BlackBull Review: Regulation, Fees and Accounts
BlackBull
New Zealand
Your money is at risk
BlackBull overview: what kind of broker is it?
BlackBull is an STP/ECN forex and CFD broker based in New Zealand, founded in 2021. Regulated by the Financial Services Authority in Seychelles (FSA).
Traders get MetaTrader4 and MetaTrader5, spreads from 0.0 Pips, leverage up to Up to 1:500 and a $0 minimum deposit. New clients can also check the current 50% Forex Trading Bonus.
Tradable markets include Foreign Exchange, Commodities, Indices, Share CFDs, Futures, CFDs, Cryptocurrencies.
BlackBull broker specifications
Company and regulation
| Broker | BlackBull |
|---|---|
| Regulated by | Regulated by the Financial Services Authority in Seychelles (FSA) |
| Type of broker | STP/ECN |
| Country | New Zealand |
| Foundation year | 2021 |
| Website | Visit BlackBull website |
| Website languages | English, Spanish, French, German, Portuguese, Italian, Chinese, Malay, Thai, Arabic, Vietnamese, Korean and More |
Trading conditions
| Minimum deposit | $0 |
|---|---|
| Maximum leverage | Up to 1:500 |
| Minimum spreads | 0.0 Pips |
| Base currencies | AUD, USD, GBP, EUR, JPY and More |
| Tradable instruments | Foreign Exchange, Commodities, Indices, Share CFDs, Futures, CFDs, Cryptocurrencies |
| Hedging / scalping | Allowed |
| News trading | Allowed |
| Web trading | Yes |
| Mobile trading | Yes |
Bonus and promotions
| Current promotion | 50% Forex Trading Bonus |
|---|---|
| Welcome bonus | 50% Welcome Deposit Bonus |
| Standard no deposit bonus | No |
Contact details
| Telephone | +64 9 558 5142 |
|---|---|
| Email / Skype | support@blackbull.com |
| Fax | +33 184 672 111 |
| Head office | Level 20, 188 Quay Street, Auckland Central, 1010, New Zealand |
| Contact form | Contact BlackBull |
BlackBull pros and cons
Pros
- Regulated by the Financial Services Authority in Seychelles (FSA)
- 50% Forex Trading Bonus
- Low $0 minimum deposit
- Spreads from 0.0 Pips, STP/ECN execution
- MetaTrader4 and MetaTrader5 and more platforms
- Islamic, mini, VIP and managed accounts
- 15 deposit and withdrawal methods
Cons
- No no-deposit bonus
- Bonus comes with trading-volume rules
BlackBull account types
BlackBull offers several account options so beginners and experienced traders can both find a fit. Live accounts start from a $0 deposit.
| Free demo account | Yes – practise with virtual money |
|---|---|
| Mini account | Yes – smaller trade sizes for beginners |
| VIP account | Yes – for high-volume traders |
| Islamic (swap-free) | Yes – no overnight swap charges |
| Swap-free account | Yes |
| Managed account | Yes |
| Segregated client funds | Yes |
BlackBull Group UK Limited is registered in the United Kingdom, Company Number – 9556804. Services provided by: BlackBull Group UK Limited (Company Number – 9556804) Address – 6 Thornes Office Park Monckton Road, West Yorkshire, England, WF2 7AN.
Black Bull Trade Limited is a New Zealand limited liability company incorporated and registered under the laws of New Zealand, with NZBN 9429049891041 and registered address Floor 20, 188 Quay Street, Auckland Central, Auckland 1010, New Zealand. Black Bull Trade is registered FSP1002113.
BlackBull trading platforms
BlackBull runs on MetaTrader4 and MetaTrader5, which give you advanced charts, more timeframes, an economic calendar and support for expert advisors. Web trading and mobile trading are both available.
BlackBull Markets and its associated entities have access to provide over 26000 tradable instruments to clients across all our Trading Platforms.
Black Bull Group Limited (trading name: BlackBull Markets) is a company registered and incorporated in New Zealand (Company Number 5463921, NZBN 9429041417799) located at Level 20, 188 Quay St Auckland 1010. Black Bull Group Limited is a registered Financial Services Provider (FSP403326).
BBG Limited (trading name: BlackBull Markets) is limited liability company incorporated and registered under the laws of Seychelles, with company number 857010-1 and a registered address at JUC Building, Office F7B, Providence Zone 18, Mahe, Seychelles. BlackBull Markets’ head office is in Auckland, New Zealand. The Company is authorised and regulated by the Financial Services Authority in Seychelles (“FSA”) under license number SD045 for the provision of the investment services.
BlackBull deposit and withdrawal methods
The same methods work for both funding and withdrawals, which makes cash-outs simpler because you can usually withdraw the way you deposited.
Banks and cards
E-wallets
Crypto
Is BlackBull safe and legit?
BlackBull is a regulated broker. Regulated by the Financial Services Authority in Seychelles (FSA). The broker says client money is kept in segregated accounts, separate from company funds.
Always check the licence number on the regulator's own website. Offshore regulators do not offer the investor compensation schemes or leverage caps of top-tier regulators such as the FCA or CySEC, which is why leverage here can reach Up to 1:500.
Our verdict on safety
BlackBull suits traders who understand the risks of leveraged CFD trading. Start small, test a withdrawal early and use sensible leverage.
Risk warning: CFDs are complex instruments and carry a high risk of losing money quickly because of leverage. Only trade if you understand how CFDs work and can afford to lose your money.
Full BlackBull review
Providing an institutional experience for all forex traders
The BlackBull Markets mission is to provide traders with a superior trading experience through innovative technology and exceptional customer service.
BlackBull Markets provide access to hundreds of different markets for traders who want to diversify their portfolio after outgrowing their traditional investing platforms.
BlackBull Markets continuously improves its offerings and services to meet the evolving needs of traders, and to be a trusted leader in the financial markets.
BlackBull Markets was founded in 2014 in Auckland, New Zealand by Michael Walker and Selwyn Loekman.
Since 2014, BlackBull Markets has served tens of thousands of traders from over 180 countries and established itself as a trusted and regulated ECN broker offering access to more than 26,000 tradable instruments including stocks, forex, CFDs, and commodities.
Awards
BlackBull Markets has been awarded a number of prizes for its exceptional service and offerings, including:
Best in Class for Offering of Investments 2023 awarded by ForexBrokers.com.
Fastest Execution Speeds 2023 awarded by CompareForexBrokers.com
Best Copy Trading Broker awarded by Forex Expo Dubai 2023
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