Broker Details
| Minimum Trade Size: | 0.01 |
|---|
| Maximum Leverage: | 500:1 |
|---|
| Minimum to Open Live: | $200 |
|---|
| Established: | 2014 |
| Address: | Level 22 120 Albert Street Auckland 1010, New Zealand |
| Contact: | support@blackbullmarkets.com, (+64) 9 558 5142 |
| Regional offices: | |
| Regulators: | FSPR #FSP403326 |
| Prohibited countries: |
| Trading platforms: | MT4, MT5, WebTrader |
| Web Trading: | Yes |
| Mobile Trading: | Yes |
| ECN: | Yes |
| Currencies: | (30+) |
| Cryptocurrencies: | |
| CFD: | (5+) Gold, Silver, Stock Indexes, Oil |
| EAs/Robots: | Yes |
| News Spike Trading: | Yes |
| Scalping: | Yes |
| MAM: | Yes |
| ZuluTrade: | Yes |
| Deposit Methods: | Bank Wire, VISA, MasterCard, FasaPay, Neteller, Skrill, UnionPay |
| Withdrawal Methods: | Bank Wire, VISA, MasterCard, FasaPay, Neteller, Skrill, UnionPay |
BlackBullMarkets.com profile provided by Client Services Team, Apr 25, 2018
We were founded with the goal of becoming the leading online Financial Technology and Foreign Exchange broker. BlackBull Markets is a true ECN, No Dealing Desk brokerage specializing in Forex, CFDs, Commodities, Fibre Optic Communications and Fintech solutions for a global clientele.
Institutional grade products available to our Retail Clients:
An unrivaled depth of market (up to 100 lot trades per click at 1:500 leverage)
Proprietary trade-order aggregation system decreasing spreads while increasing execution speeds and available markets
Customised account support with personal account manager with 24/6 live support
FREE Virtual Private Servers (VPS) service with Prime spreads.
Video
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Traders Reviews
Fantastic
Service use: Live
Length of use: 0-3 Months
Several other people I know use them and gave had no issues with withdrawals, though I haven't had a withdrawal yet.
Highly recommend.
Excellent
Service use: Live
Length of use: over 1 Year
for sure they are market maker
Service use: Live
Length of use: 3-6 Months
2. TP hits before it reaches to your target and your stop loss will pass and never hit.
3. very hard to contact them.
these 5 stars here are absolutely scams
Thank you for your feedback. We are pretty shocked to read this comment, as you have made some accusations without any premise, nor followed up on any dispute with us. However, we are still keen to reach out and try to resolve your issue.
1. We process all withdrawals within 24 hours
2. This could very well be addressed by a phone call discussing how spreads and liquidity works; and
3. Our Live chat is open 24 hours, 6 days per week and we aim to respond to all queries into our support inbox within 1 working day.
Again, would be extremely keen to help you resolve your issue and should you wish to contact us, please email support@blackbullmarkets.com
Kind regards,
Support Team
BlackBull Markets
Market Manipulation.
Service use: Live
Length of use: 3-6 Months
We really appreciate you taking the time to leave us feedback. As you rightly stated, we will respond to all negative feedbacks and this is done with a view of resolving them.
Firstly, you mentioned that you may have experienced an error when placing a trade, with an "Order is Locked" message. If that is the case, please do email tradesupport@blackbullmarkets.com and we can investigate this for you immediately.
With regards to "Preventing you on making profits" - this is incorrect, as we simply facilitate the technology and liquidity for you to trade. We do not have a dealing desk, nor do we have a conflict with clients trades and this is represented in our execution model. Again, if you have any specific trade where you have felt the trades may not have executed the way you would have expected, please let us know and we can investigate for you.
We pride ourselves on being transparent with clients and this is done mainly to educate clients on liquidity. Again, a rare feat in the broker industry.
Extremely sorry that you had a bad experience with us, but we are here to help in any way possible to make things right.
Kind regards,
Support Team
BlackBull Markets.
Excelent Borker
Service use: Live
Length of use: 3-6 Months
Withdrawal and deposit fee are very high.
Most banks do not charge 20% of the deposit value as a deposit fee by Bank wire. We, in fact, do not charge any fees on deposits by Bank Wires. However, as a gesture of good faith, we can cover the $20 your Bank is charging you on your Bank deposit into your Account and this would be added to your Account. If you are interested in exploring this option, please email support@blackbullmarkets.com
Hope this helps.
So far...
Length of use: 6-12 Months
So far these guys have been top notch with tight spreads and good execution. I would "at the moment" compare them to my old broker. Keep it up. Thumbs up. Regulation is another thing.. :)
Excellect Service
Service use: Live
Length of use: 0-3 Months
They seem too busy to open new account
Service use: Other
Length of use: 0-3 Months
Nothing happens, no mail, no message, and on my "inactive" account profile, documents are still in "pending approval".
Two weeks and documents are not processed, i can't imagine the time it will take to withdraw... I run away.
Seems they are too busy to accept new customers.
PS to BBM representative : I wrote you to delete my account, don't lose your time by completing my registration, i won't trade with a broker that fails on the first step that a customer got with a service provider.
We aim to process all applications within 24 hours, however, we have recently experienced delays with an influx of thousands of new applications on an almost weekly basis. To combat this, we have now automated some of our on-boarding processes and have also added new staff members to our team.
I hope this helps and again, we apologise for any inconvenience caused. Should you wish to come back to us, we would be happy to have you and offer you some freebies as a gesture.
Kind regards,
Customer Service Team at BlackBull Markets.
Frequently Asked Questions
Is BlackBullMarkets a good broker?
Unbiased traders reviews on ForexPeaceArmy is the best way to answer if Black Bull Markets is a good broker. https://www.forexpeacearmy.com/forex-reviews/11640/blackbullmarkets-forex-brokers
Please come back often as broker services are very dynamic and can improve or deteriorate rapidly.
Additionally, we'd recommend to check recent Black Bull Markets community discussions: https://www.forexpeacearmy.com/community/tags/blackbullmarketscom.
Is BlackBullMarkets legit?
BlackBullMarkets is a New Zealand company. It is the trading name of BlackBullGroupLimited.
BlackBullGroupLimited is registered with the Financial Services Provider Register (company number:5463921).
It is well recommended to verify the regulatory information and read the traders' reviews on ForexPeaceArmy from time to time as regulatory information can change and services can get better or worse. https://www.forexpeacearmy.com/forex-reviews/11640/blackbullmarkets-forex-brokers.
What is the maximum leverage for BlackBullMarkets?
BlackBullMarkets offers a maximum leverage of 500:1 for all types of forex accounts.
What account types does BlackBullMarkets offers?
BlackBullMarkets offers three types of forex accounts which are:
- Standard account
- Prime account
- Institutional account
Does BlackBullMarkets offer Islamic (swap-free) accounts?
Islamic, in another word swap-free, accounts are offered in BlackBullMarkets's Standard, Prime and Institutional Accounts, retaining all the features of the regular account types.
Service use: Live
Length of use: 0-3 Months
The spreads and offers they run, in my limited time trading, are the best I've seen and have switched from my previous broker to BlackBull due to these all of these points.