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BlackBull Markets Review: Is It Legit and Regulated?

Black Bull Group Limited

NZ Operating period unverified
Verified Broker Open verification details
AKA BlackBull

FindMyFX score

high risk

4.5/10

0 Score out of 10 10
Independent assessment Updated 2026-07-19

Contact & regulation

Official website
blackbull.com
Address
Level 20, 188 Quay Street, Auckland 1010, New Zealand
Contact
Level 20, 188 Quay Street, Auckland 1010, New Zealand
Primary license
FSA Seychelles · Unverified

Missing values mean the information has not been verified or published yet—not that the broker does not provide it.

Quick verdict

Is BlackBull Markets legit and regulated?

FindMyFX has license records for BlackBull Markets, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.

This is a source-limited research summary, not a safety guarantee or investment recommendation.

Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.

Broker-provided company information

BlackBull Markets is a multi-entity online trading brand associated with New Zealand-registered Black Bull Group Limited and Seychelles securities dealer BBG Limited.

Professional broker overview

FindMyFX editorial summary

BlackBull Markets' official corporate disclosures identify Black Bull Group Limited in New Zealand, company number 5463921 and FSP403326, while Seychelles regulator records list BBG Limited under securities-dealer licence SD045 using the Black Bull Markets trade name. The brand states that availability is restricted or not directed to several markets, including the United States, Canada, the European Union, the United Kingdom and India; detailed account costs were not verified in this review.

Prepared from reviewed sources for informational purposes. This is not investment advice.

Editorial note: New Zealand FSP registration and Seychelles licensing are different regulatory statuses and should not be treated as interchangeable. The restricted-country list reflects the wording of the reviewed corporate page and may change.

Operational status
active
Broker type
unknown
Execution model
Not verified
Support hours
Not verified

Documented advantages

  • A Seychelles regulator page directly lists BBG Limited, the Black Bull Markets trade name and licence SD045.
  • The official corporate page publishes New Zealand company, NZBN and FSP identifiers.

Documented limitations

  • The legal entity and regulatory framework depend on the client's jurisdiction.
  • The official corporate page states that services are not accepted or not directed to several major jurisdictions.
88%coverage

Published profile coverage

7 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.

Company structure

Legal entities

Registered companies associated with this broker profile.

3 entities

Black Bull Group Limited

Primary
NZ 5463921

BBG Limited

SC 857010-1

JUC Building, Office F7B, Providence Zone 18, Mahé, Seychelles

Black Bull Trade Limited

NZ NZBN 9429049891041

Floor 20, 188 Quay Street, Auckland 1010, New Zealand

Markets and instruments

Contracts for difference

unverified

Foreign exchange

unverified

Licenses and regulators

FSA Seychelles

SD045

unverified

Last verified: Not shown

Type: Securities Dealer
Client class: retail
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown
Open official register ↗

FSPR

FSP403326

unverified

Last verified: Not shown

Type: Financial service provider registration
Client class: other
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown

FSPR

FSP1002113

unverified

Last verified: Not shown

Type: Financial service provider registration
Client class: other
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown

Jurisdiction-specific offerings

NZ · other

unverified

Entity not linked · Leverage not shown

Compensation scheme not shown

SC · retail

unverified

Entity not linked · Leverage not shown

Compensation scheme not shown

Score components

Regulation and licenses

7.5/10 · 35%

A direct Seychelles regulator listing supports licence SD045, while official corporate disclosures provide two New Zealand FSP identifiers.

Security and track record

2.5/10 · 20%

Official licensing and entity records were found, but a complete enforcement, outage and incident history was not compiled.

Trading conditions

2.5/10 · 15%

The product category is clear, but account-level leverage, deposits, commissions and typical spreads were not verified from inspected official pages.

Company transparency

7.5/10 · 10%

Official sources disclose company numbers, NZBN data, addresses, licence identifiers and a support email.

Service quality

2.5/10 · 10%

An official support email is published, but no independent evidence of response quality or resolution outcomes was reviewed.

Verified user reviews

0.0/10 · 10%

No regulator-verified or otherwise inspectable verified-user-review dataset was identified in the reviewed official sources.

Profile update history

FindMyFX identity verification was published.

2026-07-18

Broker profile was published.

2026-07-18

Related regulated broker profiles

These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.