Global multi-asset broker, BlackBull Markets, was crowned by the independent industry's most respected, Compare Forex Brokers, as the best execution speed broker in 2023.

BlackBull Markets, a leading online trading specialist based in Auckland, was ranked first for trades with the best execution speed in the test of Compare Forex Brokers, one of the most respected independent institutions, announced on March 2023.

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BlackBull Markets

Compare Forex Brokers sets the standard for limit test and market order speed in a recent study of all forex brokers that reviews all the best forex brokers to help traders decide on a broker. Winning this award highlights the benefits to BlackBull Markets as a recognized online broker in the forex market.

According to Compare Forex Brokers research, BlackBull Markets has an average execution speed of fewer than 75 milliseconds which outperforms the Forex industry average of 130 milliseconds. If the execution speed is below 100 milliseconds, traders will likely avoid slippage and get the desired order price more easily.

BlackBull Markets commented on its official website, "We invest heavily in the infrastructure and trading partnerships that enable strategic data center positioning, ensuring our customers have the fastest execution speeds in the industry."

BlackBull Chief Executive Officer Markets, Michael Walker, added, "Ultra-low latency is a testament to the power of our market maker or NDD model with STP to lead the industry and outperform market maker brokers by over 50 ms."