That’s in addition to connecting your accounts to TradingView’s active community of 30M+ traders. BlackBull Markets offers an impressive selection of trading tools to enhance clients’ trading experience. For instance, the free VPS provides automated data backup, reducing slippage and latency by 30%.
Account Opening: How to Start Trading With BlackBull Markets
BlackBull Markets has solidified its reputation as a trusted and reliable broker. I assess that BlackBull Markets’ research content is mostly geared towards technical analysis, with some fundamental breakdowns. This combination is practical and mostly tailored to suit the needs of less experienced traders who are less likely to pay attention to the big picture and what is driving the market. My tests indicate that the pricing mechanism of BlackBull’s Standard account meets the industry average when it comes to commission-free trading accounts. Meanwhile, its Prime account features marginally lower prices compared to most ECN accounts. I have compiled the table below to help you better understand the difference between the trading fees of BlackBull Markets’ two account types and the industry average.
Customer Support
An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). I appreciate the flexibility at BlackBull Markets for deposits, as after the initial deposit, follow-on amounts remain at the discretion of traders.
Trading Account Type
All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. BlackBull Markets recently expanded its market research coverage with the acquisition of research firm ATM Strategy. Considerable progress has been made in the broker’s research offering, though BlackBull Markets still trails behind the best forex and CFD brokers in this category.
The TradingView Platform
Trade directly in TradingView, the world’s leading charting and social platform.
Trading Platforms
Other brokers with on par liquidity worth considering include XM Group. This feature grants you the flexibility to choose the platform that best aligns with your https://forexbroker-listing.com/ expertise. If you’re a stock veteran, you can also capitalize on BlackBull Invest to invest directly in shares of major companies for long-term wealth-building.
Maximum Leverage by Asset Class
You can study the markets using your own strategy templates to find signals. Whatever your prior experience, you should not have any problems entering and exiting positions in the market. BlackBull Markets let you trade with the popular and highly acclaimed MetaTrader 4 and MetaTrader 5 trading platforms by MetaQuotes. I love these platforms as they are very easy to use and support automated trading with expert advisors (EAs).
Notably, cTrader offers an impressive selection of over 20 timeframes and supports one-click trading, making it an excellent choice for scalping. I performed my tests on a Standard trading account using the desktop version of the cTrader platform and the mobile app version of BlackBull Trade. Some features and services may vary depending on where you reside and which entity you open an account with.
- Trade directly in TradingView, the world’s leading charting and social platform.
- The platform also boasts custom cBots for algo trading, news feeds, market sentiments, custom time zones and a selection of built-in widgets from reputable sources like Trading Central and FXStreet.
- An even better account option for well-funded and expert high-volume traders is the ECN Institutional account.
I appreciate the transparency at BlackBull Markets, as fully detailed contact information is provided. Trading with a regulated broker will limit the potential for fraud and malpractice. I always recommend traders to check for regulation and verify it with the regulator by checking the provided license with their database. BlackBull Markets presents clients with two well-regulated subsidiaries. If you just want to trade forex on the MT4 platform, then BlackBull Markets will do the job.
Myfxbook is a popular social trading platform that allows users to discuss, analyse, track, and compare their trading actions. In addition to putting yourself up as the principal trader in an auto trading network, you can use Myfxbook to set up auto-trading to follow your chosen traders. The Myfxbook interface’s usability and intuitive design simplify use and common sense inputs and outputs. Because Myfxbook is a BlackBull Markets affiliate, the MetaTrader 4 trading platform is fully linked with the Myfxbook system. This makes it easy for you to hook up the platform and follow other traders.
This VPS is provided by ForexVPS, with servers near relevant exchanges in New York, London and Japan to optimize execution speed and reliability. However, to enjoy the VPS service, a minimum deposit of $2,000 and monthly trading of 20 lots across forex pairs or metals are required. The broker distinguishes itself with an extensive selection of trading platforms.
The cTrader is another popular, sophisticated and feature-rich platform that provides traders with a fantastic and hassle-free trading experience. Its range of advanced trading infrastructures seems built for high-precision and ultra-fast trading execution, making it an important addition to ECN/NDD brokers like BlackBull Markets. If you’re a beginner, consider using MT4 till you become very comfortable using advanced trading platforms like cTrader. BlackBull Markets grants traders access to a broad spectrum of financial markets via CFD trading, enabling traders to explore diverse investment opportunities. Its 26,000+ tradable instruments, including currency pairs, major market indices, equities, cryptocurrencies and commodities, positions it among the top five CFD brokers.
I personally don’t feel the need to use the FIX API for my trading as the MT4 platform meets all my needs. If you are set on a FIX API broker, then Global Prime is another suitable option. Your funds are held securely in segregated accounts for quick processing and to ensure that they are not used for any other purpose, thus giving you peace of mind. They use ANZ Bank as their banking partner who are one of the leading banks in the Australasia region and also have a global presence. The trading fees, including commission and spread, are competitive, and execution is lightning-fast and precise — a unique feature of an ECN broker. As an ECN broker, blackbull markets review lets you trade outside regular trading hours.
You can trade CFDs in 27 commodities, such as energies (Brent crude, WTI and natural gas), precious metals (gold, silver and copper) and cash crops (soybeans, corn, cotton and coffee). BlackBull’s 11 crypto assets comprise popular coins such as Bitcoin, Ethereum, Litecoin and DOGE. However, the bulk of BlackBull Markets’ tradable symbols are equities. While BlackBull provides valuable research content, its educational resources are somewhat limited in scope. BlackBull Markets does not provide its services in Canada, the United States, and the countries sanctioned by OFAC.
Compared to the industry average, BlackBull offers an average amount of FX pairs and commodities, and a high number of share CFDs, indices, and cryptocurrencies. The market is volatile and ever-changing, and staying on top of the latest developments is made easy with BlackBull’s mobile app. It can also be used to place market, limit, and stop orders, as well as to adjust the exposure of open trades. Yet another great thing about cTrader is that it has many built-in videos explaining what its multiple technical indicators do and how they can be used in real-world trading. This feature is great for beginners who still haven’t fully developed their trading systems.
BlackBull Markets do not charge a commission on CFDs and there are no additional mark-ups or re-quotes. They can be traded with ultra-low latency and straight-through processing on the proprietary trading technology provided. If you want to run your platforms 24/7 then there is a handy Virtual Private Server (VPS) option.
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