Blackbird Review 2026

Item: Blackbird
Rating: 6.07
Author: Oleg Tkachenko

By: Oleg Tkachenko
Updated: June 08, 2026
9 in the rating

Min. deposit $1
Fees 8 /10
Account types 4 /10
Regulation 9 /10

6.1 /10

Moderate risk

Blackbird User Reviews 7.0
Commissions and Fees 8.0
Regulation and Safety 9.0
Account Types 4.0
Deposit and Withdrawal 3.5
Markets and Tradable Assets 7.0
Trading Account Opening 8.0
Customer Support 5.6

Blackbird Pros & Cons

The broker provides access to a wide range of financial instruments.;
Advanced analytical tools;
The broker is regulated in two jurisdictions.;
Education and support are available in Spanish;
Average trading fees.

Minimum fees for stocks and ETFs are higher than those of the broker’s competitors;
Deposits and withdrawals are made only by bank transfers.

TU Expert Verdict

Blackbird demonstrates moderate stability and can suit certain traders. Its conditions are acceptable, and feedback is mixed but reasonable. In my own tests, it performed adequately, though it lacks the consistency of higher-rated companies.

Blackbird User Reviews

Score:

7 /10

2 total

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Fixed fees of the portfolio size are charged for working with investment funds, therefore you know your expenses in advance. I like Blackbird’s conditions and I plan to continue working with it.

Live chat on the broker’s website works with breaks, though 24/7 operation and instant responses are declared. I don’t invest in funds yet, but I will once I take €25,000 from my total portfolio without limiting the main trading.

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Commissions and Fees

Score:

8 /10

The trading and non-trading commissions of Blackbird have been analyzed and rated as having Low fees, with a fees score of 8/10. Additionally, these commissions were compared with those of the top two competitors, ZForex and OANDA, to provide the most comprehensive information.

Low Forex trading fees
Tight EUR/USD market spread
No inactivity fee
No deposit fee
No withdrawal fee

Complex fee structure

Trading Fees and Spread

Below, we evaluated and compared the trading commissions of Blackbird with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.

Standard Account Spread

For Standard accounts, Blackbird’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.

Blackbird Standard spreads
	Blackbird	ZForex	OANDA
EUR/USD min, pips	0.1	0.1	0.1
EUR/USD max, pips	0.4	0.4	0.5
GPB/USD min, pips	0.3	0.2	0.1
GPB/USD max, pips	0.7	0.6	0.5

RAW/ECN Account Commission And Spread

The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.

Blackbird RAW/ECN spreads
	Blackbird	ZForex	OANDA
Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency).	3.50	7	3.5
EUR/USD avg spread	0.10	0.1	0.15
GBP/USD avg spread	0.12	0.15	0.2

Non-Trading Fees

We conducted a detailed analysis of the non-trading fees associated with Blackbird. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

Blackbird Non-Trading Fees
	Blackbird	ZForex	OANDA
Deposit fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0	0
Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0	0
Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks.	0	0	0-15
Inactivity fee ($, per month)	0	0	0

Is Blackbird Safe?

Score:

9 /10

Blackbird has a safety score of 9/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.

Tier-1 regulated
Negative balance protection
Track record over 14 years

Strict requirements and extensive documentation to open an account

Blackbird Regulators and Investor Protection
Abbreviation	Full Name	Country of regulation	Investor Protection Fund	Regulation Level
CNMV	Full Name Comisión Nacional del Mercado de Valores	Country of regulation Spain	Investor Protection Fund Up to €100,000	Regulation Level Tier-1

Blackbird Security Factors
Foundation date	2012
Negative balance protection	Yes
Verification (KYC)	Yes

Account Types

Score:

4 /10

Blackbird offers the following account options: Demo, Standard, ECN/Raw spread.

However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.

Low minimum deposit
Tight spread ECN account
Standard account with balanced trading conditions

No Swap Free account
No Cent account

Blackbird account types vs top competitors
	Blackbird	Trading.com	ZForex
Standard	Yes	Yes	Yes
ECN/Raw spread	Yes	No	Yes
Demo	Yes	Yes	Yes
Cent	No	No	No
Micro	No	No	No
Swap Free	No	No	Yes
VIP	No	No	No
Managed	No	No	No

Blackbird accounts trading conditions

To get access to BlackTrader, become the broker’s client. To register, it is required to fill in a special form and provide the necessary documents. To activate the account, fund it with any amount.

Account type:

Account Type	Description
Real	This account type is intended for trading underlying assets and derivatives. Trading conditions depend on the financial instrument, market, and trader’s status, which can be retail or professional. Leverage for professional traders is higher. Available account types are Cuenta individual, Cuenta conjunta (Dos titulares), and Cuenta empresa.

Before opening a trading account, you can train in a demo mode of the platform. This service is free and allows traders to work on the real market with virtual funds.

Blackbird provides access to numerous financial markets in different countries. Among available financial instruments are stocks, investment funds, futures, options.

Deposit and Withdrawal

Score:

3.5 /10

Blackbird received a Low score for the efficiency and convenience of its deposit and withdrawal processes.

Blackbird offers limited payment options and accessibility, which may impact its competitiveness.

No withdrawal fee
Minimum deposit below industry average
Low minimum withdrawal requirement
Bank wire transfers available

BTC payments not accepted
PayPal not supported
Only major base currencies available

What are Blackbird deposit and withdrawal options?

Blackbird offers a limited selection of deposit and withdrawal methods, including Bank Wire. This limitation may restrict flexibility for users, making Blackbird less competitive for those seeking diverse payment options.

Blackbird Deposit and Withdrawal Methods vs Competitors
	Blackbird	Trading.com	ZForex
Bank Wire	Yes	Yes	No
Bank card	No	Yes	Yes
PayPal	No	No	No
Wise	No	No	No
BTC	No	No	Yes

What are Blackbird base account currencies?

A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. Blackbird supports the following base account currencies: EUR.

What are Blackbird's minimum deposit and withdrawal amounts?

The minimum deposit on Blackbird is $1, while the minimum withdrawal amount is $1. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact Blackbird’s support team.

Markets and Tradable Assets

Score:

7 /10

Blackbird offers a limited selection of trading assets compared to the market average. The platform supports 0 assets in total, including 50 Forex pairs.

ETFs investing
50 supported currency pairs
Copy trading platform

Limited asset selection

Supported markets vs top competitors

We have compared the range of assets and markets supported by Blackbird with its competitors, making it easier for you to find the perfect fit.

	Blackbird	Trading.com	ZForex
Currency pairs	50	69	50
Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs.		69	80
Stocks	Yes	No	Yes
Commodity futures	Yes	No	Yes
Crypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada.	Yes	No	Yes
Stock indices	Yes	No	No
Options	Yes	No	No

Investment options

We also explored the trading assets and products Blackbird offers for beginner traders and investors who prefer not to engage in active trading.

	Blackbird	Trading.com	ZForex
Bonds	Yes	No	No
ETFs	Yes	No	No
Copy trading	Yes	No	Yes
PAMM investing	No	No	No
Managed accounts	No	No	No

Trading Account Opening

Score:

8 /10

We successfully registered an account with Blackbird in 20 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at Blackbird is $1.

This is one of the most accessible and hassle-free onboarding procedures on the market.

Fully online account opening process
Low minimum deposit requirement

Account approval may require extra time depending on the documentation.
Registration process may take longer than expected

Blackbird account opening
	Blackbird	Trading.com	ZForex
Online Registration	Yes	Yes	Yes
Minimum deposit	$1	$50	$10
Mandatory KYC	Yes	Yes	Yes
Registration time (min)	20	20	8
KYC time (days)	2	2	1

Is Blackbird available in my country?

If you are a citizen of United States, the broker accepts clients from your country.

Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.

Account opening details

The user account on the Blackbird website is created in several stages.

To launch the registration process, click the “Abrir una cuenta” button.
Next, choose your preferred account type. If you are a retail investor, tick the Cuenta individual box.
In the form that opens, enter your first and last names, and your passport number. Also, choose the service that is your priority.
Further, upload your documents and provide additional personal data.

Customer Support

Score:

5.6 /10

Customer support at Blackbird is available, but response speed and service quality may vary. Some requests are handled efficiently, while others may require follow-ups.

During testing, response times were moderate, and communication depended on the complexity of the request. Blackbird provides basic support functionality but does not stand out in overall service performance.

Information

Technical support is available 365/24/7. Physical offices in Barcelona and Madrid accept clients from 9:00 to 18:00 (GMT+1) Monday through Friday.

Communication with support is available in a live chat on the website and instant messengers
24/7 support in Spanish

Responses in a live chat are sometimes delayed
No call-back option

Traders can contact the company using the following communication channels:

Live chat;
Telephone numbers, provided on the broker’s website;
Email;
WhatsApp;
Telegram.

The Contact section has a ready-made form to ask for assistance by email.

Contacts
Foundation date	2012
Registration address	Av. Diagonal, 413, L'Eixample, 08008 Barcelona, Spain
Regulation	CNMV, FINRA, SIPC
Official site	https://blackbird.es/
Contacts	info@blackbird.es 932713315

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FAQs

How is Blackbird regulated and what investor protection measures are in place?

Blackbird has a safety score of 9/10 and is regulated by the Comisión Nacional del Mercado de Valores (CNMV) in Spain, which is classified as Tier-1 regulation in this review. The broker offers negative balance protection, requires KYC verification, and clients may be covered by an investor protection fund of up to €100,000, with a track record dating back to 2012.

What trading commissions and non-trading fees does Blackbird charge?

According to the review, Blackbird’s overall fee level is rated 8/10, with low forex trading fees, tight EUR/USD spreads, and no inactivity, deposit, or withdrawal fees. On Standard accounts, costs are built into floating spreads (for example, EUR/USD typically ranges from 0.1 to 0.4 pips), while RAW/ECN accounts use market-based spreads plus a $3.50 commission per lot (with average spreads of 0.10 pips for EUR/USD and 0.12 pips for GBP/USD).

What do user reviews and feedback indicate about Blackbird’s overall performance?

The user satisfaction score for Blackbird is 7/10, based on 2 published reviews, with 50% of ratings at 4 stars and 50% at 3 stars. According to user reviews, this distribution suggests a mixed but moderately positive impression, with no 1- or 2-star ratings reported in the section.

Which markets and investment products are available with Blackbird?

The review notes that Blackbird offers 50 currency pairs and access to stocks, commodity futures, crypto, stock indices, and options, although the overall asset selection is described as limited compared to the market average. For more passive or investment-oriented approaches, the broker also supports bonds, ETFs, and copy trading, while PAMM investing and managed accounts are not available.

What feedback is available on Blackbird’s customer support and service channels?

Customer support at Blackbird is described as basic, with a safety score of 5.6/10 and response quality that can vary depending on the request, sometimes requiring follow-ups. Support is available 24/7 in Spanish via live chat, telephone, email, WhatsApp, Telegram, and a website contact form, although live chat responses may be delayed and there is no call-back option; physical offices in Barcelona and Madrid receive clients on weekdays during business hours.