B

Blackwell Global

6.6/10

GDMFX

5.6/10
8/10WinnerRegulation3/10
0/10FeesWinner6/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Blackwell Global was founded in 2010 and is headquartered in Cyprus, while GDMFX was established in 2012 and is based in Anguilla. Blackwell Global holds licences including Financial Conduct Authority (FCA), while GDMFX is regulated by Unregulated among others. Blackwell Global serves 10,000+ clients worldwide; GDMFX has 10,000+. The minimum deposit is $500 at Blackwell Global and $100 at GDMFX.

Blackwell Global wins this category
FeatureBlackwell GlobalGDMFX
Min. Deposit$500$100
RegulationFinancial Conduct Authority (FCA)Unregulated
Founded20102012
CountryCyprusAnguilla
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Blackwell Global and GDMFX, directly affecting your bottom line as a trader. GDMFX 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; GDMFX does not. Overall, GDMFX scores higher on fees in our assessment.

GDMFX wins this category
FeatureBlackwell GlobalGDMFX
Min. Deposit$500$100
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesYesYes
CFD FeesYesYes

Platforms

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

Tied
FeatureBlackwell GlobalGDMFX
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 GDMFX compare. Blackwell Global runs regular live webinars; GDMFX does not. Both provide video tutorials. Blackwell Global publishes daily market commentary; GDMFX does not. Both integrate third-party research tools. Blackwell Global maintains an archive of past webinars for on-demand viewing. Blackwell Global scores higher overall in education and research.

Blackwell Global wins this category
FeatureBlackwell GlobalGDMFX
Forex EducationYesYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
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 GDMFX supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

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