This Blackwell Global review examines the broker’s regulatory status, platform support, market coverage, and client services. Established in 2010, Blackwell Global is a global forex and CFD provider with multiple international licenses. It offers MetaTrader 4 access, STP execution, and professional-level support across Europe, Asia, and emerging markets.

Regulation and Safety

Blackwell Global is regulated across several jurisdictions, although some entities have ceased operations or limited retail services:

• FCA UK (Blackwell Global Investments UK Ltd) – FRN 687576 (no longer offering retail)
• CySEC (Blackwell Global Investments Cyprus Ltd) – License No. 159/11 (voluntarily suspended in 2021)
• VFSC – Vanuatu Financial Services Commission

The currently active entity for retail clients is typically the offshore VFSC arm. As such, fund safety depends heavily on the jurisdiction chosen. FCA and CySEC branches previously offered:

• Segregated client funds
• ICF/FSCS coverage (no longer available for new accounts)
• Internal risk monitoring and audit processes

Execution Model and Trading Platforms

Blackwell Global offers a Straight-Through Processing (STP) model, ensuring no dealing desk intervention. Available trading platforms include:

• MetaTrader 4 (MT4) – for desktop, web, and mobile
• MetaTrader 5 – available under selected jurisdictions

While MT4 is the default platform, Blackwell Global supports Expert Advisors (EAs), algorithmic trading, and mobile execution. FIX API is not openly promoted but may be available to institutional clients.

Markets and Instruments

Blackwell Global provides access to a modest range of CFDs, including:

• Forex – 30+ currency pairs
• Indices – US30, GER30, UK100
• Commodities – Gold, Silver, WTI
• Cryptocurrencies – BTC/USD, ETH/USD (limited access)
• Stocks – selected US and UK shares (via MT5 only)

The product range is narrower compared to multi-asset brokers, especially outside of forex and indices.

Accounts, Spreads and Leverage

Blackwell Global offers tiered account types depending on jurisdiction and regulation:

• Standard Account: No commissions, spreads from 1.2 pips
• ECN Account: Commissions from $7/lot round turn, spreads from 0.0 pips

Leverage varies by location:

• EU/UK – up to 1:30 (retail), 1:100+ (professional)
• Offshore – up to 1:400

Minimum deposit: $500 (Standard), $1,000 (ECN). Stop-out level is 50%.

Funding and Base Currencies

Clients can fund accounts via secure online methods:

• Bank wire transfer, credit/debit cards
• eWallets – Skrill, Neteller (regional availability)
• Base currencies: USD, EUR, GBP, NZD, SGD

Deposits are processed within 1–2 business days. Withdrawals typically take 2–3 business days. No internal fees, but external charges may apply.

Client Protections and Features

Active entities under FCA or CySEC regulation previously provided strong protections, but current offshore setups may lack:

• Negative balance protection
• Investor compensation schemes
• Client fund segregation (not guaranteed under VFSC)

Account verification, secure portal access, and optional 2FA are available. Some entities provide regular audit reports and internal compliance protocols.

Institutional and Retail Offering

Blackwell Global supports both retail and institutional segments:

• Retail: STP execution, MT4/MT5, high leverage offshore
• Professional: Reduced margin, no ESMA restrictions
• Institutional: Liquidity services, IB/white-label programs, MAM/PAMM

FIX API and prime solutions are selectively available for partners and high-volume clients.

Pros and Cons

Pros

• STP execution with no dealing desk
• Multi-platform access including MT4/MT5
• Institutional-level solutions and partnerships
• Accepts multiple base currencies and eWallets
• Good historical presence in UK and EU markets

Cons

• EU and UK licenses suspended or inactive
• Offshore entities lack strong client protections
• Narrow product range compared to peers
• No proprietary platform or social trading features
• High minimum deposit for ECN accounts

Frequently Asked Questions

Is Blackwell Global regulated?

Blackwell Global was formerly regulated in the UK and Cyprus but now primarily operates under the VFSC in Vanuatu.

What platforms does Blackwell Global offer?

Clients can use MetaTrader 4 and MetaTrader 5 depending on their region and account type.

Does Blackwell Global offer ECN accounts?

Yes, the broker offers ECN accounts with raw spreads and commissions from $7 per round turn lot.

Is Blackwell Global suitable for institutional clients?

Yes, it provides liquidity, white-label, and MAM/PAMM solutions for professional and institutional clients.

What is the minimum deposit requirement?

The minimum deposit is $500 for Standard accounts and $1,000 for ECN accounts.