BlackBull Markets is an Award-winning New Zealand Broker that provides institutional-grade trading conditions and exceptional customer service and support. We provide access to hundreds of markets for clients who want to diversify their portfolio after outgrowing their traditional investing platforms. BlackBull Markets strives to continuously improve its offerings and services to meet the evolving needs of its clients, and to be a trusted partner in the financial markets.
Company Details
Headquarters: New Zealand
Year of Foundation: 2014
Financial Regulation: FMA (New Zealand), FSA (Seychelles)
Live Accounts
Three account types:
- ECN Standard
- ECN Prime
- ECN Institutional
Demo Accounts: Yes
Account Currencies: Eleven base account currencies:
- USD – United States Dollar
- EUR – Euro
- GBP – Great British Pound
- AUD – Australian Dollar
- NZD – New Zealand Dollar
- SGD – Singapore Dollar
- CAD – Canadian Dollar
- JPY – Japanese Yen
- ZAR – South African Rand
- CHF – Swiss Franc
- THB – Thai Baht
Funding Methods
A variety of country-specific funding methods including:
- Local/International Bank Transfer (SWIFT/SEPA/Faster)
- Visa
- MasterCard
- American Express (AMEX)
- Skrill
- Neteller
- China Union Pay
- FasaPay
- PoliPay
- AstroPay
- Help2Pay
- PaymentAsia
- Crypto (BTC, BCH, LTC, ETH, USDT, XLM, XRP, LINK, USDC)
Transaction Conditions
Deposits are typically within 5 minutes (depending on the system refresh). Bank transfers vary, as they can take longer depending on where funds originate from. Withdrawals are processed within 24 hours and carry a 5-unit base currency administration fee.
Customer Support: 24/7 Live Chat, Email, and Phone
Awards
YEAR 2023
- 2023 #1 Execution Speed – Compare Forex Brokers
- 2023 Best in Class for Offering of Investments – Forex Brokers
In YEAR 2022
- 2022 Westpac Business Awards – Excellence in International Trade Finalist
- 2022 Best ECN Forex Broker – Broker Tested
YEAR 2021
- 2021 Deloitte Fast 50
YEAR 2020
- 2020 Best NZ Forex Broker – Compare Forex Brokers
IN YEAR 2019
- 2019 Deloitte Fast 50
YEAR 2018
- 2018 Deloitte Fast 50
- 2018 APAC Technology Fast 500
Tradeable Assets: 26,000+ including Shares, Forex, CFDs, Commodities, Crypto
Minimum Deposit: $0 Minimum Deposit
Forex Trading: ✅
Forex Pairs (Total): 64 (major, minor and exotics)
CFD Trading: ✅ Forex, Indices, Commodities, Stocks and Futures
US Stock Trading (Non-CFD): ✅
Int’l Stock Trading (Non-CFD): ✅
Cryptocurrency (Physical): SOON
Cryptocurrency (CFD): ✅
Market Maker ❌
Social Trading / Copy Trading: ✅ ZuluTrade, MyFxbook and BlackBull Copy Trade System
Trading View: ✅
MetaTrader 4 (MT4): ✅
MetaTrader 5 (MT5) ✅
Islamic Accounts ✅
ECN Standard
Perfect for Traders who are just beginning. With access to all our tradeable instruments and no minimum deposit, our commission-free Standard Account allow you to attain a complete trading experience. The Standard Account is perfect for traders that are looking for a great value Forex experience. With no commissions and low spreads, it’s easy to get started. Trade with your Standard Account on any of the platforms that we offer, including, PC, Mac, mobile, and Webtrader.
MINIMUM DEPOSIT: No Minimum Deposit
SPREADS FROM: 0.8 pips (8 points)
MINIMUM LOT SIZE: 0.01
LEVERAGE UP TO: 1:500
COMMISSION: No commission
EQUINIX SERVER: NY4, LD4 and TY3
ECN Prime
True ECN experience with Straight Through Processing. For traders that are looking for a competitive edge, we offer the Prime Account. With a commission of just $6 lot per US$100k traded and spreads starting at just 0.1 pips, the Prime Account is perfect for traders looking to get the most out of their trades.
MINIMUM DEPOSIT: US$2,000
SPREADS FROM: 0.1 pips (1 point)
MINIMUM LOT SIZE: 0.01
LEVERAGE UP TO: 1:500
COMMISSION: 6 points per lot
EQUINIX SERVER: NY4, LD4 and TY3
ECN Institutional
For Traders looking for Institutional Services and Functionality to provide a truly institutional experience, we offer custom accounts to our largest traders.
MINIMUM DEPOSIT: US$20,000
SPREADS FROM: 0.0 pips
MINIMUM LOT SIZE: 0.01
LEVERAGE UP TO: 1:500
COMMISSION: Negotiable
EQUINIX SERVER: Custom options
Swap-Free Account
As paying or receiving interest is prohibited in Islam, BlackBull Markets have created a swap free account that operates in full compliance with Sharia Law. Islamic (swap-free) accounts are offered as a variant of our Standard, Prime and Institutional Accounts, retaining all the great features of the regular account types.
Client Education
Client Webinars: ✅
Market Reviews: ✅
Trading Videos: ✅
The Trading Glossary: ✅
Trading Guides: ✅
What promotions or offers do we have for new clients?
We actively review our promotional offerings for new clients. The current promotion we are offering is free TradingView Pro subscriptions.
What are your trading conditions?
- Market execution
- Decimal pricing 5 digits
- Minimum lot size 0.01
- Max lot size 100 lots per click
- Margin call 70%
- Stop out 50%
What are your top three selling points or key features?
- 1:500 leverage
- Multi-award-winning New Zealand broker
- Institutional-grade spreads from 0.0 pips