Withdrawals & Deposits

 

 

How can I deposit funds?
From your client portal, you can deposit funds from the selection on the left hand side. For more details, visit: 
https://www.blackbullmarkets.com/content/view/deposit-funds

BlackBull Markets offers several different funding options including Moneybookers/Skrill, Neteller, China Union, Wire Transfer, and Credit Card.

If you are having difficulty, contact your account manager. We will try to make the process as convenient for our clients as possible.

 

What currencies are available to deposit with?
Most major currencies including: AUD, USD, GBP, JPY, EUR, NZD, ZAR, SGD

 

How can I withdraw funds?
From your client portal, select the withdraw funds option. Your peace-of-mind is a priority, BlackBull Markets will do its utmost to process the withdrawal within 24 hours. Please allow time for the withdrawal to process. For more details, visit:
https://www.blackbullmarkets.com/content/view/withdrawals
If you are having difficulty, contact your account manager. We will try to make the process as convenient for our clients as possible.

 

How long is the process time?
Most withdrawals are processed within 24 hours. Please allow time for the transfer to go through. Usually by bank wire, this takes up to 3 working days.

 

What fees are involved when depositing or withdrawing?
Depositing funds - $ 0.00  for any method
Withdrawing via PSP (Neteller, Skrill, Credit card, Union Pay, etc.) - $ 5.00 USD (flat fee for any amount)
Withdrawing via Bankwire (any bank) - $ 20.00 USD (flat fee for any amount)

 

Where are client funds held?
Client funds are securely kept in segregated accounts within ANZ Bank in New Zealand. The bank is one of the most trusted and sustainable banks in the world.

 

Can I withdraw into a different account?
In order to prevent money laundering, and in accordance with international laws, you can only withdraw funds into a location or account from which has the same name as your submitted legal documents. For special cases, please contact your account manager. We will do our best to accommodate your needs.

 

Can I withdraw profits to MB/Neteller/Credit Card/etc?
We can send up to the amount deposited by the same card. 
i.e. If you deposit 1,000 USD by card, we can return up to 1,000 USD back to the same card. 
Additional profits can be sent back to a bank account in your name. 

 

Are there any fees for withdrawing funds?
BlackBull Markets does not charge clients with any fees for withdrawals. Please note that intermediary financial institutions, like merchant providers, may charge fees on any withdrawals made under BlackBull Markets accounts.

 

Can I transfer money from BlackBull Markets to another broker?
All broker-to-broker transfers to-and-from BlackBull Markets is strictly prohibited due to compliance and regulation.

 

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