Blackbull Markets Review 2023: A Comprehensive Analysis of Features & Benefits

blackbull markets metatrader

Autochartist is a market analysis tool that uses advanced pattern-recognition technologies to uncover market possibilities. You can apply Autochartist’s knowledge to your favourite instruments today and begin receiving notifications when possible trade setups occur. You can copy the trading activities of thousands of registered and skilled forex traders. BlackBull Markets offer a FIX API option for clients who wish to use their own FIX application. This allows you to bypass the MT4 application and trade with Direct Market Access (DMA), connecting directly to the ECN grid.

blackbull markets metatrader

The BlackBull Markets platforms and technologies are amongst the best in the industry and in place to make sure that clients can retain and grow their competitive edge in the global markets. I would not hesitate to trade with them, especially considering they operate in a regulated environment. If you are a high volume trader then you may be eligible for rebates and a more customised offering through the Active Trader Account. Even if trading in high volumes, you can still expect tight spreads and reliable execution speeds. BlackBull Markets provide its customers with the popular trading plugin, Autochartist.

Demo Account Review

MT4 and MT5 permit access to all trading indicators, drawing tools, and automated functionalities found within the web-based platforms. This includes comprehensive price analysis, the use of algorithmic trading applications and copy trading. BlackBull Markets has a withdrawal fee of 5.00 for the account base currency when using Credit Cards, Neteller or Skrill.

  • In the event a dispute between the client and BlackBull arises, FSCL will be able to help resolve disputes in an impartial manner.
  • This allows traders to access their accounts and trade conveniently from anywhere at any time.
  • If you are set on a FIX API broker, then Global Prime is another suitable option.
  • The main differences between each of the accounts are the spreads and commission fees.

Therefore, I would always combine fundamentals with other technical indicators in the MT4 platform and price action patterns using candlestick charts to give my trading strategy that extra edge. I found there to be a great selection of traders to follow with various strategies. However, I didn’t feel confident enough to copy trades after taking a look https://limefx.vip/ at some of the statistics such as the drawdown and profit factor. I much prefer to have an understanding of the market that I am trading and place my own trades. 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.

Top Signals Providers

The BlackBull Markets tutorial videos cover lots of topics such as how to use your trading account and how to conduct chart analysis. I did find some interesting articles that helped make me aware of some potential market moves that I would have otherwise overlooked. The broker also provides you with some useful trading guides and several market review articles each week under the market reviews section. If you want to learn as much as possible, you can take a look at XTB who have a dedicated trading academy. BlackBull Markets clients can qualify for a free VPS is they have a prime account, minimum $2,000 deposit and maintain 20 lots of trading volume per month. I have a VPS that I use myself to run my automated strategies in the MT4 platform.

blackbull markets metatrader

FXChoice are another broker who have Islamic accounts with a great selection of quick and easy funding options. Traders can diversify their portfolio and access global equity markets with Indices trading through a range of Index CFDs including AUS200, GER30, US30, SPX500, UK100 and JPN225. BlackBull Markets are a true Electronic Communication Network (ECN) broker with Straight Through Processing (STP) and No-Dealing Desk (NDD). This means that there is no conflict of interest between us traders and the broker.

In the event a dispute between the client and BlackBull arises, FSCL will be able to help resolve disputes in an impartial manner. But the most important reason is to consider MT5 over MT4 is because MT4 no longer receives new development and limited support from its developer, Metaquotes. This means in time, more people will use MT5 as MT4 becomes outdated and eventually obsolete. BlackBull Markets were kind enough to provide us with some of their average spreads when requested for their ECN Prime account. We explore the three accounts below that all use an ECN execution model. BlackBull Markets doesn’t offer any rewards or promotion bargains as of now.

How to Set a Trading Account Password?

They have a great selection of forex currency pairs and some major stock indices. 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.

  • Support is available 24/6 through their Auckland,  New Zealand office by live chat, email and phone.
  • If you like graphical views for your analysis, then you will enjoy Myfxbook.
  • I still use it and have always been happy with the platform so not felt the need to move up to another just yet.
  • You can leverage the broker’s interactive environment and advanced monitoring features to social-proof the strategies you choose to follow.

TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments. Accounts can be opened in AUD, USD, EUR, GBP, CHF, JPY, NZD, CAD, SGD, HKD. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. If you follow the Muslim faith then there are Islamic friendly accounts available to you which comply with Sharia law.

Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for. It doesn’t matter what your investment size is, all clients get an institutional level of treatment, regardless of your background. They are constantly furthering and bettering their brokerage service to the benefit of their clients. If you are still unsure whether they are a suitable option, you could always open a demo account and download the MT4/MT5 platform to see if they meet your expectations.

How to Log into MT5 on Mobile?

Blackbull Markets is a reputable trading broker that has been operating since 2014. With its headquarters in New Zealand, the broker specializes in offering CFDs and Forex trading services. Blackbull Markets has gained popularity due to its low fees, tight spreads, and user-friendly trading platform. The broker is known for executing trades quickly, providing traders with a seamless trading experience.

It’s worth noting that while Blackbull Markets offers the popular MT4 and MT5 platforms, it does not have a proprietary trading platform. Some traders may prefer brokers that provide their own custom-built platforms, offering unique features and functionalities. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs.

The customer support has always been excellent in my experience whilst the trading conditions are comparable to industry leaders such as IG. BlackBull Markets were founded in 2014 by a team of experienced professionals with a background in forex, fintech development and data security. 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. Yes, Blackbull Markets provides a range of educational resources to support traders of all levels.

I still use it and have always been happy with the platform so not felt the need to move up to another just yet. 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 and detailed forex guides, and we monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). While most brokers base their trading servers at NY4 Equinix data centre and/or CY4  London Equinix Data Centre (or alternately on Europe mainland), BlackBull has servers 5 located around the globe. Like all the best brokers, their main server is at NY4 Equinix data centre. This makes sense as most liquidity providers such as tier-1 banks have their servers located here.

Review Methodology

At the hour of composing, there is no limited time offers accessible at BlackBull Markets. Merchants can check the broker’s site or web-based media pages for any future arrangements. I like the digital payment options as I tend to make deposits and withdrawals to and from my trading account via eWallets. I just find it much faster and don’t always want to wait around for a bank transfer to clear. If there is a market movement that I plan on taking advantage of, I want my funds available to trade with as soon as possible.

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. When we used the apps on a portable device, our experts confirmed all options are fully functional with interactive navigator windows. The WebTrader eliminates the need to install any additional software and offers all the same benefits as the desktop version, including drawing tools, financial news and live pricing.

BlackBull Markets trading fees are competitive, though these costs vary by account type and instrument. The broker charges no commission on the ECN Standard profile, with spreads from 0.8 pips. Clients using the ECN Prime account will incur tighter spreads from 0.1 pips, with commissions from $6 per lot. Advanced investors trading under the ECN Institutional account limefx broker reviews type can benefit from negotiable commission rates and spreads from 0.0 pips. Traders can also access multiple order types, 30+ pre-installed indicators and analysis tools, nine timeframes, one-click order execution, multiple chart set-ups, and a market watch window. The company founders offer 10+ years of combined institutional experience in the forex space.