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Bullwaves vs FXCC

Bullwaves or FXCC – which is better for UK traders 2026? Compare Bullwaves and FXCC in this detailed breakdown of their platforms, features and fees.

Bullwaves vs FXCC Comparison Table 2026
Bullwaves	FXCC

3.9	4.6
Bullwaves is ranked #33 among CFD brokers.	FXCC is ranked #28 among CFD brokers.
Review	Review
Founded in 2024 and based in the Seychelles, Bullwaves is a broker exclusively using MetaTrader. It provides access to over 250 assets, encompassing forex, metals, indices, stocks, and ETFs. Traders have a choice of three account types: Classic, VIP, and Elite, tailored to suit varying levels of experience and financial capacity.	FXCC, established in 2010, provides affordable online trading. It operates under Comoros Union registration and CySEC regulation. The broker excels with its ECN trading, no minimum deposit requirement, and swift, under-five-minute account setup.
Pros
Registering on the Bullwaves website and creating an account is straightforward and quick, typically completed in just a few minutes according to trials. Bullwaves has enhanced its portfolio by adding international equities, soft commodities, and ETFs. The range of FX assets has increased threefold. MT5 is now supported as MT4 is no longer available, offering traders a top-notch charting platform with superb backtesting features. Bullwaves introduces copy trading, enabling users to mimic traders' strategies with access to over 900 options. Benefit from tight spreads starting at just 0.01 pips. USDT transactions are supported alongside standard bank cards, bank transfers, and e-wallets. All three accounts provide trading without commission fees, allowing users to trade without additional costs other than the spread.	Over the years, FXCC has expanded its offerings, incorporating MT5 into its platforms, adding hundreds of stocks and more cryptocurrencies, introducing a copy trading feature, and enhancing margin trading options. FXCC's ECN XL account caters to active traders, offering 0.0 spreads with no commission. It also meets our benchmark for execution speed. FXCC offers algo traders a competitive edge with free VPS for eligible users and the capability to create or purchase EAs on MetaTrader. Customer support remains reliant on human agents, delivering live chat responses in under three minutes during our tests. The knowledgeable representatives provide a refreshing alternative to the often frustrating AI chatbots more commonly used by brokers.
Cons
Bullwaves operates outside of regulation in key markets. It holds a licence with the FSA, a 'red tier' regulator, indicating a lack of oversight from respected authorities to enforce robust financial standards. Customer support was dismal during our assessment. Contrary to their advertisement, there was no 24/7 chat service, and our email inquiries went unanswered. Bullwaves lacks educational and research resources, diminishing its attractiveness to novice traders, particularly when compared to leading firms like IG. Despite being a recent entry, the Bullwaves website features numerous non-functional links and placeholder text, undermining trust. A zero-spread trading account is unavailable, which may hinder experienced traders seeking to profit from minor price fluctuations.	FXCC's offshore entity is regulated by MISA, not CySEC, and faces minimal oversight. It may lack protections such as investor compensation if the broker goes insolvent. Despite improvements to the economic calendar, FXCC provides limited market research, restricted to basic daily technical analysis and aggregated news. It lacks tools such as Autochartist and social sentiment data. FXCC imposes high withdrawal fees on numerous payment methods, such as $45 for bank transfers and a 2% charge on cryptocurrency transactions. This may reduce the returns for traders who frequently withdraw funds. While FXCC has expanded its market offerings to include US, European, and Asian stocks, its selection of metals and energies is limited, and soft commodities are absent.
FCA Regulated
No List of FCA Regulated Brokers	No List of FCA Regulated Brokers
Instruments
CFDs, Forex, Commodities, Stocks, Indices, ETFs	CFDs, Forex, Stocks, Indices, Metals, Energies, Crypto
Demo Account
Yes	Yes
Minimum Deposit
$250	$0
Payment Methods
Credit Card Debit Card Mastercard Neteller Visa Wire Transfer	Credit Card Debit Card Mastercard Neteller Skrill Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
FSA	CySEC, MISA
Mobile Apps
iOS & Android	iOS & Android
Trading App
Bullwaves licenses the MT5 platform for iOS and Android. Although MetaTrader attracts seasoned traders, beginners may find the absence of a proprietary app disadvantageous, as specific apps typically offer simpler interfaces and a more gradual learning curve.	FXCC enhances mobile trading with the MT4 app available on iPhone, iPad, and Android. It offers robust charting with 30 indicators, 9 timeframes, and 3 chart types, ideal for traders. Seamless trading through an FXCC ECN XL account involves only 3 straightforward steps. The app enables flexible trading across over 70 currency pairs and diverse global markets anytime, anywhere.
iOS App Rating
4.8	4.8
Android App Rating
4.6	4.4
Margin Trading
Yes	Yes
MetaTrader 4
No	Yes
MetaTrader 5
Yes	Yes
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	No
eSignal
No	No
Trading Central
No	No
STP Account
No	Yes
ECN Account
No	Yes
DMA Account
No	No
MAM Account
No	Yes
PAMM Account
No	Yes
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader	Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes	Yes
Copy Trading Platform
Bullwaves introduces copy trading, allowing users to replicate trades from leading strategy providers. With access to over 900 strategies and competitive spreads starting at just 0.01 pips, traders can easily leverage expert insights.	FXCC is ideal for copy traders acquainted with MetaTrader. Select traders using performance metrics like drawdowns and returns. Manage strategy providers' mirroring by account balance or equity.
Social Trading
Yes	No
VPS Hosting
Yes	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$10	$5
Islamic Account
No	Yes
Account Currencies
USD EUR GBP	USD EUR GBP CAD
Commodities
Gold Silver Oil Gasoline Corn Cocoa	Gold Silver Precious Metals Platinum Palladium Oil
CFD
Bullwaves provides CFDs with leverage up to 1:500, enabling traders to capitalise on short-term price fluctuations. The range of CFDs, however, is somewhat restricted, encompassing 100 currency pairs, six indices, and two metals. While cryptocurrencies are absent, stocks and soft commodities are available.	FXCC provides a modest selection of CFDs in metals, energies, and indices, but boasts hundreds of equities and over two dozen cryptocurrencies. The ECN XL account imposes no constraints on CFD trading strategies. MetaTrader supports this with strong charting tools and risk management features, such as take profit and stop-loss orders.
Leverage
1:500	1:1000
FTSE Spread
Variable	1.10
GBPUSD Spread<
Variable	0.4
Oil Spread
Variable	0.035
Stocks Spread
Variable	0.17 (Apple)
Forex
Bullwaves has enhanced its forex services, now offering over 100 major, minor, and exotic currency pairs through the advanced MetaTrader 5 platform. This platform features an impressive charting suite and backtesting tools.	FXCC champions its competitive forex trading environment. ECN spreads can drop to an impressive 0.0 pips during busy trading periods. Offering more variety than many competitors, it supports over 70 currency pairs. Furthermore, traders benefit from MT4, renowned for its exceptional charting capabilities, specifically designed for forex trading.
Assets
100+	70+
GBPUSD Spread
Variable	0.4
EURUSD Spread
Variable	0.1
EURGBP Spread
Variable	0.4
Cryptocurrency
	FXCC has expanded its cryptocurrency offerings from fewer than 10 to over 30. There are no limitations on trading strategies, and Expert Advisors (EAs) are allowed. Trade digital currencies round the clock, commission-free, with leverage as high as 1:20.
Spread
	Variable
Coins
	BTC BCH ETH LTC XMR DASH XRP ALG ATO AVE AVX AXS BNB BSV CKE DOT ENJ FTM LNK MEL MNA MTC SHB SND SNX SOL TRP UNI WAV XTZ YFI
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Bullwaves	FXCC
Review	Review
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