Black Bull Group UK Limited, Black Bull Group Limited
Founded in 2014
Online since 2014
New Zealand Financial Markets Authority
In the competitive field of online trading brokers, BlackBull Markets stands out as a strong contender. This New Zealand-based broker, under the corporate umbrella of Black Bull Group UK Limited and Black Bull Group Limited, has staked its claim in the sector since its inception in 2014. This review will delve into the intricacies of BlackBull Markets, assess its features and compare the broker to its contemporaries.
Before you invest your hard-earned money in any brokerage platform, it's important to know what you are getting into - and that's where this review comes in.
First, let's talk about requirement basics - minimums. BlackBull Markets sets a relatively low bar, appealing to new traders with a minimum account size that stands at only $50. This makes it a great place to start for those who want to dabble in trading without investing a large sum upfront. The minimum position size is just 0.01, keeping the trading stakes manageable.
BlackBull Markets enjoys a solid industry average rating. It’s also subject to rigorous regulation, upholding industry standards for reliability and transparency. The broker, however, is not open to US traders. This might disappoint some, but the platform largely caters to the forex market, where most of the nations it operates are based.
More advanced traders know that the devil is in the details - the details, in this case, being the broker's spreads. Lower spreads mean lower trading costs, and BlackBull Markets delivers impressively in this department. The competitive spreads they offer contribute to their overall favourable impression and enhance their attractiveness to a broad range of investors.
One particularly compelling aspect of BlackBull Markets is the array of features it has on offer. Free education is an appealing feature, providing a valuable resource for all users, especially for those who want to deepen their understanding of the trading sphere. The broker also offers managed accounts, MAM, PAMM, and allows for segregated accounts. The availability of a personal manager and the VPS feature round out the generous list of what BlackBull Markets offers.
The Broker provides ample leverage, but the maximum leverage details aren't disclosed. As always, it's important to remember that while leverage can increase potential returns, it also multiplies the potential losses.
In conclusion, BlackBull Markets impresses with a combination of attractive features, educational resources and a strategic positioning that seeks to appeal to both beginner and expert traders. The low-spreading, and the low-maintenance requirements make it a broker worth considering. No broker is perfect, and while BlackBull Markets' reach stops short of the US, it is a solid option for traders in other part of the globe.
BlackBull Markets has been great. I appreciate their quick withdrawal process and their transparent pricing. Few issues with slippage but overall, an enjoyable experience.
LukeM
London, UK
BlackBull Markets has an easy-to-use platform and quick withdrawals. Very minor glitches but overall, an enjoyable experience.
SamanthaJ
Toronto, Canada