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


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Overview
eToro is an international broker specialised in social and copy trading that offers real stocks and cryptocurrencies along with CFDs on several asset classes.	Eightcap is an Australian MT4 & 5 CFD broker founded in 2009 that specialises in currency, commodities, indices, stocks and cryptocurrency trading.
Best For
New traders looking to use the copy trading feature Experienced traders looking to monetise their skills by gaining followers Passive investors looking to buy and hold shares with no commissions	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 2 Other Licenses 2 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) FCA (UK) ASIC (Australia) FSAS (Seychelles)	ASIC (Australia) SCB (Bahamas)
The Good
Social and Copy trading capabilities Trading real shares and cryptocurrencies	Low spreads offered in their raw account Wide variety of cryptocurrency pairs with low spreads
The Bad
Copy Trading statistics are not clear enough Lack of advanced order placement controls	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
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
2007	2009
💳 Minimum Deposit Range
From $50 to $200	$100
💰 Payment Methods
Visa Mastercard Bank Transfer Sofort Neteller Paypal Skrill	Visa Mastercard Skrill Neteller Paypal Bank Transfer Fasapay POLi Payment CUP (China Union Pay) BPAY
💵 Account Base Currencies
1 - USD.	7 - AUD, CAD, EUR, GBP, NZD, SGD, USD.
🗽 Available to U.S Citizens
Yes	No
❌ Restricted Countries
AF, AL, BS, BB, BY, BA, BW, BN, BI, KH, CA, TD, CD, CG, ET, FJ, GH, GN, GW, GY, IR, IQ, JM, JP, LA, LY, ML, MU, MN, ME, MM, NA, NI, KP, MK, PK, PW, WS, RS, SO, LK, SD, SY, TT, TN, TR, UG, VU, YE, ZM.	US, CA, SY, IR, CY.
📊 STP Account
Yes	Yes
📊 DMA Account
Yes	No
📊 ECN Account
No	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
Hybrid	CFDs
Total Asset Offering
4,245	913
Exchange Access
0	0
📙 Real Stocks
2,000	0
📙 Stock CFDs
2,000	600
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
47	45
📗 Commodities
0	0
📗 Commodities CFDs
14	5
📕 Indices
0	0
📕 Indices CFDs
13	13
📔 ETFs
0	0
📔 ETFs CFDs
145	0
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
26	250
📒 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
$10	$1,000 (0.01 Lots)
📉 Minimum ETFs Trade Size
$10	Unavailable
📈 Minimum Crypto Trade Size
$10	$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
Unavailable	500
✍ Customisable Leverage
Yes	Yes
🎲 Deleveraged Trading
Yes	No
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	No
📱 Android App
Yes	No
📺 MetaTrader 4
No	Yes
📺 MetaTrader 5
No	Yes
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	Yes
💻 Proprietary Platform
Yes	No
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
Yes	No
👫 Social Trading
Yes	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	Yes
Fees
💰 Inactivity Fee
After 12 months of inactivity, a $10 monthly inactivity fee will be charged.	None
💰 Deposit Fees
Conversion fees apply.	None
💰 Withdrawal Fees
$5 flat fee.	None
💰 Commissions
No commissions on real stocks and ETFs	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
Dynamic - From 1 Pip	Dynamic - From 0 to 1 Pip
📉 SP500
Dynamic - From 75 Pips	Dynamic - From 40 Pips
📈 GOLD
Dynamic - From 45 Pips	Dynamic - From 21 Pips
📉 TSLA (Stock CFD)
Dynamic - From 0.09%	Unavailable
📈 XLK (ETF - CFD)
Dynamic - From 0.09%	Unavailable
📉 BTC
Fixed - 1%	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
📡 Educational Content
Yes	No
📡 Live Chat Support
Yes	Yes
📡 Video Tutorials
Yes	No
📡 Account Management
No	No
📡 Webinars
No	No