What country is BlackBull Markets?
BlackBull Markets is a forex broker located in New Zealand, regulated by the Financial Service Providers Register (FSPR).
Founded in 2014, BlackBull Markets is a forex and CFD broker headquartered in New Zealand. The broker has been fully authorized by the Financial Markets Authority (FMA) in New Zealand since 2020, and registered on the Financial Services Provider Register (FSPR) since the end of 2014.
Our cutting-edge Equinix servers, located in New York (NY4), London (LD5), and Tokyo (TY3), provide near-instant market access and set the standard for forex and gold trading.
BlackBull Markets was founded in 2014 in Auckland, New Zealand by Michael Walker and Selwyn Loekman.
BlackBull markets is a New Zealand regulated forex and CFD broker established in 2014. BlackBullMarkets offers MT4 and MT5 platforms by MetaTrader with available WebTrader, desktop and mobile apps. Black Bull trading instruments include over 70 forex currency pairs and CFDs for gold, Silver, Oil and Stock indexes.
No, you can't open an account at BlackBull Markets if you live in the United States!
BlackBull Markets will not accept clients: From OFAC-sanctioned countries. From the United States of America (USA)
| Method | Processing Time | Supported Currencies |
|---|---|---|
| Bank Transfer | 1-3 business days | Multi-currencies |
| Airtm | up to 24 hrs | Multi-currencies |
| Crypto | Instant on approval | BTC, ETH, USDT, USDC, XRP, LTC, LINK, BCH, XLM |
| Neteller | Instant on approval | Multi-currencies |
BlackBull Markets requires a minimum initial deposit of US$0 to open a Standard account, US$2,000 to open a Prime account, and US$20,000 to open an Institutional account. Once the initial deposit has been made, you account balance can go below the minimum deposit amount. Subsequent deposit sizes are at your discretion.
- Go to the BlackBull Markets' Client Login Portal.
- Once logged in, select 'Withdraw Funds' under the 'Funding' section.
- Select your MetaTrader account you would like to make the withdrawal from.
- Enter the withdrawal amount and the withdrawal method.
Does BlackBull Markets have negative balance protection?
BlackBull Markets offers negative balance protection for some of its retail clients. Those outside eligible areas must meet conditions or do without protection. If you're not covered, set up stop-loss orders to limit losses on your trades. In times of extreme volatility, reduce trade size or leverage (if allowed).
- How to deposit funds to your account?
- Deposit funds into your trading account in three easy steps with multiple local payment methods.
- Select. Wallet. Select the account you want to deposit funds and click 'ADD FUNDS' Select. Method. Select the payment method by which you want to make the deposit. Specify. Amount.
BlackBull is regulated by the Financial Markets Authority (FMA) of New Zealand and offers over 26,000 tradable instruments including forex, energy, indices, cryptocurrencies, equities, and metals.
Commission is calculated at US$3 per US$100,000 traded (US$6 for a standard round turn). E.g., if you trade 0.01 lots, round-turn commission will be US$0.06. Can I open a Swap Free Account for any of the account types? Yes, we offer swap-free variants for all our account types.
BlackBull Markets was founded in 2014 out of a desire to provide retail investors with the same experiences and resources typically enjoyed by institutional investors.
Our clients have access to up to 500:1 leverage with ultra-tight spreads from as low as 0.0 pips.
Yes, forex brokers are legal in the U.S., but they must be registered with and regulated by the Commodity Futures Trading Commission (CFTC) and be members of the National Futures Association (NFA). This ensures compliance with strict financial standards and offers protection to traders.
| Best Overall, Best for Range of Offerings | CMC Markets |
|---|---|
| Best Forex Broker for Advanced Traders | Saxo Capital Markets |
| Best Forex Broker for Low Costs | XTB Online Trading |
| Best Forex Broker for U.S. Traders | IG |
| Best Forex Broker for Trading Experiences | Pepperstone |
We are a True ECN (Electronic Communication Network), bridging our clients directly to the markets without any internal dealing desks. ECN liquidity is integral to the service offered by BlackBull Markets.
Unfortunately no, BlackBull Markets is not regulated by the FCA. But BlackBull Markets is considered reliable as it is regulated by the top-tier FMA in New Zealand.
Which trading app is used in USA?
Top providers like ETRADE, Robinhood, and Webull see millions of active monthly users. Intuitive design made self-directed trading easy for novices. Lower barriers of entry also helped. Many top apps offer commission-free trades.
Trading Accounts
The Prime account requires a minimum deposit of $2,000 and offers raw spreads from 0.0 pips, a commission of $6 per lot per side, and a maximum leverage of 1:500. Both accounts allow hedging, scalping, and expert advisors.
BlackBull Markets have no minimum withdrawal requirements or withdrawal frequency restrictions. Are there any fees associated with withdrawing funds? Due to the manual nature of the withdrawal process, we charge a flat $5 fee for withdrawals.
There is no account or deposit fee, however, withdrawal carries a price tag. $5 (or 5 units in any other account currency) per withdrawal for credit/debit cards or electronic wallets. $20 (or 20 units in any other account currency) per withdrawal for bank transfers.
Can you pull money out of a brokerage account? Yes, you can pull money out of a brokerage account with a bank account transfer, a wire transfer, or by requesting a check. You can only withdraw cash, so if you want to withdraw more than your cash balance, you'll need to sell investments first.
