Eightcap
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Vs.

XTB
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79% of retail CFD accounts lose money.

Eightcap Vs. XTB - Compare and Choose the Right One

Updated Oct 20 2022

Visit

Your capital is at risk.

Visit

79% of retail CFD accounts lose money.

Overview

Eightcap is an Australian MT4 & 5 CFD broker founded in 2009 that specialises in currency, commodities, indices, stocks and cryptocurrency trading.

XTB is an international broker specialised in CFD trading and low cost forex spreads.

Best For
  • Traders familiar with MT4 and MT5 platforms
  • High volume traders looking for their specific asset offering combined with their Raw account’s low spreads
  • Cryptocurrency speculators looking for CFDs on major pairs with low spreads
  • Experienced forex traders looking for low spreads
  • Experienced stock traders looking for trading particular stocks under low spreads (with commission)
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

1

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

2

Other Licenses

2

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • ASIC (Australia)
  • SCB (Bahamas)
  • CySec (Cyprus)
  • FCA (UK)
  • CMNV (Spain)
  • UKNF (Poland)
The Good
  • Low spreads offered in their raw account
  • Wide variety of cryptocurrency pairs with low spreads
  • Low forex & stock spreads
  • Professional platform with customisable layouts
The Bad
  • Asset offering is low when compared to similar brokers
  • Standard account spreads are relatively high (from 1 pip)
  • All assets are CFDs, there is no ability to buy real shares
  • No ability to remove or customise leverage
  • High commissions on stocks & ETFs
  • All instruments are CFDs, you can't buy underlying assets (real stocks or cryptocurrencies)
Status
Operational Operational
Recent News

No fresh news at the moment. Check again soon!

No fresh news at the moment. Check again soon!

Key Data
⌛ Account Opening Time
1 day 1 day
📋 Documents Required
  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

📍 Year Founded
2009 2002
💳 Minimum Deposit Range
$100 0
💰 Payment Methods
  • Visa
  • Mastercard
  • Skrill
  • Neteller
  • Paypal
  • Bank Transfer
  • Fasapay
  • POLi Payment
  • CUP (China Union Pay)
  • BPAY
  • Visa
  • Mastercard
  • Bank Transfer
  • Sofort
  • Neteller
  • Paypal
  • Skrill
💵 Account Base Currencies
7 - AUD, CAD, EUR, GBP, NZD, SGD, USD. 5 - USD, GBP, EUR, PLN, HUF.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

US, CA, SY, IR, CY.

US, SY, IR.

📊 STP Account
Yes Yes
📊 DMA Account
No No
📊 ECN Account
No No
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
CFDs CFDs
Total Asset Offering
913 2,131
Exchange Access
0 0
📙 Real Stocks
0 0
📙 Stock CFDs
600 1,877
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
45 57
📗 Commodities
0 0
📗 Commodities CFDs
5 21
📕 Indices
0 0
📕 Indices CFDs
13 36
📔 ETFs
0 0
📔 ETFs CFDs
0 135
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
250 5
📒 Bonds
0 0
📒 Bonds CFDs
0 0
📓 Options
0 0
📓 Options CFDs
0 0
📗 Futures
0 0
📗 Futures CFDs
0 0
Trading Experience
📈 Minimum Stock Trade Size
$1,000 (0.01 Lots) $50 trade value
📉 Minimum ETFs Trade Size
Unavailable $50 trade value
📈 Minimum Crypto Trade Size
$1,000 (0.01 Lots) Varies by Crypto (Eg: 0.01 BTC)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
$1,000 (0.01 Lots) Varies by Commoditty (Eg: 0.01 Troy ounces of Gold)
📉 Minimum Bonds Trade Size
Unavailable Unavailable
📈 Minimum Futures Trade Size
Unavailable Unavailable
📉 Minimum Options Trade Size
Unavailable Unavailable
💪 Retail Leverage
30 30
💪 Professional Leverage
500 500
✍ Customisable Leverage
Yes No
🎲 Deleveraged Trading
No No
🎓 Demo Account
Yes Yes
📱 IOS App
No Yes
📱 Android App
No Yes
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
Yes No
📺 cTrader
No No
💻 Web trader
Yes Yes
💻 TradingView Platform
Yes No
💻 Proprietary Platform
No Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
No No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes Yes
Fees
💰 Inactivity Fee
None

$10 monthly after 1 year of inactivity.

💰 Deposit Fees
None None
💰 Withdrawal Fees
None None
💰 Commissions

Depending on account type:

  • Standard account has no commissions but spreads start from 1 Pip
  • Raw account has a $3.5 commission per lot round turn but spreads start from 0 Pips

For Stocks and ETFs there is an 0.08% commission with $8 minimum.

Spreads
📈 EUR/USD
Dynamic - From 0 to 1 Pip Dynamic - From 0 to 0.8 Pips
📉 SP500
Dynamic - From 40 Pips Dynamic - From 50 Pips
📈 GOLD
Dynamic - From 21 Pips Dynamic - From 35 Pips
📉 TSLA (Stock CFD)
Unavailable Dynamic - Market Spread
📈 XLK (ETF - CFD)
Unavailable Dynamic - Market Spread
📉 BTC
Dynamic - From $16 Dynamic - From $120
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No Yes
🗓 Economic Calendar
No Yes
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No
📡 Educational Content
No Yes
📡 Live Chat Support
Yes No
📡 Video Tutorials
No No
📡 Account Management
No No
📡 Webinars
No Yes