Its seems like the login problem isn’t the problem right now,Right now I have found out other problems on blackbull1. Reasonable trading fees. Was a great experience overall and Ryan was super chill guy to t…
Deposit Options and Fees
He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. We also evaluate the overall design of the mobile experience, and look for a fluid user experience moving between mobile and desktop platforms. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. BlackBull Markets is a maturing broker that has been in operation for nearly a decade and has made great strides over the last two years toward improving its value proposition to traders and investors. BlackBull Markets’ overall educational offering has made good progress recently with an expanded number of articles that are organized by category, yet it still has long way to go to catch up to the best forex brokers for beginners.
- 61%/74% of retail investor accounts lose money when trading CFDs with this provider.
- Depositing into my BlackBull Markets account was lightning fast – the entire process took less than 3 minutes.
- Spreads are taken from each broker’s website and updated monthly.
- Great service and the sign up process was easy.
- This dual regulation adds a layer of trust and security for traders.
Table of Contents
- Led by Steven Hatzakis, Global Director of Online Broker Research, the ForexBrokers.com research team collects and audits data across more than 100 variables.
- BlackBull Markets’ monthly trading volume reportedly exceeds $22 billion, suggesting a substantial operational scale despite its mid-range positioning in search and traffic metrics.
- Customer service is outstanding!
- The lower commission fee of the ECN Institutional account is particularly attractive for reducing trading costs however this account type may not be accessible to all traders.
My team created a trading platform selector so you can work out what software best matches your trading needs. Blackbull Markets has some of the most competitive fees for their ECN accounts but these require a high deposit compared to other brokers. This is a swap-free account designed for Islamic traders who are prohibited from paying or receiving interest. This process ensures an accurate and up-to-date analysis of brokers’ spreads.
For market orders, their speed was 90 milliseconds, 36.2% quicker than the industry average of 141 milliseconds. They achieved an average limit order speed of 72 milliseconds, which is 44.6% faster than the industry average of 130 milliseconds. These tools collectively offer BlackBull Markets’ clients a range of options to automate, analyse, and optimise their trading activities. They maintain the core functionalities of their desktop counterparts, such as advanced charting, analytical tools, social networking, and copy trading. Available for both iOS and Android devices, these apps offer the flexibility to trade and manage investments from anywhere.
BlackBull Markets: recensioni TrustPilot
Additionally, BlackBull charges a flat $5 withdrawal fee regardless of the funding method, which is uncommon among brokers. Our broker reviews are reader supported and we may receive payment when you click on a partner site. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).
This dual regulation adds a layer of trust and security for traders. If you’re a scalper, day trader, or someone who hates platform bloat, this is your jam. For these reasons, BlackBull Markets gets an overall final score of 94/100, which easily places them in my top 3 brokers reviewed. The material leans beginner-to-intermediate, perfect for newbies or casual traders looking to sharpen their skills. Their support agent “Jonathan” was very fast in answering my rather complex questions, such as withdrawal times and account currencies, which left me pleasantly surprised.
MetaTrader 5 (MT
As shown in the table below, these commission rates are lower than the industry average, with brokers charging around $3.44 USD. The Prime account is intended for retail traders, while the Institutional account, as the name suggests, is designed for institutions or companies. The ECN Prime account requires a minimum deposit of $2,000, which may be a barrier for beginners (new traders can use the ECN Standard account with a $0 deposit). Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time.
Sofia helped me quickly for my…
Blackbull Markets is one of the fastest-growing forex brokers attracting professional traders and those using automation. You can view the highest leverage forex brokers to see how the broker compares to other providers with high margin trading. BlackBull isn’t perfect, but it’s a powerhouse for forex and CFD traders who prioritise speed, trust, and no-nonsense support.
MetaTrader (MT4 – MT
Great customer support (Thank you Louise for being so quick and helpful to respond) No problems withdrawing, no latency when tradi… The XAUUSD spread on ECN is little bit high compare to other brokers, Blackbu… Blackbull markets is one of the best reliable and trusted broker ….I recommend it to anyone willing to start his trading journey.
This reduction is vital for strategies like scalping and automated trading, as it minimises slippage risks and ensures accurate trade execution. BlackBull Markets trading experience is further enhanced by their use of Virtual Private Servers (VPS) in partnership with BeeksFX and BeekFX, reducing trading latency by up to 30%. This places BlackBull Markets at the forefront in terms of execution speed compared to other brokers. In our 2025 testing, BlackBull Markets not only outperformed industry standards but also emerged as the blackbull markets review broker with the fastest execution speed among all those tested.
Trading Fees
I especially liked that they let you pick your trading platform (MT4, MT5, or their own WebTrader) right during signup, which saved me time later. BlackBull Markets offers a total of eleven base currencies for you to pick from when creating your account. Even though you need $0 to open your standard account with the broker, you will need $2,000 to open a Prime account and a further $20,000 to access an Institutional account. However, compared to other brokers, they lack the more thorough regulatory oversight from more entities. BlackBull Markets has excellent online reviews, and they are getting an uptick in new traders every month, which is great to see.
By bar the best platform on resolving issues, and there agent Louise is doing a great work, thank you! Sydney helped me solve it via chat in few minutes..great service I have being using blackbull since 3 months and very satisfied with it..I had a small withdrawal to be reviewed.
Traders living in Malaysia will automatically be assigned an account that meets Sharia Law and Islamic Finance practices. Provided you can prove you are of Islamic faith, you will be able to use this pricing structure with any of the Standard, Prime, or Institutional account types. 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 charges competitive commission fees, ECN Prime Account holders pay $3.00 per side per 100k traded, while ECN Institutional Account holders pay $2.00. Spreads are taken from each broker’s website and updated monthly.
An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. The broker has been fully authorized by the Financial Markets Authority (FMA) in New Zealand since 2020, and registered on the Financial Services Provider Register (FSPR) since the end of 2014. There is a very high degree of risk involved in trading securities.
Deposit and Withdrawal
Steven Hatzakis is a well-known finance writer, with 25+ years of experience in the foreign exchange and financial markets. The minimum deposit at BlackBull Markets depends on the account type you choose. We’d love to see the broker acquire more regulatory licenses in Tier-1 jurisdictions, which would improve its Trust Score. The BlackBull Markets podcast library, featuring introductory trading insights and strategies. This Education Hub has recently been expanded with dozens of new themed articles which are organized by experience level. However, while BlackBull has stepped up its video production, many of the videos are tutorial-like and only cover basic topics such as how to use its platform.
The table below compares the two different speed measurements Ross collected against the average of the other 35 forex brokers. BlackBull Markets ensures seamless trading on the move with mobile apps for all its platforms, including MetaTrader 4, MetaTrader 5, and cTrader. From my experience, it’s an excellent choice for traders who value customisable tools and community-driven insights. In my opinion, MT5 is a powerhouse for traders needing advanced analysis tools and multi-asset support. If you are the kind of trader who appreciates a detailed and flexible trading system, then MT5 is your go-to platform. If you’re the type of trader who values reliable, no-frills trading with a focus on technical analysis, MT4 on BlackBull Markets is an excellent platform to consider.
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). For our top picks among trading apps, read our guide to the best forex trading apps. Trading costs at BlackBull Markets are about average for the industry and will vary depending on which of its three account types you choose. Use our country selector tool to view available brokers in your country. 74-89% of retail investor accounts lose money when trading CFDs with this provider.