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Trading Conditions

Last Updated: Apr 17, 2018 06:46PM NZST

What are your trading hours?

Our clients are able to trade from market open on Monday to market close on Friday, 24 hours a day 5 days a week. Our specific opening hours are different across the world due to time zone differences. As such we have our opening time in the three major markets.
 
  NZST (NZ)      JST (Japan)      GMT (London)      EST (East USA)
Open    11:00 (Mon) 07:00 (Mon) 22:00 (Sun) 17:00 (Sun)
Close 10:00 (Sat) 06:00 (Sat) 21:00 (Fri) 16:00 (Fri)
 

What Spreads do you offer?

For an ECN Standard Account, the spreads start from 0.9pips
For an ECN Prime Account, the spreads start from 0.2pips
For an ECN Institutional Account, the spreads start from 0.0pips

 

What is your commission rate?

For an ECN Standard Account, there is no commission
For an ECN Prime Account, the commission is $3.00 per lot ($6.00 per round turn)
For an ECN Institutional Account commission on this Account is negotiable

 

Does BlackBull Markets use a Dealing Desk?

No, BlackBull Markets is a strictly non-dealing desk. We only offer ECN Accounts and Straight Through Processing services which both prevent this practice and conflicts of interest.

 

Does slippage occur on your server?

Slippage almost never occurs, however, this being said, during very high trading periods (such as during easily traded news events) slippage can occur. Slippage may be to both your benefit or your detriment.

 

Do you do re-quotes?

No, BlackBull Markets does not do re-quotes

 

What Trading Platforms do you offer?

We have a BlackBull Markets MetaTrader 4 platform as our primary trading platform. We have made this available for clients on Windows, Mac, Android, and iOS.

We also offer access to the WebTrader Platform, so our clients can access our markets wherever they can find internet .

 

What are your Margin Calls and how are they implemented?

When your margin drops below 70% we issue you a margin call notice to top up your funds. Once your margin drops below 50% your trade will automatically closed  out.

 

Do you have Swap-Free/Islamic Accounts?

Yes, BlackBull Markets offers Islamic Financial Law compliant Accounts.
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