Eightcap vs FXTM
Side-by-side comparison of regulation, trading costs, platforms, and account types for Eightcap and FXTM.
EightcapTrust 8.4/10
ASIC
CySEC
SCB
FSA-Seychelles
AU-based broker (founded 2009). Strong crypto CFD coverage and TradingView integration. Raw spreads with $7/lot commission. Smaller than Pepperstone but rapidly growing.
FXTMTrust 8.0/10
FCA
CySEC
FSCA
FSC-Mauritius
Multi-regulated broker with deep penetration in African and Asian markets, and a tiered Advantage account that scales commissions down with volume. Strong reputation for local payment options and education.
Quick verdict
- Trust: Eightcap has the higher trust score.
- EUR/USD spread: FXTM is tighter on EUR/USD.
Side-by-side comparison
| Feature | Eightcap | FXTM |
|---|---|---|
| Trust score | 8.4 | 8.0 |
| Regulators | ASIC, CySEC, SCB, FSA-Seychelles | FCA, CySEC, FSCA, FSC-Mauritius, CMA |
| Headquarters | — | Cyprus |
| Founded | — | 2011 |
| Min deposit | $100 | $10 |
| Max leverage | 1:500 | 1:1000 |
| EUR/USD spread | 0.10 pips | 0.00 pips |
| Commission per lot | $7 | $4 |
| Raw spread account | ||
| Standard account | ||
| Swap-free account | ||
| cTrader | ||
| MT4 | ||
| MT5 | ||
| TradingView | ||
| Scalping allowed | ||
| EAs / algo allowed | ||
| Hedging allowed | ||
| Copy trading | ||
| Deposit methods | — | Bank Wire, Credit/Debit Card, Skrill, Neteller |
| Withdrawal methods | — | Bank Wire, Credit/Debit Card, Skrill, Neteller |
| Withdrawal speed | — | 24h |
| Base currencies | — | USD, EUR, GBP, NGN |
Eightcap is best for
Crypto CFD traders
TradingView users
AU residents
FXTM is best for
High-volume traders
Day traders
Copy traders