Broker comparison

Eightcap vs FXTM Comparison

Compare trading conditions, commissions and platforms of Forex brokers Eightcap and FXTM. Find out which broker is best for you.

VS summaryScores and ranking at a glance
EightcapHigher ranked
Rating
4.5/5
Rank
#10
Register

Trading CFDs carries high risks. You may lose all invested funds

FXTM
Rating
4.1/5
Rank
#41
Register

75% of retail investors lose money when trading CFDs with this broker

  • Conditions, fees and platforms compared
  • Ratings and ranking positions checked
  • Based on our review methodology
How we compare brokers
Updated
Author · Editor

We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.

Who is better - Eightcap or FXTM?

Quick comparison

Key differences between the brokers

Below, we show only the differences in trading conditions covered in our reviews. These may include the minimum deposit, available markets, platforms and account types. Compare these details with your requirements.

Methodology

Ratings and ranks

Eightcap ranks higher in the editorial ranking.
Eightcap
Rating: 4.5/5Rank: #10
FXTM
Rating: 4.1/5Rank: #41

Eightcap

Minimum deposit · USD
100 USD
Different platforms
  • TradingView
Different markets
  • Soft Commodities
  • ETF

FXTM

Minimum deposit · USD
10 USD
Different platforms
None listed
Different markets
None listed

This material is not personalized financial advice. Terms and service availability vary by country.

Full broker ranking

Comparison Table of Eightcap and FXTM

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Overview: comparison of Eightcap, FXTM
BrokerEightcapFXTM
Foundation Year
2015
2011
Regulated in Countries
Australia, United Kingdom, Cyprus, Bahamas
Cyprus, United Kingdom, Mauritius, Kenya
Minimum Deposit
  • 100 AUD
  • 100 CAD
  • 100 EUR
  • 100 GBP
  • 100 NZD
  • 100 SGD
  • 100 USD
  • 10 EUR
  • 10 GBP
  • 10000 NGN
  • 10 USD
Spread
from 0 points
from 0.1 points
Max Leverage
1:500
1:2000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • TradingView
  • MetaTrader 4
  • MetaTrader 5
Review

Eightcap Review

Eightcap Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Cryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5TradingView

Eightcap is a modern broker with reliable regulation, convenient MT4, MT5, and TradingView platforms, and a wide selection of instruments, including over 160 cryptocurrency CFDs. It suits traders who value technology, fast market access, and competitive trading conditions. The broker will be especially interesting for active traders and those who use CFD instruments, but is less convenient for investors seeking passive trading solutions.

Pros and Cons of Eightcap

Pros

  1. Support for popular platforms MT4, MT5, and integration with TradingView.
  2. Over 800 trading instruments, including 160+ cryptocurrency CFDs.
  3. Regulated by ASIC, FCA, CySEC, and SCB.
  4. Convenient deposit and withdrawal methods with no fees.
  5. Modern analytics tools: AI economic calendar and FlashTrader for MT5.

Cons

  1. No cent or Islamic accounts.
  2. No passive trading solutions (copy trading, PAMM).

Eightcap is in the top 10 of the following ratings:

FXTM Review

FXTM Logo
Register75% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Indices Stocks Cryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5

FXTM stands out in the market due to its wide range of trading instruments, including many currency pairs, stocks, metals, and other products. It makes it attractive to traders looking to diversify their portfolios. Support for various devices' popular MT4 and MT5 platforms ensures trading flexibility and accessibility. In addition, FXTM offers competitive commission terms on the Advantage account, making it a favorable choice for active traders. The availability of educational materials such as e-books, videos, and webinars supports beginners and helps them develop their trading skills. With no deposit fees, the variety of deposit and withdrawal methods is convenient for clients worldwide.

FXTM is ideal for traders seeking various trading instruments and flexible platforms. It will be especially attractive for beginners due to its extensive training resources and for active traders interested in using an Advantage account to minimize commissions.

Pros and Cons of FXTM

Pros

  1. A wide range of trading assets.
  2. Low fee per transaction.
  3. Availability of popular trading platforms.
  4. Availability of educational materials.
  5. A variety of deposit and withdrawal methods.

Cons

  1. Issues with technical support.
  2. High spreads.

Reliability

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Reliability: comparison of Eightcap, FXTM
BrokerEightcapFXTM
Reliability
5/5
5/5
Foundation Year
2015
2011
Regulated in Countries
Australia, United Kingdom, Cyprus, Bahamas
Cyprus, United Kingdom, Mauritius, Kenya
Regulators

Eightcap

Eightcap demonstrates a high level of reliability thanks to licenses from ASIC, FCA, CySEC, and SCB, as well as segregated accounts, ensuring transparency and client protection.

Pros

  1. Regulated by multiple reputable authorities
  2. Segregated client accounts
  3. International presence

FXTM

Broker FXTM demonstrates high reliability due to strict regulation and additional protective measures.

Pros

  1. Regulation by authoritative bodies (CySEC, FCA).
  2. Membership in the Financial Commission.
  3. Presence of a Compensation Fund.

Account Opening

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Account Opening: comparison of Eightcap, FXTM
BrokerEightcapFXTM
Account Opening
5/5
5/5
Minimum Deposit
  • 100 USD
  • 100 EUR
  • 100 GBP
  • 100 AUD
  • 100 NZD
  • 100 CAD
  • 100 SGD
  • 10 USD
  • 10 EUR
  • 10 GBP
  • 10000 NGN

Eightcap

Opening an account with Eightcap is fast and convenient: registration takes a few minutes, and verification is completed within a day.

Pros

  1. Fast online registration
  2. Convenient login via Google/Facebook
  3. Low minimum deposit

FXTM

Opening an account with FXTM is a simple and fast process.

Account Types

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Account Types: comparison of Eightcap, FXTM
BrokerEightcapFXTM
Account Types
3/5
4.5/5
Trading Accounts
  • Standard
  • Raw
  • Micro
  • Advantage
  • Advantage Plus
Minimum Deposit
  • 100 USD
  • 100 EUR
  • 100 GBP
  • 100 AUD
  • 100 NZD
  • 100 CAD
  • 100 SGD
  • 10 USD
  • 10 EUR
  • 10 GBP
  • 10000 NGN
Spread
from 0 points
from 0.1 points
Max Leverage
1:500
1:2000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • TradingView
  • MetaTrader 4
  • MetaTrader 5
Demo Account
Yes
Yes
Swap-free Account
No
Yes

Eightcap

Eightcap's account types cover traders' basic needs, offering a choice between Standard and Raw, but there are no cent, Islamic, or passive trading accounts.

Pros

  1. Conditions for beginners and pros

Cons

  1. No cent accounts
  2. No Islamic accounts
  3. No copy trading/PAMM

FXTM

FXTM offers a variety of accounts and services, meeting the needs of different traders.

Pros

  1. Wide selection of account types.
  2. Additional services such as VPS.
  3. Suitable for traders of different levels.

Cons

  1. Lack of fixed spread accounts.

Commissions

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Commissions: comparison of Eightcap, FXTM
BrokerEightcapFXTM
Commissions
4/5
3/5
Spread
from 0 points
from 0.1 points
Average Spread (EURUSD)
1.1
—
Commission
per 1 lot$3.50
per $1M turnover$20.00

Eightcap

Eightcap's fees are competitive: low spreads, an average commission on Raw, and no hidden charges make trading transparent and convenient.

Pros

  1. No inactivity fee
  2. Free deposits and withdrawals
  3. Tight spreads

Cons

  1. Market-average per-lot commission on the Raw account

FXTM

FXTM's commissions are average, with low per-trade commission but higher-than-average spreads.

Pros

  1. Low per-trade commission.

Cons

  1. High spreads.
  2. Inactivity fee for account.

Deposit and Withdrawal

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Deposit and Withdrawal: comparison of Eightcap, FXTM
BrokerEightcapFXTM
Rating
5/5
4/5
Account Funding Methods
  • PayPal
  • Bpay
  • Skrill
  • Neteller
  • Interac
  • FasaPay
  • Dragonpay
  • Bank Transfer
  • Visa
  • Mastercard
  • UnionPay
  • Skrill
  • FasaPay
  • WebMoney
  • YooMoney
  • Qiwi
  • PayRedeem
  • Visa
  • Mastercard
  • Maestro
  • Альфа Банк
  • Dotpay

Eightcap

Eightcap provides convenient and fast money operations: fee-free deposits, quick withdrawals, and a wide choice of methods make the process simple and accessible.

Pros

  1. Fee-free deposits
  2. Fast withdrawals
  3. Support for cards, e-wallets, and cryptocurrencies

FXTM

FXTM offers a variety of convenient methods for depositing and withdrawing funds, meeting the needs of traders.

Pros

  1. Numerous available methods.
  2. Instant fund crediting.
  3. Most operations without commission.

Cons

  1. May have withdrawal fees.
  2. Possible processing time restrictions.

Markets and Products

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Markets and Products: comparison of Eightcap, FXTM
BrokerEightcapFXTM
Markets and Products
5/5
4.6/5
Forex
57
48
Precious Metals
13
3
Energy Carriers
3
3
Soft Commodities
6
-
Indices
21
13
Stocks
505
640
ETF
36
-
Cryptocurrency
163
11

Eightcap

Eightcap offers a wide range of markets—from Forex and commodities to ETFs and 160+ cryptocurrencies—making the broker attractive for active traders.

Pros

  1. Wide range of assets
  2. Over 160 cryptocurrency CFDs
  3. Support for CFDs on stocks, ETFs, and indices

FXTM

FXTM offers a variety of markets.

Pros

  1. Ability to invest in US stocks.
  2. Large number of CFDs for trading.

Cons

  1. No soft commodities.

Trading Platforms

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Trading Platforms: comparison of Eightcap, FXTM
BrokerEightcapFXTM
Rating
5/5
4/5
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • TradingView
  • MetaTrader 4
  • MetaTrader 5

Eightcap

Eightcap offers convenient platforms MT4, MT5, and TradingView, combining proven functionality with modern analysis tools.

Pros

  1. Support for MT4 and MT5
  2. Integration with TradingView
  3. Mobile and web versions

Cons

  1. No proprietary platform

FXTM

The broker offers reliable and proven MT4 and MT5 platforms, ensuring flexibility in trading.

Pros

  1. Availability on various devices (Windows, Android, iOS).
  2. Support for automated trading.
  3. Ability to choose between MT4 and MT5.

Cons

  1. Lack of a proprietary unique platform.
  2. Web version only available for MT4.

Analytics

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Analytics: comparison of Eightcap, FXTM
BrokerEightcapFXTM
Rating
4/5
4/5

Eightcap

Eightcap's analytics combine innovation (AI calendar, FlashTrader) and insights, but in terms of the volume of expert reviews, it lags behind market leaders.

Pros

  1. AI economic calendar
  2. FlashTrader for MT5
  3. Trade Zone with forecasts

Cons

  1. Limited analytics coverage

FXTM

The broker offers a strong analytical section.

Pros

  1. Daily automated trading signals.
  2. Economic calendar in the personal account.
  3. A variety of tools for analysis.

Cons

  1. Outdated video reviews.
  2. Lack of regular analytical updates from experts.

Education

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Education: comparison of Eightcap, FXTM
BrokerEightcapFXTM
Rating
4/5
3.5/5

Eightcap

Eightcap's educational materials cover the basics and strategies, offering articles, e-books, webinars, and video lessons, but lag behind market leaders in depth.

Pros

  1. Variety of formats
  2. Practical strategies

Cons

  1. No step-by-step courses
  2. No podcasts or interactive quizzes

FXTM

The broker's educational materials are of average quality with diverse content.

Pros

  1. Diversity of materials (videos, books).
  2. Useful for traders of different levels.

Cons

  1. Outdated webinars.
  2. Irrelevance of some materials.

Customer Support

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Customer Support: comparison of Eightcap, FXTM
BrokerEightcapFXTM
Rating
5/5
3.5/5
Email Support
Hotline Phones
Social Media

Eightcap

Eightcap's support is efficient and available 24/5: quick responses in chat and the professionalism of specialists make it a reliable tool for clients.

Pros

  1. 24/5 live chat
  2. Local contacts
  3. Qualified support

Cons

  1. Sometimes standard responses during peak hours

FXTM

FXTM's customer support offers various channels of communication, but reviews about it are mixed.

Pros

  1. Variety of communication channels.
  2. There are positive customer reviews.

Cons

  1. Delays in responses.
  2. There are ambiguous customer reviews.

Comparisons of Eightcap and FXTM with other brokers

Conclusion

When choosing between Eightcap and FXTM, match their platforms, markets, account types and funding terms to your needs.

Before opening an account, verify fees, regulation, support and service availability for your country in the sections above.

FAQ

Which broker is better: Eightcap or FXTM?

Eightcap ranks higher than FXTM in our editorial ranking. That does not make it a universal choice: compare fees, markets, platforms, account types and support.

Which broker is better for beginners: Eightcap or FXTM?

Beginners should compare availability in their country, account types, minimum deposit, trading platforms and customer support.

Who has lower typical trading costs (spreads/commissions) — Eightcap or FXTM?

It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.

What trading platforms are available with Eightcap and FXTM?

Eightcap: MetaTrader 4, MetaTrader 5, TradingView. FXTM: MetaTrader 4, MetaTrader 5. See the “Platforms” section for details and selection tips.

What markets can you trade with Eightcap and FXTM?

Eightcap: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Cryptocurrency. FXTM: Forex, Precious Metals, Energy Carriers, Indices, Stocks, Cryptocurrency. Full lists and differences are in the “Markets” section.

What account types are offered by Eightcap and FXTM?

Eightcap: Standard, Raw. FXTM: Micro, Advantage, Advantage Plus. See “Account Types” for a side-by-side comparison.

What deposit and withdrawal methods are supported by Eightcap and FXTM?

Eightcap: PayPal, Bpay, Skrill, Neteller, Interac, FasaPay, Dragonpay, Bank Transfer, Visa, Mastercard, UnionPay. FXTM: Skrill, FasaPay, WebMoney, YooMoney, Qiwi, PayRedeem, Visa, Mastercard, Maestro, Альфа Банк, Dotpay. Check method-specific fees/settlement times.

Which broker is safer — Eightcap or FXTM — and how was this assessed?

We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.