BlackBull Markets
2 legal entities are on file for this firm, across 2 jurisdictions. The strongest supervision on file is Tier 2.
Caution means: The group holds a licence we could verify, but the record shows a caveat you have to read: an offshore entity in the same structure, a registration that is not a financial licence, or leverage well above tier-1 retail caps.
Every entity on file is offshore. There is no tier-1 authority supervising the account you would open.
A group can hold a tier-1 licence and still onboard you through an offshore entity in the same structure. The licence protects clients of the entity that holds it — not every client of the brand. Check which company name appears on your own client agreement, then look that company up in the table below.
Entity-by-entity licence record
One row per legal entity in this firm's structure. Numbers are reproduced exactly as published; every row links to the source we read them from.
| Legal entity | Authority / registry | Number | Jurisdiction | Tier | What it is | Source |
|---|---|---|---|---|---|---|
| Black Bull Group Limited | FMA New Zealand | FSP403326 | New Zealand | T2 | Financial licence | fma.govt.nzhttps://www.fma.govt.nz/business/licensed-providers/black-bull-group-limited/ |
| BlackBull Group Limited (Seychelles) | FSA Seychelles | SD045 | Seychelles | T3 | Financial licence | blackbull.comhttps://blackbull.com/en/our-company/compliance/ |
Scroll the register sideways — the entity column stays pinned.
Paste any number above into the named authority's own search. If a number a firm advertises does not return that firm on the authority's register, treat the claim as unverified.
What the record says
Statements of fact drawn from the entities above. Each one is checkable against a source URL in the licence table.
- F01Entered on the record: Non-New Zealand clients are onboarded through the Seychelles entity licensed under FSA licence SD045.
Not verified at last check
Recorded openly rather than filled with a plausible guess. A blank on this register means we could not confirm it on 2026-08-07.
- not verifiednegative balance protection — no primary source located at the last check.
- not verifiedexact legal entity name for the Seychelles licence holder — no primary source located at the last check.
- not verifiedminimum deposit for the ECN Prime account (sources give $2,000) — no primary source located at the last check.
Account conditions on file
As published by the firm. Blank fields were not confirmed.
| Incorporated | 2014 |
|---|---|
| Registered office | Auckland, New Zealand |
| Minimum deposit | 0 USD |
| Leverage offered | up to 1:500 |
| Quoted EUR/USD spread | 0.8 pips |
| Trading systems | MT4 · MT5 · cTrader · TradingView · BlackBull CopyTrader |
| Account tiers | ECN Standard · ECN Prime · Prime+ · ECN Institutional |
Leverage above a tier-1 retail cap is normally only available through an offshore entity. If the figure above is far above 1:30, check which entity is offering it in the licence table.
Sources
Every URL below was read before this record was published.
- FMA New ZealandBlack Bull Group Limited — New Zealandhttps://www.fma.govt.nz/business/licensed-providers/black-bull-group-limited/RETRIEVED 2026-08-07
- FSA SeychellesBlackBull Group Limited (Seychelles) — Seychelleshttps://blackbull.com/en/our-company/compliance/RETRIEVED 2026-08-07