Markets.com
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70% of retail CFD accounts lose money

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Eightcap
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Markets.com Vs. Eightcap - Compare and Choose the Right One

Updated Jan 08 2022

Visit

70% of retail CFD accounts lose money

Visit

Your capital is at risk.

Overview

Markets.com is an international broker that offers share dealing and CFD trading accounts through their own proprietary platform or MT4 and MT5.

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

Best For
  • Passive investors looking for share dealing services with the intent to hold shares over long perios of time
  • High volume CFD traders looking for exposure to several markets using their platform, MT4 or MT5
  • 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
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The Good
  • Clear separation between investors and Traders by offering share dealing accounts and CFD trading accounts
  • Wide range of platforms (Proprietary, MT4, MT5)
  • Wide range of stocks and stock CFDs
  • Low spreads offered in their raw account
  • Wide variety of cryptocurrency pairs with low spreads
The Bad
  • Minimum trade sizes larger than average
  • Spreads above average
  • 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 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.

🏛 Financial Regulators
  • CySec (Cyprus)
  • FCA (UK)
  • ASIC (Australia)
  • FSA (South Africa)
  • ASIC (Australia)
  • SCB (Bahamas)
📍 Year Founded
2008 2009
💳 Minimum Deposit
$, €, £ - 100 $100
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Paypal
  • Skrill
  • Visa
  • Mastercard
  • Skrill
  • Neteller
  • Paypal
  • Bank Transfer
  • Fasapay
  • POLi Payment
  • CUP (China Union Pay)
  • BPAY
💵 Account Base Currencies
11 - USD, EUR, GBP, PLN, SEK, DKK, NOK, ZAR, CZK, CHF, AUD. 7 - AUD, CAD, EUR, GBP, NZD, SGD, USD.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
US, JP, CA, BE.

US, CA, SY, IR, CY.

📊 STP Account
No No
📊 DMA Account
No No
📊 ECN Account
No No
Assets
📚 Available Assets
  • Real stocks and ETFs
  • CFDs on stocks, ETFs, currencies, commodities, cryptocurrencies, indices and bonds

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

📙 Stocks
2,008 CFDs 600+
📘 Currency Pairs
67 45
📗 Commodities
28 5
📕 Indices
40 15
📔 ETFs
66 N/A
💸 Cryptocurrencies
25 250+
📒 Bonds
4 N/A
📓 Options
NA N/A
📗 Futures
NA N/A
📝 Notes:

Markets.com also offers share dealing account with real stocks from 16 exchanges worldwide.

All of Eightcap’s assets are CFDs.

Trading Experience
📈 Minimum Stock Trade Size
1 Stock $1,000 (0.01 Lots)
📉 Minimum ETFs Trade Size
1 ETF N/A
📈 Minimum Crypto Trade Size
Varies by Crypto (Eg: 0.01 BTC) $1,000 (0.01 Lots)
📉 Minimum FX Trade Size
$1,000 $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies by Commoditty (Eg: 1 Gold Contract) $1,000 (0.01 Lots)
📉 Minimum Bonds Trade Size
Varies by Bond (Eg: 10 GER10Y Bond contracts) N/A
📈 Minimum Futures Trade Size
N/A N/A
📉 Minimum Options Trade Size
N/A N/A
💪 Retail Leverage
Up to 1:30 Up to 1:30
💪 Professional Leverage
Up to 1:300 Up to 1:500
✍ Customisable Leverage
No Yes
🎲 Deleveraged Trading
Yes No
🎓 Demo Account
Yes Yes
📱 IOS App
Yes No
📱 Android App
Yes No
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
Yes Yes
💻 Web trader
Yes Yes
💻 TradingView Platform
No - You can't log in through TradingView but their internal platform uses TradingView Charts No
💻 Proprietary Platform
Yes No
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
No No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
No Yes
Fees
💰 Inactivity Fee
Yes, $10 each month after 3 months of inactivity No
💰 Deposit Fees
No No
💰 Withdrawal Fees
No No
💰 Commissions
No comissions on CFDs. For share dealing, the first 3 months are commission free, then the structure is:
  • EU Shares = 0.1% (min €10)
  • UK Shares = 0.1% (min £8)
  • US Shares = 2c (min $15)
  • AU Shares = 0.1% (min A$10)

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 0.7 Pips From 0 to 1 Pip
📉 SP500
Dynamic - From 100 Pips From 40 Pips
📈 GOLD
Dynamic - From 50 Pips From 21 Pips
📉 TSLA (Stock CFD)
Dynamic - From $1.81 N/A
📈 XLK (ETF - CFD)
Dynamic - From $0.31 N/A
📉 BTC
Dynamic - From $104.10 Dynamic - From $16
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No, but Investment Strategy Builder is offered No
🗓 Economic Calendar
Yes No
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No

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