BlackWell Global review
Forex trading market is filled with different kinds of companies, and they are all providing various services to individual traders. However, not all of these enterprises are reliable and honest in their activities and intentions, and that is why it is always best to learn a thing or two about a particular company before putting your name on the dotted line and signing a partnership agreement. For instance, our BlackWell Global review will give you a chance to read all the relevant facts about this particular broker, and after gathering the necessary knowledge – you will be more than capable of deciding whether this company is worthy of your trust.
BlackWell Global Forex broker at a glance
Started in 2010, BlackWell Global is an STP broker that offers its services to people involved in the Forex market. BlackWell Global Investments Ltd. is the owner of this broker, and the headquarters of the corporation are located in Britain. In other words, BlackWell Global is registered in Wales and England under the number 09241171, and for those who are concerned about a possible BlackWell Global scam – this broker was regulated by the FCA in 2016. A valid license is a significant factor in the Forex world, but there some other issues with this company that are diminishing its overall quality and reputation.
Blackwell Global review: types of accounts
If you decide to read a few other BlackWell Global reviews, you will notice that many experts are critical about the categorization of accounts with this broker company. What this means is that BlackWell uses a confusing system of diversifying the accounts, and they first have two primary groups of accounts, and after that, you can choose a sub-category. The demo account will provide you with 50.000 of “play money” and when it comes to the Live accounts, traders can opt for Individual, Corporate, Joint, or Sub-account.
Blakwell Global Forex broker: trading platform
The software is an essential element of any successful broker company in today’s market, and when it comes to BlackWell Global broker – they are using a standard solution, and you will not see anything new and remarkable at this website. Admittedly, the MT4 platform that they are using is a perfectly fine piece of software, but BlackWell Global fails to utilize the full potential of this trading portal. Besides MT4, they are using an administrative system called Infinitum, and this back-office software is a proprietary package created directly by BlackWell Global.
Bonus features at Blackwell Global broker
BlackWell Global is often criticized for the lack of promotions and bonuses, and our BlackWell Global opinion is highly similar to those that are frequently found on the Internet. This broker offers a 100% Welcome bonus, which comes as soon as you register and deposit up to $100, but the wagering requirement for this trading incentive is ten trades. Of course, all broker companies will set a trading volume on bonuses, but BlackWell Global is not offering top-notch services in this segment of their brokerage operations.
Banking methods are also important when it comes to forming BlackWell Global opinions, and it seems that this broker is sticking to the well-proven formula of using several most prominent payment options. The supported currencies include USD, EUR, and GBP, and people at BlackWell Global are promising “same day processing.” You can transfer the funds by using e-wallets, such as Skrill or Neteller, or you can opt for more conservative and traditional methods, which include bank wire transfer or credit cards.
Blackwell Global review of the customer support
Besides a glossary and a short trading guide, BlackWell Global Forex broker is not offering a lot of educational material, which can be a drawback in the eyes of the newcomers and novice traders. They usually want to have access to a wide selection of videos, e-books, and tutorials, but BlackWell Global is not very “generous” when it comes to this section. Their customer support teams can be reached via live chat, telephone, or e-mail, and their staff is available 24/5.
BlackWell Global is a relatively young broker, and that is why they should be given time to develop their skills and capabilities. However, as you could see from our BlackWell Global FX broker review, this company is not the perfect solution for prospective investors, and we recommend that our readers find a better broker. Luckily, the see of Forex trading is full of bigger fish, and you will have no problems finding an ideal trading provider for your needs and preferences.