Forex Brokers Argentina
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BlackBull Markets Review

BlackBull Markets offers over 26,000 instruments tradable with 9 different platforms. Argentinians can start trading without any deposit. BlackBull Markets is known for its cutting-edge technology and competitive prices. The broker is regulated in Seychelles.

Updated : July 8, 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 Withdrawels

Education and Research

Bonuses and Promotions

Affiliate Programs

Customer Support

Social Responsibility

Final Verdict

Pros and Cons

FAQ

Min Deposit

USD 50

Regulators

FMA, FSA

Trading Desk

MT4, MT5, WebTraer, FIX, API

Crypto

Yes

Total Pairs

64+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

Overview

BlackBull Markets Overview

 

As experienced reviewers, we’ve seen our share of brokers. However, BlackBull Markets really caught our attention lately. This New Zealand-based broker has created a reputation for itself by providing an institutional trading experience to all traders, including Argentinians.

 

What distinguishes BlackBull Markets is its focus on providing near-instant market access through its cutting-edge Equinix servers in New York, London, and Tokyo. This means we can quickly and easily trade Forex, equities, indices, commodities, and even cryptocurrencies such as Bitcoin and Ethereum.

 

BlackBull Markets additionally provides leverage of up to 1:500, allowing traders to fully realize their trading potential.

 

And for those who are interested in algorithmic trading, their VPS hosting services are invaluable, allowing traders to run the MetaTrader platform 24 hours a day, seven days a week, from a Virtual Private Server.

 

However, it’s not only about advanced features. BlackBull Markets also caters to newbies, providing extensive instruction and a low entrance hurdle with no minimum investment for the Standard account. We really applaud the inclusion on behalf of Argentinians.

 

Furthermore, the broker’s social and copy trading solutions, like CopyTrader, HokoCloud, ZuluTrade, and Myfxbook, bring a new dimension to Argentinians’ trading experience.

 

Overall, BlackBull Markets provides a distinct combination of innovative technology, numerous trading alternatives, and user-friendly features tailored exclusively to the requirements of Argentine traders. It’s a broker who knows its clients’ trading demands and preferences.

 

BlackBull Markets provides more than 26,000 trading products spread across global financial markets.

BlackBull Markets provides leverage of up to 1:500, allowing traders to maximize their market exposure.

BlackBull Markets Review At a Glance

🗓Established Year2014
🪪Regulation and LicensesFSA, FMA
🌟Ease of Use Rating3/5
💰BonusesNone
⏰Support Hours24/7
📊Trading PlatformsTradingView, cTrader, MetaTrader 5, MetaTrader 4, WebTrader, BlackBull CopyTrader, BlackBull Invest, ZuluTrade, Myfxbook
📈Account TypesECN Standard, ECN Prime, ECN Institutional
💸Base CurrenciesUSD, EUR, GBP, AUD, NZD, SGD, CAD, JPY. ZAR
📊SpreadsFrom 0.1 pips EUR/USD
📈LeverageUp to 1:500
💳Currency Pairs60+; major, minor, and exotic pairs
💰Minimum Deposit0 ARS ($0)
💸Inactivity FeeNone
🗣Website LanguagesEnglish
⚖️Fees and CommissionsSpreads from 0.1 pips, commissions from $6 per standard lot, round turn
📚Affiliate ProgramYes
🏛️Banned CountriesUnited States, Canada
💻ScalpingYes
🔎HedgingYes
✴️Trading InstrumentsForex, shares, commodities, futures, indices
👉 Open AccountOpen Account

Regulation and Safety of Funds

BlackBull Regulation

 

Global Regulations

🏛️Registered Entity🌎Country of Registration🔎Company reg.🔎Regulatory Entity📈Tier🪪License Number/Ref
Black Bull Group LimitedNew Zealand5463921FMA1FSP 403326
BBG Limited (BlackBull Markets)SeychellesFSA3SD045

 

BlackBull Markets Security of Funds

 

Protection of Client Funds

🛡️Security Measure🖺Information
Segregated AccountsYes, ANZ Bank New Zealand
Compensation Fund MemberNo
Compensation AmountNone
SSL CertificateYes
2FA (Where Applicable)Yes
Privacy Policy in PlaceYes
Risk Warning ProvidedYes
Negative Balance ProtectionYes
Guaranteed Stop-Loss OrdersNo
👉 Open AccountOpen Account

Yes, BlackBull Markets is regulated by the FMA in New Zealand and the Seychelles Financial Services Authority.

No, BlackBull Markets does not provide guaranteed stop-loss orders.

 Awards and Recognition

 

BlackBull Markets Awards

 

On the BlackBull Markets website, we found several accolades for BlackBull Markets:  

  • 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.

 Account Types

BlackBull Markets Account Types

 

🔍FeaturesECN StandardECN PrimeECN Institutional
⚖️AvailabilityAll; ideal for casual tradersAll; Ideal for experienced traders and scalpersIdeal for professional and institutional traders
📈MarketsAllAllAll
💳CommissionsNone$6 per round turnFlexible
💻PlatformsAllAllAll
📊Trade SizeFrom 0.01 lotsFrom 0.01 lotsFrom 0.01 lots
📈Leverage1:5001:500Flexible
💰Minimum Deposit0 ARS ($0)1.7 million ARS ($2,000)17.9 million ARS ($0)

 

BlackBull Markets Demo Account

We have thoroughly examined FP Markets’ demo account offering to provide a fair and helpful evaluation for potential traders.

 

FP Markets offers a demo account that is specifically designed for Argentinian traders, providing them with a comprehensive and risk-free platform to explore the world of trading. The demo account comes with a generous virtual capital, ranging from $5,000 to $100,000.

 

This should give you plenty of opportunities to experiment with different trading strategies. This flexibility enables traders to experiment with various market scenarios and trading volumes, replicating real-world conditions without any financial risk.

 

Signing up for the demo account is a simple and convenient process on the FP Markets website, ensuring Argentinian traders can easily access it. After signing up, traders are granted full access to the demo account for 30 days.

 

This timeframe is enough to develop trading skills and familiarize yourself with the platform’s features, laying a strong foundation for future trading endeavors.

 

It is worth mentioning that FP Markets offers a demo account for all types of accounts, including ECN Standard, ECN Prime, and ECN Institutional.

 

This inclusivity ensures that traders have the flexibility to choose the account type that suits their preferences and goals, catering to individuals at different stages of their trading journey.

 

BlackBull Markets ECN Standard

The ECN Standard account at BlackBull Markets is highly accessible, with a minimum deposit of 0 ARS. This makes it an attractive option for Argentinian traders who are just beginning their trading journey.

 

Offering spreads as low as 0.8 pips and no commission fees, it presents a budget-friendly way to enter the market. Traders have the option to start with trade sizes as small as 0.01 lots, which allows for greater flexibility in position sizing.

 

With leverage of up to 1:500, you can maximize your trading potential. Additionally, BlackBull Markets offers a swap-free option for those who follow Sharia law.

 

BlackBull Markets ECN Prime

If you’re looking for tighter spreads and greater precision, the ECN Prime account is a strong option. For this account, a minimum deposit of 1.7 million ARS ($2,000) is required.

 

It offers spreads starting from just 0.1 pips and a $6 commission per lot round turn. This structure is ideal for experienced traders and scalpers who want to reduce trading expenses.

 

With leverage of up to 1:500 and a minimum trade size of 0.01 lots, you can engage in strategic trading. In addition, this account provides access to advanced platforms and tools, offering a professional trading experience specifically designed for experienced traders in Argentina.

 

BlackBull Markets ECN Institutional

Professional and high-volume traders will find the ECN Institutional account at BlackBull Markets highly beneficial. This account is perfect for individuals who need customized trading conditions.

 

It offers flexible commission structures and incredibly low spreads starting from 0.0 pips. To access the premium account, a minimum deposit of 17.9 million ARS ($20,000) is necessary.

 

Trade sizes start at 0.01 lots, and leverage can be adjusted to accommodate different trading strategies. With the use of custom Equinix servers, traders in Argentina can enjoy optimal trading speeds, making it a top choice for institutional traders.

 

BlackBull Markets Islamic Account

BlackBull Markets, a New Zealand-based broker, provides an Islamic account that adheres to Sharia Law regulations.

 

This indicates that it is a swap-free account without any charges or credits for overnight interest. This feature is especially attractive to Muslim traders who want to ensure their trading activities align with their religious beliefs.

 

One notable aspect of the BlackBull Markets Islamic account is that it does not replace the lack of swap rates with additional charges. This is a welcome change from many other brokers who frequently add extra fees to compensate for the absence of swap fees.

 

Argentinian traders will value the transparency and straightforwardness of this approach, which enables them to trade with peace of mind, knowing that there are no hidden costs to worry about.

BlackBull Markets provides ECN Standard, ECN Prime, and ECN Institutional accounts.

Yes, BlackBull Markets offers hedging for all account types.

How To Open a BlackBull Markets Account

BlackBull Markets’ registration process is extremely simple and quick. Argentinians can register a retail account in just a few minutes by following the steps below:

 

Step 1 – Complete the application by filling out your details on the secure application form.

 

BlackBull Markets Step 1

 

Step 2 – Confirm the email and check the verification link within the email sent and wait for approval

 

BlackBull Markets Step 2

 

Step 3 –Your application will be reviewed and approved after this section has been completed.

 

BlackBull Markets step 3

 

  • Upload a clear proof of address document (such as a utility bill or bank statement from the previous three months) and a valid government-issued identification document (a passport, driver’s license, or state ID).

 

  • Choose a deposit method such as bank transfer, VISA, MasterCard, FasaPay, Neteller, Skrill, UnionPay, or PayPal, enter the desired deposit amount, and complete the payment process.

 

  • Use your trading account information to access a web-based platform or download your preferred trading software from the BlackBull Markets website.

 

  • Complete the verification process and include any additional files that BlackBull Markets requests. This procedure secures your account and ensures compliance with Anti-Money Laundering (AML) regulations.

 

  • You can start trading as soon as your account is funded and verified.

Yes, you may register with your Google, Facebook, or Apple ID for faster account creation.

The ECN Standard account has no minimum deposit, whereas other accounts have particular deposit restrictions.

Broker Comparison

🔍Features🥇 BlackBull Markets🥇 BDSwiss🥇 CMTrading
🗺️ RegulatationFSA, FMACySEC, FSC, BaFIN, FSA, Mwali International Services AuthorityFSA, FSCA
💻 Trading PlatformTradingView
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 feeYesNoYes
💳 Demo Trading AccountYesYesYes
💰 Minimum Deposit0 ARS ($0)
8,900 ARS ($10)8,900 ARS ($100)
📊 Leverage1:500Up to 1:20001:200
💰 SpreadsFrom 0.1 pipsFrom 0.0 pipsFrom 0.9 pips
🚀 CommissionsFrom $6 per lotFrom $2None; only the spread is charged
📊 Margin Call/Stop out75%/50%50%/20%From 20%
📊Order ExecutionInstant/MarketInstant/MarketMarket
❌No-Deposit BonusNoNoNo
🪙Cent AccountsNoYesNo
📒 Account TypesECN Standard
ECN Prime
ECN Institutional
Cent Account
Classic Account
VIP Account
Zero Spread Account
Bronze Account
Silver Account
Gold Account
Premium Account
🏛️SFC RegulationNoNoNo
💰COP DepositsNoNoNo
💻COP AccountNoNoNo
📞Customer Service Hours24/724/524/5
💳Retail Investor Accounts344
☪️Islamic AccountYesYesYes
💰Minimum Trade Size0.01 lots0.01 lots0.01 pips
💸Maximum Trade Size100 lots50 lotsUnknown
⏰Minimum Withdrawal TimeInstantInstantInstant
⏲️Maximum Estimated Withdrawal Time3 daysWithin 24 hoursUp to 3 working days
💳Instant Deposits and Instant Withdrawals?Yes, bothYesYes, deposits and withdrawals
👉Open AccountOpen AccountOpen AccountOpen Account

Trading Platforms

BlackBull Markets Trading Platforms

 

With BlackBull Markets Argentinians don’t have a lack of trading software. We’ve explored each of BlackBull Markets’ trading platforms to find the benefits and features that Argentinians can expect from this reputable broker.

 

  • MetaTrader 4: MT4 is a popular forex platform with a user-friendly interface and powerful charting features, especially suitable for traders in Argentina. Its built-in technical indicators and customizable charting tools help identify trends and entry/exit points, while its MQL4 programming language allows users to create custom indicators.

 

  • MetaTrader 5: MT5 is an innovative platform that offers enhanced features for Argentinian traders, allowing them to access a wide range of asset classes like stocks and commodities and explore both local and international markets. This is particularly beneficial due to recent volatility in the ARS.

  • TradingView: TradingView is a popular platform among Argentinian traders due to its visually appealing interface and customizable options. Its extensive community of traders allows for the sharing of ideas and strategies, providing valuable insights into the ARS market. The platform also offers charting tools and real-time data for technical analysis of ARS pairs.

 

  • WebTrader: WebTrader is a convenient platform for Argentinian traders, offering real-time price data and interactive charts for quick decision-making. It eliminates the need for downloads and offers a range of online trading tools, making it an ideal choice for on-the-go trading with BlackBull Markets’ accounts.

 

  • BlackBull CopyTrader: BlackBull CopyTrader is a platform that allows traders to replicate top performers’ trades, providing a convenient and effortless trading experience. It offers a user-friendly interface and comprehensive performance metrics to help traders identify and follow successful strategies, making it a simplified way to participate in the forex market.

 

  • BlackBull Invest: BlackBull Invest offers Argentinian traders a diverse range of investment options, including stocks, options, ETFs, and bonds. Its advanced research tools and detailed market data enable informed decision-making. The platform caters to beginners and seasoned investors, enabling easy navigation and personalized watchlist creation.

 

  • ZuluTrade: ZuluTrade is a social trading platform that connects Argentinian traders with experienced traders, allowing them to copy their trades automatically. It connects them to a global network of signal providers, offering a variety of strategies and insights. ZuluTrade also provides a performance ranking system and risk management tools to help traders find signal providers that align with their trading objectives. Its seamless integration with BlackBull Markets ensures smooth execution.

 

  • Myfxbook: Myfxbook offers advanced analytics and social trading capabilities for Argentinian traders, enhancing performance monitoring and analysis. Its seamless integration with BlackBull Markets allows seamless trade tracking. Myfxbook’s community features, forums, and strategy sharing promote collaborative learning, making it beneficial for traders.

 

  • cTrader: cTrader caters to Argentinian traders with its sleek interface and sophisticated features, offering lightning-fast execution speeds and advanced order features. Its user-friendly interface and support for multiple base currencies make it suitable for time-sensitive market opportunities and efficient fund management in Argentina.

 

BlackBull Markets Range of Markets

 

BlackBull Markets Range of Markets

 

📊Instrument📜Number of Assets Offered📈Max Leverage Offered
Forex70 +1:500
Shares26,000 +1:500
Indices3 +1:500
Commodities5 +1:500
FuturesNot specified1:500
Cryptocurrencies5 +1:500

 

BlackBull Markets Leverage and Margin

Being conversant with FP Markets, we are aware of the need to customize margin and leverage offers to meet the particular needs of traders, especially those in Argentina.

 

Our testing of FP Markets indicates that the broker gives traders the chance to increase their positions with competitive leverage options of up to 1:500.

 

One noteworthy feature of FP Markets is their adjustable margin requirements, which change depending on the type of account and particular trading products. This guarantees traders can modify margin levels according to their tastes and risk tolerance.

 

FP Markets also gives traders access to real-time monitoring tools as first priority so they can effectively manage their margin levels. This focus of FP Markets to support and openness highlights their commitment to enabling a safe and knowledgeable trading experience.

 

FP Markets’ strong infrastructure is particularly noteworthy for its capacity to enable rapid modifications, promoting a responsive trading environment.

 

FP Markets is dedicated to providing traders the resources they need to thrive in the always shifting financial environment by prioritizing technological dependability and responsiveness.

Yes, Argentinian traders may utilize TradingView and BlackBull Markets to do sophisticated charting and social trading.

Traders can trade commodities such as gold, silver, oil, and natural gas, which provide diversification chances for their portfolios.

BlackBull Markets Fees

BlackBull Markets’ fees depend on the instrument, account type, and market conditions. The broker has a transparent fee schedule, and we’ll discuss the main fee categories in the sections below.

 

BlackBull Markets Fees

 

BlackBull Markets Spreads

BlackBull Markets provides 0.0 pip ultra-tight spreads to Argentinian traders. Precision trading, frequently used by Argentinean traders, benefits especially from this.

 

The average spread on the EUR/USD for the Prime account is 0.16 pips, corresponding to an all-in cost of 0.76 pips after factoring in the per-side commission.

 

BlackBull Markets Commissions

In terms of commissions, we found that each traded lot (100,000 units) costs the Prime account $6 round-turn. Though Argentinians must consider this, it is not too expensive compared to many other brokers on the market.

 

BlackBull Markets Overnight Fees

Our research showed that BlackBull Markets imposes swap fees for open positions for more than a day. Argentinian traders who maintain positions overnight should be aware of these penalties and manage their transactions properly to minimize the impact of these fees.

 

BlackBull Markets Deposit and Withdrawal Fees

BlackBull Markets does not impose fees for making deposits into your account. However, for withdrawals made by credit/debit cards or electronic wallets, the broker levies a fee of $5 (or 5 units in any other account currency) for every withdrawal.

 

If Argentinian traders want to withdraw funds via bank transfer, each withdrawal costs $20 (or 20 units in any other account currency).

 

BlackBull Markets Inactivity Fees

Where dormant accounts are concerned, we found that there is a $10 fee charged after 12 months of inactivity, a typical fee charged by most brokers to encourage frequent trading.

 

BlackBull Markets Currency Conversion Fees

BlackBull Markets does not impose internal fees on currency conversion. Nonetheless, Argentinean traders should be aware that depending on the payment processor they use, third-party expenses or currency conversion fees might be applicable.

Min Deposit

USD 50

Regulators

FMA, FSA

Trading Desk

MT4, MT5, WebTraer, FIX, API

Crypto

Yes

Total Pairs

64+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

BlackBull Markets Deposits and Withdrawals

 

BlackBull Markets Deposit and Withdrawal

 

We liked the fact that BlackBull Markets offers Argentina traders a variety of deposit and withdrawal options. We are also impressed that instant deposits, withdrawals, and multi-currency options are available, as can be seen in this table:

💳Payment Method🌎Country🪙Currencies Accepted⏰Processing Time
Debit/Credit CardAllMulti-currencyInstant
Use PayChinaCNYInstant
SkrillAllMulti-currencyInstant
PoliNew ZealandNZDInstant
PaymentAsiaThailandTHBInstant
SEPAAllEUR, GBPInstant
NetellerAllMulti-currencyInstant
HexoPayCanadaCADInstant
Help2PayAllEUR, USDInstant – 48 hours
FXPayAllEUR, USDInstant – 48 hours
FasapayAllUSDInstant – 48 hours
CryptoAllUSDT ERC-20, USDT TRC-20, BTC, ETHInstant – 2 days
China Union PayAllMulti-currencyInstant
BoletoBrazilBRLInstant
BeetellerBrazilBRLInstant

 

BlackBull Markets Deposits

How to Deposit using Bank Wire Step by Step

  • Go to the “Deposit Funds” section.
  • Choose “Bank Wire” as the mode of deposit.
  • Copy the bank information that BlackBull Markets provided with great care.
  • Use the copied data to initiate a bank transfer from your Colombian account.
  • BlackBull Markets will credit your deposit to your trading account within 1-2 business days of receiving it.

 

How to Deposit using Credit or Debit Card Step by Step

  • Select “Deposit Funds” from the Client Portal.
  • Select “Debit/Credit Card” as the mode of deposit.
  • Enter the desired deposit amount and your card information.
  • After you confirm the transaction, you can trade with your funds immediately.

 

How to Deposit using Cryptocurrency Step by Step

  • Choose “Crypto” as the method of deposit.
  • Select the cryptocurrency you want (USDT, ERC-20, USDT TRC-20, Bitcoin, or Ethereum).
  • You will be given a special wallet address to deposit your cryptocurrency.
  • Proceed with the transfer from your personal crypto wallet.
  • Once the blockchain verifies the transaction, the funds will be credited to your trading account.

 

How to Deposit using e-Wallets or Payment Gateways Step by Step

  • Navigate to “Deposit Funds” in the Client Portal.
  • Select your preferred e-wallet or payment gateway from the available options (Skrill, Neteller, etc.).
  • Input the deposit amount as well as the e-wallet account details.
  • Simply follow the instructions provided by your chosen payment method to complete the transaction.
  • You should be able to trade with your money immediately.

 

BlackBull Markets Withdrawals

How to Withdraw using Bank Wire Step by Step

  • Choose “Withdraw Funds” from your Client Portal.
  • Choose “Bank Wire” as the mode of withdrawal.
  • Input the desired withdrawal amount, as well as your bank account details.
  • Verify the withdrawal request. Money typically reaches your bank account within a day or two.

 

How to Withdraw using Credit or Debit Cards Step by Step

  • Open the Client Portal and go to the “Withdraw Funds” section.
  • Select “Credit/Debit Card” as your preferred payment method.
  • After entering the withdrawal amount, the transaction is confirmed.
  • It usually takes a few business days to return the funds to your card.

 

How to Withdraw using Cryptocurrency Step by Step

  • Navigate to “Withdraw Funds” in the Client Portal.
  • Choose “Crypto” as the method of withdrawal.
  • Choose your coin and withdrawal amount.
  • To ensure that the money is returned, please provide the address for your cryptocurrency wallet.
  • After blockchain confirmation, the withdrawal will be processed.

 

How to Withdraw using e-Wallets or Payment Gateways Step by Step

  • Select “Withdraw Funds” from the Client Portal.
  • Select your preferred payment gateway or e-wallet.
  • When you have confirmed your request, enter the withdrawal amount.
  • Normally, money is returned directly to your e-wallet account.

Yes, most deposit methods at BlackBull Markets are handled immediately, giving traders speedy access to their cash.

Withdrawal processing periods vary; bank transfers normally take 1-2 business days, while e-wallets take only a few hours.

BlackBull Markets Education and Research

 

BlackBull markets Education

 

BlackBull Markets offers Argentinians the following education and research, according to the website.

📅Economic CalendarYes
➡️VPSYes
📊AutoChartistYes
📈Trading ViewYes
📉Trading CentralNo
📜Market AnalysisYes
🖺News FeedYes
📹BlogYes
📕eBooksNo
🎥Educational VideosYes
🗣️Platform TutorialsYes
🤳🏻WebinarsYes
💻SeminarsYes
🗣️Live SupportYes
👉 Open AccountOpen Account

Yes, BlackBull Markets provides tools such as economic calendars, market news, and technical indicators.

Yes, BlackBull Markets provides a variety of trading courses for both beginners and advanced traders.

Min Deposit

USD 50

Regulators

FMA, FSA

Trading Desk

MT4, MT5, WebTraer, FIX, API

Crypto

Yes

Total Pairs

64+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

BlackBull Markets Bonuses and Promotions

 

BlackBull Markets Refer a friend

 

$250 Referral Bonus

We investigated the BlackBull Markets referral bonus and its rules and restrictions. We discovered that BlackBull Markets and potential clients can earn $250 for referring new clients.

 

There are some requirements, such as:

  • To be eligible for this bonus, the referred customer must open a new live account through the referral link provided by the first person who referred them.
  • The trader you send must deposit a minimum of $500 or $2,000.
  • The referred trader must trade at least 5 or 20 foreign exchange lots, depending on the money they deposit.
  • If they follow this within 90 days, each party will receive the bonus money. The bonus terms specify that you can receive the referral bonus from January 1 to December 31, 2024.
  • Once eligibility is confirmed, the funds will be transferred automatically within 10 business days of the following month.

BlackBull Markets provides a referral bonus of up to $250 to both the referrer and the referred trader.

The referral bonus promotion is valid from January 1, 2024, until December 31, 2024.

BlackBull Markets Affiliate Programs

 

Blackbull Markets Affiliate program

 

BlackBull Markets, like most CFD and Forex brokers on the market, offers Argentinians a highly profitable partnership program. Let us look at the features and steps that Colombians can take to qualify for the cost-per-action commission:

Features

BlackBull Markets’ affiliate program, BlackBull Partners, provides an excellent opportunity for financial professionals to earn money online.

 

They ensure each affiliate has a personal account manager who assists them and offers advice based on their specific requirements. We found it very refreshing that this partnership program encourages people to collaborate rather than simply do business with each other.

 

One of the program’s most appealing features is the potential for significant financial gain. As a CPA member, you can earn up to $1,000 for each client you bring in. In addition, you will receive 10% of the profits your sub-affiliates generate.

 

We also learned that BlackBull Markets provides monthly payments and real-time reports to help you track your earnings and progress.

 

How to Register an Affiliate Account with BlackBull Markets Step-by-Step

Step 1 –  Log in and visit the Refer a Friend page for full details.

 

BlackBull Markets Affiliate step 1

 

Step 2 – Fill Out the Application Form: 

 

BlackBull Markets Affiliate step 2

 

Complete the form on the BlackBull Markets affiliate program page. Be thorough and honest with your information.

 

Step 3 – Submit and Wait for Approval: 

Once you fill out your information, it may be automatically approved or reviewed. If it’s a manual review, it may take a few hours to a few weeks before they review your application.

Affiliates can earn up to $1,000 per referred client and receive a 10% commission from their sub-affiliates.

Affiliates are assigned a dedicated account manager and have access to multilingual marketing resources.

Customer Support

📞Customer Support🗣️AvaTrade Customer Support
⏰Operating Hours24/5
🗣️Support LanguagesMultilingual
🗨️Live ChatYes
📧Email Address
📞Telephonic SupportYes
🌟The overall quality of AvaTrade Support5/5
👉 Open AccountOpen Account

 

BlackBull Markets Customer Support

 

Response Time

Support ChannelAverage Response TimeUser-based Response Time
📞Phone5 – 6 minutes4 – 7 minutes
📧Email24 – 48 hours24 – 48 hours
🗨️Live Chat1 – 3 minutes2 – 5 minutes
#️⃣Social Media5 minutes4 – 6 minutes
🗣️Affiliate24 – 48 hours24 – 48 hours

BlackBull Markets offers multilingual support, which includes English.

You can contact BlackBull Markets through live chat, email, or phone.

Social Responsibility

During our evaluation, we were disappointed to find no mention of CSR initiatives on BlackBull Markets’ website. It was later discovered that they support various sporting events, including the Chiefs, a Super Rugby team, as a sign of community involvement. Their tutorials, seminars, and other educational materials help traders become more familiar with financial markets.

Conclusion

After conducting a thorough assessment, it is clear that BlackBull Markets is an excellent option for Argentinian traders searching for a trustworthy and flexible forex and CFD broker.

 

The broker’s platform offerings, such as TradingView, cTrader, MetaTrader 4, and MetaTrader 5, are designed to meet the needs of different trading styles and objectives.

 

These advanced tools and features are essential for effective trading for Argentinian traders. With the option to leverage up to 1:500 and a wide variety of tradable instruments, traders can enhance their trading experience and strategically diversify their investments.

 

Nevertheless, there are significant disadvantages. Some traders might be concerned about the absence of local regulation by Argentina’s Financial Services Commission (FSC).

In addition, it’s important to be mindful of the withdrawal and inactivity fees for dormant accounts when using BlackBull Markets’ various funding options. These fees can have an impact on your overall profitability, so it’s crucial to manage them carefully.

 

We also have to mention that BlackBull Markets doesn’t support ARS as an account, deposit, or withdrawal currency, which could lead to currency conversion fees.

 

Despite these drawbacks, BlackBull Markets’ dedication to customer support, available around the clock, guarantees Argentinian traders can receive assistance whenever necessary.

 

Furthermore, the referral program and the affiliate partnership offer additional ways to earn money, which can appeal to those who want to make the most of their connections.

 

Overall, we believe that BlackBull Markets is a strong and innovative broker, although some areas could be improved, such as local regulatory compliance and fee structures.

 

With its valuable features and support, this platform can greatly benefit Argentinian traders, making it a standout choice in the competitive brokerage landscape.

 

Our insights

BlackBull Markets is a New Zealand based multi-asset broker, offering 26,000+ tradeable instruments, spreads from 0.0, and with 24/7 customer service and is especially reputable for its customer service
 

BlackBull Markets User Comments and Reviews

  • “BlackBull Markets has great conditions and a lot of different tools to trade. I really like how low the spreads are and how quickly orders are filled. The only bad thing I’ve seen is that customer service sometimes takes too long to respond. All in all, though, I would suggest them to buyers of all levels.”

 

  • “I think BlackBull Markets is a good company for forex traders. There are great choices for leverage, and the tool works very well. But if you don’t trade very often, their inactive fees can catch you off guard.”

 

  • “I’m so glad I moved from another broker to BlackBull Markets. Their spreads are narrower, and they act very quickly. Also, I’ve had a great time with their customer service team.”

 

Our Recommendations on BlackBull Markets

  • Introduce accounts in ARS (Argentine Peso) to save on currency conversion fees and make trading more convenient for local traders.

 

  • Reviewing and potentially reducing withdrawal fees would be beneficial, particularly for popular methods such as credit/debit cards and e-wallets. This would enhance the platform’s appeal and competitiveness in the Argentinian market, where cost efficiency plays a vital role.

 

  • A dedicated customer support team that understands Argentinian traders’ unique needs and concerns would greatly improve the user experience. This team is well-equipped to offer assistance in the local language and deeply understands the specific obstacles that traders in Argentina encounter.

 

  • Take a look at the policy regarding inactivity fees and consider implementing more flexible terms. Providing options to avoid fees, such as keeping a minimum activity level, can help traders avoid unexpected charges.

BlackBull Markets Pros & Cons

✅Pros ❌Cons
Colombians can register ECN accounts that offer competitive trading conditionsBlackBull Markets doesn’t offer a COP-denominated account
Traders can use leverage of up to 1:500 with BlackBull MarketsWithdrawal and Inactivity fees apply
There is a demo account available for 30 daysBlackBull Markets’ customer support languages are limited
BlackBull Markets has 24/7 customer support across channelsBlackBull Markets is not locally regulated in Colombia

 

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Frequently Asked Questions

You can trade with leverage up to 1:500 at BlackBull Markets.

When trading BlackBull Markets forex currency pairs, your lot sizes can start at 0.01.

Yes, at BlackBull Markets, you can trade Bitcoin, Ethereum, and Litecoin against the US dollar.

No, trading with the maximum of1:500 leverage offered by BlackBull Markets may not be safe. Although it can increase potential profits, you can also lose money easily. 

BlackBull Markets was founded in Auckland, New Zealand and is still headquartered there.

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