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


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