Broker research profile

BlackBull Markets

50
40
30
20
10
Our rating
4.6 / 5
Operating since
2014

ECN Standard, Prime and Prime+ distinguish spread pricing, commission and rebates.

BlackBull MarketsForex
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Broker details

ECN Standard, Prime and Prime+ distinguish spread pricing, commission and rebates.

Choosing an account: ECN Standard / ECN Prime / Prime+

Platforms in practice: MT4 / MT5 / cTrader / TradingView

Customer support
Good

24/7

Beginner usability
Medium
Interface quality
Medium
Operating since
2014
Headquarters
Auckland
Group headquarters country
New Zealand
Minimum deposit

No fixed account minimum

  • 0 USD · Standard / Prime / Prime+
  • 50 USD · Debit / credit cardMethod minimum
  • 25 USD · CryptoMethod minimum
  • 1 USD · Bank transferMethod minimum

Platforms

MetaTrader 4MetaTrader 5cTraderTradingView

Choosing an account

ECN Standard / ECN Prime / Prime+

Choosing an accountMinimum depositApplies to
Standard / Prime / Prime+0 USD—

Compare spread plus commission for the same account and platform; a lower spread alone is not a lower total cost.

Account types

  • Standard
  • Prime
  • Prime+

Islamic / swap-free

Available, subject to terms

  • Swap-free accounts are available in selected markets; administration fees apply.

Platforms in practice

MT4 / MT5 / cTrader / TradingView

Desktop MetaTrader supports Expert Advisors; mobile and browser tools are not equivalent automation environments.

Costs

Standard

Advertised minimum · Spread
0.8 pips
Commission
0 USD / lot · per side

Prime

Advertised minimum · Spread
0 pips
Commission
3 USD / lot · per side

Prime+

Advertised minimum · Spread
0 pips
Commission
3 USD / lot · per side

Advertised minimum spreads are not average or live spreads.

Other costs and conditions

Compare spread plus commission for the same account and platform; a lower spread alone is not a lower total cost.

BlackBull Markets · Other costs and conditions
Inactivity / administrationNot confirmed
Currency conversionNot confirmed
Deposit / withdrawal chargesNot confirmed
Overnight / holding costsVariable; depends on instrument and holding period.
Platform / data / custodyNot confirmed

Opening and funding

Apply with the broker, complete its identity checks, then select account, currency and payment method. Opening and payment minimums are separate.

Broker processing is distinct from bank or blockchain settlement. No universal arrival time is confirmed.

Account entity and protection

The contracting company determines applicable safeguards. Group licences are not interchangeable; the onboarding entity is not confirmed here.

Segregation, negative-balance protection and compensation eligibility have not been confirmed for every account entity.

Questions about BlackBull Markets

How do ECN Standard / ECN Prime / Prime+ differ at BlackBull Markets?

Standard / Prime / Prime+: 0 USD Compare spread plus commission for the same account and platform; a lower spread alone is not a lower total cost.

Can I use MT4 / MT5 / cTrader / TradingView with BlackBull Markets?

MT4 / MT5 / cTrader / TradingView. Desktop MetaTrader supports Expert Advisors; mobile and browser tools are not equivalent automation environments.

Instruments and assets

Product comparedForex
Instrument typeCFDs
ForexIndicesMetalsEnergyCommoditiesShare CFDsCrypto

Leverage

Leverage depends on entity, instrument and account.

Forex

Up to 1:500

Standard / Prime / Prime+ · BBG Limited

The practical details.

Terms vary by legal entity, account and payment method.

Deposits

USDTCryptoDebit / credit cardApple PayGoogle PaySkrillNetellerBank transferSEPAUnionPayFasaPay

Deposit processing

  • USDT · Processing time: Subject to internal checks
  • Crypto · Processing time: Subject to internal checks
  • Debit / credit card · Processing time: Subject to internal checks
  • Apple Pay · Processing time: Subject to internal checks
  • Google Pay · Processing time: Subject to internal checks
  • Skrill · Processing time: Subject to internal checks
  • Neteller · Processing time: Subject to internal checks
  • SEPA · Processing time: Subject to internal checks
  • Bank transfer · Processing time: 1–3 business days

Withdrawals

USDTCryptoDebit / credit cardApple PayGoogle PaySkrillNetellerBank transferSEPAUnionPayFasaPay

Withdrawal processing

  • USDT · Processing time: 1–2 business days
  • Crypto · Processing time: 1–2 business days
  • Debit / credit card · Processing time: Subject to internal checks
  • Apple Pay · Processing time: Subject to internal checks
  • Google Pay · Processing time: Subject to internal checks
  • Skrill · Processing time: Subject to internal checks
  • Neteller · Processing time: Subject to internal checks
  • SEPA · Processing time: Subject to internal checks
  • Bank transfer · Processing time: 1–3 business days
  • UnionPay · Processing time: Up to 24 hours

Restricted countries

United StatesCanada

User reviews

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Jurisdiction and licences

BBG Limited

Jurisdiction
SC
Regulator
FSA
Licence or registration
SD045Financial licence
  • Separate legal entity; permissions do not cover every group account.

Black Bull Group Limited

Jurisdiction
NZ
Regulator
FSPR
Licence or registration
403326Registration
  • Company registration only.

BlackBull Trade Limited

Jurisdiction
NZ
Regulator
FSPR
Licence or registration
1002113Registration
  • Company registration only.