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BlackBull Markets fees, after the safety questions
Cost is the last thing to weigh when the question is whether your money is safe, so this page comes after the regulation page and reads in that light.
Regulation: New Zealand FMA (FSP403326); Seychelles FSA (SD045). How BlackBull Markets is regulated
Facts last checked . Read the full BlackBull Markets review.
What it costs to trade
- Spread from
- 0.0 pips
- EUR/USD spread
- Approx. 0.1 pips on ECN Prime
- GBP/USD spread
- Approx. 0.2-0.4 pips on ECN Prime
- Commission
- $3 per side / $6 round turn on ECN Prime
- All-in cost, EUR/USD
- Approx. 0.7 pips
- Spread type
- Variable
- Overnight swap
- Both: swaps may be charged or credited
- Deposit fee
- Generally none internally
- Withdrawal fee
- $5
- Currency conversion
- Applicable where conversion is required
What this means
Cost is the last thing to weigh here, and never the thing that should decide it.
A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.
Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.
BlackBull Markets lists a minimum deposit of $0. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.
Questions about BlackBull Markets fees
Does BlackBull Markets charge to deposit or withdraw?
Deposit fees at BlackBull Markets: Generally none internally. Withdrawal fees: $5.
What does BlackBull Markets charge to hold a position overnight?
Overnight financing at BlackBull Markets is recorded as both: swaps may be charged or credited.
What is the EUR/USD spread at BlackBull Markets?
BlackBull Markets records an average EUR/USD spread of approx. 0.1 pips on ECN Prime on a variable pricing model.
Fees at brokers under the same regulator
- Plus500 fees also licensed by FMA (New Zealand)
- ThinkMarkets fees also licensed by FMA (New Zealand)
- IC Markets fees also licensed by FSA (Seychelles)
- Eightcap fees also licensed by FSA (Seychelles)
- XM fees also licensed by FSA (Seychelles)