Online brokers compared for fees, trading platforms, safety and more. See how Eightcap stacks up against FXCM!
Last update of data—Dec 2022
Eightcap is an Australian forex broker. It is regulated by both ASIC and VFSC, and is available globally for clients.
FXCM is a UK-based broker offering forex and CFD trading. It is regulated by the FCA and Australia's ASIC.
Recommended for forex traders who prefer the MetaTrader platform.
Recommended for forex traders looking for easy account opening, funding and withdrawal.
Eightcap
Eightcap is an Australian forex broker. It is regulated by both ASIC and VFSC, and is available globally for clients.
Recommended for forex traders who prefer the MetaTrader platform.
FXCM
FXCM is a UK-based broker offering forex and CFD trading. It is regulated by the FCA and Australia's ASIC.
Recommended for forex traders looking for easy account opening, funding and withdrawal.
Eightcap's service is on par with FXCM's and a comparison of their fees shows that Eightcap's fees are similar to FXCM's.
Account opening takes somewhat less effort at Eightcap compared to FXCM, deposit and withdrawal processes are somewhat easier at Eightcap, while customer service quality is similar to FXCM's.
Our experts rated the trading platform of Eightcap as somewhat worse than the platform of FXCM, found that clients have access to about the same number of markets and products with Eightcap, while FXCM provides excellent research and education.
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