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Blackwell Global Minimum Deposit

Blackwell Global Minimum Deposits

 

Overall Rating

4.5/5

Rated #13 of
Recommended FX Brokers

💰Minimum Deposit

USD 500

🌐 Regulators

FCA

📱 Trading Desk

MetaTrader 4

Crypto

Yes

📈 Total Pairs

50

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

The Blackwell Global minimum deposit amount to open a real trading account is 500 (five hundred) US Dollars (get the correct answer in the content).  The Minimum Deposit for 1st-time traders might vary based on the trading account type selected. Deposit activation can be up to 72 hours

The Blackwell Global Minimum Deposit is US Dollar 500.

The minimum deposit amount that Blackwell Global requires is equivalent to ZAR9,175.45 at the current exchange rate between the US Dollar and the South African Rand on the day that this article was written.

Blackwell Global is a broker which is authorized and regulated a strict and demanding regulating entity namely the FMA and as a regulated broker, one of the requirements is that client funds be kept in segregated accounts.

In complying with this, amidst several other strict rules and regulations, all client funds must be kept separate from the broker account, and it can only be used by traders to conduct trading activities.

 

Deposit fees and deposit methods

Blackwell Global’ minimum deposit when opening a live account is a lot higher when compared to other brokers, but it still falls within an average range.

Blackwell Global does not charge any fees with regard to deposits that are made into the trader’s account.

Traders will need to make sure of fees that may be waived by their payment providers in case some fees are charged on transactions when depositing funds into the trader’s Blackwell Global account.

 

Blackwell Global offers clients the following ways in which funds can be deposited into the trading account:

  • Credit/Debit Cards
  • Bank Wire Transfer
  • E-wallets such as Neteller and Skrill.

 

Blackwell Global supports the following deposit currencies in which traders can fund their accounts:

  • USD
  • EUR
  • GBP and,
  • CHF

 

Step by step guide to depositing the minimum amount

As soon as the trader has registered for a live account with Blackwell Global and the account has been verified and approved, the trader can follow these steps to deposit the minimum amount into the trading account:

  1. The trader can log into their Client Portal and navigate to the area dedicated to depositing funds.
  2. The trader will be asked to select their payment method and after selecting it, they can follow the prompts to deposit the minimum amount of US Dollar 500.

 

Traders should take note that depending on the payment method used, some transactions may take a certain amount of time depending on the method, time of the day, any day of the week.

Transactions over weekends may only be processed on the next business day and some wire transfers can take up to 10 business days before the deposited amount reflects in the trading account.

 

Overall Rating

4.5/5

Rated #13 of
Recommended FX Brokers

💰Minimum Deposit

USD 500

🌐 Regulators

FCA

📱 Trading Desk

MetaTrader 4

Crypto

Yes

📈 Total Pairs

50

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Pros and Cons

✔️PROS ❌CONS
Average minimum deposit amount None noted
No deposit fees
Most reliable payment methods offered
Variety of deposit currencies

 

You might also like: Blackwell Global Sign up bonus

You might also like: Blackwell Global Demo Account

You might also like: Blackwell Global Fees and Spreads

You might also like: Blackwell Global Account Types

You might also like: Blackwell Global Islamic Account

 

FAQs

 

What is the minimum deposit for Blackwell Global?

US Dollar 500.

 

How do I make a deposit and withdrawal with Blackwell Global?

Blackwell Global offers the following popular deposit and withdrawal methods:

  • Credit/Debit Cards
  • Bank Wire Transfer
  • E-wallets such as Neteller and Skrill.

Blackwell Global prohibits third party payments. Deposits and withdrawals must be to and from the same account that the trader registers when opening a live account.

 

Does Blackwell Global charge withdrawal fees?

No.

Traders will have to verify with their banking institution regarding fees waived when withdrawing funds by using Bank Wire Transfer

 

How long does it take to make a withdrawal?

  • Credit Card – Instant or up to 3 days depending on banking institution delays.
  • Bank Wire Transfer – within the same country, bank and the local currency are between 1 to 2 days, within the same country, different banks but the same currency is within 3 days and transaction between different countries and currencies is 5 days.
  • E-wallets – anything from 24 to 48 hours.

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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