Blackwell Global

Blackwell Global is a STP broker, which allows direct market access, with No Dealing Desk intervention, providing trading across multiple instruments, including more than 32 currencies precious metals, precious metals as well as CFDs. (CFDs).

Blackwell Global is the trading name of Blackwell Global Investments (Cyprus) Ltd that is licensed and regulated by CySEC. The company was founded in 2010 and is now it’s a global broker with eight offices in Auckland, Beijing, Hong Kong, Lagos, Limassol, London, Melbourne, Shanghai and Singapore and an international network of partners and clients. The company that is based in London, Blackwell Global Investments (UK) Ltd. was granted an FCA license from February 1st 2016 and has been legally able to provide their services within the UK.

The two CySec and FCA both apply specific regulations and guidelines to the companies offering finance services within Cyprus and the UK respectively. The most significant is an annual minimum requirement for capital. Brokers based in the UK are required to maintain a minimum of EUR730 000 while those based in Cyprus 1,000,000 euros. In the same way, brokers from Australia need to have at least $1,000,000 in assets and those located in the US between $20 million and $1,000,000 for them to operate legally.

Regulation by FCA additionally provides additional security to the funds of clients, because they fall within the Financial Services Compensation Scheme, where the maximum amount of compensation is PS50,000 for each person. In addition, all CySec-regulated brokers are part of the Investor Compensation Fund, which protects the claims of insured clients up with a maximum amount of $20,000 EUR each.

If you’re looking in FCA-regulated brokers more, here you can look at a few.

Additionally, Blackwell Global has obtained two licenses with the Security and Futures Commission (SFC) of Hong Kong to provide trading in futures and securities services in the year 2017. In Hong Kong, the broker operates a separate website, www.blackwellglobal.com.hk.

Trading Conditions

Minimum initial deposit

The minimum deposit required for clients of Blackwell Global are 500 dollars (on the Mini account). Other brokers that are FCA-regulated, such as FXopen as well as Price Markets, demand just one dollar from customers to begin with.

Average Spreads & Commissions

Blackwell Global offers typical spreads that range from 1.6 to1.6 pip on EUR/USD. These spreads are slightly higher than the average. For instance, FxPro offers average spread of 1.4 pip on the EUR/USD pair for its MT4 accounts with no commissions. You can search for the real-time spreads for 15 of the top brokerages here.

Leverage

The maximum leverage offered by FXPro is 1:200, which is the standard. FxPro is one example, and provides leverage as high as 1:500. Other brokers, such as the Cyprus-based FXTM that offer leverage levels that go as much as 1:1000. However, traders must be aware that these leverage levels could boost their profits and result in significant losses. This is the reason why restrictions on leverage levels are imposed in a variety of countries: 1:50 in the USA 1:25 in Japan 1:100 in Poland.

Trading Platform

Blackwell Global provides the most well-known trade platform MetaTrader 4, desktop and mobile versions of the platform are also available. In addition the broker has also announced the an upcoming web versions of MT4 on its website.

MetaTrader 4 is the preferred choice of the majority of traders because it has an advanced charting software and a range of indicators that are technical, a comprehensive back-testing capabilities as well as expert Advisors (EA). This is the list of additional forex brokers that use the an MT4 platform.

To accommodate the needs of customers who manage multiple accounts, the broker provides MT4 MultiTerminal (available to Cyprus-based registrants) and the Multi Account Manager Platform (UK) developed by MetaFX (available to UK-based registrants).

There is also an Blackwell Trader Pro platform available exclusively for Institution Clients only, which gives competitive spreads, accurate execution, and also displays market depth and liquidity in conjunction with well-known counter parties.

Methods of Payment

There are many payment options for Blackwell Global’s clients:

– Debit/Credit Cards (Visa, MasterCard)

– E-Wallet: Neteller, Skrill

– Bank transfers – Bankwire

PayPal is the one major electronic payment system not available.

Conclusion

Blackwell Global is a reliable and legally regulated STP broker with a global presence. They offer trading CFDs, currency pairs and precious metals via the well-known MT4 trading system.