Overview of BlackBull Markets 2021

This is a New Zealand broker, which was created in 2014, works with clients almost all over the world, offering them trading on the currency pairs market and CFDs. Spreads are quite narrow, the commission is competitive.

Advantages and disadvantages of Black Bull Market:

Advantages:

fast trading platforms with a large set of instruments

several options for depositing in the trading account

you can choose the account without commission

low spreads

STP and NDD

Reliable storage server Equinix

Qualified customer support

Disadvantages:

company does not work with North American clients

All spreads are variable

The company is based in the capital of New Zealand, this state is one of the few where exchange activities are supported by the state. A few years after the opening of the first office in Auckland, the company opened a representative office in New York, Malaysia, Indonesia and the UK.

This brokerage company processes transactions directly, thus, the client interacts with the liquidity provider without intervention of the company it is called STP.  The company has partnership relations with the leading liquidity providers thus it was able to achieve low spreads, from 0.1 pip. Customer support is available 24 hours a day, 7 days a week.

The company has several awards for the use of new technologies because of its fairly rapid development, just for this in 2018 the company received the Deloitte Fast 50 award.

Clients have access to individual managers and, daily summaries of the market, a lot of educational opportunities is the ability to open trades in copy mode, the cloud service UPU, which is especially useful when working with Robo advisors. Company provides a leverage of 1.500.

In order to execute trades as fast as possible, company has placed its servers with data far away from world’s leading markets – New York, London and Tokyo. There is also a reserve capacity in case of need of backups

Platforms

Main trading platform is the MetaTrader 4 platform, this version allows to use VPS for the automated trading, also widely used Fix API, which can connect to the market directly, without using the power of MetaTrader, this can also reduce the delay.

Black Bull Market Trading Instruments

Trading tools are delivered with MetaTrader but the company did not develop its own tools and is instead expanding its partnerships with third-party vendors to provide additional capabilities to its customers.

VPS or Virtual Private Server

These servers are usually connected directly to the company’s storage so you can remotely run the platform and not stop trading for a minute even if your device loses connection with the internet. This is very useful when using EAs. This server is offered to clients for free if the minimum deposit exceeds $2,000 and trading volume exceeds 20 lots per month.

The company gives the opportunity to trade for clients of MAM and PAMM accounts, i.e. for clients who keep several trading accounts simultaneously for financial managers who often carry out common operations which should apply to all trading accounts under his management.

In the case of such accounts automatic trading can be set up exclusively according to your requirements

SwipeStox

This is an online terminal for trading within a community of traders, which means you can share your strategies with your trades or you can use already prepared deals from more experienced traders. The interface itself is quite clear, trades are offered to you in real time and you can refuse them at any time. Registration for this service is free and later on you can link your trading account to this system.

PsyQuation

It is an automatic system for analyzing your trades which helps you improve your skills and point out the mistakes you made in order to correct them. There are real opportunities to increase your profitability. Also, an account on this service is free and then you can link your account to a broker.

Calendar of economic events

On the site you can access the economic calendar where you can follow the most significant upcoming events from the world of economy, unemployment report, crude oil reserves report, US reserve fund reports, and much more.

Training

Texts and materials related to market analysis companies offer videos most often, along with live examples, that’s how, visually, you can master the basics of trading in the stock market quickly enough.