BlackBull Markets is a forex and CFD broker offering online trading services to traders and investors worldwide. The broker provides a diverse range of trading instruments, including Forex, Equities, Commodities (Energies, agriculture, and Metals), Futures, Indices. It also supports multiple trading platforms and tools such as TradingView, cTrader, MetaTrader 5,MetaTrader 4, MetaTrader Web Trader,BlackBull CopyTrader,BlackBull Shares,BlackBull Trade
Although BlackBull Markets is regulated by several authoritative bodies such as FMA, FSA-S, it is not regulated by CySEC (Australian Securities and Investments Commission). In this article, we will explore BlackBull Markets’ regulations, and its features, and provide a list of alternative brokers that are regulated by CySEC.
Does BlackBull Markets Operate Under CySEC?
No, BlackBull Markets does not operate under CySEC (Cyprus Securities and Exchange Commission) regulation. However, the broker is regulated by several other reputable financial authorities including FMA, FSA-S. These regulatory bodies ensure compliance with various standards for financial stability, transparency, and investor protection, though they do not provide the specific protections offered by the CySEC in the EU.
What Other Regulations Does BlackBull Markets Have?
FMA:
BlackBull Markets is regulated by the Financial Markets Authority (FMA) of New Zealand. The FMA, established in 2011, is responsible for overseeing financial markets and ensuring fair, transparent, and efficient operations in New Zealand.
The FMA requires BlackBull Markets to follow strict guidelines, including maintaining sufficient capital, protecting client funds by keeping them separate from company assets and providing regular financial reporting. This regulation ensures that BlackBull Markets operates securely and fairly, offering a reliable and transparent trading environment for clients in New Zealand.
FSA -S : / FSA in Seychelles
BlackBull Markets is regulated by the Financial Services Authority (FSA) of Seychelles. The FSA, established in 2013, oversees the financial services sector in Seychelles to ensure compliance with regulatory standards and to protect investors.
The FSA requires BlackBull Markets to adhere to guidelines for managing client funds, which include keeping client money separate from company funds and providing regular financial reports. This regulation helps ensure that BlackBull Markets operates securely and transparently, particularly for clients in Seychelles, and maintains a trustworthy trading environment.
Best CySEC Regulated Forex Brokers: Alternatives to BlackBull Markets
BlackBull Markets is one of the leading forex and CFD brokers. The broker is not regulated by CySEC. It is regulated by other top-tier regulators including FMA, FSA-S. There are several CySEC regulated brokers that can serve as alternatives to BlackBull Markets. These brokers include:
- Founded In: 2010
- Minimum Deposit: $0, Recommended: $200
- Maximum Leverage: 500:1
- Regulations: FCA, ASIC, CySEC, BaFIN, DFSA, CMA, and SCB
- Trading Platforms : MT4, MT5, cTrader, TradingView and Own Trading Platforms
- Trading Instruments: Forex, Commodities, Indices, Currency Indices, Cryptocurrencies, Shares, ETFs, and CFD Forwards.
- Founded In: 2007
- Minimum Deposit: $200
- Maximum Leverage: 1:1000
- Regulations: ASIC, CySEC, and FSA
- Trading Platforms: MT4, MT5, Ctrader and TradinView
- Trading Instruments: Forex, commodities, indices, cryptocurrencies, shares, ETFs, and CFD forwards
- Founded In: 2007
- Minimum Deposit: $50
- Maximum Leverage: 30:1 EU, 50:1 USA
- Regulations: SEC, FINRA, FCA, CySEC, FSA-S, SIPC,
- Trading Platforms: eToro Trading Platforms
- Trading Instruments: Cryptocurrencies, Stocks, Commodities, Currencies
- Founded In: 2009
- Minimum Deposit: $100
- Maximum Leverage: 1:500
- Regulations : ASIC,FCA, CySEC, SCB
- Trading Platforms : MT4, MT5, TradingView, Webtrader
- Trading Instruments: Forex,Commodities,Indices,Shares,Crypto
- Founded In: 2014
- Minimum Deposit: $100
- Maximum Leverage: 1:1000
- Regulations: FCA, DFSA, FSCA, CySEC, FSA- Labuan, FSA-S
- Trading Platforms : MT4, MT5, WebTrader Platform, MetaTrader for Mac , Tickmill Mobile App
- Trading Instruments: Forex, stock, indices, commodities, bonds, cryptocurrencies, Futures & options
These brokers operate under CySEC regulation. According to CySEC rules, they offer leverage up to 30:1 and provide negative balance protection for retail traders. To learn more about CySEC-regulated forex brokers, you can read our content on the best CySEC-regulated forex brokers.
How Can I Verify If My Broker is CySEC-regulated or not?
You can find a CySEC-regulated broker’s profile on the CIF Regulated Entities List on the CySEC website. To verify if your broker, such as BlackBull Markets, is regulated by the CySEC follow these steps:
1. Get Broker Details
Start by finding the broker’s license number or name. This info is usually on the broker’s website. Having the right details is key for the next steps.
2. Visit the CySEC Website
Go to the CySEC Regulated Entities List. This is where you can verify if your broker is regulated.
3. Conduct the Search
Enter the license number or broker name into the search bar. This will bring up the broker’s profile on the CySEC website, showing important details about their regulatory status.
4. Check Authorization
Make sure the broker is authorized to offer specific services:
- Look for “9 – Financial contracts for differences” under Investment Services.
- Check for “Foreign exchange services connected to investment services” under Ancillary Services. This confirms they can legally offer forex and CFD trading.
5. Match Firm Details
Finally, ensure that the information on the CySEC website matches what you see on the broker’s site. Check the website, email, and other contact info. If anything doesn’t match, it could mean the broker isn’t authorized, and you should stay away to protect your money
Frequently Asked Questions ( FAQs)
What is BlackBull Markets?
Michael Walker and Selwyn Loekman founded BlackBull in 2014 in Auckland, New Zealand. BlackBull enables the trading of over 26,000 instruments including forex, CFDs, real stocks, and ETFs. The available platforms are MT4, MT5, TradingView, cTrader, BlackBull shares and BlackBull Trade. Social trading is through BlackBull CopyTrader and ZuluTrade. Trading tools such as free VPS and Autochartist are provided.
Is BlackBull Markets Considered Safe?
Yes, BlackBull Markets is considered safe. The broker is regulated by multiple top-tier regulatory authorities, including FMA, FSA-S. It offers negative balance protection and holds client funds in segregated bank accounts.
Does BlackBull Markets Offer Negative Balance Protection?
Yes, BlackBull Markets offers negative balance protection. All CySEC-regulated brokers must offer negative balance protection. Negative balance protection means that traders are protected from losing more money than they have in their trading accounts. If a trade results in losses that exceed the amount of funds in the account, negative balance protection ensures that the trader’s balance cannot go below zero. This prevents the trader from owing the broker any additional money.
Is BlackBull Markets regulated in Cyprus?
No, BlackBull Markets is not regulated in Australia. The broker is not regulated by CySEC, the Australian regulator. However, it accepts Australian clients under its global entity. BlackBull Markets is regulated by several other authorities, including FMA, FSA-S.
