B

Blackwell Global

6.6/10

OptionWeb

6.4/10
8/10WinnerRegulation7/10
0/10FeesWinner8/10
9/10WinnerPlatforms7/10
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 OptionWeb was established in 2012 and is based in Cyprus. Blackwell Global holds licences including Financial Conduct Authority (FCA), while OptionWeb is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Blackwell Global serves 10,000+ clients worldwide; OptionWeb has 10,000+. The minimum deposit is $500 at Blackwell Global and $200 at OptionWeb.

Blackwell Global wins this category
FeatureBlackwell GlobalOptionWeb
Min. Deposit$500$200
RegulationFinancial 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 OptionWeb, directly affecting your bottom line as a trader. OptionWeb has a lower barrier to entry with a minimum deposit of $200 (vs $500 at Blackwell Global). Neither broker charges withdrawal fees. Blackwell Global charges deposit fees; OptionWeb does not. Overall, OptionWeb scores higher on fees in our assessment.

OptionWeb wins this category
FeatureBlackwell GlobalOptionWeb
Min. Deposit$500$200
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesYesNo
CFD FeesYesNo

Platforms

Blackwell Global offers MT4, MT5, cTrader, while OptionWeb supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Blackwell Global edges ahead on platform breadth and functionality in our scoring.

Blackwell Global wins this category
FeatureBlackwell GlobalOptionWeb
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Mac, Tablet & Mobile appsBinary, 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 OptionWeb compare. Blackwell Global runs regular live webinars; OptionWeb does not. Both provide video tutorials. Blackwell Global publishes daily market commentary; OptionWeb 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 GlobalOptionWeb
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 OptionWeb supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

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