New Zealand ECN broker; it has no EU licence on our record.
- Headquarters
New Zealand
- Founded
- 2014
- Type
- Forex & CFD brokers
- Licences on record
- 2 (0 European)
- Platforms
- MetaTrader 4, MetaTrader 5, cTrader, TradingView
- Products
- Forex, CFDs
- Website
- blackbull.com
Strengths
- New Zealand-based ECN broker with MT4, MT5, cTrader and TradingView
Watch-outs
- No EU/EEA or UK licence on our record
- International clients served through a Seychelles entity
Overview
BlackBull Markets was founded in Auckland in 2014 and is registered with New Zealand's financial authorities, with a Seychelles-licensed entity for international clients.
For EU residents
We have no EU/EEA licence on record for BlackBull. That means no ESMA leverage caps, negative balance protection, EU compensation scheme or EU ombudsman. Our old site recommended BlackBull to European readers; we no longer do. See unregulated and offshore brokers.
Licences on record
Brands often operate several companies. The one that onboards you depends on where you live, and that company's regulator decides your protection. Confirm the entity on the official register before you deposit.
| Regulator | Jurisdiction | Type | Check it |
|---|---|---|---|
| FMA NZ Financial Markets Authority (New Zealand) | Non-European | Regulator website | |
| FSA Seychelles Financial Services Authority (Seychelles) | Offshore | Regulator website |
Verify BlackBull Markets yourself
- Find the exact company name in the footer of the website and in the client agreement you are asked to sign.
- Search that name on the register of the regulator listed for your country (links above). Make sure the register shows the same website domain.
- Check warning lists for look-alike names: IOSCO I-SCAN covers alerts from regulators worldwide.
- Never download remote-access software or move money because someone "from the broker" phoned you. How clone-firm scams work.
Protection Score breakdown
| Factor | Points |
|---|---|
| Best licence is a major non-European regulator | +25 |
| Operating for 12 years | +7 |
| Total | 32/100 |
The score measures structural protection from licences and corporate facts, not costs, service or platform quality. A high score does not mean a firm is right for you. Methodology.
Trader experiences
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About this data
Profile type: reviewed profile. Licence data is from our research and has not yet been re-checked against every register; confirm it on the official register before relying on it. Last updated 30 September 2026.