Eightcap
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Vs.

Pepperstone
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74-89% of retail CFD accounts lose money.

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

Updated Dec 22 2022

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Your capital is at risk.

Visit

74-89% 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.

Pepperstone is an Australian broker founded in 2010 with the aim of providing a professional trading experience with low fees and tight spreads. Currently Pepperstone counts with 7 financial licenses and operates in almost every country around the world.

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
  • Professional traders that day-trade or scalp
  • Algorithmic traders using their own custom built robots
  • Experienced traders
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

4

Other Licenses

3

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • ASIC (Australia)
  • SCB (Bahamas)
  • BaFin (Germany)
  • FCA (UK)
  • ASIC (Australia)
  • DFSA (United Arab Emirates)
  • CySec (Cyprus)
  • SCB (Bahamas)
  • CMA (Kenya)
The Good
  • Low spreads offered in their raw account
  • Wide variety of cryptocurrency pairs with low spreads
  • Well regulated on several jurisdictions
  • Low latency, fast execution under 30ms
  • Competitive spreads and low commissions from 0.0 pips on their Razor account
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
  • Avaliable asset offering is not that comprehensive
  • No ability to purchase real stocks or cryptocurrencies, only CFDs
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 2010
💳 Minimum Deposit Range
$100 $200
💰 Payment Methods
  • Visa
  • Mastercard
  • Skrill
  • Neteller
  • Paypal
  • Bank Transfer
  • Fasapay
  • POLi Payment
  • CUP (China Union Pay)
  • BPAY
  • Visa
  • Mastercard
  • Bank Transfer
  • Paypal
  • Neteller
  • Skrill
  • POLi
  • Bpay
  • Unionpay
  • Mpesa
💵 Account Base Currencies
7 - AUD, CAD, EUR, GBP, NZD, SGD, USD. 9 - USD, GBP, AUD, EUR, CHF, HKD, SGD, JPY, NZD.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

US, CA, SY, IR, CY.

AF, AS, AQ, AR, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, KM, TD, CD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, UY, VU, VE, VG, EH, YE, ZW, RU.

📊 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 1,536
Exchange Access
0 0
📙 Real Stocks
0 0
📙 Stock CFDs
600 1,300
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
45 60
📗 Commodities
0 0
📗 Commodities CFDs
5 31
📕 Indices
0 0
📕 Indices CFDs
13 25
📔 ETFs
0 0
📔 ETFs CFDs
0 100
💸 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) Varies by Crypto (Eg: 0.01 BTC)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
$1,000 (0.01 Lots) Varies by Commodity (Eg: 0.1 Troy ounces of Gold)
📉 Minimum Bonds Trade Size
Unavailable Unavailable
📈 Minimum Futures Trade Size
Unavailable Unavailable
📉 Minimum Options Trade Size
Unavailable Unavailable
💪 Retail Leverage
30 400
💪 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 Yes
💻 Web trader
Yes Yes
💻 TradingView Platform
Yes Yes
💻 Proprietary Platform
No No
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
No Yes
👫 Social Trading
No Yes
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes Yes
Fees
💰 Inactivity Fee
None None
💰 Deposit Fees
None None
💰 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
  • For Standard account : All fees included in the spread
  • For Razor account: From $7 per Lot round turn
Spreads
📈 EUR/USD
Dynamic - From 0 to 1 Pip Dynamic - From 0 to 0.77 Pips
📉 SP500
Dynamic - From 40 Pips Dynamic - From 0.4 to 1.5 Pips
📈 GOLD
Dynamic - From 21 Pips Dynamic - Average 13.81 Pips
📉 TSLA (Stock CFD)
Unavailable Dynamic - Market Spread
📈 XLK (ETF - CFD)
Unavailable Dynamic - Market Spread
📉 BTC
Dynamic - From $16 Dynamic - From $30
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
No Yes
📜 Integrated Newsfeed
No Yes
📡 Reuters Feed
No No
📡 Educational Content
No Yes
📡 Live Chat Support
Yes Yes
📡 Video Tutorials
No Yes
📡 Account Management
No No
📡 Webinars
No Yes