Written by ForexBrokers.com
In this head to head comparison of Eightcap vs Xtrade, 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.
Since its founding in 2009, Eightcap has grown to establish a solid reputation within the online trading community. With three Tier-1 licenses, Eightcap is highly regarded and carries a ForexBrokers.com Trust Score of 85, placing it firmly in the "trusted" category. Despite not being publicly traded or a banking institution, Eightcap's regulatory credentials and Trust Score make it a reliable choice for traders seeking a secure platform.
Xtrade, established in 2003, holds a slightly different standing, with one Tier-1 and one Tier-2 license, demonstrating a notable but more moderate level of trustworthiness compared to Eightcap. The ForexBrokers.com Trust Score rates Xtrade at 74, classifying it within the "average risk" range. Like Eightcap, Xtrade is neither publicly listed nor a bank, offering a straightforward trading experience backed by a decent regulatory framework.
| Feature |
Eightcap
|
Xtrade
|
|---|---|---|
| Year Founded | 2009 | 2003 |
| 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 | 2 | 1 |
Comparing commissions and fees, Eightcap stands ahead of Xtrade in our ratings. Eightcap earns 4 stars and ranks 27th out of 63 brokers at ForexBrokers.com, while Xtrade receives 2.5 stars and ranks 64th.
Eightcap offers two account types across its Australia, Bahamas, U.K., and Cyprus entities: a commission-based Raw account and a spread-only Standard account. On the Raw account, the average quoted spread is about 0.06 pips; after adding the $3.50 per-side commission, the estimated all-in cost comes to roughly 0.76 pips—just under the industry average of 0.8 pips. Overall, Eightcap is slightly more expensive than the lowest-cost forex brokers.
Xtrade does not publish average spread data, which makes its typical trading costs harder to compare. In our Commissions and Fees category, Xtrade holds a 2.5-star rating and ranks 64th, whereas Eightcap is rated 4 stars and ranks 27th. If clear pricing matters to you, Eightcap currently offers more transparency around expected costs.
| Feature |
Eightcap
|
Xtrade
|
|---|---|---|
| Minimum Deposit | $100 | $250 |
| Average spread (EUR/USD) - Standard account | 1.0 | N/A |
| All-in Cost EUR/USD - Active | 0.76 | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | Yes | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Eightcap vs Xtrade: For range of investments, both support forex trading and earn 3.5/5 stars from ForexBrokers.com. Eightcap lists 803 tradeable symbols, more than Xtrade’s 482. In forex, Xtrade edges ahead with 56 currency pairs versus Eightcap’s 55. In category rankings, Eightcap places 41st out of 63 brokers, while Xtrade ranks 50th.
Neither broker offers exchange-traded shares on U.S. or international exchanges, and neither lets you buy actual cryptocurrency. Both do provide cryptocurrency CFDs for speculative exposure. If you want copy trading, Eightcap includes it; Xtrade does not.
| Feature |
Eightcap
|
Xtrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 803 | 482 |
| Forex Pairs (Total) | 55 | 56 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | No |
| 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.
Eightcap vs Xtrade for trading platforms and tools: both offer free demo (paper) accounts and browser-based platforms. Eightcap focuses on MetaTrader 4 and MetaTrader 5 and also provides a Windows desktop app, but it doesn’t have an in-house platform. Xtrade takes the opposite path with its own proprietary web platform; it does not offer MT4 or MT5 and has no Windows desktop download.
Both brokers let you place trades directly from charts. Eightcap supports copy trading, while Xtrade does not. According to ForexBrokers.com, Eightcap earns 4 out of 5 stars and ranks 39th out of 63 brokers for Platforms & Tools, while Xtrade scores 3.5 out of 5 stars and ranks 59th. Consider Eightcap if you want MetaTrader, desktop access, and copy trading; pick Xtrade if you prefer a proprietary web platform and don’t need MetaTrader.
| Feature |
Eightcap
|
Xtrade
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 30 | N/A |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Comparing Eightcap vs Xtrade for mobile trading apps, both brokers offer iPhone and Android apps. The big differences show up in features: Eightcap supports price alerts for stocks and forex, while Xtrade does not. Eightcap also syncs watchlists between the mobile app and your online account, but Xtrade lacks this. For charting, Eightcap includes 30 technical studies, lets you draw trendlines, and automatically saves your drawings. Xtrade does not list a count of technical studies and does not support trendlines or auto-save for drawings.
In terms of quality scores, both brokers earn 4 out of 5 stars for Mobile Trading Apps, but Eightcap ranks higher on ForexBrokers.com—#39 out of 63 brokers—compared with Xtrade at #54. If you value alerts, synced watchlists, and stronger charting tools on your phone, Eightcap is the more feature-rich pick. If you only need basic mobile access on iPhone or Android, either app can work.
| Feature |
Eightcap
|
Xtrade
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | No |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | N/A |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
Comparing market research at Eightcap vs Xtrade: both brokers publish daily market commentary and provide an economic calendar. Xtrade stands out for delivering forex news sourced from major outlets like Bloomberg, Reuters, or Dow Jones. Eightcap counters with a sentiment tool that shows the ratio of long vs short positions across instruments, plus extras from Acuity Trading (such as Signal Centre). Neither broker offers Autochartist or Trading Central, and neither provides research from TipRanks.
Both Eightcap and Xtrade earn 3.5 stars for Research, but Eightcap ranks higher overall (#40 of 63 brokers) than Xtrade (#53). If real-time, top-tier news is your priority, Xtrade has the edge. If you prefer sentiment data and Acuity Trading insights alongside daily commentary and an economic calendar, Eightcap is the stronger fit.
| Feature |
Eightcap
|
Xtrade
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | No |
| Trading Central | No | No |
| Client sentiment data | Yes | No |
| TipRanks | No | No |
| Acuity Trading | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners exploring forex and CFD education, Eightcap offers a more hands-on learning path. It hosts monthly educational webinars and provides at least 10 beginner-friendly videos that explain trading basics in plain language. While its advanced video catalog doesn’t reach the 10+ mark, Eightcap still earns 3.5 out of 5 stars for Education and ranks #40 out of 63 brokers on ForexBrokers.com.
Xtrade’s education is lighter for newcomers. It does not run monthly client webinars and does not offer a set of 10 or more beginner videos, and like Eightcap it also lacks 10+ advanced videos. Even so, Xtrade scores the same 3.5 out of 5 stars for Education, though it places lower at #46 out of 63. If you want live sessions and a larger beginner video lineup, Eightcap has the edge; if webinars and beginner video depth aren’t important to you, Xtrade may suffice.
| Feature |
Eightcap
|
Xtrade
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | No | No |
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 Xtrade. Eightcap finished with an overall rank of #38, while Xtrade finished with an overall rank of #60.
Eightcap enhances its status as a MetaTrader-only broker with support for a suite of third-party plug-ins, including TradingView.
| Feature |
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Xtrade
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| Trust Score | 85 | 74 |
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Eightcap and Xtrade are online brokers that do not support buying actual (delivered) cryptocurrency but both offer cryptocurrency CFD trading, allowing you to speculate on crypto prices without owning the underlying asset.
Eightcap vs Xtrade: for deposits and withdrawals, both do not support ACH or SEPA; Eightcap supports PayPal, Skrill, and bank wire transfers (Visa/Mastercard not specified), while Xtrade’s support for PayPal, Skrill, Visa/Mastercard, and bank wires 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 | Eightcap | Xtrade | |
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| Trust Score | 85 | 74 | |
| Winner | check_circle | ||
| Review | Eightcap Review | Xtrade Review |
| Broker Screenshots | Eightcap | Xtrade | |
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| Regulation | Eightcap | Xtrade | |
|---|---|---|---|
| Trust Score | 85 | 74 | |
| Year Founded | 2009 | 2003 | |
| 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 | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | Eightcap | Xtrade | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| 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) | Yes | No | |
| 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) | Eightcap | Xtrade | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Eightcap | Xtrade | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 803 | 482 | |
| Forex Pairs (Total) | 55 | 56 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | No | |
| 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 | Eightcap | Xtrade | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.0 | N/A | |
| All-in Cost EUR/USD - Active | 0.76 | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Eightcap | Xtrade | |
|---|---|---|---|
| Minimum Deposit | $100 | $250 | |
| PayPal (Deposit/Withdraw) | Yes | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | No | No |
| Trading Platforms | Eightcap | Xtrade | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No |
| Trading Tools | Eightcap | Xtrade | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | No | |
| Charting - Indicators / Studies (Total) | 30 | N/A | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | Eightcap | Xtrade | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | No | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 30 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | Eightcap | Xtrade | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | No | |
| Trading Central | No | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Eightcap | Xtrade | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | No |
| Major Forex Pairs | Eightcap | Xtrade | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Eightcap Review | Xtrade Review |
| Overall | Eightcap | Xtrade | |
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| Trust Score | 85 | 74 | |
| Winner | check_circle | ||
| Review | Eightcap Review | Xtrade Review |
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