FMA — New Zealand
Black Bull Group Limited
Regulated
BlackBull Trading Review — Overview
Regulation
Tier-1 regulated
Licence
FMA • FSA
Licence status
Regulated
Platforms
Supported
Max. leverage
1:500
Instruments
26, 000, forex, commodities
Typical spread
From 0.8 pips (ECN Standard account)
Operating
Est. 2014
Main market
NZ
Entity
Black Bull Group Limited
Website
Unknown
BlackBull Trading is a forex & CFD broker based in New Zealand, established in 2014. On Trust Broker Hub it holds a Trust Score of 8.4 out of 10, which we rate as Good — above the 5.3/10 average for brokers that hold a verified licence. Solid, well-regulated profile suitable for most traders.
Crucially, BlackBull Trading is regulated by FMA and FSA, including at least one tier-1 regulator. Tier-1 regulation is the strongest sign of legitimacy: it normally requires segregated client funds, regular audits and access to a compensation scheme if the broker fails — meaningful protection for your money.
BlackBull Trading provides access to 26, 000, forex, commodities. Published conditions include leverage up to 1:500. No complaints are currently on record. Overall, BlackBull Trading looks like a credible option — but always verify the licence yourself and start with a small amount.
Trust score breakdown
How is this calculated?
Weighted total
9.30
Data completeness
8 of 10 facts verified
80% ×0.90
Trust Score
8.4 / 10
Trust Score history
BlackBull Trading currently scores 8.4/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Regulated by a tier-1 authority
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- Always verify the licence directly before depositing
Regulation
Tier 1 · Top
Verified
FSA — Australia
Black Bull Group Limited
Licence
Tier 1 · Top
Verified
Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.
Trading conditions
| Instruments | 26, 000, forex, commodities, equities, indices, metals, futures, cryptos |
| Minimum deposit | $0 |
| Maximum leverage | 1:500 |
| Typical spread | From 0.8 pips (ECN Standard account) |
| Platforms | Supported |
| Demo account | ✅ |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on BlackBull Trading
Our analysis · editorial
8.4/10
Established and well-regulated
BlackBull Trading holds a tier-1 regulatory licence among its 2 registrations (FMA, FSA). Based in New Zealand, it has been operating for about 12 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 8.4/10 — a strong, low-risk profile.
Strengths
- Authorised by a tier-1 regulator (FMA, FSA)
- Holds 2 regulatory licences across multiple jurisdictions
- Long 12-year operating track record
- No complaints on record with us
- Supports Supported trading
Watch-outs
- Very high leverage available (1:500) — amplifies risk
Bottom line: Suitable for most traders — still verify it is licensed to serve your country before depositing.
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
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BlackBull Trading — Questions & Answers
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Complaints & alerts
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag BlackBull Trading here if that changes.
Full specifications
Regulated region
New Zealand
Operating period
10-15 years
Main market
NZ
License status
Regulated
Instruments
26, 000, forex, commodities, equities, indices, metals, futures, cryptos
Year founded
2014
Frequently asked
Is BlackBull Trading a safe broker?
BlackBull Trading scores 8.4 / 10 on our Trust Score, above the 5.3 average for brokers that hold a verified licence. It holds tier-1 regulation, which offers strong investor protection. It has no complaints on record with us. Trade only with funds you can afford to lose.
How is the BlackBull Trading trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from BlackBull Trading?
BlackBull Trading publishes some trading terms, but always confirm withdrawal fees directly. Test with a small amount first and document every transaction.