EightCap
FXCM
Our Rating
96
72

Regulations and Licenses

Feature
EightCap
FXCM
ASIC (Australia)
FCA (UK)
FSCA (South Africa)
CYSEC (Cyprus)
CIRO / IIROC (Canada)
SCB (Bahamas)
Other Regulators

Brokerage

Feature
EightCap
FXCM
EUR/USD Avg. Raw Spread
0.06
0.30
GBP/USD Avg. Raw Spread
0.73
0.90
AUD/USD Avg. Raw Spread
0.27
0.40
EUR/USD Standard Spread
1.0
1.0
EUR/USD Fixed Spreads
-
GBP/USD Avg. Standard Spread
1.0
1.3
AUD/USD Avg. Standard Spread
1.2
0.7
Commissions (USD Base)
$3.50
$3.00
Minimum Deposit
$100
$300
Swap Free Account
No Inactivity Fees
Funding Methods
8+
8+
No Funding Fees

Markets and Instruments

Feature
EightCap
FXCM
Currency Pairs
40+
42+
Cryptocurrency CFDs*
250+
7+
Index CFDs
10+
13+
Share CFDs
400+
15+
Commodities CFD
4+
12+
Stockbroking
-
Retail Max Leverage (Australia)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max Leverage (Australia)
500:1
200:1
Retail Max. Leverage (United Kingdom)
-
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (United Kingdom)
-
200:1
Retail Max. Leverage (Europe)
-
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (Europe)
-
200:1

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

Trading Platforms + Tools

Feature
EightCap
FXCM
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account

Overall

EightCap
FXCM
Our Rating
96
72
 

Our comprehensive comparison covers the 10 most important trading factors. Here are five key differences between Eightcap and FXCM:

  1. Eightcap offers tighter spreads with a minimum of 0.0 pips, compared to FXCM’s minimum of 0.6 pips.
  2. FXCM provides a wider range of trading platforms, including Trading Station, MT4, and NinjaTrader, unlike Eightcap’s sole focus on MetaTrader.
  3. FXCM has a lower minimum deposit requirement of $50, whereas Eightcap requires a minimum of $100.
  4. Eightcap offers a broader selection of financial instruments, including forex, indices, commodities, and cryptocurrencies, surpassing FXCM’s.
  5. Eightcap is known for its faster execution speeds and a lower likelihood of slippage compared to FXCM.