BlackBull Markets Review
Score: 8.7 ⭐️
4/18/20231 min read
Black Bull Markets offers MT4 and MT5 trading along with copy trading possibilities.
How ever their education is not up to par in comparison to other companies..
BlackBull Markets pros & cons
Pros
Available to residents of New Zealand.
Provides the full MetaTrader Platforms (MT4 and MT5).
Offers a growing range of third-party trading tools.
Has third-party copy trading platforms, such as ZuluTrade, Duplitrade, and Myfxbook.
Integration with the TradingView web platform.
BlackBull now offers Shares, traders over 26,000 tradeable assets.
Cons
BlackBull regulated with strong regulations only in f New Zealand.
BlackBull’s Seychelles-license is not something you can strongly depend on.
Lacking in education their content can’t compete with what the best MetaTrader brokers offer.
Based on the average spreads we obtained, commissions and fees at BlackBull Markets appear to be in line with the industry average.
Offering of investments
The broker now offers over 26,000 tradeable symbols; 2,500 are available on MetaTrader 5 and TradingView, and 311 symbols on MetaTrader 4. The table below summarizes the different investment products available to BlackBull Markets clients.
Cryptocurrency: Cryptocurrency trading is available at BlackBull Markets through CFDs. Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents.
3 account types that are average in their spread costs..
Spreads: The average spread for EUR/USD is 1.25 pips
Accounts comparison: The ECN Prime account offers lower spreads, but requires a $2,000 minimum deposit, and there is a commission of $3 charge for opening or closing a trade. The ECN Institutional account is BlackBull’s active traders that deposit at least $20,000, with commission rates that are negotiated with the broker on a case-by-case basis.