It doesn’t matter what your investment size is, all clients get an institutional level of treatment, regardless of your background. They are constantly furthering and bettering their brokerage service to the benefit of their clients. If you are still unsure whether they are a suitable option, you could always open a demo account and download the MT4/MT5 platform to see if they meet your expectations. The institutional account requires a minimum deposit of $20,000 and has customisable server options.

  1. They simplify the whole process and are always available to help with anything you need.
  2. Select one or more of these brokers to compare against BlackBull Markets.
  3. Regrettably, BlackBull Markets limits its demo account to just 30 days, and it is only available on the MT4 trading platform.
  4. Instead, this fintech company uses the electronics network to match forex and CFD buyers and sellers, removing conflicts of interest.

Experience BlackBull Markets’ institutional trading conditions combined with MetaTrader 5 (MT5), the world’s leading premier trading platform. Experience BlackBull Markets’ institutional trading conditions combined with MetaTrader 4 (MT4), the world’s most popular trading platform. BlackBull allows traders to deposit any amount they wish following the initial minimum deposit. Opening an account at BlackBull Markets is acceptably quick and follows the normal standard in the retail Forex industry. I found some of the additional questions unnecessary, as traders can fill them out as they wish, and there is no verification of the answers. BlackBull Markets includes the account verification with the account opening form, which I like, as it is a requirement and saves traders the extra step from the back office.

https://xcritical.online/ also supports API trading and offers VPS hosting, making it ideal for advanced algorithmic trading. The asset selection, especially for equity traders, ranks among the top 5 brokers within the retail Forex/CFD industry. The minimum deposit for the ECN Prime account of $2,000 is a bit high but remains acceptable. Overall, the core trading environment is outstanding, and I rank BlackBull Markets as a leading choice for demanding equity traders, asset managers, and Forex traders. BlackBull Markets is proud to offer clients the option to Trade directly in TradingView, the world’s leading charting and social trading platform.

BlackBull Markets offer energies such as natural gas and oil with a low-cost pricing model and flexible leverage. Although the Autochartist tool is great, it is not unique to BlackBull Markets. They work with plenty of other brokers if this software is something you would find useful. In addition to this, they have a strict Anti-Money Laundering (AML) & Counter Financing of Terrorism (CFT) policies. This are to ensure that business practises are run ethically and above board. They are constantly striving to uphold the highest levels of conduct and operational standards with a well-constructed supervisory framework in place to actively protect your funds.

BlackBull Markets Editor’s Verdict

BlackBull Markets have three dedicated state of the art Equinix servers located as close as physically possible to the three major exchanges for instantaneous market access. This gives the lowest achievable latency regardless of where you are located around the world. There is an ECN Bridge Equinix NY4 located in New York, an ECN Bridge Equinix LD4 in London and ECN Bridge Equinix TY3 in Tokyo.

The xcritical reviews MT4 is connected to the NY4 Equinix server that is located on Wall Street and can execute trades from 2-5 milliseconds. This server allows you to directly trade the markets with a vast array of liquidity providers supplying the best bid/ask prices available, with less slippage and tight spreads. You can study the markets using your own strategy templates to find signals. Whatever your prior experience, you should not have any problems entering and exiting positions in the market.

An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). If you sign up with BlackBull Markets, you can choose from three accounts, Standard, Prime and Institutional. There is no commission, but the spread, at $0.8, is significantly higher than the spreads on the other two accounts.

It prides itself on speed and precision, promising traders ECN/NDD execution with deep liquidity through the MT4/MT5 trading platforms. I have conducted an in-depth review to determine if their advertised ECN, deep liquidity, and price aggregation, as well as institution-level pricing for retail traders, lives up to the hype. BlackBull Markets are expanding at a rapid pace, picking up multiple awards along the way.

They have a great selection of over 26,000 tradeable assets with something for everyone to trade. For example, the addition of quizzes and progress tracking features could help BlackBull further improve its educational offering for retail traders. Also available is TradingView, a popular trading platform that delivers a range of powerful charting functions and robust analysis tools.

Account Comparison

Its wide range of financial assets and supported platforms gives traders plenty of choices. BlackBull Markets has a forex investing education library, neatly divided into Beginner, Intermediate and Advanced sections. Videos demonstrate how to use and customize the MT4 trading platform and create templates. Users can access an economic calendar, but the analytical tools are limited and not as advanced as those provided by some of the competing platforms. Whilst the overall look and feel remains the same, MT5 has more timeframes, depth of market pricing, additional indicators, a multi-currency strategy tester with tick data and much more. Whilst MT4 should be sufficient for most forex traders, MT5 is considered a better option for anyone who is looking to trade stocks.

Popular Forex Broker Reviews

Copy trades or lead followers with the BlackBull CopyTrader platform. Trade directly in TradingView, the world’s leading charting and social platform.

Myfxbook is a popular social trading platform that allows users to discuss, analyse, track, and compare their trading actions. In addition to putting yourself up as the principal trader in an auto trading network, you can use Myfxbook to set up auto-trading to follow your chosen traders. The Myfxbook interface’s usability and intuitive design simplify use and common sense inputs and outputs.

Off Benzinga’s Most Powerful Trading Tools

Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights, in the commission based BlackBull Markets trading account. One of the most ignored trading costs is swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs. Here is a screenshot of the BlackBull Markets MT4 trading account during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads. Rates, terms, products and services on third-party websites are subject to change without notice.