Blackwell Global review
Blackwell
Blackwell Global is a well-established international broker that operates under the regulation of reputable bodies, including the Financial Conduct Authority (FCA) in the UK, the Securities and Futures Commission (SFC) in Hong Kong, the Securities and Exchange Commission of Cambodia (SECC), and the Securities Commission of the Bahamas (SCB). These regulatory affiliations ensure the broker's commitment to maintaining high standards and providing a secure trading environment.
Depending on your location, trading conditions may vary slightly. For instance, if you register from the UK, FCA regulations limit leverage to a maximum of 30:1 and restrict access to trading incentives like welcome bonuses and deposit bonuses. However, international traders can enjoy a maximum leverage of 200:1.
While Blackwell Global offers around 65 tradable instruments, it's worth noting that some other brokers may provide a broader range of options. Nevertheless, the broker's primary trading platform is MetaTrader 5 (MT5), a highly popular multi-asset platform. Traders can access the MT5 platform through desktop, mobile, and web versions, providing flexibility and convenience.
One of the notable advantages of trading with Blackwell Global is the extensive educational material and market research tools provided to traders. They offer a range of resources including webinars, trading guides, and e-books, allowing traders to enhance their knowledge and stay informed about market trends. Additionally, the broker offers Virtual Private Servers (VPS), ensuring uninterrupted trading by enabling 24/7 order placement. The VPS service is particularly attractive to algorithmic and high-frequency traders due to its low-latency capabilities.
For customer support, Blackwell Global offers multiple channels of communication. Both new and existing traders can reach out to the broker via email, phone call, or live chat. The customer support team is available from Monday to Friday, ensuring timely assistance and resolving any queries or concerns.
Overall, Blackwell Global provides a regulated trading environment, a range of educational resources, access to the popular MT5 platform, and customer support options to cater to traders' needs.
Countries
Afghanistan, Albania, Algeria, Andorra +173 more
Regulations
FCA UK, SECC, SFC, Securities Commission of The Bahamas
Account currencies
EUR, GBP, USD
Assets
Energies, Indices, Precious metals
Platforms
MT5
Deposit methods
Bank Transfer, Credit Card, Neteller, Skrill
Others
Segregated accounts, Copy trading, Demo account, ECN, Exotic Pairs, Expert Advisors, Fast withdrawals, Lowest minimum deposit, Lowest spreads, Micro Lots, Negative balance protection, PAMM, Part of compensation scheme, Provides webinars and seminars, Signals, Swap-free
Promos
Referral bonus, Rebates
Visit brokerBlackwell Global caters to the diverse needs of traders by offering four different account types, allowing them to choose between the lowest spreads or the lowest commissions based on their trading preferences.
For active traders, the ECN and Turbo accounts are particularly appealing as they do not have any spread markups. These account types are well-suited for scalpers, intraday traders, news traders, algorithmic traders, and high-frequency traders. ECN account holders are charged a commission of 4.5 USD per side per traded lot, while Turbo account traders pay a commission of 2.5 USD per side per lot.
On the other hand, for less active traders such as swing traders and position traders, Blackwell Global offers the Standard and Premium account types. The Standard account features trading fees starting from 0.8 pips, which are included in the spreads. For Premium account holders, the spreads for trading EUR/USD are as low as 0.2 pips.
Across all account types, the stop out level is set at 50%, ensuring that positions are automatically closed when free margin levels reach 50% to prevent negative trading balances.
Blackwell Global supports multiple account currencies, including USD, EUR, and GBP. Opening a live trading account in your local currency can help you save on conversion fees.
Overall, Blackwell Global is a well-regulated broker with competitive trading fees and offers popular trading platforms. However, it's important to note that the number of tradable instruments is not as extensive as some other brokers.
