BlackBull Markets review

No European licence on record New Zealand Forex / CFD Founded 2014 Reviewed 30 September 2026
32
Limited protectionProtection Score out of 100. See breakdown

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.

RegulatorJurisdictionTypeCheck it
FMA NZ Financial Markets Authority (New Zealand) New Zealand Non-European Regulator website
FSA Seychelles Financial Services Authority (Seychelles) Seychelles Offshore Regulator website

Verify BlackBull Markets yourself

  1. Find the exact company name in the footer of the website and in the client agreement you are asked to sign.
  2. Search that name on the register of the regulator listed for your country (links above). Make sure the register shows the same website domain.
  3. Check warning lists for look-alike names: IOSCO I-SCAN covers alerts from regulators worldwide.
  4. Never download remote-access software or move money because someone "from the broker" phoned you. How clone-firm scams work.

Protection Score breakdown

FactorPoints
Best licence is a major non-European regulator+25
Operating for 12 years+7
Total32/100

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.

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