How old is BlackBull Markets? (2024)

How old is BlackBull Markets?

Company History

Is BlackBull Markets legit?

About BlackBull Markets

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.

Is BlackBull market legal?

Yes, BlackBull Markets is multi-regulated, including by the FMA in New Zealand.

Is BlackBull Markets a regulated broker?

BlackBull markets is a New Zealand regulated forex and CFD broker established in 2014. BlackBullMarkets offers MT4 and MT5 platforms by MetaTrader with available WebTrader, desktop and mobile apps.

Does BlackBull market accept US customers?

BlackBull Markets will not accept clients: From OFAC-sanctioned countries. From the United States of America (USA)

Who is the owner of BlackBull Markets?

BlackBull Markets was founded in 2014 in Auckland, New Zealand by Michael Walker and Selwyn Loekman.

Who are BlackBull Markets competitors?

Blackbull Markets's competitors and similar companies include FxNet, RoboMarkets, FXCC and StocksToTrade. Blackbull Markets is an online financial technology and foreign exchange broker. FxNet is a company that provides brokerage services specializing in forex trading and contracts for differences (CFDs).

How much is BlackBull commission fee?

Commission is calculated at US$3 per US$100,000 traded (US$6 for a standard round turn). E.g., if you trade 0.01 lots, round-turn commission will be US$0.06. Can I open a Swap Free Account for any of the account types? Yes, we offer swap-free variants for all our account types.

What is the minimum deposit for BlackBull Markets?

BlackBull Markets requires a minimum initial deposit of US$0 to open a Standard account, US$2,000 to open a Prime account, and US$20,000 to open an Institutional account. Once the initial deposit has been made, you account balance can go below the minimum deposit amount. Subsequent deposit sizes are at your discretion.

How long does it take to withdraw from BlackBull Markets?

The average withdrawal time for the BlackBull Markets withdrawal methods: Bank wires - Under 24 hours. Credit/debit cards - Under 24 hours.

How do I withdraw money from BlackBull Markets?

What are the margin requirements for BlackBull?

Once you account reaches a Margin percentage below 75%, you will receive a margin call. Below 50% you will be stopped out / liquidated.

Does BlackBull Markets have negative balance protection?

BlackBull Markets offers negative balance protection for some of its retail clients.

Does BlackBull Markets allow hedging?

The Prime account requires a minimum deposit of $2,000 and offers raw spreads from 0.0 pips, a commission of $6 per lot per side, and a maximum leverage of 1:500. Both accounts allow hedging, scalping, and expert advisors.

Where is BlackBull Markets based?

BlackBull Markets is #17 in our rankings of CFD brokers. 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.

Who are BlackBull Markets liquidity providers?

What do Liquidity Providers do? # In order for BlackBull to offer the lowest spreads to our clients, we use a number of liquidity providers. To achieve this, major liquidity providers include the Bank of America, Goldman Sachs, Citibank, Barclays, RBS, Credit Suisse, Commerzbank, ABN AMRO and BNP Paribas.

Is BlackBull an ECN broker?

We are a True ECN (Electronic Communication Network), bridging our clients directly to the markets without any internal dealing desks. ECN liquidity is integral to the service offered by BlackBull Markets.

What was the best bull market?

The 2009-2019 bull run topped the nearly 10-year bull run of the 1990s. The bull run that started in Oct. 1990 lasted 113 months, while the 2009 bull run is going on 127 months. 3 Only one other bull market has lasted longer than seven years, and it was the post-World War II run that started in 1949.

Who is Pepperstone competitor?

Pepperstone's competitors and similar companies include Shift Markets, Copper, Bitit and Crymbo. Pepperstone is a provider of online trading services, specializing in foreign exchange.

Who are Thinkmarkets competitors?

How much does BlackBull charge for withdrawal?

Non-trading fees are:

Deposit fees (not applicable at BlackBull Markets) Withdrawal fees ($5 for each withdrawal request at BlackBull Markets) Inactivity fee (not applicable at BlackBull Markets) Currency conversion fees (for deposits and withdrawals in currencies that differ from the account base currency)

How do you trade in BlackBull Markets?

Open an investment account at BlackBull Markets. Transfer money to your account. Find a stock or ETF that you want to buy on the trading platform.

How do I deposit money into BlackBull Markets?

How long until my brokerage cash is withdrawable?

Proceeds from selling a stock or security will settle in your brokerage account 2 business days after the sale. Once the proceeds from your sales have settled, they will be available to withdraw.

Can I withdraw brokerage cash?

You can only withdraw cash from your brokerage account. If you want to withdraw more than you have available as cash, you'll need to sell stocks or other investments first. Keep in mind that after you sell stocks, you must wait for the trade to settle before you can withdraw money from your brokerage account.