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BlackBull Forex Broker keeps up-to-date with the latest trading account information, including ECN STANDARD, ECN PRIME, ECN INSTITUTIONAL maximum leverage of 1:500, trading varieties, and more
Rating Index
Pros
Regulated by the Financial Markets Authority (FMA) of New Zealand, ensuring compliance with strict standards.
Offers popular trading platforms, including MetaTrader 4 and MetaTrader 5, known for their user-friendliness and advanced features.
Competitive spreads and commissions, with no deposit or withdrawal fees, making it cost-effective for traders.
Cons
No fixed-spread accounts available, which may be a drawback for traders who prefer predictable trading costs.
Limited range of trading instruments compared to some other brokers, potentially restricting trading opportunities.
Swap rates for certain instruments can be higher than those offered by competitors, which could impact long-term trading strategies.
BlackBull broker Accounts
ECN STANDARD
Environment
--
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
US$200
Minimum Spread
EURUSD average is 0.2; Gold average is 0.2
Depositing Method
(7+) MASTER VISA Skrill Neteller
Withdrawal Method
(17+) Neteller Skrill MASTER VISA
Minimum position
0.01
Commission
--
Products
--
ECN PRIME
Environment
--
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
US$2,000
Minimum Spread
EURUSD average is 0.2; Gold average is 0.2
Depositing Method
(7+) MASTER VISA Skrill Neteller
Withdrawal Method
(17+) Neteller Skrill MASTER VISA
Minimum position
0.01
Commission
--
Products
--
ECN INSTITUTIONAL
Environment
--
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
US$20,000
Minimum Spread
EURUSD average is 0.2; Gold average is 0.2
Depositing Method
(7+) MASTER VISA Skrill Neteller
Withdrawal Method
(17+) Neteller Skrill MASTER VISA
Minimum position
0.01
Commission
--
Products
--
BlackBull Markets Account Types
BlackBull Markets offers three main account types tailored to different trading needs:
- ECN Standard Account
- Minimum Deposit: $0
- Spreads: From 0.8 pips
- Commission: No commission
- Leverage: Up to 1:500
- Ideal for: Beginners and casual traders looking for a cost-effective trading experience.
- ECN Prime Account
- Minimum Deposit: $2,000
- Spreads: From 0.1 pips
- Commission: $6.00 per standard round lot
- Leverage: Up to 1:500
- Ideal for: Experienced traders seeking competitive trading conditions.
- ECN Institutional Account
- Minimum Deposit: $20,000
- Spreads: From 0.0 pips
- Commission: $3.00 per standard round lot
- Leverage: Up to 1:500
- Ideal for: High-volume traders and institutions requiring customized trading solutions.
All account types also offer a swap-free Islamic account option for traders adhering to Sharia law.
BlackBull Markets Broker Account Opening Process
To open an account with BlackBull Markets, follow these steps:
- Visit the Website: Go to the BlackBull Markets official website and click on "Join Now."
- Provide Email: Enter your email address and create a password.
- Complete Registration Form: Fill out the account registration form with personal details, including your name and country of residence.
- Verify Email: Check your email for a verification link and follow the instructions.
- Provide Additional Details: Enter your residential address, tax identification number, and other relevant information.
- Customize Trading Account: Choose your preferred account type, base currency, and leverage level.
- Employment Details: Enter your employment information and source of funds.
- Submit Documents: Upload required identification documents (e.g., passport, proof of address).
- Account Approval: Wait for your application to be reviewed and approved, which typically takes up to 24 hours.
- Fund Your Account: Once approved, fund your account using one of the available payment methods.
BlackBull Similar Broker Accounts
Explore broker markets account types: forex/trading accounts with demo access.
BlackBull accounts can be viewed for products that can be traded -- accounts with a minimum deposit of US$200 by (2+) (7+) MASTER VISA Skrill Neteller.