Two regulated brokers face off on platform choices, pricing structures, and leverage. EightCap stacks advanced charting and more instruments, while FXTM emphasizes higher leverage and broader regulation.
Find out which broker best suits your trader profile.
Choose if…
Choose EightCap if you want advanced charting, a broad instrument universe, and Razor raw pricing that can reduce explicit costs on active trades.
Choose if…
Choose FXTM if you value a low barrier to entry with a $10 micro account and strong educational resources for beginners.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 4.3/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.4 / 5▲ | 4.2 / 5 |
Pros
MT4, MT5, cTrader, and TradingView all available on one account
Capitalise.ai code-free automation included at no extra cost
ASIC (391441) and FCA (921296) dual regulation
Razor account: raw EUR/USD from 0.0 pips at $7 round-turn commission
No minimum deposit on Standard account
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | EightCap | FXTM |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
The scores are close: EightCap rates 4.3/5 and FXTM rates 4.2/5. EightCap has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
EightCap starts from 0 pips, tighter than FXTM's 1.5 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
FXTM has $10, while EightCap requires at least $100. This makes FXTM more accessible for traders with limited starting capital.
Both EightCap and FXTM hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: FXTM requires a lower minimum deposit ($10), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
EightCap lists maximum leverage of 500:1, while FXTM lists up to 1000:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
EightCap charges $7 per lot on commission-based accounts. Commission details for FXTM are not currently available. Check their website for up-to-date pricing.
EightCap supports TradingView, cTrader, MetaTrader 4, MetaTrader 5, while FXTM supports MetaTrader 4, MetaTrader 5. Both provide MetaTrader 4 and MetaTrader 5. EightCap has exclusive access to TradingView and cTrader.
EightCap offers tighter spreads from 0.00 pips vs 1.50 pips for FXTM, reducing trading costs.
FXTM is best for safety & regulation due to FCA and multiple additional regulators.
EightCap is best for active traders due to four-platform access and advanced charting.
EightCap is better suited for scalpers: tighter spreads from 0.00 pips.
EightCap wins platform choice with MT4, MT5, cTrader, and TradingView on one account.
FXTM is best for beginners due to low micro account deposits and strong education.
EightCap offers more instruments, totaling 800 versus FXTM's 600.
Fees & Spreads 30% weight | 4.6 / 5▲ | 3.9 / 5 |
|---|
Platforms & Tools 20% weight | 4.5 / 5▲ | 4.0 / 5 |
|---|
Customer Support 10% weight | 4.2 / 5 | 4.3 / 5▲ |
|---|
| Founded | 2009 | 2011 |
|---|
| Headquarters | Melbourne, Australia | Limassol, Cyprus |
|---|
| Min Deposit | $100 | $10▼ lower |
|---|
| Spreads From | 0 pips▼ lower | 1.5 pips |
|---|
| Commission / lot | $7/lot | N/A |
|---|
| 0.7 pips | N/A |
| Max Leverage | 500:1▲ higher | 1,000:1 |
|---|
| Inactivity Fee | $10/month (after 12 months) | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerCrypto | Bank transferCredit cardDebit cardSkrillNetellerFasaPay |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerCrypto | Bank transferCredit cardSkrillNetellerFasaPay |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | ASIC FCA SCB | CySEC FCA FSCA FSC |
|---|
| Platforms | TradingView cTrader MetaTrader 4 MetaTrader 5 | MetaTrader 4 MetaTrader 5 |
|---|
| Active bonuses |
|---|
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
Low $10 minimum deposit on Micro accounts
Strong copy trading via FXTM Invest platform
Extensive education, webinars, video courses, and market analysis
Multilingual support in 20+ languages
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
Raw spread account available
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Cons
$100 minimum on Razor ECN account
Shorter public track record than IC Markets or Pepperstone
Research and educational content thinner than larger peers
Not available to US residents
No proprietary platform
Cons
Standard account spreads are not ECN-competitive
Platform choice limited to MT4 and MT5
Mauritius FSC entity offers less investor protection than FCA/CySEC
No proprietary platform
Limited charting capabilities
EightCap and FXTM remain closely matched, with FXTM's higher leverage (1000:1) as the clearest differentiator.
Dig deeper into each broker’s features, fees, and regulation.
Score 4.2 / 5
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