BlackBull Markets Review
BlackBull Markets is a leading broker with competitive pricing and state-of-the-art technology. It is well-regulated in Seychelles and allows trading of over 26,000 instruments on forceful platforms. Mexicans can commence trading with a zero deposit.
- Louis Schoeman
Updated : June 27, 2024
Jump to:
Overview
Regulation and Safety of Funds
Awards and Recognition
Account Types and Features
Account Registration
Broker Comparison
Trading Platforms
Range of Markets
Fees
Deposit and Withdrawals
Education and Research
Bonuses and Promotions
Affiliate Programs
Customer Support
Social Responsibility
Final Verdict
Pros and Cons
FAQ
Overall Rating
- 4.7/5
Min Deposit
USD 0
Regulators
FMA, FSA
Trading Platform
MT4, MT5, cTrader, TradingView
Crypto
Yes
Total Pairs
60+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Overview
BlackBull Markets, founded in 2014 in Auckland, New Zealand, has emerged as a notable online trading brand. Their unique combination of state-of-the-art technology, fair costs, and a genuine commitment to client satisfaction sets them apart from their competitors.
We believe that BlackBull Markets is an exceptional choice for traders who require a user-friendly and dependable platform with global accessibility and local assistance.
They distinguish themselves in the brutally competitive brokerage market by emphasizing customer happiness and innovation.
This broker’s trading options comprise Forex, commodities, indices, and cryptocurrencies. Their trading techniques are intended to aid Mexican clients in making educated decisions, regardless of whether they are novice or seasoned traders.
BlackBull Markets’ dedication to localizing their services is particularly enticing to traders in Mexico. The company’s bilingual website and customer service enable trading platform customers to explore and obtain assistance in their native languages effortlessly.
BlackBull Markets provides a diverse selection of account types and funding methods specifically designed to meet the requirements of Mexican clients. This encompasses the provision of support for popular Mexican payment options and local bank transfers.
BlackBull Markets is an excellent option for traders in Mexico, as our comprehensive study indicates.
Our assessment is purely designed for informational purposes, and traders should know that the decision to select a broker is personal. It is imperative to thoroughly evaluate and compare the available alternatives before deciding.
What can Mexicans trade with BlackBull Markets?
Mexicans can trade forex, commodities, indices, and cryptocurrencies with BlackBull Markets.
Can you use a mobile device for trading with BlackBull Markets?
Yes, BlackBull Markets provides mobile platforms in the form of WebTrader, and BlackBull CopyTrader.
At a Glance
| 🗓 Established Year | 2014 |
| ⚖️ Regulation and Licenses | FSA, FMA |
| 🪪 Ease of Use Rating | 3/5 |
| 🚀 Bonuses | No |
| ⏰ Support Hours | 24/7 |
| 📊 Trading Platforms | TradingView, cTrader, MetaTrader 5, MetaTrader 4, WebTrader, BlackBull CopyTrader, BlackBull Invest, ZuluTrade, Myfxbook |
| 💻 Account Types | ECN Standard, ECN Prime, ECN Institutional |
| 💰 Base Currencies | USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY. ZAR |
| 📈 Spreads | From 0.1 pips EUR/USD |
| 📉 Leverage | Up to 1:500 |
| 💸 Currency Pairs | 60+; major, minor, and exotic pairs |
| 💳 Minimum Deposit | 0 MXN ($0) |
| 🛑 Inactivity Fee | None |
| 📞 Website Languages | English |
| ✔️ Fees and Commissions | Spreads from 0.1 pips, commissions from $6 per standard lot, round turn |
| ✅ Affiliate Program | Yes |
| 🚫 Banned Countries | United States, Canada |
| 👨💻 Scalping | Yes |
| 👥 Hedging | Yes |
| 🏦 Trading Instruments | Forex, shares, commodities, futures, indices |
| 🎉 Open an account | Open Account |
Regulation and Safety of Funds
BlackBull Markets is not regulated by Mexico‘s National Banking and Securities Commission (CNBV) and Banco de México (Banxico). Other BlackBull Markets’ global regulations are listed in the table below:
Global Regulations
| ⚖️ Registered Entity | 🏦 Country of Registration | 🪪 Company Reg. | ✅ Regulatory Entity | 🛍 Tier | 🤝 License Number/Ref |
| Black Bull Group Limited | New Zealand | 5463921 | FMA | 1 | FSP 403326 |
| BBG Limited (BlackBull Markets) | Seychelles | – | FSA | 3 | SD045 |
Protection of Client Funds
| 🚫 Security Measure | 🪪 Information |
| Segregated Accounts | Yes, ANZ Bank New Zealand |
| Compensation Fund Member | No |
| Compensation Amount | None |
| SSL Certificate | Yes |
| 2FA (Where Applicable) | Yes |
| Privacy Policy in Place | Yes |
| Risk Warning Provided | Yes |
| Negative Balance Protection | Yes |
| Guaranteed Stop-Loss Orders | No |
Is BlackBull Markets regulated in Mexico?
No, BlackBull Markets is currently not regulated in Mexico, but the FMA and FSA regulate it.
Does BlackBull Markets comply with regulations?
Yes, BlackBull Markets complies with these regulations and is frequently audited to satisfy the regulatory agencies.
Awards and Recognition
On the BlackBull Markets website, we looked for the most recent accolades. The awards we found were the following:
Winner of the Global Forex Awards’ Fastest Execution Speed category in 2023.
Best in Class for Offering Investments prize in 2023 at the Finance Magnates Awards.
Finalist for the Excellence in International Trade award in 2022.
Best ECN Forex Broker by the Finance Magnates Awards in 2022.
BlackBull Markets Account Types and Features
BlackBull Markets’ products are straightforward to use. The broker offers a specialized retail account to each type of trader, contingent upon their level of trading experience. We analyzed the benefits of each account type for traders in Mexico:
| ECN Standard | ECN Prime | ECN Institutional | |
| ✔️ Availability | All; ideal for casual traders | All; Ideal for experienced traders and scalpers | Ideal for professional and institutional traders |
| 💵 Markets | All | All | All |
| 💰 Commissions | None | $6 per round turn | Flexible |
| 💻 Platforms | All | All | All |
| 🔨 Trade Size | From 0.01 lots | From 0.01 lots | From 0.01 lots |
| 📊 Leverage | 1:500 | 1:500 | Flexible |
| 💸 Minimum Deposit | 0 MXN ($0) | 36,000 MXN ($2 000) | 360,000 MXN ($20 000) |
| 👉 Open an account | Open Account | Open Account | Open Account |
ECN Standard
The ECN Standard account is designed for occasional traders and provides commission-free market access.
We found that this account is the perfect choice for Mexicans who want to start trading without investing a significant amount of money upfront, as there is no minimum deposit requirement.
Mexicans are permitted to commence trading with 0.01 lots on this account, which allows them to adjust the size of their positions. Traders can also manage larger trades with smaller capital amounts due to the 1:500 leverage.
ECN Prime
This account is intended for experienced traders and scalpers and provides full market access for a $6 round turn cost. Retail Mexican traders can benefit from smaller spreads in exchange for this commission.
Trade sizes commence at 0.01 lots, facilitating exact risk management, similar to the ECN Standard account. Traders can improve their trading potential by utilizing leverage levels as high as 1:500.
The minimum deposit of 36,000 MXN ($2,000) to register and start using an ECN Prime account is reasonable for serious traders in Mexico.
ECN Institutional
Professional and institutional traders are the intended recipients of this personalized trading experience. It provides access to all markets, and trading quantities commence at 0.01 lots, similar to other accounts.
It is distinguished by its dynamic commission structure, negotiated based on the trader’s volume and activity. This structure allows high-volume traders a customized pricing structure.
Expert traders can use personalized risk management strategies due to the adaptability of leverage. The minimum deposit for this high-end account is 360,000 MXN ($20,000) to both institutions and traders.
Demo Account
BlackBull Markets provides a demo account to Mexican traders experimenting with various trading strategies. By practising stress-free, you will be better equipped to make informed decisions in real trading.
It offers a risk-free environment where you can use virtual funds from $5,000 to $100,000 under settings that closely resemble genuine trading.
It offers a 30-day expedition into the commercial world. Whether you are a rookie or an experienced trader seeking to polish your tactics, this demo account can be customized to suit your requirements.
TradingView, cTrader, MetaTrader 4, and MetaTrader 5 can be used, and it is possible to experiment with alternative trading tactics, such as scalping, day trading, or long-term strategies.
Islamic Account
Blackbull Markets provides a distinctive Islamic Account option specifically designed for Muslim traders committed to adhering to Sharia rules and a sincere dedication to inclusion in the financial markets.
This account guarantees not to accumulate interest overnight, while offering a thriving atmosphere for Muslim traders, with a plethora of educational resources, competitive spreads, and state-of-the-art technologies.
What commissions are charged when trading with the BlackBull Markets ECN Prime account?
The ECN Prime account charges a $6 commission on each lot round turn.
What are the main features of an Islamic BlackBull Markets account?
The Islamic account makes sure that trades do not accrue interest overnight.
BlackBull Markets Account Registration
BlackBull Markets’ registration process is simple and quick. In just a few minutes, Mexicans can register a retail account in the following steps:
Step 1 – Visit the homepage of BlackBull Markets.
Either pick “Create an Account” from the “Quickstart” option in the main menu or hover over “About” and select “Account Comparison” to browse the different account kinds.
Step 2 – Fill out the form.
Provide your name, email address, and phone number. You may also register using your email address, Google, Facebook, or Apple ID to expedite the registration process.
Step 3 – Provide an identification document.
A legitimate government-issued identification document (such as a passport, driver’s license, or state ID) and a clear proof of address document (such as a utility bill or bank statement from the preceding three months) should be uploaded.
BlackBull Markets vs. BDSwiss vs. CMTrading – Broker Comparison
| BlackBull Markets | BDSwiss | CMTrading | |
| ⚖️ Regulation | FSA, FMA | CySEC, FSC, BaFIN, FSA, Mwali International Services Authority | FSA, FSCA |
| 📱Trading Platform | TradingView cTrader MetaTrader 4 MetaTrader 5 WebTrader BlackBull CopyTrader BlackBull Invest ZuluTrade Myfxbook | MetaTrader 4 MetaTrader 5 BDSwiss Mobile BDSwiss Web | MetaTrader 4 CMTrading Web CopyKat |
| 💰 Withdrawal Fee | Yes | No | Yes |
| 📊 Demo Account | Yes | Yes | Yes |
| 📈 Min Deposit | 0 MXN ($0) | 170 MXN ($10) | 1,700 MXN ($100) |
| 📈 Leverage | 1:500 | Up to 1:1000 | 1:200 |
| 📊 Spread | From 0.1 pips | From 0.0 pips | From 0.9 pips |
| 💰 Commissions | From $6 per lot | From $2 | None; only the spread is charged |
| ✴️ Margin Call/Stop-Out | 75%/50% | 50%/20% | From 20% |
| ✴️ Order Execution | Market, Instant | Instant/Market | Market |
| 💳 No-Deposit Bonus | No | No | No |
| 📊 Cent Accounts | No | Yes | No |
| 📈 Account Types | ECN Standard ECN Prime ECN Institutional | Cent Account Classic Account VIP Account Zero Spread Account | Bronze Account Silver Account Gold Account Premium Account |
| ⚖️ SFC Regulation | No | No | No |
| 💳 MXN Deposits | No | Yes | No |
| 📊 MXN Account | No | No | No |
| 👥 Customer Service Hours | 24/7 | 24/5 | 24/5 |
| 📊 Retail Investor Accounts | 3 | 4 | 4 |
| ☪️ Islamic Account | Yes | Yes | Yes |
| 📉 Minimum Trade Size | 0.01 lots | 0.01 pips | 0.01 lots |
| 📈 Maximum Trade Size | 100 lots | 50 lots | Unknown |
| 💸 Minimum Withdrawal Time | Instant | Instant | Instant |
| 💰Maximum Estimated Withdrawal Time | 3 days | Within 24 hours | Up to 3 working days |
| 📞 Instant Deposits and Instant Withdrawals? | Yes, both | Yes | Yes, deposits and withdrawals |
| 🎉 Open an account | Open Account | Open Account | Open Account |
Trading Platforms
BlackBull Markets guarantees that Mexican traders have access to the necessary trading platforms and technologies to enhance their trading capabilities. Let’s investigate the available trading software:
TradingView
TradingView is an exceptional platform for Mexican BlackBull Markets clients, offering an active trading community and advanced charting tools.
As many as 25 indicators per chart and 400 price alerts are available to Mexican traders, enabling them to anticipate market fluctuations. The social trading elements of the website allow traders to enhance their methods by following and learning from more experienced peers.
TradingView is very competitively priced due to the fact that BlackBull Markets provides serious traders with free access to its premium plans based on trading volume.
cTrader
cTrader is an excellent choice for individuals who are interested in a more advanced and efficient trading experience. We were impressed by its complex order types and sleek, modern appearance.
Additionally, the platform’s reactivity is particularly impressive. This is essential for the rapid execution of trades in rapidly changing markets, as we discovered. We believe that cTrader would be a beneficial platform for Mexican traders who prioritize efficiency and precision.
MetaTrader 4
MT4 needs minimal introduction as a fundamental component of the trading sector. Even though it might not be as visually appealing as other platforms, seasoned traders appreciate its robust functionality and a huge library of custom indicators.
We were really satisfied with the platform’s ability to automate trading tactics with Expert Advisors (EAs) and its stability. Mexican traders who are new to MT4 will appreciate its simplicity and diversity.
MetaTrader 5
MetaTrader 5 (MT5) provides advanced financial trading functionality and enhanced technical and fundamental analytical tools. We believe that integrating MT5’s economic calendar will be advantageous for Mexican traders who wish to monitor global economic developments.
MT5 is an exceptional option for traders who wish to diversify their trading across several asset classes due to BlackBull Markets’ support for extra order types and durations, faster execution rates, and the launch of new instruments.
WebTrader
BlackBull Markets’ WebTrader offers a seamless trading experience that can be accessed immediately from your computer browser without the need for any downloads.
Upon examination, we found that its accessibility and ease would be ideal for Mexican traders, particularly during their travels. The platform provides real-time market data, advanced charting features, and rapid transaction processing.
BlackBull CopyTrader
BlackBull CopyTrader is a valuable resource for Mexican traders who aspire to emulate and adhere to the strategies of great traders. We tested the platform and discovered it user-friendly, allowing users to choose from a list of top-performing traders.
The platform offers traders comprehensive risk profiles and performance data to enable them to make informed judgments.
Mexicans can leverage the expertise of others and guarantee that transactions are executed with the same speed and precision as they were for the original trader as a result of CopyTrader’s cooperation with BlackBull Markets.
BlackBull Invest
BlackBull Invest is a complete investment platform providing Mexican traders access to over 26,000 shares, bonds, options, and ETFs. The platform’s advanced research tools and extensive market data are vital for making well-informed investment decisions.
The platform’s adjustable watchlists and user-friendly interface facilitate the monitoring and management of investments. BlackBull Invest guarantees Mexican traders rapid execution and affordable pricing through its integration with BlackBull Markets.
ZuluTrade
We were drawn to ZuluTrade’s social trading capabilities since it facilitates the connection between traders in Mexico and a global network of signal suppliers. The platform’s ranking system and risk management tools, such as ZuluGuard, further enhance security when selecting which traders to follow.
Myfxbook
Traders in Mexico are provided with comprehensive research tools and social trading groups by Myfxbook.
It’s automatic trade analytics and detailed performance monitoring enhance trading methods. The service enables Mexican traders to examine their trading outcomes instantaneously by linking their BlackBull Markets account.
In addition to participating in community conversations and following signal providers, Mexican traders are granted access to diverse trading tactics.
Can I use Expert Advisors with BlackBull Markets?
Yes, with BlackBull Markets’ MetaTrader 4 and MetaTrader 5, you can use Expert Advisors (EAs).
Which BlackBull Markets platform will give me insight into expert trading techniques?
ZuluTrade provides insights from a global network of signal providers that boost trading performance.
Range of Markets
Mexican traders will have little difficulty creating diverse portfolios because they can trade over 26,000 instruments. Review the table below to determine the commodities that can be traded with BlackBull Markets from Mexico:
| 📌 Instrument | 📑 Number of Assets Offered | 📈 Max Leverage Offered |
| Forex | 70+ | 1:500 |
| Shares | 26,000 + | 1:500 |
| Indices | 3 + | 1:500 |
| Commodities | 5 + | 1:500 |
| Futures | Not specified | 1:500 |
| Cryptocurrencies | 5 + | 1:500 |
Overall Rating
- 4.7/5
Min Deposit
USD 0
Regulators
FMA, FSA
Trading Platform
MT4, MT5, cTrader, TradingView
Crypto
Yes
Total Pairs
60+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Leverage and Margin
BlackBull Markets provides competitive leverage choices to traders in Mexico, as we determined during our analysis.
BlackBull Markets offers Mexicans the chance to establish an offshore account and utilize leverage of up to 1:500. They can modify the account to accommodate their personal objectives.
BlackBull Markets’ margin requirements are subject to negotiation and are determined by a range of criteria, such as the traded instrument, account type, and general market circumstances.
This implies that traders should be extra attentive to their margin balances, especially in the aftermath of breaking news or during periods of increased market activity.
BlackBull Markets provides traders with real-time monitoring capabilities and straightforward margin calculation tools to assist them in properly managing their risks.
Does the type of traded instrument determine margins at BlackBull Markets?
Does the type of traded instrument determine margins at BlackBull Markets?
Can you trade more than 10 currency pairs with BlackBull Markets?
Yes, BlackBull Markets provides trading in more than 70 currency pairs.
BlackBull Markets Spreads and Fees
Spreads
BlackBull Markets offers reasonable spreads to traders in Mexico.
For example, the ECN Standard account is an excellent option for new traders interested in managing their trading expenditures, as it provides spreads as low as 0.8 pips. Seasoned traders may find the ECN Prime account to be more suitable, as it provides tighter spreads that commence at 0.1 pip.
This makes it particularly well-suited for the efficient management of expenses and the execution of precise deals, particularly concerning larger transactions. The ECN Institutional account is intended for professional traders and institutions, providing ultra-low spreads that commence at 0.0 pips.
Commissions
Commission fees are also affected by account types. The ECN Standard account offers commission-free trading, which benefits novice Mexican traders attempting to manage their expenses.
The ECN Prime account, in contrast, is designed for traders with certain cost expectations and bigger trading volumes, and it imposes a $6 commission per lot round turn.
Overnight Fees
Swap fees are assessed for overnight positions and are calculated by utilizing the fluctuations in interest rates between currency pairings.
This information is essential for Mexican traders, as BlackBull Markets offers comprehensive information regarding these fees on platforms such as MT4 and MT5.
We found that traders who adhere to Sharia law have access to an Islamic option that allows them to maintain an account that does not accrue interest overnight.
Deposit and Withdrawal Fees
There are numerous methods for making deposits and withdrawals, including bank transfers, credit/debit cards, and e-wallets. These fund deposits are not subject to fees.
However, it is important to be aware of withdrawal costs. International bank transfers incur a $20 cost, while credit/debit cards and e-wallets are assessed a $5 fee.
Inactivity Fees
It is a standard practice in the industry to charge a $10 monthly fee for accounts that have been dormant for 12 months or more. To prevent unforeseen charges, traders in Mexico must consistently log in and execute trades.
Currency Conversion Fees
When trading instruments are priced in a currency other than the account’s base currency, currency translation fees will be charged. BlackBull Markets assures conversion rates that are both clear and highly competitive.
We strongly encourage Mexicans to ensure the account’s base currency is consistent with the primary trading pairs. By doing so, you can decrease conversion fees and enhance your trading approach as a whole.
Does BlackBull Markets charge withdrawal costs?
Yes, the broker charges withdrawal costs varying from $5 for credit/debit cards and e-wallets to $20 for international bank transfers.
Does BlackBull Markets accounts provide competitive spreads?
Yes, BlackBull Markets offers reasonable spreads on most accounts, specifically its ECN Prime and Institutional accounts.
BlackBull Markets Deposits and Withdrawals
We appreciate that BlackBull Markets offers diverse deposit and withdrawal alternatives for Mexican traders. Additionally, we are impressed with the availability of instant deposits, withdrawals, and multi-currency possibilities:
📚 Payment Method 🌎 Country 💸 Currencies Accepted ⏰ Processing Time
Credit/Debit Card All Multi-currency Instant
Use Pay China CNY Instant
Skrill All Multi-currency Instant
Poli New Zealand NZD Instant
PaymentAsia Thailand THB Instant
SEPA All EUR, GBP Instant
Neteller All All Instant
HexoPay Canada CAD Instant
Help2Pay All EUR, USD Instant – 48 hours
FXPay All EUR, USD Instant – 48 hours
Fasapay All USD Instant – 48 hours
Crypto All USDT ERC-20, USDT TRC-20, BTC, ETH Instant – 2 days
China Union Pay All China Union Pay Instant
Boleto Brazil BRL Instant
Beeteller Brazil BRL Instant
Beeteller All Multi-currency 1 – 2 days
AstroPay All Multi-currency Instant
Local India INR 30 – 90 minutes
Deposits
How to Deposit using Bank Wire Step by Step
Navigate to the “Deposit Funds” area.
Choose “Bank Wire” as the deposit method.
Take extreme care in copying the bank data that BlackBull Markets provided.
Utilize the copied data to commence the bank transfer from your Mexican bank account.
BlackBull Markets will credit your trading account with your deposit within 1-2 business days after receipt.
How to Deposit using Credit or Debit Card Step by Step
Select “Deposit Funds” from the Client Portal.
Select “Debit/Credit Card” as the deposit method.
Provide the desired deposit amount and the details of your credit card.
You should be able to trade with your money immediately after you confirm the transaction.
How to Deposit using Cryptocurrency Step by Step
Choose “Crypto” as the deposit method.
Select the cryptocurrency of your preference (USDT, ERC-20, USDT TRC-20, Bitcoin, or Ethereum).
A unique wallet address will be supplied to you to deposit your Bitcoin.
Use your personal crypto wallet to complete the transfer.
The money will be credited to your trading account once the blockchain verifies the transaction.
How to Deposit using e-Wallets or Payment Gateways Step by Step
Access “Deposit Funds” by navigating through the Client Portal.
Select the e-wallet or payment gateway from the available alternatives (Skrill, Neteller, etc.).
Enter the deposit amount and the specifics of your e-wallet account.
To complete the purchase, simply adhere to the instructions provided by your preferred payment method.
You should be able to trade with your credited funds immediately.
Withdrawals
How to Withdraw using Bank Wire Step by Step
Choose “Withdraw Funds” from your Client Portal.
Choose “Bank Wire” as the withdrawal method.
Enter the desired withdrawal amount and the specifics of your bank account.
Confirm the withdrawal request.
The funds normally arrive in your bank account within a day or two.
How to Withdraw using Credit or Debit Cards Step by Step
Access the “Withdraw Funds” section by opening the Client Portal.
Select “Credit/Debit Card” as your desired payment method.
The transaction is confirmed upon the entry of the withdrawal amount.
Typically, it takes a few business days to refund the money to your card.
How to Withdraw using Cryptocurrency Step by Step
Proceed to the “Withdraw Funds” section of the Client Portal.
Choose “Crypto” as the withdrawal method.
Select the coin and withdrawal amount.
Provide the address of your crypto wallet to guarantee that the funds are reimbursed.
The withdrawal will be handled after blockchain confirmation.
How to Withdraw using e-Wallets or Payment Gateways Step by Step
Select “Withdraw Funds” from the Client Portal.
Choose the e-wallet or payment gateway of your preference.
Enter the withdrawal amount after you have verified your request.
Typically, funds are promptly refunded to your e-wallet account.
Can Mexicans deposit funds with an e-wallet to their BlackBull Markets account?
Yes, Mexican traders can make deposits with e-wallets.
What is the quickest way to withdraw an amount at BlackBull Markets?
The quickest withdrawal methods are credit cards or e-wallets.
Education and Research
In addition to tools for beginners, it was reassuring to see that BlackBull Markets provides resources for intermediate and expert traders. In reality, BlackBull Markets offers a diverse array of trading resources and tools to help Mexicans make more informed trading decisions:
| 📅 Economic Calendar | Yes |
| 📍 VPS | Yes |
| 📊 AutoChartist | Yes |
| 📶 Trading View | Yes |
| 📡 Trading Central | No |
| 🌐 Market Analysis | Yes |
| 📰 News Feed | Yes |
| 💻 Blog | Yes |
| 📚 eBooks | Yes |
| 📱 Educational Videos | Yes |
| 🧮 Educational Videos | Yes |
| 🗩 Platform Tutorials | Yes |
As a Mexican trader, will I have access to BlackBull Markets webinars?
Yes, BlackBull Markets provides webinars to anyone who signs up.
Does BlackBull Markets offer live support?
Does BlackBull Markets offer live support?
Bonuses and Promotions
We examined the BlackBull Markets referral bonus and its regulations and limitations. We discovered that BlackBull Markets offers a $250 reward to both current and prospective clients for the referral of new clients. Nevertheless, there are some prerequisites, including:
To qualify for this bonus, the referred client must establish a new live account by utilizing the referral link provided by the initial referrer.
The trader you send must make a minimum deposit of $500 or $2,000.
The trader who is referred is required to trade a minimum of 5 or 20 foreign exchange lots, contingent upon the amount of money they deposit.
Each party will receive the bonus money provided they comply with this within 90 days. The referral incentive is available from January 1 to December 31, 2024, as determined by the bonus rules.
How much must my referred trader deposit for me to qualify for BlackBull Markets' referral bonus?
The referred trader must deposit at least $500 and execute a certain number of trades.
What bonuses or promotions does BlackBull Markets offer?
BlackBull Markets doesn’t often offer any bonuses or promotions.
Affiliate Programs
BlackBull Markets provides Mexicans with a highly successful partnership program, similar to most CFD and Forex brokers. Signing up as an affiliate with the broker might earn partners up to $1,000.
We will examine the features and procedures that Mexicans can implement to qualify for cost-per-action commissions.
Features
BlackBull Markets’ affiliate program, BlackBull Partners, provides those employed in the financial sector with an effective method of earning revenue online. They ensure that each affiliate is assigned a personal account manager who provides personalized guidance and assistance according to their unique requirements.
We were quite pleased to see that this partnership arrangement promotes collaboration rather than only conducting business with one another.
One of the most advantageous aspects of the program is its potential to generate substantial revenue. As a CPA member, you can receive a maximum of $1,000 for each client you refer. Furthermore, you will receive a 10% commission on the earnings generated by your sub-affiliates.
Additionally, we discovered that BlackBull Markets provides real-time data and monthly payments to facilitate the monitoring of your earnings and advancement.
How to Register an Affiliate Account with BlackBull Markets Step-by-Step
The “Partners” link is located in the upper left area of the BlackBull Markets website, between “Personal” and “Research.”
Step 1 – Click on the Partners Tab.
Marketing Affiliates may be advantageous for online marketers with advertising portfolios, blogs, forums, or websites. Select “Learn More” from the menu to obtain additional information regarding the program.
Step 2 – Click on the Partner Now option.
To register, simply click on the prominent “PARTNER NOW” banner.
Step 3 – Fill out the form.
Provide your name, phone number, email address, and country of residence. Provide the URL of your website or platform, as well as the demographic you are targeting and the marketing techniques you employ.
How can I become a successful BlackBull Markets affiliate?
Join BlackBull Markets’ affiliate program and use the material they provide to market the broker to friends and associates.
As an affiliate member of BlackBull Markets, will I get some assistance from them?
Yes, BlackBull Markets will assist you with a personal account manager and marketing material.
Customer Support
| Customer Support | BlackBull Markets Customer Support |
| ⏰ Operating Hours | 24/7 |
| 🗣 Support Languages | Multilingual |
| 👥 Live Chat | Yes |
| 📱 Email Address | Yes |
| 📞 Telephonic Support | Yes |
| ✅ The overall quality of BlackBull Markets Support | 4/5 |
Response Time
| 📞 Support Channel | ⏰ Average Response Time | 👥 User-based Response Time |
| Phone | 5 – 6 minutes | 4 – 7 minutes |
| 24 – 48 hours | 24 – 48 hours | |
| Live Chat | 1 – 3 minutes | 2 – 5 minutes |
| Social Media | 5 minutes | 5 minutes |
| Affiliate | 24 – 48 hours | 24 – 48 hours |
As an affiliate member, how long will I wait if I need info from BlackBull Markets' customer support?
You can expect a response within 24 – 48 hours.
Is customer support available in Spanish for Mexican traders at BlackBull Markets?
Yes, customer support is available in several languages, including Spanish.
Social Responsibility
We were disappointed to discover that BlackBull Markets’ website did not highlight any CSR initiatives during our assessment. Subsequently, it was discovered that they provide financial support to the Chiefs, a Super Rugby team, and other sporting events to demonstrate their community involvement.
Additionally, their tutorials, seminars, and other educational resources assist traders in gaining a more comprehensive understanding of financial markets.
User Comments and Reviews
BlackBull Markets has a good reputation in the industry, so we found the following user comments:
“I have encountered both positive and negative encounters at BlackBull Markets. Customer service and trading tools are satisfactory. However, the process of setting up my account was too lengthy.”
“I am hesitant to utilize their services until identity verification is easier.”
“Upon my enrollment at BlackBull Markets, I was astounded by the quantity of trading tools available.”
“Their platform is straightforward, and the spreads are satisfactory.”
“I had an excellent experience with BlackBull Markets. I am very fond of their customer service and rapid payment processing.”
“They should reduce card deposit fees and expand the number of payment alternatives.”
10 Best Forex Brokers in Mexico
Rank
Broker
Review
Regulators
Min Deposit
Official Site
Conclusion
After doing a thorough analysis of BlackBull Markets as a forex and CFD broker that is suited for traders in Mexico, we have arrived at a complex conclusion:
The broker provides a variety of deposit and withdrawal alternatives, such as the ability to process transactions in numerous currencies and the ability to conduct them quickly. This will be especially advantageous for Mexican traders prioritizing flexibility and efficient money management.
The broker’s competitive spreads were particularly apparent in our contacts with the ECN Prime and Institutional accounts. The broker also offers a high leverage of up to 1:500, which may benefit traders interested in maximizing their trading potential.
A wide variety of trading platforms guarantees that traders may use state-of-the-art tools and features customized to their own trading techniques.
Web marketers are attracted to the broker’s affiliate network due to its substantial earning potential, which includes a 10 percent commission on sub-affiliates and a maximum of $1,000 per customer.
However, there are specific areas in which BlackBull Markets should improve.
Firstly, even though BlackBull Markets provides a diverse selection of trading products, certain traders may find the high minimum deposit requirements for specific account types to be a disincentive.
Secondly, BlackBull Markets does not provide an account denominated in MXN and also imposes non-trading fees, which may affect the profitability of Mexican traders.
Our Insight
BlackBull Markets is a reliable and efficient broker. Consequently, BlackBull Markets might be an optimal choice for Mexican traders who need a trading atmosphere that is both dynamic and friendly.
Our Recommendations on BlackBull Markets
BlackBull Markets has a great deal to offer Mexicans. Nevertheless, certain areas require improvement, particularly to enhance Mexican trading:
Review the spreads and fees once more and consider reducing them to remain competitive in Mexico. Traders may be attracted and retained by enhancing the attraction of trading conditions.
If the minimum deposit criteria were reduced, a greater number of Mexican traders may utilize ECN Prime and Institutional accounts.
By providing Mexican traders with consistent market data and commentary in their own language, they may be able to more effectively monitor global market trends and make more informed trading decisions.
BlackBull Markets Pros and Cons
| ✅ Pros | ❌ Cons |
| Mexicans can register ECN accounts that offer competitive trading conditions | BlackBull Markets doesn’t offer MXN-denominated accounts |
| Traders can use leverage of up to 1:500 with BlackBull Markets | Withdrawal and Inactivity fees apply |
| There is a demo account available for 30 days | BlackBull Markets’ customer support languages are limited |
| BlackBull Markets has 24/7 customer support across channels | BlackBull Markets is not locally regulated in Mexico |
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Frequently Asked Questions
What is the leverage ratio of BlackBull Markets?
You can trade forex with leverage up to 1:500.
What is the minimum lot size in BlackBull Markets?
When trading BlackBull Markets forex currency pairs, your lot sizes start at a minimum of 0.01 lots.
Can I trade cryptocurrencies with BlackBull Markets?
Yes, you can trade Bitcoin, Ethereum, and Litecoin with BlackBull Markets.
Should I trade with a high leverage?
You can trade with the high leverage offered by BlackBull Markets, as small price movements can earn you significant profits, but you can also lose a lot of money.
Is BlackBull Markets a young company?
No, BlackBull Markets was already established in 2014 and has proven itself in the trading market.
