Trading Account at: ForTrade.com.
If you are an existing client of this broker, please share your experience with our readers in the comments below.