FXCM Vs. Webull - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 77% of retail CFD accounts lose money.	Visit Your capital is at risk.
Overview
FXCM is a global brokerage headquartered in the U.K that specialises in both retail and institutional trading with a comprehensive API offering. **The below information is provided based on FXCM EU LTD. For other FXCM entities, please go to the corresponding FXCM website for more information. TheTradingBible.com is acting in a capacity of marketing affiliate for FXCM EU LTD.	Webull is a US-based broker that offers both real and leveraged products including Stocks, Crypto, Options, ETFs, and ADRs with zero commissions and no deposit minimums.
Best For
Professional algorithmic traders looking to benefit from their comprehensive API offering.	Novices who want to enter the world of investing Intermediate and advanced options traders Professional day traders and portfolio managers
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 2 Other Licenses 2 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 2 Other Licenses 0 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
ASIC (Australia) CySec (Cyprus) FCA (United Kingdom) FSCA (South Africa)	HKMA (Hong Kong) FINRA (United States)
The Good
Comprehensive API offering with a variety of conditions and programming languages at no additional cost Proprietary platform (Trading Station)	Trade any asset class from just $5 Easy-to-use investing app Fully extended trading hours
The Bad
Lack of asset variety in their offering (over 463+ financial instruments) Costly spreads when compared to similar competitors	No international clients at the moment No joint accounts
Status
Operational	Operational
Recent News
No fresh news at the moment. Check again soon!	No fresh news at the moment. Check again soon!
Key Data
⌛ Account Opening Time
1 day	1 day
📋 Documents Required
Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.	Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.
📍 Year Founded
1999	2017
💳 Minimum Deposit Range
$50	0
💰 Payment Methods
Visa Mastercard Bank Transfer Neteller Skrill	Visa Mastercard Bank Transfer Neteller Skrill
💵 Account Base Currencies
4 - EUR GBP, USD, CHF.	1 - USD.
🗽 Available to U.S Citizens
No	Yes
❌ Restricted Countries
RU, US, CA, JP, SK, BE and more.	European Union, UK, CA, JP, IN, IR, MY, ZA, AU.
📊 STP Account
No	No
📊 DMA Account
No	Yes
📊 ECN Account
No	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	Equities
Total Asset Offering
447	12,420
Exchange Access
0	5
📙 Real Stocks
0	10,000
📙 Stock CFDs
341	0
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
41	0
📗 Commodities
0	0
📗 Commodities CFDs
14	0
📕 Indices
0	0
📕 Indices CFDs
19	0
📔 ETFs
0	2,400
📔 ETFs CFDs
0	0
💸 Cryptocurrencies
0	20
💸 Cryptocurrency CFDs
22	0
📒 Bonds
0	0
📒 Bonds CFDs
10	0
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
1 Share	$5 trade value
📉 Minimum ETFs Trade Size
Unavailable	$5 trade value
📈 Minimum Crypto Trade Size
1 Unit	Varies per cryptocurrency
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	Unavailable
📈 Minimum Commodities Trade Size
Varies by Commodity (Eg: 1 Troy ounce of Gold)	Unavailable
📉 Minimum Bonds Trade Size
Unavailable	Unavailable
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
30	4
💪 Professional Leverage
400	Unavailable
✍ Customisable Leverage
No	No
🎲 Deleveraged Trading
No	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	No
📺 MetaTrader 5
No	No
📺 cTrader
No	No
💻 Web trader
Yes	No
💻 TradingView Platform
Yes	No
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
Yes	No
👫 Social Trading
Yes	No
🔑 Guaranteed Stop-loss
No	Yes
🔨 Trailing Stop-loss
Yes	No
Fees
💰 Inactivity Fee
50 units of the account's base currency yearly after 1 year of inactivity.	None
💰 Deposit Fees
Yes on bank transfer withdrawals depending on location (from $10 to $40 on local currency).	None
💰 Withdrawal Fees
None	None
💰 Commissions
None	None
Spreads
📈 EUR/USD
Dynamic - From 1.2 Pips	Unavailable
📉 SP500
Dynamic - From 58 Pips	Unavailable
📈 GOLD
Dynamic - From 41 Pips	Unavailable
📉 TSLA (Stock CFD)
Dynamic - From $1.04	Dynamic - Market spread
📈 XLK (ETF - CFD)
Unavailable	Dynamic - Market spread
📉 BTC
Dynamic - From $51	Unavailable
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	Yes
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
Yes	Yes
📡 Reuters Feed
No	No
📡 Educational Content
Yes	No
📡 Live Chat Support
Yes	Yes
📡 Video Tutorials
No	No
📡 Account Management
No	No
📡 Webinars
No	No