BlackBull Markets review
Trust 8.6/10New Zealand-headquartered broker, FMA regulated. ECN execution with no minimum deposit on Standard account. Excellent fit for NZ residents.
FMA-NZ
FSA-Seychelles
Segregated client funds. Affiliate link — supports the site at no cost to you.
At a glance
Min deposit
$0.00
Max leverage
1:500
EUR/USD spread
0.10 pips
Commission
$6/lot
Pros
- NZ FMA regulated
- Zero minimum deposit (Standard)
- cTrader and TradingView supported
- Tight raw spreads
- Multi-asset (forex, indices, crypto, shares)
Cons
- Smaller than IC Markets / Pepperstone
- Less brand recognition
- No proprietary platform
Account types
| Account | Available | Best for |
|---|---|---|
| Raw / ECN spread | Scalpers, algo traders, high-volume | |
| Standard | All-in spreads, simpler costs | |
| Swap-free / Islamic | Swing traders, religious requirements |
Platform support
| Platform | Supported |
|---|---|
| cTrader | |
| MetaTrader 4 | |
| MetaTrader 5 | |
| TradingView | |
| Proprietary |
Trading costs
| Item | Value |
|---|---|
| EUR/USD avg spread | 0.10 pips |
| Commission per standard lot | $6 round-trip |
| Swap fees competitive? | |
| Withdrawal speed | — |
| Deposit methods | — |
| Base currencies | — |
Best for
NZ residents
cTrader users
Small-account starters