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Blackbull Markets Review 2024: Is It Legit Or Scam?


If you’re looking for online trading broker platforms? then you’re at the right place to know about BlackBull Markets. It is NewZealand based trading brokerage especially focused on CFDs, Forex, Educational Institutions, Commodities, etc. Today, it is one of the most successful fin-tech trading platforms, if you’re interested to invest money then review the platform and test drive it.

👊 What is BlackBull Markets?

BlackBull Markets

BlackBull Markets is the award-winning & successful Auckland-based trading brokerage platform. The major goal found on this platform is to become one of the leading online fin-tech and Foreign Exchange brokers in the world. It can provide institutional grade trading to its customers globally with great support and it is more specialized in Forex trading.

  • Received multi awards in the field of fin-tech brokerage platforms.
  • Offers support 24/5 and also provides stable trading & security.
  • It is one of the sponsors of Motorsport Champion.

One can easily set up an account on this platform, more than 300 tradable instruments are offered by it. Trading is one of your hobbies means, it is a good opportunity to review this BlackBull Markets online brokerage platform as it is a trustworthy one. Of course, for professional traders as well as retailers, there is high liquidity and now it is a good chance for you to proceed with it.

👍 What you can Trade?

What you can trade - BlackBull Markets

Now, let’s review what assets can be traded at BlackBull Markets, whereas the traders are likely to trade a wide variety of assets. In this, you can trade single class assets for example Forex, or else CFDs on individual shares, and here is the list of instruments

  •  Forex – Today, Foreign Exchange Market is one of the biggest financial markets across the globe. Of course, per day it has the capacity of an average of $5 trillion in exchanges. At Blackbull Markets more than 64 currencies are allowed to trade 24/5 at the leverage of 1:500. Overall, it is a reliable trading platform that spreads from 0.1 pips.
  • Index CFD – BlackBull Markets gives access to the new markets to its customers across the globe. In the form of CFDs, indices give access to trade on various instruments by providing a risk-less trading strategy. On CFDs, this platform does not charge any commission values, and also provides low-latency trading.
  • Commodities – Commodities are the primary resources consumed daily across the globe, and the traders have access to trade on these commodities such as oil, gas, etc.
  • Valuable Metals – With flexible leverage and minimum trading, it allows to trade on the metals like silver, gold, etc.
  • Energy – Energy commodities are the main factors that affect various industries in this modern economy. BlackBull Markets allows you to trade on crude oil and natural gas at a low-cost pricing model and it is a good advantage to invest by the traders.

😇 Different Types of Accounts

BlackBull Markets Trading accounts

BlackBull Markets offers three types of accounts for the traders to review and choose. All you need to do is just deposit according to the value you can effort. If you deposit more money in the trading brokerage there is a huge chance to earn income through high trading volume.

ECN Prime

If you want to experience trading with straight processing then proceed with an ECN Prime account, and the minimum deposit is $2000. It runs on the server Equinix NY4, and it spreads from 0.1 pips. The commission charges $6 R/T per lot.

ECN Standard

The traders who are at the beginning stage, then this account is perfect, and the minimum deposit to the standard account is $200. This account is completely commission-free, as it spreads 0.8 pips, and it runs on Equinix server NY4.

ECN Institutional

For institutional services and functionality, go with the ECN institutional account with a minimum deposit of $20,000 and also has customizable server options. The commissions of this account are negotiable, and it leverages up to 1:500.

✨ Trading Platform

After selecting any type of account, you have the access to trade into a wide range of markets globally. It allows trading in MetaTrader 4, Virtual Private Servers, and API Fixing.

MetaTrader Supports

MetaTrader4 - BlackBull Markets

MT4 is an institutional-grade platform as this platform is preferred by many traders from beginners to expertise because it allows a personalized trading experience. It has a very easy user interface with high customizable design and features. It connects with Equinix server NY4 so that you can trade directly, and even it execute the trades within 2-5 milliseconds.

MT4 is available to all types of devices like Mac, iPhone, Android, iPad/Tablet, and mobile access is convenient to traders to trade at any time and anywhere. You can manage anything on the go with just a single tap on your mobile.

Virtual Private Servers

Virtual Private Server - BlackBull Markets

It is an ideal trading platform for Forex trading because it reduces latency and provides an excellent trading experience. It has a wide range of options from security settings to operating systems & times. If a trader cannot afford downtime, then VPS is for you, and if you’re interested in VPS then BlackBull Markets offers free services to its customers.

The main benefits of VPS are:

  • Up to 30% it can reduce the latency
  • By fiber optic cable it connects to the Equinix servers
  • Uptime at VPS is 99%
  • The security options are customizable
  • All your data is safe and secure
  • The server parameters are controlled
  • It reduces the slippage.

API Fixing

BlackBull Markets connects directly to API fixing so that it allows its clients to fix applications on their own. The main advantage is it fasten the speed as well as offers lower latency. It connects with DMA – Direct Market Access, ECN integration, and straight-through processing (STP). It can fix any type of program and also totally customizable.

🏆 Awards

BlackBull Markets - Awards

In recent times, BlackBull Markets received some of the awards, and here is the list of awards

  • In 2020, it received Best New Zealand Forex Broker by Compare Forex Brokers. 
  • In 2019, it honored as 2019 Deloitte Fast 50. 
  • In 2018, it received an award as 2018 Deloitte Fast 50.
  • 2018 APAC Technology Fast 500.  

😇 Regulation and Safety Measurements

For Traders, it is always important to review and proceed with a regulated & secured broker platform, and BlackBull Markets is a regulated broker site. In this digital world, there are huge chances to lose money in different ways like scam brokers, or through traps. In order to prevent this, check whether the trading platform is regulated or not. 

This trading platform is registered as a member of Financial Service Complaints Limited (FSCL) and Financial Service Provider Registry (FSPR). Therefore, BlackBull Markets is a trusted trading broker platform and also provides high-security standards to its customers or traders. 

✅ Trading Technology

BlackBull Markets Technology

The trading technology infrastructure of BlackBull Markets is the best infrastructure when compared to other broker platforms because

  • The deposit and withdrawals are quick and easy. 
  • Access to more than 80 trading instruments including gas, oil, gold, etc. 
  • It spreads from 0.1 pips
  • Has leading trading platform MT4
  • Experience institutional trading 

🤔 Why Choose BlackBull Markets?

Why BlackBull Markets

To Trade easily, BlackBull Markets are providing extraordinary services for the traders and frequently it implementing the services for more convenience to its clients. 

  • Offers great customer service. 
  • Manages trading according to the market conditions. 
  • Does not offer any gimmicks or scam, all it offers better services.
  • Access to trade on various instruments.

⚠️ Pros and Cons of BlackBull Markets


  • Offers demo account
  • The minimum deposit is $200
  • Max leverage 1:500
  • Offers different trading platforms
  • Can trade different instruments across the world
  • Offers great customer support
  • Award-winning trading platform
  • It is a regulated platform
  • User-friendly & beginner-friendly
  • Straight through processing
  • Different account types



  • Lack of fixed spread accounts
  • Not having cons to mention

🔥 The Final Conclusion

BlackBull Markets is one of the trading brokerage platforms to provide excellent trading options according to the market conditions. It gives access to trade various instruments across the world and its trading platforms are MT4, API Fixing, and many more.

It allows you to trade on different devices and for more convenience, you can trade on your mobile phones at any time and anywhere. The technology structure used at Blackbull Markets are the best in the industry and moreover it regularly updating their service to provide the best to their customers. 

It is a regulated and registered brokerage platform, so you can trust this platform and proceed to invest in it. Overall, one can experience great trading at BlackBull Markets and step ahead, start trading.   

🤡 Frequently Asked Questions

🤞 Does BlackBull Markets is a trustworthy trading brokerage platform?

Yes, BlackBull Markets is a trustworthy platform as it is regulated and registered by the Financial service provider registrary. Its FSPR number is FSP403326.

✌️ How long does BlackBull Markets take time for withdrawals?

The time varies, but the average processing time for withdrawals on an average is 2-5 days.

Written by


Katleen Brown, a content writer. She loves to publish her articles on various technical related websites. In her spare time, she likes to do research and writing articles to bring awareness on new trends in technology and gadgets. She is working as Communication Practitioner and Technocrat Expert Writer. Advocating all types of technical professionals.

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