CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Established in 2010, Blackwell Global is a brokerage focused on Forex, CFDs and precious metals. The operation has a presence in no fewer than 90 countries and it maintains offices in 4 separately regulated jurisdictions: the UK, Australia, New Zealand and Cyprus. The UK branch of the broker is licensed by the FCA and its customers are protected by the FSCS (Financial Services Compensation Scheme). In accordance with the regulatory requirements, Blackwell Global keep all their clients' funds in segregated accounts, monitored by the FCA.
Above and beyond fulfilling their regulatory requirements, Blackwell Global are one of the best capitalized online brokerages.
Why should you trade with Blackwell Global then? The advantages are numerous. Their STP (Straight Through Processing) system makes sure that trade execution is near-instant and that slippage is indeed very rare.
The trading conditions on the whole are superb. The spreads are tight and pricing is fair, thanks to their real-time executable streaming quotes and real market order execution. Slippage is reduced through predefined banding price aggregation and thus risk is more effectively managed.
The platform selection caters for a wide range of trader-types. Recreational traders on the go, those juggling several accounts and those looking to trade on a professional level, are all covered in this regard.
Demo trading accounts are available with 50k in virtual funds.
The "main" Blackwell Global trading platform is their MT4 trading platform, which can be downloaded from the site for free, together with a comprehensive guide which covers installation as well as use. Included with the MT4 platform is an advanced charting package, which contains no fewer than 30 technical indicators traders can put to work on their analysis. Expert Advisors are also included.
The Mobile MT4 platform is designed for those on the go. It carries all the perks of the full MT4 platform, with the added benefit of mobility. As such, it gives traders access to no fewer than 60 currency pairs, spot gold and silver, as well as an impressive selection of CFDs. Positions, pending orders, balances and free equity can all be tracked easily through the mobile MT4 apps. Android and iOS variants of it are available for download at the Blackwell Global website, together with instructions.
The Infinitum platform is Blackwell Global's own, in-house creation, designed as a personal administrative system. Its goal is to reduce traders' administrative workloads, and thus to keep their focus on the actual trading. Through this back-office system, traders gain easy access to trading history, client statistics, commissions as well as rebates. Infinitum is available during non-trading hours too.Open a risk free demo account at Blackwell Global >>
Three account types are available at Blackwell Global. The most basic trading account requires a minimum deposit of $500, and it features a maximum leverage of 1:400. This account type suits beginners and recreational traders best.
Experienced retail traders will find the next account type more interesting. While it requires a minimum deposit of $10,000, this account type comes with a maximum leverage of 1:200.
Professional traders can opt to deposit more than $100,000. In this case, their maximum leverage will be 1:100.
All above described accounts feature floating spread and they all accommodate Islamic-type rules for those whose religious affiliation calls for it.
There's a great deal of focus on education at Blackwell Global. Informed and educated traders are successful and loyal. To this end, the site features a Research section, which offers technical and fundamental analysis on a daily basis, accompanied by opinion articles, economic news and a selection of trading tools. The Academy section of the site also offers complete guides covering the basics of Forex, CFDs and analysis.
Blackwell Global support can be reached through a selection of department-specific email addresses, an email form, a live chat feature, as well as a UK phone number.Visit Blackwell Global