We take a closer look at Blackwell Global, a broker regulated by the Financial Conduct Authority (FCA) in the UK and by the Securities and Futures Commission of Hong Kong (SFC). We’ll analyse the pros and cons, the fees and commissions, the available deposit and withdrawal methods, and the speed of executing trades. You’ll be able to decide whether Blackwell Global is the right broker for you to open an account with.
Founded in 2010, the Blackwell Global companies (Blackwell Global) were established to provide brokerage solutions for individual and institutional clients, along with other investment products. Blackwell Global is a straight-through processing (STP) brokerage providing superior liquidity and price feeds from top international banks, 24-hour technical support, market research tools, educational materials and other benefits. Blackwell Global has a presence in more than 20 countries, with main offices in Auckland, Limassol, London, Shanghai and Singapore.
| General Information about Blackwell Global | |
|---|---|
| Min. Deposit | $2000.0000 |
| Supported Languages | Arabic, English, French, Italian, Korean, Romanian, Chinese (Mandarin) |
| Supported Currencies | United States Dollar, Euro, Japanese Yen, British Pound, Swiss Franc, Australian Dollar, New Zealand Dollar |
Overview
Blackwell Global is one of the most advanced brokers on the internet. It is the preferred choice of thousands of retail traders and institutional customers who are looking for a reliable, elite and flexible trading solution. The company has everything you need to start a successful trading career – an educational centre, market research tools, excellent support, tight spreads and a great custom-built trading platform.
Blackwell Global is regulated by the FCA, FSBR and CySEC. Their website is available in seven languages, including Arabic, French, Italian, Chinese, Romanian, Korean and English.
| Regulator | Licence |
|---|---|
| ASIC (Australia) | Yes |
| FMA (Austria) | Yes |
| FSMA (Belgium) | Yes |
| IFSC (Belize) | Yes |
| FSC (British Virgin Islands) | Yes |
| CySEC (Cyprus) | Yes |
| FSA (Denmark) | Yes |
| DFSA (Dubai) | Yes |
| DGCX (Dubai) | Yes |
| FSA (Estonia) | Yes |
| SEBI (India) | Yes |
| FSPR (New Zealand) | Yes |
| FCA (UK) | Yes |
| Instrument | Spread |
|---|---|
| EUR/USD | 2.20 |
| GBP/USD | 3.00 |
| USD/JPY | 2.20 |
Platform & features
Platforms |
PC / MAC |
Smartphones |
Tablets |
|---|---|---|---|
| MetaTrader 4 | |||
| MetaTrader 4 Multi Terminal | |||
| MT4 Webtrader |
Apart from the main platform, Blackwell Trader MT4, traders can also use the MetaQuotes mobile trading platform, which is available for all types of mobile devices. Additional extras offered by Blackwell are the Multi-Account Manager and the MT4 MultiTerminal, which can be used to quickly manage several accounts via MetaQuotes. On Blackwell Global’s website you’ll also find a detailed video guide that will tell you more about the trading platforms available and familiarise you with their main functions.
The leverage isn’t fixed and differs for each type of account. You can also register a demo account to familiarise yourself with the trading platform.
Trading assets
Although Blackwell Global is one of the most popular and reputable brokers, it doesn’t support as many currency pairs as many of you would like. Traders have access to 32 currency pairs, and there are no indications that this number will increase soon. Nevertheless, 32 currency pairs should be enough for most traders, especially considering that all the major pairs are included in the list. You can also trade precious metals and contracts for difference.
| Trading Information | |
|---|---|
| Trading Platforms | MetaTrader 4, MetaTrader 4 Multi Terminal, MT4 Webtrader |
| Demo Account | |
| Hedging | |
| Scalping | |
| Retirement Account | |
| US Traders | |
| Arabic Traders | |
| Market | Leverage |
|---|---|
| Currencies | 200 |
| Commodities | 200 |
| Brand | Minimum | Fees | Processing Time |
| $2000 | No Fees | Instant | |
| $2000 | No Fees | Instant | |
| $2000 | Bank Charges | Instant | |
| $2000 | No Fees | Refer to Times |
| Brand | Minimum | Fees | Processing Time |
| $0.01 | No Fees | Instant | |
| $0.01 | No Fees | Instant | |
| $0.01 | No Fees | Instant |
Reliability
As we mentioned earlier, there are several types of accounts when you register with Blackwell Global. A minimum investment of $2,000 is required to open a Mini account. For $10,000 you’ll get a Standard account, and for an investment of over $200,000 you’ll have the chance to open an Institutional account.
Depositing and withdrawing money can be done via wire transfer, credit/debit card, Skrill or CashU. No fees are applied. If you have any problems with your account, you can contact Blackwell Global’s support staff, who are available 24/5 via phone, chat, email or the company’s forums. There are no reports of major problems when it comes to withdrawing money, so Blackwell Global is believed to be one of the most secure and reliable brokers at the moment.
Bonus offers
Currently, Blackwell Global offers a $100 welcome bonus which doesn’t require a deposit. The only thing you need to do to obtain the bonus is register an account. Keep in mind that, to withdraw this bonus, you need to deposit a minimum of $100 and you must have traded at least 10 lots within one month of receiving the bonus.
