This profile is built from public sources. Each licence row below shows whether our team has checked it against the regulator's register yet. Always confirm on the register yourself before you deposit.
BlackBull Markets is a New Zealand broker offering ECN-style accounts on all the major third-party platforms. International clients are served from Seychelles.
Serving you from: BBG Limited — FSA Seychelles #SD045 Tier 3 (offshore)
Strengths
- Licensed derivatives issuer in New Zealand
- MT4, MT5, cTrader and TradingView
- No minimum deposit on the entry account
Weaknesses
- No tier 1 licence in the group
- Most clients are served by its Seychelles entity
- Founded in 2014
Best for: Traders who want ECN pricing with a wide choice of platforms.
Visit BlackBull MarketsOfficial site · we earn no commission here Compare
Key facts
- Founded
- 2014
- Headquarters
- New Zealand
- Publicly listed
- No
- Group regulators
- FMA, FSA Seychelles
- Min. deposit
- $0
- Platforms
- MetaTrader 4, MetaTrader 5, cTrader, TradingView
- Execution
- ECN
- Copy trading
- Yes
- Islamic account
- Yes
- Demo account
- Yes
Regulation and legal entities
A broker brand is usually several companies. The one you open an account with decides your leverage limit, whether you have negative balance protection, and which compensation scheme, if any, covers you.
| Legal entity | Regulator | Licence no. | Max. leverage | Our check |
|---|---|---|---|---|
| Black Bull Group Limited New Zealand | FMA Tier 2 | FSP403326 | Varies | Not yet verified by us Open register |
| BBG Limited Seychelles | FSA Seychelles Tier 3 (offshore) | SD045 | Varies | Not yet verified by us Open register |
Accounts and fees
| Account | Pricing | EUR/USD spread from (advertised) | Commission per lot, round turn | Min. deposit |
|---|---|---|---|---|
| ECN Standard | Spread only | 0.8 pips | — | $0 |
| ECN Prime | Raw spread + commission | 0.1 pips | $6.00 | $2,000 |
Figures in this table are the broker's own advertised conditions, not our measurements. Advertised “from” spreads are best-case values.
Spreads we measured
We have not measured live spreads for this broker yet. Until we do, cost does not count towards its rating.
Platforms and execution
BlackBull Markets offers MetaTrader 4, MetaTrader 5, cTrader, TradingView. Execution model as described by the broker: ECN.
Deposits and withdrawals
We have not run our own deposit and withdrawal test with this broker yet. When we do, the log appears here with dates and times.
Country availability
Pick your country at the top of the page to see which BlackBull Markets entity would serve you.
Not accepted, according to the broker: United States.
Alternatives with a shared regulator
| Broker | Trust Score | Your entity & regulator | Min. deposit | Platforms | |
|---|---|---|---|---|---|
| CMC Markets Since 1989 · LSE: CMCX | 91/99 | FCA #173730 CMC Markets UK plc | $0 | Own platform, MetaTrader 4, TradingView | Review Visit CMC MarketsOfficial site · we earn no commission here |
| Plus500 Since 2008 · LSE: PLUS | 62/99 | FSA Seychelles #SD039 Plus500SEY Ltd | $100 | Own platform | Review Visit Plus500Official site · we earn no commission here |
| eToro Since 2007 · NASDAQ: ETOR | 56/99 | FSA Seychelles #SD076 eToro (Seychelles) Ltd | $50 | Own platform | Review Visit eToroOfficial site · we earn no commission here |
Trust Score and regulator are shown for the legal entity that serves your country. Change country at the top of the page.
Frequently asked questions
Is BlackBull Markets regulated?
BlackBull Markets operates through 2 legal entities in our database, holding licences or registrations with: FMA, FSA Seychelles. Which entity you sign up with depends on where you live, and so does the protection you get. Check the licence number on the regulator's own register before you deposit.
What is the minimum deposit at BlackBull Markets?
BlackBull Markets advertises a minimum first deposit of $0 on its entry-level account. The amount can differ by entity, account type and payment method.
Which trading platforms does BlackBull Markets offer?
BlackBull Markets offers: MetaTrader 4, MetaTrader 5, cTrader, TradingView. Platform availability can vary between its entities.
Is BlackBull Markets a safe broker?
No broker is risk-free. Our Global Trust Score for BlackBull Markets is 28 out of 99. The score reflects the regulator tier of the entity that serves you, the group's other licences, company structure and track record. It says nothing about whether trading will be profitable for you.