Broker profile
BlackBull Markets
Ranked #12 of 15 fully scored brokers. 12 of 13 fields verified. Last verified .
Pipcompass score
90% data
- LicenceLicence held: offshore onlyAll entities we verified are licensed by FSA (Seychelles), NZ FSPR (Tier 3 on our methodology).Checked 11 Oct 2026Source
- Warning listsNot on the 12 warning lists we holdNo exact match for blackbull.com. Lists we don't hold (e.g. the FCA's) are not covered.Checked 20 Oct 2026Source
- DomainDomain registered 1999blackbull.com: registered 1999-03-31 (27 years ago), registrar GoDaddy.com, LLC. Source: RDAP.Checked 11 Oct 2026Source
Badges state facts from licence registers, regulator warning lists and RDAP. They are not a rating. How we check.
Key facts
- Founded
- 2014blackbull.com, verified 11 Oct 2026
- Headquarters
- Auckland, New Zealandblackbull.com, verified 11 Oct 2026
- Platforms
- MT4, MT5, cTrader, TradingView, Proprietaryblackbull.com, verified 11 Oct 2026BlackBull CopyTrader, BlackBull Invest.
- Minimum deposit
- Not verified
- Max. leverage
- 1:500blackbull.com, verified 11 Oct 2026
- Copy trading
- Offeredblackbull.com, verified 11 Oct 2026
- Swap-free / Islamic
- Offeredblackbull.com, verified 11 Oct 2026Select markets; admin fees may apply.
- Deposit methods
- Visa, Mastercard, Bank transfer, Apple Pay, Google Pay, Crypto, Neteller, Skrillblackbull.com, verified 11 Oct 2026
- Restricted countries
- CA, US, EEA, GB, INblackbull.com, verified 11 Oct 2026Does not accept CA/US; not intended for EU, UK, India.Partial list. Absence of a country does not confirm the broker accepts it.
Regulation and legal entities
Which entity you sign up with decides which rules protect you. Check the licence number on the regulator’s register before you deposit.
| Entity | Regulator | Licence / ref. | Tier |
|---|---|---|---|
| BBG Limited | FSA (Seychelles)Seychelles | SD045 | Tier 3: offshore or registration-only |
| Black Bull Group LimitedRegistration on the NZ Financial Service Providers Register. | NZ FSPRNew Zealand | FSP403326 | Tier 3: offshore or registration-only |
Accounts and advertised costs
Figures are the broker’s advertised “from” values, not measured averages. Live spread testing: not yet tested.
| Account | Min. deposit | Spread from (advertised) | Commission / side | Measured spread |
|---|---|---|---|---|
| Standard | $50 | 1.4 | None | Not yet tested |
| Raw | $100 | 0.0 | $3.00 | Not yet tested |
| Pro | $500 | 0.6 | None | Not yet tested |
Source: blackbull.com, verified 11 Oct 2026 From comparison table.
- Lowest spread, no-commission account
- from 0.60blackbull.com, verified 11 Oct 2026Advertised 'from' spread on the lowest-spread commission-free account; not a measured average. (Pro).
- Raw account commission
- $3.00 per lot per sideblackbull.com, verified 11 Oct 2026Raw, per side, FX and metals.
Strengths and drawbacks from the data
Generated by fixed rules from the fields above. Each rule is listed on the methodology page.
Strengths
- Wide platform choice: MT4, MT5, cTrader, TradingView, Proprietary.
- Copy trading offered.
- Swap-free (Islamic) option offered.
Drawbacks or gaps
- Only offshore or registration-only entities found; check which entity you would be onboarded to.
Score breakdown
| Category | Weight | Points | Based on |
|---|---|---|---|
| Regulation | 35% | 21 | Best tier 3; 0 Tier 1–2 regulators |
| Advertised costs | 20% | 60 | $3.00/side commission; from 0.6 spread |
| Platforms | 15% | 100 | MT4, MT5, cTrader, TradingView, Proprietary |
| Minimum deposit | 10% | no data | Not verified |
| Copy trading and swap-free | 10% | 100 | copy trading, swap-free |
| Disclosure | 10% | 100 | 100% licence numbers shown; restricted list published |
Total 60.4 out of 100, from 90% of the weight. Categories without data are left out and the rest rescaled.
Sources
- https://www.blackbull.com/en/Used for: founded, headquarters, entities, platforms, accountTypes, maxLeverage, standardSpreadFrom, rawCommissionPerSide, depositMethods, copyTrading, swapFree, restrictedCountries. Checked 11 Oct 2026.