Written by ForexBrokers.com
In this head to head comparison of XTB vs Eightcap, 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.
When comparing online brokers XTB and Eightcap, both have established themselves in the industry, with XTB founded in 2002 and Eightcap in 2009. XTB stands out as a publicly traded company, providing an additional layer of transparency to potential investors, whereas Eightcap remains privately held. Neither broker operates as a bank, focusing solely on brokerage services.
In terms of regulatory safety and trust, XTB holds two Tier-1 licenses and two Tier-2 licenses, earning a high Trust Score of 96 on ForexBrokers.com. Eightcap, while holding three Tier-1 licenses, has no Tier-2 licenses, leading to a Trust Score of 85. Both brokers are well-regarded, but XTB's standing as a publicly listed company and its additional regulatory licenses place it slightly ahead in trust ratings.
| Feature |
XTB
|
Eightcap
|
|---|---|---|
| Year Founded | 2002 | 2009 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 3 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
When comparing XTB and Eightcap for commissions and fees, XTB provides a spread-only Standard account and a Professional account for select clients in the U.K. and Europe. XTB's pricing is average, with spreads for EUR/USD at 1 pip as of Q4 2023. The Standard account is generally more economical for retail forex traders, while the Pro account is being phased out. Additionally, XTB has an active trader program called the Lower Spread Group, offering spread rebates from 5% to 30% for traders reaching volume thresholds. XTB receives a solid 4.5-star rating for commissions and fees and is ranked 11th out of 63 brokers in this category by ForexBrokers.com.
Eightcap, on the other hand, offers both a commission-based Raw account and a spread-only Standard account across its globally licensed entities. The Raw account features an attractive average spread of 0.06 pips, but the per-side commission of $3.50 per trade elevates the actual cost to approximately 0.76 pips. This rate is just below the industry average of 0.8 pips, although Eightcap remains slightly more costly than the lowest-cost forex brokers. With a 4-star rating for commissions and fees and a 26th place ranking by ForexBrokers.com, Eightcap offers competitive pricing for its account holders.
| Feature |
XTB
|
Eightcap
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average Spread EUR/USD - Standard | 1.00 | 1.0 |
| All-in Cost EUR/USD - Active | 1.00 | 0.76 |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
XTB and Eightcap both cater to diverse trading interests, yet there are notable differences in their offerings. XTB presents a wide selection of 7,184 tradeable symbols, including 71 forex pairs, allowing for an extensive range of investment opportunities. Watchful investors will appreciate XTB's access to exchange-traded securities on both U.S. and international markets, enabling direct stock purchases such as Apple shares on NASDAQ. However, those seeking copy trading might find XTB lacking in this area, as this feature is not available. Despite this, XTB maintains an impressive 5-star rating for its breadth of investments, ranking #14 out of 63 brokers in the Range of Investments category according to ForexBrokers.com.
In contrast, Eightcap offers a more limited yet solid selection with 800 tradeable symbols, including 56 forex pairs. While it does not provide access to exchange-traded securities on U.S. or international markets, it makes up for this with its support for copy trading, appealing to traders interested in mirroring experienced professionals. Eightcap, like XTB, facilitates trading cryptocurrency derivatives, but not the actual cryptocurrencies. With a 3.5-star rating and positioned at #40 in the same category, Eightcap appeals to traders who prioritize copy trading and an accessible range of CFD offerings, albeit in a more concise package compared to XTB.
| Feature |
XTB
|
Eightcap
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7184 | 800 |
| Forex Pairs (Total) | 71 | 56 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | No | 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.
When it comes to selecting an online broker, XTB and Eightcap both present compelling options for traders looking at trading platforms and tools. XTB shines with its in-house developed platform, giving traders a unique, user-friendly experience on both desktop and web-based platforms. This proprietary platform offers a free virtual demo account, enabling users to hone their skills before diving into real trading. While it doesn’t support MetaTrader 4 (MT4) or MetaTrader 5 (MT5), XTB ensures seamless charting with 32 drawing tools and the ability to trade directly from stock charts. Its watch lists are comprehensive, boasting eight customizable columns. With these features, XTB is rated 4.5 stars for trading platforms and tools and ranks #9 out of 63 brokers according to ForexBrokers.com.
Eightcap, on the other hand, relies on popular third-party platforms MT4 and MT5, providing a solid choice for traders who prefer these widely-known systems. It also offers a web-based platform and a downloadable Windows option, along with a free demo account to practice trading strategies. Eightcap stands out with its copy trading feature, appealing to those looking to mimic successful trades. While it offers 15 drawing tools for charting and a seven-column watch list, it boasts a 4-star rating for its trading platform's capabilities. However, Eightcap is ranked #38 out of 63 brokers by ForexBrokers.com in this category, showing there's still some room for improvement when compared to XTB’s offerings.
| Feature |
XTB
|
Eightcap
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 39 | 30 |
| Charting - Drawing Tools (Total) | 32 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 8 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of XTB and Eightcap, both offer a strong set of features for traders on the go. Available for both iPhone and Android devices, these apps provide essential tools such as stock or forex price alerts and the ability to draw trendlines on charts. Both platforms allow users to view multiple time frames, from daily to intraday, ensuring traders can stay updated with the latest market movements. However, a notable difference is in the watchlist symbol syncing feature. Eightcap provides this function, syncing watchlists between its mobile app and online account, while XTB does not.
In terms of technical studies for charting, XTB takes the lead with 39 options compared to Eightcap’s 30. Both apps also support creating watchlists with real-time quotes and automatically saving chart drawings. User ratings reflect these differences, as XTB scores 4.5 out of 5 stars for its mobile trading app, ranking #8 out of 63 brokers by ForexBrokers.com. On the other hand, Eightcap earns a 4-star rating, ranking #38 in the same category. Overall, while both platforms offer useful mobile trading features, XTB appears to provide a slightly more comprehensive experience for technical analysis enthusiasts.
| Feature |
XTB
|
Eightcap
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 39 | 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.
When comparing XTB and Eightcap for market research, both brokers offer daily market commentary that keeps traders informed on the latest market movements. However, XTB sets itself apart by providing forex news from top-tier sources like Bloomberg and Reuters, which is not available with Eightcap. Both brokers offer sentiment-based trading tools, helping traders gauge market trends with the ratio of long or short positions on various instruments. They also both provide an economic calendar that tracks global economic events, an essential tool for knowledgeable trading.
Despite having similar tools, XTB receives a superior rating of 5 stars for research, while Eightcap garners a 3.5-star rating. Additionally, in the ranking of research capabilities by ForexBrokers.com, XTB stands significantly higher at #7 out of 63 brokers, whereas Eightcap is positioned further down the list at #39. While neither broker provides technical analysis tools from companies like Autochartist or Trading Central, these rankings reflect XTB's enhanced ability to deliver valuable research insights, making it a preferred choice for traders specifically prioritizing comprehensive market analysis.
| Feature |
XTB
|
Eightcap
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginner traders, XTB and Eightcap both provide a solid foundation, but they differ significantly in offerings. Both brokers supply more than ten educational pieces that dive into forex and CFDs, ensuring beginners have access to essential material. However, XTB takes an extra step by offering monthly online educational webinars, a service not available through Eightcap. This hands-on interactive learning could be invaluable for those who thrive on direct engagement. Additionally, both brokers maintain a searchable archive of webinars, allowing clients to revisit sessions at their convenience. For beginners keen on video content, each broker offers over ten videos aimed specifically at newcomers. However, XTB also extends its video library to more advanced traders, whereas Eightcap does not.
On the downside, XTB falls short by not offering an investor dictionary, a resource Eightcap provides with over 50 investing term definitions, catering to those needing quick clarifications. Despite this, XTB still surpasses Eightcap in educational ranking, earning a five-star rating and securing the 11th spot out of 63 brokers on ForexBrokers.com, compared to Eightcap's 3.5-star rating and 40th place. Overall, if webinars and advanced resources are a priority, XTB might be the better choice, but if a comprehensive dictionary is what you need, Eightcap could be more suitable.
| Feature |
XTB
|
Eightcap
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that XTB is better than Eightcap. XTB finished with an overall rank of #7, while Eightcap finished with an overall rank of #38.
As a trusted multi-asset broker, XTB offers outstanding customer service, a wide variety of forex and CFDs, and an excellent overall trading experience. Its xStation 5 trading platform is well-designed and packed with innovative features, and XTB’s offers comprehensive educational content and market research.
| Feature |
XTB
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Eightcap
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| Trust Score | 96 | 85 |
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Both XTB and Eightcap offer the ability to trade cryptocurrency derivatives, but neither provides the option to purchase actual (delivered) cryptocurrencies.
Both XTB and Eightcap do not support ACH or SEPA transfers for depositing or withdrawing account funds, yet they both offer convenient options such as PayPal, Skrill, Visa, Mastercard, and bank wire transfers to facilitate easy transactions.
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 | XTB | Eightcap | |
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| Trust Score | 96 | 85 | |
| Winner | check_circle | ||
| Review | XTB Review | Eightcap Review |
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| Regulation | XTB | Eightcap | |
|---|---|---|---|
| Trust Score | 96 | 85 | |
| Year Founded | 2002 | 2009 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 3 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | XTB | Eightcap | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | 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) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | 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) | XTB | Eightcap | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | XTB | Eightcap | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7184 | 800 | |
| Forex Pairs (Total) | 71 | 56 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | No | 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 | XTB | Eightcap | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.00 | 1.0 | |
| All-in Cost EUR/USD - Active | 1.00 | 0.76 | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | XTB | Eightcap | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | XTB | Eightcap | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | XTB | Eightcap | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 8 | 7 | |
| Charting - Indicators / Studies (Total) | 39 | 30 | |
| Charting - Drawing Tools (Total) | 32 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | XTB | Eightcap | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 39 | 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 | XTB | Eightcap | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | XTB | Eightcap | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | XTB | Eightcap | |
|---|---|---|---|
| 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 | XTB Review | Eightcap Review |
| Overall | XTB | Eightcap | |
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| Trust Score | 96 | 85 | |
| Winner | check_circle | ||
| Review | XTB Review | Eightcap Review |
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