Like all referrals, BlackBull Markets designed its affiliate program to meet innovative marketing needs. For instance, it offers affiliate partners personal support and tools for tracking their affiliate business growth. Additionally, partners benefit from the guidance of a Personal Affiliate Manager with years of industry experience. With the app, users can use over 70 different order types and have access to extended hours trading which allows users to open positions beyond the usual market hours. Aside from this, the BlackBull Shares Trading app also offers various chart and analysis tools with data feeds from third party systems. With its responsive design and intuitive interface, you can easily switch between desktop and mobile applications without losing any functionality.
BlackBull Markets Minimum Withdrawal
- The best example of an index is the Standard & Poor’s 500 Index or SPX500 which pools the 500 biggest publicly traded companies in the US.
- There are four different account types that users can open with the broker which we’ll get into detail.
- BlackBull’s highly efficient support team and dedicated account manager ensure immediate assistance whenever necessary.
- Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.
- The three BlackBull Markets account types provide traders with competitive choices.
It is an active member of the New Zealand Financial Services Complaints Limited (FSCL) dispute resolution scheme. FSCL aims to provide a cost-effective alternative to legal action for resolving disputes in the financial services industry. The broker stores client funds in segregated accounts at ANZ Bank, one of the most reputable financial institutions in New Zealand.
MT4 was primarily built for trading currency pairs, while MT5 is a multi-asset platform. BlackBull Markets offers average trading fees compared to the industry leaders. This feature grants you the flexibility to choose the platform that best aligns with your expertise. If you’re a stock veteran, you can also capitalize on BlackBull Invest to invest directly in shares of major companies for long-term wealth-building. The entry barrier is low, trading costs are affordable and funding is fast and hassle-free.
The broker offers various account types, dedicated 24/7 online support, and high leverage. In this review, we will discuss important topics such as regulations, assets, trading fees, and more. The account minimum, spread and commission depend on your selected account types.
Trading Platform Features
Besides providing each trader with a dedicated account xcritical courses scam 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. The program offers incentivized bonuses and payments of up to $250 for any client who signs up on the platform, deposits funds and starts trading through your affiliate link.
Other cTrader features, like an integrated economic calendar, mirror those of MT5 platforms. CTrader is compatible with Mac and portable iOS devices, as well as Windows desktops and Android devices. 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.
Fees & commissions review of BlackBull Markets
Here is a summary of the BlackBull Markets review with the platform’s key features in this pros and cons list. Net accounts are especially useful when you want to be able to add and reduce your position size. Other products have a reduced leverage, which is normal with CFDs brokers, but still a good amount of leverage. This ensures that your trades xcritical scammers go directly to the market, and there’s no intervention or dealing desk manipulation. Traders can open a BlackBull Markets live account via the hassle-free online application, which does not demand unnecessary information. Account verification is mandatory to satisfy regulatory-mandated AML/KYC requirements.
📒 A practice account for beginner traders who wish to hone their trading skills and gain experience in a risk-free environment using virtual funds. BlackBull Markets was founded in 2014 in Auckland and is a true electronic communication network (ECN), no dealing desk brokerage that specializes in Forex, CFDs, and Commodities. BlackBull Markets offers professional services like personal account managers, daily market condition updates, and analysis as part of an overall superior product to clients. Comprehensive information on specific support resources, such as account, platform and market support, can be found in the support dropdown tab at the lower part of the menu. BlackBull’s exceptional service and commitment to its trading community were core factors in the broker winning the Best in Class for Offering of Investments in ForexBrokers.com’s 2023 Annual Awards. BlackBull Markets provides round-the-clock customer support through Live Chat, email or telephone.
Leverage and Margin Requirements
Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. Clients of BlackBull Markets have access to a wide range of instruments, however, it should be mentioned that the maximum number of stocks are only available on the dedicated BlackBull trading platform. Traders have access to 70 currency pairs including major, minor, and exotic pairs. In addition, there are 10 crypto derivatives, 10 indices, and 18 commodities available for trading.