BlackBull Markets are based and registered in New Zealand. We are also governed by the FMA for KYC & AML (Know Your Client & Anti-Money Laundering Policies) and this implies more stringent on-boarding requirements.
Understandably this can be an inconvenience, however rest assured you are trading with a Broker that operates to the highest possible standard, which means the smooth operation of your future Trading Account.
So, what is a Video Verification?
A video verification is conducted as an alternative for a notarised identity document, whereby a member of our team have a video call with you, either via WhatsApp or Skype, and all you need to do is hold up either your Passport or ID card.
Once our team have verified your identity, we will then be able to open your Trading Account.
If you have been asked for a Video Verification, please kindly schedule a suitable time with your Account Manager or by emailing email@example.com
For any questions, please do let us know.
Happy & Safe Trading,
Fundamental analysis involves looking at the security from a financial and economic point of view. Typically, Fundamental Analysis is a method of determining a security or products real market value. Usually, traders and investors tend to look at the longer-term view of the market, looking at financial statements and economic data such as market share, industry growth, competition, business cycles and regulation. Therefore, this type of analysis is probably not suitable for shorter timeframes.
The swap is essentially a fee for holding a position overnight. Generally, this fee is to do with the central banks’ interest rates of the underlying currencies quoted in the currency pair with brokers possibly adding an extra commission on top of swap. This fee can either be debited or credited to your account depending on the interest rate differential.
For example, let us take the GBP/USD. If we are long the currency pair and the central bank interest rate for the UK is higher than the US’ central bank, you should experiencing something called a positive carry – where the interest rate received from holding the GBP position long is higher than the interest rate paid holding the USD short.
In contrast, if we were short the currency pair we would experience a negative carry – where the interest rate received from holding the USD position long is lower than the interest rate paid holding the GBP short.
The Japanese candlestick tells uses a box and whiskers type format, changing between two colors dictating whether it closed higher or lower. Japanese candlesticks can be used for any time frame, and are used to describe the price action during that time frame.
Black Bull Group Limited (trading name: BlackBull Markets) is a New Zealand registered and incorporated company (company number: 5463921). We are also registered with the Financial Services Provider Register (number: FSP403326).
Black Bull Group UK Limited is registered in United Kingdom, Company Number - 9556804. Payment clearing services provided by: BlackBull Group UK Limited (Company Number - 9556804) Address - 483 Green Lanes, London, Greater London, United Kingdom, N13 48S
Risk Warning: Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money you cannot afford to lose. You should make yourself aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any questions or concerns as to how a loss would affect your lifestyle.
Copyright © 2020 Black Bull Group Limited. All Rights Reserved.