BlackBull Markets is a notable forex and CFD broker from New Zealand, offering a wide array of platforms and investment options. The broker has made significant advancements but still faces challenges in expanding its educational resources and regulatory coverage.
Rating: 4/5 Stars
Minimum Deposit: $0
Trust Score: 78
Total Symbols Available: 26,000
Strengths:
- Regulated by New Zealand’s Financial Markets Authority.
- Provides MetaTrader 4 and 5.
- Includes third-party tools like Autochartist and Acuity.
- New BlackBull Shares platform expands trading options.
- Supports several copy trading services.
- TradingView integration enhances functionality.
- Backed by recent private equity investment.
Weaknesses:
- Limited Tier-1 regulatory licenses outside New Zealand.
- Seychelles regulation provides less protection.
- Limited educational content compared to leading brokers.
- Average in terms of commissions and fees.
Account Types:
- Standard Account: No commission with higher spreads.
- Prime Account: Requires a $2,000 deposit, lower spreads with a $6 commission.
- ECN Institutional Account: For larger deposits of $20,000, with lower commissions.
Trading Platforms:
- MetaTrader 4 and 5, TradingView, cTrader, BlackBull Trader.
Research and Learning:
- Provides daily market analysis.
- Educational resources are improving but still not top-tier.
Conclusion:
BlackBull Markets is advancing rapidly and offers a solid trading platform but could benefit from improvements in education and regulatory licensing.
