BlackBull Markets Review 2026
New Zealand ECN broker with 26,000+ instruments
Min. deposit
$0
Max leverage
1:500
Spread from
0.0 pips
Platforms
MT4, MT5, cTrader
Our score
Excellent
Visit BrokerCFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 70% and 85% of retail investor acco…
Our verdict
BlackBull Markets is a fast, modern ECN broker with outstanding platform choice and an enormous market range. It is a strong pick for TradingView users who want raw pricing.
Best for: TradingView traders
BlackBull Markets at a glance
BlackBull Markets is an ECN broker headquartered in Auckland, offering institutional-grade execution, a huge share-trading universe and integration with TradingView, cTrader and MetaTrader.
Rating breakdown
Weighted scores from our broker methodology
Pros and cons
Pros
- 26,000+ instruments including global shares
- TradingView, cTrader and MetaTrader
- Fast ECN execution
- 24/7 support
Cons
- Fewer regulators than top rivals
- Withdrawal fees on some methods
- Education is limited
Key facts
- Founded
- 2014
- Headquarters
- Auckland, New Zealand
- Minimum deposit
- $0
- Maximum leverage
- 1:500
- Spreads from (EUR/USD)
- 0.0 pips
- Commission (raw / ECN account)
- $3.00 per side per lot (ECN Prime)
- Execution model
- ECN, NDD
- Trading platforms
- MetaTrader 4, MetaTrader 5, cTrader, TradingView, Mobile App
- Markets
- Forex, Indices, Commodities, Metals, Energies, Stocks, ETFs, Crypto
- Number of instruments
- 26,000+
- Regulators
- FMA, FSA (SC)
- Restricted countries
- USA, Iran
- Deposit methods
- Bank Transfer, Credit/Debit Card, Skrill, Neteller, Crypto, UnionPay
- Withdrawal processing time
- Within 1 business day
- Support hours
- 24/7
- Website
- blackbull.com
Account types
| Account | Min. deposit | Spread | Commission | Leverage |
|---|---|---|---|---|
| ECN Standard | $0 | From 0.8 pips | None | 1:500 |
| ECN Prime | $0 | From 0.1 pips | $3.00 / side | 1:500 |
| ECN Institutional | $20,000 | From 0.0 pips | $2.00 / side | 1:500 |
Is BlackBull Markets safe and regulated?
BlackBull Markets is authorised by 2 financial regulators: FMA (New Zealand) and FSA (SC) (Seychelles).
Its licences come from mid-tier regulators that enforce solid standards, although protections are generally lighter than under tier-1 authorities such as the FCA or ASIC.
Client protections include segregated funds and negative balance protection.
Note that BlackBull Markets does not accept clients from USA and Iran.
FMA
Financial Markets Authority · Tier 2
FSA (SC)
Financial Services Authority · Tier 3
Fees, spreads and commissions
Spreads at BlackBull Markets start from 0.0 pips on EUR/USD, while the typical spread on the standard account is around 0.8 pips.
Commission on raw or ECN-style accounts: $3.00 per side per lot (ECN Prime).
The minimum deposit is $0 — there is no minimum to open an account.
Funding fees: $5 withdrawal fee on some methods.
Trading platforms and markets
BlackBull Markets supports MetaTrader 4, MetaTrader 5, cTrader, TradingView and Mobile App.
Advanced traders benefit from copy trading, expert advisors and algorithmic trading and free vps.
You can trade 26,000+ instruments across forex, indices, commodities, metals, energies, stocks, etfs and crypto.
Execution model: ECN and NDD.
Deposits and withdrawals
Supported funding methods include Bank Transfer, Credit/Debit Card, Skrill, Neteller, Crypto and UnionPay.
Withdrawal processing time: Within 1 business day.
Accounts can be opened in USD, EUR, GBP, AUD, NZD, CAD, JPY and SGD.
Customer support
Customer support is available 24/7 via live chat, email and phone.
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BlackBull Markets FAQ
Is BlackBull Markets regulated?
Yes. BlackBull Markets is regulated by FMA and FSA (SC).
What is the minimum deposit at BlackBull Markets?
The minimum deposit at BlackBull Markets is $0.
Which trading platforms does BlackBull Markets offer?
BlackBull Markets offers MetaTrader 4, MetaTrader 5, cTrader, TradingView and Mobile App.
Does BlackBull Markets offer Islamic (swap-free) accounts?
Yes, BlackBull Markets offers swap-free Islamic accounts on request.
How long do withdrawals take at BlackBull Markets?
Withdrawals at BlackBull Markets are typically processed within 1 business day.
What is the maximum leverage at BlackBull Markets?
Maximum leverage is 1:500, depending on the entity, account type and your location. Retail clients in the UK, EU and Australia are usually capped at 1:30.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 70% and 85% of retail investor accounts lose money when trading CFDs. Consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.