BlackBull vs FXCC - Trading Brokers Comparison

BlackBull vs FXCC | ECN Broker Comparison

BlackBull Markets vs FXCC Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarkets
$200MT460+
$100MT425+

BlackBull and FXCC Comparison

Both brokers offer ECN trading with MetaTrader 4 (MT4). Each allows the use of MT4 automated trading strategies (Expert Advisors). Both brokers provide accounts which charge commissions and can offer low Forex spreads, however FXCC can also offer ECN caliber spreads, without a commission charge, though there are restrictions on the account size. BlackBull provides a wider range of markets than FXCC.

Quick comparison

Both provide MT4 and offer ECN trading. BlackBull has a wider range of markets to trade.

Minimum deposit and account types

The minimum deposit for BlackBull is $200. The minimum deposit for FXCC is $100.

  • BlackBull offers an ECN Standard account with a minimum deposit of $200 and an ECN Prime account with a minimum deposit of $2000. It has an Islamic account for each of these account types. BlackBull also offers an ECN Institutional account with a minimum deposit of $20,000. The minimum trade size is 0.01 lots. BlackBull offers an FX Academy and Market Analysis on its site.
  • BlackBull's ECN Standard account does not have a commission charge, thus can offer higher spreads compared with its other accounts which charge commissions.
  • FXCC provides three account types. These are the ECN Standard account, the ECN XL account and the ECN Advanced account. FXCC's ECN XL account has a minimum deposit of $100, the ECN Standard account has a minimum deposit of $10,000 and the ECN Advanced account has a minimum deposit of $100,000.
  • All FXCC account types provide the MT4 platform, ECN/STP order execution, mobile trading, free technical analysis, SMS notifications, VPS, Economic Calendar and Trading Tools, allow Expert Advisors, scalping and hedging and provide a personal account manager. The ECN XL account additionally can offer zero commissions (T&Cs apply) and zero mark-up. The ECN Advanced account provides more markets to trade than the other account types (200+ vs 30). All trading styles are allowed at FXCC and a news feed and analysis is available on the website.

Markets

  • BlackBull offers Forex, Indices, Energy, Cryptocurrencies and Precious Metals, with 60+ available.
  • On the ECN Standard and the ECN XL account, FXCC offers 30, covering Forex and Precious Metals. On the ECN Advanced account, FXCC provides 200+ markets.

Cryptocurrency CFDs

  • BlackBull offers Bitcoin, Ethereum, Litecoin and DASH.

Spreads and leverage

  • BlackBull can offer low Forex spreads plus a commission charge. BlackBull can additionally offer Forex spreads from 0.8 without a commission charge while FXCC can additionally offer low Forex spreads without a commission charge.

Maximum leverage for BlackBull is 500:1. Maximum leverage for FXCC is .

Commission charge

  • BlackBull does not charge a commission on its ECN Standard account and charges commission of $3 per lot per side on its ECN Prime account. For its ECN Institutional account, commissions are negotiable.
  • FXCC's ECN XL account does not charge commissions.
  • FXCC's ECN Standard account charges commissions of 0.75 pips per lot per side for Forex and $7.5 per lot per side for Metals.
  • FXCC's ECN Advanced account charges commissions of 0.4 pips per lot per side for Forex and $4 per lot per side for Metals, Energy and Indices.

Platforms

Both provide MT4.

Why BlackBull or FXCC ?

Traders who want to use MT4 in an ECN trading environment can consider either broker. Both allow the use of MT4's automated trading strategies (Expert Advisors). FXCC can offer an account which has ECN caliber spreads without a commission charge (its ECN XL account). BlackBull has a wider range of markets especially compared with the ECN XL account.

Comparison summary

  • Both provide CFD trading
  • Each offers MT4
  • Both provide trading with a commissions charge, and can offer low Forex spreads
  • FXCC has an account (ECN XL) which can offer ECN caliber spreads without a commission charge, but there are limitations on the size of the account and it has a reduced range and number of markets
  • BlackBull has a wider range of markets to trade

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