BlackBull Marketsvs
FXCMCrypto Exchange Comparison
BlackBull Markets and FXCM face off over crypto offerings, regulation, and platform depth, testing which delivers stronger crypto access under different oversight.
Our Verdict
Too close to call
BlackBull Markets and FXCM are closely matched overall. The clearest differentiator is coin selection, with BlackBull Markets offering 20 crypto CFDs vs FXCM's 4.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1FXCM offers phone support whereas BlackBull does not
- 2FXCM lists 4 cryptos while BlackBull lists 20
- 3BlackBull has no inactivity fee while FXCM does
Who should choose BlackBull Markets vs FXCM?
Find out which crypto exchange best suits your trading profile.
Choose BlackBull Markets if…
Choose BlackBull Markets if you want more crypto coins and no inactivity fee.
Choose FXCM if…
Choose FXCM if you value phone support and a compensation scheme.
Verdict by Trader Profile
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
Best for security
It’s a tie
Both equally suited
FXCM earns security due to FCA/ASIC oversight and FSCS protection.
Best for low fees
Recommended
BlackBull Markets wins for low fees with a higher Fees & Spreads score.
BlackBull Markets vs FXCM: Side-by-Side Crypto Exchange Comparison
| Criteria |  BlackBull Markets |  FXCM |
|---|---|---|
| Editorial score | 3.8/ 5 | 3.8/ 5 |
| Min Deposit | No minimum▼ lower | $50 |
| Spreads From | 0 pips▼ lower | 0.4 pips |
| Taker Fee | 6.00% | N/A |
BlackBull Markets vs FXCM Crypto Exchange Pros & Cons
Pros
- ECN-adjacent execution on crypto CFDs, competitive spreads across 4 platforms
- MT4, MT5, cTrader, and TradingView all supported from a single account
- FMA (New Zealand) regulated with strict client money segregation requirements
- No minimum deposit on standard accounts
Cons
- CFDs only, no real crypto ownership, staking, or on-chain access
BlackBull Markets vs FXCM: Detailed Category Breakdown
A closer look at the specific criteria each exchange meets or misses within each scoring category.
1
BlackBull Markets
criteria win
1
FXCM
criteria win
Highlighted rows show where the two exchanges differ
| Criteria | BlackBull Markets | FXCM |
|---|---|---|
| Security | ||
| Cold storage for assets | Fail | Fail |
| Proof of reserves published | Fail | Fail |
| Segregated client funds | Pass | Pass |
| Top-tier regulator (FCA, ASIC, etc.) | Pass | 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 | Fail | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Pass | Pass |
| Phone support | Fail | Pass |
BlackBull Markets vs FXCM: Frequently Asked Questions
BlackBull Markets and FXCM share the same editorial score of 3.8/5. One concrete differentiator: BlackBull Markets requires a lower minimum deposit.
BlackBull Markets lists a lower spread from 0, compared with FXCM's 0.4. Crypto trading costs are typically quoted as a percentage of the trade value; check each exchange's full fee schedule, as maker/taker rates and volume discounts vary.
BlackBull Markets has no minimum deposit, while FXCM requires at least $50. This makes BlackBull Markets more accessible for traders looking to start with a smaller crypto investment.
Both BlackBull Markets and FXCM hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each exchange's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: BlackBull Markets has no minimum deposit, removing the capital barrier entirely, and both exchanges provide negative balance protection. Also compare demo account availability and educational resources before deciding.
BlackBull Markets offers up to 2:1 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.
BlackBull Markets charges $6 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.
BlackBull Markets supports cTrader, MetaTrader 5, TradingView, DXtrade, MetaTrader 4, while FXCM supports ZuluTrade, Proprietary Web/Mobile, MetaTrader 4, NinjaTrader. Both provide MetaTrader 4. BlackBull Markets has exclusive access to cTrader and MetaTrader 5 and TradingView and DXtrade. FXCM has exclusive access to ZuluTrade and Proprietary Web/Mobile and NinjaTrader.
BlackBull Markets 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.
