Blackbull Markets Review by Traders Union: International Forex Broker with Comfortable Conditions

The brokerage firm has been operating since 2014. The HQ is located in Auckland, New Zealand. The company incorporates some other departments that are located in the United Kingdom and Seychelles. The broker is regulated by the Financial Market Authority of New Zealand. As for the international license, the company also has a license from the Financial Services Authority of Seychelles.

Trading conditions

Traders can start trading with Blackbull Market with as little as $200. They will gain access to the ECN Standard account, which offers spreads of 0.8 pips and up to a 1:500 leverage feature.

Those who are looking for better trading conditions may pick the ECN Prime account, which starts at $2,000. Blackbull Markets clients can benefit from tighter spreads (from 0.1 pips) and the same lucrative leverage of 1:500. The drawback to this trading account is that one will have to pay a $6.00 commission per lot.

Finally, it is worth mentioning the ECN Institutional account that was designed for all those traders who want to benefit from institutional-grade Forex trading services. Spreads here start at 0.0 pips, but to gain access to this account, you need to invest at least $20,000 in trading. As for the commission, it is negotiable according to the brokerage firm’s T&Cs.

Blackbull Markets Features

Along with comfortable trading conditions, one can benefit from some useful features like a sophisticated trading platform, educational program, and various market research tools. The brokerage firm offers the Metatrader 4 trading platform, which is worth mentioning in this Blackbull Markets review. One can find the desktop, browser, and mobile apps on the official website.

This Forex trading company offers some useful guides for beginner traders that will teach them how to get started with trading. Moreover, those trading educational tools will provide Blackbull Markets’ clients with the opportunity to learn more about trading strategies, money and risk management, etc.

Aside from trading guides, the website offers some useful market review pieces of content. One can find market research releases that will help clients make reasonable trading decisions on various currency pairs, stocks, commodities, and other financial instruments.

Conclusion

Blackbull Markets is a Forex brokerage firm that accepts both novice and seasoned traders.You can choose from a variety of trading accounts here and start your trading career with $200 on your trading balance. Newcomers are offered a detailed educational program that will help them familiarize themselves with various trading features and learn more about the secrets of success in this profession. While Blackbull Markets is located in New Zealand, they have offices abroad and provide services to traders worldwide.