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Blackwell Global Review

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Blackwell Global is a forex trading services broker. They give traders access to a wide variety of instruments in several markets like currencies, indices and commodities.

Pros

  • Segregates client funds
  • Established in 2010
  • Regulated by Financial Conduct Authority
  • Min. deposit from $500

Cons

To open a live account, you’ll need a minimum deposit of at least $500. Alternatively, Blackwell Global offers a demo account that you can use to practice and familiarise yourself with their platform.

Regulated by the Financial Conduct Authority, UK (FRN: 687576). Blackwell Global puts all client funds in a segregated bank account and uses tier-1 banks for this. Blackwell Global has been established since 2010, and have a head office in Cyprus.

Before we dive into some of the more detailed aspects of Blackwell Global ’s spreads, fees, platforms and trading features, you may want to open Blackwell Global ’s website in a new tab by clicking the button below in order to see the latest information directly from Blackwell Global.

Visit Blackwell

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Blackwell Global screenshot Open a demo account

71% of retail investor accounts lose money when trading CFDs with this provider.

What are Blackwell Global's spreads & fees?

Like most brokers, Blackwell Global takes a fee from the spread, which is the difference between the buy and sell price of an instrument.

The spreads displayed below are based on the minimum spreads listed on Blackwell Global’s website. The colour bars show how competitive Blackwell Global' spreads are in comparison to other popular brokers featured on BrokerNotes.

Blackwell Global
EUR/USD (Average: 0.7 pips) Not offered 0.5 pips 0.8 pips
GBP/USD (Average: 1.1 pips) Not offered 0.5 pips 0.1 pips
USD/JPY (Average: 1.1 pips) Not offered 1.6 pips 4.0 pips
AUD/USD (Average: 0.8 pips) Not offered 0.5 pips 4.6 pips
USD/CHF (Average: 2.3 pips) Not offered 1.6 pips 4.0 pips
USD/CAD (Average: 2.9 pips) Not offered 0.5 pips 4.6 pips
NZD/USD (Average: 3.6 pips) Not offered 2.3 pips 5.7 pips
EUR/GBP (Average: 2.4 pips) Not offered 0.5 pips 3.9 pips

Spreads are dynamic and are for informational purposes only.

As you can see, Blackwell Global’s minimum spread for trading EUR/USD is pips - which is relatively low compared to average EUR/USD spread of 0.70 pips. Below is a breakdown of how much it would cost you to trade one lot of EUR/USD with Blackwell Global vs. similar brokers.

See all Spreads

How much does Blackwell Global charge to trade 1 lot of EUR/USD?

If you were to buy one standard lot of EUR/USD (100k units) with Blackwell Global at an exchange rate of 1.1719 and then sell it the next day at the same price you would likely pay $5.25. Here’s a rough breakdown of the fees and how this compares against City Index & XTB .

Blackwell Global City Index XTB
Spread from: $ 2.00 $ 5.00 $ 2.00
Commission: $0.00 $0.00 $0.00
Total cost of a 100k trade: $ 2.00 $ 5.00 $ 2.00
$3 more $0 more
Visit Blackwell Visit City Index Visit XTB

All fees/prices are for informational purposes and are subject to change.

General Fees

  • Blackwell Global doesn’t charge inactivity fees*
  • Blackwell Global withdrawal fees varies on payment method

Commissions

  • Blackwell Global doesn’t charge commission on CFD shares

What can you trade with Blackwell Global?

Blackwell Global offers over 65 different instruments to trade, including over 49 currency pairs. We’ve summarised all of the different types of instruments offered by Blackwell Global below, along with the instruments offered by City Index and XTB for comparison.

FX / Currencies Blackwell City Index XTB
# of forex pairs offered 49 84 48
Major forex pairs Yes Yes Yes
Minor forex pairs Yes Yes Yes
Exotic forex pairs Yes Yes Yes
Cryptocurrencies No Yes Yes
Commodity CFDs Blackwell Global City Index XTB
# of commodities offered 0 26 21
Metals Yes Yes Yes
Energies Yes Yes Yes
Agricultural No Yes Yes
Index & Stock CFDs Blackwell Global City Index XTB
# of Stocks offered 0 4500 1606
UK Shares No Yes Yes
US Shares No Yes Yes
German Shares Yes Yes Yes
Japanese Shares Yes Yes Yes
See Blackwell's InstrumentsSee City Index's InstrumentsSee XTB's Instruments

What’s the Blackwell Global trading experience like?

1) Platforms and apps

Blackwell Global offers the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers. Blackwell Global also offer their custom INFINITUM platform. The combination of downloadable platforms for both Mac and Windows allows traders to trade with their device of choice.

Blackwell Global Screenshot

Blackwell Global also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you are on the move.

See Blackwell 's platforms

Trading Features:

  • Allows scalping
  • Allows hedging
  • Offers STP
  • Guaranteed stop loss

Accounts offered:

  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Managed account
  • Islamic account

Still not sure?

Open a practice account & learn to trade

2) Executing Trades

Blackwell Global allows you to execute a minimum trade of 0.01 Lot. This may vary depending on the account you open. Blackwell Global allows you to execute a maximum trade of 100 Lot. As Blackwell Global offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.

As a market maker, Blackwell Global may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically has larger capital and minimum trade requirements. Market makers typically have a lower minimum deposit, smaller minimum trade requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments. You can see the latest margin requirements on their website.

Finally, we’ve listed some of the popular funding methods that Blackwell Global offers its traders on the right.

Funding methods:

  • Credit cards
  • Bank Transfer
  • Neteller

3) Client support

Blackwell Global support a wide range of languages including English, Spanish, German, and Portuguese.

Blackwell Global has a BrokerNotes triple AAA support rating because they offer a wide range of languages and support options.

4) What you’ll need to open an account with Blackwell Global

As Blackwell Global is regulated by Financial Conduct Authority , every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you’ll likely be asked for the following, so it’s good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You’ll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it’s best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore Blackwell Global’s platform straight away, it’s important to note that you won’t be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Blackwell Global you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you’re prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from http://www.blackwellglobal.com/ on 01/07/2019.

71% of retail investor accounts lose money when trading CFDs with this provider.