BlackBull Markets

NZFMA-NZSCFSA-SC

BlackBull Markets provides multi-asset leveraged trading through New Zealand and Seychelles companies. Entity, product and protection availability varies by client location.

Last verified: Aug 25, 2026Sources and audit trail

Overview

BlackBull Markets provides multi-asset leveraged trading through New Zealand and Seychelles companies. Entity, product and protection availability varies by client location.

TraderVote user rating
7.6/10
Trader reviews
690
Regulation
Regulated (Tier-1)
Main regulators
NZFMA-NZSCFSA-SC
Main strengths
Main risks
✓ No major risk themes reported
Building sampleUpdated Aug 31, 2026

AI web composite score

Five web-reputation dimensions plus one objective regulatory dimension for BlackBull Markets

Web reputation 75% Regulation 25% 7.0
/ 10Insufficient sample
Not included in formal rankings yetThe number of real sources or effective samples has not reached the publication threshold. Missing dimensions are left unscored rather than filled with zero or a neutral value.
Data confidence0% · Low

Trading environment

Slippage, stability, execution and pricing anomalies

Public review signals
Weight 22%
0 related mentionsInsufficient sample

Deposits & withdrawals

Funding speed, withdrawals, checks and payment methods

Public review signals
Weight 18%
0 related mentionsInsufficient sample

Customer service

Response time, expertise and complaint handling

Public review signals
Weight 13%
0 related mentionsInsufficient sample

Trading costs

Spreads, commissions, swaps and hidden charges

Public review signals
Weight 18%
0 related mentionsInsufficient sample

Sales conduct

Promotion terms, sales pressure and return claims

Public review signals
Weight 4%
0 related mentionsInsufficient sample

Regulation & compliance

Scoring rulesReview sentiment is excluded. Licence quality accounts for 60%, jurisdiction coverage 25%, and Tier-1 diversification 15%. Additional licences have diminishing returns, while enforcement actions or licence suspensions may reduce the score.View full methodology →

Licence quality, jurisdiction breadth and regulatory diversification

Objective regulatory facts
7.0Weight 25%
2 verified regulators2 jurisdictions

There are not yet enough classified public signals to calculate a reputation score.

0Review signals
0Unique experiences
0Effective sample
0Sources
View calculation and source mix

The AI composite combines web reputation at 75% and regulation at 25%. Review weights are trading environment 22%, deposits and withdrawals 18%, customer service 13%, trading costs 18%, and sales conduct 4%. Regulation ignores review sentiment and uses verified licence quality 60%, distinct jurisdiction breadth 25%, and Tier-1 diversification 15%, with diminishing returns for additional licences.

AI web composite score
DimensionScorerelated mentions
Trading environment0
Deposits & withdrawals0
Customer service0
Trading costs0
Sales conduct0
Regulation & compliance7.02

Products

  • Forex, shares, indices, commodities, precious metals, ETFs, futures and cryptocurrency CFDs

Accounts

  • ECN Standard, ECN Prime and ECN Prime+ accounts

Platforms and tools

  • MetaTrader 4, MetaTrader 5 and TradingView connectivity

Funding currencies

AUDEURGBPNZDUSD

Support and availability

The official site advertises 24/7 support; channels and languages vary.

The reviewed offering excludes several jurisdictions, including the United States and Canada; eligibility depends on entity and residence.

Regulation

Regulators

BBG Limited

Seychelles · FSA-SC

Active
Regulators
FSA-SC
Licence / registration number
SD045

Client protection

Client funds are described as segregated; protection follows Seychelles rules and the applicable agreement.

View protection details

Client funds are described as segregated; protection follows Seychelles rules and the applicable agreement.

Official record ↗

Black Bull Trade Limited

New Zealand · FMA-NZ

Active
Regulators
FMA-NZ
Licence / registration number
FSP1002113

Client protection

New Zealand protections depend on the permitted service, contracting entity and client eligibility.

View protection details

New Zealand protections depend on the permitted service, contracting entity and client eligibility.

Official record ↗

Trading conditions

Spreads from
0 pips
Max leverage
1:500
Execution
Not available
Commission
Not available
Platforms
MT4 · MT5 · TradingView
Highest verified leverage
Up to 1:500 on eligible accounts and instruments. Product, equity, entity and event limits can be lower.
Pricing
Raw pricing is advertised from 0.0 pips with commission from USD 3 per side. Other accounts use different spread and commission schedules.
Margin close-out
The current account comparison lists a 50% margin-call level and 20% stop-out level.

Leveraged forex and CFD trading can cause rapid losses. The displayed leverage is the highest verified brand offering, not a global entitlement; lower limits can apply by entity, region, client classification, account, instrument, equity and market conditions.

Payments

Deposits

1 methods
MethodMinimumProcessingFee
Cards, bank transfer and supported local or electronic methodsAccount and method-specificMethod-dependentBroker and provider charges depend on…

Withdrawals

1 methods
MethodMinimumProcessingFee
Verified funding route or bank accountMethod-specificMethod-dependent after compli…Method and intermediary fees may appl…

Accounts or cards must be in the client’s name. Availability, limits and checks depend on the contracting entity.

Promotions

Active offers and promotions from BlackBull Markets

No verified active promotions.

Sources and audit trail

Last verified: Aug 25, 2026

  1. BlackBull Markets official website and account comparisonAug 25, 2026
  2. BlackBull Markets deposits and withdrawalsAug 25, 2026
  3. BlackBull Markets commissionsAug 25, 2026
  4. BlackBull Markets client services agreementAug 25, 2026

How this company uses TraderVote

Company participation and regulatory verification are displayed separately.

Represent this company? Apply to claim
Company claimNot claimed
Company identityNot verified
Licence verification0/0

Company access allows replies and verified change requests. It cannot edit user ratings, remove reviews or directly change TraderVote regulatory scores.

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