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Bullwaves vs FXCC

Bullwaves or FXCC – which is better for UK traders 2025? Compare Bullwaves and FXCC in this detailed breakdown of their platforms, features and fees.

Bullwaves vs FXCC Comparison Table 2025
Bullwaves	FXCC

3.9	4.5
Bullwaves is ranked #18 among CFD brokers.	FXCC is ranked #3 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, a well-established brokerage since 2010, offers cost-effective online trading. Registered in Nevis and regulated by CySEC, it is distinguished by its ECN conditions and absence of a minimum deposit requirement. The account opening process is efficient, taking under five minutes.
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.	FXCC has introduced MT5, which in our evaluations, mirrored the trading conditions of MT4 by offering swift execution, improved charting, and market depth tools. FXCC offers competitive and transparent ECN spreads starting from 0.0 pips, with no commissions. This makes it one of the most cost-effective forex brokers available. The complimentary education section, featuring the 'Traders Corner' blog, provides a wide array of resources suitable for traders of all experience levels. There are no deposit fees other than standard cryptocurrency mining charges, which benefits active traders. FXCC is a trusted and licensed broker under the regulation of CySEC, a leading European authority ensuring excellent safeguarding standards. There are no limitations on short-term trading techniques such as trading and scalping.
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 exclusive MetaTrader platform is a limitation, especially when compared to more versatile options like AvaTrade, which offers five different platforms to cater to various trader needs. While the MetaTrader suite excels in technical analysis, its outdated design detracts from the overall trading experience, particularly when contrasted with contemporary platforms such as TradingView. The range of research tools, such as Trading Central and Autochartist, is quite limited. Leading platforms in this category, like IG, offer more advanced features. The variety of currency pairs surpasses most options, but the choice of other assets is limited. Notably, stocks are absent. Unaware traders might face steep withdrawal fees, such as a notable $45 for bank transfers.
Awards
	Best STP Broker 2019 - World Finance Magazine Awards Best Trading Account (XL Account) 2019 - World Finance Magazine Awards Best Trading Account (XL Account) Europe 2018 - Global Banking & Finance Awards Best STP Broker Europe 2018 - Global Banking & Finance Awards Best Trading Account (XL Account) 2018 - JFEX Awards Best MT4 Broker 2018 - JFEX Awards Best Islamic Forex Broker (XL Account) 2018 - MENA Forex Show Awards Best STP/ECN Forex Broker 2018 - MENA Forex Show Awards Best Forex Trading Account 2017 - UK Forex Awards
FCA Regulated
No List of FCA Regulated Brokers	No List of FCA Regulated Brokers
Instruments
CFDs, Forex, Commodities, Stocks, Indices, ETFs	CFDs, Forex, Indices, Commodities, Crypto
Demo Account
Yes	Yes
Minimum Deposit
$250	$0
Payment Methods
Credit Cards Debit Card Mastercard Neteller Visa Wire Transfer	Credit Cards Debit Card Mastercard Neteller Paysafecard Rapid Transfer Skrill Sofort Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
FSA	CySEC
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 via the MT4 app on iPhone, iPad, and Android, ideal for traders. The app boasts dependable, advanced charting with 30 indicators, 9 timeframes, and 3 chart types. With an FXCC account, traders can effortlessly start trading on the MT4 app in only three steps. Enjoy the convenience of trading over 70 currency pairs and other top 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	No
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.
Social Trading
Yes	No
Trade Signals
	Yes
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
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 beside forex, including metals, energies, indices, and cryptos. Nevertheless, it distinguishes itself by offering high leverage of up to 1:500. This feature appeals to seasoned traders wishing to enhance their purchasing power while betting on market fluctuations.
Leverage
1:500	1:500
FTSE Spread
Variable	Variable
GBPUSD Spread<
Variable	1.0
Oil Spread
Variable	0.03
Stocks Spread
Variable	NA
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	1.0
EURUSD Spread
Variable	0.2
EURGBP Spread
Variable	0.5
Cryptocurrency
	FXCC provides access to eight popular cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. Traders can utilise high leverage, up to 1:10 for Bitcoin and 1:5 for other cryptocurrencies. All trading strategies are allowed, with the use of Expert Advisors (EAs) permitted.
Spread
	Variable
Coins
	BTC BCH ETH LTC XMR ZEC DAS XRP
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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