Written by ForexBrokers.com
In this head to head comparison of XM Group vs Eightcap, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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Both XM Group and Eightcap, established in 2009, are online brokers that prioritize security, yet they differ in the breadth of their regulatory oversight. XM Group stands out with a ForexBrokers.com Trust Score of 93 out of 99, signaling a high level of trustworthiness. This rating is bolstered by XM Group's four Tier-1 licenses, which are considered highly reliable, and an additional Tier-2 license offering further assurance. Unlike banks or publicly traded entities, both brokers operate independently, but XM Group’s array of licenses suggests a broader commitment to regulatory compliance.
In contrast, Eightcap holds a ForexBrokers.com Trust Score of 85, positioning it as a trusted broker but with a slightly lower level of regulatory cover than XM Group. Eightcap has three Tier-1 licenses, which are still highly trusted by ForexBrokers.com, yet it lacks any Tier-2 licenses. While both firms lack banking status and a presence on the stock exchange, their focus on obtaining licenses reflects varying levels of accountability and protection, offering users options based on their regulatory preferences.
| Feature |
XM Group
|
Eightcap
|
|---|---|---|
| Year Founded | 2009 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 3 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
Looking at commissions and fees, both XM Group and Eightcap earn 4 out of 5 stars. In ForexBrokers.com’s Commissions and Fees rankings, Eightcap places #27 out of 63 brokers, while XM Group ranks #34 out of 63.
XM Group’s pricing is less transparent. Its Standard account spreads are considered expensive, and the broker does not publish average spreads for its commission-based XM Zero account. That makes it tough to estimate your true, all-in trading costs.
Eightcap offers two account types across its global entities. The Raw account lists an average spread of 0.06 pips; after adding the $3.50 per-side commission, the all-in cost is about 0.76 pips—just under the industry average of 0.8 pips. While Eightcap is still slightly pricier than the very cheapest brokers, its disclosed averages and clear commission structure can make it easier to anticipate costs compared to XM’s unpublished averages on XM Zero.
| Feature |
XM Group
|
Eightcap
|
|---|---|---|
| Minimum Deposit | $5 | $100 |
| Average spread (EUR/USD) - Standard account | 1.6 | 1.0 |
| All-in Cost EUR/USD - Active | 0.8 | 0.76 |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
XM Group and Eightcap both offer forex trading and list 55 currency pairs each, but XM Group delivers a wider overall selection of markets: 1,394 tradeable symbols versus Eightcap’s 803. A key difference is stock access. XM Group lets clients buy exchange-traded shares directly in the U.S. (e.g., Apple) and on international exchanges (e.g., Vodafone), while Eightcap does not offer direct share dealing and focuses on derivatives-based trading.
Both brokers support copy trading and provide cryptocurrency CFDs, but neither allows you to purchase actual crypto. For range of investments, ForexBrokers.com rates XM Group 4.5/5 stars (ranked #25 of 63) and Eightcap 3.5/5 stars (ranked #41 of 63). In short, XM Group suits traders who want a larger mix of symbols and access to real stocks, while Eightcap covers popular markets like forex and crypto CFDs without direct stock buying.
| Feature |
XM Group
|
Eightcap
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1394 | 803 |
| Forex Pairs (Total) | 55 | 55 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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.
XM Group and Eightcap go head-to-head on trading platforms and tools. Both online brokers offer a free demo (paper) account so you can practice risk-free. Neither provides a proprietary platform; instead, each supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5). You can trade on a Windows desktop platform or via a web-based browser platform, place orders directly from charts, and access copy trading at both brokers. Indicator counts and watch list fields depend on your MetaTrader setup, and both can be expanded with plugins and custom add-ons.
For platforms and tools, both brokers earned 4 out of 5 stars from ForexBrokers.com. In the 63-broker comparison, XM Group ranked #33 while Eightcap ranked #39. The platform lineups are very similar, with XM Group holding a slight edge in the ForexBrokers.com rankings; your choice may come down to preferred MetaTrader features, available add-ons, or other factors like pricing and product range.
| Feature |
XM Group
|
Eightcap
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
XM Group and Eightcap both check the key boxes for mobile trading. Each offers an iPhone app and an Android app, supports stock or forex price alerts, and syncs watchlists between the mobile app and your online account so changes carry over automatically. For charting, both apps include 30 technical studies and let you draw trendlines on stock or forex charts, covering the most common analysis needs.
The standout difference is chart annotations: Eightcap’s app auto-saves your drawings, while XM Group’s does not. Despite that, both earn 4 out of 5 stars for Mobile Trading Apps. In ForexBrokers.com’s rankings, XM Group places higher at #31 out of 63 brokers, while Eightcap is #39. If auto-saving chart drawings matters to you, Eightcap has the edge; if a slightly better category ranking is important, XM Group gets the nod—either way, you’ll get capable alerts, syncing, and charting on mobile.
| Feature |
XM Group
|
Eightcap
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | Yes |
Dive deeper: Best Forex Trading Apps.
XM Group and Eightcap both cover the basics for market research with daily market commentary, an economic calendar, and a sentiment tool that shows the long/short split across markets. Where they differ is news and analytics: XM Group adds forex news from leading sources like Bloomberg, Reuters, and Dow Jones, and includes Trading Central tools for technical and fundamental insights. Neither broker offers Autochartist or TipRanks.
Eightcap’s standout is access to Acuity Trading tools (including Signal Centre), which XM Group does not provide. In independent testing by ForexBrokers.com, XM Group earned 5 stars for Research and ranks #8 out of 63 brokers, while Eightcap received 3.5 stars and ranks #40. In short, XM Group suits traders who want richer in-platform research and premium news, whereas Eightcap appeals to those who value Acuity’s signals alongside core features.
| Feature |
XM Group
|
Eightcap
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central | Yes | No |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | No | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
XM Group and Eightcap both provide structured forex and CFD education for beginners, each with at least 10 learning pieces (articles, videos, and archived webinars). You’ll find monthly client webinars at both brokers and a full set of 10+ beginner-friendly videos that explain trading basics step by step. Where they differ is depth: XM Group also supplies 10+ advanced videos for when you’re ready to level up, while Eightcap does not currently match that advanced catalog.
Independent ratings highlight the gap. XM Group earns 5 stars for Education and ranks #7 out of 63 brokers at ForexBrokers.com, while Eightcap scores 3.5 stars and ranks #40. For a beginner, both are suitable starting points thanks to frequent webinars and plenty of intro videos; if you want a larger library and clearer room to grow from beginner to advanced, XM Group stands out.
| Feature |
XM Group
|
Eightcap
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that XM Group is better than Eightcap. XM Group finished with an overall rank of #17, while Eightcap finished with an overall rank of #38.
XM Group is a MetaTrader-only broker that offers a strong selection of high-quality educational content and market research.
| Feature |
XM Group
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Eightcap
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| Trust Score | 93 | 85 |
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In the XM Group vs Eightcap comparison, neither online broker allows purchasing actual (delivered) cryptocurrency, but both support trading cryptocurrency via CFDs.
XM Group vs Eightcap: as online brokers, neither supports ACH or SEPA for funding, both offer Skrill and bank wire transfers, only Eightcap supports PayPal, and Visa/Mastercard availability is not specified.
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 | XM Group | Eightcap | |
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| Trust Score | 93 | 85 | |
| Winner | check_circle | ||
| Review | XM Group Review | Eightcap Review |
| Broker Screenshots | XM Group | Eightcap | |
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| Regulation | XM Group | Eightcap | |
|---|---|---|---|
| Trust Score | 93 | 85 | |
| Year Founded | 2009 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 3 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | XM Group | Eightcap | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | No | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | XM Group | Eightcap | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | XM Group | Eightcap | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1394 | 803 | |
| Forex Pairs (Total) | 55 | 55 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 | XM Group | Eightcap | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.6 | 1.0 | |
| All-in Cost EUR/USD - Active | 0.8 | 0.76 | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | XM Group | Eightcap | |
|---|---|---|---|
| Minimum Deposit | $5 | $100 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | XM Group | Eightcap | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | XM Group | Eightcap | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | XM Group | Eightcap | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | XM Group | Eightcap | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central | Yes | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | XM Group | Eightcap | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | XM Group | Eightcap | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | XM Group Review | Eightcap Review |
| Overall | XM Group | Eightcap | |
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| Trust Score | 93 | 85 | |
| Winner | check_circle | ||
| Review | XM Group Review | Eightcap Review |
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