Written by ForexBrokers.com
In this head to head comparison of Eightcap vs ATFX, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
When comparing the online brokers Eightcap and ATFX, both have earned a solid trust score of 85 out of 99 from ForexBrokers.com, categorizing them as trusted. Founded in 2009, Eightcap holds three Tier-1 licenses, showing a commitment to high-level regulatory standards, though it lacks Tier-2 licenses. On the other hand, ATFX, established in 2017, has acquired four Tier-1 licenses, along with two Tier-2 licenses, indicating a diverse regulatory approach.
Neither Eightcap nor ATFX is a bank or publicly traded, which might factor into one's decision-making. Despite these similarities, the slight edge in Tier-1 and Tier-2 licensing puts ATFX slightly ahead in terms of regulatory variety. While both brokers are trusted, potential investors should consider these details when choosing their preferred trading platform.
| Feature |
Eightcap
|
ATFX
|
|---|---|---|
| Year Founded | 2009 | 2017 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 4 |
| Tier-2 Licenses | 0 | 2 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing the commissions and fees of Eightcap and ATFX, Eightcap presents a more detailed cost structure due to its two account options. Account holders can choose between the commission-based Raw account, which lists an average spread of 0.06 pips before adding a per-side commission of $3.50 per trade, resulting in an all-in cost of roughly 0.76 pips. This is slightly below the industry average of 0.8 pips. Alternatively, clients can select the spread-only Standard account. Despite competitive pricing with the Raw account, Eightcap is still a bit pricier than the lowest-cost forex brokers overall.
On the other hand, ATFX does not provide specific average spread data, making a direct comparison challenging. However, when evaluated for overall commissions and fees, Eightcap receives a rating of 4 out of 5 stars, whereas ATFX garners 3 out of 5 stars. This indicates that Eightcap generally offers a more favorable fee structure for traders, especially for those opting for the Raw account.
In the context of rankings among 63 brokers by ForexBrokers.com, Eightcap is placed at #26, signifying it as a mid-range option in terms of cost. In contrast, ATFX ranks much lower at #60, suggesting that its fee framework might not be as competitive when compared to many of its peers. This ranking underscores the difference in cost-effectiveness between the two brokers, with Eightcap emerging as the more economical choice for trading based on available data.
| Feature |
Eightcap
|
ATFX
|
|---|---|---|
| Minimum Deposit | $100 | $500 |
| Average Spread EUR/USD - Standard | 1.0 | N/A |
| All-in Cost EUR/USD - Active | 0.76 | N/A |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing Eightcap and ATFX for their range of investment options, both brokers allow traders to engage in forex trading as a CFD. Eightcap offers an extensive selection of 800 tradeable symbols, including 56 forex pairs. Meanwhile, ATFX provides a range of 150 tradeable symbols and 44 forex pairs. Neither broker offers direct access to exchange-traded securities on U.S. or international markets, meaning clients cannot purchase shares such as Apple or Vodafone directly. Both Eightcap and ATFX support copy trading and offer cryptocurrency derivatives, though neither allows clients to buy actual cryptocurrencies.
Despite the differences in the number of tradeable symbols, both brokers receive a 3.5-star rating for their range of investments. However, their rankings differ when evaluated by ForexBrokers.com, with Eightcap positioned at #40 out of 63 brokers, while ATFX is ranked at #57. This indicates a varied position in the competitive landscape, emphasizing that while both offer a solid selection, Eightcap might appeal more to those seeking a broader array of tradeable symbols.
| Feature |
Eightcap
|
ATFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 800 | 150 |
| Forex Pairs (Total) | 56 | 44 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When choosing between Eightcap and ATFX, both brokers deliver a comprehensive range of trading platforms and tools that cater to varying trader needs. Both brokers offer the renowned MetaTrader 4 and MetaTrader 5 platforms, providing a consistent and familiar experience across the board. With support for desktop downloads and web-based platforms, they ensure accessibility regardless of your preferred device. If you're exploring strategies or just starting out, rest assured as both Eightcap and ATFX offer free virtual demo accounts. For those interested in mimicking professional strategies, copy trading is available with both brokers. However, neither supports platforms like DupliTrade or ZuluTrade.
According to ForexBrokers.com, Eightcap outshines ATFX slightly in terms of trading platforms and tools, boasting a superior ranking of 4 stars compared to ATFX's 3.5 stars. This is reflected in their rank, where Eightcap places 38th out of 63 brokers, while ATFX sits at 62nd. Charting tools are robust for both options, with 15 drawing tools each and the convenience of trading directly from charts. Watch list functionality is on par as well, with both offering seven customizable columns. Despite similarities, Eightcap appears to offer a slightly more polished toolset, which could benefit traders looking for a more streamlined experience.
| Feature |
Eightcap
|
ATFX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading apps, both Eightcap and ATFX offer solid choices for traders with iPhones and Android devices. With essential features like stock or forex price alerts, trendline drawing capabilities, and the ability to view charts across multiple time frames, both apps cover the basics effectively. However, Eightcap pulls ahead with its ability to sync watchlists seamlessly between the mobile app and the online account, a feature that ATFX unfortunately lacks. Eightcap's app also impresses with a more comprehensive suite of 30 technical studies for charting, in contrast to ATFX's 7, giving users a richer set of tools for technical analysis.
Another key difference is the user experience, reflected in their ratings and rankings. Eightcap earns a commendable 4-star rating for its mobile trading app, positioning itself considerably higher at #38 out of 63 brokers according to ForexBrokers.com. On the other hand, ATFX's mobile offering has a slightly lower rating of 3.5 stars and sits at the bottom of the list at #63. While both apps provide the ability to create watchlists with real-time quotes and save charts' drawings automatically, Eightcap seems to provide a more user-friendly and feature-rich experience for those who prioritize on-the-go trading.
| Feature |
Eightcap
|
ATFX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | 7 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Both Eightcap and ATFX offer daily market commentary, but their other research features differ significantly. Eightcap provides a sentiment-based trading tool that helps users understand market trends by showing the ratio of long or short positions across various currency pairs. They also offer an economic calendar that keeps traders informed about current and upcoming global economic events. However, they lack access to news from top-tier sources and do not offer tools from well-known companies like Autochartist or Trading Central, resulting in a research rating of 3.5 stars and ranking at #39 by ForexBrokers.com.
While ATFX similarly provides daily market commentary and an economic calendar, it stands out by offering technical analysis and research tools from Autochartist and Trading Central. Despite this advantage, ATFX does not provide sentiment-based trading tools or access to leading financial news sources. These differences contribute to ATFX's slightly lower research rating of 3 stars and its ranking at #54 among 63 brokers according to ForexBrokers.com. Overall, the choice between Eightcap and ATFX depends on whether traders prioritize sentiment analysis or technical research tools.
| Feature |
Eightcap
|
ATFX
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | No |
| Autochartist | No | Yes |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available for beginners from Eightcap and ATFX, both online brokers provide a good starting point with over 10 educational pieces focusing on forex and CFDs. These resources, which include articles, videos, and archived webinars, help lay the foundation for new traders. Moreover, both platforms offer a searchable archive of recorded webinars, though neither hosts live educational webinars on a monthly basis. For beginners looking to familiarize themselves with trading concepts, each broker supplies a set of beginner-friendly videos. Furthermore, they both offer comprehensive investor dictionaries that cover over 50 trading terms, aiding those who wish to deepen their understanding of financial terminology.
While neither Eightcap nor ATFX provides an extensive library of advanced educational videos, their beginner resources are notable. Eightcap receives a slightly higher education rating of 3.5 stars compared to ATFX's 3-star rating, reflecting the resources' effectiveness and accessibility for newcomers. Despite Eightcap's individual resources rating higher, ATFX ranks better overall in ForexBrokers.com's education category, securing the 28th position out of 63 brokers, while Eightcap sits at 40th. This suggests that while Eightcap slightly edges out ATFX in certain aspects, ATFX's education offerings create a stronger overall educational experience for beginners.
| Feature |
Eightcap
|
ATFX
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Eightcap is better than ATFX. Eightcap finished with an overall rank of #38, while ATFX finished with an overall rank of #51.
Eightcap enhances its status as a MetaTrader-only broker with support for a suite of third-party plug-ins, including TradingView.
| Feature |
Eightcap
|
ATFX
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 85 | 85 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
Both Eightcap and ATFX do not allow for the purchase of actual cryptocurrencies, but they do offer the ability to trade cryptocurrency derivatives, providing alternative investment opportunities for traders interested in the crypto market.
When comparing online brokers Eightcap and ATFX, neither offers ACH or SEPA transfers for account funding; however, Eightcap supports PayPal while ATFX does not, both provide Skrill, Visa, Mastercard, and bank wire options for deposits and withdrawals.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
Select Brokers
↓×Compare
0 of 5| Overall Rating | Eightcap | ATFX | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 85 | 85 | |
| Winner | check_circle | ||
| Review | Eightcap Review |
| Broker Screenshots | Eightcap | ATFX | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) |
| ||
| Mobile Trading Gallery (click to expand) |
| ||
| Research Gallery (click to expand) |
| ||
| Education Gallery (click to expand) |
|
| Regulation | Eightcap | ATFX | |
|---|---|---|---|
| Trust Score | 85 | 85 | |
| Year Founded | 2009 | 2017 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 3 | 4 | |
| Tier-2 Licenses | 0 | 2 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Eightcap | ATFX | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | Yes | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | Eightcap | ATFX | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Eightcap | ATFX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 800 | 150 | |
| Forex Pairs (Total) | 56 | 44 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Eightcap | ATFX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.0 | N/A | |
| All-in Cost EUR/USD - Active | 0.76 | N/A | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Eightcap | ATFX | |
|---|---|---|---|
| Minimum Deposit | $100 | $500 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Eightcap | ATFX | |
|---|---|---|---|
| Proprietary Platform | No | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Eightcap | ATFX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Eightcap | ATFX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 30 | 7 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Eightcap | ATFX | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | No | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Eightcap | ATFX | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Eightcap | ATFX | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Eightcap Review |
| Overall | Eightcap | ATFX | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 85 | 85 | |
| Winner | check_circle | ||
| Review | Eightcap Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill