fxgnosis
Last updated: July 19, 2026

BlackBull Markets

Verified
Founded: 2014HQ:
NZ flag
New Zealand
Website: blackbull.com
Score
3.37
External ratings
TV4.64 900 reviews
TP4.73 383 reviews
Regulators

BlackBull Markets is an ECN broker founded in 2014 in Auckland, New Zealand. It offers CFDs on forex, indices, commodities, metals, shares, ETFs, bonds and cryptocurrencies, alongside real share dealing through BlackBull Invest.

Overview

Regulation

FMA FSA

The group holds licences from two regulators: the FMA in New Zealand and the FSA in Seychelles. Clients from Mexico are onboarded to BBG Limited under FSA Seychelles SD045. Client funds are held in segregated accounts. Under the client agreement the client is liable for a negative balance: if the account falls below zero, the client must cover the deficit. Applications from the United States and Canada are not accepted.

Platforms and instruments

MetaTrader 4 MetaTrader 5 cTrader TradingView

More than 26,000 instruments across 80+ markets. Copy trading runs through BlackBull CopyTrader, and BlackBull Invest provides direct dealing in shares, options, ETFs and bonds. Order execution is hosted on Equinix servers in London (LD5).

Trading conditions

  • ECN Standard: deposit from $0, EUR/USD spread from 0.8 pips, no commission
  • ECN Prime: deposit from $0, spread from 0.0 pips, commission $3 per side ($6 per lot)
  • Prime+: spread from 0.0 pips, commission $3 per side with lot-based rebates for high-volume traders

Leverage is selectable up to 1:500. Account currencies: USD, EUR, GBP, CAD, NZD, AUD, SGD and ZAR.

Segregated funds

Payments for clients from Mexico

DepositVisaMastercardGoogle PayApple PayBank transferNetellerBitcoinUSDT
WithdrawalVisaMastercardGoogle PayApple PayBank transferNetellerBitcoinUSDT

Deposits are free; a flat $5 fee applies to every withdrawal. Minimum funding is $1 by bank transfer, $50 by card, Google Pay, Apple Pay or Neteller, and $25 by crypto depending on the network. There is no minimum withdrawal, and funds can be sent to a method other than the one used to deposit if compliance checks are satisfied. Card and e-wallet withdrawals are usually instant on approval, bank transfers take 1-3 business days and crypto 1-2 business days. Local Mexican methods such as OXXO and SPEI are not offered.

Localisation and support

The website and educational materials are available in Spanish. Support runs 24/7 through live chat, WhatsApp and email at [email protected]; the published phone line is a New Zealand number (+64 9 558 5142), with no dedicated Mexican line.

Public sources

Trustpilot: 4.7 out of 5 across 3,383 reviews. TradingView: 4.6 out of 5 across 4,900 ratings (July 2026). No regulatory fines against BlackBull Markets have been recorded.

Pros and cons

Pros
  • MT4, MT5 and cTrader platforms
  • 1000+ trading instruments
  • Copy trading service
  • 24/7 support
  • TradingView platform
  • Adjustable leverage
Cons
  • Fee on every withdrawal
  • No negative balance protection

Account types

Accounts available to clients from Mexico.

AccountDepositSpreadCommission
ECN Standard$0from 0.8 pipsNone
ECN Prime$0from 0.0 pips$6 per lot
Prime+$0from 0.0 pips$6 per lot

Spread shown for EUR/USD. Commission is round turn per lot.

Payment methods

Available deposit and withdrawal methods for clients from MX.

Deposit
VISAMCGoogle PayApple PayBankNETELLER₿ BTCUSDT
Instant, no broker-side fees
Withdrawal
VISAMCGoogle PayApple PayBankNETELLER₿ BTCUSDT
Fee depends on the withdrawal method

Regulation & Licenses

Email: [email protected], or use the form at fsaseychelles.sc/complaint-handling. You must first lodge the complaint with the broker and wait 21 business days before escalating to the FSA.