It features spreads starting from 0.0 pips (ultra-raw spread), a $4 per lot commission and a $20,000 minimum account requirement. That is, a total trading cost of $4, which is low compared to the other accounts. For example, the addition of quizzes and progress tracking features could help BlackBull further improve its educational offering for retail traders. As shown in the table below, these commission rates are lower than most top brokers such as Pepperstone, IC Markets, and EightCap, which charge $3.50 USD. Our review of BlackBull Markets has uncovered several good reasons to open a live account, including access to competitive spreads and a wide choice of platforms and tools.
- Its cTrader Copy and cTrader Automate modules also facilitate copy trading and automated trading.
- Withdrawals must be made using the same method that you originally deposited.
- The average spread figures for BlackBull Markets are derived through a monthly comparison of published fee data and real-time testing on live accounts.
- He is a long-time active investor and engages in research on emerging markets like cryptocurrency.
- It also features a depth of market (DoM), detachable charts, an integrated economic calendar and extra pending order types (sell stop limit and buy stop limit).
Offering of investments
Suppose you’re a long-term buy-and-hold investor focusing on fundamental analysis. The platform also offers screeners for multiple assets (stocks, forex and crypto), a robust alert system and a vibrant trading community for knowledge-sharing. TradingView is the #1 charting and analytical platform used by 50+ million traders worldwide. Suppose you’re an active day trader or swing trader aiming to refine your strategies and develop unique trading styles. In that case, TradingView is a must-have tool in your trading arsenal. The platform xcriticals limitless flexibility and customizability with unparalleled functionality and ease of use.
The BlackBull CopyTrader platform can take your copy trading experience to a new level. The broker facilitates social trading via additional tools like ZuluTrade and Myfxbook. These encompass chart exports, backtesting, fundamental stock data, trade ideas, chart exports, heatmaps, real-time global news and xcriticalgs calendars.
BlackBull Account Types
Traders can also access multiple order types, 30+ xcritical reviews pre-installed indicators and analysis tools, nine timeframes, one-click order execution, multiple chart set-ups, and a market watch window. We use proprietary AI technology to assist in some aspects of our content production. However, our scores, ratings, and rankings of online brokers are based on our in-depth product testing and thousands of hand-collected data points. The trading fees, including commission and spread, are competitive, and execution is lightning-fast and precise — a unique feature of an ECN broker. As an ECN broker, BlackBull Markets lets you trade outside regular trading hours.
What is the Minimum Deposit at BlackBull Markets?
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. Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets. He is a long-time active investor and engages in research on emerging markets like cryptocurrency.
It would be great if they could in the future offer a wider selection of assets to trade. After almost two years of trading, they decided to remove all profits (10k). They never bothered to show any evidence, or give a detailed explanation. All they said was that my trading account “appears to exploit specific market conditions”. Before that, I never heard any remark from them.They even dared to say that my trading is against xcritical scam the ethical standard of their trading framework.
Withdrawals must be made using the same method that you originally deposited. Fees apply at 5.00 in the base account currency for credit/debit cards, Neteller, Skrill, and international bank wire transfers. BlackBull is a broker considered to be of “Average Risk” with a trust score of 78 based on rankings from ForexBrokers.com, providing a relatively secure trading environment. The minimum and maximum deposit limits vary slightly across each method. As a standard practice, you make withdrawals using the same deposit method.
For instance, the ECN Standard account is commission-free and requires zero minimum. As an ECN broker, BlackBull Markets offers significant cost savings via near-instant trade execution. The table below shows how the pricing structure and other parameters compare for each account type.
Regrettably, BlackBull Markets limits its demo account to just 30 days, and it is only available on the MT4 trading platform. While the trading conditions are not identical to a live one, BlackBull Markets should allow for longer than 30 days. 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.
I searched their legal documents, but none confirmed the existence of negative balance protection. However, from a regulatory perspective, I can strongly recommend this broker. From a security perspective, client deposits remain well-protected, but I cannot ignore the absence of negative balance protection, particularly for leveraged trading accounts.
Regulation and customer protection will vary between the trading entity. BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs. All content is researched, fact-checked, and edited by our research team and all ratings and rankings are based on the team’s in-depth product testing. BlackBull Markets also boasts some of the most advanced and intuitive trading technologies, with robust features and sufficient assets to cater to diverse trading preferences. Thanks to its cutting-edge Equinix server, BlackBull Markets offers near-instant execution. In a recent study conducted by CompareForexBrokers.com, it was ranked the #1 fastest broker.
Unlike other brokers, BlackBull Markets also provides educational resources for intermediate and advanced trading, hoping to update their trading experience. BlackBull Markets maintains an active presence on LinkedIn, X, Instagram, Telegram, WhatsApp, YouTube and Facebook. These platforms provide an alternative means of connecting with the team and its trading community and asking questions as needed. Besides providing each trader with a dedicated account manager, the broker did well to provide comprehensive information on its products and services on the website. The Quickstart dropdown tab on the top of the menu can answer some of your questions regarding the company and its various services.