I have started to work with both of them since the new ESMA regulation came in force. Quick response, ok spreads, regulated in AUS and NZ respectively. Happy so far.
I have started to work with both of them since the new ESMA regulation came in force. Quick response, ok spreads, regulated in AUS and NZ respectively. Happy so far.
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Have you opened an account with how much? did you manage to make a withdrawal?
I have opened accounts with both of them recently, so I haven't had the possiility yet to test their withdrawal procedures. However, they are both regulatd within the frames of their respective govenments. They have reasonable spreads for retail brokers.
I have opened accounts with both of them recently, so I haven't had the possiility yet to test their withdrawal procedures. However, they are both regulatd within the frames of their respective govenments. They have reasonable spreads for retail brokers.
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hey man, seems that you have some time trading with BBM. can you share your experience regarding withdrawals? I just started with them and Im happy so far, but I have not had the opportunity to test their withdrawal process.
I've been with BlackBull for a few months now, so far so good. I was with VantageFX for years until they kicked all Canadians out last December because of the Canadian government's constant interference in peoples forex trading activities. Overseas brokers that accept Canadians is very rare these days. The US slammed their door on us a long time ago. Many years ago when I first started I had no problem anywhere, but now things are different.
If BlackBull is ever forced to drop me then I'll have no choice but to go to a Canadian broker. There are quite a few to choose from, but forex is heavily regulated in this country; resulting in high margin requirements, and extremely low leveraging. 50:1 max only on USD/CAD. The rest of the majors 22:1, and JPY pairs 16:1. That's the only way the government can justify protecting peoples accounts. A good idea for people trading sizable accounts, but terrible for people with smaller accounts who want to trade multiple positions. Don't even get me started on metals and CFDs.
I like BlackBull. I hope they stay under the Canadian governments radar.
I've been with BlackBull for a few months now, so far so good. I was with VantageFX for years until they kicked all Canadians out last December because of the Canadian government's constant interference in peoples forex trading activities. Overseas brokers that accept Canadians is very rare these days. The US slammed their door on us a long time ago. Many years ago when I first started I had no problem anywhere, but now things are different. If BlackBull is ever forced to drop me then I'll have no choice but to go to a Canadian broker. There are...
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hey Fxpiper, just curious but does blackbull's client portal support internal transfer of funds between accounts of diff currency?
I've been with BlackBull for a few months now, so far so good. I was with VantageFX for years until they kicked all Canadians out last December because of the Canadian government's constant interference in peoples forex trading activities. Overseas brokers that accept Canadians is very rare these days. The US slammed their door on us a long time ago. Many years ago when I first started I had no problem anywhere, but now things are different. If BlackBull is ever forced to drop me then I'll have no choice but to go to a Canadian broker. There are...
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This post is five years old...and I am still with BlackBull. Canadian client with a grandfathered account. But I hear the Canadian regulators are going after BlackBull hard now to drop all remaining Candian clients - grandfathered or not. Last week my son got an email that they were closing his account. His has been long defunct, as he switched from live trading to prop firms a few years ago and hasn't looked back.
I am still alive...for now. Though I feel a gnawing in the back of my mind that their system may discover me soon and root me out. LOL. It's all good. I have nothing bad to say about BlackBull. Decent spreads and execution. Never had a problem. Once I'm forced out I'll have to switch to a Canadian regulated broker (likely OANDA) where I'll enjoy 20:1 leverage on the majors. It's all good. The way I trade now I barely get up to 10:1 anyway, so I think I'll be fine.
Still dreading that email from BlackBull. Hopefully I can continue to remain under the radar, for the rest of the year at least.
