Account Comparison

February 29, 2024

BlackBull Markets reserves the right to refuse to process a transaction at any stage where it believes the transaction to be connected in any way to money laundering or criminal activity. In accordance with international law, BlackBull Markets is not obligated to inform the client if suspicious activity is reported to any corresponding regulatory or legal bodies. The domain blackbull.com is registered under our company, Black Bull Global Limited. Verify your account by providing a scan or photograph of an ID (such as a passport or driver’s license) along with a proof of address document. Analytical tool Express Analysis is available in fee-based tariffs. Get registered and have demo access to see the counterparty checking results.

That said, placing bigger trades can be very profitable as the trading cost is reduced significantly. Traders must provide personal details, employment information, tax identification number, etc., to open an ECN or Prime trading account in BlackBull Markets broker. If you are more experienced and wish to reduce the trading cost, you can activate an ECN Prime account with BlackBull Markets, requiring a deposit of at least $2,000. Considering the minimum contract size being 0.01 lots, we think the minimum requirement of $2,000 is more than reasonable for this type of account.

Those who prefer trading with larger volumes, expecting bigger returns, can resort to the ECN Institutional account. The spreads are reduced to as low as 0.0 pips and the roundtrip commission is only $4. Depending on your experience, risk-level tolerance, and overall trading goals, you may create different accounts with BlackBull Markets.

Our over 15 years of experience in financial markets and high technical knowledge aid in precise and timely identifications. Our independence from brokers and the companies we introduce, our commitment to maximum transparency, and our extensive experience in financial markets contribute to our ranking criteria. These revenue streams allow us to remain financially independent of advertisers, enabling us to provide all services with maximum transparency. Among the financial service providers, there are fraudsters that we promptly report.

500 Leverage

Identity verification is also simple, and if you have prepared the required documents, you can complete this step within 5 minutes or maybe even less. Of course, live trading is the main focus here, which is why the broker is offering several account https://scamforex.net/ options to fit the trading styles of various traders. There are three types of live accounts one can open with BlackBull, with all of them offering ECN order executions. All three account variations support micro lots and offer the same maximum leverage.

TradingFinder.com assumes no responsibility for any potential losses or damages. Past results are no guarantee of future success, so make your financial and investment decisions with utmost care. BlackBull Markets collects and verifies the personal identification data of our account holders, while logging and tracking itemised statements of all the transactions that are carried out by our clients. Select the conditions for your first trading account, including whether you want a Standard or Prime account.

Elevate your trading experience with best-in-classcharting tools and receive TradingView Essential, Plus, or Premium. Research by CompareForexBrokers.com revealed that BlackBull Markets achieved average execution speeds of less than 75 milliseconds. With speeds under 100 milliseconds, traders have a better chance of avoiding slippage and getting the price they desire for their order. Trade directly in TradingView, the world’s leading charting and social platform. Be sure to check all your email folders, including spam and important folders.

Institutional

The spreads start at 0.8 pips and there is no commission charged per trade. If you are interested in trading currency pairs, the Forex section will offer you more than 70 tradable pairs, including major, minor, and exotic currency tickers. If you are specifically intrigued xcritical by the stock market, you can also try the broker’s BlackBull Invest platform, which grants access to more than 26,000 shares, bonds, ETFs, options, and other assets.

Registration requirements

Get started in less than 5 minutes with BlackBull Markets and be ready to catch the next market move. BlackBull Markets does not accept client applications from Canada and the United States. BlackBull Markets is proud to be a Major Partner of the Starship Foundation supporting the vital work of Starship, New Zealand’s national children’s hospital.

Standard

They assess risk, implement controls, and help maintain a strong compliance culture within the organisation. Before deciding to trade in any kind of financial market or financial instruments, you should carefully consider your investment objectives. Complete training in financial markets such as “Forex,” “Stock Market,” and “Cryptocurrencies” only becomes comprehensive with tested trading tools and strategies. “Trading Finder,” with its experience, aids traders and investors in gaining a correct understanding and deep learning. The training programs are designed based on tools for traders of all levels, from “beginner to advanced.”

Account Support

No matter the account type, you will gain access to a wide range of trading platforms, which will offer the opportunity to trade 26,000 instruments. The markets available to BlackBull Markets clients include Forex, Equities, Commodities, Indices, Futures, and Crypto. The broker has partnered with popular third-party solutions like cTrader, MT4, MT5, and TradingView. In addition to said platforms, BlackBull Markets has launched its proprietary CopyTrader platform, suitable for tracking successful signal providers and replicating their trades. Traders who are ready to start trading with real money can also open a live account in just a few steps, taking very few minutes to complete the whole process.

BestBrokers.com does not assume liability for the financial losses our readers can potentially incur while trading with the online brokers we shortlist. Readers should bear in mind online trading with leveraged derivatives carries a high level of financial risk. It is, therefore, unsuitable for those who lack proficiency and sufficient experience. As mentioned earlier, ECN Institutional is definitely most suitable for large-volume traders as it requires a minimum deposit of $20,000.

• Micro-lot trading is enabled with a minimum trade size of 0.01 lots.
• The spreads are reduced to as low as 0.0 pips and the roundtrip commission is only $4.
• Our independence from brokers and the companies we introduce, our commitment to maximum transparency, and our extensive experience in financial markets contribute to our ranking criteria.
• New Zealand international cricketer, Kyle Jamieson, knows the importance of speed.

BlackBull Markets has modified its account offerings to fit the trading volume and deposit preferences of different traders. We suggest beginners choose the ECN Standard account as it has no minimum deposit requirement, allowing them to deposit as little as they feel comfortable with. That said, we would like to emphasize that the minimum contract requirement for this account is 0.01 lots, which is the equivalent of 1,000 units in the base currency of the account. That means traders must have at least $1,000 in their balance to be able to place a trade. If you want to reduce the trading cost, you may opt for the ECN Prime, which offers tighter spreads starting at 0.1 pips. There is a small roundtrip commission of $6 applied to trades, but the overall trading xcritical courses scam cost is still lower.

This is a system of measuring a company’s market power and growth rate by translating the calculated financial indicators into scores. YouControl’s market scoring results in a composite index called MarketScore. New Zealand international cricketer, Kyle Jamieson, knows the importance of speed. Both in international cricket and trading global markets, the difference between success and failure can come down to milliseconds. This is why Kyle has partnered as a Global Brand Ambassador with BlackBull Markets, ensuring speed is delivered when it counts. Copy trades or lead followers with the BlackBull CopyTrader platform.

As soon as you open the registration form, you have the chance to create a Demo account, which will help you practice trading with virtual funds, eliminating the risk of losing real money while still learning how to trade. We provide access to diverse markets on all our accounts, offering superior trade execution, competitive costs, and a wide range of tradable products. These include 70 currency pairs, major market indices and stocks, precious metals like gold and silver, cryptocurrency, and commodities such as gas and oil. Prior to dabbling into margin trading, each reader should take the time to determine their individual investment goals, risk tolerance, and level of expertise. Our main objective is to help readers make better-informed decisions when choosing online brokers and learn the foundations of trading rather than providing financial advice. Please consider contacting a professional advisor if you require any financial assistance.

Compare our trading accounts and find the perfect fit for your trading needs. Forex, binary options, cryptocurrency, and CFD trading on margin involve high risk and are not suitable for all investors and traders. Participating in financial markets involves high risk, which can result in the loss of part or all of your investment. This offer of services is also not intended for residents of the European Union, the United Kingdom nor any non-resident of New Zealand.

Our cutting-edge Equinix servers, located in New York (NY4), London (LD5), and Tokyo (TY3), provide near-instant market access for traders requiring institutional conditions to effectively execute their trading strategy. The “TradingFinder” platform offers various services, some of which, like introductions, are free, while others, such as our specialized services, are provided for a fee or through a subscription. We generate income through various methods, which helps us convey facts transparently and not write biased content due to “broker sponsorships,” “commissions from financial companies,” and “advertisements.” To create a Live trading account with BlackBull Markets, you also need to go through an identity and address verification. While this process may take a bit longer than the registration, we will explain all of the documents you will need, helping you go through this step as swiftly as possible.

What is more, the ECN Standard and ECN Prime accounts support swap-free trading by Muslim traders. If you are wondering which account type is suitable for you, BlackBull Markets offers a simple and short quiz to help you make a decision. The first account option is ECN Standard, which is extremely suitable for beginners as it has no minimum deposit requirement. That means traders can deposit as little as they feel comfortable with. Micro-lot trading is enabled with a minimum trade size of 0.01 lots.