BLACKBULLMARKETS.com Short Review
BlackBullMarkets is an STP broker domiciled in New Zealand. Founded in 2014, the broker provides tight spreads, various versions of MT4, trading API, scalping, and automated trading. There is also a free VPS under policy and special services for institutional investors.
Here is the BLACKBULLMARKETS review & rating summary
◙ BLACKBULLMARKETS REVIEW
|
BLACKBULLMARKETS.com BASIC FACTS |
||
|
STP FOREX BROKER |
BLACKBULLMARKETS.com TRADING INFO |
|
|
◘ Asset Index |
■ BLACKBULLMARKETS offer 27 Forex Currency Pairs, Cryptocurrencies, Metals, Energies, and Equities |
The Forex asset index is relatively wide, including also CFDs and Cryptocurrencies |
|
◘ BLACKBULLMARKETS Typical Spreads / Trading Commissions |
ECN PRIME ACCOUNT
■ EURUSD typical spread is 0.5 pip ■ GBPUSD typical spread is 0.7 pip ■ USDJPY typical spread is 0.7 pip |
BlackBullMarkets uses no dealing-desk (NDD) and the trading spreads are tight. The tested account type is the ECN Prime which requires $2,000 |
|
◘ Trading Leverage |
■ BLACKBULLMARKETS offers Leverage up to 1:30 |
High trading leverage, for all account types |
|
Lot Size |
■ The minimum lot size is 0.01 |
The micro-lot (0.01) is very useful for beginners |
|
◘ Automated Trading / Scalping |
■ Automated Trading is allowed by BLACKBULLMARKETS, -YES- ■ Scalping is fully allowed by BLACKBULLMARKETS -YES- |
You can use automated trading, hedging, and scalping. All are fully allowed -Plus, there is the option for API Trading -There is also a free VPS, certain conditions |
|
◘ BLACKBULLMARKETS Platforms |
■ BLACKBULLMARKETS offers: MetaTrader4, MT4 Web Trader |
The classic MT4 platform, along with a web trader for online trading. There are also mobile traders for iOs and Android |
|
◘ BLACKBULLMARKETS Typical Slippage (EURUSD) |
■ BLACKBULLMARKETS Slippage is measured less than 1.5 pip |
1.5 pip slippage on order execution (estimation) |
|
BLACKBULLMARKETS The Company |
BLACKBULLMARKETS COMPANY INFO |
|
|
◘ Foundation |
■ BLACKBULLMARKETS was founded in 2014 |
BlackBullMarkets is owned by Black Bull Group Limited |
|
◘ Headquarters |
■ BLACKBULLMARKETS headquarters are in New Zealand |
Headquarters Address: Level 22 120, Albert Street Auckland 1010 New Zealand |
|
◘ Regulation |
■ BLACKBULLMARKETS is registered with FSRP (NZ) |
BlackBullMarkets is registered with the Financial Services Provider Registry (FSPR-FSP403326) |
|
BLACKBULLMARKETS Accounts |
BLACKBULLMARKETS ACCOUNT INFO |
|
|
◘ Account Currencies |
EURO | USD | GBP |
Open an account in Euro, USD, USD, GBP, CAD, AUD, NZD |
|
◘ Deposit Money |
Credit/Debit Cards, Bank Wire, Skrill, Neteller, Fasapay, and UnionPay |
A good variety of funding methods |
|
◘ Withdraw Money |
Credit/Debit Cards, Bank Wire, Skrill, Neteller, Fasapay, and UnionPay |
The same methods to withdraw your initial deposited funds, but as concerns your profits you can withdraw them only via Bank Wire |
|
◘ US Residents |
■ BLACKBULLMARKETS forbids US Residents as Clients -NO- |
Traders coming from the US can't trade with BlackBullMarkets |
|
◘ Minimum Deposit |
■ The minimum Deposit at BLACKBULLMARKETS is 200 USD |
$200 minimum account requirements, which is ok for semi-advanced traders and above The ECN Prime account requires a $2,000 minimum deposit |
|
◘ Promotions |
■ BLACKBULLMARKETS offers no welcome bonus or other similar promotions |
BlackBullMarkets offers no Bonus or Rebate. But there is a free VPS for Prime accounts and traders holding a balance over $2,000 |
◙ BLACKBULLMARKETS Rating
Rating BLACKBULLMARKETS using the Rating Brokers Formula v.5
|
BLACKBULLMARKETS RATING ANALYSIS |
RATING |
| (%) | |
| 1. BLACKBULLMARKETS Reliability Analysis | 60.60 |
| 2. BLACKBULLMARKETS Competition Analysis | 68.80 |
| 3. BLACKBULLMARKETS Trading Options | 64.30 |
| 4. BLACKBULLMARKETS Technological Analysis | 100.00 |
| BLACKBULLMARKETS Overall Rating | 70.22% |
■ BLACKBULLMARKETS.COM Review (c)
CurrenciesFx.com
> FIND MORE
□ INFORMATION
» Compare ECN/STP Brokers
» Selecting a Forex Broker
» Basics of a Trading Account
□ REVIEWS
» IC Markets
» RoboForex