B

Blackwell Global investments

6.2/10

XM

7.6/10
6/10RegulationWinner9/10
0/10FeesWinner10/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research6/10
4/10Deposits & WithdrawalsWinner6/10
10/10SupportTied10/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

Blackwell Global investments was founded in 2004 and is headquartered in United States, while XM was established in 2009 and is based in Cyprus. Blackwell Global investments holds licences including Unregulated, while XM is regulated by International Financial Services Commission(IFSC) among others. Blackwell Global investments serves 10,000+ clients worldwide; XM has 3,500,000+. The minimum deposit is $10000 at Blackwell Global investments and $5 at XM.

XM wins this category
FeatureBlackwell Global investmentsXM
Min. Deposit$10000$5
RegulationUnregulatedInternational Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC)
Founded20042009
CountryUnited StatesCyprus
Clients10,000+3,500,000+

Fees

Fees are a critical factor when choosing between Blackwell Global investments and XM, directly affecting your bottom line as a trader. Blackwell Global investments has a lower barrier to entry with a minimum deposit of $10000 (vs $5 at XM). Blackwell Global investments charges withdrawal fees while XM does not, a notable advantage for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, XM scores higher on fees in our assessment.

XM wins this category
FeatureBlackwell Global investmentsXM
Min. Deposit$10000$5
Withdrawal FeesYesNo
Inactivity FeesYesYes
Deposit FeesNoNo
CFD FeesNoNo

Platforms

Blackwell Global investments offers MT4, MT5, cTrader, while XM supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. XM supports social and copy trading features, which Blackwell Global investments does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureBlackwell Global investmentsXM
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsBlackwell Trader MT4, MobileMT4, MT5, Mac, Web Trader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Blackwell Global investments and XM compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. Blackwell Global investments scores higher overall in education and research.

Blackwell Global investments wins this category
FeatureBlackwell Global investmentsXM
Forex EducationYesNo
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Blackwell Global investments accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while XM supports 3 (bank transfer, credit/debit card, Neteller). XM uniquely supports Neteller among the two brokers. XM scores higher on deposit and withdrawal flexibility.

XM wins this category
FeatureBlackwell Global investmentsXM
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Blackwell Global investments and XM offer live chat support. Both provide phone support. Email support is available at both brokers. Blackwell Global investments supports 2 languages and XM supports 20, giving XM broader global reach. Both brokers are comparable on support quality.

Tied
FeatureBlackwell Global investmentsXM
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseArabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish