Welcoming BlackBull Markets at TradingView

Account registration and onboarding, including documentation and know-your-customer (KYC) processes, takes under five minutes. For beginners, the demo account is invaluable for backtesting strategies, getting acquainted with trading platforms xcritical scammers and building the confidence necessary for live trading. BlackBull’s educational hub boasts libraries on forex, crypto, commodities and stocks neatly divided into Beginner, Intermediate and Advanced sections. This outstanding educational approach ensures that every trader, regardless of experience level, can learn and continually update their trading knowledge.

Standard Account

I appreciate the transparency at BlackBull Markets, as fully detailed contact information is provided. Beginner traders get fifteen videos, and numerous short Trading Guides, offering an in-depth introduction to trading. While I prefer more content, BlackBull Markets presents enough information for beginners. Here is a screenshot of the BlackBull Markets MT4 trading account during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads.

Institutional clients can also access prime services and PAMM accounts. 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.

Trading Fees

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. The minimum amount to be able to request a withdrawal from BlackBull Markets is $1. On the other hand, the ECN Standard Account doesn’t charge any commissions. If you trade other symbols, like indices, or metals, the maximum lot sizes may vary.

What Is The Margin Call And Stop Out Level When Trading With BlackBull Markets?

The $1 price difference translates to thousands in additional annual profit under similar conditions and trading strategies, particularly for high-volume and high-frequency traders. The MT4/MT5 platforms are highly reliable trading technology with compelling features like fully customizable charting options, multiple order types and advanced analytical capabilities. Both have built-in copy trading systems and support one-click trading, algo or automated trading through Expert Advisors (EAs), trading from the charts and trailing stops. They’re available on tablets, mobile devices (Android and iOS) and desktops (Windows or Mac). You can execute trading via the web without downloading any software onto your device using the MT4 WebTrader. BlackBull Markets lives up to its hype as a well-established and globally renowned ECN broker.

1. However, to enjoy the VPS service, a minimum deposit of $2,000 and monthly trading of 20 lots across forex pairs or metals are required.
2. CFD trading lets you profit from rising and falling markets by entering into contracts with a broker to exchange the difference in an asset’s value between the opening and closing of the trade.
3. This is more so because its features mirror MT4/MT5 and cTrader but with added flexibility and convenience.
4. Note, Islamic accounts and Active Trader accounts are available for eligible clients.
5. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process).

BlackBull Markets accepts residents from all over the world except some specific countries. BlackBull Markets doesn’t accept clients from the United States, Canada, and OFAC-sanctioned countries. You xcritical rezension are allowed to do copy trading on your BlackBull Markets account.

One of the most ignored trading costs is swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs. In assessing BlackBull Markets, we’ve employed our thorough methodology, aimed at assisting traders in selecting the most suitable forex broker for their requirements. Our evaluation includes an analysis of 40 brokers, spanning eight critical categories.

BlackBull Markets vs Other Brokers

However, the bulk of BlackBull Markets’ tradable symbols are equities. BlackBull Market is a legit broker regulated in New Zealand, the UK, and Seychelles with an exceptional regulatory track record. Traders can request withdrawals from the secure back office of BlackBull Markets in a straightforward process, usually completed within 24 hours except for bank wires. BlackBull Markets accepts deposits by bank wires, credit/debit cards, Skrill, Neteller, Union Pay, FasaPay, and selected cryptocurrencies.