Withdrawals

As an ECN broker, one of the advantages is that Backbull Markets only matches trades between other market participants but has no financial interest in the outcome of your trades. First of all, we have to mention that everyone can create a free demo account with BlackBull Markets to test the trading service. It is a free virtual limefx account where you get real data from the markets. Also, there are two other account types that we will present to you in the next section. As a team with more than nine years of experience in forex trading, we tested this broker in detail. In the following review, you will get the best information about the trading platform.

• The company also offers a range of educational resources, including webinars, eBooks, and video tutorials, to assist its clients in making informed trading decisions.
• BeeksFX is a BlackBull Markets affiliate that supplies Virtual Private Server (VPS) trading NYC servers.
• With Negative balance protection, traders cannot lose more money than they have deposited.

The broker is regulated by the New Zealand FMA, a tier 2 regulator with strict rules. The broker is also licensed by The Seychelles Financial Services Authority (FSA). We use dedicated people and clever technology to safeguard our platform.

Fraud platform. Unable to withdraw

Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. BlackBull Markets’ trading platforms are world-renowned, user-friendly, and highly customizable, providing traders with a comprehensive range of tools and features to make informed trading decisions. The company’s level of customer service is exceptional, with a dedicated support team available 24/7, a Personal Relationship Manager program, and a mobile app for trading on-the-go. BlackBull Markets’ Trustpilot reviews demonstrate that the company is worth considering for online traders.

The features on the web-based platform are the same as for mobile; user-friendly, a good selection of indicators, timeframes, chart setups, and market analysis. The platform is user-friendly, has a nice look and feel, and comes with a lot of indicators, numerous timeframes, a number of chart setups, and market analysis. Also available is a selection of tools for comprehensive price analysis, trading robots, expert advisors, and copy trading. Blackbull Trade is, however, only available for download on Android devices. The choice of financial assets offered by BlackBull Markets is extensive compared to other similar brokers, with a range + instruments. Overall, although the FSA’s regulatory oversight is weak compared to other brokers, BlackBull Markets is regulated by top-tier regulator, the FMA, and has a track record of responsible behaviour.

If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. You should take the security of your personal information seriously and check SSL encryption is enabled on the BlackBull Markets trading platform to protect you on PC and mobile BlackBull Markets platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using BlackBull Markets web trading platforms. To see a list of the top MT4 brokers, see our comparison of MT4 brokers. However, it’s important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD.

Is BlackBull Markets regulated?

There is a free demo account to test the platform by yourself, and for all traders who want to start trading with real money, there is no minimum deposit for the standard account. This is a huge variety of more than 26,000 tradable instruments in total. Like most brokers, they offer a free demo trading account for beginner traders, or experienced retail traders looking to test the trading environment before committing to the broker. If you are considering using BlackBull, I would highly recommend creating yourself a demo account to check the execution speed, spreads and overall conditions that you have access to. Conditions do change from a demo to a live account though, so take that with a pinch of salt.

For all traders who are searching for a real ECN Broker, BlackBull Markets is the right choice. BlackBull Markets offers 24-hour support on working days in English. From our experience, the support works very fast and professionally. The prices are shown, and you can see the spread (bid and ask price).

Withdrawals

The company also offers a range of educational resources, including webinars, eBooks, and video tutorials, to assist its clients in making informed trading decisions. BlackBull Markets’ Trustpilot reviews provide strong evidence that the company is worth doing business with. The company’s competitive pricing, tight spreads, flexible account options, excellent customer service, and efficient withdrawal processes make it a reliable and trustworthy broker.

The platform is designed for use with the BlackBull Markets MT4 platform. While most brokerage accounts allow for free deposits, this is only sometimes the case for withdrawals. In this blackbull markets review, we will discuss how to withdraw money from blackbull forex account. Most fund withdrawal methods are immediate and involve no fees from BlackBull Markets. BlackBull Markets usually processes each withdrawal request in less than 24 hours. Traders will receive an e-mail once BlackBull Markets has completed a request.

DEPOSIT/WITHDRAWAL

It’s important to note that this is just a general overview of the pros and cons, and individual experiences may vary. Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. Customer support is available 24/7, which is rare for the industry and the agents are responsive, polite, and knowledgeable. As a regulated broker, Blackbull ensures that all Anti-Money Laundering rules and regulations are followed. We compare BlackBull Markets fees with its closest competitors, TMGM and Fusion Markets.

Instead of quoting long fee tables, we compare brokers by calculating all fees of an example trade for two currency pairs. They offer pretty much every pair you will need as a retail forex trader, including majors, minors, index, https://limefx.biz/ commodities, energy and metals. There are brokers out there in the markets offering more products and pairs to trade, but for the majority of retail traders the products on offer are more than enough to sink your teeth into.

BlackBull Markets’ customer service team was quite helpful and gave us direct and prompt answers that were very accurate. Our first interaction with the team was via live chat, where we asked about the order execution and whether they allow hedging, scalping and change of leverage. BlackBull Markets offers the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, as well as highly customizable TradingView to its clients. Clients can access the two platforms via the desktop and mobile MT4 and MT5 applications. Traders can change their account’s leverage levels after registration but they have to contact the broker’s customer support team to facilitate the change.

We are committed to the fair handling of reviews and posts regardless of such relations. We hope you found our review of the BlackBull Markets brokerage firm useful. Overall, while the phone support experience was satisfactory, there is still room for improvement.

The company also provides educational resources to assist traders in their trading journey. BlackBull Markets offers a range of payment options, including bank transfer, wire transfer, credit cards/debit cards, and online payment systems such as Skrill, Neteller. The company also offers fast payment processing, with most withdrawal requests processed within 24 hours. The company does not charge any deposit fees, but withdrawal fees may apply depending on the payment method used.

BlackBull Markets Review: A Comprehensive Look at This Broker

The registration process took exactly 5 minutes, and our account was approved in one working day. I wanted to take a moment to express my sincere appreciation for the exceptional service I have received from your team, particularly the person who has been assisting me. First of all, you have to choose the asset you want to trade and choose the position size (volume). For a correct position size, you have to calculate it or use an indicator.

The more experienced traders prefer a higher minimum deposit and a small fee per trade to get tight spreads, which BlackBull Markets offers. BlackBull Markets, a New Zealand-based FX and CFDs broker, has launched the BlackBull Trade trading platform, powered by Devexperts’ DLimeFx. The platform offers margin trading across various assets, and includes updated features and tools for user experience and risk management. Through the ZuluTrade social trading platform, Blackbull clients can gain exclusive access to a vast pool of professional traders and trading systems.

• BlackBull Markets does not apply an inactivity fee which is great because your account will not be charged even if you do not trade for a longer time period (months or years).
• Please read BlackBull Markets Reviews below and share live trading experiences with this broker.
• Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.

BlackBull Markets allows its clients to make withdrawals via the same payment methods available for deposits making it easy for investors to access their funds. Only the standard account offered by BlackBull Markets charges a spread and zero commissions. The other two account types charge a spread and a commission on trades. The broker LimeFx is a great option with very low spreads and fees for less popular Forex pairs or assets. With more than 12,000 assets to choose from, you will never run out of options if you sign-up with this broker. The lucrative high leverage is another plus for more experienced brokers.