BlackBull Markets: fines and regulatory action
The table covers every licensed company in the BlackBull Markets group: the regulator searched at each one, what the search turned up and the date it was run. Links open the regulator’s own section, or the decision itself where there is one.
The search runs across the whole group. A decision against a sister company does not apply to the entity that opens your account, but it stays on the group’s record.
Checked on July 31, 2026
| Source | Entity | What came back |
|---|---|---|
| FMANew Zealand | Black Bull Group LimitedFSP403326 |
|
| FSASeychelles | BBG LimitedSD045 | No records found for this entityGo to source |
- FMANew ZealandBlack Bull Group LimitedFSP403326
- September 2024clone firm warningA warning about sites using the firm’s registration details: blackbullsgroup.net, bullxmarket.com, zerofx.trade and eight more. The list is kept up to date, most recently on 21 May 2026. The warning targets the clones, not the broker.Document
- August 2022clone firm warningA warning about bbcapitalmarket.com: the regulator considers it a scam operation that falsely uses the firm’s name. The firm confirmed to the regulator that it has no connection with the site.Document
- FSASeychellesBBG LimitedSD045No records found for this entityGo to source
How to read the table. A row with no records means our search of that regulator’s publications on that date came back empty. That is not confirmation of a clean record: a decision lands years after the conduct it concerns, and regulators differ a lot in how much they put on the public record. Any row can be rechecked through its link.