B

Blackwell Global

6.6/10
FP Markets logo

FP Markets

8.5/10
8/10RegulationWinner9/10
0/10FeesWinner6/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research6/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Blackwell Global was founded in 2010 and is headquartered in Cyprus, while FP Markets was established in 2005 and is based in Australia. Blackwell Global holds licences including Financial Conduct Authority (FCA), while FP Markets is regulated by Australian Securities and Investment Commission (ASIC) among others. Blackwell Global serves 10,000+ clients worldwide; FP Markets has 10,000+. The minimum deposit is $500 at Blackwell Global and $100 at FP Markets.

FP Markets wins this category
FeatureBlackwell GlobalFP Markets
Min. Deposit$500$100
RegulationFinancial Conduct Authority (FCA)Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)
Founded20102005
CountryCyprusAustralia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Blackwell Global and FP Markets, directly affecting your bottom line as a trader. FP Markets has a lower barrier to entry with a minimum deposit of $100 (vs $500 at Blackwell Global). Neither broker charges withdrawal fees. Blackwell Global charges deposit fees; FP Markets does not. Overall, FP Markets scores higher on fees in our assessment.

FP Markets wins this category
FeatureBlackwell GlobalFP Markets
Min. Deposit$500$100
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesYesYes
CFD FeesYesYes

Platforms

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

Tied
FeatureBlackwell GlobalFP Markets
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Mac, Tablet & Mobile appsMT4, MT5, IRESS, 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 and FP Markets 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 scores higher overall in education and research.

Blackwell Global wins this category
FeatureBlackwell GlobalFP Markets
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 accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while FP Markets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). FP Markets uniquely supports PayPal and Skrill and Neteller among the two brokers. FP Markets scores higher on deposit and withdrawal flexibility.

FP Markets wins this category
FeatureBlackwell GlobalFP Markets
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
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 and FP Markets offer live chat support. Both provide phone support. Email support is available at both brokers. Blackwell Global offers multilingual support. Both brokers are comparable on support quality.

Tied
FeatureBlackwell GlobalFP Markets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseNot available