Eightcap Vs. BDSwiss - Compare Trustworthiness, Capabilities, Fees and Legitimacy


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Overview
Eightcap is an Australian MT4 & 5 CFD broker founded in 2009 that specialises in currency, commodities, indices, stocks and cryptocurrency trading.	BDSwiss is a global broker headquartered in Switzerland that holds multiple financial licenses and offers access to over 250 financial instruments through 4 account types according to each trader's needs.
Best For
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	Beginners looking to learn the basics using the "Cent" account Intermediate traders looking for quality fundamental analysis
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 1 Other Licenses 1 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 1 Other Licenses 2 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
ASIC (Australia) SCB (Bahamas)	CySec (Cyprus) NFA (United States) FSC (Mauritius)
The Good
Low spreads offered in their raw account Wide variety of cryptocurrency pairs with low spreads	Excellent educational library with analysis published on the daily basis Suitable for traders who are willing to invest time in learning fundamental analysis.
The Bad
Asset offering is low when compared to similar brokers Standard account spreads are relatively high (from 1 pip) All assets are CFDs, there is no ability to buy real shares	Higher spreads and limited functionality for small accounts Needs $1000 deposit to have access to a personal account manager, or $5,000 for the advantageous Raw account.
Status
Operational	Operational
Recent News
No fresh news at the moment. Check again soon!	No fresh news at the moment. Check again soon!
Key Data
⌛ Account Opening Time
1 day	1 day
📋 Documents Required
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.	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
2009	2012
💳 Minimum Deposit Range
$100	$100
💰 Payment Methods
Visa Mastercard Skrill Neteller Paypal Bank Transfer Fasapay POLi Payment CUP (China Union Pay) BPAY	Visa Mastercard Bank Transfer Neteller Skrill Sofort iDeal
💵 Account Base Currencies
7 - AUD, CAD, EUR, GBP, NZD, SGD, USD.	4 - USD, EUR, GBP, SEK.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, SY, IR, CY.	BE, CD ,ER, JP, KP, LY, MU, SC, SO, SD, US.
📊 STP Account
Yes	Yes
📊 DMA Account
No	No
📊 ECN Account
No	Yes
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	CFDs
Total Asset Offering
913	1,066
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
600	900
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
45	50
📗 Commodities
0	0
📗 Commodities CFDs
5	6
📕 Indices
0	0
📕 Indices CFDs
13	10
📔 ETFs
0	0
📔 ETFs CFDs
0	80
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
250	20
📒 Bonds
0	0
📒 Bonds CFDs
0	0
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
$1,000 (0.01 Lots)	1 Share
📉 Minimum ETFs Trade Size
Unavailable	1 ETF
📈 Minimum Crypto Trade Size
$1,000 (0.01 Lots)	$1,000 (0.01 Lots)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
$1,000 (0.01 Lots)	$1,000 (0.01 Lots)
📉 Minimum Bonds Trade Size
Unavailable	Unavailable
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
30	30
💪 Professional Leverage
500	500
✍ Customisable Leverage
Yes	No
🎲 Deleveraged Trading
No	No
🎓 Demo Account
Yes	Yes
📱 IOS App
No	Yes
📱 Android App
No	Yes
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
Yes	Yes
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
Yes	No
💻 Proprietary Platform
No	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
No	Yes
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	Yes
Fees
💰 Inactivity Fee
None	10% of account balance after 90 days of inactivity (minimum at €25, maximum at €49.90).
💰 Deposit Fees
None	€10 flat fee for bank wire withdrawals equal to or less than €100.
💰 Withdrawal Fees
None	None
💰 Commissions
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	Yes depending on account type (Eg: Raw accounts have a $5 per lot round turn commission while other pay spreads).
Spreads
📈 EUR/USD
Dynamic - From 0 to 1 Pip	Dynamic - From 0.3 Pips to 1.5 Pips
📉 SP500
Dynamic - From 40 Pips	Dynamic - From 39 Pips
📈 GOLD
Dynamic - From 21 Pips	Dynamic - From 27 Pips
📉 TSLA (Stock CFD)
Unavailable	Dynamic - From $3.30
📈 XLK (ETF - CFD)
Unavailable	0.10%
📉 BTC
Dynamic - From $16	Dynamic - From $190
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
No	Yes
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No
📡 Educational Content
No	Yes
📡 Live Chat Support
Yes	Yes
📡 Video Tutorials
No	Yes
📡 Account Management
No	Yes
📡 Webinars
No	Yes