BlackBull Markets

For people who do not know Blackbull Markets, it is one of the leading online brokers. It has several awards to its credit due to the best services and features offered for trading. Black Bull Group Limited is the parent company of this brokerage firm. The regulated broker found its establishment in 2014. 

A New Zealand-based broker is authorised and regulated by the New Zealand Financial Services Authority (FMA). It is also regulated by the Financial Services Authority (FSA) of Seychelles. Apart from winning various awards, it is also one of the fastest-growing companies.

More than 350 trading assets are available for trading with the broker. In addition, various types of trading accounts are available for each trader. The trading platform is also secured to ensure the protection of trading data and funds of a trader.

Therefore, Blackbull Markets offers reliable services and trading benefits for a trader. You can also visit the Blackbull Markets website to know some further information about the broker. This detailed Blackbull Markets review can assist you in making a clear decision whether you should trade with this broker or not.

Pros and Cons: Blackbull Markets

The pros of trading with this broker are as follows:

• A free demo account in the beginning to understand the platform

• Three different types of live accounts for different traders

• User-friendly platform for trading and easy customisation options

• Lower commission and spread charges for all the traders

• Reliable educational material for each trader to enhance their trade

• 24/5 dedicated customer support for traders

• Up to 1:500 trading leverage to increase your profitability in the market

• Various deposit and withdrawal options to manage your funds

A few of the cons with the broker are described below:

• There are minimal trading assets, and the choice of markets

• The broker should provide more research materials to make trades

Is Blackbull Markets Scam: Regulations

Black Bull Group Limited is incorporated under the laws of New Zealand and registered under registration number 5463921. It is also registered with the Financial Services Provider Register under the number FSP403326.

Blackbull Markets is regulated and authorized by the New Zealand Financial Services Authority (FMA) and Financial Services Authority (FSA) of Seychelles. Therefore, the broker is well-regulated and traders can trust the broker for online trading.

The platform of the broker is secured with Secure Sockets Layer (SSL) for encryption of data. Along with this, other security measures are also used for the utmost security of the platform. It means your funds and data are in safe hands.

They are also offering 24/5 dedicated customer support for traders. It means in the whole trading week. You can avail of the support provided by the broker to resolve your issues.

Blackbull Markets: Trading Account Types

Blackbull Markets offers four different types of the trading account as per the need of a trader. You are free to choose the best trading account according to your requirements. The accounts are as follows:

Demo Account

The broker offers a free demo account for a period of 30 days. This account can help you learn the basics of trading, and you can learn how to use the broker’s platform. In this way, you can reduce your risk of losing money in the market.

You will get to trade in situations that are designed like real ones. A user can experience how a situation changes, and you can earn profits from those changes in financial markets. There is no minimum deposit requirement in this trading account. You get fake funds with the account.

ECN Standard Account

Traders who are at the beginning stage of their trading career should start trading with this account after they finish trading with the demo account. It is specially designed for beginner market players. You can save your trading cost by using this trading account.

The features, costs and benefits of trading with this account are mentioned below:

• Minimum deposit: $200

• Spreads: Starting from 0.08

• Maximum leverage: Up to 1:500

• Commission: Zero commission

ECN Prime Account

The ECN Prime Account is for retail traders who are a little bit ahead of beginners. Traders who want fast and straight processing should opt for this trading account. They get enhanced benefits and features with this trading account which are as follows:

• Minimum deposit: $2,000

• Spreads: Starting from 0.10

• Maximum leverage: Up to 1:500

• Commission: $6.00 R/T per lot

ECN Institutional Account

The ECN Institutional Accounts are for large traders of the market who are also the most active traders of the market. These traders need some extra benefits to make profits from their large trades. The benefits and trading features of the trading account are as follows:

• Minimum deposit: $20,000

• Spreads: Starting from 0.00

• Maximum leverage: Up to 1:500

• Commission: Negotiable

Islamic Account

It is a swap-free account that works on Islamic principles and financial laws. Traders can request this trading account from this multi-asset broker.

• Swap-free trading

• Up to 1:500 leverage

• Micro trading lots available

• Available in both standard and prime

• Access to all tradable instruments

Active Trader Account

Blackbull Markets offers an active trader account also that is for large investors of the market. The features of this account are as follows:

• VPS hosting services

• Segregated bank account for customers

• Advanced reporting to each trader

• Custom negotiable solutions/packages

• Dedicated account manager available 24/7

Blackbull Markets: Account Opening Process

Get a trading account with Blackbull Markets, the process is quite simple and quick as well. Traders can choose from a demo, standard, prime, or institutional account for trading. You have to follow this simple process to open your trading account. The process is:

• Visit the Blackbull Markets website of the broker and then click on the “Open Account” button in order to start the process.

• Choose from the four types of trading accounts that the broker offers to traders to trade in financial markets.

• Fill in your personal details such as your name, contact number, email address, and other similar kinds of information.

• Then you have to upload your documents to verify the information filled in the previous step of the process.

• Once your documents get verified by the broker, you can move on to the next step and complete the process.

• After verification, add a payment method and some funds to your trading account so that you can make trades.

• Now you are all set to start trading with the broker in the leading financial markets and with the best assets.

This is the complete process, and it does not consume more than a few minutes. You need to keep all your documents and other things ready to complete the process smoothly.

Blackbull Markets: Trading Platform

Traders can choose from different types of trading platforms. Blackbull Markets offers these below-listed trading platforms:

MetaTrader 4

• Desktop, web, and mobile trading platform that is available for free among all the traders
• Multiple order type and market watch window to keep an eye on your favourite assets
• Automated trading is available for large traders along with trading bots
• Various types of analysis tools and fast trade execution speed to book profits
• Quick account switching and 24/5 dedicated customer support to all traders

MetaTrader 5

• 20+ time frames to study the price chart of a particular trading asset
• More than 30 built-in technical indicators to find trading opportunities
• Traders also can hedge their trading positions with it
• Several types of drawing tools to understand the movement of the price of an asset
• Fast trade execution speed along with advanced trading orders for maximum profits

WebTrader

• Works with any of the web browsers and do not need any downloads
• Different types of orders can be placed to generate the maximum benefits
• Easy switching between from different devices and trading accounts
• Analysis tools to understand the market volatility and plan your trade
• Dedicated support to all the traders 24/5 and real-time price streaming

Mobile Trading App

• Free to download from the Google Play Store and the Apple App Store
• Complete access to the trading history of a trade with the mobile app
• Analytical tools and automated trading feature for all the traders
• Multiple order types in all the markets and live chat support to traders
• Real-time price streaming and many other trading features to earn profits

Blackbull Markets: Trading Instruments

Broker Blackbull Markets offers more than 350 CFD trading instruments to all the traders. The assets are from different financial markets or varieties, such as:

• Forex

• Indices

• Commodities

Traders can select the best and most profitable assets from these categories for trading. Use the trading features of the Blackbull Markets MetaTrader trading platform to generate profits from your trade.

This broker is also one of the top online trading portals for forex and CFD trading. Traders should study the market and then invest in any of the trading assets to earn profit. Study the market in-depth using the tools of the trading platform and then invest to earn maximum profits.

Make an entry in the market after proper investment advice, so you can eliminate the high risk of losing your money.

Blackbull Markets: Commission & Spreads

Blackbull Markets fees for trading with different types of assets is very nominal. It depends on the type of trading asset you are choosing for trade. The charges are as follows:

Commission

• Standard Account: Trading is commission-free with the standard account for all the traders.

• Prime Account: Commission is charged $6.00 R/T per lot from all the traders.

• Institutional Account: This account comes with negotiable commission charges.

Spreads

• Standard Account: Spreads start from 0.8 pips and can be more according to the asset.

• Prime Account: Spreads start from 0.1 pips and can be more according to the asset.

• Institutional Account: Spreads start from 0.0 pips and can be more according to the asset.

Swaps

Swaps charges also vary according to the trading account you own. Traders also have the option to have a swap-free trading account that is the Islamic trading account. If you want to save your swap charges, then you can request this account with the broker.

Blackbull Markets: Maximum Leverage

Blackbull Markets offers high trading leverage like all other forex brokers. Leverage means trading with extra or borrowed funds provided by brokers. It means extra benefits are offered on client funds to trade in the international markets.

Traders can use leverage in trading CFDs, currency pairs, or other assets available with the broker. You can increase your profits by trading with the use of leverage. The maximum leverage offered by the broker is 1:500 for trading in the open markets.

But there is also high risk in trading with the use of leverage. So, you need to be extra careful while using leverage. Do not take risks beyond your capacity; otherwise, you will lose your trading capital.

Therefore, save your trading capital and trade within the limits of the market. 

Blackbull Markets: Deposit and Withdrawal

Blackbull Markets support deposit and withdrawals in different ways. A trader can choose the most suitable ways for making a deposit and withdrawal from their trading account. The options available for traders are as follows:

• Bank transfer

• VISA

• Mastercard

• Skrill

• Neteller

• Union Pay

• Fasa Pay

These are the funding options available for each trader and you can choose the convenient option. The minimum deposit requirement with the broker is $200 for the standard account, $2,000 for the prime account and $20,000 for the institutional account.

Deposit to start trading with the broker as soon as possible. There is a fee of 3% if you deposit funds from any debit/credit card or via bank transfer. If you use eWallets then it is free from all the trading charges.

Blackbull Markets: Educational and Research Support

Blackbull Markets offers various types of educational and research material for trading. This can enhance your trading skills and your profits as well. The educational materials provided by the broker are as follows:

• Trading videos

• Trading guides

• Trading glossary

Along with this, there is a variety of research material also for all the traders. The research material includes:

• Market news

• Economic calendar

• Trading signals

Apart from these, there are more analytical and research tools provided by the broker. Traders can use them to make higher profits from the market and their trades.

Blackbull Markets: Customer Support

Blackbull Markets offers 24 hours a day and 5 days a week customer support to all the traders. In addition, traders can get support in multilingual via live chat, email, and telephone. This means you can resolve your trading issues as soon as possible with the broker.

The contact details of the broker are as follows:

• Phone: (+64) 9 558 5142

• Email: [email protected]

• Live Chat: Traders can access the live chat from all the trading platforms

• Address: BlackBull Markets, Level 22, 120 Albert Street, Auckland, 1010

Get a quick response from the broker and make your trades easy with the broker. Earn higher profits with forex trading and trading with other assets in the market.

The Bottom Line

Blackbull Market is one of the leading CFDs and forex brokers. Traders trading with this broker get many benefits and easy trading features to enhance their trades. The broker offers to trade on the globally recognised trading platform that is MetaTrader 4 and MetaTrader 5. Start with a demo account and then switch to a live trading account to earn profits from the market.

FAQs

What is the role of the New Zealand Financial Markets Authority (FMA)?

This is a government authority that is responsible for all financial actions. The role is to monitor all the transactions from all the online brokers and exchanges operating across the country. It can set new financial regulations if it is mandatory for the people and nation.

Why do retail investor accounts lose money?

Traders use high leverage while forex and CFD trading, and due to lack of trading knowledge and experience, they lose money. On the other hand, trading CFDs is a difficult task and performed mainly by the most experienced traders.

Traders can also use the educational and research material with the broker for trading forex or CFDs. Use proper trading strategies and keep your trades within affordable limits. Stop losing money rapidly with direct market trading and use a demo account for practice.

Do Blackbull Markets allow trading stocks?

The broker is a CFD and forex broker, and traders cannot trade stocks with this broker. However, you get other options in place of stocks, such as commodities and indices. Therefore, you can choose from them for trading in the international markets.

The deposit method of the YaMarkets is via Bank Wire, VISA, MasterCard, AstroPay, Bitcoin, Local Bank Deposits, Local Exchangers, PayPal, PerfectMoney, etc. The headquarters of the YaMarkets is located at Suite 305, Griffith Corporate Centre, Kingstown P.O. Box 1510, Beachmont Kingstown St. Vincent and the Grenadines.

The brokerage firm offers customer support service to the investors which is helpful for the traders to solve their problems regarding trading in the market. It is one of the best online brokers in the market which provides the best services and functions to investors.

Is YaMarkets Scam: Regulations

It is the legit broker in the market regulated and sanctioned by the Vanuatu Financial Services Commission (VFSC). The investor’s money is completely secure and safe with YaMartkets because the broker will use the upgraded technology for trading.

Before starting trading with YaMarkets the traders need to deposit the initial amount of $10. After that, the brokerage firm doesn’t charge any commission on all the trading accounts except ECN. The withdrawal process of the YaMarkets is very simple; a trader only needs to submit a withdrawal request then the broker initiates a request within the working hours.

The broker offers the maximum leverage of 1:1000 to the professional investors of YaMarkets.

YaMarkets Trading Account Types

The brokerage firm offers four types of trading accounts, and each account has some advanced level of features and functions which is grateful for the investors.

Ultimate Trading Account

• To start trading with YaMarkets the minimum deposit is required $10.
• Minimum trading volume 0.01
• The broker offers a Swap-free Account.
• In the Ultimate trading account, the Spread starts from 1.8 pips.
• The broker doesn’t charge any commission while trading in the ultimate reading account.
• The maximum leverage offered by the broker is 1:500.
• The Account Currency type is USD.
• The trader has a Margin call of 70%.
• A trader has a Stop Out option of 50%.
• Instant Execution.

Standard Trading Account

• Before starting trading with YaMarkets, the minimum deposit required is $500.
• Minimum trading volume 0.01
• The broker offers a Swap-free Account.
• In the Ultimate trading account, the Spread starts from 1.5 pips.
• The broker doesn’t charge any commission while trading in the ultimate reading account.
• The maximum leverage offered by the broker is 1:500.
• The Account Currency type is USD.
• The trader has a Margin call of 70%.
• A trader has a Stop Out option of 50%.
• Instant Execution.

Royale Trading Account

• The minimum deposit is $2500 to start trading with YaMarkets.
• Minimum trading volume 0.01
• The broker offers a Swap-free Account.
• In the Ultimate trading account, the Spread starts from 1.0 pips.
• The broker doesn’t charge any commission while trading in the ultimate reading account.
• The maximum leverage offered by the broker is 1:300.
• The Account Currency type is USD.
• The trader has a Margin call of 70%.
• A trader has a Stop Out option of 50%.
• Instant Execution.

ECN Trading Account

• The minimum deposit is $5000 to start trading with YaMarkets.
• Minimum trading volume 0.10
• The broker offers a Swap-free Account.
• In the ECN trading account, the Spread starts from0.1 pips.
• The broker doesn’t charge any commission while trading in the ECN trading account.
• The maximum leverage offered by the broker is 1:200.
• The Account Currency type is USD.
• The trader has a Margin call of 70%.
• A trader has a Stop Out option of 50%.
• Instant Execution.

YaMarkets Account Opening

It is one of the best online brokers in the market. However, to start trading with YaMarkets, a trader needs to follow a few essential steps.

• In the beginning, a trader needs to apply online on the official website of Yamarket then fill the application form in which they put the necessary details such as name, age, address, country, etc.
• Then the trader gives the answers to the questionnaire, which is related to the trading plans and goals.
• It is one of the most important steps in which an investor needs to verify their trading account with the help of a government ID card because it takes some time to verify their trading account.
• In the end, deposit the initial amount of money and start trading with YaMarkets.

YaMarkets Trading Platform

YaMarkets offers two types of the trading account as MetaTrader 4 and MetaTrader 5. Every trading platform has some unique functions which are beneficial for the investors.

MetaTrader 4 Trading platform

It is the best trading platform because it is easy to handle and controlled by investors. In addition, MetaTrader 4 platform has all the features which are essential to predict the future market of the assets.

What are the main features of the MetaTrader 4 trading platform?

• The brokerage firm offers tradable assets such as forex, cryptocurrency, Indices, Metals, Indices, etc.
• The platform supports various types of languages.
• MetaTrader 4 platform has all tools and indicators which are essential to trade.
• Offers a variety of charts for trading.

MetaTrader 5 Trading platform

It is the advanced level of the trading platform in the market because if we compare both the trading platforms, then MetaTrader 5 has more variety of tools and indicators for trading.

What are the main features of the MetaTrader 5 trading platform?

• A trader can trade on a variety of CFDs assets.
• The platform supports VPS.
• It has some superior charting systems.
• A trader gets access to the market news and data.
• The broker offers educational material which is helpful to get information about the market.

YaMarkets Trading Instruments

The brokerage firms offer CFDs instruments for trading. Therefore, a trader can earn a higher profit with YaMarkets.

Forex

• Spreads from 0.0 pips.
• Access to 60+ Currency Pairs.
• 0.20s Average execution speed.
• All trading strategies enabled.
• Leverage up to 1:500

Cryptocurrency

• Invest in CFDs on 26 Cryptocurrencies.
• Trade at any time convenient for you.
• Start your trading with just 10USD.
• Invest via modern platforms.

YaMarkets Commission & Spreads

• The brokerage company doesn’t charge any commission while trading.
• Only the ECN trading account holder pays the commission on trading.
• The Spread is fluctuating within a second.
• The broker charges the inactivity fee if an investor is inactive in the market.

YaMarkets Leverage

The brokerage firms offer a maximum leverage of 1:1000 to the professional investors and 1:30 to the retail investors.

YaMarkets Deposit and Withdrawal

• A trader can deposit an unlimited amount of money into the trading account for trading.
• The broker doesn’t charge any commission while depositing the money.
• The payment option of the YaMarkets is via Bank Wire, VISA, MasterCard, AstroPay, Bitcoin, Local Bank Deposits, Local Exchangers, PayPal, PerfectMoney, Skrill, VoguePay.
• The broker charges the withdrawal fee from the traders if the trader withdraws a large amount of money.

YaMarkets Educational and Research Support

The brokerage firm offers a wide variety of educational and research material for investors. It is helpful for the investor to gain knowledge about the market and predict the future situations of the asset.

A trader understands the market properly then practices on the demo account first and selects the best trading strategy for trading which is used in the real trading account.

Here is the list of Educational and Research support:

• Calculator
• Educational Video
• Economic Calendar
• Daily Trading Signals

YaMarkets Customer Support

The broker provides customer support service for solving problems. The employees of YaMarkets have good experience to solve the investor problem. If the problem is not solved by customer support, it will be transferred to the higher executive.

Address: Suite 305, Griffith Corporate Centre, Kingstown P.O. Box 1510, Beachmont Kingstown St. Vincent and the Grenadines.

Email: [email protected]

Phone number: +357 22030234

Final Verdict

YaMarkets is authorised and approved by the Vanuatu Financial Services Commission (VFSC). The investor of this firm is giving positive feedback towards the broker. This is the only broker in the market which provides the best trading tools and indicators.

Why Trade with YaMarkets?

• VFSC regulates it.
• A trader can trade 80+ CFDs assets.
• The brokerage company offers a demo account for the investors.
• The broker provides a customer support service to traders.
• Provide a variety of tools and indicators.