BM
Broker Review

BlackBull Markets Review 2026

7.8
Overall Score
FMAFSA
Reviewed by FXTopBrokers Editorial Team · Updated January 2026

BlackBull Markets is a ecn/stp broker regulated by FMA. We tested this broker with a live account and assessed trading conditions, platform quality, withdrawals and customer support.

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Quick Facts
Founded
2014
Headquarters
Auckland, New Zealand
Primary Regulation
FMA
Min. Deposit
$100
Typical Spread
0.1 pips
Broker Type
ECN/STP Broker
Scoring breakdown
How BlackBull Markets Scored
Regulation & Safety
8.0
Spreads & Costs
7.9
Execution Quality
7.9
Platform & Tools
7.8
Withdrawals
7.4
Customer Support
7.7
Verdict
Our Verdict

BlackBull Markets is a well-regulated forex and CFD broker regulated by FMAbased in Auckland, New Zealand. It offers a range of trading instruments and account types suited to retail traders.

Our testing found execution to be consistent and the platform reliable under normal conditions. Withdrawals were processed within the stated timeframe.

Best for: Trading Conditions looking for a regulated and established broker in Auckland, New Zealand.

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⚠ Risk Warning: Trading forex and CFDs involves significant risk. 68–89% of retail investor accounts lose money when trading CFDs. Consider whether you can afford the high risk of losing your money.
7.8
★★★★
Overall Score / 10
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Key Numbers
Min. Deposit$100
Spread from0.1 pips
RegulationFMA
Founded2014
HQAuckland, New Zealan