B

Blackwell Global

6.6/10

Nadex

3.9/10
8/10WinnerRegulation3/10
0/10FeesTied0/10
9/10WinnerPlatforms7/10
10/10WinnerEducation & Research0/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Blackwell Global was founded in 2010 and is headquartered in Cyprus, while Nadex was established in 2008 and is based in USA. Blackwell Global holds licences including Financial Conduct Authority (FCA), while Nadex is regulated by Unregulated among others. Blackwell Global serves 10,000+ clients worldwide; Nadex has 10,000+. The minimum deposit is $500 at Blackwell Global and $250 at Nadex.

Blackwell Global wins this category
FeatureBlackwell GlobalNadex
Min. Deposit$500$250
RegulationFinancial Conduct Authority (FCA)Unregulated
Founded20102008
CountryCyprusUSA
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Blackwell Global and Nadex, directly affecting your bottom line as a trader. Nadex has a lower barrier to entry with a minimum deposit of $250 (vs $500 at Blackwell Global). Neither broker charges withdrawal fees. Nadex applies inactivity fees on dormant accounts; Blackwell Global does not. Blackwell Global charges deposit fees; Nadex does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureBlackwell GlobalNadex
Min. Deposit$500$250
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesYesYes

Platforms

Blackwell Global offers MT4, MT5, cTrader, while Nadex supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Nadex supports social and copy trading features, which Blackwell Global does not offer. Blackwell Global edges ahead on platform breadth and functionality in our scoring.

Blackwell Global wins this category
FeatureBlackwell GlobalNadex
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Mac, Tablet & Mobile appsWeb,iPad,mac,Desktop,iPhoneiOS

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Blackwell Global and Nadex compare. Blackwell Global runs regular live webinars; Nadex does not. Blackwell Global has a video library; Nadex does not. Blackwell Global publishes daily market commentary; Nadex does not. Blackwell Global integrates third-party research tools (Trading Central, Autochartist); Nadex does not. 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 GlobalNadex
Forex EducationYesNo
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
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 Nadex supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

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