Markets vs Eightcap

If you are reading this article, you’re likely having trouble deciding whether Markets.com or Eightcap is the better Forex trading platform for you. While both platforms generally provide positive user experiences, there are some essential differences to note.

In this Eightcap versus Markets review, we outline the highlights of each trading platform to help you make a more informed decision. We evaluate:

Feature Markets (visit site) Eightcap (visit site)
markets Eightcap
Headquarter: Cyprus Australia
Regulation :
CySEC, FSCA ASIC, FSC
Type of Broker:
Market Maker/STP Market Maker
U.S. Clients Allowed:
Minimum Deposit:
$250 $100
Maximum Leverage:
1:30 1:500
Commissions / Spreads:
Spreads, Commission Both
Account 1:
CFD Standard
Account 2:
Share Dealing ECN
Account 3:
Professional
Account 4:
Demo Account:
Islamic Account:
Segregated Account:
Managed Accounts:
Institutional Accounts:
Website Languages:
  • English
  • Spanish
  • 7+
  • English
  • Chinese
  • Other
Support Hours:
24/5 24/5
E-mail Support:
SMS Support:
Chat:
Broker Offers:

Features and Platforms

Markets.com investors may use the Investment Strategy Builder in the proprietary Marketsi trading platform to create customized portfolios. CFD traders have Marketsx and the MT4/MT5 trading platforms for automated and copy trading. The XRay personalized financial live stream service and fourteen trading tools enhance the trading environment. Eightcap is an Australian-based broker that continues to improve its offer to traders. Besides the MT4/MT5 trading platforms, Eightcap added Capitalise AI, a machine-learning solution that allows traders to create automated strategies. Excellent trade execution, trading costs, and in-house research also stand out at Eightcap.

Feature Markets Eightcap
Type of Platform: Proprietary trading platform, MT4, MT5 MetaTrader 4, MetaTrader 5
Platform Languages:
  • English
  • Spanish
  • 7+
  • English
OS Compatibility:
  • Windows
  • Mobile
  • Web
  • iPhone
  • iPad
  • Windows
  • Mobile
  • Web
  • iPhone
  • iPad
Trading Signals:
Charting Package:
Market Analysis:
Chart Trading:
Automated Trading:
Scalping:
Hedging:
Mobile Alerts:
Trailing Stops:
Guaranteed Stop Loss:
Guaranteed Limit Orders:
Guaranteed Execution:
One-click Execution:
Interest on Margin:
Web-based Trading:
Mobile Trading:

Available Markets

When it comes to available markets, Markets.com has a notable advantage. Forex traders have 67 currency pairs and 25 cryptocurrency pairs versus 29 and 0 at Eightcap, respectively. The lead expands with 28 commodities and 40 index CFDs at Markets.com, while traders at Eightcap have an unacceptable four and eight. Markets.com also maintains 2,027 equity CFDs, 60 ETFs, 23 in-house themed stock baskets, and four bond CFDs. Eightcap counters with 150+ equity CFDs. The asset selection at Eightcap suffices for new traders to get started, but fails to serve advanced trading needs, while Markets.com presents a well-balanced choice.

Feature Markets Eightcap
ETFs:
CFDs:
Commodities:
Metals:
Stocks:
Oil:
Gold:
Binary Options:
Indices:

Typical Spreads and Fees

Forex traders at Markets.com benefit from one of the most trader-friendly commission-based offers. The minimum spread is 0.6 pips, equaling $6 per 1.0 lot. Eightcap features a mark-up of 1.0 pips for an increase of $4 to $10 per 1.0 lot. It also lists a commission-based alternative with raw spreads of 0.0 pips and a cost of $7 per round lot. Therefore, Markets.com remains notably more competitively prized. Traders have to pay swap rates on leveraged overnight positions, and receive the impact of corporate actions like dividends, splits, and mergers. Third-party payment processor fees may apply.

Security and Trust

Markets.com holds licenses from the UK Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities & Investments Commission (ASIC), and the British Virgin Islands Financial Services Commission (FSC). It also has a £/€/$1,000,000 excess of loss insurance policy and is owned by a publicly listed company in the UK, Playtech PLC, a constituent of the FTSE250. Eightcap operates under oversight from the ASIC and the Vanuatu Financial Services Commission (VFSC). Both brokers segregate client deposits from corporate funds and offer traders negative balance protection while maintaining a clean regulatory record.

Markets vs Eightcap – Verdict

Investors and traders get access to an excellent trading environment at Markets.com, one of the most recognized and trusted brokers operational today. The core MT4/MT5 trading platforms offer automated traders a well-known choice, with MT4 the market leader in this category. Enhancing the trading environment are two proprietary trading platforms, fourteen quality trading tools, the personalized financial live stream service XRay, and one of the best pricing environments. The asset selection at Markets.com suffices for all types of traders, placing Markets.com among the best-balanced brokers. While Eightcap is a significantly smaller brokerage, it continued to improve its trading conditions. Its latest addition, Capitalise AI, provides a significant trading edge to clients, as it supports automation of trading strategies, representing a cutting edge trading tool. Eightcap provides traders with out-of-the-box MT4/MT5 trading platforms, quality in-house research, an acceptable commission-based pricing environment. Regrettably, a limited asset selection exists.

Read full Markets Review
Read full Eightcap Review

FAQs

Does Markets.com or Eightcap offer lower pricing?

Markets.com offers traders lower pricing with its commission-free structure commencing at 0.6 pips or $6 per 1.0 standard lot. The best offer at Eightcap is its commission-based alternative with raw spreads of 0.0 pips and a cost of $7 per lot.

Is Markets.com or Eightcap safer for Forex and CFDs trading?

Both provide traders with a safe trading environment and a clean regulatory record. Markets.com has more licenses, a £/€/$1,000,000 excess of loss insurance policy, and is part of a publicly listed company. Therefore, the security profile is more massive.

Which is better, Markets.com or Eightcap?

While Markets.com presents an overall better trading environment and tools, the addition of Capitalise AI at Eightcap offers clients an edge only available at a few brokers.

Which is the more reliable broker?

When it comes to reliability, both brokers present an excellent choice.