Broker News

Blackbull Markets Receives FMA License

blackbullBlackBull Markets, the multi-asset broker based in New Zealand has recently announced that it has received a derivatives issuer license from the FMA (Financial Markets Authority) that strengthens its fintech offering not only domestically but also universally. The official statement for the broker securing the new regulatory license came out on Wednesday, August 12, 2020.



Michael Walker, the director of BlackBull Markets, states on the news that they have been working with the FMA in New Zealand for quite some time and expanding their business. With the addition of this FMA license, their clients can now rest assured that they have a regulated broker to trade in one of the most secure and fastest-growing financial markets in the world. He has also mentioned that under this license, the broker will provide both local and global retail clients with the opportunity to trade a range of forex, indexes, commodities, equity CFDs, and metals.

BlackBull Markets stands for Black Bull Group Limited in the trading markets. The broker offers an array of trading services, including foreign exchange (forex), commodities, and contracts for difference (CFDs). Since the foundation of the broker in 2014, BlackBull Markets has grown rapidly and consistently. It has also become double in size every year over the past three years. Moreover, the broker has expanded and customized its product offering in many new markets. With this new license, the fast-growing broker also plans to expand its offering by including other options like stand-alone equities.

As stated by them, they have a great team in Auckland that concentrates on the continuation of the strategic growth of the business over the forthcoming years. At the same time, they have the objective of being the leading financial technology and foreign exchange broker, as recognized and awarded by Deloitte.


For more please read BlackBull Markets Review


Risk Warning: Trading may not be suitable for everyone, so please ensure that you fully understand the risks involved. Especially trading leveraged products such as Forex and CFDs carry a high degree of risk to your capital and can result in the loss of your entire capital. Only invest with money you can afford to lose.