Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team. All BrokerNotes content is researched, fact-checked, and edited by the research team. Steven Hatzakis is the Global Director of Research for ForexBrokers.com. 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.
- Traders can also access multiple order types, 30+ pre-installed indicators and analysis tools, nine timeframes, one-click order execution, multiple chart set-ups, and a market watch window.
- Highlights of its analytical features include 400+ built-in indicators, 100,000+ community-built indicators, 20+ timeframes and 15+ chart types.
- Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry.
BlackBull Markets commissions and fees summary
In exchange for this commitment, customers will enjoy customized liquidity solutions and some of the narrowest spreads available on the platform. With no minimum deposit requirement, this account facilitates commission-free trading at a starting spread of 0.8 pips. Regarding asset classes, users can access all primary options while utilizing the MetaTrader 4 compatibility feature effortlessly.
Institutional Account
It is good to see various educational resources, ideal for beginners. This includes MT4 videos, forex analysis guides, and a trading glossary. Global clients may trade under the BBG Limited subsidiary, registered in the Seychelles and regulated by the Financial Services Authority (SVGFSA). The levels of support and protection may vary depending on the entity. MT4 and MT5 permit access to all trading indicators, drawing tools, and automated functionalities found within the web-based platforms. This includes comprehensive price analysis, the use of algorithmic trading applications and copy trading.
Overnight Fees
It boasts 44 analytical charting tools, 21 timeframes and 38+ preinstalled technical indicators. It also features a depth of market (DoM), detachable charts, an integrated economic calendar and extra pending order types (sell stop limit and buy stop limit). BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs. All content is researched, fact-checked, and edited by our research team and https://xcritical.pro/ all ratings and rankings are based on the team’s in-depth product testing. BlackBull offers a vast selection of markets, with 72 forex pairs and over 26,000 tradeable symbols, making it highly recommended for traders seeking a broad array of investment opportunities. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers.
Easy-to-Use Platform
BlackBull Markets delivers a comprehensive trading experience that meets the needs of every trader and is therefore highly recommended by Benzinga. The trading fees, including commission and spread, are competitive, and execution is lightning-fast and precise — a unique feature of an ECN broker. As an ECN broker, BlackBull Markets lets you trade outside regular trading hours. 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. Additionally, it requires a $2,000 minimum deposit and a $6 per lot commission.
BlackBull Markets may charge internal withdrawal fees of $5 or an equal amount, depending on the method and currency. Overnight fees are incurred when a leveraged position is held overnight. These are based on the xcritical interest rate difference between the traded currencies or asset classes. Yes, BlackBull Markets supports the MetaTrader 4 and MetaTrader 5 platforms and other proprietary and web-based systems.
If Frank Forex has a down year, you can choose to unlink your account with his and move on to Cindy Currency, the next high-rising trader you’d like to emulate. You should think of copy trading just like shopping for a renewable household item—when a better deal comes along, you should switch. You can choose from a list of preferred social traders on the site right now, grow your portfolio and learn as you invest. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry.
Our broker ratings are also informed by the experience of our researchers during the evaluation process. BlackBull Markets offers an impressive selection of trading tools to enhance clients’ trading experience. For instance, the free VPS provides automated data backup, reducing slippage and latency by 30%. This VPS is provided by ForexVPS, with servers near relevant exchanges in New York, London and Japan to optimize execution speed and reliability. 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.
Suppose you’re an active day trader or swing trader aiming to refine your strategies and develop unique trading styles. In that case, TradingView is a must-have tool in your trading arsenal. The platform xcriticals limitless flexibility and customizability with unparalleled functionality and ease of use. Highlights of its analytical features include 400+ built-in indicators, 100,000+ community-built indicators, 20+ timeframes and 15+ chart types. BlackBull Markets has solidified its reputation as a trusted and reliable broker.
BlackBull Markets CFDs are offered on forex, stocks, indices, commodities and cryptos with tight spreads and high leverage. The ECN accounts offer fast execution and low slippage, and the broker provides traders with plenty of extra tools and features plus 24/7 customer support. BlackBull is a New Zealand-based CFD broker with trading opportunities on forex, stocks, indices, commodities and cryptos. The broker supports the MetaTrader 4 and 5 platforms as well as TradingView, cTrader and a proprietary mobile app. Clients can trade with high leverage and tight spreads from 0 pips on the broker’s ECN accounts. A demo account is available to get beginners started before trading live.
Some of cTrader’s basic technical features are 55+ technical indicators, 28 timeframes, 6 chart types, level 2 DoM and no stop/limit level restrictions. The platform also boasts custom cBots for algo trading, news feeds, market sentiments, custom time zones and a selection of built-in widgets from reputable sources like Trading Central and FXStreet. Jeff Anberg is a Staff Editor at BrokerNotes.co and ForexBrokers.com. Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets. He is a long-time active investor and engages in research on emerging markets like cryptocurrency. Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University.
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. Trading costs at BlackBull Markets are about average for the industry, and will vary depending on which of its three account types you choose. BlackBull Markets has no minimum deposit for their Standard Account.
Please note, some markets may only be available via CFDs or other derivatives. BlackBull Markets does not offer any bonuses or promo deals at this time. Additionally, the company is registered with the FSPR meaning strict legislation must be followed. AML and KYC policies are operational for all new client registrations and ongoing. You can contact the customer support team via several methods, including telephone, email, and 24/7 live chat. Keep an eye on the latest session timetables via the broker’s terminal interface.
BlackBull Markets grants traders access to a broad spectrum of financial markets via CFD trading, enabling traders to explore diverse investment opportunities. Its 26,000+ tradable instruments, including currency pairs, major market indices, xcritical official site equities, cryptocurrencies and commodities, positions it among the top five CFD brokers. If you want a variety of trading platforms, BlackBull Markets is a good bet. The platform offers seven trading platforms including MetaTrader 4 and 5.
We are satisfied with the additional features offered by the broker. Day traders can make use of social trading tools such as Myfxbook, HokoCloud and ZuluTrade. The broker also offers free VPS services for traders who meet certain criteria, including NYC Servers and BeeksFX. Institutional clients can also access prime services and PAMM accounts.
Its range of advanced trading infrastructures seems built for high-precision and ultra-fast trading execution, making it an important addition to ECN/NDD brokers like BlackBull Markets. If you’re a beginner, consider using MT4 till you become very comfortable using advanced trading platforms like cTrader. The MT4/MT5 suites are versatile and well-recognized in the financial market.