Home/Brokers/BlackBull Markets

BlackBull Markets

Good

New Zealand-based ECN/STP broker with no minimum deposit and competitive raw pricing. Growing reputation for clean execution and institutional liquidity.

Execution Quality Benchmarks

Fill Ratio
97.1%
Avg Latency
45ms
Avg Slippage
0.3 pip
Reject Rate
1%

Fill Ratio vs Industry Average

BlackBull Markets97.1%
Industry Average97.0%

Strengths

  • No minimum deposit
  • Institutional liquidity
  • Low commission

Limitations

  • Younger broker
  • Limited regulatory jurisdictions

Broker Specifications

HeadquartersAuckland, New Zealand
Established2014
Execution ModelECN/STP
RegulationFMA, FSA
Min Deposit$0
Commission$3.00/lot
Spread From0.0 pips
Max Leverage1:500
MT5 SupportYes
Min Lot0.01

Data disclaimer: Execution metrics are based on our standardized testing methodology using 0.01 lot market orders on major pairs during London/NY overlap. Real-world execution may vary based on account type, lot size, session, and market conditions. This profile is not a recommendation. No affiliate relationships exist with any broker listed.

Back to Broker IndexWhat is NDD?