BlackBull Markets, operating from New Zealand, provides a broad range of trading platforms and investment options. While the broker has advanced significantly, it still needs to address areas such as educational content and broader regulatory coverage.
Rating: 4/5 Stars
Minimum Deposit: $0
Trust Score: 78
Total Symbols: 26,000
Pros:
- Fully regulated in New Zealand.
- Provides MetaTrader 4 and MetaTrader 5.
- Features third-party tools like Autochartist and Acuity.
- BlackBull Shares platform includes over 26,000 symbols.
- Multiple copy trading platforms supported.
- TradingView integration added in 2021.
- Recent private equity investment bolsters its position.
Cons:
- Limited Tier-1 regulatory licenses.
- Seychelles regulation offers less protection.
- Educational resources are somewhat limited.
- Commissions and fees are average.
Account Types and Fees:
- Standard Account: Higher spreads with no commission.
- Prime Account: Lower spreads with a $2,000 deposit and $6 commission.
- ECN Institutional Account: For larger traders with a $20,000 minimum deposit and reduced commissions.
Trading Platforms Available:
- MetaTrader 4 and 5, TradingView, cTrader, BlackBull Trader.
Research and Education:
- Provides daily market commentary and updates.
- Educational resources are growing but not yet comprehensive.
Conclusion:
BlackBull Markets is a well-rounded broker with substantial advancements in trading tools and platforms, though there is room for improvement in its educational and regulatory aspects.
