easyMarkets Vs. Eightcap - Compare and Choose the Right One


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Overview
Founded in 2001, easyMarkets offers three types of accounts – VIP, Premium and Standard – with fixed spreads for its Web, App and MT4 platforms.	Eightcap is an Australian MT4 & 5 CFD broker founded in 2009 that specialises in currency, commodities, indices, stocks and cryptocurrency trading.
Best For
Forex traders who want transparent trades with fixed spreads Traders who want access to higher leverage with its global entities	Traders familiar with MT4 and MT5 platforms High volume traders looking for their specific asset offering combined with their Raw account’s low spreads Cryptocurrency speculators looking for CFDs on major pairs with low spreads
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 1 Other Licenses 3 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 1 Other Licenses 1 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
CySec (Cyprus) FSAS (Seychelles) FSC (British Virgin Islands) ASIC (Australia)	ASIC (Australia) SCB (Bahamas)
The Good
Low minimum deposit required for standard accounts No fees or commissions Clear trading conditions with fixed spreads Offers free guaranteed stop loss	Low spreads offered in their raw account Wide variety of cryptocurrency pairs with low spreads
The Bad
Asset offering isn’t that comprehensive There is no possibility of buying real stocks or ETFS Limited trading hours	Asset offering is low when compared to similar competitors Lacks platform variety as only MT4 & 5 are available All assets are CFDs, there is no ability to buy real shares
Status
Operational	Operational
Recent News
N/A	1 Day
Key Data
⌛ Account Opening Time
1 Day	1 Day
📋 Documents Required
Valid identity documents (Passport, ID card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder’s name.	Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.
📍 Year Founded
2001	2009
💳 Minimum Deposit
$, €, £ 25 for Standard account, 2,000 for premium and 10,000 for VIP	$100
💰 Payment Methods
Visa Mastercard American Express Maestro JCB Skrill Neteller AstroPay Sofort giropay Ideal Bank transfer BPay Fasapay Sticpay WebMoney bitwallet Perfect Money	Visa Mastercard Skrill Neteller Paypal Bank Transfer Fasapay POLi Payment CUP (China Union Pay) BPAY
💵 Account Base Currencies
19 - EUR, CAD, CZK, JPY, NZD, USD, SGD, CHF, GBP, MXN, AUD, PLN, TRY, CNY, HKD, NOK, SEK, ZAR, BTC	7 - AUD, CAD, EUR, GBP, NZD, SGD, USD.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, IL, CA, AF, AI, BI, KY, KY, TD, CD, CG, DM, GQ, FJ, GW, HY, HN, IR, IQ, LA, MZ, MM, NI, KP, PW, PA, SO, SS, SD, SY, TT, TM, VU, VE, YE	US, CA, SY, IR, CY.
📊 STP Account
No	No
📊 DMA Account
No	No
📊 ECN Account
No	No
Assets
📚 Available Assets
CFDs on commodities, forex, stocks, cryptocurrencies and indices.	CFDs on stocks, commodities, indices, currencies and cryptocurrencies.
📙 Stocks
64	600+
📘 Currency Pairs
62	45
📗 Commodities
17	5
📕 Indices
13	15
📔 ETFs
N/A	N/A
💸 Cryptocurrencies
17	250+
📒 Bonds
N/A	N/A
📓 Options
23	N/A
📗 Futures
N/A	N/A
📝 Notes:
All of easyMarkets assets are CFDs	All of Eightcap’s assets are CFDs.
Trading Experience
📈 Minimum Stock Trade Size
Varies per stock (Eg: AMZN 0.05, APPL 0.25)	$1,000 (0.01 Lots)
📉 Minimum ETFs Trade Size
N/A	N/A
📈 Minimum Crypto Trade Size
$2,500 (0.025 lots)	$1,000 (0.01 Lots)
📉 Minimum FX Trade Size
Varies per commodity (Eg: $25 for WTI, $75 for XAG)	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
N/A	$1,000 (0.01 Lots)
📉 Minimum Bonds Trade Size
>N/A	N/A
📈 Minimum Futures Trade Size
N/A	N/A
📉 Minimum Options Trade Size
Varies per option (Eg. 5 XAU for XAU/USD, 5,000 GBP for GBP/USD)	N/A
💪 Retail Leverage
Up to 1:30	Up to 1:30
💪 Professional Leverage
Up to 1:500	Up to 1:500
✍ Customisable Leverage
Yes, it's possible to adjust it using pre-set levels by EasyMarkets.	Yes
🎲 Deleveraged Trading
No	No
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	No
📱 Android App
Yes	No
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
No	Yes
💻 Web trader
Yes	Yes
💻 TradingView Platform
Yes	No
💻 Proprietary Platform
Yes	No
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
No	No
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
Yes, for Web and App accounts	No
🔨 Trailing Stop-loss
No	Yes
Fees
💰 Inactivity Fee
N/A	No
💰 Deposit Fees
No	No
💰 Withdrawal Fees
No	No
💰 Commissions
No	Depending on account type: Standard account has no commissions but spreads start from 1 Pip Raw account has a $3.5 commission per lot round turn but spreads start from 0 Pips
Spreads
📈 EUR/USD
Fixed per account (Eg: 1.7 Pips Standard MT4, 1.2 Pips Premium MT4 and 0.7 Pips VIP MT4)	From 0 to 1 Pip
📉 SP500
Fixed at 150 Pips	From 40 Pips
📈 GOLD
Fixed per account (Eg: $0.05 Standard MT4, $0..4 Premium MT4 and $0.03 for VIP MT4)	From 21 Pips
📉 TSLA (Stock CFD)
$13	N/A
📈 XLK (ETF - CFD)
N/A	N/A
📉 BTC
Fixed from $110 for Web/App and $100 for MT4 accounts	Dynamic - From $16
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	No
📜 Integrated Newsfeed
Yes	No
📡 Reuters Feed
No	No