Day: January 15, 2021

BlackBull Markets review A broker with a wide selection of assetsBlackBull Markets review A broker with a wide selection of assets

blackbull markets review

Videos demonstrate how to use and customize the MT4 trading platform and create templates. Users can access an economic calendar, but the analytical tools are limited and not as advanced as those provided by some of the competing platforms. Its commitment to client satisfaction, as well as its regulatory compliance with the Financial Markets Authority (FMA), make BlackBull Markets a trustworthy and secure option for traders. Furthermore, the brokerage’s negative balance protection offers an added layer of security for clients’ funds. It offers a range of trading platforms, including the popular MetaTrader 4 and 5, as well as its own proprietary trading platform called TradeBull. Read below for a full Blackbull Markets review to see if it’s the right brokerage for you.

There is an ECN Bridge Equinix NY4 located in New York, an ECN Bridge Equinix LD4 in London and ECN Bridge Equinix TY3 in Tokyo. You don’t need to worry if servers go down as there are a further two Equinix servers in the case that backups are needed. For Gold (XAU/USD), the 4-hour chart suggests a neutral-to-bearish stance.

  • The forex trading software provided by a broker company to its clients is called the platform and is used to carry out their trades.
  • Users can access an economic calendar, but the analytical tools are limited and not as advanced as those provided by some of the competing platforms.
  • In addition, there are lots of modern trading indicators available on the platform.

BlackBull Markets provide its customers with the popular trading plugin, Autochartist. Autochartist is a market analysis tool that uses advanced pattern-recognition technologies to uncover market possibilities. You can apply Autochartist’s knowledge to your favourite instruments today and begin receiving notifications when possible trade setups occur. I found there to be a great selection of traders to follow with various strategies. However, I didn’t feel confident enough to copy trades after taking a look at some of the statistics such as the drawdown and profit factor.

Blackbull Markets Trading Platforms

The Institutional Account caters to professional traders and institutions, providing a truly elite trading environment. If you follow the Muslim faith then there are Islamic friendly accounts available to you which comply with Sharia law. FXChoice are another broker who have Islamic accounts with a great selection of quick and easy funding options. BlackBull Markets do not charge a commission on CFDs and there are no additional mark-ups or re-quotes.

  • BlackBull is one of the few FMA regulated brokers that provide ECN pricing accounts and also list their average spreads.
  • You don’t need to deposit any cash to trade on the Standard account.
  • The available trading platforms are MetaTrader 4, MetaTrader 5, TradingView, and BlackBull Trader.
  • Changing the leverage is a very useful feature when you want to lower the risk of your trade.

And it’s not just because it has won numerous awards in the past but also for other reasons. After ID verification, you will receive a verification link within the email from the broker. Next, you will wait for your application to be reviewed and approved by the brokerage. However, this account is only available as a variant for the other accounts. This means that the features are the same depending on what type of account you choose.

Excellent service

While there is no need to go deep into the specification of each platform, generally we must say a BlackBull platform is a great software for manual either automatic trading. There is no restrictions for use of EAs, neither scalping nor hedging strategies so with BlackBull technology of execution and comprehensive education you may get the maximum, all depending on you. As well you may see more spread examples below and compare fees to another popular broker Pepperstone or other competition shown on the table below. After working many years in the website marketing industry, he decided to take on blogging full time and also get his finances headed in the right direction. I have always received great support from them and even had them reach out to me to see how things are going without being prompted to do so. I like this level of support but also sometimes I like to be able to get on with my trading undisturbed.

The blog section also contains some news articles to keep traders up-to-date with the latest happenings in the financial markets. New articles are regularly uploaded on the blog, while old articles are often updated from time to time. In a bid to ensure that traders get the most out of their trades, the broker makes available the FIX API tool.

blackbull markets review

BlackBull Markets offers traders a Virtual Private Service (VPS) for a monthly fee. Along with its advanced and competitive offering as we discover in our review, BlackBull also supports educational resources suitable for traders of different levels. However, after a week waiting and 2 times follow ups, there was no respons at all.

#1 Trading Community

Whether you trade on desktop or mobile, TradingView’s beautiful charts can supercharge your trading experience. This platform is packed with all of the trading tools that you need to conduct comprehensive market analysis. You will also find thousands of add-ons for the platform whilst limefx scam you can also code your own technical indicators and other tools. More brokers offer this platform, and more traders use this platform than any other forex trading platform. BlackBull Markets offers a wide range of educational materials and tools for analysis and market research.

You start by choosing the type of account for you on the broker’s registration page. Then, fill out your details, including your name on their fast and secure application form. Ideally, the VPS Trading tool helps minimize latency by up to 30% and boasts 99.999% uptime. It also allows for automated data backups and customizable security options.

blackbull markets review

The available trading platforms are MetaTrader 4, MetaTrader 5, TradingView, and BlackBull Trader. The broker offers ECN Standard, ECN Prime, and ECN Institutional account types to meet the needs of different traders. Trading fees are average, educational content is extensive and customer support is great at this broker. While the broker’s investment portfolio has an impressive 26,000+ trading instruments for you to choose from.

If the minimum deposit is US$50, what if my account balance falls below this amount?

To take money out of your account, you can use the same methods, but if you use a credit card, Skrill, FasaPay, Neteller, or UnionPay, you can only withdraw as much as you deposited with that method. BlackBull Markets has a Trust Score of 77, compared to the industry average of 83, and considers BlackBull Markets to be Average Risk. I like that I can personally talk to someone on the phone, they offer nice leverage and the spread on CFD’s for US Indexes is as good as you can get. The primary regulator of BlackBull Markets is the New Zealand Financial Markets Authority (FMA). It also maintains a subsidiary, BBG Limited, authorized by the Seychelles Financial Services Authority (FSA).

BlackBull Markets Instruments Summary

They also provide the MT5 platform which is ideal for trading stocks. Then there is ZuluTrade for anyone who is interested in social trading and copying the trades of others. The BlackBull Markets platforms and technologies are amongst the best in the industry and in place to make sure that clients can retain and grow their competitive edge in the global markets. I would not hesitate to trade with them, especially considering they operate in a regulated environment. If you are a high volume trader then you may be eligible for rebates and a more customised offering through the Active Trader Account.

How do you withdraw money from BlackBull Markets?

The broker provides a range of premium trading tools and over 300 tradable instruments. Consequently, this makes it a suitable trading platform for both new and active traders. The broker provides traders with a reliable support team who are available 24/7 to respond to clients’ general, technical, and account-based inquiries. The support team can be reached via telephone, email, and Live Chat.

They can be traded with ultra-low latency and straight-through processing on the proprietary trading technology provided. For those of you who are running more complex trading strategies and need direct market access with the best possible setup, there is a FIX API trading option also available. I like that BlackBull Markets have super-fast execution speeds with no delays.