Hexopay Payment Method for Blackbull 2025: Availability, Features, Pros, Cons, Other Payment Methods, and More

Blackbull is a New Zealand-based forex and CFD broker that offers online trading services globally. The broker is well known for fast execution (average 30 ms or less), competitive spreads, and strong regulatory compliance. Blackbull is regulated by top-tier authorities such as FMA, and FSA-S. The broker provides access to 26,000+ trading instruments, including Forex, Equities, Commodities (Energies, agriculture, and Metals), Futures, and Indices.

Blackbull supports 19+ payment methods, including Paypal, Mastercard, bank transfers, Hexopay, Skrill, Neteller, USDT, and more for flexible deposits and withdrawals. Among these payment methods, Hexopay is one of the most widely used options due to its global availability, security, and ease of use. Traders using Hexopay can deposit and withdraw funds seamlessly, making it a convenient choice for managing trading accounts.

In this article, we will explore the Hexopay payment method on Blackbull, including its features, benefits, fees, and how to use it for deposits and withdrawals.

Does Blackbull Accept Hexopay?

Yes, Blackbull accepts Hexopay for both deposits and withdrawals. Traders can fund their accounts and withdraw profits securely using Hexopay. Hexopay is known for its secure payment processing, fraud protection, and multi-currency support. It is used in online trading, offering fast transactions, low fees, and seamless integration with trading platforms..  

However, withdrawals can only be made to Hexopay accounts registered in the same name as the trading account or a joint account.

In addition to Hexopay, Blackbull supports over 19 payment methods, including Hexopay, Mastercard, Apple Pay, Google Pay, Bank Transfer, Skrill, Neteller, UnionPay, USDT, FasaPay, Crypto, and SEPA. So a trader can choose any of the deposit methods and can make deposits and withdrawals.

Key Features of the Hexopay Payment Method on Blackbull

• Deposit Time: Instant Deposit – Funds are reflected in your trading account immediately, enabling quick account funding.
• Withdrawal Time: Instant withdrawal, ensuring efficient access to your funds.
• Deposit & Withdrawal Fees: Blackbull does not charge any fees for deposits but charges withdrawal fees of only $5 made via Hexopay.
• Minimum Deposit: $40
• Maximum Deposit: Unlimited
• Minimum Deposit: $40
• Maximum Deposit: Unlimited
• Available Currencies: CAD
• Availability: Canada

Pros & Cons of Using Hexopay with Blackbull

Pros:

• Fast and Secure Transactions: Hexopay payments are processed quickly, allowing for swift deposits and withdrawals, ensuring traders don’t experience unnecessary delays.
• Widely Accepted: Hexopay is one of the most globally recognized payment methods, making it available in many countries and accessible for a large number of traders.
• No Deposit Fees: Blackbull does not charge fees for deposits made via Hexopay, which helps reduce the cost of trading.
• Strong Security: Hexopay uses robust security measures, including encryption and fraud detection systems, providing peace of mind when making transactions.
• Convenient and Easy to Use: Hexopay cards are easy to use, and traders can make deposits and withdrawals directly from their bank accounts, making transactions straightforward.

Cons:

• Withdrawal Fees: While deposits are typically free, there may be fees associated with withdrawing funds to your Hexopay card, depending on your country or bank policies.
• Processing Times for Withdrawals: Hexopay withdrawals can take longer to process compared to some other payment methods like e-wallets, which may be an inconvenience for traders needing quick access to their funds.
• Currency Conversion Fees: If the transaction involves converting currencies, Hexopay may charge currency conversion fees, which could increase the overall transaction cost.
• Not Available in All Countries: Although Hexopay is widely accepted, it may not be an option in certain regions, which could limit its accessibility for some traders.
• Bank Restrictions: Some banks may impose additional restrictions on transactions related to online trading, which could affect Hexopay users’ ability to deposit or withdraw funds smoothly.

How to Deposit Funds via Hexopay on Blackbull

To deposit funds via Hexopay into your Blackbull trading account, log in to My Account, go to the “Funds” tab, select “Add Funds,” choose Hexopay as your deposit method, and follow the on-screen instructions to complete the transaction. Hexopay is a secure and convenient payment option that allows traders to fund their accounts instantly.

Step 1: Log in to Your Blackbull Account

Visit the Blackbull website and log in to your trading account using your email and password. If you don’t have a Blackbull account yet, you must register and verify your identity before depositing funds.

Step 2: Go to the Deposit Section

Once logged in, go to the “Funds” or “Deposit” section in the Blackbull My Account dashboard. This is where you will find all available payment options. From the list of deposit methods, select Hexopay as your preferred payment method.

Step 3: Enter the Deposit Amount

Next, enter the amount you want to deposit. Blackbull allows Hexopay deposits in multiple currencies, but it’s best to deposit in the same currency as your trading account to avoid Hexopay’s conversion fees. Blackbull does not require any minimum deposit. However, the broker recommends a minimum deposit of $200 or equivalent for optimal trading. 

Step 4: Complete the Hexopay Transaction

After entering the deposit amount, click “Proceed”, and you will be redirected to Hexopay’s secure payment gateway. Here, you must log in to your Hexopay account and authorize the payment. Make sure that your Hexopay account has sufficient funds or is linked to a valid bank account or credit card for a smooth transaction. Once confirmed, Hexopay will process the payment instantly.

Step 5: Funds Credited Instantly

Once the transaction is successfully completed, the funds will be instantly credited to your Blackbull trading account. You will receive a confirmation email from both Blackbull and Hexopay regarding the transaction status. The funds will be available for trading immediately.

To learn more about deposits on Blackbull, including different payment methods, currencies, and jurisdictions, you can read our Blackbull Deposit Guide

How to Withdraw Funds from Blackbull to Hexopay

To withdraw funds from your Blackbull trading account to Hexopay, log in to My Account, navigate to the “Funds” tab, select “Withdraw Funds”, choose Hexopay as your withdrawal method, and follow the on-screen instructions to complete the process. Withdrawals via Hexopay are processed efficiently, ensuring a secure and convenient transaction for traders.

Step 1: Log in to Your Blackbull Account

Visit the Blackbull website and log in to your account using your registered email and password. Ensure that your account is fully verified before proceeding with the withdrawal request.

Step 2: Go to the Withdrawal Section

Once logged in, go to the “Funds” or “Withdraw” section in the Blackbull My Account dashboard. Here, you will find all available withdrawal options. Select Hexopay as your preferred withdrawal method.

Step 3: Enter the Withdrawal Amount

Enter the amount you wish to withdraw from your trading account. Ensure that your Hexopay account supports the currency you are withdrawing to avoid any potential currency conversion fees. Blackbull does not charge withdrawal fees for Hexopay transactions, but Hexopay may apply its fees based on your account type and location.

Step 4: Confirm and Submit Your Withdrawal Request

After entering the withdrawal amount, click “Proceed” to confirm your request. Blackbull will process your withdrawal and send the funds to your linked Hexopay account. Make sure that your Hexopay account details are correct to avoid delays.

Step 5: Receive Your Funds in Hexopay

Once your withdrawal request is approved, the funds will be transferred to your Hexopay account. Typically, Hexopay withdrawals from Blackbull are processed within 24 hours. However, it may take additional time for Hexopay to reflect the funds in your balance, depending on your Hexopay account status and verification.

To learn more about withdrawing funds from Blackbull, including available payment methods, supported currencies, and jurisdiction-specific policies, read our Blackbull Withdrawal Guide

Which Countries Can Use Hexopay for Deposits and Withdrawals on Blackbull?

BlackBull Markets supports HexoPay for deposits and withdrawals in Canada. As a payment solution that facilitates transactions in CAD, HexoPay allows Canadian traders to fund their accounts efficiently. However, HexoPay is not available for traders outside Canada, as its services are primarily tailored to the Canadian market and currency.

Who is the Hexopay Payment Method Suitable For?

The Blackbull Hexopay payment method is best suited for:

✔ Traders who prefer fast and secure transactions. Hexopay ensures quick deposits and withdrawals, providing immediate access to trading funds.

✔ International traders looking for a convenient and flexible payment method. Hexopay supports multiple currencies, making it a great option for global traders.

✔ Traders who need a user-friendly platform for fund management. Hexopay offers a simple interface, allowing traders to easily manage their deposits and withdrawals.

✔ Investors seeking a secure payment method with strong fraud protection. Hexopay provides robust encryption and security features to safeguard all transactions, ensuring peace of mind for traders.

What Payment Methods Are Available at BlackBull Markets?

Besides Hexopay, BlackBull Markets offers multiple payment options, including:

• Visa – Accepted for fast and secure deposits.
• Mastercard – Convenient for instant payments.
• Apple Pay – Quick and secure payments via Apple devices.
• Google Pay – Easy mobile payments for quick deposits.
• Bank Transfer – Available for domestic and international transactions.
• Skrill – E-wallet for fast and secure transactions.
• Neteller – Secure and efficient for online payments.
• UnionPay – Ideal for traders from China and certain Asian regions.
• USDT – Available for crypto deposits and withdrawals.
• BPAY – An Australian payment method for fast and secure transfers.
• SEPA – Available for European Union-based transactions.
• Crypto – Supports various cryptocurrencies for flexible payments.
• Airtm – A global e-wallet for seamless transactions.
• AMEX – American Express for premium card transactions.
• Payment Asia – A regional payment gateway for Asian traders.
• Local Bank Transfer – Facilitates deposits and withdrawals through regional banks.
• Help2Pay – A fast and reliable payment solution for Southeast Asia.
• FXPay – A dedicated forex payment gateway.
• Fasapay – A digital wallet for instant forex transactions.
• Boleto – A popular payment method in Brazil.
• Beeteller – A localized Brazilian payment solution for forex traders.

For a complete overview, check our detailed guide on BlackBull Markets Payment Methods.

Frequently Asked Questions (FAQs)

What is Blackbull?

Founded in 2014 in Auckland, New Zealand by Michael Walker and Selwyn Loekman, BlackBull is a forex and CFD broker that 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. To learn more about Blackbull Markets, you can read our review where we have covered features, pros, cons, and more.

What is Hexopay?

Hexopay is a global payment gateway that offers a secure and efficient platform for businesses and individuals to process online transactions. It supports a wide range of payment methods, including credit and debit cards, e-wallets, and bank transfers, catering to diverse customer needs. Hexopay is designed to streamline payment processing for industries such as e-commerce, gaming, and forex trading. The platform ensures high levels of security with features like encryption and fraud detection, making it a reliable choice for businesses looking to facilitate safe and seamless transactions. Hexopay also provides multi-currency support, enabling businesses to reach global markets efficiently.

Does Blackbull Charge Any Fees for Hexopay Deposits?

No, Blackbull does not charge deposit fees for Hexopay transactions. However, Hexopay may apply its own transaction or conversion fees.

How Long Does It Take to Process a deposit and withdrawal on Blackbull?

The deposit on Blackbull is instant. Withdrawals via Hexopay are typically processed within 24-48 hours by Blackbull. However, the final processing time depends on Hexopay’s internal system.

Is There a Minimum or Maximum Deposit Limit for Hexopay on Blackbull?

The minimum deposit of Blackbull Markets is required $40, Blackbull has an unlimited maximum deposit. You can deposit as much as you like via Hexopay. 

Can I use Hexopay to make deposits and withdrawals in different currencies?

Yes, Hexopay supports multiple currencies. However, conversion fees may apply if your trading account currency differs from your Hexopay balance.

Can I withdraw funds via Hexopay if I deposited with another method?

No withdrawals must be made using the same payment method used for deposits due to anti-money laundering regulations.

Final Verdict

Blackbull is a forex, CFD broker, and online trading platform that provides traders with a fast, secure, and widely accepted way to fund their trading accounts and withdraw profits using Hexopay.

Blackbull’s integration with Hexopay allows traders to make instant deposits and fast withdrawals, with strong security measures in place. As one of the most recognized payment methods globally, Hexopay offers a reliable and efficient way to fund trading accounts, with no additional deposit fees from Blackbull. However, withdrawal processing times may vary depending on the bank and region.

Best For: Traders who need instant deposits, fast withdrawals, and a globally trusted payment method.

Not Ideal For: Traders in regions where card withdrawals are restricted or those who prefer bank transfers for larger transactions.

Hexopay’s reliability and ease of use make it a popular payment option for Blackbull traders. Whether you’re a scalper, day trader, or long-term investor, Hexopay offers a secure and straightforward way to manage your trading funds.