Score

7.72 /10
Good

Blackwell Global

Bahamas

5-10 years

Regulated in United Kingdom

Market Making(MM)

MT4 Full License

Regional Brokers

New Zealand Financial Service Corporate Revoked

Suspicious Overrun

High potential risk

Offshore Regulated

B

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Comparison

Quantity 17

Exposure

Open Account
Website

Score

Regulatory Index9.09

Business Index7.81

Risk Management Index0.00

Software Index9.92

License Index8.70

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Danger

ID BAPPEBTI
2022-02-02
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Broker Information

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Company Name

Blackwell Global Investments Limited

Company Abbreviation

Blackwell Global

Platform registered country and region

Bahamas

Company website

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Company summary

Pyramid scheme complaint

Expose

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WikiFX Risk Alerts 10
Previous Detection : 2024-12-22
  • The number of the complaints received by WikiFX have reached 13 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The number of this brokers's negative field survey reviews has reached 5. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
Others

They wiped out $25,000 from My Commoditi in two days

The advisor spoke to me on Wednesday, February 23, telling me that we had to save the stock account to deposit at $5,000 more days before, she was asking me and I cannot put money into it because I have not seen my results. I just opened the account the February 14th I gave him a Managed account nothing because on Wednesday he told me to get into the stock one and I accidentally got into the commodities one As I wanted to save the stock one and nothing that left was the Commodity one

2022-02-26 08:20
Scam

Blackwell Global deliberately deducted customer funds and threatens customers with principal

I previously opened a trading account at Blackwell Global, account number: 111548. At that time, when BG was discussing cooperation to open an account, it always claimed that they were doing the activity of depositing bonuses. And the bonus was against losses. I was attracted by the activity to open an account transaction. I deposited $10,000 in funds and they gave me a bonus of $1,500. But in the first transaction, due to a misjudgment, the direction of the transaction was wrong. My principal of 10,000 USD and the bonus of 1,500 USD were all lost and the position was liquidated. I tried to deposit another $10,000 in principal. This time the transaction was judged correctly and I made a profit of $10,844. However, when I withdrew the principal, I found that I had $2292.7 deducted by the platform. I asked the customer service. The customer service said that the bonus for the previous liquidation should be deducted. The platform itself launched the anti-loss bonus, but the customer will make a profit after a liquidation, and the amount of the bonus will be deducted. During the communication, they threatened me. If I disagree, no principal will be given to me. I can only agree. A big platform is just doing such a kind of fraud platform behavior. There is no justification, it is all based on the mood of the founder. I hope to get back the deducted money. I hope the media will help me to speak out, and don’t leave this kind of fraud platform harm people anymore.

2021-07-27 16:46
    Blackwell Global · Company summary
    Blackwell GlobalReview Summary
    Founded2010
    Registered Country/RegionBahamas
    RegulationFCA, SFC, SCB (offshore), BaFin/FSPR (revoked), CySEC (unsubscribed), SERC (exceeded)
    Market InstrumentsForex, indices, oil, precious metals
    Demo Account
    LeverageUp to 1:200
    SpreadFloating from 0.8 pips (Standard account)
    Trading PlatformMT5
    Min Deposit$0
    Customer SupportLive chat
    Request call back
    Contact form
    Social media: Twitter, Facebook, Instagram, and Linkedin
    Address: 201 Church Street, Sandyport, Nassau, NP, the Bahamas
    Regional RestrictionsUnited States, Belgium, New Zealand

    Blackwell Global was registered in 2010 in Bahamas, which mainly focuses on the forex, indices, oil, and precious metals markets. It uses MT5 as its trading platform, with a minimum deposit of $0 and a maximum leverage of 1:200. Moreover, it is regulated by FCA and SFC, and it provides various channels for customer support.

    Blackwell Global's homepage

    Pros and Cons

    Pros Cons
    Long operation timeAbnormal regulatory status of some licenses
    Regulated wellNo Islamic accounts
    Demo accounts availableRegional restrictions
    Multiple account types
    Flexible leverage ratios
    MT5 provided
    No minimum deposit
    Popular payment options

    Is Blackwell Global Legit?

    Regulated AuthorityCurrent StatusRegulated CountryLicense TypeLicense No.
    Financial Conduct Authority (FCA)RegulatedUKMarket Making (MM)687576
    Securities and Futures Commission of Hong Kong (SFC)RegulatedChina (Hong Kong)Dealing in futures contractsBGX460
    The Securities Commission of The Bahamas (SCB)Offshore RegulatedBahamasRetail Forex LicenseSIA-F215
    Federal Financial Supervisory Authority (BaFin)RevokedGermanyRetail Forex License129780
    Financial Service Providers Register (FSPR)RevokedNew ZealandFinancial Service Corporate3061
    Cyprus Securities and Exchange Commission (CySEC)UnsubscribedCyprusStraight Through Processing (STP)159/11
    Securities and Exchange Regulator of Cambodia (SERC)ExceededCambodiaCommom Financial Service License005
    Regulated by FCA
    Regulated by SFC
    Offshore regulated by SCB
    Revoked BaFin license
    Revoked FSPR license
    Unsubscribed CySEC license
    Exceeded SERC license

    WikiFX Field Survey

    WikiFX field survey team visited Blackwell Global's registration address. In Bahamas and the UK, our team did not find its physical office. In Cambodia, we confirmed the existence of the company's physical office, and in Cyprus, we found that its office had been moved away.

    WikiFX Field Survey

    What Can I Trade on Blackwell Global?

    Blackwell Global offers trading services related to the forex, indices, oil, and precious metals markets.

    Tradable Instruments Supported
    Forex
    Indices
    Oil
    Precious Metals
    Stocks
    Cryptos
    Bonds
    Options
    ETFs
    What Can I Trade on Blackwell Global?

    Account Type

    Blackwell Global provides 4 types of accounts, including ECN Account, Standard Account, Premium Account, and TURBO Account. Besides, free demo accounts arealso available.

    Account TypeBase CurrenciesMin DepositMax Leverage
    ECN USD/EUR/GBP$5001:200
    Standard $0
    Premium $5001:100
    TURBO $01:200
    Account comparison

    Leverage

    The leverage can be up to 1:200, and it depends on the types of accounts. Customers need to consider carefully before investing, because high leverage is likely to bring high potential risks.

    Blackwell Global Fees

    Account TypeSpreadCommission
    ECN Floating from 0.0 pips$4.5/lot per side
    Standard Floating from 0.8 pips
    Premium Floating from 0.2 pips
    TURBO Floating from 0.0 pips$2.5/lot per side

    Trading Platform

    Blackwell Global uses MT5 as its trading platform.

    Trading PlatformSupported Available Devices Suitable for
    MT4/Beginners
    MT5Web, desktop, mobileExperienced traders
    MT5

    Deposit and Withdrawal

    Blackwell Global supports several types of payment options, including Credit/Debit Card, Bank Transfer, Skrill, and Neteller.

    Payment Options Accepted CurrenciesProcessing Time
    Credit/Debit CardUSD, EUR, GBPInstant
    Bank TransferUSD, EUR, GBP, HKD, SGD, AUD1-5 business days
    SkrillUSD, EUR, GBPInstant
    NetellerUSD, EUR, GBP, HKD, AUD
    Deposit and Withdrawal

    News

    News1 Minute to Know Blackwell Global Before Trading

    Blackwell Global Investments Ltd was established in 2010 in London to offer high quality brokerage trading and solutions for private individual traders and institutional investment companies on global forex markets.

    WikiFX
    2022-05-12 16:49
    1 Minute to Know Blackwell Global Before Trading

    User Reviews

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    User comment

    14

    Comments

    Write a review

    Tinye
    more than one year
    Blackwell Global is awesome! They've got a ton of different things to trade and the minimum deposit is really reasonable. Perfect for traders who want to try out a bunch of stuff without breaking the bank.
    Blackwell Global is awesome! They've got a ton of different things to trade and the minimum deposit is really reasonable. Perfect for traders who want to try out a bunch of stuff without breaking the bank.
    Translate to English
    2024-07-29 18:17
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    Su Heo
    more than one year
    No broker will be better than this one! Thanks for giving me such a happy trading experience for the past several months. ❤
    No broker will be better than this one! Thanks for giving me such a happy trading experience for the past several months. ❤
    Translate to English
    2024-07-16 17:55
    Reply
    0
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    17