Webull vs FXCM : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Webull

FXCM

Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

Self-directed retail brokerage platform

Market maker

Years of Existence / Established Year

2017

1999

Customer Base / Number of Accounts

20 Million

No information

Regulation & Security

Regulations (governing bodies)

SEC, FINRA

FCA, CySEC, ASIC, FSCA, ISA

Awards Won (count for the last 2 years)

2024 Global Private Banking Awards

Best In Class 2024 - ForexBrokers.com

Security Measures

SIPC, FIDC, Apex Clearing Corp upto $150 million

FSCS

SSL Encryption / 2FA

Yes

Segregated Funds

Yes

Negative Balance Protection

Yes

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

3,300 ETFs including OTC, Margin, Index options, US treasuries bonds

10,000+ trading instruments shares

Currency Pairs

Yes

Commodities

Yes

Indices

Yes

Cryptocurrencies

Yes

CFDs

Yes

ETFs

Yes

Stocks

Yes

Options

Yes

Futures

Yes

Bonds

Yes

Mutual Funds

Yes

Fractional Shares

Yes

Exchange Traded Notes (ETNs)

Precious Metals

Yes

Real Estate Investment Trusts (REITs)

Equities

Yes

Trading Platforms & Technology

Trading Platform Availability

Yes

MT4

Yes

MT5

cTrader

Social Trading

Yes

Copy Trading

Yes

Other Trading Platforms (proprietary, etc.)

Desktop, Web, and Mobile apps

Trading station, Trading View Pro

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Individual, IRA, Futures, Advisor, Entity

Standard, Active trading, Spread betting, Professional

Demo Account (Yes/No)

Yes

Islamic Accounts (Yes/No)

Yes

Minimum Deposit

$50

Leverage Available

4:1 to 2:1

30:1 to 1000:1

Trade Limit (maximum per trade)

Unlimited number of day trades

50 million per trade

Commission (per account type)

$ 4 / lot

Best Suited For (e.g., beginners, experienced traders)

Beginners, Active and passive investor

Active and experienced traders

Deposit & Withdrawal Options

Deposit Methods

Bank linking, ACH, Wire Transfer, Debit card funding, Recurring deposit

Debit/Credit Card Via mobile app, Bank wire, China online payment, Crypto

Withdrawal Methods

ACH withdrawals

Debit/Credit Card, Bank Wire, Local Bank Transfer, and Online Bank Transfer.

Other E-Wallets Supported

Skrill, Neteller, Google pay, Apple pay

Tools & Educational Resources

Economic Calendar

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Trading Education, Market News and Analysis, Webinars and Live Events, Trading Simulator, Financial Insights and Research

Education, Trading Guides, Trading Tools, Research

Fees & Commissions

Trading-Related Fees

Regulatory Transaction Fee- $0.0000278*Total $ Trade Amount, Regulatory Fee- $0.000166 * Total Trade Volume Min $0.01 per - Max $8.30 per, CAT Regulatory Fees- $0.000052 * Total Trade Volume, Low-Priced Securities- $0.0002 per share, F-stocks (foreign settlement)- Buys: $5.00 per trade, Sells: $0.05 per trade, liquidity Charge- Minimum Overnight Interest Rate: 15% Fee: $250, CAT Regulatory Fees- Buys & Sells: $0.00000072 * Total Trade Volume

Spread- 1.3 pips

Spread (typical, fixed, variable)

Variable

Typical

Per Lot Fees

Options Contract Fees

$0.10 per contract

Futures Contract Fees

$1.50

Markup Fees on Spread

1.50%

Guaranteed Stop Loss Fees

Maximum Leverage

4:1

1000:1

Non-Trading Fees

Dormant Fees

$50

Subscription Fees (for premium features, data feeds)

Advisory Fees

$30

Swap Fees (Overnight Financing)

Statement or Document Fee

$2 for each confirmation, $5 for each account statement, and $2.5 for each prospectus mailing

Account Opening Fee

Account Maintenance Fee

$25

Deposit Fee

$8 for deposits in the U.S., $12.5 for international deposits

Currency Conversion Fee

$10

Withdrawal Fee

$25 for withdrawals in the U.S, and $45 for international withdrawals

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

Trading Hours

Trading Hours (for each asset class if applicable)

Pre-market trading from 4:00 AM to 9:30 AM EST

Varies by product

Customer Support

Support Hours (e.g., 24/7, weekdays only)

24/7

24/5

Customer Support Methods (phone, email, live chat)

E-mail: [email protected], call :1-888-828-0618, in app chat

WhatsApp: +44 7537 432259 (message only), Email: [email protected], Live chat, Request a call

Support Languages

15+

Additional Information

Headquarters Location

44 Wall Street, New York City

London, United Kingdom

Complaints (for crypto brokers)

At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.

Webull is known for competitive pricing on basic trades, especially for beginners. However, FXCM fee structure, though slightly higher, covers a broader range of services, making it more suitable for active traders.

Account approval at Webull is usually completed within hours, often with automated ID checks. FXCM might take longer due to manual reviews, but provides in-depth onboarding support along the way.

If you're trading on-the-go, Webull mobile platform is fluid and intuitive. FXCM desktop and web apps are more robust, making them suitable for in-depth trading sessions.

Webull stands out for active traders with robust tools, while FXCM suits investors seeking simplicity and ease of use.

Explore More Broker Matchups

Here are more Comparisons to help you choose wisely

Compare Webull and Exness

Compare Webull and Eightcap

Compare Webull and City Index

Compare FXCM and eToro

Compare FXCM and Trade Nation

Compare FXCM and HFM

Our Latest Contents

Stay updated with our newest insights and guides!

Top Broker Reviews

Discover brokers trusted by global traders.

Select Your Brokers to Compare