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BlackBull Markets Account Types

BlackBull Markets Account Types Review

 

BlackBull Markets provides three different account types, ECN Standard, ECN Prime, ECN Institutional, Islamic, Swap-Free, and Risk-Free Demo account options.  The minimum deposit amount required to register a BlackBull Markets Professional live trading account is $1 USD.

 

🔎 Account Type🥇 ECN Standard🥈 ECN Prime🥉 ECN Institutional
🤝 Suited toBeginnersExperienced TradersHigh-Volume Traders
📊 Spreads from0.8 Pips0.1 Pips0.0 Pips
💴 CommissionNone6 USD per lot4 USD per Lot
💶 Minimum DepositNone2'000 USD20'000 USD
📌 Equinix ServerNY4/LD5NY4/LD5Custom Options
📈 Min. Trade Size0.01 Lots0.01 Lots0.01 Lots
📉 LeverageUp to 1:500Up to 1:500Up to 1:500
☪️ Swap-Free Option✅Yes✅YesNone
🚀Open an Account👉 Click Here👉 Click Here👉 Click Here

 

Overall Rating

Min Deposit

USD 50

Regulators

FMA, FSA

Trading Platform

MT4, MT5, WebTrader, FIX, API

Crypto

Yes

Total Pairs

64+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

BlackBull Markets Account Types Review – 10 Key Point Overview:

 

 

BlackBull Markets Overview

 

A forex account is a trading account that you will hold and that will work similarly to your bank account, but with the difference that it is primarily issued with the purpose of trading on currencies. Forex Islamic accounts are also known as swap-free accounts as they imply no swap or rollover interest on overnight positions, which is against the Islamic faith.

 

BlackBull Markets Safety and Security

 

BlackBull Markets Safe and secure

 

BlackBull Markets is regulated by the FMA and FSA.

BlackBull Markets is incorporated in New Zealand and registered with the Financial Services Provider Registry (FSPR), register number FSP403326.

 

🔎 Regulatory Authority📌 Abbreviation🌎 Country
🥇 Financial Services AuthorityFSASeychelles
🥈 Financial Markets ActFMARSA

 

Blackbull Markets Account Types

 

BlackBull Markets Accounts

 

 

BlackBull Markets provides three different account types, ECN Standard, ECN Prime, ECN Institutional, Islamic, Swap-Free, and Risk-Free Demo account options.  The minimum deposit amount required to register a BlackBull Markets Professional live trading account is $1 USD.

 

🔎 Account Type🥇 ECN Standard🥈 ECN Prime🥉 ECN Institutional
🤝 Suited toBeginnersExperienced TradersHigh-Volume Traders
📊 Spreads from0.8 Pips0.1 Pips0.0 Pips
💴 CommissionNone6 USD per lot4 USD per Lot
💶 Minimum DepositNone2'000 USD20'000 USD
📌 Equinix ServerNY4/LD5NY4/LD5Custom Options
📈 Min. Trade Size0.01 Lots0.01 Lots0.01 Lots
📉 LeverageUp to 1:500Up to 1:500Up to 1:500
☪️ Swap-Free Option✅Yes✅YesNone
🚀Open an Account👉 Click Here👉 Click Here👉 Click Here

 

Standard Account

 

The ECN Standard Account gives access to all tradeable instruments at a deposit of just US Dollar 50. It is commission-free and ideal for traders looking for a Forex experience with good value. You can trade with the Standard Account on any of their platforms.

 

Prime Account

 

The ECN Prime Account is suitable for traders looking for a more competitive edge, with a commission of just US Dollar 3 lots per 100 000 traded and spreads starting at 0.2 pips. The Prime Account requires a minimum deposit of 2000 USD.

 

ECN Institutional Account

 

The ECN Institutional Account is provided to larger traders with a minimum initial deposit of 20 000 USD and offers complimentary VPS Access, customizable commission structures, and White Label branding when preferred.

 

Successful and high-volume traders are entitled to several BlackBull Markets rebates and incentives to traders.

 

An Active Trader Account’s benefits include a dedicated account manager that is available at all times, segregated customer accounts, advanced reporting, VPS hosting services, and custom solutions.

 

Institutions can choose VIP Prime accounts with a personal account manager and Muslim clients to have access to an Islamic Account or swap-free account that operates in full compliance with Sharia Law.

 

Such an account is offered as a variant of the Standard, Prime, or Institutional Accounts, with all other features of the regular accounts.

 

Every account type allows hedging, scalping, and automated trading via Expert Advisors.

 

How to Open a BlackBull Markets Account – Step-by-Step Guide

 

1.  Step 1:  Start Process

 

Navigate to the website and select the option to “Join Now”

 

BlackBull Markets Open an account

 

2.  Step 2: Complete the Registration

 

Complete all the personal information requested.

 

BlackBull Markets Complete an account

 

3.  Step 3:  Account verification

 

Once the account has been registered and approved a verification email will be sent to the registered email address and once verified, login.

 

BlackBull Markets Islamic Account

 

BlackBull Markets Islamic account

 

BlackBull Markets offers Islamic swap-free trading on 2 trading account levels. Standard Swap-free and Extended Swap-free.  BlackBull Markets offers Extended Swap-free status by default to all applicable trading accounts created by clients in non-Islamic countries.

 

🔎 Broker🔎 BlackBull Markets
☪️ Islamic Account✅ Yes
☑️ Accounts OfferedStandard / Extended
🚀 Open an Account👉 Click Here

 

BlackBull Markets Demo Account

 

BlackBull Markets Demo account

 

BlackBull Markets does offer a free demo trading account for beginners to practice forex trading in a 100% risk-free environment. The BlackBull Markets demo account expires after 30 days. The BlackBull Markets Demo account is virtually funded. 

 

🔎 Broker🔎 BlackBull Markets
🆓 Demo Account✅ Yes
💸 Virtually FundedNot Indicated
💻 Terminal AccessFull
🚀 Open an Account👉 Click Here

 

BlackBull Markets Customer Reviews

 

BlackBull Markets Trustpilot

 

 

Awesome support every time without…

Awesome support every time without fail.Really happy overall.Thanks team!

 

BlackBull Markets Green trust reviews

 

I am very satisfied with BlackBull…

I am very satisfied with BlackBull markets. Most important for me is the 24/7 support. The spreads are good and the platform works fine. Thanks.

 

BlackBull Markets Green trust reviews

Enthusiastic

My experience with Blackbullmarket is as follows:
This friendliness and helpfulness is outstanding.
I was immediately connected with someone who speaks my language. I am also contacted in between if I need help. There is always someone there to help.
On the whole, a great and functioning company.
Respectfully
Oliver Breakfast

BlackBull Markets Green trust reviews

 

 

BlackBull Markets Pros and Cons

 

✅Pros❌Cons
No Commission Fee on the ECN Standard AccountWithdrawal Fees may apply
Wide Variety of Education and ResearchHigh Minimum Deposit required on the ECN Prime Account

 

BlackBull Markets Conclusion

 

Overall, BlackBull Markets provides three different account types, ECN Standard, ECN Prime, ECN Institutional, Islamic, Swap-Free, and Risk-Free Demo account options.  The minimum deposit amount required to register a BlackBull Markets Professional live trading account is $1 USD.

 

You might also like: Blackbull Markets Sign up Bonus

You might also like: Blackbull Markets Demo Account

You might also like: Blackbull Markets Fees and Spreads

You might also like: Blackbull Markets Minimum Deposit

You might also like: Blackbull Markets Islamic Account

You might also like: BlackBull Markets Review 

 

Frequently Asked Questions

Which instruments can I trade with Blackbull Markets?

You can trade the following instruments:

  • Forex
  • Commodities
  • Indices
  • Metals
  • Energies
  • CFDs

 

Which live trading accounts does Blackbull Markets offer?

Blackbull Markets offers the following trading accounts:

  • ECN Standard Account
  • ECN Prime account
  • ECN Institutional Account

 

What are the feautures of the Blackbull Markets ECN  accounts?

ECN Standard Account – minimum deposit of US Dollar 200 with spreads that start from 0.8 pips, leverage up to 1:500, and zero commissions.
ECN Prime Account – minimum deposit of US Dollar 2,000 with spreads that start from 0.1, leverage up to 1:500, and commissions of US Dollar 6 round turn per lot.
ECN Institutional Account – minimum deposit of US Dollar 20,000 with spreads that start from 0 pips, leverage up to 1:500, and negotiable commissions.

 

What are the available deposit currencies for a live Blackbull Markets trading account?

Deposit currencies for Blackbull Markets are USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY, and ZAR.

Author Details

Picture of Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

Table of Contents

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