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BlackBull Markets accounts: which entity holds your money
The account you open decides which legal entity and which regulator stand behind it. Here are BlackBull Markets's accounts with that in mind.
Regulation: New Zealand FMA (FSP403326); Seychelles FSA (SD045). How BlackBull Markets is regulated
Facts last checked . Read the full BlackBull Markets review.
Accounts
- Minimum deposit
- $0
- Account types
- ECN Standard, ECN Prime, ECN Institutional, Islamic, Demo
- Account currencies
- USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY, ZAR
- Islamic account
- Yes
- Demo account
- Yes
- Professional account
- Institutional offering available
- Minimum trade size
- 0.01 lots
- Time to open
- Typically a few minutes, subject to verification
What this means
BlackBull Markets runs 5 account types. More choice is not automatically better: the tightest headline spread almost always sits on the account that also charges a commission, so the comparison that matters is the two added together.
Base currencies: USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY, ZAR. Holding the account in the currency you fund it with avoids a conversion charge on every deposit and withdrawal - a cost that never shows up in a spread comparison.
The smallest position is 0.01 lots. For anyone starting carefully this matters more than the minimum deposit, because it sets the least you can put at risk on a single trade.
A demo account is available. Worth using for the platform rather than the results: fills are simulated, so it tells you how the software behaves but very little about execution.
Questions about BlackBull Markets accounts
Which base currencies does BlackBull Markets support?
BlackBull Markets accounts can be held in USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY, ZAR. Holding the account in the currency you deposit avoids a conversion charge on every deposit and withdrawal.
What is the minimum deposit at BlackBull Markets?
The minimum deposit at BlackBull Markets is $0. It can differ by account type and by the entity you register with.
What account types does BlackBull Markets offer?
BlackBull Markets offers 5 account types: ECN Standard, ECN Prime, ECN Institutional, Islamic, Demo.
Accounts at brokers under the same regulator
- Plus500 accounts also licensed by FMA (New Zealand)
- ThinkMarkets accounts also licensed by FMA (New Zealand)
- IC Markets accounts also licensed by FSA (Seychelles)
- Eightcap accounts also licensed by FSA (Seychelles)
- XM accounts also licensed by FSA (Seychelles)