BlackBull Markets review
Regulation, trading conditions, fees, platforms and user experiences
Also known as BlackBull
Editorial review updated 26 August 2026 · Broker data checked 26 August 2026
- Editorial score
- 7.7/10How we scored BlackBull Markets
- User rating
- No user ratings yet
- Regulatory status
- FMA (New Zealand)FSA (Seychelles)
- Country
- New Zealand
- Established
- Established 2014
- Website
- blackbull.com
BlackBull Markets may have a commercial relationship with 88 Forex Brokers. Paid placement is labelled separately and does not allow payment alone to determine the editorial score.
BlackBull Markets is a forex and CFD broker associated with New Zealand. This profile reviews its regulatory records, trading conditions, platforms, fees and available user reports.
BlackBull Markets sits below the standard we would recommend without reservation. Regulated by New Zealand FMA (FSP403326); Seychelles FSA (SD045), offering MetaTrader 4, MetaTrader 5, TradingView, cTrader, BlackBull Invest. What follows is drawn from the broker's own published material and covers the things that decide the account you end up with: who oversees them, what trading actually costs, and where the compromises sit.
BlackBull Markets at a glance
- Broker name
- BlackBull Markets
- Established
- 2014
- Headquarters
- Auckland, New Zealand
- Legal entities
- Black Bull Group Limited
- Regulatory status
- Regulated
- Minimum deposit
- $0
- Maximum leverage
- 1:500
- Trading platforms
- MetaTrader 4, MetaTrader 5, cTrader, TradingView, Proprietary platform
- Markets offered
- Forex, Metals, Commodities, Indices, Shares, Cryptocurrency CFDs
- Account types
- ECN Standard, ECN Prime, ECN Institutional, Islamic, Demo
- Demo account
- Available
- Islamic account
- Available
- Customer support
- Live chat, email, phone, Help Centre, 24/7
- Official website
- blackbull.com
Our view of BlackBull Markets
BlackBull Markets stands out for an FMA (New Zealand) licence, raw spreads from 0.0 pips, a low minimum deposit of $0 and MetaTrader 4 and 5. The main issues to consider are no compensation scheme. Its suitability depends on the legal entity available in your country, the protection attached to that entity and whether its pricing and platform range match how you intend to trade.
Who BlackBull Markets may suit
BlackBull Markets may suit traders looking for a tier-one licence behind the account, raw spreads with a commission, a small first deposit and copy trading.
Who should consider alternatives
Consider alternatives if you require a compensation scheme, stronger regulatory protection or account terms that are not available through your local entity.
What stands out
- An FMA (New Zealand) licence
- Raw spreads from 0.0 pips
- A low minimum deposit of $0
- MetaTrader 4 and 5
- CTrader
- TradingView
- Copy trading
- Automated trading support
- API access
- Negative balance protection
- A wide range of markets
What to consider
- No compensation scheme
What traders report about BlackBull Markets
There are not enough eligible ratings to publish an aggregate user rating for BlackBull Markets.
- Open cases
- 0
- Broker responded
- 0
- Resolved
- 0
- Unresolved
- 0
Community metrics describe the published dataset and do not establish that every client will have the same experience.
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How BlackBull Markets scored
The editorial score is calculated from the broker information and assessment criteria described in our scoring methodology. It is separate from user ratings and sponsored placement.
Category scores may be unavailable where there is not enough reliable information. The overall score should not be treated as a guarantee of safety, performance or suitability.
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