BlackBull Markets Reviews Read Customer Service Reviews of blackbullmarkets com 2 of 8

To trust your money with a broker, you need to be sure that the broker is considered trustworthy. We, at BrokerChooser, only recommend regulated brokers, meaning https://limefx.club/ the broker’s operations are overseen by a trusted body. We will process your withdrawal in less than 24 hours and transfer your funds via your designated method.

• BlackBull Markets offers customer service through live chat, email, and telephone.
• When all is said and done, BlackBull Markets stands as perhaps the most reputable broker we have reviewed thus far.
• BlackBull Market is integrated with ZuluTrade and Myfxbook copy-trading platforms, recently TradingView web platform was connected as well.
• Even the market depth and tick-chart are supported by the software.

The withdrawal process is generally quick and hassle-free, but some withdrawal methods come with transfer fees, which you will have to cover. Additionally, currency conversions will be charged with a 2% added conversion fee. When you do a withdrawal, it can take 1-3 days till the withdrawal is done by BlackBull Markets. For withdrawals, you can use the same methods as the deposit, but there are some fees for you. There is a service for professional clients and money managers (institutional service).

Mobile Trading Platforms

To withdraw funds from your account, you need to login to your BlackBull Account through the Secure Client Portal. In the Secure Client Area, under ‘My Wallet”, click the ‘Withdraw Funds’ button to begin submitting a withdrawal request. In May 2015, BlackBull Markets began operating as a broker in New Zealand. It was originally founded in New Zealand by a group of professional traders and financial experts.

Note that any withdrawals sent to your personal bank account must be in the same name as your MT4 account. The purpose of this article is to explain how to withdraw money from MT4 by explaining the entire process in detail and what you need to keep in mind before you make your first withdrawal. Had a few issues, however customer support was prompt and effective. It has been a bit of learning for me and the Blackbull support team has been very helpful with sorting out problems and answering questions.

BlackBull Markets Account Types Comparison

MT4 and MT5 allow you to trade with advanced charting tools, technical indicators, and expert advisors (EAs). You can also customize the platforms to suit your trading style and preferences, and access them from desktop, web, or mobile devices. Trading Forex, CFD, Binary Options, and other financial instruments carry a high risk of loss and are not suitable for all investors. 66-84% of retail investor accounts lose money when trading CFDs with the providers presented on this site.

BlackBull Markets withdrawal fees are high compared to other brokers, but no commissions are charged for deposits. You can fund with Bank Transfer, Fasapay Mastercard, Neteller, and Unionpay. BlackBull Markets attempts to complete each withdrawal request in less than 24 hours, which represents a speedy process. Once BlackBull Markets honors a withdrawal request, most online payment processors have instant or near-instant processing times, but bank wires can take several business days.

Trading Platform

However, it is important to note that negative balance protection does not guarantee profits or prevent losses. Traders should still be cautious and carefully manage their risk when trading with leverage or on margin. During testing, our team of researchers found the BlackBull Markets customer support team to be easily contactable, efficient and professional.

• FIX API allows institutional clients to bypass the BlackBull MT4 application and connect directly to the ECN grid using their own FIX.
• I opened a position on Xauusd, later on I tried to log in on Metatrade but I received a connection error, and my internet was working.
• BlackBull Markets offers the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, as well as highly customizable TradingView to its clients.
• All withdrawals from trading accounts must be made to bank accounts or a source account of the traders.
• Online trading has become increasingly popular over the years, and finding a reliable and trustworthy broker is crucial for success.

Most deposits are processed instantly, while withdrawals are typically processed within 24 hours. Through the ZuluTrade social trading platform, Blackbull clients can gain exclusive access to a vast pool of professional traders and trading systems. It lets users locate successful traders and follow their trades, which are translated into real trades in their accounts. Note that traders will have to contact Zulutrade directly about possible platform costs. In our review, we found that Blackbull’s mobile support is great compared to other similar brokers.

Introducing Brokers

However, it does support third-party social copy trading apps such as ZuluTrade and MyFxbook, as well as VPS hosting from BeeksFX for a monthly fee. In addition to MetaTrader, BlackBull Markets also offers TradingView and HokoCloud. BlackBull Markets does not have a proprietary mobile app, which puts it at a disadvantage compared to some other industry leaders that do offer a dedicated app.

You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. Opinions, market data, and recommendations are subject to change at any time. The financial products offered by the promoted companies carry a high level of risk and can result in the loss of all your funds.

By using the other accounts, you will get the raw spreads, but you have to pay a commission. Anything you submit, be it a withdrawal request or authorisation for either a deposit or withdrawal, could have an effect on the processing of your account. Brokers will usually be able to process your withdrawal request within one to five business days. However, there might be external factors beyond their control, such as public holidays, additional security measures, and banking processes in your country, that may cause delays.

So I couldn’t check the position and I ended up losing almost all of my Money. I’m not saying it’s the Company fault, I don’t know what happened, I only know that I Lost everything. We recommend BlackBull Markets to limefx scam traders who run scalping, hedging, and automated trading strategies. BlackBullMarkets Review found a section dedicated to trader education with 11 learn to trade videos, 5 trading guides and a trading glossary.