With access to the platform’s entire range of trade instruments and the initial deposit of Zero EUR, the Commission-free Standard Account allows you to have a 360-degree trading experience. The Standard Account is perfect for traders seeking great forex experience. With no commissions and minimal spreads, it is simple to begin. You can trade with your Standard Account using desktop trading platforms, Mac, mobile, and Webtrader. BlackBull offers Virtual Private Server (VPS) trading to its clients, which is a useful tool for traders who use automated trading strategies or expert advisors. ZuluTrade and MyFxbook are also available for those who want to follow and copy trades of other successful traders.
As a team with more than nine years of experience in forex trading, we tested this broker in detail. In the following review, you will get the best information about the trading platform. BlackBull Markets, a New Zealand-based FX and CFDs broker, has launched the BlackBull Trade trading platform, powered by Devexperts’ DXtrade. The platform offers margin trading across various assets, and includes updated features and tools for user experience and risk management.
What is BlackBull？
TradingView is a popular charting and social trading platform that allows traders to connect with other traders, access a wide range of charting tools, and share trading ideas. MT4 and MT5 are well-known platforms in the forex industry, offering advanced charting capabilities, customizable indicators, and algorithmic trading options. As per our BlackBull Markets review, the platform offers great customer service through online chat, phone, and email.
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BlackBull Markets offers you
MetaTrader 4, MetaTrader 5, TradingView and DXtrade. BlackBull Markets is regarded as secure since it is overseen by New Zealand’s premier FMA. Black Bull Market is secure to use and is operated by FMA (The Financial Market Authority of New Zealand).
- By using the other accounts, you will get the raw spreads, but you have to pay a commission.
- The mobile trading platform is great, we really liked its design and user-friendliness.
- Traders can execute most trading strategies since the broker allows high-risk strategies such as hedging and scalping.
- The assets on BlackBull Markets have been broken down into a few different categories, we have outlined the different instruments within them below.
- Android, and iOS mobile platforms and tablets can be used to access both trading platforms.
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. BlackBull Markets offers traders an excellent asset selection, placing it in the Top 5 brokers in the industry. Forex traders get 60+ currency pairs, but the bulk consists of 23,000+ equity CFD and the underlying asset for direct share dealing from 80+ global stock exchanges. It results in a broad-based choice of trading instruments ideal for demanding asset managers and long-term dividend income-generating portfolios.
FIX is the code employed in the trading process to execute live orders at the exchange. FIX API allows institution users to skip the BlackBull MT4 application and connect directly to the ECN grid using the company’s FIX. 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. This website is using a security service to protect itself from online attacks.
Scale Your Trading Funds
The MetaTrader supports all types of technical analysis and direct market trading. You can use free indicators and analysis tools, which are very customizable. It is possible to adjust the tools to your own trading strategy.
BeeksFX is dedicated to hosting websites, not finance servers, that provide a high-quality, low-latency infrastructure that is an unbreakable service for the people who need it. These VPS servers are located in New York, London, and Japan and are located close to strategic locations of exchanges to maximize reliability and execution speed. As per our BlackBull Markets review, the BlackBull market does not charge any deposit fees.
You can use Myfxbook to set up automated trading to follow traders you have chosen and set you as the main trader on an auto-trading network. The user-friendliness and ease of use built into the Myfxbook interface permit the use of common basic inputs and outputs. Myfxbook can be considered an affiliate of BlackBull Markets; as such, the MetaTrader 4 trading program is fully integrated into The Myfxbook system.
- BlackBull Markets follows well-established industry practices for onboarding new traders.
- With no commissions and minimal spreads, it is simple to begin.
- However, some traders require the use of their own FIX application, and for this purpose, BlackBull Markets offers a FIX API.
- Then there is are some market reviews, these are looking at what has happened in the past and the last few days to try and give a reason for any movement that took place.
- Traders can also open a demo account to practice trading on the broker’s platforms and test their trading strategies.
Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. The Forex Broker is fully regulated in New Zealand and provides a very good service. 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. This is a huge variety of more than 26,000 tradable instruments in total.
Mobile Trading Platform
Designed to empower traders with the knowledge and skills they need to excel in the world of online trading. limefx website provides a wide range of educational material. In conclusion, it is totally worth investing your money with BlackBull Markets. On this page, we showed you all the details of the company, and we are impressed that the broker is very transparent. For all traders who are searching for a real ECN Broker, BlackBull Markets is the right choice.
You will be notified of a margin call when your account has a margin threshold of less than 75%. https://limefx.group/ account types are suitable for novices as well as experienced traders. BlackBull Markets standard account has a higher minimum deposit requirement of US$200 and allows trading in micro-lots, making it attractive for beginners. Professional traders usually prefer paying more for deposits, and commissions per trade, in exchange for more favorable spreads.
BlackBull Markets scored top in Customer Service because of their speedy and easy responses and the variety of languages supported. Compared with other forex brokers, BlackBull Markets stacks up against other brokers; traders can access customer support 24 hours a day through live chat. BlackBull Markets answers some questions in its FAQ section, where any queries for products and services are answered thoroughly.
In addition, trading tutorial videos are offered in the education center of BlackBull Markets. The withdrawal process is generally quick and hassle-free, but some withdrawal methods come with transfer fees, which you will have to cover. Additionally, currency conversions will be charged with a 2% added conversion fee.
We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. 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.
With our finds, we see BlackBull Markets provides quality trading conditions and is a fully regulated broker. Through the ZuluTrade social trading platform, Blackbull clients can gain exclusive access to a vast pool of professional traders and trading systems. It lets users locate successful traders and follow their trades, which are translated into real trades in their accounts. Note that traders will have to contact Zulutrade directly about possible platform costs. BlackBull Markets provides direct market access on MT4, MT5, TradingView, and its own brand-new, user-friendly inhouse trading platform, BlackBull Trade.
BlackBull Markets has also added cryptocurrency CFDs, and the only asset class not offered is ETFs. I like the spreads available at BlackBull Markets, which confirm the existence of institution-level pricing for retail traders. A typical raw spread of only 0.1 pips during the London/New York overlap is very competitive and an excellent offer from BlackBull. 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.