Licensed Brokers

BlackBull Markets License Review 2026

FMA New Zealand
FSA Seychelles

BlackBull Markets is a New Zealand-founded ECN-style broker with an FMA derivatives-issuer licence (FSP403326) and an FSA Seychelles entity for international clients.

Reviewed by Marcus Reed Senior Markets & Regulation Analyst

Verify License Licenses and Legal Entities

Licenses and Legal Entities

Match the legal entity and license number below against the account agreement before you deposit.

FMA New Zealand Verify License

Legal Entity: Black Bull Group Limited
License No.: FSP403326
Serves: New Zealand

FSA Seychelles Verify License

Legal Entity: BBG (Seychelles) Limited
License No.: SD045
Serves: Global / International

Broker overview

Trading platforms

MetaTrader 4, MetaTrader 5, cTrader, TradingView and BlackBull copy tools where offered.

Investor protection

NZ clients of Black Bull Group Limited are under FMA derivatives-issuer rules and FSCL dispute membership. Seychelles accounts have no equivalent statutory compensation fund.

Regional coverage

New Zealand residents should confirm the FMA-licensed company. International clients are often routed to the Seychelles entity.

Key features

Black Bull Group Limited FMA FSP403326, licence active
BBG (Seychelles) Limited FSA SD045
ECN-style raw accounts on MT4/MT5/cTrader
No FSCS/ICF-style fund on the NZ or Seychelles entities

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