BlackBull Markets is legitimate and operates globally. This online trading platform is authorized by many credible regulatory bodies worldwide. In addition to that, it has been awarded many prestigious awards by some of the top brands in the world, including Deloitte as you’ll see later in this honest BlackBull Markets broker review.
| Company | BlackBull Markets |
| Headquarters | New Zealand |
| Website | www.blackbull.com |
| support@blackbull.com,compliance@blackbull.com, and partners@blackbull.com. | |
| Telephone Numbers | New Zealand toll free(0800 BB Markets), New Zealand(+64 9 558 5142), Cyprus(+357 22 279 444), Argentina(+54 113 986 0543), and Mexico(+52 338 526 2705). |
| Services | Online trading brokerage. |
| Operations | Global. |
| Markets | Forex, equities, commodities, cryptocurrencies, indices, and futures. |
| Minimum Deposit | Between $0 and $20,000, depending on the account type. |
| Commission | Between $0 and $6 per lot, depending on the account type. |
| Leverage | Up to 1:500. |
| Trading platforms | MetaTrader 4, MetaTrader 5, Blackbull Copytrader, cTrader, and TradingView. |
| Payment Options | MasterCard, Visa, bank transfers, and electronic payments(such as Neteller, Skrill, AstroPay, and AIRTM). |
A BlackBull Markets account comes with a comprehensive range of tools necessary to trade efficiently and competitively. These tools include the BlackBull Markets MT5—a powerful trading platform, and BlackBull MT4—a popular trading platform, respectively. Here’s evidence showing that BlackBull Markets is a legitimate online trading platform:
1. The Financial Markets Authority (FMA) Of New Zealand
The Financial Markets Authority(FMA) of New Zealand is New Zealand’s chief regulatory body for financial services providers. As such, it oversees all online trading brokerage firms operating in the country.
The entities or individuals licensed or authorized by the FMA are listed on this page, which includes many entities and individuals with BlackBull Markets being among them. You can see that in the screenshot below:
2. The Financial Services Authority(FSA) of the Seychelles
Similarly, BlackBull.com is registered and authorized to operate in the Seychelles as a securities dealer by the Financial Services Authority of the Seychelles as you can see in the screenshot below.
When an entity is registered by the FSA of Seychelles, it means that the firm is legitimate and trustworthy. Such a company has met all the regulatory requirements set by the FSA of Seychelles. These requirements include corporate governance, compliance and reporting, client fund segregation, conduct of business, as well as professional and ethical standards. You can find out more about them by going to this page on the authority’s website.
3. BlackBull Markets Has Been Awarded Many Times By Deloitte
Besides being authorized by several regulatory bodies across the globe, BlackBull Markets has been recognized through the Deloitte Technology Fast 50 program. The broker has been listed in the Deloitte Fast 50 Index for three consecutive years, specifically in 2018, 2019, and 2021 as you can see in the screenshots below:
The Deloitte Fast 50 Index for New Zealand highlights the fastest-growing companies in New Zealand based on their revenue growth over the past three years
To verify this information, and for more, you can visit Deloitte’s New Zealand Fast 50 Index page here.
4. BlackBull Markets Reviews On Trustpilot
Additionally, BlackBull Markets has garnered an overall trust score of 4.5 out of 5 from 257 customer reviews on Trustpilot as shown in the screenshot image above. Such a trust score suggests a high level of reliability. It indicates high credibility, low risk, customer satisfaction, and generally a strong reputation. The reviews generally show that BlackBull Markets at least meets, if not exceeds, customers’ expectations.
Report a Scam To Your Financial Services Regulator And Initiate The Fund Recovery Process Below
Have you fallen victim to a scam? If so, and you have proof(i.e. payment and communication records), you can report your case to the regulator of financial services providers in your market jurisdiction. To do so, send us an email to scamread@scamreader.info.
Final Thoughts
Is BlackBull Markets, which operates under the domain blackbull.com legitimate and trustworthy? The short answer is YES.
Headquartered in New Zealand, this online trading platform operates globally, serving clients from many countries. It’s regulated by many regulatory authorities including the FMA of New Zealand and the Financial Services Authority of the Seychelles. This is a good indication that it’s a legitimate online trading platform you can trust. After all, an online trading brokerage regulated by many financial services regulators globally is certainly legitimate and trustworthy. To sum up, I recommend BlackBull Markets as a securities dealer. Go ahead and give it a try if you are looking for a reliable trading platform.