Head-to-Head Comparison

Eightcap Challenges vs FXCM

Complete side-by-side comparison based on verified data from official sources. See which broker offers better trading conditions for your needs.

Eightcap Challenges

Regulated

Est. 2009

Score

2:2

FXCM

FCA

Est. 1999

Quick Summary

Eightcap Challenges (established 2009) and FXCM (established 1999) are both regulated forex and CFD brokers. Eightcap Challenges offers tighter spreads starting from 0 pips, compared to FXCM's 0.2 pips. Both brokers offer similar maximum leverage of 100:1. Eightcap Challenges has a lower minimum deposit requirement of $5.

Trading Conditions

Feature

Eightcap Challenges

FXCM

Min. Spread

0 pips

0.2 pips

Min. Deposit

$50

Max Leverage

100:1

1000:1

Execution

Simulated (RAW)

Market Maker|Hybrid

Instruments

1000+

Founded

2009

1999

Headquarters

Australia

United Kingdom

Regulation & Licensing

Eightcap Challenges

Regulator

Seychelles

FXCM

FCA(217689)

United Kingdom

CySEC(392/20)

Cyprus

ASIC(309763)

Australia

FSCA(46534)

South Africa

Unregulated(1776 LLC 2022)

St. Vincent and the Grenadines

Platforms & Features

Feature

Eightcap Challenges

FXCM

Platforms

MetaTrader 4, MetaTrader 5, TradeLocker

Trading Station, MetaTrader 4, TradingView, Capitalise.ai, MetaTrader 5

Copy Trading

VPS Hosting

Neg. Balance Protection

Islamic Account

Demo Account

Account Types

Eightcap Challenges

One Phase Challenge

Spread: 0 pipsMin: $69Lev: 100:1Comm: $5/lot

Two Phase Challenge

Spread: 0 pipsMin: $59Lev: 100:1Comm: $5/lot

Day Trader Challenge

Spread: 0 pipsMin: $5Lev: 100:1Comm: $5/lot

FXCM

Standard Account

Spread: 1.3 pipsMin: $50Lev: 1000:1

Active Trader

Spread: 0.2 pipsMin: $25000Lev: 1000:1Comm: $6/lot

Verdict: Eightcap Challenges vs FXCM

Based on our verified data analysis, both brokers are evenly matched across our comparison criteria. Your choice should depend on your specific trading priorities.

Choose Eightcap Challenges if you prioritize the tightest possible spreads. Choose Eightcap Challenges for a lower entry barrier.

Full Eightcap Challenges Review Full FXCM Review

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Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.