Based in Johannesburg, South Africa, BlackStone Futures is an online broker that represents Trade Nation, a multinational brokerage firm that is regulated in multiple jurisdictions, including by the FSCA of South Africa. The broker offers multiple tradable instruments across different asset classes, such as futures, spot forex, and CFDs in indices, equities, and commodities.
The broker provides clients with the popular MT4 platform and their proprietary CloudTrade platform, along with some useful trading tools and a wide selection of educational resources. As a true STP broker, they offer competitive spreads from 0.6 pips with no commission.
BlackStone Futures Review Introduction
In this BlackStone Futures review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including BlackStone Futures.
BlackStone Futures Platforms & Tools
BlackStone provides clients with two powerful and sophisticated trading platforms:
The broker provides two versions of the MT4 platform: the desktop version, which can be downloaded and installed on Mac and Windows PCs, and the MetaTrader 4 mobile apps for Android and iOS devices, which can be downloaded for free from the relevant app stores and used to trade on the go. The platform provides reliable trade execution speeds and supports highly customizable trading solutions with the ability to run automated trading systems via expert advisors (EAs).
This is the broker’s proprietary trading platform, designed to offer a convenient trading The platform is easy to use and allows for instant execution of market orders, as well as providing a number of resting order types. The CloudTrade platform is available as a web trading terminal that can run directly on most modern web browsers, such as Chrome, Firefox, Edge, and Safari. There are also mobile trading apps that are compatible with Android and iOS devices, which can be downloaded from the relevant app stores.
The broker also provides some extra tools, such as MT4 Template, Market Sentiment, Economic Calendar, and Dividend Adjustments.
BlackStone Futures Research & Education
The broker provides their clients with a reasonable collection of educational resources to improve their trading knowledge and skills. There are training and education sections on their website, with a wide range of resources, including a course that covers many topics related to online CFD trading and mastering the markets. Other resources in the section include webinar recordings, YouTube playlist, trading articles, platform insight, and FAQs.
BlackStone Futures Trading Accounts
BlackStone Futures offers two account types: the ZAR and USD accounts that allow trades with position sizes from 0.01. The required minimum deposit is R1,000. There is flexible leverage of up to 1:400, no matter the account size. As a true STP broker, BlackStone Futures offers ECN-like spreads, without trading commissions, but there is an overnight swap fee. Spreads start from around 0.6 pips on major forex currency pairs.
There are demo trading accounts for practice purposes. These are funded with virtual money so that traders can practice their strategies in a risk-free environment before opening real trading accounts.
BlackStone Futures Account Funding
BlackStone Futures accept a good choice of account funding and withdrawal options, including a variety of local deposit/ transfer options via ABSA bank, Standard Bank, amongst others. Other acceptable payment options include Ozow, Wirecard, and Visa card.
The broker does not charge for deposits and withdrawals. Transaction processing time may vary with the type of transaction and the payment method used.
BlackStone Futures Customer Service
The broker offers a dedicated support team that is polite and prompt in response. They are available during trading hours and can be reached via phone, email, live chat, WhatsApp, and Telegram. Support can also be reached via social media on Facebook, Instagram, and Twitter.
BlackStone Futures Regulation
BlackStone Futures (Pty) Limited is a duly appointed juristic representative of Trade Nation (Pty) Limited, (Registration Number 2018/418755/07), which is authorized and regulated by the Financial Sector Conduct Authority, FSP No 49846.
Their liquidity provider is Finsa Europe Ltd, which is the company behind the European arm of Trade Nation and is registered in England and Wales under number 07073413, authorized and regulated by the Financial Conduct Authority (under firm reference number 525164). Another liquidity provider is Finsa Pty Ltd, which is behind the Australian arm of Trade Nation and holds an Australian Financial Services license (AFSL: 422661).
BlackStone Futures Review Summary
BlackStone Futures is Johannesburg-based appointed juristic representative of Trade Nation (Pty) Limited, a multinational brokerage firm that is regulated in multiple jurisdictions. They offer a wide range of tradable assets via the popular MetaTrader 4 platform and their proprietary CloudTrade platform.
It is worth mentioning that some of the trading products and services in this BlackStone Futures review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the BlackStone Futures broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.