BlackBull Markets, hailing from New Zealand, provides a comprehensive range of trading platforms and instruments. While the broker has seen significant growth, it needs to enhance its educational content and expand its regulatory coverage.
Rating: 4/5 Stars
Minimum Deposit: $0
Trust Score: 78
Symbols Offered: 26,000
Pros:
- Regulated by New Zealand’s Financial Markets Authority.
- Supports MetaTrader 4 and MetaTrader 5.
- Access to tools like Autochartist.
- BlackBull Shares offers extensive trading symbols.
- Several copy trading platforms supported.
- TradingView integration since 2021.
- Recently strengthened by private equity investment.
Cons:
- Only regulated in New Zealand.
- Seychelles regulation offers less protection.
- Limited educational resources compared to industry leaders.
- Average commission and fee structure.
Account Types:
- Standard Account: Higher spreads, no commission.
- Prime Account: Requires $2,000 deposit, lower spreads with $6 commission.
- ECN Institutional Account: Lower commissions with a $20,000 deposit.
Platforms Available:
- MetaTrader 4 and 5, TradingView, cTrader, BlackBull Trader.
Research and Education:
- Daily market updates available.
- Educational resources are expanding but still limited.
Summary:
BlackBull Markets is making substantial progress with its offerings and platforms but could benefit from enhancements in educational content and regulatory coverage.