BlackBull Markets regulation & licences
Our take
BlackBull Markets is based in Auckland and holds a derivatives issuer licence from New Zealand's FMA, with a Seychelles entity for international clients.
Best suited to: Traders who want a New Zealand-licensed broker with TradingView
Licences on record 2
2 Tier 2 — strong regulation
4 Tier 4 — light / offshore
Licences are matched from public sources and regulator registers, and entities change over time. A licence held by one company in a group does not cover clients of another. Always confirm on the official register.
Regulatory profile
BlackBull Markets is a forex & CFD broker founded in 2014 and headquartered in New Zealand.
In our database BlackBull Markets is matched to 2 licences from FMA (NZ) and FSA (Seychelles). Its strongest licence comes from the FMA (NZ), which we rate tier 2: credible supervision, but with fewer safeguards than the very strictest regulators.
Be aware that a single BlackBull Markets website can front several legal entities. Its FMA (NZ)-regulated companies serve local residents, while international clients are frequently handled by entities supervised by FSA (Seychelles), which offer much weaker safeguards.
None of the regulators we have matched to BlackBull Markets operates a statutory compensation scheme covering retail forex, so the safety of your deposit relies mainly on segregation of client funds and the broker's own financial strength.
BlackBull Markets provides access to MT4, MT5, cTrader and TradingView. The advertised minimum deposit starts at zero (no minimum) — minimums often vary by account type and entity.
Regulatory strengths
- FMA derivatives issuer licence
Points to check
- No tier-1 licence
Protection by entity
| Regulator | Compensation | Retail leverage | Negative balance protection | Disputes |
|---|---|---|---|---|
| 2 FMA (NZ) | No compensation scheme; approved dispute resolution schemes | No fixed statutory cap; conduct and disclosure rules apply | Not a regulatory requirement | Approved dispute resolution schemes (e.g. FSCL, IFSO) |
| 4 FSA (Seychelles) | No compensation scheme | No statutory cap | Not a regulatory requirement | FSA Seychelles |
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BlackBull Markets regulation FAQ
Is BlackBull Markets regulated?
Yes — in our database BlackBull Markets is matched to 2 licences: FMA (NZ) (New Zealand) and FSA (Seychelles) (Seychelles). Which of these protects you depends on the legal entity you open an account with. Always confirm the licence on the regulator's official register.
Is BlackBull Markets a tier-1 regulated broker?
No. None of the licences we have matched to BlackBull Markets is from a tier-1 regulator. Its strongest licence is tier 2.
Does BlackBull Markets accept US clients?
BlackBull Markets is not matched to a CFTC/NFA registration in our database. Only CFTC-registered, NFA-member firms may offer retail forex to US residents, so BlackBull Markets generally cannot accept US retail forex clients.
Is my money protected with BlackBull Markets?
None of the regulators matched to BlackBull Markets in our database runs a compensation scheme for retail forex. Protection depends on client-money segregation and the broker's solvency.
What is the minimum deposit at BlackBull Markets?
BlackBull Markets advertises no fixed minimum deposit on its standard account, although some account types, payment methods or entities may require one.
How can I verify BlackBull Markets's licence?
Find the company name and licence number in BlackBull Markets's client agreement or website footer, then search it on the regulator's official register (linked from each licence on this page). Confirm that the website domain you use is listed on the register, and check the regulator's warning list for clones.