Blackwell Global Broker Review

History of Formation

Blackwell Global has its base in New Zealand and was set up in the year 2010. Since then, it has spread around the whole world and has become known for being client-centered, innovative, and transparent.

Mission and Aim

Blackwell Global primarily strives to provide secure and seamless trading environments for all the traders worldwide. This vision is to supply the tools and lead them through market access superior with the help of extraordinary support, thereby enabling each trader to reach his or her personal finance also through this objective.

Global Outlet

Initially operated in New Zealand, the firm now has its headquarters in Limassol, Cyprus, and has been serving clients in over 90 countries. Now running through various authorized entities, the broker works under local regulatory authorities and offers multilingual facilities.

Strengths and Weaknesses

Position strengths:

• Various Account Types
• Trading Tools Including VPS and Economic Calendar
• Supervised by High-Tier Regulatory Authorities
• Copy Trading Service

Areas for Improvement

• Limited Range of Trading Platforms
• Mixed User Reviews on Trust Platforms

Security and Licensing

Licenses

The company has several licenses, one of which comes from Cyprus, specifically from the CySEC – Cyprus Securities and Exchange Commission, and conforms to all conditions of MiFID II for the whole European Union. The financial standards of Blackwell Global are defined very strictly and controlled strictly.

Funds Separation and Safeguard

Blackwell Global is one of the companies of its type where all the client funds held in both; BlackwellGlobal and Top-Tier Banks which assure the utmost security for the same. BlackwellGlobal also offers "Negative Balance Protection" in safeguarding excess losses emerging from even the deposits against the traders themselves.

Instruments to Trade

FOREX Currencies

Trade over 30 forex pairs, including major, minor, and exotic currencies, with competitive spreads and leverage flexible.

COMMODITIES

Besides gold, silver, crude oil, and natural gas for good diversification, you will also trade commodities.

INDICES

Trade leading global indices such as NASDAQ, FTSE 100, and S&P 500 on the global marketplace, giving you efficient execution and competitive pricing.

Shares

With shares in leading businesses located in the U.S., the U.K., and Europe, you will be provided with all the CFD trading options that provide awareness in some international markets.

Types of Trading Accounts

Fees and Charges

Spreads and Commissions

For standard accounts, there are spreads beginning at 1.8 pips, whereas Pro Accounts start from 0.0 pips containing a commission of $7 per lot.

Swap Rates

Overnight bother customer for holding the order overnight. The swap-less options are also available for Muslims.

Fees on Inactivity

The account incurs a nonactivity fee if it remains inactive for over 90 days.

Trading Platform

MetaTrader 4

Blackwell Global supports the very first MetaTrader 4, which fosters the use of advanced and enriched trading tools, autopilot trading, and the presence of very many technical indicators.

Mobile Trading Apps

The app broker for iOS and Google devices makes it easy to manage your account in a minute for trading operations with direct market updates.

WebTrader

Provides trading from browsing your desktop. This tool serves for a trading experience without downloading.

Customer Support

Instructions for the completion of registration are:

• Fill out and submit the online form for registration, including the account type you wish to use, and present the required documentation:
• ID Proof (Passport)
• Proof of Address (Utility Bill or Bank Statement)

Processing of Deposits and Withdrawals

Payment Methods

Various providers for Blackwell Global, including bank transfers, credit/debit cards, and e-wallets such as Skrill and Neteller, are at the disposition of customers.

Processing Times

While deposits are processed instantaneously, it usually takes 1-3 working days to process withdrawals depending on the exact method used.

Fees Associated with the Transaction

Fees for deposits usually do not occur while withdrawal fees can happen depending on someone's choice of withdrawal method, a document outlining charges can be found at their website.

FAQ

Is the broker regulated?

Yes, Blackwell Global meets the CySEC requirements of MiFID II in the EU.

What trading platforms are available to you?

Your pick is from MetaTrader 4, the WebTrader, and mobiles from iOS and Android.

Can I know the minimum deposit charge on the account?

The most affordable deal—Standard Account—is $100, whereas Pro Account is $500.

What kind of accounts does the broker offer?

Account types offered by Blackwell Global include Standard, Pro, Islamic, and Demo accounts for various trading operations.

Fees and Commissions are charged based on what?

Such charges are payable by way of spreads. The Pro account uses commissions, swap rates for holding overnight positions, and inactivity charges apply if the account remains inactive for some time.

What is the maximum leverage the platform can extend?

It is up to 1:500.

Can I get a Demo Account?

Yes, Blackwell Global offers demo accounts for use with credit money to trade with.

How can I contact customer service?

Support is available for verbal communication during trading hours and will guide you through chat and by email as well.