Bybitvs
FXTMCrypto Exchange Comparison
Two brokers with different models clash: a native crypto exchange versus a regulated CFD broker. They diverge on asset depth, security protections, and DeFi features, heightening suspense about the outcome.
Our Verdict
Bybit winsClear Winner
Bybit wins on editorial score (4.3 vs 3.7) due to stronger fees, platforms and trust, giving it the edge over FXTM.
Bybit
4.3/5
FXTM
3.7/5
Key Differences
- 1Coin depth: Bybit lists 500+ coins, FXTM lists 7.
- 2Regulatory protections: FXTM has CySEC/FCA with FSCS and ICF.
- 3Proof of reserves: Bybit publishes monthly proofs; FXTM does not.
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
Recommended
FXTM is stronger on security due to CySEC/FCA regulation and FSCS/ICF protections.
Best for low fees
Recommended
Bybit has lower costs and transparent pricing than FXTM.
Bybit vs FXTM: Side-by-Side Crypto Exchange Comparison
| Criteria |  Bybit |  FXTM |
|---|---|---|
| Editorial score | 4.3/ 5 | 3.7/ 5 |
| Min Deposit | No minimum▼ lower | $10 |
| Spreads From | N/A | 1.5 pips |
| Taker Fee | 0.10% | N/A |
Bybit vs FXTM Crypto Exchange Pros & Cons
Pros
- Top-3 derivatives liquidity (BTC/ETH perps)
- VARA-regulated (Dubai)
- Monthly Proof of Reserves published
- Full-featured copy trading with complete performance data
- Maker rebates on linear perpetuals
- No deposit fees
Bybit vs FXTM: Detailed Category Breakdown
A closer look at the specific criteria each exchange meets or misses within each scoring category.
7
Bybit
criteria wins
3
FXTM
criteria wins
Highlighted rows show where the two exchanges differ
| Criteria | Bybit | FXTM |
|---|---|---|
| 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 | Fail |
| Features | ||
| Staking available | Pass | Fail |
| DeFi integration | Fail | Fail |
| NFT trading | Pass | Fail |
| 500+ coins listed | Pass | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Pass | Pass |
| Phone support | Fail | Pass |
Bybit vs FXTM: Frequently Asked Questions
Bybit rates 4.3/5 versus 3.7/5 for FXTM. Bybit edges ahead on our composite score, though both exchanges meet a reasonable standard for most traders.
FXTM lists a spread from 1.5. Current spread data is not available for Bybit. Check both exchanges' full fee schedules, including maker/taker rates, for up-to-date pricing.
Bybit has no minimum deposit, while FXTM requires at least $10. This makes Bybit more accessible for traders looking to start with a smaller crypto investment.
FXTM holds top-tier regulation (FCA, FSCA, CySEC), providing stronger investor protections. Bybit 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: Bybit has no minimum deposit, removing the capital barrier entirely, and FXTM provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources before deciding.
Bybit offers up to 100:1 on perpetual or margin products, versus FXTM'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.
Bybit charges $0.1 per trade on commission-based accounts. Commission details for FXTM 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.
Bybit supports Bybit, while FXTM supports MetaTrader 5, MetaTrader 4. Bybit has exclusive access to Bybit. FXTM has exclusive access to MetaTrader 5 and MetaTrader 4.
Bybit 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.
Bybit offers staking while FXTM does not according to our data. Staking lets you earn passive yield on your crypto holdings directly through the exchange. Check Bybit's supported coins, lock-up terms, and estimated yields before committing.
Bybit lists 500+ coins while FXTM does not meet this threshold in our data. For traders who want access to many altcoins, Bybit has the broader selection. Confirm specific coin availability for your region on each exchange's website.
In our data: Bybit supports NFT trading. DeFi and NFT features vary between platforms. Check each exchange's current Web3 integrations and supported chains before making a decision.
