New BlackBull Markets clients who join through a referral link can earn US$100 after depositing US$500 and trading 5 FX or metal lots, or US$250 after depositing US$2,000 and trading 20 lots.
Researched and rated by the BrokerBonuses editorial team · Last verified 2026-06-07 · How we rate
Risk warning: Trading carries a high risk of losing money, especially with leveraged products such as CFDs. A bonus does not reduce that risk. Only deposit what you can afford to lose.
Value rating breakdown
Availability
Checking availability…All countries except those restricted
The catch
Open a BlackBull Markets live account through a valid Refer a Friend referral link, then deposit US$500 and trade 5 FX or metal lots for the US$100 tier, or deposit US$2,000 and trade 20 lots for the US$250 tier. Each eligible trade must stay open at least 10 minutes, and ALL deposit and lot requirements must be met within 30 days of qualifying (per BlackBull's published Refer a Friend terms), not 90 days.
How to claim
- Sign up for a BlackBull Markets live account using a valid Refer a Friend referral link (you must register through the link to qualify).
- Make a qualifying deposit: US$500 for the US$100 tier or US$2,000 for the US$250 tier.
- Trade the required FX or metal lots within the qualifying window: 5 lots for US$100 or 20 lots for US$250, keeping each eligible trade open at least 10 minutes.
- Complete the deposit and trading requirements within 90 days of opening the account; the bonus is then credited to the trading account.
Full review
BlackBull Markets runs a Refer a Friend welcome bonus that pays both the new client and the person who referred them. You have to open a live account through a referral link, then deposit and trade to unlock the cash. The entry tier pays US$100 for a US$500 deposit plus 5 FX or metal lots traded.
The top tier pays US$250, but that requires a US$2,000 deposit and 20 lots, so the headline "up to US$250" figure is the exception, not what most people collect. The catch is the trading requirement and the hold rule. Each qualifying trade must stay open for at least 10 minutes to count, and all the deposit and lot conditions must be met within 90 days of opening the account.
The bonus credit itself cannot be withdrawn as cash, but any profit you make trading with it can be withdrawn. A client can claim a maximum of three of these bonuses. Eligibility is global with two notable exceptions: BlackBull Markets does not accept clients from the United States or Canada.
The offer applies to new live accounts opened via a valid referral link, and the specific deposit, lot, and hold figures come from BlackBull's published Refer a Friend terms.
Pros
- +Bonus is credited as real cash to the trading account, not as non-tradeable credit.
- +Profits earned while trading the bonus are withdrawable.
- +Generous 90 day window to meet deposit and trading requirements.
- +Both the new client and the referrer get paid.
Cons
- −The headline US$250 requires a US$2,000 deposit and 20 lots; most users only hit the US$100 tier.
- −The bonus amount itself cannot be withdrawn, only the profits from it.
- −Requires joining through a referral link, not available on direct signup.
- −Not available to clients in the United States or Canada.
- −Lot turnover requirement (5 to 20 FX/metal lots) plus a 10 minute minimum hold per trade.
- −Qualifying window is only 30 days, not 90, all deposit and lot requirements must be met within 30 days of qualifying per BlackBull's official terms.
Welcome bonus with BlackBull Markets
Now you know the terms. Claim it on the broker's own site.
Sources & verification
We research every bonus from the broker's official pages and re-check it on a 60-day schedule.
Confirmed against official sources: Bonus amount, type, Minimum deposit, Turnover requirement, Time limit, Eligible countries.
Broker regulation: FMA (license FSP403326), FSA (license SD045).
- Bonus terms and conditions: blackbull.com ↗
- BlackBull Markets official site: blackbull.com ↗
Last verified 2026-06-07. Next review within 60 days.