Blackwell Global Review

Blackwell Global is a Cyprus based broker providing online Forex and CFDs trading services for clients from all over the world. Established in 2010, the company maintain satellite offices in several countries notably China, New Zealand, Singapore and the United Kingdom.

A straight-through processing (STP) broker with non-dealing desk (NDD) facilities; Blackwell Global has done well for itself wining numerous awards along the way. With a commitment for integrity and complete transparency, Blackwell Global’s vision is “… to be the world’s most trusted financial institution that provides online trading solutions, wide range of alternative investments, and banking services….”

Trading Platforms

At present, Blackwell Global provides their clients with 4 main types of trading platform depending on their needs. These include:

• Blackwell MT4 trading platform
• Blackwell Mobile trading platform
• Blackwell Multi Account Manager
• Blackwell MT4 MultiTerminal

The MetaTrader 4 is the forex industry most popular and reliable online trading platform. Powered by cutting edge technology, the platform is highly customizable according to the needs of the individual traders. Also packed with features and tools, traders can rest assured that their trading performances are maximized.

For traders who are constantly on the move, Blackwell Global also provide them with a mobile friendly trading platform. The aim is to provide their clients with easy access to their trading account on their mobile devices. This is especially useful when traders have no access to their dedicated trading computer.

Multi Account Manager

For money managers dealing with large accounts, they have the use Blackwell’s Multi-Account Manager (MAM) trading platform which is designed as an integrated suite for managing multiple accounts through a single interface. Developed by the MetaFX, a leading MetaTrader 4 software developer, the MAM platform is only provided to money managers.

MT4 MultiTerminal

For traders that need to manage multiple trading accounts, they can use the Blackwell’s MT4 MultiTerminal trading platform. The platform allows a trader to control multiple accounts with just a single click of the mouse. Developed by Metaquotes, the Blackwell’s MT4 MultiTerminal trading platform doesn’t require a master account to operate.

Account Types

At Blackwell Global, traders have the flexibility to open 3 different types of trading account:

• Mini Trading account ($2,000-$10,000)
• Standard Trading account ($10,000-$200,000)
• Institutional Trading account (above $200,000)

Basically, there are no differences in the account types apart from their minimum deposit requirements. For those traders who want to trade according to the Shariah no “Riba” principle, Islamic trading account is also available.

Commission & Spreads

As per the industry standard, Blackwell Global doesn’t charge any commissions on the trades done through them. Instead, they have to pay a slightly wider spread on top of the quotes derived from the top 12 investment banks. The list below shows the typical spreads charged by Blackwell Global.

Customer Support

24 hours customer support is available at Blackwell Global through live chat. Alternatively, traders can contact them through email at:

• info@blackwellglobal.com
• support@blackwellglobal.com
• clientservices@blackwellglobal.com

Telephone support is also available by calling the following numbers:

• +357 2500 1300 (Cyprus)
• +44 20 7156 5047 (UK)
• +64 9307 6868 (New Zealand)
• +86 21 6335 0808 (China)
• +65 6248 4612 (Singapore)

Reliability

• In terms of reliability, traders can rest assured that Blackwell Global is a legitimate broker. The company is registered and licensed as a financial services provider in both Cyprus and New Zealand. The benefit of dealing with Blackwell Global is the fact that traders have added protection and access to an investor compensation fund and a dispute resolution mechanism in Cyprus and New Zealand respectively.In accordance with international standards, all clients’ funds are kept segregated from the company’s operational funds at Tier 1 international banks like Barclays, DBS and HSBC. For further security, all internet traffic between traders and Blackwell Global are encrypted with SSL encryption technology.In order to comply with international anti money laundering protocols, Blackwell Global does not accept not any funds transfers from any 3^rd parties. Only deposits and withdrawal made by its clients are processed. To facilitate the process of fund transfer, Blackwell Global provided their clients with several alternative methods like:
  • Bank wire transfer
  • Debit/Credit cards
  • Clickandbuy

   

• Pros
  • Can also trade in precious metals and CFDs beside from forex
  • Fast execution speed
  • Have demo account to try out
  • Have good resource section
  • Provide multiple types of trading platforms
  • Reasonable spreads
  • Regulated broker
  • Reliable 24 hours customer support
  • STP broker
  • Support mobile trading

   

  Conclusion

  Even though Blackwell global has been in business for three years, the numerous awards that the broker had picked over the years proved that it has been a consistent reliable broker. Our own review of the broker also shows no serious deficiency in the quality of the services. The only thing that we find lacking is the fact that the broker only supported three methods of fund transfers. This can easily be corrected by just giving traders more choices. Overall, the Blackwell Global can be recommended to traders who are looking for a reputable and reliable broker.