Security of Funds Support | BlackBull Markets Trade with an award-winning broker Mon, 22 Apr 2024 00:31:36 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.2 https://blackbull.com/wp-content/uploads/2023/08/favicon-150x150.png Security of Funds Support | BlackBull Markets 32 32 Is BlackBull Markets an ECN broker? https://blackbull.com/en/support/is-blackbull-markets-an-ecn-broker/ Sat, 11 Dec 2021 05:13:57 +0000 https://staging.blackbull.com/support/is-blackbull-markets-an-ecn-broker/ Yes, BlackBull Markets is an ECN (Electronic Communication Network) broker.   ECN brokers use electronic systems to match buy and sell orders in financial markets, thereby facilitating direct trading between different market participants. This model typically offers traders access to tighter spreads, faster execution, and greater transparency in pricing compared to market-making brokers.

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Yes, BlackBull Markets is an ECN (Electronic Communication Network) broker.

 

ECN brokers use electronic systems to match buy and sell orders in financial markets, thereby facilitating direct trading between different market participants. This model typically offers traders access to tighter spreads, faster execution, and greater transparency in pricing compared to market-making brokers.

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Is BlackBull Markets an NDD broker? https://blackbull.com/en/support/is-blackbull-markets-an-ndd-broker/ Sat, 11 Dec 2021 05:13:57 +0000 https://staging.blackbull.com/support/is-blackbull-markets-an-ndd-broker/ Yes, BlackBull Markets is an NDD (No Dealing Desk) broker. This means that we execute trades directly to the market without any intervention or dealing desk manipulation. NDD brokers offer more transparent pricing and faster execution speeds compared to brokers that operate a dealing desk model.

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Yes, BlackBull Markets is an NDD (No Dealing Desk) broker. This means that we execute trades directly to the market without any intervention or dealing desk manipulation. NDD brokers offer more transparent pricing and faster execution speeds compared to brokers that operate a dealing desk model.

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Where are client funds located? https://blackbull.com/en/support/where-are-client-funds-located/ Sat, 11 Dec 2021 05:13:57 +0000 https://staging.blackbull.com/support/where-are-client-funds-located/ Client funds are securely held in segregated accounts within ANZ Bank in New Zealand, one of the most trusted banks globally. BlackBull prioritizes client security, being a registered New Zealand Financial Services Provider (FSP#: FSP403326) and a member of the consumer watchdog group FSCL (FSCL#: 5623).

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Client funds are securely held in segregated accounts within ANZ Bank in New Zealand, one of the most trusted banks globally. BlackBull prioritizes client security, being a registered New Zealand Financial Services Provider (FSP#: FSP403326) and a member of the consumer watchdog group FSCL (FSCL#: 5623).

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Registration, AML, and security https://blackbull.com/en/support/registration-aml-and-security/ Sat, 11 Dec 2021 05:13:57 +0000 https://staging.blackbull.com/support/registration-aml-and-security/ Registration requirements BlackBull Markets collects and verifies the personal identification data of our account holders, while logging and tracking itemised statements of all the transactions that are carried out by our clients. Prior to opening an account with BlackBull Markets a valid form of government-issued identification (Driver’s License, State ID, or Passport), proof of residence, […]

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Registration requirements

BlackBull Markets collects and verifies the personal identification data of our account holders, while logging and tracking itemised statements of all the transactions that are carried out by our clients. Prior to opening an account with BlackBull Markets a valid form of government-issued identification (Driver’s License, State ID, or Passport), proof of residence, and bank account information is required, along with your completed account application. 


Additionally, BlackBull Markets tracks all suspicious transactions of our clients, and transactions executed under non-standard trading conditions.


AML Policies

  • Client funds are held in separate, segregated accounts that are designated only for client deposits and withdrawals.
  • Monitors funding from various bank accounts outside of the account holder’s home country.
  • Neither accepts cash deposits nor disburses cash under any circumstances.
  • Does not accept third-party deposits of any kind.
  • Matches each deposit to the account name on file for that customer.
 

BlackBull Markets reserves the right to refuse to process a transaction at any stage where it believes the transaction to be connected in any way to money laundering or criminal activity. In accordance with international law, BlackBull Markets is not obligated to inform the client if suspicious activity is reported to any corresponding regulatory or legal bodies.

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