Everything You Need  to Know About Blackstone Broker

With a large number of forex brokers available in the world, it can be challenging to pick the right one. Every brokerage company has its conditions, trading instruments, account types, platforms, etc. So, how can you pick the right broker? Well, the straightforward answer is to choose a popular one as more people trust it.
Among the most popular ones, Blackstone Futures is an established forex broker. Ever heard of it? No need to worry. Here’s everything you need to know about Blackstone Broker. 

Blackstone Broker – Here’s All You Should Know

Blackstone Futures is a well-known brokerage house based in South Africa. It was founded in 2009, and its headquarters is situated in Johannesburg. 

  • Blackstone Futures Regulation
    When considering a new brokerage house, make sure to check its regulation. As for Blackstone Broker, it is strictly regulated by FSCA (Financial Sector Conduct Authority). The broker is registered under the FSP number 49846.
    The brokerage company is licensed as Blackstone Futures (Pty) Limited. Other regulatory bodies, such as ASIC and SCB, also supervise Blackstone Futures. Therefore, the broker is safe to deal with. 
  • Blackstone Futures Platforms
    Blackstone Futures use multiple trading platforms to provide maximum convenience. It supports MT4, which is the leading platform in Forex.
    In addition to that, the broker has its own trading platform. It is known as “CloudTrade.” It is available for both Android and iOS. Plus, there is also a web-based application. Across all operating systems, the platform is quite simple to use. 
  • Blackstone Futures Account Types
    Blackstone brokers offer a single live account type. However, it is classified into three different currencies, namely USD, ZAR, and GBP. They all have different features as well as initial deposits.
    The most popular one, the USD account, requires  100 USD as the minimum opening amount. It offers 0.6 pips spreads. Moreover, there is no commission.
    The ZAR account requires 1000 ZAR as the initial fee. Its spreads are as low as 0.6 pips. Just like the USD account, it also does not feature any commission.
    Lastly, the GBP account has 100 GBP as the initial deposit. Its spreads and commission are also the same as the other two.
    Among some other things, the $6 trading cost is also common in all three accounts. In addition to that, there is also a demo account. You can use it for three days to verify the broker’s conditions. 
  • Blackstone Futures Trading Instruments
    Blackstone broker offers trading in various market instruments. These include Forex pairs, Precious metals (Gold, Silver, etc.), Commodities, Indices (CFDs), Cryptocurrencies, and Energies. 
  • Blackstone Futures Deposit Methods and Bonuses
    There are several deposit methods to choose from. With Blackstone broker, you can use Bank Wire Transfer, EFT, Neteller, and Skrill, among other options.
    Plus, there is a 30% welcome bonus on the minimum deposit amount. Note that it can not be withdrawn. However, you can use it in your trades. 

This article has covered all the significant aspects of Blackstone Broker. It will help you decide whether the brokerage house is right for you or not.
If you decide to do so, you can open the account easily and in no time.

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