Eightcap vs FXCM
Eightcap or FXCM – which is better for UK traders 2025? Compare Eightcap and FXCM in this detailed breakdown of their platforms, features and fees.
| Eightcap | FXCM |
|---|---|
 |
 |
|
|
| Eightcap is ranked #10 among CFD brokers. | FXCM is ranked #25 among CFD brokers. |
| Eightcap, an acclaimed broker regulated by the FCA, offers exceptionally low trading costs. Recognised as the top-rated brand by TradingView's vast user base of 100 million, traders can directly access the platform. UK traders can open a live account with a minimum deposit of just £100. | FXCM, a reputable forex and CFD broker founded in 1999, is headquartered in the UK. It has garnered multiple accolades and operates in several regions, including the UK and Australia. Offering more than 400 assets and comprehensive analysis tools without any commission charges, FXCM is a favoured option among traders. The broker is also under the regulation of leading bodies such as the FCA, ASIC, CySEC, FSCA, and BaFin. |
| Pros | |
|
|
| Cons | |
|
|
| Awards | |
|
|
| FCA Regulated | |
| Yes | Yes |
| Instruments | |
| CFDs, Forex, Stocks, Indices, Commodities | Forex, Stock CFDs, Commodities CFDs, Crypto CFDs |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| £100 | $50 |
| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | Variable |
| Regulator | |
| ASIC, FCA, CySEC, SCB | FCA, CySEC, ASIC, FSCA, BaFin, CIRO |
| Mobile Apps | |
| iOS & Android | iOS and Android |
| Trading App | |
| Eightcap offers MT4, MT5, and TradingView apps, being the sole FCA-regulated broker with TradingView, ideal for mobile traders seeking advanced charting. Although MetaTrader's design feels dated, its numerous technical indicators, drawing tools, diverse chart styles, and simple horizontal overlays are impressive. Push notifications and an active social network on TradingView are beneficial for traders, with Eightcap providing guidance videos on linking TradingView to iOS and Android. | |
| iOS App Rating | |
|
|
|
| Android App Rating | |
|
|
|
| Margin Trading | |
| Yes | Yes |
| MetaTrader 4 | |
| No | Yes |
| MetaTrader 5 | |
| Yes | No |
| cTrader | |
| No | No |
| AlgoTrader | |
| No | No |
| OmniTrader | |
| No | No |
| TradingView | |
| Yes | Yes |
| Autochartist | |
| No | No |
| eSignal | |
| No | No |
| Trading Central | |
| No | No |
| STP Account | |
| No | No |
| ECN Account | |
| Yes | No |
| DMA Account | |
| No | No |
| MAM Account | |
| Yes | Yes |
| PAMM Account | |
| No | No |
| 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 | Yes |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | No |
| Auto Trading | |
| TradingView Bots | |
| Copy Trading | |
| No | Yes |
| Copy Trading Platform | |
| FXCM provides social and copy trading options for forex, CFDs, and cryptocurrencies via the widely-used ZuluTrade platform. Registration is swift, and you can monitor your trading outcomes instantly. | |
| Social Trading | |
| Yes | Yes |
| Trade Signals | |
| Yes | |
| VPS Hosting | |
| Yes | No |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | Yes |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $0 | |
| Islamic Account | |
| Yes | Yes |
| Account Currencies | |
|
|
| Commodities | |
|
|
| CFD | |
| Eightcap provides an extensive selection of trading options with over 800 CFDs covering equities, indices, bonds, commodities, and digital currencies, subject to regional availability. Traders can access leverage ranging from 1:30 to 1:500. The platform is distinguished by its sophisticated tools, including an AI-powered economic calendar that tracks over 25 countries with filters for varying impact levels. Despite these strengths, Eightcap's selection of commodities, especially softs such as cotton and wheat, along with its range of precious metals and energy assets, remains limited and could benefit from further development. | You can engage in trading various CFD instruments, such as forex, shares, indices, and commodities. Traders have access to a superb choice of platforms, including TradingView and MT4. Additionally, advanced trading tools like API solutions cater to experienced algorithmic traders. |
| Leverage | |
| 1:30 | 1:400 |
| FTSE Spread | |
| 1.2 | 1.18 pts var* |
| GBPUSD Spread< | |
| 0.1 | 0.5 pips* |
| Oil Spread | |
| 0.03 | 0.05 (var)* |
| Stocks Spread | |
| 0.03 (Apple Inc) | 0.2% Var* |
| Forex | |
| Eightcap provides over 50 currency pairs, matching the industry norm but falling short of leaders like CMC Markets, which offers more than 300. Nonetheless, Eightcap distinguishes itself with institutional-quality spreads starting from 0.0 pips on major pairs such as EUR/USD. The broker's competitively low commissions at $3.50 per side further enhance its appeal. Eightcap also equips traders with comprehensive forex data, including essential fundamentals, bullish and bearish signals, and a calendar monitoring significant foreign exchange market events. | FXCM provides a selection of over 40 currency pairs. There are no commission charges, and spreads are competitive, starting at 0.78 pips for EUR/USD. Additionally, the broker features three forex baskets, focusing on USD, Yen, and emerging market benchmarks. |
| Assets | |
| 50+ | 40 |
| GBPUSD Spread | |
| 0.1 | 0.5 pips var* |
| EURUSD Spread | |
| 0.0 | 0.2 pips var* |
| EURGBP Spread | |
| 0.1 | 0.5 pips var* |
| Currency Indices | |
|
|
| Cryptocurrency | |
| Eightcap provides an outstanding crypto trading service with over 120 crypto derivatives, outperforming nearly all alternatives. Testing shows Bitcoin spreads are at a competitive 12 pips, lower than many rivals. With easy crypto deposits and withdrawals, Eightcap is the ideal choice for committed crypto traders. | Trade popular digital currencies with no commission and leverage. FXCM offers a crypto basket, providing exposure to Bitcoin, Ethereum, Litecoin, and Bitcoin Cash in a single trade. |
| Spread | |
| $12 (BTC) | Variable |
| Coins | |
|
|
| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
| Eightcap | FXCM |
| More Comparisons | |
|
Eightcap vs |
FXCM vs |