Home -
Original -
Main body -

WikiFX Express

IC Markets Global
XM
KVB
FXTM
Elite Capitals
Saxo
EC Markets
LiteForex
Neex
FXDD

Broker Review: Is BlackBull Safe to Invest? Is BlackBull a Scam?

BlackBull | 2024-12-04 20:00

Abstract:Founded in 2014, BlackBull Markets is a global forex broker. In today’s article, we are going to show you what BlackBull looks like.

Und.png

Please continue to read if you want to know whether BlackBull is a reliable forex broker.

In this article

WikiFX provides inquiry services in the forex field.

WikiFX evaluates the reliability of BlackBull based on the facts.

What is WikiFX?

WikiFX is an authoritative global inquiry platform that provides basic information and regulatory license inquiries.
WikiFX can evaluate the safety and reliability of more than 59,000 global forex brokers.
WikiFX gives you a huge advantage while seeking the best forex brokers. For more information, such as the review and exposure of brokers, please visit our website (https://www.WikiFX.com/en)

To explore whether BlackBull is a scammer, we evaluated this broker based on various aspects, such as regulatory status.

1. Evaluate the reliability of BlackBull based on its general information and regulatory status

image.png

To understand BlackBull better, we explore it by analyzing two main perspectives:

A. General Info of BlackBull

B. Regulatory Status

A. General Info of BlackBull

BlackBulls general info is shown below:

About BlackBull

According to its website, BlackBull Markets was founded in 2014 in Auckland, New Zealand by Michael Walker and Selwyn Loekman.

Since 2014, BlackBull Markets has served tens of thousands of traders from over 180 countries. It has established itself as a trusted and regulated ECN broker offering access to more than 26,000 tradable instruments including stocks, forex, CFDs, and commodities.

Account Type & Minimum Deposit

This broker offers three different types of accounts. They are the ECN Standard account, ECN Prime account, and ECN Institutional account. The minimum deposit for an ECN Standard account is $200; The minimum deposit for an ECN PRIME account is $2000; The minimum deposit for an ECN Institutional account is $20,000.

Leverage

BlackBull offers leverage of up to 1:500. It's recommended to use leverage wisely and only trades with funds you can afford to lose.

Trading Platform

BlackBull offers three choices of trading platforms, including the popular MetaTrader 4 and 5 platforms.

CopyTrader

BlackBull CopyTrader is an award-winning platform designed to connect traders to elite fund managers with a track record of success and proven trading strategies.

Traders can copy-trade with confidence on the BlackBull CopyTrader platform by using its advanced risk management features that let users determine exactly how they want to deploy their funds.

It can copy elite traders with a verified track record of trading. Leverage their expertise, tap into their market insights, and benefit from their proven track record.

B. Regulatory Status

What is a Legitimate License?

  • The legitimate license is the business license issued by the financial regulatory institution of each country/region.
  • Holding a license means that the broker is recognized and regulated by the regulatory authority, therefore your money is under protection to some extent.
  • Whether a forex brokerage firm holds a legitimate license or not is one of the important factors in evaluating the reliability of forex brokers.
  • The regulation's content and the difficulty of obtaining a license vary by country and agency issuing the license.

The legitimate license of BlackBull

According to WikiFX, BalckBull operates under a strong regulatory frame.

image.png
image.png
image.png
image.png

2. The feedback from X

To figure out whether X is a scam or not, we did a survey about this broker on X.

  • BlackBull has an official account on X. and it has around 13k followers.
  • There are many market analyses related to this broker on X. and most posters are positive toward it.
image.png

3. Recent Events

In June 2024, BlackBull Joins Starship Foundation as a Major Partner. BlackBull Markets partners with Starship Foundation, pledging sponsorship to support pediatric healthcare and vital services at New Zealand's national children's hospital.

BlackBull Markets Joins Starship Foundation as Major Partner

BlackBull Markets partners with Starship Foundation, pledging sponsorship to support pediatric healthcare and vital services at New Zealand's national children's hospital.
News 2024-06-04
相关内容

4. Special survey about BlackBull from WikiFX

A. Scoring Criteria

WikiFX gives brokers a score from 0 to 10. The higher the score is, the more reliable the broker is.

The Scoring Criteria of Brokers on WikiFX
License index: reliability and value of licenses
Regulatory index: license regulatory strength
Business index: enterprise stability and operational capability
Software index: trading platform, instruments, etc
Risk Management index: the degree of asset security

BlackBull has been given by WikiFX a decent rating of 7.76/10.

B. Field Investigation

  • To help you fully understand the broker, WikiFX also investigates the brokers by sending surveyors to the brokers physical addresses.
  • On WikiFX, you can visually check the physical addresses of brokers by pressing the “Survey” button.
  • WikiFX did make an on-site survey on BlackBulls address in Seychelles in 2024 and found its office.
image.png

5. Conclusion

All over, BlackBull is a sophisticated broker that offers excellent trading services to its global clients. It is regulated and welcomed by many traders. It may be a good choice for you to start your trading journey. However, we still want to remind you of the potential risk in the forex trading. If you want to know more information about the reliability of certain brokers, you can open our website (https://www.WikiFX.com/en). Or you can download the WikiFX APP to find the most trusted broker for yourself.

img_v3_02cu_fb377bdb-2a33-46ed-99c9-cccf757bdf2g.jpg
BrokerForex Broker

Related broker

Regulated
BlackBull
Company name:Black Bull Group Limited
Score
7.75
Website:https://blackbull.com/en/
5-10 years | Regulated in New Zealand | Regulated in Seychelles | Market Maker (MM)
Score
7.75

Read more

xChief Broker Review 2025: Trustworthy or Risky?

Explore our 2025 review of xChief, a Comoros-based forex and CFD broker. Assess its regulation, trading environment, user feedback, and risks to determine if it’s a reliable choice for traders.

Original 2025-05-31 11:53

CWG Markets’ 10% Deposit Bonus Campaign With Rewards Up to $5,000

CWG Markets, a global online trading platform, has announced a new deposit bonus campaign running now for a limited time. Both new and existing clients are eligible to receive a 10% deposit bonus, with a maximum reward of up to USD 5,000 per account.

Original 2025-05-30 17:12

Capital.com Reports Strong Growth and Leadership Changes

Capital.com has reported a notable increase in trading volumes in the first quarter of 2025, coinciding with a key leadership transition within the company. Dana Massey, the firm’s Chief Product & Technology Officer, has announced his departure after nearly three years in various senior roles.

Original 2025-05-30 17:09

NinjaTrader Fined $250,000 for Anti-Money Laundering Lapses

NinjaTrader fined $250K by NFA for AML failures, missing suspicious trades and high-risk accounts. Learn about the brokerages compliance issues and regulatory history.

Original 2025-05-30 16:50

WikiFX Express

IC Markets Global
XM
KVB
FXTM
Elite Capitals
Saxo
EC Markets
LiteForex
Neex
FXDD

WikiFX Broker

OANDA

OANDA

Domestic Regulation
FOREX.com

FOREX.com

Domestic Regulation
STARTRADER

STARTRADER

Regulated
IB

IB

Regulatory blacklist
GTCFX

GTCFX

Regulated
FXCM

FXCM

Regulated
OANDA

OANDA

Domestic Regulation
FOREX.com

FOREX.com

Domestic Regulation
STARTRADER

STARTRADER

Regulated
IB

IB

Regulatory blacklist
GTCFX

GTCFX

Regulated
FXCM

FXCM

Regulated

WikiFX Broker

OANDA

OANDA

Domestic Regulation
FOREX.com

FOREX.com

Domestic Regulation
STARTRADER

STARTRADER

Regulated
IB

IB

Regulatory blacklist
GTCFX

GTCFX

Regulated
FXCM

FXCM

Regulated
OANDA

OANDA

Domestic Regulation
FOREX.com

FOREX.com

Domestic Regulation
STARTRADER

STARTRADER

Regulated
IB

IB

Regulatory blacklist
GTCFX

GTCFX

Regulated
FXCM

FXCM

Regulated

Latest News

PAY ATTENTION!! WARNING ALERT — MAY 29, 2025- CHECKOUT THE LIST

WikiFX
2025-05-29 16:18

Robinhood Launches Free Desktop Trading Platform for UK Investors

WikiFX
2025-05-29 16:27

UK Unveils Crypto Regulation Plan: FCA and Bank of England Target Stablecoins and Custody

WikiFX
2025-05-29 17:05

ALERT! 98% of Indian Finfluencers Are NOT SEBI-Registered!

WikiFX
2025-05-29 18:41

IronFX UK 2024 Revenue Doubles to $1.44 Million

WikiFX
2025-05-29 20:02

Key Figure Behind $230 Million Crypto Fraud Arrested After Two Years on the Run

WikiFX
2025-05-30 14:58

OANDA Fined $600K by NFA Over Rule Breaches and Crypto Claims

WikiFX
2025-05-30 15:47

NinjaTrader Fined $250,000 for Anti-Money Laundering Lapses

WikiFX
2025-05-30 16:50

Capital.com Reports Strong Growth and Leadership Changes

WikiFX
2025-05-30 17:09

India GDP: Growth at 7.4% faster than expected in fourth quarter

WikiFX
2025-05-30 11:39

Rate Calc

USD
CNY
Current Rate: 0

Amount

USD

Available

CNY
Calculate

You may also like

Zirve Global

Zirve Global

East Asia Futures

East Asia Futures

SCSL

SCSL

DILLON W.SRL

DILLON W.SRL

Trans Scan

Trans Scan

BODAFX

BODAFX

Westpac

Westpac

BRD

BRD

Raffle Option

Raffle Option

FXPCM

FXPCM