BlackBull Markets India Review
Blackbull Markets launched its operations through Auckland, New Zealand, in 2014. The broker focuses on offering assets to retailers with many years of institutional forex experience. BlackBull Markets Forex has enabled multiple trading solutions as a financial services provider to combine strong trading performance with competitive pricing with proprietary software. India accepts BlackBull Markets trading platform as a legal Broker. Read this BlackBull Markets India Review to learn more and trade with BlackBull Markets in India.
Also, Blackbull Markets was established as a prime broker that offers retail trading solutions and maintains its trading facilities between world trade centers, including London, the UK, and Malaysia, in contrast to global exposure. Numerous possibilities include various terms, business resources supported by learning materials, and programs for active Indian Traders.
In addition to various solutions for retailers, there is also an institutional account, Money Manager, and professional services for MAM and PAMM accounts. Blackbull Markets is a multi-asset trading platform with over 60 assets.
Blackbull Markets is a multi-asset platform with 60+ tradable assets. Assets available in the Black Bull Market include Forex Trading, CFD Trading, Spread Betting, Social Trading, and Share Dealing. It is one o the popular Forex Brokers in India providing trading services on multiple types of financial assets. An asset in financial investment is a security or asset, real or implicit, with a monetary value attached. For example, forex trading, CFD trading, spread betting, social trading, share dealing are considered financial assets.
BlackBull Markets Regulation and Licensing
We have examined, regulated, and supervised the Black Bull Markets by reputed global regulators. Indian traders can check the supervisory and regulatory agencies of BlackBull Market. The regulation gives you some shelter for those with Blackbull Markets problems. For example, the regulatory authority protects Indian Traders with repayment schemes that recover client investments when the broker goes bankrupt.
Brokerage firms must adhere to various rules and criteria for licensing, as determined by the recognized international authority for trading and licensing purposes. BlackBull Markets is the whole concept of regulation to protect Indian Traders and provide a trading environment. Therefore, financial control and license approval are essential.
- Financial Services Providers Register (FSPR)
- FSPR number: FSP403326
Blackbull markets are regulated in New Zealand and overseen by reputable financial regulators. Government regulatory agencies monitor BlackBull Markets’ behavior and take action if anything goes wrong. Therefore, before trading online with a broker like Blackbull Market, you should make sure that they are legitimate online agents.
- Year Founded: 2014
- Minimum Deposit for ECN Account: $200
- Minimum Trade: 0.01 Lot
- Low spread ECN Accounts
- Demo Account: MT4 and MT5 Demo
BlackBull Markets India Review – Is BlackBull Markets a Global Broker?
Yes, Blackbull Markets Forex broker is a global brokerage firm because Blackbull Markets are available in more than 178 countries.
Blackbull Markets is an online global trading platform in the sense that it operates in 178 countries, including Europe, Asia, Oceania, and Africa. Major countries covering the Black Bull market are the United Kingdom, Germany, Australia, South Africa, Thailand, and China. The Blackbull Market has over 100,000 traders from different countries.
BlackBull Markets Review India – BlackBull Markets Awards
Blackbull Markets has won many industry awards by working as a financial broker for 8 years. Below we list the most notable awards and mentions for the Black Bull market.
Uses the Award-Winning MetaTrader 4 Platform
BlackBull Markets Review India – Fees Explained
- BlackBull Markets withdrawal fees vary on the payment method
- It does not charge a fee for inactive accounts.
- BlackBull Markets does charge deposit fees.
Brokers offer state-of-the-art online trading platforms, mobile trading apps, financial research tools, and educational resources. A brokerage to maintain these services and to earn revenue as a company. Brokers may charge different trading fees from clients, which you need to be aware of as they can affect your bottom line.
BlackBull Markets Minimum Deposit
You must deposit a minimum of 200 GBP / USD / EUR in BlackBull Markets when opening a BlackBull Markets trading account. BlackBull Markets requires a minimal deposit to open a new online brokerage account.
Brokers like BlackBull Markets will not be intimidated by charging a minimum deposit to open a trading account. The Brokers who charge high minimum deposits offer additional premium services on their platform, which are not available for free on other platforms. BlackBull Forex Broker offer low minimum deposits and is more geared towards mainstream visitors without the need for advanced features and research tools.
Brokers who do not charge a minimum deposit usually attract new customers. They have to do it somehow, so the transaction commission and other trading fees can be higher with a minimal deposit account.
Brokers who require a minimum deposit amount offer an extensive range of trading features on their platform. In addition, these brokers often have more in-depth technical analysis and research tools and better risk management features.
As more and more online trading platforms enter the market, the minimum deposit requirement for opening a live trading account has decreased as a growing number of brokers are competing for new clients.
Depending on the type of trading account, you require a minimum deposit of 6500 GBP / USD for some brokers. However, some brokers can go up to 10,000 GBP / USD.
BlackBull Markets Withdrawal Fees
BlackBull Markets withdrawal fees vary depending on the withdrawal method you choose. Each broker has its own specific withdrawal rules on withdrawing your funds from your trading account.
Each brokerage firm will have a different withdrawal procedure, and each payment provider may have an additional transfer processing fee, processing time, and a potential currency conversion fee. The conversion fee depends on your original currency, the currency you accept, and your payer.
For example, BlackBull Markets allows you to raise funds through bank transfers, credit cards, Neteller, Skrill, UnionPay, RPNpay.
BlackBull Markets Review India – Inactivity Fees
Blackbull Markets does not charge any fee for inactive accounts. An Indian trader account inactivity fee is charged to a registered brokerage client. Brokers may have specific trading activity requirements that clients may have to meet, subject to the account terms. For example, an inactivity fee may be due if a client’s trading account does not have a sale within the time specified by the broker.
Inactivity fees are not specified for online trading accounts. However, many financial services companies may charge inactivity fees. Please visit the broker’s website and make sure you are aware and happy with all the services and fees you may be charged.
If you no longer use your trading account, close it with broker-client support. And ensure you have a confirmation that there are no outstanding fees.
Depending on the type of account you have signed up for, an inactivity fee may be charged only in certain circumstances. However, as part of the broker’s control, they must disclose any inactivity fees.
Some brokerage firms may charge inactivity fees as compensation for maintaining your trading account on their expensive trading platforms in an attempt to recover revenue for not having a commission fee from your trading.
BlackBull Markets Deposit Fees
BlackBull Markets does charge deposit fees.
You must review the deposit fee because some brokers may charge a fee when you deposit funds from your payment method into your trading account. This is because the payment method you use to make payments to your account may incur a fee. Fees can be a fixed fee when you deposit a specific Fiat coin into your account. For example, fees are higher when depositing funds from a credit card if your broker accepts funds into your account via a credit card.
BlackBull Markets Review India – Commission Fees
BlackBull Markets charges commissions on CFD instruments. In addition, a broker may charge a commission fee as a service charge to facilitate the purchase and sale of financial assets through your trading account.
A brokerage can make the most of its revenue by charging a commission fee on client transactions from registered Indian Traders. Commission fees may vary depending on the trading type, the type of financial asset, and the level of your trading account.
Broker commission is charged if the brokerage fills an order, cancels an order, or changes the order on your behalf. However, no commission is usually charged if your brokerage does not fulfill a market order.
Be aware that your brokerage may charge a commission fee if your order is changed or canceled.
What can you trade with BlackBull Markets?
Due to regulatory restrictions, various companies offer different trading instruments under the Blackbull Markets brand. As a result, trading instruments provided may vary depending on the client’s country of residence. In addition, the trading materials offered by Blackbull Markets may vary depending on the trading platform you want to trade.
You can trade various instruments with BlackBull Markets over 60 tools.
If you are searching for Forex brokers to trade currency pairs on global Forex markets, BlackBull Markets offers over 50 currency pairs.
BlackBull Markets Trading Platform Options
Once you have logged into BlackBull Markets, you will see the below trading platform options available to you.
BlackBull Markets India Review – MetaTrader 5 (MT5)
It offers MetaTrader 5 (MT5) trading platform. If you are searching for an online platform that supports MT5, visit Blackbull Markets India.
BlackBull Markets does not offer a cTrader trading platform. You can find a broker that supports cTrader on Forex Brokers India review page.
Let’s take a closer look at each of these trading platforms and what options the Blackbull market offers you. Blackbull Markets MetaTrader 4 (MT4)
BlackBull Markets Review India – MetaTrader 4
MetaTrader 4, is also known as MT4, is the world’s number one trading platform and has been actively used in the financial markets since 2005. The MetaTrader 4 software provides a feature-rich, user-friendly interface and a highly customizable trading environment to meet your trading needs and increase trading performance. In addition, charting functionality and advanced order management tools ensure that you can monitor your positions quickly and economically.
Traders must understand that the MetaTrader 4 (MT4) trading platform was created to trade Forex, but you can also trade other financial instruments through CFD and spread betting. Traders cannot trade indices, stocks, commodities, ETFs, futures on any MetaTrader 4 platform unless they are CFD contracts or spread trades. In addition, traders will not own any underlying assets with CFDs or spread bets because they speculate on price movements with the Blackbull market. Indian Traders can learn more about the MT4 platform here.
Traders can start using the MetaTrader 4 platform with BlackBull Markets in multiple formats, including an online web platform. Through a downloadable application for Windows PC and Apple Macintosh computers. MetaTrader 4 is compatible with the latest macOS Mojave in BlackBull Markets. Additionally, blackbull Markets allows merchants to trade on mobile devices via Android and iOS devices, such as the iPhone.
Mobile Trading Platform
Nowadays, it is almost impossible to imagine trading without a mobile trading platform. It allows you to monitor the situation and stay up to date whenever possible. The BlackBull Markets mobile platform satisfies you with various technical analyses and charts alternative features.
Also, BlackBull VPS Server makes it possible to take advantage of the added benefits and additional fixed API trading capabilities so that you always have the option to deploy your strategy optimally.
BlackBull Markets Review India – Auto Trading
While there is no need to delve deeper into the specifications of each platform, generally, we should say a BlackBull platform is an excellent software for manual or automated trading. There are no restrictions on the use of EAs, no scalping or hedging techniques, so you can get the most out of the execution of Blackbull technology and extensive education, depending on you.
Moreover, you can access social transactions through leading software, including Zulu Trade and Myfxbook.
Blackbull has made it comfortable in terms of customer support so that its merchants are supported and satisfied with any move.
You can mention the support and rely on quality service if you have any concerns or questions. In contrast, the support team is accessible via live chat, international phone lines, and support emails to world centers.
In addition to the advanced and competitive offers we discovered in our review, Blackbull also supports educational resources suitable for businesses of all levels. For example, there are trading videos, guides, and trading dictionaries to get good quality information. Also, Blackbull Markets runs its trading blog with market overview, analysis, and research materials to support your ongoing trading process.
Packed research tools, provided by advanced MetaTrader capabilities, including technical analysis, trading ideas, and other capabilities, are available on BlackBull.
BlackBull Markets Review India – Conclusion
Overall, Blackbull Markets offers a wide range of Indian Indian Traders worldwide. In addition to its controlled environment, the broker is also a broker that offers advanced capabilities with competitive conditions in the market provides and allows high leverage ratios. There are a variety of trading styles supported, including trading techniques, platforms, or a program to use, so in our opinion, BlackBull Markets is a broker to consider.
The BlackBull Markets Forex Trader FAQs
Here are some FAQs related to the BlackBull Markets Forex Trader:
Is BlackBull Markets legit for UAE Indian Traders?
Yes, it is indeed safe for trading and legit for Indian Traders.
How to Open a Trading Account with BlackBull Markets?
Opening an account here, Indian Traders need to follow some steps.
The start steps are mandatory for all Indian Traders. Then, they can head to the brokers site and learn more about the account opening process.