Forex Trading Series A

BlackBull Markets

Institutional-grade ECN trading for every global investor

Available in 8 countries Last verified: May 2026
Visit BlackBull Markets
Founded
2014
Users
Tens of thousands across 180+ countries
Total Funding
N/A (Minority stake by Milford Asset Management)
Employees
51-200

🏢 Company Overview

Headquarters
Auckland, New Zealand
Funding Stage
Series A
Total Funding
N/A (Minority stake by Milford Asset Management)
Users
Tens of thousands across 180+ countries
Pricing
Freemium
Rating
★ 4.0
AML Compliant GDPR PCI DSS Broker License Client funds held in Tier-1 NZ-segregated bank accounts (S&P AA-, Fitch A+, Moody's A1); not government-backed deposit insurance

ℹ️ About BlackBull Markets

About BlackBull Markets BlackBull Markets is a multi-regulated, multi-asset ECN broker headquartered in Auckland, New Zealand, founded in 2014 by Michael Walker and Selwyn Loekman.

It is one of the few retail brokers to deliver genuine institutional-grade trading conditions — including raw spreads from 0. 0 pips, direct market access via LMAX liquidity infrastructure, and leverage up to 1:500 — to traders of all experience levels.

The platform grants access to 26,000+ tradable instruments spanning Forex, CFDs, indices, commodities, precious metals, energy, stocks, ETFs, and crypto, all executable across MetaTrader 4, MetaTrader 5, cTrader, TradingView, and the proprietary BlackBull CopyTrader and BlackBull Invest platforms.

Operating under a dual-entity regulatory structure — FMA-licensed in New Zealand (FSP403326) and FSA-regulated in Seychelles (SD045) — BlackBull Markets safeguards client funds via Tier-1 NZ-based segregated bank accounts rated AA- by S&P, A+ by Fitch, and A1 by Moody's.

The broker offers three ECN account tiers: Standard (0.8-pip spreads, zero commission), Prime (0.0-pip spreads, $3/lot commission), and Prime+ (invite-only, with commission rebates). All accounts feature zero minimum deposit and support swap-free configurations.

Backed by a minority stake investment from Milford Asset Management — a NZ/AU firm managing over NZ$34 billion — BlackBull Markets has served traders from 180+ countries and continues to expand its fintech ecosystem with copy trading, social trading via ZuluTrade, and integrated TradingView charting.

⚡ Key Features

ECN true STP execution via LMAX liquidity network
26,000+ tradable instruments across six asset classes
Raw spreads from 0.0 pips on Prime/Prime+ accounts
Multi-platform support: MT4, MT5, cTrader, TradingView
BlackBull CopyTrader cross-broker low-latency copy system
ZuluTrade social trading integration with 192-country signal providers

💪 Strengths & Weaknesses

4 Pros 3 Cons
💪
Strengths
What it does well
Institutional ECN spreads from 0.0 pips
26,000+ multi-asset instruments
Zero minimum deposit on all accounts
Dual-jurisdiction multi-regulator oversight
⚠️
Weaknesses
Areas to improve
No EU/UK retail client onboarding
US and Canada residents excluded
Prime+ account invite-only access

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🌍 Available In

8 countries
New Zealand Australia United Kingdom Singapore South Africa Thailand Indonesia Malaysia
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