The expansion of Forex industry and market resulted in the development of companies which are going to provide service to the clients who are eager to earn money quickly and from the comfort of their homes. It is critical to know which companies deserve your attention and funds as well. The market is already unstable with the currency values going up and down every day. Further insecurity is created by the companies which are trying to work as unregulated businesses. There are many firms that have committed frauds and diversions, making clients to invest their money and never allowing them the option to withdraw it. Therefore, if you are not willing to take the risk then educate yourself on the key elements of the market, or not invest your funds at all. On the other hand, if you are eager to try currency trading, make sure never to invest the money you cannot allow yourself to lose, and be confident that the company which you pick for your brokers is regulated by law. Blackwell Trader, also named Blackwell Global is a reliable and regulated STP broker who operates in many countries around the world. They are offering the easy trade in currency pairs, as well as CFDs and precious metals with popular and modern MT4 trading platform.
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Background and Regulation
Blackwell Trader or Blackwell Global is an award-winning global broker who has been around since 2010. It gathers clients from over 30 countries, and it is still expanding. They have eight offices by now which are located in Limassol, Auckland, Beijing, Hong Kong, Lagos, Melbourne, London, Shanghai, and Singapore, as well as an international network of clients and partners through the platforms. As it is already mentioned, the company was founded in 2010, and it offers brokerage solutions for both private and institutional clients. Blackwell Global company is a straight through processing (“STP”) brokerage which provides excellent liquidity, as well as price, feeds from the greatest international banks. The most important thing is that the company is regulated by ASIC, CySEC, and FCA. Blackwell Global is originally situated in Limassol, Cyprus and regulated by CySECF Forex brokerage. It allows the company to have a strong influence on Forex market in Europe, Middle East and Africa (EMEA).
Blackwell Trader Trading Platforms
Blackwell MetaTrader 4, Mobile Trading platform and Web Trader. Blackwell Global or Blackwell Trader provides the most popular trading platform which many other companies use – MetaTrader 4. Most traders prefer this platform because it is equipped with an advanced charting package, a significant number of different technical indicators, as well as great back-testing environment and Expert Advisors (EA). There is also Mobile Trading as well as Web Trader platforms available. Also, the broker announced the possibility of introducing the internet version of MT4 on their website.
Blackwell Trader Account Types
There are two options for clients to join Blackwell Trader. They can open either Live or Demo account. Live account is for those who are already certain they are going to be a part of this market. On the other hand, Demo is a 30-day account which lets you find out something more. However, there are three account types which depend on the trading needs you have. Those are:
- Joint, or Sub-account
The minimum initial deposit amount for Blackwell Global’s clients is $2000. Comparing to the other currency trading companies, like FXPro, this is significantly high initial deposit amount.
For all those who are interested in certain bonuses or promotions, there is bad news. Blackwell Trader does not hold any bonus policies. It can be a major setback for some clients who want to open the account on their website since many clients prefer the companies which offer these kinds of promotions.
Payment options available for Blackwell Global’s customers are Debit or Credit Cards, both Visa and MasterCard, E- wallet payment methods like Neteller, Skrill as well as Bank transfers with Bankwire. Unfortunately, the most popular and most spread e-payment system PayPal is not available. It is also important that all the e-payment ways are secure and regulated as well. Therefore, Neteller is regulated by the Financial Conduct Authority of the UK with reference number 900015, and Skrill is also regulated by the FCA of the UK with 214225 reference number. Withdrawals are very simple, and they are, usually, processed within a day.
It is an important thing that the broker companies have customer service which is efficient and ready to provide 24-hour technical support. Clients have the need to feel safe in this kind of business, and they need to know if something goes wrong that there is a particular safety net which is going to help them find the way to land safely. Blackwell Global is aware of risks that clients can take, and as a result, they provide 24-hour support.