BlackBull Markets Demo Account Opening Process, Charges, & Benefits

ForexBrokers.com also recognized brokers that demonstrated excellence and innovation with our exclusive Industry Awards. Founded in 2014, BlackBull Markets is a forex and CFD broker headquartered in New Zealand. The broker has been fully authorized by the Financial Markets Authority (FMA) in New Zealand since 2020, and registered on the Financial Services Provider Register (FSPR) since the end of 2014.

• That said, BlackBull still has some room to grow in order to become more competitive.
• The broker now offers over 26,000 tradeable symbols; 2,500 are available on MetaTrader 5 and TradingView, and 311 symbols on MetaTrader 4.
• BlackBull Markets offers the full MetaTrader suite (MetaTrader 4 and MetaTrader 5) alongside multiple social copy trading platforms and a web app powered by TradingView.
• Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.

For the demo account, the broker offers as virtual money for 30 days. It is pretty challenging to know the forex market without any experience. Hence through the demo account, traders can learn about the broker’s features in a risk-free environment. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research and detailed forex guides, and we monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). Once traders get the required trading experience, they can create their trading strategies and start trading with real money.

BlackBull Markets Demo Account Features

Above all, the traders can be stress-free as the broker is well–regulated. If they find the strategies aren’t working then, traders can modify them. Select one or more of these brokers to compare against BlackBull Markets. It plays a crucial role because traders need to offer their residential and identity proof. Ideally, traders need to submit some documents which prove their identity and residential proof. Find out all about its incredible range of functionality with our support articles below.

It is pretty simple to open the BlackBull Markets demo account. The traders need to check the charges while opening an account here. Steven Hatzakis is the Global Director of Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry.

Why Trade with forex with BlackBull Markets?

It means traders can access all the features and tools without paying for them. Ideally, there are no fees applicable for the BlackBull Markets demo account. Firstly they need to visit the official site of the broker and choose the option to open a demo account. Before making any trading decision, the traders need to explore all the accounts available.

On the flip side, when traders choose live trading, they need to align with several charges, including commission and minimum deposit amount. The only difference here is that traders don’t need to pay any charges and trade in a risk-free environment. The virtual money available here allows traders to have limefx website a seamless trading experience. The broker offers a facilitative trading experience where potential traders can access the investment avenues. Ideally, traders need to register with a broker and open an account. Once they gain some trading experience, traders can start trading with actual currency.

Trade forex with BlackBuIl Markets

When it comes to the KYC process, the traders must have a PAN card handy. Yes, PAN is mandatory for opening a BlackBull Markets demo account. Besides that, the traders need to ensure that identity proofs are government-approved. Then they need to fill the form that pops up on their screen as per ease. When the traders complete the KYC process, they can avail themselves of the login credentials.

• The virtual money available here allows traders to have a seamless trading experience.
• Ideally, traders need to register with a broker and open an account.
• When it comes to the KYC process, the traders must have a PAN card handy.
• Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process).

Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. For example, https://limefx.vip/ the addition of quizzes and progress tracking features could help BlackBull further improve its educational offering for retail traders. But for the live trading account, traders need to pay the mandatory charges. The best part about the demo account is that traders don’t need to pay any charges. The account is ideal for traders who wish to learn about the market.

US Inflation Trading Opportunities Ahead

The BlackBull Markets demo account is perfect for traders who wish to learn about trading without incurring any losses. Besides the standard ECN, Prime ECN, Institutional ECN, the traders are free to choose a demo account also. It aims to offer an institutional-level trading experience to its clients across the globe.

Furthermore, even experienced traders can use the demo account and check if their strategies are good to go. On the flip side, when traders choose the live trading account, they need to align with various charges. The best of all is that traders don’t need to spend a penny from their pocket as the BlackBull Markets demo account is free of cost. The traders need to learn about the BlackBull Markets demo account before they start dealing with real money. BlackBull Markets recently expanded its market research coverage with the acquisition of research firm ATM Strategy. Considerable progress has been made in the broker’s research offering, though BlackBull Markets still trails behind the best forex and CFD brokers in this category.