Is BlackBull Markets a scam? Is BlackBull Markets safe and secure? Read my review and get ALL the details…

 

BlackBull Markets is a state-of-the-art platform designed for traders of all levels, from beginners to experienced professionals. The platform offers a wide range of tools and resources to help you make informed trading decisions, including real-time market data, advanced charting capabilities, and access to a variety of financial instruments.

 

They also offer a wide range of educational materials (Education Hub), including tutorials, video analysis, and a comprehensive trading guide.

 

What’s more, you can start today simply by creating your very own BlackBull Markets Demo Account. 

 

You get $100,000 of mock funds to practice for 30 days.  This way, you can have a better feel of the platform before you put real money into it.

 

Whether you are a seasoned trader or just starting out, this is always very useful. 

 

In my BlackBull Markets review, we’ll examine the pros and cons, features, fees and more.

 

So, let’s dig in.

 

Things to Consider -Is It the Right Broker for You?

There are numerous aspects to consider when evaluating a financial services company in general, perhaps even too many to list. 

 

And it can be overwhelming to try to take them all into account.

 

With that in mind, we focus on the most important criteria that will help you determine whether BlackBull Markets is suitable for your needs and trading style:

• Ease of use: Is the broker’s platform user-friendly and intuitive, or is it confusing and complex?
• Education and resources: Does the broker offer educational materials and resources to help traders learn the ropes and improve their skills?
• Customer support: Is the broker’s customer support team responsive and helpful, or are they difficult to reach and unhelpful?
• Fees and commissions: Are the broker’s fees and commissions reasonable and competitive, or are they excessively high?
• Regulation and safety: Is the broker regulated by a reputable agency and do they have appropriate safeguards in place to protect traders’ funds?

 

 

What is BlackBull Markets?

BlackBull Markets is an award-winning CFD broker based in New Zealand that was founded in 2014. You can trade a variety of assets, including stocks, indices, commodities and cryptocurrencies- all from a single interface. They offer a wide range of financial instruments for trading, including currency pairs, indices, commodities, and even cryptocurrencies.

 

One of the things that sets BlackBull Markets apart from other brokers is their focus on providing fast execution and tight spreads. This can be really important for traders who need to get in and out of positions quickly, or who are looking to take advantage of small price movements.

 

In terms of trading platforms, BlackBull Markets offers the popular MetaTrader 4, MetaTrader 5 platforms & TradingView, which are widely used by traders around the world. These platforms are known for their user-friendly interface and advanced trading tools, so it’s no surprise that BlackBull Markets has chosen to offer them to their clients.

 

The company claims to offer spreads from as low as 0.0 pips, fast execution, and leverage up to 1:500.

 

BlackBull Markets is licensed by the New Zealand Financial Markets Authority (FMA) and is registered as a security dealer by the Financial Services Authority (FSA) of Seychelles.

 

It serves over 20,000 day traders in 180+ countries.

 

That’s not all – You can trade with leverage, copy trades from experts, review real-time reporting on all investments, connect with traders with exclusive social features and much more!

 

So whether you’re a seasoned trader looking to up your game or a newcomer just starting out, BlackBull Markets has you covered.

 

Are you ready to take your trading to the next level?

• Try a practice trading account for 30 days

 

How to Get Started with BlackBull Markets

Getting started with BlackBull Markets is easy and straight-forward.

 

Step 1: Open a BlackBull Markets Account

Go to BlackBull Markets and register an account with your email or connect via Google or Facebook.

 

To comply with KYC and AML policies, you’ll need to provide some personal information such as a valid Passport or Government ID, a photo of yourself holding the ID document, and proof of residence.

 

Step 2: Wait for Approval

Once you fill out the form and submit the required document, the team will review your application. 

 

Step 3: Fund your account

Once your account is approved, you can make a deposit to your BlackBull Markets account and start trading on one of their trading platforms.

BlackBull Markets Deposit Methods

It’s easy to add money to your BlackBull Markets account. You can use a credit or debit card, bank wire, FasaPay, Neteller, Skrill, or UnionPay. BlackBull Markets accepts deposits in any currency, your account will be denominated in either USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY, and ZAR. All payments go through right away, except bank wire, which can take 1-3 days.

You also have to option to fund your account using cryptocurrency, such as:

• • Bitcoin
  • Bitcoin Cash
  • Ethereum
  • Litecoin
  • Ripple
  • Dogecoin
  • Cardano
  • Polkadot
  • Chainlink
  • EOS
  • Stellar

 

BlackBull Markets Withdrawal Methods

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.

 

If you made extra money, you can only get it through a bank wire to a bank account you own. BlackBull Markets tries to process all withdrawals within 24 hours.

 

They don’t charge for sending payments, but the bank or provider may charge a fee. Once a bank transfer withdrawal is approved and processed, it could take 3-5 more days for the money to show up in your account.

BlackBull Markets Deposit Fees

 

• The minimum deposit at BlackBull Markets vary depending on your account type
  • ECN Standadrd: Minimum deposit is $0
  • ECN Prime: Minimum deposit is $2,000
  • ECN Institutional: Minimum deposit is $20,000
• BlackBull Markets has a $0 deposit fee. 

 

BlackBull Markets Withdrawal Fees

BlackBull Markets charges a $5 base currency withdrawal fee, also transfer fees may be applied by the bank(s) handling the remittance or the Payment System Provider, as shown in the table below:

Credit/Debit card	$5
Neteller	$5
Skrill	$5
Domestic bank withdrawal	$5
International Bank Transfer	$5
Electronic wallet	$5

 

 

BlackBull Markets Trading platforms

You can trade on either MetaTrader 4 (MT4), MetaTrader 5 (MT5), WebTrader, TradingView or BlackBull Shares, using desktop, web or mobile applications.

 

MT4 and MT5 are desktop-based platforms that can be used on Windows and Mac operating systems and also have mobile versions for Android and iOS devices.

 

The proprietary web-based trader is a platform that can be accessed through a web browser and does not require any installation. It is available in both English and Japanese and has advanced charting tools, an economic calendar, and a live market news feed.

 

BlackBull Markets also offers mobile versions of MT4 and MT5 for Android and iOS devices. The company has a demo account that allows users to test the features and tools of their trading platforms.

 

BlackBull Markets Free Demo Account

What better way to learn and improve your trading skill than actually investing with zero risk. 

 

BlackBull Markets offers a free demo trading account for beginners to practise trading risk-free. 

 

Your demo account is virtually funded with $100,000 for 30 days. Use it to practice, try out all features on BlackBull Markets, experiment with your strategies without the fear of losing real-money.