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BlackBull Markets’ Standard Account has a minimum round-trip cost for trading a Forex currency pair of at least 0.8 pips without commission with the Prime Account offering at a minimum of 0.1 pips plus commission equivalent to 0.6 pips and a minimum deposit of $1 USD
| 🔎 Account | 💰 Min Deposit | 🔁 Spreads from | 💳 Commission |
| 🥇 ECN Standard | 📌 $1 USD | 0.8 pips | None |
| 🥈 ECN Prime | 📌 $2000 USD | 0.1 pips | None |
| 🥉 ECN Institutional | $20 000 USD | 📌 0.0 pips | 📌 None |
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 Fees, Spreads and Commissions Review – 9 Key Point Overview:
BlackBull Markets Overview
Overnight fees, otherwise known as swap fees or rollover fees, may be charged for positions held open for longer than a day. Blackbull Markets offers the option of an Islamic account to traders who are of the Muslim faith and who operate under Sharia Law.
Traders who are eligible for the Islamic account can follow the process of opening a Blackbull Markets live account and apply for the Islamic option after funding their trading account. This process takes between 1 to 2 business days.
Blackbull Markets does not offer traders spread betting and therefore spread betting fees are not applicable to this broker.
Blackbull Markets makes no mention of any deposit fees on their website, but withdrawal fees are waived as follows:
- Credit Card – 5.00 base account currency
- Neteller – 5.00 base account currency
- Skrill – 5.00 base account currency
- Bank Transfer – 20.00 base account currency
Blackbull Markets does not mention whether an inactivity fee or any other administrative fees are waived for account maintenance and management.
BlackBull Markets Safety and Security
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 Authority | FSA | Seychelles |
| 🥈 Financial Markets Act | FMA | RSA |
BlackBull Markets Minimum Deposit
The minimum deposit amount required to register a BlackBull Markets Professional live trading account is $500 USD. This minimum deposit amount required for Standard Account registration will depend on the payment system chosen.
| 🔎 Account Type | 🥇 ECN Standard | 🥈 ECN Prime | 🥉 ECN Institutional |
| 💴 Minimum Deposit | None | 2000 USD | 20'000 USD |
| 🚀Open an Account | 👉 Click Here | 👉 Click Here | 👉 Click Here |
BlackBull Markets Fees, Spreads, and Commission
BlackBull Markets’ Standard Account has a minimum round-trip cost for trading a Forex currency pair of at least 0.8 pips without commission.
The Prime Account has a minimum round-trip cost of trading the EUR/USD at a minimum of 0.1 pips plus commission equivalent to 0.6 pips. Thus, holders of these types of accounts will never pay less than 0.7 pips.
The Institutional Account has spread as low as zero and negotiable commission rates. This offers a competitive deal for large depositors with at least US Dollars 20 000 in funds. BlackBull Markets do not charge account inactivity fees.
| 🔎 Account | 💰 Min Deposit | 🔁 Spreads from | 💳 Commission |
| 🥇 ECN Standard | 📌 $1 USD | 0.8 pips | None |
| 🥈 ECN Prime | 📌 $2000 USD | 0.1 pips | None |
| 🥉 ECN Institutional | $20 000 USD | 📌 0.0 pips | 📌 None |
BlackBull Markets Deposit and Withdrawals
Depositing funds to a BlackBull Markets account is straightforward. Traders can use several methods including credit or debit cards, bank wire, FasaPay, Neteller, Skrill or UnionPay.
BlackBull Markets accept deposits in USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY, and ZAR. All payments are instant, except from Bank Wire, which takes one to three days to process.
For the withdrawal process, you can also use those methods, but if you are using Credit Card, Skrill, FasaPay, Neteller, or UnionPay, you can only withdraw an amount up to what you have deposited via that method.
Additional profits can only be sent via Bank Wire to a bank account and you must be able to prove ownership of that account.
BlackBull Markets strives to process all withdrawals within 24 hours. BlackBull Markets does not charge for sending payments, but transfer fees are applied by remitting banks or providers.
Once a bank transfer withdrawal has been approved and processed, it may take three to five days more for the money to arrive in your account.
BlackBull Markets Customer Reviews
Awesome support every time without…
Awesome support every time without fail.Really happy overall.Thanks team!
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.
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 Pros and Cons
| ✅Pros | ❌Cons |
| No Commission Fee on the ECN Standard Account | Withdrawal Fees may apply |
| Wide Variety of Education and Research | High Minimum Deposit required on the ECN Prime Account |
BlackBull Markets Conclusion
Overall, BlackBull Markets’ Standard Account has a minimum round-trip cost for trading a Forex currency pair of at least 0.8 pips without commission with the Prime Account offering at a minimum of 0.1 pips plus commission equivalent to 0.6 pips and a minimum deposit of $1 USD
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
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Frequently Asked Questions
How does Blackbull Markets trading fees compare to similar brokers?
Fees charged by Blackbull Markets are higher than those of similar brokers.
Does Blackbull Markets charge a commission?
Commissions are charged on both the ECN Prime Account and the ECN Institutional Account. ECN Prime commissions are US Dollar 6 round turn per lot and the ECN Institutional Account has negotiable commissions.
Does Blackbull Markets charge inactivity fees?
No, the broker does not charge inactivity fees on dormant accounts.
Does Blackbull Markets offer leverage?
Blackbull Markets offers maximum leverage of up to 1:500 on all the account options available.
What spreads can I expect with Blackbull Markets?
Spreads from as little as 0 pips when choosing an ECN Institutional Account. The spreads will be determined by the type of live account you choose to register.
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