Blackwell Global Forex Review

Company Blackwell Global
Established in 2010
Online since 2010
International Offices China, new Zealand, Cyprus, Thailand, U.K, Singapore
Payment Methods Credit cards, Debit cards, LibertyReserve, MoneyBookers, Wire Tansfer
Demo Accounts & Platforms Meta Trader 4
Account currencies Australian Dollar, Euro, Japanese Yen, Great Britan Pound, New Zealand Dollar, USD
Regulated & Registered by FSP Switzerland, Cyprus Securities, Exchange Commission, FSA (U.K).
Are US Traders allowed?
Bonus? (detailed)
Languages in which website is available? Chinese and English
Languages in which Support is available? English, Arabic, Chinese, Indonesian, Italian, Korean, French, Romanian
Different Support methods? Live Chats, Skype, Email, Office, Phone, Web Form
Types of Account (micro standard executive islamic) Mini, Standard, Institutional
Minimum deposit in accounts Live Chats, Skype, Email, Office, Phone, Web Form
Minimum position size $2,000
Type of Spread? Variable
Minimum spread on EUR/USD, pips 0.01 lot
Is Scalping Allowed? Encouraged
Types of Trading Instruments (GOLD; CFD, etc. and the leverage) Leverage is 1:200. Gold, Silver, Forex
Real Trading platforms Blackwell Trader Mt4, Mobile Trading Platforms, Multi Account Manager, Blackwell Trader MT4 Multiterminal, Stability and Security
Digits after the dot in quotes 5
Margin call level 80%
Stop-out level 50%
Total Number of currency pairs Yes
Any Bonus offers Yes
Affiliate program Available? Yes
Facility of Overnight interest rates (swaps) Yes
Do they have Trailing stop? Yes
Do they have Pending orders? Yes
Mobile trading allowed? Yes
Browser-based platform present? Yes

blackwellThe recent surge in the market of forex trading has resulted in many brokerage companies mushrooming. Blackwell Global Forex was established in the year 2010 and they started their online trading service the very same year. The founders of the company were a group of financial professionals who were experienced in the market. The company offers a very tight spread and it starts from 2.2 pips and the leverage is 1:200. They have their offices in China, Cyprus, New Zealand, U.K, Thailand and Singapore. The various payment options available to the clients are debit cards, credit cards, Moneybookers, Liberty Reserve and Wire Transfer. With so many payment options in hand the deposit and withdrawal of fund becomes very easy and hassle free. The traders have the facility of having 7 different currencies in their account and offer 32 currency pairs to trade in which includes almost all major pairs to trade in. The company is well regulated in Switzerland by FSP, CySec in Cyprus and FSA in U.K.  Their website is available in Chinese and English whereas the support is available in 8 languages and can be availed using live chat, email, phone, Skype and web form.

The demo account is also available to the customers with Meta Trader 4 as the trading platform. However, the different trading account types offered are Mini, Standard and Institutional and the minimum deposit required to open an account with them is $2000. The use of scalping and Expert Advisor is also encouraged. They allow trading in Gold and Silver along with Forex and the maximum leverage offered is 1:200. They offer different types of accounts like MAM, segregated and also Islamic accounts. The traders can also place their order through telephone. The traders can also avail the facility of personal manager which helps them manage their account well.

One of the many criterions while choosing a forex broker is to check whether the company is regulated. Blackwell Global is highly regulated by the financial laws of Cyprus (CySec), Switzerland (FSP) and U.K (FSA). This is liked by many as many traders feel safe to trade with a well regulated broker company. They offer many types of trading platforms and one among them is Meta Trade 4. The traders like the fact that they have large number of trading platforms to choose from. The customer support service is excellent and is always at your service to provide solutions to all your queries. Though their website is available only in Chinese and English the customer support service is available in 7 languages. The customer support service can be availed using live chat, email, Skype, phone, web form and office. The staffs are very friendly and prompt in their response. The use of scalping and Expert Advisor is encouraged and is liked by many traders. The biggest concern of the traders with Blackwell is that the minimum deposit required to open an account with them is $2000.The overall reviews are very good and the average rating given to the company by its users is 4.5 out of 10

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