Posted in:

Security And Regulation at BlackBull Markets – What You Can Trade?

© by BlackBull Markets

BlackBull Markets is a FinTech business with its main office in New Zealand. It takes pride in its quickness and accuracy, guaranteeing traders deep liquidity and ECN/NDD execution on the MT4/MT5 trading platforms.

Security and Regulation at Blackbull Markets

BlackBull Markets offers two subsidiaries that are subject to strict rules.

The New Zealand Financial Markets Authority is the primary oversight body for BlackBull Markets (FMA). The Seychelles Financial Services Authority has granted BBG Limited, a subsidiary it maintains, permission to operate (FSA). BlackBull Group UK Limited provides payment clearing services.

What Can I Trade?

BlackBull Markets, one of the top five brokers in the market, provides traders with a wide variety of assets. 60+ currency pairings are available to forex traders, but the majority comprises 23,000+ equity CFDs and the underlying asset for direct share dealing from more than 80 international stock exchanges. This leads to a wide range of trading options for picky asset managers and long-term dividend income-generating portfolios. The only asset type not available at BlackBull Markets is ETFs, but the company has also included bitcoin CFDs.

Account Formats

Three different account types, each suited to a particular class of trader, are available from this broker. This includes accounts with competitive spreads and low minimum deposits that are ideal for beginning traders and accounts with institutional-level features and services but higher minimum deposit requirements. Leverage on these accounts is up to 1:500, which is plenty for scalpers, day traders, and swing traders alike!

BlackBull Markets: Are They Regulated?

Are they regulated? This is the most crucial question when choosing a forex trading broker. Unregulated brokers can deceive you by manipulating spreads and pricing. The terrible part is that so many of them are deceiving unwary traders daily. So, is this broker licensed? Yes, it is the answer.

In conclusion, Blackbull Markets is a reputable and licensed forex trading broker that offers excellent conditions and segregated client money, ensuring the safety of your capital. Because they are an NDD ECN broker, they don’t manipulate prices or create a false market; instead, they transfer your transactions directly to the liquidity providers.

Every few months, it’s crucial to verify the status of your forex brokers’ regulations to ensure that everything has stayed the same and that no regulators have added them to any risk lists.

Trading Environments

The MetaTrader 4 trading platform, also referred to as MT4, is made available by BlackBull Markets. The most popular retail forex trading platform is, without a doubt, MT4, which is used by millions of traders and hundreds of firms worldwide. Although MT4 is undoubtedly not the most sophisticated platform available, it excels at fundamental technical analysis and order execution, making it the preferred option among traders. Additionally, they now provide MT5, a more recent and expert version of MT5.

Assistance to Clients

There are several simple ways to contact the broker, though I have yet to need to do so. BlackBull Markets assigns you an account manager when you sign up, and they send you an email right away with all their contact details, including their Skype username and mobile number.

Suppose you want to refrain from speaking with your account manager directly. In that case, a very responsive live chat is available 24 hours a day, seven days a week, as well as countless phone numbers and an email address for customer support.

The support provided by this broker is fantastic when compared to many of the top-end brokers available in recent years. However, if you are based in New Zealand, they publish their address on the website so that you can make your way to the office for an in-person conversation with your account manager. This will only apply to international clients.

2023 Price Prediction for Bitcoin (BTC)

The Bitcoin price prediction chart, given by Traders Union, the price of Bitcoin is anticipated to surpass $35,205.89, according to the forecast data analysis. Bitcoin is expected to reach a minimum fee of $33,915.35 by the end of the year. Additionally, the price of BTC can compare to a maximum of $36,503.36. Investors and owners of digital assets need to be aware of the 2023 Bitcoin Price Prediction.