BlackBull vs FXCC - Trading Brokers Comparison

BlackBull vs FXCC | ECN Broker Comparison

BlackBull Markets vs FXCC Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarkets
$200MT460+
$100MT445+

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. All accounts welcome Scalpers, allow hedging and EAs, provide live news updates, technical analysis, trading tools and an economic calendar on the FXCC website, and offer a personal account manager.
  • FXCC's ECN Standard account has a minimum deposit of $100, the ECN XL account has a minimum deposit of $500 and the ECN Advanced account has a minimum deposit of $100,000. All accounts charge commissions, except for the ECN XL account which does not charge commissions for deposits less than or equal to $10,000. The ECN Advanced account offers more Forex pairs and also offers Indices.

Markets

  • BlackBull offers Forex, Indices, Energy, Cryptocurrencies and Precious Metals, with 60+ available.
  • FXCC offers 50, covering Forex, Indices and Precious Metals on the ECN Advanced account. On the ECN Standard and the ECN XL account, FXCC offers 30, covering Forex and Precious Metals.

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 Standard account charges commissions of 0.75 pips per lot per side for Forex and $7.5 per lot per side for Metals.
  • For deposits of less than or equal to $10,000, FXCC's ECN XL account does not charge commissions and for deposits greater than $10,000 the ECN XL account charges commissions of 0.3 pips per lot per side.
  • 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 has 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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