Blackbull Markets Review Updated year : Pros & Cons Revealed
The fee for withdrawing money from your BlackBull Markets account is the same, regardless of whether you take out $100 or $20,000 from your BlackBull Markets account. Additional recommended security measures include solid and varied passwords, 2FA and using firewalls and antivirus software to protect your devices. BlackBull Markets will not share or sell your data to a third party without your consent except to comply with judicial orders. You can review the Privacy Policy and Compliance Requirements to understand how the company manages your data and your individual responsibilities. You can trade CFDs in 27 commodities, such as energies (Brent crude, WTI and natural gas), precious metals (gold, silver and copper) and cash crops (soybeans, corn, cotton and coffee).
For instance, the ECN Standard account is commission-free and requires zero minimum. As an ECN broker, BlackBull Markets offers significant cost savings via near-instant trade execution. The table below shows how the pricing structure and other parameters compare for each account type. The cTrader is another popular, sophisticated and feature-rich platform that provides traders with a fantastic and hassle-free trading experience.
Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. BlackBull Markets’ overall educational offering has made good progress recently with an expanded number of articles that are organized by category, yet still has long way to go to catch up to the best forex brokers for beginners. For example, the addition of quizzes and progress tracking features could help BlackBull further improve its educational offering for retail traders. Withdrawing of money will cost you 5 base currency, 5$ if your base account currency is in US$. The average spread figures for BlackBull Markets are derived through a monthly comparison of published fee data and real-time testing on live accounts.
BlackBull Markets Inactivity Fee
Traders have access to customer support 24/7 via live chat, which I find the most convenient form to connect. A phone number, including a toll-free for New Zealand, and nine e-mail addresses are also listed, one with support in Chinese. I appreciate the transparency at BlackBull Markets, as fully detailed contact information is provided. An experienced media professional, John has xcritical scammers close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets.
Can you trade crypto with BlackBull Markets?
- Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.
- Traders may only withdraw their deposit to credit/debit cards and the rest to any of the six available payment processors.
- TradingView is the #1 charting and analytical platform used by 50+ million traders worldwide.
- BlackBull Markets is a Forex broker that gives you a wide range of instruments to trade besides Forex.
BlackBull Markets delivers a fantastic trading experience that benefits beginners and seasoned traders. Its 26,000 tradable instruments across multiple asset classes make it easy to find an asset that suits your trading style or preferences. BlackBull Markets provides high-quality articles and daily news that shed light on xcritical global market trends and those of New Zealand, the U.S. and more. Through its Economic Calendar, the broker provides information on scheduled global economic events and releases that can impact financial markets. This can help you to make informed decisions based on upcoming economic data.
Minimum Investment and Pricing
BlackBull Markets has amassed a clientele of more than 10,000 users across the globe. BlackBull Markets ensure that your money is safe because they are regulated by the most authoritative authorities in the industry including FCA. At some point your will want to withdraw your trading profits from your BlackBull Markets account. BlackBull Markets will provide a number of withdrawal methods that are usually processed in 1 to 10 days by BlackBull Markets.
If you have been trading on the BlackBull Markets platform and would now like to withdraw your cryptocurrency, you can do so by moving it from the BlackBull Markets platform to an external wallet. If you have been trading on the BlackBull Markets platform and would like to withdraw your cryptocurrency, BlackBull Markets will allow you to do so. As long as you have a verified BlackBull Markets account, you are able to submit a request for a BlackBull Markets withdrawal. On your BlackBull Markets account dashboard, the box next to your username ought to be checked. Log in to BlackBull Markets to check if your account has already been validated and to see if you have any pending account verification documents that BlackBull Markets still requires.
The program offers incentivized bonuses and payments of up to $250 for any client who signs up on the platform, deposits funds and starts trading through your affiliate link. Like all referrals, BlackBull Markets designed its affiliate program to meet innovative marketing needs. For instance, it offers affiliate partners personal support and tools for tracking their affiliate business growth. Additionally, partners benefit from the guidance of a Personal Affiliate Manager with years of industry experience. Since BlackBull Markets is a FinTech company, I would like to see a proprietary solution. MT4 remains the leader xcritical scammers in algorithmic trading, but MT4 and MT5 support it, and both have a built-in copy-trading system.
You can use TradingView to trade, but the best of all is that you are eligible to have a Premium TradingView plan for free. The BlackBull Markets leverage varies according to the product that you are trading. You will be able to see the status of your BlackBull Markets transaction, and if it says “Under Review,” you are free to go ahead with the cancellation of the BlackBull Markets withdrawal.
Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004. Justin has published over 100 finance articles from Forbes, Kiplinger to Finance Magnates. He has a Masters and Commerce degree and has an active role in the fintech community. For a detailed understanding of our methodology and the criteria we use in our broker evaluations, please visit Our Methodology page.
What would happen if you submitted a BlackBull Markets withdrawal request but then changed your mind and decided to revoke and cancel your BlackBull Markets withdrawal request? You still have the option to reverse your BlackBull Markets withdrawal provided that it has not yet begun. You can check the status of your BlackBull Markets withdrawal at any time by accessing the withdrawal history section of your BlackBull Markets account through the 2 factor login.
You can join upcoming webinars or watch past ones for additional trading insights. BlackBull Markets offers the full MetaTrader suite, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5) for desktop and web, and BlackBull Markets’ own BlackBull Shares platform (powered by Interactive Brokers’ TWS platform). Also available is TradingView, a popular trading platform that delivers a range of powerful charting functions and robust analysis tools. More recently, BlackBull further expanded its platform offering with the addition of its web-based BlackBull Trade platform powered by DXTrade. Along with its advanced and quite competitive trading offering as we discover in our review, BlackBull also supports educational resources suitable for traders of different levels.
Therefore, the total trading cost for the ECN Prime account is 0.7 pips ( 0.6 +0.1) compared to 0.8 for the ECN Standard option. The $1 price difference translates to thousands in additional annual profit under similar conditions and trading strategies, particularly for high-volume and high-frequency traders. It is ideal for expert multi-asset traders seeking a more powerful trading technology. It boasts 44 analytical charting tools, 21 timeframes and 38+ preinstalled technical indicators.