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 Offered | Standard / Extended |
🚀 Open an Account | 👉 Click Here |
BlackBull Markets Islamic Account Review – 8 Key Point Overview:
BlackBull Markets Overview
BlackBull Markets have created a swap-free account that operates in full compliance with Sharia Law and is offered as a variant of the Standard, Prime, and Institutional Accounts, with all the great features of the regular account types.
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 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 Offered | Standard / Extended |
🚀 Open an Account | 👉 Click Here |
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”
2. Step 2: Complete the Registration
Complete all the personal information requested.
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 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
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 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.
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Frequently Asked Questions
Which platforms are supported by Blackbull Markets accounts?
MT4, MT5, and FIX API.
Does Blackbull Markets offer leverage on Islamic accounts?
Yes. Blackbull Markets offers maximum leverage of 1:500.
What spreads can I expect with the Blackbull Markets Islamic account?
Spreads from as little as 0.1 pips when using the ECN Prime Account.
Does Blackbull Markets charge a commission on the Islamic account option?
Traders are subjected to commissions of US Dollar 6 round turn per lot when using the Prime Account.
Are there additional charges on the Islamic account?
No, Muslim traders are exempted from paying interest but are still subjected to standard trading and non-trading fees when converting either the Standard or the Prime Account to that of an Islamic Account.