The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. If you are a high volume trader then you may be eligible for rebates and a more customised offering through the Active Trader Account. Even if trading in high volumes, https://xcritical.online/ you can still expect tight spreads and reliable execution speeds. If you want the latest MetaTrader platform that includes some more tools and functionalities, then you can consider FP Markets. That being said, MT4 should be more than enough for most traders so this is not really a deal breaker.

Once completed, the login details for the MT4 platform, which are different from those used to access the BlackBull site, are sent via email. This email was sent instantly, so there was no delay in accessing MT4 to try out trading. The MT4 platform can be downloaded in a format suitable for Windows, Mac, Android and iOS devices.

BlackBull Markets Broker Review

FIX is the code employed in the trading process to execute live orders at the exchange. FIX API allows institution users to skip the BlackBull MT4 application and connect directly to the ECN grid using the company’s FIX. The term “precious” refers to a naturally occurring chemical element with a high economic value. xcritical cheating The term “precious metals” is often used to refer to the most secure investments during periods of turbulent markets and volatility. Due to this, many experienced investors have at least a portion of their portfolios with precious metals. Some of them are Gold SPot Gold Futures, Silver Spot, and futures.

Some of our reviewed brokers & content involves margin products like CFDs. When creating the account you have 9 base currencies to choose from and depositing is free. Yes, BlackBull Markets is regulated by the FSA of Seychelles, ensuring a safe and secure trading environment for investors.

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It allows you to copy the trades of any system you select directly into your Blackbull MetaTrader 4 account. TradingView is free of charge for traders who open a live account and trade one lot per month or more. One of the best platforms on the market, it is an excellent tool for researching, charting, and screening any instrument. Since Tradingview is xcritically only offered by a small selection of brokers, we were pleased to discover that it is available at Blackbull.

• The very same standards apply in the case of this BlackBull Markets broker review.
• Nevertheless, gold and silver are risk-free investments and considered safe haven assets if there is any economic crisis.
• In the picture below you’ll see a screenshot of the desktop interpretation of the platform.
• With the development of the internet, the market has changed a lot and become available worldwide.
• Education and market analysis are also good compared to other brokers, and deposits and withdrawals are free.

If you are planning to use cards to deposit funds, you will need to upload a scanned image of your credit card for approval. To be eligible for such an account, traders must deposit at least $ 2,000. Despite this, this type of account is the most popular among brokers. The main account offers STP execution and spreads, starting from just 0.1 points. The cost of such generous terms of trade means a commission of $ 6 per lot. Trading conditions and execution (ECN/STP execution) are quite superb as well.

BlackBull Markets review

BlackBull Markets offers traders an excellent asset selection, placing it in the Top 5 brokers in the industry. Forex traders get 60+ currency pairs, but the bulk consists of 23,000+ equity CFD and the underlying asset for direct share dealing from 80+ global stock exchanges. It results in a broad-based choice of trading instruments ideal for demanding asset managers and long-term dividend income-generating portfolios.

The platform has the same design, is available in the same languages, offers the same order types (plus Trailing Stop), and has the same search functions as the web trading platform. The portfolio and fee reports are clear as well, and you can download them if you right click on the History tab and select “Save as detailed report”. Alerts and notifications are only available on the desktop trading platform.

BlackBull Markets trading platform MetaTrader 4

FXChoice are another broker who have Islamic accounts with a great selection of quick and easy funding options. Traders can diversify their portfolio and access global equity markets with Indices trading through a range of Index CFDs including AUS200, GER30, US30, SPX500, UK100 and JPN225. For those of you who are running more complex trading strategies and need direct market access with the best possible setup, there is a FIX API option also available. The company is based out of Auckland, New Zealand, which is home to a rapidly growing Fintech industry that is backed by the government.

The user-friendliness and ease of use built into the Myfxbook interface permit the use of common basic inputs and outputs. Myfxbook can be considered an affiliate of BlackBull Markets; as such, the MetaTrader 4 trading program is fully integrated into The Myfxbook system. As per our review, BlackBull Markets effortlessly integrated their MT4 trading account in MT5 with the well-known trading plug-in Autochartist. Autochartist is an analytical tool that uses a powerful pattern recognition program to detect potential market opportunities. You can apply Autochartist’s knowledge to your most popular instruments and begin receiving alerts whenever possible. BlackBull Markets has employees and technology that covers Australasia, Europe, North and South America, Asia, and Africa.

Are traders protected by negative balance protection?

Therefore, you can easily use BlackBull’s different liquidity providers and compare them through the constant process. BlackBull has five different data centers in different locations, including New York, Tokyo, London, Shanghai, and Hong Kong. When all is said and done, BlackBull Markets stands as perhaps the most reputable broker we have reviewed thus far. The trading community just likes these guys and that is quite priceless. In fact, reputation could well be considered the main selling point of this operator. In this instance, we asked for an update on the xcritical turnaround time for new account documents to be processed and got an answer to our question within three minutes.

BlackBull Markets can be tried out by potential traders, knowing that their fees are reasonably standard while trading conditions are very good. Forex broker services are also provided for institutional clients and large companies such as investment banks. Kyle Townsend is the founder of Forex Broker Report, an experienced forex trader and an advocate for funding options for retail forex traders. In summary, BlackBull Markets is a safe broker and a great one at that. They offer amazing ECN conditions, great execution, a range of perks, very cheap trading costs and have an amazing reputable within the industry. I’ve used so many various brokers over the last 5 years, searching for perfect, and now some of my capital is with BlackBull because of it’s truly unbeatable conditions and safety.