BlackBull Markets-Overview of Minimum Deposit, Leverage, Spreads

Basic Information

BlackBull Markets is an ECN & NDD broker, which specializes in providing financial technology solutions such as forex, CFDs, and commodities to global customers. The company has a team of experienced and successful professionals who have more than ten years of experience in forex, financial technology development, and data security.

Regulation

BlackBull Markets has two entities under regulation:

BLACK BULL GROUP LIMITED, authorized and regulated by the Financial Markets Authority (FMA), with Regulatory License No. 403326

BBG Limited, authorized and regulated by the Seychelles Financial Services Authority (FSA), with Regulatory License No. SD045

Market Instruments

AUGS Markets provides investors with a full range of trading products- more than 64 currency pairs, major market indices, commodities, precious metals such as gold and silver, and commodities such as energies, natural gas and oil.

Leverage & Accounts

The company has set up three types of accounts: ECN standard accounts (suitable for beginners), ECN premium accounts (clients can experience real ECN trading) and ECN institutional accounts. The maximum leverage for all these accounts is up to 1:500.

Spreads & Commissions

The minimum spread for ECN standard accounts is 0.8, no handling fee charged. The minimum spread for ECN prime accounts is 0.1, charging $6 per trading lot; the minimum spread for ECN institutional traders is 0.0, and commission fees need to be negotiated.

Trading Platform

BlackBull Markets offers traders three different trading platforms: MetaTrader, VPS (Virtual Server) and FIX API. MetaTrader includes MT4 and MT5 trading platforms. The BlackBull market connects the user's MT4 platform to the NY4 Equinix server on Wall Street to provide users with a reliable platform with transaction execution speeds of 2-5 milliseconds, support for EA, web pages, Mac, Apple, and Android systems. The MT5 software provides faster processing time, the ability to hedge positions, advanced pending order functions and more tools and indicators. VPS is suitable for traders who do not allow the computer to crash, and it supports intelligent trading systems. BlackBull can provides traders with free VPS services with the only condition that they have a personal account, an account balance of at least $2,000 or a minimum of 20 lots of transactions per month . The main advantage of FIX API is that it can be directly connected to the bridge provider in New York City, directly enter the market, ECN integrated processing and direct processing.

Deposit & Withdrawal

The minimum deposit is US$200, wire transfer, union pay, credit card Neteller and Skrill for deposit available, with deposit into account by wire transfer taking 1-3 working days , and instant arrival for other methods. Withdrawal methods are credit card, Neteller, Skrill and international banking transfer, with first three ways charging US$5 for handling fee and international banking transfer charging US$20 for handling fees.