BlackBull Markets

Founded 2014 · Auckland, New Zealand

BlackBull Markets

New Zealand broker offering raw ECN pricing across MT4, MT5, cTrader, and TradingView with no minimum deposit and a large tradable instrument range, regulated by the FMA (NZ).

At a glance

$0Min. deposit
1:500Max. leverage
0 pipsSpreads from
4Platforms
2Regulators
6Instruments
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24h uptimeLatency

About BlackBull Markets

BlackBull Markets is a New Zealand broker founded in 2014 and headquartered in Auckland, New Zealand.

It is regulated by the New Zealand FMA and the Seychelles FSA.

Trading is offered on MetaTrader 4, MetaTrader 5, cTrader and TradingView with raw ECN pricing across forex, indices, commodities, shares, metals and crypto CFDs, and there is no minimum deposit. The ECN Prime and Institutional accounts offer EUR/USD from 0.0 pips plus a per-lot commission, while the Standard account runs spread-only from around 0.8 pips; leverage reaches up to 1:500 via the Seychelles/global entity, as the FMA does not impose the 1:30 retail cap seen in the UK and EU.

With a large tradable instrument range and a FinPip rating of 4 out of 5, BlackBull Markets suits traders who want raw ECN pricing and a wide platform choice, though its primary leverage runs through the offshore entity.

Regulation & Safety

  • FMA (NZ)
  • FSA (Seychelles)
Founded: 2014Headquarters: Auckland, New Zealand

Key facts

Fees & Spreads

Min. deposit
$0
Spreads from
0 pips (EUR/USD)
Leverage
Up to 1:500 via the FSA (Seychelles)/global entity; the FMA (NZ) does not impose the 1:30 retail cap seen in the UK/EU.

Spread notes: ECN Prime/Institutional accounts: EUR/USD from 0.0 pips plus a per-lot commission; Standard account runs spread-only from around 0.8 pips.

Platforms

Instruments
  • Forex
  • Indices
  • Commodities
  • Shares
  • Metals
  • Crypto CFDs

Pros

  • MT4, MT5, cTrader, and TradingView with raw ECN pricing
  • FMA (NZ) regulated with no minimum deposit
  • Large tradable instrument range

Cons

  • Primary leverage via offshore (Seychelles) entity
  • Lighter regulation than FCA/ASIC tier-1 brokers
  • Tightest spreads require a commission account

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