BlackBull Markets Review: UK Edition 2023

It is considered an average risk with an average rating of 74 out of 99. BlackBull Markets provides 26,000 tradeable assets, which is great for the sector. First of all, you have to choose the asset you want to trade and choose the position size (volume). For a correct position size, you have to calculate it or use an indicator.

BlackBull Markets also supports API trading and offers VPS hosting, making it an ideal choice for advanced algorithmic trading. The choice of assets, specifically for traders who trade equity, is among the top brokers in the Forex/CFD retail industry. BlackBull Markets is fairly new to the brokerage world and still has room to expand to be more competitive. Some deposit methods are via bank transfers, credit cards, debit cards, e-wallets (Skrill or Neteller), and more. Credit cards, debit cards, and e-wallets can be processed immediately, while wire transfers may take up to 3 banking days for deposits to reflect. BlackBull Markets withdrawal fees are high compared to other brokers, but no commissions are charged for deposits.

Portfolio and fee reports

Even if trading in high volumes, you can still expect tight spreads and reliable execution speeds. I wouldn’t worry too much about additional tools to be honest. The MT4 platform itself is packed with more tools than most traders need. You can even expand its capabilities with free and paid tools available from the MQL marketplace which you can easily access from within the platform itself. Not to mention, you can find a practically endless amount of MT4 tools online. BlackBull Markets let you trade with the popular and highly acclaimed trading platform MetaTrader 4 (MT4) by MetaQuotes.

Well, if we talk about the range or amount of the minimum deposit then we can say that it is quite low as compared to other forex trading platforms. While you are opening an account with the black bull markets you only have to add 200$. That is a quite low amount for opening an account with black bull markets. Blackbull’s trading fees are lower than other similar brokers. The Standard Account’s trading costs are included in the spread, while the Prime and Institutional accounts offer tighter spreads in exchange for a commission per lot. There is no minimum deposit on the Standard account, making it accessible to traders of all levels.

Market Reviews

You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. Opinions, market data, and recommendations are subject to change at any time. BlackBull Markets is a secure trading platform with transparent pricing and competitive spreads. The chat is the fastest way to contact the broker, in our opinion. From our experience, the support works very fast and professionally.

Whether you are an expert or novice trader, you can gain knowledge and expertise from the BlackBull Markets team. Traders can benefit from the array of educational materials, such as the Forex economic calendar, trading guides, and videos on significant economic events. Moreover, you may access social trading through leading software including ZuluTrade and Myfxbook.

BlackBull Markets MetaTrader 4

There is no evidence of negative balance protection on their website or in their legal documents. However, upon request, customer support confirmed that it is their general practice to provide negative balance protection to clients, and it is almost always provided. The reason why negative balance protection is not explicitly stated in their legal documents is due to the ability for it to be very easily abused, according to their customer support. However, if you stay away from these practices and trading strategies, your fund should be protected from a negative balance.

However, the swap rates for some trading instruments can be higher than other brokers, so you should check them before trading. XTB was founded in 2002 and is a great alternative for beginners and more advanced traders alike. The company is among the biggest and most trusted brokers in the industry, with designated support for every new client, competitive spreads, a fast and secure platform, and advanced analysis tools. They offer a bigger amount of tradable assets and have better withdrawal and deposit options.

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Online trading involves significant risk, and you may lose all of your invested capital. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only. Beginner traders get fifteen videos, and numerous short Trading Guides, offering an in-depth introduction https://limefx.club/ to trading. While I prefer more content, BlackBull Markets presents enough information for beginners. All client deposits remain segregated from corporate funds, and the custodian bank is the ANZ Bank. BlackBull Markets is also a member of the New Zealand Financial Services Complaints Limited (FSCL) dispute resolution scheme.

• It ensures high-speed trading and offers scalpers and other high-frequency traders the precision trading they require.
• Blackbull Markets offers 3 accredited retail trading accounts with a minimum deposit of $1 USD.
• The trading accounts provide deep liquidity from multiple banks with raw interbank spreads that start from just 0 pips.
• The action you just performed triggered the security solution.
• Since the black bull markets tend to offer a demo account which is a very good initiative.
• Swap-free accounts are offered as a variant of Standard, Prime and Institutional Accounts.

The Prime Account allows experienced traders to capitalize on tighter spreads and lower commissions, enhancing their overall trading experience. In summary, BlackBull Markets is a safe broker and a great one at that. They offer amazing ECN conditions, great execution, a range of perks, very cheap trading costs and have an amazing reputable within the industry. I’ve used so many various brokers over the last 5 years, searching for perfect, and now some of my capital is with BlackBull because of it’s truly unbeatable conditions and safety. For traders seeking a competitive edge, this broker provides a Prime Account. With a fee of US$6 per 100,000 of trades and spreads beginning at 0.1 pip, Prime Account is the perfect choice for traders who want the most value from their trades.

Forex trading, also called currency or FX trading, involves the currency exchange market where individuals, companies, and financial institutions exchange currencies for one another at floating rates. Traders have the opportunity to trade in many different languages on this platform and multi-account manager (MAM) accounts are also available. The decision about which platform to choose will depend on what a client would like to trade, therefore it will be one of the limefx forex brokers reviews criteria when choosing a broker too. BlackBull Markets does not at this time (2023) offer a Sign-Up Bonus,  Welcome bonus, or the advantage/profits of a no-deposit bonus with first-time sign-up or account registration. BlackBull Markets does offer periodic competitions and profitable events. BlackBull Markets does not accept clients from OFAC-sanctioned countries, the United States of America, Spain, or any country or location deemed too risky by its compliance team.

The standard account requires a minimum deposit of $1 and runs on the Equinix NY4 server. Spreads start from 0.8 pips and the account is commission free. Social trading is becoming increasingly popular, and BlackBull Markets has collaborated with some of the greatest social trading providers on the market.