Eightcap
forex · stocks · crypto · futures
8.0/10
ECN from 0 pips, best TradingView 2025
- Spread
- 0.0 pips + $3.50/lot commission
- Commission
- $7 per lot
- Min deposit
- $100
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Broker scorecard
XM
7.0/10
#3 of 3 brokers
- Spread
- 0.8 pips, zero commission
- Commission
- $7 per lot
- Min deposit
- $5 (Standard / Ultra Low) / $10,000 (Shares)
- Leverage
- Up to 1000:1 forex; 500:1 indices/crypto; 200:1 energies; 20:1 stocks
- Regulation
- CySEC (Cyprus), FSCA (South Africa), DFSA (UAE), FSC (Belize/BVI), FSA (Seychelles)
- Platforms
- MT4, MT5, XM WebTrader (TradingView charts)
Visit XM
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01 · Overview
The short version
Where XM is strong
- Regulated by CySEC, FSCA, DFSA, FSC — strong multi-jurisdiction oversight
- Ultra Low account from 0.8 pips with zero commission — great for cost-conscious traders
- Exceptionally low $5 minimum deposit — most accessible major broker
- 1,400+ instruments including 1,200+ stocks and thematic indices
- Free daily webinars in 23 languages — standout educational offering
What to watch
- Standard account spreads start at 1.6 pips — wider than ECN competitors
- No cTrader or TradingView-native platform — MT4/MT5 only
- $10/month inactivity fee after 90 days
- High leverage (1000:1) only via offshore/less-regulated entities
- US clients not accepted
02 · Scores
How XM scores
- Fees8.0
Ultra Low 0.8 pips no commission is solid. Zero 0.0 pips + $7/lot matches industry average. $5 min deposit is best-in-class.
- Execution7.0
Market-maker model on Standard/Ultra Low. Zero account gets ECN-style execution. Occasional slippage on news.
- Platform7.0
MT4 and MT5 only. XM WebTrader uses TradingView charts. No cTrader. Mobile apps well-rated.
- Support8.0
24/7 multilingual support in 30+ languages via live chat, email, phone. Daily market analysis and webinars.
- Safety8.0
CySEC + FSCA + DFSA regulated. Segregated funds, negative balance protection. Founded 2009, clean track record.
03 · Specs
Specs & trading conditions
Fees & refunds6
- Typical EUR/USD spread (Ultra Low)
- 0.8 pips, zero commission
- Typical EUR/USD spread (Standard)
- 1.6 pips, zero commission
- Typical EUR/USD spread (Zero)
- 0.0 pips + $7/lot commission
- Commission (Zero account, round turn)
- $7 per lot
- Min. deposit
- $5 (Standard / Ultra Low) / $10,000 (Shares)
- Inactivity fee
- $10/month after 90 days inactive
Trading conditions2
- Leverage (max, global)
- Up to 1000:1 forex; 500:1 indices/crypto; 200:1 energies; 20:1 stocks
- Leverage (EU/CySEC, retail)
- 30:1 forex majors; 20:1 minors/gold; 5:1 stocks
Platforms & markets2
- Platforms
- MT4, MT5, XM WebTraderTradingView charts
- Instruments
- 1,400+50+ forex, 1,200+ stocks, 20+ indices, 50+ crypto, commodities
Instruments
- Forex
- Stocks
- Indices
- Commodities
- Crypto
- Metals
- Energies
Company & safety2
- Regulation
- CySEC (Cyprus), FSCA (South Africa), DFSA (UAE), FSC (Belize/BVI), FSA (Seychelles)
- Founded
- 2009
More details1
- Swap-free
- AvailableIslamic accounts
Leverage by asset class
| Asset | Instant | 1-step | 2-step | 3-step |
|---|---|---|---|---|
| AssetForex majors (global) | Instant1:1000 | 1-step— | 2-step— | 3-step— |
| AssetForex majors (EU/CySEC) | Instant1:30 | 1-step— | 2-step— | 3-step— |
| AssetIndices (global) | Instant1:500 | 1-step— | 2-step— | 3-step— |
| AssetCrypto (global) | Instant1:500 | 1-step— | 2-step— | 3-step— |
| AssetEnergies (Oil, Gas) | Instant1:200 | 1-step— | 2-step— | 3-step— |
| AssetStocks (CFD) | Instant1:20 | 1-step— | 2-step— | 3-step— |
Commissions & spreads
| Asset | Standard spread | Raw spread |
|---|---|---|
| AssetEUR/USD | Standard spread0.8 pips (Ultra Low) / 1.6 pips (Standard) | Raw spread0.0 pips + $7/lot (Zero) |
| AssetGBP/USD | Standard spread1.0 pips (Ultra Low) / 1.8 pips (Standard) | Raw spread0.0 pips + $7/lot (Zero) |
| AssetUSD/JPY | Standard spread0.8 pips (Ultra Low) / 1.6 pips (Standard) | Raw spread0.0 pips + $7/lot (Zero) |
| AssetGold (XAU/USD) | Standard spread$0.30 (Ultra Low) | Raw spread0.0 pts + $7/lot (Zero) |
| AssetCrude Oil (WTI) | Standard spread$0.04 (Ultra Low) | Raw spread0.0 pts + $7/lot (Zero) |
| AssetBTC/USD | Standard spreadWider spread (Standard) | Raw spreadMarket spread (Zero) |
| AssetS&P 500 (US500) | Standard spread0.5 pts (Ultra Low) | Raw spread0.0 pts + $7/lot (Zero) |
04 · Payments
Payments & availability
Deposits
- Visa / Mastercard
- Skrill
- Neteller
- Bank Wire Transfer
- Local payment options (region-specific)
Payouts
- Visa / Mastercard
- Skrill
- Neteller
- Bank Wire Transfer (1–5 days)
- Local payment options (region-specific)
Restricted countries5 countries
Australia
Canada
Japan
New Zealand
United States
05 · Our verdict
Ultra Low 0.8 pips, $5 min deposit
7.0/10
XM scores 7.0/10 — #3 of the 3 brokers we've rated. Its strongest area is fees (8.0); its weakest is platform (7.0).
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PerkSign up to XM through our link and Backtester Pro is free — how it works →How we score
Overall is a weighted rollup of five sub-scores — fees, execution, platform, support, safety — with weights fixed and published before any entity is reviewed. Read the methodology →
Some links on this page pay us a referral commission if you open an account. It does not affect the score or the ranking. Full disclosure →
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