Blackwell Global

Blackwell Global Review: Regulation, Fees and Broker Analysis

Unclaimed profile

Blackwell Global is an established international multi-asset brokerage founded in 2010.

Best forTier-1 RegulationFCA RegulatedRaw ECN Spreads

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78

/ 100

BrokerBazaar Score

Good

Evidence-based, 0–100

Data confidence 60%

$100 ($100 / £100 / €100 baseline initial deposit on Standard and Turbo accounts; $500 on ECN accounts; higher customized tiers for institutional Prime/FIX API connectivity)

Min Deposit

0.0 pips

Spreads From (indicative)

1:400

Max Retail Leverage

None (standard) · $0 (raw)

Commission

Group-level figures · Full cost schedule

Researched by
BB Team
Reviewed by
BB Team
Last verified
12 Oct 2026
Next review due
10 Jan 2027

How we tested this broker·Meet the review team

Section 01

About

About Blackwell Global

Company Provided

Established in 2010, Blackwell Global is an international multi-asset financial services group and retail/institutional brokerage. Authorized and regulated by the UK Financial Conduct Authority (FCA FRN: 687576 via Blackwell Global Investments (UK) Limited), the Securities Commission of The Bahamas (SCB Licence No. SIA-F215 via Blackwell Global Investments Limited), and the Securities and Exchange Regulator of Cambodia (SERC Licence No. 005), the group delivers straight-through processing (STP) and ECN market execution across spot forex pairs, precious metals, energy commodities, equity indices, and cryptocurrency derivatives via MetaTrader 4 (MT4), MT4 WebTrader, and institutional FIX API liquidity bridges.

Since 2010 London, United Kingdom 5 regulators listed

Expert Verdict

Blackwell Global is an established international multi-asset brokerage founded in 2010. Supervised in the United Kingdom by the Tier-1 Financial Conduct Authority (FCA FRN: 687576) alongside international operations authorized by the Securities Commission of The Bahamas (SCB SIA-F215), it delivers raw spreads from 0.0 pips and straight-through ECN market execution on MetaTrader 4. With client money segregated in Tier-1 banks and FSCS compensation protection (£85,000) for UK clients, counterparty insolvency risk is low-to-moderate.

Pros

  • Tier-1 regulatory supervision in the United Kingdom from the Financial Conduct Authority (FCA FRN: 687576)
  • Eligible UK retail clients benefit from statutory Financial Services Compensation Scheme (FSCS) protection up to £85,000
  • True ECN execution architecture delivering raw interbank spreads starting from 0.0 pips on major currency pairs
  • Proprietary "Infinitum" back-office management portal offering advanced analytical and operational reporting
  • Full support for algorithmic trading with Expert Advisors (EAs), scalping, and institutional FIX API integration

Cons

  • Retail leverage under the UK FCA entity is capped at 1:30 in compliance with statutory CFD margin rules
  • International retail accounts operating under Bahamas (SCB) lack statutory government compensation protection
  • Platform selection is concentrated strictly around MetaTrader 4 without native support for MetaTrader 5 or cTrader
  • ECN account round-turn commission can range up to $9.00 per lot depending on volume tiers and partner setup
  • Retail services are strictly unavailable to residents of the United States and Canada

BrokerBazaar Overview

Independent

Founded in 2010, Blackwell Global has established an operational presence across Europe, the Americas, and the Asia-Pacific region. The group's primary European entity, Blackwell Global Investments (UK) Limited, has been authorized and regulated by the UK Financial Conduct Authority (FCA FRN: 687576) since 2016, operating out of the City of London. To service international retail and institutional demand requiring higher leverage outside the UK, the brokerage operates Blackwell Global Investments Limited, regulated by the Securities Commission of The Bahamas (SCB License No. SIA-F215), alongside regional licensing from the Securities and Exchange Regulator of Cambodia (SERC).

Blackwell Global structures its execution model around Straight-Through Processing (STP) and Electronic Communication Network (ECN) architecture, routing orders directly to institutional bank and non-bank liquidity providers. The broker deploys MetaTrader 4 (MT4) across desktop, web, and mobile environments, supported by its proprietary "Infinitum" back-office portal, which gives active traders and institutional partners real-time reporting, analytical trade monitoring, and account management tools. The brokerage provides a commission-free Standard account (spreads from 1.2 pips) alongside a flagship ECN account offering raw interbank spreads from 0.0 pips. Maximum leverage reaches 1:400 on international accounts, while UK retail accounts remain subject to the statutory 1:30 leverage ceiling.

From an investor safety and counterparty risk standpoint, Blackwell Global adheres to standard capital preservation mandates. In strict compliance with regulatory rules, client deposits are held in segregated trust accounts with Tier-1 commercial banking institutions, completely insulated from operational corporate balance sheets. Eligible retail clients under the UK entity benefit from mandatory negative balance protection and coverage under the Financial Services Compensation Scheme (FSCS) up to £85,000 per person in the event of default. While international accounts contracted in the Bahamas operate without statutory deposit insurance, overall counterparty default risk is evaluated as low-to-moderate.

Key Features

Regulated Broker
MetaTrader Platforms
Blackwell Global

Blackwell Global

Regulated Broker

Min Deposit$100 ($100 / £100 / €100 baseline initial deposit on Standard and Turbo accounts; $500 on ECN accounts; higher customized tiers for institutional Prime/FIX API connectivity)
Max Retail Leverage1:400
Spreads (indicative)0.0 pips

External website · BrokerBazaar does not receive a trading commission from this link.

6

Platforms

2010

Est. Since

6

Account Types

10+

Countries

Regulated By

FCA UK
SCB Bahamas
SERC Cambodia
FSCS
CASS

Licence check: Not independently checked

Live Spreads

Not available

No live spread data from a named account is available for this broker. Figures are published only with the account type and capture time.

Independent report by BrokerBazaar Research TeamHow we rate brokers

Blackwell Global broker analysis: regulation, fees, withdrawals and risks

Independent broker profile covering verified entities, regulation, costs, platforms, withdrawals, risks and user feedback. BrokerBazaar is not Blackwell Global and does not operate any brokerage.

Profile ownership

Not claimed by broker

No representative of Blackwell Global manages this page. This says nothing about its licence, and the score and regulation data are the same whether or not a profile is claimed.

Information source

Submitted by broker or compiled from public pages

Details have been recorded but not yet independently checked by BrokerBazaar.

Licence check

Not independently checked

Confirm the licence on the regulator's public register before opening an account.

Editorial review

Reviewed 27 Oct 2026

Date the BrokerBazaar research team last regenerated this analysis from the stored record.

Legal entity

Blackwell Global Investments (UK) Limited; Blackwell Global Investments Limited (Bahamas)

Founded

2010

Headquarters

London, United Kingdom

Regulators

FCA UK, SCB Bahamas, SERC Cambodia, FSCS, CASS

Minimum deposit

$100 ($100 / £100 / €100 baseline initial deposit on Standard and Turbo accounts; $500 on ECN accounts; higher customized tiers for institutional Prime/FIX API connectivity)

Spreads from

0.0 pips

Commission

None (standard) · $0 (raw)

Max leverage

1:400

Platforms

MetaTrader 4 (MT4 Desktop, Mac, Web, Mobile), Blackwell Infinitum Portal, FIX API

Account types

Standard Account, ECN Account, Turbo Account, Islamic Swap-Free Account, Institutional / Professional Account, Demo Account

Blackwell Global regulation and licence table

Each row is one legal entity. Verify the licence on the official register; a company registration is not a brokerage licence.

EntityRegulatorLicenceAuthorised activityRegionLicence check
Blackwell Global Investments (UK) LimitedFinancial Conduct Authority (FCA)FRN 687576Official register Execution / dealing (forex & CFDs) · Authorised Investment Firm · Retail clientsUnited KingdomNot independently checked
Blackwell Global Investments LimitedSecurities Commission of The Bahamas (SCB)SIA-F215Official register Execution / dealing (forex & CFDs) · Securities Broker / Dealing in Securities as Principal and Agent · Retail clientsBahamasNot independently checked
Blackwell Global (Cambodia) Co., Ltd.(Securities and Exchange Regulator of Cambodia, formerly SECC)005Official register Central Counterparty & Derivatives Broker Licence · Retail clientsCambodiaNot independently checked

Blackwell Global at a glance

Established in 2010, Blackwell Global is an international multi-asset financial services group and retail/institutional brokerage. Authorized and regulated by the UK Financial Conduct Authority (FCA FRN: 687576 via Blackwell Global Investments (UK) Limited), the Securities Commission of The Bahamas (SCB Licence No. SIA-F215 via Blackwell Global Investments Limited), and the Securities and Exchange Regulator of Cambodia (SERC Licence No. 005), the group delivers straight-through processing (STP) and ECN market execution across spot forex pairs, precious metals, energy commodities, equity indices, and cryptocurrency derivatives via MetaTrader 4 (MT4), MT4 WebTrader, and institutional FIX API liquidity bridges.

Blackwell Global reports a founding year of 2010 and a head office in London, United Kingdom. It lists 5 regulators and 6 trading platforms.

BrokerBazaar verdict

Blackwell Global is an established international multi-asset brokerage founded in 2010. Supervised in the United Kingdom by the Tier-1 Financial Conduct Authority (FCA FRN: 687576) alongside international operations authorized by the Securities Commission of The Bahamas (SCB SIA-F215), it delivers raw spreads from 0.0 pips and straight-through ECN market execution on MetaTrader 4. With client money segregated in Tier-1 banks and FSCS compensation protection (£85,000) for UK clients, counterparty insolvency risk is low-to-moderate.

Legal entities, regulation and licences

Blackwell Global operates through 3 legal entities, each supervised separately. Your account is with one specific entity, so the protections you receive depend on which one onboards you, not on the group's strongest licence. Overall, the group is supervised by no regulator we could map to a public register.

Licence check: Not independently checked. This broker has submitted its details. BrokerBazaar has not yet independently checked them. A company registration or general business licence is not permission to offer regulated brokerage services; only the register entries linked in the table count.

Countries accepted and restricted

Blackwell Global states that it accepts clients from United Kingdom, InternationUnited Kingdom and international jurisdictions across Asia-Pacific, Latin America, Middle East, and Africa (Strictly excluding the United States, Canada, Japan, North Korea, Iran, and sanctioned jurisdictions)al. Availability is decided per entity and can change without notice; residents of jurisdictions such as the USA, and often the EU and UK, are frequently excluded from offshore entities.

Trading products, platforms and account types

Instruments: Forex Pairs (50+ currency pairs), Precious Metals (Gold, Silver), Energy Commodities (Crude Oil), Equity Index CFDs, Cryptocurrency CFDs. Platforms: MetaTrader 4 (MT4 Desktop, Mac, Web, Mobile), Blackwell Infinitum Portal, FIX API. Account types: Standard Account, ECN Account, Turbo Account, Islamic Swap-Free Account, Institutional / Professional Account, Demo Account.

Best-for tags assigned by our team: Tier-1 Regulation, FCA Regulated, Raw ECN Spreads, MetaTrader 4, Infinitum Portal, Institutional Liquidity, FIX API, Scalping, Algorithmic EA Trading.

Minimum deposit, spreads, commissions and other charges

The minimum deposit is $100 ($100 / £100 / €100 baseline initial deposit on Standard and Turbo accounts; $500 on ECN accounts; higher customized tiers for institutional Prime/FIX API connectivity). Spreads start from 0.0 pips and commission is None (standard) · $0 (raw). Maximum leverage is 1:400 (dynamic), subject to the cap of the entity that holds your account.

Swap-free / Islamic account: available (yes). Swap type: not specified. Headline spreads are usually quoted for the most expensive account tier's cheapest instrument; compare total cost for your typical trade.

Deposits and withdrawals

Deposit methods: Bank Wire Transfer (GBP, EUR, USD), Credit / Debit Card (Visa / Mastercard), Neteller, Skrill, Cryptocurrencies (via offshore portal). Withdrawal methods: Bank Wire Transfer, Credit / Debit Card, Neteller, Skrill.

Withdrawal speed and fees are set by the entity and payment provider. Withdrawal delays are the most common complaint category on BrokerBazaar across all brokers; keep identity documents current and withdraw to the same method you deposited with where required by anti-money-laundering rules.

Execution model, negative balance protection and client money

Negative balance protection: Yes. Scalping allowed: Yes. Algorithmic trading allowed: Yes. News trading allowed: Yes. Hedging: hedging. These conditions were compiled from public information and have not yet been confirmed by the broker.

Client-money rules follow the regulator of the entity that holds your account. Check that regulator's rules on its register.

Complaints and dispute process

Formal complaints: compliance@blackwellglobal.com (UK: compliance@blackwellglobal.co.uk). Phone: +44 20 3769 9881. Customer complaints are formally processed by the Legal and Compliance Department of Blackwell Global Investments (UK) Limited at Token House, Tokenhouse Yard, London (or Blackwell Global Investments Limited in Nassau, Bahamas). For UK retail clients, complaints that cannot be resolved internally within statutory timeframes (8 weeks) can be referred free of charge to the Financial Ombudsman Service (FOS) in the United Kingdom. In strict adherence to regulatory segregation standards, client funds are held in segregated trust accounts with Tier-1 banking partners (such as Barclays), ring-fenced from corporate operating liabilities. Eligible UK retail clients are covered by the Financial Services Compensation Scheme (FSCS), which covers qualifying investment claims up to £85,000 per person in the event of firm default. International accounts operating under the Bahamas SCB entity or Cambodia SERC do not benefit from UK FSCS compensation coverage.

If the broker does not resolve a complaint, escalate to the ombudsman or regulator of the entity that holds your account. BrokerBazaar's Dispute Support Desk can help you document and escalate a case.

Strengths and limitations

  • Strength: Tier-1 regulatory supervision in the United Kingdom from the Financial Conduct Authority (FCA FRN: 687576)
  • Strength: Eligible UK retail clients benefit from statutory Financial Services Compensation Scheme (FSCS) protection up to £85,000
  • Strength: True ECN execution architecture delivering raw interbank spreads starting from 0.0 pips on major currency pairs
  • Strength: Proprietary "Infinitum" back-office management portal offering advanced analytical and operational reporting
  • Strength: Full support for algorithmic trading with Expert Advisors (EAs), scalping, and institutional FIX API integration
  • Limitation: Retail leverage under the UK FCA entity is capped at 1:30 in compliance with statutory CFD margin rules
  • Limitation: International retail accounts operating under Bahamas (SCB) lack statutory government compensation protection
  • Limitation: Platform selection is concentrated strictly around MetaTrader 4 without native support for MetaTrader 5 or cTrader
  • Limitation: ECN account round-turn commission can range up to $9.00 per lot depending on volume tiers and partner setup
  • Limitation: Retail services are strictly unavailable to residents of the United States and Canada

Who this broker suits, and who it does not

Blackwell Global is most relevant to traders looking for: Tier-1 Regulation, FCA Regulated, Raw ECN Spreads, MetaTrader 4, Infinitum Portal, Institutional Liquidity, FIX API, Scalping, Algorithmic EA Trading.

It is less suitable for anyone who needs a strict-tier regulator in their own country of residence, for residents of restricted jurisdictions, and for beginners who have not yet understood leverage and margin. Nothing on this page is personal financial advice.

Blackwell Global change history

Every published fact change, with the previous value and the date it took effect. Each entry says whether the broker made the change itself or our editors checked it against an official source. Regulation and licence claims are always checked by an editor.

No fact changes recorded for Blackwell Global yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.

Frequently asked questions about Blackwell Global

Data sources. Broker submission, the regulator registers linked above, blackwellglobal.co.uk legal documentation; SCB registered firms list (31 Dec 2024), web-archive and domain records, and third-party traffic data. Last register check 2026-10-12. External ratings: Trustpilot 3.8/5; FastBull 6.8/10.

Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We may receive a referral fee if you open an account with Blackwell Global through our links; this never affects scores or verification. How we make money. Trading leveraged products carries a high risk of loss.

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