B

Blackwell Global

6.6/10

FXNet

7.9/10
8/10WinnerRegulation7/10
0/10FeesWinner10/10
9/10PlatformsTied9/10
10/10Education & ResearchTied10/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Blackwell Global was founded in 2010 and is headquartered in Cyprus, while FXNet was established in 2012 and is based in Cyprus. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Blackwell Global serves 10,000+ clients worldwide; FXNet has 10,000+. The minimum deposit is $500 at Blackwell Global and $50 at FXNet.

FXNet wins this category
FeatureBlackwell GlobalFXNet
Min. Deposit$500$50
RegulationFinancial Conduct Authority (FCA)Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
Founded20102012
CountryCyprusCyprus
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Blackwell Global and FXNet, directly affecting your bottom line as a trader. FXNet has a lower barrier to entry with a minimum deposit of $50 (vs $500 at Blackwell Global). Neither broker charges withdrawal fees. Blackwell Global charges deposit fees; FXNet does not. Overall, FXNet scores higher on fees in our assessment.

FXNet wins this category
FeatureBlackwell GlobalFXNet
Min. Deposit$500$50
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesYesNo
CFD FeesYesNo

Platforms

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

Tied
FeatureBlackwell GlobalFXNet
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Mac, Tablet & Mobile appsMT4, 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 FXNet 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 GlobalFXNet
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 FXNet supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureBlackwell GlobalFXNet
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

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 FXNet offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.

Tied
FeatureBlackwell GlobalFXNet
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese