Choose Eightcap if you want…
Active scalpers + crypto-CFD-focused traders wanting tier-1 ASIC + CySEC regulation with TradingView execution.
Eightcap
⭐ 4.4 / 5
VS
XM
⭐ 4.5 / 5
Eightcap vs XM — which broker is better in 2026?
We compared Eightcap and XM across five core criteria: regulation, minimum deposit, spreads, platform choice, and overall user rating. XM wins on more criteria (3 categories vs 1), making it the stronger default for most traders. Both brokers remain reputable, independently tier-1 regulated options.
| Eightcap | XM | Winner | |
|---|---|---|---|
| Rating | ⭐ 4.4 / 5 | ⭐ 4.5 / 5 | XM |
| Regulators | ASIC, CySEC, FCA (in setup), SCB Bahamas | CySEC, ASIC, IFSC, DFSA | Tie |
| Min. deposit | $100 | $5 | XM |
| Spreads from | 0.0 pips (Raw) / 1.0 pip (Standard) | 0.6 pips (Ultra Low) | Eightcap |
| Max. leverage | Up to 1:30 (EU retail) / 1:500 (offshore) | Up to 1:30 (EU retail) / 1:1000 (offshore) | — |
| Platforms | MT4, MT5, TradingView | MT4, MT5, XM WebTrader, XM Mobile | XM |
| Founded | 2009 | 2009 | — |
| HQ | Melbourne, Australia | Limassol, Cyprus | — |
Pros & cons compared
Eightcap pros
- ✓ ASIC + CySEC dual tier-1 regulation
- ✓ Raw account: 0.0 pips + $3.50/lot/side commission
- ✓ Native TradingView integration — trade directly from TradingView charts
- ✓ 1,000+ instruments including 250+ crypto CFDs (one of broadest crypto suites)
- ✓ Same-day withdrawals on most methods
Cons
- ✗ $100 minimum deposit higher than budget brokers
- ✗ Smaller brand recognition vs. Pepperstone / Pepperstone
- ✗ Limited proprietary platform — third-party only
XM pros
- ✓ $5 minimum deposit — the lowest in the regulated peer group
- ✓ Industry-leading educational content (XM Live webinars, daily research)
- ✓ Multi-jurisdictional regulation: CySEC, ASIC, IFSC, DFSA
- ✓ Strong MENA presence with Arabic platform + local payment methods
- ✓ Negative balance protection on all account types
Cons
- ✗ Spreads on Standard account (1.6+ pips) are uncompetitive vs ECN brokers
- ✗ EU leverage capped at 1:30 retail (ESMA rules)
- ✗ Limited cTrader availability — MT4/MT5 only
Which one should you choose?
Choose XM if you want…
Beginners, low-deposit traders, and education-focused traders, especially in MENA and Asia.
Frequently asked questions
Which is better — Eightcap or XM?
Based on five comparison criteria (regulation, deposit, spreads, platforms, overall rating), XM wins 3 categories. That makes it the stronger default choice — though both brokers remain reputable, independently tier-1 regulated options.
Is Eightcap more regulated than XM?
Eightcap holds licenses from: ASIC, CySEC, FCA (in setup), SCB Bahamas. XM holds licenses from: CySEC, ASIC, IFSC, DFSA. Both brokers have the same number of regulatory licenses; the specific regulators differ.
What are the spreads at Eightcap vs XM?
Eightcap spreads start from 0.0 pips (Raw) / 1.0 pip (Standard). XM spreads start from 0.6 pips (Ultra Low). Actual spreads vary by account type and market conditions.
Which has a lower minimum deposit, Eightcap or XM?
Eightcap: $100. XM: $5. XM has the lower entry barrier.
