Who regulates BlackBull Markets? (2024)

Who regulates BlackBull Markets?

Is BlackBull Markets regulated? Yes, it is regulated by the Financial Markets Authority (FMA) of New Zealand and the Financial Services Authority (FSA) in Seychelles.

Is BlackBull Markets regulated?

The Company is authorized and regulated by the Financial Services Authority in Seychelles (“FSA”) under license number SD045 for the provision of investment services.

Who is the owner of BlackBull Markets?

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

Is BlackBull Markets trusted?

BlackBull Markets is considered Average Risk, with an overall Trust Score of 77 out of 99.

Is BlackBull allowed in the US?

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

Is BlackBull Markets an ECN broker?

Does BlackBull use a Dealing Desk? No, BlackBull Markets is a strictly non-dealing desk. We only offer ECN Accounts and Straight Through Processing services which both prevent this practice and conflicts of interest.

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.

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. Neteller - Under 24 hours.

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.

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.

Where is BlackBull Markets regulated?

Is BlackBull Markets regulated? Yes, it is regulated by the Financial Markets Authority (FMA) of New Zealand and the Financial Services Authority (FSA) in Seychelles.

How much is the commission on BlackBull?

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).

Does BlackBull market accept US customers?

Availability. BlackBull Markets accepts clients from all over the world, excluding USA, Brazil, Venezuela, Russia, Ukraine, Belarus, China, Egypt, Iran, Yemen, Nigeria, Zimbabwe and some other FATF sanctioned countries.

How do I withdraw money from BlackBull Markets?

Does BlackBull Markets have negative balance protection?

BlackBull Markets offers negative balance protection for some of its retail clients. Those outside eligible areas must meet conditions or do without protection. If you're not covered, set up stop-loss orders to limit losses on your trades. In times of extreme volatility, reduce trade size or leverage (if allowed).

Who are the liquidity providers for BlackBull?

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.

Do ECN brokers trade against you?

Genuine ECN brokers will not trade against you, as they will pass on your orders to a bank or another customer on the opposite side of the transaction. Prices may be more volatile, which will be better for scalping purposes.

Is BlackBull Markets a market maker?

No, BlackBull Markets is not a market maker, it does not have its own dealing desk. As a client of BlackBull Markets, your orders will be routed directly to liquidity providers/the market. I have more than 15 years of experience as a forex trader, actively trading on a daily basis with many currency pairs.

Are ECN brokers regulated?

Any regulated brokerage firm will provide information regarding its regulated status on its website. Another way to ensure that you're dealing with a genuine ECN broker is that ECN brokers do not present traders with the problem of requotes. Requotes occur due to the slower execution of dealing desk brokers.

What is the max lot size in BlackBull Markets?

What are the deposit methods for BlackBull market?

What deposit methods are available at BlackBull Markets? At BlackBull Markets, you have multiple options to choose from when you want to deposit money to your account. These options are the following: Bank transfer, Credit/debit cards, Neteller, Skrill, China UnionPay, FasaPay.

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.

Which forex broker is the fastest for withdrawals?

Does BlackBull allow scalping?

Trading Accounts

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.