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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XM Group and Eightcap are online brokers founded in 2009. Neither is publicly traded or a bank. According to ForexBrokers.com, XM Group holds a Trust Score of 93 (highly trusted), while Eightcap scores 87 (trusted).
Regulation differs slightly: XM Group holds 4 Tier-1 licenses and 1 Tier-2 license; Eightcap holds 3 Tier-1 licenses and 1 Tier-2 license. On the ForexBrokers.com scale, scores of 90–99 are highly trusted, 80–89 trusted, 70–79 average risk, 60–69 high risk, and under 59 not trusted—placing XM Group a step above Eightcap in overall trust based on license mix and rating.
| 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 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
When comparing commissions and fees, Eightcap edges ahead of XM Group in our rankings, even though both earn the same rating. XM Group is rated 4 out of 5 stars and ranks #34 of 63 for Commissions and Fees on ForexBrokers.com, while Eightcap is also rated 4 out of 5 stars but ranks higher at #20 of 63.
XM Group’s pricing is less transparent for cost-focused traders. Its Standard account spreads are considered expensive, and the broker does not publish average spreads for its commission-based XM Zero account. Without clear all-in pricing, it’s harder to estimate total trading costs at XM across different conditions.
Eightcap offers two account types across its global entities (Australia, Bahamas, U.K., and Cyprus): a spread-only Standard account and a commission-based Raw account. On the Raw account, the average spread is listed at 0.06 pips, and with a $3.50 per-side commission, the all-in cost is about 0.76 pips—slightly below the industry average of 0.8 pips. Even so, Eightcap is still a touch pricier than the very cheapest forex brokers, but its clearer pricing and better category ranking (4/5 stars, #20/63) make it easier to gauge your likely costs than with XM (4/5 stars, #34/63).
| Feature |
XM Group
|
Eightcap
|
|---|---|---|
| Minimum Deposit | $5 | $100 |
| Average spread (EUR/USD) - Standard account | 2 | 1.0 |
| All-in Cost EUR/USD - Active | N/A | 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.
Comparing the range of investments at online brokers XM Group vs Eightcap: both support forex trading and offer 55 currency pairs. XM Group lists 1,394 tradeable symbols versus Eightcap’s 803. XM also lets clients buy real exchange‑traded shares on both U.S. and international exchanges (for example, Apple and Vodafone), while Eightcap does not offer real share dealing. Both brokers support copy trading. For crypto, neither allows buying actual coins, but each offers cryptocurrency CFDs.
For breadth, XM Group stands out: it’s rated 4.5/5 stars and ranks 19th out of 63 brokers for Range of Investments, compared with Eightcap’s 3.5/5 stars and 29th place. Choose XM Group if you want more markets and the ability to buy actual shares; pick Eightcap if you mainly need forex, crypto CFDs, and copy trading.
| 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.
Comparing XM Group vs Eightcap for trading platforms and tools, both brokers check the key boxes. Each offers a free demo (paper) trading account and supports Windows desktop downloads as well as web-based platforms. Neither broker has a proprietary platform; instead, both provide MetaTrader 4 (MT4) and MetaTrader 5 (MT5), along with copy trading options. You can place trades directly from charts with either broker.
Platform tool details such as the number of built-in indicators and watchlist columns weren’t specified. That said, both brokers earned 4 out of 5 stars for Trading Platforms and Tools. In ForexBrokers.com’s rankings, XM Group sits slightly higher at #27 out of 63 brokers, while Eightcap is #31. If you want the familiar MetaTrader experience across web and desktop with a demo account and copy trading, both are strong, with XM getting a small edge in category ranking.
| 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 deliver capable mobile trading apps for iPhone and Android. Each supports price alerts and watchlist syncing, so changes you make on your phone match your online account. For charting, both apps offer 30 technical studies and let you draw trendlines, giving traders solid tools to analyze forex and CFD markets on the go.
The key difference is chart annotation persistence: Eightcap auto-saves your drawings, while XM Group does not. In terms of recognition, both earn 4 out of 5 stars for mobile trading apps. However, XM Group holds a slightly better placement in ForexBrokers.com’s 2024 rankings at 26th out of 63 brokers, compared with Eightcap at 31st. Choose Eightcap if saving chart drawings matters to you; pick XM Group if a marginally higher industry ranking is more important.
| 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 outshines Eightcap for market research, earning 5 stars and a #8 ranking out of 63 brokers on ForexBrokers.com, compared with Eightcap’s 3.5 stars and #33 ranking. XM Group adds an edge with Trading Central tools and forex news from top-tier sources such as Bloomberg, Reuters, or Dow Jones. Eightcap answers with research from Acuity Trading (e.g., Signal Centre), though it does not include Trading Central or premium news feeds.
Both brokers provide daily market commentary, an economic calendar, and sentiment tools that display the ratio of long and short positions. Neither offers Autochartist or TipRanks. If you want premium news and Trading Central analysis, XM Group is the stronger choice; if you prefer Acuity Trading signals within a simpler research lineup, Eightcap delivers the basics.
| 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 vs Eightcap for beginner trading education: both brokers offer forex and CFD education with at least 10 pieces of content, plus ongoing client webinars at least once a month. Each also has 10+ beginner videos that explain trading basics, platform setup, and risk management, giving new traders a clear starting point.
The difference shows up as you progress. XM Group adds 10+ advanced videos for when you’re ready to level up, while Eightcap does not offer the same depth. That gap is reflected in ratings: XM Group earns 5 stars and ranks #5 out of 63 brokers for Education on ForexBrokers.com, while Eightcap holds 3.5 stars and ranks #31. For a learning path that can grow from beginner to advanced, XM Group is the stronger choice; if you only need fundamentals and regular webinars, Eightcap can still work well.
| 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 #16, while Eightcap finished with an overall rank of #30.
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 | 87 |
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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 | 87 | |
| 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 | 87 | |
| 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 | 1 | |
| 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 (FSA 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 | 2 | 1.0 | |
| All-in Cost EUR/USD - Active | N/A | 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 | 87 | |
| Winner | check_circle | ||
| Review | XM Group Review | Eightcap Review |
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