BlackBull Markets has introduced Perpetual Contracts, enabling traders to access gold and cryptocurrency markets around the clock without expiry dates. The new instruments launched on MetaTrader 5 and operate continuously, departing from traditional futures contracts that follow set market hours and fixed expiration schedules.
- Platform: MetaTrader 5
- Market Access: 24/7 trading with dedicated support
- Symbol Identifier: -PERP suffix on contract symbols
- Funding Frequency: Applied every eight hours
- Commission: Currently zero
Perpetual contracts allow traders to speculate on asset prices without ownership or fixed maturity dates. Unlike traditional contracts, perpetual instruments use a funding mechanism, periodic payments between long and short position holders, to maintain price alignment with underlying markets. A positive funding rate means long position holders pay shorts, while negative rates reverse this flow. This mechanism replaces traditional rollover and expiry structures common in conventional CFDs.
The distinction between perpetual contracts and traditional CFDs centers on their mechanics. Perpetual contracts employ continuous funding adjustments to keep contract prices synchronized with spot markets, whereas CFDs rely on expiry dates and rollover procedures. Traders should note that perpetual contract prices can diverge significantly from underlying asset prices at times, creating additional volatility considerations.
BlackBull Markets positions the offering as a solution for traders seeking unrestricted market access. The broker provides 24/7 customer support alongside the new perpetual contracts, catering to global market participants across different time zones. The company operates as a multi-asset broker providing trading services across forex, commodities, and digital assets.
