XTB
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79% of retail CFD accounts lose money.

Vs.

Eightcap
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Your capital is at risk.

XTB Vs. Eightcap - Compare Trustworthiness, Capabilities, Fees and Legitimacy

Updated Dec 22 2022

Visit

79% of retail CFD accounts lose money.

Visit

Your capital is at risk.

Overview

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

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

Best For
  • Experienced forex traders looking for low spreads
  • Experienced stock traders looking for trading particular stocks under low spreads (with commission)
  • 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
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

2

Other Licenses

2

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • CySec (Cyprus)
  • FCA (UK)
  • CMNV (Spain)
  • UKNF (Poland)
  • ASIC (Australia)
  • SCB (Bahamas)
The Good
  • Low forex & stock spreads
  • Professional platform with customisable layouts
  • Low spreads offered in their raw account
  • Wide variety of cryptocurrency pairs with low spreads
The Bad
  • 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)
  • 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
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
2002 2009
💳 Minimum Deposit Range
0 $100
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Sofort
  • Neteller
  • Paypal
  • Skrill
  • Visa
  • Mastercard
  • Skrill
  • Neteller
  • Paypal
  • Bank Transfer
  • Fasapay
  • POLi Payment
  • CUP (China Union Pay)
  • BPAY
💵 Account Base Currencies
5 - USD, GBP, EUR, PLN, HUF. 7 - AUD, CAD, EUR, GBP, NZD, SGD, USD.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

US, SY, IR.

US, CA, SY, IR, CY.

📊 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
2,131 913
Exchange Access
0 0
📙 Real Stocks
0 0
📙 Stock CFDs
1,877 600
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
57 45
📗 Commodities
0 0
📗 Commodities CFDs
21 5
📕 Indices
0 0
📕 Indices CFDs
36 13
📔 ETFs
0 0
📔 ETFs CFDs
135 0
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
5 250
📒 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
$50 trade value $1,000 (0.01 Lots)
📉 Minimum ETFs Trade Size
$50 trade value Unavailable
📈 Minimum Crypto Trade Size
Varies by Crypto (Eg: 0.01 BTC) $1,000 (0.01 Lots)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies by Commoditty (Eg: 0.01 Troy ounces of Gold) $1,000 (0.01 Lots)
📉 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
No Yes
🎲 Deleveraged Trading
No No
🎓 Demo Account
Yes Yes
📱 IOS App
Yes No
📱 Android App
Yes No
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
No Yes
📺 cTrader
No No
💻 Web trader
Yes Yes
💻 TradingView Platform
No Yes
💻 Proprietary Platform
Yes No
📊 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

$10 monthly after 1 year of inactivity.

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

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

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