Choosing the right brokerage house in the forex world can be complicated. That is primarily due to the large number operating in the world. As the users increased on this online currency exchange, the number of brokers increased drastically.
Now, there are more than 200 certified operating in the world. One of the most popular ones is Blackstone Futures as it has made quite an impact in the Forex Trading community. But, is it the right one for you? Let’s find out in this detailed review of Blackstone Futures.
Blackstone Futures – A complete Review
Before going into the details, let’s do a background check of the broker. Founded in 2009, Blackstone futures is one of the most popular South African brokerage companies. Its headquarter is located in Johannesburg.
- Is Blackstone Futures Legit?
In the vast world of online trading, it is not easy to identify a legit broker. However, Blackstone Futures is a safe brokerage house regulated by FSCA. ASIC and FSB are also responsible for regulating the broker in their respective regions.
The brokerage company is registered under Blackstone Futures (Pty) Limited. For more details, you can also search its FSP number 49846.
- Blackstone Futures Account Types
Mostly, brokers offer various account types to offer more convenience. But, Blackstone Futures offers only a single account type. It can also be seen as an advantage that there is only one account for both advanced and newbie traders.
Although it is a single type, it can be categorized according to currencies, including USD, ZAR, and GBP. In addition to that, you can also start with a demo account. It is free of cost for 30 days to check all the requirements of the brokerage company.
- Blackstone Futures Trading Platforms
Blackstone Futures supports the most popular, MT4 trading platform. It is an easy-to-use platform with all the essential tools to monitor and improve your trading game.
Moreover, CloudTrade is another trading platform which is invented by Blackstone Futures. It is available for Web as well as Android and iOS. Is the application good enough? Luckily, it is better than many other platforms and provides an in-depth trading view.
- Blackstone Futures Trading Instruments
You can deal in the following instruments with Blackstone Futures:
- Exotic Forex Currency Pairs
- Blackstone Futures Deposit and withdrawal Methods
Blackstone Futures offers a variety of Deposit and Withdrawl methods, including:
- Debit Cards
- Credit Cards
- Local Deposit options
- Wire Transfer
- Blackstone Futures Pros and Cons
- Suitable for both Beginner and Experienced Traders
- Multiple Trading Instruments to deal with
- Various deposit and Withdrawal methods
- Regulated and Certified Broker
- Only a single account type to choose
And, that brings us to the end of this detailed review for Blackstone Futures. Consider all the essential options, pros, and cons, to make the final decision.
If you decide to work with them, start with the demo account to assure the conditions.