Comparison Between FXCM and Eightcap – Detailed Review of Two Trusted Forex Brokers in 2025
The global Forex market continues to expand, leading to the emergence of numerous reputable international brokers. Among them, FXCM and Eightcap stand out as popular choices for Vietnamese traders due to their stable platforms, competitive fees, and transparent policies. However, each broker has distinct advantages that cater to different trading styles.
This article provides a comprehensive comparison of FXCM and Eightcap based on key criteria: regulation, trading costs, platforms, products, customer service, and reliability — helping traders determine the most suitable option for 2025.
Overview of FXCM
FXCM (Forex Capital Markets) was established in 1999 in London (UK) — making it one of the oldest Forex brokers in the world. With over 25 years of experience, FXCM has expanded to more than 150 countries and serves hundreds of thousands of traders globally.
Regulation and Oversight:
FXCM is strictly regulated by top-tier financial authorities:FCA (UK), ASIC (Australia), FSCA (South Africa), CySEC (Cyprus)
These licenses ensure transparency, safety, and compliance with global financial standards.
Trading Instruments:
FXCM offers over 400 financial products, including:Forex, Stock indices, Commodities (oil, gold, silver, copper, natural gas), Cryptocurrencies, Stock CFDs
Key Highlights of FXCM:
- Spreads from 0.6 pip, no commission on Standard accounts
- Maximum leverage 1:400
- Proprietary Trading Station platform plus MT4, MT5, and NinjaTrader support
- Offers API Trading and Auto Trading tools for professionals
Overview of Eightcap
Eightcap, founded in 2009 in Australia, is operated by Eightcap Pty Ltd, a fast-growing fintech firm in the Asia-Pacific region. Eightcap focuses on providing a transparent, low-cost trading environment powered by advanced technology.
Regulation and Oversight:
Eightcap is licensed by:ASIC (Australia), SCB (Bahamas)
These authorities ensure compliance with international standards, investor protection, and operational transparency.
Trading Instruments:
Eightcap offers over 1,000 products, including:Forex, Stock CFDs, Stock indices, Commodities, Cryptocurrencies (BTC, ETH, XRP, LTC, and more)
Key Highlights of Eightcap:
- Spreads from 0.0 pip (Raw Account)
- Low commission $3.5/lot/side
- Maximum leverage 1:500
- Supports MT4, MT5, and TradingView
- Trade 100+ crypto pairs 24/7
Comparison of Regulation and Reliability
| Criteria | FXCM | Eightcap |
|---|---|---|
| Year Established | 1999 | 2009 |
| Regulators | FCA, ASIC, FSCA, CySEC | ASIC, SCB |
| Global Reputation | Very High | High |
| Investor Protection | Yes (FSCS, Negative Balance Protection) | Yes (ASIC, Negative Balance Protection) |
| Headquarters | United Kingdom | Australia |
FXCM clearly has the advantage in reputation and regulatory strength, being overseen by FCA – one of the world’s strictest financial authorities. Eightcap, though newer, remains highly secure and trustworthy under ASIC supervision.
Comparison of Trading Costs
| Criteria | FXCM | Eightcap |
|---|---|---|
| Average Spread | From 0.6 pip | From 0.0 pip (Raw) |
| Commission | $0 (Standard) | $7/lot (Raw) |
| Max Leverage | 1:400 | 1:500 |
| Swap Fees | Yes | Yes |
| Hidden Fees | No | No |
Eightcap offers lower spreads, ideal for scalpers and professional traders. FXCM suits beginners better thanks to zero commission on standard accounts.
Comparison of Trading Platforms
| Criteria | FXCM | Eightcap |
|---|---|---|
| Supported Platforms | MT4, MT5, Trading Station, NinjaTrader | MT4, MT5, TradingView |
| Copy Trading | Yes (ZuluTrade, Myfxbook) | Yes (Capitalise.ai, MT5 CopyTrade) |
| Execution Speed | 0.05s | 0.03s |
| API Trading | Yes | Yes |
| Mobile App | Yes | Yes |
Both brokers support MT4 and MT5, the industry’s most trusted platforms. Eightcap gains an edge with TradingView integration, while FXCM offers its exclusive Trading Station and advanced API tools.
Comparison of Trading Instruments
| Product Category | FXCM | Eightcap |
|---|---|---|
| Forex | ✓ | ✓ |
| Commodities | ✓ | ✓ |
| Indices | ✓ | ✓ |
| Stock CFDs | ✓ | ✓ |
| Cryptocurrencies | ✓ | ✓ (100+ pairs) |
| Bonds | ✗ | ✗ |
Eightcap has a clear advantage in crypto trading, offering over 100 pairs available 24/7. FXCM, meanwhile, provides stronger stability and deeper liquidity for traditional markets.
Customer Support and Payments
| Criteria | FXCM | Eightcap |
|---|---|---|
| Vietnamese Support | Yes (24/5) | Yes (24/7) |
| Contact Channels | Live Chat, Email, Hotline | Live Chat, Email, Telegram |
| Deposit/Withdrawal | Visa, Internet Banking, Skrill, Neteller | Visa, Internet Banking, Crypto (USDT, BTC) |
| Processing Time | 1–24 hours | Nearly instant |
| Withdrawal Fees | 0 | 0 |
Eightcap supports crypto deposits/withdrawals (USDT, BTC), which adds flexibility for global traders. FXCM maintains a stable withdrawal process with multiple traditional payment methods and no hidden fees.
FXCM – Advantages
- Long-standing reputation, highly regulated
- Licensed by FCA and ASIC
- No commission on Standard accounts
- Multiple platforms with professional API support
FXCM – Disadvantages:
- Higher spreads than Eightcap
- No crypto payment options
- Eightcap – Advantages
- Ultra-low spreads from 0.0 pip
- Supports TradingView and CopyTrade
- Extensive crypto trading options
- Fast deposits/withdrawals via crypto
Eightcap – Disadvantages:
- Fewer licenses compared to FXCM
- No proprietary platform
Overall Evaluation
| Criteria | FXCM | Eightcap |
|---|---|---|
| Reputation & Regulation | ★★★★★ | ★★★★☆ |
| Trading Costs | ★★★★☆ | ★★★★★ |
| Platform & Technology | ★★★★★ | ★★★★★ |
| Customer Service | ★★★★★ | ★★★★★ |
| Product Diversity | ★★★★☆ | ★★★★★ |
| Best For | Beginners, long-term investors | Professionals, crypto traders |
Which Broker Should You Choose?
Both FXCM and Eightcap are reputable Forex brokers with strong global regulation and excellent service quality.
FXCM is ideal for beginners or long-term investors who prefer a stable environment, zero-commission trading, and strong regulatory protection from FCA and ASIC.
Eightcap is better suited for experienced traders who value low spreads, crypto trading, and advanced charting tools like TradingView.
Depending on your trading strategy and experience, FXCM offers long-term stability, while Eightcap delivers flexible performance and cost efficiency for 2025.
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