Eightcap
Visit

Your capital is at risk.

Vs.

easyMarkets
Visit

75% of retail CFD accounts lose money.

Eightcap Vs. easyMarkets - Compare and Choose the Right One

Updated May 13 2022

Visit

Your capital is at risk.

Visit

75% of retail CFD accounts lose money.

Overview

Eightcap is an Australian MT4 & 5 CFD broker founded in 2009 that specialises in currency, commodities, indices, stocks and cryptocurrency trading.

Founded in 2001, easyMarkets offers three types of accounts – VIP, Premium and Standard – with fixed spreads for its Web, App and MT4 platforms.

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
  • Forex traders who want transparent trades with fixed spreads
  • Traders who want access to higher leverage with its global entities
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

3

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • ASIC (Australia)
  • SCB (Bahamas)
  • CySec (Cyprus)
  • FSAS (Seychelles)
  • FSC (British Virgin Islands)
  • ASIC (Australia)
The Good
  • Low spreads offered in their raw account
  • Wide variety of cryptocurrency pairs with low spreads
  • Low minimum deposit required for standard accounts
  • No fees or commissions
  • Clear trading conditions with fixed spreads
  • Offers free guaranteed stop loss
The Bad
  • 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
  • Asset offering isn’t that comprehensive
  • There is no possibility of buying real stocks or ETFS
  • Limited trading hours
Status
Operational Operational
Recent News
1 Day N/A
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 documents (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 2001
💳 Minimum Deposit
$100

$, €, £ 25 for Standard account, 2,000 for premium and 10,000 for VIP 

💰 Payment Methods
  • Visa
  • Mastercard
  • Skrill
  • Neteller
  • Paypal
  • Bank Transfer
  • Fasapay
  • POLi Payment
  • CUP (China Union Pay)
  • BPAY
  • Visa
  • Mastercard
  • American Express
  • Maestro
  • JCB
  • Skrill
  • Neteller
  • AstroPay
  • Sofort
  • giropay
  • Ideal 
  • Bank transfer
  • BPay
  • Fasapay
  • Sticpay
  • WebMoney
  • bitwallet
  • Perfect Money
💵 Account Base Currencies
7 - AUD, CAD, EUR, GBP, NZD, SGD, USD.

19 - EUR, CAD, CZK, JPY, NZD, USD, SGD, CHF, GBP, MXN, AUD, PLN, TRY, CNY, HKD, NOK, SEK, ZAR, BTC

🗽 Available to U.S Citizens
No No
❌ Restricted Countries

US, CA, SY, IR, CY.

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
📊 STP Account
No No
📊 DMA Account
No No
📊 ECN Account
No No
Assets
📚 Available Assets

CFDs on stocks, commodities, indices, currencies and cryptocurrencies.

CFDs on commodities, forex, stocks, cryptocurrencies and indices.

📙 Stocks
600+ 64
📘 Currency Pairs
45 62
📗 Commodities
5 17
📕 Indices
15 13
📔 ETFs
N/A N/A
💸 Cryptocurrencies
250+ 17
📒 Bonds
N/A N/A
📓 Options
N/A 23
📗 Futures
N/A N/A
📝 Notes:

All of Eightcap’s assets are CFDs.

All of easyMarkets assets are CFDs

Trading Experience
📈 Minimum Stock Trade Size
$1,000 (0.01 Lots) Varies per stock (Eg: AMZN 0.05, APPL 0.25)
📉 Minimum ETFs Trade Size
N/A N/A
📈 Minimum Crypto Trade Size
$1,000 (0.01 Lots) $2,500 (0.025 lots)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) Varies per commodity (Eg: $25 for WTI, $75 for XAG)
📈 Minimum Commodities Trade Size
$1,000 (0.01 Lots) N/A
📉 Minimum Bonds Trade Size
N/A >N/A
📈 Minimum Futures Trade Size
N/A N/A
📉 Minimum Options Trade Size
N/A Varies per option (Eg. 5 XAU for XAU/USD, 5,000 GBP for GBP/USD)
💪 Retail Leverage
Up to 1:30 Up to 1:30
💪 Professional Leverage
Up to 1:500 Up to 1:500
✍ Customisable Leverage
Yes Yes, it's possible to adjust it using pre-set levels by EasyMarkets.
🎲 Deleveraged Trading
No No
🎓 Demo Account
Yes Yes
📱 IOS App
No Yes
📱 Android App
No Yes
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
Yes No
💻 Web trader
Yes Yes
💻 TradingView Platform
No Yes
💻 Proprietary Platform
No Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
No No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No Yes, for Web and App accounts
🔨 Trailing Stop-loss
Yes No
Fees
💰 Inactivity Fee
No N/A
💰 Deposit Fees
No No
💰 Withdrawal Fees
No No
💰 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
No
Spreads
📈 EUR/USD
From 0 to 1 Pip

Fixed per account (Eg: 1.7 Pips Standard MT4, 1.2 Pips Premium MT4 and 0.7 Pips VIP MT4)

📉 SP500
From 40 Pips Fixed at 150 Pips
📈 GOLD
From 21 Pips

Fixed per account (Eg: $0.05 Standard MT4, $0..4 Premium MT4 and $0.03 for VIP MT4)

📉 TSLA (Stock CFD)
N/A $13
📈 XLK (ETF - CFD)
N/A N/A
📉 BTC
Dynamic - From $16

Fixed from $110 for Web/App and $100 for MT4 accounts

Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
No Yes
📜 Integrated Newsfeed
No Yes
📡 Reuters Feed
No No

By using TheTradingBible.com's website you agree to the use of cookies.