BlackBull Review & Free Signal for Beginners 2024
Minimum deposit
- 200$
Trading platform
- MT4
- MT5
- WebTrader
- TradingView
- BlackBull Trade
- BlackBull Shares
Regulation
- FSA
- FMA
Foundation date
- 2014
BlackBull Markets is a reputable and innovative forex and CFD broker, renowned for its commitment to providing traders with a secure and transparent trading environment. Since its inception, BlackBull Markets has focused on offering competitive trading conditions, advanced trading technology, and a wide range of financial instruments, including forex, indices, commodities, and cryptocurrencies. The platform’s user-friendly interface, combined with its robust security measures and lightning-fast trade execution, ensures that traders can trade with confidence and ease.
What sets BlackBull Markets apart is its dedication to customer service and continuous improvement. The platform offers exceptional customer support, available 24/5, to assist traders with any queries or issues they may encounter. BlackBull Markets also provides a range of educational resources, including webinars, tutorials, and market analysis, to help traders enhance their trading skills and stay informed about market developments. With its strong focus on transparency, integrity, and client satisfaction, BlackBull Markets has established itself as a trusted broker in the competitive world of online trading.
Advantages of trading with BlackBull:
- It offers a free demo account and a substantial volume of educational materials.
- Three real account types allow traders to customize their offerings, providing immediate access to the entire pool of currency pairs and CFDs.
- Spreads are below market average, and trading commissions are favorable.
- The broker offers leverage to enhance profitability and provides news and analytics to facilitate traders’ forecasting.
- A wide selection of trading platforms allows users to find optimal trading conditions and work comfortably on any device.
- The broker provides three options for its partnership program, along with the “Refer a Friend” promotion and copy trading service for additional earnings.
- Various deposit and withdrawal methods are available, including bank cards, transfers, and international systems like Skrill and Neteller.
Disadvantages of BlackBull:
- While this broker offers a considerable number of assets, it has only 70 currency pairs, while other trading instruments are represented as CFDs.
- BlackBull Markets does not serve traders from certain regions worldwide.
- The platform does not offer MAM or PAMM joint accounts, and the “Refer a Friend” program may not be the most advantageous, while the IB partnership is primarily aimed at legal entities.
BlackBull Summary 2024
💻 Trading platform:
- MT4, MT5, WebTrader, TradingView, BlackBull Trade, and BlackBull Shares
📊 Accounts:
- Standard, Prime, and Institutional
💰 Account currency:
- USD, EUR, GBP, AUD, NZD, SGD, CAD, and JPY
💵 Replenishment / Withdrawal:
- Bank transfer, Visa, MasterCard, Union Pay, Neteller, Skrill, and FasaPay
🚀 Minimum deposit:
- BlackBull Markets can vary depending on the type of account and the region of the trader
⚖️ Leverage:
- Up to 1:500
💼 PAMM-accounts:
- No
📈️ Min Order:
- 0.01
💱 Spread:
- Floating, from 0 pips
🔧 Instruments:
- The available instruments are currency pairs, CFDs on stocks, indices, commodities and agricultural commodities, metals, energies, cryptocurrencies, and futures.
💹 Margin Call / Stop Out:
- No
🏛 Liquidity provider:
- No
📱 Mobile trading:
- Yes
➕ Affiliate program:
- Yes
📋 Orders execution:
- No
⭐ Trading features:
- Low entry threshold, several accounts to choose from, all popular platforms plus this broker's trading platform with integrated transaction copying service, and low trading costs
🎁 Contests and bonuses:
- Yes
Usually, if a broker offers multiple account types, the minimum deposit depends on the selected account. In this case, the pattern holds: there are no minimum deposit requirements for the Standard account; it is $2,000 for the Prime account; and it is $20,000 for the Institutional account. Leverage is not dependent on the chosen account; it is determined by the asset type. The highest trading leverage is provided for currency pairs, at 1:500. You can trade with lower leverage or without it altogether. Also, this broker does not impose any restrictions. As for client support, it is available through a call center, email, and LiveChat. All communication channels operate 24/7.
BlackBull Free Trading Signals
How to get free BlackBull trading signals?
- Create a BlackBull account through our website link.
- After registration send us your user ID.
- If you confirm correct registration through our link you will get lifetime free trading signals.
Inehub Expert Advice for BlackBull
BlackBull Markets is the trading name of BBG Ltd, founded in Auckland, New Zealand, in 2014. The company is registered in Seychelles and operates under local regulations with a confirmed license. There have been no confirmed instances of non-performance of obligations towards clients, and the platform has never been hacked. It operates transparently within the framework of the applicable legislation.
The broker offers three real accounts, with spreads starting from 0 pips, and there is no trading commission on the Standard account. On accounts where a commission is present, it does not exceed the average market rate. Thus, the trader’s costs are average or below average. As for withdrawal fees, BlackBull Markets has fixed fees of 5 units of the base currency, regardless of the withdrawal method. For large transactions, this is an advantage, but it is not advantageous for withdrawing small amounts.
The minimum lot size is 0.01, and the maximum leverage is 1:500. In terms of these indicators, BlackBull Markets is on par with top competitors. Copy trading and partnership programs are available. However, there are no joint accounts, which some traders perceive as a disadvantage. On the other hand, a definite advantage is an opportunity for BlackBull Markets clients to trade through the most popular platforms, including MT4/5, WebTrader, and TradingView. Additionally, this broker offers its proprietary trading platform.
Testing did not reveal any bugs or weaknesses. It appears that the company uses advanced technological solutions, ensuring high speed and reliability by modern standards. This also applies to technical support, which operates without interruptions, even during nights and weekends. Therefore, there are no complaints regarding the client service provided by this broker.
The educational resources are good, the analytics are standard, and there are no unique tools. An important feature of BlackBull Markets is the vast number of assets available for trading. However, almost all of them are contracts for difference (CFDs) based on stocks, indices, cryptocurrencies, metals, commodities, agricultural commodities, energies, and futures. In addition to CFDs, there are 70 currency pairs available.
Trade with this broker, if:
- You value a wide range of tradable assets. BlackBull Markets offers access to over 17,000 assets, including forex, CFDs on shares, metals, energies, indices, and cryptocurrencies, providing a diverse selection for trading.
- You prefer ECN (Electronic Communication Network) execution. BlackBull Markets primarily operates as an ECN broker, offering direct access to market liquidity and potentially tighter spreads, which can be advantageous for certain trading strategies.
Do not trade with this broker, if:
- You require extensive educational materials and hand-holding. BlackBull Markets' educational resources are moderate, and personalized support might be limited. If in-depth educational materials and extensive support are crucial for your trading journey, you might need to explore brokers with more comprehensive educational offerings.
- You prioritize traditional account types. BlackBull Markets primarily offers Standard and ECN accounts, which might not cater to specific needs like IRAs or managed accounts
The top 10 countries where BlackBull is most frequently used
No Data Found
Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.