Advanced investors trading under the ECN Institutional account type can benefit from negotiable commission rates and spreads from 0.0 pips. BlackBull Markets trading fees are competitive, though these costs vary by account type and instrument. The broker charges no commission on the ECN Standard profile, with spreads from 0.8 pips. The company founders offer 10+ years of combined institutional experience in the forex space. The broker is a true ECN, no dealing desk brokerage, providing institutional-grade fintech services to retail clients. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time.

Blackbull Markets Fees

No, the broker does not charge inactivity fees on dormant accounts. Once a bank transfer withdrawal has been approved and processed, it may take three to five days more for the money to arrive in your account. BlackBull Markets strives to process all withdrawals within 24 hours.

The best part is their super fast and excellent customer service on WhatsApp, especially Mariana of their team. The broker also offers TradingView as an alternative platform. The world’s leading charting and social trading platform can be used on both desktop and mobile devices with Blackbull integrating with the iOS and Android app directly in 2024. ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry.

Trading Platforms

Our experts are pleased with the security measures implemented by the broker. All transmitted information is encrypted via a secure SSL connection. BlackBull Markets adheres to segregated client funds in top-tier banks and offers negative balance protection. You can contact the customer support team via several methods, including telephone, xcritical rezension email, and 24/7 live chat. The online broker partnered with Autochartist in 2022 to offer powerful market analytics and automated opportunity identification.

1. You can create a demo account by filling in a short online application form and setting the custom parameters of your account.
2. The online broker partnered with Autochartist in 2022 to offer powerful market analytics and automated opportunity identification.
3. BlackBull Markets’ Standard Account has a minimum round-trip cost for trading a Forex currency pair of at least 0.8 pips without commission.
4. We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables.

Founded in 2014, Black Bull Group Limited (BlackBull Markets) offers access to thousands of instruments on industry-renowned and proprietary trading platforms. I’ve been with Blackbull for a while, after having a bad experience with other brokers. The interface is easy to use, deposits and withdrawals fast and easy with many different options.

We are satisfied with the additional features offered by the broker. Day traders can make use of social trading tools such as Myfxbook, HokoCloud and ZuluTrade. The broker also offers free VPS services for traders who meet certain criteria, including NYC Servers and BeeksFX. Institutional clients can also access prime services and PAMM accounts.

Georgia was very kind and quick to…

That said, BlackBull still has room to further improve against the competition. We’d love to see the broker acquire more regulatory licenses in Tier-1 jurisdictions, which would only improve its Trust Score. It goes against our xcriticals to offer incentives for reviews. We use dedicated people and clever technology to safeguard our platform.

To evaluate brokers, we test the accounts, trading tools and services provided. Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points.

The levels of support and protection may vary depending on the entity. All payments are processed instantly, apart from bank wire transfers which can take up to three working days for funds to clear. When we used the BlackBull Markets platform, we were pleased with no account opening costs or inactivity fees for dormant profiles. Steven Hatzakis is the Global Director of Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry.

We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. It’s also important to note that BlackBull Markets xcritically has a relatively small number of regulatory licenses. BlackBull Shares is the broker’s proprietary mobile app providing access to global share trading across 80+ markets. It is available for free download to iOS and Android devices.

BlackBull Markets does not charge for sending payments, but transfer fees are applied by remitting banks or providers. Depositing funds to a BlackBull Markets account is straightforward. Traders can use several methods including credit or debit cards, bank wire, FasaPay, Neteller, Skrill or UnionPay. Wow I can not overemphasize on the outstanding customer service I received from one of the agents by name Rodolfo. Compare BlackBull Markets with the top 3 similar brokers that accept traders from your location. You can open a live account and set up your client login in xcritical scammers just a few stages.

Blackbull Markets does not offer traders spread betting and therefore spread betting fees are not applicable to this broker. Traders who are eligible for the Islamic account can follow the process of opening a Blackbull Markets live account and apply for the Islamic option after funding their trading account. Overnight fees, otherxcritical known as swap fees or rollover fees, may be charged for positions held open for longer than a day. Blackbull Markets offers the option of an Islamic account to traders who are of the Muslim faith and who operate under Sharia Law. MT4 and MT5 permit access to all trading indicators, drawing tools, and automated functionalities found within the web-based platforms.

There is a very high degree of risk involved in trading securities. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. The Prime Account has a minimum round-trip cost of trading the EUR/USD at a minimum of 0.1 pips plus commission equivalent to 0.6 pips. Thus, holders of these types of accounts will never pay less than 0.7 pips.

Complete the online registration form and submit your ID verification. You will need to confirm your email address and wait for approval. BlackBull Markets offers an impressive 26,000+ global instruments. 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.

Impressed with the customer support

When we used BlackBull Markets stocks application, we were impressed with the one-stop shop to trade and manage your account whilst on the go. The MT4 system is the go-to option for many brokers and traders. The platform offers near-instant execution speeds, interactive charts, and direct market trading using prime liquidity providers. The platform supports Expert Advisors (EAs), as well as MetaScripts, which allow you to create your own automated robots.