B

Blackwell Global

6.6/10
fxcl markets logo

fxcl markets

7.7/10
8/10WinnerRegulation6/10
0/10FeesWinner1/10
9/10PlatformsTied9/10
10/10Education & ResearchTied10/10
4/10Deposits & WithdrawalsWinner10/10
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 was founded in 2010 and is headquartered in Cyprus, while fxcl markets was established in 2006 and is based in Cayman Islands. Blackwell Global holds licences including Financial Conduct Authority (FCA), while fxcl markets is regulated by Financial Services Authority (FSA) number 1637 among others. Blackwell Global serves 10,000+ clients worldwide; fxcl markets has 10,000+. The minimum deposit is $500 at Blackwell Global and $250 at fxcl markets.

fxcl markets wins this category
FeatureBlackwell Globalfxcl markets
Min. Deposit$500$250
RegulationFinancial Conduct Authority (FCA)Financial Services Authority (FSA) number 1637
Founded20102006
CountryCyprusCayman Islands
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Blackwell Global and fxcl markets, directly affecting your bottom line as a trader. fxcl markets has a lower barrier to entry with a minimum deposit of $250 (vs $500 at Blackwell Global). Neither broker charges withdrawal fees. Blackwell Global charges deposit fees; fxcl markets does not. Overall, fxcl markets scores higher on fees in our assessment.

fxcl markets wins this category
FeatureBlackwell Globalfxcl markets
Min. Deposit$500$250
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesYesNo
CFD FeesYesNo

Platforms

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

Tied
FeatureBlackwell Globalfxcl markets
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Mac, Tablet & Mobile appsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, 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 fxcl 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. The two brokers are evenly matched on educational content.

Tied
FeatureBlackwell Globalfxcl markets
Forex EducationYesYes
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesYes

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 fxcl markets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). fxcl markets uniquely supports PayPal and Skrill and Neteller among the two brokers. fxcl markets scores higher on deposit and withdrawal flexibility.

fxcl markets wins this category
FeatureBlackwell Globalfxcl 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 fxcl markets offer live chat support. Both provide phone support. Email support is available at both brokers. Blackwell Global supports 2 languages and fxcl markets supports 8, giving fxcl markets broader global reach. Both brokers are comparable on support quality.

Tied
FeatureBlackwell Globalfxcl markets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic