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Score

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/10
The WikiFX Score of this broker is reduced because of too many complaints!

Blackwell Global

Bahamas|5-10 years|
Market Making(MM)|MT4 Full License|Regional Brokers|New Zealand Financial Service Corporate Revoked|Suspicious Overrun|High potential risk|Offshore Regulated|

https://www.blackwellglobal.com/

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

BlackwellGlobal1-Live5

United States
MT4
49

Influence

B

Influence index NO.1

India 5.00
The WikiFX Score of this broker is reduced because of too many complaints!

MT4/5 Identification

MT4/5 Identification

Full License

49
Server Name
BlackwellGlobal1-Live5 MT4
Server Location United States

Influence

Influence

B

Influence index NO.1

India 5.00

Surpassed 77.20% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

https://www.blackwellglobal.com/
201 Church Street, Sandyport, P.O. Box N-3406, Nassau, NP, The Bahamas
https://www.facebook.com/BlackwellGlobal/
https://twitter.com/BlackwellGlobal

Licenses

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

Single Core

1G

40G

Open Now

Disclosure

Danger

ID BAPPEBTI
2022-02-02

Contact number

Other ways of contact

Broker Information

More

Check whenever you want

Download App for complete information

WikiFX Risk Alerts 10
Previous Detection : 2024-12-04
  • 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!
  • CyprusCYSEC (license number: 159/11) The regulatory status is abnormal, the official regulatory status is Unsubscribed. Please be aware of the risk!
  • New ZealandFSPR (license number: 3061) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!
  • GermanyBaFin (license number: 129780) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!
  • This broker exceeds the business scope regulated by China Hong Kong SFC(license number: BGX296)SFC-Dealing in securities Non-Forex License. Please be aware of the risk!
  • This broker exceeds the business scope regulated by China Hong Kong SFC(license number: BJU094)SFC-Advising on futures contracts Non-Forex License. Please be aware of the risk!
  • This broker exceeds the business scope regulated by Cambodia SERC(license number: 005)SECC Common Financial License Non-Forex License. Please be aware of the risk!
  • This broker exceeds the business scope regulated by New Zealand FSPR(license number: 3061)Financial Service Providers Register Non-Forex License. Please be aware of the risk!
  • The Bahamas SCB regulation with license number: SIA-F215 is an offshore regulation. Please be aware of the risk!
A Visit to Blackwell Global in the Bahamas -- No Office Found

A Visit to Blackwell Global in the Bahamas -- No Office Found

The investigators went to the Bahamas to visit the foreign exchange dealer Blackwell Global as planned, but did not find the dealer's office at its publicly displayed business address. The dealer may have just registered a company at this address without a real business venue. Please choose this dealer carefully.

Danger Blackwell Global  Bahamas
A Visit to Blackwell Global in UK -- Finding No Office

A Visit to Blackwell Global in UK -- Finding No Office

The survey team went to London, UK, to visit the the dealer Blackwell Global and found no office at its business address. It was supposed that the dealer might just use that address to register its company, or there was no offline exhibition place. Please be prudent when trading with this broker.

Danger Blackwell Global  United Kingdom
A Visit to Blackwell Global in UK -- Finding No Office

A Visit to Blackwell Global in UK -- Finding No Office

The survey team went to London, UK, to visit the the dealer Blackwell Global and found no office at its business address. It was supposed that the dealer might just use that address to register its company, or there was no offline exhibition place. Please be prudent when trading with this broker.

Danger Blackwell Global  United Kingdom
A Visit to Blackwell Global in UK -- Finding No Office

A Visit to Blackwell Global in UK -- Finding No Office

The investigators went to London, UK to visit the foreign exchange dealer Blackwell Global as planned. They did not find the dealer’s office on the publicly displayed address, and the dealer simply registered the company at that address without real business premises. Investors are requested to choose the dealer carefully.

Danger Blackwell Global  United Kingdom
A Visit to Blackwell Global in Cambodia -- Office Confirmed Existed

A Visit to Blackwell Global in Cambodia -- Office Confirmed Existed

The investigators went to visit the dealer Blackwell Global in Cambodia as planned. The dealer’s logo can be found on the publicly displayed address, indicating that the dealer has a real business place. Unfortunately, the investigators failed to enter the company for further visit, so the specific scale of the business remains unknown. Investors are asked to make a sensible choice after careful c

Good Blackwell Global  Cambodia
A Visit to Blackwell Global in Cyprus: Office Moved away

A Visit to Blackwell Global in Cyprus: Office Moved away

The inspection team’s site visit confirms that the office of Blackwell Global in Limassol, Cyprus had moved away. This session of Field Survey is presented as above.

Danger Blackwell Global  Cyprus
A Visit to Blackwell Global in the Bahamas -- No Office Found

A Visit to Blackwell Global in the Bahamas -- No Office Found

The investigators went to the Bahamas to visit the foreign exchange dealer Blackwell Global as planned, but did not find the dealer's office at its publicly displayed business address. The dealer may have just registered a company at this address without a real business venue. Please choose this dealer carefully.

Danger Blackwell Global  Bahamas
A Visit to Blackwell Global in UK -- Finding No Office

A Visit to Blackwell Global in UK -- Finding No Office

The survey team went to London, UK, to visit the the dealer Blackwell Global and found no office at its business address. It was supposed that the dealer might just use that address to register its company, or there was no offline exhibition place. Please be prudent when trading with this broker.

Danger Blackwell Global  United Kingdom
A Visit to Blackwell Global in UK -- Finding No Office

A Visit to Blackwell Global in UK -- Finding No Office

The survey team went to London, UK, to visit the the dealer Blackwell Global and found no office at its business address. It was supposed that the dealer might just use that address to register its company, or there was no offline exhibition place. Please be prudent when trading with this broker.

Danger Blackwell Global  United Kingdom
A Visit to Blackwell Global in UK -- Finding No Office

A Visit to Blackwell Global in UK -- Finding No Office

The investigators went to London, UK to visit the foreign exchange dealer Blackwell Global as planned. They did not find the dealer’s office on the publicly displayed address, and the dealer simply registered the company at that address without real business premises. Investors are requested to choose the dealer carefully.

Danger Blackwell Global  United Kingdom
A Visit to Blackwell Global in Cambodia -- Office Confirmed Existed

A Visit to Blackwell Global in Cambodia -- Office Confirmed Existed

The investigators went to visit the dealer Blackwell Global in Cambodia as planned. The dealer’s logo can be found on the publicly displayed address, indicating that the dealer has a real business place. Unfortunately, the investigators failed to enter the company for further visit, so the specific scale of the business remains unknown. Investors are asked to make a sensible choice after careful c

Good Blackwell Global  Cambodia
A Visit to Blackwell Global in Cyprus: Office Moved away

A Visit to Blackwell Global in Cyprus: Office Moved away

The inspection team’s site visit confirms that the office of Blackwell Global in Limassol, Cyprus had moved away. This session of Field Survey is presented as above.

Danger Blackwell Global  Cyprus

WikiFX Verification

Blackwell Global · WikiFX Survey
Danger A Visit to Blackwell Global in the Bahamas -- No Office Found
Bahamas

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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

1 Minute to Know Blackwell Global Before Trading

News1 Minute to Know Blackwell Global Before Trading

2022-05-12 16:49

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
News
1 Minute to Know Blackwell Global Before Trading

Review 26

26 Comments
Write a comment
All(26) Latest Positive(7) Neutral(2) Exposure(17)
Exposure
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.
鬼厉
2021-07-27
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United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
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