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BlackBull Markets Canada

(4.5 out of 5 stars from 875 Reviews)

$ 200,00

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If you are trying to find a reputable Forex broker with a high leverage, you will come across Blackbull Markets very quickly. Is this company trustworthy or not in Canada? – in the following Blackbull Markets Canada review, I will explain my experiences with the online broker to you. You will learn everything there is to know about the safety of the broker and conditions for Canadian traders.

Overall Rating

94.2%

"Best broker for Canadian Traders"

12/2023

Customer Support
92%
Great!
Banking Options
95%
fantastic!
Mobile Trading
91%
Great!
Payout Speed
97%
Exellent!
Demo Account
96%
Very Good!

Blackbull Markets Presented in Canada

Blackbull Markets is a pure ECN No Dealing Desk Forex Broker from New Zealand, which has been on the market since 2014. The company has just announced this year (2020) that they accept Canadian traders. The broker’s service ranges from private investors to professional traders.

blackbull markets review

The broker promises very good execution through various liquidity providers to Canadian traders. You can trade Forex and CFDs with a high leverage of up to 1: 500 at low fees. The aim of Blackbull Markets is to offer private investors the conditions of institutional investors paired with professional support via an online platform.

Blackbull Markets Facts:

  • Founded in 2014
  • Headquarters on Floor 22, 120 Albert Street. Auckland 1010, New Zealand
  • Canadian traders are welcome
  • ECN and No Dealing Desk Broker
  • Trading without a conflict of interest
  • Top conditions for traders

Blackbull Markets Regulation

Blackbull Markets is a registered company in New Zealand with company number 5463921. In addition to registering a company, every forex broker in New Zealand must also be registered for financial services. Blackbull Markets is listed in the Financial Service Provider Register (FSPR) with registration number FSP403326.

The forex broker is also a member of the dispute settlement procedure “Financial Service Complaints Limited (FSCL)” and complies with all anti-money laundering / anti-terrorist financing (AML / CFT) guidelines. In summary, Blackbull Markets is a complete company in New Zealand and there’s no risk of fraud for Canadians.

Customer Support

Support is available to customers 24 hours a day. Telephone, email and chat support is available. For beginners, trading tutorials and training videos are available on the website. Blackbull Markets staff can even assist you with software setup. The newsletter provides new market analyzes almost on a daily basis so that the trader can always generate new trading ideas. In summary, the broker offers good and professional advice for traders’ questions.

Support: Address: Phone number:
Mon – Fri (10:00 am – 11:00 pm NZT) by email, phone, chat BlackBull Markets
Floor 22
120 Albert Street
Auckland, 1010		 (+64) 9 558 5142

Security of client funds

The well-known ANZ Bank is used to store customer funds. This has a very good rating from various rating agencies. The broker keeps these funds separate from the company funds, among other things. Speculation or investments with customer funds are not allowed.

In addition, only regulated payment providers are used for deposits and withdrawals, which i will go into in more detail later. Many traders fear the obligation to make additional contributions to foreign brokers. At Blackbull, however, this has been abolished and you can’t go into debt. Additionally, the broker will automatically stop you if you have insufficient margin.

Financial security at a glance:

  • Customer funds are kept in the ANZ Bank
  • Separate accounts
  • No obligation to make additional payments

What can you trade at Backbull Markets?

According to my research, Blackbull Markets is a broker specializing in forex trading. For interested traders there are over 64 currency pairs available, which start with a spread of 0.1 pips. The execution is extremely fast because the broker is a partner of the large liquidity network of the banks. It is a No Dealing Desk Broker with ECN execution.

For example, in the picture below you can see the spreads:

Blackbull Markets Spreads

Traders can choose from different account models. There is the free demo account, ECN Standard, ECN Prime and ECN Institutional account. The higher the deposit at Blackbull Markets, the lower the company can set the trading fees. A maximum leverage of 1: 500 is available to every customer. The minimum deposit is a low $ 200, which may be transferred using various payment methods.

In addition to the currency pairs, indices, commodities and metals are also offered. These include Dax30, S & P500, gold, silver and OIL. Individual stocks can’t be traded on Blackbull Markets. In summary, the fast execution and low fees make the conditions perfect for Forex traders. The Dax can also be traded under 1 point spread.

Summary of Blackbull Markets Offerings:

  • Free demo account
  • Minimum deposit from $ 200
  • Over 64 currency pairs, stock indices, commodities and metals
  • Very good trading conditions with fast execution
  • High leverage up to 1: 500
  • Different account models

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