Blackwell Global is a forex broker located in Bahamas, regulated by the Securities Commission of the Bahamas (SCB).
Blackwell Global accepts clients from all over the world, excluding USA, Belgium, New Zealand and some countries from the OFAC list.
Forex broker offers the following underlying assets for trading.
|45+ Currency Pairs||Based on major and minor world currencies.|
|12 Indice CFDs||Based on baskets of different blue-chip stocks.|
|2 Metal CFDs||Based on Gold and Silver.|
|2 Energy CFDs||Based on Crude Oil (WTI, Brent).|
Blackwell Global is a forex broker based in the Bahamas that accepts clients from most countries in the world, offers high leverage and pretty low spreads on most instruments.
One thing that makes Blackwell Global stand out among its competitors is the long track record it has. Having been active in the industry since 2010, Blackwell Global is already among the veterans in the forex trading space, and many traders will have heard about it. All in all, this is a good thing given that it proves to an extent that the broker is reliable, with no major scandals that have brought it down during all those years.
But although a long track record is a good thing, one thing we believe should be improved is the limited selection of trading instruments this broker offers.
The available instruments include a standard selection of just under 50 forex pairs, which is something that is expected from pretty much all forex brokers. In addition, this broker offers some 12 stock indices, as well as CFDs on gold, silver, and oil. Stocks, crypto, bonds, and many other asset classes are, in other words, completely missing, which is a bit strange for a forex & CFD broker that has been in the game for this long.
The only platform supported by Blackwell Global is MetaTrader 5 (MT5), which should already be familiar to most forex traders. The platform is the successor of the wildly popular MT4, and both versions remain popular to this day largely because of the ability to create custom trading strategies and indicators which can also be shared and sold on the platform.
As usual, MT5 is available in its standard downloadable version for Windows computers, as well as mobile apps for Apple and Android smartphones.
Like most other brokers we have reviewed, Blackwell Global offers its clients several different account types to choose from. With this broker, that includes an ECN Account with spreads from 0 pips and commissions of USD 4.5 per lot per side, a Standard Account with spreads from 0.8 pips and commission-free trading, a Premium Account with spreads from 0.2 pips and commission-free trading, and a Turbo Account with spreads from 0 pips and commissions of USD 2.5 per lot per side.
There is no minimum deposit requirement for the Standard and Turbo accounts, while the ECN and Premium accounts come with a USD 500 minimum. All of the accounts give access to the full range of trading instruments that Blackwell Global offers.
To fund a trading account, Blackwell Global clients can use either Visa or MasterCard, make a bank transfer, or use the popular e-wallets Skrill or Neteller. Unfortunately, this broker does not accept crypto deposits and withdrawals despite it being registered offshore.
Blackwell Global clients who encounter issues during their trading or during sign-up are of course always welcome to contact customer support. This can be done by using the live chat option on the broker’s website, sending an email, or by requesting a callback from the broker. Blackwell Global claims that its support team is available 24 hours a day on all trading days.
In conclusion, we consider Blackwell Global to be a veteran in the forex brokerage industry that offers users some peace of mind given how long it has been around for. However, it is worth noting that the broker is based in the Bahamas where regulation of forex brokers can be lax and definitely not at the same level as for instance in the EU. We also wish the broker had a better selection of trading instruments. Without that, there is little about this broker that makes it stand out from its competitors.