BlackBull Markets is a regulated ECN broker that grants access to an extensive range of over 26,000 tradable instruments, including stocks, forex, CFDs, and commodities. Established in 2014 in Auckland, New Zealand, by Michael Walker and Selwyn Loekman, BlackBull Markets has since served tens of thousands of traders spanning over 180 countries, establishing its reputation as a reliable broker within the industry. Committed to delivering a premium trading experience, BlackBull Markets employs cutting-edge trading technology and offers exceptional customer service. For clients seeking to expand their investment beyond conventional platforms, BlackBull Markets provides entry to hundreds of markets, allowing them to diversify their portfolios.
About BlackBull Markets
Based in Auckland, New Zealand, BlackBull Markets is a globally known brokerage. Established in 2014, it is led by CEOs Michael Walker and Selwyn Loekman. BlackBull Markets offers traders highly favorable conditions, including tight spreads and reasonable commission fees. Traders also have the flexibility to choose from three distinct account types. The platform allows for trading across a broad spectrum of instruments, including stocks, forex pairs, CFDs, and commodities. Guided by a seasoned management team, BlackBull Markets is dedicated to enhancing the space of online trading, with a strong priority on expanding its global presence. This commitment has resulted in impressive growth within a relatively short timeframe, positioning the firm as one of the best globally recognized ECN-regulated brokers.
Account Types
BlackBull Markets provides traders all across the globe with the opportunity to choose between three account types:
- ECN Standard Account
- No restrictions on trading strategy (Scalping allowed)
- Spreads starting at 0.8 pips
- No commission fees
- Available swap-free accounts
- ECN Prime Account
- No restrictions on trading strategy (Scalping allowed)
- Spreads starting at 0.1 pips
- Low commission fees (3 USD per lot, per side)
- Available swap-free accounts
- ECN Institutional Account
- No restrictions on trading strategy (Scalping allowed)
- Spreads starting at 0.0 pips
- Low commission fees (2 USD per lot, per side)
- Customizable Equinox Server
Trading Instruments
BlackBull Markets equips traders with an extensive range of trading instruments, enabling them to participate in the world’s most widely traded and liquid financial markets. This guarantees access to premium trading opportunities round the clock, seven days a week.
| Trading Instrument | Number of Trading Instruments |
|---|---|
| Forex | 70 Currency Pairs |
| Shares | Over 1800 Shares |
| Commodities | 22 Commodities |
| Futures | 23 Futures |
| Indices | 10 Indices |
| Cryptocurrencies | 10 Cryptocurrencies |
Trading Platforms
BlackBull Markets provides access to three widely recognized trading platforms on a global scale, which are TradingView, MetaTrader 4, and MetaTrader 5. These platforms are accessible on both desktop and mobile devices, offering traders exceptional flexibility in their choice of operational devices.
TradingView
TradingView stands out as a powerful charting platform suitable for traders and investors across various experience levels. In addition to its charting capabilities, it hosts a social network where users exchange ideas, customize scripts to enhance charts and engage in topic-based discussions to share their perspectives. The platform provides access to a professional-grade commercial data feed, facilitating seamless analysis of prices, volume, and historical asset prices. Additionally, it offers fundamental company data, enabling users to screen and track companies that align with their criteria. While primarily designed for technical analysis, TradingView can prove valuable to investors of all kinds.
MetaTrader 4
MetaTrader 4 stands as an advanced trading platform that has established itself as a standard tool for experienced Forex traders, facilitating trade execution even in the absence of an active device. It is characterized by its intuitive user interface, an extensive array of technical analysis tools for prognosticating market trends, live updates on currency prices, and a host of additional features. Noteworthy components of MetaTrader 4 encompass mobile trading capabilities, access to trading signals, and comprehensive financial market insights, all of which serve to elevate and enrich the overall Forex trading encounter. Furthermore, it provides support to traders in more than 30 languages globally, along with three distinct trade execution modes, instant execution, execution on request, and execution on the market.
MetaTrader 5
MetaTrader 5 stands as a robust automated trading platform, providing sophisticated tools for meticulous trading analysis and execution in the realm of financial markets. Beyond its ability in Forex trading, the MetaTrader 5 platform extends its capabilities to trade Stocks, CFDs, and Futures. It boasts a diverse array of order types and execution modes, affording traders the capacity to implement tailored trading strategies even in offline settings. With the capability to simultaneously open up to 100 charts and access 21 distinct timeframes, the platform empowers users to conduct in-depth analysis of price movements, even based on minutes. Additionally, it offers a comprehensive suite of 80 technical indicators and 44 analytical objects, allowing you to enhance your trading experience.
Safety
BlackBull Markets is a broker that was founded back in 2014 while also being regulated by several financial authorities worldwide. These include the following two:
- FMA – Financial Markets Authority
- FSA – Seychelles Financial Supervisory Authority
BlackBull Markets provides the choice to open a trading account with one or more of their authorized entities, contingent on your place of residence. This detail carries weight for individuals interested in partnering with BlackBull Markets, as the degree of investor protection and regulatory supervision differs based on the particular entity you are associated with.
| Country of Clients | Legal Entity | Regulator | Protection Amount |
|---|---|---|---|
| New Zealand | Black Bull Group Limited | FMA | No protection |
| All other countries | BBG Limited | FSA | No protection |
Additionally, it is crucial to highlight that BlackBull Markets provides negative balance protection. This precautionary measure guarantees that in the event your trading account balance dips into negative territory, you will be safeguarded against any additional losses.
Customer Support
BlackBull Markets grants its clients access to outstanding customer support through email, live chat, and phone channels. These avenues are open around the clock, guaranteeing assistance is readily available no matter where you are located. Whether you prefer direct conversations, written email communication, or real-time chat interactions, BlackBull Markets is dedicated to providing exceptional customer support customized to your individual preferences.
- Email Support
BlackBull Markets stands out for its exceptional email support, promising clients a prompt response within just one day of reaching out. This commitment to timely communication ensures that clients receive the assistance they need without delay.
- Live Chat Support
In addition to its excellent email support, BlackBull Markets provides an outstanding live chat service. When you engage with this feature, you’re instantly connected with a knowledgeable agent who is dedicated to providing you with the precise information you seek. This real-time support ensures that you can make informed decisions swiftly and efficiently.
- Phone Support
Lastly, BlackBull Markets also provides phone support. Clients can expect to receive swift and accurate answers to their queries, with a fast response time from the moment they get in touch. This commitment to rapid assistance underscores the company’s dedication to providing seamless support across all communication channels.
Exclusive: When Is Using a VPS & Trade Copier Beneficial?
Using VPS and Trade Copier services in financial market operations can prove highly beneficial in specific situations. Before going into specifics, it’s essential to first understand what a VPS and a Trade Copier actually are and the advantages they offer.
VPS
A VPS, short for virtual private server, is a system that houses the necessary software and data for operating an application or website. The term virtual indicates that it utilizes only a fraction of the underlying physical resources of the server, which are overseen by an external provider. Nevertheless, you have exclusive access to your allocated resources on this hardware.
When is Using a VPS Beneficial?
- When trading with Expert Advisors (EAs)
- When trading with multiple Brokers/Proprietary Trading Firms through a Trade Copier
- When trading through a Mac device
Trade Copier
A trade copier is essentially a software tool employed to duplicate trades across numerous trading accounts. It stands out as the most convenient and effective method for simultaneously managing multiple trading accounts, allowing for the execution of identical trades across various trading platforms.
When is Using a Trade Copier Beneficial?
- When trading with numerous Brokers
- When trading with numerous Proprietary Trading Firms
- When looking to spread risk between numerous trading accounts
Why should you connect a VPS and Trade Copier with numerous trading accounts?
As stated above, incorporating a VPS and Trade Copier into your trading activity can provide a wide range of advantages. For example, when pairing them with multiple trading accounts, you can strengthen the benefits they offer to an even larger extent.
Example of connecting five trading accounts, a VPS, and a Trade Copier
| Device | Benefits |
|---|---|
| VPS (Forex VPS) | Provides Low Latency & 24/7 Connection |
| Trade Copier (Local Trade Copier) | Provides Connection Between The 5 Trading Accounts |
| Trading Account | Account Size | Account Type |
|---|---|---|
| Broker Account #1 | €5,000 Account | Master Account |
| Prop Firm Account #1 | $100,000 Account | Copier Account |
| Prop Firm Account #2 | $50,000 Account | Copier Account |
| Broker Account #2 | $8,000 Account | Copier Account |
| Prop Firm Account #3 | $300,000 Account | Copier Account |
| Trading Account | Account Size | Risk per Position |
|---|---|---|
| Broker (IC Markets) | €5,000 Account | 2% per trade (€100) |
| Prop Firm (FundedNext) | $100,000 Funded Account | 0.6% per trade ($600) |
| Prop Firm (Funding Pips) | $50,000 Evaluation Account | 0.5% per trade ($250) |
| Broker (Pepperstone) | $8,000 Account | 4% per trade ($320) |
| Prop Firm (The Funded Trader) | $300,000 Funded Account | 0.8% per trade ($2,400) |
By utilizing a VPS server, you’ll ensure yourself a consistently low latency and a robust connection, ensuring uninterrupted operation of your Trade Copier 24 hours a day, 7 days a week. When integrated into your network of trading accounts linked by a Trade Copier, this can lead to substantial improvements in your trading outcomes. This is because you will no longer need to manually execute trades across all your accounts. Instead, simply execute the trade on your Master account, and the Trade Copier will automatically replicate it across all the connected Copier accounts. By employing this approach and configuring specific risk parameters for each linked trading account, you can enhance your risk management for each position, regardless of the current balance available in any of your trading accounts.
Education
BlackBull Markets provides its clients with an extensive range of valuable educational tools. These encompass a demo account, an economic calendar, a comprehensive education hub covering tutorials on forex, shares, commodities, and cryptocurrencies, as well as webinars and insightful market reviews.
- Forex Tutorials
BlackBull Markets’ Forex Tutorials offer a comprehensive and accessible learning experience for individuals interested in navigating the dynamic world of foreign exchange trading. These tutorials provide valuable insights, strategies, and practical knowledge tailored to both beginners and experienced traders.
- Shares Tutorials
BlackBull Markets’ Shares Tutorials deliver a rich learning experience designed for those keen on exploring the complexity of share trading. These tutorials offer a comprehensive understanding of the stock market, catering to both novices and seasoned traders.
- Commodity Tutorials
BlackBull Markets’ Commodity Tutorials provide a valuable educational resource for individuals interested in delving into the world of commodity trading. These tutorials cover a wide range of topics, from fundamental concepts to advanced trading strategies, ensuring clients can develop a solid foundation and enhance their proficiency in the commodity market.
- Crypto Tutorials
BlackBull Markets’ Crypto Tutorials offer an insightful and accessible learning experience for individuals eager to explore the cryptocurrency trading space. These tutorials provide essential knowledge, strategies, and practical insights suitable for both newcomers and experienced traders in the crypto market, covering fundamental principles and advanced techniques.
- Webinars
BlackBull Markets webinars offer a dynamic and interactive learning platform for traders of all levels. Led by seasoned experts within the financial industry, these live online sessions cover a wide range of topics, including market analysis, trading strategies, and economic trends.
- Market Reviews
BlackBull Markets’ market reviews are in-depth analyses that provide valuable insights into various financial markets. These reviews cover a range of assets, including forex, shares, commodities, and cryptocurrencies. Written by industry experts, they offer a detailed examination of market trends, economic indicators, and key events impacting trading conditions.
Conclusion
In conclusion, BlackBull Markets is a well-established brokerage known for its diverse range of trading platforms. Their dedication to ensuring a simple account opening process and offering competitive trading fees, including free deposits and withdrawals, is particularly remarkable. The provision of three distinct account types, along with tight spreads and minimal commission fees, underscores their commitment to accommodating a wide spectrum of traders with various styles. Furthermore, their regulatory framework allows users to select authorized entities based on their country of residence, adding extra security when trading with BlackBull Markets. They also go the extra mile by providing numerous free educational resources, including tutorials on forex, shares, commodities, and cryptocurrencies, along with webinars and market reviews. This demonstrates their commitment to equipping their community with essential knowledge. Additionally, their potential integration of VPS and Trade Copier services, coupled with their implementation of negative balance protection, showcases a strong dedication to risk management. To conclude, BlackBull Markets emerges as a reputable and highly recommended broker, well-equipped to serve traders of all experience levels, and positioned as a formidable player in the brokerage industry.
