BlackBull Markets, located in New Zealand, provides a robust trading environment with access to a variety of platforms and instruments. While it has made considerable advances in its offerings, it still needs to improve in areas such as educational content and regulatory scope.
Rating: 4/5 Stars
Minimum Deposit: $0
Trust Score: 78
Number of Tradeable Symbols: 26,000
Pros:
- Fully regulated in New Zealand.
- Supports MetaTrader 4 and 5.
- Offers third-party tools including Autochartist.
- New BlackBull Shares platform features over 26,000 symbols.
- Compatible with several copy trading platforms.
- TradingView integration enhances charting capabilities.
- Recent investment bolsters its market presence.
Cons:
- Limited Tier-1 regulatory licenses.
- Seychelles regulation offers minimal protection.
- Educational resources are not as extensive as top brokers.
- Average fees and commissions.
Account Types:
- Standard Account: Higher spreads with no commission.
- Prime Account: Lower spreads with a $6 round-turn commission and a $2,000 minimum deposit.
- ECN Institutional Account: Lower commissions with a $20,000 minimum deposit.
Platforms Available:
- MetaTrader 4 and 5, TradingView, cTrader, BlackBull Trader.
Market Research and Education:
- Daily updates and market insights available.
- Educational resources are growing but could be more comprehensive.
Final Thoughts:
While BlackBull Markets has improved significantly, especially with its platform offerings, there remains room for growth in its educational and regulatory areas.
