XM Group vs Eightcap Comparison
Comparing forex brokers side by side is no easy task. For our 2022 annual forex broker review, we spent hundreds of hours assessing 39 forex and CFD brokerages to find the best forex broker. Let's compare XM Group vs Eightcap.
Does XM Group or Eightcap offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, IG
offers better pricing overall for traders.
Is XM Group or Eightcap safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. Both XM Group and Eightcap hold 2 global Tier-1 licenses. Both XM Group and Eightcap hold 1 global Tier-2 licenses. In our analysis of 23 international regulators across 50 brokers, XM Group earned a higher Trust Score than Eightcap.
Which trading platform is better: XM Group or Eightcap?
To compare the trading platforms of both XM Group and Eightcap, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, IG offers a better experience. With research, IG offers superior market research. Finally, we found IG to provide better mobile trading apps.
What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both XM Group and Eightcap offer MetaTrader 4 (MT4).XM Group and Eightcap both offer copy trading.
How many forex pairs and CFDs are available to trade?
XM Group provides traders 57 currency pairs (e.g., EUR/USD) compared to Eightcap's 45 available pairs. Forex pairs aside, XM Group offers traders access to 1372 CFDs while Eightcap has 326 available CFDs, a difference of 1046.
Can I trust XM Group?
XM Group is not publicly-traded and does not operate a bank. XM Group is authorised by three tier-1 regulators (high trust), two tier-2 regulator (average trust), and one tier-3 regulator (low trust). XM Group is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and, via its parent company's other brand Trading.com, with the Financial Conduct Authority (FCA).
Can I trust Eightcap?
Eightcap is not publicly traded and does not operate a bank. Eightcap is authorised by two tier-1 regulators (high trust), one tier-2 regulators (average trust), and one tier-3 regulators (low trust). Eightcap is authorised by the following tier-1 regulators: Financial Conduct Authority (FCA) and the Australian Securities & Investment Commission (ASIC).
Is XM Group good?
XM Group is a MetaTrader-only broker that offers a strong selection of high-quality educational content and market research.
Is Eightcap good?
Eightcap enhances its status as a MetaTrader-only broker with support for a suite of third-party plug-ins and access to Capitalise.ai’s algorithmic trading platform.
Overall winner: IG
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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.