BLACKWELL GLOBAL offers 6 live account types [ECN, Standard, Premium, Turbo, Islamic, Professional], with a maximum leverage of 1:400. The brokerage does not have any minimum deposit amount and operates based on 3 base currencies [USD, EUR, GBP].
BLACKWELL GLOBAL Company Information & Regulation
BLACKWELL GLOBAL is a financial brokerage established in 2010 under the legal name Blackwell Global Investments Limited.
Key Points:
- Headquarters: 4 North Buckner Square, Sandyport, Nassau, NP, The Bahamas
- Regulatory Bodies: Securities Commission of The Bahamas (SCB), Financial Conduct Authority (FCA) in the UK, Cyprus Securities and Exchange Commission (CySEC)
BLACKWELL GLOBAL Specifications
When it comes to choosing a forex broker, details become very critical. Let's break down the key specifics that make the mentioned brokerage stand out:
Broker | BLACKWELL GLOBAL |
Account Types | ECN, Standard, Premium, Turbo, Islamic, Professional, Demo |
Regulating Authority | SCB, FCA, CySEC |
Based Currencies | USD, EUR, GBP |
Minimum Deposit | None |
Deposit Methods | Credit/Debit Cards, E-payment Systems, Bank Transfers |
Withdrawal Methods | Credit/Debit Cards, E-payment Systems, Bank Transfers |
Minimum Order | 0.01 Lots |
Maximum Leverage | 1:400 |
Investment Options | Blackwell Invest |
Trading Platforms & Apps | MetaTrader 5 |
Markets | Forex, Commodities, Indices |
Spread | Varies by Account |
Commission | Varies by Account |
Orders Execution | Market, Instant |
Margin Call / Stop Out | 80% / 50% |
Trading Features | Economic Calendar, VPS, |
Affiliate Program | Yes |
Bonus & Promotions | No |
Islamic Account | Yes |
PAMM Account | No |
Customer Support Ways | Email, Ticket, Callback Request, Phone Call, Live Chat |
Customer Support Hours | 24/5 |
Are There Various Trading Accounts?
BLACKWELL GLOBAL offers a good range of 4 + 2 options as its live trading accounts. You can learn about their specifics in the table here:
Account Type | ECN | Standard | Premium | Turbo |
Min. Trade Size | 0.01 Lots | |||
Min. Deposit | $500 | $0 | $500 | $0 |
Pricing | 5 Digit Pricing | |||
Maximum Leverage | 1:200 | 1:100 | 1:200 | |
Base Currencies | USD, EUR, GBP | |||
Margin Call | 80% | |||
Stop Out | 50% | |||
The additional 2 are Islamic and Professional; the former enables trading with no swap fees, while the latter provides a higher leverage of up to 1:400.
Besides, a demo trading environment is also provided with each account for practicing and strategy testing.
Account Creation and Verification Guide
In this section, we provide a guide covering the stages of the registration process in BLACKWELL GLOBAL:
- Navigate to the website's homepage and click on "START TRADING";
- Enter your full name, country of residence, nationality, phone number, and email address, and create a password. Alternatively, register using a Google, Facebook, or X (formerly Twitter) account;
- Confirm the statements and click "Continue";
- Provide the PIN sent to your email address.
Now, your account is created on the broker's website. Next, you will be automatically navigated to the verification process, which will require you to provide additional personal details and other information regarding your employment, financial background, knowledge, and experience.
Also, you must submit the necessary documents as proof of identity and proof of address.
BLACKWELL GLOBAL Trading Platform
When it comes to trading platforms, BLACKWELL GLOBAL keeps it simple yet effective by offering MetaTrader 5 (MT5), one of the most popular terminals in the industry.
Download the platform's software via these links:
Does BLACKWELL Have Fair Spreads and Commissions?
The broker offers competitive numbers for trading fees and spreads across its account types:
Account Type | Standard | ECN | Premium | Turbo |
Spreads | From 0.8 Pips | From 0 Pips | From 0.2 Pips | From 0 Pips |
Trading Commissions per Round Lot | $0 | $9 | $0 | $5 |
Based on the investigations done by our team, the company does not charge its clients with any other costs.
Payment Options and Systems in BLACKWELL GLOBAL
This brokerage takes a common approach toward this matter, offering 5 familiar choices for making deposits and withdrawals:
- Credit/Debit Cards: Visa, MasterCard
- Bank Transfers: Wire transfer
- E-wallets: Skrill, Neteller
Copy Trading and Other Investment Features
For those looking to diversify their trading strategies, BLACKWELL GLOBAL offers the "Blackwell Invest" platform. It's not a copy trading facility, though, and offers no social trading features; in fact, it provides "investment portfolios" and strategies consisting of "stocks, ETFs, and investment funds".
Here are the download links to the platform's application on Apple App Store and Google Play Store:
Does BLACKWELL GLOBAL Offer Any Bonuses?
As of the last update, this broker does not offer any specific bonuses or promotions. This approach aligns with its stringent regulatory status. We will inform you on this page in case of any changes.
Support Contact Channels and Open Hours
BLACKWELL GLOBAL does a normal job in terms of customer services; it offers 5 contact options:
- Email: cs@blackwellglobal.bs
- Live Chat: Available directly on the official website
- Phone: 001 (242) 603-2169
- Callback Request: Submittable on the "Contact Us" page
- Ticket: Available on the "Contact Us" section
The company states that the support team is available to answer the clients on a 24/5 basis.
Trust Scores and Reviews
Websites and sources such as the Trustpilot, ForexPeaceArmy, and ScamAdvisor receive reviews for companies and give an average score based on them and other factors.
Here's how BLACKWELL GLOBAL fares on these platforms:
- Trustpilot: 2.8/5 based on 30 reviews
- ScamAdviser: Trustscore of 10/100, with a 2.7/5 score based on +40 user reviews
- ForexPeaceArmy: 2.4/5 with more than 10 ratings
The overall image of the brokerage on these sources is negative; however, it's not the only important factor in trusting a company.
Conclusion and Final Words
BLACKWELL GLOBAL costs $9 per round lot on its ECN account, with spreads starting from 0 pips. There are no trading fees on the Premium one, but the minimum spread is higher at 0.2 pips.
The company has received a 2.8/5 score on Trustpilot, based on 30 user reviews.
