
BlackBull Markets Review 2023
Please note: The BlackBull Markets review is based on a Standard Account, using the MT5 desktop and mobile platforms, opened with BBG Limited.
The Big Picture
Founded in 2014, BlackBull Markets is a multi-asset online CFD broker based in New Zealand. The broker also offers non-CFD options, providing access to 26,000+ equities from across the globe.
BlackBull Markets provides its services via BBG Limited, which is regulated by FSA Seychelles, and Black Bull Group Limited, which is regulated by New Zealand FMA.
The broker offers highly popular MetaTrader 4, MetaTrader 5, and TradingView platforms. For the equity offering, traders will use the BlackBull Markets Share Trading Platform.
BlackBull Markets provides access to forex pairs, indices, commodities, equities, indices, and cryptocurrencies. Traders can choose between three accounts: ECN Standard, ECN Prime, and ECN Institutional. An Islamic account is available for all listed above accounts.
There are many options for deposits and withdrawals which are available in various base currencies. The broker also provides solid educational and research support.
8 Key Takeaways of BlackBull Markets For 2022
- We evaluated BlackBull Markets across 9 categories (Trust and Stability, Fees, Tradable Instruments, Account Types, Deposit and Withdrawal, Research, Customer Support, Education, and Platform and Tools).
- BlackBull Markets received excellent scores in the Account Types category thanks to three account types for different types of traders and in the Deposit and Withdrawals category for multiple payment options and base currencies.
- The broker has also received a high score in the Platform and Tools category as it provides access to MT4, MT5, and TradingView, and has a separate platform for equity trading.
- The score in the Customer Support category was high due to the quick and professional answers from the support team.
- The broker got a high score in the Tradable Instruments category thanks to a huge equity offering, as well as a high number of available commodities and indices.
- BlackBull Markets got a decent score in the Education and Research categories in our rating. The broker has developed an Education Hub and provides useful third-party research tools.
- The broker received a decent score in the Fees category as it offers low spreads for some instruments.
- Though BlackBull Markets offers a high level of transparency, it received an average score in the Trust and Stability category as it’s regulated by Tier-1 and Tier-3 regulators.
Who is BlackBull Markets For?
Beginner traders will benefit from strong educational and research support and an extremely low minimum deposit level. Advanced traders will enjoy a wide choice of platforms, a huge equity offering, and lower fees at an institutional account, which can be opened with a minimum deposit of $20,000.
BlackBull Markets Pros and Cons
Pros | Cons |
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Your capital is at risk.
About the Author
How Do We Rate?
☑️ Regulations | FSA Seychelles (Seychelles), FMA New Zealand (New Zealand) |
🗺 Supported Languages | English, Spanish, French, Chinese, Greek |
💰 Products (CFD) | Currencies, Commodities, Indices, Stocks, Crypto |
💵 Min Deposit | $0 |
💹 Max Leverage | 1:500 (FSA Seychelles), 1:500 (FMA New Zealand) |
🖥 Trading Desk Type | ECN, No dealing desk, STP |
Your capital is at risk.
Trust
BlackBull Markets received an average score in our Trust and Stability categories. The broker is regulated by Tier-1 and Tier-3 regulators, however, offers a high level of transparency.
BlackBull Markets Regulations
BlackBull Markets operates under two entities:
- BBG Limited is regulated by the Financial Services Authority (FSA). We rate FSA as a Tier-3 regulator.
- Black Bull Group Limited is regulated by the Financial Markets Authority (FMA). We rate FMA as a Tier-1 regulator.

Why is It Important to Know Where Your Broker Subsidiary Is Regulated?
Each regulator has its requirements for brokers, which may differ materially. Such requirements include leverage levels and specific protections offered to investors, including negative balance protection, segregated accounts, and investor compensation funds. Traders must understand the differences between regulations to evaluate whether the broker suits their needs.
BlackBull Markets operates via BBG Limited, which is regulated by FSA Seychelles, and Black Bull Group Limited, which is regulated by FMA.
The broker uses segregated client accounts, which means that the firm’s money is separated from the clients’ money. The use of segregated accounts improves the safety of clients’ funds in case BlackBull Markets has financial issues. The company uses ANZ Bank to manage its operational liquidity.
The broker also provides negative balance protection, which means that clients cannot lose more money than they have in their accounts.
We have summarized key aspects of the broker’s entities in terms of regulation and safety in the table below:
Entity | BBG Limited | Black Bull Group Limited |
Country/Region | FSA (Seychelles) | FMA (New Zealand) |
Regulation | Tier-3 | Tier-1 |
Segregated Funds | Yes | Yes |
Negative Balance Protection | Yes | Yes |
Compensation Scheme | No | No |
Standard Leverage | Up to 1:500 | Up to 1:500 |
Is BlackBull Markets Safe to Trade With?
BlackBull Markets has entities regulated by FMA (Tier-2 regulator) and FSA (Tier-3 regulator). The broker provides negative balance protection and holds clients’ funds in segregated accounts.
Negative balance protection ensures that clients will not lose more money than they have in their accounts. Segregation of clients’ funds from the firm’s funds means that the company will not use the funds of clients for its own needs.
Stability and Transparency
In our tests for the Trust category, we also cover factors relating to stability and transparency. Here, we focused on how long the broker has been in business, how big the company is, and how transparent it is in terms of information being readily available.
BlackBull Markets has been in business for nine years, it is not publicly traded and doesn’t have a bank parent, which is usual for brokers.
BlackBull Markets received a high score for fees structure transparency, regulation protection transparency, and general transparency as it provides easy access to all important information on its website. Traders can find the relevant documents in the legal policies section of the company’s website.These documents include the Privacy Policy, Risk Warning, Client Services Agreement, Complaints Handling Procedure, and Website Terms of Service.
Traders can find the spreads for the instruments in the markets overview section of the website, while details on the account types can be found in the accounts comparison section.
In summary, our findings indicate that BlackBull Markets can be regarded as having a decent level of trust and stability due to the following factors:
- BlackBull Markets is regulated by Tier-1 and Tier-3 regulators.
- The broker has been in business for over 9 years.
- The company provides easy access to important information on its website.
Fees
BlackBull Markets received a decent score in the Fees category thanks to the low spreads for GBP/JPY, Gold, Apple, Tesla, and Dow Jones.

BlackBull Markets Trading Fees
For this review, we tested the BlackBull Markets Standard Account, where the broker charges spreads and swap/rollover fees but does not charge commissions. Spreads are variable and depend on the liquidity situation in each instrument at a certain point in time.
BlackBull Markets Spreads
We tested the spread on the BlackBull Markets Standard Account during the London open at 8:00 a.m. UK time and just after the US open at 2:45 p.m. UK time. These are the most actively traded times.
Instrument | Live spread AM | Live spread PM |
EURUSD | 1.2 | 1.1 |
GBPJPY | 1.6 | 2 |
Gold (XAUUSD) | 35 | 26 |
WTI Oil | 0.07 | 0.07 |
DAX | 1.8 | 2 |
Dow Jones | 2.3 | 2 |
Apple | n/a | 0.17 |
Tesla | n/a | 0.06 |
Our tests indicated that BlackBull Markets has low spreads for GBP/JPY, Gold, Apple, Tesla, and Dow Jones. The spreads for EUR/USD and DAX were medium, while the spreads for WTI Oil were high.
Swap Fees
Instrument | Swap Long | Swap Short |
EUR/USD | -9.9657 | 3.8382 |
GBP/JPY | 10.656 | -28.5768 |
The swap fees for EUR/USD were medium and for GBP/JPY were high.
Are BlackBull Markets Trading Fees Good?
BlackBull Markets received a decent score in the Fees category. The broker offers attractive spreads for a number of instruments, while the swap fees we measured were medium and high.
Non-Trading Fees
BlackBull Markets charges an inactivity fee of $10 in case the client had no transactions for a period of twelve months.
Platforms and Tools
BlackBull Markets received a high score in the Platform and Tools category. The broker offers the highly popular MetaTrader 4 and MetaTrader 5 platforms, TradingView as well as the Share Trading platform.
BlackBull Markets Desktop and Web Platforms
In this review, we tested the MetaTrader 5 platform analyzing charts, indicators, drawing tools, orders, and the general ease of use of the platform.

General Ease of Use
MT5 is an advanced trading platform that could be tailored to traders’ needs. The interface is rather intuitive, although some traders may want to search for tutorials to take a deep dive into MT5’s capabilities. In general, advanced traders would have no problems with MT5, while beginners have to spend some time learning the basics of this platform.
Novice traders should go through various chart options, indicators, drawing tools, and orders. Also, they have to learn how to create their watchlists and manage their trading positions. Despite this requires some time and effort, traders who invest in learning ultimately, get a powerful tool that helps achieve better trading results.
Charts
MT5 offers 97 indicators and 21 timeframes, which is more than enough to customize your charts and adjust them to your needs.
Trend indicators, oscillators, volumes, Bill Williams, and custom indicators help to design the chart you need.
Available timeframes range from 1 minute to 1 month so they provide the trader with an opportunity to take a look at short-term developments and significant multi-month trends.
MT5 also supports objects:
- lines
- channels
- Gann tools
- Fibonacci tools
- Elliott tools
- shapes
Many traders use these popular tools to make decisions, so their presence is a must for any reputable trading platform.
Each chart could be displayed as a bar, a candlestick, and a line. Candlesticks are generally the most popular among traders as they suggest an abundance of various patterns that are used to make trading decisions. Although, other types of charts also have their fans.
MT5 charts are easy to configure even for novice traders but they also offer enough options for expert traders.
Orders
MT5 offers all main order types including:
- Market order. This order is used to buy or sell the instrument at the current market price. It is used when the trader needs to establish a position in the fastest possible way. The main downside of the market order is the necessity to pay a spread, which is a difference between the bid price and the ask price.
- Limit orders. This order is used to buy or sell the instrument at a pre-set price or better. A limit order is used when the trader wants to get a specific entry point and is unwilling to pay the current market prices.
- Stop-loss orders. Stop-loss orders are used to get you out of the position when the price is moving in the wrong way. The order is triggered when the price reaches a specified point.
- Stop limit orders. This is a stop-loss order which puts a limit order instead of a market order when it is triggered. This is a dangerous way to get out of the position and it should be used only by experienced traders.
- Trailing stop orders. This order allows you to set a stop order that will move if your open position trends in the right direction. This order is used to protect your profits in case the market direction reverses.
Different expiration types are available for all pending orders, including GTC (good-till-cancel), Today, Specified, and Specified Day.
BlackBull Markets Mobile App
In this review, we have tested the BlackBull Markets Mobile App for Android.
General Ease of Use
The MT5 mobile app for Android is rather easy to use. It provides charts, quotes, account balance info, economic calendar, news, and other tools giving traders an opportunity to make informed trading decisions.

Charts
MT5 mobile app offers:
- 30 technical indicators
- 24 drawing tools
- 9 timeframes
- 3 chart types
This selection of options is sufficient for mobile-based trading. Typically, the mobile app is used when the trader does not have access to the desktop platform but needs to monitor the market and open positions. While the app is helpful in certain circumstances, it cannot beat the speed of work that could be achieved using the desktop platform, which is the primary solution for active trading.
Orders
In an MT5 mobile app, you can set market orders, limit orders, and stop orders. Trailing stops are not available on mobile trading terminals.
Tradable Instruments
BlackBull Markets received a high score in the Tradable Instruments category. The broker provides a high number of commodities and indices and has a huge stock offering.
BlackBull Markets gives access to 72 forex pairs, 22 commodities, 10 indices, 9 cryptocurrencies, and over 26,000 stocks. The number of available forex pairs is medium, while the number of available commodities, indices, and cryptocurrencies is high.
Traders should note that the stock offering is a separate share trading offering, which provides access to stocks from various global markets.
What are CFDs?
CFDs (Contracts for Differences) are financial instruments that allow traders to bet on securities without owning the underlying securities. The key advantage of CFDs is the access to significant leverage, which is typically not available when trading other instruments. In this light, CFDs are very popular in short-term trading.
What Can You Trade with BlackBull Markets?
- 72 forex pairs. Available forex pairs include popular names like EUR/USD and GBP/JPY, as well as exotic options like CHF/DKK and EUR/HKD.
- 10 indices. The list includes popular indices like S&P 500, FTSE 100, and Dow Jones.
- 26,000+ stocks. The list includes popular equities of Amazon, Apple, Google, and Netflix.
- 9 cryptocurrencies. Traders have access to popular cryptos like Bitcoin, Ethereum, and Ripple.
- 22 commodities. The list includes energy, metals, and agricultural commodities.
Forex | Shares |
EUR/USD | GBP/JPY | CHF/DKK | Apple | Tesla| Meta |
Indices | Cryptocurrencies |
S&P 500 | FTSE 100| Dow Jones | Bitcoin| Ethereum| Ripple |
Commodities |
WTI Oil | Gold | Corn |
BlackBull Markets offers forex pairs, commodities, indices, stocks, and cryptocurrencies. Traders should note that the broker has a separate rich stock offering in addition to its CFD and FX offering.
Customer Support
BlackBull received a high score for customer support in our rating. The broker provides support 24/7 via online chat, phone, and email. Customer support languages include English, Spanish, French, Greek, and Chinese.
BlackBull Markets Customer Support Test
We have contacted BlackBull markets customer support several times through online chat and found that the support team’s answers were quick and professional. We asked about regulations, available tradable instruments, and negative balance protection. The support team presented clear answers and also provided links to the relevant sections of the broker’s website.

BlackBull Markets received an excellent score in the Deposit and Withdrawal category. The broker provides a high number of deposit and withdrawal options, which are available in multiple base currencies.
The broker’s clients have multiple options to deposit and withdraw funds from their accounts. As usual, the Bank Wire is the slowest option for both deposits and withdrawals.
BlackBull Markets Deposits
Deposit Method | Base Currencies | Fees | Processing Time |
Visa/Mastercard/China Union Pay | USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY, ZAR | No | Instant |
Crypto | BTC, BCH, ETH, LTC, XRP, DOGE, ADA, DOT, LINK, EOS, XLM | No | Instant |
Bank Wire | USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY, ZAR | No | 1-3 days |
Skrill | USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY, ZAR | No | Instant |
Neteller | USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY, ZAR | No | Instant |
AstraPay | USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY, ZAR | No | Instant |
Beeteller | USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY, ZAR | No | Instant |
Boleto | USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY, ZAR | No | Instant |
FasaPay | USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY, ZAR | No | Instant |
FXPay 88 | USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY, ZAR | No | Instant |
Help2Pay | USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY, ZAR | No | Instant |
Interac | USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY, ZAR | No | Instant |
OpenPayd | USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY, ZAR | No | Instant |
PaymentAsia | USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY, ZAR | No | Instant |
PicPay | USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY, ZAR | No | Instant |
PIX payment | USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY, ZAR | No | Instant |
Poli | USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY, ZAR | No | Instant |
Thai QR Payment | USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY, ZAR | No | Instant |
Transferencia Electronica Disponivel | USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY, ZAR | No | Instant |
BlackBull Markets provides a high number of deposit options. Most options offer immediate service, while bank wire takes 1-3 days to process. Traders should check the details of any specific deposit option they plan to use. While BlackBull Markets supports the above-mentioned currency options, some methods may incur exchange rate fees.
BlackBull Markets Withdrawals
Withdrawal Method | Base Currencies | Fees | Processing Time |
Visa/Mastercard/China Union Pay | USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY, ZAR | No | 3-5 days |
Bank Wire | USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY, ZAR | No | 3-5 days |
Skrill | USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY, ZAR | No | 3-5 days |
Neteller | USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY, ZAR | No | 3-5 days |
FasaPay | USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY, ZAR | No | 3-5 days |
Note that withdrawals using Visa, Mastercard, China Union Pay, Skrill, FasaPay, and Neteller cannot exceed the amount you have deposited via that method. These limitations are implemented in accordance with BlackBull Markets AML Policies. Traders should use Bank Wire to withdraw profits in excess of their original deposit.
BlackBull Markets does not charge withdrawal fees. However, transfer fees are applied by banks and payment system providers in the amount of 5.00 base account currency.
Account Types and Terms
BlackBull received a high score in the Account Types and Terms category. The broker offers several types of accounts, multiple base currencies, and an Islamic Account option.

Why is Choosing the Right Account Type Important?
The account you choose must suit your needs. Typically, the trader should focus on base currency options, contract size, commission, fees, the number of pending orders/positions, and the minimum deposit size.
What Account Types does BlackBull Markets Offer?
Account | ECN Standard Account | ECN Prime Account | ECN Institutional Account |
Commission (excluding equities) |
No | $6.00 per lot | $3 per lot |
Spread | From 0.8 | From 0.1 | From 0.0 |
Minimum Deposit | $0 | $2,000 | $20,000 |
Leverage | Up to 1:500 | Up to 1:500 | Up to 1:500 |
Islamic Account | Yes | Yes | Yes |
Demo Account | Yes | Yes | No |
BlackBull Markets offers three account types: ECN Standard Account, ECN Prime Account, and ECN Institutional Account. The ECN Standard Account is a spread-based account where the broker charges spreads and swap/rollover fees but does not charge commissions.
ECN Prime Account and ECN Institutional Account are commissions-based where the broker charges spreads, commissions, and swap/rollover fees.
Traders should note that Standard Account can be opened with any sum of money. To open a Prime Account, traders should deposit at least $2,000. The Institutional Account has a minimum deposit of $20,000.
The accounts have swap-free (Islamic account) options. Traders can also practice on demo accounts for Standard and Prime accounts. The accounts offer leverage of up to 1:500.
What is CFD leverage?
CFD Leverage allows you to avoid paying the full value of the position. Instead, you pay a deposit, which is called margin, while the remaining funds are borrowed.
In BlackBull Markets’ case, available leverage is up to 1:500. This is a high level of leverage, and traders should use proper risk management techniques when working with this kind of leverage.
BlackBull Markets Account Opening Process
To open an account with BlackBull, go to the accounts comparison page and choose the account you want to open.
- Step 1: Complete the application with your contact details, account details, trading information, and ID verification.
- Step 2: Confirm your email.
- Step 3: Wait for approval from the broker.
- Step 4: Fund your account.
What is a demo account?
A demo account is an account that allows you to test the broker’s services and your trading skills without risking your money.
Please note that your trading experience may differ when you use a demo account compared to a real-money account due to human psychology, as traders find themselves under pressure when real money is at stake.
It’s a good idea to use the demo account for practicing and learning the trading platform, but do not spend too much time on the demo.
In BlackBull’s case, traders can practice their skills on the demo versions of the Standard and Prime accounts. The demo options will help them choose which account suits their needs.
Your capital is at risk.
BlackBull Markets received an average score in the Research category in our rating. The broker provides multiple tools for analysis and copy trading and has a dedicated stock research section.
BlackBull Markets has developed a dedicated stock research page on the website. This section includes daily news, equity research, model portfolios for the U.S., Australian, and New Zealand stocks, as well as technical analysis of selected stocks. Traders can use a 3-month free trial to evaluate whether they want to use this tool.

The broker also offers a BlackBull Social platform that allows traders to follow the strategies of master traders from any MT4 or MT5-based broker.
BlackBull Markets also provides several third-party trading tools. The broker’s clients who use MT4 and MT5 have access to Autochartist, a technical tool that identifies key support and resistance levels, chart patterns, Fibonacci retracements, extensions, etc.
Zulu Trade is a social trading platform that is used to find the best trading strategies among thousands of registered traders. Myfxbook is a social trading site that allows users to share, analyze, track, and compare their trading activities.
BlackBull Markets also provides free Virtual Private Servers (VPS). This option is available for clients who have a BlackBull Markets Prime account with a minimum deposit of $2,000 and 20 lots traded across forex pairs or metals per month. Another feature that is interesting for algorithmic traders is the FIX API. With FIX API, institutional clients can bypass the BlackBull MT4 application and directly connect to the ECN grid using their own FIX.
Education
BlackBull Markets received a good score in the Education category in our rating as it provides educational articles, videos, and webinars for both beginner and advanced traders.
BlackBull Markets has developed an Education Hub. This section contains coverage of economic events and educational articles for beginner, intermediate, and advanced traders. The articles cover topics in forex, shares, commodities, and crypto.
For example, beginner traders can benefit from articles like “What is technical analysis?” or “3 mistakes to avoid when trading cryptocurrency”. Topics offered to intermediate traders include “3 TradingView indicators for stock trading” and “Understanding the top 5 traded metals”. Advanced traders can read about “2 TradingView strategies for trading crypto” and “Navigating the not-so-spooky ‘Triple Witching’”.
BlackBull Markets also provides educational videos covering various topics, including “How to use Autochartist” and “What exactly is a VPS?”.
Traders should note that the economic calendar, which is a standard feature for brokers, is located in the educational section of the website.
Recently BlackBull Markets has started conducting webinars. The schedule of future online events as well as recordings of the former webinars you can find on the dedicated page of the Education section.

The Bottom Line
Founded in 2014, BlackBull Markets has been in business for more than 9 years. The broker operates via BBG Limited (FSA Seychelles, a Tier-3 regulator) and Black Bull Group Limited (FMA New Zealand, a Tier-1 regulator).
BlackBull Markets provides access to forex pairs, commodities, indices, equities, and cryptocurrencies. The minimum deposit is $0 at the Standard Account, which is a spread-based account. The broker also offers two commissions-based accounts which are tailored for advanced traders.
The broker provides a high number of deposit and withdrawal options which are available in multiple base currencies. BlackBull Markets’ clients can trade with MetaTrader 4, MetaTrader 5, and TradingView platforms. The huge equity offering is available via a separate Share Trading platform.
Beginner traders will benefit from the ultra-low minimum deposit and strong educational and research support. Advanced traders will enjoy access to multiple trading platforms, multiple base currencies, high leverage, and Institutional account with lower fees for traders that have deposited more than $20,000.
FAQ
Your capital is at risk.
Headquarters Country | New Zealand |
Foundation Year | 2014 |
Regulations | FSA Seychelles (Seychelles), FMA New Zealand (New Zealand) |
Publicly Traded | No |
Number Of Employees | 55 |
Trading Desk Type | ECN, No dealing desk, STP |
Trading platforms | MT4, MT5, tradingview |
Restricted Countries | United States, China, Russian Federation, Cote d'Ivoire, Cuba, Cyprus, Eritrea, North Korea, Liberia, Iran, Iraq, Afghanistan, Somalia, Venezuela, Yemen, Syria, Central African Republic, Lebanon, Ethiopia, Vietnam, Libya, Myanmar, Pakistan, Haiti, Hong Kong, South Sudan, Spain, Sri Lanka, Sudan, Belarus, Zimbabwe, Canada, Congo |
Supported Languages | English, Spanish, French, Chinese, Greek |
Max Leverage | 1:500 (FSA Seychelles), 1:500 (FMA New Zealand) |
Deposit Options | Wire Transfer, Credit Card, Cryptocurrencies, Skrill, Neteller, Visa, Mastercard |
Withdrawal Options | Wire Transfer, Credit Card, Cryptocurrencies, Skrill, Neteller, Visa, Mastercard |
Time to Withdrawal | 4 |
Time to Open an Account | 5 |
Cryptocurrencies | Bitcoin Cash, USD Coin, Bitcoin, Cardano, Litecoin, Ripple, Stellar, Ethereum, Tether, Chainlink |
Products (CFD) | Currencies, Commodities, Indices, Stocks, Crypto |
Demo Account | Yes |
Islamic Account | Yes |
Segregated Account | No |
Managed Account | No |