This matchup pits a native crypto exchange against a CFD broker. The axis of tension is asset breadth versus traditional regulation and tooling.
Find out which crypto exchange best suits your trading profile.
Choose if…
Choose BingX if you want a native exchange with 700+ assets and built-in copy trading.
Choose if…
Choose FXCM if you value phone support and FCA/ASIC regulation.
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
| Criteria | ||
|---|---|---|
| Editorial score | 3.9/ 5 | 3.8/ 5 |
| Min Deposit | No minimum▼ lower | $50 |
| Spreads From | N/A | 0.4 pips |
| Taker Fee | 0.10% | N/A |
A closer look at the specific criteria each exchange meets or misses within each scoring category.
| Criteria | BingX | FXCM |
|---|---|---|
| Security | ||
| Cold storage for assets | Pass | Fail |
| Proof of reserves published | Pass | Fail |
| Segregated client funds | Fail | Pass |
| Top-tier regulator (FCA, ASIC, etc.) | Fail | Pass |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Fail |
| Transparent pricing page | Pass | Pass |
| Features | ||
| Staking available | Fail | Fail |
| DeFi integration | Fail | Fail |
| NFT trading | Fail | Fail |
| 500+ coins listed | Pass | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Pass | Pass |
| Phone support | Fail | Pass |
The scores are close: BingX rates 3.9/5 and FXCM rates 3.8/5. BingX has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
FXCM lists a spread from 0.4. Current spread data is not available for BingX. Check both exchanges' full fee schedules, including maker/taker rates, for up-to-date pricing.
BingX has no minimum deposit, while FXCM requires at least $50. This makes BingX more accessible for traders looking to start with a smaller crypto investment.
FXCM holds top-tier regulation (ASIC, FCA), providing stronger investor protections. BingX may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
For beginners, two factors stand out: BingX has no minimum deposit, removing the capital barrier entirely, and FXCM provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources before deciding.
BingX offers up to 150:1 on perpetual or margin products, versus FXCM's 2:1 cap. Margin and futures trading carry higher risk than spot crypto; confirm product availability and jurisdiction-specific limits on each exchange's website.
BingX charges $0.1 per trade on commission-based accounts. Commission details for FXCM are not currently available. Check their website for up-to-date pricing. Crypto fees are typically quoted as maker/taker rates rather than fixed per-trade commissions; check each exchange's fee schedule for volume-based discounts.
BingX supports Proprietary Web/Mobile, while FXCM supports Proprietary Web/Mobile, ZuluTrade, MetaTrader 4, NinjaTrader. Both provide Proprietary Web/Mobile. FXCM has exclusive access to ZuluTrade and MetaTrader 4 and NinjaTrader.
BingX scores better on fee criteria (no deposit fee, no inactivity fee). Always check both exchanges' current fee schedules, as maker/taker rates and withdrawal fees vary and are subject to change.
BingX lists 500+ coins while FXCM does not meet this threshold in our data. For traders who want access to many altcoins, BingX has the broader selection. Confirm specific coin availability for your region on each exchange's website.
FXCM offers regulator-backed protections and segregated funds.
BingX offers lower-fee futures, with explicit maker and taker rates.
FXCM's regulatory pedigree supports new traders seeking protection.
Equally matched; neither offers DeFi or NFT staking.
| N/A |
| N/A |
| Inactivity Fee | None | $50/month (after 12 months) |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | CryptoBank transferCredit cardDebit card | Bank transferCredit cardDebit cardSkrill |
|---|
| Withdrawal methods | CryptoBank transfer | Bank transferCredit cardSkrill |
|---|
| Withdrawal Fee | Network fee only | Free for first per month |
|---|
| Regulators | VARA | ASIC FCA |
|---|
| Cold Storage | Yes | No |
|---|
| Proof of Reserves | Yes | No |
|---|
| Staking | No | No |
|---|
| DeFi Integration | No | No |
|---|
| NFT Trading | No | No |
|---|
| 500+ Coins | Yes | No |
|---|
| P2P Trading | No | No |
|---|
| Crypto Earn / Savings | No | No |
|---|
| Token Launchpad | No | No |
|---|
| Active bonuses | 2 offers | None |
|---|
The single clearest differentiator is coin selection: BingX lists 700 assets while FXCM lists 4. Both remain closely matched on other criteria.
Dig deeper into each broker’s features, fees, and regulation.
Score 3.8 / 5
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