Written by ForexBrokers.com
In this head to head comparison of Eightcap vs FXGT.com, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Eightcap, founded in 2009, is a privately-owned online broker that has earned a Trust Score of 85 from ForexBrokers.com, categorizing it as a trusted institution. The company holds three Tier-1 licenses, which are highly trusted by industry standards, enhancing its credibility among traders. Although Eightcap is not publicly traded or a banking institution, its longstanding presence and regulatory compliance reinforce its reliability in the online trading space.
FXGT.com, established in 2019, is also a private company, achieving a Trust Score of 69, which places it in the high-risk category according to ForexBrokers.com. While FXGT.com is not a bank or listed on a stock exchange, it holds one Tier-1 license and one Tier-2 license, showing some level of regulatory commitment. Despite the recent start and higher risk rating, these licenses offer a degree of security for its users. Overall, Eightcap appears to offer a more trusted option, particularly for those prioritizing regulatory assurance.
| Feature |
Eightcap
|
FXGT.com
|
|---|---|---|
| Year Founded | 2009 | 2019 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
Comparing forex trading costs at Eightcap and FXGT.com, Eightcap provides clearer pricing thanks to two account types: a commission-based Raw account and a spread-only Standard account, offered across its entities in Australia, the Bahamas, the U.K., and Cyprus. FXGT.com does not publish average spread data, which makes direct cost comparisons harder.
Eightcap’s Raw account lists an average spread of 0.06 pips; after adding a $3.50 per side commission, the estimated all-in cost is about 0.76 pips—slightly under the 0.8-pip industry average. Even so, Eightcap remains a bit pricier than the very cheapest brokers. For commissions and fees, Eightcap is rated 4 out of 5 stars and ranks #27 out of 63 brokers.
FXGT.com’s lack of average spread data limits visibility into typical all-in trading costs. Reflecting that and overall pricing, FXGT.com holds a 3.5 out of 5 star rating for commissions and fees and ranks #57 out of 63—placing it behind Eightcap for both transparency and cost competitiveness.
| Feature |
Eightcap
|
FXGT.com
|
|---|---|---|
| Minimum Deposit | $100 | $5 |
| Average Spread EUR/USD - Standard | 1.0 | N/A |
| All-in Cost EUR/USD - Active | 0.76 | N/A |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | Yes |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Eightcap offers a wider range of markets than FXGT.com. You’ll find about 800 tradeable symbols at Eightcap versus 117 at FXGT.com, and 56 forex pairs compared with FXGT.com’s 53. Both brokers support forex trading, available either as CFDs or spot contracts, and both provide copy trading. Neither broker lets you buy exchange-traded stocks directly in the U.S. or internationally, and neither sells delivered cryptocurrency; however, each offers crypto derivatives for those who want crypto exposure without owning coins outright.
For range of investments, ForexBrokers.com rates Eightcap at 3.5 out of 5 stars (ranked 41st of 63 brokers) and FXGT.com at 3 out of 5 stars (ranked 62nd of 63). If you want more symbols and slightly broader market coverage, Eightcap is the stronger pick; if you only need a compact lineup with similar core categories, FXGT.com may still fit.
| Feature |
Eightcap
|
FXGT.com
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 800 | 117 |
| Forex Pairs (Total) | 56 | 53 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
Eightcap and FXGT.com both keep things familiar by relying on MetaTrader 4 and MetaTrader 5 instead of a proprietary platform. You can trade in your browser or on a Windows desktop app, try strategies in a free demo account, copy trade, and place orders straight from charts with either broker. DupliTrade and ZuluTrade aren’t available at either.
For tools, FXGT.com lists more drawing tools (23 versus Eightcap’s 15), while Eightcap offers more watchlist fields (7 versus 5). The number of built-in technical indicators wasn’t specified for either and will depend on MetaTrader and any add-ons you install. Both earned 4 out of 5 stars for Trading Platforms & Tools, though ForexBrokers.com ranks Eightcap higher (#39 of 63) than FXGT.com (#57 of 63), which may matter if charting extras or watchlist depth are priorities for you.
| Feature |
Eightcap
|
FXGT.com
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 37 |
| Charting - Drawing Tools (Total) | 15 | 23 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 5 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Eightcap and FXGT.com both offer mobile trading apps for iPhone and Android, covering the key features most traders want. Each app supports price alerts, real-time quote watchlists, and watchlist syncing with your online account, so changes carry over between devices. Charting tools are comparable too: both provide 30 technical studies, the ability to draw trendlines, switch among multiple time frames (daily, weekly, intraday), and auto-save your chart drawings.
While the feature sets are nearly identical, user ratings and industry rankings differ. ForexBrokers.com rates Eightcap’s mobile app at 4 stars and ranks it #39 out of 63 brokers, whereas FXGT.com earns 3.5 stars and ranks #59. If you want a slightly higher-rated mobile experience, Eightcap edges ahead. If you’re already with FXGT.com, you’ll still get the essential tools for on-the-go trading.
| Feature |
Eightcap
|
FXGT.com
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing Eightcap vs FXGT.com for market research: Eightcap stands out by offering daily market commentary, while FXGT.com does not. Neither broker streams forex news from top-tier wires like Bloomberg, Reuters, or Dow Jones, and neither integrates third‑party tools from Autochartist or Trading Central. Both brokers do provide a sentiment tool showing long/short positioning and an economic calendar to track upcoming events. TipRanks research is not available at Eightcap; FXGT.com’s TipRanks availability is not specified.
For research quality, Eightcap earns 3.5 out of 5 stars and ranks #40 out of 63 brokers at ForexBrokers.com, compared with FXGT.com’s 3 stars and #57 ranking. In short, Eightcap is the stronger pick for traders who value daily commentary, while both brokers cover the basics with sentiment data and an economic calendar.
| Feature |
Eightcap
|
FXGT.com
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | No | No |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Eightcap offers more beginner education than FXGT.com. Eightcap meets the forex and CFD education bar with 10+ learning pieces, provides at least 10 beginner-focused videos, and includes a searchable archive of recorded client webinars. FXGT.com does not meet the 10-piece education threshold, does not have 10 beginner videos, and has no webinar archive. Neither broker runs monthly live educational webinars, and neither offers 10+ advanced videos. Both brokers do provide an investor dictionary with 50+ trading terms.
Ratings reflect this gap: Eightcap scores 3.5/5 for Education and ranks #40 out of 63 brokers on ForexBrokers.com, while FXGT.com scores 3/5 and ranks #61. If you want structured beginner content for forex and CFDs, Eightcap is the stronger choice. If you mainly need a quick glossary, either broker works—but for deeper beginner learning and easy access to past webinar recordings and videos, Eightcap stands out.
| Feature |
Eightcap
|
FXGT.com
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Eightcap is better than FXGT.com. Eightcap finished with an overall rank of #38, while FXGT.com finished with an overall rank of #59.
Eightcap enhances its status as a MetaTrader-only broker with support for a suite of third-party plug-ins, including TradingView.
| Feature |
Eightcap
|
FXGT.com
|
|---|---|---|
| Overall Rating |
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| Trust Score | 85 | 69 |
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Both Eightcap and FXGT.com allow users to trade cryptocurrency derivatives but do not offer the option to purchase actual delivered cryptocurrency.
When comparing online brokers Eightcap and FXGT.com, Eightcap does not support ACH or SEPA transfers but offers PayPal and Skrill alongside Visa/Mastercard and bank wires for transactions, while FXGT.com offers ACH and SEPA transfers with Visa/Mastercard and bank wires, but lacks PayPal and Skrill options.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | Eightcap | FXGT.com | |
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| Trust Score | 85 | 69 | |
| Winner | check_circle | ||
| Review | Eightcap Review |
| Broker Screenshots | Eightcap | FXGT.com | |
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| Regulation | Eightcap | FXGT.com | |
|---|---|---|---|
| Trust Score | 85 | 69 | |
| Year Founded | 2009 | 2019 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 3 | 1 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | Eightcap | FXGT.com | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | ||
| Canada (CIRO Authorised) | No | ||
| Hong Kong (SFC Authorised) | No | ||
| Japan (SFC Authorised) | No | ||
| Singapore (MAS Authorised) | No | ||
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | ||
| USA (CFTC Authorized) | No | ||
| New Zealand (FMA Authorised) | No | ||
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | Eightcap | FXGT.com | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | ||
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | ||
| India (SEBI Authorised) | No | ||
| Jordan (JSC Authorised) |
| Investments | Eightcap | FXGT.com | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 800 | 117 | |
| Forex Pairs (Total) | 56 | 53 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Eightcap | FXGT.com | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.0 | N/A | |
| All-in Cost EUR/USD - Active | 0.76 | N/A | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Eightcap | FXGT.com | |
|---|---|---|---|
| Minimum Deposit | $100 | $5 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | Eightcap | FXGT.com | |
|---|---|---|---|
| Proprietary Platform | No | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Eightcap | FXGT.com | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 5 | |
| Charting - Indicators / Studies (Total) | 30 | 37 | |
| Charting - Drawing Tools (Total) | 15 | 23 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Eightcap | FXGT.com | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Eightcap | FXGT.com | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | No | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | ||
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Eightcap | FXGT.com | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Eightcap | FXGT.com | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Eightcap Review |
| Overall | Eightcap | FXGT.com | |
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| Trust Score | 85 | 69 | |
| Winner | check_circle | ||
| Review | Eightcap Review |
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