I appreciate the flexibility at BlackBull Markets for deposits, as after the initial deposit, follow-on amounts remain at the discretion of traders. Another positive is that traders may deposit in nine currencies, but not all deposit methods support each of them. I do not like the $5 withdrawal fee, which most brokers do not charge. BlackBull Markets process all withdrawal requests within 24 hours, and the back office handles all financial transactions from an easy-to-use interface.

That way, the risk of incurring bigger losses is lessened, while the chance for a reversal is retained. The smart stop-out tool provides xcritical scam highly speculative traders with more sophisticated protection against adverse volatility. I also appreciated BlackBull Markets for providing abundant information about its various costs and contract specifications. Even non-registered clients (without access to a BlackBull Markets platform) can quickly assess the affordability of BlackBull’s costs from the website.

Commissions and fees

BlackBull Markets makes money from spreads, commissions, and swap rates on leveraged overnight positions. The primary regulator of BlackBull Markets is the New Zealand Financial Markets Authority (FMA). It also maintains a subsidiary, BBG Limited, authorized by the Seychelles Financial Services Authority (FSA). We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.

ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. BlackBull Markets offers multiple platforms, including the full MetaTrader suite (MetaTrader 4 and MetaTrader 5), cTrader, TradingView, and multiple social copy trading apps. BlackBull Markets offers various payment methods, including bank wire, credit and debit card, several e-wallets, and also cryptocurrencies.

1. Some of cTrader’s basic technical features are 55+ technical indicators, 28 timeframes, 6 chart types, level 2 DoM and no stop/limit level restrictions.
2. Since BlackBull Markets is a FinTech company, I would like to see a proprietary solution.
3. Clients using the ECN Prime account will incur tighter spreads from 0.1 pips, with commissions from $6 per lot.
4. This combination of educational content and practical trading tools makes BlackBull Markets a strong broker for both lxcriticalg and trading in various financial markets.

The content primarily focuses on technical analysis, with minimal coverage of fundamental analysis and trading psychology. BlackBull Markets’ instrument offering is quite extensive, covering various markets. The standout feature is the impressive range of over 26,000 share CFDs. This diversity meets the needs of traders worldwide, ensuring there’s always at least one market open for trading. The other thing I found quite useful about cTrader is its ‘Smart Stop-Out’ feature. If the margin call threshold is reached and no new funds are added to the account, the system will start the partial closing down of open trades.

BlackBull Markets Review 2024

All websites and web-based platforms are tested using the latest version of the Google Chrome browser. Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go. We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14. Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team. All BrokerNotes content is researched, fact-checked, and edited by the research team.

How much is BlackBull’s commission fee?

One unique feature of the cTrader platform is the cTID (cTrader ID) login functionality. This feature facilitates seamless access to all your linked trading accounts via a single login. Other cTrader features, like an integrated economic calendar, mirror those of MT5 platforms. CTrader is compatible with Mac and portable iOS devices, as well as Windows desktops and Android devices. Some of cTrader’s basic technical features are 55+ technical indicators, 28 timeframes, 6 chart types, level 2 DoM and no stop/limit level restrictions. BlackBull Shares is the broker’s proprietary mobile app providing access to global share trading across 80+ markets.

This includes comprehensive price analysis, the use of algorithmic trading applications and copy trading. Along with years of experience in media distribution at a global newsroom, Jeff has a versatile xcritical scam knowledge base encompassing the technology and financial markets. He is a long-time active investor and engages in research on emerging markets like cryptocurrency. Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University. We use proprietary AI technology to assist in some aspects of our content production. However, our scores, ratings, and rankings of online brokers are based on our in-depth product testing and thousands of hand-collected data points.

Standard Account

ECN Standard account is commission-free, meaning the total trading cost is 0.8 pips. These features are designed to optimize technical analysis during day trading. Suppose you’re a long-term buy-and-hold investor focusing on fundamental analysis. The platform also offers screeners for multiple assets (stocks, forex and crypto), a robust alert system and a vibrant trading community for knowledge-sharing. It is ideal for expert multi-asset traders seeking a more powerful trading technology.

Swap-Free Account

BlackBull’s 11 crypto assets comprise popular coins such as Bitcoin, Ethereum, Litecoin and DOGE. However, the bulk of BlackBull Markets’ tradable symbols are equities. Compare the markets and instruments offered by BlackBull Markets and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

There is also an economic calendar to keep an eye on market news and events. Stock trading is also available via leveraged CFDs and on underlying shares. Its cTrader Copy and cTrader Automate modules also facilitate copy trading and automated trading.

The most popular profile with a true ECN experience using direct to market processing. BlackBull Markets offers several platform options so there is something for everyone. This includes a proprietary shares app plus MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView and cTrader. BlackBull supports a variety of funding methods, including bank wires, Neteller, and credit cards, providing flexibility for deposit and withdrawal options. Separate from their CFD trading, BlackBull Markets also provides a share trading facility allowing direct investment in company shares.