This means that there is no conflict of interest between us traders and the broker. When you place a trade, it gets sent directly to the market at the best available price at any time. Discover how Crypto Fund Trader revolutionizes prop trading with its unique platform. Dive into our comprehensive review of CFT’s trading challenges, capital access up to $200,000 in virtual funds…

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The PsyQuation helps to guide traders on weak areas and ways in which they can be improved. Traders can create a PsyQuation account and link it with their BlackBull Markets MT4 account. With a low-cost pricing model and flexible leverage, the broker’s clients can trade various energies, such as natural gas and oil. Joey Shadeck is the Content Strategist and Research Analyst for and He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.

Is BlackBull Markets regulated?

Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. 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.

Are the educational resources at BlackBull Markets available to all traders?

They have rapidly become one of the leading online trading brokers specialising in Forex, Commodities, Indices, Metals, Energies & CFDs. They have a great selection of over 26,000 tradeable assets with something for everyone to trade. Kyle Townsend is the founder of Forex Broker Report, an experienced forex trader and an advocate for funding options for retail forex traders. In summary, BlackBull Markets is a safe broker and a great one at that.

Account funding at BlackBull Markets

The platform supports Expert Advisors (EAs), as well as MetaScripts, which allow you to create your own automated robots. BlackBull is a New Zealand-based CFD broker with trading opportunities on forex, stocks, indices, commodities and cryptos. The broker supports the MetaTrader 4 and 5 platforms as well as TradingView, cTrader and a proprietary mobile app. Clients can trade with high leverage and tight spreads from 0 pips on the broker’s ECN accounts. A demo account is available to get beginners started before trading live.

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Steven Hatzakis is the Global Director of Research for and Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. BlackBull Markets offers cryptocurrency CFDs, but not physical cryptocurrency trading. BlackBull Markets makes money from spreads, commissions, and swap rates on leveraged overnight positions. BlackBull Markets follows well-established industry practices for onboarding new traders.

Customer Service Rating

Blackbull Markets also provide social trading via another social trading platform like Myfxbook called HokuCloud. However, I did not find there xcritical courses scam to be as large a selection as there was with ZuluTrade and Myfxbook. The MT4 platform itself is packed with more tools than most traders need.

  1. The larger your trading volume, the better commission deal you will be able to negotiate.
  2. The mobile trading apps from BlackBull are functional, providing adequate tools for trading and monitoring markets from mobile devices.
  3. The demo account options include MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView, BlackBull CopyTrader, and BlackBull Shares.
  4. It’s just an unfriendly environment for a trader let alone a short term day trader.
  5. They have a great selection of over 26,000 tradeable assets with something for everyone to trade.

The online broker partnered with Autochartist in 2022 to offer powerful market analytics and automated opportunity identification. The plugin, which is integrated with MT4 and MT5, scans the markets and alerts users to potential trading opportunities. At the time of writing, there are no promotional offers available at BlackBull Markets. Traders can check the broker’s website or social media pages for any future deals. All platforms are available with mobile compatibility, including free downloads to iOS and Android devices.

Opening an account at BlackBull Markets is acceptably quick and follows the normal standard in the retail Forex industry. I found some of the additional questions unnecessary, as traders can fill them out as they wish, and there is no verification of the answers. BlackBull Markets includes the account verification with the account opening form, which I like, as it is a requirement and saves traders the extra step from the back office. New traders must submit a copy of their ID and a proof of residency document dated within the past three months. BlackBull Markets answers some questions in its FAQ section and describes its products and services well.

Three requirements any successful trader needs from an ECN/NDD trading environment are deep liquidity, institution-level pricing, and high leverage. BlackBull Markets delivers all three, and I especially like the underlying technology they utilize to achieve this. It ensures high-speed trading and offers scalpers and other high-frequency traders the precision trading they require.

BlackBull Markets offers MT4/MT5 as a desktop client, webtrader, and mobile app. Key to our methodology is the emphasis on platform features, trading costs, and execution speeds. We meticulously measure spreads and commissions through various methods, including the analysis of average monthly spreads published by brokers and actual testing via MT4 indicator bots. In short, the trading conditions with this broker are absolutely perfect for all retail traders. I have personally found the trading conditions very favourable for my day trading styles and swing trading.

ECN Standard account is commission-free, meaning the total trading cost is 0.8 pips. These features are designed to optimize technical analysis during day trading. Suppose you’re a long-term buy-and-hold investor focusing on fundamental analysis. The platform also offers screeners for multiple assets (stocks, forex and crypto), a robust alert system and a vibrant trading community for knowledge-sharing.

The account minimum, spread and commission depend on your selected account types. 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.

This places BlackBull Markets at the forefront in terms of execution speed compared to other brokers. The ECN Standard Account, with no commissions and wider spreads, is typically preferred by beginner traders. The ECN Prime Account, offering lower spreads with commission fees, is ideal for experienced, high-volume traders. For those seeking customised solutions and lower commissions, the ECN Institutional Account is the best fit. If you just want to trade forex on the MT4 platform, then BlackBull Markets will do the job. Then there is ZuluTrade for anyone who is interested in social trading and copying the trades of others.

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