As was clear from the customer reviews, BlackBull Markets’ level of customer service is exceptional, with a dedicated support team available 24/7 via live chat, phone, and email. The company also offers a range of educational resources, including webinars, eBooks, and video tutorials, to assist its clients in making informed trading decisions. When I tried to withdraw money from my account to a new card I had recently deposited money from, the website only displayed my old card.
- There are some drawbacks to trading through BlackBull Markets as well.
- You do not have to worry about your privacy and security in terms of account details and money.
- There is a free demo account to test the platform by yourself, and for all traders who want to start trading with real money, there is no minimum deposit for the standard account.
- Most deposits are processed instantly, while withdrawals are typically processed within 24 hours.
BlackBull Markets has also added cryptocurrency CFDs, and the only asset class not offered is ETFs. The one thing I could not find, which left me disappointed, was a reference to negative balance protection. It appears that BlackBull Markets does not offer it, making highly leveraged trading an especially high-risk approach with this broker. I searched their legal documents, but none confirmed the existence of negative balance protection. However, from a regulatory perspective, I can strongly recommend this broker. From a security perspective, client deposits remain well-protected, but I cannot ignore the absence of negative balance protection, particularly for leveraged trading accounts.
Mobile Trading Platform
Traders must deposit a minimum of $2,000 for access to these spreads. In my opinion, this is arguably a little high, but well within an acceptable range. High-volume traders may negotiate rebates with BlackBull Markets, and I appreciate the flexibility this broker provides in that department. Credit/debit card withdrawals remain restricted to the deposit amount, while BlackBull Markets does not allow profit withdrawals to credit cards.
This approach can help you gain experience and confidence in BlackBull Markets trading decisions. BlackBull appears to be a reliable and well-regulated broker that offers a wide range of trading instruments, platforms, and educational resources. The broker’s emphasis on security and transparency, such as offering segregated accounts and holding funds in Tier 1 New Zealand banks, is also a positive aspect. In our review, we found that Blackbull’s mobile support is great compared to other similar brokers. Many of the trading platforms supported by Blackbull are also available as mobile and tablet downloads – allowing traders to keep track of their open positions while on the move.
The broker is regulated by the New Zealand FMA, a tier 2 regulator with strict rules. The broker is also licensed by The Seychelles Financial Services Authority (FSA). The broker offers a small number of products compared to the leading brokers. For https://limefx.club/ this BlackBull Markets review, we opened a live account and deposited over €4,000. But traders from the United States are not allowed to use this platform. FIX is the code employed in the trading process to execute live orders at the exchange.
The broker is considered to be safe to trade through for traders who are residents of New Zealand. The main reasons to trade through BlackBull Markets is safety and low trading fees. The instruments offered by BlackBull limefx reviews Markets can be classified into CFDs and shares. For a Prime account, there is a minimum deposit requirement of USD 2,000 (NZD 3,100). Here is a summary of payment methods for withdrawals accepted on BlackBull.
Related BlackBull Markets Vs Comparisons
We may receive compensation when you click on links to products we review. Overall, we consider the variety of trading instruments offered by BlackBull Markets to be adequate for most traders (including beginners and more advanced traders). The minimum deposit required to open such an account is USD 20,000 (NZD 33,100).
In the picture below, you will see a screenshot of the order mask. Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. Customer support is available 24/7, which is rare for the industry and the agents are responsive, polite, and knowledgeable. As a regulated broker, Blackbull ensures that all Anti-Money Laundering rules and regulations are followed. Step 4) Select an account type, provide your date of birth, fill out the address information and click ‘NEXT’. Note that the spreads change daily and the information shown were obtained from Blackbull Markets website on 18 July 2023.
You can open a new trading account with a few clicks, make deposits and withdrawals, or get access to MAM accounts. The account dashboard makes a very good impression on us because it is very clear and not overloaded. TradingView is free of charge for traders who open a live account and trade one lot per month or more. One of the best platforms on the market, it is an excellent tool for researching, charting, and screening any instrument. Since Tradingview is currently only offered by a small selection of brokers, we were pleased to discover that it is available at Blackbull.
What is the minimum withdrawal at BlackBull Markets?
BlackBull Markets is regulated,
governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the brokers’ behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like BlackBull Markets you should be sure they’re legitimate online agent.
Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee. When you are new or start as a beginner at the black bull markets you do not have to worry about the account at first. Since the black bull markets tend to offer a demo account which is a very good initiative.
I reached out to the support personnel, but they kept reiterating that I could only withdraw funds to a card I had already used for deposits. It’s puzzling because they should easily be able to see which card I used and how much I deposited into my account. Their behavior feels unprofessional and lacking in customer service. BlackBull offers a diverse range of 26,000+ financial instruments across various asset classes, including forex, energy, indices, cryptocurrencies, equities, and metals.
Blackbull Markets Bonuses
The other way in which the forex trading platform, black bull markets are considered to be unique and different is that it is very quick. It does not take a lot of your time and tends to complete the process within a short time. With such availability, you do not have to worry about the long and tiring procedures. A black bull market is worldwide famous as the forex trading platform that was first introduced into New Zealand in the year 2014. This forex broker is known to be regulated by the FMA which stands for Financial Markets Authority of New Zealand.
BlackBull offers a partnership program in foreign exchange for its traders. It is one of the most successful forex brokers in the world and always puts its partners first. The partner program is flexible enough to accommodate the changing needs of online marketers and financial referrals. BlackBull Markets provides a no-cost VPS service for customers with Prime Accounts and FIX API for clients with institutional accounts who wish to connect directly to BlackBull’s ECN grid.
BlackBull Markets Trading Platforms
Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. A series of educational resources is available at BlackBull, such as webinars, market analysis, and trading videos that cover various topics related to trading. There are two different platforms both from MetaQuotes available to sue, let’s have a look at some of the features included in them. There are three different accounts available to use when signing up with BlackBull Markets, we have outlined some of their features below.