Recalculated 2026-10-25 · Established 2014 · BBG Limited
BlackBull Markets — Pakistan
BlackBull Markets is rated 3.92 out of 5 by our formula (Rank #7 of 36) for traders in Pakistan: round turn 6 USD, residents accepted — Through an offshore entity.
Suits you if the round turn is 6 USD against a 7 USD median here · you can open with 0 USD · a swap-free account is available
Look elsewhere if it holds no licence issued in Pakistan · you are onboarded by an offshore entity, not a local one
Key facts (8)
- Who actually onboards you
- BBG Limited
- Licence number
- SD045
- Established
- 2014group
- Min deposit, USD
- 0 USDgeo
- Platforms
- MT4 · MT5 · cTrader · TradingView
- Local funding
- Cards, bank wire, Skrill, Neteller and crypto; a
- Max leverage
- 500geo
- EURUSD
- 0.8 pipsgeo
Accounts (3)
3 of 3 shown
Click a column heading to sort. Figures are list terms, no promo codes.
| Broker · account | Min deposit, USD | Spread | Commission | Cost per lot | Swap-free |
|---|---|---|---|---|---|
| BlackBull MarketsECN Standard | 0 | 0.8advertised | Any | 8round turn, USD | — |
| BlackBull MarketsECN Prime | 0 | 0advertised | 6per standard lot | 6round turn, USD | — |
| BlackBull MarketsInstitutional/Prime+ | 20000 | no data | 3per standard lot | 3round turn, USD | — |
This broker against the Pakistan middle (37 of 63)
| BlackBull Markets | Pakistan median | |
|---|---|---|
| Round turn, USD | 6.0 USD | 7.0 USD |
| Min deposit, USD | 0 USDgeo | 7.5 USD |
| Max leverage | 500geo | 750.0geo |
| Withdrawal, h | 1-3 business days hgroup | 24.0 h |
| EURUSD, standard | 0.8 pipsgeo | 0.95 pips |
| EURUSD, raw | 0.0 pipsgeo | 0.0 pips |
| Established | 2014group | 2006.5 |
| Platforms | 6 | 3 |
Accepts residents of Pakistan
Through an offshore entity
Score (6/6 axes)
Ranked against brokers measured on every axis
Licence check
Who actually onboards you
BBG Limited
Offshore entity
Pakistani retail clients are onboarded under the offshore entity BBG Limited (Seychelles); Pakistan is not on BlackBull's restricted list.
What users rate it, and how many
Evaluating 801 reviews
Round-turn cost next to the Pakistan median (37 of 63)
raw+commission
Taking money off the account
What the account tiers cost
ECN Standard (USD 0 min, commission-free, spreads from ~0.8 pips), ECN Prime (USD 0 min, from 0.0 pips + ~USD 6 round-tu
Terminals and instruments (6)
MT4 · MT5 · cTrader · TradingView · BlackBull CopyTrade · BlackBull Invest
72 forex pairs and 26,000+ tradeable symbols: share CFDs, indices, commodities and crypto CFDs.
Pros and cons
Pros (2)
- Round turn 6.0 USD against a Pakistan median of 7.0
- Swap-free account available
Cons (1)
- No local licence: the client is onboarded by a foreign entity
Tax on trading gains in Pakistan
Forex/derivatives trading profit for residents is generally taxed as income; where treated as capital gains on movable assets (other than exchange-traded securities) it is taxable at the individual's normal slab rates (as of the review), while listed-securities gains and foreign shares/funds carry specific rates (foreign shares/mutual funds ~15% flat per PwC). Residents taxed on worldwide income;
Where it does not serve
Afghanistan, Algeria, American Samoa, Belarus, British Virgin Islands, Burundi, Cameroon, Canada, Central African Republic (the), Cuba, Democratic People’s Republic of Korea (North Korea), Democratic Republic of the Congo, Eritrea, Gaza Strip, Guam, Guinea Bissau, Haiti, Iran (Islamic Republic of), Iraq, Japan, Kenya, Kosovo, Lao, People’s Democratic Republic (the) (Laos), Lebanon, Libya, Myanmar
Methodology
2 + 3 × weighted mean of six axes · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%
Verified · what changed · sources (2)
Checked: 2026-07-09
FAQ (5)
Does BlackBull Markets accept residents of Pakistan?
Through an offshore entity.
Which entity onboards a Pakistan client of BlackBull Markets?
BBG Limited
What licence does BlackBull Markets hold for Pakistan?
Licence SD045.
What does one EURUSD lot cost at BlackBull Markets?
6.0 USD per round turn against a Pakistan median of 7.0 USD, measured on 37 of 63 brokers.
How long does a withdrawal from BlackBull Markets take?
1-3 business days hours as published. Withdrawal times depend on internal processing and the payment provider: • Credit/Debit Cards: Typically 1–3 business days after processing.