BlackBull Markets vs. FXCM

BlackBull Markets
1%
Deposit 200 EUR/USD
Spreads 0.76 EUR/USD
*The value is indicative from the broker's website. The spread amount is variable.
Established 2014
Currency Pairs (Total Forex pairs) 30
Country: New Zealand
Regulation:
Trading app:
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Number of CFD asset classes: 3
Broker type: MM
Support:
Phone
Mail
Chat
Funding methods:
Real Stocks and ETFs:
FXCM
52%
Deposit 50 EUR/USD
Spreads 1 EUR/USD
*The value is indicative from the broker's website. The spread amount is variable.
Established 1999
Currency Pairs (Total Forex pairs) 20
Country: Germany
Regulation:
FCA (UK)
Authorised in the European Union (EU)
ASIC (Australia)
Cysec
Trading app:
Desktop Platform (Windows)
Web Platform
Social Trading / Copy-Trading
Number of CFD asset classes: 7
Broker type: MM
Support:
Phone
Mail
Funding methods:
Skrill
GiroPay
Qiwi
FasaPay
UnionPay
BitPay
Klarna
PaySafeCard
PayPal
Advcash
Cryptocurrencies
Poli
WebMoney
* Some of the payment methods may not be available in your country.
Real Stocks and ETFs:

Winner of the comparison

29%
BlackBull Markets
52%
FXCM
Winner
If you don’t want to read the full comparison, the winner of our review is FXCM, which takes the lead with a rating of 52%, while BlackBull Markets only reaches 29%. BlackBull Markets requires a minimum deposit of 200 EUR/USD, while FXCM sets it at 50 EUR/USD. Conversely, FXCM scores with a lower minimum deposit. For BlackBull Markets, the spread is 0.76 EUR/USD, while for FXCM it is 1 EUR/USD. Tighter spreads make BlackBull Markets a more advantageous choice. BlackBull Markets offers 30 forex pairs, while FXCM provides 20. A wider selection gives BlackBull Markets the advantage. BlackBull Markets was founded in 2014, while FXCM has been operating since 1999. The older FXCM has the upper hand in this regard. Both brokers allow trading with real stocks. BlackBull Markets is overseen by 0 regulatory bodies, while FXCM has 4. Stricter oversight at FXCM gives it an advantage. BlackBull Markets supports 2 platforms, while FXCM offers 3. More options are provided by FXCM.

Comprehensive Comparison: BlackBull Markets vs FXCM

A detailed look at two popular brokers from our portfolio

Comparison Result
Winner of this comparison: FXCM with an overall rating of 52%
BlackBull Markets
Min. Deposit
200
EUR/USD Spread
0.76
Currency Pairs
30
Year Established
2014
FXCM
Min. Deposit
50
EUR/USD Spread
1
Currency Pairs
20
Year Established
1999

Key Strengths

BlackBull Markets
    • At present, it seems that the broker we are reviewing does not have any specific advantages that distinguish it from the competition or stand out directly.
FXCM
    • The broker is regulated in four Tier-1 jurisdictions and two Tier-2 jurisdictions.
    • FXCM has received awards for the best tools and platforms, professional trading, algorithmic trading, and copy trading.
    • FXCM publishes monthly execution reports, including statistics on slippage and order execution quality.

Comparison by Categories

Trading Tools
BlackBull Markets
70%
FXCM
60%
Trading Platforms
BlackBull Markets
29%
FXCM
43%
Trading Costs
BlackBull Markets
100%
FXCM
20%
Educational Materials
BlackBull Markets
33%
FXCM
67%
Customer Support
BlackBull Markets
100%
FXCM
67%
Overall Rating
BlackBull Markets
29%
FXCM
52%

Our Recommendations

Best for Beginners
Thanks to comprehensive educational materials and a user-friendly platform, FXCM is an ideal choice for new traders.
Best Platform
The trading platform of broker FXCM offers an intuitive interface and advanced features for efficient trading.
Lowest Costs
BlackBull Markets offers competitive spreads and lower fees, making it ideal for active traders.
Investments
# BlackBull Markets FXCM
Currency Pairs (Total Forex pairs) 30 20
CFDs – Total Offered 50+ 200+
Options CFD
Share CFDs
Forex CFD
Commodities CFD
ETF CFD
Indicies CFD
Cryptocurrency traded as actual
Cryptocurrency traded as CFD
Investments rating 38% 88%
Winner
Cost
# BlackBull Markets FXCM
Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. 0.76 1
Deposit from 200 50
Account fee
Inactivity fee
Active Trader or VIP Discounts
Withdrawal fees
Deposit fees
Cost rating 100% 20%
Winner
Trading app
# BlackBull Markets FXCM
Desktop Platform (Windows)
Web Platform
Social Trading / Copy-Trading
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Currenex
cTrader
Trading Platforms rating 29% 43%
Winner
Trading Tools
# BlackBull Markets FXCM
Financial leverage
Virtual Trading (Demo)
Alerts – Basic Fields
Charting – Indicators / Studies (Total)
Charting – Drawing Tools (Total)
Charting – Trade From Chart
Stop-Loss
Finacial Calendar
Daily financial news
Order Type – Trailing Stop
Trading Tools rating 70% 60%
Winner
Research
# BlackBull Markets FXCM
Daily Market Commentary
Forex News (Top-Tier Sources)
Weekly Webinars
Social Sentiment – Currency Pairs
Economic Calendar
Research
Research rating 17% 50%
Winner
Education
# BlackBull Markets FXCM
Has Education – Forex
Has Education – CFDs
Client Webinars
Videos – Advanced Trading Videos
Investor Dictionary (Glossary)
Education
Education rating 33% 67%
Winner
Forex
# BlackBull Markets FXCM
GBP/USD
USD/JPY
EUR/USD
USD/CHF
USD/CAD
NZD/USD
AUD/USD
Major Forex Pairs rating 100% 100%
Winner
Commodities
# BlackBull Markets FXCM
Gold
Silver
WIT Oil
Brent Oil
Coffee
Cocoa
Soybeans
Rice
Corn
Platinum
Palladium
Commodities rating 36% 36%
Winner
Indicies
# BlackBull Markets FXCM
DAX 40
S&P 500
Nasdaq
Dow Jones
Nikkei
Indices rating 100% 80%
Winner
Cryptocurrencies
# BlackBull Markets FXCM
Bitcoin
Litecoin
Ethereum
Ripple
Neo
Stellar
Cardano
Tron
Monero
EOS
Cryptocurrencies rating 0% 40%
Winner
Regulations
# BlackBull Markets FXCM
Cysec
ASIC (Australia)
FCA (UK)
Authorised in the European Union (EU)
CFTC Registered (USA)
FINMA (Switzerland)
Regulations rating 0% 67%
Winner
Support
# BlackBull Markets FXCM
Chat
Phone
Mail
Support rating 100% 67%
Winner
Overall
# BlackBull Markets FXCM
Go to the full broker review BlackBull Markets FXCM
Win / Loss % 29% 52%
Winner